IIM Visakhapatnam - Indian Institute of Management Visakhapatnam
What's New at IIM Visakhapatnam
The notification for the CAT exam has been released. The last date to apply for the CAT exam is September 13, 2024. The admit card will be made available from November 5, 2024, and the exam will take place on the 4th Sunday of November, i.e., November 24, 2024. Students can visit @iimcat.ac.in and register for the same. The results are expected to release in January of next year.
IIM Visakhapatnam updates are as follows:
- IIM Visakhapatnam was ranked 26th in the management category as per NIRF Ranking 2024.
- IIM Visakhapatnam Placements 2024 has been concluded with the highest package of INR 43.25 LPA & the average package of INR 15.64 LPA was offered to the students.
About IIM Visakhapatnam
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 26th by NIRF 2024 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 2025
- IIM Visakhapatnam Fees
- IIM Visakhapatnam Courses
- IIM Visakhapatnam Admission 2025
- 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 2025
The table below represents the events and dates for Admission 2025:
| PGP (MBA) | Tentative Dates |
|---|---|
| Phase 1 Shortlist | January 6, 2025 |
| Application Submission | January 6 - March 4, 2025 (1 PM) |
| Edit Window for the Application | March 5 - 8, 2025 |
| Call for Personal Interview | April 1 - 3, 2025 |
| Personal Interview | April 10 - May 6, 2025 |
| Admission offers | May 20, 2025 |
| Registration | June 24, 2025 |
| Read More | |
The table below represents the dates for the winter batch of EMBA program 2024-26:
| EMBA | |
|---|---|
| Application Process Starts | August 12, 2024 |
| Application Process Ends | September 11, 2024 |
| EMAT | September 21, 2024 (Tentative) |
| Interview | September 22, 2024 (Tentative) |
| Result Declaration | On or Before September 27, 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 2025
IIM Visakhapatnam admission 2025 will start with the onset of CAT 2024 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 | 2024 | Management | 26 |
| 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 2024 | 26 | 23 | 43 |
| 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 26th by NIRF 2024 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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IIM Visakhapatnam Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
MBA 1 Course | ₹9.25 Lakhs (1st Year Fees) | Graduation with 50% | 1 Aug - 13 Sept 2024 | |
PG Program 2 Courses | ₹10.8 Lakhs - 16.5 Lakhs (Total Fees) | Graduation with 55% + CAT | 1 Aug - 13 Sept 2024 | |
Certification 1 Course | ₹6 Lakhs (1st Year Fees) | Graduation | - | |
| EMBA | ₹5.4 Lakhs (1st Year Fees) | Graduation with 50% | - | |
| PGP | ₹8.91 Lakhs (1st Year Fees) | Graduation | - |
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Courses Offered By IIM Visakhapatnam 2024
Select Degree and Streams to See Course Fees and Admission Details.
Eligibility:
Application Date:
Insights Based on NIRF Ranking 2024
Male: 371|Female: 141
Student Intake (512)
₹1600000
Median Salary
98%
Passing %
94%
Placement %
Eligibility:
Insights Based on NIRF Ranking 2024
Male: 371|Female: 141
Student Intake (512)
₹1600000
Median Salary
98%
Passing %
94%
Placement %
Eligibility:
Application Date:
Insights Based on NIRF Ranking 2024
Male: 371|Female: 141
Student Intake (512)
₹1600000
Median Salary
98%
Passing %
94%
Placement %
Eligibility:
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IIM Visakhapatnam Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Result Date | Tentative Jan 10, 2025 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Admit Card Date | Nov 05, 2024 |
| CAT 2024 Registration Date | Aug 01, 2024 - Sep 13, 2024 |
| Application Timeline (PGPM) | Aug 01, 2024 - Sep 13, 2024 |
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Result Date | Tentative Jan 10, 2025 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Admit Card Date | Nov 05, 2024 |
| CAT 2024 Registration Date | Aug 01, 2024 - Sep 13, 2024 |
| Application Timeline (PGPM) | Aug 01, 2024 - Sep 13, 2024 |
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IIM Visakhapatnam Cutoff 2024
Exams
IIM Visakhapatnam, CAT Cutoff 2023
IIM Visakhapatnam, CAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for CAT is 70
| Courses | Round 1 |
|---|---|
Compare | 70 |
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IIM Visakhapatnam Rankings 2024
You can check college rankings with different ranking agencies.
