IIM Sambalpur, Sambalpur
About IIM Sambalpur
IIM Sambalpur is among the new IIMs established in 2015, by the Government of India. IIM Sambalpur was ranked 58th by NIRF 2023. IIM Sambalpur is known for its 2-year flagship MBA program and admissions are held via CAP along with 9 other baby IIMs. IIM Sambalpur cut-off is 94 percentile. IIM Sambalpur MBA fees is INR 21.01 Lakh, whereas IIM Sambalpur average package stood at INR 14.21 LPA and IIM Sambalpur highest package stood at INR 23.5 LPA for the 2024 batch.
At IIM Sambalpur, the minimum CAT percentile for the 2023-25 batch was 92.05 percentile. A total of 1,51,272 candidates selected IIM Sambalpur as their CAT preference, of which 9,543 were shortlisted for the interview round and 2464 received the final offer.
Table of Content
IIM Sambalpur Highlights
| Particulars | Statistics |
|---|---|
| Established Year | 2015 |
| Campus Size | 200 acres |
| Students Intake | 320 (MBA) |
| MBA Fees | INR 21.01 Lakh |
| NIRF Ranking 2023 | 58 |
| Number of Courses | 5 |
| Total Faculty | 29 |
| Highest Package | INR 23.5 LPA (2024) |
| Top Recruiters | Bajaj Allianz, TA Digital, ZS Associates, Deloitte, Ernst & Young, Amul, Vedanta, etc |
IIM Sambalpur Important Dates
| MBA | |
|---|---|
| Last Date for Filling CAP 2023 Application Form | January 31, 2024 |
| Personal Interview - Phase 1 for CAP 2024 | February 15 - 20, 2024 |
| Personal Interview - Phase 2 for CAP 2024 | February 22 - 27, 2024 |
| Personal Interview - Phase 3 for CAP 2024 | March 8 - 15, 2024 |
| Last Date to Apply for SAP 2024 | February 16, 2024 |
| Final Results | May 10, 2024 |
| MBA Fintech Management | |
|---|---|
| Application Begin | April 19, 2024 |
| Application Deadline | May 15, 2024 |
| Personal Interview | June 01, 2024 (Tentative) |
| Publication of Result | June 22, 2024 |
| Acceptance Offer | One-Week from publication of the result |
| EMBA | |
|---|---|
| Online Application Starts | January 25, 2024 |
| Online Application Ends | April 30, 2024 |
| Personal Interview | To be announced |
| Program Inauguration | 1st - 2nd Week of June, 2024 (Tentative) |
Read More: IIM Sambalpur Important Dates
IIM Sambalpur Fees
| Courses | Fees |
|---|---|
| MBA | INR 21.01 Lakh (2 years) |
| ExMBA | INR 12 Lakhs (2 years) |
IIM Sambalpur Courses
IIM Sambalpur offers around 5 courses and the major courses among them are MBA, ExMBA, PhD and ExPhD. The details about all these courses are mentioned below:
| Courses | Program Details |
|---|---|
| MBA | Intake: 320 Eligibility: Bachelor’s degree Selection Criteria: CAT + PI through CAP |
| ExMBA | Eligibility: Bachelor’s degree with 50% marks and 3 years of work experience. Selection Criteria: Personal Interview + SOP |
| PhD | Eligibility: Master’s degree/ Postgraduate Diploma/ Bachelor’s degree with professional qualification like CA, ICWS, CS/ Integrated Masters degree with 60% marks OR 4-year bachelor’s degree with 6.5 CGPA Selection Criteria: CAT/ GRE/ GMAT/ GATE/ JRF-UGC/ CSIR/ IIMSAT + Personal Interview |
Check: IIM Sambalpur Courses & Fees
IIM Sambalpur Admission 2024
IIM Sambalpur admission 2024 will start soon after the CAT exam is held and the results are declared. IIM Sambalpur admissions process is mentioned in the table below:
| Admission Stage | Description |
|---|---|
| CAT Registration | The candidates need to register for the CAT examination and apply to IIM Sambalpur in the same form. |
| CAT Examination | The applicants will have to appear for the CAT exam, conducted at various locations across India. |
| Shortlisting for Personal Interview | The candidates will be shortlisted based on their percentile in CAT 2023. |
| Personal Interview | The shortlisted candidates will be called for the personal interview conducted by CAP 2024. |
| Final Selection | The final selection of the candidates will be done on the basis of their CAT score, PI score, and Profile |
IIM Sambalpur Result
The following data represents the admission stats for the MBA batch of 2023-25:
| Category | No. of Students who choose IIM Sambalpur as their CAT preference | No. of Candidates shortlisted for Interview Round | No. of students with Final Offer |
|---|---|---|---|
| General | 151272 | 9543 | 2464 |
| EWS | 9465 | 2393 | 502 |
| NC - OBC | 36967 | 6104 | 1615 |
| SC | 18357 | 3946 | 752 |
| ST | 5162 | 1183 | 363 |
| PWD | 951 | 306 | NA |
Check: IIM Sambalpur detailed Admission
IIM Sambalpur Cut-off 2024
IIM Sambalpur cut-off is overall 94 percentile and sectional is 70 percentile. IIM Sambalpur CAT cut-off for all the categories are mentioned below:
| Category | Overall | VARC | DILR | QA |
|---|---|---|---|---|
| General | 94 | 73 | 73 | 73 |
| EWS | 77 | 50 | 50 | 50 |
| NC-OBC | 77 | 50 | 50 | 50 |
| SC | 60 | 44 | 44 | 44 |
| ST | 40 | 25 | 25 | 30 |
| DAP | 40 | 25 | 25 | 30 |
IIM Sambalpur Selection Criteria
The following table represents the category - wise minimum CAT percentile for the 2023-25 batch:
| Category | Minimum CAT Percentile |
|---|---|
| General | 80.08 |
| EWS | 70.05 |
| NC - OBC | 74.12 |
| SC | 54.35 |
| ST | 43.49 |
Check: IIM Sambalpur detailed Cut-off
IIM Sambalpur Placements 2024
IIM Sambalpur Placements 2024 has been concluded. IIM Sambalpur highest package stood at INR 23.5 LPA whereas IIM Sambalpur average package stood at INR 14.21 LPA. The highest number of offers came from the Marketing domain (31%) followed by the General Management sector (26%).
The following table represents the placement statistics for the batch 2024 at IIM Sambalpur:
| Particulars | Placement Statistics (2024) |
|---|---|
| Number of Recruiters | 163 |
| Number of New Recruiters | 112 |
| Number of Students | 192 |
| Highest Package (Domestic) | INR 23.5 LPA |
| Average Package | INR 14.21 LPA |
| Median Package | INR 13.15 LPA |
| Top Recruiters | Vedanta, Micron, Adani, Aditya Birla, ICICI Bank, Accenture, etc. |
IIM Sambalpur Average Package
IIM Sambalpur placement statistics in the last 3 years are mentioned in the table below:
| Year | Average Package |
|---|---|
| 2024 | INR 14.21 LPA |
| 2023 | INR 16.64 LPA |
| 2022 | INR 13.20 LPA |
| 2021 | INR 10.35 LPA |
| 2020 | INR 10.86 LPA |
Check: IIM Sambalpur detailed Placement Report
IIM Sambalpur Ranking
IIM Sambalpur has been ranked 58th by NIRF 2023 among the top management institutes in India. IIM Sambalpur's other rankings are mentioned below:
| Ranking Body | Year | Category | Rank |
|---|---|---|---|
| NIRF | 2023 | Management | 58 |
| IIRF | 2024 | Top Govt. B-School | 37 |
| IIRF | 2023 | Top Govt. B-School | 33 |
| Business Today | 2023 | B-Schools | 43 |
Check: IIM Sambalpur Ranking
IIM Sambalpur Vs IIM Jammu Vs IIM Bodh Gaya
| Particulars | IIM Sambalpur | IIM Jammu | IIM Bodh Gaya |
|---|---|---|---|
| NIRF Ranking 2023 | 58 | 41 | 53 |
| Established Year | 2015 | 2016 | 2015 |
| Campus Area | 200 acres | 200 acres | 119 acres |
| Batch Size | 320 | 240 | 300 |
| Admission Process | CAT + PI through SAP | CAT + PI through CAP & SAP | CAT + PI through CAP & SAP |
