Quick fee Overview
This section gives one-line totals so CAT and MBA aspirants see the headline cost at a glance.
Component | Amount (INR) | Period/Notes |
|---|---|---|
Vivekanand Business School - Best Institute for PGDM PGDM tuition | ₹9,50,000 | Total tuition for the two-year PGDM program (reported) |
Hostel (AC) | ₹2,55,000 | Optional; AC room, reported as total (subject to institute policy) |
Hostel (Non-AC) | ₹2,15,000 | Optional; Non-AC room, reported as total (subject to institute policy) |
The table above reproduces figures published by the institute and recent college-fee summaries (latest updates Oct 2026). The tuition total of ₹9,50,000 is the institute's published two-year PGDM fee; hostel totals are the separate optional charges for AC and non-AC accommodation.
update: Tuition and hostel figures above are confirmed in recent institute and aggregator pages updated in Oct 2026; verify final payable figures and any changes on the official admissions page before payment.
Tuition fee: component-wise breakdown
The Vivekanand Business School Mumbai fees for the PGDM/MBA tuition total ₹9,50,000 for the two-year programme (latest published figures; sources below). This amount is described by the institute and major college data aggregators as the tuition component; additional academic charges are shown separately by public listings.
Below is a concise component-wise table drawn from the institute’s published fee notes and recent aggregator records. Each component column shows whether it is included in the four-installment tuition payment schedule.
Component | Amount (INR for 2 years) | Included in instalments |
|---|---|---|
Tuition fee | ₹9,50,000 | Yes |
Hostel fee (AC / Non-AC — separate, optional) | ₹2,55,000 / ₹2,15,000 | No (paid separately) |
One-time payment (caution/security) | ₹10,000 | No (one-time) |
Other academic/administrative fees (exam, activity, misc.) | ₹60,000 | Yes (included in instalments per listings) |
Interpretation: the published total academic tuition figure of ₹9.5 lakh is presented as the tuition component that candidates pay in four instalments; public listings (Shiksha, Collegedunia) show an additional ₹60,000 as "other fees" (exam, activity, practicals) and a ₹10,000 one-time charge (caution/hostel security). Hostel charges are listed separately as optional and therefore not part of the tuition instalments.
The fee components and instalment inclusion are taken from VBS public pages and updated aggregator entries (Shiksha updated 6 Oct 2026, Shiksha overview updated 1 Oct 2026, Collegedunia updated 20 Aug 2026). Verify with the admissions office before payment.
Contact: for the latest breakdown and component definitions consult Vivekanand Business School’s official site (vbs.ves.ac.in) or the admissions email admission.ves@vbs.in provided in institutional listings.
Instalment schedule & payment dates
The Vivekananda Business School Mumbai fees for the two‑year PGDM programme are payable in a four‑instalment schedule; amounts and typical timing below are taken from the institute's published fee page and recent college listings (last updated Oct 2026).
Instalment | Due / Timing | Amount (INR) | Purpose |
|---|---|---|---|
Instalment I | At admission (Semester 1) | ₹2,60,000 | Tuition and academic charges — first year |
Instalment II | November (Semester 2) | ₹2,60,000 | Tuition and academic charges — continuing |
Instalment III | June (Admission to Semester 3) | ₹2,15,000 | Tuition for second year |
Instalment IV | November (Semester 4) | ₹2,15,000 | Final tuition instalment and examination/academic closure |
These four instalments sum to the published total tuition of ₹9.5 lakh for the PGDM programme (VBS fee page via public college listings updated Oct 2026). The instalment months above — June and November for the latter two, and November for Semester 2 — are those explicitly listed on the institute's fee Overview released in 2026.
Practical interpretation: applicants must budget for a larger upfront payment at admission (₹2.6 lakh) and then plan recurring payments in November and mid‑year (June). Hostel fees are separate and payable under separate schedules (see the Hostel fees section).
Payment reminders: confirm the precise due date in your admission offer and on the official VBS fee notice because sanctioning bodies and institute policy can change payment dates between cycles.
deadline: The instalment amounts and months are sourced from VBS fee information updated Oct 2026; always verify final due dates on the official VBS fees/admissions page before payment.
Hostel fees and accommodation options
Vivekananda Business School Mumbai provides separate AC and non‑AC hostel options with mess included; fees and deposits are published for the PGDM programme.
