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Questions Asked On IIM Sambalpur, Sambalpur

Is it worth joining IIM Sambalpur? I have converted IMT Ghaziabad and got a call from IIM Sambalpur. Would it be better than IMTG and IMI?

VK
Vikrant Kunwar Posted On : August 29th, 2022
PGDM from Indian Institutes of Management

You should choose IMT Ghaziabad, it offers better placements. Being an older institute, it has a widespread alumni network. Big MNCs such as Google, Microsoft, Morgan Stanley, Goldman Sachs, etc. take part in the IMT Ghaziabad placement drive. In 2022, the average and highest CTC offered to the students were INR 15.28 LPA and INR 62 LPA, respectively. IMT also offers better facilities and infrastructure. 

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Are the six newest IIMs a good option? (i.e., IIM Nagpur, Vizag, Amritsar, Sirmaur, Bodhgaya, Sambalpur)

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Ashmita Mukharjee Posted On : April 29th, 2022
MBA at IIM Sambalpur

It depends on your profile. If you are a general category student with good academic records - more than 85 percent throughout 10th, 12th, and graduation, then old IIMs will be better. 

If you aren’t getting the old IIMs, you can consider new IIMs like IIM Nagpur, Sambalpur, Vizag, Amritsar, Sirmaur, and Bodhgaya. Being part of any recently established institute is a different experience altogether. You will get to set the culture on campus which your juniors will inherit. These baby IIMs have decent placements. You will get placement opportunities through campus drive if you have a good academic record. Here are the average CTC statistics for these IIMs.

Institute  Average CTC 
IIM Nagpur  INR 15.21 LPA
IIM Vizag INR 15.06 LPA
IIM Amritsar INR 14.63 LPA
IIM Sirmaur  INR 12.74 LPA
IIM Bodhgaya  INR 12.36 LPA
IIM Sambalpur  INR 12.64 LPA

If you are willing to work hard and want to take advantage of opportunities that come with newly established institutes, then you should join these new IIMs. 

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Which is better, IIM Sambalpur or IRMA Anand?

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Saswata Mukherjee Posted On : August 29th, 2022
IIM SBP PGP'23

For general management, IIM Sambalpur is better. Although it is a new IIM, it offers better visibility and networking opportunities to students. The IIM brand name is well-recognized in the industry. IIM Sambalpur placements have been good over the last few years. During 2022 placement drive, the average and highest CTC offered to the students were INR 41 LPA and INR 12.34 LPA. Deloitte India, SBI Life, E&Y, ZS Associates, etc. are among the major recruiters that took part in the placement drive.

Choose IRMA over IIM Sambalpur, only if you are interested in rural management.  

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Which is better IIM Sambalpur or IIM Sirmaur?

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Sayak Dasgupta Posted On : April 29th, 2022
MBA Postgraduate Programs & Operations Management, Indian Institute of Management Sirmaur (2020)

IIM Sirmaur will be better. It has a better location compared to IIM Sambalpur. The placement record of the institute is also better. Dring IIM Sirmaur placements 2022, students received a median CTC of INR 12.23 LPA. While the average CTC for the top 25% of students was INR 17.16 LPA. 

IIM Sirmaur has a good start-up culture. It is an exciting time to be a part of the institute. You will get the opportunity to start clubs and committees and play important roles in organizing debut flagship events. 

IIM Sirmaur PGP has an International Immersion Programme. It was introduced to make leaders who can understand and adapt to the latest requirements of industry from around the world. This program will be a differentiator in the CV.  

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Which one should be chosen between XIMB and IIM Sambalpur?

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Dhiraj Sinha Posted On : April 29th, 2022
MBA from Indian Institute of Management Shillong (2019)

You should choose XIMB. It has a strong market presence, excellent placement record, a well-developed alumni base, and brilliant faculties. 

XIMB placements 2021 states an average CTC of INR 15.51 LPA. While the median CTC was INR INR 14.5 LPA. The placement packages offered are higher than IIM Sambalpur. XIMB has a large batch size, so competition is higher among students. 

XIMB is counted among the top B-Schools in India. Compared to new IIMs like IIM Sambalpur, it is definitely a better option. 

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What is the average package of IIM Sambalpur?

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Sumit Thakur Posted On : April 29th, 2022
MBA Finance & Marketing, Indian Institute of Management Sambalpur (2019)

IIM Sambalpur placements 2022 had an average package of INR 12.64 LPA. The salary package details for this placement drive are as follows.

Top 50% average CTC  INR 15.19 LPA
Top 25% average CTC  INR 17.11 LPA
Median CTC INR 11.42 LPA
Highest International CTC  INR 41 LPA
Highest Domestic CTC  INR 30 LPA

Some of the major recruiters that visit the campus placement are Deloitte India, Bajaj Allianz, IBM, Vedanta, JustDial, etc. 

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Are there any IIM Sambalpur students here? What are your experiences? Would it be worth joining IIM Sambalpur?

SJ
Sidhharth Jain Posted On : March 1st, 2023
Senior Consultant at Oracle (company)

If you're looking for a brand name, you should definitely join IIM Sambalpur because, even though it may not be now, it will undoubtedly be helpful to you in the near future. You can join without hesitation if you are interested in knowledge and faculty. If you're looking for facilities and infrastructure, look elsewhere. 

IIM Sambalpur's 6th MBA batch achieved 100% placement with a 12.68% increase in average salary and a 10.33% increase in median salary. The highest salary reached Rs.26.19 LPA. Top recruiters from IT, business consultancy, FMCG, and BFSI participated, including Amazon, Infosys, and Accenture Technology, reflecting the high demand for graduates.

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Which one to choose between Fore School, IIM Sirmaur, and IIM Sambalpur?

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Harish Bagesh Posted On : February 13th, 2023
Assistant Manager at Gramin Bank of Aryavart (2021–present)

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.

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What courses should I do before pursuing an MBA at IIM Sambalpur if I have an interest in finance and marketing?

SJ
Sidhharth Jain Posted On : February 13th, 2023
MBA from Indian Institute of Management Kozhikode (Graduated 2020)

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.

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Is it worth joining IIM Sambalpur for a 2-year MBA with 5 years of work experience?

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Yashaswi Singh Posted On : February 13th, 2023
Professor at Ajeenkya D.Y. Patil University (2016–present)

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.

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