IIM- Visakhapatnam (IIMV)

IIM Visakhapatnam is one of the new generation IIMs established in 2015. IIM Vizag is mentored by IIM Bangalore. IIM Visakhapatnam MBA fee is INR 17.85 Lakhs. IIM Vizag has been ranked 29th by NIRF 2023 among the other top B-schools in India.
IIM Visakhapatnam MBA admission is based on CAT followed by a personal interview round. An overall CAT percentile of 80 and sectional percentile of 70 is required for admission into IIM Vizag. The final selection is based on various other parameters like academic qualifications, work experience, and gender diversity. IIM Visakhapatnam placements 2023 have been concluded. IIM Visakhapatnam's highest package stood at INR 32.65 LPA and IIM Visakhapatnam average package stood at INR 16.61 LPA.

IIMV Courses & Fees Structure 2024

IIM Udaipur (Indian Institute of Management Udaipur) is one of the new IIMs, established by the Government of India (GOI) in 2011. IIM Udaipur fees for batch 2023-25 is INR 20.43 Lakhs, and the average package for class of 2023 was secured at INR 20.09 LPA.

IIMV Important Date

The following table represents the IIMV Important Date for the batch 2023-24:

PGP (MBA)
CAT 2023 Registration Starts	August 02, 2023
CAT 2023 Registration Closes	September 20, 2023
CAT 2023 Admit Card Release	October 25, 2023
CAT 2023 Exam Date	November 26, 2023
Application Submission	January 06 - March 06, 2024 (Tentative)
Call for Personal Interview	March 31 - April 03, 2024 (Tentative)
Personal Interview (Online mode)	April 06 - 25, 2024 (Tentative)
Final Admission offers	May 12, 2024 (Tentative)

EMBA
Application Process Starts	February 20, 2023
Application ProcessEnds	April 16, 2023
EMAT	April 22, 2023 (Tentative)
Interview	April, 2023, 2023 (Tentative)
Result Declaration	April 28, 2023 (Tentative)

IIMV Fees, Courses, and Eligibility Criteria 2024

IIM Visakhapatnam Fees

IIM Visakhapatnam MBA fees is INR 17.85 Lakhs. Previous year, the Institute charged INR 15.04 Lakhs for the same.

Course Name	Fees
PGP	INR 17,85,250
PGPEx	INR 10,80,000
EMBA	INR 10,80,000

IIM Visakhapatnam Courses

IIM Vizag offers PGP, PGPEx, PGPDGM, Doctoral & Certificate Programs. Here are some highlights of the Courses offered by IIM Visakhapatnam:

Course Name	Program Details
PGP	Intake: 356 Eligibility: Bachelor’s degree with 50% marks Selection Criteria: CAT + Personal Interview
PGPEx	Eligibility: Bachelor’s degree with 55% marks + 3-year work experience Selection Criteria: CAT/ GMAT/ GRE/ IIMV Test + Personal Interview
EMBA	Eligibility: Bachelor’s degree with 50% marks + 3-year work experience. Selection Criteria: EMAT + Personal Interview

IIMV Hostel Fees 2024

IIM Visakhapatnam Hostels are another incredible feature apart from the infrastructure and academic course structure. Students who prefer IIM Vizag hostels are accommodated within five separate hostel buildings which are near to the campus only.

IIM Visakhapatnam hostels fees ranges between INR 75,000 to INR 1,00,000 per year and depends on the occupancy basis.
The rooms at IIM Hostels in Visakhapatnam campuses are allotted on a double as well as single occupancy basis. A comfortable transportation is also provided to students for smooth commuting between the campus and hostels. All the rooms are air-conditioned and furnished.

Salient Features at IIM Visakhapatnam Hostels
5 Separate Hostel Buildings for Maximum Accommodation
Single / Double Occupancy Rooms
Fully Air-Conditioned and Furnished Rooms
High Speed Wi-Fi Connectivity
Basic Amenities like TV, Refrigerator, Dining Hall, Indoor Games
Health Center 24*7 service
Fully Functional Library
Complaint Redressal for Mess and related issues

IIM Visakhapatnam includes many other facilities like Wi-Fi & TV, Refrigerator, Discussion rooms, Dining hall, Indoor games like Pool Table, Caroms, Chess, Table tennis etc. Moreover, Complaint Redressal is also an important feature where students could look ahead to resolving their mess and other hostel related issues.

There are some other notable facilities which are not just limited to the hostellers but majorly to ensure their well-being at all times. These include the Health Centre and Library.

Health Centre at IIM Visakhapatnam Hostels

For a constant need of medical and health services to the hostellers living at IIM Visakhapatnam Hostels, a 24*7 health center service is provided throughout the day and night.

The institute has allotted Medical officers, Counselors and Nurses at Institute Health Center located in the campus. The students are secured with their insurance policy activated during their academic tenure.

The insurance services can be availed in case of any emergency or medical conditions requiring hospitalization and in-patient services.

The main highlight of the IIM Visakhapatnam Hostels is the Medical Emergency Response & Intervention Team (MERIT) at Health Center, which is always available to support and assist IIM Hostellers in Visakhapatnam campus, in case of any health & medical-related concerns.

Library at IIM Visakhapatnam Hostels

IIM Visakhapatnam Library is well equipped with the latest software packages and a large collection of books, and related materials.

The wide resources are available for intensive learning in management and allied areas. Students living as Hostellers at IIM Visakhapatnam Hostels can always rely upon the various resources available there.

There are ample resources in the form of journals, print books and even online academic databases within the Institute Library for IIM Visakhapatnam Hostel students to ensure their time utilization and consistent learning.

IIM Visakhapatnam Admission 2024

Admission into IIM V is based on tests like CAT/GMAT. Candidates who have not yet appeared for these exams can appear for institute-conducted exams like the IIMV test and EMAT. IIM Visakhapatnam offers MBA, MBA for working professionals, and Ph.D. courses. The overall CAT cut-off ois 80 percentile (Overall) and 70 percentile (Sectional) is required for admission into IIM Visakhapatnam MBA. Other parameters like the Personal Interview, academic performance, work experience, and gender diversity are considered for the final selection.

IIM Visakhapatnam MBA Admission Criteria 2024

The following table represents the MBA admission process at IIM Visakhapatnam:

Admission Stages	Description
Register for CAT	Candidates should register for CAT and apply for IIM Visakhapatnam as one of their preference in the CAT form.
CAT Exam	Appear for the CAT exam, as CAT scores will be used for the first shortlisting.
Apply for Interview	Shortlisted candidates will have to apply for an interview at IIMV.
Shortlist for Personal Interview	Candidates who applied for the Personal Interview will be shortlisted based on their CAT scores, academic qualifications, work experience, and gender diversity.
Personal Interview Round	The shortlisted candidates will have to appear for a personal interview.
Final Selection	The final selection will be based on the performance of candidates in the CAT exam, personal interview, academic qualification, work experience, and gender diversity.

IIM Visakhapatnam MBA Eligibility & Selection Criteria

IIM Visakhapatnam uses Multiple Parameters for seeking candidates for the MBA program, the parameters are as follows:

Academic Performance in 10th, 12th and Bachelor’s Degree Examination
Candidates score in CAT Entrance Examination
Relevant Work Experience (if any)
Candidate’s Overall Performance in Personal Interview

IIM Visakhapatnam has a 3 Phase Selection Process, the details of which are,

Phase 1:

Candidates who have appeared for CAT 2023 and have selected IIM Visakhapatnam as their preference in CAT form will be considered. Candidates must secure a minimum Section-wise & Aggregate Percentile in CAT 2023. The expected CAT cutoff scores for MBA are shown below:

Category	Overall	Sec 1 (VARC)	Sec 2 (DILR)	Sec 3 (QA)
General	80	70	70	70
Economically Weaker Section (EWS)	72	63	63	63
NC-OBC	72	63	63	63
Scheduled Caste (SC)	45	40	40	40
Scheduled Tribes (ST)	35	30	30	30
Person with Disabilities (PwD)	35	30	30	30

Phase 2:

Candidates Academic Scores, Diversity, Work Experience & CAT scores are used to shortlist candidates for Personal Interview. The weightage for the same is:

Parameters	Weightage
CAT Scores	50
10th Board Exam Scores	10
12th Board Exam Scores	10
Bachelor's Degree Scores	10
Diversity (Female & Transgender)	10
Work Experience	10

50 Points for CAT are derived from three sections

Verbal & Reading Comprehension (VARC) - 18 points
Data Interpretation & Logical Reasoning (DILR) - 14 points
Quantitative Aptitude (QA) - 18 points

Phase 3:

Candidates who are shortlisted in Phase 2 are required to appear for a Personal Interview. Candidates who are Interviewed at any one or more of the IIMs at Bangalore, Calcutta, Kozhikode, Lucknow, and Indore (only for PGP/PGPM programs) will not be required to appear for the Personal Interview at IIM Visakhapatnam.

