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How is IIM Visakhapatnam so far?
According to recent reports, IIM Visakhapatnam is on an excellent pace of development in all means. Students of IIM Visakhapatnam are seen to excel in various corporate competitions like V-guard, KPMG, etc. There are notifications of students succeeding in competitions every now and then, and the credit goes to the faculty, their guidance and support.
The table below gives a brief overview of the institute.
|
Total Fees (PGP) |
13.65 Lakhs |
|
Highest Salary Offered |
27 LPA |
|
Median Salary Offered |
12 LPA |
|
Cut-off (CAT) |
92 percentile |
Faculties:
- The professors and lecturers are considered to be among the best in the country. Some of their lessons seem to be worth, if not more, that is spent for the degree.
- Each faculty has a different way of teaching, and something interesting and exciting comes up from everyone.
- The professors encourage free-minded opinions from students.
Placements:
- The placement report of IIM Visakhapatnam is published on the official website of the institute. According to the recent statistics, the placement of IIM Visakhapatnam is quite decent and satisfying.
- IIM Visakhapatnam is known for providing genuine placement reports. They don’t add expenses like travel, etc to the CTC, which is the case in some other institutes. So, it can be considered 100% authentic.
- The institute has seen the best recruiters visiting the campus for placement.
Location and facilities:
- Vizag is a beautiful city. The beachside hostel of the institute offers a heavenly view every morning and evening.
- There is some provision of sports for students, but not too good due to lack of infrastructure. It is expected that this will be sorted in the permanent campus.
- Facilities like free gym membership in one of the best gyms in the city (Talwalkars) is provided by IIM.
Overall, it is a definite verdict that IIM Visakhapatnam has a lot to offer to its students, including curriculum, activities, and placement.
What makes IIM Visakhapatnam hostels the best hostels?
Calling the IIM Vishakhapatnam’s hostel the best is literally not an understatement. It’s the world-class amenities combined with the serene surroundings that make it seem like a resort-like experience. One of my friends was a PGP student at Vizag and stayed at a beach-facing hostel. The sunrise and sunset views from the balcony and terrace make it seem like you are in a hotel and make your hostel life really peaceful and more home-like. Apart from the spectacular views, other major facilities are
- The cleaning staff cleans the room and table and makes your bed every morning.
- Every flat is given 2 kettles to boil milk or make Maggie
- Every flat has a common area with a TV, sofas, and a refrigerator.
- The rooms have basic furniture like a bed, mattress, study table, chairs, etc.
- Everyone student is allotted a separate wardrobe
- The food is served from a 3-star hotel and is one of the best you can get at a hostel. It caters to every taste bud.
- The terrace has washing machines so that the students can do their laundry in an open area
- Electrical appliances like AC and geysers make your summers and winters comfortable
Overall IIM Vizag has excellent hostel facilities and if you are depressed or stressed about your academics you can take a break by just sitting on the balcony and taking in the breathtaking view.
Should I join TCS or IIM Visakhapatnam?
Considering TCS being an IT company providing employment and opportunities to learn and IIM Visakhapatnam a considerable new IIM, here are a few pros and cons regarding both the decisions.
TCS:
- Being in TCS, you will be surrounded by fast-paced engineering graduates, working in IT.
- Usually, candidates working in TCS get enough (sometimes a lot of) time for preparation of CAT, GMAT, etc. This sort of preparation is even enough for getting a seat in old IIMs. Adding to the advantage, the work experience you will have would help you score even better than fresh academics.
IIM Visakhapatnam:
- On the other hand, joining IIM Visakhapatnam has a different set of advantages and disadvantages. Being a new IIM, the faculty and infrastructure are being established with time.
- In a new IIM, you will get the chance to learn a lot from the development of new committees and clubs, which proves to be quite important later.
- The mentoring institute, i.e. IIM Bangalore brings an excellent set of faculties and industry experts for a top-level coaching and management education. But, the placement here is the main concern. Being a new IIM, the institute cannot even compete with top private B-Schools in India, which is a serious disadvantage.
- The government of Andhra Pradesh is promoting a lot of Startups to make good prospects. A start-up village is set up in Vizag.
Overall, the above factors give a brief overview of the scenarios in both choices. The final decision is yours, whether to join the IT industry, get prepared, and crack CAT, or take up IIM Visakhapatnam and get a dive into the unexplored opportunities.
Are the six newest IIMs a good option? (i.e., IIM Nagpur, Vizag, Amritsar, Sirmaur, Bodhgaya, Sambalpur)
I wouldn’t suggest you take admission to any new IIM if you are not ready to commit yourself to hard work both in terms of academics and extracurriculars. The Baby IIMs require determination and dedication and if you lack any of these, it’s better to look for other options.
The opportunities offered by the new IIMs are way ahead and unique when compared to the older ones. You shouldn’t join a new IIM merry to enjoy the benefits from the IIM tag because that alone won’t suffice it. It's better to take a drop year and target an older IIM than go for a new one that is yet to make its mark in the industry.
The new IIMs are suitable for those who are ready to work and toil and take advantage of opportunities in building a new institute. Most students will end up with a job but it’s not a brainer that there will be a big compromise and namesake job compared to the colorful careers an IIM brand promises.
|
Particulars |
IIM Nagpur |
IIM Vizag |
IIM Amritsar |
IIM Sirmaur |
IIM Bodh Gaya |
IIM Sambalpur |
|
Ranking |
43rd rank in NIRF |
33 rank in NIRF |
55th rank in NIRF |
69th Rank in NIRF |
41 in the IIRF |
33rd place in IIRF |
|
Fees |
2 Lakhs (Total Fees) |
8.52 Lakhs (1st Year Fees) |
8,00,000/Yr |
16,00,000 Total Fees |
16,28,000 Total Fees |
5,40,000/Yr |
|
Average package |
INR 16.74 LPA |
INR 16.61 LPA |
INR 16.51 LPA |
INR 12.74 LPA |
INR 16 LPA |
INR 16.64 LPA |
You can infer from the table above, the Data from all the baby IIMs is similar both academically and placements-wise. So the final decision should be based on personal preferences and career prospects.
How did IIM Visakhapatnam do better at placements than some of the second generation IIMs?
IIM Visakhapatnam had a lot of help from IIM Bangalore for placements in the first few batches. A pool summer placement process was organized at Bangalore for the first three batches. This resulted in students interning at companies like Cloudtail and Directi. If you are lucky, you will find colleagues from colleges like IIM Ahmedabad, Bangalore, Calcutta, XLRI, and FMS.
The internship is a great opportunity for you and it will pose a strong point in job interviews. Moreover, my advice to you would be to network as much as possible. You will probably earn a 6 figure monthly stipend during the summer internship. Eventually, as students began to perform well and some of them at par with the top three IIMS (ABC), PPOs began loyally recruiting students from the college.
These job profiles are the same as those offered at IIM Bangalore. An example of this would be that of Bosch. It offers a Junior Manager’s program available only to premier campuses like IIM Bangalore, IIFT Delhi, etc. as seen on LinkedIn. It even has an international visit to Germany included.
Another major reason would be that this industry prefers students who have previously done summer internships. This PPO percentage was higher for the first two batches from IIM Visakhapatnam since most of the students were taught by IIM Bangalore professors.
Here are some other statistics for placements at IIM Visakhapatnam:
- Many IIM V students are at the consultant level at the Government of Andhra Pradesh.
- The batch size of the first two years was only 50.
- Since most of the students were taught by IIM B faculty, they have more knowledge and experience.
- 18% of the students secured a PPO here, which is higher than any other second-generation IIM.
All these factors combined above have now ensured that IIM Visakhapatnam does better in placements than any other second-generation IIM. Currently, the highest CTC stands at INR 27 LPA and a minimum at INR 10 LPA. Companies like Yes Bank, Amul, and Crompton Greaves regularly visit the institute for placements.
How is the mess food at IIM Visakhapatnam?
Food served at IIM Vishakhapatnam’s mess is generally decent and edible. One does not have to frequently resort to ordering food from outside. The recent supplier is a 4-star hotel in Visakhapatnam.
