Indian Institute of Management Visakhapatnam (IIM) Visakhapatnam: Highlights, Important Dates, Admission, Courses & Fees, Cut off, Placements, Scholarships, Ranking, Top Recruiters, FAQS
The Indian Institute of Management Visakhapatnam, also known as IIM Visakhapatnam or IIM V, is one of the leading management institutes in India. Established in 2015, the school is part of the prestigious IIM family and is recognized for excellence in management education, research, and entrepreneurship. Located in the beautiful city of Visakhapatnam, also known as Vizag, the university benefits from a location that combines natural beauty with an industrial and commercial environment.
Indian Institute of Management Visakhapatnam was established under the leadership of IIM Bangalore, establishing a solid foundation and adhering to high academic standards since its inception. The university offers several programs, including its Graduate Business Program (PGP), which is similar to an MBA. We also offer executive education programs, doctoral programs, and professional management development programs designed to meet the needs of practicing professionals and industry leaders.
IIM Visakhapatnam’s curriculum is rigorous and innovative, designed to equip students with the knowledge, skills, and attitudes needed to excel in the global business environment. The University’s teaching staff are renowned academics and industry experts who bring a mix of theoretical and practical knowledge to the classroom. The pedagogy emphasizes a holistic approach to learning, incorporating case studies, experiential learning, projects, and interaction with industry.
Research is the cornerstone of the Indian Institute of Management Visakhapatnam mission and focuses on generating useful ideas to solve global problems. The university encourages faculty and students to engage in innovative research in a variety of disciplines. This commitment to research excellence is supported by innovative infrastructure and collaboration with leading institutions and commercial partners.
Campus life at Indian Institute of Management Visakhapatnam is vibrant and dynamic and offers students many opportunities for personal and professional growth. The Institute promotes a culture of innovation, leadership, and entrepreneurship through a variety of student-led clubs, committees, and programs. Lectures, workshops, and guest lectures by prominent people in the business world will enhance your learning experience.
IIM Visakhapatnam focuses on industrial relations and partnerships. We regularly host conferences, seminars, and panel discussions where academia and industry come together to discuss current business issues. This placement not only gives students an insight into current trends and practices but also creates internships and career opportunities in top companies.
In a short period, the Indian Institute of Management Visakhapatnam has established itself as a center of excellence in management education. Students have made significant contributions in various fields in India and around the world, reflecting the Institute’s commitment to nurturing future global leaders. As IIM Visakhapatnam continues to grow, it remains committed to its vision of producing competent management professionals and contributing to broader socio-economic development.
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Table of Contents
- Indian Institute of Management Visakhapatnam (IIM) Visakhapatnam: Highlights, Important Dates, Admission, Courses & Fees, Cut off, Placements, Scholarships, Ranking, Top Recruiters, FAQS
- MBA/PGDM ADMISSION DEADLINE !! APPLY NOW
- Highlights
- Courses Offered
- Important Dates
- MBA/PGDM ADMISSION DEADLINE !! APPLY NOW
- Admission
- CUT-OFF
- ranking
- scholarships
- Placements 2024
- Top Recruiters 2024
- FAQS- FREQUENTLY ASKED QUESTIONS
Highlights
| Particulars | Statistics |
| Established | 2015 |
| Also Known As | IIMV |
| 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 |
| No. of faculty | 35 |
| Scholarship | 7 |
| Highest CTC | Rs 27 LPA (2020) |
| Average CTC | Rs 13.08 LPA (2020) |
Courses Offered
| Courses | Tuition Fees | Eligibility |
|---|---|---|
| MBA/PGDM (3 courses) | 16.1 L – 16.5 L | Graduation: 55 % Exams: CAT |
| Executive MBA/PGDM (2 courses) | 10.8 L | Graduation: 50-55 % Exams: CAT |
Important Dates
| Dates | Upcoming Events |
|---|---|
| Aug ’24-Sep ’24 | CAT 2024 registration (Tentative) |
| Oct ’24-Nov ’24 | CAT 2024 admit card download (Tentative) |
| 24 Nov ’24 | CAT 2024 exam |
| Dec ’24 | CAT 2024 result announcement (Tentative) |
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Admission
IIM Visakhapatnam Admission Process 2024
The admission process for the Indian Institute of Management Visakhapatnam for 2024 is currently underway, following the release of the CAT 2023 results. Prospective students can complete the application process online. Admission to all programs is strictly based on entrance exams followed by an interview round.
The Indian Institute of Management Visakhapatnam offers a variety of postgraduate and doctoral programs, including PGP, PGPEx, PGPDGM, EMBA, PhD, and MGNF. The PGP (Post Graduate Program) is the flagship course of the institute.
