ICFAI Online MBA: Build a Strong Foundation for a Successful Management Career
ICFAI Online MBA is a 2-year post-graduation programme in management which is ideal for fresh graduates as well as working professionals who wish to develop good business and management skills without quitting their current employment. ICFAI’s Center for Distance and Online Education (CDOE) provides this online learning programme, which is a blend of theoretical knowledge, practical experience, peer learning, and industrial concept-based programme.
The unique 70:20:10 model of learning has been incorporated into this programme whereby 70% of the emphasis would be on job oriented concept learning, 20% of peer learning and 10% of theoretical learning. The objective of incorporating this model is to cover the gap between academic learning and business requirements.
ICFAI Online MBA: Course Highlights
| Particulars | Details |
|---|---|
| Course Name | Online MBA |
| Course Duration | 2 Years |
| Maximum Duration | Up to 4 Years |
| Number of Semesters | 4 |
| Learning Mode | Online / Self-Paced |
| Exam Mode | Online |
| Approvals & Accreditations | UGC-Entitled, NAAC A++, AICTE Approved, AACSB, ACU, SAQS |
| NIRF Ranking | 39th Rank – Management Category |
| Eligibility | Bachelor’s Degree with minimum 50% marks |
| Programme Fee | ₹ 1,80,000 |
| Admission Fee | ₹ 20,000 |
| Total Fee | ₹ 2,00,000 |
What is the ICFAI Online MBA?
The ICFAI Online MBA program is a postgraduate management course that integrates basic knowledge with practice and industry-oriented training. This program has been designed for learners who seek management skills along with their personal and professional commitments.
The course includes introductory courses like management & organizational behavior, finance and accounting, IT for managers, operations management, and marketing management. Later on, students will learn about topics like business analytics, economics, human resource management, business strategy and leadership, international business, and management control systems.
In addition to this, the course includes a variety of elective courses on topics like finance, marketing, human resources, operations, supply chain management, analytics, and international business.
Why Choose ICFAI Online MBA?
Selecting the best online MBA program is critical for students as well as professionals who want to gain additional management knowledge while remaining flexible. The ICFAI Online MBA program offers some attributes that make it relevant for students who prefer career-oriented management education.
Study at a Reputed Institution
ICFAI Group was started in 1984 by Mr. N.J. Yasaswy as a non-profit institution. Over the years, the organization has created management-oriented programs as well as universities in different regions of India.
Flexible Online Learning Program
The program involves online learning where the learners have access to learning resources through different media. This program makes it easier for working professionals as well as other students who require flexibility in learning.
Multi-Format Learning Resources
The students can access faculty video lectures, live sessions, case studies videos, e-learning material, discussion groups, blogs, exercises, workbooks and other digital learning resources from the website of the university.
Key Features of the Programme
ICFAI Online MBA course integrates academic knowledge with practical experience and digital learning tools. Its prominent characteristics include the following:
Job-Oriented Learning
One of the most prominent aspects of the course lies in the job-oriented nature of learning concepts that aid learners in understanding how management concepts are applied practically.
Electives
Learners may choose from a wide range of specialized electives in areas like financial management, international finance, strategic marketing, human resource management, supply chain management, business analytics, and international business.
Digital Learning Approach
The learners are provided with an e-learning platform which includes live sessions, video lectures, case studies, digital learning aids, blogs, exercises, and discussion forums.
Peer and Industry-based Learning
The learning approach adopted includes peer learning, industry learning, seminars, guest lectures, and practical exposure to business practices.
ICFAI Online MBA Syllabus
Semester 1
- Management and Organisational Behaviour
- Foundations of Accounting and Finance
- IT for Manager
- Operations Management
- Marketing Management
Semester 2
- Business Analytics
- Business Environment
- Economics for Business
- Human Resource Management
- Business Communication
Semester 3
- Business Policy and Strategy
- Leadership and Change Management
- Elective I
- Elective II
- Elective III
- Entrepreneurship Practicum or Research Project
Semester 4
- International Business
- Management Control Systems
- Business Ethics and Corporate Governance
- Elective IV
- Elective V
- Elective VI
How Are Exams Conducted?
ICFAI Online MBA is assessed through an online system that has formative assessments and end-of-semester examinations. The formative assessments have weightage of 30%, whereas the end-of-semester examinations have 70% weightage.
These exams are conducted in an online mode. The candidates need to successfully satisfy the examination requirements in all the subjects within four years period. A CGPA of at least 5.5 is necessary to obtain the degree.