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Why To Join IIM Visakhapatnam - Reviews & Rating
Most Popular Tags
Likes
- Admission Process was really fast and smooth
- The clubs and committees bring a lot goid competitive opportunities to compete with other colleges like case competition, quizzes, debates etc
Dislikes
- Language issue for those who are not localised or speak Telugu
Admission:
Eligibility on the basis of CAT score, 10, and 12, work experience and educational background are considered The forms can be filled out if you have achieved the required CAT score and the details are shared over mail, it contains all the important timelines and information. The communication is really fast and all the queries are solved. The exams are well made and conducted having a good difficulty level. 12 exams across 2 year including mid and end-term examinations, frequent quizzes are also conducted
Likes
- Academic excellence- IIM Visakhapatnam offers a comprehensive of challeneging curriculam that blends theoretical and practical knowledge.
- Infrastructure and facilities Modern campus equipped with world class facilities, including smart rooms and advanced computing resources.
Dislikes
- Long streching construction - campus is still in the concstruction
Admission:
Admission is through CAT exam. On the basis of percentile, Candidate will get shortlisted for the college. Now candidate has to show interest in the course by paying some fees on the college portal and then college will give interview call. After that interview will get conducted and on the performance and overall merit, final seat will be offered. Student has to book that seat within 3-4 workings day by making an initial payment of 50000 rs through college website.
Likes
- The Campus and the faculties are one of the best.
- Availability of International Immersion programs
Dislikes
- The vicinity at which the campus is, pretty desolated.
- The food can become monotonous and tasteless.
Admission:
The MBA course required the candidate to write the CAT exam which is conducted yearly in November. The result is declared in the first month of Januaryhe couse requires a cutoff marks of above 90 percentile for General category students for getting the shortlist at the institute. Once the cut off criteria has been cleared there are 2 processes in-line for the shortlisted candidate, GD and PR. These have been made convinient post COVID wherein the Institue provides the option for both Online as well as Offline mode, preferences are filled in by the candidate but the decision is with the Institute in question. The process is pretty straight forward and well elicited in the follow up mails, received over the official mail id. There s generally a pre process talk and then the candidates are divided into grops for further process. My personal experience was quite positive.
Likes
- academic rigor and case based learning with very experienced faculty
- Hostels are very nice with single occupancy for privacy and mess quality and variety of food is good
Dislikes
- there is network issues around the campus for networks like airtel
- location is very far from the main city and cabs and online ordering optios are very less
Admission:
The admission process was very smooth, the application is started from the CAT form after which there is a separate form which is to be filled once the CAT results are announced, the reservation policy is as per government norms, the exam is conducted once a year in November end mostly, the exam is moderate to difficult, things which can be improved is the process time which starts quite late even though the results are out quite early
Likes
- Liked whole business immersion like placement, study, presentations, group activity, all fest of college
Dislikes
- Rolling process of placement i kond of dislike. Also college is still underconstruction
Admission:
I have received intimation of open appliaction then after applied on college website submitted SOP, there was no application fee although. I am a girl so may be received some weighted advantage also there is Caste reservation in admission process like other
Likes
- Amazing infrastructure which is surrounded by scenic beauty.
- Well equipped sporty facilities and gym.
Dislikes
- Hectic schedule of classes and other activities.
