27 March 2024 – The Indian Institute of Management-Visakhapatnam (IIM-Vizag) has once again achieved a remarkable feat by securing 100% placements for its students, marking the eighth consecutive year of successful placements. With an impressive average package of Rs 15.64 LPA and the highest package reaching Rs 43.25 LPA, the institute has set new benchmarks in its placement records.
This year’s placement season witnessed exceptional outcomes, with top-tier students receiving lucrative offers across various sectors. The top 10% of students secured an average package of Rs 28.6 LPA, showcasing the institute’s commitment to fostering talent and providing unparalleled opportunities for its students. Notably, the institute also witnessed a significant rise in international offers, further underlining its global recognition and appeal.
A diverse array of companies, encompassing sectors such as banking, financial services, IT, consulting, manufacturing, logistics, retail, FMCG, healthcare, real estate, and telecom, participated in the placement drive, offering roles across multiple domains. The overwhelming response from recruiters reflects their confidence in the institute’s academic rigor and the caliber of its graduates.
Prof M Chandrasekhar, Director of IIMV, lauded the resilience and dedication of the students, emphasizing the pivotal role played by the placement teams and committees in ensuring the success of the placement drive. Prof Deepika Gupta, Chairperson of Career Development Services and Alumni Relations, expressed gratitude to recruiters for their unwavering support and commended the students for their exceptional performance.
The extensive list of recruiters, comprising renowned names from the corporate realm, underscores the institute’s strong industry connect and the trust reposed in its talent pool. The successful culmination of the placement season stands as a testament to the institute’s unwavering commitment to excellence and its ability to navigate challenges with resilience and determination.
