IIM Visakhapatnam Placements 2023: Highest Salary Offered INR 32.65 LPA, Average Salary INR 16.61 LPA
IIM Visakhapatnam reported 100 per cent placements for its MBA batch 2021-23. Highest salary offer stood at INR 32.65 lakh per annum and average salary offer stood at INR 16.61. Read more about IIM Visakhapatnam placements 2023 below.
IIM Visakhapatnam final placements 2023 witnessed 100 per cent recruitment. According to the final placement report for the batch of 2021-23, recorded a rise of 10.29 per cent in the average CTC offer at INR 16.61 lakh per annum. The highest CTC offer stood at INR 32.65 lakh per annum.
Sharing excitement on the successful IIM Visakhapatnam final placement process 2023, Prof. Deepika Gupta CDS Chair said, “With the global recession being predicted, we were slightly concerned about the outcome of the placement season this year. In addition, the 2021-23 batch was unique in terms of it being freshers-packed and we speculated about being able to maintain our last year’s benchmarks. However, the batch outperformed our expectations shattering all previous placement records and provided results of 100% placements, that too earlier than last year, to our great joy.”
The IIM Visakhapatnam placements 2023 witnessed participation from 141 recruiters out of which the total number of new recruiters stood at 95. Key managerial roles were offered in Consulting, Strategy, Finance, Product Management, Analytics, Brand Management, Marketing, HR & IT etc. Sector wise, the maximum offers were made in IT & Consulting.
Also Read: IIM Placements - Institute-wise Salary Offers and Top Recruiters
IIM Visakhapatnam Placements 2023: Highlights
About 17% of the IIM Visakhapatnam MBA students, 17 per cent were given dual offers. Check the table below for key highlights of IIM Visakhapatnam MBA placements 2023:
| Features |
Details |
|---|---|
| Highest CTC offered |
INR 32.65 LPA |
| Average CTC offered |
INR 16.61 LPA |
| Median CTC offered |
INR 16.00 LPA |
| Average CTC offered to top 25% |
INR 23.63 LPA |
| Average CTC offered to top 50% |
INR 20.24 LPA |
| Total number of companies that participated |
141 |
| Sector-wise maximum hiring |
IT & Consulting (33%) |
IIM Visakhapatnam Placements 2023: Top Recruiters
Top recruiters include Adani, EY, Cognizant, Deloitte, HCL Tech, KPMG, Amazon.com, Amul, Asian Paints, Crompton, Fanatics, Haldirams, Maruti Suzuki, Reliance, UltraTech, Whirlpool, HSBC, ICICI Bank, Invesco, KredX, Tresvista, Yes Bank, Mahindra Finance, GAAR, TATA, MTR, Brillio, Accenture, Tiger Analytics among others.
IIM Visakhapatnam Placements 2023
IIM Visakhapatnam Placements 2023: Sector wise Split
In the IIM Visakhapatnam final placements 2023, the maximum offers came from IT & Consulting sectors. Check below the table indicating sector wise split of job offers.
| Sector |
Percentage of offers |
|---|---|
| IT & Consulting |
33% |
| BFSI |
26% |
| Manufacturing |
16% |
| Logistics |
4% |
| Retail |
3% |
| FMCG |
3% |
| E-Commerce |
3% |
| Others |
12% |
IIM Visakhapatnam Placements 2023
IIM Visakhapatnam Placements 2023: Role wise Split
Role wise, the maximum offers were made in product, strategy and consulting domains. Check below the table indicating role wise split of offers made to students during the IIM Visakhapatnam placements 2023:
| Role/Domain |
Percentage of offers |
|---|---|
| Product, Strategy & Consulting |
25% |
| Finance |
19% |
| General Management & Leadership |
17% |
| Marketing, ED,DM, etc. |
14% |
| Operations & SCM |
12% |
| HR |
8% |
| Analytics |
5% |
IIM Visakhapatnam Placements: 2023 vs 2022 vs 2021
IIM Visakhapatnam placements 2023 has witnessed a steady rise in the salary figures over the years. Take a look at the table below for salary comparison of 2023 placements with last two years.
| Features |
2023 |
2022 |
2021 |
|---|---|---|---|
| Highest CTC |
INR 32.65 LPA |
INR 31.60 LPA |
INR 20.82 LPA |
| Average CTC |
INR 16.61 LPA |
INR 15.06 LPA |
INR 12.62 LPA |
| Median CTC |
INR 16.00 LPA |
INR 15.46 LPA |
INR 12.00 LPA |
IIM Visakhapatnam Placements: 2022 vs 2021 vs 2020
IIM Visakhapatnam placements 2022 witnessed a record breaking increase in salary offers from last year. Take a look at the table below for salary comparison of 2022 placements with last two years.
Q: What is the low and average salary in IIM Vizag?
Q: Who were the recruiters at the Hyderabad School of Business 2023?
Hyderabad School of Business is a private business school in Hyderabad that offers UG and PG courses in management, commerce, and IT. The school claims to have a 100% placement record every year in well-established and reputed companies. According to the results, some of the top recruiters of the school in 2023 were:
- Deloitte
- L&T
- Airtel
- Microsoft
- Amazon
- Flipkart
These companies offered various roles and profiles to the students, such as consulting, marketing, finance, operations, analytics, etc.
I hope this information helps you.
Q: How are the placements of IIM Visakhapatnam MBA programme?
