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Questions Asked On IIM Sambalpur, Sambalpur
I have converted to IIM Kashipur but already paid 1 term fee at IIM Sambalpur (no refund). What should I do?
When considering whether or not to pay around 170K for the first term at IIM Sambalpur, it is important to consider the potential financial loss and weigh it against the potential benefits.
In terms of placements, it is true that IIM Kashipur may have an upper edge, however, it is important to note that this difference will likely only make a significant impact on the top 10% of the batch. For the majority of students, the placements at both IIM Sambalpur and IIM Kashipur will likely be similar. Additionally, when considering future entitlements, it is important to remember that both IIM Kashipur and IIM Sambalpur are relatively new institutes, so the location may not hold as much value in the long term as building a strong personal profile.
It is ultimately up to you to decide whether or not you are willing to potentially lose the money, and if so, to not stress about it too much. On the other hand, if you are not willing to potentially lose the money, it is also important not to regret the decision in the long run.
I have converted to IIM Kashipur but already paid 1 term fee at IIM Sambalpur, with no refund. What should I do?
Go for it if you can afford to lose the money. If not, don't be disappointed. Just consider placements for the evaluation, as the location and life are both beautiful. Placements at IIM Kashipur have an obvious advantage, but only for the top 10% of the batch will it make a significant difference. Otherwise, you'll do well at both locations.
Furthermore, if you're looking for future entitlement, it makes little difference. IIM Kashipur is the newest, and IIM Sambalpur is the youngest. If you build a strong profile for yourself, the location between these two IIMs will not hold much value in the future. As a result, if you can afford to lose the money, do so without hesitation. If you can't afford to lose that money, forget it and you will have no regrets.
Are the six newest IIMs a good option? (i.e., IIM Nagpur, Vizag, Amritsar, Sirmaur, Bodhgaya, Sambalpur)
I wouldn’t suggest you take admission to any new IIM if you are not ready to commit yourself to hard work both in terms of academics and extracurriculars. The Baby IIMs require determination and dedication and if you lack any of these, it’s better to look for other options.
The opportunities offered by the new IIMs are way ahead and unique when compared to the older ones. You shouldn’t join a new IIM merry to enjoy the benefits from the IIM tag because that alone won’t suffice it. It's better to take a drop year and target an older IIM than go for a new one that is yet to make its mark in the industry.
The new IIMs are suitable for those who are ready to work and toil and take advantage of opportunities in building a new institute. Most students will end up with a job but it’s not a brainer that there will be a big compromise and namesake job compared to the colorful careers an IIM brand promises.
|
Particulars |
IIM Nagpur |
IIM Vizag |
IIM Amritsar |
IIM Sirmaur |
IIM Bodh Gaya |
IIM Sambalpur |
|
Ranking |
43rd rank in NIRF |
33 rank in NIRF |
55th rank in NIRF |
69th Rank in NIRF |
41 in the IIRF |
33rd place in IIRF |
|
Fees |
2 Lakhs (Total Fees) |
8.52 Lakhs (1st Year Fees) |
8,00,000/Yr |
16,00,000 Total Fees |
16,28,000 Total Fees |
5,40,000/Yr |
|
Average package |
INR 16.74 LPA |
INR 16.61 LPA |
INR 16.51 LPA |
INR 12.74 LPA |
INR 16 LPA |
INR 16.64 LPA |
You can infer from the table above, the Data from all the baby IIMs is similar both academically and placements-wise. So the final decision should be based on personal preferences and career prospects.
How is IIM Sambalpur?
yoIIM Sambalpur is one of the most underrated IIMs situated in a serene peaceful area. Unlike other IIMs, the ambiance here is calm and not stressful. The hostels are surrounded by hills and the lush green scene is breathtaking and makes your hostel life simply beautiful. Let’s discuss the major features of IIM Sambalpur
- Hostel: The accommodation facilities are pretty good at Sambalpur University Hostel. Students are provided with double occupancy rooms and the mess is controlled by them. Other amenities are a pool, table tennis, and carrom to spend your leisure time.
- Peer-learning: IIM Sambalpur welcomes some elite students that are extremely talented from all over India. To propose a better peer learning experience, common rooms and separate study rooms are provided.
- Clubs and Committees: Various student-driven clubs and committees keep the rigor alive at the campus. Some of them cater to domains like Marketing, Finance, and Operations and organize related events and conferences. The E-Cell actively focuses on encouraging entrepreneurship culture among the students.
- Faculty: The faculty base is like any other IIM, extremely learned and experienced. They are a mix of visiting faculty and internal faculty. The visiting faculty comes from the top B Schools like IIM I, IIM A, IIM B, MDI, etc.
