IIM Sambalpur Placements 2023: Average Package: INR: 18.25 LPA & Highest Package: INR 64.61 LPA

Sambalpur, OdishaAutonomous UniversityEstd 2015
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IIM Sambalpur Placements 2023: Average Package: INR: 18.25 LPA & Highest Package: INR 64.61 LPA

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Written By Mayank Badhwar 

IIM Sambalpur Placements 2023 has been concluded. IIM Sambalpur highest package stood at INR 64.61 LPA which was offered by Microsoft, whereas IIM Sambalpur average package stood at INR 16.64 LPA. The highest number of offers came from the Sales & Marketing sector (27%) followed by the General Management sector (21%). Students received various job roles like Management Consultant, Functional Consultant, Product Manager etc. 130 recruiters including 75 new recruiters participated in IIM Sambalpur Placements 2023. Some of the top recruiters included Microsoft, Vedanta, Tolaram, Amul, Adani, EY etc.      

IIM Sambalpur Summer Internship Placements 2023 final report has been released with 100% placements. IIM Sambalpur highest Stipend stood at INR 3.5 Lakhs and the IIM Sambalpur average Stipend stood at INR 61.59 K per month.

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Table of Content

  1. IIM Sambalpur Placements 2023 Report
  2. IIM Sambalpur Placements 2022 Sector Wise Analysis

2.1 IIM Sambalpur Consulting Sector Placements 2022

2.2 IIM Sambalpur BFSI Sector Placements 2022

2.3 IIM Sambalpur FMCG / FMCD / Retail Sector Placements 2022

2.4 IIM Sambalpur IT / EdTech / E-Commerce Sector Placements 2022

2.5 IIM Sambalpur Other Sector Placements 2022

  1. IIM Sambalpur Placements 2022 Salary Statistics
  2. IIM Sambalpur Placements 2022 Sector Wise
  3. IIM Sambalpur Placements 2022 Domain Wise
  4. IIM Sambalpur Placements Year - Wise Trends
  5. IIM Sambalpur Placements 2022 Batch Profile
  6. IIM Sambalpur Placements 2021 Sector Wise Analysis

8.1 IIM Sambalpur IT / Consulting Sector Placements 2021

8.2 IIM Sambalpur Sales & Other Sector Placements 2021

  1. IIM Sambalpur Summer Internship Placements 2023 Report
  2. IIM Sambalpur Summer Internship Placements 2023 Sector-Wise
  3. IIM Sambalpur Summer Internship Placements 2023 Domain-Wise
  4. IIM Sambalpur Summer Internship Placements 2023 Top Recruiters
  5. IIM Sambalpur Alumni Network
  6. IIM Sambalpur Placements FAQs

IIM Sambalpur Placements 2023 Report

Particulars Placements Statistics (2021-23) Placements Statistics (2020-22)
Number of Recruiters 130 100+
First Time Recruiters 75 50%
Number of Roles Offered - 219
Highest International CTC INR 64.15 LPA INR 41 LPA 
Highest Domestic CTC INR 64.61 LPA INR 30 LPA
Highest CTC Secured - INR 26 LPA
Average CTC INR 16.64 LPA INR 12.64 LPA
Median CTC INR 16 LPA INR 11.42 LPA
Average CTC of Top 10% Students INR 31.69 LPA -
Average CTC of Top 25% Students - INR 17.11 LPA
Average CTC of Top 50% Students - INR 15.19 LPA
Average CTC (Women) INR 18.25 LPA -
Median CTC of top 25% Students - INR 16.42 LPA
Median CTC INR 16 LPA -
Major Sector  Sales & Marketing  Systems/IT
Major Domains Finance, HR, Operations IT / Analytics
Job Roles Offered Management Consultant, Functional Consultant, Product Manager etc -
Top Recruiters Microsoft, Vedanta, Tolaram, Amul, Adani, EY HCL, Infosys, Reliance Retail

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IIM Sambalpur Sector Wise Analysis 2022

As per the Information collected by Collegedunia, following is the sector wise placements for the batch 2022 at IIM Sirmaur:

Sector

Number of Students Placed

Highest CTC Offered

Consulting

51

INR 22 LPA

BFSI

38

INR 18 LPA

FMCG / FMCD / Retail

4

INR 17 LPA

IT / EdTech / E-Commerce

71

INR 22 LPA

Other

14

INR 35 LPA

IIM Sambalpur Consulting Sector Placements 2022

The following table represents the Consulting Sector placements for the batch 2022 at IIM Sambalpur:

