| Indian Institute of Management Calcutta | |
|---|---|
| Established | 1961 |
| Type | Public Business School |
| Dean | Sougata Ray |
| Director | Shekhar Chaudhuri[1] |
| Academic staff | 92 |
| Students | 1714 |
| Postgraduates | 868 |
| Doctoral students | 65+ Fellows |
| Location | Kolkata, West Bengal, India |
| Campus | Urban, 135 acres (0.5 km2) |
| Website | www.iimcal.ac.in |
Indian Institute of Management Calcutta (IIM Calcutta or IIM-C) is a business school located in Kolkata (formerly Calcutta), West Bengal, India. It was the first Indian Institute of Management to be set up.[1]
Established in 1961,[1] IIM Calcutta is a fully autonomous institution and offers several Post Graduate Diploma and Fellowship programmes in Management, as well as a bouquet of Executive training programmes. In addition to its main academic programmes, IIM-C is also engaged in Research, Consultancy, seminars, academic conferences and research publications.[2][3][4]
Contents |
After India became independent in 1947, the Planning Commission was entrusted to oversee and direct the development of the nation. India grew rapidly in the 1950s, and in the late 1950s the Commission started facing difficulties in finding suitable managers for the large number of public sector enterprises that were being established in India as a part of its industrial policy. To solve this problem, the Planning Commission in 1959 invited Professor George Robbins of the University of California to help in setting up an All India Institute of Management Studies. Based on his recommendations, the Indian government decided to set up two elite management institutes, named Indian Institutes of Management.[5]
Indian Institute of Management Calcutta was the first of these IIMs, and was established on November 13, 1961[1] in collaboration with the MIT Sloan School of Management, the government of West Bengal, the Ford Foundation and the Indian industry. Its first Director was K T Chandy, the former Chairman of Hindustan Unilever Limited. During the initial years of IIM Calcutta, several renowned academics and visionaries formed part of its core team, including Paul Samuelson, Jagdish Sheth, J K Sengupta, Peter S King, and Thomas Hill.[6]
In its initial years, IIM Calcutta operated from Emerald Bower, Barrackpur Trunk Road, Kolkata. The foundation stone of the current IIM-C campus in Joka, Kolkata, was laid by Morarji Desai, who was then the then Deputy Prime Minister of India on Dec 15, 1968. The institute moved to the new campus in 1975.[7]
IIM Calcutta offers five main full-time academic programmes:-
In addition to the above, IIM-C offers other programmes like:-
IIM Calcutta's Post Graduate Programme (PGP) is equivalent to the MBA, and is actually composed of two distinct academic programmes: the PGDM and PGDCM.[14][15]
The Post Graduate Diploma in Management (PGDM) is a full-time, two-year residential academic programme that is designed to help students become excellent general managers and high-level business administrators with a broad strategic vision. This programme usually starts in June and runs till April of the second year since the start of the programme. PGDM at IIM Calcutta is a general, fully integrated management programme, and includes courses in diverse areas such as Accounting, Behavioural Sciences, Finance, Economics, Human Resource Management, Marketing, Operations, Public Policy, Strategy and General Management.[16]
The Post Graduate Diploma in Computer aided Management (PGDCM), which was started in 1994, is similar in overall structure to PGDM, with the difference that it has a special emphasis on Information Technology and its business applications.[6] It is aimed at creating business professionals who would know how to apply Information and Communication Technology (ICTs) in business management.
The Post Graduate Programme, including both PGDM and PGDCM, is structured into two parts: a core curriculum composed entired of compulsory credit and non-credit courses in the first year, and a set of elective courses offered in the second year chosen according to the wishes of students. The first year core curriculum is designed to help students in developing a solid base of business fundamentals through courses in all areas of management, while the second year curriculum is structured so that students can select courses of their choice from across diverse fields. In the second year, students can take up term papers under faculty supervision if they wish to delve deeply into specific topics of their interest.
The two years of the Post Graduate Programme are divided by a mandatory summer internship programme that typically lasts between eight to ten weeks in April–May of the year after commencement of the programme.
The Fellow Programme in Management (FPM) of IIM Calcutta is a full-time Doctoral level programme in management.[17] Started in 1971, this programme is aimed at preparing students for careers in teaching or research in different disciplines of management, as well as for careers outside academics that demand a high degree of research and analytical abilities. Students who complete this programme are awarded the title Fellow of the Indian Institute of Management Calcutta.
