I have converted to IIM Kashipur but already paid 1 term fee at IIM Sambalpur (no refund). What should I do?

When considering whether or not to pay around 170K for the first term at IIM Sambalpur, it is important to consider the potential financial loss and weigh it against the potential benefits. In terms of placements, it is true that IIM Kashipur may have an upper edge, however, it is important to note that this difference will likely only make a significant impact on the top 10% of the batch. For the majority of students, the placements at both IIM Sambalpur and IIM Kashipur will likely be similar. Additionally, when considering future entitlements, it is important to remember that both IIM Kashipur and IIM Sambalpur are relatively new institutes, so the location may not hold as much value in the long term as building a strong personal profile. It is ultimately up to you to decide whether or not you are willing to potentially lose the money, and if so, to not stress about it too much. On the other hand, if you are not willing to potentially lose the money, it is also important not to regret the decision in the long run.

Is it worth to do Post graduation from IIM Sambalpur?

Whether Post Graduation from IIM Sambalpur is worth it or not depends solely on what you want from your MBA and your career interests. For instance, if you are already prospering in your current workplace, pursuing MBA is not worth the time and fees you will spend. The MBA degree will add no value to your profile so it’s better for you to keep working. I have seen many people forgoing offers from IIM Ahmedabad, Bangalore, Calcutta, and XLRI mainly because they are certain the MBA degree will add no value to their career and is just a waste of time and money. While choosing any B School be it IIM Sambalpur or any other B School, you need to check if an MBA degree will help you escalate your career or if you will just end up with a hefty loan to repay and no career upgrade. Coming to IIM Sambalpur specifically, I don’t think a person who is prospering at his current job and wants to do MBA just for the sake of it will want to join IIM Sambalpur. The MBA degree from that institute specifically adds no value at all to his profile. In other cases, you can think of joining IIM Sambalpur.

Which program is better, PGP HRM at IIM Indore or PGPM at IIM Sambalpur?

A specific program at one IIM cannot be compared to a general program at another IIM. In any case, you shouldnt think about enrolling in a course at IIM Sambalpur. It is too recent and has no prior performance. Additionally, given its location, it wont even draw in top faculty. Instead of IIM Sambalpur, you would be much better off attending some high-quality non-IIM colleges. The best institute for HR professionals is currently XLRI, followed by TISS, Mumbai. Considering that IIMI is one of the top IIMs and has a brand-new HR program, your learning and employment prospects are both promising. However, make sure you enjoy HR. It is practically impossible to later switch out of HR once you are in it.

What courses should I do before pursuing an MBA at IIM Sambalpur if I have an interest in finance and marketing?

It is completely normal to have an interest in both finance and marketing, as they are both important and widely applicable areas of business. To explore your interest in finance, there are many short, introductory courses available on platforms like Udemy that can be completed at a relatively low cost, such as for no more than INR 500. Additionally, you can read basic finance books from any commerce background to gain a solid foundation in the subject. Similarly, for marketing, there are many courses available on platforms like Udemy, as well as other sites. However, it is worth considering that pursuing an MBA program with a fresh mind and an open outlook for many possibilities may be beneficial for gaining a comprehensive understanding of marketing. In addition to gaining specialized knowledge in finance and marketing, it is also important to have a good understanding of MS Excel and Powerpoint. These skills are widely used in the business world and will be beneficial for any professional in any vertical or specialization.

IIM Sambalpur Course & Fee Structure 2024

IIM Sambalpur MBA fees 2024 is INR 21.01 Lakhs for 2 years. In 2023, IIM Sambalpur MBA fees was INR 18.01 Lakhs and in 2022, MBA fees was INR 13.08 Lakhs. IIM Sambalpur fees include Tuition fees, Hostel charges, SAC Activity fees, Placement Facilitation charges, Mess fees, Alumni fees, and the refundable Caution deposit.

The tuition fee is INR 14 lakhs for 2 years. The hostels and the mess charges are included in the total fee, which is INR 4.50 lakhs for a 2-year hostel and INR 1.26 lakhs for a 2-year mess. The students will also have to pay a refundable caution deposit which is INR 20K.