- Clg is located in remote area hence city is far then the clg
Admission:
I gave CAT exam in 2022 then applied for IIM Visakhapatnam. I had yo fill a different form to apply for it. Then they took interview online and i was given an admission. Cutoff is mentioned on IIM Visakhapatnam's website. It changes every year.
Likes
- I like the campus of IIM Visakhapatnam, it has one of the best hostels with state of the art infrastructure which makes our life very comfortable and gives us the environment so that we should freely focus on our curriculum and development.
- The college scenic beauty, because our college is situated outside the city and the mountains are surrounding the campus from all the three sides and thus the campus presents a very beautiful and eye-catching image which lives in memory forever.
Dislikes
- The campus is still under construction and still it lacks in some of the basic facilities, which will be provided to the future batches of the college, like properly constructed auditorium, library and different rooms for clubs and committees.
- The student immersion program is still not operational so the students lacks in International exposure and thus the students of our college are not able to get the exposure of the foreign universities, which students of different IIM are having.
Admission:
So, to get admission to the Indian Institute of Management, Visakhapatnam, you have first to clear the Common Admission Test exam, which is conducted once a year based on your percentile in the CAT exam, the shortlisted candidates will have to undergo a Personal Interview round and based on the cumulative scores, students are shortlisted for admission. The CAT exam is a multiple choice exam with moderate difficulty level and it has three sections namely Quantitive aptitude, Verbal ability, reading comprehension and data interpretation, and logical reasoning. After clearing the set cutoff of IIMV, which is 80, 72,72,45,35 (only for shortlisting of Phase 1, the final cutoff will be high) for UR, EWS, OBC, SC, ST, calls for PI round will be sent to students in Jan to Feb and in March PI process will take place, and after that based on the cumulative scores candidates are selected in May to June. With IIMV, the application included a section on SOP to mention personal, educational details
Likes
- The faculty and way of teaching.
- The campus is green. It's in between hills which upscales its beauty.
Dislikes
- The Campus is still under construction means we can't see everything in it .
- There's no good market nearby. It's about 10km away from here
Student Snaps:
Admission:
Admissions are made based on the CAT Score. To get admission to IIM V one must write CAT Exam. Other than CAT his/her marks in 10th, 12, and graduation will also be considered for getting shortlisted for IIM V. After shortlisting, the institutes mail to eligible candidates for enrolling themselves for the admission process. After that again shortlisting is done to select students for Interviews.
Likes
- The smooth admission process which helped us students to onboard easily
- The Student Affairs Council which shows how much the college is run by students
Dislikes
- Language Barrier with the locals in Visakahpatnam
Admission:
Eligibility: It is based on a CAT score. CAT is the toughest management entrance exam in India. Other criteria include your academic record and work experience. The criteria and weightage for each change every year The application form can be found on the Common Admission Test website. The fees are in the range of 1000-1500 rupees and the dates to fill usually start around July-august as the exam is conducted in November The IIM Vishakhapatnam admission process is the smoothest that I have ever seen in my academic career. There is a proper amalgamation of student volunteers and administration members who took efforts to make sure the admission process goes on smoothly
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IIM Visakhapatnam Scholarship 2024
Scholarship provided by the college.
IIM Visakhapatnam has recently introduced merit-based scholarship for the PGP Batch. The scholarships offered are up to a maximum of INR 6.0 lakh per student for Top 2 scorers of the PGP batch (2nd year).
IIM Visakhapatnam, also popular as IIM Vizag, has initiated many Scholarships with an objective of providing intense learning to students without any sort of financial difficulties.
Table of Content
- IIM Visakhapatnam Scholarships Offered Year Wise Trends
- IIM Visakhapatnam External Scholarships Offered
- Scholarships offered at IIM Visakhapatnam
- IIM Visakhapatnam Scholarships Eligibility Criteria and Procedure
- What documents are needed to apply for Scholarships at IIM Visakhapatnam?
- How to apply for scholarships at IIM Visakhapatnam?
- IIM Visakhapatnam Scholarships FAQs
IIM Visakhapatnam Scholarships Offered Year Wise Trends
| Batch | Percent of Batch that received Financial Aid (%) | Average of Quantum of Aid Received (As a percent of total fee) |
|---|---|---|
| 2022-24 | 9.93% | 31.11% |
| 2021-23 | 17.46 | 30.91 |
| 2020-22 | 11.11 | 25.34 |
| 2019-21 | 6.40 | 40.00 |
| 2018-20 | 7.62 | 37.50 |
| 2017-19 | 9.84 | 58.33 |
| 2016-18 | 9.62 | 76.00 |
| 2015-17 | 7.41 | 55.00 |
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IIM Visakhapatnam External Scholarships Offered
The following table represents the summary of external scholarships awarded to IIM Visakhapatnam:
| Batch | Percent of Batch that received External Scholarships (%) | Average of Quantum of Aid Received (As a percent of total fee) |
|---|---|---|
| 2022-24 | 3 | 88 |
| 2021-23 | 4 | 100 |
| 2020-22 | 10 | 74 |
| 2019-21 | 6 | 80 |
| 2018-20 | 5 | 100 |
Click for more details IIM Visakhapatnam Courses and Fees
Have a look at the various scholarships available at IIM Visakhapatnam:-
Scholarships offered at IIM Visakhapatnam
- Ministry of Tribal Affairs Scholarship (ST)
The Ministry of Tribal Affairs, associated with the Government of India, provides financial assistance for Higher Education of Scheduled Tribe students (of PGP first year). The scholarship tends to cover the tuition expenses in full.
Scholarship Specification :- National Scholarship for Higher Education for Scheduled Tribe students
- Ministry of Social Justice and Empowerment Scholarship (SC)
The Ministry of Social Justice and Empowerment Government of India strives to give away financial support for Higher Education of meritorious SC students (of PGP first year). The scholarship is a means scholarship that covers tuition expenses in full.
Scholarship Specification:- National Scholarship for Higher Education for Scheduled Caste.
- Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)
A person who is having a disability not less than 40% and having a disability certificate issued by any competent medical authority, is eligible for this financial aid. This is a means scholarship which is worth INR 2,55,000 per annum.
- Merit Cum Means Scholarship for Professional and Technical Courses CS
This scholarship is awarded to the poor, and meritorious students who belong to minority communities with an aggregate of not less than 50% marks or equivalent grade in the previous final examination. Also, the annual income of their parents/guardians from all sources does not exceed INR 2.50 lakh.
- Complimentary Scholarships offered by Official Authorities
Apart from the above mentioned, students could also apply for scholarships offered by other official bodies. IIM Visakhapatnam encourages students to opt for merit-based scholarships offered by the state and central government or even private bodies.
Students can also explore the scholarships at the official NSP portal i.e. National Scholarship Portal through https://scholarships.gov.in/ and apply as per the eligibility criteria of the respective scheme.
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IIM Visakhapatnam Scholarships Eligibility Criteria and Procedure
Eligibility- All those PGP students whose annual household income is less than INR 5,00,000/- (Rupees Five Lakh only) are eligible to apply for Scholarships at IIM Visakhapatnam. In case of unexpected foreseen circumstances, students may also be eligible to apply for such financial aid.
Procedure for Alloting Scholarships-
- The Financial Aid Committee has set certain guidelines for deciding the number of awardees and amount of financial aid. It is a two-step process of which the first step involves scoring the students based on following factors:-
- Educational Qualifications
- Work Experience (if any)
- Annual Gross Household Income (including income of the student if employed before joining IIMV and outstanding loans if any, provided they were not taken for conspicuous consumption)
- Household Savings
- Real Estate Assets
- Other Assets
- After having gone through the above factors, students shall be called for a personal interaction with a faculty panel. Thereby having understood the genuineness of need for financial aid, students shall be scored a Financial-need Score.
- The overall weighted average of the scores thus yielded would decide if students would get a 100%, or 25% scholarship.
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What documents are needed to apply for Scholarships at IIM Visakhapatnam?
The following documents are essential for applying for IIM visakhapatnam Financial Assistance:-
- Income Certificate for the immediately preceding financial year
- IT Returns for the last two years
- Household Savings documents: Includes all savings and investments such as bank savings accounts, PPF, term deposits, savings certificates, investments in bonds, mutual funds, equity, etc. of self and all members of the family.
- Property documents: Includes any real estate asset, such as apartment, home, or land ownership.
- Loan Documents (if any)
- EMI payment receipts (if any)
How to apply for scholarships at IIM Visakhapatnam?
The basic procedure for applying for Scholarships at IIM Visakhapatnam are as follows:-
Step 1:- Visit the official link where you would wish to get financial aid from. It could be IIM Visakhapatnam website or NSP Portal i.e. https://scholarships.gov.in/ or among some other official bodies.
Step 2:- Look out for the scholarship programmes going live at the portal visited.
Step 3:- Arrange the required documents for the scholarship scheme applicable. Some of the mutual documents might include Income Certificate, IT Returns for the last two years, Household Savings documents, Property documents, and other asset documents (Affluence) such as Two-wheeler, Four-Wheeler, Washing Machine, Refrigerator, Home theater, AC, TV, Digital/Video camera etc. Some optional documents may include Loan Documents and EMI payment receipts.
Step 4:- Apply for the scholarship post completing the eligibility criteria and documentations. Save the temporary/ permanent ID generated for future reference.
For more details click here IIM Visakhapatnam Cutoff
IIM Visakhapatnam Scholarships FAQs
Ques. What are the scholarships offered at IIM Visakhapatnam?
Ans. There are need based scholarships offered by IIM Visakhapatnam for different categories like SC, ST, minorities and so on.
Ques. What are important documents required for applying at IIM Visakhapatnam Scholarships?
Ans. Some of the important documents related to scholarships at IIM Visakhapatnam include Income Certificate, IT Returns for the last two years, Household Savings documents, Property documents and so on.
Ques. What is AN NSP Portal?
Ans. National Scholarship Portal which allows students to access various scholarship programmes during their years of learning in colleges or schools.
Ques. What is the recent PGP merit based scholarship?
Ans. IIM Visakhapatnam offers PGP Scholarships to 2nd year top 2 students as a fee waiver of an amount up to INR 6 lakhs.
Ques. What is the Financial need score?
Ans. On analyzing the student’s need for financial aid, a financial need score is generated after personal interaction with students. This overall score is called the financial need score.
Ques. What is the eligibility criteria for availing scholarships?
Ans. Students with an annual household income less than INR 5,00,000 lakhs are eligible for IIM Visakhapatnam Scholarships.
IIM Visakhapatnam: 22 Answered Questions
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.
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.
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 out of IIM Nagpur and IIM Vizag is preferable?
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.
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.
How is IIM Visakhapatnam so far, can anyone shed some light over infrastructure, library and faculty? Why should I choose IIM V over other IIMs?
Classrooms
The classroom facilities at IIM Visakhapatnam are no joke and even IIM Bangalore professors were impressed by the classroom infrastructure. The classrooms are horse-shoe shaped elevated at every step to facilitate better professor and student contact.
Library
For book lovers, IIM Vishakhapatnam’s library is heaven. The vast library with 24-hour accessibility makes it one of the best. The librarian is very polite and is always on the hunt of bringing the best reads to the library. She even meets the professors and asks for their recommendations for the same. The library also has around 25 different subscriptions. Some of them include The Economist, EPW, Harvard Business Review, and MIT Sloan management.
Faculty
Most of the faculty is from the top B school IIM Bangalore and speaks of credibility. They are learned, experienced and passionate about teaching.
