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 29th by NIRF 2023 among the top management institutes in India. Even after being a new-generation IIM, IIM Visakhapatnam has made a place for itself with its excellent faculty and placements.
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.