Candidates who are NOT shortlisted and interviewed by any one of the IIMs at Bangalore, Calcutta, Kozhikode, Lucknow, and Indore (only for PGP/PGPM programs) will be required to appear for a Personal Interview at IIM Visakhapatnam.

The final Selection of the candidates for the MBA program at IIM Visakhapatnam will be based on:

Parameters	Weightage
Personal Interview Scores	48
CAT Scores	25
10th Board Exam Scores	4
12th Board Exam Scores	4
Bachelor's Degree Scores	4
Diversity (Female & Transgender)	5
Work Experience	10

IIM Visakhapatnam Admission: How to Apply?

To apply to the MBA program at IIM Visakhapatnam the candidates will have to go through the following steps:

The candidates will have to register themselves for CAT through www.iimcat.ac.in and fill out the online application form.
The candidates will have to provide all the personal, academic, and professional details and will also have to upload the required documents.
In the same form, the candidate can apply for the IIM colleges and they can add IIM Visakhapatnam PGP as one of their preference.
They will have to select a test center where they would prefer to give the CAT exam.
Finally they can submit the application form and pay the application fees.

IIM Visakhapatnam PGPEx/ PGPDGM Admission 2024

Admission into the PGPEx program is conducted through the following processes:

Admission Stage	Details
Application Form	The application form for PGPEx will be available on the official website. The eligible and interested candidates should fill out the form and pay the application fee.
IIMV Test	The candidates who have not appeared for exams like CAT/ GMAT/ GRE will have to appear for the IIMV Test
Shortlisting of Candidates	The candidates will be shortlisted based on their test scores, academic qualifications, and work experience.
Interview	The shortlisted candidates will be called for a personal interview round, where the candidates will be evaluated based on various factors.
Offers and Waitlist	The final selection will be done by calculating the composite score of the candidates and the offers will be sent to the selected candidates.

IIM Visakhapatnam PGPEx Important Dates

Event	Dates (Tentative)
Application Window	January - May 2024
IIMVTest	May 29, 2024 (Offline/Online Proctor-based test)
Personal Interviews	June 04 - 05, 2024 (Offline interview at Campus)
Offers & Waitlist	June 08, 2024
Last Date of Offer Acceptance	June 23, 2024
Registration & Orientation	June 24 - 25, 2024
Classes Start	June 26, 2024

IIM Visakhapatnam PGPEx Selection Criteria 2023

The applicants will be shortlisted for the interview based on their performance in the CAT/ GMAT/ GRE/ IIMV Test, academic qualifications, and duration of work experience. The final selection will be based on the composite score, which will be calculated based on the factors mentioned in the table below:

IIM Visakhapatnam PGPEx Final Selection Factors
Performance in CAT/ GMAT/ GRE/ IIMV Test
Nature and extent of Work Experience
SOP
Interview

IIM Visakhapatnam PGPDGM Selection Criteria

The applicants will be shortlisted for PGPDDGM, based on their performance in CAT/ GMAT/ GRE/ IIMV Test, SOP, Technical Knowledge, Domain Experience, and Professional Reference.
The shortlisted candidates will be called for a Personal Interview and the panelists will evaluate the candidate's performance on the factors like General Awareness, Communication Skills, Quality of Work Experience, Motivation, etc.

IIM Visakhapatnam PGPDGM Final Selection Factors.
CAT/ GMAT/ GRE/ IIMV Test
2.	Diversity
3.	Technical Knowledge
4.	Domain Experience
5.	SOP
6.	Professional Reference
7.	Personal Interview Score

IIM Visakhapatnam EMBA Admission 2024

Admission Stage	Description
Application Form	The interested candidates will have to fill out the application form available a the official website.
EMAT + Interview	The candidates who fulfilled all the eligibility criteria will be called for EMAT and interview.
Result Declaration	The final selection will be based on the performance of candidates in the EMAT and Interview.

