It is subjective because it depends on many factors like your goals, preferences, and any other individual constraints you might have. It is hard to compare as both are among the top B-schools in India but below is a table comparing the two in different aspects;
|
Parameters |
SPJIMR Mumbai |
IIM Calcutta |
|
Fees |
INR 20.42 Lakhs |
INR 23 Lakhs |
|
Highest Salary |
INR 77.8 LPA |
Not out yet |
|
Median Salary |
INR 32.89 LPA |
INR 33.67 LPA |
|
Average Salary |
INR 33.02 LPA |
INR 35.07 LPA |
|
Exams accepted |
CAT/GMAT |
CAT |
|
Batch Size |
300 |
280 |
|
Top Recruiters |
Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy |
Adobe, Flipkart, Amazon, BCG, Goldman Sachs |
IIM Calcutta has slightly higher tuition costs than SPJIMR Mumbai. Different courses are offered by each business school, and IIMC offers more options than SPJIMR Mumbai.
Although IIM Calcutta has a little higher median income than SPJIMR Mumbai, both institutions' average salaries are on par with those of the top IIMs. While the batch size of IIM Kolkata is not shown in the search results, SPJIMR Mumbai has a comparatively modest batch size.
IIM Calcutta’s MBA Executive is a one-year residential program for executives. The candidates who wish to apply for the course must have more than five years of professional experience. The program is meant for mid-career professionals to enhance their skill sets as they strive to achieve top management positions in their industry.
IIM Calcutta is accredited by AACSB, AMBA, and EQUIS: becoming the first Indian management institute to receive triple accreditation from all three major accreditation agencies in the world for management education.
IIM Calcutta is at the 3rd rank in the NIRF India Rankings 2022: Management.
Therefore, if you are a working professional who wants to enhance your skills for top management positions, you should consider an Executive MBA from IIM Calcutta.
The likelihood of a candidate receiving a call from IIMC depends on a number of variables, including academic record, academic diversity, work history, gender diversity, and the evaluation based on categories (EWS, NC-OBC, SC, ST, PWD).
Being from a reserved category will undoubtedly help you, as will your excellent Expected CAT percentile. The required percentage in undergraduate for the SC category is 55%. Therefore, yes, you have an absolutely good chance of getting a call from IIM Calcutta if your real results match the expected results.
It is quite apparent that if you haven’t met people who actually studied in either of these institutions. That’s why this answer is based on my graduation batchmates who successfully managed to secure a seat at IIM Ahmedabad.
Comparing the two IIM Calcutta and Ahmedabad, both the institutions have a big alumni network and claim to be at par. However, that doesn't mean that both are identical or similar because the internal factors matter a lot.
Here are some insights about these IIMs you must have a look at before deciding.
However, in your case, if you want to wait for IIM Bangalore's waitlist to proceed, do check the past years’ records. Check if the waitlists of the past few years have created a huge difference for the waiting candidates. If not, go for any of IIM Calcutta or Ahmedabad without giving a second thought.
Any IIM will do the following if your score is lower or higher than what you indicated on the CAT form: It will be changed if the score is higher, but you must first fill out a form, and the higher percentage will be considered for further selection consideration.
If it is less than what you specified on the CAT form, they will inquire as to why. After hearing your reason, they will change back to the actual percentage by filling out the form with your signature. If it happened by mistake, there will be no problem.
As can be seen, class XII marks receive only 15% of the weightage (whereas the CAT percentile receives a significant (67%) weightage). Furthermore, a 70% in class XII will result in 6/10 points in that section. As a result, a person scoring 80% or higher has an advantage of only 4 points out of 10 in a section with a weightage of only 15%.
As a result, a low class XII score of 70% is not a particularly important factor in shortlisting, and it is easily compensated for by a high CAT percentile.
Congratulations on securing an interview with an IIM! In terms of extra courses or certifications, it depends on the specific program, your interests, and your passion. Some of them are listed below
Basically any course which develops your leadership, communication, marketing, finance skills gives you an edge over other appearing for IIM Calcutta admissions. However, remember that if your resume shows a lot of courses, then you will have to face the consequences in the interview. The panelists of IIM Calcutta are well aware of the fact that candidates do these types of courses just to make their resumes appear better.
Despite everything, IIM Calcutta is a much better business school overall than IIM Lucknow, regardless of the field. However, if you do not receive an offer from Calcutta, you may consider Lucknow. Some companies may not shortlist you because there will be candidates with far superior academic credentials. However, this is not a sufficient reason to avoid attending an IIM. You will have numerous opportunities to enhance your CV within the b-school through academic performance, winning b-school competitions (which often leads to a direct PPI), participating in PORs and other extracurricular activities, live projects, and so on.
Regardless of your prior academic performance, you will almost certainly be better off with an MBA from IIM Calcutta or Lucknow than without one, assuming you don't waste the two years in b-school doing nothing.
The majority of our research is based on case studies and examples. You will be given a book for each finance course, but they are useful for going over theoretical definitions and concepts or practicing problems if you want to gain confidence in a topic.
There is no single book to recommend for postgraduate studies because there are so many. You can consult the books recommended by Parimal. However, bookish knowledge is not expected to be a postgraduate student's strongest suit.