IIM Calcutta Admission 2024: Process Open; Revamps Selection Criteria; Check USPs, Eligibility, Cut off, Fees, Placement; Last date to Apply-September 13, 2023

The triple crowned IIM Calcutta, with three International Accreditations from AACSB, AMBA and EQUIS, will close the application for MBA admission 2024 on September 13, 2023 with the close of CAT 2023 exam registration. IIM Calcutta had opened the MBA admission process on August 2, 2023 with the beginning of CAT 2023 registration and application process. No separate application for IIM Calcutta MBA Admission 2024 needs to be submitted nor any separate application fee is to be paid. If you opt and tick on IIM Calcutta MBA program in the CAT 2023 application form and submit the CAT 2023 application with requisite fees of Rs.2400 your application form for IIM Calcutta MBA admission 2024 is automatically submitted with application fees.

Highly Ranked among top B-schools in India, and oldest among 21 IIMs, IIM Calcutta has introduced many changes in its Admission Criteria 2024 for the flagship 2 years full time MBA 2024-26 programme. With these changes, the candidates with work experience, diverse academic ground and excellent performance in class 10 & 12 stand a good chance for admission 2024.

IIM Calcutta Admission 2024: Key Changes in Criteria & Selection Process
The significant changes in IIM Calcutta admission process 2024, based on last year policy, are as given below

IIMC Shortlisting Criteria for PI Round

• No Weightage for Graduation marks in Shortlisting.
• CAT 2023 Cut off is reduced to 85 percentile for admission 2024
• CAT 2023 sectional cut off for Quantitative Ability reduced to 75 percentile for General category
• For other categories also QA minimum required percentile has been reduced to 65 and below

IIMC PI-WAT Round: Key Weightages

• WAT is restored for admission 2024 with 8% weightage. Earlier no weightage was given to WAT as it was not conducted
• PI Round gets highest weight of 48% in final selection round
• CAT score weight reduced to 30% in final selection round
• Weightage for Academic Diversity is increased to 6% from earlier 4%

IIM Calcutta application opens along with the opening of CAT registration every year in August first week. Read below all about the key USPs of IIM Calcutta, key changes in IIMC admission process 2024, cut offs, programs offered, Fees, Placements and more  

Table of Contents

1. IIM Calcutta: Key Highlights and USPs
2. IIM Calcutta MBA Programs Offered
3. IIM Calcutta Fees
4. IIM Calcutta Seats
5. IIM Calcutta Placements 2023
6. IIM Calcutta Eligibility criteria 2024
7. IIM Calcutta Admission Application Process 2024: How to Apply?
8. IIM Calcutta Admission 2024: Important Dates
9. IIM Calcutta Admission Criteria 2024: Exam Accepted, Final selection Process
10. IIM Calcutta Cut off
11. IIM Calcutta Admission 2024: Step by Step Process

1. IIM Calcutta: Key Highlights & USPs  
Indian Institute of Management (IIM) Calcutta is one of the top management institutes in India. It offers prestigious flagship 2 year MBA apart from one year full time MBA and wide range of executive MBA and doctoral programmes meant for different categories of candidates including fresh graduates as well as for working professionals and top executives. Key USPs of IIMC include

