Andhra University Visakhapatnam MBA Banking And Finance: Fees 2026, Course Duration, Dates, Eligibility

Visakhapatnam, Andhra PradeshState UniversityEstd 1926NAAC Grade A++ 3.7
Total fees
INR 3 Lakhs
2 years, no hostel
Average pay
INR 6.6 LPA
MBA, latest batch
Cutoff
2,787
AP ICET closing rank, 2025
Students placed
2,863
all courses, NIRF 2025

About Andhra University MBA Banking and Finance

Andhra University teaches a two-year, full-time MBA in Banking and Finance at its Department of Commerce and Management Studies in Visakhapatnam. The department began in 1934 and started this self-finance course in 2013. The university holds NAAC A++ and stands #23 among universities in NIRF 2025. The full fee without hostel is INR 3 Lakhs, and INR 3.63 Lakhs with hostel. You get a seat through AP ICET and the online counselling held by APSCHE (the state higher education council). The course closed at rank 2,787 in 2025. The MBA batch averaged INR 6.6 LPA. ICICI Bank, HDFC Bank, Axis Bank and Federal Bank recruit from the department.

Andhra University MBA Banking and Finance Fees

The total fees with hostel is INR 3.63 Lakhs while the fees without hostel is INR 3 Lakhs. The tuition and other fees come to INR 1.50 Lakhs a year. You pay the fee once a year, two times in all. This is a self-finance seat, so the university sets a higher fee than on a regular seat. The hostel fee is extra and you pay it only if you take a room.

Fee headAmountHow it is charged
Tuition and other feesINR 3 LakhsINR 1.50 Lakhs a year, 2 years
HostelINR 62,900INR 31,450 a year, 2 years
Total, no hostelINR 3 LakhsFull course
Total with hostelINR 3.63 LakhsFull course

Andhra University MBA Banking and Finance Admission Dates

Phase 1 seat allotment came out on 9 Sep 2026. Self-reporting, the fee and reporting at the college come next in Sep 2026. The final phase and the start of classes are expected in Oct 2026. Keep your allotment order and fee receipt ready.

EventDateStatus
AP ICET registration, last date to apply5 Feb 2026 to 23 Mar 2026Over
Late fee application, last date29 Mar 2026Over
AP ICET exam2 May 2026Over
AP ICET result and rank card16 May 2026Over
Counselling registration and certificate check24 Aug 2026 to 5 Sep 2026Over
Web options (choice filling)27 Aug 2026 to 5 Sep 2026Over
Change of web options6 Sep 2026Over
Phase 1 seat allotment9 Sep 2026Over
Self-reporting and tuition fee paymentSep 2026Tentative
Reporting at the college and document checkSep 2026Tentative
Final phase counselling and allotmentOct 2026Tentative
Classes startOct 2026Tentative

Andhra University MBA Banking and Finance Eligibility

You need a bachelor's degree of at least three years with 50% marks, or 45% if you are from a reserved category. You also need a valid AP ICET 2026 rank. If your marks fall short, you cannot take the seat. Check your final marksheet before counselling.

RequirementWhat you need
DegreeA bachelor's degree of at least three years
Marks50%, or 45% for reserved categories
ExamA valid AP ICET 2026 rank
Final year studentsYou must pass the degree before admission

Andhra University MBA Banking and Finance Admission Process

You write AP ICET, then register for APSCHE counselling, fill web options and take the seat APSCHE allots. You then self-report online, pay the fee and report at the college. If you miss the reporting date, you lose the seat.

StepWhat you do
1. Write AP ICETSit the exam and download your rank card
2. Register for counsellingPay the processing fee and upload certificates
3. Fill web optionsList this self-finance course high if it is your first pick
4. Self-report and payPay the fee online after the allotment
5. Report at the collegeBring original certificates for the document check

Andhra University MBA Banking and Finance Cutoff

The course closed at rank 2,787 in 2025 and at rank 3,594 in 2024. These are AP ICET closing ranks for this course. The closing rank went lower, so it got tougher. The category-wise ranks are not on this page, so aim below 2,787 to be safe.