- They offer a wide variety of cuisine satisfying the taste buds of everyone including vegetarians, non-vegetarians, and egg lovers.
- The utensils of both vegetarian and non-vegetarian are separate and so are the cutlery.
- The mess follows a 4-meal per-day program comprising breakfast, lunch, snacks, and dinner
- A 24/7 working coffee vending machine is also available in every hostel
- The serving staff is polite and caters to the issues of all the students
- Great importance is given to hygiene and safe food handling
- In case of illness you can ask the hostel committee to get you separate food from outside
- Students who fast can also get their special food by informing the hostel committee beforehand.
- The menu includes both North and South Indian dishes. Other than the main course the students also get Fruits, milk, tea, and coffee.
Such amazing mess facilities make it easy for the students to live a comfortable hostel life without missing homemade food much.
Which one is better, IIM Visakhapatnam or Nagpur?
IIM Visakhapatnam is not better than IIM Nagpur yet it is at a level with it. There are many reasons why people choose it over Nagpur.
- It is the best among the newest IIMs. IIM Visakhapatnam’s spectacular growth and placement statistics are a testament to that fact.
- The horse-shoe-shaped classrooms are the highlight of its infrastructure. There are 2 whiteboards with projectors each. The new IIMs still lack this facility
- The hostel facilities are also very clean and hygienic with a variety of cuisine offered at the mess.
- The location in itself is a USP of the college. The serene surroundings with spectacular views and fresh air attract many nature lovers.
So if your expectations are low regarding placements and facilities, IIM Visakhapatnam is the best new IIM you can go for.
Which one is better, IIM Vizag vs IIM Amritsar?
The table below will help you differentiate between the two IIMs
|
Particulars |
IIM Vizag |
IIM Amritsar |
|
Fees |
INR 15,04,920 |
INR 12 Lakhs |
|
Cutoff |
80 |
92 |
|
Batch-size |
240 |
228 |
|
Average Salary |
INR 15.06 LPA |
INR 25.21 LPA |
|
Highest Salary |
INR 31.60 LPA |
INR 14.63 LPA |
|
Distance of nearest airport |
14 km |
14 km |
|
Top Recruiters |
Amazon, BYJU’s, Deloitte, HCL, HDFC Bank |
Accenture, Cognizant, Dell, Deloitte, Genpact |
Which is better: IIM Vizag, IIM Nagpur, or NMIMS Mumbai?
My friend was in a similar dilemma a few years ago. She had offers from NMIMS, SIBM and IIM Nagpur. She wasn’t sure if choosing a new IIM over these B Schools would be a wise decision. Yet she chose Nagpur in the end. Some major reasons that led her to choose it were
-
- Campus: IIM Nagpur and Vizag both have their own residential campus and amazing hostel facilities. It helps you make new friends and spend time in extracurricular activities and group discussions once your classes are over NMIMS on the other hand lacks hostel facilities
- Location: Nagpur and Vizag both have a location advantage over other new IIMs in the sense that they have airport facilities promoting connectivity.NMIMS enjoys the best location and many top firms visit the campus because of it. But in reality, it is only the ones with the best profiles that get good roles; others are offered average packages only.
- ROI: NMIMS does not offer a good ROU because of its high living expenses. Nagpur leads in this aspect because of minimal living expenses, lower fees than other IIMs, and similar packages.
- Placements: NMIMS has developed a strong alumni base and therefore attracts many top firms. But like I mentioned above, 80% of the batch is offered average roles. It’s only the ones with spectacular profiles that get the best roles. IIMs have a balanced placement scenario in contrast.
- Brand Value: Despite the unending debate, one cannot deny the brand value of the IIM tag. There are certain HRs from top organizations who still prefer IIM students over other top B Schools. This is the sole reason why the new IIMs give an edge to B Schools like IMT, SIBM Pune, etc.
Based on the above parameters you have to make a decision according to your preferences. My friend was glad she chose IIM Nagpur and it helped her uplift her career through various opportunities.
Can I be eligible for IIM Visakhapatnam with my academic records 10th 85%, 12th 92%, and graduation 62%?
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 |
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