Last Updated on July 27, 2024
MBAUniverse.com News Desk
IIM Visakhapatnam, a New Generation IIM with high RoI and consistent rise in its placement packages, is turning to be a Trend Setter. IIMV application submission is open from January 2024 for the candidates who have appeared in CAT 2023 and opted for IIMV admission 2024. IIMV will send e mails and will invite applications from the eligible candidates before shortlisting process on its website. Last date to apply for IIM Vizag admission 2024 is to close on February 29, 2024
IIM Visakhapatnam, mentored by IIM Bangalore, is becoming a trend setter and path breaker with many USPs. IIM Vizag is a high RoI new generation IIM that started its operation in 2015. IIM Visakhapatnam does not participate in new IIM-CAP and will conduct its own Online PI round in April 2024. The PGP programme at IIM Visakhapatnam leads to award of MBA degree. If you have appeared in CAT 2023, have scored well and plan to pursue MBA 2024-26 from IIM Visakhapatnam, you need to register for IIM Vizag latest by February 29, 2024.
IIM Visakhapatnam Admission 2024 Highlights
Key highlights for IIM Visakhapatnam MBA Admissions 2024 including IIM Vizag Fees Structure, Placements, Courses Offered are as below:
| Programs Offered | PGP (MBA); EMBA |
| Exams & Score Cut offs | CAT 2023 (82%ile for Shortlisting) |
| IIM Vizag MBA Fees | Rs.17,82,960 |
| Placements 2023 | Highest Domestic Package: Rs.32 LPA Average Package: Rs.15.47 LPA |
| NIRF Ranking 2023 | Ranked # 29 among top 125 B-schools. |
| IIM Visakhapatnam Shortlist Criteria 2024 | Weightage Components: CAT 2023 Score:50%; Academics: 30%; Gender Diversity:10%; Work Ex:10% |
| IIM Visakhapatnam Final Selection Criteria | 25% Weight to CAT 2023 Score; 48% Weight to PI; Academics:12%; Gender Diverwity:5%; Work Ex: 10% |
| Last Date of Registration for IIMV Admission 2024 | February 29, 2024 |
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.
Apart from its flagship 2 years full time residential PGP programme, IIM Visakhapatnam also offers Post Graduate Program in Digital Governance and Management (PGP-DGM) for working professionals in a blended learning mode and Weekend Post Graduate Program for Experienced Professionals (PGPEx). All the three programmes lead to the award of Master of Business Administration (MBA) degree. Besides, IIM Visakhapatnam offers Ph.D Programme leading to Doctorate.
Read below the key USPs of IIM Visakhapatnam, its leadership, fee, placements, admission criteria, cut offs, eligibility, seats, step by step admission process and important dates for admission.
Table of Contents
1. IIM Vizag Admission Criteria for PGP 2024-26 Batch: Key Changes
IIM Visakhapatnam has changed the components and weights in selection process for PGP 2024-26 batch. Key changes in the admission process are:
2. IIM Visakhapatnam: Highlights and Key USPs
Despite beginning its journey just 8 years ago, IIMV has crossed several milestones and is maintaining a distinct lead. Key Highlights and USPs of IIM Visakhapatnam are:
3. IIM Vizag Leadership
IIM Visakhapatnam is led by its Director, Professor M. Chandrasekhar. He is an engineer and management professional by training. Between 1983 and 2002, he held senior management and top executive grade positions in the corporate world, in manufacturing and BFSI sectors. He was with the Administrative Staff College of India (ASCI), Hyderabad as a Professor from April 2002 to March 2017. He is the Director of IIM Visakhapatnam since March 22, 2017. He has served on the Boards of organizations in the public and private sectors. His interests are in Public Policy, Public Service Delivery, Performance Management in Public Sector Organizations, Administrative & Governance Reforms and Innovations in Public Systems.
4. IIM Visakhapatnam Fees
| IIMV Fee Component | IIM Vizag MBA Fees amount (In Rupees) | Important Points |
| PGP Programme Fee for 2 Years | Rs. 17,82,960 | Excludes Mess charges & personal expenses |
5. IIM Visakhapatnam Intake
IIM Visakhapatnam seats for PGP 2024-26 Batch have increased. IIM Vizag seats have gone up to 340 students. There are more than 30% female students in IIM Visakhapatnam present batch
6. IIM Visakhapatnam Placements 2023
IIM Visakhapatnam which started operation with first batch in 2015-16, has maintained a consistent record of 100% Placements. IIM Visakhapatnam placement 2022 have surpassed many long established B-schools including IIMs who could complete their final placement 2023 much later than IIMV.
