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Indian Institute of Management - [IIMV], Visakhapatnam

Visakhapatnam, Andhra PradeshAutonomous University

What's New at IIM Visakhapatnam

IIM Visakhapatnam PGP online PI is scheduled is scheduled from April 6 – 25, 2023. Admission offers will be released in May, 1, 2023. EMAT is scheduled for April 22 and Interviews will be conducted on April 23. Phd admissions are currently open and last date to apply is April 20, 2023. IIM Visakhapatnam Placements 2023 has been concluded with the highest package of INR 32.65 LPA & the average package of INR 16.61 LPA. 

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 17.85 Lakhs. IIM Vizag has been ranked 29th  by NIRF 2023 among the other top B-schools in India. 

Chat with Experts & Aspirants, get exclusive insights: Join IIM Visakhapatnam Community

IIM Visakhapatnam MBA admission is based on CAT followed by a personal interview round. An overall CAT percentile of 80 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 2023 have been concluded. IIM Visakhapatnam's highest package stood at INR 32.65 LPA and IIM Visakhapatnam average package stood at INR 16.61 LPA.

IIM Visakhapatnam Highlights

Particulars Statistics
Established 2015
Accepted exams CAT, GRE, GMAT, GATE
Popular courses MBA, EMBA
Fees (MBA) INR 18.25 Lakhs
Ownership Public/Government, Autonomous
Total courses 4 courses across 1 stream
No. of faculty 35
Scholarship 7
Highest CTC Rs 32.65 LPA (2023)
Average CTC Rs 16.61 LPA (2023)

IIM Visakhapatnam

IIM Visakhapatnam Important Dates 2024

The table below represents the events and dates for Admission 2024:

PGP (MBA)
CAT 2023 Registration Starts August 02, 2023 
CAT 2023 Registration Closes September 20, 2023
CAT 2023 Admit Card Release October 25, 2023
CAT 2023 Exam Date November 26, 2023
Application Submission January 06 - March 06, 2024 (Tentative)
Call for Personal Interview March 31 - April 03, 2024 (Tentative)
Personal Interview (Online mode) April 06 - 25, 2024 (Tentative)
Final Admission offers May 12, 2024 (Tentative)
Read More
EMBA
Application Process Starts February 20, 2023
Application ProcessEnds April 16, 2023
EMAT April 22, 2023 (Tentative)
Interview April, 2023, 2023 (Tentative)
Result Declaration  April 28, 2023 (Tentative)
Read More

IIM Visakhapatnam Fees

IIM Visakhapatnam MBA fees is INR 17.85 Lakhs. Previous year, the Institute charged INR 15.04 Lakhs for the same.

Course Name Fees
PGP INR 17,85,250
PGPEx INR 10,80,000
EMBA INR 10,80,000

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: 356 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 Batch Profile 2022-24

IIM Visakhapatnam Admission 2024

IIM Visakhapatnam admission 2024 will start with the onset of CAT 2023 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.

Check: IIM Visakhapatnam detailed Admission

IIM Ahmedabad CAT Cut-off 2023

The overall CAT cut-off for IIM Visakhapatnam is 80, 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 80 70 70 70
EWS 72 63 63 63
NC-OBC 72 63 63 63
SC 45 40 40 40
ST 35 30 30 30
PwD 35 30 30 30

Check: IIM Visakhapatnam Cut-off

IIM Visakhapatnam Placements 2023

IIM Visakhapatnam Placements 2023 has been concluded with 100% placements. IIM Visakhapatnam average package increased by 10.29% at INR 16.61 LPA whereas IIM Visakhapatnam highest package stood at INR 32.65 LPA. 17% of the total number of students (193 students) received dual offers. The highest number of offers were made for the Product, Strategy & Consulting roles (25%). Recruiters like Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc participated in the placement drive. More highlights of IIM Visakhapatnam Placements 2023 are tabulated below:

Particulars Placements Statistics 2023
Number of Recruiters 141
Number of New Recruiters 95
Placement Percentage 100%
Highest Salary INR 32.65 LPA
Average Salary INR 16.61 LPA
Average Salary for Working Professionals INR 18.32 LPA
Top 10% Average Salary INR 29.03 LPA
Top 25% Average Salary INR 23.63 LPA
Top 50% Average Salary INR 20.24 LPA
Median Salary INR 16 LPA
Top Sector IT & Consulting (33%)
Top Recruiters Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc

The IIM Visakhapatnam placement report for the last 3 years is mentioned below:

Year Highest CTC Average CTC
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 2023 Management 29
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 2023 29 19 46
Batch Size 356 322 356
Campus Area 241 acres 200 acres  200 acres
City  Visakhapatnam  Kashipur Bhubaneswar 
MBA Fees INR 17,85,250 INR 17,30,000 INR 18,80,000
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  Consulting (32%) and Strategy (13%) IT (39%) and Finance (30%) Marketing (27%) and Finance (27%)
Highest CTC INR 32.65 LPA INR 37 LPA  INR 71.51 LPA
Average CTC INR 16.61 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 FAQs

 

Ques. How many students are offered admission after final shortlist by IIM Visakhapatnam?

Ans. IIM Visakhapatnam has increased the intake to 240 students to make a final admission offer for its MBA batch 2022-24. The present IIM Visakhapatnam 2021-23 batch size comprises 189 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 2023, the Highest CTC stood at INR 32.65 LPA and the Average CTC stood at INR 16.61 LPA. The median salary of MBA graduates at IIM Visakhapatnam remained INR 16 LPA. IIMV 2023 placements drive was attended by 141 recruiters where 95 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 80 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 2023, IIM Visakhapatnam has recorded 100% placements for its MBA batch with an average CTC of INR 16.61 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 many students are offered admission after final shortlist by IIM Visakhapatnam?

Ans. IIM Visakhapatnam has increased the intake to 240 students to make a final admission offer for its MBA batch 2022-24. The present IIM Visakhapatnam 2021-23 batch size comprises 189 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. Is IIM Visakhapatnam good for MBA?

Ans. IIM Visakhapatnam is good for MBA since it has been ranked 29 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 80, 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 2022 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 17,85,250. 

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 17,85,250 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.


Top Courses, Fees & Eligibility

Select degree :
MBAPG ProgramCertificationPh.DEMBA
Select stream :
ManagementArtsScience

1st Yr Fees

925,125
Duration2 Year(s)
Exams accepted
Application Date3 Jan - 23 May 2024
EligibilityGraduation with 50%
Cut off-Ranking# 29 by NIRF

Total Fees

1,650,000
Duration2 Year(s)
Exams accepted
Application Date3 Jan - 23 May 2024
EligibilityGraduation with 55% + CAT
Cut off-Ranking# 29 by NIRF

1st Yr Fees

600,000
Duration2 Year(s)
Exams accepted
No Exams Found

Application Date13 Feb - 27 Mar 2024
EligibilityGraduation
Cut off-RankingNo Ranking Found
Duration5 Year(s)
Exams accepted
No Exams Found

Application Date30 Jan - 21 Mar 2024
EligibilityPostgraduation with 55%
Cut off-Ranking# 29 by NIRF

1st Yr Fees

540,000
Duration2 Year(s)
Exams accepted
No Exams Found

Application Date1 Dec - 20 Apr 2024
EligibilityGraduation with 50%
Cut off-Ranking# 29 by NIRF


IIM Visakhapatnam Admission 2024 Dates

Important Events

EventDate

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IIM Visakhapatnam, Rating & Reviews

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College Faculty

Basic Information About Faculty

Prof. Aalok Kumar

Assistant Professor, Production & Operations Management Area.


Prof. Amit B Chakrabarti

Assistant Professor, Strategy


Prof. Amit Shankar

Assistant Professor, Marketing


Prof. Anupama Sharma

Assistant Professor, Organizational Behavior & Human Resource Management


Prof. B. Srirangacharyulu

Associate Professor, Production &Operations Management


Prof. Bhargab Chattopadhyay

Associate Professor, Decision Sciences


Prof. Chandreie Mukherjee

Professor, Management Communication

Prof. Kaveri Krishnan

Assistant Professor, Finance & Accounting


Placement

Find Placement Details about Indian Institute of Management - [IIMV] here.

companyAditya Birla Group testing root
companyAmazon
companyDirecti

College Ranking

Ranking of Indian Institute of Management - [IIMV]


