IIM Visakhapatnam Admission 2020: Final Selection Result Out for MBA 2020-22 Batch; Check Status, Cut-off, Fees, Process

MBAUniverse.com News Desk |
May 21, 2020
IIM Visakhapatnam has released the Final admission Result 2020 for MBA 2020-22 batch. Necessary admission offers to the selected candidates have been sent on May 20, by email. An online payment of the offer acceptance fee of Rs.50,000/- along with Rs. 1,77,500/- towards part payment of Term-1 Tuition Fee must be made by the stipulated date. The B-school changed its shortlisting criteria by reducing the cut off and the weightage to CAT score
IIM Visakhapatnam Admission 2020

IIM Visakhapatnam, mentored by IIM Bangalore has released final admission result 2020 for MBA 2020-22 batch. The institute has sent the necessary admission offers to the selected candidates on May 20, by email. Please note that only those candidates who have been selected or waitlisted can find their name in the admission status details on the IIM Visakhapatnam admission website. You can check your admission status by entering your CAT 2019 application number and Email ID as registered for CAT 2019 exam.

iimv

Pay Rs.2,27,500 towards Offer Acceptance Fee & Part of Tuition Fee
In order to accept this offer of admission at IIM Visakhapatnam  All the selected candidates must pay an amount of Rs.50,000/- (Rupees fifty thousand only) and 1,77,500/- (Rupees One Lakh Seventy-seven thousand Five Hundred) towards part payment of Tuition Fee (Term-1) by using the online payment link which is available on the IIM Visakhapatnam website.

If you have received the admission offer, you must pay the Fee by the stipulated date online as mentioned in your offer letter.

Selected Candidates Informed by Email
After releasing the final result for MBA 2020-22 admissions, IIM Visakhapatnam has intimated the selected candidates directly by email.

Academic Session 2020-21
IIM Visakhapatnam will inaugurate its new batch on July 20 and organize orientation programme from July 21 to 31, 2020 followed by preparatory programme from August 3 to 28, 2020. The institute will commence the classes for academic session on August 31, 2020. The institute may initially conduct classes in online mode.

IIM Visakhapatnam opened its admission 2020 application process on January 6, 2020 after declaration of CAT 2019 exam result on January 4. IIMV was the first among the baby IIMs to open its admission process for eligible candidates.

After submitting the application for admission on IIM-V website, the candidates needed to reconfirm their interest at IIM Visakhapatnam to receive interview call. Instead of awarding diploma, IIM Visakhapatnam has started awarding MBA degree to the students of its 2 year flagship Post Graduate Programme in Management (PGP).

iim visakhapatnam shortlist

  

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IIM Visakhapatnam Shortlist 2020
Elaborating its shortlisting and admission criteria 2020, IIM Vishakhapatnam clarified, “In the first phase process, all eligible candidates who have appeared for CAT 2019 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 2020-22 of IIMV through the IIMV website.”

IIM Visakhapatnam Admission Cut Off  

  • IIM Visakhapatnam Cutoff has been liberalised for admission 2020
  • Only the candidates above the minimum cut-offs in the CAT 2019 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2019 were considered for all the subsequent stages.
  • These are cut-offs used for preparing the first short-list
  • The actual CAT 2019 cut-offs for those who are called for interview could be much higher

Below are the minimum CAT 2019 cut offs required for shortlisting.

Category
Section-1 VARC
Section-2 DILR
Section-3 QUANT
CAT 2019 Overall percentile
General
80               
80              
80
85             
NC-OBC
60             
60        
60            
60            
SC
50          
50
50
55
ST
30             
30
30
40
PWD
30         
30
30
40             

Source: IIMV Admission Policy 2020

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, Medical Insurance, Personal Accident Insurance and Alumni Activity.
  • Additionally, an amount of INR 25,000/- per Term will be charged towards advance for mess and other expenses.
  • PGP 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. 13,65,000
Excludes Mess charges & personal expenses

IIM Visakhapatnam Placements
IIM Visakhapatnam which started operation with first batch in 2015-16, has maintained a consistent record of 100% Placements. For the 2018-20 batch, it reported yet again 100% placement with higher average salary. IIM Visakhapatnam placements 2020 have surpassed many long established B-schools including IIMs who could complete their final placement 2020 much later than IIMV.

The Final Placement Process for IIM Visakhapatnam was on rolling basis held on campus, and the Institute witnessed 75 companies participating in the process and multiple offers being rolled out.

IIM-V Placement Highlights

  • Placement held on a rolling basis
  • 75 Companies Participated in Placement 2020
  • Average Salary increased to Rs.13.08 LPA from Rs.12.61 LPA last year
  • Highest Salary increased to Rs.27 LPA from Rs.22 LPA last year
  • Number of PPOs/PPIs increased to 16 from 5 last year
  • Out of the eligible Batch of 100 students, 1 opted out
  • Top Recruiters included Amazon, Amul, KPMG, Mu Sigma, GMR Group, Franklin Templeton, ICICI,  TVS Motors, Wipro among others

Intake: 120 Students
IIM Visakhapatnam has increased the intake to 120 student from 60 earlier in its PGP batch

Programmes Offered by IIM Visakhapatnam
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.

