1. Does the MBA program have AICTE approval?
The ICFAI University, Jharkhand, is established under sub-section 2 of section 4 of ICFAI University Act, 2006 (Jharkhand Act 08, 2007). The University is empowered by UGC to award Degrees under section 22 of UGC Act.
As per the Supreme Court Judgment given in Bharathidasan University Vs AICTE Case, the programs run by a university do not require AICTE approval. Only institutes and colleges affiliated to a University are required to take the AICTE approval to run the MBA program. So, it does not require the AICTE approval to offer the MBA program.
2. Can an MBA student at ICFAI University, Jharkhand, opt for dual specialization? If Yes, then How?
Yes. The students at ICFAI University, Jharkhand, can opt for dual specialization. The MBA program has the option of 8 electives - 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, thus getting the benefit of dual specialization.
Elective courses will be offered subject to a minimum number of students enrolling for a particular elective course and availability of faculty.
3. How many specializations are available in MBA program?
The students of MBA can choose 8 elective courses (four courses in semester III and four courses in semester IV) from a range of courses in Marketing, HRM, Finance, Banking, Investments, Insurance, Accounting and IT & Systems.
4. What is Summer Internship program?
In addition to the academic inputs delivered at the classroom, the students are exposed to various industries to get hands-on experience in subject related areas. The Summer Internship program (SIP) helps the students to practically experience the management principles being put into practice in the industry. This enables students to obtain practical exposure in a corporate work environment. This also helps the students for placement.
5. How is the performance of the student assessed in the MBA program?
In the MBA program, performance of the student is assessed through a continuous evaluation process throughout the period of study. Students are evaluated on the basis of assignments, seminars, projects, mid and end semester examinations.
6. What kind of placement support is the student provided?
The Corporate Relations and placement wing at the University looks after the placement activities on a full time and continuous basis. Utmost importance is given to placement-related activities to ensure that the students secure suitable placements.
The Placement Managers of the University are responsible for developing and maintaining relationships with reputed organizations, assessing requirements and organizing recruitments for students.
The University organizes training and counseling sessions for students to improve their knowledge, skills and attitude and thus develop exposure.
The institution expects the students to participate actively in the placement activities organized to reap maximum benefits.