Master of Business Administration [MBA] From IIM Visakhapatnam, Visakhapatnam
| Year | 1 | 2 |
|---|---|---|
| Total Year Wise fees | ₹9.25 Lakhs | ₹9.00 Lakhs |
| Total Fees | ₹925125 | ₹900125 |
| Tuition fees | ₹925125 | ₹900125 |
IIM Visakhapatnam Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
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IIM Visakhapatnam Master of Business Administration [MBA] Ranking
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Course Details
Latest Update: IIM Visakhapatnam has released the phase 1 shortlist for the PGP batch of 2024-26. The PI will be held from April 10 – May 06, 2024.
IIM Visakhapatnam offers a 2-Year, Full-time MBA (Post Graduate Program). Candidates with a Bachelor’s Degree and a Valid CAT Score are eligible to apply for the program. IIM Visakhapatnam MBA fees for batch 2024-26 is INR 17,82,960. IIM Visakhapatnam MBA Cutoff is 82 Percentile (Overall) and 70 Percentile (Sectional).
able of Content
IIM Visakhapatnam MBA Important Dates 2024
| Event | Dates |
|---|---|
| Phase 1 Shortlist | January 6, 2024 |
| Application Submission | January 6 - March 4, 2024 (1 PM) |
| Edit Window for Application | March 5 - 8, 2024 |
| Call for Personal Interview | April 1 - 3, 2024 |
| Personal Interview (Online mode) | April 10 - May 6, 2024 |
| Final Admission offers | May 20, 2024 |
| Registration | June 24, 2024 |
IIM Visakhapatnam MBA Selection Criteria
- Bachelor’s Degree with a Minimum of 50% marks.
- Students in their Final Year of Graduation can also apply.
IIM Visakhapatnam MBA Admission Stats Batch 2023-25
At IIM Visakhapatnam, a total of 151272 general category candidates selected IIM Visakhapatnam PGP as their CAT preference, of which 2267 were shortlisted for PI WAT round and 1446 received the final offer.
| Category | No. of Candidates Selected IIM Visakhapatnam | Candidates Selected for WAT/PI | No. of Students With Final Offer |
|---|---|---|---|
| General | 151272 | 2267 | 1446 |
| EWS | 9465 | 629 | 266 |
| NC-OBC | 36968 | 1745 | 786 |
| SC | 18356 | 875 | 532 |
| ST | 5162 | 447 | 246 |
| DAP | 951 | 141 | 108 |
IIM Visakhapatnam MBA Admission Process
IIM Visakhapatnam MBA Admission Process is divided into 2 Phases, they are as follows:
Phase 1:
Candidates who are Shortlisted in Phase 1 are required to submit a detailed Online Application, including a Statement of Purpose.
Phase 2:
Based on the scores in CAT Entrance Exam, Candidates are shortlisted for Personal Interviews (PI). Final Selection is based on Candidate’s Overall Performance in PI, Entrance Exam Scores, Past Academic Performance, Work Experience, Bachelor’s Diversity & Gender Diversity.
For all Qualified Confirmed Candidates, the weights for the 6 Components are fixed as:
| Components | Weightage |
|---|---|
| CAT 2023 Score | 50 (VARC - 18; DILR - 14; QA - 18) |
| 10th Board Examination | 10 |
| 12th Board Examination | 10 |
| Bachelors | 10 |
| Diversity | 10 (Gender - Female & Transgender) |
| Work Experience | 10 |
Final Admission is based on Various Components, the weightage for the same is as follows:
| Components | Weightage |
|---|---|
| Personal Interview | 48 |
| CAT 2023 Score | 25 |
| 10th Board Examination | 4 |
| 12th Board Examination | 4 |
| Bachelors | 4 |
| Diversity | 5 (Gender - Female & Transgender) |
| Work Experience | 10 |
IIM Visakhapatnam MBA Placements 2024
IM Visakhapatnam Placements 2023 has been concluded with 100% placements. IIM Visakhapatnam average package stood at INR 15.64 LPA whereas IIM Visakhapatnam highest package stood at INR 43.25 LPA. The highest package increased by 25% from the last year. The highest number of offers were made in the BFSI Sector with 34% of offers. Recruiters like Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc participated in the placement drive. More highlights of IIM Visakhapatnam Placements 2024 are tabulated below:
| Particulars | Placement Statistics (2024) |
|---|---|
| Number of Recruiters | 177 |
| Number of New Recruiters | 117 |
| Placement Percentage | 100% |
| Highest Package | INR 43.25 LPA |
| Average Package | INR 15.64 LPA |
| Top 10% Average Package | INR 28.6 LPA |
| Top 25% Average Package | INR 24.62 LPA |
| Top 50% Average Package | INR 21.05 LPA |
| International Offers | 4 |
| Average Package of International Offers | INR 19.5 LPA |
| Top Sector | BFSI, IT & Consulting |
| Top Recruiters | Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc. |
Check IIM Visakhapatnam Placements
IIM Visakhapatnam MBA Batch Profile 2024
IIM Visakhapatnam MBA Rankings
| Ranking Bodies | Year | Category |
|---|---|---|
| National Institutional Ranking Framework (NIRF) | 2023 | 29th in Management |
| Indian Institutional Ranking Framework (IIRF) | 2024 | 24th in Management (Govt.) |
| 2023 | 29th in Management (Govt.) |
Read More IIM Visakhapatnam Ranking
IIM Visakhapatnam Vs IIM Kashipur Vs IIM Nagpur
| Institute Name | IIM Visakhapatnam | IIM Kashipur | IIM Nagpur |
|---|---|---|---|
| Fees | INR 17,82,960 | INR 17,30,000 | INR 18,90,000 |
| Highest CTC | INR 43.25 LPA | INR 37 LPA | INR 64 LPA |
| Average CTC | INR 15.64 LPA | INR 18.1 LPA | INR 16.74 LPA |
| NIRF Ranking 2023 | 29 | 19 | 43 |
IIM Visakhapatnam MBA FAQs
Ques. Is IIM Visakhapatnam one of the Baby IIMs?
