History The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961 in collaboration with Alfred P. Sloan School of Management (MIT), the Government of West Bengal, The Ford Foundation and Indian industry. During its initial years, several prominent faculty formed part of its nucleus, including Paul Samuelson, Jagdish Sheth, J. K. Sengupta, among other Over the years, IIMC has grown into a mature institution with global reputation, imparting high quality management education. It has been playing a pioneering role in professionalising Indian management through its Post Graduate and Doctoral level programs, Executive Training Programs, Research and Consulting Activities.
Today, the institute serves as an autonomous body, continually evolving to meet its goals in an ever-changing business environment.The vision of the Institute is to emerge as an International Centre of Excellence in all facets of Management Education, rooted in Indian ethos and societal values. Over the past four decades, IIM Calcutta has blossomed into one of Asia's finest Business Schools. Its strong ties to the business community make it an effective mechanism for the promotion of professional management practices in Indian organizations. Today, IIM Calcutta attracts the best talent in India - a melting pot of academia, industry and research. The best and brightest young men and women pursue its academic programs.
Teaching Programs
The main thrust of training is to imbibe a sense of strategic outlook to management problems in the students. The emphasis, therefore, is on management as an integrated process and requires the students to develop a global view of economic, technological, cultural and political environment of the business. The Institute offers five major teaching programs namely Post Graduate Program in Management (PGDM), Post Graduate Diploma in Computer Aided Management (PGDCM), Post Graduate Program for Executives (PGPEX), Post Graduate Diploma in Business Management (PGDBM) and Fellow Program in Management (FPM). The PGDM Program is designed to meet the challenges of rapid changes in our society. Students are continually exposed to scenarios that demand structuring of unstructured problems and proposing solutions to complex situations. In 1994, the two-year full-time PGDCM was started, which fulfils the demand for global business managers, by reorienting management education to keep pace with the changing needs of the world. It is a distinctive program with special emphasis on Information Technology (IT) and its application to business. This three year PGDBM is an evening program, also launched in 1994, to offer working executives the opportunity to gain insights into various facets of management. The FPM offers an opportunity for full-time advanced study and research at doctoral level in management and related areas.
Other Activities
In addition to the teaching programs, IIMC is also engaged in the following activities:
* Management Development Programs * Research * Consultancy * Seminars, Workshops & International Conferences * Publications
Faculty
One of the biggest strengths of the Institute is its world renowned faculty. The faculty members have distinguished academic achievements in different areas of management and the related basic disciplines and are actively involved in teaching, training, research and consulting. They carry out consultancy assignments to keep in touch with the real-life management problems in public and private corporations, financial institutions, government agencies and international agencies. This dynamic learning process at IIMC enriches teaching and training activities of the faculty. It also helps development of case studies and identification of directions of research relevant for business and industry. IIMC has about 70 faculty members belonging to one or more of the following groups and centers: Behavioural Science, Economics, Environment, Finance & Control, Marketing, Management Information Systems, Operations Management, Personnel Management & Industrial Relations, Resource Management, Regional Development, Sociology, Strategic Management, Management Center for Human Values, Center for Development and Environment Policy.
Facilities The 135-acre campus of the Institute has a cluster of Administrative and Faculty Office Blocks, fully equipped classrooms, seminar and conference rooms, Management Center for Human Values, residential quarters for students, faculty and staff members, library, an executive training complex, a bank and a post office. The 750-seat state-of-the-art Auditorium is the latest addition to the campus.
The presence of the lush trees and seven lakes makes the campus picturesque and well endowed. The B.C.Roy Memorial Library of the Institute, which started with a liberal Ford Foundation grant, has grown over the years, keeping pace with the development of the Institute, developments in the area of the library and the services and the changing information needs of the users. The library is considered as one of the major management libraries in South Asia.
IIMC is an acknowledged leader in computing resource and applications. The Institute's computer Center has emerged as a center of excellence in the area of Computer Applications in Management. The campus wide LAN encompasses 1000 nodes/workstations. LAN connectivity is available in each room in the students' hostels, providing the students with 24-hour access to resources like the local network and the Internet from the comfort of their rooms.
Placements The Institute's Placement Bureau arranges on-campus interviews for all students at the end of their second year. IIMC is also responsible for assigning students to summer projects at the end of the first year, where the students learn the practicalities in the industry by applying the theoretical concepts learnt in class. Last year, IIMC recorded the highest placements amongst all the IIMs.
Student Life IIMC has a vibrant student community. Seminars, business school meets, sports and cultural events are regular features of the campus life. Student initiative is encouraged and a large number of clubs and societies are run by students.
The Alumni IIMC has a very strong alumni base, which makes it unique among the top management institutes of the world. IIMC alumni are occupying leadership positions as corporate managers, academicians and successful entrepreneurs, worldwide. The alumni maintain a close relation with the Institute, helping each other in their growth.