INDIAN INSTITUTE OF MANAGEMENT CALCUTTA

Admission Procedure for Overseas Candidates

Post-Graduate Programmes in Management (PGDM and PGDCM), 2008-2009

Overseas candidates - Definition

Indians and foreign nationals living, working or studying outside India at least for the period January 1, 2007 - February 15, 2008 are considered as overseas candidates. Candidates residing in neighbouring countries like Nepal from which there are no entry restrictions to India, are not considered as "overseas candidates".

Eligibility

In order to be eligible to apply for Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Computer Aided Management (PGDCM) programmes, a candidate must have at least a 3-year bachelor’s degree with at least 50% marks from a recognized University or Institute in India or abroad.

How to Apply

Overseas candidates seeking admission to the two year residential Post Graduate Programmes in Management (PGDM and PGDCM) should take GMAT and apply in the prescribed for available in our website (www.iimcal.ac.in). Completed Application Form along with (a) copy of the latest GMAT score certificate (not older than 2 years as on January 7 2007) (b) two recommendation letters from two academic referees (preferably from professors/teachers who have taught in the recent past), and an application fee of US$100 (by bank draft in favour of Indian Institute of Management Calcutta payable at Kolkata) must reach IIM Calcutta latest by January 7, 2008. The earliest date for receiving of applications is August 20, 2007.

Candidates in the final year of graduation may also apply provided they expect to complete all their requirements for graduation by June 30, 2008. Candidates must produce evidence of having qualified for "Overseas Candidates" category.

Application Form

Download the application form and mail the completely filled in form along with required documents and required application fee in favour of "Indian Institute of Management Calcutta" payable in Kolkata to:

GMAT Institution Code Number

The GMAT Institution Code Number for Indian Institute of Management Calcutta is 7003.

Shortlisting and Interview

Candidates will be shortlisted based on GMAT score, academic performance, relevant work experience and letters of reference. Shortlisted candidates will be required to appear for interview in India during March/April 2008. Candidates applying for PGDCM programme will also be required to appear for Aptitude Test in Mathematics (ATM) sometime in middle of March/April 2008. The interviews will be held in Bangalore, Mumbai, Kolkata and New Delhi. Necessary travel arrangements for this purpose must be made by the candidate. Institute will not bear any expenses for attending the interview. The GMAT score of candidates selected for 2007-2009 batch ranged between 680 -- 770 and the average was 730.

The requirements for interview may be waived at the discretion of the Institute. The final selection is made using multiple criteria that includes the parameters mentioned above.

The Institute

The Indian Institute of Management Calcutta (IIMC) was established in 1961 by the Government of India with the help and co-operation of the Alfred P Sloan School of Management (MIT), the Government of West Bengal, the Ford Foundation, and Indian industry. Over the years, IIMC has evolved into a center of excellence in management education with a global reputation. It has been playing a pioneering role in professionalising Indian management through its Post Graduate and Doctoral Level Programmes, Executive Training Programmes, Research and Consulting Activities. IIMC alumni are occupying leadership positions as corporate managers, academicians and successful entrepreneurs, worldwide.

Academic Year and Programme Description

Each academic year starts in June/July and ends around March/April, and consists of three terms. Students gain valuable practical experience through a mandatory two-month summer project at the end of the first year.

The Indian Institute of Management Calcutta (IIMC) offers two full time two-year Post Graduate Programmes, one leading to a Post Graduate Diploma in Management (PGDM), and the other to a Post Graduate Diploma in Computer Aided Management (PGDCM). The latter is a distinctive programme with special emphasis on Information Technology (IT) and its use in decision making. Both PGDM and PGDCM are two-year Post-Graduate programmes in Management designed as full-time residential courses, and introduce students to the fundamentals of management. Students admitted to PGDM or PGDCM course are required to take courses in marketing, finance, production and operations management, data processing, human resource management, strategic management, statistical methods, sociology, economics, legal systems, business environment. Students of the PGDCM programme, in addition, take some courses in information technology. PGDM students, on the other hand, take some additional courses in economics, political and social environments of business. Eligibility criteria for both of these programmes are same. Overseas candidates can apply for both of these programmes.

The Post-Graduate Programmes enable a student to face the challenges of modelling unstructured business problems and proposing solutions to such problems. The main thrust of training at the Institute is to imbibe a sense of strategic outlook to management problems in the students. The emphasis, therefore, is on management as an integrated process and requires the students to develop a global view of economic, technological, cultural and political environment of the business. Though the program provides opportunities for specialization, the objective is to train high-level decision makers with broad strategic vision.

