From The Editor's Desk

The COVID-19 pandemic has taken its toll on students and graduates across the globe. It has virtually affected the placement process, admission to new batches, summer internships, alumni outreach programs, and celebration of the flagship annual event, 55th Convocation at Joka campus. In the midst of the deadliest pandemic in recent history, the question of how to reopen colleges safely after months of lockdown is of great concern. First and foremost, the strategy cannot be a one-size-fits-all approach. Rather, the best-prepared colleges will use a multifaceted approach that leverages a range of public health strategies best suited to each institution’s resources, location, and culture. The MBAEx batch students have reached campus to use the institute’s Net facility for online classes. In order to use the institute’s Net facility for unhindered online classes, second-year students of the two-year MBA course (some of whom have severe network issues at their homes) may be allowed to reach back campus.

The cyclone AMPHAN in May 2020 lashed your beloved campus with ferocious wind and rain causing considerable damage to infrastructure. Known for its scenic lakes and lush green space, the campus had to be brought to normal through proper disaster management initiatives. The Joka campus is also poised for a complete transformation with proposed ambitious revisions in the Master Plan of the campus. The plan envisages the addition of a new academic block and new hostel capacity of about 1000 students.

IIM Calcutta, in association with ReNew Foundation, the philanthropic arm of ReNew Power, presented a power-packed webinar on 'Impact of Covid-19 on Global Businesses (with exposure to China)' in July. Like previous years, this year also the members of the ER Cell of student council conducted city meets for the upcoming (57th) MBA batch, this time, digitally. Our Distinguished Alumnus Awardee and CMD of Lemon Tree Hotels, Patanjali G Keswani addressed the students on the Fresher's Welcome session in August. Professor Devi Vijay won the prestigious Carolyn Dexter Award at the Academy of Management Annual Meeting 2020. The Institute-funded research projects at Social Informatics Research Group at IIM Calcutta led to the publication of Dr.Somprakash Bandyopadhyay's new book, "Social Knowledge Management for Rural Empowerment: Bridging the Knowledge Divide using Social Technologies" . Also, the 5th batch of PGDBA students have launched India's first student-run analytic magazine, AINA.

The issue includes students-turned-alumni across programs with their valuable thoughts on Joka experience and other happenings. A consolidated report on placement across all programs is also included for your perusal. Last but not the least, IIM Calcutta has been featured for the first time in Financial Times Executive Education Ranking 2020 in the customized executive education category.

Enjoy as you read and know how your cherished alma mater is keeping pace with time!

Stay safe, stay well!

Prof. Prashant Mishra

Dean (New Initiative and External Relations)


IIM Calcutta features in FT Executive Education Ranking 2020

IIM Calcutta features for the first time this year in the FT Executive Education Ranking and has been ranked among the top 85 business schools across the world and top three business schools from India in the customized executive education category.

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IIM Calcutta presented a webinar on Impact of Covid-19 on Global Businesses

IIM Calcutta in association with ReNew Foundation, the philanthropic arm of ReNew Power presented a power-packed webinar on 'Impact of Covid-19 on Global Businesses (with exposure to China)' on 7th July 2020, between 6:00 PM – 7:00 PM IST. The esteemed panelists were Amitabh Kant, CEO, Niti Aayog, Sumant Sinha, CMD, ReNew Power, Merit Janow, Dean, SIPA, Columbia University, Dr. Mukesh Aghi, President & CEO, USISPF (US-India Strategic partnership forum) and Anju Seth, Director, IIM Calcutta.

Director Anju Seth on the Wednesday Wisdom

The Wednesday Wisdom: The Future Business Schools by BW Education organized a webinar on July 1, 2020, where our Director, Professor Anju Seth was acted as an esteemed panelist. The other panelists were Professor Rishikesha T Krishnan, Director, IIM Bangalore, Professor Himanshu Rai, Director, IIM Indore, and Professor Nagarajan Ramamoorthy, Director, IIM Amritsar. Dr. Anurag Batra, Chairman & Editor-in-Chief, BW Business World & exchange4media, moderated the session. The discussion points were around "What role do business schools play towards job skilled focused education? How autonomy towards curriculum can leverage blended learning? and Leveraging technology and building internationalization in the curriculum".


