Should I go for an MBA from IIM Visakhapatnam or try next year?

IIM Visakhapatnam is one of the newest IIMs and lacks credibility to a great extent. The State and Central governments might be trying to make this a good institution but I don’t think it’s capable of offering a plethora of opportunities in terms of placements, exposure, peer learning, or faculty. I will suggest you go for a different IIM if you have any other option up to your sleeve. Even a new IIM that has just been established for a year or two is better. Make sure its infrastructure, placements, and faculty are at par with the IIM standards. It’s too early to claim with surety of IIM Visakhapatnam’s worth. Moreover, if you were able to crack CAT this year, it’s better you try again next year with a bit more determination and target a better B School.

What are the options available for an MBA graduate from IIM to settle in Visakhapatnam?

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.

How many students are offered admission after final shortlist by IIM Visakhapatnam?

IIM Visakhapatnam has increased the intake to 340 students to make a final admission offer for its MBA batch 2024. The present IIM Visakhapatnam 2022-24batch size comprises 272 students.

How is the hostel facility at IIM Visakhapatnam?

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.

What are the scholarships provided to the students of IIM Visakhapatnam?

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 CSAditya Birla ScholarshipCiti Womens Leader Award

How is the placement at IIM Visakhapatnam?

IIM Vishakhapatnam has been providing 100% placements to all the candidates. In the placement drive of 2024, the Highest CTC stood at INR 43.25LPA and the Average CTC stood at INR 15.64LPA. IIMV 2024placements drive was attended by 177recruiters where 117recruiters were new.

Does IIM Visakhapatnam has a permanent campus?

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.

How to reach the IIM Visakhapatnam?

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.

Is IIM Visakhapatnam worth joining?

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.

What are the prospects after graduating from IIM Vizag?

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.

What CAT percentile do I need for the IIM Visakhapatnam?

Students seeking admission in IIM Visakhapatnam MBA programme are required to have a minimum of 82CAT overall percentile while a minimum of 70 sectional cutoffs for each section- QA, DILR and VRC for the general category. Check IIM Visakhapatnam Cutoffs.

What is the average salary package of IIM Visakhapatnam?

As per the placements statistics of 2024, IIM Visakhapatnam has recorded 100% placements for its MBA batch with an average CTC of INR 15.64LPA. Check IIM Visakhapatnam Placements.

How much amount is needed to be paid at the time of IIM Visakhapatnam PGP offer acceptance?

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.

Does IIM Visakhapatnam have its own hostel?

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.

Will IIM Visakhapatnam provide Global Immersion Programme to its PGPEx students?

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.

Does IIM Visakhapatnam provide scholarship facilities to its students?

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.

Is it worth doing MBA from IIM Visakhapatnam?

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.

How is the hostel facility at IIM Visakhapatnam?

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.

Is IIM Visakhapatnam good for MBA?

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.

Is it easy to get into IIM Visakhapatnam?

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.

What is the CAT cut-off for IIM Visakhapatnam?

The overall CAT cut-off for IIM Visakhapatnam is 82, and the sectional cut-off is 70 for all sections.

Is it worth joining IIM Visakhapatnam?

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 2023and some of the top companies like Amazon, Cognizant, Deloitte, HCL, HSBC, HDFC Bank, and ICICI Bank. etc visit the campus.

What are the fees for MBA in IIM Visakhapatnam?

The MBA program fee at IIM Visakhapatnam is INR 17,82,960.

What is the median salary of IIM Visakhapatnam?

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.

Do freshers get good placement in IIM Visakhapatnam?

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.

How can I study MBA for free at IIM Visakhapatnam?

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.

Are hostel fees included in the IIM Visakhapatnam fees?

No, the fees of INR 17,82,960 does not include hostel fees.

Is it compulsory to stay in the hostel at IIM Visakhapatnam?

Yes, the MBA program at IIM Visakhapatnam is a residential program, so it is mandatory for the students to stay in the campus hostel.

What was the salary offered in the placements 2023 at IIM Visakhapatnam?

In the placement drive of 2023, the highest package stood at INR 32 LPA whereas the average stipend stood at INR 15.5 LPA.

How was IIM Visakhapatnam Placements 2022?

During IIM Visakhapatnam Placements 2022, the highest salary stood at INR 31.60 LPA. Students received an average salary of INR 15.06 LPA. Top 10% of the students received an average salary of INR 20.67 LPA, top 25% of the students received an average salary of INR 19.39 LPA & top 50% of the students received an average salary of INR 17.82 LPA. The median salary stood at INR 15.46 LPA. The participating batch achieved 100% placements.

