ICFAI University, Dehradun, is a part of the ICFAI Group, which has a long-standing reputation for providing quality education across various disciplines. Established to cater to the educational needs of students in the Uttarakhand region, the university offers a wide range of programs, including those in management, law, science, and technology. The MBA/PGDM programs at ICFAI University, Dehradun, are highly regarded for their comprehensive curriculum and industry relevance. The MBA program is a two-year course, open to graduates from any discipline with at least 50% marks. The program is structured into four modules, each comprising five subjects, with the third module offering elective courses from 16 different streams. Admission to the MBA program is based on scores from competitive exams such as IBSAT, CAT, GMAT, MAT, XAT, and NMAT, followed by an interview. The total tuition fee for the MBA program is approximately INR 6.03 lakhs.
ICFAI University, Dehradun, boasts impressive rankings and placement records. It is ranked 36th in India and 2nd in Uttarakhand among top general private universities by India Today 2023. The university’s MBA program is graded AA by Careers 360, and it has a strong placement record, with around 90-95% placement guaranteed. Major companies such as Regan Association participate in the placement drives, offering good packages and internships. The university also provides state-of-the-art facilities, including modern infrastructure, experienced faculty, and additional support materials like case studies, workbooks, and counseling classes to enhance the learning experience.
Particulars | Statistics |
Establishment Year | 2003 |
Campus | Dehradun, Uttarakhand (located at Selaqui) |
Recognized by | University Grants Commission (UGC) under Section 2(f) of UGC Act, 1956 |
Rankings (as of 2023) | Ranked 1 in ‘Outstanding Excellence’ among top private B-schools (2017) |
Collaborations | IETI, Hongkong and Denver USA; National Law Institute University, Bhopal; University of Economics and Law – Vietnam National University Ho Chi Minh City, Vietnam; he Kyiv National Economic University, Kyiv, Ukraine etc. |
ICFAI University, Dehradun, through its constituent ICFAI Business School (IBS) Dehradun, offers a highly regarded MBA program. Here are the list of MBA/PGDM Courses:
MBA/PGDM Courses, Duration, and Fees
Course | Duration | Average Fees (INR) |
Master of Business Administration (MBA) | 2 years | 6,13,000 |
FAQs on Course and Fees 2024
1. What is the fees of ICFAI MBA/PGDM course?
The total academic fee for the MBA program at ICFAI University, Dehradun, is approximately INR 6,13,000, excluding other expenses such as hostel and personal costs. This fee is for the full two-year duration of the program.
2. Is ICFAI University good for MBA?
ICFAI University, Dehradun, is considered a good option for an MBA due to its strong academic reputation, experienced faculty, and a good placement record across various sectors. The university also offers a contemporary curriculum with industry relevance and various specializations.
3. What are the MBA/PGDM specializations offered at ICFAI, Dehradun?
ICFAI University, Dehradun, offers several specializations for its MBA program, including Finance, Marketing, Human Resources, and International Business. Additionally, students can choose from 16 elective streams in the third module of the program to tailor their studies to their career aspirations.
The admission process for management courses, specifically the MBA/PGDM program, at ICFAI University, Dehradun, is structured to ensure a comprehensive and fair selection of candidates. Here is the step-by-step admission process:
Step 1: Eligibility Check- Candidates must have a bachelor’s degree from any recognized university with at least 50% marks in any discipline. Final year students awaiting their results are also eligible.
Step 2: Application Submission- Candidates can apply online or offline. For online applications, visit the university’s official website, fill in the required details, and attach necessary documents such as marksheets, certificates, and a passport-size photograph. For offline applications, download the form, fill it manually, and send it to the university along with a demand draft of INR 500 as the application fee.
Step 3: Entrance Exams- Candidates need to appear for either the ICFAI Business School Aptitude Test (IBSAT) or other accepted exams like CAT, GMAT, NMAT by GMAC, or XAT. Those with valid scores in these exams are exempt from IBSAT.
Step 4: Group Discussion and Personal Interview- Shortlisted candidates based on their entrance exam scores are called for a group discussion and personal interview. This round assesses the candidate’s academic performance, work experience (if any), and overall fit for the program.
Step 5: Admission Confirmation- Selected candidates receive admission letters and need to confirm their seats by paying the required program fee by the specified date.
Important Admission Dates for 2024
Dates | Events |
May 1 – July 15, 2024 | Selection Process |
July 4, 2024 | Last Date for Application Form Submission |
July 18, 2024 | Program Fee Payment |
July 31, 2024 | Registration |
August 1, 2024 | Commencement of Classes |
Dec 28-29, 2024 | IBSAT 2024 Exam (for subsequent academic year) |
Sep 13, 2024 | Last Registration Date for CAT 2024 |
Nov 24, 2024 | CAT 2024 Exam |
Aug 1 – Oct 10, 2024 | NMAT 2024 Registration Window |
FAQs on Admission Process and Important Dates 2024
1. What is the last date for ICFAI MBA/PGDM admission?
The last date for submitting the application form for the MBA/PGDM program at ICFAI University, Dehradun, is July 4, 2024. This deadline is crucial for ensuring timely processing of the application and participation in the subsequent selection process.
2. How can I take admission in ICFAI MBA/PGDM Dehradun?
To take admission in the MBA/PGDM program at ICFAI University, Dehradun, you need to submit an application form online or offline, appear for an accepted entrance exam like IBSAT, CAT, GMAT, or NMAT, and then participate in a Group Discussion and Personal Interview (GD/PI) if shortlisted. Candidates with valid scores in these exams are exempt from IBSAT.
3. Does ICFAI have an entrance exam for MBA/PGDM?
Yes, ICFAI University, Dehradun, conducts its own entrance exam called the ICFAI Business School Aptitude Test (IBSAT) for MBA/PGDM admissions. However, candidates with valid scores in CAT, GMAT, NMAT, or XAT are also eligible and exempt from IBSAT.
4. How can I apply for admission to ICFAI University, Dehradun online?
To apply for admission to the MBA/PGDM program at ICFAI University, Dehradun, online, you need to visit the university’s official website, select the ‘Apply Now’ tab, fill out the application form with all required details, attach a scanned colored photograph, and make the online payment of the application fee. After submission, the university will dispatch the prospectus to you.
In the 2023 placement drive for MBA/PGDM courses at ICFAI University, Dehradun, an impressive 93% of students secured placements. The average salary package stood at INR 6.33 LPA, with the highest international package reaching INR 23 LPA and the highest domestic package at INR 8.65 LPA. The top 10% of students averaged a package of INR 10.44 LPA, while the top 25% averaged INR 8.9 LPA. A total of 58 recruiters participated in the placement process, including notable companies such as Infosys, IBM, HDFC Bank, ICICI Bank, Axis Bank, Berger Paints, Jaro Education, Integreon, Vedantu, and Parsoon Legal.
FAQs in Placements 2023
1. What is the average package for ICFAI MBA?
The average package for MBA students at ICFAI University, Dehradun, in 2023 was approximately INR 6.33 LPA. This figure reflects the overall compensation package offered to the students, indicating a competitive salary structure.
2. Is ICFAI University good for MBA?
ICFAI University, Dehradun, is considered a good option for an MBA due to its strong placement records, industry-relevant curriculum, and the presence of experienced faculty. The university’s alumni are placed in top-notch companies across various sectors, which adds to its credibility.
3. What are the top companies that recruited students from ICFAI University, Dehradun in 2023?
Top companies that recruited students from ICFAI University, Dehradun in 2023 include Berger Paints, Jaro Education, Integreon, Vedantu, and Parsoon Legal. These companies are among the prominent recruiters that participated in the placement drive, offering various roles to the graduating students.
4. Which companies participated in the 2023 placements at ICFAI University, Dehradun?
Several companies participated in the 2023 placements at ICFAI University, Dehradun, including ICICI Bank, HDFC Bank, XL Dynamics, Times of India, Square Yards, Decathlon Sport India, Zycus Infotech, Aditya Birla Health Insurance, and Indifi Technologies. These companies represent a diverse range of industries such as finance, IT, banking, and more.