IIM Sambalpur

IIM Sambalpur (IIM-SBP) was one of the six approved IIMs during the 2014-15 budget session by the Indian Government. IIM-SBP opened its doors in September 2015. The initial batch of 49 students enrolled in the Post Graduate Program (PGP) at the time. The campus is located in close proximity to prominent enterprises, including MCL, HINDALCO, Vedanta, TATA Group, NTPC, L&T, and others, which provide students with the opportunity for real-world experiential education. The provisional location of IIM Sambalpur is located in Jyoti Vihar, which also hosts Sambalpur University, also the famous Medical and Engineering University in Sambalpur.

In this Article,

  • IIM Sambalpur Placements
  • IIM Sambalpur Summer Placement 2020-2022
  • IIM Sambalpur Summer Placement 2019-2021
  • IIM Sambalpur Summer Placement 2018-2020
  • IIM Sambalpur Final Placement 2020-2022
  • IIM Sambalpur Final Placement 2019-2021
  • The temporary campus is located in Sason, Sambalpur, in the beautiful scenery of Barapahad (Twelve Hills), at one end of the world’s longest earthen dam, Hirakud Dam, and is surrounded by mountainous, lush woods, making the town wonderfully picturesque and connected to nature until the main campus is completed. The Orissa government has allotted 237 acres of land in Basantpur for the main campus’ construction. Birdwatchers and animal enthusiasts will be surprised by the natural beauty of the forest, riverbed, and dam. The CAT exam score is used to shortlist candidates.

    Programmes Offered at IIM Sambalpur

    Program Name

    Accepted Entrance Exam

    Program Duration

    +

    Fee

    Eligibility Criteria

    Master of Business Administration (MBA)

    CAT Exam

    2 Years

    +

    1303000

    • Candidates must have a Bachelor’s degree with at least 50% grades or an equivalent CGPA. For SC/ST/PwD candidates, the minimum eligibility mark has been reduced to 45%.

    Executive MBA

    A valid CAT/GMAT/GRE score (not more than three years old as on 30/5/2022) or IIMSAT (Candidates not having a valid test score as above should appear for IIMSAT)

    2 Years

    +

    Rs. 10,00,000/-

    • A Bachelor’s Degree or equivalent qualification in any discipline with a minimum of 50% marks or an equal percentage is required.
    • As of the application deadline, you must have at least 3 years of post-qualification in management, entrepreneurial or experience in the industry.

    PhD

    CAT/IIMSAT

    4 Years

    • Master’s degree (under the 10+2+3 system, a Bachelor’s Degree followed by a Master’s Degree or Post Graduate Diploma in any discipline).
    • A B.Com degree combined with professional certification such as CA, ICWA, or CS, with at least 60% marks or an equivalent grade point average, in both the professional and B.Com degrees.
    • Bachelor’s degree in engineering (4 years/8 semesters)
    • After completing higher secondary schooling (10+2) or equivalent, a five-year Integrated Master’s degree programme in any discipline with at least 60% aggregate grades is required.

    Executive PhD

    CAT/GRE/GATE/GMAT/JRF (UGC/CSIR)

    Rs. 5.5 lakh

    +

    4 + 2 Years of coursework

    • It is necessary to have a Master’s degree in any discipline or an integrated (dual) degree from a reputed university.
    • A professional qualification such as CA, ICWA, or CS plus a B.Com degree with a minimum of 55% or an equivalent 4-year/8-semester Engineering bachelor’s degree.
    • Candidates from Scheduled Castes, Scheduled Tribes, Other Backward Classes (Non-Creamy Layer), and Persons with Disabilities will have their minimum marks relaxed by 5%.
    • It is necessary to have 5 years of full-time managerial, executive, or professional experience.

    MDP

    • MDP on ‘Art of Self leadership and managerial effectiveness’ for senior management

    2 days to six months, depending upon the requirement

    • MDP on ‘Strategic leadership for senior management
    • MDP on ‘Saksham – Leadership Competency framework’ for IOCL. MDP on Enhancing Academic Leadership Skills

    IIM Sambalpur Scholarships

    • IIM Sambalpur offers a full scholarship that covers all academic costs, including tuition, computers, libraries, medical insurance, placement, and alumni fees. A monthly stipend of Rs. 35,000/- for the first and second year is provided, and Rs. 40,000/- after submitting a TAC-approved thesis proposal would be paid for the next four years.
    • Because the PhD is a full-time residential programme, all students in the hostel will be supplied with bachelor accommodations. On the campus, a specific limit of residences for married scholars may be provided

