What is the summer internship stipend at IIM Visakhapatnam?

IIM Visakhapatnam's summer internship stipend for 2024 shows a highest of ₹3.50 LPM and average of ₹69,094 per month. The gap between these figures reflects the typical tier distribution at new IIMs, where top performers access premium roles while the bulk of placements cluster in the ₹50-80K range.

The Verified Numbers

⁡LNK0⁢ released official SIP data for 2024 that shows the following breakdown

The average sits below older IIMs but aligns with the second-wave new IIM cluster. Founded in 2015 alongside IIM Sambalpur, Sirmaur, Bodh Gaya, and Amritsar, Visakhapatnam is still building its recruiter base and cohort strength.

What Drives the Stipend Range

The ₹3.50 LPM top stipend proves that premium recruiters do visit. Firms like Deloitte, EY, KPMG, and select BFSI players offer roles in the ₹2-3.5 LPM bracket. However, these slots are limited, typically 5-10 per cohort. The bulk of internships come from tier-1.5 and tier-2 firms in consulting, analytics, product management, and marketing, where stipends range ₹50-80K per month.

This creates a bimodal distribution. Strong candidates with targeted preparation can capture the top tier, while the average reflects the broader cohort outcome.

The IIM brand does produce recruiter access, many firms that visit IIM Calcutta or IIM Lucknow for final placements also stop at Visakhapatnam for SIP, though with smaller slot allocations.

Peer Comparison Across New IIMs

IIM Visakhapatnam's average compares closely with other new IIMs. IIM Trichy and IIM Udaipur report similar ₹65-75K averages, while IIM Sambalpur and IIM Sirmaur trend slightly lower at ₹55-65K. The top stipends across this cluster are comparable, all hitting ₹2.5-3.5 LPM. The difference lies in average outcomes, which correlate with cohort strength and recruiter penetration depth.

For context, tier-1 IIMs average ₹1.4-1.6 LPM for summer stipends. The gap is real. Candidates choosing between IIM Visakhapatnam and a tier-1 admit should factor this into ROI calculations, especially since final placement outcomes also show similar tier gaps.

Cohort Dynamics and Waitlist Movement

IIM Visakhapatnam saw massive waitlist movement in 2025: 1,038 General, 696 OBC, 461 SC, 274 ST, 184 EWS, and 126 PwD candidates were called. This reflects cohort cascade, where students with IIM Ahmedabad, Bangalore, or FMS admits decline Visakhapatnam.

The matriculating cohort often includes candidates with geographic preferences (Andhra Pradesh proximity), fee constraints, or specific program fit reasons.

This cascade affects SIP outcomes. A cohort with fewer top CAT scorers means fewer students competing for the ₹3.5 LPM roles, but it also means recruiters adjust slot allocations accordingly. You can compare colleges to see how waitlist movement correlates with placement tiers.

Location and Relocation Realities

Visakhapatnam's coastal Andhra Pradesh campus means most summer interns relocate to recruiter HQs in Mumbai, Bangalore, Delhi NCR, Hyderabad, or Pune. Some firms provide relocation allowances (₹10-20K), but many do not.

Factor this into net stipend calculations, especially for two-month internships where relocation overhead is proportionally higher.

Practical Takeaways for Aspirants

If you are evaluating IIM Visakhapatnam, treat ₹69,094 per month as the realistic baseline.

Top performers with aggressive SIP prep (firm research, role-fit strategy, mock interviews) can push into the ₹2-3.5 LPM bracket. Generic preparation typically yields the average outcome. The ₹3.50 LPM highest is real and accessible, not a statistical outlier.

For full placement context and final CTC data, check the IIM Visakhapatnam college page or build your MBA report to model ROI scenarios.

Generic SIP approach lands you in the ₹50-80K average bucket.