What was the IIM Visakhapatnam average package?

The average package stood at INR 15.06 LPA during IIM Visakhapatnam Placements 2022.

What was the IIM Visakhapatnam highest package?

The highest package stood at INR 31.60 LPA during IIM Visakhapatnam Placements 2022.

How many recruiters visited the campus during IIM Visakhapatnam Placements 2022?

86+ recruiters visited the campus during IIM Visakhapatnam Placements 2022.

What was the median salary received during IIM Visakhapatnam Placements 2022?

The median salary stood at INR 15.46 LPA during IIM Visakhapatnam Placements 2022.

Which recruiters participated during IIM Visakhapatnam Placements 2022?

Recruiters like Amazon, BYJUs, Deloitte, HCL, HDFC Bank etc participated during IIM Visakhapatnam Placements 2022.

What was the highest stipend received during IIM Visakhapatnam Summer Internship Placements 2023?

The highest stipend stood at INR 3.5 Lakhs per month during IIM Visakhapatnam Summer Internship Placements 2023.

What was the average stipend received during IIM Visakhapatnam Summer Internship Placements 2023?

The average stipend stood at INR 57 K per month during IIM Visakhapatnam Summer Internship Placements 2023

What is the NIRF Ranking for IIM Visakhapatnam?

IIM Visakhapatnam has been ranked 33 by NIRF Ranking 2022.

What is IIRF Ranking 2023 and 2022 for IIM Visakhapatnam?

IIRF Ranking for IIM Visakhapatnam is 29 for the year 2023 and 30 for the year 2022.

What rank does IIM Visakhapatnam have?

IIM Visakhapatnam has been awarded a rank of 33 by NIRF 2022 Ranking (i.e. National Institutional Ranking Framework). IIRF has ranked IIM Visakhapatnam as 29 in the year 2023 and 30 in the year 2022. Outlook I Care has ranked the institute 28th in the ranking list.

What are the top three ranked institutes by NIRF 2022 and their scores?

IIM Ahmedabad , IIM Bangalore and IIM Calcutta have been ranked as the top 3 institutes with parametric scores as 83.35, 82.62, 78.64 respectively.

What is NIRF Ranking for MBA/PGDM courses at IIM Visakhapatnam?

IIM Visakhapatnam MBA/PGDM courses have been ranked 33 out of 125 by NIRF Ranking Surveys 2022.

What are the parameters for NIRF Ranking?

The parameters that decide the NIRF Ranking for any institute include Teaching Learning & Resources, Research and Professional Practice, Graduation Outcome, Outreach and Inclusivity, Perception and an Overall Score.

What is IIM Visakhapatnam Cutoff?

IIM Visakhapatnam CAT Qualifying Cutoff 2023 is 80 percentile for general category.

What are the category - wise cutoffs of IIM Visakhapatnam?

The below table represents IIM Visakhapatnam CAT cutoff required for different categories:CategoriesOverall PercentileVARC PercentileDILR PercentileQA PercentileGeneral80707070EWS72636363NC-OBC72636363SC45404040ST35303030PwD35303030

What are the section - wise weightages of IIM Visakhapatnam CAT Cutoff 2023?

The below table represents the scores allotted to each section of the CAT examination:ParticularsCAT Sectional WeightageQuantitative Aptitude (QA)18 PointsData Interpretation & Logical Reasoning (DILR)14 PointsVerbal & Reading Comprehension (VRC)18 PointsTotal40 Points

What are the final selection criteria of IIM Visakhapatnam Admission?

The below table represents the parameters & weightage for final score calculation of IIM Visakhapatnam admission:ParticularsFinal Aggregate Scores WeightageCAT Score25PI48Class 104Class 124Graduation4Diversity (Gender & Academic)5Weightage for Work Experience10Total100

How are the hostels at IIM Visakhapatnam?

Hostels at IIM Visakhapatnam are fully air conditioned with single and double occupancy rooms. Suitable transportation for easy commuting between campus and hostel is available. Many facilities like Wi-Fi, Discussion rooms, Dining hall, are also there making hostels feel at home with health center and library.

What facilities are available at IIM Visakhapatnam Hostels?

Many facilities like Wi-Fi & TV, Refrigerator, Discussion rooms, Dining hall, Indoor games like Pool Table, Caroms, Chess, Table tennis are there with health center and library.

Are there 24*7 health services at IIM Visakhapatnam Hostels?