In News

Catch All Media Coverage Of This College

IIM Admission 2023 Keeping a Check on the Waitlist Movement Trend Might Subdue your Anxiety Read How
Looking back on November, do you realise you should have revised more, or do you wonder what your parents would think about the final shortlist? Isn't it true that everything right now seems to be reminding you of the shortlist? The worst part is simply not knowing! And, to alleviate your morbid
IIM Visakhapatnam Important Dates
IIM Visakhapatnam application process for the PGP program begins in the month of September/October, and the entrance exam (CAT) is held in November. Shortlisted candidates are then called for a personal interview and the final selection is usually announced in April/May.   The following d
IIM Visakhapatnam MBA Summer Placement 2022 24
New Delhi: IIM Visakhapatnam has released the report of summer placement for the MBA batch of 2022-24. During the IIM Visakhapatnam Summer Placements 2022–24, the highest stipend awarded was INR 2.5 lakh for two months, while the average stipend was INR 80,000. As per IIM Visakhapatnam, a
IIM Visakhapatnam Launched EMBA Program Check Details Here
New Delhi: In technical partnership with TimesPro, India's top higher education technology platform, Indian Institute of Management Visakhapatnam has announced Executive Master of Business Administration (EMBA) for Working Professionals. The registrations for the same are ongoing. All the Intere

Contact details & location

Get contact details of Indian Institute of Management - [IIMV]

Andhra Bank School of Business Building, Andhra University Campus, India - 530003
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Answered Questions

Indian Institute of Management - [IIMV]: 35 answered questions

AM

Ashmita Mukharjee

29 Apr 22MBA at IIM Sambalpur

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. 


GG

Gopi Krishna Goyal

30 Jan 23Worked at IBM (company)

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.


PM

Palash Mitra

11 Feb 21Studied at Management Development Institute, Gurgaon (2020)

Though the CAT cut-offs vary every year, it is generally seen to have close proximity in consecutive years. Here are the data for 2020, along with sectional cut-offs, for every category.

2020 Cutoff:

Category

VARC (percentile)

LRDI (percentile)

QUANT (percentile)

Overall (percentile)

General

80

80

80

85

OBC-NCL

70

70

70

75

EWS

70

70

70

75

SC

50

50

50

55

ST

30

30

30

40

PWD

30

30

30

40

The cutoff depends on many parameters and not just only on the CAT score. For example, candidates from non-engineering backgrounds can have a lower cutoff score but still secure a seat due to the diversity point.

Every year, the final selection phase gets completed tentatively by April and the candidates get emails regarding the information and further communication. After being selected, candidates have to reconfirm their choice within a fixed amount of time, and only then they are further communicated and invited for the following rounds.


MS

How is IIM Visakhapatnam so far?

By Mohit Sarohi11 Feb 21
SY

Sonal Yadav

11 Feb 21MBA Marketing & Operations, Indian Institute of Management Visakhapatnam (2021)

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.


JK

Jatin Kumar

15 Feb 21Studied at Indian Institute of Management Visakhapatnam (2018)

IIM Visakhapatnam had a lot of help from IIM Bangalore for placements in the first few batches. A pool summer placement process was organized at Bangalore for the first three batches. This resulted in students interning at companies like Cloudtail and Directi. If you are lucky, you will find colleagues from colleges like IIM Ahmedabad, Bangalore, Calcutta, XLRI, and FMS.

The internship is a great opportunity for you and it will pose a strong point in job interviews. Moreover, my advice to you would be to network as much as possible. You will probably earn a 6 figure monthly stipend during the summer internship. Eventually, as students began to perform well and some of them at par with the top three IIMS (ABC), PPOs began loyally recruiting students from the college.

These job profiles are the same as those offered at IIM Bangalore. An example of this would be that of Bosch. It offers a Junior Manager’s program available only to premier campuses like IIM Bangalore, IIFT Delhi, etc. as seen on LinkedIn. It even has an international visit to Germany included.

Another major reason would be that this industry prefers students who have previously done summer internships. This PPO percentage was higher for the first two batches from IIM Visakhapatnam since most of the students were taught by IIM Bangalore professors. 

Here are some other statistics for placements at IIM Visakhapatnam:

  • Many IIM V students are at the consultant level at the Government of Andhra Pradesh.
  • The batch size of the first two years was only 50.
  • Since most of the students were taught by IIM B faculty, they have more knowledge and experience.
  • 18% of the students secured a PPO here, which is higher than any other second-generation IIM.

All these factors combined above have now ensured that IIM Visakhapatnam does better in placements than any other second-generation IIM. Currently, the highest CTC stands at INR 27 LPA and a minimum at INR 10 LPA. Companies like Yes Bank, Amul, and Crompton Greaves regularly visit the institute for placements.