• 1.1 Highly Ranked: IIM Calcutta is ranked #4 in Govt of India MHRD, NIRF Ranking 2023 among top 125 management institutes in India. It is ranked #2 in MBAUniverse.com B-School Ranking 2023.
• 1.2 Triple Crowned with International Accreditations: IIM Calcutta is the first IIM to have earned triple International Accreditations. It is accredited by AACSB (Association to Advance Collegiate Schools of Business), AMBA (Association of MBAs) and EQUIS, the three prestigious international accreditations for Business Schools.
• 1.3 Institute of National Importance: IIM Calcutta was established 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. It is declared as the Institute of National Importance. During its initial years, several prominent faculty formed part of its nucleus, including Jagdish Sheth, J. K. Sengupta, among others.
• 1.4 IIMC- Fee & Placement – Offers High RoI: IIM Calcutta MBA fee for two years is Rs.25 lakhs. IIMC offers high placement and has registered an average salary of Rs.35.07 LPA and median salary of Rs.33.67 LPA.
• 1.5 Top Alumni: IIM Calcutta Alumni are spread across the Globe. They are serial entrepreneurs, CEOs, other front ranking executives and business leaders occupying top Positions
• 1.6 International Exchange: IIM Calcutta and ESCP-EAP, now ESCP Europe have developed a fruitful collaboration through a student exchange programme. Every year students from both the schools get the opportunity undergo one academic term at the partner institute.
• 1.7 Accomplished Leadership: IIM Calcutta is led by Professor Uttam Kumar Sarkar as its Director. He has an outstanding academic record, and is a leading researcher in the field of information systems with numerous publications in prestigious international journals to his credit. Prof Sarkar has vast experience in key leadership roles in India and extensive exposure to universities and academic communities worldwide. Read More
• 1.8 IIM Calcutta: International Centre of Excellence: 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 4 decades, IIM Calcutta has developed 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 to its faculty and the best and brightest young men and women pursue its academic programs.

2. IIM Calcutta MBA Programs Offered
IIM Calcutta offers wide range of management programs including dual degree programme. Following management programmes are offered at IIM Calcutta:

• 2 Years Full Time MBA
• 2 Year Full Time Post Graduate Diploma in Business Analytics (PGDBA) – jointly offered by IIM Calcutta, IIT Kharagpur, and ISI   
• 1 Year Full Time MBA for Executives

2.1 Dual Degree Programme at IIM Calcutta
IIM Calcutta and ESCP-EAP, now ESCP Europe have signed a comprehensive Cooperation Agreement and have developed a fruitful collaboration through a student exchange programme. Every year students from both the schools are provided with an opportunity to enroll in the students’ exchange programme and undergo one academic term at respective campuses as part of their Post Graduate Programmes.

A select group of students from both the schools get an opportunity to obtain Post Graduate Diploma/Degree from both IIMC and ESCP Europe. As for IIMC this programmeis open to the participants joining IIM Calcutta’s MBAprogramme only. As for ESCP Europe, the programmeis open to the Master in Management students only.

The present arrangement is for the Paris campus of ESCP Europe and can be extended to other campuses of ESCP Europe with mutual consent in the future.

Students of IIM Calcutta are selected on the dual degree / diploma track according to ESCP Europe rules. The selection process involves use of CAT/ GMAT score and performance in Group Discussion and an interview. Students of MBA programme of IIMC with at least one year work experience are eligible for this programme.  

  2.2 MBA Specializations at IIM Calcutta
While the first year of MBA is committed to developing business fundamentals through compulsory courses spanning the areas of economics, finance, marketing, operations, systems and organizational behavior, the second year offers a range of electives in different functional areas that students can choose based on their desired area of pursuit in Finance, Human Resource Management, Economics, Management Information Systems, Marketing, Operations Management, Organizational Behaviour, Public Policy and management, Strategic Management among others.

2.3 IIM Calcutta MBA Curriculum: Key Highlights
MBA Program Curriculum at IIM Calcutta has a two-tier structure

2.3.1 MBA Tier-1 Curriculum: First Year

• Consists of a core curriculum (compulsory credit courses and compulsory non-credit courses)
• A summer internship (compulsory industry training between first and second year)
• The first year is committed to developing business fundamentals through compulsory courses spanning the areas of economics, finance, marketing, operations, systems, organizational behaviour, human resources, strategy and public policy.

2.3.2 MBA Tier-2 Curriculum: Second Year

• The second year offers a plethora of electives in different functional areas that students can choose based on their desired area of pursuit
• Students aspiring to delve deeper into topics can undertake term papers under faculty supervision.
• Elective courses (optional courses in the second year) include  Finance, Human Resource Management, Economics, Management Information Systems, Marketing, Operations Management, Organizational Behaviour, Public Policy and management, Strategic Management

2.4 IIM Calcutta Awards MBA Degree instead of PG Diploma
The MBA at IIM Calcutta was earlier known as PGP but after the implementation of IIM Act 2017, IIM Calcutta has changed the name of PGP diploma programme to MBA degree programme. The two-year MBA Programme in Management at IIM Calcutta is full-time residential post-graduate degree course.

