All three are fantastic brands, but that's it. After the first two terms, there isn't much to learn at any of these colleges. If you come from a CA/Commerce background, you won't need to learn much about these two terms. Case study-based instruction is overrated and out of date.
Because the cultures on the campuses differ slightly, it is best to consider where you will fit in the best.
While the set of recruiters is very similar, your ability to get shortlisted is heavily dependent on your relative profile, i.e., your performance in comparison to other students in your batch. It is more important to consider how good your profile is in comparison to the recruiters who come to the college.
IIMB has a much higher average work experience, and IIMC will have more people with extremely high CAT scores but a slightly lower academic performance history. For example, if you don't have stellar academics and aren't from one of the top undergraduate institutions, IIMC is a better option for placement. If you want to work in finance but don't have much experience, IIMA is probably not the best option for you.
A and B have much more professional placement cells, but C has made changes in recent years to move in this direction as well. However, having a professional placement cell does not guarantee a completely fair process, because, in many companies, PPO holders play a significant role in Summer placement shortlists. However, when compared to other colleges, the situation in these three is far superior.
IIM A is a slightly better brand than IIM B and IIM C, but the difference is not significant. You should talk to people at all of these colleges about placement. While much placement-related data is kept confidential, students can still give you an idea of your chances in the field of your choice.
Rather than following the age-old ABC pattern, make an informed decision.
Yes, the CFA degree will very likely fetch you a decent package at IIM Ahmedabad or Calcutta. This is because companies prefer their interns and analysts to be well versed in subjects from finance and economics. CFA charter is an easy way to ensure that eligibility requirement.
Some organisations conduct prior interactions with the would-be interns before the actual interview. Here, junior executives interact with the future interns and offer pre placement offers.
So this degree will help you get the interview call but the rest depends on your performance in the interview. CFA degree is definitely a game-changer.
Placements at IIM Calcutta are modified versions of the Stanford Prison Experiment that involve less physical abuse but ruthless psychological torture. And it is past time that CAT aspirants and the general public were made aware of this. It is also an attempt to raise awareness among the Institute's Board of Governors, faculty, and other stakeholders. It also reflects utter dissatisfaction with IIM-C Alumni who graduated in recent years and failed to take any action or stand up for what is right, despite knowing what goes on here.
Yes, the Placement Committee members were recently subjected to a Non-Confidence Motion because a majority of final-year MBAs finally took a stand against the oppressive regime. If you fail to attend company PPTs or a Wing mate fails to attend due to illness, your entire wing will be barred from at least three companies. Unless you're a friend or a beloved, of course. Nobody holds PlaceCom accountable.
Some good MBA colleges in Kolkata apart from IIM Calcutta are:
IISWBM: It is the oldest B school of India. It is amongst the top management colleges in Kolkata. It provides 100% career opportunities. It is ranked amongst 100 of Asia’s Best and fastest growing education institutes in the Business School category. It does not just offer MBA courses but prepares the students for the future.
BIBS
MDI Murshidabad
These colleges are good for core finance profiles like derivative analyst,Market research,Asset management,Business analyst, etc. Don’t go for any other MBA schools. They will just foist a hardcore financial ‘unsought’ product sales profile. But before anything choose your field of interest from HR,Sales,core finance,Financial sales. Only then will you be able to choose the best college.
Multinational banks, private equity firms, and investment banks used to pay a visit to IIMs to directly recruit candidates for the US. It no longer happens. These MNCs have been extremely cautious since the 2008 crisis and the 9/11 incident. They rarely hire IIM graduates for these positions unless they are exceptionally talented or have a particularly unique skill set.
However, these companies do regularly recruit for roles in India and pay very well. The figures aren't huge, but they're adequate. IIMC is known as the "Mecca" of finance for good reason. It is the best place to be if you want to work in finance.
If you perform exceptionally well, you have a good chance of being transferred abroad after a few years of significant experience. At the moment, the only international placements available are to Dubai, Singapore, Malaysia, and, at most, Europe (though this is relatively uncommon). Your chances of going abroad increase as your performance in the company and the impact you make in your role improve. So hone your skills and concentrate on working hard in your company. You will be given the chance you deserve.
Rightly called the finance campus of India, IIM Calcutta is visited by many top finance companies for recruitment. Some such companies are:
Citibank
Goldman Sachs
Bank of America Merrill Lynch
Gaja Capital
Barclays
Arga Investment
Avendus
These contribute to the second highest number of recruitments after the consulting sector.
At IIM Calcutta, the most salaried roles are that of consulting and finance. Over the last few years, new roles such in E-commerce/Ops/Prod Man (e.g. Amazon/Flipkart) have started taking active roles in recruitment.
The table below shows the exact figures of stream-wise placements at IIM Calcutta 2022
Stream |
Percentage of students placed |
Consulting |
49% |
Product Management and Operations |
19% |
Investment Banking and Marquee Asset Management |
18% |
General Management and Marketing |
14% |
The table clearly denotes that the maximum number of students were placed in Consulting. The highest salary amounted to INR 42.5 LPA.
IIM Calcutta does not release exact figures regarding its placement and more so for its Executive programs.
According to the in-depth study of last placement reports, the profile of PGPX students at IIM Calcutta should be:
Average work experience of around 8 years
Work experience from IT sector
Should have already been earning 30-40 LPA
This information is just based on assumptions and exceptions can take place.
The table below will give you a clear understanding of the placement stats for IIM Calcutta this year
IIM Calcutta Placement Report 2022
Particulars |
Placement Stats (2020-22) |
Total Number of Students |
479 |
Number of Recruiters |
192 |
Number of offers |
640 |
Highest CTC(Domestic) |
INR 42.5 LPA |
Average CTC |
INR 34.2 LPA |
Median CTC |
INR 31 LPA |
Major Sectors |
Consulting |
Top Recruiters |
Amazon, Flipkart, Microsoft |
Every institute has its own shortcomings. If you choose IIM A/B/L or XLRI or FMS over IIM Calcutta, do you think you will not face any problems there? It’s just that their flaws haven’t been exposed yet. The fact that someone had the courage to come up and challenge IIM Calcutta is enough to prove its worth. The revelations were made by an IIM Calcutta student itself. This also proves the confidence level and leadership skills of these students are remarkable.
Besides, IIM Calcutta is among the best for a reason. Some casual claims cannot rain its reputation.