It is currently too early to provide a definitive answer regarding the outcome of your question. However, there are cases where students were in a similar situation as you and become anxious as well as desperate to want a seat. It is advised to have patience and go with the flow.
There was a case where a student had a waitlist number of 2XX, and no one was convinced that it is possible to convert at that number. However, due to various factors such as the uncertainty caused by Covid, online classes, and other factors, the waitlists may go even further than in previous years. He received an admission offer to IIM Sambalpur, which was something he had been waiting for.
There may be many factors that come into play such as external and internal factors that may influence the process, such as batch strength. It is important to keep an open mind and have patience as the outcome may be different from what you expect.
The Government's decision to establish institutions such as IITs and IIMs is driven by several factors, including the need to provide more opportunities for the country's large and talented population. In addition to this, these institutions also play a significant role in the economic development of the country. For example, the establishment of IITs, NITs, and IIMs in places such as Kharagpur, Silchar, Kozhikode, and Shillong has led to the development of these areas and the surrounding regions, which is known as decentralization of development.
When the Government decides to set up an institution of national importance, several factors are considered when choosing a location, including proximity to means of communication, proximity to industries, and proximity to other good educational institutions. For example, Sambalpur is well connected to the National Highway and is located in the industrial belt of Orissa, with many companies in and around the area. Additionally, there are already many well-established state institutions such as VSSUT, VSS medical college, and Sambalpur University, which makes the area an ideal location to establish an educational hub.
It is important to note that the absence of an airport does not necessarily impede the ability of an educational hub to attract talent or placement opportunities. As can be seen in the case studies of IIT Kharagpur and NIT Rourkela, these institutions have become high-quality institutions despite the lack of an airport. As long as the quality is maintained and institutions attract talented students, the majority of the work toward creating a successful educational hub is done.
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:
Cons:
IIM Sambalpur, along with the other 9 newly opened IIMs (Jammu, Bodhgaya, Raipur, Kashipur, Sambalpur, Ranchi, Trichy, Sirmaur, and Udaipur) are adopting the Common Admission Process (CAP) for Personal Appearance (PA) for their MBA admissions. The cutoff percentile for female candidates in the General category for the PA process is set at 80 with a sectional cutoff of 65 percentiles. This means that achieving the minimum overall or sectional CAT percentile does not guarantee an invitation for the Personal Appearance (PA) process.
With 210 seats available, IIM Sambalpur follows the Government of India’s reservation policy. It is important to review the category-wise reservation policy defined by IIM Sambalpur before applying.
Category | % Reservation |
Schedule Caste | 15% |
Schedule Tribe | 7.5% |
OBC Non-creamy layer | 27% |
DAP | 5% |
EWS | 10% |
Additionally, most of the students at IIM Sambalpur have either a B.Tech or M.Tech background and have prior work experience in reputed companies across the country. Some students have left their jobs to pursue their MBAs while others are on study leave.
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.
When considering the three business schools in question, IIM Sambalpur, IIM Sirmaur, and IMI Delhi are in the same league, with IMI Delhi having a slight edge over the other two in terms of placements. This is due to the fact that it is older than the newer IIMs and has been in the B-Schools scene for a longer period of time. However, it is important to note that the newer IIMs have had a meteoric rise because of their IIM designation.
All three of these business schools are good in their respective positions, but if you have a slight preference for Human Resources, IMI Delhi may be the better choice for you due to the HR profiles offered to students and the school's reputation for its HRM program. Additionally, while the location of IMI may be more favorable, if you are looking to study and make the most of your next two years in a more secluded setting away from the hustle and bustle of a metro area, IIM Sirmaur or Sambalpur may be more fitting.
Ultimately, it is important to reach out to students and alumni of these respective business schools to gain a clearer understanding and make a decision that aligns with your own preferences and goals. It is important to remember that ultimately, the decision should be based on what will allow you to perform at your best.
IIM Sambalpur is a new IIM and obviously lacks the credibility enjoyed by older IIMs. But it is not a very bad choice if you are just looking for a degree to add to your resume. Moreover, the IIM tag is bound to be helpful on one or the other day. In case you have limited options then forgoing IIM Sambalpur’s offer is not right. After all, it is an IIM and is still preferred over other B Schools by many corporations. The basic placement statistics below might help you get a deeper insight into the same
Highest CTC: INR 30 LPA
Average CTC: INR 12.64 LPA
Median CTC: INR 11.42 LPA
IIM Sambalpur will definitely not offer opportunities as good as other old IIMs but the IIM tag is tempting enough to grab the offer.
Yes, IIM Sambalpur has hostel facilities through its temporary hostel Sambalpur University Hostel.
For more information, you can always contact a student or alumni of the same institute.
Some facts about IIM Sambalpur are
First of all, it’s wrong to compare IIM Sambalpur with a below-average institution like IBS Hyderabad. IIM Sambalpur might be a new IIM but it is still among the tier 3 colleges whereas IBS Hyderabad is nowhere near.
My friend is currently pursuing an MBA from IIM Sambalpur and has listed the following pros and cons of the institute
Pros
Cons
All in all IIM Sambalpur is a decent choice if you are passionate about the IIM tag only and have limited options. Some years down the line it might improve in brand value as well. So go for it if it’s the tag you are after but go for ISB if you want a better teaching experience.