Placement Reports3 minutes

IIM Visakhapatnam Final Placements 2023 - Highest CTC Offered At INR 32 LPA

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Team InsideIIM
Team InsideIIM

The Indian Institute of Management (IIM) Visakhapatnam has completed the final placement process for the class of 2021-23. The highest CTC offered stood at INR 32 LPA. Around 100 companies participated in the placement process at IIMVisakhapatnam. Companies spread across sectors and industries like Consulting, Strategy, Finance, Product Management, Analytics, Brand Management, Marketing, HR, and IT. In this article, we have covered the key placement details from the IIM Visakhapatnam Final Placements 2023!

IIM Visakhapatnam Final Placements 2023 - Key Placement Statistics 

  1. The highest salary offered stood at INR 32 LPA, which is a 51.78% increase over the previous placement season.
  2. The median salary increased by 28.83% & stood at INR 15.46 LPA.
  3. The average salary stood at INR 15.5 LPA.
  4. The average salary for students with pre-MBA work experience stood at INR 17.2 LPA.
  5. The top 10% of the students received an average salary of INR 22.72 LPA
  6. The top 25% of the students received an average salary of INR 20.02 LPA
  7. The top 50% of the batch received an average salary of INR 17.94 LPA

IIM Visakhapatnam Placements 2023


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IIM Visakhapatnam Final Placements 2023 - Sector-Wise Roles

Sector-wise, IT & Consulting was the highest recruiting sector, holding a 34% share of the total placements at IIM-V this year. BFSI (26%), Manufacturing (14%), Retail (5%), FMGC (4%), and E-commerce (3%).IIM Visakhapatnam Final Placements 2023


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IIM Visakhapatnam Final Placements 2023 - Key Recruiters

Held on a rolling basis, the placement season witnessed around 100 companies participating in the process and making multiple offers, with 61 new recruiters, offering roles across various domains, including Consulting, Strategy, Finance, Product Management, Analytics, Brand Management, Marketing, HR, and IT.

Some of the prominent recruiters are ABSYZ Inc, Accenture, Adani Group, Airtel Payments, Amara Raja Group, Amazon, Amul, Anand Rathi, ArcelorMittal, AUSF Bank, Axis Bank, Bosch, Bandhan Bank, Brillio, Cognizant, Comviva, Crompton, Deloitte, EY India, Factspan, Future Generali, Haldiram, HCL, HDFC Bank, ICICI Bank, ICICI Lombard, ICICI Prudential, Infosys, Integrace Health, Invesco, KPMG, LatentView Analytics, Mahindra Logistics, MTR Foods, Poonawalla Housing Finance, Quadrant, Reliance Retail, SBI Capital, State Street, TAFE, TATA Advanced Systems, TVS Motors, Ultra Tech, Whirlpool, Wildcraft, YES Bank, Zetwerk, 3i Infotech, etc.

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IIM Visakhapatnam Final Placements 2023 - Highest Salary At INR 32 LPA