Which one is better, IIM Vizag vs IIM Amritsar?

No, IIM Amritsar MBA eligibility criteria does not require candidates have work experience prior to applying for admissions but, candidates that have it get an advantage during admission process.

Yes, a processing fees of INR 1,000 is deducted refundable fees by IIM Amritsar for MBA admission cancellation before refunds are credited to a candidate. 

Caution deposit at IIM Amritsar is INR 50,000 for MBA course. This fees for other courses is unknown. If candidates cancel their admission or complete graduation, they are refunded this amount in full.

IIM Amritsar MBA students need to pay between INR 1.2 Lacs to INR 2.7 Lacs in hostel fees during their course duration. This fees is mandatory since all MBA courses are residential full-time courses at IIM Amritsar.

Candidates who have complete master's degree or PG Diploma or its equivalent in any discipline with first-class or BTech/4-year degree with 6.5 CGPA or equivalent are eligible to apply for PhD programme at IIM Amritsar.

Aspirants with any professional qualification such as CA/ ICWA/ CS/CFA- Level-II