Indian Institute of Management Sambalpur explained

Indian Institute of Management Sambalpur
Mottoeng:Innovation, Integrity and Inclusiveness
Budget:
Director:Mahadeo Jaiswal[1]
Faculty:65
Students:413[2]
Postgrad:369
Doctoral:44
Address:Basantpur, Goshala
Postalcode:768025
Country:India
Campus:Urban
Campus Size:237acres
Colors: Blue and White
Sports Nickname:The Handcrafted IIM[3]

Indian Institute of Management Sambalpur (informally known as IIM Sambalpur; abbreviated as IIM-S[4] [5]) is a public business school located in Sambalpur, Odisha, India.

History

IIM Sambalpur was announced in 2014 by Ministry of Human Resource Development (MHRD)[6] and was founded on 23 September 2015.[7] The first batch of students started in September 2015.[6]

It was initially mentored by IIM Indore until appointment of its independent director. IIM Sambalpur was registered as a Society under Societies Registration Act, XXI of 1860 on 19 August 2015. The present campus of IIM Sambalpur has been set up at Jyoti Vihar, Burla, Sambalpur, Odisha. IIM Sambalpur has been allotted a piece of land measuring over 237acres in Basantpur, for the permanent campus by the Government of Odisha.

As of 2021 it's headed by Mahadeo Jaiswal as the director.

Campus

In 2018, the Government of India proposed a budget of for facilitating the construction of the permanent campus. The Government of Odisha has selected 237acres of land for the construction of the permanent campus of IIM Sambalpur at Basantpur. Prime Minister Narendra Modi laid the foundation stone of the permanent campus on 2 January 2021. The permanent campus of IIM Sambalpur is inaugurated by PM Narendra Modi on 3 February 2024.[8]

Organisation and administration

The university is governed by a board of governors, which include the chairperson, director, twelve board members and secretary.[9] In 2016, Arundhati Bhattacharya, former Chairperson of the State Bank of India, was appointed as the chairperson of the institute in 2016.[10] [11]

Academics

IIM Sambalpur offers various postgraduate diplomas in management. Admission is based on Common Admission Test conducted jointly by the IIMs and on various other processes conducted by IIM Sambalpur.[12]

Like other IIMs, IIM Sambalpur currently offers master's degree in management as per the approval of the Indian Institute of Management Bill, 2017.[13] These include two-year full-time programmes (PGP),[14] one-year full-time residential programme for experienced professionals (PGPX),[15] and also offers Doctor of Business Administration level fellowship programmes.[16] The institute conducts a number of executive education and faculty development programmes.

Collaborations

IIMSAM has affiliations with Alba Graduate Business School, Greece. The students of IIM Sambalpur who partake in the exchange program would spend an entire trimester at the host University at no additional academic fees. The agreement allows for the exchange of a limited number of students who are selected on the basis of their interests and a screening process. As a first step of the collaboration between the two premier B-Schools, IIM Sambalpur sent two of its students for a four-day Summer B-School program in Athens. The students learned about the Greek economy, Greek philosophy, visited multiple industries and corporate offices and were taken to some of the famous historical sites in Athens.

Admission

IIM Sambalpur offers different academic programs and has admission processes and eligibility respectively. Its process is based on the course candidate opt for. CAT score is the basic exam to apply for admission in all of the academic programs. Total seats are further divided into the category where IIM accept admission on the category basis. Good academic record and percentage score is another major aspect.

IIM's also conducts its analytics writing test and personal interview (AWT & PI) in Ahmedabad, Banglore, Hyderabad, Kolkata, & New Delhi cities of selected candidates. Seats in IIMSAM are reserved, based on government instruction 27% of seats are reserved for NC-OBC, 15% for SC, 7.5% for ST candidates, 5% for Persons with Benchmark Disabilities (PwD), and up to 10% for Economically Weaker Sections (EWS).

Ranking

Nirf B 2023:58

IIM Sambalpur was ranked 58 among management institutions by the National Institutional Ranking Framework (NIRF) in 2023.

Placements

The placement process at IIM Sambalpur is a student-driven process that institutionalises placements for the entire batch. The placement Committee elected by the students liaisons between the Institute administration, students and recruiters. Placements for the PGPs are characterised by two phases - summer placements for the first-year batch and final placements for the graduating batch. The summers process is conducted in Nov/Dec for the first yearites. The second year placement committee handles the process for them. The placement process for the graduating is conducted in two stages. The first is the laterals process in January where firms interview students with prior work experience and offer them mid-level managerial positions. The second stage is the final placement process in around February. This process is handled by the newly elected committee among the PGP1s to avoid any conflict of interest and ensure a fair process. Companies from multiple sectors across different geographies hire candidates for a wide range of functions.

Student life

Accommodation

There are three hostel buildings and an annex building taken inside the campus of the institute; two for boys and one for girls. The students of IIM Sambalpur are provided rooms on a twin-sharing basis.

