IIM Visakhapatnam fees for 2027 range from INR 4.73 Lakhs to INR 14.40 Lakhs for the complete program duration, excluding applicable additional charges. IIM Visakhapatnam offers programs across Management and Doctoral studies, including PGP, Executive PhD, EPGDPM, PGDMEx, and PGPMCI.
- IIM Visakhapatnam PGP fees are INR 23.59 Lakhs for the complete 2-year program.
- Executive PhD fees are INR 14.40 Lakhs + GST for 4 years.
- EPGDPM fees are INR 8.25 Lakhs + GST as the base domestic fee, while PGDMEx fees are INR 4.73 Lakhs.
- PGPMCI fees range from INR 6.71 Lakhs + GST to INR 7.37 Lakhs + GST, depending on the candidate category.
- The fee structure varies by program, and additional charges such as GST, international immersion, lodging, boarding, or application fees may apply.
IIM Visakhapatnam PGP Fees 2027
IIM Visakhapatnam PGP is a 2-year full-time residential management program. The PGP fee for the 2026-28 batch is INR 23.59 Lakhs, excluding the one-time refundable caution deposit and advance charges for mess, AC, printing, and photocopying. The fee is payable across six terms.
| Particular | Details |
|---|---|
| Duration | 2 Years |
| Degree | MBA |
| PGP Tuition Fee 2026 | INR 22.79 Lakhs |
| Student Welfare Fee | INR 80,000 |
| Caution Deposit | INR 40,000 (Refundable) |
| Mess/Other Advance | INR 25,000 per term |
Note: The fee structure mentioned above is based on the previous batch. The IIM Visakhapatnam fees for the 2027 batch have not been announced yet.

Source: @iimv.ac.in
IIM Visakhapatnam EMBA Fees 2027
IIM Visakhapatnam Executive Master of Business Administration (EMBA) is designed for working professionals. The EMBA program fee is INR 11.90 Lakhs for the program.
| Particular | Details |
|---|---|
| Duration | 2 Years |
| Degree | EMBA |
| Program Fee | INR 11.90 Lakhs |
| Work Experience | Minimum 3 Years |
Note: The fee structure mentioned above is based on the previous batch. The IIM Visakhapatnam fees for the 2027 batch have not been announced yet

