We need to clear the misconception that IIM Calcutta does not lay emphasis on your past academics. It very much does. You need a decent 85+ in 10 and 12 to get into IIM Calcutta.
Coming to graduation, its scores are also taken into consideration. I have seen instances where the candidate had 85+ in 10 and 12 and CAT score as high as 99.5. But he failed to get into IIM Calcutta because of a low graduation score around 60 although he was a non-engineer.
So it’s just a conception that IIM Calcutta does not place emphasis on past academics.
There are numerous factors that influence your admission. But, to be honest, IIM Calcutta has the most straightforward selection criteria. All you need to do is get a CAT score of 99.8% or higher and you'll be contacted. This may appear vague because 99.8% is a big deal, but it's comparatively simple because you may not receive calls from IIMA or IIMB even if you score 99.99%.
Other determining factors include
Finally, consider your graduation option. If you are not an engineer, you have a better chance of getting an MBA in college.
IIM Calcutta Placements 2023 has been a standout year with excellent placement records and the highest placement year. Here are some key points about the placement season:
Overall, the 2023 placement season at IIM Calcutta has been a resounding success, with high average and median package offers and a significant number of offers made by top recruiters in the consulting and finance sectors.
Business analytics is surely a game changer in today’s world. And we are talking about IIM Calcutta here. The institute itself guarantees the quality of education.
Business Analytics is offered only at IIM Calcutta and IIM Bangalore. No other institute has yet initiated this program.
Eligibility:
At least graduation with minimum 50% marks
Minimum 2 years of work experience and currently employed
Screening & selection will be done by IIMC
Programme fee: INR 5,10,000/- + (applicable taxes)
The program demands adequate familiarity with high-school level mathematics. It started last month i.e November 2022.
In India, IIM Lucknow is worth far more than ISB, particularly in MNCs and finance/marketing jobs.
The talk of a consulting and network-building pedigree revolves more around their flagship PGPX program and their tentacles in Microsoft and Cisco, both of which recognize the limited role of an MBA in their industry and provide well-defined jumps to ISB graduates back on campus. In the last 2-3 years, IIM Lucknow has done fairly well in global placements, and the sky is the limit for the right student.
It is clear that your decision should be motivated by your prospects of performance at either campus and should be carefully considered.
It is true that those who can balance pressures and perform consistently have an advantage when it comes to placements on campus. Also, mobility in the industry should matter without the help of your b-school label and should be about your performance on the job in making friends. Students from each campus meet everyone on an equal footing in the industry.
Only if you accepted a different field in your campus placement or were assigned a backroom job will you face unequal pressure, as neither pedigree allows you much mobility.
The answer is no. After a student is admitted, IIM Calcutta does not run background checks on their employment history. Pay stubs work well for this. It also becomes irrelevant if your intention is to become an entrepreneur rather than sit for placements.
Otherwise, the company that will take you will undoubtedly do so.
IIM Kozhikode and IIM Calcutta are prestigious B-schools in India. But IIM Calcutta is slightly better than IIM Kozhikode in some aspects.
The following are the reasons for choosing IIM Calcutta over IIM Kozhikode.
The table below will help you to make a better comparison:
College |
IIM Kozhikode |
IIM Calcutta |
Ranking |
#6 in NIRF |
#3 in NIRF |
Median Package |
INR 27 LPA |
INR 33.67 LPA |
Average Package |
INR 31.02 LPA |
INR 35.07 LPA |
Highest Package |
INR 67.02 LPA |
INR 87,36000 |
Top Recruiters |
Amazon, Deloitte, EY, JP Morgan Chase, KPMG, PwC |
Adobe, Flipkart, Amazon, BCG, Goldman Sachs |
Here are my ratings for the IIMs
The above rankings have been done on the basis of age, placements, and research. I don’t think these factors are enough to rank IIMs.
Another major parameter of comparison is the duration of the establishment.
Most of the FT rankings and online rankings are based on this parameter. In reality, every IIM has top-notch faculty, infrastructure and placements m. Yet the new IIMs will take some time to reach the top.
For some reason, many MBAs, as well as at least half of recruiters, believe that is the primary trade to pursue as an MBA.
Most recruiters are aware that IIM Calcutta is not particularly strong in finance (despite popular belief). The IIM C aura, on the other hand, has been carrying it, and the quant-heavy students from IITs prefer to load up on Bong Kolkata when they give up CAT in the pre-final year and choose the easy option. IIMC placements are notoriously shoddy, and due to the chilled campus name, they frequently load up on bottom feeders in the bottom half of the placement, as a result of which they produce more techs and outsourcing managers left behind in India offices than any other IIM campus.
IIM Ahmedabad graduates end up in jobs where they like to manage uncertainty in entrepreneurial roles, and they have had a significant chunk of bottom feeders in every other batch because their entrepreneurs are almost never confused with well-funded start-up entrepreneurs until they are. However, given this history and IIM Bangalore's management of many global placements, IIMB has, in my opinion, become the undisputed leader in Finance and Consulting placements, leaving the competition far behind. Most rankings make it painfully clear, and the proof of the pudding is in the eating. IIMA remains the number one Indian MBA school for CEOs and those aspiring to be CEOs.
A behavioral model will require awareness of how you will cope with things like peer pressure, and less academic pressure, which is a uniform thing, in order to choose between Ahmedabad, Bangalore, and Calcutta. This entails determining whether you will be able to be a confident leader in 6 months on that Campus. If you are capable of doing so, choose that Campus over others. Choose Bangalore if you know you need an I banking job. Stay in Calcutta if you know you've always been nerdier than others. Choose A if you know you can make it without reading through a lot of paper. If you are certain that you will be able to fly high, locational preferences abound for both mundane and interesting reasons.
You cannot determine which institution is better just by looking at data. Figures tend to mislead you. Rather than relying on just statistics, you need to choose what’s best for you. All the top IIMs are top-notch B Schools. But you need to make a choice based on your personal preference. I have mentioned the specifications of some famous B Schools.
IIM Bangalore: It focuses more on experience. Most of the students here are with 1-2 years of experience.
IIM Calcutta: It is rightly called the finance campus of India. If you are interested in Investment Banking, hedge funds, or venture capital firms then IIM Calcutta is the best choice.
IIM Ahmedabad: Most of the CAT toppers and CAT aspirants dream to get into IIM Ahmedabad.
XLRI Jamshedpur: It offers the best MBA HR in Asia.
NITIE & SJMSOM(IITB): Go for this if you are interested in operations.
FMS Delhi: If you want to have the best ROI from MBA then FMS Delhi is the best option.
Choose your college based on your aspirations and not on the basis of placement statistics.