ICFAI Online MBA 2025: Fee, Admission, Eligibility, Scope, and more

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Jagpreet

23 April, 2025

ICFAI Online MBA 2025: Fee, Admission, Eligibility, Scope, and more

Various research shows that 49% of students on a global level have completed some sort of online learning programme. The industry is expected to reach $370 billion by 2026 globally. Although remote learning opportunities have existed for a long time, they only gained popularity after the pandemic-induced lockdown. The gradual upgradation of online education enhanced the quality of online courses, thereby ensuring their credibility in the job market. ICFAI University is one such reputed university offering the desired programme. ICFAI online MBA degree is UGC-entitled for its high-quality academic content and student support.

The MBA is one of the famous online degrees, with a huge number of enrollments every year. As most of the aspiring MBA candidates are working professionals, quitting their jobs is taxing. For such candidates, pursuing an online MBA course is an ideal choice. The challenge is to find the right college/university. India is home to many highly-ranked institutions offering Online MBAs.

If you are a working professional considering an online or distance MBA degree from ICFAI University, this blog is tailored just for you. We understand the unique challenges and aspirations of individuals like you, and we’re here to guide you through your journey.

ICFAI Online MBA Overview

Mr. N.J. Yasaswy founded the ICFAI Group in 1984 as a not-for-profit institution. Throughout its long history, ICFAI has developed high-end and innovative programmes to empower the future generation. Currently, ICFAI has 11 well-established universities across India in Jaipur, Hyderabad, Dehradun, Tripura, Jharkhand, Raipur, Himachal Pradesh, Sikkim, Mizoram, Meghalaya, and Nagaland. To make its academics relevant to current standards, the university encourages industry collaborations. Guest lectures by industry experts and seminars are an important part of ICFAI’s academic structure.

The group further extended its arms to the Centre for Distance and Online Education (CDOE) to offer programmes in online and distance mode. To make sure that no academic goals are left unchecked from your list, the CDOE provides an interdisciplinary perspective on its online/distance BBA and MBA degrees.

Accreditations and Rankings:


  • UGC-Entitled

  • NAAC A++

  • AICTE Approved

  • AACSB

  • ACU

  • SAQS

  • 39th NIRF Rank (Management Category)

Exploring the Lenghts of ICFAI Online MBA

The ICFAI University online MBA is a two-year fully online programme. It is open to fresh graduates and working professionals who aim to set foot in their management careers. The learning system has been devised to promote the holistic growth of the learners in terms of theoretical and practical experiences. Its 70:20:10 learning model is a unique feature which bridges the gap between offline and online learning. According to this model, 70% of the focus is on job-oriented concepts, 20% on peer learning and 10% on theory.

With an updated curriculum, different electives to choose from and practical work courses, the programme offers an elaborative learning system for students or professionals seeking to expand their career opportunities. The curriculum of the ICFAI online MBA programme uses contemporary technological tools to equip students with 21st-century skills. ICFAI has 4 decades of excellence in management education. Therefore, its multi-format content may give flexibility and quality.

Highlights of ICFAI Online MBA

DetailsInformation
Course Name• Online MBA
• Distance MBA
Course DurationMin 2 years (can be extended up to 4 years)
Fee Structure• INR 2,00,000 (for online MBA)
• INR 80,000 (for distance MBA)
Study ModeOnline/self-paced
Exam ModeOnline
Industry Partners• Bajaj Capital
• HDFC Bank
• ICICI Bank
• Tech Mahindra
• CRISIL
• Kotak Securities
Accreditations and RankingsUGC-DEB, NAAC A++, ACU, NIRF 39th Rank (management category)

Why Choose ICFAI Online MBA?

The ICFAI University’s online MBA programme integrates theory, practice-based world and real-world exposure. Let’s briefly discuss why the ICFAI online MBA is a good choice.


  • Affordable fee structure and scholarships are also offered.

  • Multi-format content and offers flexibility and peer-backed learning.

