IIM Visakhapatnam Executive MBA in Decision Sciences

Ranked 26th in Management Category of NIRF Rankings 2024 with a score of 59.20

(818 Reviews)
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About IIM Visakhapatnam Executive MBA in Decision Sciences

The Executive MBA in Decision Sciences is a 2-year program provided by IIM Visakhapatnam. It is a management program that specializes in Decision Sciences that trains students, who come from the background of being working professionals, into management leaders who run business structures and drive growth by augmenting effective output. 

These budding management leaders are meant to be familiarized with the functional areas of management as well as the dynamic knowledge of the business world. By familiarization with the business world, the student figures out the way to navigate & dwell in corporate spheres, start-up ecosystems, markets, etc. 

This program is held online and has a campus immersion. The curriculum is designed in such a way that the students through effective practice learn the skills and gain knowledge, to be used pragmatically for the desired output derived from problem-solving challenges.

The Specialization of Decision Sciences blended with management is provided alongside general management modules for the student to develop expertise in the knowledge & skills that are related to Decision Sciences. The student is taught how to make critical decisions. Before such decisions, the student has to understand the significance of forecasting the consequences and interpreting the nuances of the current situation that influence the final decision.

Going deeper into this specialization, the student learns how to judiciously use the tools and sources to be informed of all the possibilities and their respective consequences, towards the point of making decisions in the respective organization. The big takeaway from this program is that of being exposed to technologies, that derive data in a complex manner while putting out simplified results, such as computer science, data analytics, machine learning, AI, etc. 

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The curriculum is defined by the relevant skills obtained by the student for driving decision-making through data & quantitative methods such as cost-effective analysis (finding a balance between the costs and the outcomes), risk analysis (consideration of risk factors and how to tackle them for effective desired output), psychological interference (the ability to incorporate new information for updation of the existing knowledge required for decision-making), operation research (analytical method of problem-solving & decision-making according to the former), etc. The techniques & tools mentioned earlier along with significant factors empower & enhance the student to make well-informed decisions for better productivity and efficient results.

The fees for the Executive MBA in Decision Sciences, provided by IIM Visakhapatnam, are INR 11.9 Lakhs. 

Online Degree Acceptance

Online degrees earned from a government-approved university, just like a regular degree, are accepted by the top recruiters worldwide including government & private sectors.

Value of Online Degree

An online degree from a government-approved university holds similar recognition in the industry as that of a regular degree. Thus, it is equally valuable when considered for a job or higher education.

Quality of Education

The quality of education offered in online programs is of the same standard as offered in an on-campus program. Be it curriculum, faculty members, evaluation methods, practical sessions, online & on-campus programs follow similar standards of quality.

Specialization Benefits

  • The student of the Executive MBA in Decision Sciences gets to be an expert in the domain of Decision Sciences which is one of the most pivotal fields that drive the decision-making process with paramount importance.
  • The Executive MBA in Decision Sciences program offers an online mode of study & instruction, which is convenient as the student doesn’t have to travel & relocate between places.
  • Management education regulatory bodies such as the Business Graduates Association, Principles for Responsible Management Education (PRME), and AACSB (Association to Advance Collegiate Schools of Business); have accredited IIM Visakhapatnam.
  • The student of the Executive MBA in Decision Sciences gets to avail campus immersion that consists of campus facilities, real classroom experience, offline interaction with teachers, etc.
  • In the NIRF Rankings 2024, in the management category, IIM Visakhapatnam has been ranked 26th.
  • The curriculum of the Executive MBA in Decision Sciences is student-friendly and is designed to be absorbed by the student and along with that, this program is customized to cater to the learning needs of a working professional.
  • The curriculum of the Executive MBA in Decision Sciences is designed on a contextual basis that uses relevant and current contexts to imbibe practical & theoretical learning.
  • Based on real business use cases, the case studies are compiled for instruction to the student.
  • The student becomes a part of an ecosystem where he/she can network with peers, collaborate on innovative ideas, and exchange culture.
  • When the student completes the Executive MBA in Decision Sciences program, he/she gets the IIM Visakhapatnam Alumni Status.
  • IIM Visakhapatnam faculty are one of the most prestigious management educators across the country, who teach the students of the Executive MBA in Decision Sciences.

IIM Visakhapatnam Approved By

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Who Can Apply?

