IIM Sambalpur Admission 2024: PM Modi to Inaugurate Permanent Campus on Feb 3; High RoI B-School with Average Package at Rs.16.64 LPA; Final Selection through CAP and Own PI Round

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Updated on February 3, 2024
Spread in 200 Acre, the Permanent campus of IIM Sambalpur is being inaugurated by the Prime Minister of India, Shri Narendra Modi on February 3. One of the top 60 B-schools in NIRF Ranking 2023, IIM Sambalpur has registered 100% placements 2023 with 26% hike in Average Salary which has gone up at Rs.16.64 LPA. IIM Sambalpur will award 30% weight to CAT 2023 exam score and will award 25% weightage to PI round in final selection for the flagship MBA 2024-26 batch.
IIM Sambalpur Admission 2024

Honourable Prime Minister of India, Shri Narendra Modi, is inaugurating the 200 acre state of the art permanent campus of IIM Sambalpur on February 3, 2024 at Basantapur village. It is noteworthy that it was PM Modi who laid the foundation stone of IIM Sambalpur permanent campus. Establishment of IIM Sambalpur, located in the State of Odisha was announced by the Government of India in the Union Budget 2014. IIM Sambalpur commenced operation in 2015 with its first PGP batch comprising 49 students which has grown to 320 students for the 2024-26 batch.

IIM Sambalpur Permanent Campus: Key Highlights

The permanent state of the art campus of the Indian Institute of Management Sambalpur has been developed in an area of about 200 Acres at Basantapur village near Sambalpur City. It is 5 km from Hirakud Railway Station, 27 Km from District Headquarter Sambalpur, and 55 km from Jharsuguda Airport. In Sept 2018, the Government of India approved a budget of Rs.401.94 crores for facilitating the construction of the permanent campus. IIM Sambalpur had assigned NBCC (India) Ltd., A Govt. of India under the Ministry of Housing & Urban Affairs, for providing the “Project Management Consultancy” services for this project.

 

The phase I works have major buildings like Administration Building, Faculty Block, Academic Block, Auditorium Block, MDP Block including Guest House, Library & Incubation Block, Hostel buildings, Mess & Dining Block, Shopping & Activity Block, Sports & Recreation with OAT, Faculty Residence and Staff Residence, Directors Bungalow, Community Centre and Site development work.

The 4-star GRIHA rated sustainable campus follows energy efficient and ecologically sensitive principles of development. The campus will be 100% day lit in regularly occupied living areas and fresh air ventilated interior spaces. Treated water from STP will be used for irrigation and flushing. Use of LED lighting and ECBC complied energy efficient electric appliances will help in considerably reduced electricity consumption.

IIM Sambalpur Presently Operates from Temporary Campus
IIM Sambalpur, as of now, operates from the temporary premises allotted to it at Silicon Institute of Technology, Sambalpur. The temporary campus is equipped with hostel accommodation with spacious rooms and sufficient furniture. The hostel is in the vicinity of the first year classroom and in the premises of Silicon Institute of Technology, Sambalpur.

IIM Sambalpur, mentored by IIM Indore, is a fast emerging top B-school in the family of 20 IIMs and is now ranked among top 60 management institutes in the GoI MHRD NIRF rankings 2023. With more candidates showing interest to take admission in IIM Sambalpur, intake in its MBA programme has been rising. The seats for MBA 2024-26 batch have gone up at 320.

IIM Sambalpur has registered 26% hike in average salary which has gone up at Rs.16.64 LPA in Placement 2023 for MBA 2021-23 batch. IIM Sambalpur 2-year MBA Program is a full-time residential course and CAT 2023 is the mandatory exam for admission at IIM Sambalpur. IIM Sambalpur is participating in Common Admission Process (CAP) which comprises Online PI Round and is common for all the 10 IIMs which are participating in CAP 2024. CAT 2023 percentile score is the sole criteria for shortlisting for CAP round. However, IIM Sambalpur has announced lower cut off at 80 percentile for female and for candidates with 12 months+ work experience

IIM Sambalpur Admission 2024 Highlights
Key highlights for IIM Sambalpur MBA Admissions 2024 including IIM Sambalpur Fees Structure, Placements, Courses Offered are as below:

Programs Offered
MBA
Exams & Score Cut offs
CAT 2023 (94%ile for CAP Shortlisting; 80%ile for female and for candidates with Work Ex for own PI Round)
IIM Sambalpur MBA Fees
Rs.18,01,000
Placements 2023
Highest Package: Rs.64.61 LPA
Average Package: Rs.16.64 LPA
NIRF Ranking 2023
Ranked # 58 among top 125 B-schools.
IIM Sambalpur Shortlist Criteria 2024
Common Shortlist for CAP 2024 with minimum 94 percentile in CAT 2023
IIM Sambalpur Final Selection Criteria
30% Weight to CAT 2023 Score; 25% Weight to PI Round in CAP 2024; Profile 45% Weight

Based on the performance in CAP round and other components like CAT 2023 score, academics, diversity, work experience, final merit list will be prepared by IIM Sambalpur for MBA admission 2024. Read below all about the IIM Sambalpur admission criteria 2024, key USPs of IIM Sambalpur, cut offs, programs offered, Fees, Placements and more. 

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Table of Contents

  1. IIM Sambalpur Admission 2024 through CAP 2024: Key Details
  2. IIM Sambalpur: Key Highlights and USPs
  3. IIM Sambalpur Leadership
  4. IIM Sambalpur Programs offered
  5. IIM Sambalpur Fees
  6. IIM Sambalpur Intake
  7. IIM Sambalpur Placements 2023
  8. IIM Sambalpur Cut off & Shortlisting for CAP 2024
  9. IIM Sambalpur Shortlisting Cut off for Female & Candidates with Work Ex
  10. IIM Sambalpur Final Selection Process & Merit List
  11. IIM Sambalpur Admission 2024: Important Dates

1. IIM Sambalpur Admission 2024 through CAP 2024: Key Details
IIM Sambalpur is participating in IIM CAP 2024 which is the PI round and is common for 10 new IIMs. For MBA admission 2024 in following 10 new & baby IIMs, a Common Admission Process (CAP) will be conducted by IIM Kashipur. Registration process for CAP 2024 is open from January 20 to 29, 2024. The online PI round for CAP begins in February 2024. All the IIMs will follow common criteria at first stage shortlisting for CAP 2024. There is no registration fee to participate in CAP 2024

List of IIMs Participating in CAP 2024
The CAP round is organized for the IIMs which started operation in 2010-11 and for the new generation IIMs that started operating in 2015-16.  It is the final selection round comprising common PI process for following 10 IIMs which are participating in CAP 2024:

2. IIM Sambalpur: Key Highlights and USPs
Indian Institute of Management (IIM) Sambalpur is the third generation IIM set up in 2015 and has grown up to one of the top B-schools in India. The Key highlights and USPs of IIM Sambalpur are:

  • 2.1 Ranking & Accreditation: IIM Sambalpur is ranked # 58 in Govt. of India MHRD NIRF Ranking 2023 for 125 Management institutes. It has been ranked # 37 in MBAUniverse.com B-school Rankings 2024. The institute is presently a member of International Accreditation Agency AACSB.
  • 2.2 Awards Degree instead of Diploma: IIM Sambalpur is now empowered with the legal authority to award MBA degrees for its Post Graduate Programme in Management.
  • 2.3 High Intake: MBA at IIM Sambalpur has an intake of 320 students  
  • 2.4 Moderate Fee: IIM Sambalpur MBA programme fee is Rs.18.01 lakhs. The fee is much lower than is charged by other top IIMs and other top B-schools
  • 2.5 IIM Sambalpur Placement 2023: Average salary in IIM Sambalpur Placement 2023 increased by 26% at Rs.16.64 LPA. The highest salary in IIM Sambalpur Placement 2023 has gone up at Rs.64.61 LPA
  • 2.6 Top Recruiters: IIM Sambalpur is a favourite placement destination for top companies. Top recruiters in Placement 2023 included Microsoft, Vedanta, Tolaram, Amul, Adani, EY, Accenture, Cognizant, Deloitte, Amazon
  • 2.7 International Exchange: IIM Sambalpur has entered MoU with many International Universities and institutes for International Exchange and Immersion.  Some of the top international institutes include Alba Graduate Business School, Greece; Frankfurt School of Finance & Management, Germany; Woosong University, South Korea; CTBC Business School, Taiwan; Antwerp Management School, Belgium among others. The students of IIM Sambalpur who partake in the exchange program would spend an entire trimester at the host University at no additional academic fees.
  • 2.8 MBA offers High Standards of Excellence: IIM Sambalpur in Odisha is mentored by IIM Indore one of the top six IIMs in the country. IIM Sambalpur students have a rare opportunity to be taught by IIM Indore faculty. The faculty members from IIM Indore have been delivering courses at IIM Sambalpur. The overall design, quality & delivery of MBA course, is to the standards & with direct involvement of IIM Indore. The MBA program at IIM Sambalpur offers an orientation towards achieving excellence with maintaining high ethical standards and a capacity to work efficiently and effectively both individually  and in groups

IIM Sambalpur Leadership
One of the newest IIMs, IIM Sambalpur is led by its Director Dr. Mahadeo Jaiswal who is also Professor of Information Systems. Prior to this he was Professor and Dean at MDI, Gurgaon. He has done PGPX from MIT Sloan School of Management, USA, PhD in Computer Science from Delhi University and Sr. Fulbright Fellow from Carnegie Mellon University, USA. He has been Visiting Professor at IIM Ahmedabad and IIM Indore. 

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4. IIM Sambalpur Programs offered
IIM Sambalpur, apart from offering 2 years full time MBA programme leading to MBA degree, also offers MBA Executive and PhD programmes at its campus.

5. IIM Sambalpur Fees

  • IIM Sambalpur Fees for the 2 years MBA Program is Rs 18,01,000/-.
  • The total programme fees for the 2024-26 batch may increase to adjust inflation

6. IIM Sambalpur Intake
IIM Sambalpur has an intake of 320 students for its MBA programme.

7. IIM Sambalpur Placements 2023
IIM Sambalpur has completed final Placement 2023 achieving 100% placement yet again for the 7th MBA batch. This season has recorded 26% rise in average salary which has gone up at Rs.16.64 LPA from Rs.13.20 LPA last year, and a 29% rise in median salary which has gone up at Rs.16 LPA. Highest Salary has gone up by 147% at Rs.64.61 LPA in IIM Sambalpur placement 2023.

IIM Sambalpur has highly gender diverse class 2023 with 48% Female. Outperforming the male students, the Girls have got the highest package of Rs 64.61 LPA in domestic placement and Rs 64.15 LPA in International  placements, respectively. Prominent recruiters in IIM Sambalpur placements 2023 include Microsoft, Vedanta, Tolaram, Amul, Adani, EY, Accenture, Cognizant, Deloitte, Amazon among others Placement 2023 at IIM Sambalpur attracted recruiters from a variety of industries, including IT, Consulting, BFSI, FMCG, Ed-Tech, E-Commerce, Analytics, and Logistics. The average, median and maximum salaries at IIM Sambalpur have all increased significantly this year as compared to last year.

IIM Sambalpur Final Placement 2023: Key Highlights
A key highlight of IIM Sambalpur Placement 2023 is that now the candidates have started negotiating for better salary packages. With an increase in MBA batch size from 156 last year to 167 students for 2021-23 batch, IIM Sambalpur has yet again secured 100% placement. Key highlights of IIM Sambalpur placements 2023 are:

  • The average salary of the MBA batch has increased by 26.06% from 13.2 LPA to 16.64 LPA.
  • The median salary of the MBA batch has increased by 29% from 12.42 LPA to 16 LPA.
  • No. of Recruiters up at 130+ in Placement 2023.
  • Average Salary for the Top 10% Batch has gone up to Rs.31.69 LPA in 2023 from Rs 20.43 LPA last year
  • For the top 25% of the batch, average salary has increased from 18.79 LPA to 25.19 LPA
  • For the Top 50% of Batch average salary has gone us to Rs. 20.59 LPA in 2023 from Rs.16.39 LPA last year
  • The highest salary has increased from 26.19 LPA to 64.61 LPA.
  • Female students have excelled, with an average salary of Rs 18.25 LPA.
  • The largest batch size of the outgoing cohort participated in the placement, with Sales & Marketing emerging as the most popular sector, attracting over 27% of the batch, followed by General Management with 21%.
  • Top recruiters include Microsoft, Vedanta, Tolaram, Amul, Adani, EY, Accenture, Cognizant, Deloitte, Amazon among others

8. IIM Sambalpur Cut off & Shortlisting for CAP 2024
Only the candidates above the minimum cut-offs in the CAT 2023 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2023 are considered for shortlisting. The table below indicates the minimum performance expected from candidates to be shortlisted for the PI round in CAP 2024. However, achieving the cut-off percentile in CAT is a necessary but not sufficient condition for being shortlisted by IIM Sambalpur. 

Category
Section-1 VARC
Section-2 DILR
 Section-3 Quant
Overall CAT 2022 Percentile
General
73
73
 73
94
EWS
50
50
50
77
NC-OBC
50
50
50
77
SC
44
44
44
60
ST
25
25
30
40
DAP
25
25
30
40

Source: Based on IIM Sambalpur Admission Policy for MBA 2024-26 for CAP shortlisting 

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9. IIM Sambalpur Shortlisting Cut off for Female & Candidates with Work Ex
IIM Sambalpur has announced lower CAT 2023 cut off for its own PI round for female candidates and for candidates with work experience:

9.1 IIM Sambalpur CAT Cut off for Female Students: In the case of female candidates belonging to the general category, the cut off percentile is as below:

  • Overall cut-off percentile for eligibility for the PI process is over 80 percentile in CAT 2023
  • The sectional cutoffs is 65 percentile

9.2 IIM Sambalpur CAT cut off for Candidates with Work Ex: The Cut-off for candidates with prior work experience of 12 months and above is as below:

  • 80 and above percentile is the CAT cut off for Candidates with a minimum work experience of 12 months and above
  • Sectional percentile cut off is 65.

10. IIM Sambalpur Final Selection Process & Merit List
The scores obtained by the candidate in PA process of CAP 2024 would be considered for preparing the merit list. Following are the key components and weightage to each area which will be awarded while preparing final merit list for admission:

Component
Weightage Percentage
Remarks
CAT 2023 Overall Score
30%
CAT Scaled Score to be used and not the CAT Percentile. The formula is - CAT Score of the candidate divided by Maximum CAT Score among candidates who have applied to IIM Sambalpur and attended the PI process
Personal Interview (PI)
25%
Candidates who do not obtain a certain minimum score in the PI process would not be considered for the merit list. The minimum score would be decided by IIM Sambalpur at its discretion
Class 10 Percentage of Marks
  2%
Above 92% Marks
Class 12 Percentage of Marks
  5%
Above 92% Marks
Graduation Percentage of Marks
  8%
Above 92% Marks
Work Experience
 15%
Relevant Work Ex between 25 to 36 Months
Gender Diversity
 15%
Only for Women & transgender Candidates
Total Weightage points
100
After Final Selection Round

Source: IIM Sambalpur MBA 2024-26 Admission Policy

11. IIM Sambalpur Admission 2024: Important Dates
All the candidates who have registered and applied for CAT 2024, who have opted for admission in IIM Sambalpur in the CAT 2023 application form, and score the required cut off percentile, will be considered for next stage of IIM Sambalpur Admission criteria.  Important dates related to admission activities 2024 at IIM Sambalpur are as below:

IIM Sambalpur Admission activity
Important dates
Remarks
Admission 2024 Application Starts
August 2, 2023 (10 AM)
Apply for CAT 2023- tick on the IIM  Sambalpur program, choose preferred interview cities in the application form. No extra application fees to be paid.
Last date to Apply
September 21, 2023
Was extended by few days
CAT 2023 Exam
November 26, 2023
At 160 test cities in three slots on same day
Shortlist Announcement for PI (CAP Round)
January 20, 2024
For the Common Admission Process (CAP) 2024
Final selection (PI) round start date
February 2024
CAP 2024 is common for 10 new & baby IIMs and Will continue till March 2024
Submission of Confirmation of Interest online
March 2024
After CAP round 2024 is over
Final Admission Offer
April/May 2024
After receiving admission offer, confirm acceptance
 Session Commencement
July 2024
Selected Candidates to register online and pay acceptance fee before orientation

The students at IIM Sambalpur are getting the best learning experience and placement opportunities as IIM Indore has been mentoring all activities at IIM Sambalpur. Students at IIM Sambalpur have the opportunity to get learning from some of the best faculty members in the country today.

IIM Sambalpur experience combines the case study method supported by a team of high calibre faculty, and a tight-knit learning environment with close ties to industry to develop complete leaders who are ready to make an impact. 

Stay tuned to MBAUniverse.com for more updates on IIM Sambalpur 

Check IIM Admission 2024 Latest Selection Criteria, Cut Offs, Rankings, Placements

 

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