IIM Visakhapatnam 2022: Ranking, Admission, Eligibility Criteria, Cut Off, Courses, Fees, Placement & Packages, Scholarships, Facilities

IIM Visakhapatnam 2022: Ranking, Admission, Eligibility Criteria, Cut Off, Courses, Fees, Placement & Packages, Scholarships, Facilities

ByAditi Joshi  |  Updated on: Apr 11, 2022
IIM Visakhapatnam 2022 Know the Details About Admission Criteria, Admission Process, Eligibility Criteria, Cut-off, Courses, Fees, Scholarships, Facilities, Placement and Packages

IIM Visakhapatnam 2022

History of the College:

Inception:

IIM Visakhapatnam has been established recently, in September 2015, by the Ministry of Human Resources of the Government of India, in the Indian state of Andhra Pradesh. It belongs to the IIM family of business schools and is currently being mentored by IIM Bangalore.

Location:

It is presently 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. It is being built as a world-class campus in the vicinity of the upcoming green-field international airport, about 25 kilometres from the present (temporary) campus. The first phase of the new facility is expected to be functional by 2021. It is situated near Gambheeram Village, Anandapuram Mandal, Visakhapatnam. 

About IIM Visakhapatnam

Established

2015

Also Known As

IIM-V

City

Chinna Waltair, Andhra University, Visakhapatnam

Website

iimv.ac.in/

Accepted exams

CAT, GRE, GMAT, GATE

Popular courses

MBA, PhD

Ownership

Public/Government, Autonomous

Total courses

4 courses across 1 stream

Highest CTC

Rs 27 LPA (2020)

Average CTC

Rs 13.08 LPA (2020)

IIM Visakhapatnam Key Highlights 2022

Some of the highlights of IIMV are:

  • It is ranked on the 34th position in the list of best MBA institutes in India
  • It holds the recognition of being an institute of national importance
  • It is a public institute owned by the government of India
  • It offers educational qualifications to both genders, in other words, it offers co-education facilities
  • It was established in the year 2015 and is spread over an area of 242 acres of land
  • The total number of faculty members are 35
  • The total number of student enrollments every year is 230

The following are some highlights of the Indian Institute of Management, Vizag, AP

Particulars

Information

Year of establishment

2015

Institute type

Public/Government Autonomous

Campus area

242 acres

Gender

Co-ed

Courses offered

4 courses across 1 stream

Examinations accepted for admission

CAT/ GATE / GRE / GATE

Admission process

Academic performance, CAT scores and work experience

Programmes offered

MBA/PhD

The total strength of faculty

35

University ranking

Ranks 34th in the list of MBA institutes in India

Ranks as an Institute of National Importance

IIM Visakhapatnam Admission Criteria 2022

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

Phase 1:

Category

Overall  Cut-Off Scores

SC

ST

NC-OBC

PWD

General

80

60

50

70

50

NC-OBC

70

60

50

70

50

SC

45

60

50

75

50

ST

35

75

65

80

65

EWS

70

    

PWD

35

    

Phase 2:

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

Eligibility Criteria for IIM Vizag Admission:

Candidates appearing for the IIM Visakhapatnam 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.

IIM Visakhapatnam Placements and Packages

IIM Vizag concluded its 2021 placement drive for its MBA and PGP batch (2019-21) programs wherein the students bagged an average salary package worth INR. 13.1 LPA. Over 102 companies participated in the placement drive, out of which 73 of them were recruited from the institute for the first time.

Let us take a look at IIM Visakhapatnam’s placement record in 2021:

Total students’ percentage for placement

100% recruitment

Average domestic salary

Rs. 13.1 LPA

Number of companies

102

Highest Domestic Salary

Rs. 27.0 LPA

Highest International Salary

N/A

Recruitment companies

ADG, Amazon, Amul, Ameex, Anand Rathi, BrowserStack, Bluestar, Crompton, Chella, Delhivery, Deloitte, Franklin Templeton, HCL, ICICI Lombard, ICICI Prudential.

IIM Visakhapatnam Courses 2021

IIM Vizag offers a variety of degree programmes and courses that are popular across the globe for their quality of learning and education. 

Here is a list of some prominent IIM courses along with their eligibility criteria:

Indian Institute of Management (IIM Indore) Courses

Eligibility Criteria

MBA Digital Governance and Management

CAT 

PGPEx

-

PGPM

CAT

PhD

-

IIM Visakhapatnam Fees 2021

The fee structure varies according to an applied stream of education at IIM Vizag. IIM Vizag offers scholarships in the form of Need-Based Financial Assistance (NBFA) to the PGP/ PhD students whose gross annual family income is less than Rs 6 lakh in that academic year. There are certain relaxations available to NC-OBC, CS, SC, ST and PwD students.

The fees do not include the cost of accommodation, so it is recommended to read the brochure and fee details for each course carefully at the time of taking admission. Also, it may vary for international students.

The approximate fee structure for various courses at IIM Vizag is as follows:

Course

Fees

PGP

INR 13.65 lacs per annum

PGPDGM

INR 16.5 lacs per annum

PGPEx

INR 10.7 lacs per annum

PhD

N/A

IIM Visakhapatnam Scholarships 2021

IIM Vizag offers the following financial aid to aspiring candidates.

Scholarship 1:

All PGP students with an annual household income below INR 6,00,000 are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.

Scholarship 2:

- Ministry of Tribal Affairs Scholarship (ST):

The Ministry of Tribal Affairs, Government of India, invites applications for the National Scholarship for Higher Education for Scheduled Tribe students of PGP first year. Under this scholarship, the entire tuition expenses are covered in full.

- Ministry of Social Justice and Empowerment Scholarship (SC): 

The Ministry of Social Justice and Empowerment Government of India invites applications for the National Scholarship for Higher Education for Scheduled Caste students from Meritorious SC students PGP first year. This is a means scholarship that covers tuition expenses in full.

IIM Visakhapatnam Infrastructure and Facilities

The infrastructure and facilities at IIM Vizag are well-equipped with state-of-the-art amenities:

  • Library: The library at IIM Vizag has a collection of 30,000 books, technical journals, e-books, thesis etc. 
  • Other facilities: The IIM Vizag comprises amenities and facilities like a cafeteria, Gym, Medical centre, convenience store, ATM, fully air-conditioned classes, auditorium, Labs, and a Wi-fi campus for its students.
  • Sports facilities: IIM Vizag accommodates different sports, both indoor and outdoor. It hosts indoor games like table tennis, chess, Carrom board etc., and outdoor sports activities as well. 

IIM Vizag Hostel:

Students are housed in a single/two separate buildings which are near the campus. The rooms are assigned on a double/triple occupancy basis. The Institute provides transportation to students for commuting between the Institute and hostels. All the rooms are fully air-conditioned and furnished.

Other facilities in the rooms include:

  • Wi-Fi & TV
  • Refrigerator
  • Discussion rooms
  • Dining hall
  • Indoor games like Pool Table, Caroms, Chess, Table tennis etc.

IIM Visakhapatnam Faculty and Alumni

IIM Vizag has a well known robust alumni network and a renowned team of faculty members. The faculty is experienced and is responsible for educating the students, preparing them for the next level of their lives, shaping their careers, and they work in collaboration with the students for their welfare in every aspect. The total number of faculties at IIM Vizag is 35. 

Related Links
IIM Visakhapatnam Admission 2021IIM Visakhapatnam Placement & Packages 2021
IIM Visakhapatnam Courses, Fees 

IIM Visakhapatnam College Exam FAQs

  • The total intake of students at IIM Visakhapatnam is 240.

  • The total number of full-time faculty at IIM Visakhapatnam is 35.

  • Yes, IIM Visakhapatnam provides separate hostels for accommodating girls and boys.  

  • Yes, IIM Visakhapatnam offers good placements to its students. It was the best amongst the new IIMs in 2020. 100% placements were recorded, with the highest package offer of 22 LPA, while the average package stood at 13.5 LPA. The top recruiting companies were Yes Bank, ICICI Lombard, Amazon, Mu Sigma and so on.

CAT & MBA

CATMBA ExamsMBA Colleges