The Indian Institute of Management Calcutta (also known as IIM Calcutta or IIM-C) is a business school located in Kolkata (Calcutta), India. It was the first Indian Institute of Management to be set up. Established in 1961, IIM Calcutta is a fully autonomous institution and offers several Post Graduate and Doctoral programmes, as well as a bouquet of Executive training programmes. IIM Calcutta awards only diplomas, and not degrees. In addition to its main academic programmes, IIM-C is also engaged in Research, Consultancy, seminars, academic conferences and research publications. The vision of IIM Calcutta is "to emerge as an International Centre of Excellence in all facets of Management Education, rooted in Indian ethos and societal values". IIM-C is especially renowned for its finance-related courses, and is widely considered to be the best B-school in India and one of the best in the world for finance. IIM Calcutta has, over the years, maintained an excellent reputation with recruiters and the industry in general, and has consistently achieved good placement figures.