KOLKATA: IIM Calcutta (IIMC) students have never had it so good as they gear up to head abroad for the international student exchange programme (STEP) in September. Of the 80 students who are off to the world’s leading B-schools, as opposed to 45 last year, 46 have been offered scholarships.
That’s a nearly 284% jump from the 12 scholarships that were awarded last year. In all, scholarships in excess of Rs 60 lakh have been given to the students this year, with several universities and foreign embassies offering scholarships to attract IIMCians.
The French Embassy and DAAD (German Academic Exchange Programme) have already offered 32 scholarships to IIMC students, each worth $3000. Among US universities, University of Colorado and City University of New York (CUNY) are also providing scholarships to participating students.
The Diamond Management & Consultancy Group has also offered a ‘Diamond Scholarship’, awarded to Prabhat Chandra, the only student in India to get this $3000 scholarship. Besides these, IIMC itself supplements STEP with contributions from its coffers, ensuring that no students miss out on this opportunity due to lack of funds. “IIMC helps its students in all possible ways - bulk airfare discounts, visa assistance, travel insurance and even arranging for French and German classes.
In addition, representatives from Thomas Cook, ICICI Lombard and STIC specially visited the campus to make arrangements for the exchange program participants at discounted rates,” said the STEP representative Gaurav Goyal. IIM Calcutta’s partner universities include Simmons School (Boston), Instituto de Empresa (Madrid), UCLA Andersen School of Management (Los Angeles), Universit Commerciale Luigi Bocconi (Milano), NUS (Singapore), ESCP-EAP (Paris) and 31 other well-known institutes.
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