FELLOW PROGRAMME AND RESEARCH

INDIAN INSTITUTE OF MANAGEMENT CALCUTTA

Joka, Diamond Harbour Road, Kolkata 700104

Phone: 91-33-2467 8307 / 8062 / 7851
Homepage: https://programslive.iimcal.ac.in/overview-fellow-program
Email: admissionsfp@iimcal.ac.in

Brief Overview

Contents
1

Brief Overview

Areas of Specialisation in the Fellow Programme

The doctoral (or fellow) programme at

work produced by the Institute. Many of

institutional dimensions, and

Behavioural Sciences

IIM Calcutta aims to produce high quality

these writings have been published in

management problems. We like to see

Economics

scholarship. As a leading institute of

internationally renowned journals and in

new insights emerge which influence the

Finance & Control

management research in the country, we

widely acclaimed books. IIM Calcutta also

generation and application of

Human Resource Management

put considerable emphasis on training

has several research centres in which we

management knowledge in a socially

our doctoral students to produce good

conduct specialised and interdisciplinary

relevant manner.

Management Information Systems

quality research. In the context of the

research. These aspects have helped our

Marketing

recent economic, ecological, and social

doctoral programme to be widely

Operations Management

challenges, there is a pressing need to

respected within and outside the country.

comprehend the problems faced by

We strongly encourage our prospective

business and non-business organisations.

doctoral students to develop familiarity

Our doctoral programme has an

with this rich tradition and to understand

important role to play in this process of

the specific nature of work happening in

13 Institutional Support

understanding.

their areas of interest.

14 Infrastructure and Facilities

Over the last fifty years, scholars at IIM

IIM Calcutta has produced a body of

This diversity allows students to approach

16 Admissions

Calcutta have attended to diverse

scholarly work that has societal

management problems from different

16 Admission Tests

managerial, socio-cultural, economic, and

significance. We encourage our students

theoretical vantage points and to find

16 Exemptions

policy problems through their academic

to draw upon scholarship, located both

new ways of understanding them. It

writings. We have historically played a

within and outside the management

additionally helps students with different

role in shaping management thought

field, and to investigate the complex and

academic backgrounds to have multi-

and practice in the country. These efforts

multifaceted intersections between

disciplinary dialogues that further assist

get reflected in the rich body of academic

social, political, economic and

their learning processes.

10 Public Policy and Management

11 Strategic Management
12 Course Structure

16 Selection Process
17 Alumni Speak
20 Selected Publications

We have doctoral students with prior

degrees in management, economics,
engineering, mathematics, sociology,
anthropology, and psychology, among
other disciplines. Given the eclectic
nature of the field, we strongly encourage
students from different disciplinary
backgrounds to apply to the programme.

21 Fellow Programme - Career Opportunities

2

Areas of Specialisation in the

Fellow Programme

Behavioural Sciences
The research interests of the faculty members include the micro
level psychological aspects of individual and group behaviour
in organisations and the macro level organisational behaviour
between and within organisations and society. Specific research
areas include diversity, entrepreneurship, cross cultural
management, Indian management styles, alternate forms of
organising, institutional theory, individual behaviour, and critical
management among others.

Select Dissertations

Configurations of BPO firms : Relating Work Design, Strategic

Orientation, Client Relationship and Context to
Organisational Performance, Sharda Kirti, Faculty Member,
IIM Ahmedabad

Type of Entrepreneur, New Venture Strategy and the

Performance of Software Startups, Madhushree Nanda,
Faculty Member, MDI Gurgaon

Essays on Developing Economy Business Groups, Apalak

Khatua, Faculty Member, XLRI Jamshedpur

Select Doctoral Level Courses

Group Dynamics

Basic Concepts in Personality and Change

Interpersonal Dynamics and Group Development

Organisation Theory

Power : Discourses and Debates

Advances in Negotiation and Decision Making Research

Economics
The research interests of the faculty members include Industrial
Organisation, Theory of the Firm, Applications of Decision
Theory and Game Theory, Macroeconomics, Monetary
Economics, Banking, Central Banking, Growth and Structural
Change, Employment and Labour Markets, Political Economy,
Industrial Policy, Industrial Studies (specially Pharmaceutical
industry and Intellectual Property Rights), Open Economy
Macroeconomics, Crisis and Contagion, International Trade
and International Financial Flows, Economic Development,
Sustainable Development, Development Strategies, Economics
of households and applications of Social Informatics, Time
Series Econometrics, Micro econometrics and Financial
Econometrics, Regulation, and Strategic Management.

Finance & Control

Industrialisation, Sushil Khanna, Faculty Member, IIM
Calcutta

Foreign Direct Investments from India : 1964-83, Sebastian

Morris, Faculty Member, IIM Ahmedabad

Investment Behaviour of Selected Industries in the Private

Corporate Sector in India, R Vaidyanathan, Faculty Member,
IIM Bangalore

Select Doctoral Level Courses

Approaches to Development

Trade and Development

Environmental Economics : Applications to Corporate

Sustainability

Select Dissertations

Topics in Public Economics

Topics in Advanced Econometrics

Game Theory

The Petrochemical Industry and Industrialisation in India

: A Study of Transnational Corporations and Dependent

The Finance and Control Group has faculty members in the

areas of accounting and finance. Accounting areas research
interests include impact of a firms financial reporting decisions
on capital markets and the role of management control systems
on improving cost efficiencies. Other research areas include
corporate finance, mergers, public offerings of debt and equity,
mutual fund performance, and lending behaviour of banks
during recessions. In addition, interdisciplinary areas related to
corporate governance and corporate social responsibility are
also actively researched. Research methodologies used are quite
diverse, ranging from empirical data analysis of archived data
to running controlled experiments.

Essays on Interday and Intraday Periodicities and Return

Volatility: Evidence from Indian Commodity Futures Market,
Vivek Rajvanshi, Faculty Member, IIM Lucknow

Performance Evaluation of Equity Mutual Funds in India:

An Empirical Exploration, Soumya Guha Deb, Xavier Institute
of Management Bhubaneswar

Select Doctoral Level Courses

Seminar in Empirical Finance

Seminar in Corporate Finance

Empirical Accounting Research

Seminar Course in Financial Institutions & Markets

Select Dissertations

Derivative Securities

Quantitative Applications in Finance

Examining the Financial Statements of Banks in India, Arpita

Ghosh, Faculty Member, IIM Calcutta

Human Resource
Management
The Human Resource Management group focuses on the study

Management Information
Systems

Top Management Team and Organisational Performance:

of critical issues in managing human resources at various levels

The Moderating Role of Differentiation & Integration

of analysis - at the micro employee-employer level, at the

Processes and Managerial Discretion, Nandini S , Head,

firm/organisational level and at the macro labour market level.

Organisation Development & HR Delivery, Infosys

Some focus areas of research include strategic HRM, strategic

The Determinants of Managerial Remuneration in the Indian

and operational role of HRM flexibility, employee performance

Corporate Sector, Manjari Singh, Faculty Member, IIM

management, HRM in services, role of HRM in IT project

Ahmedabad

management, compensation and benefit management, and

comparative industrial relations.

Select Dissertations

Links between Human Resource Flexibility, Environmental

Dynamism, And Firm Performance: An Empirical Study of
Firms in India, Sumita Ketkar, Faculty Member, Westminster
Business School, London

Select Doctoral Level Courses

Human Resource Management in Services: Advanced Course

Labour Economics

Wages and Income Policy at the Corporate and National

Level

Seminar Course on Research in Human Resource

Management

The research interests of this group

include information systems, technology
management and interdisciplinary areas.
The topics encompass both micro and
macro areas in the interface of systems,
technology and management. It also
comprises information technology
oriented basic research with functional
applications in management including
areas such as machine learning,
information security, combinatorial
optimisation, neural networks and fuzzy
systems, business analytics, business
workflows and enterprise systems.
Emerging information technologies
focussing on business and management
challenges thrown up by the widespread
use of the internet and Web 2.0
technologies are also actively researched.
Research in this group also spans in
ubiquitous information system, social
media analytics, crisis informatics, and
big data analytics.

Select Dissertations

Improved Methods for Scheduling

Partially Ordered Jobs Under Resource
Constraints, Sanjay Verma, Faculty
Member, IIM Ahmedabad

A Network Approach to Mining

Patterns in Financial Markets, Ram
Babu Roy, Faculty Member, IIT
Kharagpur

Algorithms for Certain Classes of

Cutting and Packing Problems,
Shubhashis Sengupta, Senior Manager
and Head of Research, Accenture
Technology Lab, Bangalore

Some Investigations in Technical and

Business Aspects for the Effective
Adoption of Wireless Sensor Networks,
Anurag D, Researcher at Accenture
Labs, Bangalore

Internet Auctions : Selected Issues

And Problems, Atul Saroop, Machine
Learning Scientist, Amazon

Select Doctoral Level Courses

Understanding Business-To-Business
Website Use by Buyer-Seller Dyads : A
Conceptual Framework, Merlin Nandy,
Consultant, IBM India Pvt Ltd

Network Dynamics of Knowledge

Creation in the Wikisphere, Myshkin
Ingawale, Entrepreneur and TED
Fe l l ow, Co - Fo u n d e r B i o s e n s e
Technologies

Management events and their impact

on firm performance

Foundations of Internet Commerce &

Web Business

Select Aspects of Cloud Computing

Management Strategies for e Government Projects

Models for Optimisation: Theory &

Reality

Business Dynamics and its Applications

Seminar in Information Systems

Research
7

Marketing
The research interests of this group include consumer behaviour,
consumer culture theory, critical marketing, relationship
marketing, retailing, sales and distribution management,
marketing at the bottom of the pyramid, B2B marketing, and
product and brand management. Its faculty members work
within several methodological traditions, such as analytical
modelling, structural equation modelling, experimental
methods, and qualitative methods and critical thinking. Faculty
members have published in several top journals that include
Journal of Consumer Research, Journal of Retailing, Journal of
Public Policy and Marketing, Industrial Marketing Management,
Journal of Information Technology, and Journal of Business
Ethics.

Select Dissertations

A Multidimensional Approach To Measure Efficiency of A

Service Firm and The Impact of Quality On Firm

Operations Management
Performance, Prithwiraj Nath, Faculty Member, Norwich
Business School, UK

Shaping Corporate Brand Performance Through Market

Orientation: A Dyadic Study in an Emerging Economy
Context, Soumya Sarkar, Faculty Member, XIM Bhubaneswar

Essays on Consumption among Migrant Consumers, Hari

Sreekumar, Faculty Member, IIM Tiruchirappalli

Select Doctoral Level Courses

Seminar in Advanced Marketing Theory

Seminar in Services Marketing Theory

Seminar in Consumer Culture Theory

Advanced Marketing Management

Advanced Marketing Research Methodology

The Operations Management group focuses on design,

planning, control and improvement of operations in
manufacturing and service, private and public sectors. A sample
of current research interests of the Operations Management
faculty members includes supply chain management, inventory
management, reverse logistics, revenue management, dynamic
pricing, risk management, manufacturing excellence, operations
strategy, capacity and production planning, control of
processing networks, stochastic modelling, optimisation, vehicle
routing problem, mathematical and statistical techniques and
contracting, and incentive mechanism design.

The Concept of Bottleneck in Job Shop Scheduling, Saral

Muk herjee, Facult y M ember, IIM Ahmedabad

Decision Rules for Timing the Purchase of a Stock, Manishi

Ray Chaudhuri, Managing Director, Asian Equity Strategist,
Head of Research - India at BNP Paribas Securities

Select Doctoral Level Courses

Seminar Course in Supply Chain Management

Production and Inventory Control

Project Management

Operations Research in Finance

Select Dissertations

Stochastic Processes

Simulation

Application of Linex Loss Function And Multistage Sampling

In Management Science, R N Sengupta, Faculty Member,
IIT Kanpur

Public Policy and

Management

Strategic Management

The Public Policy and Management group is a multidisciplinary

group of active researchers and teachers from diverse social
science backgrounds. The group addresses issues related to
the challenges of policy innovation, governance for public
service delivery, relationship between the government and the
industry, and legal and regulatory aspects. Specific research
areas include the social and political context of development
in India, business solutions for poverty alleviation, international
geopolitics, international trade and intellectual property rights,
citizen engagement and the emerging models of shared
governance.

