LIST OF TOP MBA/PGDM COLLEGES IN VISAKHAPATNAM BASED ON 2020 RANKING

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The top MBA colleges in Visakhapatnam (or the top MBA colleges in Vizag) inlcude IIM Visakhapatnam, GITAM Institute of Management, Andhra University, AQJ Centre for PG Studies, Alwar School of Business and many other names. Admissions in these colleges are mainly done through top management exams like the state ICET (APICET), and national exams like CAT, MAT and XAT. Check the top MBA colleges in Visakhapatnam through ICET.

  • There are 45 good MBA colleges in Visakhapatnam, out of which 44 are private and only Andhra University is a government college. These college offer almost all the top MBA courses like MBA Finance, MBA in Marketing and MBA in HR.
  • The Andhra University’s School of Distance Education also offers MBA distance education to the students. The average fee of this course here is INR 18,000 per year and the total course duration can go up to 3 years.
  • For regular MBA courses, the average fees is INR 50,000-80,000 per year in most of the colleges, However, some colleges might charge more for management courses. Check the fees charged by government MBA colleges in Vizag.
  • If you want to save money by completing your course in less time, check the top MBA colleges in Visakhapatnam for 1-year MBA. You might however need a work experience to be eligible for this course.
  • The average placement package after completing MBA from these colleges generally ranges from INR 2-5 lakh per year.

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Top MBA Colleges in Visakhapatnam: Ranking

Multiple ranking agencies release the list of top colleges in India on the basis of different parameters every year. Some of the ranking agencies are NIRF, Business Today, and Times B School, that issue rankings lists in different categories including state-wise and city-wise. 

These rankings are based on parameters like Perception of the University, Teacher-Student Ratio, Placement Reports, Faculty Quality and many more. Many ranking agencies release separate ranking lists for Private B schools and Government B schools. For the tables below, we have reffered to the lists of Top MBA Colleges in India released by different agencies. So, read ahead to find the best MBA colleges in Visakhapatnam rank wise.

Top MBA Colleges in Visakhapatnam: NIRF Ranking 2020

NIRF or the National Institutional Ranking Framework is the national ranking agency for colleges and universities in India. The agency is run by the Ministry of HRD, Government of India. Listed below are the top MBA colleges in Visakhapatnam in 2020 according to the NIRF’s university list.

College Name NIRF Ranking 2020 NIRF Ranking 2019 Change Average Annual Fees
Andhra University (AU) 19 16 -3 INR 1,50,000

NIRF bases its rankings on 5 different parameters. They are presented in the graph given below.

nirf ranking

Source: Official Website

  • NIRF has included only 1 MBA college in Visakhapatnam, and it ranks within 50 on the list. 
  • Andhra University showed considerable growth in previous year ranking from 2018 and 2019, however it has seen a drop of 3 ranks this year.

Top MBA Colleges in Visakhapatnam: The Week Ranking

The Week releases a comprehensive list of MBA colleges in India and the subsection of it contains state wise ranking as well. This is a collective survey of MBA colleges, and the ranking is based upon the various facets of a globally appealing Business School. 

  • The Week has only ranked GITAM as the top MBA college in Visakhapatnam. 
  • It has been ranked at 42 among the top MBA colleges in India. Previously it ranked at 56. 
  • GITAM witnessed considerable improvement in terms of ranking by jumping 14 ranks above. 
  • The average annual fees for MBA at GITAM Visakhapatnam is INR 3,00,000.

Admissions in GITAM Visakhapatnam are done through various entrance exams like CAT, MAT, XAT and CMAT. Check what has been the GITAM Vizag MAT Cutoff in past years.

Read More: Also read how to score enough marks to crack this cutoff by going through MAT Preparation Tips.

Top MBA Colleges in Visakhapatnam: Times B School Ranking

The Times B school ranking takes a consolidation of business schools and compiles the management courses offered by top management colleges in India.

