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B-school joins hand with prized club

The Indian Institute of Management Calcutta has tied up with a consortium of 27 international management schools that will entitle 27 students every year to a stint in one of them and a dual degree.

“The degree from the CEMS (the consortium) will be offered along with our postgraduate diploma in management,” Ashok Banerjee, the dean (new initiative and external relations) at the Joka institute, said at the closing ceremony of the golden jubilee celebrations of India’s oldest IIM.

“There is an exclusivity to the tie-up. The global management consortium won’t tie up with any other Indian management school for the next three years. Our students will get both postgraduate diploma in management and masters in management degree without having to invest more academic years,” added Banerjee.

IIMC tied up with the confederation on October 2. Premiere management schools like London School of Economics, HKUST Hong Kong, Esade Business School (Spain) and Richard Ivy from Canada are among the members of the club.

“Under the agreement, IIMC students will travel to any one of the management schools under the global club and those from the global club will visit ours to earn degrees,” said Banerjee.,

A senior teacher on the Joka campus said students would be selected for the international programme after their first-year results are out. Academic record will be the screening criterion. After completing the first term of the second year, the selected students will attend classes for three months at a consortium member school before returning to IIMC for the final term.

The institute will tie up with several foreign companies to ensure that those getting the consortium’s degree get to do their internship with them.

The IIM authorities said they would play a key role in a management summit the HRD ministry is organising in Goa in May 2013.

“Many Nobel laureates will participate in the summit,” said Banerjee.