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Best 10 MBA Colleges in Visakhapatnam 2024 List

The best MBA College in Visakhapatnam is Visakha Institute of Engineering and Technology.

There are 40+ MBA Colleges in Visakhapatnam including private and government institutions. Out of these 30 of the colleges are private and 3 of the colleges are government.

Key Highlights of Best MBA Colleges in Visakhapatnam (List) 2024

Find below the key highlights of the best MBA colleges in Visakhapatnam (list) below:

Particulars Details
No. of Colleges The Total No.of Colleges in Visakhapatnam is 40+
Total MBA/PGDM Fees
Top MBA Specializations Finance, Sales & Marketing, Human Resource, Business Analytics, etc.
Accepted Management Entrance Exams CAT, MAT, XAT, CMAT, MAH CET, etc.

List of Best MBA Colleges in Visakhapatnam

In Visakhapatnam there are hundreds of MBA colleges. Here, we have curated the list of the Best B-schools you can aim for, if you are looking for top MBA colleges in Visakhapatnam.

College Exams Accepted Total Tuition Fees Average Package
Visakha Institute of Engineering and Technology AP ICET, ₹70 K 3.7
Avanthi Institute of Engineering and Technology AP ICET, ₹70 K 3
IIM Visakhapatnam - Indian Institute of Management CAT, ₹16.1 L ₹15.46 LPA
Gayatri Vidya Parishad College for Degree and PG Courses AP ICET, ₹1.2 L ₹4.2 LPA
Andhra University, Visakhapatnam AP ICET, AUCETCBSE 12th, ISC, BIEAP, ₹8.5 L ₹2.75 LPA
GITAM School of Business, Visakhapatnam CAT, CMAT, MAT, XAT, GMAT, NMAT, ATMA, AP ICET, GITAM GAT, ₹9.7 L 4.2
Vignan`s Institute of Information Technology AP ICET, ₹95 K 3.4
GEMS B School, Vizag AP ICET, CBSE 12th, BIEAP, ₹5.2 - 7.3 L
College of Arts and Commerce, Andhra University, Visakhapatnam AP ICET, AUCETAP PGCET ₹39 K - 69 K ₹6.5 LPA
Dr. Lankapalli Bullayya College AP ICET, ₹1.01 L 3.5

Visakha Institute of Engineering and Technology

Visakha Institute of Engineering and Technology was founded in . Visakha Institute of Engineering and Technology is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

Visakha Institute of Engineering and Technology accepts various MBA entrance exams like AP ICET, .

  • Fees: ₹70 K
  • Average Package: 3.7
  • Highest Package:
  • Ownership type: Pvt

Avanthi Institute of Engineering and Technology

Avanthi Institute of Engineering and Technology was founded in . Avanthi Institute of Engineering and Technology is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

Avanthi Institute of Engineering and Technology accepts various MBA entrance exams like AP ICET, .

  • Fees: ₹70 K
  • Average Package: 3
  • Highest Package:
  • Ownership type: Pvt

IIM Visakhapatnam - Indian Institute of Management

IIM Visakhapatnam - Indian Institute of Management was founded in 2015. IIM Visakhapatnam - Indian Institute of Management is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

IIM Visakhapatnam - Indian Institute of Management accepts various MBA entrance exams like CAT, .

  • Fees: ₹16.1 L
  • Average Package: ₹15.46 LPA
  • Highest Package: INR 43.25 LPA
  • Ownership type: Govt

Gayatri Vidya Parishad College for Degree and PG Courses

Gayatri Vidya Parishad College for Degree and PG Courses was founded in 1994. Gayatri Vidya Parishad College for Degree and PG Courses is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

Gayatri Vidya Parishad College for Degree and PG Courses accepts various MBA entrance exams like AP ICET, .

  • Fees: ₹1.2 L
  • Average Package: ₹4.2 LPA
  • Highest Package:
  • Ownership type: Pvt

Andhra University, Visakhapatnam

Andhra University, Visakhapatnam was founded in . Andhra University, Visakhapatnam is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

Andhra University, Visakhapatnam accepts various MBA entrance exams like AP ICET, AUCETCBSE 12th, ISC, BIEAP, .

