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IIM Sambalpur: Indian Institute of Management Sambalpur Placement: Average Package, Highest Package, Top Recruiters

  • Sambalpur, Odisha
  • NIRF Ranking for Management 66


Saurav Anand
17/03/2023

IIM Sambalpur Placements is a student-driven process that organizes placements for the entire MBA batch. The Placement Committee at IIM Sambalpur, formed by students, facilitates communication between the recruiters, students, and the institute’s administration for a smooth final placement drive.

The outstanding final placements of the 2021-23 batch and the summer internship drive of the 2022-24 batch at IIM Sambalpur demonstrate the institute's commitment to providing MBA graduates with the skills and knowledge needed to succeed in their management careers.

In this form fees article, we will discuss the Placement Season at IIM Sambalpur in detail

IIM Sambalpur’s 7th MBA batch of 2021-23, comprising 167 students, has achieved a 100% placement record. IIM Sambalpur 2023 final placement average package has notably increased by 26%, reaching INR 16.64 LPA, while the median salary package has also risen by 29% to INR 16.00 LPA.

The highest salary package secured this year is an impressive INR 64.61 LPA, marking a remarkable increase of 146.7% from the previous year. The highest international placement package also witnessed a staggering rise to INR 64.15 LPA.  The average CTC of the top 25% batch has also increased significantly, from INR 18.79 LPA to INR 25.19 LPA. The average for the top 10% of the batch stood at INR 31.69 LPA.

Impressively, female students of IIM Sambalpur have excelled in the final placement drive, with an average salary of INR 18.25 LPA, while male candidates have an average of INR 15 LPA. IIM Sambalpur placements 2023 saw a 30% increase in the number of companies visited for recruitment, setting new standards and surpassing its previous placement records. These impressive figures and statistics are a testament to the institute’s innovative approach to the recruitment process.

IIM Sambalpur placements 2023 witnessed participation from over 130 recruiters, with an increase of 56% in first-time recruiters aiming to find fresh business talents from the campus. The top recruiters include Microsoft, Tolaram, Adani, Vedanta, Micron, Aditya Birla, Jindal Group, Amul, GMR group, TresVista, Amazon, Accenture, Cognizant, ICICI, Cummins, Bosch, Bluestone, Deloitte, EY, PwC, Gartner, Fullerton, Akzo Nobel, Mercedes Benz, Bennett & Coleman, Crisil, Capgemini, Tata Power and many more.

During IIM Sambalpur placements 2023, the MBA students were offered positions in the Finance, Marketing, Sales, General Management, and Operations sectors. The highest number of offers came from the Sales and Marketing domain (27%) followed by the General Management domain (21%). The roles offered include Management Consultant, Functional Consultant, Product Manager, Senior Analyst, Research and Advisory, Business Analyst, Team Lead, Senior Consultant, Senior Analyst, Product Management, Credit Manager, Digital Marketing Manager, Project Manager, Key Account Management, Inventory Planner, among others.

Now let’s take a look at the Summer Internship Placement highlights of the 2022-24 MBA batch at IIM Sambalpur

IIM Sambalpur's 8th MBA batch of 2022-24, comprising 193 students, has achieved a 100% placement. The average stipend increased by 6.14%, reaching INR 65K while the median stipend stood at INR 40K.

The highest stipend secured is an impressive INR 2 lakh per month and the average stipend of the top 25% batch increased from INR 1.20 lakh to INR 1.35 lakh per month, compared to last year. In the summer internship drive as well, female students excelled with an average stipend of INR 69K compared to male candidates who had an average of INR 63K.

Sales and Marketing emerged as the most popular sector during the IIM Sambalpur summer internship drive, attracting over 49.14% of the batch, followed by Operations with 22.29%. The functions offered include R&D Intern, Management trainee, Summer Intern, social media intern, BD and Policy intern, Team manager, and so on.

More than 50 recruiters visited the campus during the internship placement process, with 36 first-time recruiters. The top recruiters include Adani, Vedanta, Aditya Birla, RBI, ICICI, EY, Gartner, Cognizant, HDFC, Dice, V-Guard, SBI Life Insurance, Daimler, Parry Enterprises, and many more.

IIM Sambalpur Placement Process

IIM Sambalpur Placement Process for MBA graduates is characterized by two phases - Summer Internship Placements for the first-year MBA batch and final placements for the graduating MBA batch. The summer internship process is conducted in late November or early December for first-year students and is handled by the second-year placement committee at the institute.

IIM Sambalpur's placement process for the graduating MBA batch is conducted in two stages. During the first stage, prominent recruiters interview students with prior work experience and offer them mid-level managerial positions in January. The second stage is the final placement drive, which happens around February.

The final placement drive at IIM Sambalpur is handled by the newly elected placement committee among the first-year MBA batch students to avoid any conflict of interest and ensure a fair process. Top-rated companies from multiple sectors across different geographies recruit IIM Sambalpur MBA graduates for a wide range of functions.

IIM Sambalpur Placements Report

IIM Sambalpur placements 2023 concluded for its flagship full-time residential MBA program with over 130 recruiters taking part in the placement drive and offering jobs to 167 students.

This placement season at IIM Sambalpur recorded the highest annual CTC offered at INR 64.61 LPA (Domestic) and INR 64.15 LPA (International). The average salary package is INR 16.64 LPA and the median salary is INR 16 LPA. The average salary for female students is INR 18.25 LPA.

ParticularsPlacement Statistics 2023Placement Statistics 2022
Number of Recruiters130+100+
Number of Students 167156
Number of Offers-240
Highest Package (Domestic)INR 64.61 LPAINR 30 LPA
Highest Package (International)INR 64.15 LPAINR 41 LPA
Average PackageINR 16.63 LPAINR 13.20 LPA
Median PackageINR 16 LPAINR 12.42 LPA
Top SectorBFSIIT / Analytics
Top RecruitersAdani, Microsoft, Capgemini, Gartner, Cognizant, Amul, Vedanta, DeloitteInfosys, Tech Mahindra, Berger, Capgemini, TresVista, HDFC Bank

IIM Sambalpur Placements Salary Statistics

ParticularsSalary Statistics
Average Package (Female)INR 18.25 LPA
Average Package (Male)INR 15 LPA
Top 50% Average PackageINR 20.59 LPA
Top 25% Average PackageINR 25.19 LPA
Top 10% Average PackageINR 31.69 LPA
Top 50% Median PackageINR 17.81 LPA 
Top 25% Median PackageINR 22.50 LPA
Top 10% Median PackageINR 23.42 LPA

IIM Sambalpur 2021-23 MBA Batch Profile

MBA Batch strength: 167

Female students: 48%

Male students: 52%

The 2021-23 MBA batch of IIM Sambalpur consisted of students from various academic disciplines.

Academic DisciplinePercentage of Students
Engineering65%
BSc12%
BCom11%
BBA7%
Arts2%
Medical1%
Others2%

Students with Work Experience

Work ExperiencePercentage of Students
Fresher37%
1-12 months14%
13-24 months20%
25-36 months16%
37 months and above13%

IIM Sambalpur Placements Sector-Wise

During the 2023 final placements, IIM Sambalpur MBA students were offered positions in the Finance, Marketing, Sales, General Management, and Operations sectors. The highest number of offers were received from the BFSI Sector (30%).

IIM Sambalpur Placements Sector-Wise details are as follows

SectorsStudents Placed
BFSI30%
IT/ITES26%
Manufacturing14%
Consulting9%
E-Commerce5%
Fintech4%
Logistics & Supply Chain4%
FMCG/FMCD3%
Retail2%
Conglomerate2%
Operations1%

IIM Sambalpur Placements Domain-Wise

During this placement season at IIM Sambalpur, the highest number of offers came from the Sales and Marketing domain (27%) followed by the General Management domain (21%).

IIM Sambalpur Placements Domain-Wise details are as follows

DomainsStudents Placed
Sales & Marketing27%
General Management21%
IT / Analytics19%
Operations12%
Consulting10%
Finance8%
HR3%

IIM Sambalpur Placements Sector-Wise Analysis

As per the sources, the highest package of INR 64 LPA was offered by Tolaram Group.

The following table represents IIM Sambalpur placements sector-wise analysis

SectorsCTC Range
FMCGINR 15 - 19 LPA
BFSIINR 12.4 - 21 LPA
ManufacturingINR 10.5 - 23 LPA
ConsultingINR 10 - 20 LPA
ITINR 8.5 - 18.1 LPA
OthersINR 9 - 64 LPA

IIM Sambalpur FMCG Sector Placements

The following table represents the FMCG sector placements for the 2021-23 MBA batch at IIM Sambalpur

CompanyCTC Range
Amul16.5 – 19 LPA
The Times Group15 LPA

IIM Sambalpur IT Sector Placements

The following table represents the IT sector placements for the 2021-23 MBA batch at IIM Sambalpur

CompanyCTC Range
Accenture16.5 - 17.7 LPA
Amazon16.3 - 18.1 LPA
Infosys BPM8.5 – 10 LPA

IIM Sambalpur BFSI Sector Placements

The following table represents the BFSI sector placements for the 2021-23 MBA batch at IIM Sambalpur

CompanyCTC Range
ICICI Bank16 – 21 LPA
HDFC12.4 LPA
Axis Bank9.4 LPA

IIM Sambalpur Consulting Sector Placements

The following table represents the Consulting sector placements for the 2021-23 MBA batch at IIM Sambalpur

