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IIM Visakhapatnam: Indian Institute of Management Visakhapatnam Frequently Asked Questions

  • Visakhapatnam, Andhra Pradesh
  • NIRF Ranking for Management 33


Saurav Anand
17/03/2023

Q. What is the highest package of IIM Vizag?

Ans. Placements at IIM Visakhapatnam 2023: INR 16.61 LPA for the highest package, and INR 32.65 LPA for the lowest. All students have been placed at IIM Visakhapatnam 2023; 100% of students have been placed thus far. The average package at IIM Visakhapatnam increased by 10.29% to INR 16.61 LPA, while the maximum package was INR 32.65 LPA.

Q. Is IIM Visakhapatnam a baby IIM?

Ans. The other six IIMs, namely IIM Visakhapatnam, IIM Nagpur, IIM Amritsar, IIM Bodhgaya, IIM Sambalpur, and IIM Sirmaur, were established in 2015, with the exception of IIM Jammu, which was established in 2016. These IIMs are known as tier-3 IIMs or Baby IIMs.

Q. How can I get a seat in IIM Vizag?

Ans. IIM V analyzes a candidate's suitability for the PGP program based on several criteria, such as their CAT scores and academic standing on the 10th, 12th, and bachelor's degree exams. When choosing, any relevant work experience is also taken into account.

Q. What is the cat cutoff for IIM Visakhapatnam?

Ans. The CAT 2023 Cutoff and admissions criteria for the 2024–2026 batch are released on the official website of IIM Visakhapatnam. The total qualifying CAT 2023 Cutoff percentile is 80 for the GN category, 72 for EWS and NC-OBC, 45 for SC, and 35 for ST candidates.

CategoryDILRVARCQAOverall
General70707080
EWS63636372
NC-OBC63636372
SC40404045
ST30303035
PwD30303035

Q. What is the fees at IIM Visakhapatnam?

Ans. IIM Visakhapatnam charges INR 17.85 lakhs for MBA tuition. The same was charged by the Institute last year for INR 15.04 lakhs.

CoursesAmount
PGPExINR 10,80,000
EMBAINR 10,80,000
PGPINR 17,85,250

Q. How can I get a seat in IIM Visakhapatnam?

Ans. IIM Visakhapatnam takes candidates by determining different factors of criteria, such as their CAT scores and their academic standing on the 10th, 12th, and bachelor's degree exams. When choosing, any relevant work experience is also taken into account.

Q. What is the last date to apply for IIM Visakhapatnam?

Ans. IIM Visakhapatnam PGPMC's deadline for applying is November 24, 2023. The doors are already open. The exam date is on for November 26, 2023, and the CAT 2023 Admit Card will be available on November 7, 2023. Exams like the CAT and GMAT determine admission to IIM V.

Q. Is IIM there in Vizag?

Ans. IIM Visakhapatnam, a junior IIM, receives mentoring from IIM Bangalore. IIM Visakhapatnam has strong connections with the corporate world, and its faculty and students regularly interact with executives from the industry.

Q. What is the last date to apply for IIM Visakhapatnam for MBA?

Ans. In addition to filling out the CAT form, candidates must apply to IIM Visakhapatnam. To be eligible for an interview, individuals who make the shortlist must reapply to IIM Visakhapatnam by March 6, 2023.

Q. Which is better IIM Nagpur or IIM Vizag?

Ans. IIM Visakhapatnam is not better than IIM Nagpur, but it is comparable. There are plenty of reasons why people would rather it than Nagpur. It's the greatest IIM among the most recent ones. IIM Visakhapatnam's impressive development and placement statistics serve as evidence of this.

Q. Can I get into IIM without the CAT exam?

Ans. No, to be admitted to IIM Visakhapatnam, one must take the CAT. While IIM Visakhapatnam only takes CAT results for MBA admissions, other IIMs also accept GMAT marks.

Q. What is IIM Vizag famous for?

Ans. Their startup is growing at one of the fastest rates in the country. The GoI ministries and respectable public and private sector organizations are recognizing and supporting entrepreneurship development programs across the country, which are aimed at advancing and nurturing businesses.

