New Updates About Indian Institute of Management , Visakhapatnam
15 September, 2024 :
CAT 2024 Registration Last Date Extended Till September 20. Apply Using Direct Link
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’shighest 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.
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:
Particulars
Placements Statistics 2024
Placements Statistics 2023
Number of Recruiters
177
141
Number of New Recruiters
117
95
Placement Percentage
100%
100%
Highest Salary
INR 43.25 LPA
INR 32.65 LPA
Average Salary
INR 15.61 LPA
INR 16.61 LPA
Average Salary for Working Professionals
-/-
INR 18.32 LPA
Top 10% Average Salary
INR 24.62 LPA
INR 29.03 LPA
Top 25% Average Salary
INR 21.05 LPA
INR 23.63 LPA
Top 50% Average Salary
INR 18.53 LPA
INR 20.24 LPA
Median Salary
INR 15.50 LPA
INR 16 LPA
Top Sector
BFSI (34%)
IT & Consulting (33%)
Top Recruiters
Accenture, Adani, Airtel, Goldman-Sachs
Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc
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 & Consulting
INR 10 - 22 LPA
General Management, Operations & HR
INR 11 - 17 LPA
BFSI
INR 10 - 30.5 LPA
Marketing
INR 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.)
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
2024
INR 15.61 LPA
2023
INR 16.61 LPA
2022
INR 15.06 LPA
2021
INR 12.62 LPA
2020
INR 13.08 LPA
2019
INR 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:
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%
Consulting
12%
FMCG
8%
Manufacturing
7%
Pharma & Healthcare
7%
Edtech and Education
7%
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.
Andhra Bank School of Business Building Road, Chinna Waltair, Andhra University, Visakhapatnam, Andhra Pradesh 530003, Visakhapatnam, Andhra Pradesh, 530003