Yes, there are 24*7 medical and emergency services for students living in IIM Visakhapatnam Hostels.

What makes the medical center at IIM Visakhapatnam unique?

The MERIT Team i.e. Medical Emergency Response & Intervention Team is present on duty 24*7 for student services related to hospitalization and medical requirements in case any.

IIM Visakhapatnam MBA : Fees 2025, Course Duration, Dates, Eligibility

Year (2024 - 2025)	1	2
Tuition fees	₹925125	₹900125
Yearly Fees	₹9.25 Lakhs	₹9.00 Lakhs

Event	Dates
Phase 1 Shortlist	January 6, 2024
Application Submission	January 6 - March 4, 2024 (1 PM)
Edit Window for Application	March 5 - 8, 2024
Call for Personal Interview	April 1 - 3, 2024
Personal Interview (Online mode)	April 10 - May 6, 2024
Final Admission offers	May 20, 2024
Registration	June 24, 2024

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

Components	Weightage
CAT 2023 Score	50 (VARC - 18; DILR - 14; QA - 18)
10th Board Examination	10
12th Board Examination	10
Bachelors	10
Diversity	10 (Gender - Female & Transgender)
Work Experience	10

Components	Weightage
Personal Interview	48
CAT 2023 Score	25
10th Board Examination	4
12th Board Examination	4
Bachelors	4
Diversity	5 (Gender - Female & Transgender)
Work Experience	10

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.

Ranking Bodies	Year	Category
National Institutional Ranking Framework (NIRF)	2023	29th in Management
Indian Institutional Ranking Framework (IIRF)	2024	24th in Management (Govt.)
2023	29th in Management (Govt.)

Institute Name	IIM Visakhapatnam	IIM Kashipur	IIM Nagpur
Fees	INR 17,82,960	INR 17,30,000	INR 18,90,000
Highest CTC	INR 43.25 LPA	INR 37 LPA	INR 64 LPA
Average CTC	INR 15.64 LPA	INR 18.1 LPA	INR 16.74 LPA
NIRF Ranking 2023	29	19	43

The course at IIM Visakhapatnam is led by highly qualified faculty, all holding Ph.D. degrees from esteemed Indian institutions. With a faculty-to-student ratio of about 12:1, the course ensures personalized learning through innovative methods like case studies and simulations. The program boasts a 100% placement rate, with 2022-23 placements featuring a highest package of INR 32.62 lakhs and an average package of INR 16.61 lakhs. Top students received offers around INR 23 lakhs. Each year, around 180-190 companies, including major recruiters like Goldman Sachs and Deloitte, participate in the placement process starting in September. The course fee ranges from INR 17-22 lakhs for two years and is expected to rise by 8-10% annually. Scholarships are available, including merit-based awards and financial aid for students from lower-income families. Summer internships are mandatory, with stipends between INR 50,000 and 1,00,000. Educational loans are accessible without collateral. Overall, the program provides a robust learning environment with strong placement support and financial assistance options.

By Collegedunia’s Personal AI

Events	Dates
CAT 2024 Registration Date	Aug 03, 2024 - Feb 13, 2025
CAT 2024 Result Date	Dec 26, 2024

	IIM Visakhapatnam	IIM Kashipur	IIM Kozhikode	IIM Nagpur	NMIMS Mumbai
Reviews Rating	-	-	-	-	-
Cost To Study	Total Fees ₹1825250 (2 Years ) Hostel Fees ₹75000 Check Detailed Fees	Total Fees ₹1730000 (2 Years ) Check Detailed Fees	Total Fees ₹20.5 Lakhs (2 Years ) Check Detailed Fees	Total Fees ₹18.9 Lakhs (2 Years ) Check Detailed Fees	Total Fees ₹2500000 (2 Years ) Hostel Fees ₹180000 Check Detailed Fees
Ranking	# Ranked 29/125 by NIRF Management Ranks	-	# Ranked 8/292 by India Today Management Ranks	# Ranked 24/272 by India Today Management Ranks	# Ranked 10/272 by India Today Management Ranks
Highest Salary	₹4325000	₹3700000	₹7202000	₹3840000	₹6780000
Average Salary	₹1564000	₹1811000	₹2805000	₹1630000	₹2663000
General Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Total Seats - 260 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Total Seats - 600 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details
Eligibility	Graduation with 50%	Graduation with 50%+ CAT	Graduation with 50% + CAT	Graduation + CAT	Graduation with 50% + NMAT

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