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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. The MBA Program is unique with contemporary curriculum, excellent infrastructure, emphasis on acquiring practical skills and establishing strong industry interface culminating in MBA graduates getting suitable placements and in their advanced studies.

Award

Students successfully completing the program are awarded degree in their respective discipline by the University, in accordance with the University rules

Program Structure

The Program covers 28 courses (apart from personal effectiveness and Soft Skills labs) spread over 4 semesters in 2 years. Students are also required to undergo a summer internship program of 12 weeks after year I.

Admission Calendar
Last date for submission of duly completed Application Form along with Admission Fees & release of Provisional Admission Letters 16 September 2024
Registration with scrutiny of original certificates & Payment of First Semester Fee 19 September 2024
Commencement of Classes 23 September 2024

Master of Business Administration (MBA)

First Year

Semester I

Semester II

CC 1

Accounts for Managers

SE 1

Business Communication

CC 2

Marketing Management- I

CC 8

Marketing Management- II

CC 3

Quantitative Methods

CC 9

Financial Management-II

CC 4

Financial Management-I

CC 10

Operations Management

CC 5

Organisational Behaviour

CC 11

Human Resource Management

CC 6

Managerial Economics

CC 12

Business Research Methods

CC 7

Information Systems for Managers

CC 13

Legal Environment of Business

Summer Internship Program (SIP)

Second Year

SEMESTER III

SEMESTER IV

SE 2

Soft Skills

SE 3

Entrepreneurship Development

CC 14

Business Ethics Corporate Governance

CC 16

Business Strategy II

CC 15

Business Strategy I

CC 17

Management Thesis

Elective-1

Elective-5

Elective-2

Elective-6

Elective-3

Elective-7

Elective-4

Elective-8

Students can opt electives from any two specializations given below in Semester III IV

Semester III

Semester IV

Marketing

Consumer Behaviour

International Marketing

Marketing Research

Services Marketing

Finance

Strategic Financial Management

Portfolio Management Mutual Funds

Security Analysis Portfolio Management

Insurance Risk Management

Banking

Money Banking

Commercial Banking

Central Banking

Banking Service Operations

HRM

Strategic Human Resource Management

Recruitment, Selection Training

Industrial Relations Labour Laws

Leadership Skills Change Management

System Management

Computer Management

Business Data Communication

RDBMS

Enterprise Resource Planning

CC-Core Course, SE-Skill Enhancement Course, SIP-Summer Internship Program

Admission Modalities

The admission modalities are with reference to the full-time campus programs offered by the ICFAI University, Sikkim. All applicants who meet the eligibility criteria specified for the program and have studied in English medium in their qualifying examination are eligible to apply. Final year students awaiting results can also apply. Their admission will be provisional, subject to qualifying in the final examination. The registration and admission of these applicants is liable to be cancelled in case they do not fulfill the eligibility criteria by September 19, 2024.

Semester System

The University follows semester pattern for all its programs. Each academic year consists of two semesters. Continuous evaluation is carried out through mid-semester examinations, assignments, quizzes etc., culminating in an end semester examination. The students also have to undergo faculty supervised internships for practical training.The medium of instruction is English.

Eligibility

  • The selection of applicants into the UG/PG programs of the University is subject to fulfilment of the eligibility criteria made through screening of the applications.
  • Due weightage is given to academic distinction, honors and awards in sports, cultural events, extra-curricular activities viz debates, quizzes and adventure sports.
  • All applicants meeting the selection criteria will be given a provisional admission subject to verification of the documents at the time of registration and payment of fee.

Registration

  • All applicants having received the provisional admissions are required to present themselves with Original academic/other certificates and residence proof/HRDD Govt. of Sikkim allotment letters in case seeking fee concessions, for verification along with semester and other fees on the date of Registration.
  • In addition, photocopies are also required to be submitted for retention in their record with the University. Original certificates will be returned after verification.

Admission Criteria

  • The selection of applicants into the Program is made through screening of applications 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.

Special Reservation

  • There shall be a special provision for admission of applicants belonging to the State of Sikkim in any course of the ICFAI University, Sikkim, 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 below.
  • Seats remaining unfilled under special reservation may be filled up by allotting the same to applicants belonging to Open Category.
  • The Government Quota students will be given a fee concession of 50% on program fees.
  • In addition to the Government quota, seats will be reserved with fee concession for applicants from the state of Sikkim, GTA area and the nearby North Bengal region as per the mandate of the University to serve the educational needs of the state of Sikkim and the nearby areas.

