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IIM Visakhapatnam Placements 2023: Average Package - INR 16.61 LPA & Highest Package - INR 32.65 LPA, Top recruiters Visakhapatnam, Andhra Pradesh
ESTD
NIRF Ranking - 29
AICTE, UGC Approved
Regulatory Bodies of Higher Education in India
Placement
Highest and average package for MBA / PGDM
Industry Average for MBA / PGDM
HIGHEST
15 L
AVERAGE
4.5 L
Placement Highlights
Adya Trivedi
Updated on 20th October, 2023
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.
Also check the following -
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:
| Particulars | Placements Statistics 2023 | Placements Statistics 2022 |
| Number of Recruiters | 141 | 86+ |
| Number of New Recruiters | 95 | 49 |
| Placement Percentage | 100% | 100% |
| Highest Salary | INR 32.65 LPA | INR 31.60 LPA |
| Average Salary | INR 16.61 LPA | INR 15.06 LPA |
| Average Salary for Working Professionals | INR 18.32 LPA | |
| Top 10% Average Salary | INR 29.03 LPA | INR 20.67 LPA |
| Top 25% Average Salary | INR 23.63 LPA | INR 19.39 LPA |
| Top 50% Average Salary | INR 20.24 LPA | INR 17.82 LPA |
| Median Salary | INR 16 LPA | INR 15.46 LPA |
| Top Domain | - | Consulting |
| Top Sector | IT & Consulting (33%) | IT/ITES, BFSI |
| Top Recruiters | Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc | Amazon, BYJU’s, Deloitte, HCL, HDFC Bank etc |
IIM Visakhapatnam Placements 2024 Sector Wise Analysis:
At IIM Vizag placements 2023, there are 141 recruiters that offered recruitment offers: The sector analysis for the class of 2023 at IIM Visakhapatnam is shown in the table below:
IIM Visakhapatnam Strategy & Consulting Sector Placements 2023 -
The following table lists the Strategy & Consulting Sector Placements for the IIM Visakhapatnam class of 2023:
| Company | CTC |
| Adani | INR 23 LPA |
| Cognizant | INR 14 -18 LPA |
| Deloitte | INR 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 2023 -
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 2023 -
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 2023 -
The following table lists the BFSI Sector Placements for the IIM Visakhapatnam Class of 2023:
| Company | CTC |
| Anand Rathi | INR 12 - 14 LPA |
| HSBC | INR 15 - 17 LPA |
| ICICI Bank | INR 16 - 18 LPA |
| KredX | INR 18 - 20 LPA |
| TresVista | INR 15 - 17 LPA |
| Yes Bank | INR 20 - 22 LPA |
| Mahindra Finance | INR 10 - 12 LPA |
IIM Visakhapatnam IT & Analytics Sector Placements 2023 -
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 Marketing Sector Placements 2023 -
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 Placements 2023 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 & Consulting | INR 9 - 23 LPA |
| General Management, Operations & HR | INR 11 - 17 LPA |
| BFSI | INR 10 - 22 LPA |
| Marketing | INR 12 - 14 LPA |
| IT & Analytics | INR 12 - 26 LPA |
IIM Visakhapatnam Placements 2023 Sector - Wise:
The placement statistics broken down by industry for the IIM Visakhapatnam class of 2023 are shown in the table below:
| Sectors | Percentage of Placements |
| IT & Consulting | 33% |
| BFSI | 26% |
| Manufacturing | 16% |
| Logistic | 4% |
| Retail | 3% |
| FMCG | 3% |
| E-Commerce | 3% |
| Others | 12% |
Keep reading about - IIM Visakhapatnam Fees
IIM Visakhapatnam Average Package 2023
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 |
| 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 2023
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 |
| 2023 | INR 32.65 LPA |
| 2022 | INR 32.61 LPA |
| 2021 | INR 20.82 LPA |
| 2020 | INR 27 LPA |
| 2019 | INR 22 LPA |
Also read - IIM Visakhapatnam Admission
IIM Visakhapatnam Placements Sector - Wise:
The sector-specific highlights of IIM Visakhapatnam Placements 2022 are shown in the table below:
| Sectors | Percentage of Placements | Percentage of Recruiters |
| IT/ITES | 34% | 35% |
| BFSI | 33% | 24% |
| Consulting | 15% | 8% |
| Manufacturing | 8% | 13% |
| E-Commerce | 7% | 5% |
| EdTech/Education | - | 6% |
| FMCG | - | 4% |
| Others | 3% | 5% |
IIM Visakhapatnam Placements 2023 Roles - Wise:
The roles-by-statistics for IIM Visakhapatnam Placements 2023 are shown in the table below:
| Roles | Percentage of Placements |
| Product, Strategy & Consulting | 25% |
| Finance | 19% |
| General Management & Leadership Roles | 17% |
| Marketing, BD & DM | 14% |
| Operations & SCM | 12% |
| 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 -
| Particulars | Internship Statistics 2024 | Internship Statistics 2023 |
| Number of Recruiters | 134 | 60 |
| New Recruiters | 96 | 41 |
| Number of Students | 271 | - |
| Internship Percentage | 100% | - |
| Highest Stipend | INR 2.5 Lakhs per month | INR 3.5 Lakhs per month |
| Average Stipend | INR 79 K per month | INR 57 K per month |
| Median Stipend | INR 70 K per month | INR 50 K per month |
| Major Sectors | IT/ITES. Edtech, Pharma | IT/ITES, BFSI |
| Top Recruiters | Adani 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% |
| 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.
IIM Visakhapatnam Alumni Network:
| Name of Organizations | Number of Alumni |
| Indian Institute of Management Visakhapatnam | 82 |
| Deloitte | 27 |
| 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
Salary Package Trends
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