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IIM Visakhapatnam (IIM-V)
Overview of IIM Visakhapatnam
Indian Institute of Management Visakhapatnam (IIM Visakhapatnam or IIM-V) is one of the newer IIMs, established in 2015 under the initiative to expand the IIM network across the country. Located in Visakhapatnam, Andhra Pradesh, the institute operates with the vision of becoming a center of excellence for management education, research, and innovation.
IIM Visakhapatnam is part of the broader goal to develop management professionals equipped with leadership, strategic thinking, and innovative solutions to address global business challenges. The institute provides a rigorous academic environment along with a focus on practical learning, entrepreneurship, and management skills.
1. Academic Programs at IIM Visakhapatnam
IIM Visakhapatnam offers a diverse range of academic programs that cater to aspiring business leaders, professionals, and researchers.
Post Graduate Programme in Management (PGP)
Duration: 2 years (Full-time)
Overview: The Post Graduate Programme in Management (PGP) at IIM Visakhapatnam is the flagship program designed for individuals aspiring to take on leadership roles. The program focuses on developing analytical, managerial, and leadership skills through a combination of classroom teaching, case studies, simulations, and industry interactions.
Core Subjects (First Year):
- Managerial Economics
- Organizational Behavior
- Corporate Finance
- Marketing Management
- Operations Management
- Business Analytics and Data Science
- Strategy and Business Policy
- Quantitative Techniques for Management
- Human Resource Management
Elective Subjects (Second Year):
- Digital Marketing
- Investment Banking and Financial Markets
- Supply Chain Management
- Business Strategy and Entrepreneurship
- Global Business Management
- Leadership and Change Management
- Operations Strategy
Executive Post Graduate Programme in Management (EPGP)
Duration: 1 year (Full-time)
Overview: The Executive Post Graduate Programme in Management (EPGP) is designed for working professionals with significant experience who want to enhance their leadership and management skills. This program emphasizes strategic thinking, leadership, and problem-solving in the complex and ever-changing business world.
Key Focus Areas:
- Executive Leadership
- Finance for Executives
- Strategic Marketing
- Entrepreneurship and Innovation
- Global Business Environment
- Corporate Governance
- Advanced Business Analytics
Doctoral Programme in Management (FPM)
Duration: 4-5 years (Full-time)
Overview: The Fellow Programme in Management (FPM) at IIM Visakhapatnam is a research-oriented doctoral program that prepares scholars to pursue academic and research careers in management. The program focuses on producing high-quality research that addresses contemporary challenges in business and management.
Specializations Offered:
- Finance and Accounting
- Marketing
- Operations Management
- Human Resource Management
- Strategy
- Entrepreneurship
- Organizational Behavior
- Economics
Integrated Programme in Management (IPM)
Duration: 5 years (Full-time)
Overview: The Integrated Programme in Management (IPM) is a unique five-year program that integrates undergraduate and postgraduate education in management. It is designed for students who have completed their 12th grade and wish to pursue an extensive management education directly.
Key Courses Include:
- Business Fundamentals
- Quantitative Techniques and Statistics
- Economics
- Marketing and Finance
- Management and Leadership
- Strategic Management
- Entrepreneurship
2. Campus Details of IIM Visakhapatnam
Location:
- IIM Visakhapatnam is located in Visakhapatnam, Andhra Pradesh, a major port city and industrial hub on the east coast of India. The campus is situated in the serene and picturesque surroundings of the city, making it conducive to learning and innovation. It is well-connected by road, rail, and air to all major cities in India.
Infrastructure:
- Classrooms: The classrooms at IIM Visakhapatnam are equipped with modern teaching aids such as projectors, smartboards, and high-speed internet to enhance the learning experience.
- Library: The institute has a well-equipped library offering a large collection of academic books, journals, e-books, research papers, and other resources to support academic and research work.
- Hostels: The campus provides on-campus hostel facilities for students, which are equipped with necessary amenities like Wi-Fi, recreation areas, and mess facilities.
- Sports and Recreation: IIM Visakhapatnam has a variety of sports and recreational facilities including a gym, outdoor and indoor sports, and spaces for cultural events.