A Framework for Access and Benefit Sharing towards

Conservation of Biodiversity and Protection of Traditional
Knowledge: A Case Study Based Exploration, Shamama
Afreen, Faculty Member, Centre for Business Sustainability,
Indian Institute of Management Lucknow

Information Technology, and Information Technology

Enabled Services Cluster Growth: Impact on Metropolitan
Land Use and Land Markets, M K Satish, Vice President,
Policy, Infrastructure Development Finance Company (IDFC)

Select Dissertations

Theory of Public Policy

Public Systems Management

Urban Management: Issues and Strategies

Rural Development and Policies

Law and Public Policy

Forestry and Social Protest Movements in Uttarakhand,

published as The Unquiet Woods: Ecological Change and
Peasant Resistance in the Himalaya, Oxford University Press,
New Delhi, 1989, Ramachandra Guha, Author & Columnist,
Padma Bhushan, 2009
10

Select Doctoral Level Courses

The Strategic Management group houses faculty with diverse

research interests that include internationalisation of emerging
economy firms, business groups, sustainability, critical
management studies, strategy as practice, political economy
of growth and industrialisation, varieties of capitalism, and
management of the public sector.

Methodological Issues and Directions in Strategy Research

Select Dissertations

Doctoral Seminar on Fundamentals of Strategy

Strategy as Practice

Doctoral Seminar on Mergers, Acquisitions & Divestments

Doctoral Seminar on Organisation Theories for Strategic

Management

Doctoral Seminar on Evolution of Strategic

Management

Strategic Leap to Multinationality : Study of International

Acquisition by Emerging Multinationals from India, Satyajit
Gubbi, Faculty, University of Gronigen, Netherlands
Effect of Business Group and Industry Affiliation on Firm
Performance - An Exploratory Study of Indian Business
Group Affiliated Companies, Srinivas Ainavolu, AVP, Reliance
Power Ltd.

Exploration of Inward and Outward Internationalisation

Linkages in Knowledge-Intensive Firms in an Emerging
Economy, Raveendra Chittoor, Faculty, Indian School of
Business, Hyderabad

Select Doctoral Level Courses

11

Course Structure

After joining the programme students have to go through a

course work phase for the first two years. They complete at
least 90 credits before being inducted into the research phase
after successfully passing their Comprehensive Qualifying
Examination.
The academic group that a student joins is treated as the major
area, while a student will be required to choose another
academic group as a minor area of specialisation.
During the first year, students have to take up at least 15
compulsory 3-credit courses as decided by their academic
groups. Students in most of the academic groups also need to
take the compulsory non-credit course in Qualifying
Mathematics.

Institutional Support

During the summer vacation at the end of the first year, students
undertake project/research work (under the guidance of faculty
members) which is treated as equivalent to a 6 credit course.
The qualifying CGPA for the first year is 5.5, while that for the
whole period of coursework is 6.0. Students failing to meet the
cut-off CGPA will be required to withdraw from the programme.
After a successful completion of coursework, a student takes
the written and oral parts of Comprehensive Qualifying
Examination (CQE). After a successful completion of CQE, a
student moves into the thesis or dissertation phase.

During the second year, students have to take the following

course load:

Graduates of the other IIMs who have a CGPA of 6.00/9.00 and

above (or its equivalent) are eligible for direct admission to the
second year of the Fellow Programme. For others, waiver of all
first year courses or for a specific course is decided by the FPR
Committee on a case-by-case basis.

Dissertation Work

8 courses in the major area (out of which at least 6 should

be doctoral-level advanced courses; if a student has already
taken any doctoral-level course in the first year, s/he needs
to take the remaining number of doctoral-level advanced
courses in the second year)

3 courses (3 credit each) from the students designated

minor area

2 compulsory doctoral level courses on research methods

(qualitative and quantitative)
12

A student undertakes her/his dissertation work under the

guidance of a Thesis Advisory Committee (TAC) chaired by a
Thesis Supervisor. We encourage inter-institutional
collaborations by enabling academic participation of
academicians outside IIM Calcutta in TACs. A dissertation is
evaluated by a panel of two external experts from outside IIM
Calcutta and an internal expert from within the Institute. A
student also has to defend her/his thesis in a public defence in
the presence of a panel of examiners.

The Institute provides substantial financial and infrastructural

support to FP students.
No tuition fee is charged. Currently, each student is given a
stipend that starts at Rs.27,000 per month and goes up to
Rs.30,000 per month. In addition, a contingency grant of
Rs.25,000 per year with an additional computer grant of
Rs.40,000 is also provided in the first year. These grants can be
used to buy books, conduct field research, and to attend
academic conferences. The stipend and contingency grants are
given for four years, and can be extended for up to one more
year on demonstration of satisfactory progress in dissertation
work.
Additional financial support is available in the form of extra
funds of up to Rs.50,000 for field research. Moreover, students
can take up teaching assistantships as and when available, that
pay up to Rs.11,000 per month (in addition to the stipend).

