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IIM Visakhapatnam Placements

Indian Institute of Management Visakhapatnam final placement season has been completed. During IIM Visakhapatnam placements for batch 2022-2024 (finals) and 2023-2025 (Summer), 177 companies participated of which 117 were new recruiters. IIM Visakhapatnam highest salary package stood at Rs 43.25 LPA which is about 25% higher than the previous year's highest salary package. 

IIM Visakhapatnam overall average package stood at Rs 15.64 LPA. IIM Visakhapatnam average salary package for the top 10% of students was Rs 28.6 LPA while for the top 25% of students was Rs 24.62 LPA. Some of the top recruiters who participated in the campus placements of IIM Visakhapatnam are Microsoft, KPMG, Thermofisher, HPCL, Bosch, Latent View Analytics and many others. 

IIM Visakhapatnam Placement Process 2024

  • The Career Development Services (CDS) Office and the Student Placement Committee oversee the recruitment process at the Institute. 

  • Then, Pre-placement talks are conducted in which opportunities are provided to the students and companies to interact and exchange information.

  • Based on the company presentation and their individual interest levels, students can apply.

  • Companies are requested to send shortlists to the CDS Office at least one week prior to the commencement of final placement interviews. During their visit to the campus, companies interview the shortlisted candidates and extend job offers to those selected.

  • After the interviews, companies extend employment offers. The Institute's Placement Policy determines whether or not students accept the offers. Within two weeks of the interview date, a formal offer letter may be mailed to the CDS Office.

IIM Visakhapatnam Placement Highlights 2022-2024

Candidates can refer to the table given below for details of the IIM Visakhapatnam placement statistics for the academic year 2022-2024. 

IIM Visakhapatnam Placements 2022-2024

Particulars

Placement Statistics

No. of companies visited

177

New Recruiters

117

Highest Salary Package

Rs 43.25 LPA

Overall Average Salary Package 

Rs 15.64 LPA

Average Salary of top 10% of students

Rs 28.6 LPA

Average Salary of top 25% of students

Rs 24.62 LPA

IIM Visakhapatnam Placements - Sector-Wise 2022-2024

The table given below gives key highlights of sector-wise IIM Visakhapatnam placements.

Sector

Placement Percentage

Finance Services and Insurance

34%

IT and Consulting

31%

Manufacturing

12%

Logistics

7%

Retails

1%

FMCG

1% 

Others

15%

IIM Visakhapatnam Placements 2023

Refer the table given below to see the key highlights of IIM Visakhapatnam placements.

Particulars

Statistics

Students placed

100%

Highest salary offered

Rs. 32.65 lakhs

Average salary of top 10%

Rs. 29.03 lakhs

Average salary of top 25%

Rs. 23.63 lakhs

Average salary of top 50%

Rs. 20.24 lakhs

Average salary 

Rs. 16.61 lakhs

Median salary

Rs. 16.0 lakhs

IIM Visakhapatnam Placement - Top Recruiters

The table given below gives details of the top recruiters at IIM Visakhapatnam placements during summer of 2024.

Accenture

Adani

Cognizant

Deloitte

Axis Bank

TVS Credit

Mahindra Logistics

ArcelorMittal Nippon Steel

HSL

Bosch

NSDC

FedEx

Note: IIM Visakhapatnam placement cell acts as a bridge between students and organisations and invites many top companies for placements. 

Top IIMs Placements - Official Website

Candidates can compare the placement statistics of top IIMs in the below table.

College
Highest Package
Average Package

IIM Visakhapatnam

Rs 43.25 LPA

Rs 15.64 LPA

IIM Rohtak

Rs 48.25 LPA

Rs 19.27 LPA

IIM Amritsar

Rs 36.25 LPA

Rs 16.51 LPA

IIM Calcutta
Rs 1.15 Crores P.A
Rs 35.07 LPA

The table above has data taken from the official website of the institutes.

Domain

Management and Business Administration

Level

PG

Year

2 Years

Statistics for Academic Year 2022

ParticularsStatistics
First year total students intake 140
Total students admitted 153
Total Graduated Students 132
Total Placed Students 130
Placement Percentage 98.48
Median Salary 15.46 L

Key takeaways from IIM Visakhapatnam's Placement Statistics

  • The Placement Percentage of IIM Visakhapatnam has decreased by 0.71 %
  • The Median salary of IIM Visakhapatnam has increased by 22.38 %
  • The Placement Percentage of IIM Visakhapatnam is better than 2 colleges that are ranked higher
  • The Median salary of IIM Visakhapatnam is better than 4 colleges that are ranked higher

Students Review for IIM Visakhapatnam

Excellent infrastructure, academics and placements

Verified ReviewPlacements

The placement cell is also good. The great success of our college.Mostly my batch were already placedin campus interviews. Companies like Accenture,TCS etc.. Their way of teaching is helpful for higher studies and useful for a better career.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

College placements are good.

Verified ReviewPlacements

Students become eligible for placements right from the 4th Term. Around 180-190 companies visited the campus for placements last year The highest package offered was around 32 Lacs per annum and the average package was around 16 Lacs per annum. IIM Visakhapatnam has a 100 percent placement rate My plan is to join the marketing department of a reputed company as a Brand Manager. All students get placed.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

The college have good placements and faculty.

Verified ReviewPlacements

There were 100% placements for my batch, and even our juniors had 100% summer internships, and we had an average stipend of 45000 per month. The highest salary package offered is 21.5 LPA, and an average salary package offered is 12 LPA. One student of our batch got the highest stipend of 1.2 lacs.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

Have a question related to IIM Visakhapatnam ?

Hello there. Hope you are doing good. I would like to tell you that all the IIMs only accept CAT score. APICET score or any other entrance exam is not accepted by any of the IIMs. You need to clear the CAT cutoffs to get admission into any of the IIM. I hope you found this answer helpful. Good luck for your future.

Hello aspirant,

Admission in IIMs are dependent upon different criteria while the most important and the thing which carries the most weightage is the CAT scores, For admission in Different IIMs there are different cutoffs while some go upto 99-100 percentile others go up to 80-85 also, it depends on caste and category aswell, other than that in top IIMs you will be able to get admission on the basis of GD scores, PI scores, experience scores, 10th, 12th and graduate percentages etc.

There are a lot of factors associated with admission in IIMs and you can know the required cutoff and more information about it in the following website,

https://bschool.careers360.com/articles/iim-admission-criteria

I hope this helps.


hi,

its true that iims and some of other top ranked institute shortlisted candidates as per their academic record and  cat or any other management aptitude  test score. see right now which of institute name you have mentioned is also comes under tier 1 college. now you need to focus on your presentation skills, communication approach  to get shortlisted in final rounds. so keep calm and focus on your goal, I think you will surely crack it.

IIM Visakhapatnam Frequently Asked Questions (FAQ's)

1: How many students got placed in the IIM Visakhapatnam placement drive 2021?

Total 121 students got placed in the IIM Visakhapatnam drive 2021.

2: What was the average stipend offered to the students in the summer placements in 2022?

Rs. 57,700 was the average stipend offered in the summer placement 2022.

3: What was the highest salary offered to the students in IIM Visakhapatnam placement drive 2022?

Rs. 31.60 Lakhs was the highest salary offered to a student in the year 2022.

4: Who are IIM Visakhapatnam's top recruiters?

Some of the top recruiters of IIM Visakhapatnam are Amazon, Virtusa, HDFC Bank, ZS, TVS, Tech Mahindra and many more.

5: Does the IIM Visakhapatnam provides internship opportunities to the students?

Yes, summer internship opportunities are provided by the IIM Visakhapatnam placement cell.

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