    IIM Sambalpur Campus Life

    • With the beautifully landscaped mountains and grasslands, the IIM Sambalpur temporary campus is tranquil and away from the city’s bustle.
    • The city is about 20 kilometres from campus, and students can take the institute bus to get there.
    • The wi-fi-enabled facility includes the academic building, classrooms, dorms, and auditorium. The library has a large collection of print and virtual resources, including books, e-books, print and electronic periodicals, databases, case studies etc. The mess, 24-hour café, health care centre, and gym for fitness enthusiasts are all under construction in the hostel block.
    • Staff quarters are in the recently constructed “Greater Sambalpur” housing community, which is near to the campus and has all of the latest amenities and services.
    • Jharsuguda Airport is currently operational, and rail, road, and air transit are all available within an hour of the institute.
    • The Indian Institute of Management Sambalpur’s permanent campus would be erected on around 200 acres of land in Basantapur town, near Goshala, near Sambalpur City.
    • The most prominent element of the campus will be the integration of regional art into the building. Odisha’s indigenous IKAT – a patterned textile-dyeing technique, is elegantly mapped onto the brick facade in colours that match the state’s geology. On the institute’s campus, there are three hostel buildings, one for girls and two for boys. Twin-sharing rooms are assigned to IIM Sambalpur students. In the well-ventilated and well-equipped rooms, each student has a bed, almirah, mattresses, study tables, and chairs. The maintenance crew cleans the rooms on a daily basis. High-speed Wi-Fi is now available throughout the campus and can be accessed from any location. Each hostel has its own common area to satisfy the recreational demands of its residents.

    IIM Sambalpur Clubs and Committees

    Students at IIM Sambalpur participate in a variety of student activities and clubs. On the one hand, there’s the academic committee or Acadcom, which connects teachers and students. This committee deals with academic curriculum issues as well as student applications for deadline extensions on a regular basis.

    • Bears n Bulls: The Finance Club of IIM Sambalpur is called Bears n Bulls. It serves as a forum for bringing people around who really are interested in economics and finance. The group holds seminars and workshops on various aspects of finance so that anyone interested in finance can acquire more practical exposure and knowledge than classroom learning.
    • Entrepreneurship Cell: E cell’s mission is to assist potential entrepreneurs in developing an environment by providing a platform for them to interact and grow with a wide set of people, including investors, industry experts, and other ambitious entrepreneurs. Through numerous events such as lecture series, workshops, and competitions, the entrepreneurship cell tries to instil this in students.
    • HRidaya: HRidaya is a platform for HR enthusiasts to enhance their talents and expand their base of knowledge, as well as build HR skills among the student community and bridge current gaps through professional development. The club’s objective is to improve the student community’s industry-relevant HR competencies by offering proper guidance.
    • Magnum Opus: It is the Art Club at IIM Sambalpur, which serves as a forum for those who want to showcase their talent and exhibit their appreciation for the art they are interested in. The group assists people who are passionate about dance, music, and theatrics, as well as other forms of art and wish to grow and advance.
    • PIXEL: It is the institute’s photography and design club, founded by a group of photography aficionados. The club is in charge of the media database for all IIM Sambalpur events. The team also organises photography and designing competitions both offline and online, as well as filming the highlights of Ethos-IIM Sambalpur’s Culture, Arts, Business, and Sports Fest.
    • Sankalp: IIM Sambalpur’s social club aspires to make a meaningful contribution and offer back to the community through a variety of programmes. Its goal is to actively engage in guiding and assisting the underprivileged in order to contribute to their empowerment, improvement, and independence.

    IIM Sambalpur Placements

    IIM Sambalpur Summer Placement 2020-2022

    IIM Sambalpur’s summer placements for the 2020-2022 batch were completed for a total of 157 students. The Summer Internship placement procedure attracted almost 110 firms. Bajaj Allianz Life Insurance, ICICI Bank, Google, Bank of Baroda, Indian Oil Corporation Ltd., Tata Steel BSL, Tata Consultancy Services (TCS), and others were among the first recruiters for this placement campaign. Consulting, FMCG, IT/ITES, BFSI, and Edu-Tech were the most sought-after industries. There was a significant rise in the offers made by pharmaceutical, automotive, and e-commerce companies.

    Sector

    Percentage of Offers Made

    Education and Ed-Tech

    7.8 %

    Oil and Energy

    3.5%

    Others

    14.2%

    Manufacturing

    2.8%

    Chemicals and Pharmaceuticals

    2.1%

    IT/ ITES & Telecom

    11.3%

    FMCG & Consumers Goods/Services

    12.8%

    BFSI

    24.8%

    Consulting

    4.3%

    Overall Stipend Compensation

    Average Stipend

    INR 48,222/-

    Median Stipend

    INR 47,700/-

    Average of Top 25%

    INR 72,511/-

    Highest

    INR 1,70,000/-

    IIM Sambalpur Summer Placement 2019-2021

    The on-campus Summer Internship placement process for the Fifth Batch of IIM Sambalpur’s MBA programme proceeded quite successfully, with 85 organisations participating in the process for a total of 95 students. Walmart, Pantaloons, Bajaj Allianz General and Life Insurance, Bajaj Finserv, Ernst & Young, IBM, Jubilant Life Sciences, KPMG, Kotak Mahindra Bank, Tata Steel BSL, Boston Consulting Group, Google, McDonald’s, Amul, SIDBI, TCS, and others were among them. This year, there was a 40% rise in prospects across many disciplines, such as pharmaceuticals, advertising, BFSI, chemicals, consumer goods, and other industries.

