IIM Sambalpur Placement 2019: 100% Placement with Highest Salary at Rs.58 Lakhs

MBAUniverse.com News Desk |
April 9, 2019
Achieving 100% Placement, IIM Sambalpur has concluded final Placement 2019 for the third batch of PGP 2017-19 with highest salary at Rs.58 Lakhs offered by Tolaram Group. Average salary for the batch stood at Rs.9.33 lakhs. The highest CTC offered to the IIM Sambalpur student of PGPM 2017-19 batch has left behind many older IIMs and other top MBA colleges in their top salary packages in placement 2019
IIM Sambalpur Placement 2019

IIM Sambalpur has concluded final Placement 2019 achieving 100% placement for its third PGPM 2017-19 batch. The highest salary at IIM Sambalpur placement 2019 was Rs.58 lakhs recently. Tolaram Group offered this package to one of the IIM Sambalpur students – Jeeva Naga Kartik doing specialization in Business Development. Dr Mahadeo Jaiswal, the Director of IIM Sambalpur, has congratulated all outgoing students on the successful placement season..

The batch size of third PGPM batch at IIM Sambalpur has gone up to 60 students for the PGPM 2017-19 from 48 students for second PGPM 2016-18 batch. The highest CTC offered to the IIM Sambalpur student of PGPM 2017-19 batch has left behind many older IIMs and other top MBA colleges in their top salary packages in placement 2019. 

MBA/PGDM Admissions Open 2021 | Apply Now!
BITS Pilani MBA in Business Analytics WeSchool (Welingkar) Mumbai Admissions
BIMTECH Greater Noida, PGDM Admissions IFMR GSB-KREA University, MBA Admissions
Lexicon MILE Pune, PGDM Admissions 2021 Great Lakes PGPM & PGDM 2021
LIBA Chennai, PGDM Admissions 2021 ITM Navi Mumbai PGDM Admissions 2021
UPES University MBA Admission Open 2021 IMT Hyderabad PGDM Admissions 2021
MDI Murshidabad, PGDM Admission Open  SOIL Gurgaon 1 Year PGPM & 2 Year PGDM 
IBA Bangalore, PGDM Admissions Open JAIPURIA Group, PGDM Admissions open
NDIM New Delhi, PGDM Admissions 2021-23 IMT NAGPUR PGDM ADMISSIONS 2021-2023

Placement 2019 Highlights
A key highlight of IIM Sambalpur Placement 2019 is that now the candidates have started negotiating for better salary packages. Out of the total 60 students in the batch, 54 have accepted the job offers and 6 students are negotiating with the recruiters to get better packages. Last year there were 48 students and out of them 45 participated in placement process while 3 marched on to pursue their entrepreneurship dream. Some of the key placement highlights are:

  • Highest Salary offered: Rs.58 LPA
  • Average Salary for top 50 percentile bracket: Rs.12.04 LPA
  • Average Salary for the batch: Rs.9.33 LPA
  • 60 Students in the PGPM 2017-19 batch
  • Top Recruiters include Tolaram Group, Deloitte, HDFC, SBI Life, Vedanta among others

Key Placement Trends
IIM Sambalpur has recorded an Average Salary of INR 9.33 LPA with the top quartile of the batch bagging offers an average salary of INR 15.32 Lakhs.  Key Placement Trends are appended:

Placement 2019 components
Highest Salary
Rs.58 Lakhs (International Placement)
Average Salary for the Batch
Rs.9.33 Lakhs
Average Salary for top 25%ile
Rs.15.32 Lakhs
Average Salary for top 50%ile
Rs. 12.04 Lakhs
Total Batch Size
60 students

Roles offered
IIM Sambalpur students were offered important roles by Recruiters. Some of the key roles offered are AGM Marketing, Consultant, Equity Research Analyst, Executive Assistant to CEO, MGT - Global Alliance, Management Associate, Relationship Manager, Sales Manager, Young Professional, Management Trainee, Management Trainee - Marketing & PR, Management Trainee - Sales Planning, Area Manager, Assistant Manager, Business Analyst, Business Development Consultant, Business Development Manager among others.

Top Recruiters
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 Tolaram Group, Vedanta, SBI Life, HDFC, Motilal Oswal, Deloitte, Tata among others.

The conclusion of final placement at IIM Sambalpur for its 3rd batch has raised hope among the CAT 2019 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.

Establishment of IIM Sambalpur located in the State of Odisha was announced by the Government of India in the Union Budget 2014 alongwith the 5 other IIMs. IIM Sambalpur commenced operation in 2015 with its first PGP batch comprising 49 students.

IIM Sambalpur, as of now, operates from the temporary premises allotted to it at Silicon Institute of Technology, Sambalpur and will continue operating from there till the 200 acre campus of IIM Sambalpur gets ready in next few years. The premises are 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.

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 delivering courses at IIM Sambalpur during the mentorship period and till IIM Sambalpur own faculty are recruited.

The overall design, quality and delivery of PGP 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 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