IIM Sambalpur was announced in 2014 by Ministry of Human Resource Development and was established in 2015. The first batch of students started in September 2015. 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 August 19, 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 237 acres in Basantpur, for the permanent campus by the Government of Odisha. During the mentorship period, IIM Sambalpur's recruited its own faculty and was frequented by guest faculty members from various IIM's and premier Institutes. Currently its headed by Mahadeo Jaiswal as the director.
Campus
IIM Sambalpur is functioning from its temporary campus at Sambalpur University. The campus houses the one academic block, canteen, hostels, and an auditorium. The Government of Odisha has selected 237 acres of land for the construction of the permanent campus of IIM Sambalpur at Basantpur. In 2018, the Government of India proposed a budget of for facilitating the construction of the permanent campus and is expected to be ready by 2022.
Student accommodation
Students are provided single room accommodation in the 33 fully furnished dormitories spread across the campus. There are three hostel buildings 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. High-speed 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.
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. Like other IIMs, IIM Sambalpur currently offers master's degree in management as per the approval of the Indian Institute of Management Bill, 2017. These include two-year full-time programmes, one-year full-time residential programme for experienced professionals, and also offers Doctor of Business Administration level fellowship programmes. The institute conducts a number of executive education and faculty development programmes.
Exchange programmes
IIMSAM has affiliations with one leading business schools that is Alba Graduate Business School, Greece and in talks with reputed foreign B-Schools for possible collaborations. 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 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, and up to 10% for Economically Weaker Sections.
Events
Marmagya
Marmagya is the Annual Business Conclave of the Indian Institute of Management Sambalpur. Over the years, Marmagya has been gaining momentum to become a platform that brings together industry leaders, budding entrepreneurs, inspiring personalities, and motivated students to discuss, debate and recalibrate.
Ethos
Ethis is the annual cultural festival of IIMSAM. Its yearly editions have been centred on themes like diversity, colour or going green. The cultural festivities draws footfalls of around 5,000 visitors from Sambalpur over three days and participation from institutes across the country. Pro-nites are especially a huge success with a large number of top class artists coming and performing on one stage.
The placement process at IIM Sambalpur is a student-driven process that institutionalizes 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.