UK

Uma Kashyap

11 Feb 21IIM Ahmedabad (2019)

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.


MP

Mohan Potdar

14 Mar 23MBA from International Management Institute (Graduated 2018)

 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.


YC

Yash Chandra

13 Feb 23IIM Trichy

Both SP Jain and IIM Kozhikode are considered to be reputable management institutes in India, and they have their own unique features and advantages.

SP Jain has a fixed domain system where students have to choose a specific domain like finance or marketing in the beginning, and they cannot change it later. On the other hand, IIM Kozhikode has a flexible curriculum where students take a common first-year curriculum and then choose relevant domain-specific subjects in the second year. This allows students to explore different areas of management before committing to a specific domain.

IIM Kozhikode has the advantage of the IIM brand name, which is considered to be one of the most prestigious in India. However, SP Jain has a more diverse student body as there is no reservation policy and the average placement package is higher than IIM Kozhikode.

IIM Vishakhapatnam, while being a newer IIM, is considered to be behind both SP Jain and IIM Kozhikode in terms of reputation and placements. Ultimately, the decision of which institute to choose depends on the individual student's preferences and career goals.


YV

Yashluv Virwani

13 Feb 23MBA from Indian Institute of Management Visakhapatnam

IIM Visakhapatnam offers clean and well-maintained hostel accommodation to its students. The rooms are provided on a twin-sharing basis and are of identical shape and size. Each room is equipped with two beds, two good-quality mattresses, two cupboards with a few hangers, two tables, two overhead racks, and a split AC. Bathrooms are attached to the rooms and are clean and spacious. The hostel is situated on the beach road and offers a beautiful view of the sea, adding to the overall experience of staying at the hostel.

The hostel is also equipped with amenities such as a refrigerator, kettles, a common room with a LED television and comfy sofa set, fully automated washing machines, clothes drying stands and ropes, high-speed internet, and newspapers. The domestic help comes to clean the rooms on a daily basis and takes care of additional tasks such as fixing bedsheets and folding clothes. The mess/dining area provides breakfast, lunch, evening snacks, and dinner options, both South Indian and North Indian.

The hostel also offers recreational facilities such as a TT table, pool table, and carom board, allowing students to make the most of their spare time. Overall, the institute treats its students like guests and takes great care to provide them with all the necessary amenities to make their stay comfortable.


AJ

Arshit Jain

13 Feb 23IIM Vishakhapatnam

IIM Kashipur and IIM Visakhapatnam both had strong placement records in 2022, with 150+ and 86+ recruiters respectively. The highest salary package offered at IIM Kashipur was INR 28.82 LPA, while the highest salary package offered at IIM Visakhapatnam was INR 31.60 LPA. Both institutes reported an increase in the average salary offered, with IIM Kashipur reporting an 8.256% increase and IIM Visakhapatnam reporting a 19.33% increase. Both institutes had a significant number of offers from major recruiters such as Amazon, Deloitte, HCL, etc. The highest number of recruiters came from the IT/ITES sector. The highest number of placements were made in the Consulting domain at IIM Visakhapatnam.

IIM Kashipur and IIM Visakhapatnam are both premier management institutes in India and have well-developed infrastructure. However, there may be some differences in terms of the facilities and amenities provided by the institutes. IIM Kashipur has a fully-equipped campus with state-of-the-art facilities. The campus has an auditorium, library, computer lab, sports facilities, and hostel accommodation for students. The institute also has an Entrepreneurship Development Cell (EDC) to promote and support the entrepreneurial spirit of students.

IIM Visakhapatnam also has a modern and well-equipped campus. The campus has a library, computer lab, sports facilities, and hostel accommodations for students. The institute also has an Entrepreneurship Development Cell (EDC) to promote and support the entrepreneurial spirit of students. The institute also has an incubation center and a Centre for Innovation, Entrepreneurship, and Incubation (CIEI) which provides a platform for students to develop and incubate their business ideas.

In conclusion, both IIM Kashipur and IIM Visakhapatnam have a well-equipped infrastructure with state-of-the-art facilities and amenities to support the academic and co-curricular activities of students. However, IIM Visakhapatnam may have an additional center for innovation, Entrepreneurship, and Incubation to support students who have business ideas. It's recommended to visit the campuses or check the institutes' websites for more information about the infrastructure and facilities.


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