Q. Why should I choose IIM Visakhapatnam?

Ans. By March 2023, the Institute wants to be net-zero in terms of energy, water, and emissions of carbon. Famous alumni from IIMs, IITs, and other prestigious colleges in India and abroad make up the faculty at IIM Visakhapatnam. They have excellent academic and research records.

Q. Is IIM Visakhapatnam good for MBA?

Ans. IIM Visakhapatnam, one of the more recent IIMs, was established in 2015. IIM Vizag receives mentoring from IIM Bangalore. IIM Visakhapatnam charges INR 17.85 lakhs for MBA tuition. IIM Vizag was ranked 29th out of the other best B-schools in India by NIRF 2023.

Q. Which branch of MBA is best in IIM?

Ans. The world needs more specialist MBAs, even though marketing and finance offer the greatest prospects and are in the highest demand. There are several different branches available for an MBA. You are free to select the one that stimulates your curiosity. Making your decision early can help you customize your resume for it.

Q. What is the CAT cut off for IIM Vizag?

Ans. The final CAT cutoff for IIM Visakhapatnam in 2024 is expected to be between 92 and 94 based on patterns from the previous year. For students in the General category, the anticipated qualifying CAT cutoff in 2024 is 80.

Q. Is it hard to get into IIM Visakhapatnam?

Ans. It is not tough to get into IIM Visakhapatnam provided enough preparation is done ahead of time. Admission to IIMs and other top management schools requires passing the extremely tough CAT exam.

Q. What are the category-wise cutoffs of IIM Visakhapatnam?

Ans. The IIM Visakhapatnam CAT cutoff required for each category is displayed in the table below:

CategoryDILRVARCQAOverall
General70707080
EWS63636372
NC-OBC63636372
SC40404045
ST30303035
PwD30303035

Q. Can I get IIM with 98 percentile in CAT?

Ans. It is a given that candidates with a CAT percentile of 98+ will hear from IIMs. Students can apply here for admission to the B-Schools of their choice, including Indore, Bangalore, Kozhikode, Ahmedabad, Calcutta, Shillong, and IIM Lucknow. One can also apply to IIT Delhi, DMS, and FMS Delhi in addition to IIMs.

Q. Can I get IIM with 80 percentile?

Ans. Absolutely, yes! Although it is quite tough to get into IIMs with an 85 percentile, many other excellent colleges offer MBA/PGDM programs to those with such a score.

Q. Can I get IIM with 97%?

Ans. With just 97+, it will be very difficult to get into the top 6 IIMs (assuming that you are from the general group). Strive for the highest possible score. You need to score at least 99+ percentile for others and close to 99.8+ percentile for IIM ABC to give you a call.

Q. How difficult is CAT?

Ans. The study indicates that the CAT's overall difficulty level is moderate. However, it will be simple for you to finish the syllabus first if you start your preparation early. Having a well-thought-out plan is also necessary to pass the CAT.

Q. Is 97 percentile good in CAT?

Ans. The Faculty of Management Studies, University of Delhi, or FMS Delhi, is a renowned MBA college that normally accepts candidates with CAT scores in the 97–98 percentile.

Q. How do you get 99.99 percentile in CAT?

Ans. To reach a total percentile of 99, you must score at least 85 percentile in any two categories and 99 percentile in the last component. Put otherwise, aim for 45–50% in one or both of the areas and 55–60% in the remaining area.

Q. Does IIM ask for 12 percentage?

Ans. Simply said, it makes it simpler for a student with a higher percentage to be admitted; there is no requirement in and of itself. You need to do well on your 10th and 12th exams in order to be admitted to IIM-A. That implies that eighty to ninety percent is needed.

Q. Is life in IIM hard?

Ans.  From high-paying packages to overseas study vacations, IIM has it all. However, things are not so easy at IIM. There is a price for everything in our world, and IIM is no different. You have to put forth a lot of effort to succeed and outperform the competition even after being admitted to an IIM.

Q. Is there a negative marking in CAT? 

Ans.  Candidates answering the CAT exam should proceed with caution because each incorrect response will result in a -1 negative mark.

