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Top MBA colleges in visakhapatnam

Visakhapatnam has over 50 MBA colleges, offering a variety of specialisations and career opportunities. Out of these, 40 are private institutions, 4 are government-run, and 1 operates as a public-private partnership. Admissions are primarily based on entrance exams like CAT, MAT, XAT, and APICET, though some colleges also offer direct admissions.

Some of the well-known MBA colleges in Visakhapatnam include IIM Visakhapatnam, GITAM School of Business, Andhra University, Dr. Lankapalli Bullayya College, and Gayatri Vidya Parishad College.

By the end of this blog, you will know

  • ‍A list of top private and government MBA colleges in Visakhapatnam.
  • Information on accepted entrance exams such as CAT, MAT, XAT, and APICET.
  • Key insights into tuition fees, placements, and top recruiters at leading MBA colleges in Visakhapatnam.

Top MBA Colleges in Visakhapatnam: Key Highlights

Visakhapatnam, also known as Vizag, is a hub for quality management education, offering a wide range of MBA programs tailored to various career goals. Below is a comprehensive overview of the highlights of MBA colleges in Visakhapatnam.

Parameter

Details

Total Number of MBA Colleges

50+

Fee Structure

  • Less than ₹1 lakh: 30 colleges
  • ₹1–2 lakh range: 3 colleges
  • ₹2–3 lakh range: 4 colleges
  • ₹3–5 lakh range: 8 colleges
  • Above ₹5 lakh: 4 colleges

Specialisations Offered

Finance, Human Resources, Sales & Marketing, Operations, IT & Systems, and others.

Entrance Exams Accepted

APICET, CAT, XAT, MAT, CMAT, NMAT, etc.

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Top 10 MBA Colleges in Visakhapatnam

Visakhapatnam features a diverse mix of MBA institutions, ranging from elite B-schools like IIM to affordable private colleges. These colleges differ in terms of accepted entrance exams, fee structures, and the variety of programs offered. Below is an overview of the top MBA colleges in the city, highlighting key details like entrance exams and approximate tuition costs.

Institution Name

Entrance Exams Accepted

Estimated MBA Fee

Indian Institute of Management (IIM), Visakhapatnam

CAT

₹18,25,250

GITAM School of Business

CAT, XAT, MAT, GMAT, CMAT, GAT

₹9,70,000

GEMS Business School, Vizag

GEMS Online Admission Test

₹4,90,000 – ₹7,30,000

Vignan Institute of Information Technology

AP ICET

₹89,400

Andhra University, Visakhapatnam

APICET, AUSIB

₹3,00,000

Sun International Institute of Tourism & Management

APICET

₹3,10,000

Integral Institute of Advanced Management (IIAM)

MAT, CAT, XAT, CMAT, GMAT, ATMA, any state-level CET

₹3,00,000

Ambedkar Institute of Management Studies (AIMS)

CAT, MAT, ATMA, TS ICET

₹1,50,000

Srinivasa Institute of Management Studies (SIMS)

AP ICET

₹70,000

Risali Institute of Management

AP ICET

₹2,80,000

Confused about which MBA program suits you best? Explore this guide on the 8 types of MBA programs to learn about leading colleges and tuition fees.

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Best MBA Colleges in Vizag with NIRF Rankings 

The NIRF set up by the Ministry of Education, evaluates and ranks higher education institutions across India each year. The rankings are based on key parameters such as teaching standards, research output, and student success, offering students a dependable reference point for informed decision-making.

The table below highlights the performance of top MBA colleges in Visakhapatnam over the past three years:

College Name

NIRF 2022

NIRF 2023

NIRF 2024

IIM Visakhapatnam

33

29

26

Private Best MBA Colleges in Visakhapatnam with Tuition Fees

Private MBA colleges in Visakhapatnam are known for their modern infrastructure, industry-oriented curriculum, and excellent placement opportunities. Below is an overview of some of the leading private MBA colleges in Visakhapatnam, along with their total tuition fees.

Private Colleges

Total Tuition Fee

No. of Seats

Dr. Lankapalli Bullayya College

INR 1 lakh

96

Vignan's Institute of Information Technology

INR 95,000

96

GITAM School of Business

INR 10 lakh

240

VIT Visakhapatnam

INR 63,000

60

Sun International Institute of Tourism and Management 

INR 3 lakh

100

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Government Top MBA Colleges in Visakhapatnam with Fee Structure

Visakhapatnam hosts several government institutions offering MBA programs. From budget-friendly options like Andhra University's College of Arts and Commerce to prestigious institutes like IIM Visakhapatnam, students can choose based on affordability and capacity. Here’s a quick glance at the tuition fees and seat intake across key public MBA colleges in the city.