  • Fees: ₹8.5 L
  • Average Package: ₹2.75 LPA
  • Highest Package:
  • Ownership type: Govt

GITAM School of Business, Visakhapatnam

GITAM School of Business, Visakhapatnam was founded in 1988. GITAM School of Business, Visakhapatnam is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

GITAM School of Business, Visakhapatnam accepts various MBA entrance exams like CAT, CMAT, MAT, XAT, GMAT, NMAT, ATMA, AP ICET, GITAM GAT, .

  • Fees: ₹9.7 L
  • Average Package: 4.2
  • Highest Package: INR 14 LPA
  • Ownership type: Pvt

Vignan`s Institute of Information Technology

Vignan`s Institute of Information Technology was founded in . Vignan`s Institute of Information Technology is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

Vignan`s Institute of Information Technology accepts various MBA entrance exams like AP ICET, .

  • Fees: ₹95 K
  • Average Package: 3.4
  • Highest Package:
  • Ownership type: Pvt

GEMS B School, Vizag

GEMS B School, Vizag was founded in . GEMS B School, Vizag is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

GEMS B School, Vizag accepts various MBA entrance exams like AP ICET, CBSE 12th, BIEAP, .

  • Fees: ₹5.2 - 7.3 L
  • Average Package:
  • Highest Package:
  • Ownership type:

College of Arts and Commerce, Andhra University, Visakhapatnam

College of Arts and Commerce, Andhra University, Visakhapatnam was founded in . College of Arts and Commerce, Andhra University, Visakhapatnam is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

College of Arts and Commerce, Andhra University, Visakhapatnam accepts various MBA entrance exams like AP ICET, AUCETAP PGCET .

  • Fees: ₹39 K - 69 K
  • Average Package: ₹6.5 LPA
  • Highest Package:
  • Ownership type: Govt

Dr. Lankapalli Bullayya College

Dr. Lankapalli Bullayya College was founded in . Dr. Lankapalli Bullayya College is one of the most reputed MBA colleges in Visakhapatnam. It is consistently ranked among the top 10 premier B-schools in the country.

Dr. Lankapalli Bullayya College accepts various MBA entrance exams like AP ICET, .

  • Fees: ₹1.01 L
  • Average Package: 3.5
  • Highest Package:
  • Ownership type: Pvt

The 5 Government MBA colleges in Visakhapatnam are

  • IIM Visakhapatnam - Indian Institute of Management
  • Andhra University, Visakhapatnam
  • College of Arts and Commerce, Andhra University, Visakhapatnam

Let us take you to Government MBA colleges

The list of top private MBA colleges in Visakhapatnam are

  • Visakha Institute of Engineering and Technology
  • Avanthi Institute of Engineering and Technology
  • Gayatri Vidya Parishad College for Degree and PG Courses
  • GITAM School of Business, Visakhapatnam
  • Vignan`s Institute of Information Technology

Let us take you to Private MBA colleges

Featured Best MBA Colleges in Visakhapatnam

  1. Visakha Institute of Engineering and Technology

    Visakha Institute of Engineering and Technology is the best MBA college in India. Visakha Institute of Engineering and Technology was established in . it ranks among top management institutes in India. It is a Pvt college in Visakhapatnam.

  2. Avanthi Institute of Engineering and Technology

    Avanthi Institute of Engineering and Technology in Visakhapatnam, founded in . It is a Pvt MBA College in Visakhapatnam

  3. IIM Visakhapatnam - Indian Institute of Management

    IIM Visakhapatnam - Indian Institute of Management is one of the top MBA Colleges in Visakhapatnam

  4. Gayatri Vidya Parishad College for Degree and PG Courses

    Gayatri Vidya Parishad College for Degree and PG Courses offers 2-year full-time MBA/PGPM programs and is located in Visakhapatnam. Gayatri Vidya Parishad College for Degree and PG Courses has been one of the top B-Schools in India and was founded in . Gayatri Vidya Parishad College for Degree and PG Courses is recognized by UGC and accredited by NAAC with an A+ Grade.