- Curriculum: The curriculum at IIM Sambalpur aims at promoting a deep understanding of subjects. The case study pedagogy helps the students to apply the learned concepts in their real-life situations.
So IIM Sambalpur is worth joining for your personal as well as professional development.
Are there hostel facilities in IIM Sambalpur?
Yes, IIM Sambalpur has hostel facilities through its temporary hostel Sambalpur University Hostel.
- The hostels have a spectacular view of greenery and hills and therefore have a very calm ambiance
- 2 Students are made to share a single room
- The mess is Student-driven
- Some major hostel amenities are a
- pool, table tennis, carrom to spend your leisure time.
- Many times, students are even provided with single occupancy rooms
- The rooms are spacious with basic amenities like beds, cots, cupboards, tables, and chairs.
For more information, you can always contact a student or alumni of the same institute.
How is IIM Sambalpur? Is it worth joining IIM sambalpur or should I go for BIM Trichy? What are the pros and cons?
IIM Sambalpur and BIM Trichy, both these institutes should be approached only when all doors are closed and you are left with zero options. Both colleges have poor placement scenarios and almost no brand name. The fees you will pay are not worth risking your 2 years for. If you are confident that you can get a better percentile next year please sit for CAT again and go for a better college. But if you are not confident about the same, and only have these two options, go for BIM Trichy. The reasons I have chosen BIM Trichy over IIM Sambalpur are -
- Older than IIM Sambalpur and thus has a stronger alumni base
- Better relations with the industry
I know only 2 trivial points are not enough to justify a college worth. What you can further do is talk to the current students or alumni of both colleges. Relying on placement reports is not enough so interacting with its students will give you a clearer picture maybe.
What is the average package of IIM Sambalpur?
IIM Sambalpur wrapped the final Placement in 2023 achieving 100% placement like previous years. This year, there was a 26% rise in average salary which stood at Rs.16.64 LPA from Rs.13.20 LPA. The highest salary stood at Rs.64.61 LPA in IIM Sambalpur placement 2023.
Key highlights of IIM Sambalpur Average package are
- The average salary of the MBA batch has increased by 26.06% from 13.2 LPA to 16.64 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 up to Rs. 20.59 LPA in 2023 from Rs.16.39 LPA last year
- Female scored an excellent average salary of Rs 18.25 LPA
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 top recruiters came 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.
Are there any IIM Sambalpur students here? What are your experiences? Would it be worth joining IIM Sambalpur?
If you're looking for a brand name, you should definitely join IIM Sambalpur because, even though it may not be now, it will undoubtedly be helpful to you in the near future. You can join without hesitation if you are interested in knowledge and faculty. If you're looking for facilities and infrastructure, look elsewhere.
IIM Sambalpur's 6th MBA batch achieved 100% placement with a 12.68% increase in average salary and a 10.33% increase in median salary. The highest salary reached Rs.26.19 LPA. Top recruiters from IT, business consultancy, FMCG, and BFSI participated, including Amazon, Infosys, and Accenture Technology, reflecting the high demand for graduates.
What should I choose between IIM Sambalpur and IMT Ghaziabad?
It depends on which IMT Ghaziabad course you got. If you got the core PGDM in IMT Ghaziabad then definitely go for it.
There are some parameters based on which you can make your choice.
- Location - IMT Ghaziabad has an upper edge over IIM Sambalpur as Ghaziabad is near Gurgaon which is a corporate hub.
- Brand value- IIM Sambalpur has a better brand value and image than IMT Ghaziabad.
- Placements- Both of the colleges reported 100% placements. The average package at IIM Sambalpur was 16,63,650 LPA and the average package at IMT Ghaziabad was 19 LPA.
Overall, The choice is yours, but according to me, IMT Ghaziabad is a better choice.
Is it worth joining IIM Sambalpur? I have converted IMT Ghaziabad and got a call from IIM Sambalpur. Would it be better than IMTG and IMI?
In my opinion, IMT Ghaziabad is a preferable choice to baby IIMs like IIM Sambalpur. IMT Ghaziabad is a more established B School than IIM Sambalpur and has an upper hand in almost every aspect. IMT Ghaziabad is better in every aspect like
- faculty
- competitiveness of peers
- curriculum
- infrastructure
- recruitments
- industry interface
- recognition
- alumni presence
- proximity to a metro city
All these parameters are crucial in determining the worth and credibility of a B School.
Ghaziabad owing to its location in Delhi NCR IMT has larger exposure to corporates and industries. It also has better infrastructure and an alumni network. So don’t run after the IIM tag. It’s better to do the analysis on your own and rate both campuses on each parameter rationally.
In all, if it’s the IIM tag you are after, go for IIM Sambalpur but if you want better career options, IMT is the right place for you.
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