ICFAI Online MBA: Programs, Fees, Eligibility, Admission 2025 & Placements

The ICFAI Foundation for Higher Education (IFHE) is a Deemed University which offers a 2-year Online Master of Business Administration (MBA) course through its Centre for Distance & Online Education (CDOE). The ICFAI University Online MBA program is available in several different specialisations like Human Resource Management, Marketing, and others. Moreover, the overall ICFAI Online MBA fees is Rs. 2,00,000/-.

The Online MBA course offered at the ICFAI Online is approved by University Grants Commission (UGC-DEB) and AICTE. In addition to this, the online Institution has been ranked at 39^th position in the ‘Management’ category, as per NIRF 2024. Moreover, students can access case videos, live faculty sessions, bullet notes, etc. through the Learning Management System (LMS).

Some of the reasons for the students to choose ICFAI Online for pursuing an Online MBA course are as follows:

• Elective Options: At ICFAI University Online, students can select 3 electives each in both 3^rd and 4^th semester as per their choice out of more than 10 options.
• Career & Placement Support: The online Institution provides career guidance and support so that students can achieve top-notch ICFAI Online MBA placement opportunities.
• Mentoring Sessions: Students enrolled in the ICFAI Online MBA course can interact with the experienced faculty members through the mentoring / counseling sessions.
• 24/7 Learning Resources: Through a robust LMS, students can learn at their own pace as numerous academic resources are available round the clock.
• Industry-Focused Curriculum: The online Institution has designed the curriculum of the Online MBA course as per the in-demand industry requirements to enhance the career prospects of the students.

ICFAI Online offers MBA programs in the following specialisations:

• Finance
• Marketing
• Human Resource Management
• IT & Operations

An Online MBA is one of the most widely-chosen ICFAI Online Courses which is available in around 4 specialisations. Moreover, the credit points of the ICFAI Online MBA course are 94.

The details of the Online MBA specialisations available at ICFAI University Online are as follows:

• ICFAI Online MBA in Finance

The ICFAI Online MBA program in Finance specialisation imparts in-depth knowledge about several factors for the students such as Global Financial Markets, Strategic Finance & Corporate Restructuring, and others.

Students can explore various career opportunities across industries, some of the job roles include Chief Financial Officer, Portfolio Manager, Risk Manager, and the list goes on.

• ICFAI Online MBA in Marketing

The Marketing specialisation under the ICFAI University Online MBA course equips students with adequate knowledge regarding aspects like Strategic Marketing Management, Services Marketing, etc.

Few of the job opportunities for the graduates of the aforementioned online course are Product Marketing Manager, Marketing Analyst, SEO Manager, and so on.

• ICFAI Online MBA in Human Resource Management

The curriculum of the ICFAI Online MBA in Human Resource Management facilitates students with comprehensive knowledge about HR Analytics, Human Resource Planning & Audit, and several other aspects.

After qualifying the course with requisite marks, students have ample career options with attractive salary packages including HR Manager, Staffing Director, Chief Human Resource Officer, etc.

• ICFAI Online MBA in IT & Operations

Students enrolled in the Online MBA course in IT & Operations specialisation at ICFAI Online can learn in detail about Services Operations Management, Big Data, Cloud & Analytics, and multiple other aspects.

Graduates have several potential career opportunities such as IT Project Manager, Operations Manager, Quality Assurance Analyst, and so on.

The per semester ICFAI Online MBA fees is Rs. 45,000/- (tuition fees) and the overall program fee that is to be paid by the students (including admission charges) is Rs. 2,00,000/-. Moreover, students can opt for either semester-wise or year-wise option to pay the course fee.

Note: It is to be noted that students can pay the course fee through Credit / Debit Card, Bank Demand Draft, etc. at ICFAI Online.

* Examination fee is not included in the above-mentioned fees. Moreover, to know more about the Online MBA fees in ICFAI, students can contact the authorities through the online Institution’s official website.

Students must have completed an undergraduate degree with aggregate 50% marks in any discipline from a recognised University with English (medium of instruction) to qualify the ICFAI Online MBA eligibility criteria. In addition to this, students who have qualified an UG degree with any other medium of instruction will have to submit their score reports of TOEFL / NELT / IELTS.

* Working professionals, graduates, and Indian & Foreign students are eligible to apply if they qualify the above-mentioned eligibility criteria.

To obtain admission in the ICFAI University Online MBA program, students can follow the below mentioned step-by-step admission procedure:

• Step 1: Students will have to visit the official website of the online Institution to apply for the ICFAI Online MBA course, i.e., ‘online.ifheindia.org’.
• Step 2: Followed by, students must click on the ‘Apply Online’ option available on the homepage to proceed further.
• Step 3: Afterwards, students will have to fill the application form with requisite details after successful registration.
• Step 4: After entering all the details in the form, students must upload the self-attested mandatory documents in the prescribed format and then they can submit the form.
• Step 5: Followed by, students will have to undergo an online selection process which consists of personal interview and micro presentation.
• Step 6: Students will have to pay a selection process fee of Rs. 1000/- (non-refundable) and then they can book a convenient slot for the same.
• Step 7: Post selection, students must pay the prescribed admission fee to confirm their enrollment.

* It is to be noted that the selection process charges will be adjusted in the admission fee after successful selection. Moreover, ABC and DEB ID’s are mandatory for the students to successfully secure admission.

The online Institution offers scholarships under several categories for the students enrolled in the ICFAI Online MBA course like Defence / Paramilitary / Police Personnel (in service or retired) and Merit-Based (Class 12^th and Graduation marks).

* It is to be noted that students enrolled in the ICFAI University Online MBA course can also avail merit-based scholarship if they score high marks in the formative assessment or end-semester exams.

The common curriculum of the ICFAI Online MBA course and the elective options available for the students are as follows:

• Semester 1: Management and Organization Behavior, Business Analytics, Foundations of Accounting & Finance, Business Environment, IT for Managers.
• Semester 2: Economics for Business, Operations Management, Human Resource Management, Marketing Management, Business Communication.
• Semester 3: Business Policy & Strategy, Financial Management, Elective Core Subjects.

• Semester 4: Management Control Systems, Business Ethics & Corporate Governance, Entrepreneurship Practicum / Research Project, Elective Core Subjects.

* Students should note that they can choose a total of 6 electives from the aforementioned list, i.e., 3 each in both 3^rd and 4^th semester.

The ICFAI Online conducts online examinations using the proctored methodology. In addition to this, to evaluate the overall knowledge of the students the online Institution conducts continuous assessments and end-semester exams which carry 30% and 70% marks, respectively.

The students completing the online course with requisite marks will receive an ICFAI Online MBA certificate. In addition to this, the certificate issued by the online Institution shows the dedication of the students towards their chosen discipline.

The sample certificate of the ICFAI University Online MBA course is as follows:

The online Institution has a dedicated cell that provides Career & Placement Support for the students to help them navigate various employment opportunities. Moreover, students can enhance their interview and communication skills through the ICFAI Online Placement assistance by attending various workshops.

Some of the pre-placement activities organised at ICFAI University Online are as follows:

• Career Advancement Workshops
• Webinars
• Resume Building Sessions
• Mock Interview
• Career Counseling

The alumni of the online Institution are working in multiple prestigious companies like HCLTech, IndianOil, ICICI Bank, TCS, SBI, and the list goes on with numerous others.