Ans. IIM Sambalpur offers a two-year Master of Business Administration (MBA), Executive MBA, MBA for Working Professionals, Ph.D., Executive Ph.D., and MDP Programs.
Ans. IIM Sambalpur has been ranked 58th by NIRF 2023 Rankings among the Top Management institutes in India.
Ans. During the 2023 final placement drive at IIM Sambalpur, more than 130 companies visited the campus and offered job opportunities to the batch of 167 students. The average CTC recorded was INR 16.63 LPA and the highest CTC was INR 64.61 LPA. Female students received an average salary of INR 18.25 LPA, while male candidates had an average of INR 15 LPA.
Ans. The CAT Cut-off for MBA admission at IIM Sambalpur is 92 percentile (overall) and 70 percentile (sectional), for the general category students.
Ans. The average salary offered at IIM Sambalpur is INR 16.63 LPA according to the 2023 final placement.
Ans. Interested candidates must appear for the CAT and score above the minimum IIM Sambalpur cut-off to get shortlisted for the personal interview. The final selection will be based on the CAT Score, PI score, and Overall Profile of the candidate.
Ans. IIM Sambalpur's MBA 2023-25 batch intake is around 300.
Ans. IIM Sambalpur is one of the youngest IIMs, established in 2015. It has been ranked 58th in the latest NIRF 2023 top management college rankings. In 2023 placements, the highest salary increased to INR 64.61 LPA, and the average salary remained at INR 16.63 LPA which is very decent considering the MBA total course fee of INR 17.86 lakhs.
Ans. Apart from CAT Exam score, IIM Sambalpur also considers GRE/GATEor IIM SAT score for shortlisting candidates for the Executive MBA Program. Further, shortlisted candidates will be called to participate in the Personal Interview round.
Ans. IIM Sambalpur has 3 hostel buildings with 2 being dedicated to boys and 1 for girls. Hostelers are provided rooms on a sharing basis. The rooms are well-ventilated and fully furnished having beds, almirah, study tables, and chairs. The hostels are equipped with high-speed internet and table tennis rooms for recreation. Housekeeping staff maintains the cleanliness of the premises regularly.
Ans. Yes, IIM Sambalpur offers Need-Based Financial Assistance to MBA students. It also offers grants to Ph.D. students.
Ans. IIM Sambalpur accepts valid GRE/GATE/GMAT/JRF (UGC/CSIR) scores for Ph.D. admission. However, if the candidate has not appeared for any of these exams, they can appear for the Research Aptitude Test (IIMSAT), conducted by IIM Sambalpur.
Ans. IIM Sambalpur offers fellowship grants to Ph.D. students that cover all academic expenses including tuition, computer, library, medical insurance, placement, and alumni fees. The fellowship amount is INR 35k per month for the first 2 years and INR 40k from the 3rd to the 4th year after submitting the TAC-approved thesis proposal.
Ans. IIM Sambalpur Ph.D. is a full-time residential program, accommodating bachelor students in the hostels and providing houses on the permanent campus for married students.
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.
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.
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%).
Ans. The highest number of offers came from the Sales and Marketing domain (27%) followed by the General Management domain (21%).
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.
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.
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.
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.
Ans. More than 130 recruiters participated in the 2023 final placement at IIM Sambalpur, with an increase of 56% in first-time recruiters.
Ans. During the Summer Internship Placement for the 2022-24 MBA batch at IIM Sambalpur, the highest stipend received was INR 2 lakhs, the average stipend was INR 65K, and the median stipend was INR 40K. The top 25% of students received an average stipend of INR 1.35 lakhs.
Ans. In the Summer Internship Placement 2024 at IIM Sambalpur, 100% of students were placed by over 65 recruiters.
Ans. IIM Sambalpur offers Need-Based Financial Assistance to MBA students. Apart from that, several Government of India scholarships are available to SC/ST students and students with disabilities.
Ans. Scholarship for Top Class Education of Students with Disabilities, Top Class Education scheme for SC students, National Fellowship and Scholarship for Higher Education of ST students, etc. are some of the known GOI scholarship programs available at IIM Sambalpur.
Ans. Yes, there are Need-Based Financial Assistance schemes for deserving students based on their academic performance, family income, and financial requirements.
Ans. Eligible students can apply for Government of India scholarships through the official National Scholarship Portal (NSP).
Ans. No, it is not necessary to avail of scholarships at IIM Sambalpur. The scholarship schemes are meant for meritorious students with low annual family incomes to pursue degree programs.
Ans. IIM Sambalpur also allows MBA students to avail of educational loans from banks to pursue advanced management programs at the institute. However, students must check interest rates, asset value, and other loan conditions from their respective banks before availing of any student loan.
Ans. The only criteria for availing of Need-Based financial assistance at IIM Sambalpur are that the students must have performed well in the first two terms and the annual family income must be less than INR 4.5 lakhs. However, 100% scholarships will only be given on the MBA tuition fees and not on other expenses.
Ans. IIM Sambalpur's MBA fee for the academic year 2024-26 is around INR 17.86 lakhs.
Ans. INR 12 lakhs which includes tuition fees, virtual library access, and campus immersion.
Ans. Yes, the IIM Sambalpur MBA fee increased for the 2023 academic year. Previously, the institute charged around INR 17.76 lakhs for its two-year MBA, and in 2023, it increased to INR 17.86 lakhs.
Ans. IIM Sambalpur MBA fees include costs like tuition fees, hostel fees, student activity fees, placement facilitation charges, mess fees, alumni fees, and the refundable caution deposit.
