IIM Visakhapatnam Admission 2019: Eligibility, Criteria, Process, Cut-off, Fees

IIM Visakhapatnam Admission 2019
Tuesday, October 09 2018, 03:11 PM
IIM Visakhapatnam has increased the weightage of academic profile to 50% in arriving at the shortlist for PI-WAT round while the score in PI-WAT commands highest weightage of 40% in preparing the final merit list for admission. Only the eligible candidates who reconfirm their interest to IIMV are considered for shortlisting as per Admission Criteria 2019-21. The PGP 2019-21 batch of IIM Visakhapatnam will be awarded MBA degree instead of earlier Diploma

IIM Visakhapatnam is the first and only one among the seven newest Indian Institutes of Management (IIMs) that has announced the admission criteria for the PGP 2019-21 batch. Mentored by IIM Bangalore, IIM Visakhapatnam will conduct its own PI-WAT for final selection instead of participating in Common Admission Process (CAP) 2019 for new IIMs.

IIMV to Award MBA Degree
The Post Graduate Programme in Management (PGP) of IIM Visakhapatnam is a master’s level programme. With effect from 2018, IIM Visakhapatnam has started awarding MBA degree to the PGP students instead of diploma. The 2 years Post Graduate Programme (PGP) at IIM Visakhapatnam has been accorded equivalence with Master’s degree of an Indian University by the Association of Indian Universities (AIU) for the purpose of admission to higher studies. IIMV provides an opportunity to select electives in the first year of PGP.

BIMTECH Admissions 2019 open

Admission Criteria identify Most Promising Candidates
IIM Visakhapatnam Admission Criteria 2019-21 seek to identify the most promising candidates for the PGP batch of 2019. The Institute uses parameters like academic performance in 10th standard examination, 12th standard examination and Bachelor’s degree examination, candidates’ scores in CAT, as well as performance in Personal Interview and Written Ability Test to judge the suitability of candidates for the PGP program. Besides, relevant work experience, if any, is also given weight in the selection.

Less Weightage to CAT 2018 Score
IIM Visakhapatnam uses the CAT 2018 score to establish the minimum level of proficiency that is expected from the candidate in respective areas as indicated by section wise minimum scores in the CAT. While in the shortlisting process, CAT 2018 score is awarded 40% weight, in the final selection criteria, the weight for CAT 2018 exam score is only 25%.  Multiple criteria are used to arrive at a composite score while making final admission offer. IIM Visakhapatnam admission criteria 2019 will adopt a phased selection process and the selection criteria are applied in three phases. The admission criteria , parameters and weights used are uniform for all categories of candidates.

It is mandatory for the candidates who wish to pursue MBA from IIM Visakhapatnam to register and apply for CAT 2018 before September 26, 2018 and must appear in the CAT 2018 exam on November 25, 2018. A balanced score in all the three sections of CAT 2018 and good academic profile is the key to get admission in IIM Visakhapatnam.

The two-year, full-time, residential programme PGP 2019-21 at Indian Institute of management (IIM) Visakhapatnam is designed to equip students to take on leadership roles in an increasingly complex and dynamic global scenario. The programme lasts six trimesters, spread over two years, with a summer project intermediary. 

IIM Visakhapatnam Admission Eligibility

  1. IIM Visakhapatnam eligibility criteria require that the candidate must hold a bachelor's degree, with at least 50% marks or equivalent CGPA (in case of the candidate belonging to SC/ST/PwD category, the eligibility criterion is relaxed to 45%
  2. The candidate should appear in CAT 2018 exam and must score minimum prescribed sectional and overall score to become eligible for admission at IIM Visakhapatnam
  3. If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine PGP admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IIM Visakhapatnam by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
  4. A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for IIM Visakhapatnam Admission 2019-21. Such a candidate must produce a certificate from the principal/head of the department/ registrar/director of the institution/university certifying that the candidate is currently in the final year or is awaiting final results and has obtained at least 50% marks or equivalent (45% in case of the candidate belonging to SC/ST/PwD category) based on latest available grades/marks.
  5. IIM Visakhapatnam Eligibility criterion further clarifies that such a candidate, if selected, will become ineligible for the IIM Visakhapatnam admission unless he/she submits a certificate latest by June 30, 2019 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2019) stating that they have completed all the requirements (the result may, however, be awaited) for obtaining the bachelor's degree/equivalent qualification on the date of issue of the certificate.
  6. It is mandatory for a final year student, who is provisionally considered eligible by IIM Visakhapatnam and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination held on or before June 30, 2019.  The deadline to submit the mark-sheet and the certificate is December 31, 2019. 

IIM Visakhapatnam Admission Criteria
IIM Visakhapatnam Admission Criteria 2019-21 is a three step process – Pre shortlisting criteria, Shortlisting criteria for PI-WAT with  40% weight for CAT 2018 score and 50% Weight to Academics, followed by Final admission selection Criteria comprising PI-WAT with only 25% weightage to CAT 2018 score.

IIM Visakhapatnam uses multiple parameters and award high weightage to academic performance in Class 10 and 12, bachelor’s degree as well as the section wise scores in CAT exam to judge the suitability of candidates for the PGP programme.  

Phase-1: Pre-Shortlisting Criteria

  • In the first phase, all eligible candidates who have appeared for CAT 2018 and have applied for IIM Visakhapatnam are considered for shortlisting
  • Candidates who qualify at this stage will be asked to reconfirm their interest for admission to PGP 2019-21 of IIMV sometimein the month of April 2019
  • The shortlist of candidates is based on securing minimum section-wise and aggregate percentile scores in CAT 2018 exam
  • Candidates obtaining a positive (greater than zero) raw score in all sections of CAT-2018 will only be considered for Shortlisting
  • All the subsequent processing, standardization and selection is limited to candidates belonging to this first shortlist alone. Accordingly, only CAT 2018 score is used as the basis for arriving at the shortlist for PI-WAT round
  • IIM Visakhapatnam will send e-mail to all candidates who have applied to IIM Visakhapatnam and also meet the minimum CAT 2018 percentile requirements around third week of April 2019.
  • The E-mail will have a link to a web page where the candidates must reconfirm, by a stipulated date, their interest to pursue their candidature further, for admission to PGP 2019-21 at IIM Visakhapatnam.  

Phase-2: IIMV Shortlisting Criteria for PI-WAT

  • Only those candidates who meet the minimum CAT 2018 percentiles requirements, and have reconfirmed their interest, by the stipulated date, for admission to PGP 2019-21 of IIM Visakhapatnam will be considered in Phase 2 of Shortlisting for PI-WAT round
  • The candidates' percentage scores in the 10th and 12th board exams are initially adjusted by dividing each such score by the 90th percentile score obtained in that board. Final scores obtained by the candidates are used for the bachelor’s degree and professional degrees (if any). Incomplete or intermediate scores are considered only if the candidates final score is pending.
  • Candidates with Chartered Accountancy, Cost Accounting, and Company Secretary certifications are eligible for weight under professional course. No other professional course is eligible for weight under professional course.
  • Work Experience will also be given weightage in shortlisting for PI-WAT

IIM Visakhapatnam Admission Shortlisting Criteria 2019-21 Weightage Parameters are shared below:

Component
Weight in percentage on a scale of 100
Key Points to Note
CAT 2018 Percentile
40
Section-wise weight prescribed
Class 10 marks
20
90 & Above percentile
Class 12 marks
10
90 & Above percentile
Bachelors degree
20
Stream-wise weights
Gender diversity
 2
Awarded to Female Candidates
Work experience
 8
3 Yrs & Above awarded highest weight

The Weightage of 40 points for CAT 2018 percentile score is divided further  into the performance in each of the three sections to shortlist candidates for PI round as under:

CAT 2018 Section
Weightage Points in Shortlisting
Weightage percentage
Verbal & Reading Comprehension (VARC) 
14
14%
Data Interpretation & Logical Reasoning (DILR) 
16
16%
Quantitative Aptitude (QA) 
10
10%
Total Maximum weight to CAT 2018 score 
40
40%

