IIM Visakhapatnam - Indian Institute of Management

IIM Visakhapatnam offers Executive Master of Business Administration (EMBA) for Working Professionals. The programme is equivalent to MBA programme. Admission procedure is a three phase process in Phase 1 candidates are shortlisted on the basis the eligible criteria set by the Institution admission body. In the second phase candiates have to appear for the Executive Management Aptitude Test (EMAT) and Personal Interview. And finally in the third phase offer letter is made based on all the qulaification.

The Executive MBA admission process for IIM Visakhapatnam consists of three phases. In the first phase, eligible candidates who appeared for CAT/GMAT/GRE and IIMV Test will be shortlisted based on their scores. In the second phase, confirmed candidates will be evaluated based on various parameters, including academic performance, work experience, and personal interviews. The final selection in phase 3 will be based on the composite score, and the selected candidates will receive an admission offer. Relevant documents and a Statement of Purpose are required to complete the admission process. 

IIM Visakhapatnam offers need-based financial aid to EMBA students with an annual household income below INR 6 lakh, covering up to 100%, 80%, 60%, 40%, or 20% of their tuition fees. Merit-based scholarships may also be available for top-performing students, covering tuition fees or providing a scholarship of up to INR 6.0 Lacs for the second year. External scholarships, including the Ministry of Tribal Affairs Scholarship, Ministry of Social Justice and Empowerment Scholarship, and Aditya Birla Group Scholarship, may also be available to EMBA students, with eligibility and benefits vary based on specific criteria.

The Executive MBA programme at IIM Visakhapatnam has a tuition fee of INR 10.8 lakh, which is sourced from unofficial sources. It is important to keep in mind that this amount is not a final figure and does not cover the costs of mess or hostel fees. For further information about the fee structure, it is recommended to visit the official website of IIM Visakhapatnam.

Indian Institute of Management (IIM) Visakhapatnam offers PGP (equivalent to an MBA) at the postgraduate level. PGP is the flagship course offered by the institute. The total fee charged by the institute for the PGP programme is INR 17.82 lakh which includes programme fee and student welfare fee. Students are also required to pay a one-time refundable caution deposit of INR 30,000 at the beginning of term one. An advance amount of INR 29,970 (for Mess and AC charges) will have to be paid in addition to the fee mentioned above along with each term fee.

Here is the comparison between two IIMs : IIM Visakhapatnam and IIM Kashipur for their MBA programme on the basis of multiple components, such as fee, ranking and salary packages are tabulated below:

NOTE: The fee and placement details mentioned in the above table are sourced from multiple sources. Hence, are indicative.

In the National Institutional Ranking Framework (NIRF) 2023, IIM Visakhapatnam secured an impressive 29th place among all the institute and colleges that offers management course india. IIM Vizag has improved its rank from 33 last year to 29 now in the NIRF ranks which is an indication that IIM Visakhapatnam ranking has overall made a vast improvement in the various parameters over a year. The college stands at 24th position in management domain at IIRF 2024 rankings.