ICFAI Online MBA
Fee, Eligibility, Admission Details

The ICFAI Online MBA program is designed for aspiring managers and professionals looking to advance their careers. With a flexible cafeteria model for electives and an emphasis on entrepreneurship through practicum and research projects, Accredited by NAAC (A+ grade) and AACSB, and NIRF, ICFAI’s MBA aligns with today’s business demands. Enroll now to gain a globally recognized degree and elevate your career potential

icfai online mba

About ICFAI Online MBA

ICFAI Offers two-year, fully online MBA program for students and working professionals pursuing careers in management. The program employs a cafeteria model for electives and includes an entrepreneurship practicum/business research project to meet the growing demand for multidisciplinary, entrepreneurial, and innovative managers.
The University received NAAC Accreditation with a ‘A+’ Grade, achieving a respectable Campus CGPA of 3.43 out of 4. The MBA Program holds the prestigious AACSB International Accreditation and is ranked 27th in the Management Category of the India Rankings-2021 (NIRF 2021). IFHE is affiliated with AIU and ACU. The University is dedicated to generating and sharing expertise and knowledge in basic and advanced domains via innovative educational initiatives, research, consulting, and publishing.

The university provides campus-based bachelor’s, master’s, and doctoral degrees in finance, management, technology and science, law, and other disciplines. The University has established a Centre for Distance and Online Education (CDOE) to provide programs in online and distance learning modalities (ODL).

Course Features

  • Accredited with an A+ grade by the National Assessment and Accreditation Council (NAAC)
  • Accredited by the South Asian Quality Standards (SAQS), AMDISA
  • Recognized as “India’s Most Admirable Education Brand 2020” by The Brand Story
  • Awarded “The Extraordinaire Brand for Higher Education 2020” by Brand Vision
  • Honored as “CSR Top University in Innovation 2020” by Competition Success Review

Approvals & Accreditations

UGC

UCG

ACU

ACU

AMDISa

AMDISA

SAQS

SAQS

NAAC A++

AACSB

  • Ranked #1 in “Faculty, Quality, and Delivery” for Online MBA and #2 overall
  • Ranked #27 for MBA program in India, NIRF Ranking 2021
  • Ranked #2 among private universities in Telangana
  • Ranked #9 among private universities in India, Education World Higher Education Ranking 2020
  • Ranked #2 in Telangana, Careers360 University Ranking Survey 2018
  • Named “ET Best Education Brand 2020” by The Economic Times
  • Recognized for “Performance Excellence” by the Indian Institution of Industrial Engineering (IIIE), Mumbai

Program Eligibility

  • Candidates must hold a Bachelor’s degree from an accredited college.
  • Graduate candidates must have a 50% aggregate mark.

Program Syllabus

Program Structure

Semester I

Management and Organization Behavior
Credits: 5
Business Analytics
Credits: 5
Foundations of Accounting and Finance
Credits: 5
Business Environment
Credits: 5
IT for Managers
Credits: 5

Semester II

Economics for Business
Credits: 5
Operations Management
Credits: 5
Human Resource Management
Credits: 5
Marketing Management
Credits: 5
Business Communication
Credits: 5

Semester III

Business Policy and Strategy
Credits: 4
International Business
Credits: 4
Leadership and Change Management
Credits: 4
Elective I
Credits: 4
Elective II
Credits: 4
Elective III
Credits: 4

Semester IV

Management Control Systems
Credits: 4
Business Ethics and Corporate Governance
Credits: 4
Elective IV
Credits: 4
Elective V
Credits: 4
Elective VI
Credits: 4
Entrepreneurship Practicum OR Research Project
Credits: 4
Note: Semester III Electives (Choose 3 electives from 11 options).
Semester IV Elective Options ((Choose 3 electives from 12 options).
Fee Structure and Payment Options
Fee Structure Amount (INR)
Admission Fee ₹20,000
Program Fee ₹1,80,000
Total Fee ₹2,00,000
Note: The Program Fee does not include the Exam Fee.

Payment Options

Option A - Year Wise Fee Payment Amount (INR)
Admission Fee ₹20,000
Anually Fee ₹90,000
Option B - Semester Wise Fee Payment Amount (INR)
Admission Fee ₹20,000
Semester Fee ₹45,000
Note: Candidates must pay the Admission Fee and Program Fee according to payment option (A) or (B).

