🏫 About IIM Visakhapatnam
The Indian Institute of Management Visakhapatnam (IIM Visakhapatnam) is a premier public business school established in 2015 by the Government of India. It is part of the prestigious IIM family and operates under the mentorship of IIM Bangalore. Located in the coastal city of Visakhapatnam in Andhra Pradesh, IIMV is known for its academic excellence, industry-oriented curriculum, and growing reputation in the management education landscape of India.
IIM Visakhapatnam is recognized as an Institute of National Importance and plays a pivotal role in producing future business leaders, researchers, and entrepreneurs. It has emerged as a leading choice for students aiming for quality education, practical learning, and strong industry placements.
🎓 Academic Programs
1. Post Graduate Program in Management (PGP)
The flagship two-year full-time residential MBA program offers rigorous academic training in various domains such as Marketing, Finance, Operations, Strategy, Human Resources, and Entrepreneurship. The curriculum is designed to balance theoretical knowledge with practical exposure through case studies, live projects, internships, and industry interaction.
2. Executive Post Graduate Program in Management (PGPEx)
This is a two-year part-time Executive MBA program designed specifically for working professionals with at least three years of work experience. It focuses on leadership development, business analytics, digital innovation, and global business trends. Classes are usually held during weekends, making it convenient for working executives to manage work and study simultaneously.
3. Doctoral Program in Management (Ph.D.)
The Ph.D. program at IIM Visakhapatnam is aimed at developing scholars who can undertake high-quality research in management and related areas. The program includes coursework followed by thesis work in areas such as Economics, Marketing, Finance, Strategy, Organizational Behavior, and Operations.
4. Post Graduate Program in Digital Governance and Management (PGPDGM)
This program is designed for mid-career professionals, especially from the public sector, focusing on digital transformation in governance and public service delivery. It aligns with India’s Digital India initiative and aims to create leaders in e-governance.
🏆 Rankings and Recognition
IIM Visakhapatnam has consistently featured in top national rankings. Within a few years of its inception, it has gained a solid reputation due to its faculty quality, student outcomes, and research contributions.
Ranked among the top 30 management institutes in India.
Recognized as an Institute of National Importance by the Government of India.
Mentored by IIM Bangalore, which influences academic quality and institutional governance.
Strong industry connect and participation in national and international academic conferences.
💼 Placement Highlights 2024
IIM Visakhapatnam has maintained an impressive placement record since its inception. The 2024 placement season saw 100% placements with significant growth in average and highest packages.
Placement Statistics:
Highest CTC (Domestic): ₹43.25 LPA
Average CTC: ₹15.64 LPA
Top 10% Average: ₹28.60 LPA
Top 25% Average: ₹24.62 LPA
Number of Recruiters: 177 (including 117 new recruiters)
International Offers: 4
Average International CTC: ₹19.5 LPA
Major Recruiting Sectors:
Banking, Financial Services & Insurance (BFSI): 34%
IT and Consulting: 31%
Manufacturing and Engineering: 12%
Logistics and Supply Chain: 7%
Other sectors (Retail, FMCG, Healthcare, Real Estate, Telecom, EdTech): 16%
Top Recruiters:
Accenture
Deloitte
EY
Cognizant
Infosys
TCS
ICICI Bank
Axis Bank
HDFC Life
IBM
ZS Associates
Tech Mahindra
PwC
🏢 Campus and Infrastructure
IIM Visakhapatnam operates from a picturesque campus spread over 241 acres in Gambheeram, Visakhapatnam. The permanent campus is designed to offer a world-class learning environment with eco-friendly and sustainable infrastructure.
Key Features:
Academic Blocks: Equipped with smart classrooms, lecture halls, seminar rooms, and discussion spaces.
Library: A well-stocked digital and physical library with access to global journals, e-books, and databases.
Hostels: Comfortable residential facilities for both male and female students, including Wi-Fi, recreation rooms, and mess facilities.
IT Infrastructure: High-speed internet, learning management systems, and computer labs.
Recreational Facilities: Sports grounds, fitness centers, yoga rooms, and cultural clubs.
Auditorium and Amphitheatre: For academic events, seminars, cultural functions, and student-led activities.