| CAT Cut-off | 94 percentile | 94 percentile for CAP and 91 percentile for SAP | 94 Percentile for CAP and 91 percentile for SAP |
| MBA Fees | INR 21.01 Lakhs | INR 18.85 Lakhs | INR 17 Lakhs |
| Curriculum | First year includes the foundational courses and the second year includes the electives. | 64.5 core credits in first year and 51 credits in second year and a summer internship in between. | Core courses in the first year, 8-week summer internship and elective courses in the 2nd year. |
| Highest CTC | INR 23.5 LPA | INR 64 LPA | INR 48.58 LPA |
| Average CTC | INR 14.21 LPA | INR 16.5 LPA | INR 15.68 LPA |
| Dual Degree | No dual degree offered | IPM | IPM |
| Scholarship | Need-Based | Merit-Based Scholarships to EWS Category Students | Merit-based and scholarships for ST/SC students. |
Life at IIM Sambalpur
IIM Sambalpur currently functions from the temporary campus, which is located in a peaceful setting, amidst the hills and farmlands. Life inside the IIM Sambalpur campus is hectic, yet it's never mundane.
A typical day at IIM Sambalpur starts at 8.30 am in the morning. Each session is 75 minutes, followed by a 15-minute tea break. The sessions are usually interactive, thus the students are expected to come prepared for the class. The life of the IIM Sambalpur students revolves around classes, assignments, presentations, and exams. Along with that students spend their leisure time playing a variety of sports, strolling around the campus, and attending events conducted by the clubs and committees. IIM Sambalpur hostel fees is INR 3.50 Lakhs for 2 years.
Read More: Life at IIM Sambalpur
IIM Sambalpur Alumni
| Alumni Photograph | Name | Designation | Company |
|---|---|---|---|
|
|
Anjali Shekhar (2015-17) | Marketing Lead | Kristal.AI |
|
|
Surendra Korubilli (2015-17) | Assistant Vice President | Niva Bupa |
|
|
Yash Agrawal (2017-19) | Senior Associate | Acuity Knowledge Partners |
|
|
Vaibhav Gupta (2015-17) | Chief Marketing Officer | iSchoolConnect Inc. |
|
|
Bharath Pannem (2016-18) | Business Analyst | Societe Generale Global Solution Centre |
IIM Sambalpur FAQs
Ques. What is the cut-off of IIM Sambalpur?
Ans. IIM Sambalpur CAT cut-off for MBA admission is 94 percentile overall and 73 percentile for sectional.
Ques. How are placements at IIM Sambalpur
Ans. In the 2024 placement drive at IIM Sambalpur, around 163 companies visited the campus and offered jobs to a total of 192 students. The average CTC recorded was INR 14.21 LPA and the highest CTC was INR 23.5 LPA.
Ques. What is the ranking of IIM Sambalpur?
Ans. IIM Sambalpur has been ranked 58th by NIRF 2023 among the top management institutes in India
Ques. What is the average salary of IIM Sambalpur?
Ans. The average salary of IIM Sambalpur is INR 14.21 LPA according to the 2024 placement.
Ques. How much does MBA cost in IIM Sambalpur?
Ans. The fee for the MBA program at IIM Sambalpur is INR 21.01 Lakhs for 2 years.
Ques. How can I get a seat in IIM Sambalpur?
Ans. The candidates will have to appear for CAT and score above the minimum cut-off and get shortlisted for the personal interview. The final selection will be based on the CAT score, PI score, and the Profile of the candidate.
Ques. What are the courses offered at IIM Sambalpur?
Ans. IIM Sambalpur offers MBA, ExMBA, PhD, and ExPhD programs.
Ques. What is the process for admission to IIM Sambalpur?
Ans. The admission process for IIM Sambalpur first requires the candidate to qualify for Common Admission Test (CAT), followed by a Personal Interview (PI).
