IIM Visakhapatnam is one of the new generation IIMs established in 2015. IIM Vizag is mentored by IIM Bangalore. IIM Visakhapatnam MBA fee is INR 17.82 Lakhs. IIM Vizag has been ranked 29th by NIRF 2023 in the Management Category.
IIM Visakhapatnam MBA admission is based on CAT followed by a Personal Interview round. An overall CAT percentile of 82 and sectional percentile of 70 is required for admission into IIM Vizag. The final selection is based on various other parameters like academic qualifications, work experience, and gender diversity. IIM Visakhapatnam placements 2024 have been concluded. IIM Visakhapatnam's highest package stood at INR 43.25 LPA and IIM Visakhapatnam average package stood at INR 15.64 LPA.
At IIM Visakhapatnam, the minimum CAT percentile for the 2023-25 batch was 80.98 percentile. A total of 151272 general category candidates selected IIM Visakhapatnam PGP as their CAT preference, of which 2267 were shortlisted for PI WAT round and 1446 received the final offer.
Table of Content
- IIM Visakhapatnam Highlights
- IIM Visakhapatnam Important Dates 2024
- IIM Visakhapatnam Fees
- IIM Visakhapatnam Courses
- IIM Visakhapatnam Admission 2024
- IIM Visakhapatnam CAT Cut-off 2024
- IIM Visakhapatnam Placement 2024
- IIM Visakhapatnam Ranking
- IIM Visakhapatnam Vs IIM Kashipur Vs XIMB
- Life at IIM Visakhapatnam
- IIM Visakhapatnam Alumni
- IIM Visakhapatnam FAQs
IIM Visakhapatnam Highlights
| Particulars | Statistics |
|---|---|
| Established | 2015 |
| Accepted exams | CAT, GRE, GMAT, GATE |
| Popular courses | MBA, EMBA |
| Fees (MBA) | INR 17.82 Lakhs |
| Ownership | Public/Government, Autonomous |
| Total courses | 4 courses across 1 stream |
| No. of faculty | 35 |
| Scholarship | 7 |
| Highest CTC | Rs 43.25 LPA (2024) |
| Average CTC | Rs 15.64 LPA (2024) |
IIM Visakhapatnam Important Dates 2024
The table below represents the events and dates for Admission 2024:
| PGP (MBA) | |
|---|---|
| Phase 1 Shortlist | January 6, 2024 |
| Application Submission | January 6 - March 4, 2024 (1 PM) |
| Edit Window for the Application | March 5 - 8, 2024 |
| Call for Personal Interview | April 1 - 3, 2024 |
| Personal Interview | April 10 - May 6, 2024 |
| Admission offers | May 20, 2024 |
| Registration | June 24, 2024 |
| Read More | |
| EMBA | |
|---|---|
| Application Process Starts | December 1, 2023 |
| Application Process Ends | April 20, 2024 |
| EMAT Exam | April 27, 2024 (Tentative) |
| Interview | April 28, 2024 (Tentative) |
| Result Declaration | On or Before May 6, 2024 (Tentative) |
| Read More | |
IIM Visakhapatnam Fees
IIM Visakhapatnam MBA fees is INR 17.82 Lakhs.
| Course Name | Fees |
|---|---|
| PGP | INR 17,82,960 |
| PGPEx | INR 10,80,000 |
| EMBA | INR 10,80,000 |
Chat with Experts & Aspirants, get exclusive insights: Join IIM Visakhapatnam Community
IIM Visakhapatnam Courses
IIM Vizag offers PGP, PGPEx, PGPDGM, Doctoral & Certificate Programs. Here are some highlights of the Courses offered by IIM Visakhapatnam:
| Course Name | Program Details |
|---|---|
| PGP | Intake: 340 Eligibility: Bachelor’s degree with 50% marks Selection Criteria: CAT + Personal Interview |
| PGPEx | Eligibility: Bachelor’s degree with 55% marks + 3-year work experience Selection Criteria: CAT/ GMAT/ GRE/ IIMV Test + Personal Interview |
| EMBA | Eligibility: Bachelor’s degree with 50% marks + 3-year work experience. Selection Criteria: EMAT + Personal Interview |
Check other courses: IIM Visakhapatnam Courses & Fees
IIM Visakhapatnam Admission 2024
IIM Visakhapatnam admission 2024 will start with the onset of CAT 2023 registrations. Candidates who have appeared for the CAT and choose IIM Visakhapatnam as one of their preferences will be shortlisted based on their CAT percentile.
