Top MBA Colleges in Visakhapatnam: Ranking 2025, Fees, Admissions, Courses, and Placements
Visakhapatnam is home to 50+ leading MBA colleges, including 40 private institutions, 4 government colleges, and 1 public-private institute. These colleges accept a variety of entrance exams, such as APICET, MAT, CAT, and XAT.
Some of the top MBA colleges in Visakhapatnam include:
IIM Visakhapatnam
GITAM School of Business
Dr. Lankapalli Bullayya College
Gayatri Vidya Parishad College for Degree and PG Courses
Andhra University
Vignan’s Institute of Information Technology
Rankings & Placement Highlights
IIM Visakhapatnam improved its ranking from 29th in 2023 to 26th in 2024.
The institute also recorded the highest annual average package of INR 15.46 LPA.
Top MBA Colleges in Visakhapatnam: Key Highlights 2025
The Master of Business Administration (MBA) remains one of the most in-demand postgraduate programs globally. MBA graduates are highly sought after across various industries, regardless of their specialisation. While most MBA programs span two years, some business schools offer a one-year PG Diploma in Management (PGDM). Candidates with a bachelor’s degree are eligible to apply for MBA programs. Additionally, some top MBA colleges in Visakhapatnam may prefer candidates with relevant work experience.
The table below provides an overview of top MBA colleges in Visakhapatnam:
Human Resources, Sales & Marketing, Operations, IT & Systems, etc.
Accepted Entrance Exams
APICET, CAT, MAT, XAT, CMAT, etc.
Top MBA Colleges in Visakhapatnam: NIRF Ranking 2024
The National Institutional Ranking Framework (NIRF) is a ranking system established by the Ministry of Education, Government of India, to assess and rank higher education institutions across the country. Introduced on 29 September 2015, the framework evaluates colleges based on parameters such as teaching, learning, research, graduation outcomes, and perception.
The table below presents the top MBA colleges in Visakhapatnam along with their NIRF rankings from 2022 to 2024:
College Name
NIRF 2022
NIRF 2023
NIRF 2024
IIM Visakhapatnam
33
29
26
Top MBA Colleges in Visakhapatnam: Admissions 2025
To secure admission to the best MBA colleges in Visakhapatnam, candidates must meet specific eligibility criteria. Below are the general requirements:
Educational Qualification: Applicants must hold a bachelor’s degree or an equivalent qualification in any discipline from a recognised university or institution, with a minimum aggregate of 50% marks.
Entrance Exam Scores: Many MBA colleges in Visakhapatnam accept scores from national-level entrance exams such as APICET, CAT, MAT, XAT, etc. Candidates must meet the minimum cutoff scores set by their respective colleges.
Entrance Exams Accepted by Top MBA Colleges in Visakhapatnam
The table below outlines the entrance exams accepted by the best MBA colleges in Visakhapatnam, along with the number of colleges that consider each exam and their respective cutoff predictors:
Exam Name
Number of Colleges
Cutoff Predictor
AP ICET
49
AP ICET Predictor
MAT
5
MAT Predictor
CAT
5
CAT Predictor
XAT
4
XAT Predictor
CMAT
3
CMAT Predictor
ATMA
3
ATMA Predictor
Top Private MBA Colleges in Visakhapatnam
The table below provides an overview of some of the best private MBA colleges in Visakhapatnam, along with their total tuition fees:
Private Colleges
Total Tuition Fee
GITAM School of Business
INR 10 lakh
Dr. Lankapalli Bullayya College
INR 1 lakh
Vignan’s Institute of Information Technology
INR 95,000
Sun International Institute of Tourism and Management
INR 3 lakh
VIT Visakhapatnam
INR 63,000
Best MBA Colleges in Visakhapatnam: Fees vs Salary
Return on Investment (ROI) evaluates the financial benefits of pursuing an MBA from a particular institution. It compares the tuition fees paid with the placement package received after graduation.
The table below highlights some of the top MBA colleges in Visakhapatnam, along with their total tuition fees and annual average salary packages:
College Name
Total Tuition Fee
Annual Average Package
IIM Visakhapatnam
INR 16 lakh
INR 15 LPA
Andhra University
INR 9 lakh
INR 3 LPA
Vignan’s Institute of Engineering for Women
INR 70,000
INR 3 LPA
Sanketika Vidya Parishad Engineering College
INR 70,000
INR 2 LPA
Affordable MBA Colleges in Visakhapatnam
Pursuing an MBA in Visakhapatnam can be budget-friendly, as many institutions offer programs with tuition fees below INR 1 lakh. Below is a list of some of the most affordable MBA colleges in Vizag along with their fee structure:
