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IIM Visakhapatnam Scholarships 2025: Eligibility, Amount, and Application Process

Public/Government University|Estd. 2015

• Updated on Jun 12, 2025, by Sakshi Garg

The Indian Institute of Management Visakhapatnam (IIM Visakhapatnam), often referred to as IIM Vizag, has recently announced a new merit-based scholarship for PGP students. The top two performers in the PGP batch's second year can receive up to INR 6.0 lakh per student. The initiative aims to alleviate any financial constraints that may hinder students' intensive learning process. Below is a comprehensive guide to the scholarships offered, eligibility criteria, required documents, and the application process at IIM Visakhapatnam.

 

Table of Contents
  1. IIM Visakhapatnam Scholarships Offered
  2. IIM Visakhapatnam Scholarship Types
  3. IIM Visakhapatnam Scholarship Eligibility and Procedure
  4. IIM Visakhapatnam Required Documents
  5. IIM Visakhapatnam Application Process

 

IIM Visakhapatnam Scholarships Offered

IIM Visakhapatnam offers a range of scholarships to students. Below is a table summarising the financial aid statistics in recent years:

In addition to these, IIM Visakhapatnam also provides external scholarships. The table below exhibits the summary of external scholarships awarded to IIM Visakhapatnam students:

 

IIM Visakhapatnam Scholarship Types

The scholarships provided by IIM Visakhapatnam are listed below:

 

IIM Visakhapatnam Scholarship Eligibility and Procedure

Eligibility for a scholarship at IIM Visakhapatnam requires PGP students to have an annual household income less than INR 5,00,000. The Financial Aid Committee determines the number of awardees and the amount of financial aid. This is a two-step process, including scoring students based on educational qualifications, work experience, annual gross household income, household savings, real estate assets, and other assets. Following this, students are called for an interview with a faculty panel to assess the need for financial aid. The overall weighted average of these scores will determine the scholarship amount.

 

IIM Visakhapatnam Required Documents

When applying for financial aid, certain key documents are necessary. Here is a list of those:

 

IIM Visakhapatnam Application Process

The application process for scholarships at IIM Visakhapatnam involves the following steps: