ICFAI Distance MBA – Courses, Admission, Fee 2019 – 2020


ICFAI University distance MBA

ICFAI Distance Education MBA Courses Admission Fee 2019 -2020

ICFAI University, Tripura came in existence in the year 2004 through Tripura Act 8 of 2004 (an Act of State Legislature). This University has been approved by UGC under the section 2(f) of UGC Act, 1956.

ICFAI is amongst the most recognized and sought after private universities in India totally committed to empowering quality education in various education fields. Since its establishment in the year 1984, ICFAI group endeavors to provide world leading education to students via its PAN India network.

Since the year 1995, ICFAI group has introduced a complete chain of Indian Business Schools (IBS) which are functioning all over India. ICFAI Group offers its students 3 major modes of education – 1. ICFAI University, 2. ICFAI Business Schools and then 3rd Flexible Learning Program (Distance Learning Mode).

Almost all major professional topics have been covered under the learning curve followed by intellectual property right, banking, environmental sustainability, health policies and agricultural economic development.

The courses provided by the University taught and inspired one to have more confidence, better credentials, moral values and sharp focus which are very important in today’s growing business administration field.

ICFAI University is a deemed university. There are total three campus of ICFAI group which are located in Tripura, Uttrakhand and Telangana out of which, the university status have been granted to Uttrakhand and Tripura campus.

  • The IFHE Hyderabad, IFHE Campus, Donthanapally, Shankarapalli Road, Hyderabad – 501203, Phone No: +918417236660/61/62
  • The ICFAI University, Tripura, Kamalghat, Agartala – 799210, website: www.iudehradun.edu.in  Phone No: 0381-2865752/62, +918415952506
  • The ICFAI University, Dehradun , Rajwala Road, Dehradun – 248197, Phone No: 0135-3003009

ICFAI’s Flexible Learning Program is a 2 year distance learning program (which can be extended to 4 years if needed based on student’s merits and some additional fees) provides complete information and understanding of all aspects of business administration. Its learning program also includes various case studies to improve student’s skills.

Details of Distance MBA Courses

Course Duration: Two Years

Maximum duration: Maximum available duration to complete the course is 4 years but based on merits extension of validity period is possible. In such a scenario student have to pay some fees as applicable.

Eligibility Criteria: Graduates from any discipline

Medium: English

Offered Specializations:

  • MBA Finance
  • MBA Marketing
  • MBA Operations
  • MBA IT and Systems
  • MBA Global Markets
  • MBA Strategic Finance
  • MBA Risk Management
  • MBA Retail Management
  • MBA Pharma Management
  • MBA Telecom Management
  • MBA International Business
  • MBA Hospital Administration
  • MBA Innovation Management
  • MBA Healthcare Management
  • MBA Investment Management
  • MBA Human Resource Management
Module I Module II Module III Module IV
Principle of Management Marketing Management Elective I Business Policy and Strategy
Business Comm. and soft skill HR and Management Elective II International Business
Organizational Behavior Accounting and Finance Elective III Management control system
Economics Managers IT and Systems Elective IV Leadership and change management
Business Environment and Law Operation and Project Management Elective V Governance and Ethics

The complete MBA program has 20 subjects divided into 4 modules. Students are required to complete 2 modules in one year.

​In the third modules, from the available 16 electives candidates can pick an elective of their choice (please check the list above).

Fees for ICFAI Distance MBA

There are two options available through which students can sumit there program fees:

Module wise fee Payment

Fee Particulars Amount in Rupees (INR)
Admission Fee 5,000/-
Program Fee – Module I 19,000/-
Total 24,000/-
Lump-sum Payment 24,000/-
EMI Facility
Initial Payment (by Credit Card / Demand Draft) 10,000/-
Balance amount to be paid via EMI (including bank charges) by post dated cheques 4,850/-
Number of EMI’s 3

Full Fee Payment

Particulars Amount in Rupees (INR)
Admission Fee 5,000/-
Program Fee – Module I 58,000/-
Total 63,000/-
Lump-sum Payment 63,000/-
EMI Facility
Initial Payment (by Credit Card / Demand Draft) 10,000/-
Balance amount to be paid via EMI (including bank charges) by post dated cheques 3,850/-
Number of EMI’s 16

Please Note: ICFAI MBA Distance Program’s refund policy mention that in case a student wants to withdraw from respective program after enrollment then deduction which include the admission fee and cost of course ware supplies will be done before refunding the payment amount. No request for withdrawal will be entertained after 30 days of enrollment and candidate will not be given any refund.