The Institute also provides full financial support to students to

attend up to three international conferences. Students can also
participate in one international workshop in lieu of a conference.
Fellowship students are expected to reside on campus during
the course of their programme. The Institute provides singleroom accommodation to all students, and has limited family
accommodation for married students.
The cost of living on campus includes a rent deduction which
is Rs 750 per month for hostel accommodation. The rents for
one room studio apartment and two bedroom apartment are
Rs. 1200 and Rs 2000 per month respectively. If a student
chooses to join a mess then basic charge is around Rs. 3500Rs. 4500 per month which varies from hostel to hostel and also
depends on food preferences. 1
1

The charges mentioned are subject to revision

13

Infrastructure and Facilities

Fellow Programme students are provided state of the art

infrastructure and facilities to enable them to conduct high
quality research work. There are four air conditioned computer
labs in the Institute exclusively for FP students where each
student is provided an individual desktop after a successful
completion of CQE. Apart from the computer labs, there is a
computer centre with state of the art workstations that are
available to all students across all programmes. The computer
centre is the repository of all the hardware and software
computing requirements of FP students. The computer centre
hosts statistical software like STATA, SPSS, and SAS, computing
software like MATLAB, LINGO, and qualitative analytical tools
like NVIVO over its network for all our students. 24x7 highspeed wireless broadband is available to all students providing
freedom and flexibility of location. Apart from the wireless
network, all hostel rooms are equipped with high speed LAN
infrastructure as well. The labs also have printer and scanner
facilities. Along with the computer centre and the FP computer
labs, students can also avail a one-time grant at the time of
joining the course to purchase hardware and software tools
customised to their individual research requirements.
The B.C. Roy Memorial Library at IIM Calcutta is regarded as one
of the most contemporary libraries in the country. The library
has access to almost all the major journals in the world, including
electronic access to journals, e-books, and remote access facility
for FP students. In the library, the FP students are provided
separate areas where they can sit and read in their own cubicles.
The library also provides access to databases like Prowess, ACE,
Lexis Nexus, Capital line, CRISIL among others to cater to the
14

research requirements of students across disciplines. In the

year 2013, the Institute started a world class finance lab which
provides access to databases like COMPUSTAT, Reuters and
Bloomberg terminals. The finance lab can also host lab-based
experiments for FP students.
The FP course emphasises sound methodological knowledge.
Seminars by eminent scholars are organised all through the
year. Training on tools and databases is provided by vendors
like IBM, and CMIE as well as subject matter experts. During
the summer term, research methods workshops are organised
in which professors from within and outside the Institute are
invited to deliver lectures. Students from within the institute
and from other institutions participate in these workshops.
Students are also encouraged to attend similar workshops
offered at other reputed management schools.
In March 2014, an MoU was signed between IIMC and Ivey
Business School for the establishment of the IIMC Case Research
Centre. The MoU is about joint development of case studies
and co-branding of case studies between the two institutions.
The Case Research Centre has already released cases in
association with organisations like Microsoft. Students are also
encouraged to participate in case writing workshops and
competitions conducted annually by prestigious institutes
across the globe.
IIMC provides further support to the FP students in the form
of video conferencing facilities, dedicated classrooms, and
discussion rooms. The Institute also supports students with
audio and video recording facilities for any research
requirement.
15

Admissions

Alumni Speak

An applicant to the Fellow Programme is required to have:

EITHER
First Class Masters degree in any discipline or CA/CS/CMA with
minimum 55% marks and a three-year Bachelors degree with
at least 50% marks in the aggregate;
OR
First Class Bachelors degree in Engineering.
In addition, the applicant must have obtained a minimum of
50% marks in the aggregate in either the Secondary or the
Higher Secondary Examination of a Board (or equivalent).
A final-year student appearing for the Bachelors degree
examination in Engineering or Masters degree examination in

any discipline can also apply. Such a candidate, if selected, will

be provisionally admitted provided s/he completes all
requirements for obtaining the degree before 30th June, 2015.
Admission of the candidate will remain provisional until s/he
produces mark sheets proving that s/he satisfies the eligibility
criteria. The deadline for submitting the final year degree mark
sheets is 31st December, 2015.