Professor Devi Vijay won the Carolyn Dexter Award

Devi Vijay won the Carolyn Dexter Award at the Academy of Management Annual Meeting 2020 for her paper titled, “Strangers at the Bedside: Subaltern Solidarities and New Form Institutionalization.” The paper is co-authored with Philippe Monin (EM Lyon Business School) and Mukta Kulkarni (IIM Bangalore). The Carolyn Dexter Award is an All-Academy award given to the paper that best meets the objective of internationalizing the Academy of Management. This serves the mission of the Academy and the charge of the International Theme Committee, which sponsors this Award. Papers receiving this honor typically reflect collaboration between scholars from different countries, topics that are not in the U.S. mainstream but are important in other countries' research traditions, and whose theme and content reflect an awareness of business and management outside of domestic boundaries. This paper also won the Best International Paper Award, Organization, and Management Theory Division and the Runner-up, Best Paper, Organization, and Management Theory Division. Devi Vijay’s co-authored paper with Vivek Nair (first author), “Façade of Neoliberal Merit” won the Best Doctoral Student Paper, Critical Management Studies Division.

A New Book by Dr Somprakash Bandyopadhyay

Dr.Somprakash Bandyopadhyay, Professor, IIM Calcutta and Research Director, Social Informatics Research Group at IIMC and his co-authors, Sneha Bhattacharyya and Jayanta Basak have come up with the publication of their book entitled "Social Knowledge Management for Rural Empowerment: Bridging the Knowledge Divide using Social Technologies" from Routledge (Taylor and Francis Group). This book develops and examines a knowledge-theoretic approach for rural empowerment through the formation of a community-driven social knowledge management (SKM) framework, enabled by social technology. The framework is aimed at mobilizing knowledge resources digitally to bridge the rural–urban knowledge divide and securing rural empowerment using digital connections and social collaborations, built on strategies of self-sustenance and self-development. This is an outcome of one of their Institute funded research projects at Social Informatics Research Group at IIM Calcutta. This work has been possible with the research grant from IIM Calcutta.

Professor Ramya Venkateswaran appointed at XCAB

Professor Ramya T Venkateswaran has been invited to serve as a member of the X-Culture Advisory Board (XCAB) effective August 1, 2020 - August 1, 2021. The X-Culture is an international academic project across 40 countries and 150 universities with global virtual teams of students working on live company projects.

Professor Vidyanand Jha on a Webinar & Case Workshop

As a part of Business Standard's Learning Webinar Series, Business Standard in association with Greatlearning organised a Faculty Learning Programme on Teaching Online, The New Normal : Opportunities & Challenges on August 29, 2020. IIM Calcutta Professor Vidyanand Jha was an esteemed panellist in this webinar. The Association of Indian Management (AIMA), the largest professional association of Indian managers, organised an online Case Workshop on Developing Multimedia Cases on 28th May. Professor Vidyand Jha took the session on Impact of technology on case based pedagogical methods.


Varun Jindal

Satish K Sehgal Doctoral Student Award 2020 for Excellence in Scholarship and Organizational Citizenship

Getting an admit to the doctoral programme at the Indian Institute of Management (IIM) Calcutta was one of the happiest moments of my life. Perhaps my only dream thereafter was to somehow complete the doctoral programme, but God has been really kind to me to have blessed me with much more than I ever wanted. IIM Calcutta is one place I cannot thank enough. The journey of a little less than six years spent at the campus transformed my thought process to bring out the best in me and above all developed me as an individual. A free and conducive environment for research at the institute helped me to pursue my own research agenda that I was passionate about.

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Samadrita Bhattacharyya

The Best Publication Award 2020

My journey as a doctoral candidate at IIM Calcutta has been a truly fulfilling one. I feel blessed to be part of an institution where I had the opportunity to learn from the best of faculties in our country. I am indebted to my professors for the knowledge, guidance, and mentoring I received during this phase. I am thankful to Prof. Indranil Bose, my supervisor, for being a wonderful guide and encouraging me always to push my boundaries.

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Shankhadeep Banerjee

The Best Publication Award 2020

I am thankful to the IIM Calcutta Alumni Association (Mumbai Chapter) and the award selection committee for honoring me with the Best Publication Award, Convocation 2020. When I hesitantly bade adieu to the world of corporate management to pursue PhD from IIM Calcutta in 2015, I had never imagined the journey would be so fulfilling, and the ending so satisfying. While I had experienced the life as a Jokar from the perspective of a PGP in 2010-12, I must say that longer tenure as a doctoral student felt totally different and much more nourishing to my soul. Interactions with professors were more personal and intellectually stimulating, friends became much more like my family, and the enchantingly beautiful campus truly felt like my home.

