IIM Visakhapatnam: Admission, Courses, Ranking, Selection Criteria, Placement & All You Need to Know

By Anjali Chowdhury|Updated : June 27th, 2022

IIM Visakhapatnam was established, in September 2015, by the Ministry of Human Resources of the Government of India, in the Indian state of Andhra Pradesh. It is temporarily located in the salubrious Andhra University campus in the port city of Visakhapatnam. The permanent building is under construction, with over 230 acres of land.  Check out all the details about IIM A below such as IIM Ahmedabad Admission Process, eligibility criteria, courses offered, fee structure, scholarship, placement scenario and more.

Eligibility Criteria for Admission to the IIM Vishakhapatnam

Candidates appearing for the IIM Vishakhapatnam Admission Test must meet a certain set of criteria:

  • It is essential to meet the cut-off score of CAT score for Indian students and GMAT and GRE for international students
  • Past academic record with a weightage of 10% to class 10th and 12th marks
  • Work experience is preferred
  • CAT and PI have 50% and 48% weightage, respectively

Admission/Selection Process for IIM Vishakhapatnam

The first eligibility  for admission to IIM Vishakhapatnam is that you should have appeared for CAT exams and applied for  IIM Visakhapatnam.

Phase 1:

The candidates should get the minimum percentile given below in order to get admission into IIM Vishakhapatnam.

Sections

General

EWS

SC

ST

NC-OBC

PWD

QA

70

63

40

30

63

30

DI & LR

70

63

40

30

63

30

VARC

70

63

40

30

63

30

Overall Percentile

80

70

45

35

70

35

Phase 2:

The next stage of the admission process would consider the marks obtained in  10th and 12th and work experience (if any) to finally shortlist students.

The weights of six components are fixed as:

Particulars

Weightage

CAT

50 (QA – 18 points, DILR – 14 points and VARC – 18 points).

Academics

30 (10th board: 10; 12th board:10; Bachelors: 10)

Work Experience

10

Gender Diversity

10

The weighted aggregate is used by the institute to prepare the Pre-PI rank list, based on which the second list of candidates is prepared for the PI round.

Phase 3: 

The Phase II shortlisted candidates are then invited for the PI round. 

The Personal Interview score  after standardization across interview panels and sessions, will be added to the scores given below  to arrive at the final aggregate score:

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

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Courses Offered in IIM Vishakhapatnam

  • Post Graduate Program in Management (PGPM)
  • Post Graduate Diploma in Management (PGDM)
  • Post Graduate Program for Executives (PGPEx)
  • Doctor of Philosophy (Ph.D)

Fee Structure for Various Courses at IIM Vishakhapatnam

The fee structure varies according to an applied stream of education at IIM Vizag. The approximate fee structure for various courses at IIM Vishakhapatnam is as follows:

Courses

Fees

PGP

INR 16,79,920 

PGPEx

INR 10,80,000

 

Placement Trend at IIM Vishakhapatnam

IIM Visakhapatnam is one of the 20 IIM institutes in India and amongst the 9 newest IIMs that started their operations in 2015. The institute has reported a 100% placement for its passing batch of 2020-22, yet another time for five years in succession.  

  • 100% Placement for the PGP 2020-22 Batch
  • The average Salary stood at Rs.15.06 LPA
  • Highest Salary Stood at Rs.31.60 LPA
  • 86 Companies, with 49 new recruiters, Participated in Placement 2021-22
  • The median Salary was Rs.15.46 LPA
  • The Average Salary of the Top 10% is Rs.20.67 LPA
  • The Average Salary of the Top Quartile is Rs.19.39 LPA
  • Average Salary of Top Half is Rs.17.82 LPA
  • The placement was conducted virtually on a rolling basis
  • IT/ITES emerged as the top recruiting sector, with 34% of students getting Placement offers.
  •  Top Recruiters include Amazon, Amul, Blue Star, Delhivery, Deloitte, ESAF, HCL, HDFC Bank, Infosys, ICICI Prudential, KPMG, among others.

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