Admission Tests
An applicant can apply to at most two areas of specialisation.
S/he needs to have taken the Common Admission Test (CAT)
in 2014 or, depending on chosen specialisation(s), alternative
test(s) in lieu of the CAT as specified in the following table. The
test score(s) should be valid on 24th January, 2015.

Area of Specialisation

Tests in lieu of CAT

Behavioural Sciences

GMAT / GRE / GATE / UGC-JRF in Psychology / Sociology / Economics / Anthropology

/ Management

Economics

GMAT / GRE / UGC-NET in Business Economics / Development Economics/ Economics

Finance & Control

GMAT / GRE / UGC-JRF in Commerce / Economics / Management

Human Resource Management

GMAT / GRE / GATE / UGC-JRF in any discipline

Management Information Systems

GMAT / GRE / GATE / UGC-JRF in any discipline

Marketing

GMAT / GRE / UGC-JRF in any discipline

Operations Management

GMAT / GRE / GATE [for GATE, candidate is required to submit his/her score either (i) in
Mathematics (MA) Paper, or (ii) in the Engineering Sciences (XE) Paper which has
Engineering Mathematics as a compulsory component] /UGC-JRF in Mathematical
Sciences

Public Policy and Management

GRE /UGC-JRF in Anthropology / Economics / Environmental Science/Geography

/History/ International and Area Studies/ Law/ Management/ Political Science
/Psychology/ Public Administration / Social Work/Sociology

Regional Development

GRE / UGC-JRF in Anthropology / Economics / Geography / Population Studies / Public

Administration / Sociology

Sociology

UGC-JRF in Anthropology / Economics / Political Science / Sociology

Strategic Management

GMAT / GRE / GATE / UGC-JRF in Anthropology / Commerce / Defence and Strategic

Studies / Economics / Environmental Science / Geography / History / Law / Management
/ Political Science / Psychology / Public Administration / Sociology

Exemptions
An applicant who is a graduate of any one of the two-year fulltime Post Graduate Programmes of any one of the Indian
Institutes of Management with a Cumulative Grade Point
Average (CGPA) of no less than 6.00/9.00 (or its equivalent), or
has completed the PGDBM Programme of IIM Calcutta with a
CGPA of no less than 6.5/9.00 does not need to take any
admission test. S/he can apply directly using the FP online
application process. S/he has to pay the application fee and
meet the application deadline. The selection procedure followed
for such a candidate will be identical to that of all other
candidates.

Selection Process
The evaluation process of applicants for the fellow programme
consists of test scores in qualifying exams, overall academic
16

record, alignment of research interests with the faculty members

in concerned departments, statement of interest, and strength
of recommendations, among others. The cut off for each test
score is decided every year and is a prerogative of the committee
that looks into the application process. We strongly encourage
applicants to look at the faculty profiles and their research
interests.
The Institute shortlists students from the pool of applicants in
any year for an interview process at IIM Calcutta campus.
Interviews are usually held in March.
Interviews are conducted in two rounds. In the first round,
candidates are interviewed by faculty members in the area(s)
of specialisation to which the candidates have applied. Those
who qualify in the first round take a Research Aptitude Test
and are subsequently interviewed by the Fellow Programme
and Research Committee for final selection.

Raveendra Chittoor

Faculty, Indian School of Business, Hyderabad

I came into academics after spending over ten years in industry. When I was looking for a doctoral
programme in strategy in India - I must confess - my first choice was IIMA, as I had done my PGP
from there. As luck would have it, they stopped their strategy Fellow Programme for a few years
and I came to IIMC. This turned out to be one of those life changing events in my life. In retrospect,
I feel I got so much from my doctoral experience at IIMC, which I sincerely believe I would not
have got from any other school national or international. As a part of building the foundations
of the strategy Fellow Programme at IIMC, the group went out of the way to provide inputs by
inviting scholars from around the world. In particular, my young advisor Prof. Sougata Ray
(younger than me!) stressed the importance of publishing in top tier journals early in the
programme and supported it by creating international partnerships. I am not exaggerating
when I say that the strategy Fellow Programme and FPs from IIMC are comparable to the best
in Asia.
Hari Sreekumar