Ans. The two-year executive MBA at IIM Sambalpur charges INR 12 lakhs for the entire program.
Ans. Yes, the IIM Sambalpur MBA students must stay at the hostel. The hostel fees are around INR 3.50 lakhs for 2 years.
Ans. Yes, the IIM Sambalpur caution deposit is refundable and will be refunded after the course is completed. The caution deposit for the MBA Program at IIM Sambalpur is INR 20K.
Ans. The mess charges at IIM Sambalpur are around INR 1.26 lakhs for 2 years which is included in the total fees.
Ans. For the general category candidates, the qualifying overall and sectional CAT 2023 IIM Sambalpur Cut-off is 92 and 70 percentile respectively.
For EWS, NC-OBC, SC, and ST category candidates, the overall CAT 2023 IIM Sambalpur Cut-off is 70, 74, 54, and 40 percentile respectively.
For female candidates and candidates with a minimum work experience of 12 months, the overall and sectional IIM Sambalpur CAT cut-off percentile is 80 and 65 respectively.
Ans. For female MBA candidates, the overall and sectional IIM Sambalpur CAT cut-off percentile is 80 and 65 respectively.
Ans. The category-wise minimum CAT cut-off for IIM Sambalpur MBA admission is given below;
Category | Overall | QA | VARC | DILR |
---|---|---|---|---|
General | 92 | 70 | 70 | 70 |
NC-OBC | 74 | 45 | 45 | 45 |
EWS | 70 | 40 | 40 | 40 |
SC | 54 | 35 | 35 | 35 |
ST | 40 | 32.5 | 25 | 25 |
DAP | 40 | 32.5 | 25 | 25 |
Ans. IIM Sambalpur gives 15% weightage to candidates’ work experience during the final merit list preparation for the MBA Program.
Ans. IIM Sambalpur assigns 15% weightage to the academic profile for MBA admission.
Candidate’s 10th, 12th, and Bachelor’s marks will be considered. The weightage is given as follows:
Particular | Weightage |
---|---|
Class 10th Marks | 2% |
Class 12th Marks | 5% |
Bachelor’s | 8% |
Total | 15% |
Ans. The total amount to be paid at the time of confirming the admission at IIM Sambalpur is about INR 50,000. This amount is balanced against the payment of tuition fees in the future. If a candidate cancels their admission, only INR 1000 will be retained as per the guidelines of GOI.
Ans. Selected candidates will receive notification via email, which they must confirm by accepting the offer and submitting the stipulated fee.
Ans. The IIM Sambalpur Executive MBA admission criteria will consider the components such as Personal Interview, Academic Qualification, Relevant Work Experience, Statement of Purpose (SOP), and Career Objectives submitted by the candidates for preparing the final merit list.
Ans. IIM Sambalpur MBA admission process is as follows:
Ans. The Statement of Purpose (SOP) is an essay of not more than 2000 words. It includes details about your career path, interests, professional contributions, career goals, and the purpose behind pursuing the Executive MBA program.
Ans. Candidates will be shortlisted for the personal interview based on their eligibility and the information provided during the application process.
The final merit list is prepared based on the Personal Interview, Academic Qualification, Relevant Work Experience, and Statement of Purpose (SOP).
Ans. Candidates applying for the IIM Sambalpur Ph.D. program must be under the age of 40.
Ans. IIM Sambalpur Library features rich resources on subjects relating to management, and business. The library is fully automated and uses the most advanced management systems.
It has selected reference materials on general interest topics and also offers an extensive collection of more than 153,000 articles, 80 journals, and 148,302 book titles from renowned publishers.
It also offers a wide variety selection of databases, reference titles, and theses, and provides access to e-resources like JSTOR, EBSCO, Ebrary, and ISID.
Ans. Yes, the institute was established in 2015.
Ans. IIM Sambalpur Executive Ph.D. fee is INR 5.5 lakhs for 4 years.
Ans. IIMSAT stands for IIM Sambalpur Aptitude Test, which is conducted as a standard alternative test for Executive MBA and Executive Ph.D. admissions at the institute.
The test is mandatory for candidates without a valid CAT/GMAT/GATE/GRE/JRF score. The test is divided into 3 sections and the total duration is 120 minutes;
Ans. Yes, candidates who fulfill any of the following eligibility requirements will be exempt from the 1st year coursework and can proceed to pursue the 2nd year courses of Ph.D. at IIM Sambalpur;
Ans. At present, IIM Sambalpur is being operated from its temporary campus at Sambalpur University. The institute’s permanent campus is to be developed in an area of 230 acres at Basantapur in Sambalpur City. The permanent IIM Sambalpur campus is 5 km from Hirakud Railway Station and 55 km from Jharsuguda Airport.
Ans. The total MBA program fee at IIM Sambalpur is INR 17.86 lakhs, which is much more affordable compared to the other IIMs. However, if a student finds it expensive then they are allowed to apply for an educational loan.
Ans. Yes, IIM Sambalpur has several clubs and committees such as the Finance Club, Entrepreneurship Cell, Emporia – Marketing Club, Sigmato – Operations Club, CyberSpark, Magnum Opus – Art Club, Sankalp- The Social Club, etc.
Ans. The MBA students who participate in the International Exchange Program need to spend an entire trimester at the host University. No additional academic fee is required. As a first step of the collaboration between the two premier B-Schools, the institute sent 2 MBA students for a 4-day Summer B-School program in Athens.
Ans. The IIM Sambalpur MBA batch has witnessed a ratio of 65 female and 91 male students.
Ans. The Ph.D. specializations available at IIM Sambalpur are given below;
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