IIM Sambalpur: Latest News, Events, Photos & Campus Reports

IIM Sambalpur is one of the premier management institutions in the country and is widely known for its quality education. Located in Sambalpur, Odisha, the institute is committed to providing excellent management education, harbouring a sense of entrepreneurship, and developing socially responsible leaders. IIM Sambalpur is known for its 2-year flagship MBA programme and admissions are held via CAT along with 8 other IIMs. IIM Sambalpur cut-off is 92 percentile. IIM Sambalpur's MBA fee is INR 13.04 Lakh, whereas IIM Sambalpur's average package stood at INR 16.64 LPA and IIM Sambalpur's highest package stood at INR 64.61 LPA for the 2023 batch.

Nurturing Future Leadership Programme: IIM Sambalpur Conducts Comprehensive Training for HEI Faculties

Date: June 26, 2024

National/Sambalpur, June 24, 2024: Aligned with the National Educational Policy, IIM Sambalpur conducted ‘Nurturing Future Leadership Programme’ (NFLP) under the Malaviya Mission Teacher Training Programme (MMTTP). The five-day residential programme was designed to equip faculty members from various universities with technical, managerial, and interpersonal dexterities for effective leadership in both administrative and academic roles within higher education institutions (HEIs). It also aims to cultivate a comprehensive understanding of effective leadership, identify challenges, encourage strategic thinking for managing organizations, and enhance cross-functional coordination, conflict resolution & consensus-building skills.

The inaugural ceremony commenced with an introductory session on "Strategic Leadership for Academic Governance & 21st Century Learning" led by Prof. Mahadeo Jaiswal, Director, IIM Sambalpur. During his address, Prof. Jaiswal took the example of Michael Porter, a renowned business theorist, who emphasizes the importance of strategy in business and said, "Many successful companies, particularly in China and Japan, focus on operational efficiency rather than strategic innovation. For Indian higher education, adopting a strategic approach is crucial for global competitiveness." The Director, IIM Sambalpur further said, "The emphasis was on improving quality and international rankings through enhanced research, innovation, and attracting global talent."

This was followed by Prof. Padmavathy Dhillon’s session on “Making Classroom Psychologically Safe Adaptive For Happy Classroom”. The day concluded with a profound session on “Understanding Institute Finance and Budget-Making and Financial Management” by Prof. Diwahar Sunder Nadar.

The second day began with the informative session on "Managing Performance Dynamics & Leadership" by Prof. Atri Sengupta, tracked by the session on “Effective Communication for Academic Leaders” and “Management Planning, Crafting, and Publishing High-Quality Research Papers” by Prof. Shilpi Kalwani and Prof. Saumya Ranjan Sahoo, respectively.

On the third day, Prof. Soumya G. Deb threw light on institutional challenges with a session on "Accreditation & Challenges of the Institution", which was followed by an informative session on "Ranking & Improving The Performances of the Institutes" by Prof. RK Padhy and "Fostering Academic Excellence Through Critical & Designing Things" by Prof. Poonam Kumar.

The fourth day guided enlightened participants with an insightful session on "Managing change in Academic Institutions" by Prof. Shikha Bhardwaj, followed by Prof. Padmavathy Dhillon’s session on “Team Management in Academic Institution” and Prof. Shilpi’s session on “Managing Self, Time, and Stress.”

The final day of the programme focused on “Engaging Stakeholders (Students/Community/Alumni)” presented by Prof. Sumita Sindhi. Prof. Siddharth Majhi then led a session on “Building Institute Brands in the Digital Era”. The training concluded with a session on “Designing/Preparing Delivering Research & Consultancy Projects”, followed by project presentations evaluated by Prof. Poonam Kumar and Prof. RK Padhy.

The programme witnessed the participation from IIT, Jodhpur; Banaras Hindu University, Banaras; Magadh University, Bodh Gaya; Visvesvaraya Technical University, Belgaum; Revenshaw University, Cuttack; Veer Surendra Sai University of Technology, Burla; Rajendra University, Bolangir; Ramadevi Women's University, Bhubaneswar and Central Sanskrit University, Puri.

IIM Sambalpur and NSE Academy Organize Roundtable Discussion on “Future-Ready FinTech Leaders for an Era of Technological Innovation”

Date: May 14, 2024

National, May 13, 2024: IIM Sambalpur and NSE Academy held a one-of-a-kind roundtable discussion on “Navigating Disruption: Future Ready FinTech Leaders for an Era of Technological Innovation” at NSE, Mumbai. The event was hosted by the Director of IIM Sambalpur, CEO of NSE Academy with the Dean of Sorbonne Business School (Paris) as guest and eight exuberant expert speakers from fintech and allied sectors. The event had more than fifty attendees from the BFSI industry, academia, and leading CXOs from the fintech industry.

The roundtable discussions explored the role of Fintech leadership in navigating and capitalizing on disruptions caused by technological innovation, regulatory changes, and generational dynamics.

The conversation started with highlighting the Fintech-induced changes in the banking industry such as neo-banking, open banking, and account aggregators. Further disruptors such as Buy Now Pay Later (BNPL), Algo trading, and embedded payments were also discussed. The narrative from the discussion emphasized the need to have specialized knowledge and skillsets to deal with challenges such as regulations, information security, financial inclusion, wealth creation, social impact, and market awareness amongst others. 

India currently stands as the third largest fintech hub worldwide and will generate almost $400 billion worth of business by 2030. This growth potential has led to a huge demand from the industry for skilled leaders and managers. Despite the existence of multiple certifications, it is the current need of the hour to equip new-age fintech managers and leaders with core competencies to manage fintech disruptions through comprehensive and specialized training. 

Identifying such a need, IIM Sambalpur in collaboration with NSE Academy has opened admissions for “MBA in Fintech Management.” The institution is also opening admissions to the dual degree program under which applicants can also gain an MBA in Financial Management degree from Sorbonne Business School, Paris. The programs are designed for working professionals and include a comprehensive curriculum with 17 specialized courses, immersion programs, incubator-assisted entrepreneurial training, corporate thesis, and individual development plan.

The course has been tailored in consideration to the schedules of working professionals and entrepreneurs, thus it will be delivered through a blended learning format. The program will be suitable for Fintech enthusiasts from the BFSI, IT, Insurance, Stock market, Personal Finance, Retail & e-commerce, Cryptocurrency, Cybersecurity, Data Analytics, Real estate, and allied industries. 

A person graduating from the program gains exhaustive technical knowledge in various topics of fintech such as Blockchain, Cryptography, Information Security, Payment systems, Regulations, Artificial Intelligence, Machine Learning, Risk Management, and Asset Management amongst others. The graduate gains entrepreneurial skills to run their own startup with a mentor and incubator. Intrapreneurship training will allow graduates to become ideal managers with the aid of institute-assisted individual development plans and corporate thesis. 

