Doctoral Program (PhD) – Decision Sciences
Degree
- Total fees
- ₹0
- Duration
- 5 years
- Level
- Doctoral

Visakhapatnam
Updated on
IIM Visakhapatnam fees for the two-year PGP are ₹23,58,590 for Batch 2026-28. This is the latest published fee, and no 2027-29 fee is out yet. A refundable caution deposit of ₹40,000 and a ₹25,000 advance with each term come on top. This page gives the IIM Visakhapatnam fees term by term, the fees of the other courses and the refund rules.
The IIM Visakhapatnam fees for the PGP total ₹23,58,590 across six terms. The IIM Visakhapatnam fees structure is tuition of ₹3,79,765 a term, plus a student welfare fee of ₹40,000 in Term 1 and Term 4. The institute publishes it on its PGP fee page for Batch 2026-28. IIM Visakhapatnam fees 2027 means the next intake. The batch that joined in June 2026 is the latest with a published fee.
₹23,58,590
IIM Visakhapatnam PGP Fee
Batch 2026-28, six terms
₹11,79,295
Fee for Each Year
Year 1 and Year 2 are equal
₹40,000
Caution Deposit
Refundable, paid at the start of Term 1
₹25,000
Advance With Each Term
For mess, AC, printing and photocopying
These IIM Visakhapatnam fees details are what families check first. Read them with the notice below.
No Fee for Batch 2027-29 Yet
The IIM Visakhapatnam total fees on this page are for Batch 2026-28, the latest published. CAT 2026 is on Sunday 29 November 2026. Read iimv.ac.in again after the CAT 2026 result in January 2027, when the next admission process is likely to appear.
The IIM Visakhapatnam fees for 2 years are ₹11,79,295 in year 1 and ₹11,79,295 in year 2, which makes ₹23,58,590 for Batch 2026-28. Add the ₹40,000 deposit, the ₹25,000 advance with each term and your own costs for books and travel.
The IIM Visakhapatnam fees for the SC category are the same ₹23,58,590, because the fee page lists no category concession. SC students can apply for the central Top Class Education scholarship, and the institute's own tuition waiver opens in year 2.
The IIM Visakhapatnam course fee is highest for the PGP at ₹23,58,590, and lowest among the programmes with a fee for the one-year PGDMEx at ₹4,72,500. The table lists IIM Visakhapatnam course fees from the newest fee page of each programme. These IIM Visakhapatnam fees 2027 figures are the latest published, and they are totals for the whole programme. Each one carries its batch.
| IIM Visakhapatnam Course Fees | Fee | Batch |
|---|---|---|
| PGP (MBA), 2 years | ₹23,58,590 | 2026-28 |
| Executive MBA, 2 years | ₹11,90,000 | 2026-28 |
| PGPMCI, current students of partner institutes | ₹6.71 lakh + GST | Intake 2027 |
| PGPMCI, alumni of CFTIs and INIs | ₹7.37 lakh + GST | Intake 2027 |
| EPGDPM, 1 year | ₹8,25,000 + GST | Base fee as published |
| PGDMEx, 1 year | ₹4,72,500 | Batch 2026 |
| Executive PhD, 4 years | ₹14,40,000 + GST | Cycle 2026 |
| PhD, up to 5 years | Nil | Cycle 2026 |
The Executive PhD figure adds the three instalments on its fee page. ₹7,50,000 includes a refundable ₹50,000 deposit, and ₹4,00,000 and ₹2,90,000 follow in years 2 and 3. This sum is an illustration. After four years the scholar pays ₹50,000 a year.
The IIM Visakhapatnam Executive MBA fee is ₹11,90,000 for the 2026-28 batch. You pay it in six instalments. The first is ₹1,80,000 on the offer-letter date. Then come ₹2,10,000 and four of ₹2,00,000. The IIM Visakhapatnam fees structure for the EMBA is one of the simplest here. A three-day Denmark immersion is optional and costs ₹1,50,000 plus GST extra. The IIM Visakhapatnam course fee for executives is lower than the PGP. Compare these IIM Visakhapatnam course fees with the PGP row above. The payment dates are in the fee payment section below.
