IIM Visakhapatnam: Programs Offered, Eligibility, Fees, and Placements

Updated on 15th May 2023 | 17:21 pm | #IIMVizag

The Indian Institute of Management Visakhapatnam (IIMV or IIM Vizag) is a public B-school and a leading institute in the country located in Visakhapatnam, Andhra Pradesh, India. IIM Visakhapatnam is among the twenty Indian Institutes of Management and was established in 2015. IIMV began the first batch of PGP in Management in August 2015.

IIM Vizag offers courses in different MBA and Ph.D. specializations. It is acknowledged as one of the elite institutes in the nation for offering MBA courses. The institute is currently functioning from its temporary campus at Andhra University. The permanent 241.50 acres campus is under construction at Gambheeram village on the outskirts of Visakhapatnam.

IIM Visakhapatnam Courses Offered

  • Post Graduate Programme (PGP)
  • G.P.Ex. (Post Graduate Programme for Executives)
  • D. (Doctor of Philosophy)
  • Post Graduate Program in Digital Governance and Management (PGP-DGM)
  • Executive Master of Business Administration (EMBA) for Working Professionals

IIM Visakhapatnam Fee Structure

Here is a list of the fees for the different courses offered by IIMV for 2023-25 as per the official website.

Courses

Fees

PGP (Post Graduate Programme)

INR 18.25 Lakh

PGPEx

INR 10.80 Lakh

EMBA

INR 10.80 Lakh


IIM Visakhapatnam Admission & Selection Criteria

IIM-V admissions are conducted in a three-phase selection procedure. The parameters, and weightage applied are the same for all categories of candidates. A handful of aspirants are shortlisted at each phase in each category to fulfill the reservation quota for each group.

Phase 1:
All aspirants who have cleared the CAT overall & sectional cutoffs and have chosen IIM Vizag as one of their choices in the CAT form will be considered for further rounds. Candidates will receive an email and be required to submit the form along with the required documents within the stipulated time.

Phase 2:
Students who clear the phase-1 will then go through another shortlist based on a score calculated on the following parameters:

  • CAT = 50
  • 10th Board = 10
  • 12th Board = 10
  • Bachelors = 10
  • Diversity = 10 {Gender (Female & Transgender)}
  • Work Experience = 10

Phase 3:
Candidates who appear for the PI will be considered for this stage, where the Final Score will be calculated. Admission offers will be sent to the candidates based on their final scores. For the final score, the weights for the six components are fixed as:

  • PI Score = 48
  • CAT = 25
  • 10th Board = 4
  • 12th Board 4
  • Bachelor’s = 4
  • Diversity {Gender (Female & transgender)} = 5
  • Work Experience = 10

IIM Visakhapatnam Admission CAT Cut-off

Given below are the CAT cut-offs required to clear Phase 1 of the IIM Vizag admission process:

Category

VARC

DILR

QA

Overall

General

70

70

70

80

EWS

63

63

63

72

NC-OBC

63

63

63

72

SC

40

40

40

45

ST

30

30

30

35

PwD

30

30

30

35


IIM Visakhapatnam PGP Batch Profile 2021-2023

IIMV PGP batch of 2021-23 had a strength of 193 students. Here is a breakup of the gender diversity and past work experience of the 2021-23 batch.

IIM Visakhapatnam PGP 2021-23: Gender Diversity

IIM Visakhapatnam PGP 2021-23: Gender Diversity

IIM Visakhapatnam PGP 2021-23: Past Work Experience

IIM Visakhapatnam PGP 2021-23: Past Work Experience

IIM Visakhapatnam 2021-23 Placements

According to the IIM V placement report 2023, there has been a notable increase in the average salary package along with an increase in the number of recruiters that arrived on the campus.

IIM Visakhapatnam Placements 2023: Year-based Comparison

Here is a comparison of the past year's report in comparison to this year:

Particulars

Placements Statistics 2022

Placements Statistics 2023

No. of recruiters

86+

142

No. of new recruiters

49

95

Placement percentage

100 percent

100 percent

Highest package

Rs. 31.60 LPA

Rs. 32.65 LPA

Average package

Rs. 15.06 LPA

Rs. 16.61 LPA

Top 10% average salary

Rs. 20.67 LPA

Rs. 29.03 LPA

Top 25% average salary

Rs. 19.39 LPA

Rs. 23.63 LPA

Top 50% average salary

Rs. 17.82 LPA

Rs. 20.24 LPA

Median salary

Rs.15.46 LPA

Rs. 16 LPA

IIM Visakhapatnam Placements 2023: Recruiters

This year, 33% of placement offers were from IT & Consulting followed by Banking, Financial Services, and Insurance at 26%. Here are the top recruiters:

IIM-V Placements 2023

 KPMG India

Zetwerk

Accenture

Deloitte USI

 Infosys

SBI Capital

EY India

GMR Group

Cognizant