Owing to the collaboration of IIM Sambalpur with NSE Academy, Sorbonne Business School (Paris), and the presence of eminent industry personnel in the Program Industry Council, lecture delivery from experts is assured. In order to upskill the participants in an efficient manner, instructors will be from industry, international delegates, academia, and regulatory stakeholders. 

The roundtable marked the official launch of these industry-focused programs.

Key Information:

• For further details, please visit: https://iimsambalpur.ac.in/mba-in-fintech-management/
• Application Deadline: May 24, 2024
• For any inquiries, please contact at +91 8655647391

IIM SAMBALPUR’S 8TH ANNUAL CONVOCATION WITNESSES CONFERRING DEGREES TO 236 GRADUATING COHORTS

Date: April 30, 2024

IIM Sambalpur, one of the premier management institutions, achieved a significant milestone as the convocation ceremony witnessed the conferral of 236 degrees upon the 8th MBA batch (2022-24) and the first batch of Executive MBA (2021-23). The graduation ceremony also featured the recognition of outstanding academic achievements by Priya Pant and Roma Dash, as they secured the Chairman's Gold Medals for Scholastic Performance in the MBA and Executive MBA Programme, respectively. It was a matter of pride for IIM Sambalpur and a true testament to women's empowerment to witness two female awardees receiving the first rank in the prestigious awards. Moreover, it is to be noted that out of the top 10 scorers in the MBA batch, 6 of them were from the reserved categories.

Mr. Chandra Shekhar Gosh, Founder, MD & CEO, of Bandhan Bank, presided over the convocation ceremony as the Chief Guest. Mrs, Arundhati Bhattacharya, Chairman, BOG, IIM Sambalpur and Chairman & CEO, Salesforce India graced the occasion. Prof Mahadeo Jaiswal, Director, IIM Sambalpur, along with deans, faculty members, the graduating students, and their parents were present at the ceremony.

Mrs Arundhati Bhattacharya, Chairman, BOG, IIM Sambalpur and Chairman & CEO, Salesforce India, motivated the graduating students as they embarked on their professional journeys and said, “Self-management is paramount importance for achieving progress in all aspects of life and is the cornerstone of success. Without self-discipline, resilience, and the ability to navigate challenges with equanimity, one cannot truly master self-management."Mrs Bhattacharya further said, "If you cannot lead in times of crisis or step back during periods of steady growth, then you have not yet learned to manage yourself effectively. And without this foundational skill, no amount of management lessons will lead you to success. Therefore, I urge you to reflect on the importance of managing yourself as you leave here today.”

During his keynote address, Mr Chandra Shekhar Gosh, Founder, MD & CEO of Bandhan Bank, shared insights from his life journey and discussed the Human Development Index and its components such as per capita income and education. He also highlighted the challenges faced by individuals at the grassroots level, exemplified by the need to borrow money at exorbitant interest rates due to a lack of access to affordable finance. Mr. Gosh also gave a piece of advice to management passing batch and said, "First, try to find the people who are the best fit for the job, rather than requiring everyone to be highly skilled."

In the welcome address, Prof Mahadeo Jaiswal, Director, IIM Sambalpur, shed light on the achievements of the premier institute over 9 years and said, “This academic year at IIM Sambalpur has been remarkable progress towards the vision of becoming an institute of par excellence. The newly built campus witnessed the establishment of an i-Hub Incubation Center, the 9th Pan IIM World Management Conference, the 100 Cube Startup Conclave, tie-ups with international universities, the commencement of the Delhi Campus and the inauguration of the permanent campus of IIM Sambalpur, among others." Prof Jaiswal further said, "This batch is graduating into an exciting era, while the Indian economy is booming. India's current economic landscape has rich potential, for not only corporate giants but also startups funded by various stakeholders, including the government. India boasts over 98,000 startups and more than 110 unicorns, showcasing the vibrant entrepreneurial ecosystem in the country." Prof. Jaiswal imparted five success mantras to graduating students like embracing an owner mindset and not the corporate slave mindset, adhering to legal & ethical compliance, becoming problem solvers, taking calculated risks while maintaining professionalism, and learning innovation through technology.

During the Convocation Ceremony, out of 236 graduating students, 190 graduating cohorts received their MBA degrees, while 46 Executive MBA students graduated on this day. A total of five medals were awarded to the meritorious students of the graduating class. In the MBA programme, the prestigious Chairman's Gold Medal for Scholastic Performance was received by Ms Priya Pant from Uttar Pradesh for securing the 1st rank based on the highest CGPA, and the Director's Gold Medal for Scholastic Performance was awarded to Mr Aditya Kumar from Bihar for securing the 2nd rank based on the second highest CGPA. The IIM Sambalpur Gold Medal for the best all-around performance, based on scholastic achievements, extracurricular activities, and institutional building activities, was received by Mr Devashish Malkani from Uttar Pradesh. Additionally, for the Executive MBA, the prestigious Chairman's Gold Medal for Scholastic Performance was awarded to Ms Roma Dash from Odisha, recognising her as the 1st Rank holder with the highest CGPA, and the Director's Gold Medal for Scholastic Performance was received by Mr Binaya Bhusan Panda from Odisha, who secured the 2nd Rank with the second-highest CGPA. 

The ceremony was moderated by Mr. Amrut Mohanty, CAO-In-Charge, IIM Sambalpur.

Diverse Array of Leaders Share Success Mantras at TEDx IIM Sambalpur Event

Date: March 14, 2024

IIM Sambalpur, one of the premier management institutions ignites the young minds of students with TEDx Talks featuring a diverse array of visionaries from various parts of India. The distinguished speakers shared their vision and insights under the theme 'One More (S)mile,' which delved into the true nature of success and appreciated its continuous process. Dr. Sarita Mishra Kolhe, IRS, Principal Commissioner of Income Tax, Sambalpur graced the event as the Chief Guest. 

The leaders from the distinct sectors shared their wisdom and success mantras. They included Nikhil Chandwani, a bestselling author and social influencer; Namita Tiwari, a visionary marketing leader and business strategist; Mrinal Chakraborty, a master NLP and hypnotherapy trainer; Dr. Surakshith Battina, a renowned cosmetic gynecologist; Devan Bhalla, a trailblazing marketer; and Ankur Chaturvedi, AVP at Emami Ltd. and a certified ESG expert.

The event also featured speakers such as Sradhanjali Samantaray, a former captain of the Indian Senior National Women's Football Team; Cdr Ranjan Bhattacharya, Commander in the Indian Navy and a weapons specialist; and Anmol Ankita, a student icon of Odisha, who delivered a speech in Sansad Bhavan.

