IIM Visakhapatnam Placements 2024 was concluded with 100% placements. IIM Visakhapatnam average package stood at INR 15.64 LPA whereas IIM Visakhapatnam highest package stood at INR 43.25 LPA. The highest package increased by 25% than the last year. 4 students received international offers with an average package of INR 19.5 LPA. The highest number of offers came from the BFSI sector (34%) followed by the Consulting sector (31%). 177 companies participated in the placement drive among which 117 were new recruiters. Some of the top recruiters included Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc.
IIM Visakhapatnam Summer Internship Placements 2024 has been concluded. IIM Visakhapatnam highest stipend stood at INR 2.5 Lakhs per month and IIM Visakhapatnam average stipend increased by 38% which stood at INR 79 K per month. 100% summer placements were recorded. IT / ITES sector alone made 22% Internships offers.
Table of Content
As per the Information collected by Collegedunia. The following table represents the sector wise analysis for the batch 2024 at IIM Visakhapatnam:
Sectors | CTC Range |
---|---|
BFSI | INR 10 – 30.5 LPA |
Construction/ Energy/ Manufacturing | INR 10 – 18 LPA |
Consulting | INR 10 – 22 LPA |
FMCG/ FMCD/ FMEG | INR 12.5 – 20 LPA |
IT/ Telecom | INR 13 – 42 LPA |
Others | INR 15 – 30 LPA |
IIM Visakhapatnam BFSI Sector Placements for batch 2024 is tabulated below:
Company | CTC (LPA) |
---|---|
Anand Rathi | INR 14 LPA |
AU Small Finance Bank | INR 10 - 12 LPA |
Axis Bank | INR 14 - 15.5 LPA |
Crisil | INR 10.5 LPA |
Decimal Point | INR 30.5 LPA |
Digit Insurance | INR 11 LPA |
Goldman Sachs | INR 16 LPA |
ICICI Bank | INR 16.5 - 19 LPA |
ICICI Lombard | INR 16.5 LPA |
ICICI Prudential | INR 13 - 17 LPA |
Invesco | INR 18 LPA |
PnB Metlife | INR 14 LPA |
TATA AIG | INR 19.5 LPA |
TVS Credit Services | INR 15 LPA |
IIM Visakhapatnam Construction/ Energy/ Manufacturing Sector Placements for batch 2024 is tabulated below:
Company | CTC (LPA) |
---|---|
GMR Group | INR 15 LPA |
Jindal | INR 16 LPA |
L & T | INR 16 LPA |
TVS Motors | INR 16 LPA |
UltraTech | INR 18 LPA |
Volvo | INR 10 LPA |
Yokohama | INR 14 LPA |
IIM Visakhapatnam Consulting Sector Placements for batch 2024 is tabulated below:
Company | CTC (LPA) |
---|---|
Accenture | INR 16.5 – 18 LPA |
Cognizant | INR 15 - 22 LPA |
Deloitte | INR 11.5 LPA |
EY | INR 13 LPA |
Infosys | INR 10 – 12 LPA |
PWC | INR 11.5 LPA |
Redseer | INR 18 LPA |
Tech Mahindra | INR 10 – 12 LPA |
IIM Visakhapatnam FMCG/ FMCD/ FMEG Sector Placements for batch 2024 is tabulated below:
Company | CTC (LPA) |
---|---|
Adani Wilmar | INR 20 LPA |
Akzonobel | INR 15 LPA |
Asian Paints | INR 16.45 LPA |
DS Group | INR 12.5 - 16 LPA |
Havells | INR 14.04 LPA |
Soulflower | INR 20 LPA |
IIM Visakhapatnam IT/ Telecom Sector Placements for batch 2024 is tabulated below:
Company | CTC (LPA) |
---|---|
ABsyz Inc | INR 16 LPA |
Bharti Airtel | INR 13 LPA |
Service Now | INR 42 LPA |
TA Digital | INR 17 – 19 LPA |
Tredence | INR 14 LPA |
Turtlemint | INR 18.5 LPA |
What fix | INR 25 – 40 LPA |
Zycus | INR 13 – 15 LPA |
IIM Visakhapatnam Other Sector Placements for batch 2024 is tabulated below:
Company | CTC (LPA) |
---|---|
Integrace Healthcare | INR 20 LPA |
Napier | INR 15 LPA |
NetElixir | INR 15 LPA |
Sobha Realty | INR 30 LPA |
TAFE | INR 16 LPA |
Companies that participated in IIM Visakhapatnam 2024 and 2023 placement drive are as follows:
Company | CTC (2024) | CTC (2023) |
---|---|---|
Anand Rathi | INR 14 LPA | INR 12 -14 LPA |
ICICI Bank | INR 16.5 - 19 LPA | INR 16 – 18 LPA |
Accenture | INR 16.5 – 18 LPA | INR 12 – 15 LPA |
Cognizant | INR 15 - 22 LPA | INR 14 – 18 LPA |
Deloitte | INR 11.5 LPA | INR 10 – 13 LPA |
EY | INR 13 LPA | INR 10 – 13 LPA |
Infosys | INR 10 – 12 LPA | INR 10 – 12 LPA |
Particulars | Placement Statistics (2024) | Placements Statistics (2023) | Placements Statistics (2022) |
---|---|---|---|
Number of Recruiters | 177 | 141 | 86+ |
Number of New Recruiters | 117 | 95 | 49 |
Placement Percentage | 100% | 100% | 100% |
Highest Package | INR 43.25 LPA | INR 32.65 LPA | INR 31.60 LPA |
Average Package | INR 15.64 LPA | INR 16.61 LPA | INR 15.06 LPA |
Top 10% Average Package | INR 28.6 LPA | INR 29.03 LPA | INR 20.67 LPA |
Top 25% Average Package | INR 24.62 LPA | INR 23.63 LPA | INR 19.39 LPA |
Top 50% Average Package | INR 21.05 LPA | INR 20.24 LPA | INR 17.82 LPA |
Median Package | - | INR 16 LPA | INR 15.46 LPA |
International Offers | 4 | - | - |
Average Package of International Offers | INR 19.5 LPA | - | - |
Top Sector | BFSI, IT & Consulting | IT & Consulting (33%) | IT/ITES, BFSI |
Top Recruiters | Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc. | Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc | Amazon, BYJU’s, Deloitte, HCL, HDFC Bank etc |
IIM Visakhapatnam average package stood at INR 15.64 LPA during the 2024 placement drive. The below table will show you the year-wise average package trend of IIM Visakhapatnam:
Placement Year | Average Package |
---|---|
2024 | INR 15.64 LPA |
2023 | INR 16.61 LPA |
2022 | INR 15.06 LPA |
2021 | INR 12.62 LPA |
2020 | INR 13.08 LPA |
2019 | INR 12.61 LPA |
IIM Visakhapatnam highest package stood at INR 43.25 LPA during the 2024 placement drive. The below table will show you the year-wise highest package trend of IIM Visakhapatnam:
Placement Year | Average Package |
---|---|
2024 | INR 43.25 LPA |
2023 | INR 32.65 LPA |
2022 | INR 32.61 LPA |
2021 | INR 20.82 LPA |
2020 | INR 27 LPA |
2019 | INR 22 LPA |
The below table represents the sector wise placement statistics of IIM Visakhapatnam:
Sectors | Percentage of Placements |
---|---|
IT & Consulting | 31% |
BFSI | 34% |
Manufacturing | 12% |
Logistic | 7% |
Retail | 1% |
FMCG | 1% |
Healthcare, Real Estate & Construction, Telecom | 15% |
You can check the placement percentage for each job roles offered during IIM Visakhapatnam Placements 2024:
Roles | Percentage of Placements |
---|---|
Product, Strategy & Consulting | 25% |
Finance | 19% |
General Management & Leadership Roles | 17% |
Marketing, BD & DM | 14% |
Operations & SCM | 12% |
HR | 8% |
Analytics | 5% |
As per the Information collected by Collegedunia. A total of 141 recruiters made placement offers at IIM Vizag placements 2023: The following table represents the sector wise analysis for the batch 2023 at IIM Visakhapatnam:
Sectors | CTC Range |
---|---|
BFSI | 10 - 22 |
Consulting & Strategy | 9 - 23 |
General Management, HR & Operations | 11 - 17 |
IT & Analytics | 12 - 26 |
Marketing | 12 - 14 |
IIM Visakhapatnam BFSI Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Anand Rathi | 12 - 14 |
HSBC | 15 - 17 |
ICICI Bank | 16 - 18 |
KredX | 18 - 20 |
Mahindra Finance | 10 - 12 |
TresVista | 15 - 17 |
Yes Bank | 20 - 22 |
IIM Visakhapatnam Strategy & Consulting Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Adani | 23 |
Cognizant | 14 - 18 |
Deloitte | 10 - 13 |
EY | 10 - 13 |
HCL Tech | 10 - 12 |
Infosys | 10 - 12 |
KPMG | 9 - 12 |
IIM Visakhapatnam General Management, Operations & HR Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Mahindra | 12 - 15 |
Tata Advanced Systems | 11 - 12 |
Zetwerk | 15 - 17 |
IIM Visakhapatnam IT & Analytics Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Accenture | 12 - 15 |
MAQ Software | 26 |
IIM Visakhapatnam Marketing Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Amazon | 12 - 14 |
Amul | 12 |
Particulars | Internship Statistics (2024) | Internship Statistics (2023) |
---|---|---|
Number of Recruiters | 134 | 60 |
New Recruiters | 96 | 41 |
Highest Stipend | INR 2.5 Lakhs per month | INR 3.5 Lakhs per month |
Average Stipend | INR 79 K per month | INR 57 K per month |
Median Stipend | INR 70 K per month | INR 50 K per month |
Major Sectors | IT/ITES. Edtech, Pharma | IT/ITES, BFSI |
The below table will show you the sector-wise statistics of IIM Visakhapatnam Summer Internship Placements 2024:
Sectors | Percentage of Offers |
---|---|
IT/ITES | 22% |
BFSI | 19% |
Consulting | 12% |
FMCG | 8% |
Manufacturing | 7% |
Pharma & Healthcare | 7% |
Edtech and Education | 7% |
Real Estate and Construction | 4% |
Others | 14% |
The 2022-24 batch comprised 79% male students & 21% female students. 24% of the batch were freshers & rest of the students had previous work experience.
Name of Organizations | Number of Alumni |
---|---|
Indian Institute of Management Visakhapatnam | 82 |
Deloitte | 27 |
Ministry of Skill Development & Entrepreneurship | 27 |
IDFC First Bank | 16 |
HCLTech | 14 |
Amazon | 12 |
Cognizant | 11 |
BYJU’s | 11 |
Tata AIG General Insurance Company Limited | 10 |
KPMG India | 9 |
Yes Bank | 9 |
ICICI Bank | 9 |
AU Small Finance Bank | 9 |
Infosys | 8 |
Vyuham - The Consulting Club, IIM Visakhapatnam | 8 |
Ques. What was the salary offered in the placements 2024 at IIM Visakhapatnam?
Ans. In the placement drive of 2024, the highest package stood at INR 43.25 LPA whereas the average stipend stood at INR 15.64 LPA.
Ques. How was IIM Visakhapatnam Placements 2024?
Ans. During IIM Visakhapatnam Placements 2024, the highest salary stood at INR 43.25 LPA. Students received an average salary of INR 15.64 LPA. Top 10% of the students received an average salary of INR 28.6 LPA, top 25% of the students received an average salary of INR 24.62 LPA & top 50% of the students received an average salary of INR 21.05 LPA. The participating batch achieved 100% placements.
Ques. What was the IIM Visakhapatnam average package?
Ans. The average package stood at INR 15.64 LPA during IIM Visakhapatnam Placements 2024.
Ques. What was the IIM Visakhapatnam highest package?
Ans. The highest package stood at INR 43.25 LPA during IIM Visakhapatnam Placements 2024.
Ques. How many recruiters visited the campus during IIM Visakhapatnam Placements 2024?
Ans. 177 recruiters visited the campus during IIM Visakhapatnam Placements 2024.
Ques. What was the median salary received during IIM Visakhapatnam Placements 2023?
Ans. The median salary stood at INR 16 LPA during IIM Visakhapatnam Placements 2023.
