The Indian Institute of Management Visakhapatnam (IIM-V) celebrates its record-breaking 2023 placements, which saw 100% of its students securing employment across various sectors. According to the statement released by the b-school, the institute set a record for the highest average package since its inception, at Rs 17.21 LPA for experienced candidates and Rs 15.47 LPA for freshers. IT & Consulting was the highest recruiting sector, making up 34% of placements at IIM-V this year. BFSI (26%), Manufacturing (14%), Retail (5%), FMGC (4%), E-commerce (3%), and others (9%) followed.
Key Placement Highlights – IIM V Placement 2023
- The 2023 placements at IIM Visakhapatnam saw 100% of students securing employment across a variety of sectors.
- The institute set a record for the highest average package since its inception, at Rs 17.21 LPA for experienced candidates and Rs 15.47 LPA for freshers.
- Prominent companies such as Amazon, Adani Group, Accenture, Reliance Retail, Cognizant, Deloitte, and Infosys were among the firms that recruited employees from IIM-V.
- The top 10% of placed students received an average package of Rs 22.72 LPA, while the top 25% and 50% averaged Rs 20.02 LPA and Rs 17.94, respectively.
- The highest package at IIM Visakhapatnam during the 2023 placements was recorded at Rs 32 LPA.
In conclusion, IIM Visakhapatnam has achieved exceptional results in its 2023 placements, setting a new record for the highest average package since its inception. The success of the placements can be attributed to the hard work and dedication of the students, as well as the valuable mentorship provided by the institute’s faculty and staff. The institute’s strong reputation and connections in the corporate world have also contributed to the success of the placements, with top companies recruiting from IIM-V.
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