Best MBA Colleges in Visakhapatnam with NIRF Ranking 2024

The top MBA colleges in Visakhapatnam are ranked by the National Institutional Ranking Framework (NIRF) for 2024. Each year, NIRF analyzes institutions based on key parameters such as infrastructure, placements, and faculty, with rankings reflecting annual performance changes.

The below table shows the Visakhapatnam Management institutes along with NIRF ranking of 2024 and 2023:

College Names NIRF 2024 NIRF 2023
Visakha Institute of Engineering and Technology N/A
Avanthi Institute of Engineering and Technology N/A
IIM Visakhapatnam - Indian Institute of Management N/A #29 NIRF
Gayatri Vidya Parishad College for Degree and PG Courses N/A
Andhra University, Visakhapatnam N/A

ROI of the Best MBA Colleges in Visakhapatnam

The Return on Investment (ROI) highlights the benefits which students will get from pursuing an MBA from the best management institutions. ROI is calculated by comparing the total tuition fees with the average packages offered. Visakhapatnam has many colleges which give the best placements.

The below given table to know the best MBA fees in Visakhapatnam and average placement package:

Name of the College Total Tuition Fees Average / Median Package
Visakha Institute of Engineering and Technology ₹70 K 3.7
Avanthi Institute of Engineering and Technology ₹70 K 3
IIM Visakhapatnam - Indian Institute of Management ₹16.1 L ₹15.46 LPA
Gayatri Vidya Parishad College for Degree and PG Courses ₹1.2 L ₹4.2 LPA
Andhra University, Visakhapatnam ₹8.5 L ₹2.75 LPA

Best MBA Colleges in Visakhapatnam Cutoff Details

Students must meet the cut-off criteria of each college in Visakhapatnam. The cut-off for each colleges

Below is the 2024 cutoff of the top MBA colleges in Visakhapatnam:

Comparison of Top 10 MBA Colleges In Visakhapatnam

Top MBA College Name Location of Campus Duration of the Program NIRF Ranking Total MBA Program Fees (INR) Average Salary after MBA (INR)
Visakha Institute of Engineering and Technology Visakhapatnam 2-Year ₹70 K 3.7
Avanthi Institute of Engineering and Technology Visakhapatnam 2-Year ₹70 K 3
IIM Visakhapatnam - Indian Institute of Management Visakhapatnam 2-Year #29 NIRF ₹16.1 L ₹15.46 LPA
Gayatri Vidya Parishad College for Degree and PG Courses Visakhapatnam 2-Year ₹1.2 L ₹4.2 LPA
Andhra University, Visakhapatnam Visakhapatnam 2-Year ₹8.5 L ₹2.75 LPA
GITAM School of Business, Visakhapatnam Visakhapatnam 2-Year ₹9.7 L 4.2
Vignan`s Institute of Information Technology Visakhapatnam 2-Year ₹95 K 3.4
GEMS B School, Vizag Visakhapatnam 2-Year ₹5.2 - 7.3 L
College of Arts and Commerce, Andhra University, Visakhapatnam Visakhapatnam 2-Year ₹39 K - 69 K ₹6.5 LPA
Dr. Lankapalli Bullayya College Visakhapatnam 2-Year ₹1.01 L 3.5

Best MBA Colleges in Visakhapatnam Courses Offered

Find the different MBA programs and their tuition fees offered by the best MBA colleges in Visakhapatnam.