Ques. What is the highest package at IIM Sambalpur?
Ans. The highest ackage offered at IIM Sambalpur was INR 23.5 LPA during the 2024 placement drive.
Ques. How many seats are there in IIM Sambalpur?
Ans. The intake of the MBA 2024 batch is around 320.
Ques. Is IIM Sambalpur good for MBA?
Ans. IIM Sambalpur is one of the youngest IIMs, established in 2015. IIM Sambalpur has been ranked 58th in the latest NIRF 2023 top management college rankings. In 2023, the highest salary increased to INR 64.61 LPA, and the average salary remained at INR 16.64 LPA which is very decent considering the total course fee of INR 21.01 Lakhs for 2 years.
Ques, How is the hostel at IIM Sambalpur?
Ans. The hostel has 3 buildings with 2 being dedicated to boys and 1 for girls. Hostelers are provided rooms on a twin-sharing basis. The rooms are well-ventilated and fully furnished having a bed, almirah, mattress, study tables, and chairs. Housekeeping staff maintains the cleanliness of the premise regularly. Apart from this, the hostels are equipped with high-speed internet and table tennis for recreation.
Ques. How is the IIM Sambalpur library?
Ans. There is a rich collection of more than 153,000 articles, 80 journals, and 148,302 book titles from world-renowned publishers. Students can get access to e-resources like JSTOR, EBSCO, Ebrary, and ISID.
Ques. Is IIM Sambalpur among the new IIMs?
Ans. Yes, considering the institute was established in 2015, it is comparatively new addition to the baby IIMs.
Ques. Does IIM Sambalpur offer scholarships?
Ans. No IIM Sambalpur does not offer scholarships to MBA students. It only offers scholarships to PhD students.
Ques. What are the exams accepted by IIM Sambalpur for PhD admissions?
Ans. IIM Sambalpur accepted GRE/GATE/GMAT/JRF (UGC/CSIR) exams for PhD admission. But if the candidate has not appeared for any of these exams then they can appear for Research Aptitude Test Score (IIMSAT), conducted by IIM Sambalpur.
Ques. What is the fees for Executive PhD at IIM Sambalpur?
Ans. The Executive PhD fees at IIM Sambalpur is INR 5,50,000 for 4 years.
Ques. How much stipend is offered to the PhD candidates at IIM Sambalpur?
Ans. IIM Sambalpur provides a fellowship to the PhD students that covers all academic expenses including tuition, computer, library, medical insurance, placement, and alumni fees. The fellowship amount is INR 35,000 per month for first 2 years and INR 40,000 after submitting the TAC-approved thesis proposal.
Ques. What is the pattern for IIMSAT?
Ans. IIMSAT is an online exam of 120 minutes and 270 marks. It consists of 3 sections of 30 questions each and 40 minutes for each. The 3 sections include QA, DILR, and VARC.
Ques. Does IIM Sambalpur offer accommodation facilities to PhD students?
Ans. Since the PhD is a full-time residential program, the bachelor students will be accommodated in the hostels and the married students can be allotted houses in the permanent campus.
Ques. Can PhD students also take lateral admission directly from the second year at IIM Sambalpur?
Ans. Yes, the PhD students who fulfill any of the following requirements will be waived-off from the 1st year coursework:
- PGDM/PGP from any of the IIMs
- MBA from IITs / FMS Delhi / NITIE
- MBA /PGDM from institutions with a top 50 NIRF Ranking
- Candidates with a 2 or 3 years full-time MBA/ PGDM/ PGP from other institutes with a minimum managerial experience of at least 5 years
Ques. Does IIM Sambalpur have its own permanent campus?
Ans. At present, IIM Sambalpur is being operated from the temporary campus. The institute’s permanent campus is to be developed in an area of about 200 Acres at Basantapur village near Goshala in Sambalpur City. It is 5 km from Hirakud Railway Station, 27 Km from Sambalpur District, and 55 km from Jharsuguda Airport.
Ques. Is it expensive to pursue MBA from IIM Sambalpur?
