Content Curator | Updated on - Mar 27, 2026

The Master of Business Administration [MBA] in Finance at Visakha Institute of Engineering & Technology (VIET), Visakhapatnam is a 2-year full-time on-campus postgraduate programme affiliated to Jawaharlal Nehru Technological University Kakinada (JNTUK) and approved by AICTE. The programme covers core management subjects along with Finance specialisation topics including financial management, investment analysis, corporate finance, banking and financial services, financial derivatives, portfolio management, and international finance. The annual tuition fee is Rs. 35,000 (as regulated by the Government of Andhra Pradesh), making it one of the most affordable MBA Finance programmes in the region. Admission is through the AP ICET (Andhra Pradesh Integrated Common Entrance Test) counselling process, with a sanctioned intake of 30 seats. The MBA (Finance) programme is a popular choice for students aspiring to careers in banking, financial services, investment management, and corporate finance.

Admissions for the 2026-27 academic year are upcoming. The AP ICET 2026 exam is scheduled for May 2, 2026. Registration for AP ICET 2026 opened on February 5, 2026, and closed on March 2, 2026. The admit card is available from April 15, 2026, and results are expected on May 16, 2026. Counselling for MBA admissions at VIET through AP ICET is expected to begin in July 2026. Admissions for 2026-27 are currently open at the college level; interested students can contact VIET directly at 9959617477 or 9959617476.

Key Points

The MBA (Finance) programme at VIET is one of 6 MBA specialisations offered, with a dedicated intake of 30 seats.
The annual tuition fee of Rs. 35,000 is regulated by the Government of Andhra Pradesh, making it highly affordable compared to private MBA Finance programmes.
Admission is through AP ICET, a state-level entrance exam conducted by APSCHE, ensuring a standardised and merit-based selection process.
The programme prepares students for careers in banking, investment banking, financial analysis, and corporate treasury functions.
The counselling code for VIET MBA admissions through AP ICET is VSPT.
The college has placed 1,524 students in the last 2 years across 60+ companies, with top recruiters including TCS, Tech Mahindra, and HCL.

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Highlights
Fees
Admission
Scholarships
Placements
Cutoff
FAQs

VIET Visakhapatnam Latest Updates and News

15 Apr, 2026 AP ICET 2026 exam is scheduled for May 2, 2026, for MBA/ MCA admissions. The Admit card has been released @cets.apsche.ap.gov.in.

VIET MBA (Finance) Fees

The MBA (Finance) programme at VIET is among the most affordable MBA programmes in Andhra Pradesh, with an annual tuition fee of Rs. 35,000 as regulated by the Government of Andhra Pradesh. The total tuition fee for the 2-year programme is Rs. 70,000. Additional charges such as exam fees and other institutional charges may apply per semester.

Fee Structure

Fee Component	Amount (Per Year)	Total (2 Years)
Tuition Fee (Government Regulated)	Rs. 35,000	Rs. 70,000
Exam / Other Fees (approx.)	Rs. 3,000 - 5,000	Rs. 6,000 - 10,000
Total Fees (approx.)	Rs. 38,000 - 40,000	Rs. 76,000 - 80,000

Tuition fee is regulated by the Government of Andhra Pradesh and may be revised from time to time.
Exam fees and other institutional charges are payable separately each semester.
Hostel and transport facilities are available at additional cost; students should contact the college directly for current hostel fee details.
SC/ST and other reserved category students may be eligible for fee reimbursement under AP government scholarship schemes.

VIET MBA (Finance) Admission 2026

Admission to the MBA (Finance) programme at VIET is conducted through the AP ICET (Andhra Pradesh Integrated Common Entrance Test) counselling process, managed by APSCHE. Candidates must qualify in AP ICET and participate in the centralised counselling to secure a seat. The 2026 AP ICET schedule is confirmed as below.

AP ICET 2026 Schedule

Event	Date
AP ICET 2026 Registration Opens	February 5, 2026
AP ICET 2026 Registration Closes	March 2, 2026
AP ICET 2026 Admit Card Available	April 15, 2026
AP ICET 2026 Exam Date	May 2, 2026
AP ICET 2026 Answer Key Release	May 5, 2026
AP ICET 2026 Result Declaration	May 16, 2026
AP ICET Counselling (Tentative)	July 2026 (Tentative)
Batch Commencement (Tentative)	August 2026 (Tentative)

Accepted Entrance Exams

Exam	Relevance	Details
AP ICET (Andhra Pradesh Integrated Common Entrance Test)	Mandatory	State-level entrance exam for MBA/MCA admissions in Andhra Pradesh; conducted by APSCHE

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Candidates must hold a Bachelor's degree (3-year programme) from a recognised university with a minimum of 50% aggregate marks (45% for SC/ST candidates).
Any graduate (from any stream - Arts, Science, Commerce, Engineering) is eligible to apply.
Candidates appearing in the final year of their graduation are also eligible to apply provisionally.

Admission Process

Register and appear for AP ICET 2026 (exam date: May 2, 2026).
Download the rank card after result declaration on May 16, 2026.
Register for AP ICET counselling on the official APSCHE portal during the counselling window.
Fill in web options (college and specialisation preferences) including VIET with counselling code VSPT.
Receive seat allotment and report to VIET with original documents.
Pay the tuition fee and complete the admission formalities at the college.

VIET MBA (Finance) Scholarships 2026

Students admitted to the MBA (Finance) programme at VIET are eligible for various government scholarship schemes offered by the Government of Andhra Pradesh. These scholarships can significantly reduce or eliminate the fee burden for eligible students, particularly those from SC, ST, BC, and EBC categories.

Available Scholarships

Scholarship	Eligibility	Amount / Benefit
AP SC/ST Fee Reimbursement Scheme	SC/ST students with family income below Rs. 2.5 LPA	Full tuition fee reimbursement
AP BC/EBC Fee Reimbursement Scheme	BC/EBC students with family income below Rs. 1 LPA	Full tuition fee reimbursement
AP Jagananna Vidya Deevena Scheme	Students from families with income below Rs. 2.5 LPA	Full fee reimbursement (tuition + other fees)
AP Jagananna Vasathi Deevena Scheme	Students staying in hostels from low-income families	Maintenance allowance for hostel and food
Post-Matric Scholarship (Central Government)	OBC/SC/ST students	Maintenance allowance + tuition fee
Merit Scholarship (College Level)	Based on academic performance	Partial fee waiver (varies)

Students must apply for AP government scholarships through the official AP e-Pass portal (apepass.cgg.gov.in) within the stipulated deadlines each academic year.
The Jagananna Vidya Deevena and Vasathi Deevena schemes are flagship AP government initiatives that cover a wide range of students.
Students should submit all required income and community certificates at the time of admission to facilitate scholarship processing.

VIET MBA (Finance) Placement 2026

Placement Highlights

Metric	Details
Students Placed (Last 2 Years)	1,524
Companies	60+
Top Recruiters	TCS, Tech Mahindra, HCL

VIET MBA (Finance) FAQs

Ques. What topics are covered in the MBA (Finance) programme at VIET?

Ans. The MBA (Finance) programme covers core management subjects such as organisational behaviour, marketing management, and business communication, along with Finance specialisation subjects including financial management, security analysis and portfolio management, corporate finance, banking and financial services, financial derivatives, mergers and acquisitions, and international finance. Students also undertake a summer internship and a final project as part of the curriculum.

Ques. Is AP ICET mandatory for MBA (Finance) admission at VIET?

Ans. AP ICET is the primary route for MBA admission at VIET, as 70% of seats are filled through AP ICET counselling. However, 30% of seats (management quota) can be filled directly by the college. Students who have not appeared for AP ICET can contact VIET directly at 9959617477 for management quota admissions. Appearing for AP ICET is strongly recommended as it gives access to government quota seats at the regulated fee of Rs. 35,000 per year.

Ques. What is the minimum eligibility for MBA (Finance) at VIET?

Ans. Candidates must have a minimum of 50% aggregate marks in their Bachelor's degree (45% for SC/ST candidates) from a recognised university. Any graduate from any stream is eligible. Candidates in the final year of graduation can also apply provisionally.

Ques. What are the career prospects after completing MBA (Finance) from VIET?

Ans. Graduates of the MBA (Finance) programme can pursue careers as financial analysts, investment bankers, credit analysts, treasury managers, equity research analysts, and finance managers in sectors such as banking, insurance, NBFCs, and corporate finance. They can also appear for IBPS, SBI PO, and other banking recruitment exams. The college's placement cell connects students with companies like TCS, Tech Mahindra, HCL, and Collabera Technologies.

Ques. Can a student from a non-Commerce background apply for MBA (Finance) at VIET?

Ans. Yes, any graduate from any stream (Arts, Science, Commerce, or Engineering) is eligible to apply for MBA (Finance) at VIET, provided they meet the minimum eligibility criteria of 50% aggregate marks in their Bachelor's degree. The AP ICET exam and the MBA curriculum are designed to accommodate students from diverse academic backgrounds.

Ques. What is the AP ICET 2026 exam pattern?

Ans. The AP ICET 2026 exam consists of three sections: Analytical Ability (75 marks), Mathematical Ability (75 marks), and Communication Ability (50 marks), totalling 200 marks. The exam is conducted online (computer-based) and the duration is 150 minutes. There is no negative marking. Candidates should focus on quantitative aptitude, logical reasoning, data sufficiency, and English comprehension for preparation.