Ans. Baby (New) IIMs are the recent addition to the list of Indian Institute of Management. IIM Visakhapatnam is one of them; established in 2015 & Mentored by IIM Bangalore.
Ques. How is the Hostel Facility for IIM Visakhapatnam Students?
Ans. Girls & Boys Hostel are on separate Wings / Floors in the Hostels at IIM Visakhapatnam. IIM Visakhapatnam has a Good record of Diversity; about One-Third of Students have been girls.
Ques. On completion of the PGP program at IIM Visakhapatnam, will I get a PGP Degree or a MBA Degree?
Ans. IIM Visakhapatnam awards its PGP students with an MBA degree.
Ques. What is the CAT Cutoff for Admission in IIM Visakhapatnam?
Ans. IIM Visakhapatnam CAT Cutoff for Admission in 2024 is 82 for General, 72 for EWS and NC-OBC, 50 for SC and 40 for ST and PwD category.
Ques. What was the Highest Package at IIM Visakhapatnam this year?
Ans. The placement drive for IIM Visakhapatnam 2024 batch witnessed a huge success. The Highest package stood at INR 43.25 LPA while the Average package remained at INR 15.64 LPA. 177 Recruiters took part in the Placement Drive where 117 were 1st time recruiters. Some of the Top Recruiters the Institute witnessed were, Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc.
Master of Business Administration [MBA] Comparison
| IIM Visakhapatnam | IIM Kashipur | IIM Kozhikode | IIM Nagpur | NMIMS | |
|---|---|---|---|---|---|
| Reviews Rating | - | - | - | - | - |
| Cost To Study | Total Fees ₹1825250 (2 Years ) Hostel Fees ₹75000 | Total Fees ₹17.3 Lakhs (2 Years ) | Total Fees ₹20.5 Lakhs (2 Years ) | Total Fees ₹18.9 Lakhs (2 Years ) | Total Fees ₹2390000 (2 Years ) Hostel Fees ₹180000 |
| Ranking | # Ranked 29/125 by NIRF Management Ranks | # Ranked 28/272 by India Today Management Ranks | # Ranked 8/292 by India Today Management Ranks | # Ranked 24/272 by India Today Management Ranks | # Ranked 10/272 by India Today Management Ranks |
| Highest Salary | ₹4325000 | ₹3700000 | ₹7202000 | ₹3840000 | ₹6780000 |
| Average Salary | ₹1564000 | ₹1811000 | ₹2805000 | ₹1630000 | ₹2663000 |
| General Course Details | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 260 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 600 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree |
| Eligibility | Graduation with 50% | Graduation with 50%+ CAT | Graduation with 50% + CAT | Graduation + CAT | Graduation with 50% + NMAT |
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IIM Visakhapatnam: 2 Answered Questions
Should I go for an MBA from IIM Visakhapatnam or try next year?
IIM Visakhapatnam is one of the newest IIMs and lacks credibility to a great extent. The State and Central governments might be trying to make this a good institution but I don’t think it’s capable of offering a plethora of opportunities in terms of placements, exposure, peer learning, or faculty. I will suggest you go for a different IIM if you have any other option up to your sleeve. Even a new IIM that has just been established for a year or two is better. Make sure its infrastructure, placements, and faculty are at par with the IIM standards. It’s too early to claim with surety of IIM Visakhapatnam’s worth. Moreover, if you were able to crack CAT this year, it’s better you try again next year with a bit more determination and target a better B School.
What are the options available for an MBA graduate from IIM to settle in Visakhapatnam?
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.
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