ICFAI Distance MBA Overview 2024-25:

Do you want to enroll in ICFAI Distance MBA course for the academic year 2024? Stop searching more, as this detailed guide will help you find all the details about the ICFAI distance MBA admission procedure, eligibility criteria, fee structure, and specializations offered.

In the year 2004, the ICFAI University came into being, a creation brought forth by a legislative act (Tripura Act 8 of 2004) that resonates with the ethos of the state. ICFAI has earned its stripes as a distinguished institution, having received the seal of approval from the University Grants Commission under Section 2(f) of the UGC Act, 1956.

This venerable institution stands as a multifaceted powerhouse, offering education, engaging in groundbreaking research, providing consulting expertise, and playing a pivotal role in the world of publishing. It’s on a mission to mold a new generation of citizens, equipping them with the knowledge and skills that span both the core and the cutting edge of various disciplines. In doing so, ICFAI places a premium on cultivating a high level of competence and fostering a profound understanding of professional ethics while upholding a steadfast commitment to the principles of formal and distance communication.

The governance of this institution adheres to a well-defined framework, meticulously outlined in the Act, Statutes, and Rules that govern its operations. At its helm is the Board of Governors, presided over by the Chancellor and composed of the Vice-Chancellor and other distinguished members. Additionally, there exists a Board of Management and an Academic Council, each playing a pivotal role in steering the university’s course.

In terms of academic offerings, the University casts a wide net, providing a comprehensive array of programs at the Bachelor’s, Master’s, and Doctoral levels. These span diverse fields, encompassing management, finance, science, technology, information technology, education, and law, thus ensuring a holistic approach to education and research.

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Awards and Recognitions:

The UGC has included the ICFAI University, Tripura, on its list of universities maintained under Section 2(f) of the UGC Act, 1956, vide their letter No. F.9-7/2006 (CPP-I) dated October 30, 2006.

ICFAI University has received NCTE approval to offer the Bachelor’s Program. The Bar Council of India has approved the delivery of the university’s three- and five-year law programmes.

ICFAI University is a member of the Association of Commonwealth Universities (aka ACU), London, UK, and AIU (the Association of Indian Universities). It is also associated with two organisations: the Institution of Engineers (India) and the Association of Management Development Institutions in South Asia (AMDISA), Hyderabad.

Infrastructure and University Campus

There are 32 acres of lush green space around Kamalghat Sadar in Tripura that serves as the university campus at Agartala. The campus covers over 6 million square feet. It consists of academic buildings, workshops, laboratories, faculty rooms, auditoriums, and seminar halls; computer labs with the latest computing facilities; a well-equipped library; a canteen; and sports and recreation facilities.

In addition to providing the latest teaching aids, the campus is also WiFi-enabled. As an institution that devotes itself to teaching and research of high quality, the university has received wide recognition. Industry-university interactions are of paramount importance at the university.

Various undergraduate and postgraduate programmes are offered through distance education at the ICFAI University. The University Grant Commission, Distance Education Bureau (DEB), and All India Council of Technical Education approve all distance education offered by the university.

For distance learning students, ICFAI provides the best learning method to enhance their skills, knowledge, and strategic perspectives to achieve success in their fields. Across all programmes offered by the university, the focus is on academic rigour and a tailored curriculum that bridges industry and education. ICFAI Group’s teaching and learning culture promotes its graduate students’ intellectual and personal qualities.

Advantages of Distance MBA at ICFAI University

  • Established in 1984, ICFAI is a non-profit organization dedicated to empowering youth through world-class quality education.
  • Providing innovative, professional, and career-oriented programs to students is the University’s mission.
  • The University has also designed distance learning programs to get an education without discrimination in every society.
  • ICFAI University’s accreditation includes the University Grant Commission, Distance Education Bureau, NCTE, and ACU.
  • There are university centres in eleven cities in India, including Hyderabad, Tripura, Sikkim, Dehradun, Jharkhand, Nagaland, Jaipur, Meghalaya, Raipur, Himachal Pradesh, and Mizoram.
  • The University’s distance programs are accredited by the Distance Education Bureau of the University Grant Commission and the All India Council for Technical Education.
  • A primary objective of the ICFAI group is to create an intellectually stimulating environment for research, especially in areas bearing on the socio-economic and cultural development of the state and nation.

ICFAI distance education MBA offers different flexible features, including:

ICFAI’s courses are specially developed for self-study, providing the best course materials. You can easily set your reading hours and practice through different online and offline resources.

The University provides self-learning materials with strong university exposure to enhance learning.

Examinations are conducted quarterly by ICFAI and are mainly tailored to the needs of working professionals. Assignments and online tests are used to assess students.

ICFAI provides high-quality student services. On the official website, you can ask for your questions 24 hours a day, seven days a week and be assured that a team of professional tutors will answer your questions.

In addition to case studies, a Workbook, bullet notes, and PEP notes are being used to educate you.

Distance Learning Courses Offered by ICFAI

BCA – Bachelor of Computer Application

  • Certificate of 10+2 with aggregate 40% marks and above (any discipline).
  • Students who are waiting for the final year results are eligible to apply.
  • 3 Years

BA – Bachelor of Arts

  • Certificate of 10+2 – any discipline
  • Students who are waiting for the final year results are eligible to apply.
  • 3 Years

BA Hons – Bachelor of Arts

  • Certificate of 10+2 with minimum 40% marks and should have studied one of the following – Political Science, History, Economics, English, Education, Library & Information Science, and Linguistics & Translation Studies.
  • Certificate of 10+2 any discipline with a minimum of 45% aggregate marks if the student has NOT studied any of the abovementioned subjects.
  • 3 Years

BBA – Bachelor of Business Administration

  • Certificate of 10+2 with an aggregate of 40% and above – any discipline
  • Students who are waiting for the final year results are eligible to apply.
  • 3 Years

B.Com. – Bachelor of Commerce

  • The Candidate must have a passing certificate of Class 12th – any discipline.
  • Students who are waiting for the final year results are eligible to apply.
  • 3 Years

B.Com. (Hons) – Bachelor of Commerce

  • Certificate of 10+2 with minimum 40% aggregate marks and should have studied one of these: [for B.Com (Hons) program]: Accounting and Finance.
  • Certificate of 10+2 in any discipline with a minimum of 45% aggregate marks if the student has NOT studied any of the abovementioned subjects.
  • 3 Years

M.Com. – Master of Commerce

  • The Candidate must have passed in B.Com (Pass or Hons) with 45% marks or equivalent CGPA.
  • Duration-2 Years

MA – Master of Arts

  • Passing Certificate in BA B.A.onors) in English with a minimum of 45% and above aggregate marks.
  • Passing Certificate in B.A. OR any discipline with English as one of the electives with a minimum of 45% and above aggregate marks.
  • Duration-2 Years

MA – Master of Arts (Political Science)

  • The Candidate must have passed certificate BA B.A.onors in Political Science) with a minimum of 45% of marks or must have read Political Science as one of the subjects at UG U.G.vel (with an aggregate of 45% of marks and above at the Undergraduate level)
  • 2 Years

MA – Master of Arts (Economics)

  • The Candidate must have a passing certificate for BA B.A.conomics) with a minimum of 45% of marks or must have read Economics as one of the subjects at Undergraduate level with 45% of marks and above at the Undergraduate level.
  • 2 Years

MBA – Master of Business Administration

  • Graduation in any discipline with 45% and above aggregate marks Students waiting for the final year results are eligible to apply.
  • 2 Years

About ICFAI

You can improve your management knowledge by doing self-study, working on cases, reading books, and more at the ICFAI, one of the leading distance MBA institutes.

Master’s degrees in business management are offered at the university in many fields, taking international needs into account. Sixteen elective streams are available in the programme, from which you can choose the one that best suits your interests.

  • Hospital Administration Management
  • International Business Management
  • Risk Management
  • Global Markets Management
  • Innovation Management
  • HR Management
  • Marketing Management
  • IT & Systems Management
  • Investment Management
  • Telecom Management
  • Retail Management
  • Strategic Management
  • Operations Management
  • Finance Management
  • Health Care Management

Placement Service For Distance Learning Students

A placement assistance programme is offered to regular and distance learners at ICFAI University. In order to help students find placements, the university organises workshops and career events where experts are invited. In this way, the students will be able to communicate with the experts, who will provide them with proper guidance.

It will also provide students with the skills to excel in interviews for prestigious universities. Furthermore, the university offers a reasonable degree to its students, which means that the students will find employment opportunities on the job market.

Eligibility Criteria for Distance MBA: Any graduate from a recognized university in India is required.

Distance MBA Admission Procedure 2024:

Applying for MBA courses offered by ICFAI is quite simple and can be done quickly online as well as offline. Different courses are open for admission throughout the year. Admissions are based primarily on merit through applications.

Simply fill out the application form and submit it to the DD.D.DCFAI University, which must also receive copies of your certificates.

As soon as a student enrols in the MBA programme at ICFAI, they must complete it within four years from the date of enrollment. Within the three months following the expiration of the initial validity, someone can ask for an extension, for which a university can offer a maximum of three months.

 

Distance MBA Fees Structure:

Payments can be made in two different ways through ICFAI:

  1. Paying fees module-by-module
  2. Payment of the total fee

The student may select the option of his/her choice.

The ICFAI also offers EMIs for the Full Fee Payment option, where you have to pay:

A demand draft or credit card payment is required for the initial payment.

Post Dated Cheques to be used for payment of balance through Equated Monthly Installments (EMIs). The number of EMIs can be calculated as per the total fee amount. Candidates should talk to the counsellor before selecting this option.

Frequently Asked Questions

Question: What is the status of ICFAI?

Answer: In accordance with section 3 of the UGC Act, 1956, the ICFAI Foundation for Higher Education is a deemed university.

Question: Does ICFAI provide a valid degree?

Answer: ICFAI University, Tripura has been recognized by The Distance Education Council (DEC) for its distance education programs. It is only relevant if you are looking for positions in the federal government.

Question: Does ICFAI offer distance MBA programs in Healthcare?

Answer: Yes, the MBA in Pharma, as well as Healthcare Management, is offered by ICFAI Distance University. It’s a good course for career prospects and provides students with an online learning management system (LMS).