  • The survey is executed between the 1st week of January and the 2nd week of February.
  • The research has 2 major modules: Factual Survey and Perceptual Rating Survey.
  • Times B-School has ranked the GITAM Institute of Management at 37 among the top management schools in India.

As we can see in all of these rankings, GITAM is the only college which manages to feature in all of these lists. So, this is one college which you should definitely explore.

Top MBA Colleges in Visakhapatnam: ROI (Return on Investment) 

ROI plays an important role while choosing a college for higher studies. It tells one how profitable your education is, and how long will it take to break the fees. Comparing ROI while arriving at a decision can drastically change the course of career post-graduation. Here are the top MBA colleges in Visakhapatnam, ranked on the basis of the ROI they offer.

College Name Average Annual Fees Average Placement Package ROI Rank*
Avanthi Institute of Engineering and Technology INR 27,000 INR 3,50,000 1
Pydah College of Engineering and Technology INR 33,000 INR 2,40,000 2
Sanketika Vidya Parishad Engineering College INR 27,100 INR 1,60,000 3
Dr. Lankapalli Bullayya College, Visakhapatnam  INR 1,40,000 INR 2,80,000 4
Andhra University (AU) INR 1,50,000 INR 3,00,000 4
GITAM INR 3,00,000  INR 3,40,000 6

*ROI Percentage={(Average Placement Package)/(Average Annual Fees)}*100%

As the table shows, Avanthi Institute of Engineering and Technology offers the best ROI among all the colleges. The average return on investment of these colleges is 300%. GITAM also offers a good package to students compared to other colleges, but it also charges a big fees.

Also see, Top MBA Colleges in Andhra Pradesh (AP)

Top MBA Colleges in Visakhapatnam: Cutoff

Almost every college releases a cutoff list of top MBA entrance exams to admit students in their courses. Only a very small number of colleges give direct admission. The table below shows the best MBA colleges in Visakhapatnam with their cutoff scores, as released for different exams.

College Name Exam Cutoff
GITAM Visakhapatnam MAT 60
IIM Visakhapatnam CAT 92
GITAM Institute of Management, Visakhapatnam CAT 65-70
GITAM School of International Business CAT 50
MAT 80
NMAT 140
GMAT 500

This table does give some insights, but these are not all. Check all the data about cutoff of top MBA colleges in Visakhapatnam by clicking on the links below.

Top MBA Colleges in Visakhapatnam: Admission Process

There are 45 MBA colleges in Visakhapatnam, out of which 44 are private and only 1 is a government college (public). The admission process of colleges in Visakhapatnam begins with the entrance exams. Aspirants are required to be updated with the date and timing of individual applications. 

list of public/private ,mba colleges in visakhapatnam

Source: Official Survey

GITAM Institute of Management (GIM)

GITAM Institute of Management is one of the premier institutes of Visakhapatnam. It has been ranked 33rd by Outlook and 37th by The Week. It has also been awarded at 33rd by Business Today. The institute is located in a hundred-acre lush green campus in Visakhapatnam.

  • GIM Visakhapatnam offers graduate, post-graduate and doctoral academic programs.
  • Admission into MBA programs is done through national level entrance exams like GMAT/ CAT/ XAT/ MAT.
  • A number of specializations are offered in MBA including Human Resources Management, Business Analytics, Marketing, Operations Management, among many others. 
  • A total of 240 seats are available for the MBA program at the GITAM Institute of Management. 

IIM Visakhapatnam

Indian Institute of Management (IIM), Visakhapatnam offers full-time postgraduate and doctoral programs in the field of management. It has been ranked at 31st position by Outlook India among the top management colleges in India. 

  • The B-school offers programs in the field of management under various specializations. It includes Finance, Accounting, Production, and Operations Management. 
  • Admission to the IIM Visakhapatnam is offered through merit scored in the national level entrance test, i.e., CAT.
  • The B-school has an annual intake of 60 students in its MBA program. 
  • The institute achieved 100% placement and an increase in the average salary of 4.47%. The highest salary offered at the institute was INR 22 LPA and the average salary was INR 17.07 LPA. 

