The First, Second and Third Rank Holders get the IIMC Calcutta Chapter Alumni Gold Medal, the IIMC PGPEX First Batch Alumni Silver Medal and the IIMC PGPEX Fourth Batch Alumni Silver medal respectively. They also receive Institute Book Prizes and Book Prizes sponsored by Taylor & Francis Group. And their names appear in the Director’s merit list. Other rank holders receive Book Prizes of the Institute and Book Prizes sponsored by Taylor & Francis Group.
The Sixth Batch PGPEX alumni sponsor a silver medal for “Greatest Contribution to Campus Life” by a PGPEX student.
A new award, the Arvind Kumar Memorial Award has been started from 2016-17 with contributions from PGPEX alumni and the Institute. This is in memory of Arvind Kumar, a PGPEX Batch 2 alumnus and is given to the PGPEX student who displays “exceptional entrepreneurial spirit and leadership qualities”.