IIM Sambalpur achieves 100% placement

Bhubaneswar: IIM Sambalpur witnessed close to 140 companies visiting the campus this season.

Prominent participants and recruiters such as Nielsen, Reliance Retail, Ramco Systems, Tech Mahindra, Mindtree, Amul, Vedanta, HCL, SBI Life, Tata Steel BSL, Accenture, IBM, BYJU’s, Infosys, ICICI Prudential, Trident Group, Bajaj Allianz, ZS Associates, Deloitte India, KPMG, Ernst & Young, etc visited the campus for recruitment.

The graduates were offered a myriad of lucrative roles across Marketing, Sales, BFSI, Operations, Consulting, Analytics, ITeS and bagged highly coveted roles in Fintech, E-Commerce, FMCG, and so on.

With more than 90% increase in the companies visiting for recruitment, IIM Sambalpur set new standards and surpassed its previous placement records.

This season recorded the highest annual CTC offered at INR 26.4 LPA, with the top 25% CTC at INR 14.91 LPA.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, stated, “IIM Sambalpur has yet again bettered its previous records and will continuously strive to exceed expectations of all its stakeholders. Despite the current market dynamics, we are proud of our students who have achieved this feat owing to sheer hard work and dedication. I congratulate our graduating students on receiving such coveted employment offers. These demonstrate the high value of the blended pedagogy imparted at IIM Sambalpur and our students’ remarkable skills and capabilities. We would like to extend sincere gratitude to the esteemed recruiters for partnering with us and reposing faith in the quality of talent and its distinct academic culture.”

Additionally, IIM Sambalpur announced the successful completion of 100% Summer Placements for the sixth batch (2020-22) of its flagship MBA program.

With more than 110 companies participating in the on-campus Summer Internship placement process for a batch strength of 157 students, this year concluded with one of the best placement seasons beating previous years’ records.

The institute has witnessed a highly coveted pool of first-time recruiters and the noteworthy mentions are Google, Adani Ports, Indian Oil Corporation Ltd., Bank of Baroda, IMCD India, Bajaj Allianz Life Insurance, DSM Group, IBM, Justdial, Tata Steel BSL, Tata Consultancy Services (TCS), V Guard, ICICI Bank etc. among many others.

The influx of recruiters saw an increase this year providing opportunities in multiple domains like Advertising, Apparel, Automobile, BFSI, Chemicals, Consulting, Consumer Goods & Services, E-Commerce, Edu-tech, Financial Services, FMCG, Insurance, IT/ITES, Mining, Pharmaceuticals, and Retail.