  • You can upgrade your career in an easily accessible way.

  • It offers effective, convenient and rewarding knowledge.

ICFAI Online MBA Fee Structure

As the facilities for online and distance MBA programmes are different, the fee structure also differs. Here’s a glimpse of the online MBA fee structure at ICFAI: 

ICFAI Online MBA Fees

Here, you can see the fee structure with programme fees and admission fees.

DetailsFee (INR)
Programme FeeINR 1,80,000
Admission FeeINR 20,000
Total FeeINR 2,00,000

ICFAI Distance Education MBA Fees

Check out the fee structure for the ICFAI distance MBA offered by the Dehradun campus. There are 2 options in which you can pay the fees. The detailed fee structure is given in the table below.

✅ Module-wise Fee Payment (Option 1)

ParticularsFee (INR)
Admission FeeINR 5,000
Program FeeINR 20,000
TotalINR 25,000

✅ Full Fee Payment (Option 2)

ParticularsFee (INR)
Admission FeeINR 5,000
Program Fee (All 4 Modules)INR 60,000
TotalINR 65,000

📌 Note: You can pay the fee through credit card/debit card/internet banking or bank demand draft.  Scholarships for ICFAI Online MBA Students With the aim of encouraging meritorious, ICFAI offers exclusive scholarship opportunities to deserving candidates.

For Defence, Paramilitary and Police Personnel:

Those of you who are currently in service or are retired are eligible for this scholarship. Even the spouses and children of defence personnel can avail of this benefit. Under this, the semester fee will be adjusted according to the scholarship amount.

Merit Scholarship:

Based on your past academic records, including class 12th and graduation percentage. Apart from this, those of you who score highest in the formative assessment and semester-wise performance (based on CGPA).

ICFAI Online MBA Subjects

Here is the updated syllabus semester-wise. The course duration is 2 years that spans 4 semesters.

Semester 1Semester 2
Management and Organisational BehaviourBusiness Analytics
Foundations of Accounting and FinanceBusiness Environment
IT for ManagerEconomics for Business
Operations ManagementHuman Resource Management
Marketing ManagementBusiness Communication
Semester 3Semester 4
Business Policy and StrategyInternational Business
Leadership and Change ManagementManagement Control Systems
Elective IBusiness Ethics and Corporate Governance
Elective IIElective IV
Elective IIIElective V
Elective VI
Entrepreneurship Practicum or Research Project
Semester 3 ElectivesSemester 4 Electives
Financial ManagementInternational Finance
Global Financial MarketsFinancial Services
Strategic Finance and Corporate RestructuringInternational Marketing
Wealth ManagementIntegrated Marketing Communications
Services ManagementRetail Management
Strategic Marketing ManagementOrganisation Development
Sales and Distribution ManagementStrategic Human Resource Management
Recruitment, Training and DevelopmentHR Analytics
Performance Management and Reward SystemsHuman Resources Planning and Audit
SMACS Technologies for BusinessSupply Chain Management
Services Operations ManagementBig Data, Cloud and Analytics

Learning Pedagogy at ICFAI Online MBA

ICFAI has an eLearning online platform which provides access to multi-format content. It is a collaboration between teachers and students that features discussion forums, blogs, virtual sessions, and chats. Here are some of the learning objects you get:

Learning ResourcesLearning Resources
🔹 Course Intro Videos🔹 Case Video
🔹 Faculty Video Lectures🔹 PEP Video
🔹 Glossary🔹 Workout Videos
🔹 Engaging Exercise🔹 Blog
🔹 Live Sessions🔹 eLearning Material
🔹 Case Book🔹 PEP Notes
🔹 Work Book

Learning Pedagogy at ICFAI Online MBA

Examination Method of ICFAI Online MBA

In the ICFAI online MBA programme, you may be evaluated through formative and semester-end examinations. The formative assessment carries 30% weightage, and final semester exams carry 70% weightage. All the exams in this course is conducted online only. To get the degree, you must complete the evaluation criteria of all the subjects in a maximum of four years. The minimum CGPA required is 5.5 for the award of a degree.

