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The Institute of Chartered Financial Analysts of India (ICFAI) University is a top-ranking business school in India that offers a 2-year online MBA program. The program is specifically designed for working professionals and students who wish to build a career in business management. With a strong focus on imparting practical knowledge and understanding, the online MBA allows students to study at their own pace through a variety of e-learning materials, including video lectures, e-books, and case studies.
Established in 2004, ICFAI University is a well-respected institution with a strong commitment to providing quality education. The university is a member of both the Association of Commonwealth Universities (ACU) and the Association of Indian Universities (AIU). Its campus in Agartala is spread over 32 acres with state-of-the-art facilities, including academic blocks, labs, and a Wi-Fi-enabled environment to support student learning.
High Accreditation: ICFAI is accredited with a NAAC A++ Grade and is a member of prestigious bodies like the Association of Commonwealth Universities (ACU) and the Association of Indian Universities (AIU).
Top-Ranked: The university is highly regarded, with its MBA program ranked at #40 nationwide by the NIRF Ranking 2023.
Recognized and Approved: As a UGC-entitled and AICTE-approved university, ICFAI ensures that its degrees are recognized and valid across India.
Flexible Learning: The program offers a flexible learning experience with a duration of 2-4 years to complete the course, allowing students to balance their professional and personal lives.
Comprehensive Resources: Students have access to a robust online learning portal, virtual classrooms, and a variety of self-study materials such as workbooks, bullet notes, and case studies.
Quarterly Examinations: The university offers the flexibility of giving quarterly examinations, which are convenient for working professionals.
ICFAI offers 5 specializations for its online MBA program, allowing students to specialize in a field of their choice:
Finance
Marketing
Human Resource Management
Information Technology
Operations
Eligibility: Candidates must be graduates from any recognized university in India with a minimum of 50% marks.
Admission Process: The entire admission process is conducted online. It includes filling out an application form, uploading scanned copies of your academic and personal documents, and then participating in a Micro Presentation and Personal Interview. There is no entrance test required.
The total fee for the ICFAI Online MBA program is INR 2,00,000. The fee can be paid in two different ways:
Year-Wise Payment:
1st Year: INR 1,10,000 (includes a one-time INR 20,000 admission fee).
2nd Year: INR 90,000.
Semester-Wise Payment:
1st Semester: INR 65,000 (includes a one-time INR 20,000 admission fee).
Subsequent Semesters: INR 45,000 each.
Fees can be paid through various online modes (credit/debit card, net banking) or via a bank demand draft payable to “IFHE Fee Collection A/c Online MBA” at Hyderabad.
Is the ICFAI University Online MBA degree valid? Yes, the degree is highly valid. The university is accredited with a NAAC A++ Grade and is UGC-entitled and AICTE-approved. It is also a member of both the Association of Commonwealth Universities (ACU) and the Association of Indian Universities (AIU).
What is the total fee for the program?
The total fee for the online MBA program is INR 2,00,000. This includes a one-time admission fee.
Can I pay the fee in installments?
Yes, you have two options for payment: a year-wise plan (two installments) or a semester-wise plan (four installments).
Is there an entrance exam for admission?
No, there is no entrance test. The selection process is based on a Micro Presentation and a Personal Interview after you submit your online application.
How many specializations does the program offer?
The program offers 5 specializations: Finance, Marketing, Human Resource Management, Information Technology, and Operations.
What is the duration of the program?
The program is designed to be completed in 2 years, but you have the flexibility to complete it in up to 4 years.
How are exams conducted? Exams are conducted on a quarterly basis and are fixed to be convenient for working professionals. They are based on assignments and online tests.
| Detail | Description |
|---|---|
| University Name | ICFAI University |
| Program Name | Online MBA |
| Accreditation | NAAC A++ Grade, AICTE, UGC |
| Course Duration | 2 years (minimum), 4 years (maximum) |
| Total Fee | INR 2,00,000 |
| Per Semester Fee | INR 45,000 (after first semester) |
| Eligibility | Graduation with 50% marks |
| Specializations | Finance, Marketing, HR, IT, Operations |
| Admission Process | Online application, Micro Presentation & Personal Interview |
| Exam Schedule | Quarterly |
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