Indian Institute of Management Calcutta
Encyclopedia
The Indian Institute of Management Calcutta (also known as IIM Calcutta or IIM-C) is an institute of management located in Kolkata (Calcutta)
, India
giving diplomas in management. It was the first Indian Institute of Management to be set up.
Established in 1961, IIM Calcutta is a fully autonomous institution and offers several Post Graduate and Doctoral programmes, as well as a bouquet of Executive training
programmes. IIM Calcutta awards only diplomas, and not degrees. In addition to its main academic programmes, IIM-C is also engaged in Research, Consultancy, seminars, academic conferences and research publications. IIM-C is especially renowned for its finance-related courses, and is widely considered to be the third best B-school in India by different Indian magazines.
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.
Indian Institute of Management Calcutta was the first of these IIMs, and was established on November 13, 1961 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 Lever. 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.
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.
In addition to the above, IIM-C offers other programmes like:-
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.
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. 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 paper
s 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.
level programme in management. 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. 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:-
The programme structure typically consists of two phases: coursework - which lasts for two years (6 terms) during which the FPM students take courses along students undergoing the Post Graduate Programme (PGP), and the dissertation. 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.
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.
programme administered by IIM Calcutta along with two other premier Indian educational institutes: IIT Kanpur and IIT Madras. 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. 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. 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.
, India. The institute moved to its present campus in 1975.
, Dr. Manmohan Singh in August 2011.
, 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
. 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.
, Multi Commodity Exchange
, National Commodity and Derivatives Exchange, Bombay Stock Exchange
and Bloomberg
. 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 Terminal
s. 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. 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.
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.
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.
, INCA's activities are primarily in the form of free management consulting service to voluntary organizations, NGOs
and others doing useful social work.
, 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
.
, 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
. 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
. In 2010, Intaglio got the distinction of being the first carbon-neutral B-school event in India.
The major regular events at Intaglio include:-
The major regular events at Carpe Diem are:-
Every year the Alumni Cell conducts two major events:
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.
Kolkata
Kolkata , formerly known as Calcutta, is the capital of the Indian state of West Bengal. Located on the east bank of the Hooghly River, it was the commercial capital of East India...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
giving diplomas in management. It was the first Indian Institute of Management to be set up.
Established in 1961, IIM Calcutta is a fully autonomous institution and offers several Post Graduate and Doctoral programmes, as well as a bouquet of Executive training
Executive Education
Executive Education refers to academic programs at leading graduate-level business schools worldwide for executives, business leaders and functional managers. These programs are non-credit and non-degree granting...
programmes. IIM Calcutta awards only diplomas, and not degrees. In addition to its main academic programmes, IIM-C is also engaged in Research, Consultancy, seminars, academic conferences and research publications. IIM-C is especially renowned for its finance-related courses, and is widely considered to be the third best B-school in India by different Indian magazines.
History
After India became independentHistory of the Republic of India
The history of the Republic of India began on 26 January 1950. The country became an independent dominion within the British Commonwealth 15 August 1947. George VI was King until the Republic was proclaimed in 1950. Concurrently the Muslim-majority northwest and east of British India was separated...
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
University of California, Los Angeles
The University of California, Los Angeles is a public research university located in the Westwood neighborhood of Los Angeles, California, USA. It was founded in 1919 as the "Southern Branch" of the University of California and is the second oldest of the ten campuses...
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.
Indian Institute of Management Calcutta was the first of these IIMs, and was established on November 13, 1961 in collaboration with the MIT Sloan School of Management
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
, the government of West Bengal
West Bengal
West Bengal is a state in the eastern region of India and is the nation's fourth-most populous. It is also the seventh-most populous sub-national entity in the world, with over 91 million inhabitants. A major agricultural producer, West Bengal is the sixth-largest contributor to India's GDP...
, the Ford Foundation
Ford Foundation
The Ford Foundation is a private foundation incorporated in Michigan and based in New York City created to fund programs that were chartered in 1936 by Edsel Ford and Henry Ford....
and the Indian industry. Its first Director was K T Chandy, the former Chairman of Hindustan Lever. During the initial years of IIM Calcutta, several renowned academics and visionaries formed part of its core team, including Paul Samuelson
Paul Samuelson
Paul Anthony Samuelson was an American economist, and the first American to win the Nobel Memorial Prize in Economic Sciences. The Swedish Royal Academies stated, when awarding the prize, that he "has done more than any other contemporary economist to raise the level of scientific analysis in...
, Jagdish Sheth
Jagdish Sheth
Jagdish N. Sheth is the Charles H. Kellstadt Professor of Marketing at the Goizueta Business School of Emory University. He is an internationally recognized business consultant whose client list includes AT&T, BellSouth, Ford, GE, Motorola, Square D, Whirlpool and Sprint...
, J K Sengupta, Peter S King, and Thomas Hill.
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
Morarji Desai
Morarji Ranchhodji Desai was an Indian independence activist and the fourth Prime Minister of India from 1977–79. He was the first Indian Prime Minister who did not belong to the Indian National Congress...
, who was then the then Deputy Prime Minister of India on Dec 15, 1968. The institute moved to the new campus in 1975.
Academic Programmes
IIM Calcutta offers five main full-time academic programmes:-- Post Graduate Diploma in Management (PGDM) - Two-year, full-time MBA programme
- Post Graduate Diploma in Computer aided Management (PGDCM) - Two-year, full-time MBA programme
- Fellow Programme in Management (FPM) - DoctoralDoctorateA doctorate is an academic degree or professional degree that in most countries refers to a class of degrees which qualify the holder to teach in a specific field, A doctorate is an academic degree or professional degree that in most countries refers to a class of degrees which qualify the holder...
programme - Post Graduate Programme for Executives (PGPEX) - One-year, full-time Executive MBA programme
- Post Graduate Programme for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM) - One-year, full-time Executive MBA programme
In addition to the above, IIM-C offers other programmes like:-
- Executive EducationExecutive EducationExecutive Education refers to academic programs at leading graduate-level business schools worldwide for executives, business leaders and functional managers. These programs are non-credit and non-degree granting...
: Management Development Programmes (MDP) and Custom Corporate ProgrammesThe most excellent executive program offered by IIM-C is EPIB (Executive Program in International Business). - Management Programmes for Armed Forces Officers (AFP)
- Distance EducationDistance educationDistance education or distance learning is a field of education that focuses on teaching methods and technology with the aim of delivering teaching, often on an individual basis, to students who are not physically present in a traditional educational setting such as a classroom...
programmes via technology/platform partners such as HughesNet Global Education and NIIT ImperiaNIIT IMPERIANIIT Imperia Centre for Advanced Learning was created to provide management education from premier academic Institutes of India .India- History :... - Research and Consultancy programmes
Post Graduate Programme (MBA): PGDM & PGDCM
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.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
Behavioural sciences
The term behavioural sciences encompasses all the disciplines that explore the activities of and interactions among organisms in the natural world. It involves the systematic analysis and investigation of human and animal behaviour through controlled and naturalistic observation, and disciplined...
, Finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
, Human Resource Management
Human resource management
Human Resource Management is the management of an organization's employees. While human resource management is sometimes referred to as a "soft" management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of...
, Marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
, Operations
Business operations
Business operations are those ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders...
, Public Policy
Public policy
Public policy as government action is generally the principled guide to action taken by the administrative or executive branches of the state with regard to a class of issues in a manner consistent with law and institutional customs. In general, the foundation is the pertinent national and...
, Strategy
Strategy
Strategy, a word of military origin, refers to a plan of action designed to achieve a particular goal. In military usage strategy is distinct from tactics, which are concerned with the conduct of an engagement, while strategy is concerned with how different engagements are linked...
and General Management.
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
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
and its business applications. It is aimed at creating business professionals who would know how to apply Information and Communication Technology
Information and communication technologies
Information and communications technology or information and communication technology, usually abbreviated as ICT, is often used as an extended synonym for information technology , but is usually a more general term that stresses the role of unified communications and the integration of...
(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 paper
Term paper
A term paper is a research paper written by students over an academic term, accounting for a large part of a grade. Term papers are generally intended to describe an event, a concept, or argue a point. A term paper is a written original work discussing a topic in detail, usually several typed pages...
s 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
Intern
Internship is a system of onthejob training for white-collar jobs, similar to an apprenticeship. Interns are usually college or university students, but they can also be high school students or post graduate adults seeking skills for a new career. They may also be as young as middle school or in...
programme that typically lasts between eight to ten weeks in April–May of the year after commencement of the programme.
Fellow Programme in Management (FPM)
The Fellow Programme in Management (FPM) of IIM Calcutta is a full-time DoctoralDoctorate
A doctorate is an academic degree or professional degree that in most countries refers to a class of degrees which qualify the holder to teach in a specific field, A doctorate is an academic degree or professional degree that in most countries refers to a class of degrees which qualify the holder...
level programme in management. 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. This programme is officially recognized as equivalent to a PhD
Doctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...
by the Government of India and by the Association of Indian Universities
Association of Indian Universities
Association of Indian Universities is an organisation based in Delhi India to evaluate the courses, syllabi, standard and credits of foreign Universities and to equate them in relation to various courses offered by Indian Universities....
.
The FPM allows students to specialize in the following areas:-
- Behavioural Sciences
- Economics
- Finance & Control
- Management Information Systems (MIS)
- Marketing
- Human Resource Management
- Operations Management
- Operations Research and Systems Analysis (ORSA)
- Public Policy and Management
- Regional Development
- Sociology
- Strategic Management
The programme structure typically consists of two phases: coursework - which lasts for two years (6 terms) during which the FPM students take courses along students undergoing the Post Graduate Programme (PGP), and the dissertation. 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.
Post Graduate Programme for Executives (PGPEX)
The PGPEX Programme is IIM Calcutta's Executive MBA programme. 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. 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. 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.
Post Graduate Programme for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM)
The Post Graduate Programme for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM) is an Executive managementExecutive Education
Executive Education refers to academic programs at leading graduate-level business schools worldwide for executives, business leaders and functional managers. These programs are non-credit and non-degree granting...
programme administered by IIM Calcutta along with two other premier Indian educational institutes: IIT Kanpur and IIT Madras. The programme was designed by the three institutes in consultation with industry bodies like Confederation of Indian Industry (CII)
Confederation of Indian Industry
The Confederation of Indian Industry is a non-government, not-for-profit, industry-led and industry-managed organisation, seeking to play a proactive role in India’s development process. The organisation works to create and sustain an environment conducive to the growth of industry in India,...
, Japan International Cooperation Agency (JICA)
Japan International Cooperation Agency
The Japan International Cooperation Agency is an independent governmental agency that coordinates official development assistance for the government of Japan...
, the National Manufacturing Competitiveness Council (NMCC) of the Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...
and India's Ministry of Human Resource Development
Ministry of Human Resource Development (India)
The Ministry of Human Resource Development is an Indian government ministry, responsible for the development of human resources...
. It is a one-year, rigorous programme with a heavy focus on the manufacturing sector
Manufacturing
Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
, and is drawn on the lines of MIT's
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
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. 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
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...
, Power
Electrical power industry
The electric power industry provides the production and delivery of electric energy, often known as power, or electricity, in sufficient quantities to areas that need electricity through a grid connection. The grid distributes electrical energy to customers...
, Metal
Metalworking
Metalworking is the process of working with metals to create individual parts, assemblies, or large scale structures. The term covers a wide range of work from large ships and bridges to precise engine parts and delicate jewelry. It therefore includes a correspondingly wide range of skills,...
and Mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
, Automotive & Auto-ancillaries
Automotive industry
The automotive industry designs, develops, manufactures, markets, and sells motor vehicles, and is one of the world's most important economic sectors by revenue....
, Shipping
Shipping
Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...
& Logistics
Logistics
Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
, Aerospace
Aerospace
Aerospace comprises the atmosphere of Earth and surrounding space. Typically the term is used to refer to the industry that researches, designs, manufactures, operates, and maintains vehicles moving through air and space...
, FMCG
Fast Moving Consumer Goods
Fast moving consumer goods or Consumer Packaged Goods are products that are sold quickly and at relatively low cost. Examples include non-durable goods such as soft drinks, toiletries, and grocery items...
, Oil & Gas
Petroleum industry
The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...
