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The MBA Program prepares the students with the knowledge, skills and strategic perspectives essential to business leadership and a managerial career in the competitive world.

  • Business Analytics
  • Digital Marketing
  • HRM
  • Finance
  • Entrepreneurship

Admission Calender
Last Date for submission of completed Application Form Friday, 26 July 2024
Reporting for Interview, submission of certificates and verification by producing originals Friday, 26 July 2024
Admission Decision after scrutiny of documents Tuesday, 30 July 2024
Commencement of Classes Thursday, 01 August 2024

The program covers 28 courses apart from soft skills and management theses spread over 4 semesters in 2 years. Students are also required to undergo a summer internship program of 10 weeks.

Program Structure
Year Semester - I Semester - II
Year-I Marketing Management Financial Management
Human Resource Management Strategic Marketing Management
Quatitative Methods Operations Management
Organizational Behavior Money and Banking
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 Program
Year Semester - III Semester - IV
Year-II Management Control Systems Business Ethics & Corporate Governance
Business Strategy Soft Skill Lab-II
Management Thesis-I Management Thesis –II
Product & Brand Management Marketing Research Elective-V
Digital And Services Marketing Elective-I Consumer Behaviour Elective-VI
Sales Logistics and Retail Management Elective-II Leadership Skills and Change Management (HR) Elective-VII
Training & Development (HR) Elective-III Corporate Communications (HR) Elective-VIII
Strategic HRM (Hr) Elective IV Portfolio Management & Mutual Funds (Fin) Elective-VII
Project Management (Fin) Elective-III Financial Risk Management (Fin) Elective-VIII
Investment Banking & Financial Services -
(Fin) Elective IV -


Marketing: Integrated Marketing Communication, Digital & Services Marketing, International Marketing, Sales Logistics & Distribution Management, Marketing Research, B2B Marketing, Consumer Behaviour, Retail Management, Advertisement And Media Management, Customer Relationship Management, Digital Marketing.

Banking & Insurance: Banking Services and Management, Credit Management, Central Banking, Commercial Banking, Overview Of Banking, Banking Services Operations, Rural Banking & Micro Finance, Corporate Banking, Small & Medium Enterprises Banking, Life Insurance, General Insurance, Risk & Insurance, Claims Management, Underwriting Management.

Finance & Accounts: Strategic Financial Management, Project Management, Management Of Financial Institutions, Financial Risk Management, Advanced Management Accounting, Advanced Financial Accounting, Security Analysis, Portiolio Management & Mutual Funds, Personal Financial Planning, Wealth Management, Investment Banking & Financial Services.

Human Resource Management: Performance Management & Reward Systems, Training And Development, Leadership Skills and Change Management, Strategic HRM, Employment Laws, Managing Knowledge Workers, Corporate Communications, Human Resource Planning.

IT & Systems: E Business, Software Engineering & Quality Management, System Analysis and Design, Java Application Development, IT Enabled Services, Relational Database Management Systems, Data Warehousing, Data Mining.

Logistics Management: Logistics and Supply Chain Management Inventory Management, Store Management and Customer Service, E-Commerce & Logistic Information Systems

Admission Modalities

The Admission Modalities are with reference to the campus-based UG & PG Programs offered by the ICFAI University, Raipur. The medium of instruction is English.


  • Graduation in any discipline with 45% and above aggregate marks.
  • Students awaiting final examinations results are also eligible.

Final year students who have not received the original certificates from the Board / University by August 01, 2024 will be admitted provisionally. Their admission will be confirmed subject to their passing the qualifying examination and meeting the minimum requirements as indicated above. The registration of the candidates not meeting the criteria by September 14, 2024 will be cancelled. In such cases, 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.

For the purpose of determining eligibility, based on aggregate percentage of marks for the respective program, the procedure used by the respective Board / University in award of the Certificate / Degree will only be taken into consideration. All applicants should have completed a minimum of 12 years of formal education for UG programs and minimum 15 years of formal education for PG programs by August 01, 2024. 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 Program.

Admission Criteria

The selection of applicants for all programs is made through application and interview. While evaluating applicants for admission, due weightage is given to academic distinction, awards in sports/cultural events, debates, quizzes and other extra co-curricular activities.