Phase-3: IIMV Final Admission Selection Round Criteria

  • All the shortlisted candidates are eligible to participate in Final selection round for admission to IIM Visakhapatnam
  • All the shortlisted candidates will be invited to submit a detailed application, including a statement of purpose, details of semester wise / year wise marks in Bachelor’s degree etc., copies of all academic transcripts & certificates, copies of work experience certificates (if applicable), certificate of disability (if applicable), scheduled caste / scheduled tribe / other backward class – non-creamy layer certificate (if applicable)
  • IIM Visakhapatnam selection criteria after final admission round award 30% weight to Personal Interview(PI); 10% weight to Written Abulity Test (WAT); 25% weight to CAT 2018 Score; 10% weight to Class 10 Marks; 5% weight to Class 12 marks; 10% weight to Bachelor’s degree marks and 10% weight to work experience.
  • The maximum weightage of 10 points for work experience will be awarded by IIM Visakhapatnam in final selection round on the basis of length of work experience and quality of work experience as on July 31, 2018. The candidate with managerial work experience of 36 months & above after graduation will be awarded the 10 points. No weightage will be awarded for the work experience below 6 months. Besides, Training/Project work/work done as an integral part of curricular requirement will not be considered.
  • WAT at IIM Visakhapatnam will be of 30 minutes duration. The performance of each candidate on the Written Ability Test (WAT) will be scored in terms of content and style
  • All candidates will be required to provide two confidential reference letters from their employers or from teachers in the academic insitutions where they had been students previously before the PI round at IIM Visakhapatnam
  • The candidates who are shortlisted and interviewed by any one or more of the IIMs at Bangalore, Calcutta, Indore, Kozhikode, Lucknow (only for their PGP/PGPM programs), will not be required to appear for the personal interview of IIM Visakhapatnam. For these candidates, their Personal Interview (PI) / Written Ability Test (WAT) scores from the above IIMs will be used to derive their PI /WAT scores for IIMV
  •  Candidates who are not shortlisted and interviewed by any of the IIMs at Bangalore, Calcutta, Indore, Kozhikode, Lucknow (only for their PGP/PGPM programs) will be required to appear for a Personal Interview (PI) / Written Ability Test (WAT) conducted by IIM Visakhapatnam.

IIM Visakhapatnam Final Selection Criteria weights for Admission 2019-21

Component
Percentage weight on a scale of 100
WAT score
  10
Personal Interview (PI)
  30
CAT 2018 score
  25
10th Class board marks
  10
12th class board marks
    5
Bachelors degree marks
  10
Work experience
  10
Total Weightage
100

IIM Visakhapatnam Admission Cut Off

  • IIM Visakhapatnam Cutoff 2019 has been liberalised for admission 2019-21.
  • Only the candidates above the minimum cut-offs in the CAT 2018 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2018 will be considered for all the subsequent stages.
  • These are cut-offs used for preparing the first short-list
  • The actual CAT 2018 cut-offs for those who are called for interview could be much higher

Below are the minimum CAT 2018 cutoffs required for shortlisting.

Category
Section-1 VARC
Section-2 DILR
Section-3 QUANT
CAT 2018 Overall percentile
General
85               
80              
 80            
90             
NC-OBC
75               
70              
70             
80             
SC
60               
60            
60            
75             
ST
50               
50              
50             
55           
PWD
50               
50              
50             
60             

IIM Visakhapatnam Admission Process
IIM Visakhapatnam Admission process is based on the relationship between academic performance of students of the PGP in IIM Visakhapatnam and their past academic performance, their CAT score, performance in the admission interview and prior work experience.

Following steps are included in the IIM Visakhapatnam Admission process:

  • Step 1: The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT 2018 to be considered for first stage screening process for admission at IIM Visakhapatnam
  • Step 2: Candidates are short-listed for Personal Interview (PI) and Written Ability Test (WAT) from among the candidates who have a valid CAT-2018 score, who have excellent academics, who have applied to the programme, who satisfy the eligibility criteria for the PGP programme and have reconfirmed their interest to pursue PGP at IIM Visakhapatnam in response to their e-mail.
  • Step 3: IIM Visakhapatnam will identify many candidates for shortlisting for the PI round with an excellent academic record and work experience but who may have narrowly missed the high score that would have been required if CAT alone was the basis for the PI shortlist. Such candidates will be preferred in the shortlisting process as against those who have only a high CAT score but have poor academic profile and poor quality of work experience.  The emphasis in shortlisting process at IIM Visakhapatnam is on consistent and high performance in academics and other parameters.
  • Step 4: After the WAT & PI round, admission offers are made by IIM Visakhapatnam to successful candidates. The final selection is based on a diverse set of attributes which includes performance in WAT & PI, Performance in past academics, Performance in CAT 2018, Quality of Work Experience among others
  • Step 5: Final Admission Offer will be made by IIM Visakhapatnam to the candidates in the last week of May 2019 on the basis of Final Score arrived after awarding the weightage scores on all the components. The academic session as IIM Visakhapatnam begins in July 2019.

IIM Visakhapatnam Fees

  • The Total programme fees payable by PGP students at IIM Visakhapatnam covers the expenses towards Tuition, Library, Internet, Case Permission Royalty, Course Material, Hostel Room Rent, Mess Charges, Medical Insurance, Personal Accident Insurance and Alumni Activity.
  • PGP 2019-21 at IIM Visakhapatnam is fully residential 2 years management course.
  • IIM Visakhapatnam Fee Structure is detailed below:
Fee Component
Fee amount (In Rupees)
Important Points
PGP Programme Fee for 2 Years
Rs. 12,00,000
Excludes personal expenses

Intake: May increase from 60
IIM Visakhapatnam may increase the intake from 60 students in its PGP 2019-21 batch.  

IIM Visakhapatnam: Hostel facility
The temporary campus at IIM Visakhapatnam is not equipped with on campus hostel accommodation and candidates shall have to move to off campus hostel accommodation. While IIM Visakhapatnam operates from Andhra University campus, it has arranged two separate 5-storey buildings which are 3 KM away from campus with a capacity of 60 students each on a double occupancy basis. Institute provides transportation to students for commuting between the Institute and hostels. All the rooms are air conditioned and furnished.

IIM Visakhapatnam Placements
IIM Visakhapatnam which started operation with first batch in 2015-16, has maintained a consistent record of 100% Placements. For the 2016-18 batch, it reported yet again 100% placement with higher average salary. Total students eligible for placement were 45 and including PPOs the total number of offers received are 50 from 42 recruiters.

IIM Visakhapatnam placements 2018 have surpassed many long established B-schools including IIMs who could complete their final placement 2018 much later than IIMV.

The Final Placement Process for IIM Visakhapatnam was on rolling basis held on campus, and the Institute witnessed 42 companies participating in the process and multiple offers being rolled out.

  • 18% of the students received PPO/PPIs
  • Average salary for the batch is Rs. 12.07 LPA
  • 44.4% Roles were offered in Sales & Marketing
  • Top Recruiters in Placement 2018 include ICICI Lombard, HDFC Bank, KPMG, Amul, Deloitte, Bosch, Sutherland Global Services, TechAspect, Click Labs, MuSigma, Perceptive Analytics, Government of Andhra Pradesh (GoAP)

IIM Visakhapatnam came into being in 2015 as one of the 6 IIMs announced in the Union Budget 2014. While 5 of the 6 IIMs got finalized in the Budget 2014, the fate of IIM Visakhapatnam took the final shape in the Budget 2015 till then it remained a Government Ordinance entity. IIM Bangalore is the mentor IIM to IIM Visakhapatnam.

Classes at IIM Visakhapatnam are held at the temporary premises allotted to it at Andhra University campus and will continue at the temporary campus till the 300 acre campus of IIM Visakhapatnam gets ready. The temporary campus of the institute is being run at “Andhra Bank School of Business Building” in Andhra University premises. Necessary renovation was done to provide state-of-the-art facilities such as Seminar Room with Video Conferencing, Class rooms, discussion rooms, library, student lounge and cafeteria

Under the IIM Act 2017, effective from 31/01/2018, the Institute has become a body corporate and declared as an Institution of National Importance. The temporary campus at IIM Visakhapatnam doesn’t have on campus hostel accommodation and candidates are accommodated to off campus hostel accommodation.

Stay tuned to MBAUniverse.com for more updates on IIM Visakhapatnam