IIM Visakhapatnam: Ranking, Courses, Fees, Admission 2024, Placements

K Krishna Priya

Updated on - Jan 25, 2024

IIM Visakhapatnam MBA admission 2024 will be based on CAT 2023 exam. The CAT result 2023 has been released on December 21, 2023.

IIM Vizag was established in the year 2015. It has a GRIHA 5-star rating campus with a net-zero status in energy, water, and carbon footprint. The IIM Visakahpatnam NIRF Ranking was #29 in the management category.

IIM Visakhapatnam offers admission to postgraduate and doctorate courses such as the Post Graduate Programme (PGP), Post Graduate Programme for Experienced Professionals (PGPEX), Post Graduate Programme in Digital Governance and Management (PGPDGM), Executive Master of Business Administration (EMBA), PhD and Mahatma Gandhi National Fellowship (MGNF). Admission to these courses is based on GMAT/GRE/CAT/GATE/NET-JRF/CSIR-NET scores.

IIM Vizag recently moved to its 241.50 acres permanent campus that offers all the latest facilities. IIM Visakhapatnam also recorded 100% placements in the 2023 placement drive. The highest package offered was INR 32.65 LPA, and the average package offered was INR 16.61 LPA.

IIM Visakhapatnam Highlights 2024

IIM Visakhapatnam is an Institution of National Importance under the IIM Act 2017. Some of the highlights of the Indian Institute of Management Visakhapatnam, including its reputation, type of university, and facilities, are mentioned below.

IIM Visakhapatnam Admission 2024

IIM Visakhapatnam admission 2024 is ongoing for various courses. Applicants can register on the official website to apply for various courses at the institute. The admission to PGP, PGPEX, PGPDGM, EMBA, PhD and MGNF is based on national-level entrance exams, and students must register for these exams separately.

IIM Vishakhapatnam has three-step admission criteria. The standard application procedure to be followed by students applying to IIM Vizag is given below:

• Register online for the GMAT/GRE/CAT/GATE/NET-JRF/CSIR-NET exam.
• The candidates must appear for the respective exam and score well.
• IIM Vizag releases the list of shortlisted candidates for the Written Ability Test (WAT) and Personal Interview (PI) based on the Aggregate Index Score (AIS) and CAT score.
• Selection and seat allotment are based on the category-wise merit list prepared by IIM Vizag.

IIM Vizag Eligibility Criteria

Candidates willing to apply for any courses provided by the Indian Institute of Management Visakhapatnam shall fulfil the admission criteria. Each course offered at the college has different admission criteria and phases, as mentioned below.

MBA Eligibility Criteria 

• Candidate must hold a bachelor’s degree with 50% or equivalent CGPA (SC/ ST/ PWD categories can produce 45% marks).
• Must have scored a valid score in the CAT examination.

PhD Eligibility Criteria

• PG diploma or degree and 3-year UG degree with 50% (or)
• CA (min 50%) or CS/CMA (min 55%) with a B.Com degree (or)
• 4-year B.Tech degree with 6.5 CGPA (or)
• 10+2+5 degree for non-engineering background.
• A valid GMAT/GRE/CAT/GATE/NET-JRF/CSIR-NET score.

Read More: IIM Visakhapatnam Admission

IIM Visakhapatnam Admission Dates 2024

IIM Visakhapatnam admission is currently ongoing for various courses. CAT 2023 is one of the major exams accepted for admission at IIM Visakhapatnam, the important dates related to the exam are mentioned below.

Indian Institute of Management Visakhapatnam Ranking

Indian Institute of Management Visakhapatnam has a wide list of achievements to its credit. In addition to the institute being a 5-star GRIHA-rated campus, the other IIM Vizag rankings have been tabulated below.

IIM Visakhapatnam Courses

IIM Visakhapatnam offers six courses at the postgraduate, doctoral and certificate levels. Additionally, the Indian Institute of Management Visakhapatnam offers several courses at the executive level for upskilling working professionals.

The courses available at IIM Visakhapatnam with specialisations are mentioned below.

Read More: IIM Visakhapatnam Courses

IIM Visakhapatnam Fee Details

Indian Institute of Management Visakhapatnam fee payment can be made online and offline. The fee structure is updated annually. Below are some of the fees for different courses offered by the institute.

Read More: IIM Visakhapatnam Fee Structure

IIM Visakhapatnam Cutoff

IIM Visakhapatnam cutoff 2023 will be released soon after the CAT 2023 cutoff is released. The cutoff is competitive, and the aspirants must aim to score between 90-95% to secure a seat at the institute.

