IIM Sambalpur MBA Placement 2023: The Indian Institute of Management, Sambalpur (IIM S, IIM Sambalpur) has concluded its placement season for its MBA 2021-2023 batch. This year, the institute recorded 100% placement, with the highest package of Rs 64.61 lakh per annum (domestic) and Rs. 64.15 lakh per annum (international).
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Interestingly, this year, the average salary for women candidates is more than the average salary in general. The average salary is Rs. 16.64 lakh per annum and the median salary is Rs. 16 lakh per annum for MBA batch 2021-2023. However, the average salary for women students is Rs. 18.25 lakh per annum.
This was also the largest batch size of the outgoing cohort that participated in the placement, with sales and marketing emerging as the most popular sector as it attracted over 27% of the batch, followed by General Management with 21%. Additionally, the average for the top 10% of the batch is Rs. 31.69 lakh per annum.
More than 130 recruiters participated in the recruitment process at IIM Sambalpur, with 75 new recruiters making offers across various domains. The main companies offering the highest packages were Microsoft, Vedanta, Tolaram, Amul, Adani, EY, Accenture, Cognizant, Deloitte, and Amazon, and more.
Average salary Trends.
|
MBA Batch |
Average Salary | Highest Salary |
| 2021 – 23 | 16.64 |
64.61 |
|
2020 – 22 |
13.26 | 26.19 |
| 2019 – 21 | 11.21 |
21 |
|
2018 -20 |
11.62 | 18.92 |
| 2017- 19 | 11.33 |
58 |
The highest package and average salary has seen a major increase since 2017. While the average placement is Rs. 16.64 lakh per annum this year, it was Rs. 9.15 lakh per annum in 2017. Similarly, the highest package increased from Rs. 13.80 lakh per annum to Rs. 64.61 lakh per annum in 2023.
Placements Domain: This year, the students were offered prominent roles in Finance, HR, and Operations domains. The positions offered include Management Consultant, Functional Consultant, Product Manager, Seniors Analyst, Research & Advisory, Business Analyst, Team Lead, Sr Consultant, Senior Analyst, Product Management, Credit Manager, Digital Marketing Manager, Project Manager, Sr. RM, Key Account Management, Inventory Planner, among others. Source: The Indian Express
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