IIM Visakhapatnam Admission Criteria 2024: Personal Interview, Application Form, Dates

Indian Institute of Management, Visakhapatnam has commenced the application process for IIM Visakhapatnam Admission 2024. Candidates who have a valid CAT 2023 score can fill out the application form by February 29, 2024. Candidates will get a call for personal interview from March 18 to 22, 2024. The PI for IIM Visakhapatnam PGP Admission 2024 will be held from April 8 to 30, 2024. Read this article to know about IIM Visakhapatnam Admission Criteria 2024, fee structure, cutoff of CAT exam, etc.

This Story also Contains

1. IIM Visakhapatnam Admission Criteria 2024
2. IIM Visakhapatnam Admission Dates 2024
3. IIM Visakhapatnam Admission Process - Eligibility Criteria
4. IIM Visakhapatnam Admission Criteria 2024
5. IIM Visakhapatnam fees
6. IIM Visakhapatnam Scholarship

IIM Visakhapatnam Admission Criteria 2024

The IIM Vishakhapatnam released the admission criteria 2024-26 on its official website. It is compulsory for the candidates to have appeared for the CAT 2023 to take admission to IIMV. IIM Visakhapatnam admission criteria 2024 have multiple selection processes based on the candidate's academic qualification in Class 10, Class 12, and Bachelor's Degree, score in CAT 2023, performance in a personal interview, as well as relevant work experience if any. IIM Visakhapatnam will release the complete list of shortlisted candidates after conducting the selection rounds.

IIM Visakhapatnam Admission Dates 2024

The significant events pertaining to the admission criteria of IIM Visakhapatnam 2024 will be as follows:

Admission Dates of IIM Visakhapatnam

NOTE: Only shortlisted candidates will be notified by email.

Related Articles

• IIM Admission Criteria
• IIM Visakhapatnam Cutoff

IIM Visakhapatnam Admission Process - Eligibility Criteria

Candidates must fulfill the IIM Visakhapatnam 2024 admission criteria as of CAT 2023 to be eligible to apply. The candidates who fulfill the IIM eligibility criteria will be able to apply for IIMV Admission 2024. The CAT 2023 eligibility criteria are as follows:

• Candidates must have a Bachelor's Degree from a recognized university/institution in any discipline.

• Applicants who are appearing in the final year examinations of graduation can also apply. Provided their admission will be on a provisional basis until the required documents are not submitted before the prescribed date.

• Candidates belonging to the general category must have a score of a minimum of 50% marks in aggregate in the qualifying examination. Whereas, candidates belonging to the reserved category will be given 5% relaxation.

• There are no age criteria to apply for the IIM admission and CAT 2023 as per IIM Visakhapatnam admission criteria 2024.

Know about IIM Visakhapatnam Courses 2024

IIM Visakhapatnam Admission Criteria 2024

IIMV will adopt a three-phase selection process, and accordingly, the selection criteria will be applied in three phases. The selection process, parameters and weights used will be uniform for all categories of applicants. Sufficient candidates will be shortlisted at each stage in each category to meet the reservation requirement for each group, as applicable at that time.

Phase-1: In the first phase process, all eligible candidates who have appeared for CAT 2023 and have selected IIM Visakhapatnam as one of their preferences in the CAT form will be considered. Candidates who qualify at this stage will be asked to apply for admission to PGP 2024-26 of the IIMV through the IIMV website.

• The first shortlist of candidates will be based on candidates securing minimum section-wise and aggregate percentile scores in the CAT 2023. Candidates obtaining a positive (greater than zero) raw score in all sections of CAT-2023 will be considered. The percentile cut-off scores used for CAT 2023 can be referred to understand the same.

First Shortlist for the PGP batch of 2024-26 based on CAT 2023

*These cut-offs are not for admission offers, but only for the Phase 1 shortlist. The cut-offs for admission offers can be much higher.

