IIM Sambalpur Hosts 62-Student Cohort Under Management Immersion Programme
National/Sambalpur, 07th August 2024: IIM Sambalpur, one of India's premier management institutions, concluded its Management Immersion Programme (MIP), a four-day residential program for IILM University studentsaimed at providing immersive experience of management education and campus life at IIM Sambalpur. Scheduled from 30th July to 2nd August 2024, this immersive programme is designed to provide these 62 students from IILM Universitywith unparalleled experiential learning experience in flipped classrooms, practical management insights and hands-on experience through various interactive sessions, workshops, and case studies conducted by IIM Sambalpur’s distinguished faculty and industry experts.
The event also marked a Hindalco Industries industrialvisit. In addition to that, they recently visited the weaving industries in Attabira as part of a societal outreach programme. This visit provided them with the opportunity to engage with local weavers, understand their craft and IIM Sambalpur’s contribution in giving weaver community a platform.
During the inauguration ceremony, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, delivered a warm welcome address, expressing his enthusiasm for hosting the students. He said, “At IIM Sambalpur, our core values are innovation, integrity, and inclusiveness. Embracing change and forward-thinking solutions, we blend tradition with modernity. Upholding high ethical standards, inspired by Lord Vishnu's avatars, we ensure everyone feels valued, fostering leaders who understand the importance of inclusivity in innovation and ethics.”
Chief Guest Debasish Mallik, Joint President of Hindalco Industries Ltd., emphasized the importance of bridging the gap between theoretical knowledge and real-world applications and said, “True leadership transcends task management; it inspires and empowers. At Hindalco Hirakud, we foster an environment of learning and growth, enhancing managerial skills and encouraging experimentation. Embracing failure as a learning opportunity, we drive improvement. Leaders support their teams through triumphs and setbacks, promoting continuous improvement and innovation."
The four-day residential programme is divided into five transformative modules, each focusing on critical aspects of management and personal development. The Modules were led by Mr. Samarendra Mishra, Co-Founder, OVO Farm,Mr. Keshav Rao, Director Personnel, MCL, Dr.K.Ganesh (PartnerGlobal Lead, McKinsey & Company), Prof. Bharat Bhushan and various faculties of IIM Sambalpur.
About IIM Sambalpur:
IIM Sambalpur is one of the premier management institutions in the country and is widely known for its quality education. Spread over approximately 200 acres of land, the breathtaking and spectacular permanent campus of IIM Sambalpur was inaugurated by the Hon'ble Prime Minister of India, Shri Narendra Modi, on 3rd February 2024. The Prime Minister also laid the foundation stone on 2nd January 2021, via video conferencing. Furthermore, the Union Education Minister, Shri Dharmendra Pradhan, recently inaugurated the Incubation Centre, I-Hub Foundation, to promote startups and the 'Rangavati Centre of Excellence in Cultural and Sustainable Management'. It also has tie-ups with Flipkart, Amazon, and SIDBI to support, promote and connect regional weavers with global platforms. Equipped with sustainable practices and modernized facilities, the campus values its regional art by mapping the traditional IKAT, patterned textile-dyeing technique onto the brick façade. The institute is committed to providing excellent management education, harbouring a sense of entrepreneurship, and developing socially responsible leaders. IIM Sambalpur is known for its two-year flagship MBA Program, and admissions are held via CAT. It also offers an MBA for working professionals at the Delhi Centre at ISID, Vasant Kunj, providing options for a dual-degree program in partnership with French universities. Furthermore, in addition to the Executive MBA Program, the premier institute offers a PhD, Executive PhD, and Management Development Program (MDP). IIM Sambalpur has played a torchbearer role for other IIMs in terms of gender-diverse classrooms. IIM Sambalpur cut-off is 92 percentile. IIM Sambalpur's MBA fee is INR 13.04 Lakh, whereas IIM Sambalpur's average package stood at INR 16.64 LPA and IIM Sambalpur's highest package stood at INR 64.61 LPA for the 2023 batch.
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