For those students who are looking for information regarding IIM Visakhapatnam, we have covered all the information regarding IIM Visakhapatnam in this overview, from its highlights to its highest placement, facilities, etc.
The deadline for applications to the IIM Visakhapatnam PGPMCI is November 24, 2023. Admission is already open. The CAT 2023 Admit Card will be accessible on November 7, 2023, and the exam date is scheduled for November 26, 2023. The results of IIM Visakhapatnam Placements 2023 show that the average package was INR 16.61 LPA, while the highest package was INR 32.65 LPA.
One of the newest IIMs is the IIM Visakhapatnam which was founded in 2015. IIM Bangalore serves as a guardian for IIM Vizag. The MBA tuition is INR 17.85 lakhs at IIM Visakhapatnam. NIRF 2023 has IIM Vizag placed 29th out of all the other top B-schools in India.
The MBA admissions process at IIM Visakhapatnam begins with a CAT and ends with a round of personal interviews. Candidates who want to be selected for IIM Visakhapatnam must have a sectional percentile of 70 and an overall CAT score of 80. There are factors including professional experience, gender diversity, and academic credentials are taken into consideration before making the final decision. The IIM Visakhapatnam placements for 2023 are now complete. The highest package offered to IIM Visakhapatnam was INR 32.65 LPA, while the average package was INR 16.61 LPA.
The main objective of IIM Visakhapatnam is to achieve international standards of excellence in management research, management, and related fields of study; in the process, it will further the inclusive, equitable, and sustainable national development goals that are outlined in the Act's Objects.
Providing great institutional, intellectual, and physical resources to enable excellent teaching-learning practices and research culture is a primary priority at IIM Visakhapatnam. Thanks to a lively and talented student body that hails from more than 20 states nationwide and a founding faculty team with exceptional teaching and research credentials, the Institute has quickly gained a strong reputation within the IIM community.
Here are some highlights of IIM Visakhapatnam. Below applying for IIM Visakhapatnam, you should check these highlights to get information about the institution in brief.
|Popular courses||MBA, EMBA|
|Accepted exams||CAT, GRE, GMAT, GATE|
|Fees (MBA)||INR 18.25 Lakhs|
|Total courses||4 courses across 1 stream|
|No. of faculty||35|
|Highest CTC||Rs 32.65 LPA (2023)|
|Average CTC||Rs 16.61 LPA (2023)|
|CAT 2023 Registration Closes||September 20, 2023|
|CAT 2023 Registration Starts||August 02, 2023|
|Admit Card Release date of CAT 2023||November 7, 2023|
|Submission of Application||January 06 - March 06, 2024 (Tentative)|
|Exam Date for CAT 2023||November 26, 2023|
|PI (Online mode)||April 06 - 25, 2024 (Tentative)|
|Call for PI||March 31 - April 03, 2024 (Tentative)|
|Admission offers for the final||May 12, 2024 (Tentative)|
|Application Process End date||April 16, 2023|
|Application Process Start date||February 20, 2023|
|Interview||April, 2023, 2023 (Tentative)|
|EMAT||April 22, 2023 (Tentative)|
|Result Declaration||April 28, 2023 (Tentative)|
For you all, we have also provided you with information about IIM Visakhapatnam courses and fees. In the next paragraph, we have given information about the courses provided by IIM Visakhapatnam and their fees.
The postgraduate and doctorate programs offered by the institute total four courses. IIM Visakhapatnam offers postgraduate programs in M.B.A, PGPEx, and PGPM in addition to Ph.D doctorate studies. Courses at IIM Visakhapatnam are exclusively available full-time. The General Management and Digital Governance sections of the Indian Institute of Management Visakhapatnam provide courses.
The IIM Visakhapatnam entrance requirements state that the cutoff for each category is the same. The CAT overall percentile, diversity, job experience, and academic record are all factors in the IIM Visakhapatnam admissions process, and these are the foundations upon which the final merit list is created. About 120 seats will be available for the management program at IIM Visakhapatnam.
The following are some of the courses that IIM Visakhapatnam offers
|PGPEx||Eligibility: three years of work experience and a bachelor's degree with a 55% gradeChoosing Requirements: IIMV Test, CAT, GMAT, GRE, and PI|
|EMBA||Eligibility: Three years of work experience and a bachelor's degree with 50% of the possible points.Selection Standards: Personal Interview and EMAT|
|PGP||Intake: 356 Eligibility: 50% on a bachelor's degreeSelection Requirements: Personal Interview + CAT|
The MBA tuition at IIM Visakhapatnam is INR 17.85 lakhs. The Institute charged INR 15.04 Lakhs for the same last year.