The FPM programme is different from PhD primarily due to the fact that it can be undertaken immediately after Under graduation, whereas a PhD programme requires a Masters degree. The FPM Programme typically consists of two phases: coursework - which lasts for two years (6 terms) during which the FPM students take courses along with students undergoing the Post Graduate Programme (PGP), and the dissertation.[18] Students who complete the coursework phase with the required academic records have to pass the Comprehensive Qualifying Examination (CQE) before moving on to the dissertation phase. The FPM programme provides the opportunity to pursue academic or corporate career with a focus on research.[19] This programme is officially recognized as equivalent to a PhD by the Government of India and by the Association of Indian Universities.
The FPM allows students to specialize in the following areas[20]:-
The PGPEX Programme is IIM Calcutta's Executive MBA programme.[8] Introduced in December 2006, it is a full-time, one-year intensive programme designed to develop experienced and ambitious executives for leadership positions in global organizations.[21] The programme emphasizes practical problem-solving and the development of cross-cultural skills, and is structured as an appropriate mix of classroom lectures, case studies, and individual & team projects & assignments aimed at improving communication, team-building and leadership skills.[8][21] Participants in the programme are required to undertake an international project and an associated study tour to one or two foreign countries for a period of around three weeks. The programme is delivered by IIM-C faculty as well as internationally renowned faculty from other institutions.
More than 5 years of managerial/professional experience post bachelor's degree is essential to apply in PGPEX. A valid GMAT score (taken within last 36 months of Application date) is also required. Selection of candidate in PGPEX is based on Professional Experience, Academic Record, GMAT Score and Personal Interviews. In addition to this, candidates are required to submit a statement of purpose, couple of essays and recommendations from two referees holding senior managerial positions.[8]
The Post Graduate Programme for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM) is an Executive management programme administered by IIM Calcutta along with two other premier Indian educational institutes: IIT Kanpur and IIT Madras.[22] The programme was designed by the three institutes in consultation with industry bodies like Confederation of Indian Industry (CII), Japan International Cooperation Agency (JICA), the National Manufacturing Competitiveness Council (NMCC) of the Government of India and India's Ministry of Human Resource Development. It is a one-year, rigorous programme with a heavy focus on the manufacturing sector, and is drawn on the lines of MIT's Leaders for Global Operations (LGO) (formerly called Leaders For Manufacturing (LFM)) programme, run jointly by MIT Sloan School of Management and MIT's School of Engineering.[23] 32 candidates with substantial professional experience are selected for this programme every year, and these students spend the one year attending courses in all the three institutes, and visit industries and undergo internships. Candidates, who come from diverse industries like Engineering, Power, Metal and Mining, Automotive & Auto-ancillaries, Shipping & Logistics, Aerospace, FMCG, Oil & Gas, Information Technology, Management Consulting and Railways, are often sponsored by their respective companies.[24][25] A joint Post Graduate Diploma in Management for Executives in Manufacturing (PGDM-VLM) by IIM Calcutta, IIT Kanpur and IIT Madras is awarded to candidates after the successful completion of the programme.
In 2007, a Memorandum of Understanding was signed by the governments of India and Japan, according to which the Japanese government would extend its support to the transfer of Japanese expertise and visits to manufacturing centres of excellence in Japan for the PGPEX-VLM programme.[22]
| Institute rankings | |
|---|---|
| Business – India | |
| Business Today[26] | 2 |
| Hindustan Times[27] | 3 |
| CNBC-TV18[28] | 3 |
IIMC was ranked second by the Business Today 50 best business schools of 2011[26] and third by the Hindustan Times India's top 50 business schools of 2011[27] and by the 2011 edition of CNBC-TV18's The A List of B-Schools.[28]
The main campus of IIM Calcutta, covering 135 acres (0.5 km2) of area, is located in Joka, on the outskirts of Kolkata, India. The institute moved to its present campus in 1975.[7]
IIM Calcutta's main Academic Block is situated next to the main administrative building and has four large lecture halls and several additional classrooms.[7] Another academic building named New Teaching Block was opened in 2000 to supplement the main block. All classrooms and lecture halls are air conditioned and have advanced audio-visual and multimedia capabilities. A new Academic Block has also been constructed and was declared open by the Prime Minister of India, Dr. Manmohan Singh in August 2011.
The Auditorium at IIM Calcutta, popularly called the Audi, is considered to be the best among any academic campus in India, and hosts most of the important functions in the campus like the convocation, conferences, student events and talks.[29] The facility seats 750 people and was built at a cost of over Rs. 90 million.[7] It is fully air-conditioned and is equipped with ultra-modern equipment including professional audio and visual systems.[29]
The IIM-C library is named Bidhan Chandra Roy Library or BC Roy Memorial Library, after Bidhan Chandra Roy, the second Chief Minister of the state of West Bengal and the first Chairman of the institute. The library is primarily envisioned to meet the requirements of the IIM-C's academic programmes. The largest management library in Asia, it was started with a grant from the Ford Foundation.[7] It houses over 160,000 volumes and also subscribes to hundreds of management journals and provides access to a large collection of electronic databases. The library processes and functions are fully computerized and in addition to print material, it provides access to more than 40,000 online full text journals.[30]
The Management Center for Human Values (MCHV) is aimed at "integrating the soft and subtle dimension of human values with the mainstream of skill-dominated management education".[7] Its mission is to integrate the soft and subtle dimension of human values with the mainstream of skill-dominated management education. The center is located in separate buildings in a serene part of the campus, surrounded by beautiful gardens. Its striking conical buildings are architecturally striking from the outside and are designed to be quite sanctums of learning and contemplation on the inside.
