The innovative programme allows engineering students to pursue a one-year diploma in business management from IIM-Vizag alongside their engineering degree, creating a seamless integration of technical and managerial skills.
The Indian Institute of Management, Visakhapatnam (IIM-Vizag) has launched a unique dual-degree programme designed specifically for students of centrally funded technical institutions (CFTIs) and institutions of national importance (INIs). This innovative programme allows engineering students to pursue a one-year diploma in business management from IIM-Vizag alongside their engineering degree, creating a seamless integration of technical and managerial skills.
Dual-Degree Pathway: Diploma + MBA
The programme offers students the opportunity to complete a Diploma in Business Management during the course of their engineering degree. Upon successfully finishing the diploma, students can opt to extend their studies for an additional year in a hybrid mode to earn a full MBA degree from IIM-Vizag. This dual approach helps students acquire business management expertise while still pursuing their engineering education, effectively saving one year of study time and accelerating their entry into the workforce with a dual qualification.
Collaborations with Leading Institutes
IIM-Vizag has already partnered with several prestigious institutions for this programme, including National Institute of Technology (NIT) Warangal, NIT Tadepalligudem, IIITDM Kurnool, Indian Institute of Petroleum and Energy Visakhapatnam, NIT Manipur, NIT Mizoram, and NIT Agartala. In addition, IIM-Vizag is in the process of finalizing collaborations with more leading institutions, including NIT Meghalaya, NIT Nagaland, NIT Nagpur, NIT Jamshedpur, NIT Jalandhar, and NIT Kurukshetra. Formal agreements with these institutes are expected in the coming weeks, further expanding the reach of this programme.
Techno-Managerial Skills to Meet Industry Demands
As the business world becomes increasingly complex and technology-driven, there is a growing demand for professionals who possess both technical expertise and managerial capabilities. The dual-degree programme at IIM-Vizag is designed to bridge this gap by equipping students with a unique blend of skills. By integrating business management with engineering education, the programme helps students develop a "techno-managerial" mindset, making them well-suited for leadership roles in industries that require both innovation and strategic oversight.
No CAT Required for MBA
One of the most significant advantages of this programme is that students do not need to appear for the Common Admission Test (CAT) to pursue the MBA degree from IIM-Vizag. This removes a major barrier for students who might otherwise have had to prepare for and take the highly competitive entrance exam. With the dual-degree pathway, students can directly transition into their MBA studies after completing the diploma, streamlining their educational journey.
IIM-Vizag's Vision for the Future
Q: Is IIM Visakhapatnam worth joining?
IIM Vishakhapatnam is one of the most recent IIM established in the year 2015 under the mentorship of IIM Bangalore. Accoeding to the verified Shiksha Reviews, IIM Vizag has received good reviews from alumni and students regarding the placements, infrastructure and faculty members.
IIM Visakhapatnam has recorded 100% placements during the 2023-24 placements drive. The highest and average package offered during the 2024 placements stood at INR 43.25 LPA and INR 15.61 LPA, respectively.
The total IIM Visakhapatnam fees for MBA programme is INR 17.82 lakh. Considering the total tuition fee and the return on investment this seems to be a good return on the investment.
Aspirants can check below infographic for verified students reviews on Shiksha for IIM Vishakhapatnam:
Q: What is the student life like at IIM Visakhapatnam?
College life at IIM Visakhapatnam is vibrant and exciting. The diverse student community fosters a lively and inclusive environment. The institute has a strong student community that is diverse and welcoming. Students come from all over India and the world and they bring with them a variety of cultures and perspectives. This diversity enriches the learning experience for all students. The institute hosts various events, seminars, and industry interactions to provide networking opportunities.
It provides ample opportunities for personal and professional growth. With its vibrant academic environment and diverse student community, IIM Visakhapatnam is an excellent choice for those seeking a well-rounded and fulfilling college journey.
Q: What is PGPEx at IIM Visakhapatnam?
Speaking about the programme, IIM-Vizag Director, Professor M. Chandrasekhar, emphasized its unique value proposition. "By enrolling in this programme alongside their engineering studies, students will cultivate a unique techno-managerial mindset, blending technical expertise with management acumen. This combination will make them highly adaptable and valuable to industries that are increasingly seeking professionals who can bridge the gap between technology and business."
A Step Forward in Education and Industry Alignment
The launch of this dual-degree programme marks a significant step forward in the evolving educational landscape, as it aligns with the growing need for multidisciplinary professionals in the global job market. With an emphasis on developing leadership skills in the technology sector, IIM-Vizag's initiative is expected to attract top talent from engineering institutions across the country, preparing them for the challenges of tomorrow’s business world.
By providing an efficient, industry-relevant pathway for students, IIM-Vizag is setting a new standard for integrating technical education with business management, offering a model that could reshape how education is delivered at India’s premier institutions of national importance.
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