Company CTC Roles No. of Students
Deloitte INR 14-16 LPA Consulting 6
EY INR 12-14 LPA Consulting 6
Gartner INR 10-12 LPA Market research 2
Accenture INR 14-17 LPA Team Lead 20
Capgemini INR 10-12 LPA Consulting 10
ZS INR 19-22 LPA Consulting 0
Cognizant INR 14-16 LPA Consulting 6
Hasedin INR 14-16 LPA Consulting 1
EvalueServe INR 10-12 LPA Consulting 0

IIM Sambalpur BFSI Sector Placements 2022

The following table represents the BFSI Sector placements for the batch 2022 at IIM Sambalpur:

Company CTC Roles No. of Students
ICICI Bank INR 16-18 LPA Multiple 8
Bajaj Allianz INR 12-16 LPA Multiple 12
HDFC Bank INR 9-12 LPA SRM 10
ICICI Prudential INR 16-18 LPA Prod Man 1
TresVista INR 19-21 LPA Analyst 1
Lenden Club INR 9-10 LPA Management Trainee 2
Bandhan Bank INR 8-11 LPA SRM 2
The Clearing Corporation of India INR 16-18 LPA Assistant Manager 2
DaraShaw INR 15-17 LPA Analyst 0

IIM Sambalpur FMCG / FMCD / Retail Sector Placements 2022

The following table represents the FMCG / FMCD / Retail Sector Placements for the batch 2022 at IIM Sambalpur:

Company CTC Roles No. of Students
Berger Paints INR 14-16 LPA ASM 2
V-Guard INR 12-15 LPA ASM 2
MTR INR 15-17 LPA ASM 0
Relaince INR 8-12 LPA MT 0
Aron INR 12-14 LPA MT 0

IIM Sambalpur IT / EdTech / E-Commerce Sector Placements 2022

The following table represents the IT / EdTech / E-Commerce Sector placements for the batch 2022 at IIM Sambalpur:

Company Roles Designation No. of Students
L&T 14-18 LPA Managment Trainee 0
Amazon 12-16 Project Man 4
Infosys 9-12 Multiple 20
Tech Mahindra 9-11 Multiple 10
Just Dial 10-12 Prod man 2
BYJU's 8-11 MT 12
Tredence 16-18 Analyst 4
Brane Enterprise 19-22 Analyst 2
TATA Advanced Systems 11-16 Multiple 2
HCL 8-11 Analyst 2
Planet Spark 19-21 MT 1
TA Digital 19-22 MT 10
India Mart 18-21 ASM 2
Career Launcher 12-14 ASM 0
MSwipe 8-11 ASM 0

IIM Sambalpur Other Sector Placements 2022

The following table represents the other sector placements for the batch 2022 at IIM Sambalpur:

Company CTC Roles No. of Students
Vedanta 18-20 MT 6
Amul 13-16 MT 1
TATA Steel 8-10 HR 2
TATA Motors 15-16 MT 1
Bharat Serum & Vaccination Limited 16-18 MT 1
Darwin Box 12-14 HR 3
Far Eye 30-35 Multiple 0
Alfa Laval 15-17 MT 1
Macleods 16-18 MT 0
Sutherland 14-18 MR 0

IIM Sambalpur Placements 2022 Salary Statistics

The following table represents the increase in salary statistics of batch 2022 at IIM Sambalpur:

Salary Increase in CTC
Highest CTC 24.71%
Top 25% 14.75%
Average Package 12.68%
Median Package 10.33%

IIM Sambalpur Placements 2022 Sector Wise

The following table represents the sector wise placements for the batch 2022 at IIM Sambalpur:

Sector wise Placement Graph

In the placement drive of 2022, the maximum percentage of students were placed in the IT / Analytics Sector (46.20%) followed by BFSI / NBFC Sector (46.2%).

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IIM Sambalpur Placements 2022 Domain Wise

The following table represents the domain wise placements for the batch 2022 at IIM Sambalpur:

Domains Percentage of Students
Consulting 16%
Finance 3.2%
General Management 17.3%
Marketing / Sales 13.5%
Operations / Supply Chain 3.2%
Systems / IT 46.8%

The maximum percentage of students were placed in the Systems / IT domain (46.8%) followed by the General Management domain (17.3%).

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IIM Sambalpur Placements Year - Wise Trends

The following table represents the year wise placement statistics at IIM Sambalpur:

Batch 2017-19 2018-20 2019-21 2020-22
Number of Companies 49 100 140 100+
Number of Offers 69 - - 269
Highest CTC INR 20 LPA INR 18.92 LPA INR 26.4 LPA INR 41 LPA
Average CTC INR 11.33 LPA INR 10.87 LAP INR 11.21 LPA INR 12.64 LPA

It is observed that there has been a Y-O-Y increase in the highest CTC as well as the average CTC.