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IIM Calcutta repeated its history of excellent placements, for its MBA Class of 2020. The average salary stood at a record INR 27.80 Lakh with the median salary at INR 25.10 Lakh. The average salaries for the top 10% and the top quartile of the class were recorded at an all-time high of INR 54.55 Lakh and INR 41.83 Lakh per annum respectively.

  • Batch Strength - 444
  • Total offers - 498
  • Average Monthly Salary - INR 27.80 lakh per annum
Continuing the trend consulting sector remains the largest recruiter with 31% offers. The Boston Consulting Group, McKinsey & Co., Bain & Co., Kearney, PricewaterhouseCoopers, Accenture were the top recruiters in the sector. Some of the other top recruiters in the different sectors were Bank of America Merrill Lynch, Barclays, Goldman Sachs, TAS, Aditya Birla Group, Mahindra & Mahindra and FITJEE.

MBA - Summer Placement 2019

The Summer Placement process for the Class of 2021, 56th batch of IIM Calcutta was conducted in the third week of October 2019. The placement was successfully completed with top notch offers for all the students who appeared for the process. It was one of the largest batches of IIMC consisting of 480 students.

  • Batch Strength - 480
  • Total offers – 495
  • Average Monthly Stipend – INR 1.27 Lakh per month
Top recruiters like Accenture, Alvarez & Marsal, Bain, BCG, McKinsey, PWC etc. participated during the placements. Several international firms like Bank of America Merrill Lynch, Duetsche Bank, Barclays, Hexaware & Apparel Group also hired students from the campus.

MBAEx Placement 2019-20

MBAEx too witnessed a successful placement season for its 13thbatch with the following figures:

  • Number of students in the batch: 62
  • Number of students on sabbatical or not opting for placements: 5
  • Number of students availing placement services: 57
  • Number of students placed at the end of the season: 57
  • % placement at the end of the season: 100%
  • Number of offers made: 64
  • Average Salary: 26.24 Lakh
  • Median Salary: 24.41 Lakh (+6.13% yoy)
  • Highest Salary: 77.60 Lakh
The offers were received from organizations across industries which paved the way for aspirants to successfully shift their industry, roles or functions of choice, arguably more important than securing the job itself. Most importantly, 92% of the class had confirmed offers by February 2020. The program also attracted an international offer. Accenture, Persistent, Atos, Optum, Amazon, Virtusa, Zensar and Sapient were top recruiters by numbers. Business Consulting, IT Consulting, ITES comprised 63% of the offers received. Several new recruiters hired for their leadership roles. Some of the prominent names were Optum, Persistent Systems, Deshpande Foundation, Golyan Group, Tata Communications, ECom Express, Jio Mart, NISG, Quantiphi and BloomGlobal.

PGPEX-VLM Placement 2019-20

PGPEX-VLM is a unique one-year full time residential program for executives, jointly offered by IIM Calcutta, IIT Kanpur and IIT Madras under the aegis of MHRD and DIPP. The mandate for the programme is to send the students back to manufacturing based jobs. It is noteworthy that 2019-20 was a year with significant reduction in manufacturing activities around the country for a variety of reasons. There was a hiring freeze with most of the usual top recruiters. Despite the challenges, IIM Calcutta witnessed encouraging season of placements for the 13thBatch with the following figures:

  • Number of students in the batch: 39
  • Number of students on sabbatical or not opting for placements: 5
  • Number of students availing placement services: 34
  • Number of students placed at the end of the season: 34
  • % placement at the end of the season: 100%
  • Number of offers made: 38
  • Average Salary: 19.1 Lakh (18.4 Lakh in 2018-19)
  • Median Salary: 18.00 Lakh (18 Lakh in 2018-19)
  • Highest salary offered: 47.52 Lakh
The highlight of the season was that three students received international offers. This is an indication of the confidence of the recruiters in the program and IIM Calcutta’s talent on offer. Consulting, manufacturing, Automobile, FMCG and E-commerce are the sectors the students got offers from, where in Consulting dominated the placements. The roles offered to VLM students ranged from mid to senior level with designations like AGM – business development, Hub Head – Operations, EA to MB and CMD, Supply Chain Manager and Designer, senior manager, senior consultant, System Analyst and Product analyst-dy. Manager, etc. A total of 31 Companies (across industries) participated in the placement process. Some of them being , Amazon, IBM Operations, Udaan, ITC, PWC, Gujarat Innovation Hub, Moglix, Infosys, Renoir Consulting, Vector Consulting, L&T Infotech, TCS and TVS Motors, African Industries Group, Ather, Nissan Digital, Milk Basket, BlumeGlobal and Intas Pharma.

