Indian Institute of Management, Visakhapatnam: Admission 2024, Courses, Fee, Placements, Cutoff & Ranking

Indian Institute of Management, Visakhapatnam (IIMV), established in 2015, is a prominent management institution in India, mentored by IIM Bangalore. It offers various postgraduate and doctoral programs, including the flagship Post Graduate Program (PGP) in Management, the Executive MBA, and the specialized MBA in Digital Governance and Management, supported by the Ministry of Electronics & IT, Government of India. For the 2024 academic year, IIMV is accepting applications through the Common Admission Test (CAT), with registration open until September 13, 2024, and the exam scheduled for November 24, 2024. The admission process includes a personal interview for shortlisted candidates, emphasizing a holistic evaluation based on academic performance, entrance exam scores, and work experience. IIM Visakhapatnam ranks 29th in the NIRF 2023 rankings for management institutions, reflecting its growing reputation.

In terms of placements, the highest package offered in 2024 reached INR 43.25 LPA, while the average package was INR 19.5 LPA, showcasing the strong industry connections and placement support provided by the institute. The campus spans 241 acres and boasts modern facilities, including state-of-the-art classrooms, a well-stocked library, and recreational amenities, ensuring a conducive learning environment for its students.

Indian Institute of Management, Visakhapatnam: MBA/PGDM Course and Fees 2024

IIM Visakhapatnam offers several MBA/PGDM courses for 2024, designed to equip students with essential management skills. The flagship Post Graduate Program (PGP) is a two-year, full-time residential course, while the Post Graduate Program in Digital Governance and Management (PGPDGM) spans 18 months. The tuition fees for these programs range from INR 16.1 lakh to INR 16.5 lakh.

MBA Courses at IIM Visakhapatnam

FAQs on Course and Fees 2024

1. What is the fees of MBA in IIM Vizag?
The total fee for the MBA program (Post Graduate Program) at IIM Visakhapatnam is approximately INR 17.82 lakh, which includes tuition and other associated costs. Additionally, students are required to pay a one-time refundable caution deposit and advance charges for mess and accommodation.

2. Is MBA good at IIM Vizag?
IIM Visakhapatnam is highly regarded for its MBA program, ranking 26th in the NIRF 2024 rankings for management institutions in India. The institute boasts a 100% placement rate for its graduates, with competitive salary packages, making it a strong choice for aspiring management professionals.

Indian Institute of Management, Visakhapatnam: Admission Process and Important Dates 2024

The admission process for management courses at the Indian Institute of Management, Visakhapatnam (IIMV) for the 2024 academic year is as follows:

• CAT 2024 Registration: Candidates must register for the Common Admission Test (CAT) 2024, which is the primary entrance exam for admission to IIMV’s management programs. The CAT 2024 registration is open from August 1, 2024, to September 13, 2024.
• CAT 2024 Exam: The CAT 2024 exam will be conducted on November 24, 2024.
• IIMV Application: After the declaration of CAT 2024 results, candidates who have selected IIMV as one of their preferences in the CAT application form and meet the minimum CAT percentile will be invited to apply for IIMV’s management programs through the institute’s website.
• Personal Interview (PI): Shortlisted candidates will be called for a Personal Interview (PI) round, which will be conducted from April 8 to 30, 2024.
• Final Selection: IIMV will calculate the final aggregate score based on various parameters, including CAT score, PI performance, academic background, work experience, and diversity factors. The final selection list will be announced, and admission offers will be made.

Important Admission Dates for IIMV in 2024

FAQs on Admission Process and Important Dates 2024

1. How to get a seat in IIM Visakhapatnam?
To secure a seat at IIM Visakhapatnam, candidates must first register and appear for the Common Admission Test (CAT), achieving a qualifying score. Following the CAT results, shortlisted candidates will need to complete an online application and participate in a personal interview, where their overall profile will be evaluated.

2. How can I get a seat in Indian Institute of Management, Visakhapatnam?
Admission to IIM Visakhapatnam is primarily based on the CAT scores, along with academic performance and work experience. After meeting the initial criteria, candidates must successfully navigate the personal interview stage to be considered for a seat.

3. Does IIM Visakhapatnam accept GMAT?
Yes, IIM Visakhapatnam accepts GMAT scores for certain programs, including the Executive MBA and Post Graduate Program in Digital Governance and Management. Candidates can submit valid GMAT scores as part of their application to demonstrate their eligibility.

4. What is the CAT cutoff for IIM Vizag?
The CAT cutoff for IIM Visakhapatnam typically hovers around the 90 percentile mark, although it may vary slightly each year based on the applicant pool. Candidates should aim for a score above this threshold to enhance their chances of being shortlisted for the interview process.

Indian Institute of Management, Visakhapatnam: Placements 2023

IIM Visakhapatnam achieved impressive placement results, boasting a 100% placement rate for its graduates. The highest salary offered was INR 32.65 LPA, while the average salary stood at INR 16.61 LPA, with a median salary of INR 15.46 LPA. Graduates with prior work experience earned an average of INR 17.2 LPA, and the top 10% of students received an average salary of INR 22.72 LPA. Additionally, the top 25% and top 50% earned average salaries of INR 20.02 LPA and INR 17.94 LPA, respectively. Notable companies participating in the placement process included ICICI, HDFC, KPMG, and VGuard, offering roles across various fields such as marketing, sales, analytics, consulting, HR, IT, product management, and strategy.

FAQs in Placements 2023

1. What is the highest package in IIM Visakhapatnam 2023?
The highest package offered to graduates of IIM Visakhapatnam in 2023 was INR 32.65 LPA. This reflects the institute’s strong placement record and the demand for its graduates in the job market.

2. What is the placement of IIM Vizag 2024?
IIM Visakhapatnam achieved a 100% placement rate during the 2023-24 placement season, with the highest package reaching INR 43.25 LPA. The average package for this period was INR 15.64 LPA, showcasing the institute’s commitment to providing excellent career opportunities for its students.

3. What is the highest placement in IIM 2023?
While IIM Visakhapatnam’s highest package was INR 32.65 LPA in 2023, other IIMs reported even higher packages, with some reaching up to INR 64.61 LPA. The top placements vary across different IIMs, reflecting their individual strengths and industry connections.

4. What is the highest package from IIM Visakhapatnam?
The highest package from IIM Visakhapatnam during the 2023 placement drive was INR 32.65 LPA. This figure demonstrates the institute’s growing reputation and the successful placement of its graduates in competitive roles.

• Total enrollment : 120
• No. of international students : 10
• Ranking by NIRF : 29