Question 1

How many students are offered admission after final shortlist by IIM Visakhapatnam?

Accepted Answer

IIM Visakhapatnam has increased the intake to 340 students to make a final admission offer for its MBA batch 2024. The present IIM Visakhapatnam 2022-24batch size comprises 272 students.

Question 2

How is the hostel facility at IIM Visakhapatnam?

Accepted Answer

Hostel rooms are allotted on a double occupancy basis. The rooms are well-equipped with modern facilities and amenities for a comfortable stay and provide a full concentration while learning. IIM Vishakhapatnam students are housed in 2 separate buildings near campus and the college provides transport facilities. Other facilities at IIMV hostel include Wifi & TV, Refrigerator, Discuss Room, Dining hall, indoor games like pool table, carom, chess, table tennis, etc.

Question 3

What are the scholarships provided to the students of IIM Visakhapatnam?

Accepted Answer

Various types of scholarships are awarded to the students at the institute, which are:Ministry of Tribal Affairs Scholarship (ST)Ministry of Social Justice and Empowerment Scholarship (SC)Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)Merit Cum Means Scholarship For Professional and Technical Courses CSAditya Birla ScholarshipCiti Womens Leader Award

Question 4

How is the placement at IIM Visakhapatnam?

Accepted Answer

IIM Vishakhapatnam has been providing 100% placements to all the candidates. In the placement drive of 2024, the Highest CTC stood at INR 43.25LPA and the Average CTC stood at INR 15.64LPA. IIMV 2024placements drive was attended by 177recruiters where 117recruiters were new.

Question 5

Does IIM Visakhapatnam has a permanent campus?

Accepted Answer

No, IIM Visakhapatnam does not have a permanent campus, for now, however, 241.50 acre land for campus construction has been allocated and construction is ongoing. IIM Visakhapatnam is currently located in its temporary Andhra University campus in the City of Destiny, Visakhapatnam.

Question 6

How to reach the IIM Visakhapatnam?

Accepted Answer

Candidate can reach to the address: Indian Institute of Management Visakhapatnam, Andhra Bank School of Business Building Andhra University Campus, Visakhapatnam Andhra Pradesh 530 003, India and contact to the office by :- 7993179328.

Question 7

Is IIM Visakhapatnam worth joining?

Accepted Answer

Yes, joining IIM Visakhapatnam is totally worthwhile. The institute provides total return on investment and gives tough competition to the new generation IIMs. Considering the placements, infrastructure and education quality, IIM Visakhapatnam is a good option to pursue management studies.

Question 8

What are the prospects after graduating from IIM Vizag?

Accepted Answer

IIM Vizag provides excellent summer internship opportunities to its students and brilliant final placements at the top companies and organizations with amazing salary packages ranging from INR 8 LPA to INR 20 LPA.

Question 9

What CAT percentile do I need for the IIM Visakhapatnam?

Accepted Answer

Students seeking admission in IIM Visakhapatnam MBA programme are required to have a minimum of 82CAT overall percentile while a minimum of 70 sectional cutoffs for each section- QA, DILR and VRC for the general category. Check IIM Visakhapatnam Cutoffs.

Question 10

What is the average salary package of IIM Visakhapatnam?

Accepted Answer

As per the placements statistics of 2024, IIM Visakhapatnam has recorded 100% placements for its MBA batch with an average CTC of INR 15.64LPA. Check IIM Visakhapatnam Placements.

Question 11

How much amount is needed to be paid at the time of IIM Visakhapatnam PGP offer acceptance?

Accepted Answer

You need to pay an initial offer acceptance fee of INR 50,000/- for the PGP Programme. More details regarding the PGP fee payment will be sent through the mail to the shortlisted students along with the admission offer letter.

Question 12

Does IIM Visakhapatnam have its own hostel?

Accepted Answer

IIM Visakhapatnam is currently functioning from a temporary campus located inside Andhra University. The institute has rented whole buildings nearby the campus on an exclusive occupancy basis to serve as hostels. IIM Visakhapatnam itself arranges transportation for students commuting between hostels and the campus.

Question 13

Will IIM Visakhapatnam provide Global Immersion Programme to its PGPEx students?

Accepted Answer

Yes, IIMV International immersion will be offered to the PGPEx students as an optional elective course. Participants who wish to enroll in this course need to pay an additional fee for the program along with the Term IV registration fee.

Question 14

Does IIM Visakhapatnam provide scholarship facilities to its students?

Accepted Answer

Yes, IIM Visakhapatnam has introduced a merit-based scholarship for PGP students as a waiver of tuition fees. Additionally, need-based scholarships, External Scholarships, and financial aid for family income below 6 Lakhs are also offered to the students.

Question 15

Is it worth doing MBA from IIM Visakhapatnam?

Accepted Answer

IIM Visakhapatnam is considered one of the best baby IIMs in the country. IIMV is a high RoI institute where the placement record is 100%. During IIV Placement 2023, the highest salary stood at INR 32.65 LPA and the average salary was recorded as INR 16.61 LPA.

