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Master of Business Administration
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Master of Business Administration

duration Duration

  • 2 Years

eligibility Eligibility

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

calendar Admission Calendar

  • Last Date for Submission of Completed Application Form: Jul 21, 2025
  • 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.
  • The program equips the students to pursue professional management career in banking, financial services, insurance, corporates etc., or become an entrepreneur.

Award of Degree

Students who successfully complete the program will be awarded the LL.B degree by the University, subject to University regulations.

Events Important Dates
Last Date for submission of completed Application Form Jul 21, 2025
Interviews from Jul 24, 2025
Admission Decision Jul 31, 2025
Last Date for Payment of Admission Fee Aug 04, 2025
Registration and payment of Semester Fee Aug 07, 2025
Commencement of regular classes Aug 08, 2025

The Program covers 32 courses apart from 2 management theses spread over 4 semesters in 2 years. Students are also required to undergo a summer internship program / Project work during the summer term.

Electives

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

Year I
Semester-I Semester-II
  1. Marketing Management
  2. Quantitative Methods
  3. Financial Management–I
  4. Organizational Behaviour
  5. Managerial Economics
  6. Digital Skills
  7. Accounting for Managers
  8. Business Communication
  9. Life Skill-I
  1. Digital Marketing
  2. Financial Management–II
  3. Production & Operation Management
  4. Human Resource Management
  5. Macroeconomics & Business Environment
  6. Business Research Methods
  7. Legal Environment of Business
  8. Life Skills – II
  9. Entrepreneurship
Summer Internship Program / Project
Year II
Semester - III Semester - IV
  1. Retail Management
  2. Business Strategy
  3. Personal Effectiveness and Competencies
  4. Elective I (DSE1)
  5. Elective II (DSE 2)
  6. Elective III (DSE 3)
  7. Elective IV (DSE 4)
  8. Business analytics
  9. Management Thesis I
  1. Business Ethics & Corporate Governance
  2. Business Process Integration
  3. Elective I (DSE 5)
  4. Elective II (DSE 6)
  5. Elective III (DSE 7)
  6. Elective IV (DSE 8)
  7. Management Thesis II

Electives

Marketing: Marketing Research, Consumer Behaviour, Service Marketing, Integrated Marketing Communication, Rural Marketing, B2B Marketing, Sales and Distribution Management, International Marketing Logistic and Supply chain Management Product & Brand Management Social Marketing

Banking & Insurance: Money & Banking, Banking Services Operations, Overview of Banking, Commercial Banking,Credit Management, Rural Banking and Micro Finance, International Banking, Life Insurance, General Insurance, Commodity Trading(New Addition)

Finance: Security Analysis, Project Management, Strategic Financial Management, Project Finance, Risk Management, Portfolio Management & Mutual Funds, Personal Financial Planning, Wealth Management, Advance Financial Accounting, Advance Management Accounting, Fintech.

HRM: Performance Management and Reward System Training and Development, Personality Development Managing Knowledge Workers, Employment Laws, Corporate Social Responsibility,Industrial Relations And Labor Welfare, Talent Management

IT & Systems: Java Application Development, IT Enabled Services,Relational Database Management System, E-Business, Software Engineering and Quality Management,System Analysis & Design,Cyber Security

Operations Management, Health Care Management, Agri Business Management, Tourism & Management, Rural Management, Business Analytics

List of Open Electives Courses: Entrepreneurship, Health and Happiness, Marketing of Insurance services, NGO and rural development, MSME and Industrialization.

Rural Management: Rural Economy, Co-operation and Collective Action, Livelihood Promotion and Skill development, Fintech for Rural Development, Rural Marketing, Rural Entrepreneurship, Rural Supply Chain Management, Microfinance.

Admission Modalities

The Admission Modalities are with reference to the campus-based MBA Program offered by the ICFAI University, Jharkhand. The medium of instruction is English.

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.

The admission decision will be communicated after the interview process.

