Indian Institute of Management Calcutta (IIM Calcutta) was the 1st IIM to be established and stands as one of the pillars of management education in India. Its most popular course of MBA has a total fee of INR 31 Lakhs.
IIM Cal in total offers 4 postgraduate and 1 doctoral course. The PG courses are MBA, Executive MBA (Ex-MBA), PGPEx-VLM (Post Graduate Program for Executive for Visionary Leadership in Manufacturing), and PGDBA (Post Graduate Diploma in Business Analytics).
Ex-MBA is for working professionals with a of work experience 5 years and PGPEx-VLM is for aspirants from the manufacturing industry.
About IIM Calcutta
Established in 1961 by the Government of India in collaboration with MIT and Ford Foundation, IIM Calcutta pioneered management education in the country. Nestled on a 135-acre campus in Kolkata's Joka area, it fosters a dynamic environment for over 1,500 students and faculty.
The institute's prestige stems from its top rankings: 5th in Financial Times MiM 2024 and 23rd in QS Global MBA 2025. It's particularly renowned for finance and analytics, earning the moniker "Finance Campus" due to alumni leading firms like HDFC and Goldman Sachs.
What differentiates IIM Calcutta from other IIMs? Its interdisciplinary focus, with centers like the Bhagirat S. Mahbubani Finance Lab and IIMC Innovation Park, emphasizes quantitative rigor and entrepreneurship. International partnerships with 50+ schools, including ESCP Europe, enable dual degrees and exchanges.
IIM Calcutta Courses 2026
IIM Calcutta's 2026 curriculum emphasizes experiential learning through case studies, global immersions, and industry projects. Programs span entry-level MBAs for freshers to advanced executive tracks for professionals, with over 20 specializations like finance, marketing, and operations. Enrollment exceeds 1,000 annually, with 20% international diversity.
IIM Calcutta MBA
IIM Calcutta's two-year MBA program is equivalent to building foundational skills across 15 core courses before electives. Highlights include an 8-10 week summer internship and access to Bloomberg terminals.
| Aspect | Details |
|---|---|
| Duration | 2 Years (Full-time Residential) |
| Seats | 465 |
| Key Highlights | International exchange, capstone consulting project |
IIM Calcutta Executive MBAEx
Aimed at mid-career leaders with 5+ years of experience, the one-year MBAEx features modular classes, global immersions, and peer learning from diverse sectors like IT and manufacturing.
| Aspect | Details |
|---|---|
| Duration | 1 Year (Full-time Residential) |
| Eligibility | Bachelor's + 5 years experience, GMAT/GRE (no online GMAT) |
| Key Highlights | Industry projects, leadership simulations |
IIM Calcutta PGPEX-VLM
This niche one-year program, in partnership with IIT Kanpur and IIT Madras, hones manufacturing leadership through 36 weeks of intensive study, including a Japan immersion under JICA.
| Aspect | Details |
|---|---|
| Duration | 1 Year (Full-time Residential) |
| Eligibility | Engineering degree + work exp. |
| Key Highlights | Industry 4.0 focus, ISO certification, and plant visits |
IIM Calcutta Doctoral/PhD Programs
The four-year PhD in Management cultivates research scholars in areas like economics and behavioral sciences, with teaching assistantships and stipends.
| Aspect | Details |
|---|---|
| Duration | 4 Years (Full-time) |
| Eligibility | Master's (55%) + entrance test |
| Key Highlights | Interdisciplinary research, global collaborations |
IIM Calcutta Certificate & Executive Education Programs
Flexible options like 3-6 month certificates in AI for Business or Sustainable Finance target upskilling. Long-duration MDPs (6-12 months) suit executives, while customized corporate programs address sector-specific needs.
For in-depth MBA insights, explore the IIM Calcutta MBA details.
IIM Calcutta Fees Structure 2026
IIM Calcutta fees for 2026 reflect a 4-6% inflation adjustment for enhanced infrastructure, like AI labs and sustainability initiatives. Hostel fees are bundled into tuition for residential programs, covering twin-sharing AC rooms; separate mess charges apply at ~INR 4,000 monthly. Caution deposits (~INR 10,000) are refundable. Total costs exclude personal expenses like laptops (~INR 80,000).