Q. What is the highest placement in IIM Visakhapatnam?

Ans. All students have been placed at IIM Visakhapatnam 2023; 100% of students have been placed thus far. The average package at IIM Visakhapatnam increased by 10.29% to INR 16.61 LPA, while the maximum package was INR 32.65 LPA.

Q. Is IIM Visakhapatnam worth joining?

Ans. It's one of the best baby IIMs in the country. The placement record of the batch is 100%; each student got placed with a respectable company offering competitive pay. The Institute offered packages ranging from over 20 lakhs to over 13 lakhs, with the most inexpensive being over 20 lakhs.

Q. What is the average salary in IIM Visakhapatnam?

Ans. Report on Placements at IIM Visakhapatnam in 2023

IIM Visakhapatnam Placement YearAverage Salary (Rs. In lakhs)Highest Salary (Rs. In lakhs)
IIMV Placement 201812.07--
IIMV Placement 201912.6122.00
IIMV Placement 202013.0827.00
IIMV Placement 202112.6220.82
IIMV Placement 202214.6023.50
IIMV Placement 202315.4732.00

Q. Is IIM Vizag good or bad?

Ans. IIM Visakhapatnam, ranked 29th by NIRF 2023, is one of India's top management schools, making it an excellent option for an MBA.

Q. How many recruiters visited the campus during IIM Visakhapatnam Placements 2023?

Ans. For the 2023 IIM Visakhapatnam Placements, about 141 recruiters visited the campus.

Q. What was the highest stipend received during IIM Visakhapatnam Summer Internship Placements 2024?

Ans. IIM Visakhapatnam Summer Internship Placements 2024 gave a maximum monthly pay of INR 2.50 Lakhs.

Q. What was the average stipend received during IIM Visakhapatnam Summer Internship Placements 2024?

Ans. The average stipend received during IIM Visakhapatnam for summer internship in 2024 was INR 79 K.

Q. Which recruiters participated during IIM Visakhapatnam Placements 2023?

Ans. Recruiters who participated in IIM Visakhapatnam Placements are from Amazon, HDFC Bank, and other businesses.

Q. How is life at IIM Visakhapatnam?

Ans. A renowned 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 academic pursuits, extracurricular activities, and social contacts for its students.

Q. Is it hard to get into IIM Vizag?

Ans. As long as the proper preparation is done beforehand, getting into IIM Visakhapatnam is not tough. In order to gain admission to IIMs and other prestigious management schools, candidates need to clear the extremely tough CAT exam.

Q. What is special about IIM Visakhapatnam?

Ans. Possessing an incubator growing at one of the fastest speeds in the country. The GoI ministries and respectable public and private sector organizations are recognizing and supporting entrepreneurship development programs across the country, which are aimed at advancing and nurturing businesses.

Q. Which IIM has the most girls?

Ans. The 2020 IIM Rohtak cohort is composed of almost 50% female applicants. This is higher than the majority of Indian business schools. Diversity is a major priority at IIM Rohtak. This encompasses not just gender but also the domains of academia and the workplace.

Q. Why is it called baby IIM?

Ans. Nine more third-generation IIMs were established by the government after 2011, with the aim of drawing talent from India and broadening the scope of management education, making up the 20 IIMs. We refer to the nine IIMs that were formed recently as "baby IIMs." They are listed below.

Q. Does IIM give preference to girls?

Ans. Gender is taken into consideration throughout the selection process at IIMs. The institute offers special consideration to female applicants. During the interview shortlisting process, they award extra points to female candidates based on a criterion known as the gender diversity factor.

Q. What is the dress code for IIM females?

Ans. The following is the dress code for IIM Ahmedabad: Interviews and business gatherings require you to wear business attire. This calls for donning a jacket, tie, slacks, and a suit. If you're going to other places com-related events, you should wear business casual, which means formal pants and a shirt.

Q. Does IIM have AC?

Ans. IIM Hostels provides a variety of rooms, most of which are fully air-conditioned, for the comfort of students. On the campuses in Noida and Lucknow, every guestroom has complete air conditioning.

