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 26th by NIRF 2024among 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 2024at IIM Visakhapatnam?

In the placement drive of 2024, the highest package stood at INR 43.25LPA whereas the average stipend stood at INR 15.64LPA.

How was IIM Visakhapatnam Placements 2024?

During IIM Visakhapatnam Placements 2024, the highest salary stood at INR 43.25LPA. Students received an average salary of INR 15.64LPA. Top 10% of the students received an average salary of INR 28.6LPA, top 25% of the students received an average salary of INR 24.62LPA & top 50% of the students received an average salary of INR 21.05LPA.The participating batch achieved 100% placements.

What was the IIM Visakhapatnam average package?

The average package stood at INR 15.64LPA during IIM Visakhapatnam Placements 2024.

What was the IIM Visakhapatnam highest package?

The highest package stood at INR 43.25LPA during IIM Visakhapatnam Placements 2024.

How many recruiters visited the campus during IIM Visakhapatnam Placements 2024?

177recruiters visited the campus during IIM Visakhapatnam Placements 2024.

What was the median salary received during IIM Visakhapatnam Placements 2023?

The median salary stood at INR 16 LPA during IIM Visakhapatnam Placements 2023.

What was the highest stipend received during IIM Visakhapatnam Summer Internship Placements 2024?

The highest stipend stood at INR 2.50 Lakhs per month during IIM Visakhapatnam Summer Internship Placements 2024.

What was the average stipend received during IIM Visakhapatnam Summer Internship Placements 2024?

The average stipend stood at INR 79 K per month during IIM Visakhapatnam Summer Internship Placements 2024

What is the NIRF Ranking for IIM Visakhapatnam?

IIM Visakhapatnam has been ranked 26by NIRF Ranking 2024.

What is IIRF Ranking 2024and 2023for IIM Visakhapatnam?

IIRF Ranking for IIM Visakhapatnam is 24for the year 2024and 29for the year 2023.

What rank does IIM Visakhapatnam have?

IIM Visakhapatnam has been awarded a rank of 26by NIRF 2024Ranking (i.e. National Institutional Ranking Framework). IIRF has ranked IIM Visakhapatnam as 24in the year 2024and 29in the year 2023. Outlook I Care has ranked the institute 28th in the ranking list.

What are the top three ranked institutes by NIRF 2024and their scores?

IIM Ahmedabad, IIM Bangalore and IIM Kozhikodehave been ranked as the top 3 institutes with parametric scores as83.32,81.16,77.90 respectively.

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

IIM Visakhapatnam MBA/PGDM courses have been ranked 26out of 100by NIRF Ranking Surveys 2024.

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 2024is 82percentile 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 PercentileGeneral82707070EWS72636363NC-OBC72636363SC50404040ST40303030PwD40303030

What are the section - wise weightages of IIM Visakhapatnam CAT Cutoff 2024?

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

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

Visakhapatnam, Andhra PradeshAutonomous UniversityEstd 2015

#19 For MBA By IIRF 2025

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Content Curator | Updated on - Jun 20, 2025

IIM Visakhapatnam Latest Updates and News

01 Aug, 2025 CAT 2025 Registration has started for MBA/ PGDM admission. Aspirants can register @iimcat.ac.in upto September 13, 2025. CAT 2025 is scheduled for November 30, 2025. For more details, click here.

Course Description

MBA at IIM Visakhapatnam is a 2 Years Degree. The course is offered On Campus as a Full Time program. IIM Visakhapatnam MBA First Year Fees is INR 35,000 for 2024.

Candidates must have at least Graduation with 50% to be eligible for admissions. Admissions are offered based on CAT. Check IIM Visakhapatnam Admission 2025

IIM Visakhapatnam CAT Cutoff 2024 percentile is 80 for the General category. Further, the cutoff percentile is 72 for OBC category, 45 for SC category, Earlier, the CAT cutoff percentile 2023 was 80 for the General category.

According to IIRF Rankings 2025 for Management, IIM Visakhapatnam ranks 19 out of 100 in India. Earlier, the institute ranked 24 out of 46 institutes in India.

IIM Visakhapatnam MBA Fees 2025

IIM Visakhapatnam MBA Fee has not been released yet. For reference you can check the previous year academic fees in the section below.

IIM Visakhapatnam MBA Previous Fees

Fees (2024 - 2025)	Year 1 (in INR)	Year 2 (in INR)
Tuition Fees	35000	35000
Yearly Fees	35000	35000

* Fees is refundable

IIM Visakhapatnam MBA Admission 2025

The minimum eligibility for admission to MBA at IIM Visakhapatnam is Graduation with 50%. Candidates are allotted seats based on CAT.

You can check IIM Visakhapatnam MBA admission dates 2025 in the section below.

