Course Duration
2 YearsTuition Fees
9.25 Lakhs1 Year Fees
9.25 LakhsTotal Fees
18.25 LakhsYear | 1 | 2 |
---|---|---|
Total Year Wise fees | ₹9.25 Lakhs | ₹9 Lakhs |
Total Fees | ₹925125 | ₹900125 |
Tuition fees | ₹925125 | ₹900125 |
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
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 |
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 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 |
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
Ranking Bodies | Year | Category |
---|---|---|
National Institutional Ranking Framework (NIRF) | 2023 | 29th in Management |
Indian Institutional Ranking Framework (IIRF) | 2024 | 24th in Management (Govt.) |
2023 | 29th in Management (Govt.) |
Read More IIM Visakhapatnam Ranking
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 |
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.
Highest Placement | ₹ 43.3 Lakhs |
Average Placement | ₹ 15.6 Lakhs |
Top Companies | ![]() ![]() ![]() ![]() ![]() ![]() |
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
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.
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.
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.
Such amazing mess facilities make it easy for the students to live a comfortable hostel life without missing homemade food much.
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.
So if your expectations are low regarding placements and facilities, IIM Visakhapatnam is the best new IIM you can go for.
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.
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 |
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
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.
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 |
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.
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.
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.