Indian Institute of Management Visakhapatnam (IIMV) – Smart Choice, Serious Growth

Thinking about joining an IIM but confused between new vs. old ones?

Well, here’s the deal — IIM Visakhapatnam (IIMV) may be one of the newer IIMs, but it’s backed by mentorship from IIM Bangalore, has a solid academic core, strong placement records, and a growing alumni network.

Let’s simplify everything you need to know before applying 👇

Programs Offered at IIM Visakhapatnam

🔹 Post Graduate Programme in Management (PGP) – MBA

• Duration: 2 years, full-time
  
• Flagship MBA equivalent program
  
• Specializations in Marketing, Finance, Strategy, HR, Operations, Analytics
  

🔹 Executive MBA (for working professionals)

• Weekend format, 2-year program
  
• Admission via CAT/GMAT/IIMV Test + PI
  

🔹 Ph.D. Program

• Full-time research in areas like Business Policy, Economics, IT, OB-HR, Marketing, etc.
  

🎓 The PGP program is the most popular and attracts top CAT scorers nationwide.

Admission Process

For PGP (MBA)

• Apply through CAT
  
• Shortlisting based on:
  
  • CAT percentile
    
  • Class 10th & 12th marks
    
  • Graduation scores
    
  • Work experience
    
  • Diversity & gender balance
    
• Final selection: Personal Interview (PI)
  

📈 Past year CAT cut-offs (General):

• Shortlisting: 85–90 percentile
  
• Final call: Can go higher depending on profile
  

🧑‍💼 Profile matters a lot here – academics, work ex, and overall personality are all considered.

Fee Structure (PGP)

Year	Fee (Approx.)
Year 1	₹8.5 Lakhs
Year 2	₹8.5 Lakhs
Total	₹17 Lakhs (for 2 years)

💡 Scholarships available based on income, category, and merit. Students can also avail education loans easily with IIMV’s partnered banks.

Campus & Infrastructure

IIMV Permanent Campus (in progress)

• Currently operating from a spacious temporary campus in Andhra University
  
• Permanent campus (240 acres) coming up at Gambheeram, Visakhapatnam — smart classrooms, hostels, sports, and innovation labs
  

Facilities

• Fully Wi-Fi campus
  
• Bloomberg terminals for finance students
  
• Case room, library access, analytics labs
  
• Hostel accommodation is provided in nearby private complexes with bus service
  

🏗️ Transition phase right now, but academics and learning quality remain top-class.

Faculty & Pedagogy

• Faculty include PhDs from IIM Bangalore, ISB, IITs, XLRI, and global B-schools
  
• Mix of academic rigor + real industry experience
  
• Teaching through:
  
  • Case studies (Harvard, IIM-B style)
    
  • Simulations
    
  • Guest lectures from CXOs
    
  • Live projects
    

🧑‍🏫 IIMB’s academic mentorship ensures that the curriculum and evaluation are world-class.

Placement Highlights (PGP)

Metric	Recent Stats
Highest Package	₹32 LPA
Average Package	₹17.2 LPA
Median Package	₹16.6 LPA
Total Companies	100+
PPOs Offered	30+

Top Recruiters

• BCG
  
• Accenture Strategy
  
• Deloitte
  
• Cognizant
  
• ICICI Bank
  
• Infosys
  
• EXL
  
• HCL Tech
  
• TCS Digital
  
• EY
  
• Amazon
  
• TATA Power
  

Roles Offered

• Consulting
  
• Product Management
  
• Marketing
  
• Finance
  
• Analytics
  
• General Management
  

💼 Despite being newer, IIMV’s placements now compete with Tier-1 colleges thanks to the B-school brand + faculty support.

What Students Are Saying

“The peer group is diverse and supportive. IIMV’s scale gives more personalized attention and real learning.” – Aditi, PGP 2023

“We get industry exposure every week — through projects, guest lectures or competitions.” – Pranav, PGP 2022

“The placement committee and alumni network have grown strong — helped me crack a consulting role.” – Raghav, PGP 2023

Alumni Growth & Career Path

IIM Visakhapatnam alumni are now working at:

• Big 4 consulting firms
  
• Top Indian startups (Swiggy, Razorpay, Meesho)
  
• MNCs like Amazon, Google, Microsoft
  
• Product and strategy roles in BFSI and Tech sectors
  
• International B-schools for further studies
  

🌏 Alumni network might be young, but it’s tight-knit and fast-growing. Seniors are approachable and help in placements & case competitions.

Rankings & Recognition

• Part of the prestigious IIM ecosystem
  
• Mentored by IIM Bangalore (course design, pedagogy, evaluation)
  
• AICTE-approved
  
• Among top 5 new-generation IIMs
  
• Featured in NIRF top 30 management institutes (2023)

FAQs – Questions You Might Ask

Is IIM Visakhapatnam worth it for MBA?

Yes. It’s academically strong, offers solid placements, and is mentored by IIMB — a huge value addition.

What are hostel and food facilities like?

Hostels are off-campus but well-managed with security, transport, and good food. Permanent hostels are under construction.

Is IIMV better than IIM Nagpur or IIM Amritsar?

Depends on what you want:

• IIMV has stronger mentorship (IIMB)
  
• IIM Amritsar may have larger batches, more corporate connects
  
• Compare based on CAT cut-off, location, batch size, and placements
  

Can non-engineers apply?

Absolutely. IIMV encourages diversity. Many non-engineers (commerce, arts, law) do well here.

Final Thoughts

If you’re aiming for a premium MBA experience with a strong ROI, powerful mentorship, and a growing placement record, IIM Visakhapatnam is a very smart pick.

It may not have the legacy of IIM Ahmedabad or Bangalore (yet), but the learning quality, peer diversity, and industry readiness are absolutely top-tier.

IIM ka tag milta hai, mentorship Bangalore ka milta hai — aur placement bhi top-notch milta hai. What else do you need? 🎯