IIM Visakhapatnam Placements 2023: Highest & Average Salary Package, Top Companies

  • Visakhapatnam , Andhra Pradesh
  • 4 (1 Reviews)

The IIM Visakhapatnam placements have been successfully concluded for the batch of 2021-2023. IIMV saw the highest package standing at INR 32.65 LPA. The average package offered was INR 16.61 LPA for the year 2023.

In the Indian Institute of Management Visakhapatnam placements 2023, 141 companies participated in campus placements, completing 100% batch placements. IIM Visakhapatnam saw outstanding placement records, with 17% of students achieving dual offers from recruiting companies.

The IIM Visakhapatnam placement cell is responsible for all the placement-related activities like guest lectures for pre-placement training, skill-enhancement workshops, summer internships and other placement-related activities. Reputed organisations like Accenture, Amul, KPMG, Haldirams, Deloitte, Maruti Suzuki, EY and Lakme participated in the IIM Vizag placements.

Table of Contents

IIM Visakhapatnam Placement Highlights 2023

IIM Visakhapatnam shows a strong partnership with various top organisations and companies across India and abroad in their placement process. The detailed highlights for IIM Visakhapatnam placements 2023 are tabulated below.

Particulars Highlights
Placement Percentage 100%
IIM Visakhapatnam Highest Package INR 32.65 LPA
IIM Visakhapatnam Average Package INR 16.61 LPA
IIM Visakhapatnam Median Package INR 16 LPA
Total Number of Recruiters 141
Number of New Recruiters 95
Total Number of Students 193

IIM Visakhapatnam Top Recruiters 2023

IIM Visakhapatnam placements 2023 saw 141 companies visit the campus, offering employment opportunities to every student. Multiple students received a dual offer, with 95 new recruiters joining the 2023 placement drive.

Some of IIM Visakhapatnam top recruiters visiting the campus during placements are listed below.

Lakme KPMG Accenture
Amazon Deloitte Axis Bank
Maruti Suzuki Amul EY

IIM Visakhapatnam Year-Wise Placement Statistics

IIM Vizag placement statistics have constantly been rising every year. The institute saw 100% placements for 2023. Some of the placement statistics of IIM Visakhapatnam, like IIM Visakhapatnam salary trends and other top recruiter details, are mentioned below.

IIM Visakhapatnam Highest Package Statistics

As per the IIM Visakhapatnam salary trend 2023, an increase of 3.32% in the highest salary from the previous year was seen. The graph below exhibits the IIM Visakhapatnam highest package comparison during placements of 2020 to 2023.

IIM Visakhapatnam Highest Package Statistics

IIM Visakhapatnam Average Package Statistics

Tabulated below are the top percentage-wise IIM Visakhapatnam average package details for 2023.

Particulars Average Package Offered
Average Package INR 16.61 LPA
Average Package for Working Professionals INR 18.32 LPA
Average Package Top 10 Percentile INR 29.03 LPA
Average Package Top 25 Percentile INR 23.63 LPA
Average Package Top 50 Percentile INR 20.24 LPA

The graph below depicts the details of the IIM Vizag average package alongside the top 10, 25 and 50 percentile average packages offered to the candidates during placements over the past two years.

A year-on-year increase of 10.29%, 40.44%, 21.86% and 13.58% in average, top 10, top 25 and top 50 percentile average packages, respectively, was seen in 2023.

IIM Visakhapatnam Average Package Statistics

IIM Visakhapatnam Median Package Statistics

The graph below shows the median packages offered during the IIM Vizag placements for the past four years.

IIM Visakhapatnam Median Package Statistics

IIM Visakhapatnam Other Recruiters 2023

Refer to the table below for other top recruiters participating in the Indian Institute of Management Visakhapatnam placements 2023.

3i Infotech HSBC Infosys
Adani GMR Kotak Mahindra Bank
Asian Paints Crompton Zycus
Blue Star Cognizant Yes Bank
Cogoport Airtel Payments Bank WildCraft
Cummins Bandhan Bank Whirlpool
DP Jain GenY Medium Ultratech Cement
Fundwave HEVO TVS
Haldirams IDBI Bank Tresvista
ICICI Bank KENT Mineral RO The Times Group
Integrace Kalolwala and Associates Tech Mahindra
Invesco ICICI Prudential TATA
ICICI Lombard HDFC Bank Reliance Retail
HCLTech Futures First Shaadi.com
Affinity Decimal Point OnePaper
AU Small Finance Bank Comviva Newgen
Bluestone BOSCH Mphasis
Collegedunia Anand Rathi MTR
Future Generali ABSYZ Mahindra Logistics
Mahindra Finance Magic Bricks KredX

IIM Visakhapatnam Sector-Wise Placement Statistics

Several companies join the annual recruitment drive at the IIMV every year. The IIM Visakhapatnam highest package was offered in the IT and Analytics sector.