The IIM Visakhapatnam course fee for PGPMCI is ₹6.71 lakh plus GST for current students of partner institutes. Alumni of IITs, NITs and IIITs pay ₹7.37 lakh plus GST. Module-1 costs ₹2.31 lakh or ₹2.97 lakh. Module-2 costs ₹4.40 lakh for everyone. These IIM Visakhapatnam course fees are lower than the PGP.
The IIM Visakhapatnam course fee for the PGDMEx is ₹4,72,500. The IIM Visakhapatnam fees details on that page also list an application fee of ₹10,000 plus GST, while the admission page says ₹1,000. Ask the PGDMEx office which one applies to your batch.
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The IIM Visakhapatnam fees for the MBA are ₹4,19,765 in Term 1 and Term 4 and ₹3,79,765 in the other four terms. Terms 1 and 4 are higher because they carry the ₹40,000 student welfare fee. The welfare fee covers insurance, convocation, alumni and student activities. These IIM Visakhapatnam fees 2027 figures apply to the batch that joined in June 2026. The table is the full IIM Visakhapatnam fees structure for the MBA.
| IIM Visakhapatnam Fees by Term | Fee | What It Includes |
|---|---|---|
| Term 1 (Year 1) | ₹4,19,765 | Tuition ₹3,79,765 and welfare fee ₹40,000 |
| Terms 2 and 3 | ₹3,79,765 each | Tuition |
| Term 4 (Year 2) | ₹4,19,765 | Tuition ₹3,79,765 and welfare fee ₹40,000 |
| Terms 5 and 6 | ₹3,79,765 each | Tuition |
The Acceptance Fee Is Not Extra
The ₹50,000 you pay on accepting the offer is a part of the Term 1 fee. It does not add to the ₹23,58,590 total.
You pay about ₹4,34,765 after the acceptance fee, as an illustration. These IIM Visakhapatnam fees details come from the fee page. Take the Term 1 fee of ₹4,19,765 and subtract the ₹50,000 you already paid. Add the ₹40,000 refundable deposit and the first ₹25,000 advance. That gives ₹3,69,765 plus ₹65,000. The IIM Visakhapatnam total fees stay at ₹23,58,590, and the IIM Visakhapatnam fees details by term are in the table above.
The IIM Visakhapatnam fees of ₹23,58,590 are about 1.7 times the median CTC of ₹14 LPA for the Batch of 2024-26. That is an illustration from two published numbers. It ignores mess charges and loan interest. The average CTC was ₹15 LPA, so the fee is about 1.6 times the average. The placement page has the full pay picture. Weigh the IIM Visakhapatnam total fees against it. If you borrow, plan the repayment on the median, not on the highest package.
The IIM Visakhapatnam fees details list no separate hostel rent, but every PGP student lives on campus. The programme is full-time and residential, even for students who live in Visakhapatnam. Rooms are single or double occupancy, and the institute allots them by chit on reporting day. Mess, AC, printing and photocopying come from the advance and are charged on actuals. Other IIM Visakhapatnam fees are in the cards below.
🍽️AdvanceMess, AC and Printing Advance₹25,000 with each term fee. The institute adjusts it against actual use and refunds any balance at the end of the programme.🔐RefundableCaution Deposit₹40,000, paid once at the start of Term 1 on top of the fee. It is refundable.🎓IncludedStudent Welfare Fee₹40,000 in Term 1 and again in Term 4. It is inside the ₹23,58,590 total.💻Not ListedBooks, Laptop and TravelThe fee page does not list these. Budget for them yourself and ask the PGP office what the course expects.The PGP is fully residential, so students stay in the hostel. Students from Visakhapatnam also stay on campus, and married students cannot get family accommodation, as per the hostel FAQ. The fee page lists no hostel rent line, so write to pgpoffice@iimv.ac.in to confirm what the ₹25,000 advance covers.
IIM Visakhapatnam fees are paid at the start of each of the six terms. The offer letter carries the payment details and the dates. The acceptance fee of ₹50,000 is the first payment. This IIM Visakhapatnam fees structure repeats every term, so the timeline below is easy to plan around.
On Offer
Acceptance Fee
Pay ₹50,000 by the date in the admission offer letter. It counts toward the Term 1 fee.
At Registration
Term 1 Balance and Deposit
Pay the rest of the Term 1 fee, the ₹40,000 caution deposit and the ₹25,000 advance. For Batch 2026-28 registration was on 22 June 2026.
