hostel allotment. There are separate hostels for MBAEx (formerly PGPEX) and PGPEX-VLM programmes. Single accommodation for MBAEx (formerly PGPEX) students is arranged in Management Development Center (MDC). Students pursuing other courses are usually provided accommodation in the Tata Hall, the guest house in the campus. Financial Research and Trading Lab Established in November 2008, the Financial Research and Trading Lab at IIM Calcutta gives an opportunity to students and faculty members to test financial models with "live" information from the major markets of the world like India's National Stock Exchange, Multi Commodity Exchange, National Commodity and Derivatives Exchange, Bombay Stock Exchange and Bloomberg. The lab is the only one of its kind in India, and has advanced industry-standard equipment and facilities including 51 trading terminals, trading simulators and Bloomberg Terminals. The lab is aimed to help in academic programmes, research on financial markets, product design and testing, executive education and in organising international and national conferences on finance. The laboratory gives students hands-on experience in financial market data analysis and modelling and also helps in advanced applied research in financial markets. New Campus The New Campus is composed of two large "houses" each accommodating 175 students in private rooms with attached balconies. An Executive Centre with 200 suites and rooms, having training and syndicate rooms and well fitted executive dining and recreation areas is well under construction. This new residential campus is connected to the existing campus via a steel bridge. In the main campus, a new Academic wing was opened in early 2011 that accommodates amphitheater lecture halls, computer laboratories, incubation areas, faculty offices, class rooms and syndicate rooms on five levels. The new campus plan and the new buildings are designed by the architect Christopher Charles Benninger of Pune, India. Academics Academic Groups and Centers of Excellence Business Ethics and Communication Group Economics Human Resource Management Management Information Systems Marketing Operations Management Organizational Behavior Public Policy and Management Strategic Management Rankings Worldwide, the Financial Times has ranked IIM Calcutta 21 in its Masters in Management Ranking 2020 and 42 in its Global MBA Ranking 2020. The QS Global 250 MBA Rankings 2020 ranked it 79 in the world and 12 in Asia. In India, IIM Calcutta was ranked third among management schools by the National Institutional Ranking Framework (NIRF) in 2022. It was ranked first in India by Business Todays "India's Top Five B-Schools Yearly Ranking In 2022"