Question 16

How is the hostel facility at IIM Visakhapatnam?

Accepted Answer

Hostel rooms are allotted on a double occupancy basis. The rooms are well-equipped with modern facilities and amenities for a comfortable stay and provide a full concentration while learning. IIM Vishakhapatnam students are housed in 2 separate buildings near campus and the college provides transport facilities. Other facilities at IIMV hostel include Wifi & TV, Refrigerator, Discuss Room, Dining hall, indoor games like pool table, carom, chess, table tennis, etc.

Question 17

Is IIM Visakhapatnam good for MBA?

Accepted Answer

IIM Visakhapatnam is good for MBA since it has been ranked 29th by NIRF 2023 among the top management institutes in India. Even after being a new-generation IIM, IIM Visakhapatnam has made a place for itself with its excellent faculty and placements.

Question 18

Is it easy to get into IIM Visakhapatnam?

Accepted Answer

It is not that easy to get into IIM Visakhapatnam, because you have to clear the CAT exam which is challenging for most people. One needs to Percentile above the 80 percentile in CAT to get shortlisted in the first round and then have to also perform well in the interview.

Question 19

What is the CAT cut-off for IIM Visakhapatnam?

Accepted Answer

The overall CAT cut-off for IIM Visakhapatnam is 82, and the sectional cut-off is 70 for all sections.

Question 20

Is it worth joining IIM Visakhapatnam?

Accepted Answer

Yes, it is worth joining IIM Visakhapatnam as the first reason is the IIM brand tag, which has a high value among recruiters. Secondly, the curriculum is not exactly but almost similar to other IIMs, which is highly rigorous. Their placements are good, has a 100% placement record in 2023and some of the top companies like Amazon, Cognizant, Deloitte, HCL, HSBC, HDFC Bank, and ICICI Bank. etc visit the campus.

Question 21

What are the fees for MBA in IIM Visakhapatnam?

Accepted Answer

The MBA program fee at IIM Visakhapatnam is INR 17,82,960.

Question 22

What is the median salary of IIM Visakhapatnam?

Accepted Answer

The median salary of IIM Visakhapatnam in the 2023 placement drive was INR 16 LPA, whereas, in 2022 placements, it was INR 15.46 LPA.

Question 23

Do freshers get good placement in IIM Visakhapatnam?

Accepted Answer

Looking at the placement records of the last 3 years, IIM Visakhapatnam has been showing a 100% placement record. So the institute has been doing its best to get all the students placed, whether it's a fresher or somewhat with experience.

Question 24

How can I study MBA for free at IIM Visakhapatnam?

Accepted Answer

There are two ways, a student can study for free at IIM Visakhapatnam:Financial Aid: IIM Visakhapatnam offers financial aid to students who have an annual household income of less than 6 lakhs. These need-based students are evaluated in four categories and given a financial Percentile. Based on these Percentiles the applicant is provided with 100%, 80%, 60%, 40%, or 20% financial aid.Scholarship: There are scholarships available for ST and SC students in which the tuition fees are covered in full.

Question 25

Are hostel fees included in the IIM Visakhapatnam fees?

Accepted Answer

No, the fees of INR 17,82,960 does not include hostel fees.

Question 26

Is it compulsory to stay in the hostel at IIM Visakhapatnam?

Accepted Answer

Yes, the MBA program at IIM Visakhapatnam is a residential program, so it is mandatory for the students to stay in the campus hostel.

Question 27

What was the salary offered in the placements 2023 at IIM Visakhapatnam?

Accepted Answer

In the placement drive of 2023, the highest package stood at INR 32 LPA whereas the average stipend stood at INR 15.5 LPA.

Question 28

How was IIM Visakhapatnam Placements 2022?

Accepted Answer

During IIM Visakhapatnam Placements 2022, the highest salary stood at INR 31.60 LPA. Students received an average salary of INR 15.06 LPA. Top 10% of the students received an average salary of INR 20.67 LPA, top 25% of the students received an average salary of INR 19.39 LPA & top 50% of the students received an average salary of INR 17.82 LPA. The median salary stood at INR 15.46 LPA. The participating batch achieved 100% placements.

Question 29

What was the IIM Visakhapatnam average package?

Accepted Answer

The average package stood at INR 15.06 LPA during IIM Visakhapatnam Placements 2022.

Question 30

What was the IIM Visakhapatnam highest package?

Accepted Answer

The highest package stood at INR 31.60 LPA during IIM Visakhapatnam Placements 2022.

Question 31

How many recruiters visited the campus during IIM Visakhapatnam Placements 2022?

Accepted Answer

86+ recruiters visited the campus during IIM Visakhapatnam Placements 2022.

Question 32

What was the median salary received during IIM Visakhapatnam Placements 2022?