For your convenience, we have provided you the admission process of IIM Visakhapatnam and we also provided the details in table and steps.
Registrations for CAT 2023 will begin, and IIM Visakhapatnam admissions for 2024 will begin then. Based on their CAT percentile, those who took the exam and indicated that IIM Visakhapatnam was one of their top choices will be shortlisted.
The CAT and GMAT are two assessments that determine admission to IIM Visakhapatnam. Those who haven't taken these tests yet can still show up for exams administered by the institute, such as the EMAT and IIMV tests. Ph.D., MBA, and MBA for Working Professionals programs are available at IIM Visakhapatnam. Admission to the MBA program at IIM Visakhapatnam requires a score of at least 80 percentile on the overall CAT and 70 percentile on the sectional exam. The final selection takes into account additional factors such the gender diversity, professional experience, academic achievement, and personal interview.
|Registration for CAT||It is required of candidates to fill out the CAT registration form and designate IIM Visakhapatnam as their chosen college.|
|CAT Exam||Attend the CAT exam because the initial shortlisting will be based on CAT percentiles.|
|Apply to IIMV||Those who made it past the CAT cut-off will be required to apply online at the IIMV website for the PGP program.|
|Shortlist for PI||On the basis of their CAT Percentiles, educational background, professional experience, and gender diversity, the candidates will now be narrowed down for in-person interviews.|
|PI Round||The individuals who made the shortlist must show up for an in-person interview.|
|Final Selection||Candidates' performance on the CAT exam, in-person interviews, educational background, professional experience, and gender diversity will all play a role in the ultimate decision.|
The Ministry of Tribal Affairs, in collaboration with the Government of India, provides financial help to Scheduled Tribe students (PGP first year). The scholarship usually covers the entire cost of tuition.
Scholarship Details: National Scholarship for Higher Education for Scheduled Tribe Students
The Government of India's Ministry of Social Justice and Empowerment works hard to provide financial assistance to meritorious SC students (PGP first-year). The scholarship is a means scholarship that pays all tuition costs.
Scholarship Details: National Scholarship for Scheduled Caste Higher Education.
A person with a disability of at least 40% and a disability certificate issued by any competent medical authority is eligible for this financial assistance. This is a modest scholarship worth INR 2.55,000 per year.
This prize is given to impoverished and deserving students from minority communities who have received at least 50% or an equal grade in their previous final examination. Furthermore, their parents/guardians' annual income from all sources does not exceed INR 2.50 lakh.
Aside from the scholarships mentioned above, students may also apply for scholarships granted by other government agencies. IIM Visakhapatnam encourages students to apply for merit-based scholarships from the state and federal governments, as well as private organizations.
Students can also research scholarships on the official NSP portal, https://scholarships.gov.in/, and apply based on the eligibility criteria of the specific scheme.
Students must clear the CAT CutOff in order to be considered for a shortlist for the IIM Visakhapatnam final admissions procedure. For that, we have provided a cutoff of the IIM Visakhapatnam category-wise and section-wise.
For the general category, the IIM Visakhapatnam CAT Cutoff for 2023 is the 80 percentile. The CAT score, academic standing, employment history, and diversity aspect are taken into consideration while choosing candidates. The minimal CAT 2022 cutoff must be met by candidates in order to be included in the Personal Interview (PI) shortlist. The dates of the IIM Visakhapatnam Personal Interview are set for April 3, 2023, to April 25, 2023. For the 2023–25 batch, there won't be a Written Ability Test (WAT).
Candidates are shortlisted for IIM Visakhapatnam admission in the first round based on their minimal section-wise and overall CAT percentile scores.
The IIM Visakhapatnam CAT cutoff needed for the various categories is shown in the table below
Everyone looks at universities placement before enrolling in a college. Before you visit IIM Visakhapatnam, take a look at the placements below.
In just six years, IIM Visakhapatnam has placed more students than ever before. In an effort to provide students with the finest employment and internship options, the college engages with over 50 recruiters annually. The career development services (CDS) department of the Indian Institute of Management Visakhapatnam oversees the placement process. Before the pupils present for the placements, the authorities make sure they receive adequate training. OPPO, Amazon, Reliance, Amul, Yes Bank, and many more are among the major employers at IIM Visakhapatnam.