3. IIM Calcutta Fees: Rs.25 lakhs

• IIM Calcutta Fees for MBA 2023-25 batch is Rs.25,00,000
• Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra.
• The total programme fees for the 2024-2026 batch may increase further

4. IIM Calcutta Seats for MBA Program
IIM Calcutta seats for MBA 2023-25 batch are 480 students. IIM Calcutta has divided the batch in 6 sections of 80 students each. It is expected that IIM Calcutta may increase the seats for 2024-26 batch

5. IIM Calcutta Placement 2023: Highest Domestic Salary Up at Rs.1.15 Crore
IIM Calcutta concluded its final placement 2023 for its 58^th batch of PGP class 2023 with 573 offers made by 190 recruiters to the large batch of 465 participating students. IIM Calcutta highest domestic salary in placement 2023 has gone up at Rs.1.15 Crore. Also, Registering all time high average salary of Rs.35.07 LPA, IIM Calcutta concluded its 100% final placement 2023 as early as in February 2023. Consulting and Finance sector has claimed 56% share in placement 2023 with Accenture, Amazon, BCG, emerging as top recruiters.  

5.1 IIM Calcutta Placements 2023: Key Highlights
Following are the key highlights of IIM Calcutta Placement 2023:

• The whole placement process was concluded in a short time
• Achieves 100% placement for the class 2023 with more offers despite the large batch
• Average salary increased by 3% at Rs.35.07 LPA in Placement 2023 from Rs.34.20 LPA last year
• Highest Domestic Salary goes up at Rs.1.15 Crore
• Highest International Salary stood at Rs.94.82 LPA
• Median Salary has gone up by 9% at Rs. 33.67 LPA in Placement 2023 from Rs.31 LPA last year
• All time High Average Salary
• Average salary for Top 25% students goes up by 5% at Rs. 50.86 LPA in placement 2023 from Rs.48.39 LPA last year
• 573 offers were rolled out to the large batch of 465 students from the 190 prominent recruiters
• 41% Batch got Placed in Consulting domain
• Finance & Consulting together have 56% share in Placement 2023
• Top Recruiters include Accenture, Amazon, BCG, Goldman Sachs, McKinsey, EY, Bain & Co, Aditya Birla Group among others

Read More

6. IIM Calcutta Eligibility Criteria 2024

• 6.1 IIM Calcutta eligibility criteria require that the candidate must hold a bachelor's degree, with at least 50% marks or equivalent CGPA (in case of the candidate belonging to SC/ST/PwD category, the eligibility criterion is relaxed to 45%
• 6.2 Candidates who graduated in the years 2020, 2021, 2022 and 2023, for whom the university did not conduct the exams or did not award marks or CGPA but awarded only pass or pass marks or promotion in one or more years/semesters of bachelor’s degree/equivalent qualification, can also apply. Such candidates will have to submit a certificate from the Principal/Registrar of his/her college/institute/university stating that they did not conduct the exams or did not award marks or CGPA but awarded only pass or pass marks or promotion in one or more years/semesters, as the case may be.
• 6.3 For candidates who have completed an integrated masters or dual degree directly after their 12th/HSC, the percentage of marks obtained as per the college/institution/university which is considered as equivalent to the bachelor’s degree will be considered. In case the dual degree for UG and PG marks are not separated by the college/institution/university, the PG marks shall be considered as a UG marks for eligibility and used for deriving composite scores in any stage of admission process.
• 6.4 The candidate should appear in CAT 2023 exam and must score minimum prescribed sectional and overall score to become eligible for admission
• 6.5 If the candidate is awarded grades/CGPA instead of marks in the academics, the equivalence to determine PGP admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IIM Calcutta by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
• 6.6 A candidate appearing for the final year bachelor's degree/equivalent qualification examination in 2024 and those who have completed the degree requirements and are awaiting results are also eligible to apply for IIM Calcutta Admission 2024. Such a candidate must produce a certificate from the principal/head of the department/ registrar/director of the institution/university certifying that the candidate is currently in the final year or is awaiting final results and has obtained at least 50% marks or equivalent (45% in case of the candidate belonging to SC/ST/PwD category) based on latest available grades/marks.
• 6.7 IIM Calcutta Eligibility further clarifies that such a candidate, if selected, will become ineligible for the IIM Calcutta admission unless he/she submits a certificate latest by June 30, 2024 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2024) stating that they have completed all the requirements (the result may, however, be awaited) for obtaining the bachelor's degree/equivalent qualification on the date of issue of the certificate.
• 6.8 For candidates yet to complete the integrated masters or dual degree directly after the 12th/HSC, the aggregate percentage of marks obtained in all the years/semesters till July 31, 2023 will be considered.
• 6.9 It is mandatory for a final year student, who is provisionally considered eligible by IIM Calcutta and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination held on or before June 30, 2024.  The deadline to submit the mark-sheet and the certificate is December 31, 2024. 
• 6.10 For candidates who are in the final year of the dual degree course, the aggregate percentage of marks obtained in all the years/semesters till October 31 will be considered for awarding points, considering the practice followed by the university/institution from where the candidate has obtained the degree.

