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IIM Sambalpur - [IIMS]
Review By MCB
Gender Accepted: Co-Ed | Approval: AACSB | Type Of College: Government | Type Of University: Public University | Funded: Public | College Category: IIM | Estd. Year: 2015 |
Vinay
Updated on - 06 Sep, 2024
Developed in year 2015, IIM Sambalpur is one of the latest and most reputed institutes of Indian Education. Since it was highly committed to excellence, the institution became higher and was ranked 58 of the top management institutions in India as per NIRF of 2023 with a score of 50. 90. Furthermore, as mentioned in Business Today 2023, Indian Institute of Management Sambalpur is another popular institute offering an MBA program and it is ranked 43rd on the list.
The institution provides total business solutions, which include MBA, Executive MBA, DBA, and Executive DBA for those interested in acquiring the programs. This University has a fee ranging from 10,000,000 to 12,000,000 INR, which proves its focus on the quality of educating its students. More importantly, the placement statistics indicate that Indian Institute of Management Sambalpur aims to achieve 100% placement by the year 2023 to ensure industry-conscious professionals.
Selectively for MBA candidates, IIM Sambalpur maintains CAT scores while PGP aspirants need to score 92% by 2024, emphasizing on a continued path of striving for academic and professional achievements.
The institute continues to excel with its innovative curriculum, modern infrastructure, and strong enterprise linkages. It boasts a hundred percent placement record and an average package salary of INR 12,64,000. This Institute also emphasizes a unique classroom model, fostering a robust entrepreneurial spirit among students.
Establishment Year |
2015 |
---|---|
Location |
Sambalpur, Odisha |
Type of Institute |
Public/Autonomous |
Mentored by |
|
Ranking 2023 |
|
Number of Courses Offered |
4 |
Courses Offered |
|
Application Mode |
Online |
Official Website |
Keep track of the Important Dates for Indian Institute of Management Sambalpur in 2024 to ensure you don't miss any deadlines for applications, exams, or other events vital to your academic career. For a successful application procedure, mark your calendar and watch their website for updates. The table below highlights essential dates in 2024:
MBA |
|
---|---|
Last Date for Filling CAP 2023 Application Form |
31, January 2024 |
Personal Interview - Phase 1 for CAP 2024 |
15-20, February 2024 |
Personal Interview - Phase 2 for CAP 2024 |
22 - 27, February 2024 |
Personal Interview - Phase 3 for CAP 2024 |
8 - 15, March 2024 |
Last Date to Apply for SAP 2024 |
16, February 2024 |
Final Selection |
10, May 2024 (Tentative) |
EMBA |
|
---|---|
Online Application Starts |
25, January 2024 |
Online Application Ends |
15, April 2024 |
Personal Interview |
To be announced |
Program Inauguration |
1st - 2nd Week of June 2024 (Tentative) |
Indian Institute of Management Sambalpur is awarded the 58th position among the best management institutes in India. Through MHRD, India's Ministry of Human Resource, NIRF rankings were published on June 5th, 2023. The table below shows the NIRF Ranking for the year 2023.
Ranking Body |
IIM Sambalpur Ranking |
---|---|
NIRF Management Category |
58 |
IIM Sambalpur offers students a wide range of both undergraduate and postgraduate courses to students who desire to study. Applicants planning to pursue their chosen course should go through the college's specified minimum eligibility requirement. The tuition fees for these courses lie between INR 10,50,000 and INR 1,200,000. This is a comprehensive list of the courses, fees, and eligibility criteria, as illustrated below.
The MBA Program equips students with management knowledge and necessary skills for leadership roles. Admission is conditional upon clearing the CAT examination, which is the minimum criteria to be met by those realistic enough to want to perform excellently in the competitive field of business management.
IIM Sambalpur course admissions for MBA are based on students' past academic records, CAT scores, performance during the personal interview, and exposure to educational diversity.
The Fee Structure for the MBA course is given below.
Course |
Total Fees |
---|---|
MBA |
INR 18,10,000 |
The Executive MBA program is designed for busy working professionals to provide advanced managerial education that accommodates busy schedules. The aspirants who scored at least 50% marks in their bachelor programs will be considered for participation. Thus, applicants also have to undergo the CAT examination, and only the best performers who successfully surpass this hurdle are allowed to advance in their careers.
Course Admissions for MBA are based on students' past academic records, CAT scores, performance during the personal interview, and exposure to educational diversity.
The fee structure for the MBA course is given below.
Course |
Total Fees |
---|---|
Executive MBA |
INR 12,00,000 |
The Admission is based primarily on entrance exams and fulfilling the eligibility criteria. Interested students must follow this process to secure their admission in any of the Indian Institute of Management Sambalpur courses:
Visit the official website of Indian Institute of Management Sambalpur admission portal and register for the desired course.
