Visakhapatnam is a major port city in the southern state of Andhra Pradesh. In today’s competitive world, an MBA degree holder has the edge over others. To explore one’s potential; an MBA graduate seeks challenging job assignments in multi-national organizations. This city provides a lot of opportunities for students who intend to MBA from top MBA colleges in Visakhapatnam. After completing a post-graduate programme in management from top MBA college like Indian Institute of Management (Visakhapatnam), one can expect to be placed in reputed firms. While taking admission in an MBA college, students also take into account factors like ranking, placements, MBA course fee, admission criteria etc. The following article provides information regarding top MBA colleges in Visakhapatnam.
Some of the parameters we used to judge these MBA colleges included:-
- Faculty Experience
- Industry Exposure
- University Collaborations
- Physical Infrastructure
- Average Package
Our industry experts with more than 20 years of experience have rated these top MBA colleges on the above factors, and this quantitative data has been then supplemented with qualitative factors such as student feedback, faculty accessibility etc. to give you one of the best B-school ranking lists available online.
MBA colleges in Visakhapatnam accepting CAT, XAT, CMAT and GMAT scores:-
- As a management aspirant, you should be aware of the list of best MBA colleges that accept CAT, XAT or GMAT scores for the final intake of students in the two-year management program.
- The Indian Institute of Management (IIMV) was set up in the year 2015, and it is one of the best MBA colleges in Visakhapatnam. It accepts CAT scores followed by personal interview at IIM Visakhapatnam. A unique feature is this institute provides a week-long international immersion programme so that students have a better understanding of the global trends. Indian Institute of Management Bangalore is the mentor for IIM Visakhapatnam. Moreover, the academic processes at IIMV are aligned with that of IIM Bangalore ensuring high standards.
- GITAM School of International Business is one of the top-ranking B- schools in international business. GSIB has a unique curriculum which prepares the students to have a better understanding of the corporate world and have the confidence to deal with the challenges of international business. One of the best colleges to pursue MBA in international business or Global Logistics & Supply Chain Management. To get admission in the programme, students need to have a valid CAT/XAT/MAT/NMAT /GMAT/CMAT / GSIB Entrance Test 2019 score followed by group discussion and personal interview. One of the top MBA colleges GITAM School of International Business was established in the year 1997 and the institute had academic collaboration with IIFT (Delhi).
Visakhapatnam – Preferred city to pursue Management Programs (MBA)
Let’s have a look at the reasons:-
- Epicenter for various business activities:-
A youth equipped with requisite skill and knowledge will have innumerable opportunities for growth in Visakhapatnam. Visakhapatnam has many heavy industries including BHEL Ltd, Hindustan Petroleum Corporation Ltd, Hindustan Shipyard Limited, Naval Science and Technological Laboratory etc. Due to the presence of these industries, the city has witnessed a lot of economic development and growth. This city also has one of the largest cargo handling ports. A large part of the revenue is generated from ITES and the IT sector. Major firms like Mahindra Satyam, Wipro, InfoTech, HSBC, IBM etc. have their operations running in this city.
- Immense career opportunities for Management students:-
Visakhapatnam is known as the financial, commercial and industrial nerve centre of Andhra Pradesh. Several heavy industries, information technology, tourism, industrial minerals, fishing and pharma sector have contributed to the economy of this region. The city has robust infrastructure and excellent connectivity to other major cities. Visakhapatnam has many special economic zones and industrial corridors such as APSEZ, APIIC, VSEZ, Aganampudi Industrial Park which has generated a lot of employment.
Let’s have a look at the fee structure and the average salary structure of various colleges:-
MBA colleges in Vishakapatnam - Fee structure and average salary (subject to revision):-
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Name of Colleges
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Fee Structure
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Avg. Placement Salary
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Indian Institute of Management, Visakhapatnam
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Rs 13Lacs (total fees)
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Rs 12.61 LPA
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GITAM School of International Business, Visakhapatnam
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Rs 8,50,000 (total fees)
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Rs 5 LPA (approx.)
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The best business colleges in India are the ones which offer management education that keeps pace with Global MBA environment. The management colleges should have either been accredited with one or more international accreditations or should be in the process of being awarded with it. These top colleges have a unique pedagogy and highly qualified faculty; the students at the best MBA colleges in India get consistently higher average placements year after year as they become industry ready.
The top ranking MBA colleges include not only the Indian Institutes of Management (IIMs) but also some of the other university-affiliated and private MBA colleges which are doing much better than many of the newer IIMs. The best MBA colleges and a number of IIMs have a similar fee structure, but some of the newer IIMs placements, IIM Admission process and the IIMs average salary in placement tend to lag behind in a number of these best MBA colleges. This exhaustive list of top colleges to pursue your management education from has been compiled after comprehensive research of MBA universities and colleges by our panel of experts.
Conclusion:-
Therefore, we recommend that first analyze as to what are the parameters which are important for you and then decide the college which caters to these parameters. Most importantly, you have to give in 100% to achieve your goal. All the best !!!
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