PGDBA (4th batch) Final Placement 2019-20

PGDBA placements in 2019-20 were coordinated by IIM Calcutta. 2019-20 season final placements were closed with great success for a very young program. The figures were:

  • Number of students in the batch: 57
  • Number of students on sabbatical or not opting for placements: 1
  • Number of students availing placement services: 56
  • Number of students placed at the end of the season: 56
  • % placement at the end of the season: 100%
  • Number of offers made: 60
  • Average Salary: 26.31 Lakh (+5% yoy)
  • Median Salary: 24.59 Lakh (+6% yoy)
  • Highest salary offered: 41.92 Lakh
This program also witnessed an international offer to a graduating student. Most importantly, 70% of the students converted their internships to Pre-Placement Offers (70%) , strongly indicative of the industry-readiness of the program students. The BFSI sector attracted 57% of the total offers and emerged as the biggest sector for this hiring season. Some of the prominent recruiters who participated in the Final Placement Process were Adani, UGRO Capital, Alshaya Group, ZS Associates, Envestnet Yodlee, EXL Analytics, and ICICI Bank.

PGDBA (4th batch) Internship Placement 2019-20

The program has a 6-month internship program built in its design. The internship placement process for the 4th batch was completed within half a day.

  • Number of Students in the batch: 57
  • Number of Students availing internship placement services: 57
  • Number of Students placed in the process: 57
  • % Students placed in the process: 100%
  • Number of offers made: 57
  • Average monthly stipend: 1.33 Lakh
  • Median monthly stipend: 1.25 Lakh
  • Highest monthly stipend: 1.72 Lakh
A total of thirteen (13) firms could make offers to the students. Top firms focusing on analytics turned out to be the most preferred recruiters. The major recruiters were namely DE Shaw & Co, MasterCard, Amazon, PwC DIAC, Mondelez, McKinsey, Airtel and Play Games.


The Indian Institute of Management Calcutta (IIM Calcutta), established in 1961 as the first Management Institute in India, is poised for a complete transformation of its existing 135 Acre campus located at Diamond Harbour Road, Joka, Kolkata. Along with a proposed ambitious revision in the Master Plan of the campus..

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Virtual city meets for the MBA 57th batch

The ER Cell enthusiastically hosted the incoming students, including waitlisted candidates, the batch of 2022, digitally this year. Traditionally, the ER cell holds annual city meets across India for their incoming batch where new students get an opportunity to interact with current..

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Amid COVID-19, flagship MBA program commences online

In the midst of Covid-19 pandemic, the incoming 57th batch of 2020-2022 for the flagship MBA programme started classes digitally from the 10th of August, ensuring students’ learning is not compromised. Around 480 students from across the country joined the..

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Fresher's Welcome & Orientation Programme

A10 day-long orientation programme for MBA 2020-22, 57th Batch and the new Doctoral Students was conducted online. The programme included interaction with faculty with all academic groups, addresses by Chairperson-Admissions, Dean-Academic..

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MBAEx 14th batch launched during lockdown as per schedule

IIM Calcutta kick-started the MBAEx for its 14th batch on April 20th, 2020, exactly as per schedule, which was planned several months in advance. The Director, Professor Anju Seth flagged off the program, followed by an address by the Chairperson, Professor Manju..

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Buzz Around IIMC Alums

Navtez Bal appointed as Executive Director, Public Sector, Microsoft India

Microsoft announced the appointment of Navtez Bal as the new Executive Director, Public Sector, Microsoft India. In this role, Navtez will lead and expand Microsoft’s public sector business in India, with a focus on driving digital transformation and innovation across public sector organizations, empowering them to serve citizens better. Prior to Microsoft India, Navtez was a Senior Partner at McKinsey & Company, where he led the restructuring and transformation services and operations service line in India.

Reuben Kataria appointed as GMof The Leela Hotel and Residences Bhartiya City Bengaluru

Reuben Katariais a veteran in the hospitality fraternity and is known for his leadership qualities, he brings valuable knowledge from his world-wide assignments with prestigious Indian and International Hotel chains like The Oberoi, Hyatt and Marriott International. With more than two decades of experience in managing hotel operations for both Business Hotels and Resorts, he brings with him the ideal skillset required to help open, launch and position The Leela Hotel and Residences Bhartiya City Bengaluru in a highly competitive market. In his new role, he will oversee the complete pre-opening strategy, operations and management of the hotel and guide the hotel senior leadership team with his vision.