Besides the 2-year MBA, IIM Sambalpur offers Executive MBA, MBA for Working Professionals, Ph.D., and Executive Ph.D. Programs. The fees for all these programs are listed in the article below.

Table of Content

IIM Sambalpur MBA Fees 2024
IIM Sambalpur Hostel Fees 2024
IIM Sambalpur Fees, Courses & Eligibility
IIM Bodh Gaya Vs IIM Jammu Vs IIM Sirmaur Vs IIM Vizag Vs IIM Amritsar
IIM Sambalpur FAQs

IIM Sambalpur MBA Fees 2024

The IIM Sambalpur MBA fees have increased from INR 18.01 Lakhs for 2 years to INR 21.01 Lakhs. The IIM Sambalpur MBA fees for the academic year 2024-26 is INR 21.01 Lakhs.

IIM Sambalpur fees for all the MBA courses are as follows:

Courses	IIM Sambalpur Fees
MBA	INR 21.01 Lakhs
Executive MBA	INR 12 Lakhs
MBA for Working Professionals	INR 14.10 Lakhs

IIM Sambalpur MBA Fees breakup is as follows:

Heads	PGP-I (2023-24)			PGP-II (2024-25)
Installments	1	2	3	1	2	3
Tuition Fee	INR 2,50,000	INR 2,25,000	INR 2,25,000	INR 2,50,000	INR 2,25,000	INR 2,25,000
Hostel Charges	INR 75,000	INR 75,000	INR 75,000	INR 75,000	INR 75,000	INR 75,000
SAC activity	INR 25,000	-	-	INR 25,000	-	-
Placement Facilitation Charges	INR 25,000	-	-	INR 25,000	-	-
Mess Deposit	INR 21,000	INR 21,000	INR 21,000	INR 21,000	INR 21,000	INR 21,000
Alumni Fees	-	-	-	-	-	INR 5,000
Refundable Caution Deposit	INR 20,000	-	-	-	-	-
Total	INR 4,16,000	INR 3,21,000	INR 3,21,000	INR 3,96,000	INR 3,21,000	INR 3,26,000
IIM Sambalpur MBA Fees	INR 10,58,000			INR 10,43,000

IIM Sambalpur Hostel Fees 2024

IIM Sambalpur hostel fees and the mess charges are included in the total fees. The fee breakup of the hostel and the mess charges are mentioned below:

Particulars	Year 1	Year 2	Total
Hostel Fees	2.25 Lakhs	2.25 Lakhs	INR 4.50 Lakhs
Mess Charges	INR 63 K	INR 63 K	INR 1.26 lakhs

The hostel charges have increased tremendously in 2024. The year-wise fees of IIM Sambalpur hostel fees and mess charges are as follows:

Particulars	2024-26	2023-25	2022-24	2021-23
Hostel Fees	INR 4.50 Lakhs	INR 3.50 Lakhs	INR 1.30 Lakhs	INR 1.30 Lakhs
Mess Charges	INR 1.26 lakhs	INR 1.26 Lakhs	INR 1.13 Lakhs	INR 1.08 Lakhs

