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IIMV - Indian Institute of Management, Visakhapatnam - Course & Fees Details

Visakhapatnam, Andhra Pradesh

Autonomous University

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Certification

Course Fees

Course Duration

2 Years

Tuition Fees

6 Lakhs

1 Year Fees

6 Lakhs

Total Fees

13.2 Lakhs

Detailed Fees

general

year	Tuition Fees	Total Fees
year 1	₹ 600000	₹ 6 Lakhs
year 2	₹ 720000	₹ 7.2 Lakhs

Course Details

Duration2 Years

Number of Seats-

Type of CourseFull Time

Mode of TeachingOn Campus

Placement

Highest Placement	₹ 43.3 Lakhs
Average Placement	₹ 15.6 Lakhs
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Ranking of IIMV - Indian Institute of Management

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Answered Questions

IIMV - Indian Institute of Management: 35 answered questions

What makes IIM Visakhapatnam hostels the best hostels?

Sonam Jain

24 Jan 23

Calling the IIM Vishakhapatnam’s hostel the best is literally not an understatement. It’s the world-class amenities combined with the serene surroundings that make it seem like a resort-like experience. One of my friends was a PGP student at Vizag and stayed at a beach-facing hostel. The sunrise and sunset views from the balcony and terrace make it seem like you are in a hotel and make your hostel life really peaceful and more home-like. Apart from the spectacular views, other major facilities are

The cleaning staff cleans the room and table and makes your bed every morning.
Every flat is given 2 kettles to boil milk or make Maggie
Every flat has a common area with a TV, sofas, and a refrigerator.
The rooms have basic furniture like a bed, mattress, study table, chairs, etc.
Everyone student is allotted a separate wardrobe
The food is served from a 3-star hotel and is one of the best you can get at a hostel. It caters to every taste bud.
The terrace has washing machines so that the students can do their laundry in an open area
Electrical appliances like AC and geysers make your summers and winters comfortable

Overall IIM Vizag has excellent hostel facilities and if you are depressed or stressed about your academics you can take a break by just sitting on the balcony and taking in the breathtaking view.

Are the six newest IIMs a good option? (i.e., IIM Nagpur, Vizag, Amritsar, Sirmaur, Bodhgaya, Sambalpur)

Ashmita Mukharjee

29 Apr 22

It depends on your profile. If you are a general category student with good academic records - more than 85 percent throughout 10th, 12th, and graduation, then old IIMs will be better.

If you aren’t getting the old IIMs, you can consider new IIMs like IIM Nagpur, Sambalpur, Vizag, Amritsar, Sirmaur, and Bodhgaya. Being part of any recently established institute is a different experience altogether. You will get to set the culture on campus which your juniors will inherit. These baby IIMs have decent placements. You will get placement opportunities through campus drive if you have a good academic record. Here are the average CTC statistics for these IIMs.

Institute	Average CTC
IIM Nagpur	INR 15.21 LPA
IIM Vizag	INR 15.06 LPA
IIM Amritsar	INR 14.63 LPA
IIM Sirmaur	INR 12.74 LPA
IIM Bodhgaya	INR 12.36 LPA
IIM Sambalpur	INR 12.64 LPA

If you are willing to work hard and want to take advantage of opportunities that come with newly established institutes, then you should join these new IIMs.

How is the mess food at IIM Visakhapatnam?

Sonam Jain

24 Jan 23

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?

Mayank Jain

16 Jan 23

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.

What should I choose between IIM Visakhapatnam and DoMS IIT Madras?

Jayant Thakur

13 Feb 23

At IIT Madras, you have the privilege of having taken a course in R&D Management at the Department of Management Studies (DOMS) at the institution. The course is renowned for its comprehensive curriculum that covers various aspects of R&D management, including product development, project management, and technology commercialization. The faculty is well-experienced and knowledgeable in their respective fields, and they are known to provide valuable insights and guidance to students. The DOMS at IIT Madras is well-equipped with state-of-the-art facilities and infrastructure, making it an ideal place to pursue management education.