CAT Dates 2025

Events	Dates
CAT 2025Exam Date	Nov 30, 2025

IIM Visakhapatnam MBA Cutoff 2025

IIM Visakhapatnam MBA Cutoff 2025 has not been released yet. You can check the previous year CAT cutoff percentile for MBA admissions in the section below.

Categories (2024)	Round 1
General	80
OBC	72
SC	45
ST	35
EWS	72
PwD	35

IIM Visakhapatnam MBA Cutoff 2023

Categories	Round 1
General	80
OBC	72
SC	45
ST	35
EWS	72
PwD	35

IIM Visakhapatnam Ranking 2025

IIM Visakhapatnam ranking 2025 has been released. You can check the agency-wise engineering ranking for IIM Visakhapatnam in the table below.

Ranking Agency	Latest	Previous
	#19 out of 100 (2025)	#24 out of 46 (2024)
	#45 out of 371 (2025) #1st Andhra Pradesh	#35 out of 608 (2023) #1st Andhra Pradesh
	#26 out of 125 (2024) #1st Andhra Pradesh	#29 out of 125 (2023) #1st Andhra Pradesh
	#24 out of 26 (2022)	#28 out of 29 (2021)

Also Check:

IIM Visakhapatnam News and Latest Updates 2025

IIM Visakhapatnam Courses and Fees 2025

Course Details

Latest Update: IIM Visakhapatnam has released the phase 1 shortlist for the PGP batch of 2024-26. The PI will be held from April 10 – May 06, 2024.

IIM Visakhapatnam offers a 2-Year, Full-time MBA (Post Graduate Program). Candidates with a Bachelor’s Degree and a Valid CAT Score are eligible to apply for the program. IIM Visakhapatnam MBA fees for batch 2024-26 is INR 17,82,960. IIM Visakhapatnam MBA Cutoff is 82 Percentile (Overall) and 70 Percentile (Sectional).

able of Content

IIM Visakhapatnam MBA Important Dates 2024
IIM Visakhapatnam MBA Selection Criteria
IIM Visakhapatnam MBA Admission Process
IIM Visakhapatnam MBA Placements 2024
IIM Visakhapatnam MBA Rankings
IIM Visakhapatnam Vs IIM Kashipur Vs IIM Nagpur
IIM Visakhapatnam MBA FAQs

IIM Visakhapatnam MBA Important Dates 2024

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

IIM Visakhapatnam MBA Selection Criteria

Bachelor’s Degree with a Minimum of 50% marks.
Students in their Final Year of Graduation can also apply.

IIM Visakhapatnam MBA Admission Stats Batch 2023-25

At IIM Visakhapatnam, 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.

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

IIM Visakhapatnam MBA Admission Process

IIM Visakhapatnam MBA Admission Process is divided into 2 Phases, they are as follows:

Phase 1:

Candidates who are Shortlisted in Phase 1 are required to submit a detailed Online Application, including a Statement of Purpose.

Phase 2:

Based on the scores in CAT Entrance Exam, Candidates are shortlisted for Personal Interviews (PI). Final Selection is based on Candidate’s Overall Performance in PI, Entrance Exam Scores, Past Academic Performance, Work Experience, Bachelor’s Diversity & Gender Diversity.

For all Qualified Confirmed Candidates, the weights for the 6 Components are fixed as:

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

Final Admission is based on Various Components, the weightage for the same is as follows:

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

IIM Visakhapatnam MBA Placements 2024

IM 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.

Check IIM Visakhapatnam Placements

IIM Visakhapatnam MBA Batch Profile 2024

IIM Visakhapatnam MBA Rankings

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

IIM Visakhapatnam Vs IIM Kashipur Vs IIM Nagpur

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

IIM Visakhapatnam MBA FAQs

Ques. Is IIM Visakhapatnam one of the Baby IIMs?

Ans. Baby (New) IIMs are the recent addition to the list of Indian Institute of Management. IIM Visakhapatnam is one of them; established in 2015 & Mentored by IIM Bangalore.

Ques. How is the Hostel Facility for IIM Visakhapatnam Students?

Ans. Girls & Boys Hostel are on separate Wings / Floors in the Hostels at IIM Visakhapatnam. IIM Visakhapatnam has a Good record of Diversity; about One-Third of Students have been girls.

Ques. On completion of the PGP program at IIM Visakhapatnam, will I get a PGP Degree or a MBA Degree?

Ans. IIM Visakhapatnam awards its PGP students with an MBA degree.

Ques. What is the CAT Cutoff for Admission in IIM Visakhapatnam?

Ans. IIM Visakhapatnam CAT Cutoff for Admission in 2024 is 82 for General, 72 for EWS and NC-OBC, 50 for SC and 40 for ST and PwD category.

Ques. What was the Highest Package at IIM Visakhapatnam this year?

