ICFAI Online MBA: Eligibility, Fees, Admission, Reviews, Placement

Rakshita Agarwal

Rakshita Agarwal


ICFAI  provides two-year Post Graduate Programs in Management with a variety of specialties that are of the highest quality and employment-oriented, ICFAI established the ICFAI Business Schools (IBS) in 1995 in eight sites across India.

ICFAI has sponsored 11 private universities in various States, enabling ICFAI Universities to have a presence across all of India. This is in keeping with ICFAI’s objective of stimulating the expansion of high-quality higher education and improving access, promoting fairness, and encouraging excellence. One of India’s major private university groups is the ICFAI Group.

ICFAI online MBA program combines the organization’s over 30 years of academic excellence in management education, two decades of extensive experience in open and distance learning, flexible distance learning, and eLearning for Management programs, and cutting-edge technological tools with the goal of preparing students for the workplace of the twenty-first century.

The program will be useful to managers and aspiring managers who wish to advance their careers in a dynamic corporate environment while also acquiring business management and leadership abilities.

Also Read: Top online MBA colleges in India

ICFAI Online MBA Course Highlights

University Name

ICFAI University

Year of Establishment


Course Name

Online MBA

Course Duration

2 Years



Fee Structure

INR 2,00,000 for complete course

Eligibility Criteria

Graduation with 50% marks

Approved By


Program Delivery Mode


Admission Drive

January and July

Payment Facility

Loan & EMI

Examination Method

Online Assignment and Online Examination


ICFAI  have a network of 100+ hiring partners

Average Salary Offered

Around 5 lacks

Benefits of Pursuing Online MBA from ICFAI University

  • PersonalizedLearning-The focus of personalized learning is the learner. Each student is encouraged to choose a unique academic path that suits his or her requirements and skills. You may use your preferred platform, such as a smart phone, tablet, laptop, and more, to learn at your own speed while still adhering to the curriculum plan and requirements. 
  • Employability – For the great majority, and maybe more, finding the best job that is available entails being qualified. The ICFAI Online MBA does not offer placement services, but we do help our students acquire the skill set and character traits that will help them thrive in the workplace and in the future.
  • CareerUpgrade-After achieving admirably in their current employment, people frequently experience feelings of elation. This is a common feature of professional advancement. If you can fill the skill gap, whether it be a transition or a promotion, you will be better equipped for the next step. Here is where the ICFAI Online MBA fits. You may work while you learn in this circumstance, which is advantageous.
  • Venture support-What do businesspeople look for? Develop business-scale strategy and procedures. ICFAI Online MBA is prepared to handle these business conundrums. Case studies, discussions with business experts, learning from peers who share your interests, and research projects are just a few of the methods our pedagogy uses to help you realise your entrepreneurial goal

Eligibility of ICFAI online MBA

To be eligible for the ICFAI Online MBA, candidates must meet the following eligibility criteria:

  • Graduate (in any field) from an accredited university in the English language with a minimum GPA of 50%.
  • Applicants whose primary language of instruction is not English are required to submit their TOEFL, NELT, or IELTS score reports.
  • The admissions screening committee will interview each applicant before making a decision. The candidate will be thoroughly evaluated by the selection committee, and their recommendation for admission will be final.

ICFAI online MBA Specializations

ICFAI specialization
  • Finance Management
  • HR Management
  • Marketing Management
  • IT & Operation Management

Admission Procedure at ICFAI online MBA

Given below is the ICFAI online MBA admission process via Online Mode.

Important Documents

  • 10th Class Marks Sheet
  • 12th Class Marks Sheet
  • Degree Marks Sheet
  • Aadhaar Card
  • Latest Photograph with Signature
  • Copy of Passport (Applicable for international students)

Online Mode:

  • Step 1: Go to ICFAI University, Hyderabad’s official website (IFHE)
  • Step 2: On the homepage, pick “Online MBA Program” under the academic heading. The “Centre for Distant and Online Education” will be linked from the page. You can get all the details about ICFAI Online MBA.
  • Step 3: The “Apply Online” link may be found on the same page. Just click it.
  • Step 4: Next, candidates must register by providing information such as their name, mobile number, date of birth, and valid email address.
  • Step 5: After registering successfully, candidates can complete the ICFAI Online MBA application form.
  • Step 6: The following step requires applicants to upload scanned copies of critical documents.