IIM-C has 4 main hostels for students pursuing its PGDM, PGDCM and Fellow programmes - Ramanujan Hostel (colloquially called Old Hostel), Tagore Hostel & Annexe (collectively called the White Hostel), New Hostel and Lake View Hostel. Students with families are provided separate family accommodation. There are separate hostels for PGPEX and PGPEX-VLM programmes. Students pursuing other courses are usually provided accommodation in the Tata Hall, the guest house in the campus.[7]
Established in November 2008, the Financial Research and Trading Lab at IIM Calcutta gives an opportunity to students and faculty members to test financial models with "live" information from the major markets of the world like India's National Stock Exchange, Multi Commodity Exchange, National Commodity and Derivatives Exchange, Bombay Stock Exchange and Bloomberg.[31] The lab is the only one of its kind in India, and has advanced industry-standard equipment and facilities including 51 trading terminals, trading simulators and Bloomberg Terminals.[32] The lab is aimed to help in academic programmes, research on financial markets, product design and testing, executive education and in organizing international and national conferences on finance.[33] The laboratory gives students a hands-on experience in financial market data analysis and modeling, and also helps in advanced applied research in financial markets.
The New Campus is composed of two large "houses" each accommodating 175 students in private rooms with attached balconies. A multi-level Student Commons with two levels of dining seating 200 covers on each floor and a large recreation area on the top floor serves the intellectual community. An Executive Centre with 200 suites and rooms, having training and syndicate rooms and well fitted executive dining and recreation areas is well under construction.
This new residential campus is connected to the existing campus via an innovative steel bridge which was awarded the most innovative steel structure in India in 2010 by the Indian Institute of Steel Research and Development, Ministry of Industries, GOI.
In the main campus a new Academic wing was opened in early 2011 that accommodates amphitheater lecture halls, computer laboratories, incubation areas, faculty offices, class rooms and syndicate rooms on five levels. A new Amphitheater Complex with five large amphitheaters of which two are for 200, 150 and 100 seats respectively shall enhance the teaching capacity of the Institute. These striking structures will enclose the Academic Quadrangle that will become the central focus of the new campus.
The new campus plan and the new buildings are designed by the internationally acclaimed architect Christopher Charles Benninger of Pune, India.
| IIM Calcutta Campus | |||||||||
|
|||||||||
There are several student-run clubs at IIM Calcutta.[34] Clubs usually have faculty members as guides and consultants, though they are actually managed by students.
The Centre for Entrepreneurship and Innovation (CEI) at IIM-C provides support for the creation of new business ventures by providing consulting services in evaluating opportunities, identifying resource requirements, helping in acquiring resources and managing new startups.[35] It is also involved in entrepreneurial research and case development, and organizes various events in the campus. The flagship event of CEI is the Annual International Entrepreneurship Summit.[36]
The Consulting Club provides its members with opportunities to get involved in real-life consulting projects that would provide them hands-on experience in the consulting domain.[37] The club leverages IIM-C's strong alumni network and traditional relationships with management consulting firms to arrange various networking events that help students interact with practitioners in the consulting industry to gain a better understanding of the industry. The Consulting Club organizes various competitions and events, and publishes an electronic magazine called The Joka Strategist. It also partners with peer groups in IIM Ahmedabad and IIM Bangalore for a magazine named AUDIRE.[38]
Usually referred to as the E-Cell, the Entrepreneurship Cell at IIM Calcutta aims to support and encourage entrepreneurship.[39] The E-Cell has strong ties to TiE and the National Entrepreneurship Network, a non-profit organization that aims to create and support high-growth entrepreneurs in India. The club organizes i2I (Ideas to Implementation), a renowned annual B-plan competition, Ascent, an annual entrepreneurship workshop, and various other events.[40]
Popularly called the Fin Club, Finance & Investments Club collaborates with corporates and academia from the financial sector to provide a platform for students to improve their quantitative and analytical skills.[41] Leveraging IIM Calcutta's traditional strength in finance, the club organizes seminars, industry talks, workshops and finance-based simulated games. In 2009, it helped in organizing an International Finance Conference, which is now planned to be held as an annual event.[42]
INCA or INitiative for Community Action is an initiative of the students of the Indian Institute of Management Calcutta focused on social work and community action.[43] Modeled on the Initiative on Social Enterprise (ISE) at Harvard Business School, INCA's activities are primarily in the form of free management consulting service to voluntary organizations, NGOs and others doing useful social work.[44]
OutTh!nk is a student club that focuses on puzzles and brain-teasers.[45] It organizes various competitions based on logical puzzles, strategy and game theory. The flagship event of OutTh!nk is Pixellated Chaos, a competition held as a part of Intaglio, that mixes the elements of game theory, collusion and treasure hunt.[46]
The Systems Consulting Club of IIM Calcutta provides a platform for prospective managers to gain experience with real-life issues and problems in technology-related areas.[47] The flagship event of the club is Enigmatics, an annual technology quiz that pits the top management students of India against each other, testing their knowledge about various fields of technology. In addition to Enigmatics and other smaller-scale events, the club organizes and supports major events in Intaglio, IIM Calcutta's annual international Business school meet. The club also publishes a magazine, CrossRoads, which reviews major technology-related news stories from around the world, and also publishes technology-oriented papers and essays by students and researchers.[47] The overall objective of the club is to facilitate the development of a good understanding about relevant business processes, coupled with deep practical knowledge about underlying technologies.
