IIM Visakhapatnam - Indian Institute of Management Visakhapatnam - Placements
IIM Visakhapatnam Placements 2023: Highlights
The recent developments in the placements scenario at IIM Visakhapatnam for the batch of 2021-23 showcase impressive statistics. The placement rate for the Post Graduate Programme (PGP) class of 2023 was an outstanding 100%. Notably, the highest package reached INR 32.65 LPA, marking a significant increase of over 3% compared to the previous year, and the average package stood at INR 16.61 LPA, reflecting a substantial 10% rise.
IIM Visakhapatnam Placement Report 2023: Highlights
Some key highlights comparing the placement statistics of 2023 with 2022:
| Particulars | PGP Placement Statistics (2022) | PGP Placement Statistics (2023) |
| Highest package | INR 31.60 LPA | INR 32.65 LPA |
| Average package | INR 15.06 LPA | INR 16.61 LPA |
| Median package | INR 15.46 LPA | INR 16.00 LPA |
| Placement rate | 100% | 100% |
| Top recruiting sector | IT & Consulting (35% recruiters) | IT & Consulting (33% recruiters) |
| No. of companies | 86 | 141 |
| New recruiters | 49 | 95 |
IIM Visakhapatnam Average Package 2023
The average package for IIM Visakhapatnam MBA placements in 2023 was INR 16.61 LPA. Additionally, students with prior work experience secured an average package of INR 18.32 LPA during the PGP placements in 2023.
Over the past three years, there has been a positive trend in the overall average package, as illustrated below:
| Particulars | PGP Placement Statistics (2021) | PGP Placement Statistics (2022) | PGP Placement Statistics (2023) |
| Average Package | INR 12.62 LPA | INR 15.06 LPA | INR 16.61 LPA |
Furthermore, the batch-wise average package for the PGP placements in 2023 is detailed as follows:
| Batch | PGP Average Package (2023) |
| Top 10% average package | INR 29.03 LPA |
| Top 25% average package | INR 23.63 LPA |
| Top 50% average package | INR 20.24 LPA |
IIM Visakhapatnam Top Recruiters 2023
The top recruiters across various sectors during the PGP placements in 2023 are as follows:
| Sectors | Top Recruiters (2023) |
| Strategy & Consulting | Adani Group, Cognizant, Deloitte India |
| Marketing | Amazon, Amul, Asian Paints |
| BFSI | Axis Bank, ICICI Bank, HSBC |
| IT and Analytics | Accenture, Cognizant, MAQ Software |
| General Management, Operations and HR | Deloitte India, GMR Group, Integrace Health |
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