IIM Visakhapatnam EMBA Important Dates 2024

EMBA
Application Process Starts	February 20, 2024 (Tentative)
Application ProcessEnds	April 16, 2024 (Tentative)
EMAT	April 22, 2024 (Tentative)
Interview	April, 2023, 2024 (Tentative)
Result Declaration	April 28, 2024 (Tentative)

IIM Visakhapatnam EMBA Selection Criteria 2024

The candidates who fulfill all the eligibility criteria will be shortlisted for EMAT (Executive Management Aptitude Test) and a Personal Interview. The final selection will be based on the composite score of performance in the EMAT and PI.

IIM Visakhapatnam EMBA Selection (Factor Weightage)
Components	Weightage
EMAT Score	47.5%
Personal Interview	47.5%
Gender Diversity	5%
Total	100%

IIM Visakhapatnam Exams Accepted

Courses	Exams
PGP	CAT
PGPDGM	CAT/GMAT/GRE/IIMV Test
PGPEX	CAT/ GMAT/ GRE/ IIMV Test
EMBA	EMAT
PhD	GMAT/ GRE/ CAT/ GATE/ JRF (NET)

IIM Visakhapatnam : Placement

IIM Visakhapatnam Placements 2023 has been concluded with 100% placements. IIM Visakhapatnam average package increased by 10.29% at INR 16.61 LPA whereas IIM Visakhapatnam highest package stood at INR 32.65 LPA. 17% of the total number of students (193 students) received dual offers. The highest number of offers came from the IT & Consulting sector (33%) followed by the BFSI sector (26%). The highest number of offers were made for the Product, Strategy & Consulting roles (25%). 141 companies participated in the placement drive among which 95 were new recruiters. Some of the top recruiters included Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc.
IIM Visakhapatnam Summer Internship Placements 2024 has been concluded. IIM Visakhapatnam highest stipend stood at INR 2.5 Lakhs per month and IIM Visakhapatnam average stipend increased by 38% which stood at INR 79 K per month. 100% summer placements were recorded. IT / ITES sector alone made 22% Internships offers.

IIM Visakhapatnam Placements 2023 Report :->>>

IIM Visakhapatnam Placement report of the academic batch 2021-23 is mentioned below:

Particulars	Placements Statistics 2023	Placements Statistics 2022
Number of Recruiters	141	86+
Number of New Recruiters	95	49
Placement Percentage	100%	100%
Highest Salary	INR 32.65 LPA	INR 31.60 LPA
Average Salary	INR 16.61 LPA	INR 15.06 LPA
Average Salary for Working Professionals	INR 18.32 LPA	--
Top 10% Average Salary	INR 29.03 LPA	INR 20.67 LPA
Top 25% Average Salary	INR 23.63 LPA	INR 19.39 LPA
Top 50% Average Salary	INR 20.24 LPA	INR 17.82 LPA
Median Salary	INR 16 LPA	INR 15.46 LPA
Top Domain	-	Consulting
Top Sector	IT & Consulting (33%)	IT/ITES, BFSI
Top Recruiters	Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc	Amazon, BYJU’s, Deloitte, HCL, HDFC Bank etc

IIM Visakhapatnam : Scholarship

IIM Visakhapatnam has recently introduced merit-based scholarship for the PGP Batch of 2022-24. The scholarships offered are up to a maximum of INR 6.0 lakh per student for Top 2 scorers of the PGP batch(2nd year).
IIM Visakhapatnam, also popular as IIM Vizag, has initiated many Scholarships with an objective of providing intense learning to students without any sort of financial difficulties.

IIM Visakhapatnam Scholarships Offered Year Wise Trends

Batch	Percent of Batch that received Financial Aid (%)	Average of Quantum of Aid Received (As a percent of total fee)
2021-23	17.46	30.91
2020-22	11.11	25.34
2019-21	6.40	40.00
2018-20	7.62	37.50
2017-19	9.84	58.33
2016-18	9.62	76.00
2015-17	7.41	55.00

IIM Visakhapatnam External Scholarships Offered

The following table represents the summary of external scholarships awarded to IIM Visakhapatnam:

Batch	Percent of Batch that received External Scholarships (%)	Average of Quantum of Aid Received (As a percent of total fee)
2021-23	-	-
2020-22	8	39
2019-21	6	76
2018-20	5	100

Have a look at the various scholarships available at IIM Visakhapatnam:-

Scholarships offered at IIM Visakhapatnam

Ministry of Tribal Affairs Scholarship (ST)

The Ministry of Tribal Affairs, associated with the Government of India, provides financial assistance for Higher Education of Scheduled Tribe students (of PGP first year). The scholarship tends to cover the tuition expenses in full.