| Course | Tuition Fees (INR) | Hostel & Mess (Included/Extra) | Total Est. Cost (2026) | 2025 vs 2026 Change |
|---|---|---|---|---|
| MBA | 31,00,000 | Included (~INR 1,50,000 annual mess) | 32,50,000 | +4% |
| Executive MBA (MBAEx) | 33,50,000 | Included (4 installments) | 35,00,000 | +5% |
| PGPEX-VLM | 13,50,000 | Included | 14,50,000 | Stable |
| PhD | Nominal (stipend INR 35,000/month) | Included (fellowship) | Fee waiver | N/A |
| PGDBA | 25,00,000 | Included | 26,00,000 | +4% |
IIM Calcutta MBA Fees Structure 2026
IIM Calcutta's total fee for the two-year MBA is INR 31,00,000, paid in six installments. This covers tuition, library, IT facilities, and course materials. Hostel and gymkhana fees are INR 1,20,000 (one-time), with a refundable caution deposit of INR 10,000. Mess charges are extra at approximately INR 4,000 per month.
| Component | Amount (INR) | Notes |
|---|---|---|
| Tuition & Academic | 31,00,000 (total) | 6 installments |
| Hostel & Gymkhana | 1,20,000 | One-time fee |
| Caution Deposit | 10,000 | Refundable |
| Total Est. Cost | 32,30,000 + mess | Excludes personal expenses |
IIM Calcutta Executive MBA Ex Fees Structure 2026
The one-year MBAEx fee is INR 33,50,000, payable in four installments. This includes tuition, international immersion, and course materials. Hostel fees are INR 1,00,000 (one-time), with a caution deposit of INR 10,000. Mess is additional at ~INR 4,000 monthly.
| Component | Amount (INR) | Notes |
|---|---|---|
| Tuition & Program | 33,50,000 (total) | 4 installments |
| Hostel Fee | 1,00,000 | One-time |
| Caution Deposit | 10,000 | Refundable |
| Total Est. Cost | 34,60,000 + mess | Includes a global module |
IIM Calcutta PGPEX-VLM Fees Structure 2026
Total fees for PGPEX-VLM stand at INR 13,50,000, covering tuition, international immersion, and materials. Hostel is INR 80,000 (one-time), caution deposit INR 5,000. No major changes from 2025.
| Component | Amount (INR) | Notes |
|---|---|---|
| Tuition & Materials | 13,50,000 | Full payment or installments |
| Hostel Fee | 80,000 | One-time |
| Caution Deposit | 5,000 | Refundable |
| Total Est. Cost | 14,35,000 + mess | Includes JICA module |
IIM Calcutta Doctoral/PhD Fees Structure 2026
PhD fees are nominal at INR 3,00,000 over four years, often waived with fellowships providing an INR 35,000 monthly stipend plus HRA. The hostel is included in the fellowship; a caution deposit of INR 5,000.
| Component | Amount (INR) | Notes |
|---|---|---|
| Tuition | 3,00,000 (total) | Waivable with fellowship |
| Stipend | 35,000/month | For qualified candidates |
| Hostel | Included | Via fellowship |
| Total Est. Cost | Nominal | Fee waiver common |
IIM Calcutta Scholarships & Financial Aid
IIM Calcutta prioritizes accessibility with merit-cum-means awards covering 25-100% fees for top performers from low-income families (IIM Calcutta Scholarships eligibility emphasizes academic excellence and diversity.
Loan Facilities
Tie-ups with SBI, HDFC, and Canara Bank offer 100% collateral-free loans up to INR 35 lakhs, with a 1-year moratorium and interest subsidies for reserved categories under CGFSEL.
IIM Calcutta Admission Process 2026
The 2026 admission cycle, per official guidelines, integrates merit and diversity for a holistic selection. CAT holds 56% weightage, followed by academics (10-30% based on 10th/12th/graduation), work experience (8-10%), and WAT/PI (20-26%). Gender and academic diversity add 2-10 points.
- Step 1: Entrance Exam – Appear for CAT 2025 (November 30, 2025) or GMAT/GRE for executives.
- Step 2: Application – Submit via iimcal.ac.in by early October 2025.
- Step 3: Shortlisting – December 2025, based on 99+ percentile for General (sectional 70-85).
- Step 4: WAT/PI – February 2026, hybrid mode.
- Step 5: Final Offers – April 2026.
Eligibility Criteria (Course-wise)
- MBA: Bachelor's ≥50% (45% reserved); age
- MBAEx: 5+ years exp., ≥50% academics.
- PGPEX-VLM: Engineering degree, 2+ years exp.
- PhD: Master's ≥55%, research proposal.
