IIM SAMBALPUR’S 8TH ANNUAL CONVOCATION WITNESSES CONFERRING DEGREES TO 236 GRADUATING COHORTS

Editor’s Synopsis:
• Mr Chandra Shekhar Gosh, Founder, MD & CEO, Bandhan Bank, was the Chief Guest of the ceremony.
• Five Students were awarded with respective Chairman’s and Director’s Gold Medals.
• Priya Pant and Roma Dash secured Chairman’s Gold Medals for Scholastic Performance in MBA and Executive MBA Programme, respectively
• 190 MBA Students (2022-24) were awarded MBA degrees
• First batch (2021-23) of 46 Working Professionals received degrees of Executive MBA.

Sambalpur, April 30th, 2024; IIM Sambalpur, one of the premier management institutions, achieved a significant milestone as the convocation ceremony witnessed the conferral of 236 degrees upon the 8th MBA batch (2022-24) and the first batch of Executive MBA (2021-23). The graduation ceremony also featured the recognition of outstanding academic achievements by Priya Pant and Roma Dash, as they secured Chairman’s Gold Medals for Scholastic Performance in the MBA and Executive MBA Programme, respectively. It was a matter of pride for IIM Sambalpur and a true testament to women’s empowerment to witness two female awardees receiving the first rank in the prestigious awards. Moreover, it is to be noted that out of the top 10 scorers in the MBA batch, 6 of them were from the reserved categories.

Mr. Chandra Shekhar Gosh, Founder, MD & CEO, of Bandhan Bank, presided over the convocation ceremony as the Chief Guest. Mrs, Arundhati Bhattacharya, Chairman, BOG, IIM Sambalpur and Chairman & CEO, Salesforce India graced the occasion. Prof Mahadeo Jaiswal, Director, IIM Sambalpur, along with deans, faculty members, the graduating students, and their parents were present at the ceremony.

Mrs Arundhati Bhattacharya, Chairman, BOG, IIM Sambalpur and Chairman & CEO, Salesforce India, motivated the graduating students as they embarked on their professional journeys and said, “Self-management is paramount importance for achieving progress in all aspects of life and is the cornerstone of success. Without self-discipline, resilience, and the ability to navigate challenges with equanimity, one cannot truly master self-management.”Mrs Bhattacharya further said, “If you cannot lead in times of crisis or step back during periods of steady growth, then you have not yet learned to manage yourself effectively. And without this foundational skill, no amount of management lessons will lead you to success. Therefore, I urge you to reflect on the importance of managing yourself as you leave here today.”

During his keynote address, Mr Chandra Shekhar Gosh, Founder, MD & CEO of Bandhan Bank, shared insights from his life journey and discussed the Human Development Index and its components such as per capita income and education. He also highlighted the challenges faced by individuals at the grassroots level, exemplified by the need to borrow money at exorbitant interest rates due to a lack of access to affordable finance. Mr. Gosh also gave a piece of advice to management passing batch and said, “First, try to find the people who are the best fit for the job, rather than requiring everyone to be highly skilled.”

In the welcome address, Prof Mahadeo Jaiswal, Director, IIM Sambalpur, shed light on the achievements of the premier institute over 9 years and said, “This academic year at IIM Sambalpur has been remarkable progress towards the vision of becoming an institute of par excellence. The newly built campus witnessed the establishment of an i-Hub Incubation Center, the 9th Pan IIM World Management Conference, the 100 Cube Startup Conclave, tie-ups with international universities, the commencement of the Delhi Campus and the inauguration of the permanent campus of IIM Sambalpur, among others.” Prof Jaiswal further said, “This batch is graduating into an exciting era, while the Indian economy is booming. India’s current economic landscape has rich potential, for not only corporate giants but also startups funded by various stakeholders, including the government. India boasts over 98,000 startups and more than 110 unicorns, showcasing the vibrant entrepreneurial ecosystem in the country.” Prof. Jaiswal imparted five success mantras to graduating students like embracing an owner mindset and not the corporate slave mindset, adhering to legal & ethical compliance, becoming problem solvers, taking calculated risks while maintaining professionalism, and learning innovation through technology.

During the Convocation Ceremony, out of 236 graduating students, 190 graduating cohorts received their MBA degrees, while 46 Executive MBA students graduated on this day. A total of five medals were awarded to the meritorious students of the graduating class. In the MBA programme, the prestigious Chairman’s Gold Medal for Scholastic Performance was received by Ms Priya Pant from Uttar Pradesh for securing the 1st rank based on the highest CGPA, and the Director’s Gold Medal for Scholastic Performance was awarded to Mr Aditya Kumar from Bihar for securing the 2nd rank based on the second highest CGPA. The IIM Sambalpur Gold Medal for the best all-around performance, based on scholastic achievements, extracurricular activities, and institutional building activities, was received by Mr Devashish Malkani from Uttar Pradesh. Additionally, for the Executive MBA, the prestigious Chairman’s Gold Medal for Scholastic Performance was awarded to Ms Roma Dash from Odisha, recognising her as the 1st Rank holder with the highest CGPA, and the Director’s Gold Medal for Scholastic Performance was received by Mr Binaya Bhusan Panda from Odisha, who secured the 2nd Rank with the second-highest CGPA.
The ceremony was moderated by Mr. Amrut Mohanty, CAO-In-Charge, 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.