VisakhapatnamIIM VisakhapatnamCourses & FeesMaster of Business Administration [MBA]

Master of Business Administration [MBA] From IIM Visakhapatnam, Visakhapatnam

Visakhapatnam, Andhra PradeshAutonomous UniversityEstd 2015
#29 For MBA By NIRF 2023  
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Master of Business Administration [MBA]
first year fees:  ₹925,125
2 YearsFull Time
Year12
Tution fees₹925125₹900125
Total Year Wise fees9.25 Lakhs9.00 Lakhs

IIM Visakhapatnam Master of Business Administration [MBA] Ranking

IIM Visakhapatnam MBA ranking by NIRF is 29 out of 125 in India in 2023 and it was ranked 33 out of 125 in India in 2022. IIM Visakhapatnam MBA ranking by Outlook is 24 out of 26 in India in 2022 and it was ranked 28 out of 29 in India in 2021. IIM Visakhapatnam MBA ranking by Collegedunia.com is 35 out of 608 in India in 2023

NIRF Ranking

#29 out of 125 in India 2023 
#1st in Andhra Pradesh

Collegedunia Ranking

Aa4 in India 2023 

Course Details

Latest Update: IIIM Visakhapatnam has released the phase 1 shortlist for the PGP batch of 2024-26. Only those Phase 1 shortlisted candidates who have submitted the application will be considered for the next phase of the admission process.

IIM Visakhapatnam offers a 2-Year, Full-time MBA (Post Graduate Program). Candidates with a Bachelor’s Degree and a Valid CAT Score. IIM Visakhapatnam MBA fees for batch 2023-25 is INR 17,85,250. IIM Visakhapatnam MBA Cutoff is 80 Percentile (Overall) and 70 Percentile (Sectional).

IIM Visakhapatnam MBA Important Dates 2024

Event Dates
Phase 1 Shortlist January 6, 2024
Application Submission January - 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)

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 Process

IIM Visakhapatnam MBA Admission Process is divided into 2 Phases, they are as follows:

Phase 1:

Candidates are Shortlisted in Phase 1 and they 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 Admission: How to Apply?

IIM Visakhapatnam MBA Admission is ongoing and the last date to submit the Application is March 6, 2023 (5:00 PM). To fill the application form for MBA, check the steps below:

  1. Click on Apply Online.
  2. Fill all the details and provide CAT Scores.
  3. Pay the amount of INR 1,000/- (Non-refundable) towards Application Fees to complete the application process.

IIM Visakhapatnam MBA Placements 2023

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. More highlights of IIM Visakhapatnam Placements 2023 are tabulated below:

Particulars Placements Statistics 2023
Number of Recruiters 141
Number of New Recruiters 95
Placement Percentage 100%
Highest Salary INR 32.65 LPA
Average Salary INR 16.61 LPA
Average Salary for Working Professionals INR 18.32 LPA
Top 10% Average Salary INR 29.03 LPA
Top 25% Average Salary INR 23.63 LPA
Top 50% Average Salary INR 20.24 LPA
Median Salary INR 16 LPA
Top Sector IT & Consulting (33%)
Top Recruiters Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc

Check IIM Visakhapatnam Placements

IIM Visakhapatnam MBA Rankings

Ranking Bodies Year Category
National Institutional Ranking Framework (NIRF) 2023 29th in Management
Indian Institutional Ranking Framework (IIRF) 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 17,85,250 INR 17,30,000 INR 18,00,000
Highest CTC INR 32.65 LPA INR 37 LPA INR 64 LPA
Average CTC INR 16.61 LPA INR 18.11 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 Minimum Expected CAT Cutoff for Admission in 2023 is 80 for General, 70 for EWS and NC-OBC, 45 for SC and 35 for ST and PwD category.

Ques. What was the Highest Package at IIM Visakhapatnam this year?

Ans. The placement drive for IIM Visakhapatnam 2023 batch witnessed a huge success. The Highest package stood at INR 32.65 LPA while the Average package remained at INR 16.61 LPA. 141 Recruiters took part in the Placement Drive where 95 were 1st time recruiters. Some of the Top Recruiters the Institute witnessed were, Infosys, IndiaMart, TATA Advanced Systems, HDFC Bank, TATA Power, Tech Mahindra etc.

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Master of Business Administration [MBA] Comparison

IIM VisakhapatnamIIM KashipurIIM KozhikodeIIM NagpurNMIMS
Reviews Rating
Cost To Study
Total Fees
1825250 (2 Years )
Total Fees
1730000 (2 Years )
Total Fees
1200000 (2 Years )
Total Fees
1890000 (2 Years )
Total Fees
2390000 (2 Years )
Ranking
# Ranked 29/125 by NIRF Management Ranks
# Ranked 28/272 by India Today Management Ranks
# Ranked 9/15 by India Today Management Ranks
# Ranked 24/272 by India Today Management Ranks
# Ranked 10/272 by India Today Management Ranks
Highest Salary₹3265000₹3700000₹6702000₹6400000₹6780000
Average Salary₹1661000₹1811000₹3102000₹1674000₹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
EligibilityGraduation with 50%Graduation with 50%+ CATGraduation with 50% + CATGraduation + CATGraduation with 50% + NMAT

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