Indian Institute of Management Visakhapatnam – [IIMV], Visakhapatnam Placements
Placements
IIM Visakhapatnam Placements 2024
The 2024 placements at IIM Visakhapatnam concluded with 100% success. The average package was INR 15.64 LPA, while the highest package reached INR 43.25 LPA, a 25% increase from the previous year. Four students received international offers, with an average package of INR 19.5 LPA. The BFSI sector made the most offers (34%), followed by the Consulting sector (31%). A total of 177 companies participated in the placement drive, with 117 being new recruiters. Top recruiters included Accenture, Adani Wilmar, Asian Paints, DS Group, Axis Bank, and Bajaj Finserv.
The 2024 Summer Internship Placements at IIM Visakhapatnam have concluded. The highest stipend reached INR 2.5 lakhs per month, and the average stipend saw a 38% increase, standing at INR 79,000 per month. The process achieved 100% summer placements, with the IT/ITES sector alone accounting for 22% of the internship offers.
IIM Visakhapatnam Placements 2024 Report
Particulars | Placement Statistics (2024) | Placements Statistics (2023) | Placements Statistics (2022) |
---|---|---|---|
Number of Recruiters | 177 | 141 | 86+ |
Number of New Recruiters | 117 | 95 | 49 |
Placement Percentage | 100% | 100% | 100% |
Highest Package | INR 43.25 LPA | INR 32.65 LPA | INR 31.60 LPA |
Average Package | INR 15.64 LPA | INR 16.61 LPA | INR 15.06 LPA |
Top 10% Average Package | INR 28.6 LPA | INR 29.03 LPA | INR 20.67 LPA |
Top 25% Average Package | INR 24.62 LPA | INR 23.63 LPA | INR 19.39 LPA |
Top 50% Average Package | INR 21.05 LPA | INR 20.24 LPA | INR 17.82 LPA |
Median Package | – | INR 16 LPA | INR 15.46 LPA |
International Offers | 4 | – | – |
Average Package of International Offers | INR 19.5 LPA | – | – |
Top Sector | BFSI, IT & Consulting | IT & Consulting (33%) | IT/ITES, BFSI |
Top Recruiters | Accenture, Adani Wilmar, Asian paints, DS Group, Axis Bank, Bajaj Finserv, etc. | Amazon, Asian Paints, Deloitte, Adani Group, Cognizant etc | Amazon, BYJU’s, Deloitte, HCL, HDFC Bank etc |
- Average Salary stood at INR 15.64 LPA.
- The highest package increased by 25% from INR 32.65 LPA to INR 43.25 LPA.
- The average package decreased from INR 16.61 LPA to INR 15.64 LPA.
- Top 10% average package decreased from INR 29.03 LPA to INR 28.6 LPA.
- Top 25% average package increased from INR 23.63 LPA to INR 24.62 LPA.
- Top 50% average package increased from INR 20.24 LPA to INR 21.05 LPA.
IIM Visakhapatnam Placements 2023
IIM Visakhapatnam Placements for 2023 have been successfully completed with a 100% placement rate. The IIM Visakhapatnam Average Package saw a notable increase of 10.29%, reaching INR 16.61 LPA, while the highest package offered was INR 32.65 LPA. An impressive 17% of the total students (193 students) received multiple job offers. The IT & Consulting sector dominated the placements with 33% of the offers, followed by the BFSI sector at 26%. Additionally, Product, Strategy & Consulting roles received the highest number of offers at 25%. The placement drive witnessed participation from 141 companies, including 95 new recruiters. Prominent organisations such as Amazon, Asian Paints, Deloitte, Adani Group, and Cognizant were among the top recruiters.
The Summer Internship Placements for 2024 at IIM Visakhapatnam have been successfully concluded, achieving a 100% placement rate. The highest stipend offered during the internship period was INR 2.5 Lakhs per month, while the average stipend saw a significant increase of 38%, reaching INR 79,000 per month. Notably, the IT/ITES sector accounted for 22% of the total internship offers.
IIM Visakhapatnam Placements 2023 Report
Particulars | IIM Visakhapatnam Placements Statistics 2023 | IIM Visakhapatnam Placements Statistics 2022 |
---|---|---|
Number of Recruiters | 141 | 86+ |
Number of New Recruiters | 95 | 49 |
Placement Percentage | 100% | 100% |
Highest Salary | INR 32.65 LPA | INR 31.60 LPA |
IIM Visakhapatnam Average Package | INR 16.61 LPA | INR 15.06 LPA |
IIM Visakhapatnam Average Package for Working Professionals | INR 18.32 LPA | |
Top 10% IIM Visakhapatnam Average Package | INR 29.03 LPA | INR 20.67 LPA |
Top 25% IIM Visakhapatnam Average Package | INR 23.63 LPA | INR 19.39 LPA |
Top 50% IIM Visakhapatnam Average Package | INR 20.24 LPA | INR 17.82 LPA |
Median Salary | INR 16 LPA | INR 15.46 LPA |
Top Domain | – | Consulting |
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. |
IIM Visakhapatnam Summer Internship Placements 2024 Report
Particulars | Internship Statistics 2024 | Internship Statistics 2023 | Internship Statistics 2022 |
---|---|---|---|
Number of Recruiters | 134 | 60 | – |
New Recruiters | 96 | 41 | – |
Number of Students | 271 | – | – |
Internship Percentage | 100% | – | – |
Highest Stipend | INR 2.5 Lakhs per month | INR 3.5 Lakhs per month | INR 2 Lakhs per month |
Average Stipend | INR 79 K per month | INR 57 K per month | INR 62.264 K per month |
Median Stipend | INR 70 K per month | INR 50 K per month | – |
Major Sectors | IT/ITES. Edtech, Pharma | IT/ITES, BFSI | – |
Top Recruiters | Adani Group, Bain & Co, Cognizant, EY, Goldman Sachs etc | – | – |
Yearwise
Year | Companies Visited | Highest Package | Average Package |
---|---|---|---|
2024 | 43.25 LPA | 15.64 LPA |