The admission process for 2024 consists of 2 phases. Firstly, based on a legitimate CAT 2023 score, the shortlisted candidates will be evaluated based on Personal Appearance. The candidates with a minimum percentage in sectional rankings, the total percentile rank, and a positive raw score across all CAT 2023 sections are eligible for further evaluation. The table below shows an overview of the cut-off for different years:
Section |
2021 |
2022 |
2023 |
---|---|---|---|
Overall |
95 |
92 |
95 |
Quants |
95 |
92 |
95 |
VA-RC |
95 |
92 |
95 |
DI-LR |
95 |
92 |
95 |
In 2023, Indian Institute of Management Sambalpur had the privilege of witnessing participation from around 130+ recruiters, and as a result, around 167 students were able to secure job offers. Marketing and sales leaders accounted for 27% of respondents, followed by General Management with 21%.
The average package was 26% higher than INR 16,63,000 for the highest salary, a 147% increase from INR 64,61,000. The summer internship placements were 100% successful, with the highest stipend being INR 2,00,000 Per Month and an average of about INR 65,000. The table below shows the Placements Statistics for 2022 and 2023.
Particulars |
Course |
Placements Statistics (2023) |
Placements Statistics (2022) |
---|---|---|---|
Number of Recruiters |
MBA |
130+ |
130+ |
Number of Students |
MBA |
167 |
156 |
Highest Package (International) |
MBA |
INR 64,15,000 Per Annum |
INR 41,00,000 Per Annum |
Highest Package (Domestic) |
MBA |
INR 64,61,000 Per Annum |
INR 30,00,000 Per Annum |
Average Package |
MBA |
INR 16,63,000 Per Annum |
INR 13,20,000 Per Annum |
Median Package |
MBA |
INR 16,00,000 Per Annum |
INR 12,42,000 Per Annum |
The Indian Institute of Management Sambalpur campus is about 200 acres in Basantapur village, adjacent to Goshala, near Sambalpur City. The campus is 5 km from Hirakud Railway Station, 27 km from the Sambalpur district headquarters, and 55 km from the Jharsuguda Airport.
In the first phase, 60,280 sqm, or approximately the area of various buildings in the project, was constructed. On September 20, 2018, India's Government budgeted INR 4,01,94,000 to build the permanent campus.
Indian Institute of Management Sambalpur has several scholarship programs that satisfy the prominent strata of meritorious and economically underprivileged students. Unlike the other, the NBFA program (Need-Based Financial Assistance) catches the eye.
Deserving individuals are awarded scholarships based on criteria such as academic excellence, the financial situation of the family, and other factors. Also, the Institute has several financial aid programs that the Government of India and private institutes sponsor. The below table gives details of the scholarships available at IIM Sambalpur:-
IIM Sambalpur is a prestigious institute that performs quite well in comparison to other prominent institutes like IIM Jammu and IIM Bodh Gaya. Though all these institutes have their unique regional benefits, IIM Sambalpur guarantees an amazing career path for MBA aspirants. The table below compares IIM Sambalpur, IIM Jammu, and IIM Bodh Gaya based on year of establishment, NIRF Ranking, highest package, and accepted entrance exam.
Specification |
IIM Sambalpur |
IIM Jammu |
IIM Bodh Gaya |
---|---|---|---|
Year of Establishment |
2015 |
2016 |
2015 |
2023 NIRF Ranking (Management) |
58 |
41 |
53 |
Accepted Exam |
CAT / GATE / GRE / UGC NET |
CAT / GATE / GRE / UGC NET |
|
Highest Package |
INR 64,61,000 Per Annum |
INR 64,00,000 Per Annum |
INR 48,59,000 Per Annum |
Ans. Indian Institute of Management Sambalpur fees vary depending on the program. Generally, the cost for an MBA program is around INR 10,50,000.
Ans. The MBA program at IIM Sam varies every year depending on various factors such as industry needs, economic conditions, and individual student performance. Generally, the average is around INR 12,42,000.
Ans. Most colleges accept the Joint Program Management Program (JIPMAT) for admission. Some famous ones are IIM Bodh Gaya, IIM Jammu, and IIM Ranchi.
Ans. Yes, Indian Institute of Management Sambalpur offers scholarships to MBA students based on various factors such as academic performance, financial needs, and eligibility requirements. The purpose of these scholarships is to support and encourage deserving students to further their education.
₹ 10,00,000 Total Fees
₹ 12,00,000 Total Fees
₹ 14,40,000 Total Fees
COLLEGE | Course | Fees |
---|---|---|
Mysore Correspondence College - [MCC] | EMBA | ₹92,000 |
Assam Don Bosco University [ADBU] Guwahati | MBA | ₹3,84,000 |
Assam Don Bosco University [ADBU] Guwahati | Ph.D | ₹4,47,000 |
out of 125 in India 2023 (MBA)
out of 125 in India 2024
out of 46 in India 2024 (MBA)
out of 46 in India 2024
out of 272 in India 2023 (MBA)
out of 272 in India 2023
out of 25 in India 2024
out of 25 in India 2024
Director
Adjunct Associate Professor
Assistant Professor