ICFAI University Distance Education MBA Admission Fee 2016

ICFAI distance learning MBA 2016 is specially designed for professionals who wants to get their MBA degree without joining any regular classes. In 2016, 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.

ICFAI University

ICFAI Distance Learning MBA 2016

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.
  1. Marketing
  2. Finance
  3. Strategic Finance
  4. Risk Management
  5. HRM
  6. Operations
  7. Global Markets
  8. Healthcare Management
  9. IT & Systems
  10. International Business
  11. Investment Management
  12. Hospital Administration
  13. Pharma Management
  14. Retail Management
  15. Telecom Management
  16. 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 above fee structure was valid for 2016.

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 www.icfaiuniversity.in/dlp for filing the application form online and making the payment through 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 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 enquire about admission, feel free to fill out the form available above in this article.