Indian Institute of Management (IIM) Sambalpur

IIM Sambalpur has completed final Placement 2024 achieving 100% placement yet again for the large 8^th MBA batch 2022-24 of 192 students. This season has recorded a dip of 14% in average salary which has gone down at Rs.14.21 LPA from Rs.16.64 LPA last year. IIM Sambalpur has highly gender diverse class 2024 with 35% Female. Outperforming the male students, the Girls have got the highest package of Rs 23.50 LPA in  placement 2024. Prominent recruiters in IIM Sambalpur placements 2024 include Adani, Vedanta, Micron, Aditya Birla, GMR Group, Accenture, HDFC, Cognizant, ICICI, Deloitte, EY, PwC, Gartner, Jindal Steels, Grand Thornton, Lowe’s, Akzo Nobel, Tata Power, and others.

In a scenario when most B-schools are facing adverse impact of Economic Slowdown in their placements, IIM Sambalpur too has been affected by this phenomenon with a dip in its Average, and Highest salary for the 2022-24 batch. IIM Sambalpur has started conferring MBA degree instead of diploma after implementation of IIM Act 2017 which empowered the IIMs to award MBA degree.

IIM Sambalpur Placements 2024 Vs Other 3^rd Generation IIMs Placements 2024
Out of the third generation 7 IIMs which started operation in 2015-2016, only IIM Bodh Gaya, IIM Jammu, IIM Sambalpur and IIM Visakhapatnam are the four IIMs who have completed placements for 2022-24 batch. All the four of them have registered dip in average salary which is more for IIM Sambalpur at 14% and for IIM Bodh Gaya at 13% than for IIM Jammu and IIM Visakhapatnam at 6%. Most other IIMs are also witnessing downward trend in placement packages. 

IIM Sambalpur Final Placement 2024: Key Highlights
A key highlight of IIM Sambalpur Placement 2024 is that now the candidates have started negotiating for better salary packages. With an increase in MBA batch size from 167 students last year to 192 students this year, IIM Sambalpur has yet again secured 100% placement. Key highlights of IIM Sambalpur placements 2024 are:

• The average salary of the MBA batch has gone down by 14% at Rs.14.21 LPA from Rs.16.64 LPA last year
• The median salary of the MBA 2022-24 batch has gone down at Rs.13.15 LPA from Rs.16 LPA last year
• No. of Recruiters up at 163 in placement 2024 from 130 last year
• Average Salary for the Top 10% Batch has gone down to Rs.20.76 LPA from Rs.31.69 LPA last year
• For the top 25% of the batch, average salary has gone down at Rs.18.71 LPA from Rs 25.19 LPA last year
• The highest salary has gone down at Rs.23.50 LPA from Rs.64.61 LPA last year
• Female students with prior work ex have excelled with an average salary of Rs 15.14 LPA.
• The largest batch size of the outgoing cohort participated in the placement, with Marketing emerging as the most popular sector, attracting over 31% of the batch, followed by General Management with 26%.
• Top recruiters include Adani, Vedanta, Micron, Aditya Birla, GMR Group, Accenture,  Cognizant, Deloitte, EY, PwC and others.

IIM Sambalpur Final Placements: Key Trends
163 recruiters participated in the recruitment process at the institute, with 49% increase in new recruiters making offers across various domains.

Top Recruiters in IIM Sambalpur Placement 2024
This year's placement season witnessed participation from 163 recruiters, with an increase of 49% in first-time recruiters aiming to find the best talent available on campus. The top recruiters include Adani, Vedanta, Micron, Aditya Birla, GMR Group, Accenture, HDFC, Cognizant, ICICI, Deloitte, EY, PwC, Gartner, Jindal Steels, Grand Thornton, Lowe’s, Akzo Nobel, Tata Power and many more.

Roles Offered
The students were offered prominent roles in Finance, HR, and Operations domains. The positions offered include Management Consultant, Functional Consultant, Product Manager, Seniors Analyst, Research & Advisory, Business Analyst, Team Lead, Sr Consultant, Senior Analyst, Product Management, Credit Manager, Digital Marketing Manager, Project Manager, Sr. RM, Key Account Management, Inventory Planner, among others.