YearClosing rankExam
20252,787AP ICET
20243,594AP ICET

Andhra University MBA Banking and Finance Placements

The MBA batch averaged INR 6.6 LPA in the latest placement data. The university placed 2,863 students across all its courses as per NIRF 2025. It does not publish pay for Banking and Finance alone. Banks recruit from the department on campus.

MetricValue
Average pay, MBAINR 6.6 LPA
Students placed, whole university2,863, NIRF 2025
Bank tie-upUnion Bank of India, formerly Andhra Bank
RecruitersICICI Bank, HDFC Bank, Axis Bank, Federal Bank

Andhra University MBA Banking and Finance Scholarships

Two schemes can each give you INR 40,000 over the course. The state post-matric scholarship pays INR 20,000 a year if your family earns up to INR 2.5 Lakhs. The Central Sector Scheme pays INR 20,000 a year only if you already held it in your degree. You need an income paper for both.

ScholarshipWho can get itAmount or waiver
AP post-matric scholarship for living costSC, ST, BC or EWS, family income up to INR 2.5 Lakhs a yearINR 40,000 over the course
Central Sector Scheme renewalHeld it in your degree, family income up to INR 4.5 Lakhs a yearINR 40,000 over the course

Andhra University MBA Banking and Finance Ranking

The university is #23 among universities and #4 among state public universities in NIRF 2025. NAAC gave it an A++ grade. NIRF ranks on teaching, research, placements and how others see the college.

Ranking bodyYearRank or grade
NIRF University2025#23
NIRF State Public University2025#4
NAACLatest cycleA++

Andhra University MBA Banking and Finance Hostel and Campus

The hostel fee is INR 31,450 a year, so two years cost INR 62,900. The department sits on the main campus in Visakhapatnam and has taught the MBA since 1957. You apply for a room after you report at the college.

ItemDetail
Hostel feeINR 31,450 a year
CampusMain campus, Visakhapatnam
Department started1934
MBA taught since1957

Should you pick MBA Banking and Finance at Andhra University?

This course suits students who want a job in a bank or a finance firm and can pay a self-finance fee.

Pick it if:
You want a job in a bank: the department has a tie-up with Union Bank of India, formerly Andhra Bank, and ICICI, HDFC, Axis and Federal Bank recruit here.
You want an old business school name on your degree: the department began in 1934 and has taught the MBA since 1957, so banks in the state know it.
You want the fee back fast: at the average MBA pay the full course fee comes back inside the first working year, as the ROI tile shows.
You live in Visakhapatnam or nearby: you can stay at home and skip the hostel fee, which keeps the cost at the fee without hostel.
Skip it if:
You are counting on last year's closing rank: it went from 3,594 in 2024 to 2,787 in 2025, so it got tougher and last year's number is not safe.
You want a low fee: this is a self-finance seat, so it costs much more than a regular MBA seat at the same university.
You want pay figures for this exact course: the university does not publish pay for Banking and Finance alone, so the average covers the whole MBA.
You will wait for the final phase to decide: a phase 1 seat that is not reported on time is lost, and the final phase fills only empty seats.
Counsellor's advice
If phase 1 gives you this seat and a bank or finance job is your goal, self-report and pay on time. If your rank is worse than 3,594, keep a safer college above it in your web options.
MBA Banking and Finance Eligibility▾
Degree: A bachelor's degree of at least three years from a recognised university.
Marks: 50% in the degree. 45% if you are from a reserved category.
Exam needed: A valid AP ICET 2026 rank. There is no other entry route to this seat.
Final year students: You can write AP ICET, but you must pass the degree before admission.
MBA Banking and Finance Admission Process▾
Write AP ICET: Andhra University holds the exam once a year, in May.
Register for counselling: APSCHE (the state higher education council) holds it online. Pay the processing fee and upload your certificates.
Fill web options: List this self-finance course high if it is your first pick.
Self-report and pay: Pay the fee online after the allotment, or you lose the seat.
Report at the college: Bring original certificates to the department for the document check.

MBA Banking and Finance Admission Dates 2026

▾

These are the official 2026 dates. Tap 2027 Session for expected dates of the next batch.

