There is a Student Exchange Program at each IIM. How old a college is, makes the biggest difference. When compared to newer IIMs, older B schools will have more and better tie-ups with colleges. IIM Calcutta is no exception. As an old college, it has ties with many good schools all over the world.
In today's world, managers must be able to quickly adjust and adapt to a variety of situations, as well as be adaptable enough to work with teams spread across the globe. In such cases, familiarity with foreign cultures and etiquette becomes critical. IIM Calcutta aims to prepare all of its graduates to deal with an increasingly globalized world. Second-year students are given the opportunity to study abroad for a trimester as part of this endeavor. This teaches students how to work in multinational teams while also learning about the intricacies of multiple ethnicities.
The Student Exchange Program (STEP) provides our students with a once-in-a-lifetime opportunity to practice their skills in a global setting. Additionally, this aids them in learning important information about their peer group at the partner institute. Along with fostering relationships that last a lifetime, this exchange gives students the opportunity to hone the practical abilities needed to function effectively in groups of people from a wide range of backgrounds. Thus, teachers try to instill in their students the traits that managers of today highly value, such as being more tolerant and open-minded.
STEP takes up the fifth trimester of a total of six trimesters that an IIMC student must attend. Students can attend courses of their choice at the partner institute and receive the necessary academic credits at IIM Calcutta for their efforts. STEP allows a student to be exposed to various perspectives on management practice today, as well as see them applied in a variety of situations.