IIM Sambalpur Placement 2022: 100% Placements with 12.68% Rise in Average Salary at Rs.12.64 LPA; Bajaj Allianz, Amul, Amazon, Cognizant, Deloitte, EY among top Recruiters

MBAUniverse.com News Desk |
February 3, 2022
Achieving 100% Placement yet again, IIM Sambalpur has concluded final Placement 2022 for the 6th MBA 2020-22 batch with 12.68% rise in average salary which has gone up at Rs.12.64 LPA, and a 10.33% rise in median salary which has gone up at Rs.11.42 LPA and zero opt-outs. Highest Salary stood at Rs. 26.19 LPA. Top Recruiters include Amul, Amazon, Bajaj Allianz, Cognizant, Deloitte, EY among others
IIM Sambalpur Placement 2022

IIM Sambalpur has completed final Placement 2022 achieving 100% placement yet again for the 6th MBA 2020-22 batch with no opt-outs. This season has recorded 12.68% rise in average salary which has gone up at Rs.12.64 LPA from Rs.11.21 LPA last year, and a 10.33% rise in median salary which has gone up at Rs.11.42 LPA. Highest Salary has gone up at Rs. 26.19 LPA in IIM Sambalpur placement 2022.

65% of the batch opted for firms in IT and BFSI which emerged as the most sought-after sectors, followed by Consulting and Manufacturing. Amidst the pandemic, the current batch of 156 students was the first to adopt a hybrid model for academics and completed virtual campus placements successfully.

Placement 2022 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.

On completion of 100% Placement 2022, Prof Mahadeo Jaiswal, Director, IIM Sambalpur said, "IIM Sambalpur, the fastest-growing IIM, is uniquely located in the heart of the Industrial hub in India. The distinct pedagogy of the institute is a driver for building up a cadre of academically strong and technically efficient professionals, thereby creating responsible leaders for the future." 

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IIM Sambalpur Final Placement 2022: Key Highlights
A key highlight of IIM Sambalpur Placement 2022 is that now the candidates have started negotiating for better salary packages. Out of the total 156 students in the batch, all have accepted the job offers after negotiating with the recruiters to get better packages. Key highlights of IIM Sambalpur placement 2022 are:

  • Records 100% Placement 2022 in hybrid mode amidst pandemic
  • The Largest ever batch size of 156 students participated in Placement 2022
  • Highest CTC offered stood at 41 LPA international and 30 LPA domestic
  • The Highest salary secured has gone up at Rs.26.19 LPA in Placement 2022, with an increase of 24.71% from last year
  • Average salary Up at Rs.12.64 LPA in Placement 2022, an increase of 12.68% from last year which was Rs.11.21 LPA
  • Median salary Up at Rs.11.42 LPA, an increase of 10.33% in 2022 from Rs.10.35 LPA last year
  • The average CTC of the Top 25% batch has increased from 14.91 LPA to 17.11 LPA
  • Out of the total, 50% recruiters visited IIM Sambalpur for the first time
  • No student opted out this year from the placement cycle
  • Major sectors where students were recruited are IT, BFSI, Consulting, and Manufacturing
  • Top recruiters include Bajaj Allianz Life Insurance, Berger Paints, Amul, Vedanta, ICICI Bank, Amazon, Cognizant, Deloitte, HDFC Bank, EY, ZS Associate, Accenture Technology, Infosys, TATA Motors, Aron Global, Fareye, Darashaw, DHL, L&T among many others

IIM Sambalpur Final Placements: Key Trends
IIM Sambalpur Key Placement Trends are appended:

Final Placement Year
Average Salary (Rs. in Lakhs)
Median Annual Salary (Rs. in Lakhs)
Highest Annual Salary (Rs. in Lakhs)
2022 (Batch 2020-22)
12.64
11.42
26.19
2021 (batch 2019-21)
11.21
10.35
21
2020 (batch 2018-20)
10.5
10.87
18.95
2019 (batch 2017-19)
11.33
  9.23
20