The 2027 calendar is not out yet. These dates are estimates based on 2026.
Over
5 Feb 2026 to 23 Mar 2026
AP ICET registration, last date to apply
The last date to apply without a late fee was 23 Mar 2026.
Over
29 Mar 2026
Late fee application, last date
Forms with the INR 2,000 late fee closed on 29 Mar 2026.
Over
2 May 2026
AP ICET exam
The exam was held in two shifts on 2 May 2026.
Over
16 May 2026
AP ICET result and rank card
Your rank card is the paper counselling reads.
Over
24 Aug 2026 to 5 Sep 2026
Counselling registration and certificate check
Registration and the online certificate check closed on 5 Sep 2026.
Over
27 Aug 2026 to 5 Sep 2026
Web options (choice filling)
Choices locked when the window shut on 5 Sep 2026.
Over
6 Sep 2026
Change of web options
The one day to edit choices was 6 Sep 2026.
Over
9 Sep 2026
Phase 1 seat allotment
The allotment order came online on 9 Sep 2026.
Tentative
Sep 2026
Self-reporting and tuition fee payment
You lose the seat if you do not self-report and pay by the last date in Sep 2026.
Tentative
Sep 2026
Reporting at the college and document check
Bring original certificates to the department in Sep 2026.
Tentative
Oct 2026
Final phase counselling and allotment
Expected in Oct 2026 for seats still empty after phase 1.
Tentative
Oct 2026
Classes start
Expected in Oct 2026, after the final phase.
Tentative
Mar 2027
AP ICET registration, last date to apply
Expected to open in Feb 2027; the last date is usually in Mar.
Tentative
May 2027
AP ICET exam
Expected in the same month as this year.
Tentative
May 2027
AP ICET result and rank card
Expected about two weeks after the exam.
Tentative
Aug 2027
Counselling registration and certificate check
Expected once APSCHE releases the counselling notice.
Tentative
Sep 2027
Web options and phase 1 seat allotment
Expected to stay open for about a week.
Tentative
Sep 2027
Self-reporting and tuition fee payment
Expected within days of the allotment.
Tentative
Sep 2027
Reporting at the college and document check
Expected soon after self-reporting.
Tentative
Oct 2027
Classes start
Expected after the final phase.

Source: APSCHE AP ICET 2026 counselling schedule. Confirm on the official site before you act.

Andhra University MBA Banking and Finance Fees 2026

▾

This is the full 2-year cost, not one year. Turn on the toggle to add the hostel fee.

Tuition and other fees
Per year × 2, INR 1.50 Lakhs a year
INR 3 Lakhs
Add hostel
Hostel
Per year × 2, INR 31,450 a year
INR 62,900
Total course fee
INR 3 Lakhs
2 years · tuition and other fees, hostel not added
Total course fee
INR 3.63 Lakhs
2 years · tuition and other fees + hostel
Education loan EMI
INR 5,058
7 yr · 10.5% per year
ROI
220%
average MBA pay INR 6.6 LPA vs the full fee
Education loan EMI
INR 6,119
7 yr · 10.5% per year
ROI
182%
average MBA pay INR 6.6 LPA vs the full fee

Fees can change. Check the college website before you pay.

Will your AP ICET rank get you MBA Banking and Finance at Andhra University?

Pick the range your rank falls in. The cutoff ranges use this course's AP ICET closing ranks for 2025 and 2024.

Your AP ICET rank
Yes, you are in range.
Your rank is at or better than the 2025 closing rank of 2,787. Put this course high in your web options and report on time.
Almost there.
Your rank sits between the 2025 close of 2,787 and the 2024 close of 3,594. Keep this course in your options and wait for the final phase.
Not likely this year.
Your rank is worse than both closing ranks. Keep this course low in your options and add safer choices above it.
EDITOR'S NOTE

The 2,787 figure is the last rank that got this course in 2025, not a close for each category. Your category may close at a different rank, so keep a backup in your web options.

Andhra University MBA Banking and Finance Scholarship Calculator

Answer two questions to see what you can claim. Confirm the final amount with the college.

Category
Annual family income
Scholarships you missedYou do not qualify on your answers. Tap to see why.▾

Each card below says who qualifies for the scheme.