💰 Fees and Scholarships
PGP Program Fees (2024–26 Batch)
Total Program Fee: ₹18.25 Lakhs (inclusive of tuition, hostel, and other academic expenses)
Mess Charges: Additional and payable on actuals
Executive MBA (PGPEx) Fee
Total Program Fee: ₹10.8 Lakhs
Ph.D. Program
Fully funded with a monthly stipend and additional financial support for conference participation and research.
Scholarships and Financial Aid
IIM Visakhapatnam offers various scholarships and financial assistance to students based on merit, need, or social category:
Merit-cum-Means Scholarships
Scholarships for SC/ST/OBC/Minority Students
IDFC First Bank Scholarship
NSP (National Scholarship Portal) Schemes
State Government Scholarships
Need-Based Financial Assistance (NBFA)
📝 Admission Process
Eligibility Criteria
PGP
A Bachelor’s degree with at least 50% marks (45% for SC/ST/PwD)
Valid CAT score
Work experience is not mandatory but preferred
PGPEx
A Bachelor’s degree with minimum 50% marks
Minimum 3 years of full-time work experience
Valid CAT/GMAT/GRE score
Ph.D.
Master’s degree or equivalent with at least 55% marks
Valid scores in CAT, GRE, GMAT, GATE, or UGC-NET
Selection Process
Shortlisting: Based on entrance test scores (CAT, GMAT, etc.)
WAT & PI: Candidates undergo a Written Ability Test and Personal Interview
Final Selection: Based on entrance scores, academic performance, work experience, diversity, and interview performance
👨🏫 Faculty
IIM Visakhapatnam boasts a dynamic mix of permanent and visiting faculty, many of whom hold Ph.D.s from top national and international institutions. The faculty members actively engage in research, consulting, training, and publishing in reputed journals.
Academic Areas:
Economics
Finance and Accounting
Information Systems
Marketing
Organizational Behavior and HR
Production and Operations Management
Strategy
🌍 International Collaborations
IIM Visakhapatnam is actively building international partnerships for:
Student exchange programs
Faculty collaboration
Joint research
Participation in global conferences
MOUs with foreign universities and B-schools
📚 Student Life
Life at IIM Visakhapatnam goes beyond academics. The campus buzzes with student-led clubs, committees, and activities.
Clubs and Committees:
Academic Clubs: FinVest (Finance), MarX (Marketing), Stratagem (Strategy)
Cultural Committees: PRISM, Kalanjali
Social Clubs: Abhyudaya (CSR), Spic Macay, Sports Committee
Placement and Career Committees: Placement Cell, Alumni Relations, Entrepreneurship Cell
Events and Fests:
Vriddhi: Annual management and cultural fest
Samaarambh: Startup festival encouraging innovation
TEDxIIMVisakhapatnam: Platform for sharing transformative ideas
Conclaves and Guest Lectures: With top industry leaders, alumni, and domain experts
🧑🎓 Alumni Network
Though a relatively young institute, IIM Visakhapatnam's alumni are making their mark across sectors such as Consulting, IT, BFSI, Analytics, Marketing, and Entrepreneurship. The institute has a strong alumni engagement program involving reunions, webinars, mentoring, and career support.
🌐 Digital Learning and Research
IIMV emphasizes digital learning, e-governance, and analytics through specialized labs and courses. Research is encouraged in all fields of management, with financial support for attending international conferences and publishing in reputed journals.
🧭 Location Advantage
Visakhapatnam, also known as Vizag, offers a scenic and industrially rich setting for a business school. With the presence of public sector giants, IT companies, and a growing startup ecosystem, IIMV enjoys excellent corporate connect and live project opportunities.
📌 Final Words
Indian Institute of Management Visakhapatnam is steadily growing into a leading B-school in India. With its commitment to academic excellence, industry readiness, and holistic development, IIMV provides a strong platform for management aspirants to launch their careers.
Key Highlights Recap:
Strong mentorship by IIM Bangalore
100% placements with competitive packages
World-class faculty and infrastructure
Emphasis on research, innovation, and leadership
Vibrant campus life with cultural and professional gro