, Information Technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
, Management Consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....
and Railways, are often sponsored by their respective companies. 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
Memorandum of understanding
A memorandum of understanding is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in...
was signed by the governments of India and Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
, according to which the Japanese government
Government of Japan
The government of Japan is a constitutional monarchy where the power of the Emperor is very limited. As a ceremonial figurehead, he is defined by the 1947 constitution as "the symbol of the state and of the unity of the people". Power is held chiefly by the Prime Minister of Japan and other elected...
would extend its support to the transfer of Japanese expertise and visits to manufacturing centres of excellence in Japan for the PGPEX-VLM programme.
Campus
The main campus of IIM Calcutta, covering 135 acre (0.5463261 km²) of area, is located in Joka, on the outskirts of KolkataKolkata
Kolkata , formerly known as Calcutta, is the capital of the Indian state of West Bengal. Located on the east bank of the Hooghly River, it was the commercial capital of East India...
, India. The institute moved to its present campus in 1975.
Teaching Blocks
IIM Calcutta's main Academic Block is situated next to the main administrative building and has four large lecture halls and several additional classrooms. 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 IndiaPrime Minister of India
The Prime Minister of India , as addressed to in the Constitution of India — Prime Minister for the Union, is the chief of government, head of the Council of Ministers and the leader of the majority party in parliament...
, Dr. Manmohan Singh in August 2011.
Auditorium
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. The facility seats 750 people and was built at a cost of over Rs. 90 million. It is fully air-conditioned and is equipped with ultra-modern equipment including professional audio and visual systems.Library
The IIM-C library is named Bidhan Chandra Roy Library or BC Roy Memorial Library, after Bidhan Chandra RoyBidhan Chandra Roy
Bidhan Chandra Roy, M.R.C.P., F.R.C.S. was the second Chief Minister of West Bengal in India. He remained in his post for 14 years as a Indian National Congress candidate, from 1948 until his death in 1962. He was a highly respected physician and a renowned freedom fighter...
, the second Chief Minister
Chief Minister
A Chief Minister is the elected head of government of a sub-national state, provinces of Sri Lanka, Pakistan, notably a state of India, a territory of Australia or a British Overseas Territory that has attained self-government...
of the state of West Bengal
West Bengal
West Bengal is a state in the eastern region of India and is the nation's fourth-most populous. It is also the seventh-most populous sub-national entity in the world, with over 91 million inhabitants. A major agricultural producer, West Bengal is the sixth-largest contributor to India's GDP...
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
Ford Foundation
The Ford Foundation is a private foundation incorporated in Michigan and based in New York City created to fund programs that were chartered in 1936 by Edsel Ford and Henry Ford....
. 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.
Management Center for Human Values
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". 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.Hostels & Accommodation
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) and New Hostel and most recently opened, 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.Financial Research and Trading Lab
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 ExchangeNational Stock Exchange
The National Stock Exchange is an electronic stock exchange located in Chicago, Illinois. It was founded March 1885 in Cincinnati, Ohio, as the Cincinnati Stock Exchange. In 1976, it closed its physical trading floor and became an all-electronic stock market...
, Multi Commodity Exchange
Multi Commodity Exchange
Multi Commodity Exchange is an independent commodity exchange based in India. It was established in 2003 and is based in Mumbai. The turnover of the exchange for the fiscal year 2009 was US$ 1.24 trillion, and in terms of contracts traded, it was in 2009 the world's sixth largest commodity exchange...
, National Commodity and Derivatives Exchange, Bombay Stock Exchange
Bombay Stock Exchange
The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...
and Bloomberg
Bloomberg L.P.
Bloomberg L.P. is an American privately held financial software, media, and data company. Bloomberg makes up one third of the $16 billion global financial data market with estimated revenue of $6.9 billion. Bloomberg L.P...
. 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 Terminal
Bloomberg Terminal
The Bloomberg Terminal is a computer system provided by Bloomberg L.P. that enables financial professionals to access the Bloomberg Professional service through which users can monitor and analyze real-time financial market data movements and place trades on the electronic trading platform...
s. 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. 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.
New Campus
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
Christopher Charles Benninger
Christopher Charles Benninger is an American-Indian architect and planner born in the United States in 1942. He studied urban planning at the Massachusetts Institute of Technology and architecture at Harvard's Graduate School of Design, where he later taught .Benninger studied under Josep Lluis...
of Pune
Pune
Pune , is the eighth largest metropolis in India, the second largest in the state of Maharashtra after Mumbai, and the largest city in the Western Ghats. Once the centre of power of the Maratha Empire, it is situated 560 metres above sea level on the Deccan plateau at the confluence of the Mula ...
, India.
Societies & Clubs
There are several student-run clubs at IIM Calcutta. Clubs usually have faculty members as guides and consultants, though they are actually managed by students.Centre of Entrepreneurship and Innovation
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. 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.Consulting Club
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. 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.Entrepreneurship Cell
Usually referred to as the E-Cell, the Entrepreneurship Cell at IIM Calcutta aims to support and encourage entrepreneurship. The E-Cell has strong ties to TiETiE
TiE is a global nonprofit dedicated to fostering entrepreneurship. TiE has 54 chapters in 13 countries, with a total membership exceeding 13,000. TiE is most closely affiliated with the South Asian business community, and is recognized as an important networking forum for entrepreneurs and investors...
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
Business plan
A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals....
competition, Ascent, an annual entrepreneurship workshop, and various other events.
Finance & Investments Club
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. 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.Initiative for Community Action (INCA)
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. Modeled on the Initiative on Social Enterprise (ISE) at Harvard Business SchoolHarvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, INCA's activities are primarily in the form of free management consulting service to voluntary organizations, NGOs
Non-governmental organization
A non-governmental organization is a legally constituted organization created by natural or legal persons that operates independently from any government. The term originated from the United Nations , and is normally used to refer to organizations that do not form part of the government and are...
and others doing useful social work.
OutTh!nk
OutTh!nk is a student club that focuses on puzzles and brain-teasers. 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.Systems Consulting Club
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. 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. 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.Other major student clubs at IIM Calcutta
The following is a partial list of other clubs and Special Interest Groups on campus:-- Adventure Club: Organizes various activities like treks, hikes and camping trips for students.
- Cinema Paradiso: A club for movie enthusiasts.
- Choreo Club: The dance club of IIM Calcutta.
- Colloquia: Organizes talks, seminars and workshops by eminent personalities on various topics in the campus.
- DramCell: A club dedicated to Dramatics, organizes plays and dramas.
- IcQc: The Quiz Club at IIM-C.
- JBS BaroC: The music club of IIM Calcutta, and also the official band of the institute.
- Lakeside Lens Lovers (LLL): The Photography club of IIM Calcutta.
- MarCell (Marketing Cell): Organizes various events and competitions related to Marketing.
- Persona: The literary club of IIM Calcutta. It publishes two magazines: Inquest and IMZine, and conducts various literary events and competitions in the campus.
- Team Census: This club focuses on events related to Market researchMarket researchMarket research is any organized effort to gather information about markets or customers. It is a very important component of business strategy...
.
Student Exchange Programmes
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 ManagementAsian Institute of Management
The Asian Institute of Management, or simply AIM, is a graduate school of business and a center of business and management research. It is one of the few business schools in Asia to be internationally accredited with the AACSB. It was established in partnership with Harvard Business School and uses...
, Bocconi University
Bocconi University
Bocconi University is a private university located in central Milan, beside Parco Ravizza. Bocconi provides undergraduate, graduate and post-graduate education, in addition to a range of double degree programs, in the fields of economics, management, finance and law. According to many university...
, Cardiff University
Cardiff University
Cardiff University is a leading research university located in the Cathays Park area of Cardiff, Wales, United Kingdom. It received its Royal charter in 1883 and is a member of the Russell Group of Universities. The university is consistently recognised as providing high quality research-based...
, Copenhagen Business School
Copenhagen Business School
Copenhagen Business School, also known as CBS, is situated in Copenhagen, Denmark. With more than 17,000 students and 1,300 staff members, CBS is also one of the largest business schools in Europe. CBS offers a wide range of business-oriented university programmes and a research environment...
, City University of New York
City University of New York
The City University of New York is the public university system of New York City, with its administrative offices in Yorkville in Manhattan. It is the largest urban university in the United States, consisting of 23 institutions: 11 senior colleges, six community colleges, the William E...