• All candidates in the first shortlist (i.e. those who have selected IIM Visakhapatnam as one of their preferences in the CAT 2023 form and also meet the minimum CAT 2023 percentile requirements as given above) will be receiving an e-mail from IIM Visakhapatnam around the end of January 2024, with a link to a web page where they MUST have applied for admission to PGP 2024-26 at IIM Visakhapatnam, by a stipulated date by filling a detailed online application.
• All Phase-1 Shortlisted Candidates will be invited to submit a detailed online application, including a Statement of Purpose, details of semester-wise/ year-wise marks in bachelor’s degree etc., copies of all academic transcripts and certificates, copies of work experience certificates (if applicable), certificate of disability (if applicable), scheduled caste/ scheduled tribe/ other backward class – non-creamy layer certificate (if applicable), EWS certificate (if applicable).
• Only those Phase-1 Shortlisted Candidates, who have submitted the detailed application (including all the required documents) by the due date, will be considered for the next phase of the Admissions Process.

Phase-2: Only those candidates who meet the minimum CAT 2023 percentiles requirements and have applied for admission to IIMV by filling out the detailed online application (hereinafter referred to as Qualified Confirmed Candidates) by the stipulated date will be considered in Phase 2 of the admission process.

• All Qualified Confirmed Candidates will receive an e-mail from IIM Visakhapatnam around the last week of March 2024, with a link to a web page where they MUST reconfirm their interest to pursue their candidature further, by a stipulated date, for admission to PGP 2024-26 at IIM Visakhapatnam.
• All Qualified Confirmed Candidates who will reconfirm their interest in admission to IIMV will be considered for Phase-2 selection (hereinafter referred to as Reconfirmed Qualified Candidates). In order to prepare the Phase-2 shortlist, the candidates' percentage scores in the 10th and 12th Board exams will be initially adjusted by dividing each such score by the 90th percentile score obtained in that Board. The database of 10th and 12th scores of all CAT applicants of the past two years will be used for identifying the 90th percentile score for each 10th and 12th Board, for this purpose.
• For all confirmed qualified Candidates, final scores obtained by the candidates will be used for the bachelor’s degree and professional degrees (if any). Incomplete or intermediate scores will be considered only if the candidate’s final score will be pending. Thus, for final year bachelor’s degree candidates (at the time of CAT 2023 registration), their incomplete graduation score will be taken in lieu of the final graduation score. Graduation scores will be adjusted within their respective categories. This gave the adjusted score for the bachelor’s degree for all Qualified Confirmed Candidates.
• For all Reconfirmed Qualified Candidates, the maximum work experience score and the ‘professional course’s core will be considered for selection under a common parameter of work experience since both provide professional work experience relevant to a management program.
• For all Qualified Confirmed Candidates, the score/weight for work experience is calculated as:

• For all Reconfirmed Qualified Candidates, the weights for the six components will be fixed as:

• a) CAT = 50
• b) 10th Board = 10
• c) 12th Board = 10
• d) Bachelors = 10
• e) Diversity = 10 {Gender (Female & Transgender)}
• f) Work Experience = 10

• The 50 points for CAT will be derived from the performance in each of the three sections as follows: Verbal & Reading Comprehension (VARC) –18 points, Data Interpretation & Logical Reasoning (DILR) – 14 points, and Quantitative Aptitude (QA) – 18 points
• For all Reconfirmed Qualified Candidates, the weighted aggregate of the six components, namely (a) CAT; (b) 10th Board; (c) 12th Board; (d) bachelor’s; (e) diversity; (f) work experience or professional course; as stated above, will be used to prepare a pre-PI rank list based on which a second shortlist of candidates will be prepared, for an assessment through Personal Interview. Sufficient candidates will be shortlisted (hereinafter referred to as Phase-2 Shortlisted Candidates) to enable selection based on the additional evaluation component: Personal Interview.

Phase-3: Only those Phase-2 Shortlisted Candidates, who will reconfirm by the due date, will be considered for the personal interview stage in Phase-3 as described below.

