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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:-
    1. 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)
    2. ii) Household Savings

    iii) Real Estate Assets

    1. 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

    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.
    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.
    The average package stood at INR 16.61 LPA during IIM Visakhapatnam Placements 2023.
    The highest package stood at INR 32.65 LPA during IIM Visakhapatnam Placements 2023.
    Recruiters like Amazon, BYJU’s, Deloitte, HCL, HDFC Bank etc participated during IIM Visakhapatnam Placements 2023.

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