Ques. Which recruiters participated during IIM Visakhapatnam Placements 2024?
Ans. Recruiters like Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc participated during IIM Visakhapatnam Placements 2024.
Ques. What was the highest stipend received during IIM Visakhapatnam Summer Internship Placements 2024?
Ans. The highest stipend stood at INR 2.50 Lakhs per month during IIM Visakhapatnam Summer Internship Placements 2024.
Ques. What was the average stipend received during IIM Visakhapatnam Summer Internship Placements 2024?
Ans. The average stipend stood at INR 79 K per month during IIM Visakhapatnam Summer Internship Placements 2024
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From term 4 the final placements starts, all students are eligible to be placed from the campus Companies like KPMG, DELLOITE, CRISIL, GMR, IDFC BANK, ICICI BANK, AKZONOBEL, FUJITSU, TATA Group and many more come on campus Placement range from 17 lac CTC to 43lac CTC depending upon the company. 100% students are placed
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After 1 trimester i.e. September month, Summer placement starts and it goes on till February and march and same goes with final placement. During final placements, some of the students also get PPO from their internship companies. KPMG, Infosys, EY, PWC are some of the top companies that visit this campus. Highest package for the batch of 2024 was around 42 LPA and average was around 16-17 LPA. Its a recently opened IIM but with the time its placement is getting improved with increment in the alumni base. Placement is also dependent on market condition and batch size.
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the placement processes start after 2 weeks in the college, the 1st year MBA students are eligible for summer placements in the next summer and 2nd year students are eligible for final placements after the completion of degree in march end, placements are 100% for summer and finals both with alot of top reputed brands and multiple startups as well, the average final placements is around 16 LPA.
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The placement process is rolling in nature that kind of hectic with the ongoing academic curriculum. As per the market condition the placement does get effected in that manner like visit of some companies in college. College promises 100% placement although they are not laible for that. There is chance of no placement for some but they can differe their placement yo next year and sit in the process with next batch
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IIMV is doing great compared to all the third generation IIMs and also competing with 2nd generation iims as well. The highest package is 16.61 LPA. The condition of summer internships is ok only. But final placements is decent.
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The placements recorded for my college seem to get better and more promising with each year passing by. Currently, the number of companies visiting and offers made are somewhat limited however, with every passing year more are getting on board with a higher rate of conversions. The highest package offered as per the latest record was INR 42lac and the average is INR16.5 lac with 50% of the batch falling above the average range. The top 25% are approximately holders of the INR23lac package. The roles offered are Analyst, Wealth Management Trainee, Senior Analyst, Finance Analyst, area/territory sales manager, IT Consultant etc. Top recruiters are ICICI, IDBI, YES bank, State Street, Deloitte,EY, KPMG, Amul, Anand Rathi, and ICICI Lombard to name a few. The percentage of students placed are 100% inclusive of a few students who opted for an off-campus opportunity if better. The campus placements start right from Term 4 i.e. beginning the second year. My plans after degree is to work in the domain of finance.
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IIM Vizag is one of the premier institutes of India, currently ranked 29 in the NIRF ranking. The Institute has a remarkable track record of achieving 100% placements each year. The placement data of IIM Visakhapatnam for the year 2022-23, gives us a glimpse of how nicely this college is trying to provide one of the best placements among the top tier 3, MBA colleges in India. In the last placement year, which starts from the month of September to February of the next year, 100% of students got placed with the highest package of 32.62 lakhs(CTC), with an average package of 16.61 lakhs and a median package of 16 lakhs. The placement process starts in November, both the official placements and some of the students get pre-placement offers(PPO) from the companies where they did summer internships. The prominent recruiters are Adani, Asian paints, Deloitte, MTR, haldirams, and IDFC First Bank. As a marketing enthusiast, I want to pursue my career as a brand manager in a leading MNC.
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Currently, I'm in my first year of college so can't say about ours. But our seniors got placed in good companies with a good package. Many got PPO too. 100% placement is there. Many IT, FMCG, and Finance companies visit every year offering different roles.
