IIM Visakhapatnam Fees
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IIM Visakhapatnam Fees - The two-year, regular, and residential postgraduate management programme, leading up to postgraduate diploma in management, IIM Visakhapatnam is designed to equip students to take on leadership roles in the changing global scenario. It has been accorded equivalence with Master’s degree of an Indian University by the Association of Indian Universities (AIU) for the purpose of admission to higher studies. Indian Institute of Management Visakhapatnam has released the admission criteria for its PGP for 2019-21 batch. As per the admission criteria, the admission process will be divided into three phases. The first phase will comprise shortlisting candidates based on their CAT 2018 percentile. The test takers obtaining a positive (greater than zero) score in all sections of CAT-2018 will only be considered for further admission procedure. The IIM Visakhapatnam fees amounts to Rs. 10,50,000 (programme fees). Apart from this, the candidates of the academic session of 2018-20 paid Rs. 20,000 as the caution deposit to be paid on the registration date of Term-1. No notification pertaining to IIM Visakhapatnam fees revision has been officially published for the academic batch of 2019-2021.

The tuition fees of each term of the two-year PGP programme in IIM Visakhapatnam is Rs. 1,75,000 (Rs. 1,75,000 x 6 = Rs. 10,50,000). The total IIM Visakhapatnam fees amounts to Rs. 12,00,000 excluding the refundable caution deposit. Careers360, in this article, provides aspirants information related to the IIM Visakhapatnam fees including fee structure, number of seats, programme details and admission, and selection procedure.

The IIM Visakhapatnam fees for the batch of PGP 2018-20 covered the following fee components-


Fees Details - IIM Visakhapatnam

Components 

PGP- I (2018-19)

PGP- II (2019-20)

Total

Tuition/Programme Fees  

Rs. 5,25,000

Rs. 5,25,000

Rs. 10,50,000

Advance for Mess and other expenditures (including printing and photocopying charges etc)

Rs. 75,000

Rs. 75,000

Rs. 1,50,000

Due date of payment

As per admission offer letter

As per admission offer letter

As per admission offer letter

The table below displays information pertaining to the detailed fee structure (charges and expenses) of IIM Visakhapatnam for the two-year PGP/PGPM programme-

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Particulars 

                

             PGP- I (2018-19)

         

          PGP- II (2019-20)


Term-I

Term-II

Term-III

Total 

Term-IV

Term-V

Term -VI

Total 

Total Charges (Rs.)

200000

200000

200000

600000

200000

200000

200000

600000

 IIM Visakhapatnam fees include tuition fees, course materials, computer charges, library fees,     lodging charges, development fees, medical insurance charges, students’ association fees,  alumni activities. Additionally, a refundable caution deposit of Rs. 20,000 needs to be paid by  students on the registration day of the first term.

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IIM Visakhapatnam Fees - Things to Remember

  • Candidates need to deposit an amount of Rs. 50,000 as acceptance fee which will be adjusted against the 1st term fees.

  • The term-wise amount indicated in the table above is payable at the beginning of each term.

  • An amount of INR 25,000/- per term will have to be paid towards the advance for mess     and other expenses.


 IIM Visakhapatnam Programme, Structure, and Seats
The number of seats in IIM Visakhapatnam pertaining to PGP programme is around 53. Apart from the popular PGP/PGPM programme, IIM Visakhapatnam offers certain other postgraduate management courses, namely,

  •  Fellow Programme in Management (FPM)

  • International Immersion Programme (IIP)


IIM Visakhapatnam- Admission Process
Candidates looking forward to pursuing PGP course in IIM Visakhapatnam should appear for CAT and meet certain other IIM Visakhapatnam admission criteria mentioned below-

Stages of IIM Visakhapatnam Admission Criteria 2019-21

  • CAT 2018 score to shortlist candidates

  • Shortlisted candidates for Written Ability Test (WAT) and Personal Interview (PI)

  • Final Selection based on CAT Score, Profile Score which includes Academic Performance, and Work Experience. 


Selection Procedure of IIM Visakhapatnam
The final selection of IIM Visakhapatnam is based on the aggregate score of CAT, WAT and PI along with the candidate’s academic performance, and work experience. For General category candidates, the overall IIM Visakhapatnam CAT cutoff score is 90 percentile. However, the sectional cutoff is 80 percentile for DILR and QA sections whereas 85 percentile in VARC section is required to qualify for IIM-V admission 2019. The CAT cutoff 2018 for other categories (NC-OBC, SC, ST, and DAP) does not show any difference.

The following table displays the weightage given to interview rounds and academic profile of candidates - 


IIM Visakhapatnam Selection Procedure 2019-21

Stage

Weightage

CAT score

25 percent

Personal Interview (PI)

30 percent

Writing Ability Test (WAT)

10 percent

10th Board Exam Score

10 percent

12th Board Exam Score

5 percent

Bachelor’s Degree Score

10 percent

Work experience

10 percent


IIM Visakhapatnam- Placement
IIM Visakhapatnam has successfully completed the final placement process for the academic batch of 2016-18 with an average salary of Rs. 12.07 lakh per annum (LPA). Highest offers were made from the Sales & Marketing domain. As many as 42 companies participated in the process and made 50 offers to 45 participating students of IIM Visakhapatnam and as much as 18 percent of the students received pre-placement offers (PPOs) or pre placement interviews (PPIs).

IIM Visakhapatnam Fees - Bank Loans
Selected candidates can choose to take education loan from banks to pay the IIM Visakhapatnam fees. An education loan of Rs 15-20 Lakh is offered to applicants by several private and government banks who secure admission in one of the premier colleges in India (like IIMs, ISB, SPJIMR, IITs, BITS etc). Banks at times do ask students to provide a collateral security for granting the required education loan. Students are advised to check the interest rates and processing fee with individual banks.

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