IIM Sambalpur has completed final Placement 2023 achieving 100% placement yet again for the 7th MBA 2021-23 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.
On completion of 100% Placement 2023, despite global economic slowdown, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, expressed his gratitude towards government of India’s progressive policy and Industry’s belief in the calibre of students and the Institute's unique academic culture and core values ie Innovation, Integrity and Inclusiveness. Overall, the outstanding placements of the 2021-23 MBA batch at IIM Sambalpur demonstrate the Institute's commitment to providing students with the skills and knowledge needed to succeed in their chosen careers.
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 this year, 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
IIM Sambalpur Final Placements: Key Trends
More than 130 recruiters participated in the recruitment process at the institute, with 75 new recruiters making offers across various domains. The last six years’ placement trends at IIM Sambalpur are:
|
Placement year
|
Average Placement (Rs. in lakhs)
|
Highest Placement (Rs. in lakhs)
|
|
Placement 2023
|
16.64
|
64.61
|
|
Placement 2022
|
13.26
|
26.19
|
|
Placement 2021
|
11.21
|
21.00
|
|
Placement 2020
|
11.62
|
18.92
|
|
Placement 2019
|
11.33
|
58.00
|
|
Placement 2018
|
10.55
|
60.74
|
|
Placement 2017
|
9.15
|
13.80
|
Top Recruiters in IIM Sambalpur Placement 2023
This year's placement season witnessed participation from over 130 recruiters, with an increase of 44% in first-time recruiters aiming to find the best talent available on campus. The top recruiters include Microsoft, Tolaram, Adani, Vedanta, Micron, Aditya Birla, Jindal Group, Amul, GMR group, AM/NS India, Tresvista, Amazon, Accenture, Cognizant, ICICI, Bosch, Bluestone, Deloitte, EY, PwC, Gartner, Lowe's, Fullerton, Kansai Nerolac, Akzo Nobel, Crisil, Capgemini, Tata Power and many more.
Roles Offered
The students were offered prominent roles in Finance, HR, and Operations domains. The positions offered include 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.
IIM Sambalpur, established by the Government of India in 2015 with a vision to be an Institute of par excellence in nurturing responsible leaders with an entrepreneurial mind set, has been achieving 100% placements ever since its inception and has pioneered in introducing flipped classroom as learning pedagogy in its well-equipped digital and smart class rooms. The Institute is in the process of shifting to the newly build state-of-the-art campus with world-class infrastructure spread over 200 acres at Sambalpur.
The B-school commenced operation with its first MBA (PGP) 2015-17 batch comprising 49 students. It has upped its intake to 167 students for the seventh 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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