Crowd
Your batchmates will be people from various backgrounds, professions, and cultures. This ensures an all-round learning experience.
So people choose IIM Visakhapatnam over other IIMs because of such facilities and the best opportunities it has to offer.
Which one is better, IIM Vizag or IIM Kashipur?
I would deem IIM Kashipur as a far better choice than IIM Vizag. Some vital points that favor my inclination are
- Legacy: Being older than IIM Vizag, IIM Kashipur has a much stronger and widespread alumni network.
- Infrastructure: The outstanding infrastructure of IIM Kashipur cannot be compared to that of Vizag. It has amazing hostel facilities, a library, well-equipped classrooms, and libraries.
- Location: IIM Kashipur enjoys a better location than Vizag. But location cannot be the only deciding factor.
- Pedagogy: The learning environment and process are much more enhanced at IIM Kashipur. Under the mentorship of IIM Lucknow, Kashipur has successfully adapted to the teaching methods of older IIMs consisting of exams, events, and placements.
- Ranking: Because of a better alumni base, IIM Kashipur enjoys better brand recall. Hence it has better rankings.
All these points clearly state that IIM Kashipur is a better choice than IIM Vizag.
Which is a better choice among IMI New Delhi, IIM-N and IIM-V? Why?
As an MBA aspirant, you should check the recent placements of IMI New Delhi, IIM-N, and IIM-V, faculty quality, student welfare avenues, and infrastructure to compare and evaluate different institutes. It's important to focus on median placement figures and adjust for batch size.
You must look into the opportunities available for student involvement and well-being, such as clubs, societies, sports, cultural events, and corporate competitions. Check the corporate competition section of the school's website to see which companies participate, the positions secured by students, and the number of winners. Good performance in corporate competitions can indicate peer quality and highlight the institute among recruiters. While the brand IIM tag may benefit baby IIMs, established institutes may have better locations, student activities, and industry and alumni connections.
IIM Visakhapatnam Facilities
You can check here to see what types of facilities IIM Visakhapatnam provides.
IIM Visakhapatnam Faculty
Basic Information about the Faculty of IIM Visakhapatnam
IIM Visakhapatnam College Details
Basic Information About the Colleges
Visakhapatnam - 530003
Andhra Pradesh, India
What’s Nearby
IIM Visakhapatnam Latest News
IIM Visakhapatnam Inaugurated its First Batch of Executive PhD Course; Check Details Here
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The Impact of Economic Conditions on MBA Placements in 2024
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Comments
6 Comments
Choosing between these depends on your priorities. IIM Kashipur has a high average salary of INR 20+ lpa but has a mid-range fee structure of around INR 15 lakhs. IIM Vizag offers lower fee structure of INR 12 lakhs and a decent average salary of iNR 16.6 lpa. However, XIMB has a strong reputation but higher fees of INR 20 lakhs+ and a similar average salary to IIM Vizag. For a higher average salary, IIM Kashipur might be better. XIMB offers a good balance but with steeper costs.
IIM Visakhapatnam is a promising new IIM with a lot to offer. The college doesn’t have any legacy as such but it has a 100% placement record and an average salary more than INR 16 lakhs. The average fees are student-friendly, around INR 12 lakhs for the program. It offers modern infrastructure within the Andhra University campus, offering a scenic environment to study.
You need to have passed UG degree to be eligible for admission to PG courses, however for PGDM course, you are eligible with diploma course.
IIM Visakhapatnam offers PhD programs in 9 different specialization which includes Marketing, Entrepreneurship, Strategy, Organizational Behavior And Human Resources and many more.
IIM Visakhapatnam offers full-time PGP as its flagship program. The PGP program is offered in 2 different specialization which are Experience Professionals and Digital Governance And Management.
Yes, As IIM visakhapatnam offers residential courses therefore staying in hostel is mandatory. The hostel of IIM visakhapatnam has all basic amenities.