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.
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 head | Amount | How it is charged |
|---|---|---|
| Tuition and other fees | INR 3 Lakhs | INR 1.50 Lakhs a year, 2 years |
| Hostel | INR 62,900 | INR 31,450 a year, 2 years |
| Total, no hostel | INR 3 Lakhs | Full course |
| Total with hostel | INR 3.63 Lakhs | Full course |
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.
| Event | Date | Status |
|---|---|---|
| AP ICET registration, last date to apply | 5 Feb 2026 to 23 Mar 2026 | Over |
| Late fee application, last date | 29 Mar 2026 | Over |
| AP ICET exam | 2 May 2026 | Over |
| AP ICET result and rank card | 16 May 2026 | Over |
| Counselling registration and certificate check | 24 Aug 2026 to 5 Sep 2026 | Over |
| Web options (choice filling) | 27 Aug 2026 to 5 Sep 2026 | Over |
| Change of web options | 6 Sep 2026 | Over |
| Phase 1 seat allotment | 9 Sep 2026 | Over |
| Self-reporting and tuition fee payment | Sep 2026 | Tentative |
| Reporting at the college and document check | Sep 2026 | Tentative |
| Final phase counselling and allotment | Oct 2026 | Tentative |
| Classes start | Oct 2026 | Tentative |
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.
| Requirement | What you need |
|---|---|
| Degree | A bachelor's degree of at least three years |
| Marks | 50%, or 45% for reserved categories |
| Exam | A valid AP ICET 2026 rank |
| Final year students | You must pass the degree before admission |
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.
| Step | What you do |
|---|---|
| 1. Write AP ICET | Sit the exam and download your rank card |
| 2. Register for counselling | Pay the processing fee and upload certificates |
| 3. Fill web options | List this self-finance course high if it is your first pick |
| 4. Self-report and pay | Pay the fee online after the allotment |
| 5. Report at the college | Bring original certificates for the document check |
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.
| Year | Closing rank | Exam |
|---|---|---|
| 2025 | 2,787 | AP ICET |
| 2024 | 3,594 | AP ICET |
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.
| Metric | Value |
|---|---|
| Average pay, MBA | INR 6.6 LPA |
| Students placed, whole university | 2,863, NIRF 2025 |
| Bank tie-up | Union Bank of India, formerly Andhra Bank |
| Recruiters | ICICI Bank, HDFC Bank, Axis Bank, Federal Bank |
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.
| Scholarship | Who can get it | Amount or waiver |
|---|---|---|
| AP post-matric scholarship for living cost | SC, ST, BC or EWS, family income up to INR 2.5 Lakhs a year | INR 40,000 over the course |
| Central Sector Scheme renewal | Held it in your degree, family income up to INR 4.5 Lakhs a year | INR 40,000 over the course |
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 body | Year | Rank or grade |
|---|---|---|
| NIRF University | 2025 | #23 |
| NIRF State Public University | 2025 | #4 |
| NAAC | Latest cycle | A++ |
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.
| Item | Detail |
|---|---|
| Hostel fee | INR 31,450 a year |
| Campus | Main campus, Visakhapatnam |
| Department started | 1934 |
| MBA taught since | 1957 |
This course suits students who want a job in a bank or a finance firm and can pay a self-finance fee.
These are the official 2026 dates. Tap 2027 Session for expected dates of the next batch.
Source: APSCHE AP ICET 2026 counselling schedule. Confirm on the official site before you act.
This is the full 2-year cost, not one year. Turn on the toggle to add the hostel fee.
Fees can change. Check the college website before you pay.
Pick the range your rank falls in. The cutoff ranges use this course's AP ICET closing ranks for 2025 and 2024.
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.
Answer two questions to see what you can claim. Confirm the final amount with the college.
Each card below says who qualifies for the scheme.
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.
Fees and pay can change. Check each college site before you decide.
Short answers to what students ask before they apply.
This page is AI assisted and human verified.
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