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.