Refer to the table below for more details regarding the sector-wise IIM Visakhapatnam placements.

Sector Highest CTC Offered Company Name
IT and Analytics Sector INR 26 LPA MAQ Software
Marketing Sector INR 12 - 14 LPA Amazon
BFSI INR 20 - 22 LPA Yes Bank
General Management, Operations and HR INR 15 - 17 LPA Zetwerk
Strategy and Consulting INR 23 LPA Adani

Given below is a graphical representation of the percentage of recruitments each sector hired from the MBA course during the IIM Visakhapatnam placements 2023.

IIM Visakhapatnam Sector-Wise Placement Statistics 2023

IIM Visakhapatnam Role-Wise Placement Statistics 2023

The Indian Institute of Management Visakhapatnam placements 2023 have been concluded. Top recruiters have offered students attractive job opportunities in various corporate industries, working in different roles.

The graph below exhibits the role-wise IIM Visakhapatnam recruitment statistics for 2023.

IIM Visakhapatnam Role-Wise Placement Statistics 2023

IIM Visakhapatnam Domain-Wise Placement Statistics 2023

The IIM Visakhapatnam placements 2023 saw several students being offered job opportunities all over India and abroad. The domain-wise IIM Vizag placements details for the year 2023 are tabulated below.

Domain Top Roles Offered Top Recruiters
Marketing Product Management, Product Marketing, Pre-Sales and Solution, Relationship Manager, Project Management, Business Development Associate, Area Sales Management, Brand Marketing and others Amazon, Amul, Reliance Retail, Whirlpool and others
Strategy and Consulting Business Consultant, Risk Advisory, Solution Advisor, Healthcare, Business Analyst, Strategy Manager, Mergers and Acquisition Advisor and others EY, Cognizant, Deloitte, KPMG, HCLTech and others
Banking Financial Services and Insurance Digital Wealth Management, Financial Planning, Portfolio Strategy, Project Advisory and Structured Finance, Equity Research, Investment Banking, Equity and Risk Management and others SBI Capitals, HSBC, ICICI Bank, IDFC First Bank, Yes Bank and others
General Management, Operations and HR Leadership Trainee, HR Associate, Operations and Supply Chain Associate, Management Trainee, Human Capital Consulting and others Mahindra Logistics, GMR, MTR, Zetwerk, TATA Advanced Systems and others
IT and Analytics Program Management, Product Management, IT Data and Analytics Consulting, IT Transformation, Healthcare Analytics and others Accenture, Tiger Analytics, Cognizant, Amazon, LatentView and others

The graph below shows the details of the domain-wise placement statistics for 2023. The BFSI domain recruited the most students during the IIM Visakhapatnam placements in 2023.

IIM Visakhapatnam Domain-Wise Placement Statistics 2023

IIM Visakhapatnam Alumni Placement Statistics

Over the years, the Indian Institute of Management Visakhapatnam has witnessed several students placed in various reputed organisations. The IIM Visakhapatnam placement report for the alums is displayed in the table below.

Company Name Number of Alumni
IIM Visakhapatnam 82
Ministry of Skill Development and Entrepreneurship 27
HCL Tech 14
Cognizant 11
TATA AIG General Insurance Company Ltd 10
Yes Bank 9
AU Small Finance Bank 9
ICICI Bank 9
KPMG India 9
BYJU’s 11
Amazon 12
IDFC First Bank 16
Deloitte 27
Infosys 8
Vyuham- The Consulting Club, IIM Visakhapatnam 8

IIM Visakhapatnam Placement Cell

The IIM Visakhapatnam placement cell has successfully placed its students in various reputed companies in India and overseas. The cell organises various workshops and training activities to ensure a hassle-free placement procedure. The students are trained to develop decision-making and problem-solving skills alongside verbal and communication skills. A few of the activities of the IIM Visakhapatnam placement cell are mentioned below:

  • Guest Lectures
  • Industrial Seminars
  • Industrial Visits
  • Placement Training
  • Summer and Final Placement Drives
  • Workshops and Projects

IIM Visakhapatnam Placement Process

The recruitment process at the IIMV is coordinated by the Office of Career Development Services (CDS) along with the Student Placement Committee. The steps for conducting the annual IIM Visakhapatnam recruitment drive are described below:

  • The IIM Visakhapatnam placement cell sends invitations and other necessary details for the students to the intended organisations.
  • The employers must complete the job application sent by the IIMV placements team to recruit students.
  • Pre-placement discussions are organised and occur on specific days in the college. The lectures are scheduled once the institute and the firms' negotiations are finalised.
  • Interested students are asked to apply for the organisations participating in the IIM Visakhapatnam placements 2023 drive.
  • The job descriptions, CTCs offered and other relevant information are shared with the students who sit for the selection process.
  • The recruiting organisations visit the campus on appointed days to recruit eligible candidates through several rounds of aptitude examinations, group discussions and interviews.
  • Selected candidates are offered the roles along with the offer letters, which they need to sign and accept.

IIM Visakhapatnam Internship

Internships are an essential part of the IIM Visakhapatnam placements curriculum. Students are encouraged to take up internships to gain real-world corporate industry experience. Several students land a PPO offer during their internship tenure.

IIM Visakhapatnam witnessed an exemplary 123.33% increase in recruiters compared to the previous year. Given below are the internship highlights of the IIM Visakhapatnam placements 2023 for the batch of 2022-2024.

Particulars Highlights
IIM Visakhapatnam Highest Stipend INR 2.5 Lakhs per month
IIM Visakhapatnam Average Stipend INR 79,880 per month
IIM Visakhapatnam Median Stipend INR 70,000 per month
Total Number of Recruiters 134
Number of New Recruiters 96
Number of Eligible Students 272

IIM Visakhapatnam Internship Top Recruiters

Tabulated below are the IIM Visakhapatnam top recruiters participating in the internship drive of 2023.

Adani KPMG Invesco
Bain and Company ICICI Lombard JustDial
BOSCH ICICI Bank Latentview
Cinepolis Heritage Larsen and Toubro
Cognizant Goldman Sachs Masaba
Company Store FUJITSU MAX
Decathlon Deloitte SBI Caps
SBI Life Insurance Schneider Electrics State Street
TATA AIA Life Insurance Yes Bank Ultratech Cement
Tiger Analytics Ceipal Inker Robotics

IIM Visakhapatnam Sector-Wise Internship Statistics 2023

The Visakhapatnam placements observe students being given internship opportunities in different corporate sectors. The details of the sector-wise internship statistics are exhibited in the graph below.

IIM Visakhapatnam Sector-Wise Internship Statistics 2023

IIM Visakhapatnam Vs IIM Kashipur and XIMB

Displayed in the table below is a comparison of the details of IIM Visakhapatnam MBA placements with IIM Kashipur and XIMB.

Particulars IIM Visakhapatnam IIM Kashipur XIMB
Highest Salary Package Offered (2023) INR 32.65 LPA INR 37 LPA (domestic) INR 71.51 LPA
Average Salary Package Offered (2023) INR 16.61 LPA INR 18.11 LPA INR 20.03 LPA
Median Salary Package Offered (2023) INR 16 LPA INR 17.2 LPA INR 19.25 LPA
Number of Recruiters 141 187 71
Number of Offers - 340 356

IIM Visakhapatnam Placements FAQs

What was the highest package offered at IIM Visakhapatnam placements in 2023?

The IIM Visakhapatnam highest package stood at INR 32.65 LPA for the 2023 placement drive.

What was the IIM Visakhapatnam average package offered during the recruitment drive in 2023?

The average package offered at IIM Visakhapatnam placements 2023 was INR 16.61 LPA.

What was the highest stipend offered at IIM Visakhapatnam for the summer internship in 2023?

The highest stipend for the summer internship in 2023 was INR 2.5 Lakhs monthly.

Which IIM Visakhapatnam top recruiters joined the recruitment drive of 2023?

Top organisations like Accenture, HSBC, Goldman Sachs, HDFC Bank, Amul, Lakme, Cognizant and other companies joined the IIM Visakhapatnam recruitment drive of 2023.

Which sectors recruit students during the IIM Visakhapatnam placements?

Students are recruited into BFSI, IT, Manufacturing, Consulting, E-commerce, Logistics, Manufacturing and other sectors during the IIM Visakhapatnam placements.

IIM Visakhapatnam Reviews

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Jaspreet Bhinder Batch 2017 PGPM [Post Graduate Programme in Management]
Reviewed on Nov 11, 2015
4.5 Academics
4 Fees
4 Placements
4.5 Infrastructure
3 Campus

Placements & Internships : Internship options are provided to the students at Indian Institute of Management Alumni network is very effective

Academics & Faculty : The quality and method of teachin

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