Mahadeo Jaiswal, Director, IIM Sambalpur, said, “TedxIIMSambalpur is not merely an event; it is an immersive experience that unleashes ideas, inspires minds, and celebrates the power of innovation. With a diverse lineup of speakers from various fields, the event sparks intellectual curiosity and fosters meaningful connections among students, it encourages them to broaden their horizons, challenge their assumptions, and develop a more nuanced understanding of complex issues. From thought-provoking talks to networking opportunities. It also creates a platform where individuals can share knowledge, challenge perceptions, and collaborate on initiatives that drive positive change.”

Faculties, staff, invited guests and students were also present during the event.

PM inaugurates, dedicates to nation and lays foundation stone for projects worth more than Rs 68,000 crore in Sambalpur, Odisha

Date: February 07, 2024

The Prime Minister, Shri Narendra Modi today inaugurated, dedicated to the nation and laid the foundation stone for projects worth more than Rs 68,000 crore in Sambalpur, Odisha aimed at boosting the energy sector involving natural gas, coal and power generation apart from important projects of road, railway and higher education sector. Shri Modi also took a walkthrough of the IIM Sambalpur model and a photo exhibition showcased on the occasion. 

Addressing the gathering, the Prime Minister said that today is a significant occasion for the development journey of Odisha as development projects worth approximately Rs 70,000 crores are launched today in the sectors of education, railway, roads, electricity and petroleum. PM Modi underlined that the people of Odisha belonging to the poor section, labourers, working class, business owners and farmers among all other sections of society will reap the benefits of today’s development projects. He further added that it will also create thousands of new employment opportunities for the youth of Odisha. 

The Prime Minister expressed delight in announcing the government’s decision to confer the ex-deputy Prime Minister of India, Shri Lal Krishna Advani with the Bharat Ratna. PM Modi lauded the unparalleled contributions of Shri Advani as the Deputy Prime Minister, Home Minister and Information and Broadcasting Minister of India as well as decades of experience as a distinguished and loyal Member of Parliament. “Honouring Advani ji with the Bharat Ratna is a symbol that the nation never forgets those who dedicate their lives to its service”, PM Modi asserted. The Prime Minister thanked his good fortune for the love, blessings and guidance shown by Shri L K Advani upon him, and prayed for his long life as he congratulated him on behalf of all citizens. 

The Prime Minister said that in order to make Odisha a hub of education, and skill development, continuous efforts have been put in by the Central government. The fate of Odisha’s youth has changed with the setting up of modern educational institutes like IISER Berhampur and Bhubaneshwar’s Institute of Chemical Technology in the last decade. Now, with the establishment of IIM Sambalpur as a modern institute of management, the state’s role is being further strengthened. He recalled laying the foundation stone of IIM (Indian Institute of Management) during the pandemic and praised those associated with its completion amidst all the obstacles. 

“The goal of a Viksit Bharat can only be achieved if all the states are developed”, PM Modi remarked, as he mentioned lending maximum support to Odisha in every sector. Highlighting the efforts of the central government in the last 10 years, the Prime Minister mentioned Odisha’s petroleum and petrochemicals sector witnessing investments worth about Rs 1.25 lakh crores, the state’s railway budget getting a boost of more than 12 times, the construction of 50,000 kms of roads in Odisha’s rural areas under PM Gram Sadak Yojna and 4,000 kms of National Highways. Referring to today’s inauguration of three National Highways projects, the Prime Minister informed that interstate connectivity between Odisha and Jharkhand would reduce along with traveling distance. Noting that the region is known for its potential in mining, power and steel industries, PM Modi said that new connectivity will create possibilities for new industries in the entire region, thereby creating thousands of new employment opportunities. He also touched upon the doubling of Sambalpur-Talcher rail section and the inauguration of new rail line from Jhar-Tarbha to Sonpur section. “Subarnapur district will also connect through Puri-Sonpur Express making it easier for devotees to perform darshan of Lord Jagannath”, he said. Shri Modi mentioned that the supercritical and ultra-supercritical thermal plants inaugurated today will ensure adequate and affordable electricity for every family in Odisha. 

“Odisha has greatly benefited from the policies made by the Central Government in the last 10 years”, the Prime Minister said, as he mentioned that Odisha's income has increased 10 times after the change in mining policy. Pointing out that the earlier policy where benefits of mineral production were not available to those areas and states where mining took place, the Prime Minister asserted that the issue was addressed with the formation of the District Mineral Foundation which ensured investments in the development of the same area from income received through mining. “Odisha has so far received more than Rs 25,000 crores and the money is being used for the welfare of the people in the area where mining is taking place”. Concluding the address, the Prime Minister assured the people of Odisha that the Central Government will continue to work for the development of the state with the same dedicated spirit.

Governor of Odisha, Shri Raghubar Das, Chief Minister of Odisha, Shri Naveen Patnaik, Union Minister of Education, and Skill Development and Entrepreneurship, Shri Dharmendra Pradhan and Union Minister for Railways, Shri Ashwini Vaishnaw were present on the occasion among others. 

Background

In line with the Prime Minister’s vision to strengthen the energy security of the country, the inauguration, dedication to the nation and foundation stone laying of multiple projects aimed at boosting the energy sector were done in the public program in Sambalpur, Odisha. 

The Prime Minister inaugurated ‘Dhamra – Angul Pipeline Section’ (412 Km) of ‘Jagdishpur-Haldia & Bokaro-Dhamra Pipeline Project (JHBDPL)’. Built at a cost of more than Rs 2450 crore under the ‘Pradhan Mantri Urja Ganga’, the project will connect Odisha with the National Gas Grid. The Prime Minister also laid the foundation stone of ‘Nagpur Jharsuguda Natural Gas Pipeline Section’ (692 Km)’ of Mumbai-Nagpur-Jharsuguda Pipeline. The project, which will be developed at a cost of more than Rs 2660 crore, will improve the natural gas availability to states like Odisha, Maharashtra and Chhattisgarh.

During the programme, the Prime Minister dedicated to the nation and laid the foundation stone of multiple power projects worth about Rs 28,980 crore. The projects to be dedicated to nation include NTPC Darlipali Super Thermal Power Station (2x800 MW) and NSPCL Rourkela PP-II Expansion Project (1x250 MW) in Sundargarh district of Odisha. He also laid the foundation stone of NTPC Talcher Thermal Power Project, Stage-III (2x660 MW) in Angul district of Odisha. These power projects will supply low-cost power to Odisha as well as several other states.