The Final Placement Process for IIM Visakhapatnam was on rolling basis held on campus. The Institute witnessed 100 companies including 61 new recruiters participating in the process and rolling out multiple offers.
6.1 IIM-Visakhapatnam Placement 2023: Key Highlights
7. IIM Visakhapatnam Eligibility Criteria 2024
IIM Visakhapatnam, apart from offering 2 years full time PGP programme, also offers PGPEx, PGPDGM, PGCEP, EEP and Ph.D programmes. IIM Visakhapatnam is the only Indian Institute of Management among 7 newest IIMs to offer so many Post Graduate Management programmes leading to MBA degree. Below is shared program wise IIM Visakhapatnam Eligibility Criteria
| Programme Name Leading to MBA Degree | Duration | Eligible Candidate |
| PGP | 2 Years full time Residential | Bachelor’s degree with 50% marks Must have appeared in CAT 2023 |
| PGPEx | 2 Years part Time (Weekend) Non Residential | Bachelor’s Degree with 55% marks 3 Years full time work experience Must have taken CAT not more than 2 years ago |
| PGP-DGM | 20 Months blended learning programme | Bachelor’s degree with 55% marks 5 Years of Work Experience |
8. IIM Visakhapatnam Admission 2024: Important Dates
All the candidates who have registered and appeared for CAT 2023, opted for admission in IIM Visakhapatnam in the CAT 2023 application form, and obtain the required cut off percentile, will be considered for next stage of IIM Visakhapatnam Admission criteria. Important dates related to admission activities 2024 at IIM Visakhapatnam are as below:
| IIM Visakhapatnam Admission 2024 - Activity | Important Dates |
| CAT application 2023 Dates | Open from August 2 to September 21, 2023 |
| Appear in CAT 2023 Mandatory Exam | November 26, 2023 |
| Application Submission after declaration of CAT 2023 Result | January 6, 2024 onwards |
| IIM Visakhapatnam Last Date to apply | February 29, 2024 |
| Call for Personal Interview & Acceptance of Interview Consent form | March 18 to March 22, 2024 |
| Personal Interview Online | April 8 to April 30, 2024 in Online Mode |
| Admission Offers | May 20, 2024 |
| Program Registration Date | June 24, 2024 |
| Course Commencement | To be Announced |
9. IIM Visakhapatnam Admission Criteria 2024
There are 4 stages of IIM Visakhapatnam admission 2024:
Now check the stage wise IIM Vizag admission criteria 2024
Stage-I: Submission of CAT application, appearing in CAT and opting for IIM Vizag admission in CAT application form
Stage-2: All candidates who opted for IIM Vizag admission 2024 while applying for CAT 2024 and have scored required percentile as prescribed by IIMV, need to submit the detailed application online as available at the link on IIM Vizag official website. IIM Vishakhapatnam has clarified, “In the first phase process, all eligible candidates who have appeared for CAT 2023 and have selected IIM Visakhapatnam as one of their preferences in the CAT form will be considered. Candidates who qualify at this stage will be asked to apply for admission to PGP 2024-26 of IIMV through the IIMV website.”
Stage-3: IIM Visakhapatnam Shortlist 2024
IIM Visakhapatnam Shortlisting Criteria 2024 is a two step process – Pre shortlist followed by Shortlist for PI Round. While the pre-shortlisting is done based on IIM Vizag cut offs as announced in its admission policy, the shortlist for PI round at IIM Visakhapatnam is arrived by using multiple parameters and awarding high weightage to academic performance as well as to the section wise scores in CAT exam in shortlisting to judge the suitability of candidates for the PGP programme. After submitting the application for admission on IIM-V website, the candidates will need to wait for PI Call from IIM Visakhapatnam.
Stage 3.1 IIMV Pre-Shortlisting Criteria
Stage 3.1.1. IIM Visakhapatnam Cut Off in first Stage Shortlisting
Only the candidates above the minimum cut-offs in the CAT 2023 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2023 will be considered for all the subsequent stages. These are cut-offs used for preparing the first short-list. The actual CAT 2023 cut-offs for those who are called for interview could be much higher. Below are the minimum CAT 2023 cut offs required for shortlisting.