College Name

Total Fee

Number of Seats

Andhra University

INR 9 lakhs

290

IIM Visakhapatnam

INR 16 lakhs

340

IMU Vizag Indian Maritime University

INR 4 lakhs

40

College of Arts and Commerce, Andhra University

INR 39,000 - 69,000

290

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Online MBA Options for Students in Visakhapatnam

With limited seats in traditional MBA programs and increasing competition, many aspiring students in Visakhapatnam are exploring online MBA programs as a viable alternative. Accredited by UGC-DEB, these programs cater to working professionals and students who may not secure seats in on-campus programs. Below is a list of some of the top online universities in India offering accredited online MBA programs:

Name of the Institution

City/Campus Location

Type of Management Program Available

CODE, Hindustan University

Located in Chennai

Offers an MBA (Master of Business Administration)

Amity University – Online Division

Based in Noida (Main Hub)

Provides a Master of Business Administration (MBA)

Great Lakes Institute of Management

Situated in Chennai

Runs a PGDM (Post Graduate Diploma in Management)

Bharathidasan University

Campus in Tiruchirappalli

Offers a full-time MBA course

SRM University's Management College

Located in Chennai

Offers MBA under regular management stream

Institute of Management Technology (IMT Online)

Ghaziabad Campus

Delivers PGDM through distance learning

Chandigarh University – Online Platform

Based in Chandigarh

Provides an MBA degree via online mode

Lovely Professional University (Online Mode)

Phagwara Campus

Offers an online MBA program

Check out this comprehensive guide on MBA entrance exams in India for 2024-25. Discover key dates, application fees, and eligibility criteria.

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Top MBA Colleges in Visakhapatnam Offering Strong ROI Based on Fees and Placements

When choosing an MBA program, understanding the Return on Investment (ROI) is crucial. ROI evaluates the relationship between tuition fees and the average placement package offered by the institution, helping students assess the financial viability of their decision. Below is an overview of MBA colleges in Visakhapatnam, detailing their fees and average salary packages.

College Name

Total Tuition Fee

Annual Average Package

IIM Visakhapatnam MBA

INR 16 lakh

INR 15 LPA

Andhra University MBA

INR 9 lakh

INR 3 LPA

Vignan’s Institute of Engineering for Women MBA

INR 70,000

INR 3 LPA

Sanketika Vidya Parishad Engineering College MBA

INR 70,000

INR 2 LPA

Avanthi Institute of Engineering and Technology

INR 27,000

INR 3.5 LPA

Pydah College of Engineering and Technology

INR 33,000

INR 2.4 LPA

GITAM School of Business, Visakhapatnam

INR 9,70,000

INR 9,80,000 P.A. (Highest CTC)

Sun International Institute of Tourism and Management, Visakhapatnam

INR 3,10,000

INR 6,50,000 P.A.

Integral Institute of Advanced Management (IIAM), Visakhapatnam

INR 3,00,000

INR 4,20,000 P.A. (Approximate)

Ambedkar Institute of Management Studies (AIMS), Visakhapatnam

INR 1,50,000

INR 3,72,000 P.A. (Approximate)

Risali Institute of Management, Visakhapatnam

INR 2,80,000

INR 3,00,000 P.A. (Approximate)

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Highest Salary Packages at MBA Colleges in Visakhapatnam

Leading companies actively recruit from MBA colleges in Visakhapatnam, offering competitive salary packages. The table below showcases the top recruiters and the average packages offered at these institutions.

College Name

Annual Average Package

Top Recruiters

IIM Visakhapatnam

INR 15 LPA

Accenture, Infosys, KPMG, Airtel, GMR, etc.

Andhra University

INR 3 LPA

ITC, Amazon, Google, Deloitte, TCS, etc.

Top Recruiters for MBA Graduates in Visakhapatnam

The MBA colleges in Visakhapatnam collaborate with prominent national and international organisations to provide extensive career opportunities for graduates. These partnerships span industries such as IT, banking, consulting, and retail. Below is the detailed list of top recruiters for each college.

College/Institute

Recruitment Highlights

IIM Visakhapatnam

Known for attracting top corporates across sectors such as consulting, banking, tech, and FMCG. Recruiters include names like Bain & Company, Deloitte, HDFC Bank, Amazon, ICICI Bank, Infosys, and KPMG, among others.