Pankaj Dubey appointed as the MD of Power Global Energy Services

The former Polaris India country head and managing director Pankaj Dubey has been appointed as the MD of Power Global Energy Services, a public benefit corporation, headquartered in California. The company is preparing to set up a manufacturing and engineering base in India with focus on actively cooled Lithium-Ion battery modules, engineering specifically for the two and three-wheeler market, the company said in a release. The company aims to enter the market to expedite India’s transition to electric vehicles in India. The company is claimed to have developed prototypes for trials over the last year and plans production in 2021.

Prashant Joshi appointed as MD & Head - National Distribution, DBS Bank India

DBS Bank India has appointed Prashant Joshi as Managing Director and Head of National Distribution. In his former stint he was associated as Chief Operating Officer at IndoStar Capital Finance and has close to three decades of experience in the banking sector. He will report to SurojitShome, MD & CEO, DBS Bank India. Prashant was responsible for setting up the SME and affordable housing finance business at IndoStar Capital Finance. He also managed the Operations & Technology platforms for all businesses. He has been associated with Deutsche Bank, Standard Chartered Bank & IDBI Bank.

Supriya Prakash Sen appointed as a Director on the Board of Azure Power Global Limited

Azure Power, a leading solar power producer in India, announced that Ms. Supriya Prakash Sen has been appointed to Azure Power's Board of Directors as an independent non-executive Director. Ms. Sen has over 30 years of experience in banking, private equity, capital markets and multilateral funding andinvestment as well as a significant involvement in sustainability initiatives globally and in India. Currently a Senior Advisor with Mckinsey& Co, she also serves as independent director for firms and non-profits in Asia where her emphasis has been on strategy, governance and fund-raising.

Basant Dhawan appointed as the CEO, TCM

TCM, a full service sports marketing and management company has appointed Basant Dhawan as Chief Executive officer. Basant will be responsible for leading all the existing business verticals of TCM – Sports consultancy, Domestic league rights, In-Stadia rights, Athlete representation, Sponsorship management, Event Operations etc. Additionally, he will be developing & implementing sports content strategies & drive other new business lines for TCM across domestic & international markets. Prior to his recent stint with CNN News 18 & CNBC TV 18 as CEO, Dhawan was with Star Sports as SVP & Head Emerging Sports. He was part of the team that has delivered the new domestic leagues to India – Pro Kabaddi, Indian Super League ,Premier Badminton league etc besides establishing premium sports like English Premier League, Grand slams for Indian viewer.

Tata Digital appoints Mihir Kulkarni as Head, Marketing

Tata Digital has recently appointed Mihir Kulkarni as its new marketing head. Prior to joining Tata, Mihir headed the marketing role at Bounce, a Bengaluru based mobility solution provider, which provides bikes on rent. Mihir has also worked with brands like Pepperfry and Star India in the past. Mihir started his career as a software engineer with IBM Global Services.

CSB Bank appoints Pralay Mondal as retail banking head

Fairfax-controlled CSB Bank Ltd has announced that its board has appointed Pralay Mondal as the company’s president for retail, SME, operations and IT. Of his 30 years in banking, Mondal has spent 12 years at HDFC Bank and before that he was associated with Standard Chartered Bank, Wipro InfoTech and Colgate Palmolive. The Kerala-based lender, earlier known as Catholic Syrian Bank, is controlled by India-born Canadian billionaire Prem Watsa’s Fairfax Financial Holdings. The investment firm had acquired a 51% stake in CSB in 2018.

Facebook India appoints Arun Srinivas as head of Global Business Group

Facebook has appointed Arun Srinivas as the Director of Global Business Group to lead the strategy and delivery of the India Marketing Solutions charter that is focused on large advertisers and agencies. As a part of his role, Srinivas will spearhead the company’s strategic relationship with the country’s leading brands, agencies, and partners to drive Facebook’s revenue growth in key channels in India, and partner the media and creative ecosystems for accelerating adoption of digital tools by businesses. He will have the company’s key business vertical teams, agency teams, and business solutions teams reporting into him.


-by Bhaskar Basu 24th Batch Alum

Tracing a much-traversed path of ‘middle class’ Indian child growing up in the ‘70s & ‘80s, graduated as a Mechanical Engineer & then worked for two years to fund my MBA. Joka was a ‘mixed bag’ experience to begin with for me:

  • Trepidation of getting back to classrooms after a gap
  • Adjusting to the available hardware’ gap moving on from Mumbai
  • Cohabiting with a sea of mosquitoes as yet not experienced
  • Adjusting to the new group of bright persons with stellar credentials with a sense of “unknown.’
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AkshayPuri, MBA 55th Batch Topper 2020

My time at Joka was full of varied experiences. The emphasis IIM Cal puts on helping its students pursue activities in addition to academics is truly unique. My own journey at Joka gave me the chance to play tennis at Sangharsh, get a dual degree as a CEMS student in Copenhagen, run in a 21k marathon as well as accomplish an IR 1 at the end of two years. What I learned to value the most however, was the bond among classmates, that tribe-like “Joka” connect that we have. I can safely say that none of the things I’ve accomplished could have been possible without the people I had around me. My second learning came as a rude shock - I didn’t want to miss anything and yet didn’t have time to do everything. Joka taught me the way to find a balance among the hundred things that demanded my time. Looking back, I can see quite clearly why alums say that even if we have left Joka, Joka doesn’t quite leave us.

FaridulQadar, MBAEx 13th Batch Topper 2020

IIMC was perhaps the best thing that could have happened to me. The learning at IIMC helped me in getting trained with leadership skills, and business knowledge required to take a leap in my career. I will be forever indebted to IIMC professors, who not only taught me various tools and techniques to solve complex business scenarios, but also influenced me to carve out a balance between functional excellence and business acumen. The quality of peer group at IIMC was of the highest order, and getting the gold medal in that batch will always remain a key highlight of my life. After passing out from IIMC, I am delighted to be a Jokar for life because it is a star-studded community that counts among itself members who are role models world over. Getting this prestigious tag for life is an achievement that I will always cherish. Membership of this elite group will always help me believing in myself, and my abilities, irrespective of the quantum of challenge. Finally, my Joka journey would not have been memorable had the unstinted and unwavering support of the PGPEX office, alums, mentors, and batch mates not been there.

Rintu Stephen, PGPEX VLM 13th Batch Topper 2020

April 2019 to March 2020 - A transformation journey powered by IIM Calcutta. I was born in Kerala, brought up in Calcutta, completed my mechanical engineering from NIT Durgapur in 2012, worked for TATA Motors at Sanand, Mumbai, and Pune for 6.5 years. The impeccable faculty and rigorous course structure at IIMC helped me to stretch and push myself beyond my limits. My learning curve was exponential as I was not just an MBA candidate but also the Placement Representative of the batch. The cohort has always been a safety net which I could fall back to and I believe that I have learnt something unique from each of my batchmates. The tiring sleepless nights, the thrilling group discussions, that excitement when I became the first rank holder from PGPEX-VLM Batch 13 - a plethora of emotions.


Joka – It’s a feeling - by Simran Pasricha, 56th Batch

Joka! It is not just a word, It’s a feeling! My first encounter with the word Joka was more than a year ago. After getting admitted into IIM Calcutta, a friend from another B school said , "Let's see how Joka treats you!". I had no idea what Joka meant then and I immediately texted a friend at IIM Calcutta and till date I can clearly remember his words, "It's our tribe which is not found anywhere else...

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ONLINE SPEAKER SERIES : VLMP-14 Leadership talk Series # 6

The student of PGPEX VLM organized the VLMP-14 Leadership talk Series # 6 on August 20 virtually. This special talk was delivered by Satyakam Arya, Managing Director & CEO, Daimler India Commercial Vehicles. He spoke on "Business Scenario of Indian Commercial vehicle sector". Mr. Arya is specialist in supply chain management, Greenfield project set up, business turnaround management and customer services.

ONLINE SPEAKER SERIES : Finance Lab conducted Dr. Viral V. Acharya’s Virtual Talk

On August 3, 2020, the Finance Lab at IIM Calcutta hosted Dr. Viral V. Acharya’s virtual talk titled “Fiscal Dominance: A Theory of Everything in India” based on a new introductory chapter in his recently released book titled “Quest for Restoring Financial Stability in India” (SAGE Publications India). He proposed his thesis that the notion of fiscal dominance can be applied to potentially all financial sector policies and regulations. He also urged the audience to critically analyze his hypothesis and engage in public discourse for the strengthening of the Indian financial system. IIM Calcutta faculty members across disciplines and students across programs as well as alumni across programs, batches, academia, and industry attended the talk and participated in the Q& A.

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While the world came to a standstill, offices shut down and campuses became ghost towns, there was only one light uniting us all and that was the unwavering Joka spirit. Capturing this spirit and building upon the ‘Never Back Down’ ingrained in us Jokars, we, the Alumni Cell of IIM Calcutta have risen to the challenges posed to bring you a bunch of inspiring stories & informational sessions. We started with Mr. Vamsi Mohan Thati (President, South Asia Pacific at the Coca Cola Company) who educated us on the crucial learnings he acquired in his prolific journey from a newly minted MBA to the Regional Head of one of the world's largest beverage companies.

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MarC has been busy in spreading the marketing fire on campus. It collaborated with 11 other top B schools to organise an Inter B-School Marketing competition, which saw a participation of 3.2K. Following Joka's traditions, a competition for PGP1s, to confer the the title of 'Marketing God of Joka' was held for the incoming batch.Webinars by esteemed speakers like Manish Dua, MD&CEO of Intermiles (formerly Jet privilege), Shiv Tiwary, Chief Marketing Officer - Reliance Nippon & others were held for the benefit of students

Finance Club

The Finance and Investments Club has been active since June, even before the term started. It collaborated with finance clubs of IIMA, IIMB and IIML to hold joint speaker sessions hosting private equity and industry veterans. It released the first issue of 'The Bottom Line' - a monthly joint e-magazine curated by finance clubs of IIMA, IIMB, IIMC and IIML. It Conducted a stock pitching competition among 200+ students to facilitate selection for CFA Research Challenge, with participation from the incoming batch It partnered with StockGro to organise daily stock trading competitions & cash prizes worth more than Rs 1.5 lakh have been won by IIMC students till now. Members of the team participated in Campus Fund - India's first student-led VC fund for student start-ups. 3 students from IIMC made it to the 24-member team across all Indian institutes.


The Consult Club has recently launched Funnel Vision, a fortnightly newsletter with short explainers on business strategies & exciting new pivots by firms. The club also organized Beacon, a case competition exclusively for PGP1s. 106 participating teams were given a case study on Zomato to drive customer loyalty and propose growth strategies during COVID. This challenged our incoming batch to think like a business strategist. The club collaborated with vCoach Academy to host a case-solving workshop by Marc Cosentino and Evan Piekara, the authors of Case in Point.The club also co-ordinated with Niroggyan, a health-tech start-up co-founded by IIM C alumnus Joyneel Acharya, to offer a live project to the students.


'AINA: AI and Analytics' became the first ever student-driven Analytics magazine in India. Compiled by the students of 5th batch of PGDBA (2019-2021), this pioneering effort aims to bridge the world of business understanding with that of academic and technical acumen for those in the field of analytics and also for the aspirants who wish to transition to this field. The magazine exhaustively covers and discusses the applications of AI in the fields of MSMEs, military, supply chain, telecom, IoT, automobiles, marketing and music. Several advanced concepts of computer vision, ethical AI, data privacy, federated learning, reinforcement learning, and the legal aspects of Machine Learning have been presented through simple everyday contexts. The magazine has been released through multiple online forums like LinkedIn, Twitter and Facebook.


INCA- the social service club of IIM Calcutta has been extremely active in these turbulent times. It has worked to provide relief for Bengal Flood victims. It collaborated with over 20 B-schools across India to raise 3 Lakhs in funds for Amphan, donated through NGO's. They also worked for Assam flood relief & raised over 1 Lakh in collaboration with IIM Shillong& other B-schools. They also collaborated with 'Proactive' to star a Campus Ambassador program on Women's health to promote menstrual hygiene.INCA also organised a case competition & quiz competition with D2C 'Beat the Odds' with over 1400 participants across India.Presently, INCA is in process of organising 'Unnati', their flagship education program for underprivileged children on Online Mode. This time, the program has been expanded to include children of all IIM Calcutta mess workers.


Dealing with the pandemic has been rather tough for the group of avid quizzers who had to resort to conducting quizzes over Zoom. But this did not stop them. ICQC hosted The Virtual Quiz and Sports Quiz before the academic session commenced. The flagship Joka Starter Quiz saw participation from 230+ students from the 55th, 56th and 57th batch. PGP1s were onboarded into ICQC through the Fresher’s Quiz.


All Joka alums would have cherished memories of JBS BAROC performances. While we miss those live performances, JBS BAROC has continued to mesmerise us!Alums from across batches & around the globe have come together in 2 never before video launches of heart touching music.The Global Anthem of IIMCians, JBS BAROC's rendition of "PyarHameKis Mod pe le Aya" was premiered over a live Zoom event. "Yeh Shaam Mastani"- an Antakshari evening was held over zoom for the incoming batch to break the ice with PGP2s.