The Institute has a number of student exchange programmes with business schools abroad. Students who are selected for these exchange programmes spend a term in their second year in the partner institution to which they are nominated with credit transfer arrangements.

Course Structure

The course enjoys a two-tier structure. The first year is committed to developing business fundamentals through compulsory courses spanning the areas of economics, finance, marketing, operations, systems and behavioral sciences.
The second year offers more number of electives than any other B-School in India. The flexibility in the system ensures that a student at no point makes a compromise with his desired area of pursuit.

Methods of instruction

Methods of instruction are varied and include class-room lectures, case studies, simulation of business operations through games, and individual and group projects. The Institute believes in strong interaction with industry, and practitioners provide significant academic inputs in many courses.

Fees and Expenses

An overseas candidate in the current batch (2007-2009), has to pay the tuition fee of US $ 13000 per annum, totalling to US $ 26000 for a period of 2 years. In addition to the payment in US dollars, the overseas student is required to pay one time refundable caution deposit of INR 6,000/-. The above mentioned fees may be revised for the academic year 2008-2010. The fees are likely to be revised for the next batch.

Living and other expenses during the period of his/her stay are payable in Indian rupees, which come to about INR 1500-2000 per month.

Financial aid, Scholarships, Prizes and Loans

IIM Calcutta will ensure that no PGP student faces any difficulty in pursuing education at the Institute for want of financial resources. We provide financial aid varying from part to full tuition fee waiver based on the students’ economic condition. The institute also has its own merit-cum-means scholarships for the deserving students belonging to the economically weaker sections. Meritorious students in the second year may also be awarded tutorship. A number of scholarships sponsored by different companies would be available for the deserving students on the basis of merit and various criteria.
Various nationalized and private banks provide educational loans on easy terms. Some of the banks that students have been associated with are State Bank of India, Punjab National Bank, Citibank, HDFC, Allahabad Bank, etc.

Faculty and students

IIM Calcutta is a veritable melting pot of excellence - both the students and faculty are among the best available anywhere. We have distinguished members as our permanent faculty and visiting professors of high acclaim. Several of our faculty have achieved worldwide acclaim and have won awards in their fields of specialization. The Management gurus that instill the right skills in the IIMCians are a lot to speak of. Their Ph.D.'s and Masters from internationally acclaimed universities like MIT (USA), Stanford, Cornell, Carnegie Mellon, Pennsylvania, Connecticut, INSEAD, Rochester (USA), Illinois at Urbana, Champiagn, Australian National University and nationally from the IIT’s, IIM’s, JNU, University of Delhi and Calcutta to name a few have time and again been reflected in their style of explaining the most difficult of concepts through the easiest of examples. Most of our faculty is visiting faculties to these international institutions.

Infrastructure:

The 135-acre campus of the Institute has a cluster of Administrative and Faculty Office Blocks, fully equipped classrooms, seminar and conference rooms, Management Center for Human Values, residential quarters for students, faculty and staff members, library, an executive training complex, a bank and a post office. The 750-seat state-of-the-art Auditorium is the latest addition to the campus.

The presence of the lush trees and seven lakes makes the campus picturesque and well endowed.

The B.C.Roy Memorial Library of the Institute, which started with a liberal Ford Foundation grant, has grown over the years, keeping pace with the development of the Institute, developments in the area of the library and the services and the changing information needs of the users. The library is considered as one of the major management libraries in South Asia.

Wired Campus

A growing community of students, faculty, alumni and other target audiences interact online over the web everyday at IIM Calcutta.

IIM Calcutta enjoys a Gigabit Ethernet Campus Backbone. Bandwidth is provided via a 2mbps link. The campus is wired on a 100mbps and 1-Gigabit Ethernet Backbone. This is a pure switched network that has been configured using Layer II and Layer III switches. All rooms on campus are wired onto the Internet. The network is a redundant system, which takes care of fault tolerance. 1100 rooms and all offices on campus are connected to this backbone, offering 24-hour, high-speed access to the Internet from the comforts of your room.

