Indian Institute of Social Welfare and Business Management (IISWBM)

The Indian Institute of Social Welfare and Business Management — IISWBM, College Square, affiliated to the University of Calcutta — is Kolkata’s quiet value answer. It is the oldest management institute in Eastern India, it charges Rs 8,30,000 for the entire two-year MBA (Day) where private PGDMs charge twice that, and it publishes its placement record the honest way: 87% of eligible students placed, with a median CTC of Rs 8 lakh, inside an annual report anyone can download.

How does admission work?

One line from the institute’s AICTE mandatory disclosure says it all: the MBA (Day) admits candidates “CAT qualified followed by GD & PI” across 120 sanctioned seats. The disclosure’s own cut-off table puts the bar at 55 percentile for general-category candidates (41.25 reserved) — a fraction of the IIM Calcutta bar, which is exactly why IISWBM belongs in a realistic Kolkata shortlist. Its sibling programmes run separate doors: the MBA (Evening) for working professionals via MAT, the MBA-HRM via CAT, and the MBA-PS via a wide net of CAT, MAT, CMAT, JEMAT, GATE, GMAT or ATMA.

The money, and the return, in official documents

The fee break-up effective from FY 2024 totals Rs 8,30,000 across two years (Rs 4,36,000 plus Rs 3,94,000), with Rs 10,000 of refundable deposits inside year one and hostel boarding estimated at Rs 3,500 a month without food. The Annual Report 2023-24 then gives the return side without makeup: of 109 MBA (Day) students, 83 were eligible for placement, 72 were placed — 87% — at an average CTC of Rs 7.7 lakh and a median of Rs 8 lakh, with recruiters from ICICI Bank and Deloitte to Dabur, TCS, Infosys, PwC AC and Shyam Metallics. Fee-to-median payback of barely a year is the honest arithmetic here.

Where does IISWBM fit in the city?

Below IIM Calcutta on brand, far below it on price, and above the private PGDM layer on transparency — no other Kolkata institute we profiled today publishes a batch-level placement table with an 87% figure intact. Aspirants weighing it against IMI Kolkata trade a university degree and low fee against a private brand and a wider exam menu. Our Kolkata city guide maps all four layers, and the West Bengal quota page explains the state-level routes (JEMAT, the vacant-seat rank-card rule) that sit beside these institutes.

How Udaan helps with IISWBM

We check the current admission window and brochure for you — the institute’s cycles are published on its own pages and change year to year — and we position IISWBM correctly in your shortlist: as the high-value, CAT-moderate option whose official documents we have already read, not as a backup someone sells you. If anyone quotes you an IISWBM “package” above the Rs 8.3 lakh official fee, the fee break-up linked below is the answer.

Official sources: IISWBM fee break-up (FY 2024) · AICTE mandatory disclosure · Annual Report 2023-24 · MBA (Day) admission process