Your job prospects are directly related to your line of specialization and the related opportunities available. It all depends on the companies whose requirements match your profile.
Many small cities and towns still lack job prospects for an MBA graduate even if he has the degree of an IIM. So it’s better you grab the best opportunities during the final placements itself. After that, depending on your performance you can climb the ladder and avail a plethora of job opportunities.
So if you are planning to settle in Visakhapatnam your prospects are a little bleak because it is a small city.
The financial aid offered by IIM Visakhapatnam is solely need-based. One needs to produce important documents like bank statements and property papers. The upper limit for family income is INR 6 LPA but one can avail of the loan under special circumstances le medical issues or earlier loans.
You can get more details regarding the same matter once you reach the campus. They give you enough time to gather the documents before sanctioning the loan.
If you have these options then you can kick out TAPMI first of all. IIM tag is much worth it if you consider current industry growth. There are multiple factors to consider between IIM Vizag and IIM Raipur.
First of all, is placements, IIM Raipur has better placements than Vizag. The average salary package for IIM Raipur is around 16-17 LPA while for Vizag it is around 13-14 LPA. IIM Raipur is a new generation IIM established in 2010 while Vizag was set up in 2015. So, IIM Raipur is a clear choice among the three.
As a current student at IIM Vizag, you can vouch for the fact that the institute has outperformed many of the newer IIMs despite being relatively young. The placement report available on the official website speaks to the confidence that the industry has in the institute and its students, and this is reflected in the strong job offers received by graduates.
But beyond just looking at placement reports, it is important for MBA students to have exposure to real-world business problems, and IIM Vizag provides this through classroom discussions, guest lectures, business conclaves, and corporate competitions.
In addition to academic pursuits, life at IIM Vizag is enriched by a range of festivals, celebrations, competitions, and cultural and sports events. Nurtured by its parent institute IIM Bangalore and supported by a talented faculty, IIM Vizag offers a vibrant and fulfilling experience for students, and if you are fortunate enough to be selected for the program, you can look forward to living and studying in the beautiful city of Visakhapatnam.
Though the CAT cut-offs vary every year, it is generally seen to have close proximity in consecutive years. Here are the data for 2020, along with sectional cut-offs, for every category.
2020 Cutoff:
Category |
VARC (percentile) |
LRDI (percentile) |
QUANT (percentile) |
Overall (percentile) |
General |
80 |
80 |
80 |
85 |
OBC-NCL |
70 |
70 |
70 |
75 |
EWS |
70 |
70 |
70 |
75 |
SC |
50 |
50 |
50 |
55 |
ST |
30 |
30 |
30 |
40 |
PWD |
30 |
30 |
30 |
40 |
The cutoff depends on many parameters and not just only on the CAT score. For example, candidates from non-engineering backgrounds can have a lower cutoff score but still secure a seat due to the diversity point.
Every year, the final selection phase gets completed tentatively by April and the candidates get emails regarding the information and further communication. After being selected, candidates have to reconfirm their choice within a fixed amount of time, and only then they are further communicated and invited for the following rounds.
Some of the famous alumni of IIM Visakhapatnam include: