IIM Sambalpur Placements 2024: Highest Package: INR 23.5 LPA & Average Package: INR 14.21 LPA
IIM Sambalpur Placements 2024: Highest Package: INR 23.5 LPA & Average Package: INR 14.21 LPA
IIM Sambalpur placements 2024 concluded with the participation of 163 companies and among them 112 were the new recruiters. The percentage of companies visited this year increased by 23.48% and percentage of new recruiters increased by 49.33%. The most number of offers were made in the marketing domain with 31% of total offers followed by General Management with 26% of offers.
IIM Sambalpur average package stood at INR 14.21 LPA and IIM Sambalpur highest package stood at INR 23.5 LPA. This year the average and the highest package has decreased from the previous year.
IIM Sambalpur Summer Internship Placements 2024 is concluded with 100% internships. IIM Sambalpur highest stipend stood at INR 2 Lakhs per month whereas IIM Sambalpur average stipend stood at INR 65 K per month.
Table of Content
- IIM Sambalpur Placement 2024 Report
- IIM Sambalpur Placements 2024 Salary Statistics
- IIM Sambalpur Placement 2024 Domain - Wise
- IIM Sambalpur Placement 2024 Batch Profile
- IIM Sambalpur Placement Year - Wise Trends
- IIM Sambalpur Placements 2024 Top Recruiters
- IIM Sambalpur Sector Wise Analysis 2023
- IIM Sambalpur Summer Internship Placements 2024
- IIM Sambalpur Alumni Network
- IIM Sambalpur Placements FAQs
IIM Sambalpur Placement 2024 Report
| Particulars | Placement Statistics (2024) | Placements Statistics (2023) | Placements Statistics (2022) |
|---|---|---|---|
| Number of Recruiters | 163 | 130+ | 130+ |
| Number of Students | 192 | 167 | 156 |
| Highest Package (International) | - | INR 64.15 LPA | INR 41 LPA |
| Highest Package (Domestic) | INR 23.5 LPA | INR 64.61 LPA | INR 30 LPA |
| Average Package | INR 14.21 LPA | INR 16.64 LPA | INR 13.20 LPA |
| Median Package | INR 13.15 LPA | INR 16 LPA | INR 12.42 LPA |
| Top Recruiters | Vedanta, Micron, Adani, Aditya Birla, ICICI Bank, Accenture, etc. | Adani, Microsoft, Capgemini, Gartner, Cognizant, Amul, Vedanta, Deloitte, etc | Infosys, Tech Mahindra, Berger, Capgemini, TresVista, HDFC Bank, etc. |
IIM Sambalpur Placements 2024 Salary Statistics
| Particulars | Salary Statistics |
|---|---|
| Average Package for Freshers (Female) | INR 14,07,700 |
| Average Package for Freshers (Male) | INR 14,09,385 |
| Average Package for Work Experience Candidates (Female) | INR 15,14,580 |
| Average Package for Work Experience Candidates (Male) | INR 14,12,958 |
| Top 10% Average Package | INR 20,76,220 |
| Top 25% Average Package | INR 18,71,989 |
| Top 50% Average Package | INR 16,61,776 |
| Top 10% Median Package | INR 20,50,000 |
| Top 25% Median Package | INR 17,42,490 |
| Top 50% Median Package | INR 17,00,000 |
IIM Sambalpur Placement 2024 Domain - Wise
IIM Sambalpur Placement 2024 Domain - wise details is as follows:
| Domain | Percentage of Students Placed |
|---|---|
| Marketing | 31% |
| General Management | 26% |
| Operations | 17% |
| IT / Analytics | 12% |
| Consulting | 9% |
| Finance | 5% |
The majority of the offers were made in the marketing domain with 31% of the total offers, followed by General Management with 26% of offers.
IIM Sambalpur Placement 2024 Batch Profile
The batch profile of MBA batch 2022-24 is as follows:
| Particulars | Batch 2022-24 Details |
|---|---|
| Batch Strength | 192 |
| Percentage of Male Students | 65% |
| Percentage of Female Students | 35% |
| Percentage of Freshers | 54% |
| Percentage of Students with Work Experience | 46% |
| Percentage of Engineering Graduates | 48% |
| Percentage of Students with Academic Background in B.Com, BSc, BBA, BA, BMS, etc | 52% |
IIM Sambalpur Placement Year - Wise Trends
| Placement Year | Highest Package | Average Package | Median Package |
|---|---|---|---|
| 2024 | INR 23.5 LPA | INR 14.21 LPA | INR 13.15 LPA |
| 2023 | INR 64.61 LPA | INR 16.64 LPA | INR 16 LPA |
| 2022 | INR 41 LPA | INR 13.20 LPA | INR 12.42 LPA |
| 2021 | INR 21 LPA | INR 11.21 LPA | INR 10.35 LPA |
| 2020 | INR 18.92 LPA | INR 10.86 LPA | INR 10.50 LPA |
| 2019 | INR 58 LPA | INR 11.33 LPA | INR 9.23 LPA |
- This year in 2024, the average package has declined from INR 16.64 LPA to INR 14.21 LPA.
