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ICFAI Distance MBA – Fees, Syllabus, Admission, Review (and more)

ICFAI Distance MBA

ICFAI University Distance MBA – Admission, Review, Syllabus, and More


  • ICFAI University, Tripura was established in 2004 through an Act of State Legislature (Tripura Act 8 of 2004) and has been approved by the University Grants Commission, under Section 2(f) of the UGC Act, 1956.
  • ICFAI is one of the most recognized and sought-after private universities empowering quality education in many a field. Established in 1984, the ICFAI group strives to provide world-leading education with a pan-India network.
  • It has introduced a chain of Indian Business Schools (IBS) operating in India since 1995.
  • ICFAI group offers three major modes – the Flexible Learning Program (Distance Mode), ICFAI Business School, and the ICFAI University.
  • The learning curve covers almost all major professional topics followed by the development of agricultural economics, banking, health policies, intellectual property right, and environmental sustainability.
  • Today’s growing field of business administration requires one to have a sharp focus, better credentials, more confidence, and moral values – all of which are taught and inspired by the courses that the University provides.
  • It is a deemed university.
  • The ICFAI Group has three campuses located in Uttrakhand, Tripura, and Telangana – of which Uttrakhand and Tripura campus have granted the university status.
  • The Flexible Learning Programme (distance learning) is a two-year program (can be extended to four years based on merits, and a de-novo fee has to be paid) that offers ample understanding and information of all the facets of business administration. The Programme also includes case studies to enrich one’s skills.

Details of Distance MBA Courses

  • Duration: 2 years
  • Maximum duration to complete course: 4 years. The extension of the validity period is possible based on merits. In such a case, a de-novo fee as applicable has to be paid by the student.
  • Eligibility Criteria: Graduates (any discipline)
  • Medium: English
  • Specializations offered
    • Finance
    • HR
    • Marketing
    • Strategic Finance
    • Risk Management
    • Global Markets
    • Investment Management
    • Operations
    • Innovation Management
    • International Business
    • Healthcare Management
    • Hospital Administration
    • Pharma Management
    • Telecom Management
    • Retail Management
    • IT & Systems

Fees for ICFAI Distance Programs

The fees of this program can be paid through 2 options:

  • Module wise payment (4 modules in total): INR 25,000 (as of 2017)
  • Complete course fee payment: INR 65,000 (as of 2017)

Fees can be paid either through demand draft or Credit Card (VISA or MasterCard only).

ICFAI University Accreditation Proof

Currently, only Tripura center is accredited by UGC

ICFAI Accreditation

Source: UGC

How to Apply

Students can enroll themselves 4 times a year namely- January, April, July, and October.

Distance Learning Curriculum

  • Self-study aspect: The ICFAI University offers prearranged study material as well as a comprehensive study plan particularly premeditated for the programs and destined for self – study.
  • Contact classes: The contact classes comprise a significant phase in the erudition method by facilitating the learners to expand a profound understanding of the topics. They offer a prospect to elucidate any qualms in the relevant subjects and consequently arrange them well for the assessment.

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  • Examination: The examinations are in the form of Computer Based Test (CBT).The Computer-Based Tests are held at test centers, as designated on the mentioned website.


  • The students and parents are advised to take care that they take admission in approved programs institutions only.
  • It is also advised that before taking admission kindly go through the terms and conditions as given in the recognition letter and also various notices issued by UGC, regarding territorial jurisdiction of universities including the establishment of examination centres, study centres/ off campuses, online courses & technical/professional courses, which are uploaded on UGC website.

Placement and Review 

  • There is no placement assistance facility for Distance learning. However, an MBA from ICFAI University has a good brand value and acceptance in the market.
  • In terms of its reputation, it is quite better compared to a lot of other MBA options in India. Given the fact that its main MBA program is also quite popular, the brand name is not that unheard of in the market.
  • If students are looking at just getting a diploma/certificate on their CV/profile, it can be a decent option to purse but you should expect any job offers or placement help just because you have completed the distance MBA from ICFAI. That might be difficult, just like any other distance learning course.

Certification from ICFAI

The mentioned Degrees are given by the ICFAI University to the triumphant students:

CertificationAfter completion of
Certificate in Business BasicsModule I
Diploma in ManagementModules I & II
PG Diploma in HR/Finance/ MarketingModules I, II & III
MBA DegreeAll 4 Modules

Frequently Asked Questions

  • Q1: Distance MBA over a conventional one?

