IIM Visakhapatnam is a public business school located in Visakhapatnam, Andhra Pradesh, India. It is one of the 20 Indian Institutes of Management (IIMs), which are considered to be the top business schools in India. IIM Visakhapatnam was established in 2015 and is the first IIM to be established in the southern state of Andhra Pradesh.
IIM Visakhapatnam Highlights
| Particulars | Statistics |
|---|---|
| Established | 2015 |
| Accepted exams | CAT, GRE, GMAT, GATE |
| Popular courses | MBA, EMBA |
| Fees (MBA) | INR 18.25 Lakhs |
| Ownership | Public/Government, Autonomous |
| Total courses | 4 courses across 1 stream |
| No. of faculty | 35 |
| Scholarship | 7 |
| Highest CTC | Rs 32.65 LPA (2023) |
| Average CTC | Rs 16.61 LPA (2023) |
IIM Visakhapatnam Important Dates 2024
| PGP (MBA) | |
|---|---|
| CAT 2023 Registration Starts | August 02, 2023 |
| CAT 2023 Registration Closes | September 20, 2023 |
| CAT 2023 Admit Card Release | October 25, 2023 |
| CAT 2023 Exam Date | November 26, 2023 |
| Application Submission | January 06 – March 06, 2024 (Tentative) |
| Call for Personal Interview | March 31 – April 03, 2024 (Tentative) |
| Personal Interview (Online mode) | April 06 – 25, 2024 (Tentative) |
| Final Admission offers | May 12, 2024 (Tentative) |
IIM Visakhapatnam Fees
The cost of the IIM Visakhapatnam MBA is INR 17.85 Lakhs. The Institute billed INR 15.04 Lakhs for the same in the previous year.
| Course Name | Fees |
|---|---|
| PGP | INR 17,85,250 |
| PGPEx | INR 10,80,000 |
| EMBA | INR 10,80,000 |
IIM Visakhapatnam Courses
PGP, PGPEx, PGPDGM, Doctoral, and Certificate Programs are available at IIM Vizag. Here are some of the courses that IIM Visakhapatnam offers that stand out:
| Course Name | Program Details |
|---|---|
| PGP | Intake: 356 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 |
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.
| 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 Placements 2023
| Particulars | Placements Statistics 2023 |
|---|---|
| Number of Recruiters | 141 |
| Number of New Recruiters | 95 |
| Placement Percentage | 100% |
| Highest Salary | INR 32.65 LPA |
| Average Salary | INR 16.61 LPA |
| Average Salary for Working Professionals | INR 18.32 LPA |
| Top 10% Average Salary | INR 29.03 LPA |
| Top 25% Average Salary | INR 23.63 LPA |
| Top 50% Average Salary | INR 20.24 LPA |
| Median Salary | INR 16 LPA |
| Top Sector | IT & Consulting (33%) |
| Top Recruiters | Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc |
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 | 2023 | Top Govt. B-School | 27 |
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 | 356 | 322 | 356 |
| Campus Area | 241 acres | 200 acres | 200 acres |
| City | Visakhapatnam | Kashipur | Bhubaneswar |
| MBA Fees | INR 17,85,250 | INR 17,30,000 | INR 18,80,000 |
| 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 | Consulting (32%) and Strategy (13%) | IT (39%) and Finance (30%) | Marketing (27%) and Finance (27%) |
| Highest CTC | INR 32.65 LPA | INR 37 LPA | INR 71.51 LPA |
| Average CTC | INR 16.61 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. |
IIM Visakhapatnam Life
Currently, IIM Visakhapatnam has two campuses: the permanent campus, which occupies over 241 acres of land, and the temporary campus. Although the temporary campus’ hostel rooms have a view of the beach, the permanent campus features first-rate amenities. There are five different hostels close to the college campus, and the school offers transportation services for students to go between the campus and the hostel. On campus, a typical day is devoted to lectures, presentations, and case studies in the classroom. Due to the hard nature of the program, pupils then begin working on their tasks.
FAQ's
IIM Visakhapatnam has increased the intake to 240 students to make a final admission offer for its MBA batch 2022-24. The present IIM Visakhapatnam 2021-23 batch size comprises 189 students.
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.
- 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
IIM Vishakhapatnam has been providing 100% placements to all the candidates. In the placement drive of 2023, the Highest CTC stood at INR 32.65 LPA and the Average CTC stood at INR 16.61 LPA. The median salary of MBA graduates at IIM Visakhapatnam remained INR 16 LPA. IIMV 2023 placements drive was attended by 141 recruiters where 95 recruiters were new.
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.