Ans. The total applicable course Fee for IIM Sambalpur MBA Program is INR 21.01 Lakhs . It is much more affordable as compared to the other IIMs, but if a student finds it expensive then he/ she can apply for an educational loan.
Ques. Are there any clubs or committees for students at IIM Sambalpur?
Ans. Yes, IIM Sambalpur has clubs like Finance Club, Entrepreneurship Cell, Emporia - Marketing club, Sigmato - Operations Club, Magnum Opus - Art club, CyberSpark, Sankalp - The Social Club, etc.
Ques. Is CAT compulsory for getting admission to the IIM Sambalpur ExMBA program?
Ans. Apart from CAT exam score, IIM Sambalpur also considers GRE/ GATE or IIM SAT score for its stage I shortlist. Further, shortlisted candidates are required to participate in the Personal Interview Round.
Ques. How many semesters are included in the IIM Sambalpur Student’s exchange program?
Ans. The students who partake in the international exchange program are required to spend an entire trimester at the host University at no additional academic fees. For Instance, As a first step of the collaboration between the two premier B-Schools, IIM Sambalpur sent two of its students for a four-day Summer B-School program in Athens.
Ques. How is the gender diversity of IIM Sambalpur?
Ans. IIM Sambalpur has the highest gender diversity among all IIMs. Following the previous trends, the MBA batch of IIM Sambalpur has witnessed 65 female and 91 male students.
Ques. What are the PhD specializations offered at IIM Sambalpur?
Ans. IIM Sambalpur offers the following specializations in PhD:
- Organizational Behavior& Human Resource Management
- Finance & Accounting Management
- Production and Operations Management
- Economics
- Policy & Strategic Management
- Information System Management
- Marketing Management
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IIM Sambalpur Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
MBA 2 Courses | ₹7.2 Lakhs - 10.05 Lakhs (Total Fees) | Graduation | 20 Jan - 15 May 2024 | |
| EMBA | ₹6 Lakhs (1st Year Fees) | Graduation with 50%+ CAT | 25 Feb - 31 Mar 2024 | |
| MBA - WP | ₹14 Lakhs (Total Fees) | Graduation | 25 Feb - 31 Mar 2024 | |
| Ph.D | ₹3.25 Lakhs (1st Year Fees) | Post Graduation | 31 Mar 2024 | |
| Ph.D | ₹50,780 (Total Fees) | Post Graduation | - |
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Courses Offered By IIM Sambalpur 2024
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IIM Sambalpur Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Upcoming Nov 24, 2024 |
| CAT 2024 Result Date | Tentative Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
| Commencement of classes (EMBA) | Jun 10, 2024 - Jun 16, 2024 |
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Upcoming Nov 24, 2024 |
| CAT 2024 Result Date | Tentative Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
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IIM Sambalpur Rankings 2024
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IIM Sambalpur Scholarship 2024
Scholarship provided by the college.
IIM Sambalpur offers various scholarship schemes for the meritorious and the needy students. One such scheme being Need-Based Financial Assistance (NBFA). Candidates eligible for NBFA programmes are offered a scholarship amount based on their academic performance, family income and other relevant factors.
There are various other forms of financial aid under IIM Sambalpur scholarships provided by the Government of India and private organizations.