7. IIM Calcutta Admission Application Process 2024: How to Apply?

• Application process for admission at IIM Calcutta opens with the start of CAT 2023 registration process from August 2023
• Candidates have to apply for CAT 2023 by the last date
• IIM Calcutta Last Date to apply is same as the last date for CAT 2023 registration
• CAT 2023 Registration Fee includes the IIM Calcutta Application Fees
• On the page 4 of CAT 2023 application form, you need to select IIM Calcutta MBA and other programs also and select the interview city
• After declaration of CAT 2023 exam result, you can check at IIM Calcutta website whether you are shortlisted by entering your CAT 2023 registration ID and password

7.1 IIM Calcutta Application Fees
There is no separate IIM Calcutta application fees. CAT 2023 registration & Application fee includes the IIM Calcutta application fees as detailed below

8. IIM Calcutta Admission 2024: Important Dates
IIM Calcutta Admission process 2024 has started with the opening of CAT 2023 registration.  Important dates related to admission activities at IIM Calcutta are as below:

9. IIM Calcutta Admission Criteria 2024: Exam Accepted, Final selection Process
IIM Calcutta Admission Criteria 2024 will be a two step process involving the preliminary screening and shortlisting criteria based on CAT exam score & other parameters and the Final admission selection Criteria with less weightage to CAT exam score.

Stage-1: IIM Calcutta Shortlisting Criteria
The first part of IIM Calcutta Admission criteria is the shortlisting criteria before final selection round. IIM Calcutta will shortlist the candidates on the basis of CAT 2023 score, past academic performance, and other criteria as under:

• The 1^st stage of shortlisting in IIM Calcutta Admission Criteria awards 56 Points weight out of aggregate 85 points to CAT 2023 score
• A weight of 25 points out of total 85 points will be awarded for class 10 & 12 marks.
• No weightage will be awarded to academic performance in bachelor’s degree
• Female & Transgender candidates will be awarded 4 points at shortlisting stage
• The candidate must have scored minimum sectional percentile of 75 in Quantitative Ability (QA) section in CAT 2023 and 80 percentile in each of the two sections – ‘Data Interpretation & Logical Reasoning' (DILR) and ‘Verbal and Reading Comprehension' (VARC)
• A candidate must have scored minimum overall percentile of 85 in CAT 2023
• If the candidate does not score minimum prescribed percentile in CAT 2023, he/she will not be considered for shortlisting for final selection stage.
• The candidate with excellent academics will be awarded higher points in shortlisting criteria
• 80% & Above marks in Class 10 will be awarded top rating of 10 points
• For Class 12, 80% and above marks will be awarded 15 points

IIM Calcutta Admission Shortlisting Criteria Weightage Parameters are shared below:

Stage-2: Final Admission Selection Round Criteria

• All the shortlisted candidates are eligible to participate in Final selection round for admission to IIM Calcutta
• IIM Calcutta selection criteria after final admission round award highest weight of 48% to Personal Interview(PI); 8% weight to WAT; 6% Weight to Academic Diversity; 8% Weight to Work Experience and 30% weight to CAT 2023 Score.
• Candidates with any of the following bachelor’s degree are eligible to get the weightage points for Academic Diversity: BA, BA(H), B.Sc, B.Sc.(H), BS, B.Com, B.Com(H), BCA, BBA, B.Pharma, LL.B, MBBS, BDS or any other Non-Engineering subject areas at the Bachelor’s level not mentioned above.
• The maximum weightage of 8 points for work experience will be awarded by IIM Calcutta in final selection round on the basis of length of service as on January 31, 2024. The candidate with managerial work experience will be considered for the award of the work experience. Maximum weightage of 8 points will be awarded for the work experience of 31 to 36 months after graduation. No weightage will be awarded for the work experience below 06 months. Besides, Training/ Project work/work done as an integral part of curricular requirement will not be considered.

Final Merit List for Admission 2024
For the candidates who have appeared in PI-WAT round, a composite score for final selection will be derived using the parameters and the corresponding weights as given below. This composite score will be used for preparation of category-wise merit list.  

  IIMC Final Selection Criteria weights for Admission 2024

IIM Calcutta to Conduct both PI & WAT for Admission 2024
Due to Covid Pandemic, IIM Calcutta discontinued WAT in final selection process. It has begun now from last year. For MBA admission 2024, IIMC will conduct both Personal Interview (PI) and Writing Ability Test (WAT) round and will award weightage to both components.

10. IIM Calcutta Cut Off  2024
IIM Calcutta Cut-off  has been liberalised for admission 2024. Only the candidates above the minimum cut-offs in the CAT 2023 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2023 will be considered for all the subsequent stages.

10.1 IIM Calcutta Cut Offs: Important points to Note

• Please note that the actual section-wise and overall percentile cut-offs may be much higher than the above mentioned minimum percentiles as it will depend upon the number of candidates to be called for personal interview (PI) in each category.
• From the candidates satisfying the above criteria, shortlisted candidates will be called for Personal Interview (PI) based on the composite score derived using the components and the corresponding weights as specified above
• After deriving the composite scores, composite cut-offs will be decided in each category for short-listing candidates for final selection process. The number of candidates to be short-listed for PI in each category depends upon the size of the in-coming batch and would be at the sole discretion of the Institute.

11. IIM Calcutta Admission 2024: Step by Step Process
Following steps are included in the IIM Calcutta Admission process:

• Step 1: The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT 2023 to be considered for first stage screening process for admission at IIM Calcutta
• Step 2: Candidates are short-listed for Personal Interview (PI) from among the candidates who have a valid CAT-2023 score, who have applied to the programme and who satisfy the eligibility criteria for the programme of IIM Calcutta 
• Step 3: After the PI-WAT round, admission offers are made by IIM Calcutta to successful candidates. The final selection is based on a diverse set of attributes which includes performance in CAT, performance in PI, academics, co-curricular and extra-curricular achievements, work experience among others
• Step 4: Final Admission Offer will be made to the candidates in the third week of April 2024 on the basis of Final Score arrived after awarding the weightage scores on all the components.

IIM Calcutta Admission 2025 will be on similar lines as that of admission 2024. The students who are not eligible this year, can apply for IIM Calcutta Admission 2025. You need to begin your CAT preparation in time. IIM Calcutta has changed the name of its flagship management programme to MBA. Now it will award MBA degree instead of Post Graduate Diploma. The two years MBA of IIM Calcutta is a full-time residential course for graduates from all disciplines wishing to choose a career in management.

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.

Over the years, IIMC has grown into a top B-school and matured institution with global reputation, imparting high quality management education. It has been playing a pioneering role in professionalizing Indian management through its Post Graduate and Doctoral level programs, Executive Training Programs, Research and Consulting Activities.

Hope you found this article on IIM Calcutta quite useful to decide on MBA admission. IIM Calcutta admission application process through CAT 2023 opens in August and you can apply then. Read More

Stay tuned to MBAUniverse.com for more updates on IIM Calcutta 

Check IIM Admission 2023 Latest Selection Criteria, Cut Offs, Rankings, Placements

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