visakhapatnam the final placement season of the indian institute of managementvisakhapatnam iimvizag has been completed with 100 percent placements for the seventh consecutive year the institute of national importance broke its previous records to achieve the highest ever average package for students with work experience at rs172 lakhs per annum lpa and for the overall batch at rs 155 lpa the highest salary package stood at rs 32 lpathe top 10 of students received an average package of rs 227 lpa while the top 25 got an average package of rs 20 lpa the top 50 have been offered an average package of rs 18 lpaheld on a rolling basis the placement season witnessed around 100 companies participating in the process and making multiple offers including consulting strategy finance product management analytics brand management marketing human resources information technology etcspeaking to toi iim vizag director prof m chandrasekhar said that the credit goes to their students who have put in fantastic performance and helped iimvizag surpass the high record of the previous year they only proved the perceptions wrong about the extra challenges they might face on account of their being a relatively fresh cohort in this process they demonstrated that the academic grounding they received in the institute and the valuable experience they gained during their summer internships are more than a match our faculty also deserve rich praise as well said prof chandrasekharchairperson career development services and alumni relations iimvizag prof deepika gupta said with the global recession being predicted we were slightly concerned about the outcome of the placement season this year in addition the 202123 batch was unique in terms of it being dominated by freshers however the batch outperformed our expectations and provided results of 100 placements i thank my career development services team students placement committee and all the students for a challenging task made simple and successfully accomplished said prof guptathere has been an increase in the number of recruiters willing to partner with the institute this is an indication of the rapid strides that the institute has made notwithstanding the challenges posed by the headwinds and aftereffects entailed by the covid19 pandemic kudos to our cds and placecom teams who facilitate and catalyse impressive and trendsetting placement outcomes always added iimv director prof m chandrasekharprof deepika gupta added that this placement season was conducted entirely from their permanent campus in gambheeram a new experience not only for the students but also for the institute our resilient and responsive systems people and processes made us quickly utilise the infrastructure gainfully and feel at home she addediimvizag placements packages for the 2023 batch average package for students with work experience rs172 lakh per annum average package for the overall batch rs155 lpa highest package rs32 lpa average package for the top 10 of students rs 227 lpa average package for the top 25 of the students rs 20 lpa average package for the top 50 of the students rs18 lpa it and consulting