    Sector

    Percentage of Offers Made

    Education and Ed-Tech

    10.8 %

    Automobile and Automation

    10.8 %

    Apparel and E-commerce

    8.1 %

    Others

    13.5%

    Chemicals and Pharmaceuticals

    8.1%

    IT/ ITES & Telecom

    13.5 %

    FMCG & Consumers Goods/Services

    10.8%

    BFSI

    16.2%

    Consulting

    8.1%

    Overall Stipend Compensation

    Average Stipend

    INR 55,432/-

    Median Stipend

    INR 50,000/-

    Average of Top 25%

    INR 82,640/-

    Highest

    INR 1,60,000/-

    IIM Sambalpur Summer Placement 2018-2020

    The Summer Internship Placements for its fourth batch of PGP participants were completed with a 100% placement rate. During this placement season, the institute hosted over 50 companies, many of which were first-time recruiters. Procter & Gamble, Ericsson, Ernst & Young, Aditya Birla Group, Hindalco, AGS, HDFC Bank, BRPL, ITC, Airtel, Bharat Petroleum, State Bank of India, ToneTag, and many other companies were among the prominent recruiters. Students were offered highly sought-after positions in BFSI, Sales, Marketing, Market Research, Business Development, Consulting, Operations, and Human Resources.

    Sector

    Percentage of Offers Made

    Sales and Marketing

    38%

    Advisory

    25%

    General Management

    11%

    Operations

    10%

    Finance

    4%

    Product Management

    4%

    Strategy

    4%

    Market Research

    3%

    Event Management

    1%

    Overall Stipend Compensation

    Average Stipend

    INR 168,000/-

    Median Stipend

    INR 50,000/-

    Average of Top 25%

    INR 1,07,413/-

    Highest

    INR 1,68,000/-

    IIM Sambalpur Final Placement 2020-2022

    Final placements for the 2020-2022 batch at IIM Sambalpur were completed successfully, with a 50% growth in new companies. Vedanta, Bajaj Allianz, Deloitte, ICICI Bank, Berger Paints, Ernst & Young, Amul, ICICI Prudential, Gartner, HDFC Bank, ZS Associates, Tata Steel, Infosys, Cognizant, Accenture, Capgemini, BYJU’s, and other leading firms visited the Sambalpur campus. Offers for roles in consulting, marketing, sales, brand management, project management, product management, operations and logistics, business analysis, and other sectors have been made to students at the institute.

    Sector

    Percentage of Offers Made

    FMCG/FMCD

    1.9 %

    Engineering/Manufacturing

    12.8%

    General Management

    8.1 %

    BFSI/NBFC

    16.2%

    IT Analytics

    46.2%

    Consulting

    10.9%

    Others

    9.6%

    Overall Stipend Compensation

    Median Batch

    11.42 L

    Median of Top 25%

    16.42 L

    Average Batch

    12.64 L

    Highest CTC

    26.19 L

    Highest Domestic Package Offered

    30 L

    Highest International Package Offered

    41 L

    IIM Sambalpur Final Placement 2019-2021

    Nearly 140 organisations visited IIM Sambalpur this season, including Bajaj Allianz, ZS Associates, Deloitte India, KPMG, Ernst & Young, Amul, Vedanta, SBI Life, Tata Steel BSL, Accenture, IBM, Ramco Systems, Tech Mahindra, Mindtree, ICICI Prudential, Trident, and others were among them. Graduates were offered a variety of lucrative positions in Marketing, Sales, BFSI, Operations, Consulting, HR, Analytics, and ITES, as well as highly wanted positions in Fintech, E-Commerce, FMCG, and other industries. IIM Sambalpur established new benchmarks and broke existing placement records by increasing the number of organisations visited for recruiting by more than 90%.

    Sector

    Percentage of Offers Made

    Finance

    7.6 %

    HR

    5.1%

    IT and Analytics

    19%

    Operations

    7.6%

    Sales and Marketing

    35.4%

    General Management

    17.7%

    Strategy and Consulting

    7.6%

    Overall Stipend Compensation

    Average Stipend

    INR 11,21,666/-

    Median Stipend

    INR 10,35,000/-

    Average of Top 25%

    INR 14,91,000/-

    Highest

    INR 21,00,000/-