CompanyCTC Range
EY12 – 20 LPA
Deloitte11.4 LPA
PwC10 LPA

IIM Sambalpur Manufacturing Sector Placements

The following table represents the Manufacturing sector placements for the 2021-23 MBA batch at IIM Sambalpur

CompanyCTC Range
Micron23 LPA
Jindal Steel & Power18 – 20 LPA
Vedanta15.5 LPA
L&T12 – 14 LPA
Tata Power10.5 LPA + Benefits

IIM Sambalpur Other Sector Placements

The following table represents the other companies making offers for the 2021-23 MBA batch at IIM Sambalpur

CompanyCTC Range
Tolaram Group64 LPA
Adani21.5 - 23.5 LPA
Aditya Birla GRASIM16 LPA
Lowe's16 LPA
Cognizant15 – 22 LPA
GMR12-15 LPA
Crisil10.7 LPA
Capgemini9 – 10 LPA
Gartner9.75 LPA
Reliance9.5 LPA

IIM Sambalpur Placements Year-Wise Trends

Placement YearAverage PackageMedian PackageHighest Package
2019INR 11.33 LPAINR 9.23 LPAINR 58 LPA
2020INR 10.86 LPAINR 10.50 LPAINR 18.92 LPA
2021INR 11.21 LPAINR 10.35 LPAINR 21 LPA
2022INR 13.20 LPAINR 12.42 LPAINR 41 LPA

IIM Sambalpur Placements Top Recruiters

TolaramAdaniVedanta
MicrosoftS & P GlobalAmazon
AmulThe Times GroupCapgemini
CognizantCrisilDeloitte
EYGartnerHDFC Bank
ICICI BankInfosys BPML & T Technology Services
Axis BankLowe’sAditya Birla GRASIM
MicronReliance RetailTATA Power
AccentureTVSJindal Steel & Power

IIM Sambalpur Summer Internship Placements 2024

During IIM Sambalpur Summer Internship Placements 2024, the MBA batch of 2022-24 achieved a 100% placement. The average stipend increased by 6.14%, reaching INR 65K while the median stipend stood at INR 40K.

The highest stipend secured is an impressive INR 2 lakh per month and the average stipend of the top 25% batch increased from INR 1.20 lakh to INR 1.35 lakh per month, compared to last year.

More than 50 recruiters visited the campus, with 36 first-time recruiters. The top recruiters include Adani, Vedanta, Aditya Birla, Cognizant, ICICI, EY, Gartner, HDFC, Dice, V-Guard, SBI Life Insurance, RBI, Daimler, Parry Enterprises, and many more.

ParticularsInternship Statistics 2024Internship Statistics 2023
Number of Students193167
Number of Recruiters50+65+
Internship Percentage100%100%
Highest StipendINR 2 LakhsINR 3.50 Lakhs
Average StipendINR 65.382 KINR 61 K
Median StipendINR 40 KINR 45 K
Top 50% Average StipendINR 1.02 LakhsINR 84 K
Top 25% Average StipendINR 1.35 LakhsINR 1.20 Lakhs
Top 10% Average StipendINR 1.83 Lakhs-
Female Average StipendINR 69.255 K-
Male Average StipendINR 63.309 K-
Top RecruitersAdani, Vedanta, Cognizant, ICICI, EYGartner, Cognizant, ICICI Bank, Microsoft, DE Shaw

IIM Sambalpur 2022-24 MBA Batch Profile

MBA Batch strength: 193

Female students: 35%

Male students: 65%

The 2022-24 MBA batch of IIM Sambalpur consisted of students from various academic disciplines.

Academic DisciplinePercentage of Students
Engineering48%
BCom19%
BSc15%
BBA10%
Arts3%
Medical1%
Others4%

Students with Work Experience

Work ExperiencePercentage of Students
Fresher54%
1-12 months15%
13-24 months23%
25-36 months5%
37 months and above3%

IIM Sambalpur Summer Internship Placements 2024 Sector-Wise

During IIM Sambalpur Summer Internship Placements 2024, students were offered positions in the Finance, Media, Edtech, Manufacturing, and Healthcare sectors. The highest number of offers were received from the BFSI Sector (27%).

IIM Sambalpur Summer Internship Placements 2024 Sector-Wise details are as follows

SectorsStudents Placed
BFSI27%
Media and Entertainment22%
Ed-Tech16%
IT/ITES9%
Infrastructure and Manufacturing6%
Pharma and Healthcare5%
FMCG/FMCD5%
Consulting4%
Conglomerate3%
Others3%

IIM Sambalpur Summer Internship Placements 2024 Domain-Wise

During the summer internship drive of the 2022-24 MBA batch at IIM Sambalpur, the highest number of offers came from the Sales and Marketing domain (49%) followed by the Operations domain (22%).

IIM Sambalpur Summer Internship Placements 2024 Domain-Wise details are as follows

DomainsStudents Placed
Sales & Marketing49%
Operations22%
General Management10%
Finance8%
IT / Analytics5%
Consulting3%
HR3%

IIM Sambalpur Summer Internship Placements 2024 Top Recruiters

More than 50 recruiters visited IIM Sambalpur during the summer internship placement, with 36 first-time recruiters.

The names of prominent companies who participated in the internship drive are listed below

AdaniAditya Birla CapitalSBI Life Insurance
GartnerCognizantEY
ICICI BankHDFC BankTVS
SwiggyVedantaDecathlon
Delphi TechnologiesTCSIntelliSmart
V-GuardDiceIDC
RBIDaimlerParry Enterprises

IIM Sambalpur Alumni Network

Company NameNumber of Alumni
ICICI Bank12
Amazon8
E&Y6
HDFC Bank5
Cognizant3
Gartner3
Deloitte2
Tata Consultancy Services2
Dice2
TATA Advanced Systems Limited2
ADP2
Axis Bank2
Digit Insurance2

Frequently Asked Questions about IIM Sambalpur Placements

Q. What is the highest salary package offered at IIM Sambalpur during 2023 placements?

Ans. The highest salary package offered at IIM Sambalpur during the 2023 final placements reached an impressive INR 64.61 LPA, marking a remarkable increase of 146.7% from the previous year. The highest international package received at the institute was INR 64.15 LPA. 

Q. What is the average salary offered at IIM Sambalpur?

Ans. The average package offered at IIM Sambalpur during the 2023 final placement was INR 16.64 LPA.

Female MBA students received an average salary of INR 18.25 LPA, while male candidates had an average of INR 15 LPA.

The average package of the top 505 of the batch stood at INR 20.59 LPA, with the top 25% receiving an average package of INR 25.19 LPA, and the top 10% of the batch securing an average of INR 31.69 LPA.

Q. Which sector recruited the maximum number of students at IIM Sambalpur?

Ans. In the final placement drive of 2023, the maximum percentage of students were placed in the BFSI Sector (30%) followed by the IT/ITES Sector (26%).

Q. Which domain recruited the maximum number of students from IIM Sambalpur?

Ans. The highest number of offers came from the Sales and Marketing domain (27%) followed by the General Management domain (21%).

Q. What is the participation of female MBA students in the placements at IIM Sambalpur?

Ans. In the 2023 final placements at IIM Sambalpur, female students received an average salary of INR 18.25 LPA, while male candidates received an average of INR 15 LPA.

In the summer internship placement for the 2022-24 MBA batch, female students excelled with an average stipend of INR 69K compared to male candidates who had an average of INR 63K.

Q. What are the roles offered to MBA students during IIM Sambalpur 2023 final placements?

Ans. The roles offered to MBA students during IIM Sambalpur 2023 final placements include Management Consultant, Functional Consultant, Product Manager, Senior Analyst, Research and Advisory, Business Analyst, Team Lead, Senior Consultant, Senior Analyst, Product Management, Credit Manager, Digital Marketing Manager, Project Manager, Key Account Management, Inventory Planner, among others.

Q. How are the placements at IIM Sambalpur?

Ans. IIM Sambalpur’s 7th MBA batch of 2021-23, comprising 167 students, has achieved a 100% placement record.

The average salary package increased by 26% and the median salary package rose by 29% compared to previous years.

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

Ans. Top recruiters at IIM Sambalpur final placements include Microsoft, Tolaram, Adani, Vedanta, Micron, Aditya Birla, Jindal Group, Amul, GMR group, TresVista, Amazon, Accenture, Cognizant, ICICI, Cummins, Bosch, Bluestone, Deloitte, EY, PwC, Gartner, Fullerton, Akzo Nobel, Mercedes Benz, Bennett & Coleman, Crisil, Capgemini, Tata Power and many more.

Q. How many companies participated in the 2023 final placement at IIM Sambalpur?

Ans. More than 130 recruiters participated in the 2023 final placement at IIM Sambalpur, with an increase of 56% in first-time recruiters.

Q.  What is the stipend offered in the summer internship placement at IIM Sambalpur?

Ans. In the Summer Internship Placement 2024 at IIM Sambalpur, the highest stipend stood at INR 2 lakhs, the average stipend stood at INR 65K, and the median stipend stood at INR 40K. The top 25% of students were offered an average stipend of INR 1.35 lakhs.

Q.  How many companies participated and how many students were placed in the summer internship placement 2024 at IIM Sambalpur?

Ans. During the Summer Internship Placement for the 2022-24 batch at IIM Sambalpur, 100% of students were placed by over 65 recruiters.

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