IIM Visakhapatnam: Fees Structure, Placements, Packages, Courses Offered

IIM Visakhapatnam MBA College

Indian Institute of Management Visakhapatnam (IIMV) 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. IIM Visakhapatnam is being built as a world-class campus near 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. IIM Visakhapatnam is situated near Gambheeram Village, Anandapuram Mandal, Visakhapatnam. Some of the highlights of IIMV are:

• It is ranked in the 34th position in the list of Top MBA Colleges in India.
• IIM Visakhapatnam holds the recognition of being an institute of national importance
• IIMV is a public institute owned by the government of India
• IIM Visakhapatnam offers educational qualifications to both genders; in other words, it offers co-education facilities.
• Indian Institute of Management Visakhapatnam (IIMV) was established in 2015 and is spread over 242 acres of land.

Note the table below to get some important information about

Particulars	Information
Year of establishment	2015
Institute type of IIM Visakhapatnam	Public/Government Autonomous
Campus area	242 acres
Gender	Co-ed
Courses offered by IIM Visakhapatnam	4 courses across 1 stream
Examinations accepted for admission	CAT/ GATE / GRE
The admission process of IIM Visakhapatnam	Academic performance, CAT scores and work experience
Programmes offered	MBA/PhD
Official Website of IIM Visakhapatnam	iimv.ac.in/
IIM Visakhapatnam Packages (Highest)	INR 27 LPA
IIM Visakhapatnam Packages (Average)	INR 13.08 LPA

IIM Visakhapatnam Placements

Indian Institute of Management Visakhapatnam is one of the 20 IIM institutes in India and amongst the 9 newest IIMs that started their operations in 2015. IIM Visakhapatnam 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
• The 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
• The average Salary of the 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 of IIM Visakhapatnam include Amazon, Amul, Blue Star, Delhivery, Deloitte, ESAF, HCL, HDFC Bank, Infosys, ICICI Prudential, and KPMG, among others.

Sector-Wise Placements at IIM Visakhapatnam

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

Sector	Percentage of Students %
IT / ITES	34%
BFSI	33%
Manufacturing	8%
E-Commerce	7%
Consulting	15%
Others	3%

IIM Visakhapatnam: Domain-Wise Placements

Note the table below to get details for domain-wise placement data of the Indian Institute of Management Visakhapatnam (IIMV).

Sector	Percentage of Students %
Consulting	32
Strategy	13
Finance	11
Marketing and Sales	11
General Management	11
Analytics	5
Product Management	5
HR	5
Operations	3
Others	4

IIM Visakhapatnam Alumni Placements

Indian Institute of Management 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
IIM-V	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

IIM Visakhapatnam Packages: Year-wise Data

Indian Institute of Management IIM Visakhapatnam witnessed yet another year of 100% placements for 5 years in succession now. More than 100 recruiters, including 73 first-time recruiters, hired students from the Post Graduate Program as well as the 5-Year Integrated Program in Management.

The last four years’ placement trends for IIM Visakhapatnam are shared below:

IIM Vizag Placement Year	Average Salary (Rs. In lakhs)	Highest Salary (Rs. In lakhs)
2021	12.62	20.82
2020	13.08	27.00
2019	12.61	22.00
2018	12.07	—

Indian Institute of Management Visakhapatnam Summer Placements

The summer placements report of IIM Visakhapatnam is tabulated below.

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 of IIM Visakhapatnam	Bosch, Dalmia Bharat, Yes Bank

During the 2022 summer internship placement drive, IIM Visakhapatnam 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 Final Placements

Note the table below to get important details regarding the final placements of IIM Visakhapatnam.