The following is a partial list of other clubs and Special Interest Groups on campus:-
IIM Calcutta has an extensive network of partner B-schools worldwide through which it conducts student exchange programmes. For the Post Graduate Programme, the student exchange programme (STEP) is usually held in the fifth term, between August–September and December. Every year during this period, more than a hundred MBA students from IIM Calcutta leave for foreign institutes, and an equivalent number from various B-schools arrive in IIM Calcutta to spend the term there. Other academic programmes of IIM-C also offer exchange programmes. The institutes with which IIM Calcutta has student exchange relationships include Asian Institute of Technology, Asian Institute of Management, Bocconi University, Cardiff University, Copenhagen Business School, City University of New York, IE Business School, ESCP Europe, ESSEC, European Business School, Fundação Getúlio Vargas, Jönköping International Business School, Katholieke Universiteit Leuven, Louvain School of Management, National University of Singapore, Norwegian School of Management, Queensland University of Technology, University of Melbourne, University of California, Los Angeles and University of Mannheim.[57]
Joka Times is the student-run online campus magazine-journal of IIM Calcutta.[58] It serves as a one-stop site for the latest events, news and updates on IIM Calcutta, and showcases the student-life at IIM-C. Joka Times also hosts a forum, through which students applying for courses at IIM Calcutta are guided by existing students at the institute.[59]
Intaglio is the annual international Business school summit hosted by Indian Institute of Management Calcutta. The flagship event of IIM-C, it was started in 1992 as the National Business School Meet (NBSM),[60][61] and is widely acknowledged to be the biggest B-school meet in India.[62] Intaglio, usually held over a 3-day weekend in January, serves as a platform facilitating the interaction of eminent personalities from the industry, academia, media and government, holding conferences, workshops and seminars by experts in different fields on a wide range of topics.[63][64][65][66] Intaglio also includes a large number of competitive and non-competitive events for B-school students, which attract participation from world-renowned institutions from around the world, like Asian Institute of Technology, Australian Graduate School of Management, CEIBS, ESCP Europe, Harvard Business School, other IIMs, London Business School, MIT Sloan, National University of Singapore, University of Toronto and the Wharton School.[66][67] As a mark of its superior quality of events and processes, Intaglio in 2007 became the first event of its kind in India to achieve the ISO 9001:2000 certification from the International Organization for Standardization.[68][69] In 2010, Intaglio got the distinction of being the first carbon-neutral B-school event in India.[70]
The major regular events at Intaglio include[71]:-
Carpe Diem is the annual cultural fest organized by the students of IIM Calcutta. It's usually held over a 3-day weekend in February, and attracts participation from colleges and schools across India. In 2009, it had over 10000 participants from 97 colleges.[72]
The major regular events at Carpe Diem are[73]:-
IIM Calcutta has a 15,000+ strong alumni network. Over the years, students graduating from IIM Calcutta have taken up strategic positions in organizations all around the world. The Alumni Cell manages interactions with the Alumni and keeps them involved in important events in the institute.
Every year the Alumni Cell conducts two major events:
The Indian government has raised questions about the kind and quantity of research coming out of IIM-C and other IIMs. This is probably because the IIMs were set up as educational institutions, and not research centers.
Because of the low salary level of IIM faculty (compared to international levels), attracting the best talent is considered a challenge. This has created a somewhat shortage of highest quality faculty.
|
|
|||||