IIM Calcutta Placements & ROI
IIM Calcutta's 2025 placements (for 2023-25 batch) achieved 100% success, with 456 students securing 538 offers from 196 firms—exceeding intake by 18%. As per the official report, average CTC rose to INR 34.23 LPA (up 5% YoY), median INR 31.50 LPA, highest international INR 1.45 Cr (finance sector), and domestic INR 91.45 LPA.
To aid quick understanding, here's a summary table of key placement metrics:
| Paticular | Value (2025) | Notes |
|---|---|---|
| Placement Rate | 100% | All 456 MBA students were placed |
| Total Offers | 538 | From 196 recruiters |
| Average CTC | INR 34.23 LPA | Up 5% from 2024 |
| Median CTC | INR 31.50 LPA | Stable across batches |
| Highest Domestic | INR 91.45 LPA | Tech/Finance sectors |
| Highest International | INR 1.45 Cr | Consulting/Finance |
Sector-wise distribution in bullets for clarity:
- Consulting: 37% offers (201 roles); Top firms: BCG, McKinsey, Accenture Strategy; Avg. CTC: INR 35-40 LPA
- Finance: 25% offers; Recruiters: Goldman Sachs, JP Morgan, American Express; Highest: INR 1.15 Cr by Emaar
- Technology/Product: 15% offers; Firms: Google, Microsoft, Adobe; Avg. CTC: INR 32 LPA
- Sales & Marketing: 10% offers; Brands: HUL, P&G, Nestle; Highest: INR 35 LPA by Arteria
- Others (Operations, Conglomerates): 13% offers; Includes Reliance, Tata Steel, Adani
Top recruiters include Microsoft, Google, BCG, Goldman Sachs, and Deloitte, with 95% pre-placement offers from summer internships (avg. INR 3.5 lakhs/month).
ROI Analysis
ROI at IIM Calcutta is compelling, calculated as (Average CTC / Total Fees) x 100 for return percentage. Bulleted breakdown:
- MBA ROI: Fees INR 32.5 lakhs vs. Avg. Package INR 34.23 LPA → ~105% immediate return; Payback period: 1-2 years in high roles
- Break-even Insight: With median CTC INR 31.50 LPA, recover fees in ~12 months post-graduation, outperforming IIM peers by 20%
- Long-term Value: Alumni report 15-20% annual salary growth; 10-year ROI exceeds 800% due to network and promotions
- Comparison: Vs. global MBAs (e.g., INSEAD fees ~INR 1 Cr), IIM-C offers 3x better ROI at 1/3rd cost
Explore the latest IIM Calcutta Placements report for sector insights.
Why Choose IIM Calcutta in 2026?
Opting for IIM Calcutta in 2026 means joining a network of 15,000+ alumni, including Nobel winner Amartya Sen and Flipkart's Kalyan Krishnamurthy, who provide mentorship and funding.
Its EQUIS and AACSB accreditations ensure global portability, with strengths in quantitative finance and AI ethics via dedicated labs. Unlike IIM Ahmedabad's case-study focus, Calcutta excels in data-driven decision-making.
Kolkata's lower living costs (~20% below Mumbai) enhance affordability, while sustainability initiatives like net-zero campus align with ESG trends.
How To Pay IIM Calcutta Fees?
Students seeking admission to IIM Calcutta must appear for CAT. Scores of CAT are considered for admission to the MBA course. For International students, the institute considers scores of GMAT scores. After submission of scores, the institute conducts a written ability test and a personal interview.
Based on all these scores, a final list of prepared and provisional admissions is provided. The students selected in the final admission process must follow these steps to pay the Indian Institute of Management Calcutta fees online:
- Step 1: Visit the official website.
- Step 2: Open the payment portal.
- Step 3: Fill in your complete details in the form, starting with your account code.
- Step 4: Select your fee slot and details.
- Step 5: Tap on the continue bar.
- Step 6: Enter the account details to proceed with the payment.
- Step 7: Download the receipt.
The fee can be paid either online or offline.
The online mode of payment requires the students to log in to the institute's official website and click on the payment options. The online modes of payment for IIM Calcutta fees are:
- Net Banking
- Debit/Credit Card
Students can pay the Indian Institute of Management Calcutta fees directly at the Institute office. These offline modes of payment are:
- Cheque
- Depositing Demand Draft
IIM Calcutta Fees Payment Guidelines For Overseas Category
For students from overseas, the IIM Calcutta fees payment can be made online in various modes. The fee is generally calculated in USD, and students can transfer the amount through wire or online. The receipt after the payment can be remitted.
The generally accepted modes of IIM Calcutta fees transfer are:
- Wire Transfer
- Online Payment