Ans. The placement drive for IIM Visakhapatnam 2024 batch witnessed a huge success. The Highest package stood at INR 43.25 LPA while the Average package remained at INR 15.64 LPA. 177 Recruiters took part in the Placement Drive where 117 were 1st time recruiters. Some of the Top Recruiters the Institute witnessed were, Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc.

Master of Business Administration [MBA]

first year fees: ₹35,000

4.42 Years Full Time

(Based on 373 views last year)

45 Students have shown interest in the last 30 days

Year (2024 - 2025)	1	2
Tuition fees	₹35000	₹35000
Yearly Fees	₹35,000	₹35,000

IIM Visakhapatnam: Students' Opinion

AI-Generated Summary based on 21 Reviews

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

Important Updates

IIM Visakhapatnam Upcoming Important Dates 2025

Important Events

Events	Dates
CAT 2025 Application Dates for Admission [MBA]	Ongoing Aug 01, 2025 - Sep 13, 2025
CAT Registration	Ongoing Aug 01, 2025 - Sep 13, 2025
CAT Admit Card	Nov 05, 2025
CAT Exam Date	Tentative Nov 30, 2025

Expired Events

Events	Dates
Date to Offers Admission for Session 2025 [PGP]	May 15, 2025
Personal Interview Date for Admission 2025 [PGP]	Mar 17, 2025 - Apr 14, 2025
Calling Date for Personal Interview & Acceptance of Interview Consent Form for Admission 2025 [PGP]	Mar 05, 2025 - Mar 10, 2025

Important Events

Events	Dates
CAT 2025 Application Dates for Admission [MBA]	Ongoing Aug 01, 2025 - Sep 13, 2025

Expired Events

Events	Dates
Date to Offers Admission for Session 2025 [PGP]	May 15, 2025
Personal Interview Date for Admission 2025 [PGP]	Mar 17, 2025 - Apr 14, 2025
Calling Date for Personal Interview & Acceptance of Interview Consent Form for Admission 2025 [PGP]	Mar 05, 2025 - Mar 10, 2025

Events	Dates
CAT Registration	Ongoing Aug 01, 2025 - Sep 13, 2025
CAT Admit Card	Nov 05, 2025
CAT Exam Date	Tentative Nov 30, 2025

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IIM Visakhapatnam Master of Business Administration [MBA] Ranking

IIM Visakhapatnam MBA ranking by IIRF is 19 out of 100 in India in 2025 and it was ranked 24 out of 46 in India in 2024. IIM Visakhapatnam MBA ranking by Collegedunia.com is 45 out of 371 in India in 2025. IIM Visakhapatnam MBA ranking by NIRF is 26 out of 125 in India in 2024 and it was ranked 29 out of 125 in India in 2023

IIRF Ranking

#19 out of 100 in Top Public Colleges in India 2025

Collegedunia Ranking

#45 out of 371 in India 2025

#1st in Andhra Pradesh

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Why To Join IIM Visakhapatnam - Reviews & Rating

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Ronak Sureka

4.9Helpful

MBA, General

Reviewed on Jun 17, 2024(Enrolled 2023)

An IIM Experience

Likes

Holistic learning and practical learning about the course

Fees and Financial Aid:

Scholarship - All the government scholarship programs can be accessed and can be applied for, institute with different institutes and banks try to bring scholarships for all kinds of students. Financial Assistance - Institute have various assistance program and can be availed as per the criteria. Complete Cost - comes around 19 lacs for the complete program, this includes welfare expenses, food , hostel, academics, library and nothing as to be in name of maintenance everything is included with the fees There is Career Development Service office which deals with placement opportunities for students during the inetnship and final placements companies like Glodmann Sachs, KPMG, Delloite, ICICI Bank, IDFC Bank, GMR Group etc visit campus.

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Priyanshu pareek

4.5Helpful

MBA, General

Reviewed on Jun 17, 2024(Enrolled 2023)

Snapshot of IIM Visakhapatnam

Fees and Financial Aid:

The total fees of program comes around 19Lac for 2 years other than that there is a financial aid program in the college which provides scholarship to the need based student upto 25% of the fees coming onto placements they offered an wholesome placement opportunity with respect to summer as well as finals

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Ayush Agrawal

3.8Helpful

MBA, General

Reviewed on Jun 8, 2024(Enrolled 2022)

MBA journey at IIM Visakhapatnam

Likes

Academic excellence- IIM Visakhapatnam offers a comprehensive of challeneging curriculam that blends theoretical and practical knowledge.

Fees and Financial Aid:

Fees was around 17 lakh for 2 year course from 2022-24. It is getting increased every year by 8-10 %. Complete cost is around 20 lakh which includes hostel fees and your daily expenses for 2 years. Scholarship is also available. College itself provides scholarship from 10%- 50% on criteria of family requirements. Other scholarships are being provided by Govt. of India and state govts.

