Indian Institute of Management Visakhapatnam

Indian Institute of Management Visakhapatnam (IIMV), established by the Government of India in September 2015, is a premier new-generation IIM. Ranked 26th among business schools across India in the National Institutional Ranking Framework 2024, it leads all new-generation IIMs founded in 2015/2016. IIMV operates from two state-of-the-art campuses in Visakhapatnam – a city campus within Andhra University and a permanent GRIHA-5 Star rated campus spread over 241 acres at Gambheeram Village, approximately 25 km from the city campus.

Visakhapatnam, known as the "City of Destiny," is a scenic coastal city renowned for its cleanliness, heritage, hospitality, culture, and industry. It hosts major industries across various sectors, including IT, pharma, infrastructure, and financial services, and is home to the Eastern Naval Command of the Indian Navy.

IIMV boasts a highly qualified faculty from premier institutions like IIMs and IITs, complemented by visiting industry professionals. Its programs include MBA (PGP), EMBA for Working Professionals, MBA (PGP-Ex), MBA (PGP-DGM), Ph.D., Exec-PhD, and Post-Doctoral Fellowship Programs. It also offers the Mahatma Gandhi National Fellowship Program (MGNF). IIMV aims to achieve global excellence through innovative academic, research, and consulting initiatives, meeting emerging industry and governmental needs.

Scholarships available at Indian Institute of Management Visakhapatnam

Indian Institute of Management Visakhapatnam (IIMV) offers merit-based and need-based financial aid to ensure quality education is accessible to deserving students. A prestigious merit-based scholarship is awarded to the top two academically performing students from each of the four sections in the Post Graduate Programme (PGP). This scholarship includes a tuition fee waiver or reimbursement of up to INR 6 lakh per student for the second year, based on the highest and second-highest CGPA achieved by the end of Term-3 of the first year. Eligibility requires meeting all program requirements outlined in the PGP handbook.

Additionally, IIMV provides need-based financial aid to students with an annual household income below INR 5 lakh. The Financial Aid Committee follows a two-step process, involving application submission and personal interviews conducted by faculty panels to assess financial needs. Factors considered include educational qualifications, work experience, income, loans, savings, assets, and property ownership.

Around 2% of the batch receives a full fee waiver, while 6% receive a 25% fee waiver. Financial aid covers tuition, library access, internet usage, course materials, and career development activities. IIMV's commitment to financial support reflects its dedication to promoting inclusive education and excellence.