IIMC students gave up seats at foreign B-schools

  • Several IIM Calcutta’s 2009-11 batch students turned down foreign B-schools – LBS, Stearn (NYU), Cornell University, University of Texas, Georgia Tech Univ. and Univ. of Southern California etc.
  • 20 students of the batch left jobs paying over Rs 20 lakh p.a. to pursue MBA at IIMC.
  • Av work ex – 27 months. Students from – Deutsche Bank, JP Morgan, Goldman Sachs, Credit Suisse, McKinsey, Merrill Lynch etc.
  • Adamya Chandra, 23, mech. engineer from Kamla Nehru Institute Of Technology, Sultanpur refused seat at LBS to join IIMC, reason : reputation of the institute and professors, strong alumni network, it being the only institute in a metro and its distinction as ‘the’ financial campus of India – would help further his career in finance.
  • Another mech. engineer from Delhi College of Engineering, 23, quit his 20 lakh p.a. job at a trading firm to join 2009-11 batch, reason: “I decided in favor of value-addition, as it will provide security in the long run. As you move up the corporate ladder one needs an MBA degree and no better place than IIMC which is the best when it comes to finance.”
  • IIMC Batch Profile:
    • 408 members – largest across the 7 IIMs
    • Av. age – 24 years
    • 3 students scored 100%ile in CAT
    • Another 62 with over 99.9%ile.
    • 19 overseas students with av GMAT score – 728.
    • No. of female students increased to 10%, those with work experience – 63%.
    • Diverse mix – sportspersons, former World Bank and RBI employees, rock-climbing instructors, those working on starting butterfly farm chains, involved in massive projects such as the modernizing of the Bangladesh Railway System. At least 7 students have own startup ventures. Large number have worked with NGOs on issues such as rural upliftment and education of slum children.

Source:  Economic Times


4 Responses

  1. sir i want to know about cat on line paper

  2. Hi Vikasmani,

    Please do check out our bevy of online products here. Test Series, MBA Test Prep on Demand and CAT Scan are unique online tools that provide you with a variety of advantages to help you towards your success at CAT09.

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  3. Freinds,
    From long time I am trying to get enrolled in a reputed NGO for the upliftment of poor (specially for the education of poor childrens). Is CL or any person have any information or connection with NGO’s regarding the same matter.


  4. Hi Mohammad,

    Career Launcher is involved with a variety of projects aimed towards uplifting the underprivileged through training and education. This link: http://www.clef.in/ would help you find out more about our BoP- Bottom of pyramid School and other initiatives.

    Career Launcher Team

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