Ans: Distance MBA is easier in terms of the flexibility it provides to you. However, you should ensure that you take the program seriously just as you would a conventional program. Make sure that you study throughout the year rather than rushing before exams and submit all your assignments on time. One of the biggest advantages of distance MBA, i.e., no fixed schedule can turn out to be its biggest disadvantage for you if you are not self-disciplined and focussed.

  • Q2: Will I need to take classes once I enroll for a distance MBA at ICFAI?

Ans: Self-study is very much important and this particular program is particularly based on self-study, although counseling classes are also organized. The University provides the requisite study materials. Optional training classes are also provided, which cost approx Rs 12,000/- extra.

  • Q3: How and when are exams held?

Ans: The exams are Computer Based Test (CBT) and held at test centers, the details of which will be available at the official website of ICFAI for every program. Every year, exams are scheduled in April, July, October, and January. Students can choose centers as per their own convenience.

  • Q4: Can I take more than two years to complete the course?

Ans: Yes, you can. A maximum of 4 years’ time is given to complete all the four modules. Most of the students take 3 years to complete the course. However, you do require to take 2 modules in a year.

  • Q5: What is the placement scenario?

Ans: ICFAI has a tie-up with HR Alchemist where it is assured that after successful completion of the course you will be placed with a monthly salary of Rs 21000/-. To avail the perks of this scheme, you need to get registered, which costs around Rs 3500/-

  • Q6: What is the age limit for distance MBA at ICFAI?

Ans: 60 years.

  • Q7: When can I access the learning materials?

Ans: All the learning materials are accessible after the payment of the program’s fee. The institution has a fully-equipped digital library and other e-learning materials. Hard copy learning materials are sent to the students through the address provided during the registration process.

  • Q8: Do I need work experience to apply for the distance MBA at ICFAI?

Ans: Yes, you need at least one year of working experience.

  • Q9: How can I apply for the distance MBA program?

Ans: Application is either through online or offline options.

  • Q10: Can I apply for two distance programs in a single intake?

Ans: Yes, candidates are at liberty to apply to as many programs as they wish. However, each program will be treated independently and the applicant must pay the application fee independently.

  • Q11: What are the teaching methods applied for the distance MBA program?

Ans: Lectures are conducted through e-learning platforms such as video conferencing. The students will be required to undertake all the evaluation tests online.

  • Q12: Can I withdraw my application for a distance MBA?

Ans: Yes, candidates can express their disinterest by withdrawing the application. Once withdrawn, the application will no longer be considered for admission and the application fee will not be refunded.

  • Q13: What happens if I do not have enough fee for registration?

Ans: Students can apply for a bank loan to finance their MBA. If uncomfortable with the loan, students have the option to defer their studies until they get the required program fee.

Contact Information for ICFAI Headquarter

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muskan shamnani

a very good experience…completed my degree from icfai university .it gives my career a big boost ..

muskan shamnani

a very good experience…completed my degree from icfai university .it gives my career a big boost ..

gaurav sharma

completed my mba from icfai university nd the courseware of it is very comprehensive ..its easy to have this kind of learning with job ..

uttam kumar

were you working professional when you applied for mba?

gaurav sharma

completed my mba from icfai university nd the courseware of it is very comprehensive ..its easy to have this kind of learning with job ..

uttam kumar

were you working professional when you applied for mba?

Kavi Verma

Hi ,

I Wanna know the procedure of selecting the stream of 3rd semester.

Please help

Kavi Verma

For the ICFAI university, Obviously .


Please don’t opt for this…icfai distance mba….Course is too vast and tough to cover.


Please don’t opt for this…icfai distance mba….Course is too vast and tough to cover.



I want to persue my PG in HR and Business analytic. Please suggest some universities who offer mba in the the same through distance education

Mohit Verma


I want to do distance mba with finance for year 2019 and so need assistance regarding the same.

Please help me with admission procedure, fee structure, examination centres and placements after the completion of the course.

I hope you’re I’ll get your response soon.



I am a Law Graduate. I want to do MBA from Calcutta by Distance mode. What will be the fee

Srividya Chandrasekhar

Hello ,I have completed my 4th module in MBA.WIll there be attending a convocation ceremony or the certificate will be sent like always…kindly acknowledge.


i took admission in July 2018 i am unable to clear my subjects , what was the best solution ???? ………should i quit

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