IIM Calcutta doesn't place much emphasis on past academics. Does this work in favour or against students during placements?

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.