AP post-matric scholarship for living cost
INR 40,000
Government of Andhra Pradesh, Jnanabhumi portal
INR 20,000 a year for your living cost. You need 75% attendance.
Who qualifies: SC, ST, BC or EWS, family income up to INR 2.5 Lakhs a yearApply on Jnanabhumi after you join
Not eligible on your answers
Central Sector Scheme renewal
INR 40,000
Ministry of Education, through NSP
INR 20,000 a year at PG level, only for students who got it in their degree.
Who qualifies: held it in your degree, family income up to INR 4.5 Lakhs a yearRenew on NSP every year
Not eligible on your answers
No scheme matches these answers. Ask the college about paying in parts and about education loans.
Estimated total waiver
INR 40,000
Your net course fee: INR 2.60 Lakhs
Estimated total waiver
INR 0
Your net course fee: INR 3 Lakhs
Estimated total waiver
INR 80,000
Your net course fee: INR 2.20 Lakhs

Andhra University MBA Banking and Finance vs similar colleges

Tap a college to see it next to Andhra University. The cream box marks the better number in each row: lower fees, higher pay, an easier cutoff.

Compare with
This page
Andhra University
Visakhapatnam
Compared with
Sri Venkateswara University
Tirupati
Compared with
Acharya Nagarjuna University
Guntur
Compared with
Adikavi Nannaya University
Rajamahendravaram
Compared with
JNTU Kakinada
Kakinada
Total fees2 years, no hostel
INR 3 Lakhs
self-finance seat
INR 51,505
INR 2.48 Lakhs less
Not published
INR 65,200
INR 2.35 Lakhs less
Not published
Average payMBA, latest batch
INR 6.6 LPA
MBA
Not published
Not published
Not published
INR 5 LPA
INR 1.6 LPA less, 2022 batch
Closing rankAP ICET, last rank
2,787
2025
Not published
Not published
5,956
3,169 places easier
1,300
1,487 places tougher, 2024
NIRF rankstate public universities
#4
2025
#47
43 places lower
#24
20 places lower
Not published
Not published
ROIaverage pay vs the full fee
220%
on INR 6.6 LPA
Not published
Not published
Not published
Not published
In short
Sri Venkateswara University charges much less for its MBA, but it has no Banking and Finance pay figure to compare. If a bank job is your goal and your rank reaches Andhra University, take this seat; if cost matters most, list Sri Venkateswara University next.
In short
Acharya Nagarjuna University ranks lower among state public universities and does not publish a comparable fee or closing rank. If Andhra University allots you this seat, take it; keep Acharya Nagarjuna University below it in your web options.
In short
Adikavi Nannaya University costs much less and its closing rank is easier. If your rank is worse than the Andhra University close, list Adikavi Nannaya University right below it as your safer seat.
In short
JNTU Kakinada closed at a tougher rank in 2024 and its last published MBA pay is lower. If your rank clears only Andhra University, take this seat; if it clears both, weigh the bank tie-up here against the JNTU Kakinada name.

Fees and pay can change. Check each college site before you decide.

FAQs on Andhra University MBA Banking and Finance

Short answers to what students ask before they apply.

How do I get admission to this MBA?▾
Write AP ICET and register for the APSCHE counselling. Fill this self-finance course in your web options. If you get the seat, self-report online, pay the fee and report at the college.
What is the full fee for the course?▾
The full 2-year fee is INR 3 Lakhs without hostel. With the hostel it comes to INR 3.63 Lakhs. Both totals sit in the fee block above.
What AP ICET rank do I need?▾
The course closed at rank 2,787 in 2025 and 3,594 in 2024. Use the rank checker above to see where your rank falls.
Is there a hostel, and what does it cost?▾
Yes. The hostel fee is INR 31,450 a year, so two years cost INR 62,900. You apply for a room after you report at the college.
Can I get a scholarship for this course?▾
The state post-matric scholarship gives INR 20,000 a year if you are SC, ST, BC or EWS and your family earns up to INR 2.5 Lakhs. The calculator above shows what fits your answers.
When do classes start for the 2026 batch?▾
Classes are expected in Oct 2026, after the final phase of counselling. The date is not official yet, so check the APSCHE notice before you plan.

This page is AI assisted and human verified.

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