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
PGPEx
2 Years part Time Non Residential
Bachelor’s Degree with 55% marks
3 Years full time work experience
Must have taken CAT not more than 2 years ago
PGPDGM
18 Months full Time Residential
Bachelor’s degree with 55% marks
5 Years of Work Experience

The PGP Programme at IIM Visakhapatnam is unique among new IIMs as it provides an opportunity to select electives in the first year of the programme.

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. Mentored by IIM Bangalore, IIM Visakhapatnam will conduct its own PI-WAT for final selection instead of participating in Common Admission Process (CAP) 2020 for new IIMs.

IIM Visakhapatnam Admission Criteria 2020
IIM Visakhapatnam Admission Criteria 2020 is a three step process – Pre shortlisting criteria, Shortlisting criteria for PI-WAT followed by Final admission selection Criteria comprising PI-WAT.

IIM Visakhapatnam uses multiple parameters and award 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.

IIMV Pre-Shortlisting Criteria

  • In the first phase, all eligible candidates who have appeared for CAT 2019 and have applied for IIM Visakhapatnam are considered for shortlisting
  • Candidates who qualify at this stage are asked to reconfirm their interest for admission
  • The shortlist of candidates is based on securing minimum section-wise and aggregate percentile scores in CAT 2019 exam
  • All the subsequent processing, standardization and selection is limited to candidates belonging to this first shortlist alone. Accordingly, only CAT 2019 score is used as the basis for arriving at the shortlist for PI-WAT round
  • IIM Visakhapatnam is sending e-mail to all candidates who have applied to IIM Visakhapatnam and also meet the minimum CAT 2019 percentile requirements in the last week of January 2020.
  • The E-mail has a link to a web page where the candidates must reconfirm their interest to pursue their candidature further, for admission to PGP 2020 at IIM Visakhapatnam. 

IIMV Shortlisting Criteria for PI-WAT Round

  • Only those candidates who have reconfirmed their interest and meet the minimum CAT 2019 percentiles requirements are considered in Phase 2 of Shortlisting for PI-WAT 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-WAT

IIM Visakhapatnam Shortlisting Criteria 2020 Weightage are shared below:

Component
Weight in percentage on a scale of 100
Key Points to Note
CAT 2019 Percentile
40
Section-wise weight prescribed
Class 10 marks
12
90 & Above percentile
Class 12 marks
10
90 & Above percentile
Bachelors degree
20
Stream-wise weights
Diversity
10
Awarded to Female Candidates & Non Engineers
Work experience
 8
3 Yrs & Above awarded highest weight

The Weightage of 40 points for CAT 2019 percentile score is divided further  into the performance in each of the three sections to shortlist candidates for PI round as under:

CAT 2019 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 2019 score  40 40%

IIMV Final Selection Process & Weightages 2020

  • All the shortlisted candidates need 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)
  • The maximum weightage of 5 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, 2019. The candidate with managerial work experience of 36 months & above after graduation will be awarded the 5 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 2020

Component
Percentage weight on a scale of 100
WAT score
    5
Personal Interview (PI)
  25
CAT 2019 score
  25
10th Class board marks
    5
12th class board marks
    5
Bachelors degree marks
  10
Diversity (Gender (Female & transgender)/Non-engineer)
  20
Work experience
    5
Total Weightage
100

IIM Visakhapatnam Admission Process 2020
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 2019 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-2019 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 2019, 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 2020 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 2020.

IIM Visakhapatnam Admission 2020: Important Dates 
Those who have selected IIM Visakhapatnam as one of their preferences in the CAT 2019 form and also meet the minimum CAT 2019 percentile requirements, had to apply for admission to PGP 2020-22 at IIM Visakhapatnam website as per following schedule by filling a detailed online application.

IIMV Admission Activity
Start Date
Last date
Application Submission
January 6, 2020
March 23, 2020
Re-confirmation of Interest
April 7, 2020
April 15, 2020
Shortlist & Call for Personal Interview
April 16, 2020
April 24, 2020
Personal Interviews
April 24, 2020
May 5, 2020
Admission Offers
May 20, 2020
Waitlists if required
Program Registration
July 15, 2020
--
Batch Inauguration
July 20, 2020
--
Orientation
July 21, 2020
July 31, 2020
Preparatory Program
August 3, 2020
August 28, 2020
Commencement of classes for Term-1
August 31, 2020
Online/offline as per the situation

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-V identifies Most Promising Candidates
The two-year, full-time, residential programme PGP 2020-22 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 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.

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