Here is the comprehensive overview of courses and the tuition fees of the top MBA Colleges are given below the table:

Name of the College Total Tuition Fees Courses Offered
Visakha Institute of Engineering and Technology ₹70 K MBA/PGDM
Avanthi Institute of Engineering and Technology ₹70 K MBA/PGDM
IIM Visakhapatnam - Indian Institute of Management ₹16.1 L MBA/PGDM
Gayatri Vidya Parishad College for Degree and PG Courses ₹1.2 L MBA/PGDM
Andhra University, Visakhapatnam ₹8.5 L MBA/PGDM
Read More

40 Management colleges Found in Visakhapatnam

Best Mba Colleges in Visakhapatnam with Low Fees

Top Mba Colleges in Visakhapatnam with Good ROI

Top 10 Mba Colleges in Visakhapatnam through MAH-CET

Top 10 Mba Colleges in Visakhapatnam through CAT

Top 10 Mba Colleges in Visakhapatnam Through NMAT

Top 10 Mba Colleges in Visakhapatnam Through XAT

Top 10 Mba Colleges in Visakhapatnam Through CMAT

Best Private Mba Colleges in Visakhapatnam

Best Government Mba Colleges in Visakhapatnam

Top Mba Colleges in Visakhapatnam with Good Placement

Compare Other Colleges

  • Visakha Institute of Engineering and Technology
    ₹70 K
    VS
    Avanthi Institute of Engineering and Technology
    ₹70 K
  • Visakha Institute of Engineering and Technology
    ₹70 K
    VS
    IIM Visakhapatnam - Indian Institute of Management
    ₹16.1 L
  • Visakha Institute of Engineering and Technology
    ₹70 K
    VS
    Gayatri Vidya Parishad College for Degree and PG Courses
    ₹1.2 L
  • Visakha Institute of Engineering and Technology
    ₹70 K
    VS
    Andhra University, Visakhapatnam
    ₹8.5 L
  • Visakha Institute of Engineering and Technology
    ₹70 K
    VS
    GITAM School of Business, Visakhapatnam
    ₹9.7 L
  • Visakha Institute of Engineering and Technology
    ₹70 K
    VS
    Vignan`s Institute of Information Technology
    ₹95 K

What is the Fee for Top B-Schools in Visakhapatnam?

The management institutes in Visakhapatnam are cost-effective and offer excellent placement opportunities to their students.

Below is a list of top B-Schools in Visakhapatnam along with their fee structure and NIRF ranking for 2023:

B-Schools Total Program fee NIRF Ranking(2023)
Visakha Institute of Engineering and Technology ₹70 K
Avanthi Institute of Engineering and Technology ₹70 K
IIM Visakhapatnam - Indian Institute of Management ₹16.1 L #29 NIRF
Gayatri Vidya Parishad College for Degree and PG Courses ₹1.2 L
Andhra University, Visakhapatnam ₹8.5 L
GITAM School of Business, Visakhapatnam ₹9.7 L
Vignan`s Institute of Information Technology ₹95 K
GEMS B School, Vizag ₹5.2 - 7.3 L

The total tuition fee for the Visakha Institute of Engineering and Technology MBA Program is ₹70 K. among the top 100 MBA/PGDM colleges in India in NIRF.

Avanthi Institute of Engineering and Technology is ranked 2nd in the Management category by NIRF, and its MBA program fee is INR 10.50 L.

The total tuition fee for the MBA/PGDM program of the Institute of Management, IIM Visakhapatnam - Indian Institute of Management is ₹16.1 L.

What Are the Placement Highlights of MBA Colleges in Visakhapatnam?

The top MBA colleges in Visakhapatnam boast impressive placement records.

Visakha Institute of Engineering and Technology had an average package of INR 34.45 LPA and the highest package of INR 1.46 Crore Per Annum.

Which MBA College Offers the Highest Salary Packages in Visakhapatnam?