Below is the institute-stated annual fee and deposit table for hostel accommodation.
Room Type | Annual Fee (INR) | Deposit (INR) | Mess Included (Yes/No) |
|---|---|---|---|
AC Room | ₹2,55,000 | ₹10,000 | Yes |
Non‑AC Room | ₹2,15,000 | ₹10,000 | Yes |
The table reproduces VBS figures published on the institute site and verified on education portals (latest updates Oct 2026). The annual hostel fee covers accommodation and mess charges; the ₹10,000 amount is shown as the one‑time caution/hostel security deposit (one‑time refundable on vacating, subject to deductions for damages).
Practical notes: allotment is generally subject to availability and gender‑wise hostels; students should budget the hostel fee in addition to the PGDM tuition of ₹9.5 lakh (two‑year tuition) when planning cost. For AC rooms the campus charges are higher by ₹40,000 annually compared with non‑AC rooms.
Application: hostel admission requires a separate application and fee payment after course seat confirmation; contact the admissions office for the hostel form and deadlines.
Refunds: security deposits are refundable per the institute’s policy on vacating and clearance (check the admissions/hostel office for procedure).
Gender & safety: separate arrangements exist for boys and girls; verify room sharing norms at the time of allotment.
Contact for latest hostel charges: VBS admissions office (see the official site for contact and updates).
One-time and other charges
The institute levies specific one-time and recurring miscellaneous charges in addition to the tuition and hostel fees. The table below lists the charge type, the amounts that are published by the institute or recent aggregators, refundability and short notes.
Charge Type | Amount (INR) | Refundable | Notes |
|---|---|---|---|
One-time payment / Admission/Seat confirmation | ₹10,000 | No | Listed as one-time payment covering caution money and initial hostel security; shown on public fee pages (Shiksha, updated 6 Oct 2026). |
Caution money / Hostel security deposit | ₹10,000 | Yes (subject to policy) | Shiksha and affiliated fee pages show a combined one-time figure; institute usually treats security deposits as refundable after completion subject to deductions. |
Other miscellaneous academic charges (exam, library, student activity) | ₹60,000 | No | Aggregated as 'Other Fees' in published breakdowns (Shiksha, updated 6 Oct 2026); covers exam fees, library and activities across two years. |
The published sources (VBS official site and multiple aggregator pages updated in October 2026) consistently present a separate one-time payment of ₹10,000 and an other fees total of ₹60,000 for the PGDM programme; these components combine with the tuition and hostel charges to form the total programme cost.
Interpretation: the ₹10,000 one-time amount appears in institute fee summaries as caution/seat-confirmation combined; expect it to be non-refundable in general admission practice but refundable portions of hostel security are typically returned after clearance of dues.
Verify: contact admissions for exact refund process—official contact is available on the VBS site and aggregator pages (Shiksha updated 1 Oct 2026 / 6 Oct 2026).
Scholarships and fee concessions
Vivekanand Business School Mumbai offers a set of institute-level scholarships and concessions targeted at merit holders, economically weaker section (EWS) students, female candidates and students with disabilities. These awards are governed and disbursed by the institute’s admissions and scholarship committee; amounts and eligibility criteria shown below are taken from the institute’s published scholarship list (Careers360, updated 2026).
Scholarship Name | Eligibility | Benefit (INR or %) | Application / Decision Body |
|---|---|---|---|
Late Karmayogi Shri. Hasu Advani Merit Scholarship | Top ranks in the admission merit list (1st–5th positions) | Rs. 1,76,250 (1st, 50% of 1st year fees); Rs. 1,05,750 (2nd, 30%); Rs. 70,500 (3rd, 20%); Rs. 35,250 (4th & 5th, 10% each) | Institute scholarship committee (VBS) |
Late Shri. Jhamatmal Wadhwani EWS Scholarship | Family annual income < Rs. 4,00,000 | Rs. 50,000 | Institute scholarship committee (VBS) |
Topper Female Student Scholarship | Female student securing highest marks in PGDM course | Rs. 25,000 | Institute scholarship committee (VBS) |
Topper Scholarship to Physically Challenged Student | Differently-abled student based on PGDM marks | Rs. 25,000 | Institute scholarship committee (VBS) |
DL Shah Trust Merit Scholarship | Students with family annual income < Rs. 4,00,000 | Rs. 50,000 per annum | Institute scholarship committee / Trust |
Minority National Scholarship | Students from recognised minority communities on merit | Rs. 25,000 | Institute scholarship committee |
The table above is sourced from Careers360’s VBS profile (scholarship section, Careers360 B-School ranking 2026 update). Awards are limited and decided by the institute committee; applicants should prepare required income, disability and academic documentation at the time of admission. Merit scholarships are typically applied against the first-year fee; need-based awards may be renewed subject to annual review by the committee.