Admission Criteria
For PGP/MBA Programs:
- Entrance Exam: Admission is through the Common Admission Test (CAT).
- Interview: Candidates who clear the CAT cutoffs will be invited for a Personal Interview round.
For PGPDGM and PGPEx Programs:
- Entrance Exams: A valid score in CAT, GATE, GMAT, GRE, or the IIMV Test is required.
- Interview: Candidates will also need to clear an interview round.
Application Process
The application process is entirely online. Candidates should visit the official Indian Institute of Management Visakhapatnam website to fill out the application form and upload the necessary documents, including entrance exam scores and academic records.
Key Points for Applicants
- Prepare for the Entrance Exams: Focus on achieving a high score in the required entrance exams.
- Personal Interview: Be well-prepared for the interview by knowing your resume, understanding your career goals, and staying informed about current affairs.
- Organize Your Application: Keep track of all deadlines and ensure all required documents are ready before you start the application process.
Admission Highlights 2024
| Particulars | IIM Vizag Admission Highlights 2024 |
|---|---|
| Mode of Study | Full-Time/ Residential/ Programmes for Working Professionals |
| Programme Offered | 5 courses across multiple specializations |
| Admission status 2024 | Open |
| How to apply? | iimv.ac.in (IIM Visakhapatnam website) |
| The level of the program offered | PG | Doctoral |
| Popular program | PGP I EMBA |
Eligibility & Selection
| Course Name | Eligibility Criteria | Selection Criteria |
|---|---|---|
| MBA/PGDM | Bachelor’s degree with 50% aggregate or equivalent CGPA. Candidates belonging to SC/ ST/ PwD categories are given a relaxation of 5% in the minimum requirement of marks | CAT plus Personal Interview(Download Test paper: FREE CAT Mock Test) |
| Executive MBA/PGDM | Bachelor’s degree with 50% aggregate or equivalent CGPA. 45% for NC-OBC/ EWS category and 40% for SC/ ST/ PWD category candidates | CAT/ GRE/ GMAT/ Executive Management Aptitude Test (EMAT) plus Personal Interview |
| PGPEx | Bachelor’s degree with 55% aggregate and a relevant work experience | GMAT/ GRE/ IIMV Test plus Interview |
| PGPDGM | Bachelor’s degree with 55% aggregate and a relevant work experience | CAT/ GMAT/ GRE/ GATE/ IIMV Test plus Personal Interview |
IM Visakhapatnam Fees 2024
The fee structure at the Indian Institute of Management Visakhapatnam varies depending on the program. The fees range from INR 10.8 lakh to INR 17.8 lakh. Below is a detailed table outlining the fees for different programs offered by IIM Visakhapatnam:
| Course Name | Total Tuition Fees |
|---|---|
| MBA/ PGDM | INR 16.1 lakh to INR 17.8 lakh |
| Executive MBA/ PGDM | INR 10.8 lakh |
Indian Institute of Management Visakhapatnam Seats 2024
The seat intake at the Indian Institute of Management Visakhapatnam varies across its postgraduate and doctoral programs. For the PGP batch, the planned seat intake is 340. Below is a detailed breakdown of the seat intake for various programs offered by IIM Visakhapatnam:
| Course Name | Seat Intake |
|---|---|
| MBA/ PGP | 340 |
IIM Visakhapatnam Admission Process 2024
Admissions are now open for the 2024-2026 batch at the Indian Institute of Management Visakhapatnam. The process is structured to ensure a comprehensive evaluation of candidates for various programs. Here is an overview of the admission process for 2024:
Step 1: Application Process
The application process for Indian Institute of Management Visakhapatnam is conducted online. For admission to PGP, EMBA, and PGPDGM programs, candidates must register for the CAT on the official website iimcat.ac.in. For PhD and PGPEx courses, applications should be submitted through the official IIM Visakhapatnam website. After the announcement of CAT 2024 results, candidates must complete a detailed online application form for the MBA course at IIM Visakhapatnam.
Step 2: Personal Interview
Candidates who meet the minimum percentile requirements and complete the online application form will be deemed ‘Qualified Confirmed Candidates.’ Indian Institute of Management Visakhapatnam will then calculate weighted scores based on several factors, including CAT scores, Class 10 and 12 marks, Bachelor’s degree, diversity, and work experience. Based on these scores, candidates will receive interview calls and must appear for a Personal Interview. The interview round for PhD, PGPEx, and PGPDGM programs is conducted after the release of the selection list.
Step 3: Final Selection
The final selection process involves calculating the ‘Final Aggregate Score’ based on various parameters such as the Personal Interview, CAT scores, Class 10 and 12 marks, Bachelor’s degree, diversity, and work experience. The final shortlist for the MBA/PGP program will be based on these comprehensive criteria.
For other programs, the final selection is based on a combination of factors including CAT/GMAT/GRE/IIMV Test scores, diversity, technical knowledge and domain experience, Statement of Purpose (SOP), professional references, and Personal Interview scores.
Step 4: Admission Confirmation
Selected candidates can confirm their admission by paying the requisite fees for the Indian Institute of Management Visakhapatnam MBA program.
Note
Candidates shortlisted and interviewed by IIM Bangalore, Kozhikode, Lucknow, or Indore (for their PGP/PGPM programs) are exempt from appearing for the Personal Interview at IIM Visakhapatnam. Instead, the average of their Interview scores from these IIMs will be used to calculate their Interview score for Indian Institute of Management Visakhapatnam.
CUT-OFF
IIM Visakhapatnam Cutoff 2023 – CAT Cutoff for PI Shortlisting
IIM Visakhapatnam has announced the minimum qualifying CAT cutoff for 2023 admissions to its PGP courses. According to the official data, the overall CAT percentile required for General All India category candidates is 82. The PI shortlist form has been released, and the Personal Interview (PI) round is scheduled for April 2024. Candidates aiming for Indian Institute of Management Visakhapatnam MBA admission can refer to the table below for the qualifying sectional cutoffs for different categories:
| Category | VARC | DILR | QA | Overall |
|---|---|---|---|---|
| General | 70 | 70 | 70 | 82 |
| EWS | 63 | 63 | 63 | 72 |
| NC-OBC | 63 | 63 | 63 | 72 |
| SC | 40 | 40 | 40 | 50 |
| ST | 30 | 30 | 30 | 40 |
| PwD | 30 | 30 | 30 | 40 |
IIM Visakhapatnam Cutoff Year Wise Comparison 2023, 2022, 2021
Indian Institute of Management Visakhapatnam admits students to its Management courses based on valid CAT scores. For MBA admissions, candidates must meet both the overall and sectional CAT cutoffs. Historically, the overall cutoff for the General All India category has been around the 92nd percentile.
The specific CAT cutoffs are not publicly disclosed and can only be accessed by candidates through their account login after appearing for the exam. However, the table below provides an estimated comparison of the final CAT percentiles required for various categories over the past few years:
Post-Graduate Program in Management for the Centrally Funded Technical Ins: CAT percentile Cutoff (General-All India)
| Section | 2021 | 2022 | 2023 |
|---|---|---|---|
| Overall | 92 | 92 | 92 |
| Quants | 92 | 92 | 92 |
| VA-RC | 92 | 92 | 92 |
| DI-LR | 92 | 92 | 92 |
Post Graduate Program in Digital Governance and Management (PGPDGM) : CAT percentile Cutoff (General-All India)
| Section | 2023 |
|---|---|
| Overall | 92 |
| Quants | 92 |
| VA-RC | 92 |
| DI-LR | 92 |
ranking
MBA/PGDM
| Ranked by | 2022 | 2023 |
|---|---|---|
| NIRF | 33 | 29 |
scholarships
Scholarship Opportunities at Indian Institute of Management Visakhapatnam
Indian Institute of Management Visakhapatnam offers scholarships to financially unstable candidates to support their educational pursuits. All PGP students with an annual household income below INR 6,00,000 are eligible to apply for financial aid. Additionally, students facing severe financial difficulties due to sudden unforeseen circumstances may also be considered.
Two-Step Scholarship Evaluation Process
Stage 1: Financial-status Score
Students are assigned a Financial-status Score based on the following criteria:
- Annual Gross Household Income: Includes the income of the student if employed before joining IIMV, and any outstanding loans (excluding those for conspicuous consumption).
- Household Savings
- Real Estate Assets
- Other Assets
Stage 2: Personal Interaction
Based on the financial status Score, selected students are invited for a personal interaction with a faculty panel. During this interaction, the panel evaluates the financial needs of the student and verifies the details provided in the application. A financial score is then assigned.
Final Aid Decision
The financial aid awarded is based on the weighted average of the financial score and the financial score from the personal interaction. Applicants can receive 100%, 80%, 60%, 40%, or 20% financial aid.
Required Documents for Program Registration
Students must prepare the following documents by the time of program registration:
- Income Certificate
- IT Returns for the Last Two Years
- Household Savings Documents
- Property Documents
- Other Asset Documents: Includes items such as two-wheelers, four-wheelers, washing machines, refrigerators, home theaters, ACs, TVs, digital/video cameras, etc.