Check: IIM Sambalpur Hostel Facilities

IIM Sambalpur Fees, Courses & Eligibility

Courses	IIM Sambalpur Fees	Course Details
MBA	INR 21.01 Lakhs	Intake: 300 Eligibility: Bachelor’s degree with 50% marks. Selection Criteria: CAT + Personal Interview through CAP.
Executive MBA	INR 12 Lakhs	Eligibility: Bachelor’s degree with 50% marks + 3 years of managerial/entrepreneurial/ professional experience. Selection Criteria: Personal Interview
MBA for Working Professionals	INR 14.10 Lakhs	Eligibility: Bachelor’s degree with 50% marks + 3 years of managerial/entrepreneurial/ professional experience. Selection Criteria: Personal Interview
PhD	NIL	Eligibility: Master’s Degree/ Integrated Master’s Degree/ Postgraduate diploma with 60% marks OR Bachelor’s degree with 60% marks and a professional qualification like CA, ICWA, CS OR 4-year Bachelor’s degree in Engineering with atleast 6.5 CGPA or equivalent marks. The age should not be more than 40 years. Selection Criteria: CAT/ GRE/GATE/GMAT/JRF (UGC/CSIR)/ IIMSAT + Personal Interview.
Executive PhD	INR 7.25 Lakhs	Eligibility: Master’s Degree/ Integrated Master’s Degree/ Postgraduate diploma with 60% marks OR Bachelor’s degree with 60% marks and a professional qualification like CA, ICWA, CS OR 4-year Bachelor’s degree in Engineering with atleast 6.5 CGPA or equivalent marks. The candidates should have 5 years of managerial/entrepreneurial/ professional full-time experience Selection Criteria: CAT/ GRE/GATE/GMAT/JRF (UGC/CSIR)/ IIMSAT + Personal Interview.

IIM Bodh Gaya Vs IIM Jammu Vs IIM Sirmaur Vs IIM Vizag Vs IIM Amritsar

Institute Name	Fee Structure	Average Placement	NIRF Ranking 2023
IIM Sambalpur	INR 21.01 Lakhs	INR 16.64 LPA	58
IIM Bodh Gaya	INR 17 Lakhs	INR 15.68 LPA	53
IIM Jammu	INR 18.85 Lakhs	INR 16.5 LPA	41
IIM Sirmaur	INR 17.50 Lakhs	INR 14.45 LPA	98
IIM Vizag	INR 17.82 Lakhs	INR 15.64 LPA	29
IIM Amritsar	INR 21 Lakhs	INR 16.51 LPA	51

IIM Sambalpur Fees FAQs

Ques. Did the IIM Sambalpur fees increase?

Ans. Yes, the IIM Sambalpur fees increased in 2024. Previously, the institute charged INR 18.01 lakhs, and in 2024, the fees increased to INR 21.01 lakhs.

Ques. What is the MBA fee at IIM Sambalpur?

Ans. The IIM Sambalpur MBA fees is INR 21.01 lakhs for the academic year 2024-26.

Ques, What are the costs included in the IIM Sambalpur MBA fees?

Ans. IIM Sambalpur fees include costs like Tuition fees, Hostel charges, SAC Activity fees, Placement Facilitation charges, Mess fees, Alumni fees, and the refundable Caution deposit.

Ques. What are the executive MBA fees at IIM Sambalpur?

Ans. The executive MBA fee at IIM Sambalpur is INR 12 lakhs for the 2-year program.

Ques. How much is the tuition fee for an MBA at IIM Sambalpur?

Ans. The total MBA fee at IIM Sambalpur is INR 21.01 lakhs, but the tuition fee charged is around INR 12 lakhs.

Ques. What are the hostel fees at IIM Sambalpur? Is it compulsory to stay at the campus hostel?

Ans. Yes, it is compulsory for the IIM Sambalpur MBA students to stay at the campus hostel. The hostel charges are around INR 4.50 lakhs for 2 years.

Ques. How much is the offer acceptance fee at IIM Sambalpur?

Ans. The candidates who accept the admission offer at IIM Sambalpur will have to pay an offer acceptance fee of INR 50K, which will be adjusted in the first installment fees.

Ques. How caution deposit is required to be paid at IIM Sambalpur? Will it be refunded?

Ans. Yes, the caution deposit is refundable and will be refunded after the course is completed. The caution deposit for an MBA is around INR 20K.

Ques. How much are the mess charges at IIM Sambalpur?

Ans. The mess charges at IIM Sambalpur are around INR 1.26 lakhs for 2 years, and this is also included in the total fees only.

