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.
| Particulars | Placements Statistics (2023) | Placements Statistics (2022) |
|---|---|---|
| Number of Recruiters | 141 | 86+ |
| Number of New Recruiters | 95 | 49 |
| Placement Percentage | 100% | 100% |
| Highest Package | INR 32.65 LPA | INR 31.60 LPA |
| Average Package | INR 16.61 LPA | INR 15.06 LPA |
| Top 10% Average Package | INR 29.03 LPA | INR 20.67 LPA |
| Top 25% Average Package | INR 23.63 LPA | INR 19.39 LPA |
| Top 50% Average Package | INR 20.24 LPA | INR 17.82 LPA |
| Median Package | INR 16 LPA | INR 15.46 LPA |
| 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 |
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 Year | Average Package |
|---|---|
| 2023 | INR 32.65 LPA |
| 2022 | INR 32.61 LPA |
| 2021 | INR 20.82 LPA |
| 2020 | INR 27 LPA |
| 2019 | INR 22 LPA |
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 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 |
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.
| Sectors | CTC Range |
|---|---|
| Strategy & Consulting | 9 – 23 |
| General Management, Operations & HR | 11 – 17 |
| BFSI | 10 – 22 |
| Marketing | 12 – 14 |
| IT & Analytics | 12 – 26 |
Here is a table showing the placements in the Strategy & Consulting sector for the batch of 2023 at IIM Visakhapatnam.
| Company | CTC (LPA) |
|---|---|
| Adani | 23 |
| EY | 10 – 13 |
| Cognizant | 14 – 18 |
| Infosys | 10 – 12 |
| Deloitte | 10 – 13 |
| HCL Tech | 10 – 12 |
| KPMG | 9 – 12 |
Here is a table presenting the placements in the General Management, Operations, and HR sectors for the batch of 2023 at IIM Visakhapatnam.
| Company | CTC (LPA) |
|---|---|
| Mahindra | 12 – 15 |
| Tata Advanced Systems | 11 – 12 |
| Zetwerk | 15 – 17 |
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.
| Company | CTC (LPA) |
|---|---|
| Anand Rathi | 12 – 14 |
| HSBC | 15 – 17 |
| ICICI Bank | 16 – 18 |
| KredX | 18 – 20 |
| TresVista | 15 – 17 |
| Yes Bank | 20 – 22 |
| Mahindra Finance | 10 – 12 |
Here’s a table displaying the placements in the Marketing sector for the batch of 2023 at IIM Visakhapatnam.
| Company | CTC (LPA) |
|---|---|
| Amazon | 12 – 14 |
| Amul | 12 |
Here is a table presenting the placements in the IT & Analytics sector for the batch of 2023 at IIM Visakhapatnam.
| Company | CTC (LPA) |
|---|---|
| Accenture | 12 – 15 |
| MAQ Software | 26 |
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.
| Particulars | Internship Statistics (2024) | Internship Statistics (2023) |
|---|---|---|
| Number of Recruiters | 134 | 60 |
| New Recruiters | 96 | 41 |
| 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 |
The table below provides sector-wise statistics for the Summer Internship Placements of IIM Visakhapatnam in 2024.
| 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% |
Ans. The placement rate for 2024 is 100%, meaning all students secured internships.
Ans. Adani Group, Bain & Co, Cognizant, EY, and Goldman Sachs were among the top recruiters.
Ans. A total of 271 students took part in the Summer Internship Placements.
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