, IE Business School, ESCP Europe, ESSEC, European Business School
European Business School International University Schloss Reichartshausen
The EBS Universität für Wirtschaft und Recht in Wiesbaden and Oestrich-Winkel, Germany, was founded in 1971. The university's activities focus on 3 core areas: undergraduate, postgraduate programs and executive education...
, Fundação Getúlio Vargas
Fundação Getúlio Vargas
Fundação Getulio Vargas is a Brazilian higher education institution founded on December 20, 1944. It offers regular courses of Economics, Business Administration, Law, Social Sciences and Information technology management...
, Jönköping International Business School
Jönköping International Business School
Jönköping International Business School or Internationella Handelshögskolan is a business school located in Jönköping in south central Sweden...
, Katholieke Universiteit Leuven
Katholieke Universiteit Leuven
The Katholieke Universiteit Leuven is a Dutch-speaking university in Flanders, Belgium.It is located at the centre of the historic town of Leuven, and is a prominent part of the city, home to the university since 1425...
, Louvain School of Management
Louvain School of Management
The Louvain School of Management is a business school accredited by the European Quality Improvement System , which is part of the Université catholique de Louvain, in Belgium...
, National University of Singapore
National University of Singapore
The National University of Singapore is Singapore's oldest university. It is the largest university in the country in terms of student enrollment and curriculum offered....
, Norwegian School of Management
Norwegian School of Management
BI Norwegian Business School former name BI Norwegian School of Management is the largest business school in Norway and the second largest in all of Europe. BI has in total 6 campuses with the main one located in Oslo.-History:...
, Queensland University of Technology
Queensland University of Technology
Queensland University of Technology is an Australian university with an applied emphasis in courses and research. Based in Brisbane, it has 40,000 students, including 6,000 international students, over 4,000 staff members, and an annual budget of more than A$750 million.QUT is marketed as "A...
, University of Melbourne
University of Melbourne
The University of Melbourne is a public university located in Melbourne, Victoria. Founded in 1853, it is the second oldest university in Australia and the oldest in Victoria...
, University of California, Los Angeles
University of California, Los Angeles
The University of California, Los Angeles is a public research university located in the Westwood neighborhood of Los Angeles, California, USA. It was founded in 1919 as the "Southern Branch" of the University of California and is the second oldest of the ten campuses...
and University of Mannheim
University of Mannheim
The University of Mannheim is one of the younger German universities. It offers Bachelor, Master, and PhD degrees.The University is mainly located in Mannheim’s palace the largest baroque palace in Germany. The whole city center of Mannheim is aligned symmetrically to the palace.About 800 scholars...
.
Joka Times
Joka Times is the student-run online campus magazine-journal of IIM Calcutta. 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.Intaglio
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), and is widely acknowledged to be the biggest B-school meet in India. 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. 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 TechnologyAsian Institute of Technology
The Asian Institute of Technology is an international institution for higher education in engineering, advanced technologies, and management and planning...
, Australian Graduate School of Management
Australian Graduate School of Management
The MBA program of the Australian School of Business is known as the AGSM MBA, based in Sydney, New South Wales, Australia. Founded as the Australian Graduate School of Management in 1977, the AGSM MBA is consistently ranked at the top of the national rankings and amongst one of the top MBA...
, CEIBS
China Europe International Business School
China Europe International Business School is one of the three international business schools affiliated with Shanghai Jiao Tong University located in Shanghai, China. The school was established in 1994 in Beijing as a joint venture between the European Commission, the Chinese Ministry of Foreign...
, ESCP Europe, Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, other IIMs
Indian Institutes of Management
The Indian Institutes of Management , are graduate business schools in India. They were set up with the objective of providing management education and to assist the industry through research and consulting services. The IIMs award diplomas and not degrees.- Institutes :Indian Institute of...
, London Business School
London Business School
London Business School is an international business school and a constituent college of the federal University of London, located in central London, beside Regent's Park...
, MIT Sloan
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
, National University of Singapore
National University of Singapore
The National University of Singapore is Singapore's oldest university. It is the largest university in the country in terms of student enrollment and curriculum offered....
, University of Toronto
University of Toronto
The University of Toronto is a public research university in Toronto, Ontario, Canada, situated on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution of higher learning in Upper Canada...
and the Wharton School
Wharton School of the University of Pennsylvania
The Wharton School is the business school of the University of Pennsylvania, an Ivy League university in Philadelphia, Pennsylvania. Wharton was the world’s first collegiate business school and the first business school in the United States...