  • Visakha Institute of Engineering and Technology - N/A
  • Avanthi Institute of Engineering and Technology - N/A
  • IIM Visakhapatnam - Indian Institute of Management - INR 43.25 LPA
  • Gayatri Vidya Parishad College for Degree and PG Courses - N/A
  • Andhra University, Visakhapatnam - N/A
  • GITAM School of Business, Visakhapatnam - INR 14 LPA
  • Vignan`s Institute of Information Technology - N/A

Average Salaries for MBA Graduates in Visakhapatnam

  • Visakha Institute of Engineering and Technology - 3.7
  • Avanthi Institute of Engineering and Technology - 3
  • IIM Visakhapatnam - Indian Institute of Management - ₹15.46 LPA
  • Gayatri Vidya Parishad College for Degree and PG Courses - ₹4.2 LPA
  • Andhra University, Visakhapatnam - ₹2.75 LPA
  • GITAM School of Business, Visakhapatnam - 4.2
  • Vignan`s Institute of Information Technology - 3.4

Which MBA Entrance Exams Are Accepted by Colleges in Visakhapatnam?

MBA Colleges in Visakhapatnam accept various MBA entrance exams for admissions are CAT, XAT, MAT, CMAT, etc.

  • Visakha Institute of Engineering and Technology accepts AP ICET,
  • Avanthi Institute of Engineering and Technology accepts AP ICET,
  • IIM Visakhapatnam - Indian Institute of Management accepts CAT,
  • Gayatri Vidya Parishad College for Degree and PG Courses accepts AP ICET,

What are the Eligibility Criteria for the best MBA Colleges in Visakhapatnam?

To get admission into the Top MBA institutes in Visakhapatnam the candidates must meet the eligibility criteria given below -

  • Bachelor's Degree: The candidates must have a bachelor's degree from a reputable institution with a minimum of 50% Marks.
  • Reservations: Candidates with reservations should have an overall qualifying score of at least 45%.
  • Final-Year Students: The final-year students can also apply for admission but must be able to submit the completion certificate within the mentioned time.
  • Preference for Experienced Candidates: Experienced candidates are given preference throughout the MBA selection process in the top B-Schools in Visakhapatnam.

What Is the Admission Process for Best MBA Colleges in Visakhapatnam?

The MBA admission process starts with the registration of Management entrance exams for MBA Colleges in Visakhapatnam.

  • The first step in the admission process for MBA Colleges in Visakhapatnam is the MBA entrance test registration such as CAT, XAT, CMAT, MAT, and others.
  • The second step is to apply for MBA/PGDM admission to the top institutions in Visakhapatnam.
  • The third step is to review the eligibility requirements of the best management institutes in Visakhapatnam.
  • Finally, after selecting the best universities, review the cutoff list and prepare for GD and PI.
  • The final step will be to pay the fee.

What MBA Specializations Are Offered in Visakhapatnam?

The B-Schools in Visakhapatnam offer a wide range of specializations, helping the students to follow their choices. Data Science, AI, Sales and marketing, finance, human resources, agriculture and food business, entrepreneurship, financial planning and analysis, operations, and other major specializations are MBA programs available in Visakhapatnam.

Here is a list of specializations offered in the Visakhapatnam management colleges.

Management institutes in Visakhapatnam offer the following MBA specializations:

  • MBA in Finance
  • MBA in Sales and Marketing
  • MBA in Human Resources Management
  • MBA in International Business
  • MBA in IT and System
  • MBA in Entrepreneurship
  • MBA in Business Analytics
  • MBA in Operations
  • MBA in Healthcare and Hospital Management
  • MBA in Advertising
  • MBA in Supply Chain Management

These are the 2-year regular MBA programs. Experienced candidates can also opt for executive MBA Programs.
The general MBA is the common MBA program selected by most of the students.
Finance and marketing specialisations help the students to pursue their careers as bankers, finance managers, or marketing managers.

Best MBA Coaching Institutes in Visakhapatnam

The Best Coaching institutes in Visakhapatnam are T.I.M.E., IMS India and Career Launcher.

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Choose the Best College From 10000 + Colleges in India

Check Detailed Fees

Get real Time Updates of Colleges

Register Now To Apply
  • Get 24*7 Assistance from Certified Experts
  • 100% Placement Assistance
We don't spam
India+91
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Your personal information is secure with us

Thank You

Thanks for your interest. We will contact you shortly with one of our consultants to guide you through the process.