- The highest package has also decreased from INR 64.61 LPA in 2023 to INR 23.5 LPA in 2024.
IIM Sambalpur Placements 2024 Top Recruiters
Some of the top recruiters who visited IIM Sambalpur during the 2024 placement drive are as follows:
IIM Sambalpur Sector Wise Analysis 2023
As per the Information collected by Collegedunia, the highest package of INR 64 LPA was offered by Tolaram Group. The following table represents the sector wise analysis for the batch 2023 at IIM Sambalpur:
| Sectors | CTC Range |
|---|---|
| FMCG | INR 15 - 19 LPA |
| IT | INR 8.5 - 18.1 LPA |
| BFSI | INR 12.4 - 21 LPA |
| Consulting | INR 10 - 20 LPA |
| Manufacturing | INR 10.5 - 23 LPA |
| Others | INR 9 - 64 LPA |
IIM Sambalpur FMCG Sector Placements 2023
The following table represents the FMCG sector placements for the batch 2023 at IIM Sambalpur:
| Company | CTC Range (LPA) |
|---|---|
| Amul | 16.5 - 19 |
| The Times Group | 15 |
IIM Sambalpur IT Sector Placements 2023
The following table represents the IT Sector Placements for the batch 2023 at IIM Sambalpur:
| Company | CTC Range (LPA) |
|---|---|
| Amazon | 16.3 - 18.1 |
| Infosys BPM | 8.5 - 10 |
| Accenture | 16.5 - 17.7 |
IIM Sambalpur BFSI Sector Placements 2023
The following table represents the BFSI Sector placements for the batch 2023 at IIM Sambalpur:
| Company | CTC Range (LPA) |
|---|---|
| HDFC | 12.4 |
| ICICI Bank | 16 - 21 |
| Axis Bank | 9.4 |
IIM Sambalpur Consulting Sector Placements 2023
The following table represents the consulting sector placements for the batch 2023 at IIM Sambalpur:
| Company | CTC Range (LPA) |
|---|---|
| Deloitte | 11.4 |
| EY | 12 - 20 |
| PwC | 10 |
IIM Sambalpur Manufacturing Sector Placements 2023
The following table represents the manufacturing sector placements for the batch 2023 at IIM Sambalpur:
| Company | CTC Range (LPA) |
|---|---|
| Tata Power | 10.5 + Benefits |
| Jindal Steel & Power | 18 - 20 |
| Vedanta | 15.5 |
| L&T | 12 - 14 |
| Micron | 23 |
IIM Sambalpur Other Sector Placements 2023
The following table represents the other companies making offers at IIM Sambalpur:
| Company | CTC Range (LPA) |
|---|---|
| GMR | 12-15 |
| Tolaram Group | 64 Lacs |
| Adani | 21.5 - 23.5 |
| Capgemini | 9 - 10 |
| Cognizant | 15 - 22 |
| Crisil | 10.7 |
| Gartner | 9.75 |
| Lowe's | 16 |
| Reliance | 9.5 |
| Aditya Birla GRASIM | 16 |
IIM Sambalpur Summer Internship Placements 2024
| Particulars | Internship Statistics 2024 | Internship Statistics 2023 |
|---|---|---|
| Number of Recruiters | 50+ | 65+ |
| Number of Students | 193 | 167 |
| Internship Percentage | 100% | 100% |
| Highest Stipend | INR 2 Lakhs | INR 3.50 Lakhs |
| Average Stipend | INR 65.382 K | INR 61 K |
| Median Stipend | INR 40 K | INR 45 K |
| Top 25% Average Stipend | INR 1.35 Lakhs | INR 1.20 Lakhs |
| Top 50% Average Stipend | - | INR 84 K |
| Female Average Stipend | INR 69.255 K | - |
| Male Average Stipend | INR 63.309 K | - |
| Top Recruiters | Adani, Vedanta, Cognizant, ICICI, EY etc | Microsoft, ICICI Bank, Vedanta, Cognizant, Gartner, DE Shaw etc |
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IIM Sambalpur Alumni Network
| Company Name | Number of Alumni | Company Name | Number of Alumni |
|---|---|---|---|
| ICICI Bank | 12 | Tata Consultancy Services | 2 |
| Amazon | 8 | Dice | 2 |
| E&Y | 6 | TATA Advanced Systems Limited | 2 |
| HDFC Bank | 5 | ADP | 2 |
| Cognizant | 3 | Axis Bank | 2 |
| Gartner | 3 | Digit Insurance | 2 |
| Deloitte | 2 | - | - |
IIM Sambalpur Placement FAQs
Ques. What sort of salary packages were offered in the placement drive of 2024 at IIM Sambalpur?