IIM Vizag admission process is as follows:
| Admission Stages | Description |
|---|---|
| Register for CAT | Candidates should register for CAT and apply for IIM Visakhapatnam as one of their preference in the CAT form. |
| CAT Exam | Appear for the CAT exam, as CAT Percentiles will be used for the first shortlisting. |
| Apply to IIMV | The candidates who have cleared the CAT cut-off will be asked to apply to the PGP program at the IIMV website. |
| Shortlist for Personal Interview | Now the candidates will be shortlisted for the personal interview based on their CAT Percentiles, academic qualifications, work experience, and gender diversity. |
| Personal Interview Round | The shortlisted candidates will have to appear for a personal interview. |
| Final Selection | The final selection will be based on the performance of candidates in the CAT exam, personal interview, academic qualification, work experience, and gender diversity. |
IIM Visakhapatnam Selection Criteria
The following data represents the admission stats for the MBA batch of 2023-25:
| Category | No. of Candidates Selected IIM Visakhapatnam | Candidates Selected for WAT/PI | No. of Students With Final Offer |
|---|---|---|---|
| General | 151272 | 2267 | 1446 |
| EWS | 9465 | 629 | 266 |
| NC-OBC | 36968 | 1745 | 786 |
| SC | 18356 | 875 | 532 |
| ST | 5162 | 447 | 246 |
| DAP | 951 | 141 | 108 |
Check: IIM Visakhapatnam detailed Admission
IIM Visakhapatnam CAT Cut-off 2024
The overall CAT cut-off for IIM Visakhapatnam is 82, and the sectional cut-off is 70 for all the sections. The CAT cut-off will be used to shortlist the candidates for the interview.
| Category | Overall | VARC | DILR | QA |
|---|---|---|---|---|
| Unreserved | 82 | 70 | 70 | 70 |
| EWS | 72 | 63 | 63 | 63 |
| NC-OBC | 72 | 63 | 63 | 63 |
| SC | 50 | 40 | 40 | 40 |
| ST | 40 | 30 | 30 | 30 |
| PwD | 40 | 30 | 30 | 30 |
IIM Visakhapatnam Results
The following table represents the Category wise minimum cutoff and composite score at which final offers were made to the 2023-25 batch:
| Category | Minimum CAT Percentile | Lowest Composite Score | Highest Composite Score |
|---|---|---|---|
| General | 80.98 | 45.7 | 89.5 |
| EWS | 72.04 | 38.8 | 87.8 |
| NC-OBC | 73.20 | 38.2 | 89.7 |
| SC | 46.62 | 33.9 | 79.4 |
| ST | 36.85 | 22.1 | 80.2 |
| PwD | 39.43 | 22.9 | 74 |
Check: IIM Visakhapatnam Cut-off
IIM Visakhapatnam Placements 2024
IIM Visakhapatnam Placements 2023 has been concluded with 100% placements. IIM Visakhapatnam average package stood at INR 15.64 LPA whereas IIM Visakhapatnam highest package stood at INR 43.25 LPA. The highest package increased by 25% from the last year. The highest number of offers were made in the BFSI Sector with 34% of offers. Recruiters like Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc participated in the placement drive. More highlights of IIM Visakhapatnam Placements 2024 are tabulated below:
| Particulars | Placement Statistics (2024) |
|---|---|
| Number of Recruiters | 177 |
| Number of New Recruiters | 117 |
| Placement Percentage | 100% |
| Highest Package | INR 43.25 LPA |
| Average Package | INR 15.64 LPA |
| Top 10% Average Package | INR 28.6 LPA |
| Top 25% Average Package | INR 24.62 LPA |
| Top 50% Average Package | INR 21.05 LPA |
| International Offers | 4 |
| Average Package of International Offers | INR 19.5 LPA |
| Top Sector | BFSI, IT & Consulting |
