Sambalur: IIM Sambalpur has announced the successful completion of 100% Summer Placements for the Fifth Batch (2019-21) of its flagship MBA programme.

With more than 85 companies participating in the on-campus Summer Internship placement process for a batch strength of 95 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 Boston Consulting Group, Google, Walmart, McDonald’s, Amul, Aditya Birla Fashion & Retail (Pantaloons), Bajaj Allianz General and Life Insurance, Bajaj Finserv, DSM Group, Ernst&Young, IBM, Justdial, Jubilant Life Sciences, KPMG, Kotak Mahindra Bank, Reserve Bank of India, SIDBI, Tata Steel BSL, Tata Consultancy Services (TCS), V Guard among many others.

The influx of recruiters saw an increase of over 40% this year providing opportunities in multiple domains viz., Advertising, Apparel, Automobile, Analyst, BFSI, Chemicals, Consulting, Consumer Goods & Services, E-Commerce, Edu-tech, Financial Services, FMCG, Insurance, IT/ITES, Mining, Pharmaceuticals, and Retail.
This year the highest stipend offered was INR 1,60,000 domestic and the top quartile of the batch received an average stipend of INR 82,640, the top half of the batch secured an average stipend of INR 66,600 wherein the average and median stipend of the whole batch stood at INR 55,432 and INR 50,000 respectively.