ICFAI Distance MBA Admission

The ICFAI Distance MBA program with multiple specializations to choose from. The program is offered in an Online and Distance Learning (ODL) format. It has a duration of 2 years, with the flexibility for students to complete it within a maximum of 4 years. This blog contains comprehensive information about ICFAI Distance MBA, including details on fees, eligibility criteria, admission procedure, placement opportunities, syllabus, curriculum, and much more.

About ICFAI Distance University

ICFAI, established in 2004 through an Act of the State Legislature, is recognized as one of the top distance education institutes for MBA in India. The institute has received approval from the University Grants Commission (UGC) under Section 2(f) of the UGC Act, 1956.

ICFAI offers three-year and five-year law courses, as well as MBA programs that are approved by the relevant authorities. Additionally, it has obtained approval from the National Council for Teacher Education (NCTE) to provide Bachelor's programs in Education. The university holds membership in prestigious organizations such as The Association of Commonwealth Universities (ACU) in London, UK, and the Association of Indian Universities (AIU) in New Delhi, India.

With a focus on enhancing education, ICFAI offers innovative educational programs, conducts research, provides consulting services, and publishes scholarly works. It aims to develop a new generation of competent individuals who can thrive in a competitive world. The university adheres to the rules and regulations set by the Government of India for educational institutes and offers a range of Bachelor's, Master's, and Doctoral programs in various fields, including Management, Finance, Science and Technology, Information Technology, Education, and more. 

The university campus, located in Agartala, spans 32 acres and features over 600,000 square feet of built-up area. It encompasses academic blocks, laboratories, workshops, faculty rooms, computer labs equipped with the latest technology, an auditorium, seminar halls, a canteen, a library, and more. The campus is Wi-Fi enabled and provides state-of-the-art teaching aids to facilitate a high-quality learning environment. ICFAI emphasizes providing students with an excellent education, along with a focus on quality research and teaching.

ICFAI Distance MBA Overview 

The ICFAI Foundation for Higher Education (IFHE) is recognized as a Deemed-to-be University. It has achieved an impressive Grade A+ NAAC Accreditation with a score of 3.43 out of 4. The distance programs offered by IFHE are managed by the Centre for Distance and Online Education (CDOE). Here are some key highlights of the Distance MBA program at ICFAI Foundation for Higher Education:

• Program Administration: The distance MBA program is administered by the Centre for Distance and Online Education (CDOE) at IFHE.

• Specializations: The program offers various specializations for students to choose from, allowing them to focus on their preferred areas of study and career interests.

• Duration: The Distance MBA program has a duration of 2 years. However, students have the flexibility to complete the program within a maximum period of 4 years.

• Accreditation: IFHE has obtained Grade A+ NAAC Accreditation, which signifies its high-quality education standards and academic excellence.

ICFAI Distance MBA Specialisations 

ICFAI is renowned as a top institute for distance MBA programs, offering a comprehensive learning experience that allows students to enhance their management knowledge through self-study, case studies, and coursework. The university recognizes the importance of international business needs and offers a Master's in Business Management program with various specializations. Students have the opportunity to choose from 16 elective streams that align with their interests and career goals. This allows them to tailor their education and focus on a specific field of study within the business management domain. 

• Hospital Administration Management

• International Business Management

• IT & Systems Management

• Retail Management

• Global Markets Management

• Risk Management

• Marketing Management

• Telecom Management

• Innovation Management

• HR Management

• Investment Management

• Strategic Management

• Operations Management

• Finance Management

• Pharma Management

• Health Care Management

ICFAI Distance MBA Eligibility & Duration 

To be eligible for the distance MBA course at IFHE, students must hold a bachelor's degree in any discipline from a government-recognized university. The medium of instruction during their undergraduate studies must be English.

The Distance MBA program at IFHE has a standard duration of 2 years, divided into 4 semesters of six months each. However, being a distance learning program, it offers flexibility to students. They have the option to complete the program within a maximum period of 4 years, allowing them to proceed with their studies at their own pace and according to their personal circumstances.

ICFAI Distance MBA Fees 

ICFAI offers two payment options for its distance MBA program:

Option 1: Module-wise ICFAI Distance MBA Fee Payment

• Admission Fee: Rs. 5,000

• Program Fee: Rs. 20,000

• Total: Rs. 25,000

• Lumpsum Payment: Rs. 25,000

Additionally, the Module-wise fee payment option provides an EMI facility, which allows students to pay in installments. If students choose the EMI Facility, they need to make the following payments:

• Initial Payment (Demand Draft or Credit Card): Rs. 10,000

• Balance amount paid through Equated Monthly Installments (EMIs) including bank charges: Rs. 5,200

• Number of EMIs: 3

Option 2: Full Fee Payment

• Admission Fee: Rs. 5,000

• Program Fee for 4 Modules: Rs. 60,000

• Total: Rs. 65,000

• Lumpsum Payment: Rs. 65,000

Similar to the Module-wise Fee Payment option, ICFAI also offers an EMI facility for the Full Fee Payment option. The payment details are as follows:

• Initial Payment (Demand Draft or Credit Card): Rs. 10,000

• Balance amount paid through Equated Monthly Installments (EMIs) including bank charges (by Postdated Cheques): Rs. 3,950

• Number of EMIs: 16

These payment options provide students with flexibility in managing their financial obligations for the distance MBA program at ICFAI.

ICFAI University Distance MBA Admission Criteria 

The ICFAI Distance MBA admission procedure is straightforward and can be completed through both online and offline modes. Here are the key points of the admission process:

• Applications: Admissions are open throughout the year for various courses. Students can apply based on merit through the application process.

• Application Submission: Complete the application form and submit it along with a Demand Draft (DD) for the program fee. Additionally, include the necessary copies of certificates as specified by ICFAI University.

• Enrollment: Once the student is accepted and enrolled in the MBA program at ICFAI, they are required to complete their MBA within a maximum of four years from the date of enrollment.

• Extension Period: In case a student is unable to complete the program within the initial four-year validity period, they can request an extension. The university may offer a maximum extension of three months within three months of the expiry of the initial validity period.

ICFAI Distance University Placement 

ICFAI Distance University placement assistance to its students. The university aims to support students in their career development and job placement. While specific details about the placement process and statistics may vary, here are some general points about ICFAI Distance University placements:

• Placement Cell: ICFAI Distance University has a dedicated placement cell that facilitates and coordinates placement activities for its students.

• Industry Partnerships: The university maintains connections and collaborations with various industries, organizations, and companies to foster placement opportunities for its students.

• Job Notifications: The placement cell regularly notifies students about job openings, recruitment drives, and placement opportunities through various channels, including online portals, emails, and notice boards.

• Resume Preparation: The university assists students in preparing their resumes, highlighting their skills, qualifications, and achievements to make them more competitive in the job market.