Following are the list of 5 Online Colleges in similar fee range and more features, Also Explore- Affordable Online MBA programs

UniversitiesAccreditationsTotal Fees
Amity Online MBAUGC, NAAC A++, QS, NIRFINR 1,99,000
DY Patil Online MBAUGC-DEB, NAAC A++, AICTE, NIRFINR 1,69,000
Jain University Online MBAUGC-DEB, AICTE, NAAC++INR 1,70-2.25 Lakh
Manipal Online MBAUGC, NAAC A+, NIRF 79, QS, AICTEINR 1,75,000
UPES Online MBAUGC, NAAC A, NIRF INR 1,50,000

Scholarship options

IFHE recognises and supports exceptional students in achieving academic excellence. A scholarship program is offered to online MBA students.

I. Special Scholarships for Defence, Paramilitary, and Police Personnel: • For full-time or retired personnel directly within these forces.

• Parents and spouses of these forces are qualified for this scholarship.

• Eligible candidates pay semester fees after adjusting scholarship amounts.
II. Merit Scholarships
Academic record-based scholarship:
• Provides scholarships according to class 12th and graduate marks.
• Eligible candidates pay semester fees after adjusting scholarship amounts.
Top Continuous Assessment marks prize:
Awards will be given to students who achieve the highest score in a course’s formative assessment.
Semester-wise performance scholarship:
• Provides scholarships based on semester-wise CGPA performance.

Sample Certificate

Get a UGC Entitled Degree, Globally Recognized

✅Get a UGC recognized online degree.

✅Earn NAAC Accredited Degree

✅ Suitable for Working Professional

icfai-university-degree

Examination Pattern

Continuous Assessment accounts for 30% of the overall course assessment weight. This is achieved through session participation, engagement exercises, workplace narrations, and discussion forums.
Semester End Exams: Online, technology-proctored exams.
The weight is 70%.

Admission Process

Admission to the online MBA program at IFHE CDOE is simple, requiring only two steps: Application Submission and Fee Payment. See below for the step-by-step admission process for the MBA in Distance Education.

Step I: Download the Program from the ICFAI Foundation for Higher Education (IFHE) website.

Distance/Online MBA prospectus.
Step 2: The program prospectus includes application and fee remittance forms. Fill out the application.

Step 3: Include self-attested (blue ink and dated) copies of the following documentation with the application form:

  • Passport-size photo (pasted on application form)
  • Passport-size photo with signature.
  • Aadhar Card
  • Class 10 Certificate
  • Class 12 Certificate
  • Bachelor’s Degree

Step 4: Carefully fill out the fee remittance form after the application form. You must choose

Give out the fee payment choice on this form (one-time, year-wise, semester-wise).

You must also include payment details.

Step 5—Submit the completed application to the Admission Centre to complete enrolment.

Placement Partner

Compare to other Universities
College Name Approvals/Accreditations Fee
UTTARANCHAL Online MBA UGC-DEB | NAAC A+ | AICTE INR 84,000
VIGNAN Online MBA UGC-DEB, NAAC A+ | NIRF | AICTE INR 1,36,000
CHANDIGARH Online MBA UGC-DEB | NAAC A+ INR 1,50,000
GLA Online MBA UGC-DEB, AICTE, NAAC, AIU, BCI INR 95,000
MANGALAYATAN Online MBA UGC | NAAC+ | NCTE INR 60,000
LPU Online MBA UGC-DEB, NAAC A++, NIRF, AICTE INR 1,42,000
IGNOU Online MBA UGC | NAAC A++ | WES INR 65,000
Kurukshetra Online MBA UGC | NIRF 43 | NAAC A | QS INR 64,000
Andhra University Online MBA UGC, NAAC A, QS, NIRF INR 56,000
Shoolini Online MBA UGC | NIRF 73 | QS | World University Rank 2 INR 90,000
Manav Rachna Online MBA UGC | NAAC A++ | NIRF | AICTE | WES INR 1,14,000
Sharda Online MBA UGC, NAAC A+, NIRF 87, NBA, BCI INR 1,00,000
VIT Online MBA UGC, NAAC A++, NIRF INR 1,60,000
Alagappa Online MBA UGC, NAAC A++, NIRF INR 80,300
Shiv Nadar Online MBA UGC, NAAC A++, AICTE, NIRF INR 5,00,000
ICFAI Online MBA UGC | NAAC A++ | ACU | AICTE | SAQS INR 2,00,000
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