Start of Each Later Term
Terms 2 to 6
Pay the term fee with a fresh ₹25,000 advance. Terms 2 to 6 follow the same pattern.
Yes. The PGP fee page lists nine banks that give an education loan toward IIM Visakhapatnam fees. They are Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Credila, Punjab National Bank, State Bank of India, UCO Bank and Union Bank of India. The admissions office shares the bank details with the offer letter. The bank decides the loan amount, and the institute does not arrange it.
The first instalment of ₹1,80,000 falls on the date in the offer letter. The next five are ₹2,10,000 on 6 March 2027, then ₹2,00,000 on 6 June 2027, 6 September 2027, 6 December 2027 and 6 March 2028.
Yes. The PGPMCI financing page names SBI and ICICI Bank, with interest rates starting at 8.15% with SBI and 9.95% with ICICI Bank. Repayment can run up to 15 years after the course, and the moratorium covers the course plus 12 months.
IIM Visakhapatnam waives the full tuition for at least 2% of a PGP batch and a quarter of it for at least 6% more. This lowers your IIM Visakhapatnam fees in year 2 for the students who qualify. Aid is merit-cum-means, and you apply in year 2, after you have tried the central schemes in year 1. Family income must not exceed ₹8,00,000. The waiver covers tuition only and not mess, hostel, deposits or the welfare fee.
🏆Year 2100% Tuition WaiverFor at least 2% of the batch, rounded up. Apply in year 2.🤝Year 225% Tuition WaiverFor at least 6% of the batch, rounded up. The same income and CGPA rules apply.🏛️Year 1Central SchemesSC, ST, OBC and PwD students can apply on the National Scholarship Portal in year 1. Some schemes pay the full tuition.Yes, if your family income is within ₹8,00,000 and you pass the first year well. You need a CGPA of at least 2.20 after Term 3 and no more than 12 deficit credit points. The scholarship page of this guide has the merit score and the full list of schemes.
IIM Visakhapatnam fees are refunded, less ₹1,000, if you withdraw by the date in your offer letter. After the programme registration, refunds depend on the batch size, and none are given once Term 1 classes start. These rules come from the refund policy for Batch 2026-28.
₹1,000
Administrative Charge
Deducted from every refund the institute allows
By Offer Date
Refund Window
Less ₹1,000, if you withdraw by the date in the offer letter
No Refund
After Term 1 Classes Begin
Under any circumstances
It depends on how many candidates accepted. If more candidates accepted than the planned intake, refunds go first come, first served, less ₹1,000. If acceptances are equal to or fewer than the intake, the institute entertains no refund request. After registration but before Term 1, a refund also needs more registrants than seats, and the institute deducts the pro-rata programme and mess fees.
The Executive MBA has its own rule, and its IIM Visakhapatnam course fee is covered above. Before programme registration it refunds your fee less ₹1,000, and the application fee is not refunded. From the registration date nothing is refunded or moved to another batch. Refunds take up to 30 days after the signed withdrawal form. The PGP programme FAQ answers a mid-course withdrawal with a plain no.
Answers to what readers ask most often.
The IIM Visakhapatnam total fees for the PGP are ₹23,58,590 for Batch 2026-28. It is ₹11,79,295 a year across six terms. A ₹40,000 caution deposit and a ₹25,000 advance with each term are extra. Data Sources: IIM Visakhapatnam PGP fee page, Batch 2026-28.
No. The latest PGP fee on the website is for Batch 2026-28, and Batch 2027-29 has no fee yet. CAT 2026 is on 29 November 2026, and the institute publishes the next admission process after that. Data Sources: IIM Visakhapatnam admissions pages.
You pay an acceptance fee of ₹50,000, which is part of the Term 1 fee. The offer letter carries the payment details. Data Sources: IIM Visakhapatnam PGP admissions FAQ, Batch 2026-28.
No. The IIM Visakhapatnam fees page shows one fee for all PGP students. SC, ST, OBC and PwD students can lower their cost through central scholarships and the institute's year-2 waiver. Data Sources: IIM Visakhapatnam PGP fee page and financial aid policy.
Visakhapatnam, Andhra Pradesh
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