Faculty, IIM Tiruchirappalli

I spent one of the most enriching periods of my life as a doctoral student at IIM Calcutta. The
FPM at IIMC offers an excellent combination of high quality theoretical inputs and sound
methodological training. Most importantly, the programme altered my perspectives on key
issues, and provided me with the ability to think critically, and question extant knowledge and
understanding. I would attribute substantial credit for this to IIM Calcuttas excellent faculty,
and especially to my thesis supervisor Prof. Rohit Varman. Prof. Varman and his fellow academicians
at IIMC symbolise what makes this institution so special a vibrant academic atmosphere, deep
understanding of research, and encouragement of multiple ways of exploring, learning and
knowing. Becoming a good academic is a long process that takes time and immense effort. For
those wishing to embark on this journey, IIMC would be a great place to start!

Raghunathan V.

CEO,GMR Varalakshmi Foundation//author and columnist// Ex.President ING Vysya Bank, Professor, IIM Ahmedabad (on
leave)//Adjunct Professor, Bocconi University, Milan, Italy and Schulich School of Business, York University, Toronto

IIMC was my first exposure to a serious institution of higher learning, and some of the outstanding
teachers I encountered made a deep impression not only as teachers but also as human beings
Professors SK Chakraborty, Shyamal Ghosh, and NK Rao, to name a few. IIMC gave me some
wonderful friends, including Prof. Ramu Aiyer, who remained my well-wisher and mentor for as
long as he lived. The verdant green of Joka, late nights spent rowing in the lake, sitting on the
tractor tyre in front of the hostels; and all those gallons of chais and the singharas and rossogollas
downed at Mihir Das at the front gate are some of my favourite memories! And yes, nothing
can detract from the fact that whatever career I was able to build for myself was built upon the
foundations laid at IIMC.

17

Apalak Khatua

Diptesh Ghosh

The distinct feature of IIM Calcutta FPM is its collegial academic environment and access to
diverse intellectual resources for pursuing interdisciplinary research and faculty members,
particularly from Behavioural Science Group, encourage this right from the beginning. Rigorous
doctoral course-work ranges from behavioural aspects of organizations to interdependence
between organizations and markets. Beyond regular classroom sessions and research seminars,
I have also learned enormously from mingling and bouncing ideas with other fellow colleagues
and faculty members during my doctoral day.

My decision to join the Fellow Programme at IIMC was, in retrospect, one of the best decisions
I ever took. Apart from the rigour that the programme instilled in me, I look back fondly at the
interactions that I had with my advisor and several other members of the faculty. They treated
me as a junior colleague, and this went a long way in making me confident in what I did, although
I was just starting out in academia. Even now, fifteen years later, when neither my advisor nor
I are still at IIMC, we remain the best of friends

Prithwiraj Nath

Nilanjan Ghosh

IIMC teaches you to be competitive and ensures that you build the necessary drive to achieve
it. The quantitative focus of IIMC improves not only your research skills but also your overall
decision making prowess. The Fellow Programme is benefited by the contributions of the
excellent teachers and researchers that IIMC has. They inculcate a sense of pride in your being
an IIMC Fellow. My doctoral supervisor provided me not only the necessary academic support
but the whole gamut of pastoral care needed at every stage of building a successful academic
career. I remain eternally grateful to him.

The most enriching phase of my life was spent at IIM Calcutta as a Ph.D. student. The programme
entailed a rigorous and relevant course-work, followed by ample independence to think, rethink, waste, and write. It has provided the perfect grooming ground for future thinkers of
society, whose scholastic contributions are not merely confined to ivory-tower research, but are
strongly rooted to reality. I cherish the memories and every bit of my association with IIM-C
even today.

Shubhashis Sengupta

Manjari Singh

What I learnt from my Fellowship at IIMCal

Intense and Inspirational culture

To be extremely focused and diligent.

Insightful academics

Time management and deadline orientation.

Vigorous Research Methodology

Knack of detailed problem understanding and assimilation (acquired during research phase)
that can be applied to many industry R&D projects

Life-changing Crossroad

Proximity to and learning from some of the sharpest minds (Professors, other FP students, PGP
students etc.)

Distinguished Professors

Faculty, XLRI Jamshedpur

Faculty, Norwich Business School, University of East Anglia, UK

Senior Manager and Head of Research, Accenture Technology Lab, Bangalore

Networking (that really helps a lot to grow professional

18

Faculty, IIM Ahmedabad

Chief Economist, Multi Commodity Exchange of India Limited and Vice President, Indian Society for Ecological Economics
(2012-14)

Faculty, IIM Ahmedabad

Friends for life

Meaning and direction to my career
and my very special thanks to my thesis advisor.