Skills You'll Develop
The ICFAI Online MBA programme focuses on developing management, analytical, strategic, communication, and leadership skills that can be applied in different business environments.
Upon completion of the programme, students can develop knowledge and skills in:
- Management and organisational behaviour
- Business analytics and data interpretation
- Financial management
- Marketing management
- Human resource management
- Operations and supply chain management
- Strategic decision-making
- Business communication
- Leadership and change management
- International business
- Entrepreneurship
- Management control and corporate governance
Eligibility Criteria
To apply for the ICFAI Online MBA programme, candidates must have a bachelor’s degree in any discipline with a minimum of 50% aggregate marks from a recognised university.
The graduation medium should be English. Candidates whose graduation was completed in a medium other than English are required to submit IELTS, TOEFL, or NELT scores.
Applicants are also required to qualify for the selection process, which includes a micro-presentation and a personal interview.
ICFAI Online MBA Examination Pattern
Using the online facility students can register themselves for each subject for their Computer Based Test (CBT).
The examination pattern of the MBA program is divided into four modules (Module I, Module II, Module III, and Module IV).
Question paper format includes Multiple Choice Questions (MCQs), and CBT patterns. Every year ICFAI conducts MBA exams four times in the months of January, April, July, and October. On www.iusikkim.edu.in/dlp, students can get the details of all CBT exam centers.
At their convenience students can select their exam centers and time slot, and register themselves for their examination.
Admission Process
Admission for ICFAI Online MBA is possible through the university’s online admission system.
Step 1: Online Registration
Candidates should register online to begin the process of admission.
Step 2: Fill Application Form
Applicants will have to enter their personal, academic and other relevant information on the application form.
Step 3: Submit Necessary Documents
Applicants are required to submit educational and identification documents for admission.
Step 4: Participate in Selection Procedure
Eligible applicants will have to go through the selection process that will include a micro presentation and a personal interview.
Step 5: Pay the Fees for the Program
Once the candidates complete all admission formalities, they can pay the fee for the program and admission.
Step 6: Get Admission Confirmed
After admission is confirmed by the university after verification, students can commence their study program via the university’s digital learning platform.
Placement Support & Career Services
ICFAI University offers career-oriented assistance for online MBA students through different career development activities. The industry connect of ICFAI University helps the students with career counseling, industry connect, mentorship, club activities, and personal development plans.
The students will be able to get counseling according to their profile and performance along with feedback.
Recruitment Partners
ICFAI University has a list of industry contacts consisting of various organisations working in areas like finance, banking, technology, consultancy, etc. Some of the hiring partners have been listed below:
- Bajaj Capital
- Bharti Airtel Services
- Capital First
- Coffee Day Global
- CRISIL
- Edelweiss Financial Services
- HDFC Bank
- ICICI Bank
- Infoedge India
- Pantaloons Fashion
- Tech Mahindra
Such industrial links may offer various career options to students within various management and business domains.
Placement Highlights
The career support system within ICFAI University consists of industry contacts, career guidance, mentoring, student clubs, and personal development planning, among others. Such efforts are aimed at helping the learners develop their professional capabilities and take up career options.
The institution also gives access to an industry network which comprises of various organisations like HDFC Bank, ICICI Bank, Tech Mahindra, CRISIL, Bajaj Capital, and many more.
Career Prospects After ICFAI Online MBA
After pursuing an Online MBA programme from ICFAI, the graduates can avail themselves with various career prospects within the domains of finance, marketing, operations, human resources, business analytics, IT, project management, etc.
Some of the job profiles after ICFAI Online MBA include:
| Job Role | Average Salary Range |
|---|---|
| Financial Advisor | ₹6.7 LPA – ₹19 LPA |
| Marketing Manager | ₹6.7 LPA – ₹20.6 LPA |
| Global Operations Manager | ₹7.7 LPA – ₹25 LPA |
| Business Analyst | ₹6.7 LPA – ₹23 LPA |
| IT Manager | ₹9 LPA – ₹21 LPA |
| HR Manager | ₹7 LPA – ₹18 LPA |
| Market Research Analyst | ₹8.8 LPA – ₹26 LPA |
| Product Manager | ₹7.8 LPA – ₹27 LPA |
| Project Manager | ₹11 LPA – ₹20 LPA |
| Financial Manager | ₹9 LPA – ₹23 LPA |
| Investment Banker | ₹12 LPA – ₹20 LPA |