Placements at IIM Visakhapatnam 2023 are now complete, with 100% of students placed. The highest package at IIM Visakhapatnam was INR 32.65 LPA, while the average package climbed by 10.29% to INR 16.61 LPA. 193 students, or 17% of the total, were offered two offers. 25% of the offers went to the positions in product, strategy, and consulting. The placement drive featured recruiters from companies like Asian Paints, Amazon, Deloitte, Adani Group, and Cognizant, among others.
|Particulars||Placement of the year 2022||Placement of the year 2023|
|Number of New Recruiters||49||95|
|Number of Recruiters||86+||141|
|Highest Salary||INR 31.60 LPA||INR 32.65 LPA|
|Average Salary||INR 15.06 LPA||INR 16.61 LPA|
|Average Salary for Working Professionals||-||INR 18.32 LPA|
|Top 50% Average Salary||INR 17.82 LPA||INR 20.24 LPA|
|Top 25% Average Salary||INR 19.39 LPA||INR 23.63 LPA|
|Top 10% Average Salary||INR 20.67 LPA||INR 29.03 LPA|
|Median Salary||INR 15.46 LPA||INR 16 LPA|
|Top Sector||IT/ITES, BFSI||IT & Consulting (33%)|
|Top Recruiters||HCL, HDFC Bank, Amazon, BYJU’s, etc||Adani Group, Cognizant, Amazon, etc|
|Year||Average CTC||Highest CTC|
|2020||INR 13.08 LPA||INR 27 LPA|
|2021||INR 12.62 LPA||INR 20.82 LPA|
|2022||INR 15.06 LPA||INR 31.60 LPA|
Management Institute of India One of the top management schools in the nation, Visakhapatnam provides top-notch instruction to develop tomorrow's business leaders. In order for the students to fulfill this demand and grow into well-rounded individuals, the institute must offer both first-rate academic facilities and related non-academic infrastructure. The resources offered by IIM Visakhapatnam aid in the overall growth of students. The well-designed and arranged dorms, emergency care and health support centers, lecture halls with enough seating, classrooms equipped with modern technology like projectors, and sports arenas for the holistic development of students are just a few of the amenities available at IIM Visakhapatnam. The library, cafeteria, computer facilities, and many more amenities are available at IIM Visakhapatnam.
1. Health/Hospital: Medical support is available to all students and other campus members at IIM Visakhapatnam. A medical officer, nurse, and counselor are always available to help at the medical center. For that specific academic year, the students might obtain an insurance policy for the same. Students who are having trouble adjusting can also speak with the counselor at the medical support center.
2. Library: Both Indian and foreign study materials are part of the extensive collection housed in the Indian Institute of Management Visakhapatnam Central Library. The library contains both a traditional and digital collection, with 12,000 e-books, 2798 e-journals, 38 printed books and magazines, 10 printed newspapers, 1959 printed books, and subscriptions to four online newspapers.
3. Sports: Students at the Indian Institute of Management Visakhapatnam have access to both indoor and outdoor sports facilities. Students can also use the indoor sports rooms in the dorms.
4. Classrooms: In order to facilitate seamless teaching, the Indian Institute of Management Visakhapatnam has LCD projectors and speakers installed in each of its classrooms.
5. Café: The cafeteria on campus at the Indian Institute of Management Visakhapatnam provides students with a hygienic and delectable meal option.
6. Boys Hostel: The hostel offers separate amenities for men and women. Every hostel area has wifi and all the facilities that students could need for a comfortable living space.
7. Girls Hostel: The hostel has separate amenities for men and women. Every hostel area has wifi and all the facilities that students could need for a comfortable living space.
In the Chinna Waltair district of Andhra Pradesh is the Indian Institute of Management Visakhapatnam. The college has access to highways, trains, and aircraft. The Visakhapatnam International Airport, which is located 13.8 kilometers from the campus, is the closest airport. At around 4.4 kilometers, the Visakhapatnam Junction Railway Station is the nearest train station to the IIM Visakhapatnam. Chinna Waltair Bus Stop, which is about one kilometer away, is the bus stop nearest to the campus. To get to the university, students can go by bus, taxi, or car.
Candidates who get a good cutoff in the CAT exam are eligible and are shortlisted for the PI round but before that, they must clear the CAT exam. For your better understanding, we have provided you with the IIM Visakhapatnam cutoff. According to category and section-wise.
