IIM Sambalpur Placements 2023: Highest CTC Offered INR 64.61 Lakh Per Annum

Vipra
Vipra Shrivastava
Senior Manager - Content
3 mins readUpdated on Sep 25, 2023 18:59 IST

In the IIM Sambalpur placements 2023, the highest domestic salary stood at INR 64.61 lakh per annum, while average salary stood at INR 16.63 lakh per annum. Check out IIM Sambalpur final placements report 2023. 

IIM Sambalpur placements

IIM Sambalpur final placements 2023 witnessed an increase of whopping 146.7 per cent in highest salary package. The highest domestic salary offer stood at INR 64.61 lakh per annum and highest international salary offer stood at INR 64.15 lakh per annum. The average salary offer also witnessed a significant increase of 26.06 per cent at INR 16.64 lakh per annum, while the median salary also rose by 28.8%, reaching INR 16.00 lakh per annum.

This year, IIM Sambalpur recorded 100 per cent recruitment with about 132 recruiters participating in the process. Maximum offers were made in the sales and marketing domain and in BFSI sector. 27 per cent of the total offers were made in the Sales and marketing domain and the IIM Sambalpur placement process 2023.

Q:   Does work experience matter in IIM Sambalpur?

A:

Work experince holds 15% weightage during the preparation of final merit list. The following marks are alloted to candidates with work experience of number of months 

n (in months)Marks Alloted
6 or less0
7-129
13-2412
25-3615
37-4810
49-607
60 or more0

 

Q:   Does IIM Sambalpur offer better placements than IIM Sirmaur, IIM Amritsar and IIM Bodh Gaya?

A:

Refer the below-mentioned table for IIM Sambalpur placement statistics 2023 as compared with other IIMs such as IIM Amritsar, IIM Sirmaur and IIM Bodh Gaya:

IIM Name

Highest Package (2023)

Average Package (2023)

IIM Sambalpur

INR 64.61 LPA

INR 16.64 LPA

IIM Sirmaur

INR 64.12 LPA

INR 14.45 LPA

IIM Amritsar

INR 36.25 LPA

INR 16.51 LPA

IIM Bodh Gaya

INR 48.58 LPA

INR 14.96 LPA

Q:   Is IIM Sambalpur good for placements?

A:

Yes, IIM sambalpur is good for placements. It has achieved 100% placements for the batch 2023.

The average package was increased from 13.20 LPA to 16.64 LPA.

The highest package was 64.61 LPA.

The highest international package was 64.15 LPA.

Many big companies are the major recruiters like microsoft, vedanta and amul etc.

Top recruiters of IIM Sambalpur placements 2023 included Microsoft, Tolaram, Adani, Vedanta, Micron, Aditya Birla, Jindal Group, Amul, GMR group, AM/ NS India, Tresvista, Amazon, Accenture, Cognizant, ICICI, Cummins, Bosch, Bluestone, Deloitte, EY, PwC, Gartner, Lowe’s, Fullerton, Kansai Nerolac, Akzo Nobel, Mercedes Benz, Bennett & Coleman, Crisil, Capgemini, Tata Power among others.

IIM Sambalpur Placements 2023: Highlights

As per the IIM Sambalpur final placements report 2023, female students got average salary offer of INR 18.25 lakh per annum, while male candidates got average salary offer of INR 15 lakh per annum. Check below the highlights of IIM Sambalpur final placements 2023 for the MBA batch.

Features

Details

Highest international CTC offered

INR 64.15 LPA

Highest domestic CTC offered

INR 64.61 LPA

Average CTC offered to top 25 per cent

INR 25.19 LPA

Average CTC offered

INR 16.63 LPA

Median CTC offered

INR 16.00 LPA

Number of recruiters

130

Batch strength

167

Batch size

156

Also read: Campus-wise IIM Placements: Highest Salary Packages & Top Companies

IIM Sambalpur Placements 2023: Domain Wise Split

Sector wise, Sales and Marketing was the top recruiter. Check the below table for main recruiting domains for IIM Sambalpur placements 2023.

Domain

Percentage

Sales & Marketing

27%

General Management

21%

IT/Analytics

19%

Operations

12%

Consulting

10%

Finance

8%

HR

3%

IIM Sambalpur Placements 2023: Sector Wise Split

Domain wise, maximum recruitment was done in BFSI sector. Check the below table for the top recruiting sector for IIM Sambalpur placements 2023.

Sector

Percentage

BFSI

30%

IT/ITES

26%

Manufacturing

14%

Consulting

9%

E-Commerce

5%

FinTech

4%

Logistics & Supply Chain

4%

FMCG/FMCD

3%

Retail

2%

Conglomerate

2%

Operations

1%

IIM Sambalpur Placements: 2023 vs 2022 vs 2021

This year, the institute recorded a staggering rise in highest salary in comparison to last few years. Check the table below for a comparison of IIM Sambalpur placements and salary statistics of last three years.

Placement Details

2023

2022

2021

Highest CTC offered (International)

INR 64.15 LPA

INR 41.00 LPA

No offer

Highest CTC offered (Domestic)

INR 64.64 LPA

INR 30.00 LPA

INR 21.00 LPA

Average CTC offered

INR 16.63 LPA

INR 12.64 LPA

INR 11.00 LPA

Median CTC offered

INR 16.00 LPA

INR 11.42 LPA

INR 10.35 LPA

Average CTC offered to top 25% of students

INR 25.19 LPA

INR 17.11 LPA

INR 14.91 LPA

Campus-wise IIM Placement Reports

Listed below are the campus-wise IIM final placement reports of 2023. Take a look.

IIM Ahmedabad placements

IIM Trichy Final Placements

IIM Kozhikode Placements

IIM Bangalore Placements

IIM Calcutta Placements

IIM Lucknow Placements

IIM Bodhgaya Placements

IIM Raipur Placements

IIM Shillong Placements

IIM Udaipur Placements

IIM Nagpur Placements

IIM Indore Placements

IIM Amritsar Placements

IIM Rohtak Placements

IIM Visakhapatnam Placements

IIM Sirmaur Placements

IIM Ranchi Placements

IIM Kashipur Placements

IIM Jammu Placements

International Salary Offered at IIMs and Other Top B-Schools

About the Author
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Vipra Shrivastava
Senior Manager - Content

Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. ... Read Full Bio

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Address

Indian Institute of Management Sambalpur, Jyoti Vihar, Burla
Sambalpur ( Orissa)

Email

amrutm@iimsambalpur.ac.in

(For general enquiry)

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(For admission related enquiry)

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Answered 2 months ago

 Candidates with a good score in CAT and excellent performance in the interview rounds can get admission in an institute like IIM Sambalpur. The level of difficulty entirely lies in the number of efforts taken to prepare for the exam and interviews. Interested candidates can apply by visting the off

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Jiya Tyagi

Contributor-Level 10

Answered 3 months ago

IIM Sambalpur MBA admission is entirely entrance-based. Students seeking to apply for the programme must appear for the accepted entrance exam. Aspirants need to appear and secure a valid score in CAT.  Students who qualify the CAT cutoff for IIM Sambalpur need to participate in the further selectio

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Virajita Sharma

Contributor-Level 10

Answered 3 months ago

IIM Sambalpur is an integral part of the prestigious IIMs. According to student reviews on Shiksha, "Great opportunities are available at IIM, Sambalpur. The faculty and infrastructure are great." The institute is emerging as top Management institutes of the country. Students have remarked that the

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Virajita Sharma

Contributor-Level 10

Answered 4 months ago

{Source: MBA/PGDM students & alumni}

Infrastructure: IIM Sambalpur has a temporary campus within Sambalpur University. Despite being a temporary setup, the campus has good infrastructure, with well-furnished classrooms, air-conditioning, and high-speed Wi-Fi. The hostels have comfortable rooms with

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Atul Mishra

Beginner-Level 1

Answered 5 months ago

{Source: MBA/PGDM students & alumni}

Here's my answer:

Effectiveness of Placement Cell for MBA/PGDM Courses at IIM Sambalpur

* Achieved 100% Final Placement (Year 2017): IIM Sambalpur has demonstrated its effectiveness in placing students with top-notch organizations, achieving 100% final placements i

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Atul Mishra

Beginner-Level 1

Answered a year ago

Yes, IIM sambalpur is good for placements. It has achieved 100% placements for the batch 2023.

The average package was increased from 13.20 LPA to 16.64 LPA.

The highest package was 64.61 LPA.

The highest international package was 64.15 LPA.

Many big companies are the major recruiters like microsoft, ve

...more

N

Nishant Rai

Contributor-Level 6

Answered a year ago

Yes, candidates can get admission to the IIM Sambalpur MBA for working professionals and executive MBA courses without appearing for CAT. The candidates are required to meet the minimum eligibility criteria as stated below along with the selection criteria:

CourseEligibilitySelection Criteria
E-MBAGraduation in any stream with a minimum 50% aggregate from a recognised University and a minimum of 3 years of managerial or entrepreneurial or professional work experience after graduation profile, SOP and interview
MBA- WPGraduation in any stream with a minimum 50% aggregate from a recognised University and a minimum of 3 years of managerial or entrepreneurial or professional work experience after graduation profile, SOP and interview

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Arshita Tiwari

Contributor-Level 9