Who can apply for the ICFAI Online MBA Programme?

To apply to the ICFAI University online MBA programme, you just fulfil the below-mentioned eligibility criteria:

For Online MBA


  • Bachelor’s degree in any discipline with 50% aggregate or above marks from a recognised university.

  • The graduation medium should be English.

  • If you have completed your graduation in a medium other than English, you have to submit the IELTS/TOEFL/NELT scores.

  • Pass the selection process, which consists of a micro-presentation and personal interview.

ICFAI Distance Education MBA Eligibility


  • A graduate with 50% marks or above in any discipline from a recognised university.

ICFAI Online MBA Placements

ICFAI University has a vast industry network which facilitates career services elements for online MBA students. There are student clubs, career counselling services, an industry interface, mentorship sessions, and a personal development plan. Based on the insights of your profile and performance, you will be given regular feedback along with counselling.

ICFAI Online MBA: Top Hiring Partners


  • Bajaj Capital

  • Bharti Airtel Services

  • Capital First

  • Coffee Day Global

  • CRISIL

  • Edelweiss Financial Services

  • HDFC Bank

  • ICICI Bank

  • Infoedge India

  • Pantaloons Fashion

  • Tech Mahindra

Career Prospects After ICFAI Online MBA

Here, you can see the job roles with their average salary range after completing an online MBA from ICFAI university.

Job RolesAverage Salary Range (INR)
Financial AdvisorINR 6.7 LPA – 19 LPA
Marketing ManagerINR 6.7 LPA – 20.6 LPA
Global Operations ManagerINR 7.7 LPA – 25 LPA
Business AnalystINR 6.7 LPA – 23 LPA
IT ManagerINR 9 LPA – 21 LPA
HR ManagerINR 7 LPA – 18 LPA
Market Research AnalystINR 8.8 LPA – 26 LPA
Product ManagerINR 7.8 LPA – 27 LPA
Project ManagerINR 11 LPA – 20 LPA
Financial ManagerINR 9 LPA – 23 LPA
Investment BankerINR 12 LPA – 20 LPA

Source: AmbitionBox and Glassdoor

Bottom Line

In essence, ICFAI University’s Online MBA programme stands as a testament to the institution’s unwavering commitment to excellence, innovation, and the holistic development of its students, making it a standout choice for those aspiring to excel in the dynamic world of management. Therefore, you can go for this online and distance MBA course as it is flexible, affordable and accessible. The education offered is qualitative and under current industry standards. Choose the best course that suits your career goals. All the Best!

FAQs

Q1. Is ICFAI online MBA valid?

Yes, the ICFAI online MBA is valid and accepted in the employment sector since it is recognised by UGC-DEB.

Q2. Is ICFAI distance MBA valid?

ICFAI’s distance and online MBA both are UGC-DEB approved, which means they are valid in all spheres.

Q3. What are the eligibility criteria for the ICFAI Online MBA?

You must have completed your bachelor’s degree from a recognised university with 50% or above marks. Candidates from a medium other than English have to submit a TOEFL/NELT/IELTS score.

Q4. What is the fee structure for the ICFAI Online MBA?

The full course fee for the ICFAI online MBA is INR 2,00,000. However, it offers instalment plans too. You can visit the website for further details.

Q5. What are the placements for ICFAI Online MBA?

ICFAI helps in building a student portfolio and provides career counselling services. It also has a strong industry network.

Q6. Are there any entrance exams required for the ICFAI Online MBA?

No, you don’t need to appear for any entrance exam to enrol in ICFAI online MBA degree.

Q7. Which course is ICFAI famous for?

ICFAI is highly recognised for its MBA programme in online, offline and distance education modes.

Q8. Does ICFAI accept CAT scores?

Yes, ICFAI accepts CAT scores for its offline MBA course.

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