NIRF and IIRF have ranked IIM Visakhapatnam as one of the best B-schools. The rankings given by both organizations are listed below:
|IIRF||2023||Top Govt. B-School||27|
The official website of IIM Visakhapatnam releases the CAT 2023 Cutoff and admission requirements for the batch of 2024–2026. For the GN category, the overall qualifying CAT 2023 Cutoff percentile is 80; for EWS and NC-OBC, it is 72; for SC, it is 45; and for ST candidates, it is 35.
Three steps make up the IIMV Admission Process
Below is a mention of the IIM Visakhapatnam placement report for the previous three years of the average package
|Year||Average CTC||Highest CTC|
|2020||INR 13.08 LPA||INR 27 LPA|
|2021||INR 12.62 LPA||INR 20.82 LPA|
|2022||INR 15.06 LPA||INR 31.60 LPA|
The purpose of the two-year, full-time, residential Post Graduate Programme (MBA) is to prepare students for leadership roles in a world that is changing quickly.
The program provides students with an understanding of the workings of the business world and establishes the groundwork for conceptual and analytical reasoning. Students participate in three terms per year and complete a summer internship upon completion of their first year. The educational experience is further enhanced by guest lectures given by distinguished academics, businesspeople, and celebrities.
Lectures, class discussions, case studies, individual and group projects, term papers, role plays, business games, and other methods are used to present and assess courses.
The 'core courses introduce first-year students to foundational ideas in the fields of behavioral sciences, economics, finance & accounting, marketing, operations, quantitative methods & information systems, public policy, strategy, and communications. The goal of these required courses is to build problem-solving abilities and lay the groundwork for all functional areas of management.
A student must complete nine optional credits and forty-one core credits in their first year of study.
Students can select courses from a list of electives in addition to core courses, giving them the opportunity to gain in-depth information. The application of knowledge acquired through projects, group activities, and case discussions is given more weight.
The first year of IIMV offers the chance to choose electives in Term 3. It is mandatory for students to complete at least 45 optional credits in their second year of study.
Ans. IIM Bangalore is providing mentorship to IIM Visakhapatnam, a junior IIM. IIM Visakhapatnam has close ties to the business community, and both its teachers and students frequently engage with business executives.
Ans. One of the newer IIMs, IIM Visakhapatnam was founded in 2015. IIM Bangalore serves as a mentor for IIM Vizag. The MBA tuition at IIM Visakhapatnam is INR 17.85 lakhs. NIRF 2023 placed IIM Vizag 29th out of India's other top B-schools.
Ans. It's among the top baby IIMs in the nation. The batch's placement record is 100%; every student was assigned to a reputable organization with competitive compensation. The Institute's lowest package cost around 13 lakhs, while its most expensive package exceeded 20 lakhs.
Ans. Possessing an incubator with among the nation's quickest rates of growth. The ministries of the GoI, as well as reputable public and private sector organizations, are nationally recognizing and sponsoring entrepreneurship development projects, which are dedicated to fostering and advancing companies.
Ans. Placements at IIM Visakhapatnam 2023: Lowest Package: INR 32.65 LPA, Highest Package: INR 16.61 LPA. Placements at IIM Visakhapatnam 2023 are now complete, with 100% of students placed. The highest package at IIM Visakhapatnam was INR 32.65 LPA, while the average package climbed by 10.29% to INR 16.61 LPA.
Ans. However, IIM Jammu was founded in 2016 while the remaining six IIMs—IIM Visakhapatnam, IIM Nagpur, IIM Amritsar, IIM Bodhgaya, IIM Sambalpur, and IIM Sirmaur—were founded in 2015. These IIMs are referred to as Baby IIMs or tier-3 IIMs.
Ans. IIM Vizag evaluates individuals' fitness for the PGP program based on a number of factors, including their academic standing on the 10th, 12th, and bachelor's degree exams as well as their CAT results. Any relevant work experience is also taken into consideration while making the selection.
Ans. The official website of IIM Visakhapatnam releases the CAT 2023 Cutoff and admission requirements for the batch of 2024–2026. For the GN category, the overall qualifying CAT 2023 Cutoff percentile is 80; for EWS and NC-OBC, it is 72; for SC, it is 45; and for ST candidates, it is 35.
Ans. A top business school in India, the Indian Institute of Management Visakhapatnam (IIM Visakhapatnam) provides a demanding academic program with an emphasis on real-world applications. IIM Visakhapatnam offers a blend of social contacts, recreational activities, and academic endeavors for its students.
Ans. The MBA tuition at IIM Visakhapatnam is INR 17.85 lakhs. The Institute charged INR 15.04 Lakhs for the same last year.
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