The eligibility criteria for enrolling in the Executive MBA in Decision Sciences provided by IIM Visakhapatnam are given below:

  • The candidate must be a resident of India as well as its Citizen.
  • The candidate who is applying for the program must have a Bachelor’s Degree.
  • The candidate’s minimum aggregate marks in his/her graduation must be 50% or equivalent CGPA (General Category). For NC-OBC/EWS students, the minimum aggregate mark is 45%. For SC/ST/PwD students, the minimum aggregate mark is 40%.
  • The candidate must have a minimum work experience of 3 years after completion of graduation.
  • The candidate must have completed his/her graduation of a minimum of 3 years after high school (10+2).
  • The university/institute from which the candidate graduated must be under one of the following conditions: 
    • Declared to be deemed as a University under Section 3 of the UGC Act, 1956
    • Equivalent qualification recognized by the Ministry of HRD, Government of India.
    • University or educational institution as incorporated by an Act of Parliament or State Legislature in India

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IIM Visakhapatnam Executive MBAFinance and Accounting

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IIM Visakhapatnam Executive MBAStrategy Management

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IIM Visakhapatnam Executive MBACommunication Management

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IIM Visakhapatnam Executive MBAProduction & Operations Management

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Specialization Wise Updated Fees 2025

View Fees Structure

SpecializationFeesDuration
Marketing Management 11,90,000 (Full Fee)2 Years
Economics Management 11,90,000 (Full Fee)2 Years
Decision Sciences 11,90,000 (Full Fee)2 Years
Entrepreneurship 11,90,000 (Full Fee)2 Years
Finance and Accounting 11,90,000 (Full Fee)2 Years
Information Systems 11,90,000 (Full Fee)2 Years
Strategy Management 11,90,000 (Full Fee)2 Years
Communication Management 11,90,000 (Full Fee)2 Years
Organizational Behaviour & HRM 11,90,000 (Full Fee)2 Years
Production & Operations Management 11,90,000 (Full Fee)2 Years

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Sample Certificate from IIM Visakhapatnam

  • Degree comparable to a traditional on-campus degree
  • Internationally Recognized Degree
  • Learn from highly qualified instructors
iim visakhapatnam

IIM Visakhapatnam EMI Details

IIM Visakhapatnam acknowledges students' financial circumstances and provides the option of paying tuition in instalments. This allows students to handle their financial obligations systematically, making education more accessible and affordable. Furthermore, it demonstrates the institute's dedication to assisting students in pursuing management education without undue financial stress, delivering a smooth learning environment.

IIM Visakhapatnam Executive MBA in Decision Sciences Admission Process

The following steps are usually included in the admission process for the Indian Institute of Management Visakhapatnam (IIM Visakhapatnam): 

Step 1 - In the first step, interested applicants should go to the official website of IIM Visakhapatnam. Then, they must fill out the essential information, upload appropriate papers, and submit the application form online.

Step 2 - Candidates must fulfill the qualifying requirements provided by IIM Visakhapatnam for the certificate program offered. This may include minimal educational credentials, job experience, and other program-specific criteria.

Step 3 - The certificate program selection procedure may include screening applications based on eligibility requirements, followed by additional review through written tests, interviews, or other assessment techniques considered appropriate by IIM Visakhapatnam.

Step 4 - If a candidate's application is shortlisted and is offered admission, they must pay the program fees according to the institute's requirements.

Step 5 - After successfully paying fees, IIM Visakhapatnam confirms the candidate's admission to the certificate program.


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IIM Visakhapatnam Executive MBA in Decision Sciences Syllabus / Curriculum

The core and electives courses that outline the syllabus of the Executive MBA in Decision Sciences provided by IIM Visakhapatnam are given in the following table:

Syllabus of IIM Visakhapatnam Executive MBA in Decision Sciences
Year - 1 Year - 2

Term-1

  • Managerial Economics
  • Business Statistics using Spreadsheet
  • Organizational Behaviour
  • Financial Accounting
  • IT Tools for Managers
  • Managerial Communications

Term-2

  • Human Resource Management
  • Optimization Techniques for Business
  • Macro Economics and Policy
  • Marketing Management
  • Operations Management
  • Cost Accounting

Term-3

  • Financial Management
  • Entrepreneurship and Business Growth
  • Management of Information Systems
  • Business Analytics
  • Marketing and Business Research

Term-4

  • Project Management
  • 5 Electives

Term-5

  • Business Ethics & Law
  • 5 Electives

Term-6

  • Capstone
  • 5 Electives

Specialization Courses: Decision Sciences

  • Applications of AI and ML in Business
  • Benchmarking Techniques
  • Advanced Analytics
  • Text Mining and Social Media Analytics
  • Game Theory and Mechanism Design
  • Management Science
  • Data Science for Business Decisions
  • Risk and Reliability Analytics
  • Business Data Mining and Decision Model

IIM Visakhapatnam Executive MBA in Decision Sciences Examination Pattern

IIM Visakhapatnam's curriculum is meant to be broad and rigorous, encompassing all facets of management. It combines core courses, electives, case studies, simulations, and experiential learning experiences. The curriculum is changed regularly to reflect industry developments and expectations. 