| Top Recruiters | Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc. |
The IIM Visakhapatnam placement report for the last 3 years is mentioned below:
| Year | Highest CTC | Average CTC |
|---|---|---|
| 2023 | INR 32.65 LPA | INR 16.61 LPA |
| 2022 | INR 31.60 LPA | INR 15.06 LPA |
| 2021 | INR 20.82 LPA | INR 12.62 LPA |
| 2020 | INR 27 LPA | INR 13.08 LPA |
Check: IIM Visakhapatnam detailed Placement
IIM Visakhapatnam Ranking
IIM Visakhapatnam has been ranked among the top B-schools by NIRF and IIRF, the ranking awarded by both institutions are mentioned below:
| Ranking body | Year | Category | Rank |
|---|---|---|---|
| NIRF | 2023 | Management | 29 |
| IIRF | 2024 | Top Govt. B-School | 24 |
| IIRF | 2023 | Top Govt. B-School | 27 |
Check: IIM Visakhapatnam Ranking
IIM Visakhapatnam Vs IIM Kashipur Vs XIMB
| Particulars | IIM Visakhapatnam | IIM Kashipur | XIMB |
|---|---|---|---|
| Established | 2015 | 2011 | 1987 |
| NIRF Ranking 2023 | 29 | 19 | 46 |
| Batch Size | 340 | 324 | 356 |
| Campus Area | 241 acres | 200 acres | 200 acres |
| City | Visakhapatnam | Kashipur | Bhubaneswar |
| MBA Fees | INR 17,82,960 | INR 17,30,000 | INR 20,90,000 |
| Curriculum | 41 core credits and 9 elective credits in the first year, and minimum 45 elective credits in the second year. | 21 core credit courses in the first year. | 105 core credits and elective credits in 2 years. |
| Specialization | BFSI (34%) and Consulting (31%) | IT (39%) and Finance (30%) | Marketing (27%) and Finance (27%) |
| Highest CTC | INR 43.25 LPA | INR 37 LPA | INR 71.50 LPA |
| Average CTC | INR 15.64 LPA | INR 18.1 LPA | INR 20.03 LPA |
| International Collaborations | The institute collaborate with institutes in other countries to attain standards of global excellence in management education and research. | The institute has relations with foreign institutions and conducts student exchange and faculty exchange programs, and joint research activities. | The institute offers a student exchange program and most of the students are sent to universities in Europe for the student exchange program. l. |
Life at IIM Visakhapatnam
IIM Visakhapatnam has currently two campuses, one is the temporary campus and the other is the permanent campus of around 241 acres of land. The permanent campus has world-class facilities, but the temporary campus offers the students a beach view from the hostel rooms. There are 5 separate hostels near the college campus, and the college provides transport facilities for commuting between the campus and the hostel. A typical day on campus is usually spent in classes, with lectures, presentations, and case studies. After that students get busy with assignments as the curriculum is quite rigorous. Read More
IIM Visakhapatnam Alumni
| Alumni Photograph | Name | Designation | Company |
|---|---|---|---|
|
|
Shriya Dutt (1997-99) | Director of Diversity, Equity and Inclusion | Qualcomm |
|
|
Abhishek Goel (2015-17) | Product Manager | |
|
|
Gaurav Duttachaudhuri (2015-17) | Vice President - AD1 | AU Small Finance Bank |
|
|
Unnmalini Boruah (2017-19) | Senior Associate | PwC Acceleration Centers |
IIM Visakhapatnam FAQs
Ques. How many students are offered admission after final shortlist by IIM Visakhapatnam?
Ans. IIM Visakhapatnam has increased the intake to 340 students to make a final admission offer for its MBA batch 2024. The present IIM Visakhapatnam 2022-24 batch size comprises 272 students.
