MBA

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Particulars MBA Program
Last Date for Submission of Completed Application Form July 18, 2023
Interview and Admission Decision July 24, 2023
Last Date for payment of admission fee July 28, 2023
Reporting at the ICFAI University for submission of certificates and verification by producing originals and registration July 28, 2023
Payment of First Semester Fee July 28, 2023
Commencement of Preparatory Classes July 31 - August 4, 2023
Commencement of Regular Classes August 7, 2023

Master of Business Administration (MBA Program)

The MBA Program of the University prepares the students with the knowledge, skills and strategic perspectives essential to business leadership and a managerial career in the world. The MBA Program is designed to provide both a portfolio of strong functional skills and the ability to apply, adapt and integrate those skills in different management settings.

Duration :

Two years

Eligibility :

Pass in Graduation in any discipline with 45% and above aggregate marks.
Final year degree students awaiting results are also eligible to apply.

Program Structure :

The MBA Program is organized into 4 semesters in two years. There are 30 courses including soft skills. Students are additionally required to go through an internship and two management theses.

Elective Streams :

During 7th semester, students are exposed to elective courses in their respective area of specialization. The actual offering of electives will however, depend on optimal number of students opting for the same elective.

Marketing :

Integrated Marketing Communication, Services Marketing, International Marketing, Sales & Distribution Management, Marketing Research, B2B Marketing, Consumer Behavior, Retail Management, Strategic Marketing Management, Customer Relationship Management, Brand Management;

Banking :

Money & Banking, Credit Management, Central Banking, Commercial Banking, Overview of Banking, Banking Services Operations, Rural Banking & Microfinance, Corporate Banking, Small and Medium Enterprises Banking;

Insurance :

Life Insurance, General Insurance, Risk and Insurance, Claims Management, Underwriting Management;

Finance :

Strategic Financial Management, Security Analysis, Project Management, Management of Financial Institutions, Financial Risk Management;

HRM :

Performance Management & Reward Systems, Training & Development, Leadership Skills & Change Management, Strategic HRM l Employment Laws, Managing Knowledge Workers, Corporate Communications, Human Resource Planning;

IT & Systems :

e-Business, Software Engineering & Quality Management, System Analysis & Design, Java Application Development, IT Enabled Services, Relational Database Management Systems, Data Warehousing, Data Mining;

Accounting :

Advanced Management Accounting, Advanced Financial Accounting;

Investments :

Security Analysis, Portfolio Management and Mutual Funds, Personal Financial Planning, Wealth Management, Investment Banking and Financial Services.

MBA Program Structure
Year Semester - I Semester - II
I Marketing Management - I Marketing Management - II
Quantitative Methods Financial Management - II
Financial Management Operations Management
Organizational Behavior Human Resource Management
Managerial Economics Macro-Economics & Business Environment
Information Systems for Managers Business Research Methods
Accounting for Managers Enterprise-wide Information Systems
Business Communication Legal Environment of Business
- Soft Skills Lab - I
Summer Internship
Year Semester - III Semester - IV
II Management Control Systems Business Ethics & Corporate Governance
Business Strategy - I Business Strategy - II
Elective - I Elective - V
Elective - II Elective - VI
Elective - III Elective - VII
Elective - IV Elective - VIII
Soft Skills Lab - II Management Thesis - II
Management Thesis - I -

Electives :

The students are encouraged to choose eight courses from eight elective streams viz., Marketing, HRM, Finance, Banking, Investments, Insurance, Accounting and IT & Systems. Students will have the flexibility in choosing more than one course from these elective streams. Students will also have the facility for dual specialization. Elective courses will be offered subject to a minimum number of students enrolling for a particular elective course.

Admission Modalities

The Admission Modalities are with reference to the campus-based programs offered by the ICFAI University Meghalaya at Tura & Shillong campuses. The medium of instruction is English.

Eligibility:

Pass in Graduation in any discipline from a recognized University with at least 45% marks. Final year degree students awaiting results are also eligible to apply.

For the purpose of determining eligibility based on aggregate percentage of marks, the procedure used by the respective university in award of the degree will only be taken into consideration. All applicants should have completed a minimum of 15 years of formal schooling by July 18th , 2023. Applicants who have completed their graduation on a one-time sitting basis or on a 2-year basis are not eligible for admission to the MBA / M.Com / MTTM / MCA / MA Programs.