IIM Sambalpur Placements 2022 Batch Profile

The following infographic represents the batch profile of batch 2022 at IIM Sambalpur:

Batch Profile Infograph

IIM Sambalpur Placements 2021 Sector Wise Analysis

As per the information gathered by Collegedunia, the maximum number of students were placed in the IT / Consulting sector and the Highest CTC of INR 18 LPA was offered by CCIL.

Sectors Number of Students Highest CTC Range
IT / Consulting 23 INR 15 - 17 LPA
Sales & Others 19 INR 17 - 18 LPA

IIM Sambalpur IT / Consulting Sector Placements 2021

The following table represents the IT / Consulting sector placements for the batch 2021 at IIM Sambalpur:

Companies Profile No of students CTC
Deloitte HCM Consultant 2 12-14
EY Associate/Consultant 3 9-13
KPMG Management Consultant 1 11-14
Ramco Business Analyst/Consultant 3 14-16
just Dial Associate Product Manager 1 9-11
Infosys Business Analyst/Consultant 1 8-11
IBM Consultant 0 9-11
Tech Mahindra Management Trainee 1 9-12
Mindtree Associate Consultant 1 12-14
IQVIA Consultant 0 12-14
ZS Consultant 0 15-17
Accenture Consultant 0 9-13
Veedol Marketing Officer 1 10-13
Jeevitam Project Manager 4 10-13
Areteans Business Architect 5 10-12

IIM Sambalpur Sales & Other Sector Placements 2021

The following table represents the Sales & Other Sector Placements for the batch 2021 at IIM Sambalpur:

Companies Profile no of students CTC
Gartner Market Research Specialist 1 9-10
Nielsen Market Research 0 8-10
Amul Senior Sales Executive 1 15-17
Vedanta Key Account Manager 1 15-18
Byjus Lead Marketing 1 10
Reliance Retail Management Trainee 1 10-11
ICICI Prudential Business Associate 1 12
Tata Adv. Systems Management Trainee 0 9-10
Tata Steel Management Trainee 5 9-12
RAAM Group Management Trainee 0 10-12
Bluestar Management Trainee 0 12
Tresvista Analyst 0 14-15
Bajaj Allianz Project/Product Manager, Management Trainee 6 13-15
Suzlon Management Trainee 0 10-12
Sharda Motor Management Trainee 0 8-10
Trident Group Management Trainee 1 12-14
CCIL Management Trainee 0 17-18
Kotak Mahindra Product Manager 1 12-14

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IIM Sambalpur Summer Internship Placements 2022

Batch Insternship Statistics 2022 Internship Statistics 2023
Batch Strength 157 167
Percentage of Students Placed 100% 100%
Companies Participated 110+ 65+
Highest Stipend INR 1.7 Lakhs per month INR 3.50 lakhs per month
Average Stipend INR 48.2 K per month INR 61.59 K per month
Median Stipend INR 47.7 K per month INR 45.50 K per month
Top 25% Students Average Stipend INR 72.5 K per month INR 1.20 Lakhs per month
Top 50% Students Average Stipend INR 56.6 K per month INR 84.82 K per month
Major Domains BFSI, FMCG, IT/ITES Sales & Marketing, Research/Analytics/Consulting
Top Recruiters ICICI Bank, Google, TCS BCG, Microsoft, ICICI Bank, Vedanta

During the summer internship placement drive of 2023, the highest stipend increased by 106% & stood at INR 3.5 Lakhs per month. Average stipend increased by 28% & stood at INR 61.59 K per month. Top quartile average stipend increased by 66% as compared to the previous year & stood at INR 1.20 Lakhs per month. Top 50% average stipend stood at INR 84.82 K per month. The median stipend offered was INR 45.50 K per month.

More than 65 recruiters visited the campus & offered internships to 167 students. Major recruiters included BCG, Microsoft, ICICI Bank, Vedanta etc. Recruiters came from various domains. The highest number of offers were made from the Sales & Marketing domain. IT/ITES/Consultancy were the top sectors during the summer internship placement drive.