Payment modes, receipts and late fee rules
Vivekanand Business School Mumbai fees may be paid using the institute's officially accepted payment channels. The institute accepts online payment by net banking, debit/credit cards and UPI through its admissions/payment portal; candidates can also pay by demand draft or challan where allowed by the admissions office. For admission-specific payments the website lists an online application/payment link and an admission contact for clarifications.
The institute issues an official fee receipt for every payment. Students must retain the fee receipt (printed or digital) as proof for fee submission, hostel deposit and refund claims. For admission or scholarship processing, the admissions office requires the original receipt during document verification and seat confirmation.
VBS follows an instalment schedule for tuition; late payment rules and penalties apply if instalments are not paid by the scheduled dates. The publicly available institute pages and recent college-fees summaries note the instalment dates (first instalment at admission, second in November, third in June, fourth in November) but do not publish exact penalty rates on public pages.
Prospective students should assume that a late fee or hold on academic services (registration/library access/placement eligibility) may be enforced until dues are cleared and contact admissions for the specific penalty amount and grace period.
Receipts: Collect an official receipt after every transaction and present it at admissions/hostel office as required.
Online payments: Use the institute payment portal; retain transaction IDs for dispute resolution.
Offline payments: If paying by demand draft or challan, obtain an acknowledgement slip and follow up with admissions by email.
Late payments: Confirm penalty rates, grace periods and academic consequences with the admissions office before accepting an offer.
Contact for payment queries: admissions office at Vivekanand Business School (phone and email listed on the institute contact page). Last verified details on payments and instalment timing were published on the institute and updated college-fees pages in Oct 2026; confirm latest rules directly with VBS before payment.
Refunds, cancellation and seat confirmation
Vivekananda Business School Mumbai fees refund and cancellation rules require payment of the course fee to confirm a seat; the institute’s published pages state fee payment is needed for seat confirmation and that a one-time fee of ₹10,000 is listed among charges (Shiksha, updated 6 Oct 2026). Hostel advance/security is described separately as part of hostel charges (Shiksha, updated 6 Oct 2026).
Below table summarises the documented policies available from the institute listing and third‑party copies. Each row reproduces only material supported by the sources cited.
Scenario | Refund Amount / Policy | Processing Time | Notes |
|---|---|---|---|
Course fee paid to confirm seat | Seat confirmed after payment; course fee required | Not specified on published pages | Shiksha pages state payment required to confirm seat; no exact refund schedule published (updated 6 Oct 2026) |
One-time fees (Caution/Hostel security) | Listed as part of one-time payment ₹10,000 | Not specified | Shiksha lists one-time payment; refund rules for caution/security not published (updated 6 Oct 2026) |
Hostel fees cancellation | Hostel fee amounts stated (AC ₹2.55 L, non‑AC ₹2.15 L) but hostel refund specifics not published | Not specified | Hostel fees and deposits are shown on official and aggregator pages; refund timing/penalties not provided (Shiksha updated 6 Oct 2026) |
General refund rules | Institute adheres to published refund guidelines (UGC guidelines referenced by CollegeDunia for VBS refunds) | Varies per guideline; specific college processing time not published | CollegeDunia notes refunds follow UGC schedule but does not publish VBS timeline (updated 20 Aug 2026) |
Practical interpretation: VBS requires fee payment for seat confirmation and publishes component amounts (one‑time fee ₹10,000; hostel charges shown). The institute has not published a detailed internal refund schedule or exact processing times on its public pages or the recent aggregator pages; CollegeDunia notes refunds are processed as per UGC guidelines (updated 20 Aug 2026).
caution: For cancellation or refund rules and exact timelines for security deposits, contact VBS admissions office directly; published aggregator pages (Shiksha, CollegeDunia) do not show a detailed refund timetable.
