Sambalpur: IIM Sambalpur has concluded 100% final placements successfully for its MBA (2021-2023) batch with the highest package of Rs 64.61 LPA (Domestic) and Rs 64.15 LPA (International).
The average salary is Rs 16.64 LPA and the Median salary is Rs 16 LPA for MBA batch 2021-2023. However, the average salary for female students is Rs 18.25 LPA. The average for the top 10% of the batch is Rs. 31.69 LPA. The prominent recruiters are: Microsoft, Vedanta, Tolaram, Amul, Adani, EY, Accenture, Cognizant, Deloitte, and Amazon etc, the IIM Sambalpur said.
With an increase in MBA batch size from 156 last year to 167 students this year, IIM Sambalpur has yet again secured 100% placement.
• The average salary of the MBA batch has increased by 26.06% from 13.2 LPA to 16.64 LPA.
• The median salary of the MBA batch has increased by 29% from 12.42 LPA to 16 LPA.
• No. of Recruiters up at 130+ in Placement 2023.
• Average Salary for the Top 10% Batch has gone up to Rs.31.69 LPA in 2023 from Rs
20.43 LPA last year, for the top 25% of the batch,increased from 18.79 LPA to 25.19 LPA,for the Top 50% of Batch has gone us to Rs. 20.59 LPA in 2023 fromRs.16.39 LPA last year, and the highest salary has increased from 26.19 LPA to 64.61 LPA.
More than 130 recruiters participated in the recruitment process at the institute, with 75 new recruiters making offers across various domains.
Female students have excelled, with an average salary of Rs 18.25 LPA. The largest batch size of the outgoing cohort participated in the placement, with Sales & Marketing emerging as the most popular sector, attracting over 27% of the batch, followed by General Management with 21%, the IIM
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.
This year’s placement season witnessed participation from over 130 recruiters, with an increase of 44% in first-time recruiters aiming to find the best talent available on campus. The top recruiters include Microsoft, Tolaram, Adani, Vedanta, Micron, Aditya Birla, Jindal Group, Amul, GMR group, AM/NS India, Tresvista, Amazon, Accenture, Cognizant, ICICI, Bosch, Bluestone, Deloitte, EY, PwC, Gartner, Lowe’s, Fullerton, Kansai Nerolac, Akzo Nobel, Crisil, Capgemini, Tata Power and many more.
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