| Category | Section-1 VARC | Section-2 DILR | Section-3 QUANT | CAT 2023 Overall percentile |
| General | 70 | 70 | 70 | 82 |
| EWS | 63 | 63 | 63 | 72 |
| NC-OBC | 63 | 63 | 63 | 72 |
| SC | 40 | 40 | 40 | 50 |
| ST | 30 | 30 | 30 | 40 |
| PWD | 30 | 30 | 30 | 40 |
Source: IIMV Admission Policy 2024
Stage 3.2: IIMV Shortlisting Criteria for PI Round
Only those candidates who have met the minimum CAT 2023 percentiles requirements are considered in Phase 2 of Shortlisting for PI round. The candidates' percentage scores in the academics are considered for shortlisting alongwith CAT exam scores. Candidates with Chartered Accountancy, Cost Accounting, and Company Secretary certifications are awarded weight under professional course. No other professional course is eligible for weight under professional course. Work Experience is also given weightage in shortlisting for PI Round
Stage 3.2.1: IIM Visakhapatnam Shortlisting Criteria 2024 Weightage
IIM Visakhapatnam Shortlisting Criteria 2024 Weightage for key components are shared below:
| Component | Weight in percentage on a scale of 100 | Key Points to Note |
| CAT 2023 Percentile | 50 | Section-wise weight prescribed |
| Class 10 marks | 10 | 90 & Above percentile |
| Class 12 marks | 10 | 90 & Above percentile |
| Bachelors degree | 10 | Stream-wise weights |
| Gender Diversity | 10 | Awarded to Female Candidates, transgenders & Non Engineers |
| Work experience | 10 | Candidates with work ex from 1 year and below 3 years awarded highest weight |
Stage 3.2.2: Classification of CAT 2023 %ile Weightage in Shortlisting
The Weightage of 50 points for CAT 2023 percentile score is divided further into the performance in each of the three sections to shortlist candidates for PI round as under:
| CAT 2023 Section | Weightage Points in Shortlisting |
| Verbal & Reading Comprehension (VARC) | |
| Data Interpretation & Logical Reasoning (DILR) | |
| Quantitative Aptitude (QA) | |
| Total Maximum weight to CAT 2023 score | |
Stage-4: IIMV Final Selection Process & Weightages 2024
Stage 4.1 IIM Visakhapatnam Final Selection Criteria weights for Admission 2024
| Component | Percentage weight on a scale of 100 |
| Personal Interview (PI) | 48 |
| CAT 2023 score | 25 |
| 10th Class board marks | 4 |
| 12th class board marks | 4 |
| Bachelors degree marks | 4 |
| Diversity (Gender (Female & transgender)/Non-engineer) | 5 |
| Work experience | 10 |
| Total Weightage | 100 |
10. IIM Visakhapatnam Awards MBA Degree instead of PGDM Diploma
With the passing of IIM Act 2017, IIM Visakhapatnam is awarding MBA degree from its 2016-18 batch, instead of Diploma. The Indian Institutes of Management Act 2017 declares IIMs as Institutions of National Importance, empowered to attain standards of global excellence in management, management research and allied areas of knowledge.
11. Faculty at IIM Visakhapatnam
The team of faculty at IIM Visakhapatnam is recruited through a rigorous process of screening and assessment under the aegis of the Mentor Institute. Coming from IIMs and IITs, the faculty have impressive academic and research credentials. This cohort is complemented by faculty drawn from IIM Bangalore and experts from the industry.
12. Strengths of IIM Visakhapatnam
The campus of the Institute is well-equipped with knowledge resources, teaching-learning aids and facilities. The student hostels are modern and well-furnished, providing excellent board, lodging facilities and amenities conducive to technology-enabled knowledge-pursuit and recreation.
The Institute conducts Management Development Programs for the Senior Executives of Central Public-Sector Enterprises and a Faculty Development Program (FDP) for the Management Professors from the Public Universities of AP.
The Institute has partnered with the Mentor in promoting entrepreneurship among the women in the region. Titled as Women Start-up Program, the initiative is nurturing and building entrepreneurial skills in about 25 aspiring women-entrepreneurs, through mentoring, knowledge-support and incubation facilities. The Institute is all set to play an important role in facilitating creative ideas of women, convert into successful innovations.
13. IIM Visakhapatnam Admission Process 2024
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:
14. 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.
15. IIM Visakhapatnam identifies Most Promising Candidates
The two-year, full-time, residential programme PGP 2024-26 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.
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 230 acre campus of IIM Visakhapatnam gets ready. 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
Located in its temporary, but state-of-the-art facility in the salubrious Andhra University campus in the ‘City of Destiny’, Visakhapatnam, IIMV has begun the process for building a permanent, full-fledged, word-class campus on approx. 230 acres of land in the vicinity of the upcoming green-field international airport, about 25 kilometres from the present campus. 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.
IIM Visakhapatnam came into being in 2015 as one of the 7 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.
IIM Visakhapatnam started its journey in imparting management education with 46 students which has grown to 189 students now. Six PGP batches have passed out of IIM Visakhapatnam with great learning experience and high placement offers.
Check Latest Courses, Fees, Admissions, Placements, Rankings Updates on IIM Visakhapatnam