Table of Content
2.1 Need-Based Financial Assistance (NBFA)
3.1 Scholarships for Top Class Education of Students with Disabilities (SwDs)
3.2 Top Class Education Scheme for SC Students
3.3 National Fellowship and Scholarship for Higher Education of ST Students
IIM Sambalpur Scholarships Details
The below table gives details of the scholarships available at IIM Sambalpur:-
| Scholarship Name | Amount |
|---|---|
| Need-Based Financial Assistance (NBFA) | Family income range i) up to Rs.1.50 Lakh:- 100% of tuition fee waived; ii) 1.50 Lakh - 3 Lakh :- 75% of tuition fee waived; iii)3 Lakh to 4.5 Lakh:- 50% of tuition fee waived |
| Top Class Education Scheme for Students with Disabilities (SwDs) | Tuition Fee and Non-Refundable Charges- Up to INR 2 lakhs p.a. + Purchase of Computer with Accessories- INR 30,000 + Purchase of Aids and Assistive Devices- INR 30,000 + Maintenance Allowance for Hostellers- INR 3,000 & Day Scholars- INR 1,500 + Books & Stationery- INR 5,000 p.a. |
Check IIM Sambalpur Courses and Fees
IIM Sambalpur Scholarships offered
Need-Based Financial Assistance (NBFA)
The NBFA schemes are provided by the institute itself, i.e. IIM Sambalpur. The scholarships tend to provide financial support to meritorious students based on their academic performance and family income range. The amount of need based scholarships is provided in the form of tuition fee waiver. The details are as mentioned below:-
| Family Income range | Amount of scholarship |
|---|---|
| Up to 1.50 lakhs | 100% tuition fee waiver |
| 1.50 lakhs - 3 lakhs | 75% tuition fee waiver |
| 3 lakhs - 4.5 lakhs | 50% tuition fee waiver |
Check IIM Sambalpur Placements
IIM Sambalpur Scholarships offered by Central Government
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Scholarships for Top Class Education of Students with Disabilities (SwDs)
Scholarships for Top Class Education for Students with Disabilities is initiated by the Department of Empowerment of Persons with Disabilities, Government of India. This scholarship provides financial support to students pursuing studies at UG / PG / Diploma level.
Eligibility
Students must be pursuing studies at UG / PG / Diploma level in notified institutions of excellence in education and having more than 40% disability + a valid certificate for the same. Students should have an annual family income of less than INR 6 lakh from all sources.
Scholarship Amount
| Particulars | Scholarship Amount |
|---|---|
| Tuition Fee and Non-refundable Charges Payable to the Institute | Up to INR 2 lakh per annum (subject to actual amount) |
| Purchase of a Computer with Accessories | INR 30,000 (one-time grant) |
| Purchase of Aids and Assistive Devices | INR 30,000 (one-time grant) |
| Maintenance Allowance | INR 3,000 per month (Hostellers) INR 1,500 per month (Day-Scholar) |
| Books and Stationery | INR 5,000 per annum |
| Special Allowances (related to types of disabilities like reader allowance, helper allowance etc.) | INR 2,000 per month |
Check IIM Sambalpur Admissions 2024
-
Top Class Education Scheme for SC Students
Scholarships are offered by the Ministry of Social Justice & Empowerment, Government of India, to SC students. It is provided based on their annual parental income for the previous financial year. The maximum income limit is INR 8,00,000/-.
Check IIM Sambalpur Cutoff
-
National Fellowship and Scholarship for Higher Education of ST Students
Scholarships are offered by the Ministry of Tribal Affairs, Government of India to ST students. It is provided based on annual parental income from all sources for the previous financial year.
The maximum income limit is INR 6,00,000/-. There is no institute wise/state wise/stream wise ceiling of number of slots.
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How to Apply for IIM Sambalpur Scholarships?
- In order to apply for IIM Sambalpur Scholarships, first need to check the eligibility criteria related to academic performance, family income, students’ previous earnings (if any) etc. These criteria may vary from scholarship to scholarship and time to time.
Step 1:- Visit the official website for IIM Sambalpur or NSP portal for Government scholarships and look for the availability of scholarships.
Step 2:- Then apply for the suitable financial support with proper documentation and personal details.
Documents required:-
- Scanned copies of passport size photograph
- Scanned copies of 10th, 12th and UG / PG marksheets (whichever is applied for)
- Identity proof like Aadhar card
- Family income proof and more as mentioned by the scholarship giver.
Step 3:- Apply for financial support and submit the request form as on the website.
Step 4:- Wait for the approval of your scholarship request and keep
handy the reference id which is generated during the application submission.
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IIM Sambalpur Scholarships FAQs
Ques. Does IIM Sambalpur offer scholarships to its students?
Ans. Yes, IIM Sambalpur offers many scholarships schemes to its students under the institutes, by Government of India, and educational loans from banks etc.
Ques. What are the scholarships offered by the Government of India?
Ans. Top Class Education of Students with Disabilities (SwDs), National Fellowship for education of ST students, Top Class education of SC students etc. are some of the known scholarship programmes.