Ques. How is the hostel facility at IIM Visakhapatnam?
Ans. Hostel rooms are allotted on a double occupancy basis. The rooms are well-equipped with modern facilities and amenities for a comfortable stay and provide a full concentration while learning. IIM Vishakhapatnam students are housed in 2 separate buildings near campus and the college provides transport facilities. Other facilities at IIMV hostel include Wifi & TV, Refrigerator, Discuss Room, Dining hall, indoor games like pool table, carom, chess, table tennis, etc.
Ques. What are the scholarships provided to the students of IIM Visakhapatnam?
Ans. Various types of scholarships are awarded to the students at the institute, which are:
- Ministry of Tribal Affairs Scholarship (ST)
- Ministry of Social Justice and Empowerment Scholarship (SC)
- Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)
- Merit Cum Means Scholarship For Professional and Technical Courses CS
- Aditya Birla Scholarship
- Citi Women’s Leader Award
Ques. How is the placement at IIM Visakhapatnam?
Ans. IIM Vishakhapatnam has been providing 100% placements to all the candidates. In the placement drive of 2024, the Highest CTC stood at INR 43.25 LPA and the Average CTC stood at INR 15.64 LPA. IIMV 2024 placements drive was attended by 177 recruiters where 117 recruiters were new.
Ques. Does IIM Visakhapatnam has a permanent campus?
Ans. No, IIM Visakhapatnam does not have a permanent campus, for now, however, 241.50 acre land for campus construction has been allocated and construction is ongoing. IIM Visakhapatnam is currently located in its temporary Andhra University campus in the ‘City of Destiny’, Visakhapatnam.
Ques. How to reach the IIM Visakhapatnam?
Ans. Candidate can reach to the address: Indian Institute of Management Visakhapatnam, Andhra Bank School of Business Building Andhra University Campus, Visakhapatnam Andhra Pradesh 530 003, India and contact to the office by :- 7993179328.
Ques. Is IIM Visakhapatnam worth joining?
Ans. Yes, joining IIM Visakhapatnam is totally worthwhile. The institute provides total return on investment and gives tough competition to the new generation IIMs. Considering the placements, infrastructure and education quality, IIM Visakhapatnam is a good option to pursue management studies.
Ques. What are the prospects after graduating from IIM Vizag?
Ans. IIM Vizag provides excellent summer internship opportunities to its students and brilliant final placements at the top companies and organizations with amazing salary packages ranging from INR 8 LPA to INR 20 LPA.
Ques. What CAT percentile do I need for the IIM Visakhapatnam?
Ans. Students seeking admission in IIM Visakhapatnam MBA programme are required to have a minimum of 82 CAT overall percentile while a minimum of 70 sectional cutoffs for each section- QA, DILR and VRC for the general category. Check IIM Visakhapatnam Cutoffs.
Ques. What is the average salary package of IIM Visakhapatnam?
Ans. As per the placements statistics of 2024, IIM Visakhapatnam has recorded 100% placements for its MBA batch with an average CTC of INR 15.64 LPA. Check IIM Visakhapatnam Placements.
Ques. How much amount is needed to be paid at the time of IIM Visakhapatnam PGP offer acceptance?
Ans. You need to pay an initial offer acceptance fee of INR 50,000/- for the PGP Programme. More details regarding the PGP fee payment will be sent through the mail to the shortlisted students along with the admission offer letter.
Ques. Does IIM Visakhapatnam have its own hostel?
Ans. IIM Visakhapatnam is currently functioning from a temporary campus located inside Andhra University. The institute has rented whole buildings nearby the campus on an exclusive occupancy basis to serve as hostels. IIM Visakhapatnam itself arranges transportation for students commuting between hostels and the campus.
Ques. Will IIM Visakhapatnam provide Global Immersion Programme to its PGPEx students?
Ans. Yes, IIMV International immersion will be offered to the PGPEx students as an optional elective course. Participants who wish to enroll in this course need to pay an additional fee for the program along with the Term IV registration fee.