Source: @iimv.ac.in
IIM Visakhapatnam PGPMCI Fees 2027
IIM Visakhapatnam PGPMCI is structured in two modules, leading to an MBA degree after successful completion of both modules. The total fee varies depending on whether the candidate joins Module 1 as a current student of a participating technical institution or as an eligible alumnus of a CFTI/INI. For current students of participating technical institutions, Module 1 costs INR 2.31 Lakhs + GST, payable in three instalments of INR 77,000 + GST each. For eligible alumni, Module 1 costs INR 2.97 Lakhs + GST, payable in three instalments of INR 99,000 + GST each.
| Fee Component | Current PTI Students | CFTI/INI Alumni |
|---|---|---|
| Module 1 | INR 2.31 Lakhs + GST | INR 2.97 Lakhs + GST |
| Module 2 | INR 4.40 Lakhs + GST | INR 4.40 Lakhs + GST |
| Total MBA Fee | INR 6.71 Lakhs + GST | INR 7.37 Lakhs + GST |
IIM Visakhapatnam Fees for Other Courses 2027
IIM Visakhapatnam fees for other courses are mentioned below. The fee details are based on the previous batch, as the fees for the 2027 batch have not been announced yet and may be revised by the institute.
| Course | Duration | Fees 2026 |
|---|---|---|
| Executive PhD | 4 Years | INR 14.40 Lakhs + GST |
| EPGDPM (Executive Post-Graduate Diploma in Management) | 1 Year | INR 8.25 Lakhs + GST |
| PGDMEx (Post Graduate Diploma in Management for Executives) | 1 Year | INR 4,72,500 |
IIM Visakhapatnam Scholarships 2027
IIM Visakhapatnam provides need-based Financial Aid to deserving students and also encourages students to apply for scholarships offered by the Government of India, State Governments, PSUs, corporate foundations and other external agencies through the National Scholarship Portal (NSP). Check detailed IIMV Scholarship.
IIM Visakhapatnam Financial Aid
The institute's Financial Aid is provided on a merit-cum-means basis and is applicable during the second year of the PGP.
| Criteria | Details |
|---|---|
| Income Limit | Annual family household income up to INR 8 lakh |
| Academic Requirement | Minimum 2.20 CGPA after Term 3 of the first year |
| Deficit Credit Points | Not more than 12 DCPs in the first year |
| 100% Tuition Fee Waiver | At least 2% of the batch |
| 25% Tuition Fee Waiver | At least 6% of the batch |
The Financial Aid Merit Score is calculated using:
| Component | Weightage |
|---|---|
| First-Year CGPA | 30% |
| Final Admission Merit Score | 30% |
| Annual Family Household Income | 40% |
| Total | 100% |
Note: The financial aid covers tuition fees only. It does not cover mess charges, hostel charges, AC charges, printing/photocopying charges, deposits, fines, or other incidental expenses.
IIM Visakhapatnam Courses and Fees FAQs
Ques. Does the IIM Visakhapatnam PGP fee include mess and other charges?
Ans. No, the PGP program fee does not fully cover mess and other usage-based charges. Students have to pay an advance of INR 25,000 with each term fee towards mess, AC, printing, and photocopy charges. These expenses are adjusted against the actual charges, and any additional amount has to be paid by the student. If there is an excess amount, it is adjusted against the next term and refunded at the end of the program.
Ques. Is the caution deposit at IIM Visakhapatnam refundable?
Ans. Yes, the INR 40,000 caution deposit for the PGP is refundable and is paid separately at the beginning of Term 1. It is in addition to the program fee. The Executive PhD program also includes a refundable INR 50,000 caution deposit within its first instalment.
Ques. Does IIM Visakhapatnam provide any financial aid or fee waiver?
Ans. Yes, IIM Visakhapatnam provides need-based financial aid for eligible PGP students. The current policy provides 100% and 25% tuition fee waivers, with at least 2% of the batch receiving the 100% waiver and at least 6% receiving the 25% waiver. The financial aid is applicable only to tuition fees and does not cover mess, hostel, AC, printing, photocopying, deposits, or other incidental expenses.
Ques. Can students get a fee refund if they withdraw from the IIM Visakhapatnam PGP?
Ans. The refund depends on when the student withdraws. Before the stipulated date in the admission offer, the amount paid can be refunded after deducting INR 1,000 as administrative charges. After the offer deadline but before registration, refund is subject to the planned intake and is processed on a first-come, first-served basis in eligible cases. Once Term 1 classes begin, fee refund requests are not considered.
Ques. Does IIM Visakhapatnam change the tuition fee during the course?
Ans. For the PGP, IIM Visakhapatnam has stated in its RTI response that the tuition fee once declared does not change for a particular batch. However, mess charges are based on actual expenses and may therefore be lower or higher than the mess advance paid by students.
Ques. Are there any hidden charges at IIM Visakhapatnam apart from the published fee structure?
Ans. IIM Visakhapatnam has stated that there are no hidden charges that are applied separately after admission beyond the published fee structure. However, certain program-specific or usage-based costs can apply, such as actual mess charges, AC charges, printing and photocopying, deposits, international immersion costs, lodging or boarding charges, depending on the program.
Ques. Is hostel accommodation compulsory for IIM Visakhapatnam PGP students?
Ans. Yes, the PGP at IIM Visakhapatnam is a full-time residential program, and students are required to stay in the hostel. The hostels are located on the Institute's permanent campus. IIM Visakhapatnam does not provide family accommodation for married students, and accommodation is not available for parents.




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