Ques. Are there scholarships for deserving students at IIM Sambalpur?
Ans. Yes, there are need cum merit based scholarships for deserving students based on their academic performance, family income and needs.
Ques. Where can we apply for government scholarships in IIM Sambalpur?
Ans. Students can apply for Government of India scholarships at the official scholarship portal i.e. National Scholarship Portal (NSP).
Ques. Is it necessary to avail scholarships at IIM Sambalpur?
Ans. No, it is not necessary to avail scholarships. The scholarship schemes are meant for students with low family income and yet having a good academic record to pursue degree programs.
Ques. What other forms of financial assistance can students avail apart from scholarships at IIM Sambalpur?
Ans. IIM Sambalpur also permits students to avail educational loans from their respective banks to continue studying in advanced degree programs. Students must check interest rates, asset value, etc. from their respective banks before availing any student loan.
IIM Sambalpur: 12 Answered Questions
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.
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.
Is it worth to do Post graduation from IIM Sambalpur?
Whether Post Graduation from IIM Sambalpur is worth it or not depends solely on what you want from your MBA and your career interests.
For instance, if you are already prospering in your current workplace, pursuing MBA is not worth the time and fees you will spend. The MBA degree will add no value to your profile so it’s better for you to keep working. I have seen many people forgoing offers from IIM Ahmedabad, Bangalore, Calcutta, and XLRI mainly because they are certain the MBA degree will add no value to their career and is just a waste of time and money.
While choosing any B School be it IIM Sambalpur or any other B School, you need to check if an MBA degree will help you escalate your career or if you will just end up with a hefty loan to repay and no career upgrade.
Coming to IIM Sambalpur specifically, I don’t think a person who is prospering at his current job and wants to do MBA just for the sake of it will want to join IIM Sambalpur. The MBA degree from that institute specifically adds no value at all to his profile. In other cases, you can think of joining IIM Sambalpur.
Which program is better, PGP HRM at IIM Indore or PGPM at IIM Sambalpur?
A specific program at one IIM cannot be compared to a general program at another IIM.
In any case, you shouldn't think about enrolling in a course at IIM Sambalpur. It is too recent and has no prior performance. Additionally, given its location, it won't even draw in top faculty. Instead of IIM Sambalpur, you would be much better off attending some high-quality non-IIM colleges.
The best institute for HR professionals is currently XLRI, followed by TISS, Mumbai. Considering that IIMI is one of the top IIMs and has a brand-new HR program, your learning and employment prospects are both promising. However, make sure you enjoy HR. It is practically impossible to later switch out of HR once you are in it.
How many students have enrolled for IIM Sambalpur?
According to the IIM Sambalpur MBA admission policy 2024-26, the approximate batch size is 320.
Last year in 2023, the approximate batch size was 300 according to the admission policy and around 5,696 students received the provisional admission offer, including students from all the categories.
IIM Sambalpur admission 2023 data are as follows:
| Category | No. of Candidates selected IIM Sambalpur | Candidates Shortlisted for WAT-PI | Candidates with Admission Offer |
|---|---|---|---|
| GEN | 151272 | 9543 | 2464 |
| EWS | 9465 | 2393 | 502 |
| OBC | 36967 | 6104 | 1615 |
| SC | 18357 | 3946 | 752 |
| ST | 5162 | 1183 | 363 |
| PWD | 951 | 306 | NA |
What are the chances to convert IIM Sambalpur, if my waiting is 62 EWS category in the fifth list?
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.
What are some facts about going to IIM Sambalpur this year if I have 2.5 years of experience in IT?
Some facts about IIM Sambalpur are
- The majority of students are from BTech or MTech background
- Most of the students have worked or are working at reputed companies across the country
- Many students have taken a study leave to pursue MBA while some have even left their job for the same
- The majority of students are from the General category that too engineers
- The minority students belong to the ST category
How is IIM Sambalpur for MBA after 3 years of experience?
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.
Is Sambalpur the right place to set up the IIM in Odisha?
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.
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Sambalpur - 768200
Odisha, India
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