IIM Visakhapatnam, like most B-schools in India, sets minimum criteria for admission based on the percentage scored in 10th, 12th, and graduation. The criteria for admission at IIM Visakhapatnam are not as stringent as some of the older IIMs, and generally, a score of above 60% in 10th, 12th, and graduation would make one eligible for admission at the institute. However, it's important to note that the institute may have different requirements and cutoffs for different programs, and it's best to check the official website or contact the institute directly for the most up-to-date and accurate information on their admission criteria. Additionally, while meeting the minimum eligibility criteria is important, it is not the only factor that is considered during the admission process, other factors such as work experience, entrance exam scores, and personal interviews are also considered.
The CAT score, in addition to being a selection criterion, is also used to establish the minimum level of proficiency that is expected from the candidate in respective areas as indicated by section-wise minimum scores in the CAT.
The weightage for key components of the shortlisting criteria for IIM Visakhapatnam in 2022 is as follows:
Component | Weight in percentage on a scale of 100 | Key Points to Note |
CAT 2021 Percentile | 50 | Section-wise weight prescribed |
Class 10 marks | 10 | 90 & Above percentile |
Class 12 marks | 10 | 90 & Above percentile |
Bachelors degree | 10 | Stream-wise weights |
Diversity | 10 | Awarded to Female Candidates, transgenders & Non-Engineers |
Work experience | 10 | Candidates with work ex from 1 year and below 3 years awarded the highest weight |
At IIT Madras, you have the privilege of having taken a course in R&D Management at the Department of Management Studies (DOMS) at the institution. The course is renowned for its comprehensive curriculum that covers various aspects of R&D management, including product development, project management, and technology commercialization. The faculty is well-experienced and knowledgeable in their respective fields, and they are known to provide valuable insights and guidance to students. The DOMS at IIT Madras is well-equipped with state-of-the-art facilities and infrastructure, making it an ideal place to pursue management education.
IIM Visakhapatnam, on the other hand, is one of the new IIMs that was established in 2015. It offers the Post Graduate Program in Management (PGP), which is designed to provide students with a comprehensive understanding of the various functional areas of management, as well as the skills and knowledge required to become successful managers. IIMs have a well-established brand name in the field of management education and are known for their rigorous curriculum, highly-qualified faculty, and excellent placement record.
In conclusion, both IIT Madras and IIM Visakhapatnam are reputed institutions that offer quality management education. The choice between the two will ultimately depend on your personal and professional goals, as well as your preferences. You should consider factors such as curriculum, faculty, infrastructure, and location, among others, before making a decision. It is also recommended that you research both institutions in-depth and visit their campuses to get a better understanding of the learning environment and culture.
Based on your academic performance, you have the potential to be admitted to the top 30 colleges for MBA programs. It is recommended to focus on preparing for and achieving the best percentile possible in exams such as CAT and other relevant exams. It is unclear who has provided you with the options previously mentioned, but it is important to consider other options that may be more suitable for you.
Some of the options that you have a chance to receive an invitation from and potentially convert into an acceptance include the following:
It is always important to make informed decisions by researching and discussing your options before making a final decision.
When considering which of the newer Indian Institutes of Management (IIMs), also known as "baby IIMs", to attend, it can be difficult to determine which institute may be better suited for a particular field of study or specialization, as these institutions have only recently been established and have not yet had the opportunity to distinguish themselves in any specific area.
One way to gain insight into the placement opportunities available at these institutions is to review the reports on their summer placement drives, as these reports can provide information on the types of companies and industries that recruit students from the campus.
According to the latest placement report obtained in January 2022, IIM Nagpur has successfully completed the summer placements for the 2022 batch of MBA students. The report indicates that the highest stipend increased by 44%, and the average stipend increased by 12.5%. Prominent companies such as United Breweries, L&T Infotech, Dalmia Bharat, Doha Bank, YourStory, Nivia Sports, and Future Generali participated in the summer placements drive.
Similarly, IIM Vizag also released the final report of its 2021-23 summer internship placement drive. According to the report, the highest stipend stood at INR 3.5 Lakhs per month, and the average stipend stood at INR 57 K per month. Prominent recruiters that participated in the drive include Microsoft, KPMG, YES Bank, ICICI Bank, Bosch, D.E. Shaw, Cognizant, ThermoFisher, ICICI Lombard, Mahindra Logistics, Latent View Analytics, Dalmia Bharat, TVS Credit, ArcelorMittal Nippon Steel, HPCL, HSL, and NSDC.
Therefore, reviewing the reports of the placement drives is one of the best ways to gain insight into the types of companies and industries that recruit from these institutions, which may help in determining which campus would be a good fit for a student's career aspirations.
When considering MBA programs, it is important to recognize that not all institutions are created equal. Some institutions often referred to as "legacy institutions," have a long history of success and are widely recognized as some of the best business schools in the country. Other institutions, often referred to as "baby IIMs," are relatively new and may not yet have the same level of prestige or reputation as legacy institutions.
However, when it comes to choosing a business school, it's important not to compare legacy institutions and baby IIMs directly, as each has its own strengths and weaknesses. Instead, it is recommended to focus on the specific institution and the attributes it brings. One such institution is IMT Ghaziabad, which is a well-established institution that is known for its academic programs and reputation in the industry.
It's important to note that MBA aspirations can differ from person to person and it's essential to identify what the MBA means for you. There are two types of MBA aspirants:
It is highly recommended to decide by yourself, Among which category you belong, and then go for it. According to the opinion stated in the passage, the recommendation is towards the category of legacy institutions.
The financial aid offered by IIM Visakhapatnam is solely need-based. One needs to produce important documents like bank statements and property papers. The upper limit for family income is INR 6 LPA but one can avail of the loan under special circumstances le medical issues or earlier loans.
You can get more details regarding the same matter once you reach the campus. They give you enough time to gather the documents before sanctioning the loan.
Your job prospects are directly related to your line of specialization and the related opportunities available. It all depends on the companies whose requirements match your profile.
Many small cities and towns still lack job prospects for an MBA graduate even if he has the degree of an IIM. So it’s better you grab the best opportunities during the final placements itself. After that, depending on your performance you can climb the ladder and avail a plethora of job opportunities.
So if you are planning to settle in Visakhapatnam your prospects are a little bleak because it is a small city.
My brother recently passed out from IIM Visakhapatnam and was all praise for the institute. Some major praises I heard from him were
Particulars |
Statistics |
Placement percentage |
100% |
Highest CTC |
INR 32 LPA |
Average CTC |
INR 15.47 LPA |
Number of Companies |
100 |
Top Recruiting Sector |
IT & Consulting: 32% BFSI: 26% Manufacturing: 14% |
Overall, the IIM Visakhapatnam is one of the fastest growing new IIMs and his MBA experience from there was pretty good.
Don’t go for IIM Visakhapatnam if you are just attracted by the IIM tag. While it surely is part of the IIM family that does not necessarily mean it has the same standards. Between the two, SIBM Pune gives a slight edge to IIM Visakhapatnam. If you talk about them generally they definitely are good institutions, but they are not the best. IIM Visakhapatnam is not yet recognised at SIBM Pune.
But if your preference is staying in your hometown or other location factors and IIM Visakhapatnam is suitable for you, then go for it. Both are almost similar in terms of worth and academics. At the end of the day it’s not the institution but your own performance that matters.
If you have applied for a visiting faculty position at IIM Visakhapatnam you should wait for an interview call from them. If you are qualified enough and talented then they will definitely approach you for a faculty position. IIMs have the pressure to maintain the IIM standards so they are always on the hunt for the best professors. So if you are confident of your worth, apply to other IIMs also. I am sure one of the many IIMs will identify your talent and offer you a suitable position.