ICFAI Foundation for Higher Education

About ICFAI Foundation for Higher Education

Established in 1984, the ICFAI Foundation for Higher Education (ICFHE) is headquartered in Hyderabad. It has expanded its educational services to include courses in both the traditional offline format and the entirely online and distance learning formats. Particularly in the realm of finance, ICFAI is a highly esteemed and distinguished organisation that provides higher education. Additionally, it has been approved by statutory bodies such as UGC-DEB, NAAC (A+), NIRF (Rank 27), ACU, and others.

A completely online MBA course is offered by ICFAI to students. Through the university's multifaceted learning facilities, the online MBA course is available with four specialisations. Besides offering an LMS and virtual course materials, the university also offers a variety of other learning facilities, such as interactive assessments, insightful projects, assignments, discussion sessions, and engagement exercises.

Industry-relevant and practically oriented, the online MBA at ICFAI is designed to satisfy the current requirements of the industry and give students a competitive advantage to succeed in their careers. While adhering to the principle of promoting equity in education, they also offer students the opportunity to receive fee concessions and scholarships.

ICFAI's innovative learning pedagogy, faculty, and course curriculum are designed to enhance students' proficiency and management skills through the intelligent application of technological tools that facilitate the dissemination of education.

ICFAI Foundation for Higher Education Courses & Fees

Courses	Duration	Fees	Seats
MBA	2 Years	17.01 Lakhs	-
Executive MBA	1 Year 9 Months	5.25 Lakhs	-
Ph.D Management	4 Years	5.2 Lakhs	-

MBA

The ICFAI Foundation for Higher Education provides a comprehensive MBA program that is specifically designed to provide students with industry-relevant knowledge and strong managerial skills. The curriculum emphasises the cultivation of leadership, decision-making, and problem-solving skills. It encompasses critical subjects, including finance, marketing, operations, and human resource management, through its comprehensive curriculum. The program prioritises practical learning through apprenticeships, projects, and case studies. Additionally, the MBA program at ICFAI offers specialisations, which enable students to customise their education to align with their professional objectives. The university is an exceptional alternative for aspiring business professionals due to its state-of-the-art infrastructure and experienced faculty, which create a dynamic learning environment.

Approval Body & Accreditation

ICFAI Foundation for Higher Education Admission Process

IBSAT 2024

IBSAT is an online aptitude test conducted by the ICFAI Foundation for Higher Education (a deemed to be a University under Section 3 of UGC act 1956), for students seeking admission to the MBA/PhD programs of IBS Bengaluru and IBS Hyderabad.

IBSAT is a computer-based test (CBT) that consists of multiple-choice questions. IBSAT is of 2 hours duration and is aimed at testing the applicant's ability in quantitative tecgniqques, data interpretation, data adequacy, vocabulary, analytical reasoning and reading comprehension.

GMAT/NMAT by GMAC/CAT/XAT scores (from 2022 onwards) are also accepted in place of IBSAT 2024. Candidates with GMAT, NMAT by GMAC, CAT and XAT scores are exempted from IBSAT 2024.

Selection Process

Candidates who have qualified based on IBSAT 2024/GMAT/NMAT by GMAC/CAT/XAT score are called for the selection process.

This process is scheduled to take place from February 15th to 24th, 2025, at the IBS Hyderabad campus in Hyderabad.

The selection process comprises of Micro Presentation and Personal Interview.

Admission Decision

The final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview.

ICFAI Foundation for Higher Education Placement Partners

The ICFAI Foundation for Higher Education has forged robust industry partnerships with a number of distinguished organisations to facilitate student placements. Major corporations from a variety of sectors, including finance, engineering, IT, and consultancy, are among the key recruiters. Deloitte, Infosys, TCS, Wipro, and ICICI Bank are among the most prominent recruiters, guaranteeing a diverse array of career prospects. The Career Management Centre of the institute collaborates with these organisations to provide internships and full-time positions that are consistent with the career goals of its students. The institution's industry-aligned training and placement-focused programs have consistently resulted in high placement rates, as many students secure positions in finance, technology, management, and consulting.