- Loan Documents (if any)
- EMI Payment Receipts (if any)
This structured approach ensures that deserving candidates receive the necessary financial support to continue their education at the Indian Institute of Management Visakhapatnam.
Placements 2024
A total of 26 students received dual offers and 43 students received PPOs during Indian Institute of Management Visakhapatnam PGP placements 2024. Further, the key highlights of IIM Vizag PGP placements 2024 as compared with 2023 are presented below:
| Particulars | PGP Placement Statistics (2023) | PGP Placement Statistics (2024) |
|---|---|---|
| Highest package | INR 32.65 LPA | INR 43.25 LPA |
| Average package | INR 16.61 LPA | INR 15.61 LPA |
| Median package | INR 16 LPA | INR 15.5 LPA |
| Placement rate | 100% | 100% |
| Top recruiting sector | IT & Consulting (33% recruiters) | BFSI (34% recruiters) |
| Companies visited | 141 | 177 |
| New recruiters | 95 | 117 |
IIM Visakhapatnam Average Package 2024
During the 2024 placements at the Indian Institute of Management Visakhapatnam, the average package offered for the PGP program was INR 15.61 LPA. Over the past three years, there has been a fluctuating trend in the average package offered, as shown below:
| Course | Average Package (2022) | Average Package (2023) | Average Package (2024) |
|---|---|---|---|
| PGP | INR 15.06 LPA | INR 16.61 LPA | INR 15.61 LPA |
Below is the average package offered during placements at the Indian Institute of Management Visakhapatnam across different batches over the last three years:
| Particulars | PGP Average Package (2022) | PGP Average Package (2023) | PGP Average Package (2024) |
|---|---|---|---|
| Top 50% batch | INR 17.82 LPA | INR 20.24 LPA | INR 18.53 LPA |
| Top 25% batch | INR 19.39 LPA | INR 23.63 LPA | INR 21.05 LPA |
| Top 10% batch | INR 20.67 LPA | INR 29.03 LPA | INR 24.62 LPA |
Top Recruiters 2024
| Top Recruiters (2024) | |
|---|---|
| Accenture | TVS |
| Airtel | Cognizant |
| Infosys | Axis Bank |
| KPMG | PwC |
| GMR | Goldman Sachs |
FAQS- FREQUENTLY ASKED QUESTIONS
When was IIM Visakhapatnam established?
IIM Visakhapatnam was established in the year 2015 as one of the newer IIMs in India. It was set up to extend the reach of quality management education to different regions of the country.
What programs does IIM Visakhapatnam offer?
IIM Visakhapatnam offers various management programs, including postgraduate programs like the Post Graduate Program in Management (PGP) and other specialized programs. The institute also provides doctoral programs for those interested in pursuing management research.
What is the teaching methodology at IIM Visakhapatnam?
IIM Visakhapatnam employs a comprehensive teaching methodology that includes interactive classroom sessions, case studies, group discussions, workshops, industry interactions, and hands-on projects. This ensures students receive a balanced education that combines theoretical knowledge with practical insights.
How are placements at IIM Visakhapatnam?
Placements at IIM Visakhapatnam have been commendable since its inception. The institute maintains strong ties with various industries and corporations, facilitating internships and final placements for its students. The dedicated placement cell assists students in securing promising job opportunities.
What sets IIM Visakhapatnam apart from other B-schools?
IIM Visakhapatnam stands out for its commitment to fostering innovation, entrepreneurship, and industry engagement. The institute’s emphasis on a holistic learning experience, rigorous curriculum, and experiential learning opportunities distinguishes it from other business schools.
What type of faculty does IIM Visakhapatnam have?
The faculty at IIM Visakhapatnam comprises experienced academics and industry experts. They bring a blend of theoretical knowledge and practical experience to the classroom, ensuring students receive an education that aligns with real-world business challenges.
How is the campus life at IIM Visakhapatnam?
Campus life at IIM Visakhapatnam is vibrant and diverse. The institute offers various student clubs, committees, and events that encourage participation in extracurricular, cultural, and academic activities. This creates an atmosphere of learning, collaboration, and personal growth.
What is the vision of IIM Visakhapatnam?
The vision of IIM Visakhapatnam is to be recognized as a global institution that nurtures socially responsible and innovative leaders. The institute aims to contribute to society and the business world through excellence in education, research, and industry partnerships.
How can I apply to IIM Visakhapatnam?
The application process for admission to various programs at IIM Visakhapatnam generally involves applying online, appearing for entrance exams such as CAT (Common Admission Test), followed by group discussions and personal interviews for shortlisted candidates.