Which one out of IIM Nagpur and IIM Vizag is preferable?

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Gopi Krishna Goyal Posted On - Jan 30, 2023
Worked at IBM (company)

As a current student at IIM Vizag, you can vouch for the fact that the institute has outperformed many of the newer IIMs despite being relatively young. The placement report available on the official website speaks to the confidence that the industry has in the institute and its students, and this is reflected in the strong job offers received by graduates.

But beyond just looking at placement reports, it is important for MBA students to have exposure to real-world business problems, and IIM Vizag provides this through classroom discussions, guest lectures, business conclaves, and corporate competitions.

In addition to academic pursuits, life at IIM Vizag is enriched by a range of festivals, celebrations, competitions, and cultural and sports events. Nurtured by its parent institute IIM Bangalore and supported by a talented faculty, IIM Vizag offers a vibrant and fulfilling experience for students, and if you are fortunate enough to be selected for the program, you can look forward to living and studying in the beautiful city of Visakhapatnam.

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Devdarshini De Posted On - Nov 19, 2020
Studied at Indian Institute of Management Visakhapatnam (2018)

IIM Nagpur and IIM Vizag are both institutes of national importance and are relatively newer in the generation of IIMs. While IIM Vizag stands at 20th in IIMs Rankings, IIM Nagpur occupies 14th spot.

Admissions

IIM Vizag

  • Students must have at least 55% in their graduation to apply for PGP, Ph.D., PGP-DGM, PGPEx programs.
  • Admissions are based on CAT/GMAT/GRE scores.

IIM Nagpur

  • For PGP, a student must be a graduate with 55%.
  • IIM Nagpur accepts the scores of CAT as well as GMAT.

Infrastructure

IIM Vizag

  • The library consists of about 30,000 books, thesis, journals, e-books, etc.
  • The campus has WiFi access, auditorium, hostels, canteen, conference rooms, gyms. ATMs etc.
  • It functions on the Harvard Business School model, teaching mostly based on case studies.

IIM Nagpur

  • The library includes everything from the latest management books, journals, textbooks, journals, and audio-visuals.
  • The other facilities include single occupancy hostels, sports complexes, computer labs, cafeteria, gym, 

Placements

IIM Nagpur

  • The highest CTC of the year 2020 was INR 40 LPA.
  • The average and median package was INR 13.3 LPA and INR 12.55 LPA respectively.
  • There were around 10 PPOs offered.
  • The placement percentage was almost 100%.
  • Industry-wise, Banking & Finance Sector and IT covers 17% of placements.
  • The key participant companies are Deloitte, Genpact, Infosys, ThyssenKrupp, PolyCab, HCL, Coffee Day Overseas, Amazon, Value Labs, etc.
  • The highest stipend for the summer placements was INR 1.2 lakhs. The average stipend was INR 54,064.

IIM Vizag

  • No. of the participating companies in placements was 75.
  • 16 students were offered PPOs by industry giants like Microsoft, Nestle.
  • The highest CTC for 2020 is INR 27 LPA.
  • The average and median salaries were INR 13.08 LPA and INR 12 LPA respectively.
  • The top recruiters were Amazon, Delhivery, Franklin Templeton, HDFC Bank, KPMG, Wipro, Crompton, BrowserStack, etc.
  • The highest stipend for summer placements is INR 2 lakhs and the average stipend was INR 51,000.

Both the institutes are mentored by older IIMs and have highly qualified faculty. These institutions are also a part of many international collaborations which help students avail myriad of facilities. It is up to the individual to select a given course in a particular college based on interest and accessibility after considering all factors.

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