IIM Visakhapatnam - Indian Institute of Management Answered Questions

IIM Vishakhapatnam application form has been closed for admission in the batch of 2024-2026. The institute will release a Personal Interview shortlist between Mar 25 to Mar 28, 2024 and the shortlisted candidates will need to accept the Interview call by filling out the Interview Consent form.

Students pursiuing MBA/ PGP at IIM Visakhapatnam can avail financial aid and various other scholarships. The quantum of financial aid depends upon various factors and financial background and need of candidates. The students at IIM Vishakhapatnam can avail even 100% financial aid as a tuition fee waiver.

IIM Visakhapatnam offers scholarships to candidates who belong to the economically weaker section of the society with an objective to help candidates to pursue their higher education. Students at IIM Visakhapatnam are also encouraged to apply for scholarships which are offered by various ministries under the government of India, state governments and other agencies. All PGP students with annual household income below INR 5 Lacs are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered. IIM Vishakhapatnam scholarships are also merit-based.In addition to the financial aid, students at IIM Vishakhapatnam can also apply for scholarships which are mentioned below:Ministry of Tribal Affairs scholarship (ST)Ministry of Social Justice and Empowerment scholarshipMinistry of Social Justice and Empowerment Department of Persons with Disabilities Merit Cum Means Scholarship for Professional and Technical courses CSStudents at IIM Visakhapatnam have also availed following scholarships:IDFC First Bank ScholarshipMadha Pradesh Scholarship for its domiciled NC-OBC students (Offline process)BC, MBC and DNC Scholarship Scheme of Government of Tamil Nadu.Telangana State Post Matric Scholarships in other states (Offline process)Mukhya Mantri Protsahan Yojana-Himachal Pradesh

The Post Graduate Program for Experienced Professionals (PGPEx) offered by IIM Visakhapatnam is a non-residential weekend program. The PGPEx is an excellent opportunity for experienced professionals located in and around the City of Visakhapatnam to excel in their career. For IIM Vishakhapatnam PGPEx admission, candidates must have a valid score in CAT/ GMAT/ GRE. Alternatively, candidates can also choose to apply for PGPEx admission through IIMV Test. 

Students at IIM Visakhapatnam can avail various scholarships and financial assistance. To avail IIM Visakhapatnam financial aid, candidates must meet the minimum eligibility requirement. Students who want to apply for financial assistance must follow a certain procedure:STEP 1: The Financial Aid Committee undertakes a two-step process for deciding the number of awardees and the quantum of aid. First, students are required to submit an application form with the following details:Educational QualificationsWork experience (if any)Annual Gross Household Income (including income of the student if employed before joining IIMV and outstanding loans, if any)Household SavingsReal Estate AssetsOther AssetsSTEP 2: All eligible students who have submitted their applications are encouraged to appear for a Personal Interview conducted by a panel of faculty members.STEP 3: The faculty panel evaluates the financial requirements of students based on the data provided in the application form, and upon their assessments, assigns a Financial-Need Score to each student. By using the weighted average methodology established by the committee, finally, shortlisted applicants are granted financial assistance.Following documents are required during the time of Program Registration:IT Returns document for the immediately preceding financial yearIncome Certificate for the immediately preceding financial yearHousehold Savings documentsProperty documentsLoan Documents (if any)EMI payment receipts (if any)

IIM Visakhapatnam, like other Indian Institutes of Management, has a multi-stage selection process for its Post Graduate Program (PGP). The first step is obtaining a CAT score, which is a national-level entrance exam. If you meet the CAT score requirement, you can apply to IIM Visakhapatnam online. The second step is a shortlist and interview, where candidates are invited for personal interviews to assess their communication skills, critical thinking, leadership potential, and motivation for the PGP program. The final selection is made based on the CAT score, application score, and interview performance, with the institute aiming for a diverse cohort. If selected, you will receive an offer letter and instructions for confirming your admission and enrolling in the PGP program. IIM Visakhapatnam offers other programs with their own eligibility criteria and admission process. Tips for success include aiming for a high CAT score, crafting a compelling application, practicing answering common interview questions, and staying updated on important deadlines and announcements on the IIM Visakhapatnam website.

IIM Rohtak and IIM Visakhapatnam are one of the best IIMs present in India. IIM Rohtak  total tuition fee for PGDM/MBA is INR 17.9 Lacs - INR 33.9 lakh. While IIM Visakhapatnam total tuition fee for PGDM/MBA is INR 16.1 Lacs - INR 16.5 lakh. The college infrastructure of both the college is good. The faculty at both the colleges is also very good. Hence, which is better depends on what the person is actually looking for in a college or university.

IIM Nagpur is spread across 132 acre of land and IIM Visakhapatnam campus is also big. Both offers great placements to students. The highest package offered to PGP students in 2023 was INR 32.65 LPA whereas the highest package offered to MBA students in 2023 was INR 64 LPA. Hence, both are one of the best IIMs present in India. Which one is the best depends on what the person is actually looking for in a college or university.

IIM Jammu and IIM Visakhapatnam are one of the best IIMs present in India. IIM Jammu total tuition fee for PGDM/MBA is INR 10.5 Lacs - INR 20.7 lakh. IIM Visakhapatnam total tuition fee for PGDM/MBA is INR 16.1 Lacs - INR 16.5 lakh. IIM Jammu and IIM Visakhapatnam offers good placements to students. The infrastructure of both the colleges is good. Hence, which is better depends on what the person is actually looking for in a college or a university.

IIM Vishakhapatnam is a government college which was established in 2015. The college is ranked 29 by NIRF 2023 under the Management category. Being a government college the course fee is not very high. Even if the students find the course fee high, they can apply for the various scholarships provided by the college. Apply for the scholarships as soon as possible.