The following graph shows the minimum marks required in CAT for admission in IIM Visakhapatnam: 

IIM Visakhapatnam CAT Percentile 2019

Source: Official Website

Andhra University (AU)

 Andhra University leads the conversation of management education in Visakhapatnam. The college has many popular courses in Arts, Science, Technology, Engineering, Management, Law, Pharmacy and Education. 

  • The university offers an MBA with an average annual fee of INR 1,50,000. It is offered under 2 specializations, i.e., General and Retail Management. 
  • The selection is done based on the state-level entrance exam APICET. 
  • Andhra University has the accreditation of the University Grants Commission (UGC) and the National Assessment and Accreditation Council (NAAC).
  • It has a stellar placement record, with students grabbing packages as high as INR 13 LPA.

Top MBA Colleges in Visakhapatnam: Entrance Exam Wise

Admissions in Visakhapatnam MBA colleges are done primarily through entrance exams like CAT/XAT/MAT/CMAT/GMAT. APICET (Andhra Pradesh Integrated Common Entrance Test) is the state level entrance exam that analyzes student admissions. The admission also happens on the basis of merit and quota in some colleges in the city.

Top MBA Colleges in Visakhapatnam through ICET

ICET or popularly known as APICET (Andhra Pradesh Integrated Common Entrance Test) is conducted by Sri Venkateswara University. It is a state-level entrance exam conducted in an online mode for admission in MBA/MCA programs across Andhra Pradesh. 

Some of the top MBA colleges in Visakhapatnam accepting ICET score are listed below: 

  • Pydah College of Engineering & Technology
  • Chaitanya Engineering College
  • Baba Institute of Technology & Sciences
  • Samata College
  • Srinivasa Institute of Management Studies

Top MBA Colleges in Visakhapatnam through CAT

CAT or Common Admission Test is the premier entrance exam accepted all over India for admission in management courses. Over 600 institutes accept the score of CAT exam in India, an exam which is conducted on a rotational basis by the IIMs in India.

Some of the top MBA colleges in Visakhapatnam accepting CAT score are mentioned below: 

  • GITAM Institute of Management
  • AQJ Centre for PG Studies
  • Ambedkar Institute of Management Studies
  • Srinivasa Institute of Management Studies
  • Integral Institute of Advanced Management

Top MBA Colleges in Visakhapatnam: Placement Wise

Management colleges in Visakhapatnam offer students some of the best placement opportunities in the state.

  • An average management college in Visakhapatnam receives around 150 offers.
  • Top Management colleges in India like IIM Visakhapatnam and ICFAI Business School receive more than 400 offers.
  • The average MBA salary in India is INR 6-9 lakh, with packages jumping to 1 crore as well.
  • IIM Visakhapatnam received the highest salary of INR 22 LPA and broke its previous records. 

The following graph shows the average salary offered to students enrolled in top MBA colleges in Visakhapatnam.

CTCs offered by Top MBA Colleges in Visakhapatnam

Source: Official Website

Avanthi Institute of Engineering and Technology has the best placement package amongst the top MBA colleges in Andhra Pradesh. Andhra University's placement record has been the highest with INR 13 lakh per annum.

Top MBA Colleges in Visakhapatnam for Finance

India’s finance industry is booming at a tremendous rate. With the growing investment, companies are hiring multiple people to handle finance for their companies. The financial sector is growing at 7.5% and is estimated at $3 trillion USD in 2020. 

Some of the top MBA colleges in Visakhapatnam for Finance are mentioned below: 

  • Andhra University (AU)
  • GITAM Institute of Management
  • Dr. Lankapalli Bullayya College
  • Vizag Institute of Technology
  • Alwar School of Business

Top MBA Colleges in Visakhapatnam for Marketing

Marketing is the new HR, says the expert reviewing placement cycles for decades. The advertising and marketing sector is set to touch $10 billion by the end of 2020. With the influx of digital marketing and fierce competitors rising from mobile phones, the sector is growing at a rate of 30%.

