It is difficult to say which is ‘better’ between IIM Sambalpur and IIM Sirmaur, as they both have their own strengths and areas of focus.
IIM Sambalpur is known for its emphasis on rural management and entrepreneurship, while IIM
Sirmaur strongly focuses on sustainable development and rural leadership. Both institutes are new and are still building their reputation
IIM Sirmaur |
IIM Sambalpur |
69th Rank in NIRF |
33rd place in IIRF |
16,00,000 Total Fees |
5,40,000/Yr |
INR 12.74 LPA |
INR 16.64 LPA |
Ultimately, the choice between the two will depend on your personal career goals and interests. It is recommended to research both institutes and visit their websites for more information.
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.
Some facts about IIM Sambalpur are
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.
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.
Now as covid - 19 is not on the rampage it was two years ago so you can join the college campus without any fear.
Coming back to which one you should choose among the two and join, it is your personal choice which depends on your goals and preferences. Below is a table comparing the two colleges on the basis of fees highest salary package, average salary package, and the median salary package as of 2023 figures;
Criteria |
SCMHRD |
IIM Sambalpur |
Fees |
INR 22.1 lakhs |
INR 11 lakhs |
Highest Salary Package |
INR 67.60 LPA (International) INR 35.02 LPA (Domestic) |
INR 64.15 LPA(International) INR 64.61 LPA(Domestic) |
Average Salary Package |
INR 23.71 LPA |
INR 16.64 LPA |
Median Salary |
INR 22 LPA |
INR 16 LPA |
It is completely normal to have an interest in both finance and marketing, as they are both important and widely applicable areas of business. To explore your interest in finance, there are many short, introductory courses available on platforms like Udemy that can be completed at a relatively low cost, such as for no more than INR 500. Additionally, you can read basic finance books from any commerce background to gain a solid foundation in the subject. Similarly, for marketing, there are many courses available on platforms like Udemy, as well as other sites. However, it is worth considering that pursuing an MBA program with a fresh mind and an open outlook for many possibilities may be beneficial for gaining a comprehensive understanding of marketing.
In addition to gaining specialized knowledge in finance and marketing, it is also important to have a good understanding of MS Excel and Powerpoint. These skills are widely used in the business world and will be beneficial for any professional in any vertical or specialization.
The decision on whether or not to take a break and join an IIM depends on your current situation. If you feel that you are at a point where you are no longer making progress in your current role or are at risk of becoming stagnant, it may be beneficial to take a break and pursue an IIM degree. As you are still young, you have a long and promising career ahead of you.
Having a degree from any one of the Indian Institutes of Management (IIMs) will open up a multitude of career opportunities and will be a valuable asset to you throughout your professional journey. An IIM degree is widely recognized as a premier business education and will give you the skills and knowledge to excel in a variety of roles and industries. Additionally, it will provide you with a network of accomplished professionals who will be valuable contacts throughout your career.
You may be considering whether to pursue an MBA at IIM Sambalpur, and there are many reasons why this could be a great choice. Firstly, while the name tag "IIM" may be more well-known among larger companies, it is still a reputable brand and will be recognized by startups and small companies. As a student of IIM Sambalpur, you will have the opportunity to gain exposure by participating in various modules and functions and interacting with other IIM professors and students.
Additionally, it is important to note that talent does not require any specific name or brand recognition, if you have talent and are hardworking, it does not matter if it is a top IIM or a new IIM. It may be that the package offered by IIM Sambalpur is less compared to other top IIMs, but it is important to focus on the learning and development opportunities that are available. Ultimately, one always gets what one deserves and the effort and hard work will pay off.