Students in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements including practical examinations/viva assignments before July 18th , 2023. Such applicants will have to produce a certificate to that effect at the time of admission. The admission of applicants will, however, remain provisional until they produce mark sheets and a degree certificate establishing their eligibility. The registration of the candidates not meeting the criteria / non-submission of graduation transcripts by September 15th , 2023 will be cancelled and admission fee will be forfeited and only 50% of the semester fee will be refunded after notifying the cancellation of the seat by the University.

Spot admission will be given to deserving students.

Admission Criteria :

  • The selection of applicants into the Program is made through screening of application and interview. While evaluating students for admission, due weightage is given to their academic distinction, awards in sports/cultural events, debates, quizzes and other extra co-curricular activities.
  • Original certificates and Domicile certificate should be produced for verification at the time of payment of first semester fee. The original certificates will be returned after verification.

Special Reservation :

  • There shall be a special provision for admission of students belonging to the State of Meghalaya in any course of ICFAI University, Meghalaya, which shall not be less than 25 (twenty-five) per cent of seats in each course / discipline subject to the students meeting the minimum qualifying requirements referred to above.
  • Seats remaining unfilled under special reservation may be filled up by allotting the same to students belonging to Open Category.

Application Modalities

Guidelines on how to Complete the Application Form :

The applicants are advised to read the guidelines carefully before completing the Application Form for Admission.

Application Form :

  1. Please make sure that you meet the eligibility criteria before filling up the form.
  2. Fill the Application Form in Capital Letters.
  3. Provide all the available information under appropriate sections.
  4. Make sure to sign the Application Form.
  5. Retain a photocopy of the completed Application Form.
  6. DD for Rs. 300.

Attested Copies of Certificates :

Applicants have to enclose attested copies of the following certificates (Attestation should be done by any Gazetted Officer/Principal of the College).

  • Date of Birth Certificate/Class X Certificate.
  • Marksheet of Class XII/Degree certificate (as may be applicable).
  • Domicile Certificate.
  • Any other certificates pertaining to academic and other activities.
  • Please paste your recent passport size colour photograph on the Application Form given on next page.

Submission of Application Form :

The completed Application Form for Admission along with a Demand Draft for Rs. 300 (drawn in favour of ‘The ICFAI University, Meghalaya - Fee Collection A/c’) may be submitted to:

The Admissions Officer,
The ICFAI University, Meghalaya,

Tura Campus :
Danakgre,(Near BSF Camp), PO Araimile,
Phone : 9612885981, 8014241976
E-mail : admissions@iumeghalaya.edu.in
Website : www.iumeghalaya.edu.in
Shillong Campus :
Phawa Ville
Near Shillong Law College,
Dhankheti, Meghalaya.
Phone : 0364-2220057, 9485158603, 8794250646
E-mail : admissions@iumeghalaya.edu.in
Website : www.iumeghalaya.edu.in

Fee Schedule

Admission Fee :

Admission Fee of ₹12,000 for PG Programs is to be paid by all the selected candidates immediately after the admission decision is announced.

*Foreign students have to pay an admission fee of ₹14,000 for PG Programs. The last date for payment of admission fee is July 28, 2023.

Caution Deposit (Refundable):

Students have to pay Rs. 5,000 for PG Programs as Caution Deposit along with the first installment of Program Fee. The Caution Deposit will be refunded without interest after adjusting for dues, if any, to the students on completion of the Program.

Program Fee :

Students have to pay the program fee at the beginning of each semester, as per the due dates which will be indicated in the Student Handbook. The first semester fee is to be paid on or before July 28, 2023.

Programs
Processing fee / Admission fee
(in Indian Rupees)
FEE per annum (In Indian Rupees)
Domicile Non- Domicile International Domicile Non-Domicile International
MBA
(4 semesters)
48,500 59,500 75,000 1,94,000 2,38,000 3,00,000

Note : All payments should be made by way of Demand Draft in favor of "The ICFAI University, Meghalaya - Fee Collection A/c" payable at Tura / Shillong, Meghalaya.