ICFAI distance learning MBA is specially designed for professionals who want to get their MBA degree without joining any regular classes. ICFAI is offering a broad-based MBA Program at an affordable fee structure designed to provide a good understanding to their students in different aspects of management. The University is empowered by UGC to award degrees & also a member of the Association of Indian Universities, New Delhi, and the Federation of Universities, India.
Note: ICFAI is now offering an ONLINE MBA course for the academic year 2024. If you wish to apply, kindly fill-up the admission inquiry form.
ICFAI Distance Learning MBA
The two years MBA program has 20 subjects divided into four modules of 5 subjects each. For each year, two modules can be studied and completed.
The third module of the program consists of Electives. The student has to select one elective from the following.
- Marketing
- Finance
- Strategic Finance
- Risk Management
- HRM
- Operations
- Global Markets
- Healthcare Management
- IT & Systems
- International Business
- Investment Management
- Hospital Administration
- Pharma Management
- Retail Management
- Telecom Management
- Innovation Management
Side Note: Some subjects as marked in the elective streams are compulsory.
The program is based on self-study and examinations.
Self-study: The University provides prescribed books and a detailed study plan specially designed for the programs and meant for self-study.
Examinations: Convenient Examination schedule.
Eligibility Criteria
Candidate must be a graduate (A Bachelor's Degree) in any discipline to be eligible for ICFAI Distance Education MBA course.
Fee Structure
The total fee for ICFAI Distance Education MBA course is Rs.65,000/-.
The fee can also be paid in installments i.e Initial payment of Rs.10,000/- and 16 Installments @ Rs.3950/- each.
See the below table for more details.
Module-wise Fee Payment
|
Full Fee Payment
|
||
Particulars
|
Amount in Rs.
|
Particulars
|
Amount in Rs.
|
Admission Fee
|
5000
|
Admission Fee
|
5000
|
Program Fee – Module I only
|
20000
|
Program Fee (All 4 Modules)
|
60000
|
Total
|
25000
|
Total
|
65000
|
Lumpsum Payment
|
25000
|
Lumpsum Payment
|
65000
|
EMI Facility
|
EMI Facility
|
||
Initial Payment( by Demand Draft / Credit Card)
|
10000
|
Initial Payment( by Demand Draft / Credit Card)
|
10000
|
Balance amount to be paid through Equated Monthly Instalments [EMIs] (Including bank charges) by Post dated Cheques
|
5200
|
Balance amount to be paid through Equated Monthly Instalments [EMIs] (Including bank charges) by Post dated Cheques
|
3950
|
Number of EMIs
|
3
|
Number of EMIs
|
16
|
EMI facility & Module wise fee payment facility is also available. Please refer to the prospectus for more details. The fee is subject to change.
The exam fee is payable separately as and when the student registers for the examination.
The exam fee is payable separately as and when the student registers for the examination.
Online Application
Students can enroll in the program by logging on to the official website for filing the application form online and making the payment through the Internet. Students can make the payment through the Credit Card issued by ICICI Bank and HDFC Bank or the VISA/MasterCard issued by any bank, through Secure Internet Payment Gateway. Net Banking facility is also available.
Duration and Validity
The duration of the distance education MBA course offered by ICFAI University is 2 years.
The students are required to complete the MBA Program within a period of four years from the date of enrollment.
We hope this article was helpful for you to know about ICFAI Distance Education MBA program. If you have any question or concern or want to inquire about admission, feel free to fill out the form available above in this article.