The IIMC web offering spans public interfaces and private web doorways. It operationalizes a conceptual real world extranet. IIMC web Internetworks an online community of students, faculty, alumni and corporates. It runs on optical fiber supported mission-critical hardware over bandwidths of 2 Mbps at the Computer Center, IIM Calcutta. In terms of complexity and services offered to internals, IIMC-Web is unique across similar schools in the Asia-Pacific region.
The IIMC web provides the stakeholders facilities for mail, message boards, alerts for important events, contact details, online courseware, online elections, submissions, birthday alerts, etc. The IIMC extranet fully conceptualized and built by a student group has found itself as a subject of a case study by Microsoft India

Placements 2007:

The traditionally strong recruiter perception of IIM Calcutta was reflected in the success of Placements 2007. The graduating batch size of 251, the largest across all premier business schools, proved to be a blessing this year, as it attracted the crème de la crème among firms in India and abroad as well as the most coveted jobs on offer. Top companies such McKinsey, Boston Consulting Group, Bain Consulting, ING (Netherlands), Value Partners, Merill Lynch, UBS, SUN Group, ABN Amro, Bloomberg, Mittal Steel, PWC and  Irevna made their largest offers across all business schools in India at IIM Calcutta, with JP Morgan Chase, BNP Paribas, Optiver and SUN Group (Private Equity) recruiting exclusively from IIM Calcutta, thus reaffirming its status as the most preferred campus for recruiters.

108 companies (72 during finals and 36 during laterals) participated in Placements 2007 making a total of 531 offers at IIM Calcutta this year, with the other firms unable to recruit as the entire batch had already been placed.
Placements 2007 was marked by hefty packages with 4 students getting packages of over INR 1 Crore, and the senior roles offered to the students. The pay packages offered for the class of 2007 saw an increase of 44% across slots over the previous year. Average Domestic Salary: INR 1.4 Mn up from INR 0.98 Mn, Highest Domestic Salary: INR 4 Mn up from INR 2.3 Mn and Highest Foreign salary: USD 250,000 up from USD 152,000 last year.

Also, firms from a wide range of operational areas hired the students with work experience for senior executive levels notably the offer of Country Head by an energy company and the Assistant Vice-President by a financial services company during Lateral Placements. Whereas Laterals was earlier the exclusive hunting ground of the IT companies, 2007 saw companies, both domestic and international, recruiting from steel (Arcelor-Mittal), manufacturing (Trident), FMCG (Pepsi), retail (TESCO, M.H. Alshaya, Reliance), real estate (Feedback Ventures), consulting (KPMG, PWC), general management (Tata Strategic Management Group), energy (Acme), financial (Citi Financial, Standard Chartered), and pharmaceutical (Dr Reddy's and Pfizer) sectors. The end of the laterals season saw close to 120 offers being made making it the most successful laterals across B schools in India.

Student Life:

IIMC has a vibrant student community. Seminars, business school meets, sports and cultural events are regular features of the campus life. Student initiative is encouraged and students run a large number of clubs and societies. Simple pleasures are brought out here. One has the freedom to choose from amongst relaxing on our very own Howrah Bridge to participating in the multi diversified skill-sharpening clubs. Extra Curricular Life at IIMC is undoubtedly one of the busiest phases here. From having corporate case contests to the World War, the wildest inter-hostel contest possible, we at IIMC have seen it all. The institute has given the perfect atmosphere to grow in, to develop into people first and then as leaders.

Exploring Calcutta:

Calcutta, now known as Kolkata, the city of joy, is the veritable capital of eastern India, The capital of the state West Bengal. It was the seat of colonial power in India for more than 150 years. It began as a trading outpost more than 300 years ago and has grown into a thriving metropolis - a literal pot-pourri of diverse cultures.It has often been said that one has to live in the city of Kolkata in order to feel its pulse. It is vibrant, warm, indestructible, dynamic, alive and friendly. A state of affairs often baffling to the casual tourist but completely explicable to its residents!
We at IIMC are glad to be living in such a culturally rich and multiethnic city and we’re certain that you will share our view after you have spent some time with us.
Kolkata has grown from a mere fishing village into the largest city in India with a population of 10.5 million, and indeed, one of the largest cities in the world. Calcutta served as the capital of British India until 1912 and it is not surprising that one sees predominantly Western architectural styles in its many buildings and monuments. Two of the finest examples are Writer's Building and the Victoria Memorial, where the architecture is a medley of the best of Occidental and Oriental styles.

Kolkata more than anything else is a city with strong cultural and literary flavors. This is reflected in the ever-increasing flow of activity in such diverse fields as fine arts, writing, music, dance and theatre. Equally a part of modern Kolkata is its many clubs and sport centers. Calcuttans are avid fans of football and cricket