IIM Visakhapatnam Placement & Packages 2021: Process, Lowest, Highest Packages

IIM Visakhapatnam Placement & Packages 2021: Process, Lowest, Highest Packages

ByAditi Joshi  |  Updated on: Oct 11, 2021IIM Visakhapatnam 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
IIM Visakhapatnam 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
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IIM Visakhapatnam Placements Highlights 2021

IIM Visakhapatnam is one of the 20 IIM institutes in India and amongst the 7 newest IIMs that started their operations in 2015. The institute has reported a 100% placement for its passing batch of 2021, yet another time for five years in succession.  

  • 100% Placement for the PGP 2019-21 Batch
  • The average Salary stood at Rs.12.62 LPA
  • Highest Salary Stood at Rs.20.82 LPA
  • 102 Companies, with 73 new recruiters, Participated in Placement 2021
  • The median Salary was Rs.12 LPA
  • The Average Salary of the Top 10% is Rs.18.86 LPA
  • The Average Salary of the Top Quartile is Rs.17.23 LPA
  • Average Salary of Top Half is Rs.15.71 LPA
  • The placement was conducted virtually on a rolling basis
  • IT/ITES emerged as the top recruiting sector, with 37% of students getting Placement offers.
  •  Top Recruiters include Amazon, Amul, Blue Star, Delhivery, Deloitte, ESAF, HCL, HDFC Bank, Infosys, ICICI Prudential, KPMG, among others.

IIM Visakhapatnam Final Placements 2021 Tabular Details:

Particulars

Placement Statistics (2018-20)

Placement Statistics (2019-21)

Percentage of Students Placed

100%

100%

Total Number of Recruiters

75

102

First Time Recruiters

40

73

Highest CTC

INR 27 LPA

INR 20.82 LPA

Average CTC

INR 13.08 LPA

INR 12.62 LPA

Median Salary

INR 12 LPA

INR 12 LPA

Average Salary of Top 10% Students

-

INR 18.86 LPA

Average Salary of Top 25% Students

INR 18.67 LPA

INR 17.23 LPA

Average Salary of Top 50% Students

INR 15.73 LPA

INR 15.71 LPA

Top Recruiters

MTR, HCL, Wipro

ADG, Amazon, KPMG

IIM Visakhapatnam Summer Placements 2021

IIM Visakhapatnam Summer Placements 2022 Report 

Batch

2020-22

Students Placed

100%

Highest Stipend

INR 2 Lakhs

Average Stipend

INR 62,264

Top 25% Stipend

INR 1.17 Lakhs

Top 10% Stipend

INR 1.46 Lakhs

Top Recruiters

Bosch, Dalmia Bharat, Yes Bank

During the 2022 summer internship placement drive, IIM Vizag maintained its record of 100% placements.

In the summer internship placement drive of 2022, the highest stipend stood at INR 2 Lakhs, and the average stipend stood at INR 62,264, whereas the top 25% and top 10% stipend stood at INR 1.46 Lakhs.

IIM Visakhapatnam Placement Placements Process 2021

The IIM Visakhapatnam placement process is conducted through the following steps:

  • The Career Development Services (CDS) office, along with the Student Placement Committee, coordinate the recruitment procedure
  • Pre-Placement Talks (PPTs) are conducted on campus, where company representatives and students get an opportunity to interact and understand the options provided.
  • Students apply based on the company presentation and their interests. 
  • The companies evaluate and shortlist suitable candidates based on the applications received.
  • A final placement interview is conducted after the companies send the list of shortlisted candidates to the CDS office. 
  • Post interview, job offer letters are extended to the selected candidates.
  • Based on the institute’s placement policy, the students accept job offers. 
  • A formal offer letter is sent to the CDS office within 2 weeks of the interview being conducted. 

IIM Visakhapatnam Top Recruiting Companies

Amazon, Amul, Blue Star, Delhivery, Deloitte, ESAF, HCL, HDFC Bank, Infosys, ICICI Prudential, KPMG, among others, were the prime recruiters.

IIM Visakhapatnam Sector-Wise Placements

The following table represents the sector-wise placements of IIM Visakhapatnam:

Sector

Percentage of Students

IT / ITES

37%

BFSI

11%

Manufacturing

11%

Fintech

6%

Consulting

5%

Edtech

8%

Logistics

4%

FMCG

3%

Others

16%

During the placements drive of 2021, a maximum number of students were placed in the IT Sector, followed by BFSI and Manufacturing.

IIM Visakhapatnam Alumni Placements

IIM Visakhapatnam has alumni placed in top companies of India in major sectors. The sector-wise break-up was from the areas of industries and services that include Banking, Manufacturing & Logistics & Supply Chain Management, IT, etc. However, IIM Visakhapatnam has around 50,000 alumni registered online and working with top companies like TCS, Google, Microsoft, etc.

Some of the top companies with which a majority alumni base of IIM Visakhapatnam is associated are as follows: 

Name of the Organisation

Number of Students

IIMV

57

KPMG India

8

Entrepreneurship and Passion Cell IIMV

7

ARTquake - The Fine arts club of IIMV

6

ICICI Lombard

6

TA Digital

6

HSBC

5

JugleWorks

5

The Consulting Club

5

Connect - Business Solutions Limited

5

ANK - IT and Analytics Club - IIMV

5

H - Town Technologies Inc

4

Anand Rathi Wealth Limited

4

Manthan - The HR Club of IIMV

4

HDFC Bank

4

 

Related Links
IIM Visakhapatnam Admission 2021IIM Visakhapatnam 2021
IIM Visakhapatnam Courses, Fees 

Posted by:

Aditi JoshiAditi JoshiMember since Mar 2021
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  • Let us look at the highlights of IIM Visakhapatnam summer placements 2021:

    Total Placement percentage

    100%

    Participating Recruiters

    52

    Average Stipend

    INR 62.264k  per month

    Highest Stipend

    INR 2 lakhs per month

  • The highest package of IIM Visakhapatnam is INR 20.82 LPA (domestic) in 2021.

  • Top recruiters for IIM Visakhapatnam 2021 were Amazon, Amul, Blue Star, Delhivery, Deloitte, ESAF, HCL, HDFC Bank, Infosys, ICICI Prudential, KPMG, among others.

  • There were 73 new recruiters at the IIM Visakhapatnam placements in 2021. 

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