GITAM School of Business

Regular hiring partners include consulting firms, consumer goods companies, and banks such as EY, Accenture, ITC Ltd., Reliance, ICICI Bank, Nestle, and Axis Bank.

GEMS Business School

Students often receive offers from companies spanning finance, tech, and ecommerce—including JP Morgan & Chase, American Express, Capgemini, Cisco, Amazon, Flipkart, and Airtel.

Vignan Institute of Information Technology

Tech giants and service firms like Amazon, PayPal, Infosys, Wipro, Accenture, and Deloitte frequently participate in their placement drives.

Andhra University

Top Indian IT and engineering firms such as TCS, Wipro, Infosys, L&T, HCL, and Mahindra are among the consistent recruiters.

Sun International Institute of Tourism & Management

Strong ties with firms in tech, edtech, retail, and hospitality sectors. Companies include Amazon, Capgemini, Infosys, Nike, Byju’s, ITC, and Nestle.

IIAM Visakhapatnam

Graduates find roles across consulting, aviation, tech, and FMCG sectors, with offers from Deloitte, IndiGo, Capgemini, Coca-Cola, Google, and the Aditya Birla Group.

Ambedkar Institute of Management Studies

Recruiters range from tech firms to financial services, including Tech Mahindra, Asian Paints, Dell, HAL, ICICI Bank, and Cognizant.

SIMS Visakhapatnam

Students have been placed in diverse sectors, including banking, IT, and financial services, with companies like Wipro, Bank of America, Genpact, ITC Ltd., and Kotak Securities.

Risali Institute of Management

Focused on aviation and logistics, the institute connects with employers like GMR Airport, Globe Ground, Bird Academy, and major airlines including Indigo and GoAir.

Top MBA Colleges in Visakhapatnam with Low Fees

For students seeking budget-friendly MBA programs, Visakhapatnam offers several options with tuition fees under INR 1 lakh. These colleges provide quality education at an economical cost, making them an ideal choice for many aspirants.

Low-Cost MBA Colleges

Tuition Fee

Vignan’s Institute of Information Technology

INR 95,000

College of Arts and Commerce, Andhra University

INR 39,000 – INR 69,000

Avanthi Institute of Engineering and Technology

INR 70,000

Pydah College of Engineering and Technology

INR 54,000

Vizag Institute of Technology (VIT Visakhapatnam)

INR 63,000

Cut-off Scores for Top MBA Colleges in Visakhapatnam

Most MBA colleges in Visakhapatnam release cut-off lists for various entrance exams to shortlist candidates for admission. These cut-off scores vary depending on the institution and the entrance exam. Only a few colleges offer direct admission without requiring a cut-off. Below is a table showcasing the cut-off scores for leading MBA colleges in Visakhapatnam based on the latest data.

College Name

Entrance Exam

Cut-off Score

IIM Visakhapatnam

CAT

92

GITAM Visakhapatnam

MAT

60

GITAM School of International Business

NMAT

140

GMAT

500

MAT

80

CAT

50

GITAM Institute of Management, Visakhapatnam

CAT

65-70

Top MBA Colleges in Visakhapatnam Accepting ICET

The AP ICET is conducted annually for admissions to MBA and MCA programs. Below are the colleges accepting ICET scores, along with their fees:

College Name

Entrance Exam

Tuition Fee (Approx.)

Pydah College of Engineering & Technology

ICET

INR 54,000

Chaitanya Engineering College

ICET

INR 70,000

Baba Institute of Technology & Sciences

ICET

INR 60,000

Samata College

ICET

INR 50,000

Srinivasa Institute of Management Studies

ICET

INR 70,000

Top MBA Colleges in Visakhapatnam Accepting CAT

The CAT is accepted by many top-tier colleges. Below is a list of colleges accepting CAT scores:

College Name

Entrance Exam

Tuition Fee (Approx.)

GITAM Institute of Management

CAT

INR 9,70,000

AQJ Centre for PG Studies

CAT

INR 1,50,000

Ambedkar Institute of Management Studies

CAT

INR 1,50,000

Srinivasa Institute of Management Studies

CAT

INR 70,000

Integral Institute of Advanced Management

CAT

INR 3,00,000

Top MBA Colleges in Visakhapatnam Accepting MAT

The MAT is conducted by AIMA multiple times a year. Many colleges in Visakhapatnam accept MAT scores for MBA admissions.

College Name

Entrance Exam

Tuition Fee (Approx.)