. 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
International Organization for Standardization
The International Organization for Standardization , widely known as ISO, is an international standard-setting body composed of representatives from various national standards organizations. Founded on February 23, 1947, the organization promulgates worldwide proprietary, industrial and commercial...
. In 2010, Intaglio got the distinction of being the first carbon-neutral B-school event in India.
The major regular events at Intaglio include:-
- Olympus – the greatest leadership hunt: The flagship event of Intaglio in its recent editions, Olympus is a business leadership competition in which a single representative each from a few top B-schools compete against one another.
- Wizards Of Biz – the boardroom battle: A business simulation game.
- The Great Innovation Challenge: A competition that tests the business innovation and creative skills of participants.
- Consulting Knights: Co-sponsored by a reputed Management consultingManagement consultingManagement consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....
firm, this event exposes participants to real life business situations, testing their consulting skills.
Carpe Diem
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.The major regular events at Carpe Diem are:-
- Armageddon: Amateur Rock musicRock musicRock music is a genre of popular music that developed during and after the 1960s, particularly in the United Kingdom and the United States. It has its roots in 1940s and 1950s rock and roll, itself heavily influenced by rhythm and blues and country music...
competition. - Symphony: Musical concert.
- Razzmatazz: Fashion show.
- Euphoria: Dance competition.
Alumni Network
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:
- Reminiscence: The annual two day reunion hosted on the campus. The silver jubilee batch are the "guests of the campus"
- Nostalgia: The annual Alumni summer meets at different cities across the world
Notable Current & Past Faculty
- Ashok MitraAshok Mitra-Early life and Education:After completing his graduation from the University of Dacca, he came to India following the partition of India in 1947. Although he attended postgraduate classes in economics at the University of Calcutta, he was refused admission there. He moved to Banaras Hindu...
, formerly Finance Minister of West Bengal - Barun DeBarun DeBarun De is an Indian historian whose main area of research is Modern India. He has specialised in the social and economic history of India in the seventeenth and eighteenth centuries, the Bengal Renaissance, and British constitutional history.-Background:He was born in a Brahmo family of Calcutta...
, presently Chairman, West Bengal Heritage Commission - Deepak NayyarDeepak NayyarDr.Deepak Nayyar is Professor of Economics at Jawaharlal Nehru University, New Delhi. He has taught at the University of Oxford, the University of Sussex, the Indian Institute of Management Calcutta , and the New School for Social Research, New York. He was Vice Chancellor of the University of...
, formerly Chief Economic Advisor to the Government of India - Rahul MukerjeeRahul MukerjeeRahul Mukerjee is a Professor of Statistics, in the higher academic grade, at the Indian Institute of Management Calcutta.-Biography:Mukerjee completed his B.Sc. and M.Sc. degrees in Statistics at the University of Calcutta in 1975 and 1977 respectively, finishing at the top of his class in each...
, recipient of the Shanti Swarup Bhatnagar Award, 2000 - Sabyasachi Bhattacharya, presently Chairman, Indian Council of Historical ResearchIndian Council of Historical ResearchThe Indian Council of Historical Research is a Society . The ICHR is registered under Societies registration Act 1860 with the Department of Industries of Delhi Government, Delhi.Role...
(ICHR), New Delhi - Satyesh Chakrabarty, formerly Member of the West BengalWest BengalWest Bengal is a state in the eastern region of India and is the nation's fourth-most populous. It is also the seventh-most populous sub-national entity in the world, with over 91 million inhabitants. A major agricultural producer, West Bengal is the sixth-largest contributor to India's GDP...
Planning Board - Sumit Guha, Professor of History, Brown UniversityBrown UniversityBrown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...
, USA - Yoginder K AlaghYoginder K AlaghDr. Yoginder K Alagh is a noted Indian economist and former Union Minister of Government of India. Currently, he is Chairman of Institute of Rural Management Anand .-Early life:...
, formerly Minister of State (with independent charges) of Planning and Science and Technology, Government of IndiaGovernment of IndiaThe Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...
Criticism
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.