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How is the life at IIM Calcutta?
Life at IIM Calcutta is Tough, full of Challenges, but also comes with Great Rewards. IIM Calcutta provides a place where Students can concentrate on Learning and Growing together.
At IIM Calcutta, students have Hectic and Busy Schedules where they sometimes need to Work all night to complete Projects and Assignments. However, they also have a lot of fun, from Parties to Late-night Football and Cricket Tournaments under the Floodlights.
Overall, it's a Valuable experience that helps Students get ready for the Tough Parts of Working in the Business World.
What are the differences between IIM Ahmedabad, IIM Calcutta and IIM Bangalore?
Among IIM ABC, IIM Ahmedabad is most preferred by MBA aspirants. The long-standing legacy is the reason why most people view IIM A as a superior option. However, all three of these IIMs are almost on the same level in terms of academics and placements. IIM Ahmedabad is most preferred for Marketing. While IIM Bangalore is well-known for offering good Consulting job roles. For Finance specialization, IIM Calcutta is the first choice for students.
The faculties and infrastructure are great at all three of these institutes. People who have the choice between these three IIMs, usually choose based on the specialization they are interested in.
Why did you choose IIM Calcutta over IIM Ahmedabad ?
Students interested in Finance specialization choose IIM Calcutta over IIM Ahmedabad. IIMC is known as the finance campus of India. During IIM Calcutta placements 2021, around 17% of the placement offers were from the Finance domain. It offers more front-end core finance job profiles.
IIM Calcutta is among the only 108 business schools in the world to have triple accreditation (AACSB, AMBA, and EQUIS). Other reasons for preferring IIM C over IIM A can be ascribed to personal inclination and location.
What are the best courses to take in IIM Calcutta?
My brother is in IIM Calcutta and over the period of 2 years he has studied many valuable courses. But 3 of them top the list of his favorites.
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Statistics for Management: Taught by Prof. Rahul Mukerjee, this course is a mandatory Term-I course. More than the subject itself it’s the professor that makes it an amazing experience. He is the recipient of many national awards and has taught all over the world at reputed universities like Harvard.
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Options, Futures and Derivatives: IIM Calcutta is without a doubt the finance campus of India. The finance faculty is the best you can get and this course does justice to finance completely. It’s quite a tough subject based on derivatives and technical finance. But for a true finance lover, it’s the best. It is taught by Prof. Binay Bhushan Chakrabarti (BBC) who was the Gold Medalist of the Batch of 1980 from IIM Calcutta.
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Management of Self: Another eye-catching course at IIM Calcutta is Management of Self taught by Prof. Leena Chatterjee. She is a motherly figure in college. This is the only course here that teaches you about nothing but your own self. It’s a sort of personality grooming course that requires you to take a few personality tests and write an autobiography. This course helps you get more familiar with yourself and overcome internal struggles. It’s a Term-V elective course.
Although all courses offered at IIM Calcutta have their own benefits, these 3 are among the best maybe because of the respective professors.
What if I convert IIMs but don't have enough money to pay the fees?
Trust me if you get into any IIM, banks will be after you to get loans from them. Banks consider an IIM student a good investment and therefore offer educational loans at a very low interest rate.
My uncle’s son had cleared CAT and got into IIM Calcutta. He got a loan from a bank at an extremely low interest rate. He had to deposit a demand draft of INR 3,23,050 at the time of the MBA registration process (second week of June). The rate of interest is 8.4%. After MBA, you will be in the 30% tax slab. The interest paid on an education loan is tax-deductible. So, your effective rate of interest is 8.4(1–0.3)=5.88%. This is the cheapest loan one can get in India. So it’s recommended that you take a loan even if you have money.
Banks like SBI, CBI, BOI, and PNB will give you loans as high as 30 lakhs without any collateral.
Apart from loans, IIM Calcutta also offers a lot of financial assistance to financially weak students. Need-based-scholarships are offered. IIM Calcutta provides Financial Assistance to students whose family income is less than 8 Lakhs.