Contact / verification: VBS admissions email admission.ves@vbs.in and VBS official site (vbs.ves.ac.in) are the primary contacts for up‑to‑date refund and seat confirmation procedures (VBS official site content undated; Shiksha updates 1–6 Oct 2026).
Hostel application process and rules
The hostel application at Vivekanand Business School Mumbai is separate from course admission and requires a dedicated application, security deposit and fee payment to confirm accommodation. Applications are processed on a first-come, first-served basis and allocation prioritises outstation students; returning students typically renew their accommodation by a prescribed internal date each academic year.
ACTION: Submit the hostel application and pay the refundable security deposit immediately after seat confirmation to secure preferred AC or non-AC rooms.
Required documents include a filled hostel application form, copy of the student identity/offer letter, Aadhaar or passport, recent passport photograph, and a parent/guardian contact and consent form. Students with medical conditions or special needs must submit supporting certificates at the time of application.
Deadlines and fee timing follow the institute's admissions calendar. VBS's public information (Oct 2026 updates) specifies hostel charges as INR 2,55,000 for AC and INR 2,15,000 for non-AC rooms; these figures are payable as separate hostel fees and include mess charges per the institute's disclosures updated in Oct 2026.
Hostel security and caution deposits and one-time fees are listed by the institute as part of 'one-time payment' (Shiksha/Oct 6, 2026 reporting) with a general mention of a ₹10,000 one-time payment; confirm refundable deposit amounts with VBS admissions. Mess billing, if applicable, may be collected termly or annually as per the hostel rules.
Maintenance rules that affect cost decisions include mandatory mess participation (mess fee included in the hostel package indicated by the institute), penalties for property damage, and a security deposit adjusted against exit clearance. Students who vacate mid-year should follow the official exit process to claim any refundable deposit; timing and deductions follow the institute's stated refund policy aligned with UGC/college norms.
For the latest application form, exact deposit/refund procedure and deadline for the 2026 intake, contact the admissions office at Vivekanand Business School contact or email admission.ves@vbs.in.
Affordability note for MBA aspirants in Mumbai
Vivekananda Business School Mumbai fees place the institute within the mid-range cost band for private two-year PGDM/MBA programs in the city: the published total tuition fee of INR 9.5 Lakh for the PGDM (source updated 6 Oct 2026) plus optional hostel charges of INR 2.15 Lakh (non-AC) or INR 2.55 Lakh (AC) (sources updated 6 Oct 2026 and 1 Oct 2026) mean a typical on-campus cost package (tuition + hostel + one-time/other charges listed by the institute) is around INR 14.4 Lakh for two years as reported by recent fee summaries (updated 6 Oct 2026).
For aspirants prioritising affordability, VBS’s instalment plan — four payments across semesters: ₹2.6 Lakh, ₹2.6 Lakh, ₹2.15 Lakh and ₹2.15 Lakh (official instalment schedule reported 6 Oct 2026) — spreads tuition cashflow across the course, reducing upfront burden compared with lump-sum models. Hostel fees are usually charged separately and billed annually or at admission; VBS lists hostel as an optional add-on.
Value judgment should pair fee data with placement outcomes and scholarships. VBS reports a placement average of ₹8.5 LPA (placement report referenced 1 Oct 2026) and details merit- and need-based scholarships (career-site and Careers360 pages updated through Oct 2026). Several named scholarships at VBS offer first-year fee reductions (examples and amounts published on Careers360; last update 2026).
Practical pointers for cost-sensitive applicants:
Use instalments: the four-installment tuition schedule reduces upfront requirement; check exact due dates in your offer letter.
Apply early for scholarships: merit, EWS and category scholarships have limited slots and fixed amounts; eligibility rules are published by VBS.
Budget for ‘other fees’: VBS lists one-time charges and other fees (combined reported ₹60,000 plus a one-time payment of ₹10,000 in 2026 summaries).
Verify final figures: fees and offer-specific concessions are finalised at admission — contact the admissions office for the latest figures.
Also Read: MBA fees in India 2026: Program-wise cost breakdown
Important Points
Verify the headline amounts and deadlines on the institute's official admissions/contact pages before paying: the most recent public fee figures for the VBS PGDM programme show a tuition total of ₹9.5 Lakh and published hostel charges of ₹2.55 Lakh (AC) and ₹2.15 Lakh (non‑AC) (latest updates on VBS pages and Shiksha, Oct 2026).