ICFAI Online MBA Fees

ICFAI University Online is effectively charging fair fees for a two-year degree. The university is dedicated to providing top-notch training at an affordable price. Importantly. They charge the same amount for each of their specialties. For two years, ICFAI online MBA program requires a fee of INR 2,00,000 to enroll. This sum includes the exam fee as well as any other costs. 

ICFAI online MBA Payment Options

Fee Structure

Amount in ₹

Admission Fee


Tuition Fee


Total Program Fee



Note: The tuition fee does not include the exam fee.

Payment Options

A) Year-Wise Fee Payment

Amount in ₹

B) Semester-Wise Fee Payment

Amount in ₹

Admission Fee


Tuition Fee – 1st Year


Tuition Fee – 1st Semester


Tuition Fee – 2nd Year


Tuition Fee – 2nd Semester


Tuition Fee – 3rd Semester


Tuition Fee – 4th Semester


ICFAI University Placement Assistance After Online MBA

ICFAI University provides placement assistance to its online MBA graduates through its Career Management Center (CMC). The CMC acts as a bridge between students and potential employers, by providing training, career counseling, and job placement support.

The CMC offers a range of services to help students in their job search, such as resume writing, interview preparation, networking opportunities, and career fairs. The center also helps students to identify their career goals and develop the necessary skills to achieve them.

ICFAI University has tie-ups with various national and international companies across different sectors, which provides students with a diverse range of job opportunities. The university’s alumni network is also quite strong, which offers students access to a vast pool of professionals and potential employers.

It is important to note that while ICFAI University provides placement assistance, the university does not guarantee job placements. Ultimately, the success of a student’s job search depends on various factors such as the student’s skills, experience, and job market conditions.

Some of the well-known companies with whom ICFAI has collaborated are Bajaj capital, HDFC bank, ICICI Bank, Kotak securities, CRSIL, and Tech Mahindra

About ICFAI University Distance Education

ICFAI University’s distance education programs are designed to cater to the needs of working professionals who wish to enhance their skills and knowledge without disrupting their work schedules. The university offers flexible learning options such as online courses, correspondence courses, and weekend classes.

The distance education programs offered by ICFAI University are recognized by the University Grants Commission (UGC) and the Distance Education Bureau (DEB). The university has collaborations with various international universities, which provides students with opportunities for global exposure and cross-cultural learning.

ICFAI University’s distance education programs follow a semester-based system, with examinations conducted twice a year. The university provides study materials and online resources to students to aid their learning process. The programs are designed to provide students with a practical understanding of the subject matter, with an emphasis on real-world applications.

ICFAI University’s distance education programs have a strong focus on industry-relevant skills and knowledge. The university has tie-ups with various organizations and industry bodies, which enables students to gain practical exposure through internships and projects.

ICFAI Online MBA Review

The university's course materials and assessments are excellent, however, passing the exams requires thorough preparation. The staff is quite competent, the information about exams and assessments is given prior 


Absolutely, if you're a working professional who couldn't attend a full-time course due to time constraints. ICFAI has simplified the design of the coverage of all management-related topics. Being a science graduate, I was a little hesitant, but by showing up on time for every semester/exam and diligently studying, I was able to earn a B. Indeed, you may finally enroll in ICFAI.

Vijay Singh

ICFAI's MBA program aided my exploration of management techniques in the aviation industry. My situational awareness and efficiency both improved because of the study content in it. A.M.E. Spice Jet Ltd., Hyderabad's

Saugata Sengupta


"I'm glad I made the proper choice by selecting the ICFAI MBA. Both the teaching and non-teaching personnel gave me their full cooperaten rollThe exam standards are excellen Singherall, and ICFAI experience.

Ishan Dhingra

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Your hard-earned money will be at stake if you are unable to. It’s an excellent idea to study. The ICFAI Distance MBA is too challenging and extensive. Even if you are not working, it is difficult to meet the exam’s minimal passing requirement of 50%.


ICFAI University, Dehradun, was founded by an act of the Uttarakhand State Assembly, and it is approved by the UGC under Section 2(f) of the UGC Act. The MBA program is offered at IBS Dehradun.


An increasingly popular option for students is an online MBA program. Understandably, it is the main course at many colleges and educational institutions across the world.

ICFAI, Hyderabad, offers mediocre placements. The highest package available was in the range of 4 LPA. The average compensation package given to placed students was quite low. Only between 40% and 50% of pupils are placed in college placements.