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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 lakhs per annum and the average package was around 16 lakhs per annum All students are placed. IIM Visakhapatnam has a 100% placement rate My plan is to join the marketing department of a reputed company as a Brand Manager
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Placements start in September and go on for the year. Many Banks, Big 4 companies, and other reputed companies visit the college. The highest package is around 30+ lacks. And the average is around 16 lakhs. Students are placed. I'm placed at Yes Bank as Strategy Manager.
IIM Visakhapatnam had a lot of help from IIM Bangalore for placements in the first few batches. A pool summer placement process was organized at Bangalore for the first three batches. This resulted in students interning at companies like Cloudtail and Directi. If you are lucky, you will find colleagues from colleges like IIM Ahmedabad, Bangalore, Calcutta, XLRI, and FMS.
The internship is a great opportunity for you and it will pose a strong point in job interviews. Moreover, my advice to you would be to network as much as possible. You will probably earn a 6 figure monthly stipend during the summer internship. Eventually, as students began to perform well and some of them at par with the top three IIMS (ABC), PPOs began loyally recruiting students from the college.
These job profiles are the same as those offered at IIM Bangalore. An example of this would be that of Bosch. It offers a Junior Manager’s program available only to premier campuses like IIM Bangalore, IIFT Delhi, etc. as seen on LinkedIn. It even has an international visit to Germany included.
Another major reason would be that this industry prefers students who have previously done summer internships. This PPO percentage was higher for the first two batches from IIM Visakhapatnam since most of the students were taught by IIM Bangalore professors.
Here are some other statistics for placements at IIM Visakhapatnam:
All these factors combined above have now ensured that IIM Visakhapatnam does better in placements than any other second-generation IIM. Currently, the highest CTC stands at INR 27 LPA and a minimum at INR 10 LPA. Companies like Yes Bank, Amul, and Crompton Greaves regularly visit the institute for placements.
IIM Kashipur and IIM Visakhapatnam both had strong placement records in 2022, with 150+ and 86+ recruiters respectively. The highest salary package offered at IIM Kashipur was INR 28.82 LPA, while the highest salary package offered at IIM Visakhapatnam was INR 31.60 LPA. Both institutes reported an increase in the average salary offered, with IIM Kashipur reporting an 8.256% increase and IIM Visakhapatnam reporting a 19.33% increase. Both institutes had a significant number of offers from major recruiters such as Amazon, Deloitte, HCL, etc. The highest number of recruiters came from the IT/ITES sector. The highest number of placements were made in the Consulting domain at IIM Visakhapatnam.
IIM Kashipur and IIM Visakhapatnam are both premier management institutes in India and have well-developed infrastructure. However, there may be some differences in terms of the facilities and amenities provided by the institutes. IIM Kashipur has a fully-equipped campus with state-of-the-art facilities. The campus has an auditorium, library, computer lab, sports facilities, and hostel accommodation for students. The institute also has an Entrepreneurship Development Cell (EDC) to promote and support the entrepreneurial spirit of students.
IIM Visakhapatnam also has a modern and well-equipped campus. The campus has a library, computer lab, sports facilities, and hostel accommodations for students. The institute also has an Entrepreneurship Development Cell (EDC) to promote and support the entrepreneurial spirit of students. The institute also has an incubation center and a Centre for Innovation, Entrepreneurship, and Incubation (CIEI) which provides a platform for students to develop and incubate their business ideas.
In conclusion, both IIM Kashipur and IIM Visakhapatnam have a well-equipped infrastructure with state-of-the-art facilities and amenities to support the academic and co-curricular activities of students. However, IIM Visakhapatnam may have an additional center for innovation, Entrepreneurship, and Incubation to support students who have business ideas. It's recommended to visit the campuses or check the institutes' websites for more information about the infrastructure and facilities.
Companies | |||
---|---|---|---|
Aditya Birla Group | Amazon | Directi | Ernst & Young |
Bosch Limited | Wipro | Deloitte | HDFC Bank |
HSBC Bank | MuSigma Business Solutions Ltd. | TVS Motors | Bosch Ltd |
Mphasis | Pramati Technologies | KPMG | MAQ Software |
Tech Mahindra | GMR Group | ICICI Lombard | HP Global |
MindTree | Neudesic | Virtusa | Berger |
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