Some of the top MBA colleges in Visakhapatnam for Marketing are mentioned below: 

  • GITAM Institute of Management
  • Dr. Lankapalli Bullayya College
  • Sanketika Vidya Parishad Engineering College
  • Noble Institute of Science & Technology
  • Srinivasa Institute of Management Studies

Also Check

Top MBA Colleges in Visakhapatnam: FAQs

Ques. Which college is best for MBA in Visakhapatnam?

Ans. The best MBA colleges in Visakhapatnam are IIM Visakhapatnam, Andhra University (AU), GITAM, Dr. Lankapalli Bullayya College, Visakhapatnam, among many others.

Ques. How many MBA colleges are there in Visakhapatnam?

Ans. There are a total of 45 MBA colleges in Visakhapatnam.

Ques. What is the average cost of MBA colleges in Visakhapatnam?

Ans. The average cost of an MBA course in Visakhapatnam is INR 2-3 lakh.

Ques. What is the average cut off for any student? 

Ans. The diverse range of colleges accepts one percentile or the other, depending upon the college. 

Ques. What is the entrance process for these colleges?

Ans. Candidates will have to sit in entrance exams such as APICET, CAT, XAT, SNAP, IBSAT, GMAT, CMAT, MAT, ATMA, NMAT, and IMU-CET, or scores based on the college of their choice.

Ques. Which college guarantees the highest pass out salary?

Ans. Andhra University (AU) promises the highest pass out salary at INR 13 lakh to its students. 

Reviews

Gp
10.0 /10

Loan/ Scholarship Provisions :

AS MY 2018-21 BTCH THE FEE STRUCTURE IS LIKE 2 TERMS PER YEAR AT THE EACH TERM WE HAVE TO 90000 RS AND IN THIS WAY WE SHOULD PAY 180000 PER YEAR IN THIS WAY WE SHOULD PAY THE FEE IN TERMS WE WILL SCHOLARSHIPS AND CONCESSIONS FOR THE BRILLIANT STUDENTS WHO SCORED WITH GOOD MARKS IN PREVIOUS STANDARDS

Course Curriculum Overview :

AS SIITAM STOOD THIS WAS THE BEST IN MANAGEMENT COURSES AND WELL EDUCATED LECTURERS WITH FRIENDLY NATURE AND THEY WILL TEACH IN BRIEF WITH VERY EASIEST MANNER TO UNDERSTAND AND THE EXAMS WERE SOME TIMES QUITE HARD BUT WITH THE HELP OF LECTURERS THAT WAS NOT A BIG DEAL TO THE STUDENTS

Campus Life :

THIS COLLEGE IS NO.1 AT EVENTS AND PROMISE WE WILL GET SO MANY MEMORABLE INCIDENTS AND THE COLLEGE WETHER IS THE BEAUTIFUL PLACE TO STUDY AT THE COAST OF THE BEACH AND TOP IN A HILL

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S
9.8 /10

Campus Life :

The most gladly celebrated and well planned tech fest takes usually in the month of January. Till 2019 , 28 events happened in GITAM UNI. NCACC is held in 2012, Arahant in 2013, Gusac Carnival, GEM 2015, iSquare in 2016,2017, Nirvana in 2018 and Fusion in 2019 had been celebrated with pomp and show. Different europa, seminars, conferences, technical events, cultural events, sports, Knownfest etc are being organised during the fest.

Loan/ Scholarship Provisions :

The annual fees structure of the college for a MBA student stands at 796200 INR. Other fees for registration purposes,security deposit, application , examination fees etc. are to be paid in extra. GITAM offers financial assistance to meritorious and deserving candidates. Scholarships are awarded to 5% of the students in each department of academic institution of GITAM.

Course Curriculum Overview :

Graduating in masters course in management field helps in getting a reputed designation in the companies during the campus drives. An excellent PhD professors and other seniors professors in the college teaches the student to think of the box. Mid internal exams usually are conducted in 3 months.

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Visakhapatnam, Andhra Pradesh  AICTE