Scholarship Specification :- National Scholarship for Higher Education for Scheduled Tribe students

Ministry of Social Justice and Empowerment Scholarship (SC)

The Ministry of Social Justice and Empowerment Government of India strives to give away financial support for Higher Education of meritorious SC students (of PGP first year). The scholarship is a means scholarship that covers tuition expenses in full.

Scholarship Specification:- National Scholarship for Higher Education for Scheduled Caste.

Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)

A person who is having a disability not less than 40% and having a disability certificate issued by any competent medical authority, is eligible for this financial aid. This is a means scholarship which is worth INR 2,55,000 per annum.

Merit Cum Means Scholarship for Professional and Technical Courses CS

This scholarship is awarded to the poor, and meritorious students who belong to minority communities with an aggregate of not less than 50% marks or equivalent grade in the previous final examination Also, the annual income of their parents/guardians from all sources does not exceed INR 2.50 lakh.

Complimentary Scholarships offered by Official Authorities

Apart from the above mentioned, students could also apply for scholarships offered by other official bodies. IIM Visakhapatnam encourages students to opt for merit-based scholarships offered by the state and central government or even private bodies.

Students can also explore the scholarships at the official NSP portal i.e. National Scholarship Portal through https://scholarships.gov.in/ and apply as per the eligibility criteria of the respective scheme.

IIM Visakhapatnam Scholarships Eligibility Criteria and Procedure

Eligibility- All those PGP students whose annual household income is less than INR 6,00,000/- (Rupees Six Lakh only) are eligible to apply for Scholarships at IIM Visakhapatnam. In case of unexpected foreseen circumstances, students may also be eligible to apply for such financial aid.

Procedure for Alloting Scholarships-

The Financial Aid Committee has set certain guidelines for deciding the number of awardees and amount of financial aid. It is a two-step process of which the first step involves scoring the students based on following factors:-

i) Annual Gross Household Income (including income of the student if employed before joining IIMV and outstanding loans if any, provided they were not taken for conspicuous consumption)
ii) Household Savings

iii) Real Estate Assets

iv) Other Assets

After having gone through the above factors, students shall be called for a personal interaction with a faculty panel. Thereby having understood the genuineness of need for financial aid, students shall be scored a Financial-need Score.

The overall weighted average of the scores thus yielded would decide if students would get a 100%, 80%, 60%, 40%, or 20% scholarship.

What documents are needed to apply for Scholarships at IIM Visakhapatnam?

The following documents are essential for applying for IIM visakhapatnam Financial Assistance:-

Income Certificate

IT Returns for the last two years

Household Savings documents: Includes all savings and investments such as bank savings accounts, PPF, term deposits, savings certificates, investments in bonds, mutual funds, equity, etc. of self and all members of the family.

Property documents: Includes any real estate asset, such as apartment, home, or land ownership.

Other asset documents Affluence): Includes assets such as Two-wheeler, Four-Wheeler, Washing Machine, Refrigerator, Home theater, AC, TV, Digital/Video camera etc.

Loan Documents (if any)

EMI payment receipts (if any)

How to apply for scholarships at IIM Visakhapatnam?

The basic procedure for applying for Scholarships at IIM Visakhapatnam are as follows:-

Step 1:- Visit the official link where you would wish to get financial aid from. It could be IIM Visakhapatnam website or NSP Portal i.e. https://scholarships.gov.in/ or among some other official bodies.

Step 2:- Look out for the scholarship programmes going live at the portal visited.

Step 3:- Arrange the required documents for the scholarship scheme applicable. Some of the mutual documents might include Income Certificate, IT Returns for the last two years, Household Savings documents, Property documents, and other asset documents (Affluence) such as Two-wheeler, Four-Wheeler, Washing Machine, Refrigerator, Home theater, AC, TV, Digital/Video camera etc. Some optional documents may include Loan Documents and EMI payment receipts.

Step 4:- Apply for the scholarship post completing the eligibility criteria and documentations. Save the temporary/ permanent ID generated for future reference.

IIM - Visakhapatnam FAQ

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

In the placement drive of 2023, the highest package stood at INR 32.65 LPA whereas the average stipend stood at INR 16.61 LPA.

How was IIM Visakhapatnam Placements 2022?

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.

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