The examination format at IIM Visakhapatnam is often a mix of mid-term and end-of-term tests, quizzes, assignments, and class participation. The assessment is based on continuously evaluating a student's performance throughout the term. The emphasis is on critical thinking, problem-solving, and concept application. The curriculum and examination pattern are intended to promote students' growth.

Job Roles after Executive MBA in Decision Sciences

In the jobs market, there is a steady and heavy demand for competent management professionals who want to take up challenging positions in organizations that are on the lookout for filling pivotal job roles. Students of this program aim to use their newly acquired skills & knowledge to contribute towards improving the organization's goals that drive growth. Students are empowered as their skills are being sought-after and that creates a livelihood for them.

In a specialization like Decision Sciences, the current market within the current share for management professionals consists of a steady demand for students who could be management professionals leveraging the tools and techniques to stand out in the market more than the other domains. Some of the job roles taken up by the students of this program are given below:

Job Roles

Average Salary (INR)

Business Analyst

9 LPA

IT Manager

13 LPA

Operations Manager

10 LPA

Decision Support Manager

12.3 LPA

Decision Analytics Manager

36 LPA

IIM Visakhapatnam Placement Partners

IIM Visakhapatnam Placements 2023 have ended with a 100% placement rate. The average package at IIM Visakhapatnam climbed by 10.29% to INR 16.61 LPA, with the highest package being INR 32.65 LPA. Dual offers were extended to 17% of 193 students. 

The placement partners might change yearly, including multinational corporations (MNCs) and domestic businesses. Some of the well-known firms that have been known to recruit from IIM Visakhapatnam in the past and may continue to do so in the future, depending on the current placement season, are: 

Our students work at

  • 50%

    Average Salary Hike

  • 300+

    Hiring Partners

  • 3X

    Increase in Interview Opportunities

  • ICICI Bank

    ICICI Bank

  • Accenture

    Accenture

  • Amazon

    Amazon

  • Deloitte

    Deloitte

  • HDFC Bank

    HDFC Bank

  • KPMG

    KPMG

  • L&T

    L&T

  • PWC

    PWC

  • Reliance

    Reliance

  • TCS

    TCS

  • Wipro

    Wipro

  • Hindustan Unilever Limited

    Hindustan Unilever Limited

Frequently Asked Questions?

The mode of delivery for the IIM Visakhapatnam Executive MBA in Decision Sciences is a hybrid mode that consists of offline modules held as a part of campus immersion. Along with that, the online aspect is the set of online classes held through the assistance of a technology platform.

The duration of the IIM Visakhapatnam Executive MBA in Decision Sciences program is 2 years.

The fee for the IIM Visakhapatnam Executive MBA in Decision Sciences is INR 11.9 Lakhs.

The job roles taken up by the students of the IIM Visakhapatnam Executive MBA in Decision Sciences program are Business Analyst, IT Manager, Operations Manager, Decision Support Manager, Decision Analytics Manager, etc.

The courses that are taken under the specialization of Decision Sciences of the IIM Visakhapatnam Executive MBA in Decision Sciences program are Applications of AI and ML in Business, Benchmarking Techniques, Advanced Analytics, Text Mining & Social Media Analytics, Game Theory & Mechanism Design, and Management Science.

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IIM Visakhapatnam Reviews

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4.0 out of 5

(818)
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Sakshi

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Reviewed in India on August 16, 2023

The rigorous curriculum, case-based learning, and diverse peer group at IIM Visakhapatnam have significantly improved my business acumen. It is a place that promotes growth and quality.

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Manav Kumar

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Reviewed in India on August 16, 2023

The campus infrastructure and resources at IIM Visakhapatnam are commendable. The emphasis on holistic development through numerous organizations and activities is genuinely outstanding.

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Megha Gupta

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Reviewed in India on August 16, 2023

IIM Visakhapatnam provides a stimulating academic environment. The knowledge of the teachers and participatory teaching techniques give a solid basis for real-world difficulties.

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vishnu singh

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Reviewed in India on April 28, 2023

The university prepares you to be ready for business challenges through its latest and creative course curriculum.

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Madhavi

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Reviewed in India on April 28, 2023

Learn the global aspects of management here at IIM Vishakhapatnam.

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Summary

IIM Visakhapatnam

4.0

Student Reviews

4.0 out of 5

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