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IIM Vishakhapatnam MBA Fees 2026
Indian Institute of Management Visakhapatnam (IIMV) is among the most promising new generation IIMs of India that is attracting MBA candidates with its robust academic structure, highly qualified faculty, and placement opportunities that are still growing. In fact, one of the key points to know before applying is the fee structure, so that one can plan the management education accordingly. The MBA fees of IIM Visakhapatnam for the year 2026 comprise the cost of tuition, hostel charges, mess expenses, caution deposits, and other academic costs, which lie at the core of one's overall financial investment. Read till the end to know all the important details like fee structure, tuition fee, hostel fee, and others.
IIM Vishakhapatnam Fee Structure
Indian Institute of Management Visakhapatnam's main PGP (MBA) fee schedule is spread across six terms in two academic years. Students will have to pay the tuition fee term-wise and will have to give a one-time refundable caution deposit of ₹40,000 at the beginning of Term 1. Moreover, ₹35,000 is taken in advance every term from students for hostel, mess, AC charges, printing, and other expenses, which is later adjusted against the actual expenses. As a result, the total academic fee for the PGP 2026-28 batch will be around ₹23.58 lakhs (excluding personal expenses and subject to applicable adjustments).
Component | Instalment 1 (Term 1) | Instalment 2 (Term 2) | Instalment 3 (Term 3) | Instalment 4 (Term 4) | Instalment 5 (Term 5) | Instalment 6 (Term 6) |
Tuition Fee | ₹3,79,765 | ₹3,79,765 | ₹3,79,765 | ₹3,79,765 | ₹3,79,765 | ₹3,79,765 |
Student Welfare Fee | ₹40,000 | - | - | ₹40,000 | - | - |
Total per Instalment | ₹4,19,765 | ₹3,79,765 | ₹3,79,765 | ₹4,19,765 | ₹3,79,765 | ₹3,79,765 |
IIM Vishakhapatnam Executive MBA Fees
The Indian Institute of Management Visakhapatnam provides an Executive MBA (EMBA) program designed for working professionals who don't want to interrupt their careers for studies. The aggregate program fee for the 2026-28 batch is ₹11.90 lakhs, which will be divided into six installments over two years for payment. Apart from this, students have the scope to look into education loan options and financial assistance in line with their eligibility criteria.
Installment | Amount |
1st Installment | ₹1,80,000 |
2nd Installment | ₹2,10,000 |
3rd Installment | ₹2,00,000 |
4th Installment | ₹2,00,000 |
5th Installment | ₹2,00,000 |
6th Instalment | ₹2,00,000 |
Total Programme Fee | ₹11,90,000 |
Read More: IIM Visakhapatnam Result 2026, Merit List, Waitlist Movement
IIM Vishakhapatnam Tuition Fees
The tuition fee for the flagship MBA (PGP) at Indian Institute of Management Visakhapatnam is divided into six terms over two academic years. According to the official fee structure, the tuition fee is ₹3,79,765 per term, which adds up to ₹11,79,295 per year and ₹23,58,590 for the two years full-time program. Besides tuition, students have to pay a Student Welfare Fee of ₹40,000 per year, a refundable caution deposit and hostel/mess advances. The total academic fee, including welfare charges, amounts to ₹23,58,590 for two years. Financial assistance and scholarships are also provided to deserving students on a need-based basis besides educational loan facilities.
Component | 1st Year | 2nd Year | Total |
Tuition Fee | ₹11,79,295 | ₹11,79,295 | ₹23,58,590 |
IIM Vishakhapatnam Hostel Fees
Hostel fee of the flagship PGP (MBA) program of Indian Institute of Management Visakhapatnam is charged separately from the academic tuition fee. Following the official fee structure, students need to pay an advance amount of ₹ 25,000 per term towards mess charges, AC charges, printing & photocopying expenses that is later on adjusted against the actual usage. As the MBA program is spread over six terms, this works out to an estimated ₹ 1,50,000 for two years as hostel and related living expenses, excluding the refundable caution deposit. The institute also states that financial aid does not cover expenses like mess fees, AC charges, and other such charges which the student has to bear separately.
Component | Per Term | Total for 2 Years (6 Terms) |
Hostel / Mess Advance | ₹25,000 | ₹1,50,000 |
AC Charges | Included in advance | Included |
Printing & Photocopying | Included in advance | Included |
Other Miscellaneous Charges | Adjusted as per actuals | Variable |
Read More: IIM Visakhapatnam Selection Criteria 2026, Cut Off, Weightage
IIM Vishakhapatnam MBA Total Fees
For the Indian Institute of Management Visakhapatnam flagship PGP (MBA), the total MBA fee is split into six terms over a period of two years. Besides tuition costs and Student Welfare Fee which is levied during certain terms, the full academic fee for the entire two-year course is ₹23,58,590. Besides that, students have to pay a one-time refundable caution deposit of ₹40,000 and extra advances for hostel, mess, and other facilities. Scholarships and financial assistance are offered to deserving candidates.
Fee Component | 1st Year | 2nd Year |
Tuition Fee | ₹11,39,295 | ₹11,39,295 |
Student Welfare Fee | ₹40,000 | ₹40,000 |
Total Academic Fee | ₹11,79,295 | ₹11,79,295 |
IIM Vishakhapatnam MBA Fees for International Students
The Indian Institute of Management Visakhapatnam (IIM V) charges the MBA fees for international students according to the PGP fee structure applicable to domestic students in most of the cases. The entire academic fee for the two-year program is ₹23,58,590, besides a refundable caution deposit of ₹40,000, and separate hostel and mess advances. Besides these, international students are advised to account for other expenses such as visa, travel, insurance, and personal living costs.
Fee Component | Amount |
Total Tuition Fee (2 Years) | ₹22,78,590 |
Student Welfare Fee | ₹80,000 |
Total Academic Fee | ₹23,58,590 |
Refundable Caution Deposit (One-time) | ₹40,000 |
Hostel/Mess Advance (₹35,000 × 6 Terms) | ₹2,10,000 |
Estimated Total Payable | ₹26.08 Lakhs approx. |
IIM Vishakhapatnam Scholarship 2026
Scholarships at Indian Institute of Management Visakhapatnam come mostly from need-based financial aid and government-backed schemes for students pursuing an MBA who qualify. The institute extends financial aid mainly to students coming from economically weaker sections, particularly those whose family income is low. Also, students from reserved categories or those different state or central government scholarship schemes based on eligibility can apply for the same. However, costs like mess charges, AC charges, and other personal expenses are not included in the financial aid and students have to pay these separately.
Scholarship Type | Eligibility |
Need-Based Financial Aid | Students with low annual family income and financial need |
Government Scholarships | SC/ST/OBC/EWS and other eligible category students under state/central schemes |
Merit-cum-Means Support | Based on academic performance and financial background |
Education Loan Support | Assistance through bank loan options for fee payment |
Note: Around 2% of the batch will receive 100% and around 6% of the batch will receive 25% of the financial aid as a program fee* waiver.
IIM Vishakhapatnam MBA Fees 2026: Conclusion
IIM Visakhapatnam offers a structured MBA program with transparent fee details for 2026. The tuition is divided into six terms across two years, ensuring manageable payments. Hostel, mess, and other academic expenses are separate, with a one-time caution deposit. Scholarships and financial aid are available to support students from economically weaker sections, reserved categories, and deserving merit candidates.
Planning finances in advance is crucial for aspirants. Understanding term-wise fees, scholarship options, and additional living expenses helps students make informed decisions. With this clarity, prospective MBA students can focus on academics, placements, and career growth while efficiently managing their total investment at IIM Visakhapatnam.