Course	Fees	Eligibility	Application Date
MBA 2 Courses	₹7.2 Lakhs - 10.05 Lakhs (Total Fees)	Graduation with 50%	20 Jan - 15 May 2024
EMBA	₹6 Lakhs (1st Year Fees)	Graduation with 50%+ CAT	-
MBA - WP	₹14 Lakhs (Total Fees)	Graduation	-
Ph.D	₹3.25 Lakhs (1st Year Fees)	Post Graduation	31 Mar 2024
Ph.D	₹50,780 (Total Fees)	Post Graduation	-

Why To Join IIM Sambalpur - Reviews & Rating

4.3

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Nikhil

3.9Helpful

MBA, General

Reviewed on Feb 2, 2024(Enrolled 2022)

My journey

Likes

My life with my boys in hostel whole day
Library and books available there are very helpful

Dislikes

Food quality is not good as the location is in odisha
There is always network issue in the campus

Fees and Financial Aid:

There was hike 4 lacs in the feees this year because of permanent campus , cost of study is high there are many scholarship and financial assistance based on caste , need and government policies . We get internship and final placement

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AMAN SAHU

3.8Helpful

MBA, Information Systems

Reviewed on Jan 3, 2023(Enrolled 2022)

College of Dreams

The cost of the postgraduate management program at IIM Sambalpur is relatively affordable compared to other business schools. The total cost for the two-year program is approximately 13 lakhs, which includes fees for tuition, accommodation, and other expenses such as mess fees and a refundable deposit. Some students may also incur additional costs if they choose to participate in off-campus programs or internships, which could be an additional 1-2 lakhs. The fee structure is well-organized and transparent, and there are multiple scholarship programs available to help students offset some of the costs.

Anonymous

4.1Helpful

MBA, Marketing Management

Reviewed on Jul 8, 2022(Enrolled 2020)

The college of dreams

The fee structure is nominal as compared to other B-schools prevalent in the market. The total cost one incurred in tenure of 2 years is 13 lakhs in terms of fees and if one plans to go offshore for exposure additional 1-2 lakh was the sum amount. The cost was equated and structured well in terms of the hostel, mess, Tuition fees and refundable fees(15000). There were multiple scholarship programs running on campus.

Gaurav Gangaram Naik

3.4Helpful

Reviewed on Apr 25, 2022(Enrolled 2020)

Good

The fee was 133000 for 2 years Throughout these 2 years, there was no fee hike I did not receive any scholarships but the college had scholarships in the first year for top 10 students and after completion of the MBA we had 3-4 scholarships

KUNAL KISHORE

Reviewed on Nov 21, 2021(Enrolled 2021)

IIM Sambalpur- Review

13,03,000 is our fees including tuition, hostel, mess, etc. The cost to study is a little high here. The scholarship is related to caste category and merit basis. The bank is the best option for financial assistance.

Ankit Sharma

4.0Helpful

Reviewed on Nov 13, 2021(Enrolled 2021)

IIM review

Op Jindal scholarship for top students, for 1st years selection, is based on overall grades of admission and for 2nd year it's on their academics. Also, the college provides some amount to the college toppers up to 7 students.

Safar kha

Reviewed on Nov 11, 2021(Enrolled 2021)

Review of college

As the average package is around 8LPA and the college fee is 13LPA so the cost of the study is high. Even though everything is online still there won't be any refund related to Hostel or the internet. We are yet to get placed.

Animesh kumar

Reviewed on Nov 10, 2021(Enrolled 2021)

IIM Sambalpur

You can have Op jindal scholarship for the toppers of the college and also college provides 100000 to the top 7 meritorious students. You can always avail loan from the bank anytime whichever interest you find reasonable

Gautam Kumar

4.0

The scholarship is always there for you on a merit basis and also on the category. The cost to study is high is what I feel. I have taken a loan from Bank. Interest was on floating rate. The nearby bank provides a higher interest rate.

Shubham

4.4Helpful

MBA, Financial Management

Reviewed on Nov 2, 2021(Enrolled 2021)

IIM Sambalpur : Know everything

The fee structure is 13.02 lakhs p.a for Regular MBA for two years which will be require to pay with some installments on every trimester. Scholarships provides to students from SC, ST and OBC categories. The job schenario is good so far as the institute able to cater good amount of recruiters to the campus so far. Institute has 100% placement record so far and kind of aptitude and skills student posses college able to bring big names in the drive.