IIM Vizag MBA placement report 2023 has been released by the college. IIM Visakhapatnam had witnessed the active participation from various reputed national and multinational companies. Given below are the key highlights for IIM Visakhapatnam PGP placements 2023:
Particulars | Placements Statistics (2023) |
|---|---|
Highest Package | INR 32.65 LPA |
Average Package | INR 16.61 LPA |
Median Package | INR 16 LPA |
Top recruiting sector | IT and Consulting (33% recruiters) |
Companies visited | 141 |
Placement rate | 100% |
Note: This information is sourced from official website/ sanctioning body and is subject to change.
| Features |
2022 |
2021 |
2020 |
|---|---|---|---|
| Highest CTC |
INR 31.60 LPA |
INR 20.82 LPA |
INR 27.00 LPA |
| Average CTC |
INR 15.06 LPA |
INR 12.62 LPA |
INR 13.08 LPA |
| Median CTC |
INR 15.46 LPA |
INR 12.00 LPA |
INR 12.00 LPA |
Read More:
Q: What is the average salary offered for MBA at IIM Visakhapatnam?
The average package offered during IIM Visakhapatnam MBA placements 2023 stood at INR 16.61 LPA and the average package of students with work experience was INR 18.32 LPA.
The average package trends witnessed during IIM Vishakhapatnam PGP placements over the past three years is presented below:
Particulars | PGP Placements 2023 | PGP Placements 2022 | PGP Placements 2021 |
|---|---|---|---|
Average Package | INR 16.61 LPA | INR 15.06 LPA | INR 12.62 LPA |
Q: Does IIM Vishakhapatnam has 100% placements for MBA?
IIM Visakhapatnam has released the placement report for the batch of 2023 and according to the placement report, the college has acheived 100% placement for the MBA batch.
Q: Who are the top recruiters during IIM Visakhapatnam placements?
The list of top recruiters during IIM Visakhapatnam PGP placements 2024 is presented below:
| Top Recruiters (2024) | |
|---|---|
| Accenture | TVS |
| Airtel | Cognizant |
| Infosys | Axis Bank |
| KPMG | PwC |
| GMR | Goldman Sachs |
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Anything you would want to ask experts?Answered 3 weeks ago
For admission to MBA course at IIM Vizag, candidate must fulfil the minimum educational requirements. To be eligible for this course, aspirants must hold a bachelor's degree with at least 50% aggregate. However, Admission to the MBA course is completely entrance-based. The aspirants are admitted bas
S
Contributor-Level 9
Answered 3 weeks ago
While a CAT score of 90 percentile may qualify you for consideration at IIM Vishakhapatnam, it does not ensure admission because competition is fierce and the final selection process takes into account a variety of variables. IIM Vishakhapatnam has a comprehensive strategy that considers CAT scores,
M
Contributor-Level 9
Answered a month ago
For admission to IIM Visakhapatnam for the flagship MBA (or PGP) course, the result of CAT 2024 is expected to be declared by the third week of December 2024. The institute released the provisional CAT 2024 answer key on December 3, 2024 and the last date to raise objection was December 5, 2024. H
I
Contributor-Level 6
Answered a month ago
IM Visakhapatnam MBA admission dates for 2025 is out for the Post-Graduate Program in Management for the Centrally Funded Technical Institutions, Institutions of National Importance (PGPMCI) course. Candidates can refer for below dates for admission:
| Event | Dates |
|---|---|
| Application Window | October 31, 2024 – December 31, 2024 (05:00 pm |
| Admissions Offers | January End, 2025 (05:00 pm) |
R
Contributor-Level 6
Answered 3 months ago
The candidate must hold a Bachelor's Degree, with at least 50% marks or equivalent CGPA [45% in case of candidates belonging to the Non Creamy Layer – Other Backward Classes (NC-OBC) and Economically Weaker Section (EWS), 40% in case of Scheduled Caste (SC), Scheduled Tribe (ST), and Persons with Di
S
Contributor-Level 9
Answered 3 months ago
To qualify for IIM Visakhapatnam admission to the MBA programme, CAT is mandatory. So getting into IIM Visakhapatnam without CAT is not possible. Overall candidates need to acquire a valid CAT score in order to apply to PGP or MBA programme.several IIMs offer MBA programs that do not require the CAT
S
Contributor-Level 9
Answered 4 months ago
IIM Vishakhapatnam CAT Cutoff 2024 will be released soon after the declaration of the CAT 2024 result. For the past 3 years, the CAT percentile cutoff has remained 92. Looking at the past years' trend, there is a high probability of the CAT percentile cutoff to fall between 92-95.
IIM Vishakhapatnam
N
Contributor-Level 10
Answered 4 months ago
Admission to IIM Vishakhapatnam is conducted through CAT percentile. Based on the percentile, the Indian Institute of Management Vishakhapatnam cutoff 2023 was released for the candidates. As per the cutoff released, 92 percentile was qualifying cutoff for CAT to get an admission into IIM Vishakhap
Y
Contributor-Level 10
The highest package offered to students at IIM Visakhapatnam is INR 32.65 LPA. The lowest package is not visible on the official website. However the average package is given. The average package offered to students in 2023 was INR 16.61 LPA. Average CTC of Top 10% was INR 29.03 Lakhs and Average CTC of Top 25% was INR 23.63 Lakhs.