IIM Visakhapatnam Placement – IIM Visakhapatnam helps its graduating students find jobs. According to the official website, the highest salary offered to a student is Rs. 32.65 lakhs. On average, graduates receive Rs. 20.24 lakhs, and the middle salary is Rs. 16.61 lakhs. For the 2022-24 batch, the highest internship stipend is Rs. 2,50,000. Some of the top companies that hired from IIM Visakhapatnam include Microsoft, KPMG, Thermofisher, HPCL, Bosch, Latent View Analytics, and others.

IIM Visakhapatnam Placement – Previous Year Report

ParticularsPlacements Statistics (2023)Placements Statistics (2022)
Number of Recruiters14186+
Number of New Recruiters9549
Placement Percentage100%100%
Highest PackageINR 32.65 LPAINR 31.60 LPA
Average PackageINR 16.61 LPAINR 15.06 LPA
Top 10% Average PackageINR 29.03 LPAINR 20.67 LPA
Top 25% Average PackageINR 23.63 LPAINR 19.39 LPA
Top 50% Average PackageINR 20.24 LPAINR 17.82 LPA
Median PackageINR 16 LPAINR 15.46 LPA
Top SectorIT & Consulting (33%)IT/ITES, BFSI
Top RecruitersAmazon, Asian Paints, Deloitte, Adani Group, Cognizant etcAmazon, BYJU’s, Deloitte, HCL, HDFC Bank etc 

IIM Visakhapatnam Placement – Highest Package 2023

In the 2023 placement season, the highest salary at IIM Visakhapatnam was INR 32.65 LPA. The table below displays the trend of the highest packages over the years at IIM Visakhapatnam.

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

IIM Visakhapatnam Placement – Average Package 2023

During the 2023 placement drive, the average salary at IIM Visakhapatnam was INR 16.61 LPA. The table below illustrates the trend of average packages over the years at IIM Visakhapatnam.

Placement YearAverage Package
2023INR 16.61 LPA
2022INR 15.06 LPA
2021INR 12.62 LPA
2020INR 13.08 LPA
2019INR 12.61 LPA

IIM Visakhapatnam Placement – Sector Wise 2023

During the 2023 placements at IIM Visakhapatnam, 141 recruiters extended job offers. The table below provides an analysis of the sectors that hired students from the 2023 batch at IIM Visakhapatnam.

SectorsCTC Range
Strategy & Consulting9 – 23
General Management, Operations & HR11 – 17
BFSI10 – 22
Marketing12 – 14
IT & Analytics12 – 26

IIM Visakhapatnam Placement – Strategy and Consulting Sector 2023

Here is a table showing the placements in the Strategy & Consulting sector for the batch of 2023 at IIM Visakhapatnam.

CompanyCTC (LPA)
Adani23
EY10 – 13
Cognizant14 – 18
Infosys10 – 12
Deloitte10 – 13
HCL Tech10 – 12
KPMG9 – 12

IIM Visakhapatnam Placement – General Management, Operations & HR Sector 2023

Here is a table presenting the placements in the General Management, Operations, and HR sectors for the batch of 2023 at IIM Visakhapatnam.

CompanyCTC (LPA)
Mahindra12 – 15
Tata Advanced Systems11 – 12
Zetwerk15 – 17

IIM Visakhapatnam Placement – BFSI Sector 2023

Below is a table that shows the placements in the BFSI (Banking, Financial Services, and Insurance) sector for the batch of 2023 at IIM Visakhapatnam.

CompanyCTC (LPA)
Anand Rathi12 – 14
HSBC15 – 17
ICICI Bank16 – 18
KredX18 – 20
TresVista15 – 17
Yes Bank20 – 22
Mahindra Finance10 – 12

IIM Visakhapatnam Placement – Marketing Sector 2023

Here’s a table displaying the placements in the Marketing sector for the batch of 2023 at IIM Visakhapatnam.

CompanyCTC (LPA)
Amazon12 – 14
Amul12

IIM Visakhapatnam Placement – IT and Analytics Sector 2023

Here is a table presenting the placements in the IT & Analytics sector for the batch of 2023 at IIM Visakhapatnam.

CompanyCTC (LPA)
Accenture12 – 15
MAQ Software26

IIM Visakhapatnam Placement – Summer Internship 2024

In the 2024 summer internship placement drive, all 271 students who took part secured placements, achieving a 100% placement rate. Adani Group, Bain & Co, Cognizant, EY, Goldman Sachs, and others were among the top recruiters for IIM Visakhapatnam Placements in 2023.

ParticularsInternship Statistics (2024)Internship Statistics (2023)
Number of Recruiters13460
New Recruiters9641
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

IIM Visakhapatnam Placement – Summer Internship 2024 Sector Wise

The table below provides sector-wise statistics for the Summer Internship Placements of IIM Visakhapatnam in 2024.

SectorsPercentage of Offers
IT/ITES22%
BFSI19%
Consulting12%
FMCG8%
Manufacturing7%
Pharma & Healthcare7%
Edtech and Education7%
Real Estate and Construction4%
Others14%

IIM Visakhapatnam Placement – Frequently Asked Question

Q1. What is the placement rate at IIM Visakhapatnam in 2024?

Ans. The placement rate for 2024 is 100%, meaning all students secured internships.

Q2. Which companies were top recruiters at IIM Visakhapatnam in 2024?

Ans. Adani Group, Bain & Co, Cognizant, EY, and Goldman Sachs were among the top recruiters.

Q3. How many students participated in the Summer Internship Placements 2024?

Ans. A total of 271 students took part in the Summer Internship Placements.

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