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Business / Fri, 30 Oct 2026 India Today

Indian Institute of Management Calcutta

Along with its strengths in finance, consulting, analytics and strategy, IIM Calcutta is investing in emerging technology to retain its edgeIndia's No.2 Government B-School: Indian Institute of Management Calcutta (Photo: Debajyoti Chakraborty)No. 2: Indian Institute of Management CalcuttaEstablished on Nov­ember 14, 1961, the Indian Institute of Management Calcutta (IIM-C) was India’s first Indian Institute of Management. Over six decades, IIM Calcutta has emerged as one of India’s premier institutions for management education, research and executive training. The institute is known for its strengths in finance, consulting, analytics, strategy and general management, alongside its strong industry connections and international academic partnerships. With a distinguished alumni network spanning corporate leadership, financial services, consulting, entrepreneurship and public life, IIM Calcutta remains a powerhouse in Indian management education, combining academic rigour, industry engagement and global exposure.

Along with its strengths in finance, consulting, analytics and strategy, IIM Calcutta is investing in emerging technology to retain its edge

India's No.2 Government B-School: Indian Institute of Management Calcutta (Photo: Debajyoti Chakraborty)

No. 2: Indian Institute of Management Calcutta

Established on Nov­ember 14, 1961, the Indian Institute of Management Calcutta (IIM-C) was India’s first Indian Institute of Management. Located on a 135-acre campus in Joka on the southern outskirts of Kolkata, it was set up in collaboration with the Government of India, the Government of West Bengal, the Ford Foundation, MIT’s Alfred P. Sloan School of Management and Indian industry.

Over six decades, IIM Calcutta has emerged as one of India’s premier institutions for management education, research and executive training. Its flagship two-year MBA programme is complemented by doctoral studies, executive education and management development programmes. The institute is known for its strengths in finance, consulting, analytics, strategy and general management, alongside its strong industry connections and international academic partnerships.

IIM Calcutta holds the three major international business-school accreditations—AACSB (Association to Advance Collegiate Schools of Business International), EQUIS and AMBA (Association of MBAs)—and is a member of CEMS, the Global Alliance in Management Education. In the National Institutional Ranking Framework (NIRF) 2025, it was ranked seventh in the management category.

With the rise of emerging technologies, IIM-C has courses in Artificial Intelligence, Cyber Security, Machine Learning, Design Thinking and Industry 4.0 and their respective applications in management, integrating intelligent digital technologies into manufacturing and industrial processes.

The institute recorded a milestone in its 2025-26 final placement season, with four to five students reportedly securing annual compensation packages of Rs 1.45 crore each—the highest ever recorded by the institute. The mean annual package for the corresponding placement season stood at Rs 36 lakh, also an all-time high. Its latest summer placement process for the 2026-27 batch concluded one day ahead of its scheduled closing date, reflecting an overwhelming response from recruiters.

Over the next few years, IIM Calcutta is pushing forward with a major, Rs 500 crore green campus expansion, including new academic blocks, a food court and utility infrastructure.

With a distinguished alumni network spanning corporate leadership, financial services, consulting, entrepreneurship and public life, IIM Calcutta remains a powerhouse in Indian management education, combining academic rigour, industry engagement and global exposure.

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