IIM Visakhapatnam, on the other hand, is one of the new IIMs that was established in 2015. It offers the Post Graduate Program in Management (PGP), which is designed to provide students with a comprehensive understanding of the various functional areas of management, as well as the skills and knowledge required to become successful managers. IIMs have a well-established brand name in the field of management education and are known for their rigorous curriculum, highly-qualified faculty, and excellent placement record.

In conclusion, both IIT Madras and IIM Visakhapatnam are reputed institutions that offer quality management education. The choice between the two will ultimately depend on your personal and professional goals, as well as your preferences. You should consider factors such as curriculum, faculty, infrastructure, and location, among others, before making a decision. It is also recommended that you research both institutions in-depth and visit their campuses to get a better understanding of the learning environment and culture.

Which one is better, IIM Vizag vs IIM Amritsar?

Siddhant Deshmukh

19 Jan 23

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?

Swati Bhatia

17 Jan 23

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.

Can I be eligible for IIM Visakhapatnam with my academic records 10th 85%, 12th 92%, and graduation 62%?

Jason Jose

13 Feb 23

IIM Visakhapatnam, like most B-schools in India, sets minimum criteria for admission based on the percentage scored in 10th, 12th, and graduation. The criteria for admission at IIM Visakhapatnam are not as stringent as some of the older IIMs, and generally, a score of above 60% in 10th, 12th, and graduation would make one eligible for admission at the institute. However, it's important to note that the institute may have different requirements and cutoffs for different programs, and it's best to check the official website or contact the institute directly for the most up-to-date and accurate information on their admission criteria. Additionally, while meeting the minimum eligibility criteria is important, it is not the only factor that is considered during the admission process, other factors such as work experience, entrance exam scores, and personal interviews are also considered.

The CAT score, in addition to being a selection criterion, is also used to establish the minimum level of proficiency that is expected from the candidate in respective areas as indicated by section-wise minimum scores in the CAT.

The weightage for key components of the shortlisting criteria for IIM Visakhapatnam in 2022 is as follows:

Component	Weight in percentage on a scale of 100	Key Points to Note
CAT 2021 Percentile	50	Section-wise weight prescribed
Class 10 marks	10	90 & Above percentile
Class 12 marks	10	90 & Above percentile
Bachelors degree	10	Stream-wise weights
Diversity	10	Awarded to Female Candidates, transgenders & Non-Engineers
Work experience	10	Candidates with work ex from 1 year and below 3 years awarded the highest weight

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?

Krishna Prasad

24 Jan 23

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.

How does Prof. Jayasankar Ramanathan teach at IIM Visakhapatnam?

Parshant Arora

24 Jan 23

My sister was a student at IIM Visakhapatnam and always praised Prof. Jayasankar Ramanathan specifically. She used to say that although every teacher in IIMs is unique, this particular professor had the ability to grab the attention of the weakest minds. His pedagogy was like no other. Here are some highlights of his unique teaching methodology.

Right on the first day he will give you a question paper with basic questions related to your prior knowledge of marketing. He does the same on the last day and now you have to answer based on the knowledge you have acquired in 2 years. Then he gives you both the answer sheets and asks you to compare your answers. The drastic difference stems from the elaborate knowledge you have acquired in 2 years.
The topics are usually covered through case discussions
The students are selected for class discussions by drawing their roll numbers anonymously
He is amazing with drawing insights from numbers and tables
He prefers formal contact between students and himself via mail or prior appointments.
He focuses a lot on disciplinary conduct
He refuses to clear doubts in the middle of the class. You can jot them down and ask them the next day
He assigns extremely mind-boggling projects that require your entire attention
He gives more weightage to projects and ensures comprehensive evaluation.
He sometimes arranged some fun games that indirectly promote learning

The best part was that he used the same cards he used to draw names for class discussions and wrote best wishes in them and gave them to the students. All these unique methodologies made him everyone’s favorite.