The rooms are properly ventilated and well furnished with a bed, almirah, mattress, study-tables and chairs provided to each student. Housekeeping staff maintains the cleanliness of the rooms on a daily basis.

Wi-Fi has been made available which is accessible from anywhere within the campus premises. Each hostel also has a separate common room where a TV and table tennis facilities are installed to cater to the recreational needs of the students.

Currently there's no provision for Married students so they cannot opt to live with their family in hostels. Stay in dormitories is mandatory for students. Basic amenities including washing machines, refrigerators and TVs are available at each dorm.

Events

The institute organises multiple events each year. Some of the events include Marmagya and Ethos. Marmagya is a two-day annual business conclave organised by the Industry and Alumni Relations Committee.[17] Panel discussions are held on different domains such as marketing, finance and IT/consulting. The theme of Marmagya 2022 was ‘Redefining the business dynamics’.[18] [19]

Ethos is the annual cultural festival of the institute. Its yearly editions have been centred on themes like diversity, colour or going green.[20] Other events such as Ballyhoo Street,[21] Ad selfie etc. are organised under Ethos.

Controversies

In the academic year 2018–19, the institute increased its intake capacity from 60 to 120 students. Since the institute operates from a temporary campus, it failed to arrange hostels for the students, and there were 111 students. Due to a lack of accommodation, 12 students were forced to leave the institute, and the strength of the 4th batch decreased from 111 to 99. The institute director, Mahadeo Jaiswal, alleged that the Government of Odisha had allotted three hostel buildings. Still, Sambalpur University provided only two after the Memorandum of Understanding was signed.[22] [23] [24]

See also

Notes and References

  1. News: 22 July 2022 . IIM-Sambalpur director Professor Mahadeo Jaiswal reappointed for second term . The New Indian Express 07:01 AM . 22 July 2022.
  2. Web site: NIRF 2024 . IIM Sambalpur.
  3. Web site: IIM Sambalpur Begins With 48% Female Students In Flagship MBA Program . 2022-08-13 . BW Education . en.
  4. Web site: IIM Sambalpur inks pact with CARD to boost skills of tribal youths . 2022-07-13 . The New Indian Express.
  5. Web site: Pioneer . The . Jaiswal gets 2nd term as IIM-S Dir . 2022-07-22 . The Pioneer . en.
  6. Web site: IIM-Sambalpur takes off with 48 students. 2015-10-27.
  7. Web site: 2021-09-23 . IIM Sambalpur celebrates its 7th Foundation Day embracing the diverse cultural heritage of India . 2022-08-18 . India Education. en-US.
  8. Web site: PM Modi Inaugurates Permanent Campus Of IIM Sambalpur. 2024-04-19 . The Times of India.
  9. Web site: Board of Governors IIM Sambalpur . 2022-07-23 . iimsambalpur.ac.in.
  10. News: Press Trust of India . 2016-01-25 . Arundhati Bhattacharya appointed chairperson of IIM Sambalpur . Business Standard India . 2022-07-23.
  11. Web site: SBI Chief Appointed as Chairperson of Board of Governors at IIM Sambalpur . 2022-07-23 . NDTV.com.
  12. Web site: Admissions . www.iimsambalpur.ac.in . 21 April 2019.
  13. News: Cabinet Approves IIM Bill. 4 February 2017. Indian Express.
  14. Web site: Programme - IIMA. iimsambalpur.ac.in. en. 23 November 2019.
  15. Web site: About PGPX - IIM Sambalpur. iimsambalpur.ac.in. en. 23 November 2019.
  16. Web site: FPM. 1 January 2020.
  17. Web site: Student Committees . 17 Nov 2022 . iimsambalpur.ac.in.
  18. Web site: 20 Nov 2021 . IIM Sambalpur conducts Marmagya, its sixth annual business conclave . 2022-08-12 . The Telegraph.
  19. Web site: 'Marmagya 7.0' focus on redefining biz dynamics . 2022-11-17 . The New Indian Express.
  20. Web site: iednewsdesk . Ethos'20 by IIM Sambalpur is ready to take everyone 'Back to the 90s' India Education Latest Education News Global Educational News Recent Educational News . 2022-08-12 . en-US.
  21. Web site: SAC Report 2019-20 . 2 Sep 2022 . iimsambalpur.ac.in.
  22. Web site: Mishra . Smriti . 2018-09-13 . 12 students quit IIM Sambalpur over hostel issue . 2022-09-17 . Prep Tube . en-GB.
  23. News: Sep 10, 2018 . Unable to get hostel accommodation, 12 students quit IIM-Sambalpur . . Sambalpur . Sep 10, 2018.
  24. Web site: 2018-09-10 . 12 students leave IIM Sambalpur due to shortage of hostel rooms . 2022-09-17 . Hindustan Times . en.