On receiving the application, applicant will be intimated about the Interview Schedule. The applicants will have to go through a personal interview at the campus. This is to determine the applicants’ attitude and motivation to pursue the program.

Original certificates and Domicile certificate should be produced for verification at the time of interview. The original certificates will be returned after verification.

The admission decision will be communicated after the interview process. All the selected students will be required to pay the admission fee towards confirmation of seat.

Special Reservation

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

Seats remaining unfilled under special reservation may be filled up by allotting the same to applicants belonging to Open Category.

Application Modalities

How to Apply:
Eligible students can apply by any one of the following methods:

  1. Online Application
    Applicants can apply online by filling up the Application Form available at and make payment of ₹ 500 towards the cost using Credit / Debit Card (Visa / Master Card / Internet Banking) through secure internet payment gateway. Applicants applying online should upload their passport size color photograph while filling the Online Application. The Prospectus will be sent to such applicants.
  2. Download of Application Form
    Applicants can fill their details online and download the Application Form from and send it to the Admissions Office along with the Demand Draft of ₹ 500 towards the cost of the application in favor of “The ICFAI University, Raipur - Fee Collection A/c” payable at Raipur.
  3. Fill the Application Form
    Applicants can fill in the application form given on Page 3 and send it to the Admissions Office.

Guidelines to complete the Application Form
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 Application 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.

Attested Copies of Certificates
Applicants are required to enclose self attested copies of the following certificates:

  1. Date of Birth Certificate /Class X Certificate
  2. Marks sheets of Class XII / Diploma / Degree certificate (as may be applicable)
  3. Domicile Certificate in case of student belonging to the State of Chhattisgarh
  4. Nationality Certificate/Proof, for foreign students only
  5. Other certificates pertaining to academic and extra curricular activities.

Submission of Application Form
The completed Application Form for Admission may be submitted at:

Admissions Office

The ICFAI University, Raipur, NH-53,
Raipur-Bhilai Road, Km Stone 20, PO.
Kumhari, Dist. Durg - 490 042, Chhattisgarh.
Call Us: 8103207122 / 9111005504 / 9399900577

Fee Schedule

Program Fee

Program Fee is to be paid in equal installments as shown against the respective program, as per announced schedule.

Caution Deposit

All students are required to pay the caution deposit along with the first semester fee. The caution deposit will be refunded without interest after adjusting dues, on completion of the respective program.

Fee Structure

Fee Structure of MBA
Program Duration Admission Fee Caution Deposit Program Fee
- - - - Fee per semester Total Program Fee (Excluding Admission Fee and Caution Deposit)
MBA 2 years 20,000 10,000 57,500 2,30,000

Merit Scholarships

The ICFAI University, Raipur (IUR) offers merit scholarships to students pursuing the UG & PG programs. These scholarships are based on past academic record and semester-wise performance.

A. Merit Scholarships based on past academic record

Percentage of marks achieved in Class XII (or equivalent) for UG programs and graduation for PG programs will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining a minimum 6.0 GPA in the previous semester. The details are presented in the following table.

Programs No. of Semesters Amount of Scholarship in Rs. *
- - Category I Category II Category III Category IV
- - = 90% = 80% to = 90% = 70% to = 80% = 60% to = 70%
MBA 4 69,000 57,500 46,000 34,400

* Above scholarship amount would be disbursed equally in 8 semesters for B.Tech, 6 semesters for B.Tech (Lateral Entry) / BBA / BA / BA (Hons) / B.Com / B.Com (Hons) / B.Sc / B.Sc (Hons) / BCA, 4 semesters for MBA / MCA and 2 semesters for DCA / PGDCA programs.

B. Merit Scholarships based on Semester-wise Performance

Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance in addition to the scholarship based on the past academic record. Details are given below

Programs No. of Semesters Amount of Scholarship in Rs. *
- - Category I Category II Category III
- - (= 9.00) (= 8.50 to < 9.00) (= 8.00 to < 8.50)
MBA 4 17,250 12,650 8,600

Detailed guidelines for the Merit Scholarship Scheme will be provided through Student Handbook.