The Prime Minister laid the foundation stone of the Neyveli Lignite Corporation (NLC) Talabira Thermal power project worth more than 27000 crore. Strengthening the Prime Minister’s vision of Atmanirbhar Bharat, this state-of-the-art project will provide reliable, affordable and round-the-clock power contributing significantly to the nation’s energy security and playing a vital role in the country’s economic growth and prosperity.

The Prime Minister inaugurated coal infrastructure projects of Mahanadi Coalfields Limited including First Mile Connectivity (FMC) projects - Bhubaneswari Phase-I in Talcher Coalfields in Angul district and Lajkura Rapid Loading System (RLS). Built at a cost of about Rs. 2145 crore, these projects will boost the quality and supply of dry fuel from Odisha. The Prime Minister also inaugurated Ib Valley Washery, built at a cost of over Rs. 550 crore in Jharsuguda district of Odisha. It will mark a paradigm shift in coal processing for quality, signifying innovation and sustainability. The Prime Minister dedicated to the nation a 50 km long second track of Jharsuguda-Barpali-Sardega rail line Phase-1 built by Mahanadi Coalfields Limited, with an investment of Rs 878 crore.

The Prime Minister also inaugurated three National Highways road sector projects, developed at a cumulative cost of about Rs 2110 crore. The projects include four laning of Rimuli-Koida Section of NH 215 (New NH No. 520), four laning of Biramitrapur-Brahmani Bypass end section of NH 23 (New NH No. 143) and four laning of Brahmani Bypass End-Rajamunda Section of NH 23 (New NH No. 143). These projects will enhance connectivity and also contribute towards the economic development of the region.

Further, the Prime Minister dedicated to the nation and laid the foundation stone of railway projects worth about Rs. 2146 crore. He laid the foundation stone for the redevelopment of Sambalpur Railway Station, whose architecture is inspired by the Sailashree Palace. He also dedicated the Sambalpur- Talcher Doubling Railway Line (168 Kms) and Jhartarbha to Sonepur New Railway line (21.7 Kms), enhancing the rail network capacity in the region. The Prime Minister also flagged off Puri-Sonepur-Puri Weekly Express, improving connectivity for the rail passengers in the region.

The Prime Minister also inaugurated the permanent campus of IIM Sambalpur. Further, he dedicated the Jharsuguda Head Post Office Heritage Building to the nation.

IIM Sambalpur and NSE Academy Inks MoU to Launch PG Program in Fintech for Working Professionals

Date: February 01, 2024

IIM Sambalpur, one of India's premier management institutions, signed an MoU with NSE Academy Limited, a wholly-owned subsidiary of the National Stock Exchange (NSE), to offer joint certification programs, tailored for working professionals. This collaboration is strategically designed to introduce specialized certification courses addressing the dynamic needs of the Financial and Technology Sectors. During the MoU Signing Ceremony convened at the campus of IIM Sambalpur, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur and Abhilash Misra, Chief Executive Officer, NSE Academy Limited signed the pact.

It is to be noted that as part of the MoU, IIM Sambalpur will launch programmes including the first MBA in Financial Technologies (Fintech) and a Post Graduate Program in Management at the Sambalpur and Delhi ISID campuses. These programs will be facilitated jointly by distinguished faculty members and industry experts from IIM Sambalpur and NSE Academy. This will provide participants with a comprehensive understanding of the intricacies of the financial and technology domains.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, highlighted the institute's unique approach with reference to the collaboration with industry, academia and societal, said, "The collaboration with NSE Academy Limited aligns with IIM Sambalpur's ethos of fostering industry-relevant education and expanding global outreach." Prof. Jaiswal added, "The institute's expansion includes three distinct campuses, featuring a corporate office at Sambalpur and campus at the ISID complex in New Delhi, where MBA working professional programs have been underway since last year. Moreover, the third campus will be a collaborative venture with IIM Mumbai to facilitate various programs. The Executive Education Programme with NSE Academy will run at the Campuses of Sambalpur, Delhi and Mumbai. We are having dual degree program on Fintech with Sorbonne Business School, Paris and also partnering with NSE Academy Limited for the same”.

Mr Abhilash Misra, Chief Executive Officer, NSE Academy Limited, said “This collaboration presents a unique synergy, leveraging the academic excellence and collective wisdom of the IIM Sambalpur’s esteemed academicians, professors, and researchers. The industry perspective, contributed by the IIM Sambalpur will add valuable insights and real-world applications to future technology programs. Strengthened by the industry's leading fin-tech expertise, the partnership between the NSE and IIM Sambalpur will promise to bring forth a wealth of knowledge and practical application.”

Innovation, Design, and Entrepreneurship (IDE) Bootcamp Aims to Cultivate Nationwide Entrepreneurial Skills

IIM Sambalpur, one of India's premier management institutions, hosted the 5-day "Innovation, Design, and Entrepreneurship (IDE) Bootcamp (Phase II)" at its campus. Organized by the All India Council for Technical Education (AICTE) & Ministry of Education's Innovation Cell (MIC), the bootcamp was inaugurated by Prof. T. G. Sitharam, Chairman - AICTE in virtual mode from AICTE Headquarters, New Delhi. As many as 81 start-ups are participating in the bootcamp from the States like Maharashtra, Odisha, Karnataka, Uttar Pradesh, Gujarat, Kerala, West Bengal, Tamil Nadu, Chhattisgarh, out of them 40 startups are from Odisha.

The Chief Guest, Prof. T. G. Sitharam Chairman AICTE, Govt. of India acknowledged the successful completion of six IDE boot camps in phase-one and said, "The commencement of phase-two at ten locations of the Innovation, Design, and Entrepreneurship Boot Camp marks the unique initiative envisioned by Hon'ble Prime Minister Shri Narendra Modi. The goal is to nurture innovation, design, and entrepreneurial skills among the youths of India.

Prof Mahadeo Jaiswal, Director, IIM Sambalpur, shared, "This initiative aligns with the vision of our Hon'ble Prime Minister, Shri Narendra Modi, who envisions India leading in the startup age. In today's world, power can be classified into hard power and soft power, and innovation is a crucial element of soft power. Research, innovation, and entrepreneurship are interlinked components of soft power. India is making strides in research and innovation, with efforts to reposition it from a lower rank, albeit challenging in funding. However, in entrepreneurship and startup India is among top three position in the world.

Prof Jaiswal further said,” It is important for students and innovators to become the job givers and creators rather than job seekers. The focus should extend beyond completing the curriculum. He said, "Innovation is the key to the future of every nation, and it has the power to shape industries, revolutionize markets, and leave a lasting impact on the world."

The introductory address was given by Prof Diwahar Nadar, faculty of IIM Sambalpur while the event was concluded with a vote of thanks by Prof Ishika Jaiswal, faculty of IIM Sambalpur.

On the first day, the participants showcased their innovations in the exhibition. On the fourth day, the local tour will be arranged for the participants to provide them with real-world insights, networking opportunities, and creative inspiration, enhancing their entrepreneurial mindset. On the final day, the student teams pitch their innovations in front of expert panels consisting of startup founders, incubators, lP experts, angel Investors and VCs & knowledge agencies. The IDE Bootcamps exemplify the government's commitment to fostering a culture of innovation and entrepreneurship, propelling India towards becoming a global hub for innovation-driven enterprises.

Directors of Prestigious IIMs Illuminate Paths to Enhance Managerial Capacities and Foster Collaboration

Date: January 30, 2024

The 9th PAN-IIM World Management Conference (WMC) at IIM Sambalpur concluded with a number of thought-provoking Panel Discussions including IIM Directors’ Panel, Accreditation Panel, CHRO Panel, among others. 

While AICTE Chairman Dr TG Sitharam shed light on Initiatives to Shape Leaders and Drive World’s Third Largest Economy during the valedictory session, the Directors’ Panel was focused on "Building Managerial Capacities to Enhance Collaboration Between Industry and Society." During the Director’s Panel Discussion Prof. Mahadeo Jaiswal, Director, IIM Sambalpur; Prof. Kulbhushan Balooni, Director, IIM Kashipur; Prof. Rishikesha T Krishnan, Director, IIM Bangalore; Prof. Bhimaraya Metri, Director, IIM Nagpur, and Prof. BS Sahay, Director, IIM Jammu, Prof. Umakant Dash, Director, IRMA; shed insights on enhancing collaborations between society and industry as well as effective management practices.

Prof Mahadeo Jaiswal, Director, IIM Sambalpur, shared, "The ecosystem at IIM Sambalpur, centered around the principles of Innovation, Inclusiveness, and Integrity, which has significantly contributed to our distinctiveness. Our commitment to inclusiveness prompted a notable change in our admissions policy to strive for a better gender balance. Furthermore, he cited about a project empowering traditional weavers, resulting in significant sales turnover growth and said, "Our Master Weavers project, called BunkarValleys.com, aims to digitalize as well as connect the products and businesses of master weavers to digital marketing platforms like Flipkart and ONDC. Such initiatives illustrate that we are working for a larger society and not only for big industries." 

Valedictory Programme:

During the valedictory address, the chief guest Prof. (Dr.) T G Sitharam, Chairman of the All India Council for Technical Education (AICTE), Govt. of India, emphasized the pivotal role India must play in the 21st century, stating, "We are entering an era where India will be a global leader. Quality, skilling, and leadership are our key weapons, and this conference has fueled our fire to forge a brighter future." Recognizing the immense strides India has taken in research, innovation, and entrepreneurship, Dr. Sitharam informed, "Today, India is the fifth largest publisher of research papers and patents globally. We are poised to become the third largest economy by 2027, a testament to the power of our youth and infrastructure development. AICTE is committed to empowering the next generation of leaders and innovators.” On the occasion, Prof Mahadeo Jaiswal, Director, IIM Sambalpur and Prof. Padmavathy Dhillon, Conference Co-Chair shared their vision and experiences for organizing the PAN IIM WMC at IIM Sambalpur.

On Day-2, the Keynote address on ‘Digital Governance and Public Policy’ was delivered by Dr. Sudhanshu Sarangi, IPS, Director General, Fire & Emergency Service, Commandant General, Home Guards and Director, Civil Defence, Odisha. During the CEO Panel Discussion on the topic ‘Develop Strategies to address Challenges of implementing ESG initiatives’ Mr. Sachin Trivedi, Director, Deloitte Consulting; Mr. Ratnesh Jha, Executive Director, UN Global Compact; Ms. Shraddha Danani, Tech-Entrepreneur and Mr. Keshav Rao, Director (Personnel), MCL Auditorium shared the sustainable practices adopted by their organizations. During the Start-up Round Table Discussion, Mr. Maninder Singh Bawa, Mr. Gaurav Kedia, Mr. Deepak Sharma ,Shristi Arora and Mr. Pradip R Subramaniam shared their entrepreneurial journey, the challenges and opportunities. 

The Day-3 started with the Keynote Address by Ms Amy Menon, Regional Head, South Asia, AACSB and Prof. Rishikesh T Krishnnan, Director, IIM Bangalore. Similarly, during the Accreditation Panel Discussion Dr. Ravi Kumar Jain, Director, Sparsh Global Business School, Noida; Mr. Nishit Jain, EFMD; Prof. Sanjay Padode, Chairman, Centre for Developmental Education, JAGSoM; Prof. DK Mahalik, Sambalpur University; Prof Atish Chattopadhyay, Director, JAGSoM, Bangalore and Prof. Bidhu Bhusan Mishra, VC, Sambalpur University shared the practices for maintaining the standards and upholding the quality of B-School education standards. 

The CHRO Panel Discussion on 'Building organizational skills for the Industry 4.0 world' witnessed the eminent speakers like Mr. Devi Prasad Dash, CHRO, Apollo Health and Lifestyle Limited; Ms. Jaya Suri, CHRO, Kimbal Technologies; Ms. Jayanthi Jagannath, CHRO, K&S Partners; Mr. Krishna Padhi, Head HR, Hindalco Ltd, and Mr. Subrahmanya Sastry, Partner, PWC. The participating speakers delved into crucial aspects of challenges posed by Industry 4.0, exploring strategies for human resource development. 

During the interaction with editors of Top Tier Research Journals Prof. Varsha Jain, AGK Chair Professor of Marketing, MICA, Ahmedabad; Prof. K. Mathiyazhagan, Chairperson of the Research Centre, Thiagarajar School of Management, Madurai; Prof. Dongmei Cao, Nottingham Business School, Nottingham Trent University, United Kingdom; and Prof. Surajit Bag, Program Director, MSC. Supply Chain Research Center, Léonard de Vinci Pôle Universitaire, France, shared their valuable insights in terms of presenting the Research Paper. 

The event witnessed as many as 712 active participations across various categories, including 18 participants for the Doctoral Consortium, 29 contributors presenting Case Studies with teaching notes, and 665 submissions in the form of Extended Abstracts for Research, Conceptual papers, full papers. 

The workshop on the Case Writing & Teaching convened by Prof. (Dr.) Gita Bajaj. The conference also saw inspirational session by the famous motivational speaker, Mr. Shiv Khera. 

It is to be recalled that the 4-Day 9th PAN IIM World Management Conference (WMC) was organised at IIM Sambalpur from Sunday, January 21, 2024, to Wednesday, January 24, 2024, with the theme "Entrepreneurial Innovation and Digital Governance for Inclusive and Sustainable Growth.”