Rather than worrying about money focus more on your goals and academics.
How is IIM Ahmedabad different than IIM B, C, K, and I?
IIM Ahmedabad is indeed different from IIM B, C, K, and I in many aspects. Some of these aspects are it’s:
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Discipline: when it comes to discipline, IIMA tops the list. The first year is a real-life challenge for students with hundreds of cases to study, group assignments and projects.
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Case pedagogy: This is the highlight of the IIM Ahmedabad curriculum. IIMAs curriculum aligns with that of Harvard Business School. So it focuses more on problem-solving classes.
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Architecture: IIMs pride lies in its heritage architecture. The red bricks surrounding the semicircular arches enhance the campus’ appearance tenfold.
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Crowd: Without any doubt, the cream of students get into IIMA. This is because it has the highest cutoff.
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Faculty: IIMA has top-notch faculty while some of them are IIM Ahmedabad alumni themselves.
IIM Ahmedabad is different from other IIMs in all these aspects. But what really sets it apart is its director Ravi Matthai and his systems cultivating accountability and autonomy.
What is the worst thing about IIM Calcutta?
One lesser-known fact about IIM Calcutta is the unhygienic conditions caused by the dirty lakes surrounding it. Mostly this truth is underestimated. But the reality is the pictures of the lakes at IIM Calcutta are misleading. They are nothing near surreal or beautiful. If anything they are the brooding ground of mosquitoes. Snakes and other poisonous creatures are also present here. Anyone who comes in contact with its water is bound to get skin infection or other ailments.
These lakes have been used as a marketing element for IIM Calcutta and it’s shocking that people believe such lies.
What are the placement stats for IIM Calcutta this year?
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 |
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Number of offers |
640 |
|
Highest CTC(Domestic) |
INR 42.5 LPA |
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Average CTC |
INR 34.2 LPA |
|
Median CTC |
INR 31 LPA |
|
Major Sectors |
Consulting |
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Top Recruiters |
Amazon, Flipkart, Microsoft |
My academics are 65% 75%. Is there any chance to get a call from IIM Calcutta or Bangalore?
If you have a 99 percentile or higher, you have a good chance of getting a call from IIM Calcutta. Many students with less than 60% are enrolled in IIM C.
IIM Bangalore is unlikely because they place a high value on the profile.
The only thing you can do right now is to perform effectively on the CAT and improve your profile. Attempt to improve your CAT score. Do a variety of certifications to raise your profile. Never waste your valuable time worrying about your academic performance. What has been done is done, you cannot change it.
Which is better, the Xavier School of Management (XLRI), or the Indian Institute of Management Calcutta (IIMC)?
For HR career aspirants, XLRI is unquestionably the best in Asia; for non-HR candidates, IIMC is by far the better option.
The Benefits of IIMC Over XLRI:
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In comparison to XL, the IIM tag is more well-known outside of India.
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A larger batch means a greater number of successful alumni worldwide.
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It increases the number of marquee recruiters in finance, consulting, marketing, systems, and operations. The alum network is extremely strong in finance and consulting, including leading HR consulting firms.
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After living in Jamshedpur for two years, one can appreciate it even more because it is located in one of the metros.
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XLRI loses companies despite being a good BSchool because many marquee recruiters do not want to visit Jamshedpur, which is not well-connected.
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In comparison to some B-schools, XLRI has a lower percentage of IIT/BITS students in its batch.
The Benefits of XLRI Over IIMC
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A smaller batch size promotes better bonding among batchmates.
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Gender diversity is astounding.
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Because the majority of HR heads in respected companies attended XLRI, their placement can reach almost any company.
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Because of the small batch size, even the worst performers (purely from a placement standpoint, not academically) get decent jobs, which is not possible at any of the top IIMs with larger batch sizes.
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One of the world's largest private equity funds recruits one summer intern exclusively from XLRI every year in India, which could be a very important criterion if one has that kind of profile.
IIM Calcutta and XLRI share more cultural similarities than IIM C and IIM A or B.
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