Anti-ragging & Anti-sexual Harassment

The ICFAI University provides a ragging free campus. The University follows the UGC guidelines and norms regarding the anti-ragging and anti-sexual harassment policies. The students are required to submit the duly signed affidavit for Anti-ragging at the time of admission to the University.

Application Modalities

Guidelines on how to Complete the Application Form :

The 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. Please provide all available and correct information in appropriate sections.
  4. Make sure to sign the Application Form.
  5. Retain a photo copy of the Application Form along with documents stipulated.
  6. Demand Draft for Admission Fee (One Time) of ₹3,000/- as applicable for the program applied for, towards Admission Fee drawn in favor of “The ICFAI University, Sikkim-Fee Collection A/c” payable at Gangtok

Attested Copies of Certificates :

Applicants have to enclose attested copies of the following certificates (Attestation should be done by any Gazetted Officer/Principal of the College).

  • Birth Certificate / Class X Certificate
  • Marksheets of Class XII / Degree Certificates (as may be applicable)
  • Fee concession (if applicable) requisite documents to be attached.
  • Nationality Certificate/Proof, for foreign students only.
  • Other certificates pertaining to academic and extra curricularactivities.

Submission of Application Form :

The completed application form along with the Admission Fee DD should be submitted or sent at the address given below

The ICFAI University, Sikkim, Ranka Road, Lower Sichey, Gangtok (Sikkim) - 737101.
E-mail: admissions@iusikkim.edu.in

The scanned application form and the Admission fee DD to be sent along with the courier consignment number to the e-mail address given above in case sent through mail or courier.

Fee Schedule

Admission Fee :

Admission Fee (One Time) of ₹3,000/- for all programs is to be paid by all the students along with the application forms.

Exam Fee :

All the students need to pay an amount of ₹2,000/- per semester for UG PG programs towards Exam Fee along with the Program Fee.

Caution Deposit :

All students are required to pay a Caution Deposit (One Time) of ₹5,000/- along with the First Semester Fee. The Caution Deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the Program.

Program Fee :

Students have to pay the fee at the beginning of each semester, as per the due dates which will be notified separately at the relevant time.

Program

Duration

Category

Fee in Rs. ** (Per Semester)

MBA

2 Years

Non Domicile

88,000

Domicile

61,600

Govt. Quota

44,000

* The ICFAI University, Sikkim is enabling an equal opportunity for all. However, limited seats will be available for SC ST students with relaxation in the eligibility criteria as per the Govt. of Sikkim norms wherever applicable. Students awaiting for final year examination results are also eligible for admission. The Management reserves the right to accept or reject any application with valid ground/s.

# Note: Age restriction for Law Programs can be relaxed as per BCI guidelines.

** Fee Concession: The University proposes to give 50% 30% of the program fee concession to the students coming from Sikkim Government Quota students from North East States, GTA Region North Bengal respectively.

Remittance: All payments should be made by way of Demand Draft, NEFT, IMPS or banker’s cheque drawn in favor of

“The ICFAI University, Sikkim - Fee Collection A/c” payable at Gangtok, Sikkim.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the UG PG Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program.

A. Merit Scholarships based on past academic record: Percentage of marks achieved in qualifying examination will decide the amount of scholarship. The Scholarship amount will be awarded in 2 equal instalments i.e. in the first and second semester of the program. The second instalment of the scholarship will be awarded on securing a minimum 8.00 GPA in the first semester. The students availing 50% program fee concession (i.e., Govt. Quota students) will not be eligible for scholarships based on Past Academic Record. However, they will be eligible for scholarships based on semester-wise performance. The scholarship details are as presented in the following table.

Aggregate % in qualifying examinatio % of 1st Semester program fee given as merit scholarship
≥ 90% 75%
≥ 80% - < 90% 60%
≥ 70% - < 80% 50%

All subjects will be taken into consideration for calculating the percentage for Entry Level Scholarship.

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 (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA) Category I ≥ 9.00 Category II ≥ 8.50 - < 9.00 Category III ≥ 8.00 - < 8.50
% of Program fee of the semester will be awarded as scholarship 30% 22% 15%