The MBA Program

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About the Program

The Master of Business Administration (MBA) program of the University prepares the students with the knowledge, skills and strategic perspectives essential to business leadership and a managerial career. 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.

Duration :

Two years


Pass in graduate in (any discipline) with minimum 45% of aggregate marks. Final year students awaiting results may also apply.


Students who successfully complete the program will be awarded the “Master of Business Administration” Degree by the University.

Program Structure

The MBA Program is organized into 4 semesters in two years. There are 33 courses including soft skills. Students are additionally required to complete a Summer Internship Project and a Management Thesis.

MBA Program Structure
Semester - I Semester - II
Year I
  • Human Resource Management
  • Quantitative Methods
  • Financial Management
  • Organizational Behaviour
  • Managerial Economics
  • Information Systems for Managers
  • Accounting For Managers
  • Business Communication
  • Legal Environment Of Business
  • Marketing Management
  • Operations Management
  • Entrepreneurship
  • Macro-Economics and Business Environment
  • Business Research Methods
  • Enterprise Wide Information Systems
  • E-Commerce
  • Soft Skills Workshop
Summer Internship Program
Semester - III Semester - IV
Year II
  • Business Ethics And Corporate Governance
  • Management Control Systems
  • Business Strategy - I
  • Elective 1
  • Elective 2
  • Elective 3
  • Elective 4
  • Elective 5
  • Management Thesis - I
  • International Business Environment
  • Business Strategy - II
  • Project Management
  • Elective 6
  • Elective 7
  • Elective 8
  • Elective 9
  • Elective 10
  • Management Thesis - II
Electives: Micro Finance | Social Entrepreneurship | Small Business Marketing | Financing of Small Business | Enterprise Management |
Marketing: | Integrated Marketing Communication | Services Marketing | International Marketing | Sales & Distribution Management | Marketing Research | B2B Marketing | Consumer Behavior | Retail Management | Strategic Marketing Management | Customer Relationship Management | Brand Management;
Banking: | Money & Banking | Credit Management | Central Banking | Commercial Banking | Overview of Banking | Banking Services Operations | Rural Banking & Microfinance | Corporate Banking | Small and Medium Enterprises Banking;
Insurance: | Life Insurance | General Insurance l Risk and Insurance | Claims Management | Underwriting Management; Finance: | Strategic Financial Management | Security Analysis | Project Management | Management of Financial Institutions | Financial Risk Management;
HRM: | Performance Management & Reward Systems | Training & Development | Leadership Skills & Change Management | Strategic HRM | Employment Laws | Managing Knowledge Workers | Corporate Communications l Human Resource Planning;
IT & Systems: | e-Business | Software Engineering & Quality Management | System Analysis & Design | Java Application Development | IT Enabled Services | Relational Database Management Systems | Data Warehousing | Data Mining;
Accounting: | Advanced Management Accounting | Advanced Financial Accounting;
Investments: | Security Analysis | Portfolio Management and Mutual Funds | Personal Financial Planning | Wealth Management | Investment Banking and Financial Services.

*The program structure is subject to change (if required).

Admission Modalities

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


  • Pass in Graduation in any discipline with 40% and above aggregate marks. B.Com graduates are eligible to apply for M.Com Program and students with B.Sc (Geo) or BA (Geo) are eligible to apply for M.Sc (Geo) Program. Final year degree students awaiting results are also eligible to apply.
  • For the purpose of determining eligibility based on aggregate percentage of marks, the procedure used by the respective university in award of the degree will only be taken into consideration. All applicants should have completed a minimum of 15 years of formal schooling by August 01, 2023 . Applicants who have completed their graduation on a one-time sitting basis or on a 2-year basis are not eligible for admission to all PG Programs
  • Students in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements including practical examinations/ viva /assignments before August 01, 2023 . Such applicants will have to produce a certificate to that effect at the time of admission. The admission of applicants will, however, remain provisional until they produce marks sheets and a degree certificate establishing their eligibility. The registration of the applicants not meeting the criteria by September 17, 2023 will be cancelled and 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.

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 students belonging to the State of Mizoram in any course of ICFAI University, Mizoram or in a constituent college, within the State of Mizoram, which shall not be less than 25 (twenty-five) per cent of seats in each course / discipline subject to the students meeting the minimum qualifying requirements referred to above.
  • Seats remaining unfilled under special reservation may be filled up by allotting the same to students belonging to Open Category.

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

  • Date of Birth Certificate / Class X Certificate
  • Marks sheet of Class XII
  • Degree Marks Sheet (as may be applicable)
  • Domicile Certificate
  • Migration Certificate
  • Any other certificates pertaining to academic and other activities.
  • Please paste your recent passport size colour photograph on the Application Form given on next page.

Submission of Application Form :

Prospectus along with Application form can be obtained by payment of `300 by way of Cash. The completed Application Form for Admission may be submitted at:

Campus : Durtlang North, Aizawl, Mizoram - 796025
Phone : 9856891948
City Office : Chanmari Near HDFC Bank, Opp. KFC,
Phone : 9856891948
E-Mail :
Website :

Fee Schedule

Admission Fee :

Admission Fee of `10,000 for MBA, ₹ 5,000 for MA and MSc (Geography) is to be paid by all the selected candidates immediately after the admission decision is announced. The last date for payment is August 01, 2023. Admission fee is non-refundable.

Caution Deposit :

All students are required to pay a Caution Deposit 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 :

The Program fee includes Semester Fee and excludes the cost of courseware and other fee. Students should pay the fee at the beginning of each semester, as per the due dates which will be indicated in the Student Handbook. The First Semester Fee is to be paid on or before August 01, 2023.

Domicile :

Students from State of Mizoram.

Non-Domicile :

Students from States other than Mizoram.

Fee Particulars MBA (4 Semesters)
Domicile Non-Domicile
Fee per semester (Rs.) 54,725 67,100
Total Program Fee (Rs.) 2,18,900 2,68,400

All fee payments should be made to HDFC banks by challan which may be obtained separately from the University Accounts Department.

Merit Scholarships

NJY Merit scholarships based on semester-wise performance is provided to students based on their performance in each semester for each class as fee waiver in the next semester. The details are presented in the following table:

Applicable to % of Semester Fee offered as Scholarship
1st Place 50%
2nd Place 25%

Note: The number of students in each class should not be less than 10 to award the Scholarships.