ICFAI University Accreditation Proof:

ICFAI University, Tripura: Click Here

IFHE Hyderabad: Click Here

How to Apply

Students can enroll themselves to ICFAI University courses in the months of January, April, July and Oct. that is four times in a year.

Distance Learning Curriculum

Self-study aspect: The ICFAI University provides an extensive study plan especially premeditated for its programs as well as prearranged study material for self study.

Contact classes: The contact classes comprise an important stage in the learning methodology by facilitating the students to amplify their profound understanding of the topics. They provide an opportunity to clarify any qualms within the relevant subjects and consequently organize them well for the assessment.

Exams: The exams are conducted in the form of CBT (Computer Based Test) which are held at different test centers, you can collect information about these centers from university website.

Important Note:

It is advised to make sure that one should take admission in approved programs and institutions only.

Before taking admission it is advised to read the recognition letter properly and go through the terms and conditions mentioned in it. The University Grants Commission (UGC) issues various notices regarding universities territorial jurisdiction including establishment of study centers/off campuses, exam centers, online courses and technical or professional courses. These notices are available on UGC website one should consider reading them properly.

Placement and Review

For Distance learning program unlike its regular counterpart there is no placement assistance facility available to a student. However, if he has done his MBA from a reputed University like ICFAI which has a good brand value and acceptance in the job market, so getting good placement will not be that difficult for him.

As compared to a lot of other MBA options available in India, ICFAI is quite better in terms of its reputation. Given the fact that ICFAI brand name is well known in the market along with its MBA program which is also quite popular amongst the students.

It can be a decent option to purse if a student is just looking to get a Diploma or Certificate in his required field in order to show it on his CV/profile, but just like any other distance learning course completing distance MBA from ICFAI is not sufficient. Student must consider accepting any job offers or placement assistance.

Certification from ICFAI

Below mentioned Degrees are provided to the exultant student by the ICFAI University:

After completion of Certification
Module I Certificate in Business Basics
Modules I & II Diploma in Management
Modules I, II & III PG Diploma in HR/Finance/ Marketing
All 4 Modules MBA Degree

Frequently Asked Questions – FAQ

Distance MBA over conventional MBA?

The flexibility which you get in Distance MBA makes it easier for a student to achieve his/her educational goal. However, self-discipline is the key. Student must ensure that he/she should take the distance program very seriously just as they would have taken any conventional program. They have to make sure that they study throughout the year like a regular course rather than rushing just before the examination and submit all their assignments on time. Having no fixed schedule is one of the biggest advantages of Distance MBA but it can also turn out to be its biggest disadvantage if a student is not focused and self-disciplined.

Will students be needed to take classes once they enrolled for ICFAI Distance MBA?

ICFAI University provides all students the requisite study materials and with an additional optional cost of approx INR. 12000 students can also join the training classes. Please note in distance learning in order to succeed self-study is very much important. Although ICFAI University organizes counseling classes but all its distance learning programs is particularly based on self-study.

How and when will examination held?

The exams conducted by ICFAI University at its various test centers are Computer Based Test (CBT), students can obtain its details from ICFAI official website for every program. Examinations are scheduled in the month of April, July, October & January every year. Students as per their own convenience can choose their centers.

Is it allowable for student to take more than 2 years to finish the course?

Yes, he can. The maximum time given to complete all the four modules is four years. Generally most students take three years to finish their course. However, it’s required for a students to take two modules in a year.

What’s the placement scenario?

In order to make sure that after successful completion of ICFAI’s course student will get proper placement with a monthly remuneration of INR. 21000. ICFAI University had tie up with the HR Alchemist. Please do note that in order to avail the perks of this scheme; student will be required to get registered, which will cost him around INR. 3500.

ICFAI Headquarter Contact Details:

Distance Learning Program,
The ICFAI University, Tripura,
Kamalghat, Mohanpur, Agartala, Tripura

Related Article: Top 15 Distance Learning MBA Courses

Are you interested in joining ICFAI University Distance MBA? Fill in your details below and we will connect you with the institute.