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Rishabh Bhatnagar

4.2Helpful

MBA, General

Reviewed on Apr 3, 2024(Enrolled 2023)

Live you dream in the city of Destiny!

Fees and Financial Aid:

The fee skeleton is provided in the very beginning upon registeration process of the Institue, upon receving the offer letter. The total cost is subjected to various factors, currently it was about INR 20 LPA, which can be self-financed or availed through loan. Once the course commences, scholarship opportunities are also floated for meritorious candidates which provide waiver upon successful confoirmation by the authorities. Govenement schemes are covered in it.

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Yash Karan

4.0Helpful

MBA, General

Reviewed on Apr 3, 2024(Enrolled 2023)

Sunrise IIM Vizag Review

Fees and Financial Aid:

The tuition fee always increases per year, there are multiple scholarship options available which are updated on the college email as well the total fee is around 18 lakhs for 2 years which included tuition, hostel, mess study material etc. you are not allowed to work on campuses, however there are various student run committees which you can be a part.

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JIGYASA HEMJI

3.8Helpful

MBA, General

Reviewed on Mar 6, 2024(Enrolled 2024)

Beyond expectations

Fees and Financial Aid:

Fee structure is distributed in trimesters each year before each trimester you need to pay the fee. We have 2.75 lakh fee Including mess and hostel fee. There are multiple opportunity to fund aid for your education like state governed Schemes, college governed scheme where the students need to present supported documents of the poverty level and followed by interview for the need.

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Jash Pancholi

4.1Helpful

MBA, General

Reviewed on Mar 6, 2024(Enrolled 2023)

About IIMV

Likes

Good course curriculum and classroom technology.

Dislikes

Hectic schedule of classes and other activities.

Fees and Financial Aid:

Tuition fees can be increased during the course. On an average it is increased 10% compared to last year. Complete education cost would be around approx. 22lakhs including personal expenses. There is IIMV financial aid program here and there are few banks wo are offering scholarships. One of the banks is IDFC.

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PRAGYA GOEL

4.5Helpful

MBA, General

Reviewed on Feb 23, 2024(Enrolled 2023)

MBA Marvels: A tale to tell

Dislikes

Some of the courses are given much more importance over others like Management Information System to Management Accounting. Both have their relevance but MIS granted more sessions over Management accounting doesn't seem relevant to me.

Fees and Financial Aid:

The fee structure is divided into two years as it is a two year program with each year further divided into 3 terms. Each term has a stipulated fee of Rs 293375 with additional cautional deposit of Rs 30000. The amount is a total of various factor expenses like Program Fee, Hostel & Mess Fee, Welfare Activities. The Program fee is Rs 268375 for each term with an additional Hostel & Mess Charge of 25000. As we progressed to the Term1, there was a hike in Hostel & Mess charges owing to the fact that IIM Vizag is still under construction with major portion of the already reduced budget allocated towards it. So in order to maintain the existing quality of food and Ac services, an additional charge of Rs 7500 was levied for each term. The total fee structure now stands at INR 19lac. However, the course offers scholarships in lieu of merit and financial assitance. A merit scholarship of INR 6lac is offered to batch topper in 2nd year and anybody with family income of below INR 5 lac is given

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ANURAG SONI

3.9Helpful

MBA, General

Reviewed on Feb 16, 2024(Enrolled 2023)

IIM Visakhapatnam Unveiled: Shaping future leaders.

Fees and Financial Aid:

The fee structure of IIMV is simple and can be divided into four heads namely Program Fees:- 260000 (approx) per trimester Advance mess and other charges:- around Rs.25000 per trimester. Student welfare activities:- Rs.20000 per trimester. Which sums up to a total of Rs.290000 per trimester. Additionally, tuition fees increase almost every year, although it is not compulsory, but generally, increase. It's worth noting that there are scholarships available for students for financial assistance. The first one is the "IIMV merit"-based scholarship which is a waiver of tuition fees for the second year based on the cumulative scores of the first year. It is awarded to the top two students of the first year. There is also "Financial Aid" awarded to eligible students who have an annual household income of a maximum of Rs. 500000. After fulfilling the eligibility criteria, a Personal Interview will take place, and based on that around 8% of students will get the benefit of this scheme.

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Mukul

4.9

MBA, General

Reviewed on Jul 26, 2023(Enrolled 2023)

Life @ Sunrise IIM (IIM V)

Student Snaps:

Fees and Financial Aid:

The fee structure is just like other IIMs. It's about 18L for 2 years. But no worry about high fees as one can easily get an educational loan by just showing the offer letter of the institution. There are many scholarship options including ML and DML.

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IIM Visakhapatnam: 2 Answered Questions

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

Anuj BhawsarMBA from Indian Institute of Management, Ahmedabad (Graduated 2020)

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?

Kedar Ravindra Kalokhe

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.

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