IIM Sambalpur Summer Internship Placements 2023 Sector-Wise

The following table represents the sector wise summer internship placements of 2023:

Sector Percentage of Students
IT/ITES/Consultancy 36.88%
BFSI/NBFC 12.50%
EdTech 11.88%
Research/Analytics/Consulting 10%
Manufacturing/Automobile 8.13%
Energy/Oil & Gas 6.25%
FMCG/FMCD 6.25%
Pharmaceuticals/Healthcare 5%
Others 3.13%

During the summer internship placement drive of 2023, the maximum number of offers came from the IT/ITES/Consultancy sector followed by the BFSI/NBFC sector.

IIM Sambalpur Summer Internship Placements 2023 Domain-Wise

The following table represents the domain wise placements of IIM Sambalpur:

IIM Sambalpur Summer Internship Placement Domain -wise

In the summer internship placement drive of 2022, the maximum number of students were offered internships in the Sales & Marketing domain followed by the Research/Analtics/Consulting domain.

IIM Sambalpur Summer Internship Placements 2023 Top Recruiters

BCG Microsoft ICICI Bank
Vedanta Bajaj Allianz Gartner
RBI TCS Cognizant
HP Indian Oil Jio Crea

IIM Sambalpur Alumni Network

Name of the Organisation Number of Alumni
IIM Sambalpur 105
HDFC Bank 14
Bears n Bulls - The Finance Club of IIM Sambalpur 7
Sigmato - Operations Club - IIM Sambalpur 7
Consiglio - Consulting Club - IIM Sambalpur 7
Office of International Relations 6
EY 5
Vedanta Limited 5
Emporia, The Marketing Club - IIM Sambalpur 5
Gartner 5
Orgobell 5
SBI Life Insurance 5
Bajaj Allianz Life 4
Tech Mahindra 4
Evalueserve 4

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IIM Sambalpur Placements 2022 FAQs

Ques. What sort of salary packages were offered in the placement drive of 2022 at IIM Sambalpur?

Ans. In the placement drive of 2022, there was 24.71% increase in the Highest CTC which stood at INR 41 LPA and the Highest Domestic CTC stood at INR 30 LPA whereas the Average CTC stood at INR 12.64 LPA.

Ques. In which sector does the maximum number of students were placed at IIM Sambalpur?

Ans. In the placement drive of 2022, the maximum percentage of students were placed in the IT / Analytics Sector (46.20%) followed by BFSI / NBFC Sector (46.2%).

Ques. In which domain does the maximum number of students were placed at IIM Sambalpur?

Ans. The maximum percentage of students were placed in the Systems / IT domain (46.8%) followed by the General Management domain (17.3%).

Ques. Which are the top recruiting companies at IIM Sambalpur?

Ans. Top recruiters like Bajaj Allianz, ZS Associates, Deloitte India, KPMG, Ernst & Young, Amul, Vedanta, SBI Life, Tata Steel BSL, Accenture, IBM, Ramco Systems participated in the placement drive.

Ques. How many companies participated in the placement drive of 2021 at IIM Sambalpur?

Ans. During the placement drive of 2021, there was 90% increase in the number of recruiters wherein the number stands at 140.

Ques. What is the stipend offered in the summer internship placement drive of 2022 at IIM Sambalpur?

Ans. In the summer internship placement drive of 2022, the highest stipend stood at INR 1.7 Lakhs and the average stipend stood at INR 48.2K and the median stipend stood at INR 47.7K and the top 25% and 50% students were offered the average stipend of INR 72.5K and 56.6K.

Ques. How many recruiters participated and how many students were placed in the summer internship placement drive of 2022 at IIM Sambalpur?

Ans. During the summer internship placement drive of 2022, 100% students were placed by over 110 recruiters.

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IIM Sambalpur Highest and Average Package

Highest PackageAverage Package
23.50 L
14.21 L
04.7 Lakhs9.4 Lakhs14.1 Lakhs18.8 Lakhs23.5 Lakhs

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IIM Sambalpur: 3 Answered Questions

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)?

Ridhhi DograStudied at Indian Institute of Management Sambalpur

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.
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What is the average package of IIM Sambalpur?

Ashmita MukharjeeMBA at 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.

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What was the Summer Internship data for IIM Sambalpur?

Jasmine Grover
Epil Gagrai

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%
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Frequently Visited Companies

Companies
AmazonCognizantErnst & YoungIndian Oil Corporation Ltd (IOCL)
InfosysTata MotorsUCO BankAccenture
DeloitteGoogleHDFC BankJK Tyre
MicrosoftTata SteelTCSBank of India
L&T InfotechBosch LtdNalcoTata Consulting Engineers Ltd.
KPMGCapgeminiSBI Life InsuranceTech Mahindra

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