ICFAI University Distance MBA Admission Fee 2017

ICFAI University Distance MBAICFAI University distance MBA course 2017 is majorly for working professionals who want to get an MBA degree without having to join any regular classes for the same. The year 2017 bring to light ICFAI broad-based MBA program provides understanding on different aspects of management at a very affordable fee structure. The university is UGC recognized and also a member of Association of Indian Universities, New Delhi and the Federation of Universities, India thus it is absolutely trustworthy.

The two-year MBA Program consists of 20 subjects divided into 4 equal modules. Maximum 2 modules can be studied and completed each year. The students are required to complete MBA Program within a period of four years from the date of enrollment.

The ICFAI University Distance MBA program is based on self-study and examinations. However, the university provides prescribed books and study plans specially designed for self-study.

Eligibility Criteria:

Candidate must be a graduate with a bachelor’s degree in any discipline to be eligible for ICFAI Distance Education MBA course.

ICFAI University Distance Learning MBA Fees structure:

The total fee for ICFAI Distance MBA course is Rs.65,000/-. The university has made the relaxation for candidates by accepting the fee in installments as well. The fee can be paid in installments by initially paying Rs.10,000/- and then 16 Installments of Rs.3950/- each.

See the below table for more details.

Module-wise Fee PaymentFull Fee Payment
ParticularsAmount in Rs.ParticularsAmount in Rs.
Admission Fee5000Admission Fee5000
Program Fee – Module I only20000Program Fee (All 4 Modules)60000
Total25000Total65000
Lump Sum Payment25000Lump Sum Payment65000
EMI FacilityEMI Facility
Initial Payment( by Demand Draft / Credit Card)10000Initial Payment( by Demand Draft / Credit Card)10000
Balance amount to be paid through Equated Monthly Instalments [EMIs] (Including bank charges) by Post dated Cheques5200Balance amount to be paid through Equated Monthly Instalments [EMIs] (Including bank charges) by Post dated Cheques3950
Number of EMIs3Number of EMIs16

EMI & Module wise fee payment facility is are also available for students.

*The above-mentioned fee structure was valid till 2016 and may change in 2017.

Exam fee must be paid separately as and when the student registers for the examination.

Online Application:

Online link for enrolling into the program is www.icfaiuniversity.in/dip. The application form can be filled online and payment can be made online through Credit cards issued by ICICI and HDFC bank or other Visa/MasterCard issued by other banks through Secure Internet Payment Gateway. Net Banking facility is also available.

This article should help you in getting a basic know how about ICFAI Distance Education MBA program which is one of the best choices for working professionals and others who are looking to skip the classes. For further inquiries and detailed view on the course visit the ICFAI website and also you can write to us and we will try to provide you with the most specific information that you require.

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