IIM Sambalpur Spearheads Agricultural Education Advancements with Specialized FDP

Date: January 11, 2024

Sambalpur, January 11, 2024: IIM Sambalpur, one of the premier management institutions, conducted a Faculty Development Programme (FDP) for executives of Bhubaneswar-based Odisha University of Agriculture and Technology (OUAT), at its campus. The residential program was conducted for as many as 36 mid-career faculty members in two separate batches, with a focus on their professional growth and development in the ever-changing field of management education in the realm of agriculture.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, stated, "The primary objective of the FDP was to enhance the professional growth and development of faculty members working in OUAT focused on management education. The program provides thorough training in the basic principles of general management, pedagogical techniques especially case methods, cutting-edge research methodologies, and advanced topics within specific domains."

Prof. Jaiswal further said, "Professional development based on the practical guiding principles of education to generate and develop knowledge for every organization is the need of the hour. FDP training included a charge for such development, implementation issues, and concerns. Moreover, the emergence of digital technologies presents novel approaches to transform procedures. The program is categorized into different themes covering case studies, conceptual frameworks, group discussions, collaborative activities, and experiential knowledge exchange."

Prof. Anand Hindolia and Prof. Merlin Nandy led the FDP ensuring a rich learning experience for participants while Dr. Rama Chandra Dash served as the corresponding resource person.

Covering a diverse range of topics, the program delved into various sessions such as teaching-learning methods, communication strategies, academic leadership, and innovation. It also addressed crucial aspects like improving university performance, the role of IT in learning, and collaboration for academic excellence. It also explored the implications of NEP 2020, initiatives in agricultural academic development and an open house session.

The program concluded with an outdoor visit and a valedictory session, providing participants with an opportunity to reflect and provide feedback.

IIM Sambalpur's CEO Immersion Programme Ignites Excellence in Executive MBA Cohorts

Date: January 09, 2024

January 09th, 2024; Sambalpur: IIM Sambalpur, one of India's premier management institutions, hosted its CEO Immersion Programme for Executive MBA for batches 2022-24 and 2023-25 at its Sambalpur campus. The programme aims to equip the batch with practical knowledge, industry trends, and leadership skills through direct interaction with seasoned professionals. As many as 77 working professionals participated in the programme. Dr Alok Kumar Mishra, Joint Secretary, Association of Indian Universities, Government of India also shared insights about the evolving landscape of executive education.

In his welcome address, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, said, "The CEO Immersion Programme is an integral part of IIM Sambalpur's commitment to fostering a holistic learning environment for the executive MBA batch. He also underscored the importance of essential qualities required for a CEO, i.e., a leader and stated, "To be a good leader, it requires a blend of risk-taking, emotional intelligence, self-awareness, and social skills." Prof Jaiswal also cited the example of Lord Krishna and said, "Self-regulation is paramount, and students should endeavour to cultivate this quality."

Addressing as the chief guest, Mr Kailash Pandey, President and Cluster Head of Hindalco Industries Limited outlined the essential elements for successful business operations, emphasizing the importance of '4S' including strategy, structure, system, and skill and said, "Today, managing a business goes beyond handling equipment and customers; it involves effectively managing employees and teams."

Mr Chetan Shrivastav, the Guest of Honour and Executive Director and Unit Head of Dalmia Cement Bharat Limited shared the importance of teamwork and said, "To navigate the complexities of the modern workplace, one must possess learning agility and emotional maturity. These qualities are imperative for not only surviving but excelling in a dynamic environment, ultimately leading to excellent results."

The event commenced with an Introductory Address by Prof. Shikha Bharadwaj, Chairperson of Exe-MBA, IIM Sambalpur. During the programme, Mrs Sharada Gupta of Delhi, wife of Dr. Girish Mohan Gupta, an MBA for Working Professionals student at IIM Sambalpur Delhi Campus, was awarded a scholarship of one lakh to selected meritorious MBA female students from economically disadvantaged backgrounds, including Aarushi Shrivastava, Sapkal Gouri Ganesh, Himansi Soni, and Ujala Singh, in recognition of their academic excellence.

It is to be recalled that the CEO Immersion Programme for MBA for Working Professionals was recently conducted at the Delhi Centre of IIM Sambalpur.

IIM Sambalpur Inaugurates First MBA Batch for Working Professionals at Delhi Campus

Date: October 10, 2023

October 09th, 2023; New Delhi: IIM Sambalpur, one of India's premier management institutions, officially inaugurated its very first MBA batch for working professionals in Delhi. This marks a significant milestone for IIM Sambalpur where the batch of working professionals and entrepreneurs who wish to pursue management education while continuing their respective professional journeys. The main feature of the program is that it provides specialization in data Science and product management, Innovation and Startup apart from functional domain. 

On this occasion, Dr Alok Kumar Mishra, Joint Secretary, Association of Indian Universities, New Delhi emphasized that the credit system introduced in the NEP allows students to participate across institutions within the country and across other countries.

Keynote Speaker Shatanik Goswami, Lead Consultant, Google Cloud Consulting congratulated Prof. Jaiswal on the milestone and discussed the essence of product management. He emphasized the importance of aligning three important elements of a startup, i.e. business, interests, and experience. He stressed that for a startup to thrive, at least two of these elements must intersect. He further said that the role of a product manager involves finding ways to make a product sustainable and profitable and emphasized that product managers are responsible for creating, shipping, and ensuring the success of a product.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur said, “As the industries are evolving, the need for management education similarly has also evolved. It is important to promote innovation-driven entrepreneurship which has created the need for Indian B-schools to foster innovation and integrity. I think these factors will have a positive impact on the country's GDP in times to come. We are trying our best to work towards inclusiveness and gender diversity in education. We are encouraging students to adopt an entrepreneurial mindset and create solutions to societal problems while equipping students to lead in digital technologies, sustainability, and innovation.”

Through an insightful presentation titled "Product Management in the Era of Industry 4.0," Prof. Rajeev Tandon, Former CEO, SC Johnson emphasized the significance of changing perspectives on brand and product growth. He also highlighted a strategy of focusing on dedicated, high-frequency users to optimize return on investment. This approach prioritizes commercial motives over social marketing and aims to create widely accepted and profitable products.

Deepak Sharma, Co-Founder & Managing Partner of India Accelerator, discussed the concept of innovation-led entrepreneurship, emphasizing the fusion of imaginative thinking with efficient execution. He further explained that innovation involves generating, adopting, and commercializing ideas, while entrepreneurship thrives on resourcefulness and resilience to create value and address societal issues.

