Indian Institute of Management Visakhapatnam: Premier B-School

About Indian Institute of Management Visakhapatnam

A public business school of national importance, the Indian Institute of Management Visakhapatnam (IIMV) is a member of the prestigious IIM family. Since its founding in 2015, it has provided a variety of programmes meant to improve the quality of management education. Numerous workers and students can benefit from the institute's many full-time and executive programmes. These include the Doctoral Programme (PhD), the Postgraduate Programme (PGP) in Management, and a number of executive and specialised classes, such as the Executive Master of Business Administration (EMBA) for working professionals and programmes that focus on Digital Governance and Management.

Students and faculty at IIM Visakhapatnam are dedicated to providing high-quality education and study in areas such as Strategy, Behavioural Sciences, Economics, Finance & Accounting, Marketing, Quantitative Methods & Information Systems, Operations, Public Policy, and Strategy. This programme mostly accepts applicants based on their scores on the Common Admission Test (CAT) and their school records from the past.

The school was ranked #29 in the Management category by the National Institutional Ranking Framework (NIRF) in 2023, which is a big jump from the previous year's ranking and a testament to its high academic standards. This shows how well it is doing among Indian business schools, scoring better than some older IIMs in some areas.

Impressive job placement rates at IIM Visakhapatnam. In the 2022–2024 batch, 177 companies, including 117 new employers, sent representatives. As compared to last year, the best pay package given was Rs 43.25 LPA, and the average package was Rs 15.64 LPA. Additionally, the school has a high employment rate, which shows that it has strong industry connections and that businesses value its grads.

An active learning setting with a focus on all-around growth is what IIM Visakhapatnam offers. Its programmes are meant to give students the skills and information they need to do well in the stressful world of business and management.

Indian Institute of Management Visakhapatnam Courses & Fees

Courses	Duration	No. of Seats	Total Fee
PGP	02 Years	-	16.5 Lakhs
PGPEx	02 Years	-	10.8 Lakhs
PGPDGM	02 Years	-	16.5 Lakhs
EMBA	02 Years	-	10.8 Lakhs
PGPMCI	02 Years	-	16.13 Lakhs
PhD	05 Years	-	-
Executive PhD	05 Years	-	-
PDF	02 Years	-	-

PGP

The Post Graduate Programme (PGP) at the Indian Institute of Management (IIM) Visakhapatnam is a two-year, full-time residential MBA program that is intended to cultivate the next generation of business executives. The curriculum integrates a robust foundation in fundamental management principles with the adaptability to investigate a variety of electives in fields such as finance, strategy, marketing, and entrepreneurship. The program prioritises experiential learning by incorporating industry interactions, live projects, and apprenticeships, thereby cultivating critical thinking and problem-solving abilities. The PGP program equips students with the necessary skills to succeed in a variety of global business environments, thanks to the modern infrastructure and experienced faculty at IIM Visakhapatnam. Admission is contingent upon the completion of the Common Admission Test (CAT) and a stringent selection procedure.

Summer Internship

Highest Stipend: 2,40,000
Average Stipend: 69,238

International Exchange Program

The Indian Institute of Management Visakhapatnam (IIMV) provides a comprehensive International Exchange Program that is specifically designed to improve the cross-cultural understanding and global exposure of students. The program enables students to participate in a variety of academic, cultural, and professional experiences by enabling them to spend a term abroad through partnerships with reputable global universities and business institutions. The objective of the exchange program is to enhance students' comprehension of economic and management challenges in various regions, prepare them for global career opportunities, and broaden their perspectives on international business practices. Participants are granted access to a diverse array of courses, seminars, and industry visits that enhance their education at IIMV and provide them with the necessary skills to thrive in a business environment that is becoming more interconnected.

Approval Body & Accreditation

Indian Institute of Management Visakhapatnam Admission Process

Application Form

Candidates need to fill out the application form available on the IIMV website.
Pay the application fee as applicable.

Entrance Exam

Appear for the respective entrance exam (CAT/GMAT/GRE/GATE/JRF).

Category wise cut-off for academic year 2023-24 (MBA-PGPM)

General	EWS (Economically Weaker Section)	NC-OBC (Non-Creamy Other Backward Class)	SC (Scheduled Caste)	ST (Scheduled Tribes)	DAP (Differently-Abled Person)
92-94	75	75	60	55	55

Above cut-offs represent the minimum percentile needed for candidates to qualify for the subsequent stages of the admission process, such as the Written Ability Test (WAT) and Personal Interview (PI).

Shortlisting for Personal Interview (PI)

Candidates are shortlisted based on their entrance exam scores, academic performance, and work experience.

Personal Interview (PI)

Shortlisted candidates are called for a personal interview.
The PI assesses candidates on various parameters like communication skills, leadership qualities, and overall personality.

Final Selection

The final selection is based on a composite score which includes entrance exam scores, PI performance, academic performance, and work experience.

Offer of Admission

Selected candidates receive an offer letter for admission.
Candidates need to confirm their acceptance by paying the admission fee.

Indian Institute of Management Visakhapatnam Placement Partners

Through partnerships with prominent companies in a variety of sectors, the Indian Institute of Management Visakhapatnam has consistently maintained impressive placement records. Top firms in consulting, finance, marketing, IT, and operations, including Deloitte, Accenture, KPMG, ICICI Bank, and Infosys, are notable placement partners. These organisations offer substantial opportunities for IIM Visakhapatnam students to implement their knowledge and skills in practical situations. Furthermore, partnerships with established industry titans and emerging firms guarantee a wide range of placement opportunities, which are tailored to the diverse career aspirations of individuals. IIM Visakhapatnam's reputation as a leading institution of management education is further solidified by these partnerships, which equip students with the skills necessary to assume influential positions within the industry.

Highest Package: Rs 43 LPA
Average Package: Rs 16.61 LPA

Placement Partners

Faculty

Faculty Name	Subject
Kaveri Krishnan	Finance & Accounting (F&A)
Neena Pandey	Information Systems (IS)
Pappu Raja Sekhara Sarma	Production & Operations Management
Saroj Kumar Pani	Entrepreneurship
Sunitha Tumkur	Management Information Systems (MIS)

Hostel

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.

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.

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

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.