- Cafeteria: The cafeteria provides nutritious and diverse food options for students, catering to different dietary preferences and needs.
- IT Infrastructure: The campus is equipped with high-speed internet, computing facilities, and other necessary IT infrastructure to support academic and research activities.
Student Life:
- IIM Visakhapatnam offers a dynamic and engaging student life, with numerous student clubs, events, and activities to encourage personal growth, teamwork, and leadership development.
Major Events:
- Renaissance: The annual management and cultural fest of IIM Visakhapatnam, featuring competitions, workshops, and performances.
- Conclave: A leadership event where industry leaders and experts are invited to speak on current business challenges, trends, and innovations.
- Sports and Cultural Activities: The institute regularly organizes sports events, cultural performances, and workshops to ensure a balanced development of its students.
3. Placement Information at IIM Visakhapatnam
IIM Visakhapatnam has built a strong reputation in the job market, attracting top-tier companies across various sectors for both summer and final placements. The institute provides comprehensive career services, including placement preparation, mentoring, and industry exposure, to help students secure excellent job opportunities.
Placement Process:
- Final Placements: The final placement process takes place towards the end of the second year and typically involves pre-placement talks, interviews, and group discussions.
- Summer Placements: After the first year, students participate in summer internships, which are an integral part of the program. These internships often lead to full-time job offers.
Top Recruiters:
- Consulting: McKinsey & Company, Deloitte, KPMG, Accenture, EY, etc.
- Finance: JP Morgan, Goldman Sachs, ICICI Bank, Citi, Bank of America, etc.
- Technology: Amazon, Google, Microsoft, IBM, TCS, Infosys, etc.
- FMCG: Hindustan Unilever, Procter & Gamble, Nestlé, ITC, etc.
- Manufacturing: Tata Motors, Mahindra & Mahindra, Larsen & Toubro, etc.
- Startups: Byju’s, Zomato, Swiggy, etc.
Salary Statistics:
- Average Salary: The average salary for IIM Visakhapatnam graduates is around INR 12-14 lakh per annum.
- Top Salary: Top performers can secure salaries upwards of INR 20 lakh per annum, particularly in consulting and finance sectors.
- Placement Rate: The placement rate at IIM Visakhapatnam is consistently high, with nearly 100% placement across the batches.
4. Eligibility for IIM Visakhapatnam Programs
Eligibility for PGP (Post Graduate Programme in Management):
- Educational Qualification: A bachelor’s degree with at least 50% marks (45% for SC/ST/PWD candidates).
- Entrance Exam: Admission is based on the CAT (Common Admission Test). Shortlisted candidates are further evaluated through Personal Interviews (PI) and Written Ability Tests (WAT).
Eligibility for Executive Post Graduate Programme in Management (EPGP):
- Work Experience: A minimum of 5 years of professional work experience.
- Educational Qualification: A bachelor’s degree or equivalent in any discipline.
- Entrance Exam: Candidates must have a valid GMAT or GRE score. Admission is also based on professional experience and academic credentials.
Eligibility for FPM (Fellow Programme in Management):
- Educational Qualification: A master’s degree or equivalent with at least 60% marks, or a 4-year bachelor’s degree with at least 60% marks.
- Entrance Exam: Candidates must have a valid GMAT, GRE, or CAT score (depending on the program). Shortlisted candidates will be invited for personal interviews.
5. Fee Structure (Approximate)
PGP (Post Graduate Programme in Management):
- The total fees for the 2-year PGP program are approximately INR 12-14 lakh, which includes tuition, hostel, and other expenses.
EPGP (Executive Post Graduate Programme in Management):
- The fees for the 1-year Executive Programme are approximately INR 18-20 lakh.
FPM (Fellow Programme in Management):
- FPM students typically receive stipends to cover living expenses, and tuition fees are often waived.
IIM Visakhapatnam, established in 2015, has rapidly made its mark as a premier management institution offering world-class education in the heart of Andhra Pradesh. With its strong academic programs, cutting-edge research initiatives, and focus on entrepreneurship, leadership, and innovation, IIM Visakhapatnam is an excellent choice for those looking to pursue a career in management. The institute’s focus on developing global business leaders and its excellent placement records make it one of the leading IIMs in the country.
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