At the outset, the program was introduced by Prof. Poonam Kumar, Chairperson of MBA for Professionals, while the vote of thanks was delivered by Prof. SH Rao. The event was moderated by Amrut Mohanty.

The most inspiring part of the IIM Sambalpur’s first batch of MBA for Working Professionals for all students was Mr. GM Gupta, an entrepreneur who is over 80 years old and joined the MBA program in Delhi. Mr. Gupta enthusiastically shared his passion for learning. He mentioned that before joining this course, he had completed his PhD as well. Currently, he owns a startup in the defense sector while he has also worked for a long time in DCM Shriram. Given that he is overseeing a startup, he believes that acquiring new technologies, knowledge through case studies, and unlearning the old would enable him to manage it more effectively.

It is to be noted that IIM Sambalpur will organise the prestigious 'PAN IIM World Management Conference 2023' from 21-23 2023. The conference will focus 2023 on the theme of "Entrepreneurial Innovation and Digital Governance for Inclusive and Sustainable Growth." The conference aims to harness the potential for innovative and imaginative endeavours.

IIM Sambalpur Receives $2 Million Funding for Incubation Center on Ninth Foundation Day

Date: September 26, 2023

IIM Sambalpur celebrated its 9th Foundation Day with the Theme: *“Accelerating Startup’s Ecosystems”*. Mr. Sushant Kumar, ESKYEN Ventures committed fund of 2 million USD to Incubation Centre of IIM Sambalpur to promote start-ups and entrepreneurship. Also an MoU signed between IIM Sambalpur & India Accelerator to build entrepreneurial capacity for the incubates of IIM Sambalpur.

The program was address by Shri. Dharmendra Pradhan, Hon’ble Minister of Education, Skill Development & Entrepreneurship, GoI as the Chief Guest.

During the event, the Chief Guest, Shri Dharmendra Pradhan, Union Education Minister of the Government of India, congratulated IIM Sambalpur on its Ninth Foundation Day through a video message. He praised the alliances and partnerships that IIM Sambalpur has formed with businesses like India Accelerator, SIDBI, and Flipkart, highlighting their importance in fostering entrepreneurs and assisting the livelihoods of local weavers and craftsmen. In his inspirational speech, he urged the students to use innovation, inclusivity, and integrity - the three pillars of IIM Sambalpur - as their compass points in all their activities. He acknowledged that IIM Sambalpur had given them the knowledge and abilities necessary for professional success and urged them to constantly remember their greater purpose, strive for excellence, give back to society, and uphold the values that will cause India to become a developed country by 2047.

The Guest of Honour, Mr. Sushant Kumar, Founder & Principal of ESKEYN Ventures & Indus Capital, USA, underscored the vital role of confidence in early investors like Ram Shriram, who was the first investor in Google and supported Larry Page and Sergey Brin, even during the company's unprofitable years. He shed light on the enormous obstacles that companies must overcome by empathizing with the primary worries that frequently plague them, such as fundraising, loan repayments, and job stability. Additionally, Mr. Kumar revealed major funding for an incubation center at IIM Sambalpur totaling $2 million. He commended the dynamic leadership of Professor Jaiswal and his team, assuring that the project's implementation would commence shortly.

The Keynote Speaker, Mr Hiranmaya Mahanta, CEO, i-HUB Gujarat shared a story of Stanford University's innovative spirit. Stanford got $50,000 from the U.S. State Department's innovation fund when it was established in 1939, but their strategy for fostering innovation made them a force to be reckoned with. In a similar vein, he believed that IIM Sambalpur might take the lead in promoting entrepreneurship and innovation thanks to Dr. Jaiswal's inspirational leadership. The institute, like Stanford University, has a fantastic opportunity to influence the future.

Additionally, he encouraged students to adopt an innovative mindset, take prudent chances, and not be afraid to ask questions.

In the welcome address, Prof. Mahadeo Jaiswal, Director, of IIM Sambalpur stated, "Established on September 23, 2015, within its 8-year journey IIM Sambalpur has carved a niche among the top IIMs. The vision of IIM Sambalpur is to nurture responsible leaders with an entrepreneurial mindset and core values centered around innovation, inclusiveness, and integrity. We are also privileged that Prime Minister Shri Narendra Modi laid the foundation stone of the institute on January 2, 2021. Some achievements in these 8 years include: In 2019, we created history in top B-schools; in 2019, IIM Sambalpur achieved 50 per cent gender diversity, a milestone followed by all IIMs."

He also spoke about the trend in increasing the percentage of non-engineering students in the MBA batch in which IIM Sambalpur emerged as a leader in the country. The director further informed about the three unique projects namely BunkarValleys.com to promote master weavers and artisans, MineralValleys.com to study the value that mines and minerals are creating for the people of Odisha and DigitalValue.com to promote digital leadership in the country and upcoming MoUs.”

Mr Hiranmaya Mahanta, CEO, i-HUB Gujarat graced the event as the Guest of Honour. On the occasion, Mr Arindam Mukhopadhyay, Partner, India Accelerator; Mr. Deepak Sharma, Co-Founder & Managing Partner, India Accelerator and Mr. Bodhisattwa Sanghapriya, Founder and CEO, IG Drones were also present.

On the occasion, the key achievers in different fields were felicitated by the dignitaries. Mr. Amrut Mohanty, CAO I/C gave the vote of thanks. The event concluded with a roundtable discussion on the topic 'Accelerating Startup’s Ecosystems.

Union Education Minister Pradhan Announces to Establish Incubation Centre at IIM Sambalpur

Date: August 09, 2023

Sambalpur, August 7, 2023: Union Education Minister Dharmendra Pradhan suggested that IIM Sambalpur should help in the skill development of weavers, capacity building of farmers in the rural-based economy and capacity building of Panchayat Raj institutions. Shri Pradhan made a special announcement that an incubation centre for local young entrepreneurs will soon be set up at IIM Sambalpur. He also spoke about the significance of Sambalpur as the cultural hub of Odisha and envisioned IIM Sambalpur's pivotal role in transforming the region into an intellectual hub. Union Education Minister further said that with prestigious establishments & institutions like Hirakud Dam, Sambalpur University, VIMSAR Medical College, VSSUT Engineering University and Gangadhar Meher University in the vicinity, the establishment of IIM Sambalpur is poised to further enhance the area's educational landscape.

Organized by the IIM Sambalpur, Union Education Minister was the Chief Guest at the Plantation Drive and Campus Tour. Shri Pradhan underlined IIM Sambalpur's pivotal role towards sustainable practices and environmental preservation.

On the occasion, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur expressed his heartfelt gratitude to Union Education Minister for gracing the event and inspiring the students with his motivating words. He said that Shri Pradhan appreciated the modern classrooms introduced by IIM Sambalpur, which offer real-time information on the subjects to the students remotely located while the professor is writing on the board.

The day commenced with an early morning Plantation Drive where Shri Dharmendra Pradhan, along with Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, led the initiative of planting of saplings by more than 500 students of IIM Sambalpur and nearby schools on the sprawling campus. Following the Plantation Drive, the union education minister participated in the Campus Tour and interacted with the faculty member and students of the premier B-School. The tour provided valuable insights into the institute's state-of-the-art infrastructure, academic facilities, and research centres.

The event garnered active participation from faculty members, staff, students, and representatives from various schools in the region.

IIM Sambalpur Welcomes Its Largest MBA Batch, With 60% Female Students

Date: July 11, 2023

July 10th, 2023; Sambalpur: IIM Sambalpur, one of the premium B-schools in nation, announced the inauguration of its 9th MBA batch 2023-25, marking it as the biggest batch of the institute. The institute has increased the batch size from 300 last year to 320 this year. 

With inclusivity as one of the core values of IIM Sambalpur, the new batch saw a galloping increase in women participation with 60% of female students (197 seats) marking their seats in the course out of 329 students. Male students bagged the rest 40% of the seats (132 seats). The Institute aspires to provide students with excellent learning experience in all aspects of management education to adapt to the dynamically rapid business environment. The new batch facilitates comprehensive tech-enhanced learning.

The inauguration ceremony was graced by esteemed guests including Dr Tapan Kumar Chand, President of Vedanta Ltd. and Ms Swati Agarwal, Partner at Deloitte, who provided inspiring insights to all students present at the ceremony. Sharing the knowledge and wisdom with great transparency and expertise, they guided the incoming batch onto their academic journeys ahead and what the same would entail. Prof. Shivani Sharma delivered vote to thanks to all dignitaries who were present at the event.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur expressed his views while welcoming the largest batch in the institute's history with such great gender diversity. He said, “At IIM Sambalpur, we focus on three core values that are innovation, integrity and inclusiveness which are based on the teachings of the Hindu deities - Brahma, Vishnu and Mahesh. The three lines in IIM Sambalpur’s logo depict those three Is in the form of famous Sambalpuri handloom design. These are the three core values if focused can help Indian B-schools to rank globally. Going forward I believe that these values will be the differentiating factor in the learning journey of the incoming batch. I hope this transformative educational experience for the students will bring about a bigger societal impact in future.”

Ms. Swati Agrawal, Partner, Deloitte, shared concept of IPL in management, which she explained as Impact, Purpose and Leadership. Impact depicts the societal impact that you make; purpose depicts your inner drive; and lastly leadership, which is about having vision, empathy, and inspiring others. Equally important are two Fs, which are failures and friendships. Students will have to learn to move on from failures and secondly friendships. Build as many friends as you can. They will be your support systems in future life. Be authentic. 

Mr. Tapan Kumar Chand, President, Vedanta Ltd. shared importance of ethical leadership. He shared his professional experiences with students and importance of ethical leadership in different roles and its benefits in long run. He underlined the power of concentrated efforts, which will help one in achieving great results.

As IIM Sambalpur commences with its new academic year, its mission remains undefeated and focused on nurturing socially responsible leaders who can drive as well as encourage positive change in society. With its esteemed faculty, state-of-the-art infrastructure, and industry partnerships, IIM Sambalpur is industriously dedicated to making a crucial impact on the business landscape in India and beyond

IIM Sambalpur Confers 322 MBA Graduates of 6th & 7th batch at an Annual Convocation

Date: July 04, 2023

IIM Sambalpur, one of the premier management institutions in the country, is proud to announce the hosting of its 6th and 7th Annual Convocation Ceremony. Another academic year has been successfully concluded with the 6th (2020-22) and 7th (2021-23) Annual Convocation.

In the presence of His Excellency, Shri Prof. Ganeshi Lal, Governor of Odisha, Dr. Sukanyya Misra, MD at JP Morgan Chase Ltd, Smt. Arundhati Bhattacharya - Chairman, Board of Governors, IIM Sambalpur & Chairman, Salesforce India and Prof. Mahadeo Jaiswal, Director, IIM Sambalpur; the convocation was a true celebration, attended by our respected faculty, dedicated staff, enthusiastic students, enthusiastic media journalists and distinguished guests from the Government of India and the Government of Odisha.

While congratulating the graduating students, his Excellency, Shri Prof. Ganeshi Lal, Governor of Odisha said, “ The awakening of position, this word is similarly also called, so this is also unreal. So in the awakening state and in the green light, both the things appear to be unreal. The managing director and the manager, you have to manage. So this is the way, this unreality should be transformed into a reality. And that is why, when we thirst, we dream less sleep. When you sleep, you think that you have enjoyed, that is, you enjoyed and you are happy, then it is celebration. Who gets the joy? For that it is self -restraint. That is the love which unjoins you. Therefore as far as the managing of the things is concerned, in my observation, you note, in my observation, you should note, in the observation of the sages, sages and the sages of the world, of the scientists and the philosophers of the world, the simple management is nothing else other than love itself. Love is the essence that dissolves all matter and even mind and consciousness. Marriage and worldly responsibilities are opportunities to manage love. Material wealth pales in comparison to the vastness of love. Love is beyond complaints, competition and contradictions. It is a symbol of simplicity, humility, inspiration and generosity. Attention and exchange are needed to cultivate love's power in our minds.”

Smt. Arundhati Bhattacharya - Chairman, Board of Governors, IIM Sambalpur & Chairman, Salesforce India said, "Today, as we stand at the precipice of a world increasingly shaped by innovation and technology, it is your responsibility as graduates of IIM Sambalpur to not just thrive in the new era, but to be its architects also. The sum of human progress has always been a story of resilience, adaptability, and creativity. As you embark on your journey, remember this: Excellence is not a singular act but a habit, the gradual result of always striving to do better. Be the change you wish to see in this world, leave no room for mediocrity, and above all, always strive to make a positive impact. The future is in your hands. Embrace it with open hearts and minds."

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, stated, “As a latest and modern generation IIM that excels in three core areas: teaching, research and incubation. It stands out among other IIMs by setting a praiseworthy standard of gender diversity, a trend which has been carried forward by IIM Sambalpur. This year, IIM Sambalpur has achieved a remarkable 100 percent placements, with the highest package INR 64.61 lakh per annum (domestic) and INR 64.15 lakh per annum (international). This extraordinary achievement shows an astonishing growth of 146.7% over the previous year. In addition, there has been a promising growth of 26% in average salary and 29% in average salary, which reinforces the institute's commitment to providing rich career opportunities for its graduates. ”