GITAM Institute of Management

MAT

INR 9,70,000

Integral Institute of Advanced Management

MAT

INR 3,00,000

Sun International Institute of Tourism & Management

MAT

INR 3,10,000

Srinivasa Institute of Management Studies

MAT

INR 70,000

Specialisations Available at MBA Colleges in Visakhapatnam

Specialisations Available at MBA Colleges in Visakhapatnam

MBA colleges in Visakhapatnam provide a variety of specialisations to support the diverse career ambitions of students. From traditional fields like Human Resources and Marketing to niche areas like IT & Systems and Healthcare, there is something for every aspiring professional. The table below highlights the top specialisations offered and the number of colleges providing these programs.

Specialisations

Number of Colleges

Finance

13

IT & Systems

5

Sales & Marketing

14

Human Resource

19

Healthcare & Hospital

6

Eligibility and Admission Criteria for MBA Colleges in Visakhapatnam

To secure admission into leading MBA colleges in Visakhapatnam, candidates must meet specific eligibility criteria and clear accepted entrance exams. These exams evaluate candidates' aptitude, decision-making skills, and subject knowledge, making them a vital part of the admission process.

  • Educational Qualification

Candidates must have a bachelor’s degree or equivalent from a recognised university.

  • Minimum Aggregate Marks

A minimum of 50% aggregate marks is required for general-category students.

  • Entrance Exam Requirements

Valid scores in exams like AP ICET, CAT, MAT, XAT, or others accepted by the institute.

  • Additional Requirements (if any)

Institutes may have specific criteria, such as work experience or sectional cut-offs.

Important MBA Entrance Exams for Visakhapatnam

The admission process for MBA programs in Visakhapatnam involves clearing state and national-level entrance exams. These exams are conducted annually, following specific timelines. Below is the exam schedule to help candidates plan their application process efficiently.

Entrance Exams

Exam Date

Number of Colleges

API CET

May '25

49

CAT

November 30, 2025

5

CMAT

January 25, 2025

3

     

MAT

Third Week of February

5

     

XAT

January 5, 2025

4

Choosing the right MBA college is a critical step toward building a successful career in management. Visakhapatnam offers a diverse range of institutions catering to different budgets, specialisations, and career aspirations. 

Whether you're planning to pursue a full-time on-campus MBA or considering the flexibility of online programs, the city offers strong prospects for both academic and career advancement.

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Frequently Asked Questions

What documents are required during the MBA admission process?

Commonly required documents include academic transcripts, entrance exam scorecards, identity proof, passport-sized photographs, and, if applicable, work experience certificates. Specific requirements may vary by institution.

Are there any entrance exam coaching centers in Visakhapatnam?

Yes, Visakhapatnam has several coaching centers that prepare students for MBA entrance exams like CAT, MAT, and AP ICET. Researching and choosing a reputable center can be beneficial.

How can I apply for MBA programs in Visakhapatnam?

Applications are generally submitted online through the respective college websites. The process typically involves filling out an application form, submitting required documents, and paying an application fee.

Is work experience mandatory for admission into MBA programs in Visakhapatnam?

While work experience is not mandatory for most full-time MBA programs, it can be beneficial. However, executive MBA programs usually require applicants to have relevant work experience.

What are the class schedules like for MBA programs?

Full-time MBA programs typically have daytime classes on weekdays. Executive or part-time programs may offer evening or weekend classes to accommodate working professionals.

Do MBA programs in Visakhapatnam include international exposure opportunities?

Some institutions offer international immersion programs, exchange programs, or study tours as part of their curriculum. It's best to inquire directly with the college regarding such opportunities.

What is the average placement package offered to MBA graduates in Visakhapatnam?

Placement packages vary by institution and specialisation. For instance, IIM Visakhapatnam reports an average package of around INR 15,06,000 per annum. Other institutions may have different figures.

Do MBA programs in Visakhapatnam include international exposure opportunities?

Some colleges offer scholarships based on merit, financial need, or specific criteria. It's advisable to check with individual institutions for scholarship opportunities and application procedures.

What is the admission process for MBA programs in Visakhapatnam?

The admission process generally involves qualifying in an entrance exam, followed by group discussions and personal interviews. Some institutions may have additional selection criteria.

Do colleges in Visakhapatnam offer executive MBA programs for working professionals?

Yes, institutions like IIM Visakhapatnam offer Executive MBA programs designed for working professionals, often with flexible schedules to accommodate work commitments.