Ques. Does IIM Visakhapatnam provide scholarship facilities to its students?
Ans. Yes, IIM Visakhapatnam has introduced a merit-based scholarship for PGP students as a waiver of tuition fees. Additionally, need-based scholarships, External Scholarships, and financial aid for family income below 6 Lakhs are also offered to the students.
Ques. Is it worth doing MBA from IIM Visakhapatnam?
Ans. IIM Visakhapatnam is considered one of the best baby IIMs in the country. IIMV is a high RoI institute where the placement record is 100%. During IIV Placement 2023, the highest salary stood at INR 32.65 LPA and the average salary was recorded as INR 16.61 LPA.
Ques. How is the hostel facility at IIM Visakhapatnam?
Ans. Hostel rooms are allotted on a double occupancy basis. The rooms are well-equipped with modern facilities and amenities for a comfortable stay and provide a full concentration while learning. IIM Vishakhapatnam students are housed in 2 separate buildings near campus and the college provides transport facilities. Other facilities at IIMV hostel include Wifi & TV, Refrigerator, Discuss Room, Dining hall, indoor games like pool table, carom, chess, table tennis, etc.
Ques. Is IIM Visakhapatnam good for MBA?
Ans. IIM Visakhapatnam is good for MBA since it has been ranked 29th by NIRF 2023 among the top management institutes in India. Even after being a new-generation IIM, IIM Visakhapatnam has made a place for itself with its excellent faculty and placements.
Ques. Is it easy to get into IIM Visakhapatnam?
Ans. It is not that easy to get into IIM Visakhapatnam, because you have to clear the CAT exam which is challenging for most people. One needs to Percentile above the 80 percentile in CAT to get shortlisted in the first round and then have to also perform well in the interview.
Ques. What is the CAT cut-off for IIM Visakhapatnam?
Ans. The overall CAT cut-off for IIM Visakhapatnam is 82, and the sectional cut-off is 70 for all sections.
Ques. Is it worth joining IIM Visakhapatnam?
Ans. Yes, it is worth joining IIM Visakhapatnam as the first reason is the IIM brand tag, which has a high value among recruiters. Secondly, the curriculum is not exactly but almost similar to other IIMs, which is highly rigorous. Their placements are good, has a 100% placement record in 2023 and some of the top companies like Amazon, Cognizant, Deloitte, HCL, HSBC, HDFC Bank, and ICICI Bank. etc visit the campus.
Ques. What are the fees for MBA in IIM Visakhapatnam?
Ans. The MBA program fee at IIM Visakhapatnam is INR 17,82,960.
Ques. What is the median salary of IIM Visakhapatnam?
Ans. The median salary of IIM Visakhapatnam in the 2023 placement drive was INR 16 LPA, whereas, in 2022 placements, it was INR 15.46 LPA.
Ques. Do freshers get good placement in IIM Visakhapatnam?
Ans. Looking at the placement records of the last 3 years, IIM Visakhapatnam has been showing a 100% placement record. So the institute has been doing its best to get all the students placed, whether it's a fresher or somewhat with experience.
Ques. How can I study MBA for free at IIM Visakhapatnam?
Ans. There are two ways, a student can study for free at IIM Visakhapatnam:
- Financial Aid: IIM Visakhapatnam offers financial aid to students who have an annual household income of less than 6 lakhs. These need-based students are evaluated in four categories and given a financial Percentile. Based on these Percentiles the applicant is provided with 100%, 80%, 60%, 40%, or 20% financial aid.
- Scholarship: There are scholarships available for ST and SC students in which the tuition fees are covered in full.
Ques. Are hostel fees included in the IIM Visakhapatnam fees?
Ans. No, the fees of INR 17,82,960 does not include hostel fees.
Ques. Is it compulsory to stay in the hostel at IIM Visakhapatnam?
Ans. Yes, the MBA program at IIM Visakhapatnam is a residential program, so it is mandatory for the students to stay in the campus hostel.
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