IIM Visakhapatnam announces phase-2 of admission; moves to final selection round of PGP 2016-18

After completing the process in phase 1, IIM Visakhapatnam has announced the Phase 2 shortlist of candidates for PGP 2016-18 batch. The shortlisted candidates have to appear now in Personal Interview & Written Ability Test to be conducted under the mentorship of IIM Bangalore.

The phase-2 shortlist has been declared after the candidates shortlisted in phase-1 had reconfirmed their interest by April 28, 2016. Those who missed the deadline may not participate in PI and WAT for admission to IIM Visakhapatnam.

Academic scores played key role For all the Qualified Confirmed Candidates shortlisted for phase-2 , the candidates percentage scores in the 10th and 12th board exams are 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 is used for identifying the 90th percentile score for each 10th and 12th board for this purpose. Final scores obtained by the candidate are used for the bachelors degree and professional degrees (if any).

Graduation scores are adjusted within their respective categories. This gives the adjusted score for the bachelors degree for all Qualified Confirmed Candidates.

CA/CS only eligible for professional courses weight Candidates with Chartered Accountancy, Cost Accounting, and Company Secretary certifications are eligible for weight under professional course. IIM Visakhapatnam will not award weight to any other professional course.

Weightage to work experience For all Qualified Confirmed Candidates, the score/weight for work experience is calculated as Score for Work Experience = 5x/36 (if 0 < x < 36) = 5 (if x >= 36) Where x is the months of work experience up to September 2015, as captured in CAT application form (and substantiated in the application to IIM Visakhapatnam). This implies that the score will be the highest at 36 months work experience and will remain at that level for candidates with work experience exceeding 36 months.

CAT score awarded lowest weightage Please note according to IIM Visakhapatnam the maximum of the work experience score and the professional course score is considered for selection under a common weight of 5 for work experience or professional course - since both provide professional work experience relevant to a management programme.

Weights for all the components are fixed and would be as under while making final admission offer to the candidate

Component
Weightage

CAT 2015 score
20

Class 10 score
15

Class 12 score
10

Graduation score
15

Work ex/Professional course
5

Gender Diversity
1 (After phase-2, no weightage)

PI and WAT
35

Candidates Exempted from appearing in PI round Candidates who are shortlisted / interviewed by any one or more of the IIMs at Bangalore, Calcutta, Indore, Kozhikode, Lucknow will not be required to appear for the personal interview of IIM Visakhapatnam. For these candidates, their personal interview (PI) / written ability test (WAT) scores from the above IIMs will be used to derive their PI /WAT scores for IIM Visakhapatnam

If a candidate was shortlisted for PI/WAT by IIM Bangalore, his/her PI/WAT score of IIM Bangalore will be used as the PI/WAT score by IIM Visakhapatnam. For all other candidates the average of their PI/WAT scores (from IIMs Calcutta, Indore, Kozhikode, Lucknow) will be used as the PI/WAT score by IIM Visakhapatnam.

Candidates who are not shortlisted / interviewed by any of the IIMs at Bangalore, Calcutta, Indore, Kozhikode, Lucknow will be required to appear for a personal interview (PI) / written ability test (WAT) conducted by IIM Visakhapatnam.

IIM Visakhapatnam proposes to commence its academic session from the 3rd week of July 2016. Fee for PGP 2016-18 as announced by IIM Visakhapatnam is INR 10.5 lakhs for the 2 year programme. Exact amount and details of breakup will be given in the admission offer. You will need to pay an initial acceptance fee of INR 50000.

IIM Visakhapatnam operates from Andhra University campus. It has arranged the hostel accommodation at Falcons Nest Plot No 27/28, Ramaraju Nagar, Near Prasanthi Nagar Pedda Waltair, Visakhapatnam-530017.

IIM Visakhapatnam started operation in 2015. It is the first among the 6 new IIMs to achieve the summer placement for the entire first batch. Summer Placement season for the first batch PGP class of 2015-17 of the Indian Institute of Management Visakhapatnam (IIMV) successfully concluded with 33 companies recruiting all 48 participating students from the batch of 49, while one student opted out to pursue a startup effort.

IIM Bangalore is the mentor IIM to IIM Visakhapatnam. Classes at IIM Visakhapatnam are held at the temporary premises allotted to it at Andhra University campus and will continue at the temporary campus till the 300 acre campus of IIM Visakhapatnam gets ready.