• Candidates should note that those who will be shortlisted and interviewed by any one or more of the IIMs at Bangalore, Calcutta, Kozhikode, Lucknow, or Indore (only for their PGP/PGPM programs), will not be required to appear for the personal interview of IIMV. For these candidates, the average of their Personal Interview (PI) scores from the above IIMs will be used to derive their PI score for IIMV1.
• Candidates who will NOT be shortlisted and interviewed by any of the IIMs at Bangalore, Calcutta, Kozhikode, Lucknow, Indore (only for their PGP/PGPM programs) will be required to appear for a Personal Interview (PI) to be conducted by IIMV.
• The scores in all past academics will also be updated, if required, on the basis of actual mark sheets/ grade cards submitted. Unless otherwise mentioned, percentages will be calculated by considering all subjects that the candidate will appear for the examination.
• The Personal Interview score (weight=48), after standardization across interview panels and sessions, will be added to the following scores to arrive at the final aggregate score:
  • a) PI Score (weight=48)
  • b) CAT (weight=25)
  • c) 10th Board (weight= 4)
  • d) 12th Board (weight= 4)
  • e) Bachelor’s (weight= 4)
  • f) Diversity {Gender (Female & transgender)} (weight= 5)
  • g) Work Experience (weight=10)
• The final offers of admission to candidates will be made strictly on the basis of ranks in each category on the final aggregate score, as mentioned.
• Suppose a candidate wished to withdraw his/her admission on or before the withdrawal date specified by the Institute in the admission offer letter. In that case, the authority will update the policy soon on its official website. Earlier, the authorities had refunded the fee paid after deducting Rs.1,000/- (Rupees One-Thousand only) as the processing fee. In case of withdrawal from the program on or after the registration date, the candidate was not eligible for any refund.
• The registration date will be considered as the closure of the admission process for that academic year. In case a candidate wishes to withdraw his/her admission after the withdrawal date (mentioned in the admission offer letter), but before the programme registration date, then the fee paid by the candidate will be refunded after deducting the applicable charges, only if the seat is filled, else the candidate will forfeit the entire fee paid.

IIM Visakhapatnam fees

The program fee for the PGP 2024-26 batch will be Rs 17,82,960/- for two years. This will be a consolidated sum. Additionally, an amount of Rs 29,970/- per term will be charged towards advance for mess and other expenses. The institute does not impose additional fees for any of the services or amenities. A one-time refundable caution deposit of Rs 30,000/- has to be paid.

Fee Structure for PGP 2024-26 Batch

IIM Visakhapatnam admission offer

Candidates who will receive the provisional admission offer will have to confirm their acceptance by paying the IIM fees of Rs. 50,000. This amount will be adjusted towards the IIM fee of term 1.

Withdrawal and cancellation process

• Before first term registration

If the candidate pays the confirmation fee, then the admission offer stands otherwise if the fee is not received by the stipulated date, then the provisional admission will stand cancelled.

If the candidate has paid the confirmation fee and wishes to withdraw he/she can do so. The refund process will be initiated by deducting Rs. 1000 as per the rules of the Government of India.

The admission of the candidate will stand cancelled if not registered by the stipulated time and date.

If the candidate pays the confirmation fee and fails to withdraw within the stipulated date or fails to register then the amount will be forfeited.

• After registration

The IIM fees will be collected from the candidates at the beginning of each term. If the candidate withdraws admission in the middle of the term then the fee will be forfeited regardless of the number of days the candidate has attended the program.

IIM Visakhapatnam Scholarship

IIMV provides financial assistance to students in need of assistance. The purpose of the IIMV Financial Aid Policy is to ensure that no student misses an institution for financial reasons. All PGP students with an annual household income of less than Rs. 6,00,000 (Rs. 6 lakhs only) will be eligible to apply for financial assistance. Other students with financial problems arising from sudden unforeseen circumstances will also be considered.

In addition to financial aid based on financial need, students will be encouraged to apply and avail of the following IIM Visakhapatnam scholarships:

• Ministry of Tribal Affairs Scholarship (ST)
• Ministry of Social Justice and Empowerment Scholarship (SC)
• Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)
• Merit Cum Means Scholarship for Professional and Technical Courses CS