Monday 13 June 2011

MBA Admissions 2011: Apply to B schools in Kolkata

Kolkata is the commercial capital of East India, located on the east bank of the Hooghly River. The city of Kolkata has 5.2 million residents, and the metropolitan area, including suburbs, has a population approximately 15.7 million, making it the third most populous metropolitan area in India and the 13th most populous urban area in the world. The city is also classified as the eighth largest urban agglomeration in the world. 

Since the year 2000, an economic rejuvenation has led to an acceleration in the city's growth. It is home to the Calcutta Stock Exchange — India's second-largest bourse
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As in many other Indian cities, information technology became a major growing sector in Kolkata since late 1990s, with the IT sector growing at 70% yearly — twice that of the national average.

In recent years there has been a surge of investments in the housing infrastructure sector with several new projects coming up in the city led by companies such as Tata Housing Development Company, DLF Limited and Unitech Group. 

Kolkata is home to many industrial units operated by large Indian corporations with products ranging from electronics to jute. Some notable companies headquartered in Kolkata include ITC Limited, India Government Mint, Kolkata, Haldia Petrochemicals, Exide Industries, Hindustan Motors, Britannia Industries, Bata India, Birla Corporation, CESC Limited, RPG Group, Texmaco Limited,  Bengal Ambuja, Philips India, Eveready Batteries, Coal India Limited, Damodar Valley Corporation, PwC India, Peerless Group, United Bank of India, UCO Bank and Allahabad Bank. 

Banking and Finance -- Kolkata is an important centre for banking and finance. At present it has the headquarters of three large nationalized banks Allahabad Bank, Uco Bank and United Bank of India. Several large financial companies and insurance companies are headquartered in Kolkata. Many Indian banks, multi-national banks and the World Bank have located their Branch offices operations in the city. All main banks from India have their branch office here. Also big financial banks like Standard Chartered Bank, Bank of America and HSBC Bank have office and branches in Kolkata. So Kolkata is a financial capital of East India and also one of the largest financial hubs in India.

The major industries in Kolkata include IT, Infrastructure, FMCG etc. Kolkata is home to many industrial units operated by large Indian corporations with products ranging from electronics to jute. 

Some notable companies headquartered in Kolkata include:

IT Sector: As in many other Indian cities, information technology became a major growing sector in Kolkata since late 1990s, with the IT sector growing at 70 per cent yearly — twice that of the national average. The major players of the IT Sector in Kolkata are Infosys Technologies Limited, Satyam Computer Services Limited, HCL Technologies Limited, L&T Infotech Limited, NIIT Technologies Limited, i-Gate Global Solutions Limited, etc. Salt Lake Sector V is the hub of the IT sector in Kolkata. 

Infrastructure: In recent years, huge investments are made in the housing infrastructure sector with several new projects coming up led by companies like DLF Limited and Unitech Group. 

FMCG - Hindustan Unilever LTD, Nestle India LTD, ITC India, Reckitt Benckiser India LTD, Agro Tech Foods LTD, Tata Chemicals LTD, Dabur India LTD Factory and many more.

Consulting firms: Aon Consulting, Deloitte Consulting, Ernst & Young, Frost & Sullivan, Hewitt Associates, SAP Consulting, Tata Consultancy Services, Wipro Technologies, to name a few.

Telecom: Vodafone, Airtel, Reliance Communications, Uninor, Idea Cellular, Aircel, Tata DoCoMo, Tata Indicom, Virgin Mobile and MTS India.

Health Sector: Apollo Gleneagles Hospitals Ltd, Dum Dum Medical Centre, The Calcutta Medical Research Institute, Renaissance Hospital Private Limited, etc.

Media: The Economic Times, The Financial Express, Times of India, The Telegraph, Business Line and Business Standard are the English Dailies which have their publications from Kolkata. Bengali 24-hour television news channels include STAR Ananda, Tara Newz, Kolkata TV, 24 Ghanta, Ne Bangla, News Time and Channel 10. Bengali newspapers like Anandabazar Patrika, Bartaman, Sangbad Pratidin, Jago Bangla, Aajkaal, Dainik Statesman and Ganashakti are widely circulated.

Kolkata also hosts Tollywood, the Bengali film industry, which is the biggest in Eastern India and also contributes to the Indian Film Industry through several national award winning movies.

Education Hub
B-schools in Kolkata have played a vital part in the industrial growth by proving quality human resources to the industries present in the city.

Kolkata is counted amongst the major education hubs in India. Kolkata houses 12 Universities and numerous colleges affiliated to them or to other universities located outside. The main universities of Kolkata are University of Calcutta, Jadavpur University and Vishvabharati University.

In terms of management education, Kolkata can be considered as the pioneer as the first institute in India to offer an MBA degree of any Indian university was set up here. The Indian Institute of Social Welfare & Business Management (IISWBM) was established in 1953. 

Also, the first IIM of the country was established in this city. IIM Calcutta has produced leading business minds in the nation like Indra Nooyi, Chairman, Pepsi Co. 

B-schools in Kolkata
If you want to pursue MBA in Kolkata then below is the list of some of the leading B schools in Kolkata. You can still apply to these B-schools and gain admissions to the batch of 2011-13:

Pursuing MBA in Kolkata offers many benefits to the aspirants who are studying in the B schools in and around the city. Among all the metropolitan cities, Kolkata has the lowest cost of living which attracts people from other states to settle in the city. This has made Kolkata a true cosmopolitan city. It has also increased the rush of MBA aspirants to B schools in Kolkata.

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