19

Fellow Programme Career Opportunities

Selected Publications

Bhattacharyya, Sanghamitra, and Devi Soumyaja.

Development of a Situational Judgement Inventory for
Measuring Practical Intelligence of Employees in the Context
of Transformational Organizational Change. Development
2, no. 3 (2010).

Ghosh, Chinmoy, John Harding, and B. V. Phani. Does

liberalization reduce agency costs? Evidence from the Indian
banking sector. Journal of Banking & Finance 32, no. 3
(2008): 405-419.

Bhaskar, Tarun, Manabendra N. Pal, and Asim K. Pal. A

heuristic method for RCPSP with fuzzy activity times.
European Journal of Operational Research 208, no. 1 (2011):
57-66.

Sundararajan, Ramasubramanian, Tarun Bhaskar, and

Padmini Rajagopalan. A parallel genetic algorithm for
propensity modeling in consumer finance. In Swarm and
Evolutionary Computation, pp. 377-385. Springer Berlin
Heidelberg, 2012.

Gubbi, Sathyajit R., Preet S. Aulakh, Sougata Ray, M. B. Sarkar,

and Raveendra Chittoor. Do international acquisitions by
emerging-economy firms create shareholder value?
The case of Indian firms. Journal of International Business
Studies 41, no. 3 (2010): 397-418.

Chittoor, Raveendra, M. B. Sarkar, Sougata Ray, and Preet S.

Aulakh. Third-world copycats to emerging multinationals:
Institutional changes and organizational transformation in
the Indian pharmaceutical industry. Organization Science
20, no. 1 (2009): 187-205.

Chittoor, Raveendra, Prashant Kale, and Phanish Puranam.

Business Groups in Developing Capital Markets: Towards
a Complementarity Perspective. Strategic Management
Journal (2014).

Chen, Guoli, Raveendra Chittoor, and Balagopal Vissa.

Modernizing without westernizing: Social structure and
economic action in the Indian financial sector. Academy of
Management Journal (2014): amj-2012.

Paul, Souren, Priya Seetharaman, Imad Samarah, and Peter

P. Mykytyn. Impact of heterogeneity and collaborative
conflict management style on the performance of
synchronous global virtual teams. Information &
Management 41, no. 3 (2004): 303-321.

Thakurta, Rahul, and Subhajit Dasgupta. Using system

dynamics modeling to investigate the impact of resource
management policies on project quality assurance under
requirement volatility. International Journal of Information
Processing and Management 2, no. 3 (2011): 1-9.

Kamath B, Narasimha, and Subir Bhattacharya. Lead time

minimization of a multi-product, single-processor system:
A comparison of cyclic policies. International Journal of
Production Economics 106, no. 1 (2007): 28-40.

Paul, Souren, Imad M. Samarah, Priya Seetharaman, and

Peter P. Mykytyn Jr. An empirical investigation of
collaborative conflict management style in group support
system-based global virtual teams. Journal of Management
Information Systems 21, no. 3 (2004): 185-222.

Verma, Nishant Kumar, Abhishek Chakraborty, and Ashis K.

Chatterjee. Joint replenishment of multi retailer with variable
20

The Fellow Programme in Management is aimed at producing

world class scholars in various fields of management research
and teaching. Our FPM alumni are working as faculty members
in premier institutions within the country and outside. Following
is an indicative list of institutions where our graduates are
working:

Indian Institute of Technology Kanpur

Indian Institute of Technology Kharagpur

University of Connecticut, USA

Lancaster University, UK

York University, Canada

Indian Institute of Management Calcutta

Norwich Business School, UK

Indian Institute of Management Ahmedabad

XLRI, Xavier School of Management, Jamshedpur

Indian Institute of Management Bangalore

Tata Research Development and Design Centre, Pune

Indian Institute of Management Tiruchirappalli

Syslabs, Infosys

Indian Institute of Management Lucknow

Accenture Technology Lab

Indian School of Business, Hyderabad

Deutsche Bank

replenishment cycle under VMI. European Journal of

Operational Research 233, no. 3 (2014): 787-789.

21

22

23