IIM Sambalpur to be Triple Crown IIM in 2 Years: Director M Jaiswal at Convocation 2025; 60% Women Graduates Highlight Gender Diversity
IIM Sambalpur held its 9th Convocation on April 19, 2025, marking a milestone moment with Director Prof. Mahadeo Jaiswal announcing the institute’s aspiration to achieve the prestigious ‘Triple Crown’ accreditation within the next two years. The ceremony saw the conferral of degrees to 370 students across five programs, with women constituting an impressive 60% of the graduating MBA batch -- reflecting the institute’s strong commitment to gender diversity. Distinguished policy makers and industry leaders, including Dr. P.K. Mishra, Principal Secretary to the Prime Minister, and Padma Shri Arundhati Bhattacharya, Chairperson of IIM Sambalpur, inspired the students to pursue excellence in management and leadership.
370 Students from 5 Programs Graduate from IIM Sambalpur
On this occasion, 370 students were awarded degrees for five different programs including MBA (316 students), Executive MBA (38 students), MBA for Working professionals (10 students) and PhD scholars (6). The graduation ceremony also recognized outstanding academic achievement of the students as they received chairman’s gold medals for academic and extracurricular performance. Remarkably, Mr. GM Gupta, an 80-year-old entrepreneur, received his MBA degree for Working Professional Program.
Policy Makers, Industry Leaders Address Students
The convocation was graced by Dr. Pramod Kumar Mishra, Principal Secretary to the Honorable Prime Minister as the chief guest. Padma Shri Arundhati Bhattacharya, Chairman, Board of Governors, IIM Sambalpur and Chairman & CEO, Salesforce India & South Asia also dignified the occasion. Ashish Garg, Managing Director, Boston Consulting Group, was the Guest of Honour. Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, along with deans, faculty members, graduating students, and their parents, was present at the ceremony.
During his keynote address, Dr. Pramod Kumar Mishra, Principal Secretary to the Honorable Prime Minister, praised gender ratio, i.e., 60% females in MBA class of IIM Sambalpur and suggested that it should go even higher to 80%. While admiring world-class campus infrastructure, he added, “IIM Sambalpur in its decade of existence has earned a reputation for integrating various activities.”
Padma Shri Arundhati Bhattacharya, Chairman, BOG, IIM Sambalpur and Chairman & CEO, Salesforce India & South Asia, encouraged the graduating students and said, “Education is a lifelong journey. The world is evolving rapidly and you will face both opportunities and challenges. However, with the knowledge and skills that you have gained, you are well equipped to navigate any obstacle that can come your way.” She inspired the students by saying, “Everyday get up and decide that you will be a better version of yourself, you will be unique, you will take the world on, give your best every single day as if it’s the most important race that you’ll run in your life.”
“IIM Sambalpur to become a triple crowned IIM in 2 years”
In the welcome address, Prof Mahadeo Jaiswal, Director, IIM Sambalpur, highlighted the achievements of the institute over the past decade. He said, "This year, during the convocation, we celebrate ten years of IIM Sambalpur’s establishment. This marks the first instance in the history of any IIM or leading B-School in India where the number of females graduating students exceeds that of male students, with 60% females and 40% males.”
Prof Jaiswal further added, “We are in an advanced stage of being triple crowned IIM including AACSB, EFMD, and BGA. We hope to achieve these accreditations within the next two years, positioning us among the few Indian Institutes of Management (IIMs) with these prestigious international recognitions.”
The announcement is significant given that only a handful of business schools in India have achieved “Triple Accreditation”. Triple Crown or Triple Accreditation refers to a business school being accredited by the three top international bodies: AACSB, EQUIS and AMBA. IIM Calcutta, ISB, IIM Indore and SPJIMR Mumbai are triple accredited business schools in India. There are twenty-three (23) AACSB accredited business schools in India. There are eight (8) EQUIS accredited business schools in India.
IIM Sambalpur Placements 2025 Highlights
On the occasion, Prof Jaiswal shared details about IIM Sambalpur Placements 2025. “Despite the global economic slowdown, the 2023–25 MBA cohort witnessed participation from over 250 companies in the placement process. The highest domestic salary offered this year was ₹31.12 LPA, while the highest international salary reached ₹35 LPA. Leading recruiters included PwC, Accenture, Infosys Consulting, Tata Capital, Deloitte, Cognizant, and many others.”
However, Prof Jaiswal did not reveal the average salary of the batch, and if 100% placements 2025 are complete.
Stay tuned to MBAUniverse.com for latest updates on Indian MBA education.