IIMC’s Joint Business Analytics Program Student lands Rs 2.45 Lakh Stipend

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The Post Graduate Diploma in Business Analytics (PGDBA), jointly offered by IIM Calcutta, IIT Kharagpur and ISI Kolkata, is a 2-year full-time residential diploma program for creating competent professionals fit to be employed by leading Indian and foreign firms.

At the internship placements, students of the second batch of the PGDBA program managed to secure the highest offer of a monthly stipend of Rs 2.45 lakh from an international company.

The average monthly stipend offer from domestic recruiters was Rs 92,447. International recruiters came up with an average stipend of Rs 97,804. The highest offer from a domestic recruiter was Rs 1,25,000. Students found internship opportunities financial services, financial research, technology, consulting, data science, business analysis, risk analysis and business consultancy among others.

Students successfully graduating from the program are expected to join organizations working in the area of analytics. Those interested in higher studies may pursue doctoral or other advanced studies in areas related to analytics.

The current batch comprises of 51 students from varied professional backgrounds. This program is designed for those with an analytical mindset, interested in tackling challenging business problems and possessing an inclination towards mathematics.

The Program

During the course of the program, classes are held at all three institutions – ISI, IIT Kharagpur and IIM Calcutta. Each of the three institutes will focus on a separate area of business analytics, in accordance with its expertise and competence.

While coursework at IIM Calcutta focuses on the application of analytics in functional areas, ISI will bring to the table its expertise in statistical and machine learning theories for analytics, and faculty at IIT Kharagpur will engage with the technology aspects of analytics.

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In addition, the students are required to do an internship of six months duration on an analytics project in a business organization. The program being residential, each institute will make suitable arrangements for hostel accommodation for the students.

Students successfully graduating from the program are expected to join organizations working in the area of analytics. Those interested in higher studies may pursue doctoral or other advanced studies in areas related to analytics.

Eligibility Criteria

Candidates must possess a graduate/post graduate degree with a minimum of 60% marks (10+2+4) and/or CGPA 6.5 on a 10-point scale and/or equivalent, in the BS/B Tech/BE or equivalent Level. For 10+2+5 candidates, a minimum of 60% mark, and/or CGPA 6.5 on a 10-point scale and/or equivalent, in the Integrated Masters or equivalent Level is needed.

For 10+2+3+2 candidates, a minimum of 60% marks, and/or CGPA 6.5 on a 10-point scale, and/or equivalent, in the Masters Level is required.

For SC/ ST and Differently Abled (DA) category candidates, the qualifying marks for eligibility will be 55%, and/or CGPA 6.0 on a 10-point scale, and/or equivalent.

A written test will be held on February to shortlist candidates for personal interview. Candidates shortlisted after the written test will be called for personal interview to be held in the Last Week of March. The final offer would be made on the basis of performance in the written test, personal interview, work experience and academic standing.

Program fee

The program fee for the 2017-19 batch is pegged at Rs 17 lakh. It is to be paid in four equal instalments at the time of registration for each semester. The fees will cover tuition, on-campus lodging, some books and study materials, examination materials, and laboratory charges, among others. It does not cover caution money, food-related expenses, lodging and any travel expenses that the students may incur in Semester 4 when they visit any industrial location (Lodging will be provided during project evaluation after internship and placement).

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