Students interested can apply by any one of the following methods

  1. Online Application
    • Applicants can apply online by filling up the Application Form available at www.iujharkhand.edu.in and make payment of Rs. 500 towards the cost of the application fee 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 www.iujharkhand.edu.in and send it to the Admissions Office along with the Bank Demand Draft of Rs. 500 drawn on a Scheduled Commercial Bank towards the cost of the application fee in favor of “The ICFAI University, Jharkhand - Fee Collection A/c” payable at Ranchi.
  3. Fill the Application Form
    • Applicants can fill in the application form and send it to the Admissions Office.

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

Application Form

  • Please make sure that applicant should meet the eligibility criteria before filling up the Application Form.
  • Fill the Application Form in Capital Letters.
  • Provide all the available information under appropriate sections.
  • Make sure to sign the Application Form (in case the application is not filled-in online).
  • Retain a photocopy of the completed Application Form.
  • Enclose DD for Rs. 500 drawn in favour of “The ICFAI University, Jharkhand - Fee Collection A/c”.
  • In case the application was downloaded from the University website OR purchased from the University, enclose receipt for Rs. 500.

Applicants have to enclose self attested copies of the following certificates.

  • Date of Birth Certificate/Class X Certificate.
  • Marksheet of Class X / Class XII / Intermediate / Degree (as applicable).
  • Domicile Certificate (if applicable).
  • Any other certificates pertaining to academic and other activities.
  • No Objection Certificate from the current employer, if the candidate is currently working in an organisation.

The completed Application Form for Admission should be submitted at

Admissions Office: Campus:
The ICFAI University, Jharkhand, #2065, Daladali Chowk,
Simalia, Near Ring Road,
Ranchi - 835 222, Jharkhand.
Mobile : 8709445599
E-mail : admissions@iujharkhand.edu.in
Website : www.iujharkhand.edu.in

City Office:
#315/B, First Floor,
Road No. 3, Ashok Nagar,
Ranchi - 834 002, Jharkhand
Mobile : 9714954099, 8709445599 & 7257004504

Fee Schedule

The fee for MBA program is mentioned in the table below.

Program Admission Fee Rs. Semester Fee Rs. Caution Deposit Rs.
Domicile Non - Domicile
MBA 10,000 60,000 66,000 5,000

Note : Applicants in their final year of Qualifying Examinations also can apply for all regular programs

Students are required to pay a Caution Deposit as mentioned in the table above along with the first semester fee. It will be refunded without interest and after adjusting for dues, (if any), to the students on completion of the respective program.

Fee payments can be made in any of the following modes.

  • By way of Bank Demand Draft drawn on a Scheduled Commercial Bank in favor of “The ICFAI University, Jharkhand - Fee Collection A/c” payable at Ranchi, Jharkhand.
  • Through Credit Card or Debit Card at the University.
  • Fee payment by cash is not accepted.

Any requests for withdrawals, refunds will be processed as per the prevailing UGC Notification, with regard to Refund of fees and non-retention of Original Certificates.

Bank Account Name The ICFAI University, Jharkhand - Fee Collection A/c
Type of Account Current Account
Account Number 50200000250955
Bank Name HDFC Bank
IFSC Code HDFC0000150

The following details should be provided to the University by the students on remittance of fee through NEFT

Student Details Remittance Details
Name of the student: Name of the Bank:
Application No. / Enrollment No. IFSC Code:
Program / Batch: UTR No.
Fee details Bank Acknowledgement of NEFT Form
Mobile No.

Following are the details of the Merit Scholarships, offered by The ICFAI University, Jharkhand.

Merit Scholarships based on Past Academic Record

Percentage of marks achieved in qualifying examination will decide the amount of scholarship. Scholarship amount can be adjusted in the Semester I fee payable.

Performance in Qualifying Exam Scholarship amount (% of semester fee)
Marks in % CGPA
>= 90% >= 9.9 50%
>= 80% and <90% >= 8.8 and < 9 .9 40%
>= 70% and < 80% >= 7.7 and < 8.8 30%
>= 60% and < 70% >= 6.5 and < 7.7 20%

Merit Scholarship in Semester II to last semester

Based on previous semester performance (GPA) Scholarship amount (% of semester fee)
Top 5% of the class 50%
Next 5% of the class 30%

*Remarks: Only if no. of students in the class is 20 or more.

Note: Terms and Conditions for the award of the Merit Scholarship will be specified in the Student Handbook.