The Choreography Club of IIM Calcutta wished everyone across India a Happy Independence Day with a stunning dance routine. The virtual dance routine conveyed the need to free one's spirit during the pandemic and fill it to the brim with hope, kindness, and love.The Club welcomed the incoming batch into the Joka Tribe with an upbeat dance number on the tune of Biba - by Pritam and Marshmellow. Thirty-eight dancers came together virtually to perform dances ranging from Bollywood to Bihu to Shuffling to Bhangra to Hip-Hop.


Hues, the creative capital of IIM Calcutta is the art and craft club of the campus, serving as an opening for many to get in touch with their creative sides during the busy MBA life. In these unprecedented times, many of us had the chance to explore our artistic sides and new forms. Hues started its Artists of IIM Calcutta exhibitions on its official platforms to help artists’ showcase their artworks to the entire community. With 80+ entries, the response has been tremendous, specially from the 57th batch, who have sent some very unique and amazing works! Hues also conducted Joka Art Competition, for the incoming batch to embody what Joka means to them by writing the word, “JOKA”, in the most innovative way possible. The submissions were extremely impressive and the number of entries saw an 120% increase YoY! Winning entries, received cash prizes and are also displayed on IIM Calcutta’s and Hues’s official handles. Hues was also part of Joka’s got talent conducted by SpicMacay this year. With a first time inclusion of Art, the club was able to help judge the multiple entries of incoming batch.


E-Cell, in collaboration with Enigma+, launched an online Bootcamp where Industry Experts could mentor students from all across the country. These experts hailed from top MNCs like Google, Facebook, Microsoft, McKinsey, LinkedIn, and Amazon. This allowed students to get a peek into the minds of business leaders and hone their problem-solving skills. E-Cell partnered with Youth Startup Network (YSN) to launch a Webinar series on that brought on various founders, VCs, and Investors as speakers. These webinars discussed topics ranging from Innovation and Creativity to Angel Investing. Some of the speakers included Prasoon Gupta, Bibin Babu, and Deep Bajaj. E-Cell also launched a Mentorship program in conjunction with YSN. This program gave IIMC students a chance to mentor kids aged 10-25 and guide their holistic growth while inculcating an interest in Entrepreneurship. E-Cell collaborated with IIMCIP and CEI to launch Post COVID Venture Experience, which gave IIMC students a unique opportunity to get hands-on experience with start-ups incubated under IIMCIP and get mentored by an eminent board of Industry stalwarts. To mark Women's Equality Day, E-Cell conducted a panel discussion with women entrepreneurs who represented the whole entrepreneurship spectrum. The panel included luminaries like Deepa Krishnan, Shivangi Nadkarni, Tanvi Johri, Ankita Vashistha, and Meeta Malhotra and mediated by Prof. Pragyan Rath.


We, at Joka, value culture, entertainment, and personality development as well as academics. JOKA’s GOT TALENT is a chance for new Jokars to share their talents with all of us! It’s an event where students bring out the best talent they own and showcase it with utmost passion and enthusiasm. Carrying the legacy of 56 batches, the event was conducted with same enthusiasm and enigma via virtual platforms by SPICMACAY. It saw an overwhelming participation from the incoming 2020 batch with talents ranging from singing to poetry, music to dance forms, and much more. We are proud of the undying spirit and positive attitude of both the students and the institute who haven’t given up on getting priori experiences to the students, even in the online mode. Who could think of such eliteness from a batch that never saw the campus. Imagine the prospects when they are under the roof of the rich legacy of IIM Calcutta experiencing 56 years of wisdom, energy and divine force of knowledge in the institute.


The HULT Prize is a Global Case Challenge spread across 200+ countries across the world and 150+ colleges in India. It is conducted by the Hult Prize Global Team which is a not for profit organization and run by Mr. Ahmad Ashkar. It's backed by Bill Clinton and UN.Deemed the Nobel Prize for Students, the Hult Prize is the world's largest engine for the launch of sustainable, impact-centred startups. So far we have carried out few amazing events and social initiatives..

  • Organized "Ace the Case" competition with 700+ participants
  • Raised INR 80k+ donated for Assam Floods
  • Organized the biggest Quiz Competition of 2020 with 5200+ participants from 1300+ organizations
  • Running a "Campus Ambassador Program" in 150+ colleges across the country
  • Conducted "Illuminate Case Competition" that raised INR 1.2L for donations to different NGO partners including Goon
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