Particulars	Placement Statistics (2019-21)	Placement Statistics (2020-22)
Percentage of Students Placed	100%	100%
Total Number of Recruiters	102	86
First Time Recruiters	73	49
Highest CTC	INR 20.82 LPA	INR 31.60 LPA
Average CTC	INR 12.62 LPA	INR 15.06 LPA
Median Salary	INR 12 LPA	INR 15.46 LPA
Average Salary of Top 10% of Students	INR 18.86 LPA	INR 20.67 LPA
Average Salary of Top 25% of Students	INR 17.23 LPA	INR 19.39 LPA
Average Salary of Top 50% of Students	INR 15.71 LPA	INR 17.82 LPA
Top Recruiters of IIM Visakhapatnam	ADG, Amazon, KPMG	Amazon, Amul, Blue Star, Delhivery, Deloitte, ESAF, HCL, HDFC Bank, Infosys

Fees Structure of IIM Visakhapatnam

The IIMV Fee Structure includes the following expenses:

• Personal and miscellaneous expenses
• Tuition fee
• Course material
• Internet
• Library
• Alumni activity
• Laptop and computer

Apart from fees, CAT toppers looking for admission to the top IIMs consider the number of seats as well. The number of seats offered for each IIM Visakhapatnam program is 60 for its PGP program for 2021, while the total batch capacity is 120 candidates.

IIM Visakhapatnam MBA fees range between INR 10.5-16.5 lakhs for full-time MBA/ PGDM programs. None of the IIMs has announced an increase in MBA fees. Here is the fee structure for its PGP program.

Particulars	PGP-I	PGP-II	Total
Tuition/ Programme Fee	Rs 5,25,000	Rs 5,25,000	Rs 10,50,000
Advance for Mess and other expenditures (including printing and photocopying charges etc.)	Rs 75,000	Rs 75,000	Rs 1,50,000

IIM Visakhapatnam Cut Off

The CAT Cut Off has been dropped for 2022 admissions into IIM Visakhapatnam.

Category	Overall Cut-Off Scores
General	80
NC-OBC	70
SC	45
ST	35
EWS	70
PWD	35

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

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

IIM Visakhapatnam Course Offered

Note the table below to get a list of IIM Visakhapatnams courses.

Courses	Duration	No of Courses	Total Fees	Exams	Median Salary
PGPM	2 Years	–	13.55 Lakhs	CAT	INR 12 LPA
PGPEx	2 Years	–	10.7 Lakhs	CAT, GMAT, GATE	–
PGPDGM	870 Hours	–	16.5 Lakhs	–	–
Certificate	870 Hours – Years	3	10.7 – 16.5 Lakhs	CAT, GMAT, GATE	INR 12 LPA

Course-wise Eligibility of IIM Visakhapatnam

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 Result 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.

Below table highlights the eligibility details of IIM Visakhapatnam.

Course	Eligibility Criteria
PGPDGM (Post Graduate Program in Digital Governance and Management)	– Bachelor’s degree with a minimum of 55% aggregate or equivalent from a recognised university – A minimum of five years of full-time work experience at an officer or executive level or higher
PGPEx	– Bachelor’s degree with a minimum of 55% aggregate or equivalent from a recognised university – A minimum of three years of full-time work experience Alternatively, applicants can also choose to apply for PGPEx by taking the IIMV Test.
PhD	A master’s degree OR a PG Diploma (2 years) with a minimum of 55% aggregate in the bachelor’s and master’s degrees OR A professional qualification such as CA, ICWA, or CS with a minimum of 50% aggregate and a BCom / any Degree with at least 55% aggregate OR A 4-year / 8-semester bachelor’s degree with a minimum of 6.5 CGPA or equivalent

Indian Institute of Management Visakhapatnam (IIMV): Admission Process

The first eligibility for admission to IIM Visakhapatnam is that you should have appeared for CAT Exam and applied for IIM Visakhapatnam. The next stage of the admission process would consider the marks obtained in 10th and 12th and work experience (if any) to shortlist students finally.

The weights of the six components are fixed as follows:

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

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)

Scholarships Offered by IIM Visakhapatnam

Indian Institute of Management Visakhapatnam 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 Visakhapatnam are well-equipped with state-of-the-art amenities:

• Library: The library at IIM Visakhapatnam has a collection of 30,000 books, technical journals, e-books, thesis etc.
• Other facilities: The IIM Visakhapatnam 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 Visakhapatnam accommodates indoor and outdoor sports. It hosts indoor games like table tennis, chess, Carrom board etc., and outdoor sports activities as well.

IIM Visakhapatnam Hostel

Students are housed in 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

IIMV 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, and shaping their careers, and they work in collaboration with the students for their welfare in every aspect. The total number of faculties at IIM Visakhapatnam is 35.