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IIM Sambalpur Placement 2018: Highest salary at Rs.60.74 Lakhs

Jun 21, 2018 15:48 IST
    IIM Sambalpur Placement 2018
    IIM Sambalpur Placement 2018

    IIM Sambalpur recently concluded the final placement drive for the recruitment of management graduates who are walking out of their campus as part of the PGP batch of 2016 to 2018. This year, the B-school recorded phenomenal numbers in terms of highest salary offered and also saw significant rise in the average salary of the students. With more and more students targeting MBA admission with IIMs, many CAT aspirants might also want to look at the newer IIMs who have started putting out respectable placement statistics in a short-time span. So, let’s look at the key placement statistics and also find out who were the top recruiting domains at IIM Sambalpur for 2018 Placement season.

    Key Placement Trends

    This year’s Placement Season at IIM Sambalpur saw the institute register unprecedented placement statistics for a new IIM. This year, the B-school recorded highest salary offered to a student at Rs 60.74 lakhs per annum. On similar note, the average salary offered also saw significant rise to Rs.10.55 lakhs per annum. The highest package offered to IIM Sambalpur student this year has managed to surpass the placement packages received by some of the premier B-schools in India as well. The outgoing batch of PGP 2016-18 of IIM Sambalpur consisted of 42 students who participated in the received 43 offers from 27 companies. Two students from the outgoing batch also opted out of the placement process to pursue their own entrepreneurial ventures. This year also marked the first international placement offer being made at IIM Sambalpur, which was also the highest offer made at the IIM Sambalpur.

    IIM Sambalpur Placements – Statistical Highlights

    • Highest Salary: Rs.60.74 Lakhs (International Placement)
    • Average Salary for the Batch: Rs.10.55 Lakhs
    • Median Salary for the Batch: Rs.  9.00 Lakhs
    • Average Salary for top 25%ile:Rs.16.18 Lakhs
    • Average Salary for top 50%ile: Rs. 12.67 Lakhs
    • Total Batch Size: 45 students
    • Students Opted out: 3 (2 Going for Entrepreneurship Ventures) 
    • Participating students in Placement 2018: 42
    • Number of Recruiters: 27
    • Number of Placement Offers made: 43
    • Number of male Students: 38
    • Number of Female Students: 7

    Top Recruiters

    This year saw 27 recruiters participate in the Placement drive at IIM Sambalpur, who made 43 offers to 42 students of the institute. This included a number of returning recruiters such as HDFC Bank, Tata Trusts, Infosys, SBI and Birla Sun Life. Similarly, the B-school also attracted a set of new recruiters including Vedanta, Kia Motors, Motlilal, JSL, L&T Infotech and Deloitte.

    Top Recruiters @ IIM Sambalpur 2018

    Returning Recruiters

    New Recruiters

    HDFC Bank

    Vedanta

    Tata Trusts

    Kia Motors

    Infosys

    Motilal

    SBI

    JSL

    Birla Sun Life

    L&T Infotech

     

    Deloitte

    Roles Offers

    The Placement season at IIM Sambalpur saw recruiters from different sectors offer a diverse array of roles to the management graduates ranging from entry-level roles to mid-level executive positions. The key among them included AGM Marketing, Consultant, Equity Research Analyst, Executive Assistant to CEO, MGT - Global Alliance, Management Associate, Relationship Manager, Sales Manager, Young Professional, Management Trainee, Management Trainee - Marketing & PR, Management Trainee - Sales Planning, Area Manager, Assistant Manager, Business Analyst, Business Development Consultant, Business Development Manager among others.

    Sector-wise Breakup

    The sector or domain-wise breakup of the roles offered to the students is given below:

    Domain name

    No of Offers

    Sales & Marketing

    12

    General Management & Operations

    7

    HR

    6

    Finance

    6

    Analyst

    5

    Strategy & Consulting

    4

    Others

    3

    On the conclusion of the successful Placement Season @ IIM Sambalpur, the Placement Chair at the B-school Prof. Diptiranjan Mahapatra said “It’s overwhelming to see the response, our students received, not just from the regular recruiters but also from new recruiters in Private Equity, IT consulting etc. This only signifies the trust reposed by the recruiters on the unique IIM Sambalpur experience that combines the case study method supported by a team of high calibre faculty, and a tight-knit learning environment with close ties to industry to develop complete leaders who are ready to make an impact.”

    About IIM Sambalpur

    IIM Sambalpur is part of the 5 new IIMsl which were setup in 2015. Currently, the B-school operates under the mentorship of IIM Indore. During the mentorship period, faculty members from IIM Indore are delivering courses at IIM Sambalpur. The temporary campus of IIM Sambalpur is located at Silicon Institute of Technology, Sambalpur.

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