The IIM Visakhapatnam cutoff depends on the difficulty level of the exam, the number of candidates who took the exam, the number of people who passed the exam, the number of seats, and the institute's ranking.

CAT 2023 Section-wise Weightage Distribution

IIM Visakhapatnam CAT Cutoff 2023 (Expected)

Read More: IIM Visakhapatnam Cutoff

IIM Vizag Placements

IIM Visakhapatnam placements 2023 have concluded with a 100% placement rate. The maximum offers were made in the IT and Consulting department (33%), followed by BFSI (26%) and Manufacturing (16%) domains. The key highlights of the recruitment drive are mentioned below.

• The highest package offered was INR 32.65 LPA.
• The average package offered was INR 16.61 LPA.
• The median package offered was INR 16 LPA.

Indian Institute of Management Visakhapatnam Top Recruiters

Indian Institute of Management Visakhapatnam witnessed the participation of 141 recruiters and 95 new recruiters in the event. Major recruiters that visited the IIM Vizag campus are as follows.

Read More: IIM Visakhapatnam Placements

Why Choose IIM Visakhapatnam?

IIM Visakhapatnam conducts several corporate and skill development training for its students. It is located in the salutary Andhra University campus in the Visakhapatnam district. It constantly expands its activity profile in scale and scope, offering distinctive academic and research programs to meet the industry's and government's current and emerging opportunities and reinforcing its credibility as a knowledge-driven entity.

The following reasons make IIM Vizag an attractive choice to pursue higher studies.

1. Competent and Diverse Students

IIM Visakhapatnam has a vibrant student cohort with national character - representing most of the states in India- they excel in academics, co-, and extra-curricular activities and regularly win competitions pan-India.

2. Wide range of Curriculum

IIM Visakhapatnam is one of the nine chosen IIMs in the country to conduct the 2-year Mahatma Gandhi National Fellowship PGM. The institute also conducts ten certificate programmes for working professionals in Digital marketing, operations, supply chain management and human resource management.

3. Entrepreneurship Opportunites

Indian Institute of Management Visakhapatnam has a Technology Incubation and Development of Entrepreneurship (TIDE) Centre under the aegis of MeitY, the Government of India, and a fully funded accelerator program.

The Institute, despite being freshly constituted, has an incubation cell called IIM Visakhapatnam-FIELD (Foundation for Incubation, Entrepreneurial Learning & Development) and a dedicated entrepreneurship cell that caters primarily to women entrepreneurs laying seeds to Women Start-up Program 2018.

IIM Visakhapatnam Infrastructure

IIM Visakhapatnam has a permanent 241.50-acre campus in Andhra Pradesh. Some of the Indian Institute of Management Visakhapatnam infrastructure facilities are given below:

• Classroom
• Hostel
• Library
• Discussion Rooms
• Dining Hall
• Indoor Games like Pool Table, Caroms, Chess, and Table Tennis

Read More: IIM Visakhapatnam Infrastructure

IIM Vizag Scholarships

IIM Visakhapatnam offers scholarships to needy applicants so that they can excel in academics without any hurdles. Details of the Indian Institute of Management Visakhapatnam scholarship are given below.

Read More: IIM Visakhapatnam Scholarships

IIM Visakhapatnam Faculty

IIM Visakhapatnam is a centre of academic excellence that has hosted top Indian faculty for its students. The faculty is highly knowledgeable and experienced. The Mentor Institute recruits the initial faculty team through rigorous screening and assessment.

They have strong academic and research backgrounds, graduating from IIMs and IITs. Teachers from IIM Bangalore and industry experts supplement this cohort.

IIM Visakhapatnam Departments

IIM Visakhapatnam offers various postgraduate programs to its students. Some of the departments at IIM Visakhapatnam are mentioned below.

IIM Visakhapatnam Alumni

IIM Visakhapatnam alumni association was constituted to assist the institute, alumni, and students. Graduates are kept up to date on the latest developments at the institute, and alumni advise current students. Some of the IIM Visakhapatnam notable alumni are mentioned below.

IIM Visakhapatnam Collaborations

IIM Visakhapatnam has signed a Memorandum of Understanding with international institutions. More details are given below.

IIM Visakhapatnam vs Other Top B-Schools

IIM Visakhapatnam has established its place in the top 50 B-schools in the country and aims to scale and be a part of the top 20 management schools in the country. The IIM Visakhapatnam ranking in NIRF 2023 was #29, which was 4 places as compared to the previous year's rank.

The comparison of IIM Vizag to other top B-schools is given below.