Confirm the four‑installment schedule and exact due dates with admissions at time of offer: published instalment values are ₹2.6 Lakh, ₹2.6 Lakh, ₹2.15 Lakh and ₹2.15 Lakh (Shiksha, Oct 6, 2026). Payment deadlines may shift year to year.
Hostel availability: AC and non‑AC hostel fees are specified, but room allocation and seats are limited — confirm current vacancies, mess inclusion and security deposit rules directly with the hostel office listed on VBS contact pages.
One‑time charges: a published one‑time payment of ₹10,000 and other recurring/academic charges totalling about ₹60,000 are shown in public fee breakdowns (Shiksha, Oct 2026); verify which components are refundable.
Scholarship deadlines: merit and EWS scholarships exist (VBS scholarship list, Careers360); check the admissions office for application windows and required documents.
Refunds & cancellations: VBS follows standard refund timelines reported publicly; ask admissions for the institute’s current refund table before paying seat confirmation.
Also check modes accepted for fee payment and late‑payment penalties with admissions when you receive the admission offer — institutes commonly accept online transfer and demand drafts but policies can change.
Also Read: Vivekananda College of Engineering and Technology, Department of MBA
UPDATE: Last public fee updates used for these reminders are from Oct 2026 (Shiksha and VBS official pages). Always reconfirm on VBS's official contact page at time of payment.
Important Points
Total tuition The two-year PGDM tuition is ₹9.5 Lakh (total) for domestic students for the 2026 cycle.
Instalments Tuition is payable in four instalments: ₹2.6 Lakh, ₹2.6 Lakh, ₹2.15 Lakh, ₹2.15 Lakh (as published for 2026).
Hostel charges Optional hostel fees are published as ₹2.55 Lakh (AC) and ₹2.15 Lakh (Non-AC) for the full programme (subject to policy).
Total programme cost Combining tuition, hostel (AC) and other charges yields an indicative total of ₹14.4 Lakh as reported in public fee summaries.
Scholarships Merit and need-based scholarships are available, including named merit awards and EWS/disabled/girl student concessions with specific amounts listed by the institute.
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Frequently Asked Questions
What is the total tuition fee for the two-year PGDM at Vivekanand Business School in 2026?
The total tuition fee for the two-year PGDM at Vivekanand Business School for the 2026 cycle is ₹9.5 Lakh.
How much does hostel accommodation cost at VBS and is mess included?
Hostel accommodation options are published as ₹2.55 Lakh for AC and ₹2.15 Lakh for non-AC for the programme; profiles indicate that mess charges are included in the stated hostel fee.
What is the instalment schedule and amounts for paying VBS PGDM tuition?
VBS lists a four-instalment tuition schedule for PGDM: Instalment I – ₹2.6 Lakh (at admission), Instalment II – ₹2.6 Lakh (November, Semester 2), Instalment III – ₹2.15 Lakh (June, Semester 3), and Instalment IV – ₹2.15 Lakh (November, Semester 4).
Does VBS offer scholarships and what are the eligibility criteria?
VBS offers merit and need-based scholarships including merit-topper awards, EWS scholarships, female topper and physically challenged student scholarships. Eligibility is based on admission merit rank or household income thresholds as published by the institute.
What are the one-time refundable deposits and their refund timelines?
Public summaries state a one-time payment component of ₹10,000 covering caution and hostel security deposits; detailed refund timelines are not specified in public pages and should be confirmed with admissions.
What payment modes does VBS accept and are there late fee penalties?
Official pages indicate online payment options via the institute application portal; explicit late fee penalty rules are not listed on public summaries—contact admissions for current payment terms and penalties.
How can I verify the latest VBS fees and contact the admissions office?
Verify fees on the official VBS website (vbs.ves.ac.in) or contact the admissions office at admission.ves@vbs.in and phone 9892707071 (admission query). Fee figures above are last published in 2026 and should be rechecked before payment.
Conclusion
Vivekananda Business School Mumbai fees for the two-year PGDM are publicly reported as a tuition total of ₹9.5 Lakh with an optional hostel charge of ₹2.55 Lakh (AC) or ₹2.15 Lakh (non-AC). Instalment dates and amounts are published and scholarships are available; aspirants should confirm the final payable schedule and any campus-specific charges with the admissions office before paying.
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