Ans. In the placement drive of 2024, the Highest CTC which stood at INR 23.5 LPA and the Average CTC stood at INR 14.21 LPA.
Ques. What was the average package of freshers at IIM Sambalpur?
Ans. The average package of freshers was INR 14.07 LPA for female candidates and INR 14.09 LPA for male candidates.
Ques. In which domain does the maximum number of students be placed at IIM Sambalpur?
Ans. The maximum percentage of students were placed in the Marketing domain (31%) followed by the General Management domain (26%).
Ques. Which are the top recruiting companies at IIM Sambalpur?
Ans. Top recruiters like Adani, Microsoft, Capgemini, Gartner, Cognizant, Amul, Vedanta, Deloitte participated in the placement drive.
Ques. How many companies participated in the placement drive of 2024 at IIM Sambalpur?
Ans. During the placement drive of 2024, there was 49.33% increase in the number of first-time recruiters wherein the number stands at 112.
Ques. What is the stipend offered in the summer internship placement drive of 2024 at IIM Sambalpur?
Ans. In the summer internship placement drive of 2024, the highest stipend stood at INR 2 Lakhs and the average stipend stood at INR 65 K and the median stipend stood at INR 40 K. The top 25% students were offered the average stipend of INR 1.35 Lakhs.
Ques. How many recruiters participated and how many students were placed in the summer internship placement drive of 2024 at IIM Sambalpur?
Ans. During the summer internship placement drive of 2024, 100% students were placed by over 50+ recruiters.
IIM Sambalpur Highest and Average Package
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Why To Join IIM Sambalpur - Reviews & Rating
Most Popular Tags
Likes
- My life with my boys in hostel whole day
- Library and books available there are very helpful
Dislikes
- Food quality is not good as the location is in odisha
- There is always network issue in the campus
Placement Experience:
Student is eligible for placement from 4 th semester , 100+ companies visit our campus for placement. Average package is around 13 lpa percentage of students placed is 85% . My plans after the degree is not quite fixed
Placement Experience:
IIM Sambalpur has recently concluded its 2022 placement drive with a 50% increase in first-time recruiters. The highest package increased by 24.71%, and the average salary increased by 12.68% compared to the previous year. Major recruiters included Deloitte, EY, Vedanta, Amul, Accenture, Capgemini, Gartner, Infosys, Tech Mahindra, and Cognizant. 100% of students received internship offers with the highest stipend at INR 3.5 Lakhs per month and the average stipend at INR 61.59 K per month. Overall, IIM Sambalpur has strong placements with top companies and high salaries for its students. Students at IIM Sambalpur become eligible for campus placements from the second semester of the MBA program. After completing the degree, many students choose to pursue further studies or start their own businesses. Some students also opt to join established companies in various sectors, utilizing the skills and knowledge gained during their MBA program to advance their careers.
Placement Experience:
Students are eligible from the 4th trimester for final placements Macleods and ZS associates The highest domestiofferedage offere was 30 lakhs 100% placement I want to work in sales and marketing department and contribute my best to the company in which I will be working in
Placement Experience:
There are 6 final terms and 6 midterms. According to the previous year's report, 100% placement is there for the students. After my degree, I want to join a top company in our country and learn to enhance my skills.
Placement Experience:
From the 4th semester, students are eligible for final placement. The highest package offered was 27 LPA, and 21 LPA received by students, Median package was 10.44 LPA these all are according to the previous placement report.
Placement Experience:
According to the previous year's report, 100% of students are placed and companies that visited are EY, ICICI, Mindtree V-guard, Tech Mahindra, Bank of Baroda, Deloitte, PWC, KPMG, etc. Students are eligible for final placement from 4 terms.
Placement Experience:
Companies which visit here are big 4 - EY, Deloitte, PWC, KPMG also many more such as ICICI, Kotak, Mindtree, V-guard, Tech Mahindra, etc. 100% of students get placed according to the previous year report
Placement Experience:
100% placement according to the previous year report. The highest package which was offered to students was 27 LPA and the package received was 21 LPA. We are eligible from the 4th semester for our final placement.
Placement Experience:
For summer placement student become eligible from 1st term itself and it keeps on running till every student gets placed and the eligibility of the candidate depends on the profile the firm is requiring. Companies from various ondustries visits for placements. So far college have 100% record and due to quality of students the sitution will keep on improve.
Placement Experience:
Placements are good. 100% students get placements from campus. The summer internship process starts at the end of the first term. some of the companies are regular recruiters which visit the campus every year
IIM Sambalpur: 3 Answered Questions
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.
Can you give a brief description of IIM Sambalpur (pros/cons, campus life, placement, hostel life, faculty, facilities, and anything else that you can add on)?
In the middle of picturesque hilltops in Odisha, IIM Sambalpur is situated. Here, you can wake up to beautiful sunshine and humid weather every morning, which will give you energy. However, this morning brings with it a rush to finish eating breakfast and get to the academic block in time for your classes.
The Academic block is a short walk from the Hostel blocks. Our classrooms are fully equipped with air conditioning, comfortable seating, and modern equipment. We have experienced faculty from a variety of backgrounds, both in-house and visiting institutes such as IIM A, B, C, XLRI, and others.
After classes, your day spins around in all directions. In the evening, you typically attend meetings and enjoyable events from various clubs and committees that are put on by students. If you don't have anything like that, you can go out with your friends to the Hirakud dam, Right dyke, or take a long drive all the way to the main city for fun. You can also participate in those based on your interests, hobbies, or preferences for volunteer work.
Following dinner, some students participate in outdoor sports such as badminton, cricket, football, and so on, or indoor sports such as chess and table tennis, or watch television in the common room. You meet your academic groups, project groups, and so on to do the work, which usually takes most of the nights in the hostel block's discussion areas.
However, these moments of shared work always strengthen batchmates' bonds. Some of the pros and cons are mentioned below:
Pros:
- IIM Sambalpur is located close to a large number of big industries, providing opportunities for real-life experiential learning for students.
- The Innovation and Incubation Cell (IIC) of IIM Sambalpur helps in the promotion of startup development and has recently partnered with Flipkart to support small weavers and artisans.
- As a new IIM, students have the opportunity to witness the development of the institute from its core.
- IIM Sambalpur has consistently been ranked 2nd amongst the new IIMs and holds a position among the Top 30 in the overall MBA Universe Ranking 2022.
- The institute follows a Flipped Classroom methodology, which is a unique concept aimed at promoting overall development both inside and outside of the classroom.
- IIM Sambalpur has the highest gender diversity among all other 3rd generation IIMs.
- The location of the institute is away from the hustle and bustle of metropolitan areas, providing a peaceful and calm environment amidst the rush of MBA life.
- The IIM tag and connections to IIM alumni in the IIM community can provide valuable networking opportunities.
Cons:
- As a 3rd generation IIM, the institute is relatively new and may take some time to fully develop.
- The institute follows a schedule with working days on Saturday and Sunday, which may not be suitable for all students.
- Students may be compared to graduates of older and more established IIMs, which may be an unnecessary source of stress.
What was the Summer Internship data for IIM Sambalpur?
IIM Sambalpur has concluded its summer internship placement for MBA batch 2023-25 with a 100% placement record. Some of the top recruiters that participated were Boston Consulting Group (BCG), PwC, EY, Accenture, Gartner, Vedanta Group, ICICI Bank, Micron, Reserve Bank of India (RBI), Bennett Coleman & Co. Ltd. (The Times of India), Tata Capital, Red Bull, AkzoNobel, Kansai Nerolac Paints Ltd, ProcMart The Belgian Waffle Co, VEGROW and Perceptive Analytics.
The MBA batch 2022-24 also achieved a 100% placement for the batch of 193 students. The average stipend recorded was INR 65,382, which was 6.14% higher than the previous year. The median stipend stood at INR 40,000 and the highest stipend at INR 2,00,000.
The average stipend for the female students was INR 69,256 and for the male students were INR 63,310. Most number of students received offers inthe Sales & Marketing domain, followed by Operations. The domain-wise offers made to the students are as follows:
| Domain | Percentage of Offers |
|---|---|
| Sales & Marketing | 49% |
| Operations | 22% |
| General Management | 10% |
| IT/ Analytics | 5% |
| Consulting | 3% |
| HR | 3% |
The sector-wise placement of IIM Sambalpur are as follows:
| Sectors | Percentage of Offers |
|---|---|
| BFSI | 27% |
| Media and Entertainment | 22% |
| Ed-Tech | 16% |
| IT/ ITeS | 9% |
| Infrastructure and Manufacturing | 6% |
| Pharma & Healthcare | 5% |
| FMCG/ FMCD | 5% |
| Consulting | 4% |
| Conglomerate | 3% |
| Others | 3% |
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Amazon | Cognizant | Ernst & Young | Indian Oil Corporation Ltd (IOCL) |
| Infosys | Tata Motors | UCO Bank | Accenture |
| Deloitte | HDFC Bank | JK Tyre | |
| Microsoft | Tata Steel | TCS | Bank of India |
| L&T Infotech | Bosch Ltd | Nalco | Tata Consulting Engineers Ltd. |
| KPMG | Capgemini | SBI Life Insurance | Tech Mahindra |
IIM Sambalpur Latest News
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