Q. Is the IIM hostel strict?

Ans. Following stringent rules is one of them. Another is interacting closely with a diverse group of pupils from various backgrounds and learning about them. Making one feel as comfortable as possible in this foreign culture is the aim of IIM Calcutta.

Q. How many holidays does IIM have?

Ans. With the exception of a week-long Durga Puja break that usually takes place in October and national holidays like Independence Day, Gandhi Jayanti, and Republic Day, the academic year at IIM Calcutta consists of three trimesters.

Q. Do IIM hostels have attached washroom?

Ans.  The rooms are equipped with beds, mattresses, study tables, chairs, and cabinets. The mess is inside the hostel building. Each hostel wing has its own separate location for washing machines and water coolers.

Q. Do we get single rooms in IIM?

Ans. The institution provides separate living areas for men and women in addition to individual rooms with associated bathrooms for each student.

Q. Can I get 100% scholarship for MBA in IIM?

Ans. Based on the weighted average of these two scores, candidates receive financial aid at 100%, 80%, 60%, 40%, or 20%. 

Q. Which IIM has the lowest fees?

Ans. IIM Bodhgaya has the lowest MBA tuition. The current price is INR 15.50 lakh. At IIM Bodhgaya, MBA tuition can be paid in installments, and there are loan and scholarship alternatives available.

Q. What are the important documents required for applying for IIM Visakhapatnam Scholarships? 

Ans. The following paperwork is needed in order to submit an application to IIM Visakhapatnam for financial assistance:

  • Income Disclosure
  • In the two years prior, IT Returns
  • Household savings documents: Include all investments and savings for each individual and family member, including term deposits, PPFs, bank savings accounts, certificates of savings, bonds, mutual funds, stocks, and so forth.
  • Property records: Comprises title records for all kinds of real properties, such as houses, flats, and land.
  • Further asset records Wealth): Contains things like a TV, digital/video camera, air conditioning, refrigerator, washing machine, and other valuables.
  • Records of loans, if any
  • receipts (if any) for EMI payments

Q. What is the eligibility criteria for availing scholarships?

Ans. PGP students who earn less than INR 6,00,000 (Rupees Six Lakh only) annually in their household may be eligible to apply for scholarships at IIM Visakhapatnam. In the event of unforeseen circumstances, students may also be eligible to request this form of financial support. 

Q. Who is eligible for IIM scholarship?

Ans. Information about the Scholarship at IIM Bangalore. Financial aid applications are open to PGP students whose household income is less than INR 8,00,000 annually. We also examine those students who, due to abrupt and unforeseen occurrences, are facing significant financial difficulties.

Q. Can I study for free in IIM?

Ans. No, you won't, but you can apply for one of the many scholarships the colleges give if you fit the conditions. Furthermore, if you are unable to repay the loan, banks will be happy to give it to you without any collateral. Instead than worrying about the rest, focus on getting into IIMs.

Q. Do CAT toppers get scholarships?

Ans. A scholarship worth INR 50,000 is offered for each semester in which the CAT percentile is higher than 90. For each semester, students with CAT percentiles between 80 and 80.99 are eligible for a scholarship of 40,000 INR. The scholarship amount is INR 30,000 per semester if the CAT percentile falls between 70 and 79.99.

Q. Can I get a loan if I get a admission in IIM?

Ans. Students can benefit from the student loan tax education program and claim the interest paid on their school loans under section 80E. Lower loan interest rates than they would at other types of universities are another perk for students who are accepted into a prestigious university like IIM.

Q. What is the right age to join IIM?

Ans. The minimum age requirement of 25 years old as of March 31st of the year the PGPX program begins. For instance, a candidate must have turned 25 before March 31, 2024, and they must have been born on or before March 31, 1999, in order to be eligible for PGPX 24–25, which begins in April 2024. 

Q. Does IIM accept freshers?

Ans. Even though many of the candidates have work experience from actual IIM Ahmedabad classes, you can see that a significant percentage of them are freshmen. When they entered the MBA program just after earning their bachelor's degree, they had no prior work experience.

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