Indian Institute of Management, Visakhapatnam Placements

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Indian Institute of Management , Visakhapatnam  campus
Indian Institute of Management , Visakhapatnam  campus
Indian Institute of Management, Visakhapatnam campus
Indian Institute of Management , Visakhapatnam campus
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Indian Institute of Management,Placement Highlights 2024

Latest Updates at IIM Visakhapatnam: The IIM Visakhapatnam Placements 2023 have ended with a 100% placement rate. IIM Visakhapatnam’s highest package was INR 32.65 LPA, while the average package climbed by 10.29% to INR 16.61 LPA. Dual offers were extended to 193 students, or 17% of the entire student body. The IT & Consulting sector made the most offers (33%) followed by the BFSI sector (26%). The opportunities in product, strategy, and consulting received the most offers (25%). 95 of the 141 participating organizations in the placement drive were brand-new recruiters. Among the top employers were companies like Amazon, Asian Paints, Deloitte, Adani Group, and Cognizant.

The IIM Visakhapatnam Summer Internship Placements 2024 are over. The highest stipend at IIM Visakhapatnam was INR 2.5 Lakhs per month, and the average stipend there climbed by 38% to INR 79 K per month. The number of summer jobs recorded was 100%. Only the IT/ITES sector offered 22% of internships.

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IIM Visakhapatnam Placement 2024 Highlights:

IIM Visakhapatnam achieved 100% placement results in the academic year 2022–2023 despite concerns about a global recession. Here is a detailed table showing placement highlights:

ParticularsPlacements Statistics 2024Placements Statistics 2023
Number of Recruiters177141
Number of New Recruiters11795
Placement Percentage100%100%
Highest SalaryINR 43.25 LPAINR 32.65 LPA
Average SalaryINR 15.61 LPAINR 16.61 LPA
Average Salary for Working Professionals-/-INR 18.32 LPA
Top 10% Average SalaryINR 24.62 LPAINR 29.03 LPA
Top 25% Average SalaryINR 21.05 LPAINR 23.63 LPA
Top 50% Average SalaryINR 18.53 LPAINR 20.24 LPA
Median SalaryINR 15.50 LPAINR 16 LPA
Top SectorBFSI (34%)IT & Consulting (33%)
Top RecruitersAccenture, Adani, Airtel, Goldman-SachsAmazon, Asian Paints, Deloitte, Adani Group, Cognizant etc

IIM Visakhapatnam Placements 2024 Sector Wise Break-Up:

The sector analysis for the class of 2024 at IIM Visakhapatnam is shown in the table below:

 

IIM Visakhapatnam Strategy & Consulting Sector Placements 2024 -

The following table lists the Strategy & Consulting Sector Placements for the IIM Visakhapatnam class of 2023:

Company   CTC
Adani     INR 23 LPA
CognizantINR 14 -18 LPA
DeloitteINR 10 -13 LPA
EY INR 10 -13 LPA
Infosys    INR 10 - 12 LPA
KPMG    INR 9 - 12 LPA
HCL Tech    INR 10 - 12 LPA

IIM Visakhapatnam General Management, Operations & HR Sector Placements 2024 -

For the class of 2023, IIM Visakhapatnam’s general management, operations, and human resources sector placements are listed below:

Company   CTC
Mahindra    INR 12 - 15 LPA
Tata Advanced Systems    INR 11 - 12 LPA
Zetwerk    INR 15 - 17 LPA

IIM Visakhapatnam Marketing Sector Placements 2024 -

The following table lists the Marketing Sector Placements for the IIM Visakhapatnam class of 2023:

Company   CTC
Amazon    INR 12 - 14 LPA
Amul    INR 12 LPA

IIM Visakhapatnam BFSI Sector Placements 2024 -

The following table lists the BFSI Sector Placements for the IIM Visakhapatnam Class of 2023:

Company    CTC
Anand Rathi    INR 12 - 14 LPA
Axis BankINR 14 - 15.5 LPA
ICICI Bank    INR 16.5 - 19 LPA
Goldman SachsINR 16 LPA
CrisilINR 10.5 LPA
Yes Bank   INR 20 - 22 LPA 
Mahindra Finance    INR 10 - 12 LPA 

IIM Visakhapatnam IT & Analytics Sector Placements 2024-

The following table lists the IT and analytics sector placements for the IIM Visakhapatnam class of 2023:

Company    CTC 
Accenture    INR 12 -15 LPA
MAQ Software   INR 26 LPA

IIM Visakhapatnam Placements 2024 Sector Wise Analysis:

At IIM Vizag placements 2023, 141 recruiters offered recruitment offers: The sector analysis for the class of 2023 at IIM Visakhapatnam is shown in the table below:

Sectors   CTC Range
Strategy & ConsultingINR 10 - 22 LPA 
General Management, Operations & HR  INR 11 - 17 LPA 
BFSI  INR 10 - 30.5 LPA 
MarketingINR 12 - 14 LPA 
IT & Analytics    INR 12 - 26 LPA

IIM Visakhapatnam Placements 2024 Sector - Wise:

The placement statistics broken down by industry for the IIM Visakhapatnam class of 2024 are shown in the table below:

Sectors

Placements

BFSI

34%

IT & Consulting

31%

Manufacturing

12%

Logistics

7%

Others (FMCG, Retail, Healthcare, Real Estate & Telecom etc.)

16%

Keep reading about - IIM Visakhapatnam Fees

IIM Visakhapatnam Average Package 2024

The IIM Visakhapatnam 2023 placement drive saw an average package of INR 16.61 LPA. You can view the average package trend for consecutive years at IIM Visakhapatnam in the table below:

Placement Year  Average Package
2024INR 15.61 LPA
2023INR 16.61 LPA
2022INR 15.06 LPA
2021INR 12.62 LPA
2020INR 13.08 LPA
2019INR 12.61 LPA

IIM Visakhapatnam Highest Package 2024

The IIM Visakhapatnam highest package offered during the 2023 placement drive was INR 32.65 LPA. You can view the IIM Visakhapatnam highest package trend by year in the table below:

Placement Year  Highest Package
2023INR 32.65 LPA
2022INR 32.61 LPA
2021INR 20.82 LPA
2020INR 27 LPA
2019INR 22 LPA

Also read - IIM Visakhapatnam Admission

IIM Visakhapatnam Placements 2024 Roles - Wise:

The roles-by-statistics for IIM Visakhapatnam Placements 2024 are shown in the table below:

Roles   Percentage of Placements
Product, Strategy & Consulting25%
Finance19%
General Management & Leadership Roles    17%
Marketing, BD & DM    14%
Operations & SCM12%
HR 8%
Analytics    5%

Also read - IIM Visakhapatnam Cutoff

IIM Visakhapatnam Summer Internship Placements 2024 Report:

Following is an elaborated table of summer internships placement at IIM Visakhapatnam for the year 2024 and 2023 -

ParticularsInternship Statistics 2024Internship Statistics 2023
Number of Recruiters13460
New Recruiters9641
Number of Students271 -
Internship Percentage100% -
Highest StipendINR 2.5 Lakhs per monthINR 3.5 Lakhs per month
Average StipendINR 79 K per monthINR 57 K per month
Median StipendINR 70 K per monthINR 50 K per month
Major SectorsIT/ITES. Edtech, PharmaIT/ITES, BFSI
Top RecruitersAdani Group, Bain & Co, Cognizant, EY, Goldman Sachs etc -

IIM Visakhapatnam Summer Internship Placements 2024 Sector Wise:

The placements for summer internships per industry for the IIM Vizag class of 2022–24 are shown in the following table:

Sectors    Percentage of Offers
IT/ITES    22%
BFSI  19%
Consulting12%
FMCG    8%
Manufacturing   7%
Pharma & Healthcare    7%
Edtech and Education7%
Real Estate and Construction   4%
Others    14%

IIM Visakhapatnam Placement Process

  • Managing the Recruitment Process: All students are given equal opportunity to apply for positions at IIM Visakhapatnam, which is managed in partnership with the Career Development Service.
  • Confirmation: To guarantee a flawless visit to our campus, participating organizations confirm their preferred recruitment slots.
  • Shortlist: Businesses are asked to provide the CDS office with the candidates’ shortlist at least one week before the interview.
  • Pre-Placement Meetings: During these meetings, company representatives talk about employment opportunities and offer students a chance to interact and share information. Students who are well-prepared send in their resumes, which serve as their first point of contact with possible employers and are essential to getting interviews.
  • Employment Offers: The commencement of the bright futures of the successful candidates is signified by the receipt of employment offers.

IIM Visakhapatnam Alumni Network:

Name of Organizations    Number of Alumni
Indian Institute of Management Visakhapatnam82
Deloitte27
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

Also read: IIM Visakhapatnam

Indian Institute of Management Top Recruiters

Cognizant Cognizant
axis bank axis bank
goldman sachs goldman sachs
infosys infosys
kpmg kpmg
pwc pwc
Airtel Airtel
Accenture Accenture
GMR Group GMR Group

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Andhra Bank School of Business Building Road, Chinna Waltair, Andhra University, Visakhapatnam, Andhra Pradesh 530003, Visakhapatnam, Andhra Pradesh, 530003

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