Accepted Answer

The median salary stood at INR 15.46 LPA during IIM Visakhapatnam Placements 2022.

Question 33

Which recruiters participated during IIM Visakhapatnam Placements 2022?

Accepted Answer

Recruiters like Amazon, BYJUs, Deloitte, HCL, HDFC Bank etc participated during IIM Visakhapatnam Placements 2022.

Question 34

What was the highest stipend received during IIM Visakhapatnam Summer Internship Placements 2023?

Accepted Answer

The highest stipend stood at INR 3.5 Lakhs per month during IIM Visakhapatnam Summer Internship Placements 2023.

Question 35

What was the average stipend received during IIM Visakhapatnam Summer Internship Placements 2023?

Accepted Answer

The average stipend stood at INR 57 K per month during IIM Visakhapatnam Summer Internship Placements 2023

Question 36

What is the NIRF Ranking for IIM Visakhapatnam?

Accepted Answer

IIM Visakhapatnam has been ranked 33 by NIRF Ranking 2022.

Question 37

What is IIRF Ranking 2023 and 2022 for IIM Visakhapatnam?

Accepted Answer

IIRF Ranking for IIM Visakhapatnam is 29 for the year 2023 and 30 for the year 2022.

Question 38

What rank does IIM Visakhapatnam have?

Accepted Answer

IIM Visakhapatnam has been awarded a rank of 33 by NIRF 2022 Ranking (i.e. National Institutional Ranking Framework). IIRF has ranked IIM Visakhapatnam as 29 in the year 2023 and 30 in the year 2022. Outlook I Care has ranked the institute 28th in the ranking list.

Question 39

What are the top three ranked institutes by NIRF 2022 and their scores?

Accepted Answer

IIM Ahmedabad , IIM Bangalore and IIM Calcutta have been ranked as the top 3 institutes with parametric scores as 83.35, 82.62, 78.64 respectively.

Question 40

What is NIRF Ranking for MBA/PGDM courses at IIM Visakhapatnam?

Accepted Answer

IIM Visakhapatnam MBA/PGDM courses have been ranked 33 out of 125 by NIRF Ranking Surveys 2022.

Question 41

What are the parameters for NIRF Ranking?

Accepted Answer

The parameters that decide the NIRF Ranking for any institute include Teaching Learning & Resources, Research and Professional Practice, Graduation Outcome, Outreach and Inclusivity, Perception and an Overall Score.

Question 42

What is IIM Visakhapatnam Cutoff?

Accepted Answer

IIM Visakhapatnam CAT Qualifying Cutoff 2023 is 80 percentile for general category.

Question 43

What are the category - wise cutoffs of IIM Visakhapatnam?

Accepted Answer

The below table represents IIM Visakhapatnam CAT cutoff required for different categories:CategoriesOverall PercentileVARC PercentileDILR PercentileQA PercentileGeneral80707070EWS72636363NC-OBC72636363SC45404040ST35303030PwD35303030

Question 44

What are the section - wise weightages of IIM Visakhapatnam CAT Cutoff 2023?

Accepted Answer

The below table represents the scores allotted to each section of the CAT examination:ParticularsCAT Sectional WeightageQuantitative Aptitude (QA)18 PointsData Interpretation & Logical Reasoning (DILR)14 PointsVerbal & Reading Comprehension (VRC)18 PointsTotal40 Points

Question 45

What are the final selection criteria of IIM Visakhapatnam Admission?

Accepted Answer

The below table represents the parameters & weightage for final score calculation of IIM Visakhapatnam admission:ParticularsFinal Aggregate Scores WeightageCAT Score25PI48Class 104Class 124Graduation4Diversity (Gender & Academic)5Weightage for Work Experience10Total100

Course	Fees	Eligibility	Application Date
(1.1K Views) Master of Business Administration [MBA]	₹9.25 Lakhs (1st Year Fees)	Graduation with 50%	3 Jan - 23 May 2024
(614 Views) PG Program 2 Courses	₹10.8 Lakhs - 16.5 Lakhs (Total Fees)	Graduation with 55% + CAT	3 Jan - 23 May 2024
(112 Views) Mahatma Gandhi National Fellowship (MGNF)	₹6 Lakhs (1st Year Fees)	Graduation	13 Feb - 27 Mar 2024
(915 Views) EMBA	₹5.4 Lakhs (1st Year Fees)	Graduation with 50%	1 Dec - 20 Apr 2024
(51 Views)	₹8.91 Lakhs (1st Year Fees)	Graduation	-
(38 Views) Ph.D	₹10 Lakhs (Total Fees)	Post Graduation	30 Jan - 21 Mar 2024

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Indian Institute of Management - [IIM], Kashipur	₹2000000
IIMK - Indian Institute of Management, Kozhikode	₹1025000
Indian Institute of Management - [IIMN], Nagpur	₹945000
IIM Rohtak Indian Institute of Management, Rohtak	₹1902515
Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai	₹425000

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