Roles offered
IIM Sambalpur students were offered a myriad of lucrative roles across Marketing, Sales, BFSI, Operations, Consulting, Analytics, ITeS and bagged highly coveted roles in Fintech, E-Commerce, FMCG, and so on. Important roles and profiles offered by Recruiters are Management Consultant, Functional Consultant, Product Manager, Seniors Analyst, Research & Advisory, Business Analyst, Team Lead, Sr Consultant, Senior Analyst, Product Management, Credit Manager, Digital Marketing Manager, Project Manager, Sr. RM, Key Account Management, Inventory Planner among others

Top Recruiters in IIM Sambalpur Placement 2022
The final placement process for IIM Sambalpur witnessed more than 100 recruiters, out of which around 50% were first-time participants The placement season saw prominent recruiters from various industries making offers to students. The list includes past recruiters as well as new recruiters. Major recruiters from sectors like IT, business consultancy, FMCG, BFSI include Bajaj Allianz Life Insurance, Berger Paints, Amul, Vedanta, ICICI Bank, Amazon, Cognizant, Deloitte USI, HDFC Bank, EY, ZS Associate, Darashaw, Fareye, Aron Global, Accenture Technology, Infosys, TATA Motors, DHL, L&T, Tech Mahindra, ADP, VGuard, Capgemini, HCL Technologies, Byju's, IndiaMart, among many others.

50% First Time Recruiters in IIM Sambalpur Placement 2022
This year IIM Sambalpur also witnessed participation from 52 first-time recruiters. Some of the prominent new companies that participated in placement 2022 included Berger Paints, Hashedin, Cognizant, Bharat Serums, Darashaw, Fareye, L&T, TATA Motors, Anand Rathi, Amazon, Zycus, Career Launcher, ADP, Alfa Laval, and MTR Foods.

IIM Sambalpur Sectoral Placements 2022
IIM Sambalpur placement season 2022 saw participation from sectors like IT & Consulting which emerged as the most sought-after sectors, followed by BFSI & Manufacturing, with more than 65 percent of the batch opting for companies in these sectors.

Domain wise Placement
IT/Analytics followed by Consulting were the most sought after domains by the students. Apart from these, the students were offered prominent roles in Marketing, Finance, and Operations domains.

Mr. Sathish Chandra Velpula, Head of Corporate Relations at IIM Sambalpur said, "Owing to the relentless support of the faculty and students along with the placement cell, IIM Sambalpur achieved a stellar record of 100% placements, resonating with the standards of the institution. We would like to extend heartfelt gratitude to our industry stalwarts for their ardent support and belief in the caliber of students and the institute's unique academic culture."

The timely conclusion of final placement at IIM Sambalpur for its 6th batch has raised hope among the CAT 2022 aspirants and for those who were in a dilemma whether to join IIM Sambalpur compared to other old IIMs that they can now take a clear decision to join the IIM Sambalpur in Odisha.

Established in 2015, IIM Sambalpur is located in the State of Odisha. The B-school commenced operation with its first MBA (PGP) 2015-17 batch comprising 49 students. It has upped its intake to 156 students for the sixth batch.  Apart from its regular flagship 2 years full time MBA programme, IIM Sambalpur has also launched  2 year Executive MBA degree programme for working professionals in blended learning mode with a combination of online and offline classes from the year 2021. IIM Sambalpur also offers full time PhD and executive PhD programmes.

IIM Sambalpur, as of now, operates from the temporary premises allotted to it at Silicon Institute of Technology, Sambalpur. The institute will be relocating to the 200-acre permanent campus from the next academic year. To ensure that IIM Sambalpur realizes its full potential, the institute will continue to develop a culture of innovation, research, and greater experiential learning.

The students at IIM Sambalpur are getting the best learning experience and placement opportunities as IIM Indore is mentoring all activities at IIM Sambalpur till it moves to its permanent campus or IIM Sambalpur is able to handle these activities entirely on its own. The faculty from IIM Indore is also delivering courses at IIM Sambalpur. The overall design, quality and delivery of MBA course is in accordance with the standards and with direct involvement of IIM Indore. Students at IIM Sambalpur have the opportunity to get learning from some of the best faculty members in the country today.

IIM Sambalpur learning 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. 

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