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Home/Entrance Exams/Business and Management/ICFAI - MBA
Business and Management

ICFAI - MBA

Institute of Chartered Financial Analysts of India

Conducted by The Institute of Chartered Financial Analysts of India (ICFAI)
Business and Management Entrance Exam

Eligibility Criteria

Eligibility Criteria

  • Educational Qualification: Candidates must have passed Class 12th or equivalent examination from a recognized board or university. Some courses may require graduation for admission.
  • Age Limit: Generally, there is no specific age limit to appear for the entrance exam or admission, but candidates should check individual course criteria for any age restrictions.
  • Nationality: The candidate must be an Indian citizen. Some courses may be open to foreign nationals as well, subject to the institute's rules.

Exam Pattern

Exam Pattern

  • Mode of Exam: Typically conducted online (computer-based test), but the mode may vary based on specific ICFAI programs and centers.
  • Number of Questions: Generally ranges between 100 to 150 questions depending on the program.
  • Marking Scheme: Usually, every question carries one mark with no negative marking; however, candidates should check the specific exam notifications.
  • Subjects Covered: Subjects generally include Quantitative Aptitude, English Language, General Awareness, Logical Reasoning, and domain-specific knowledge based on the course (e.g., finance, management, computer applications).
  • When Held: Entrance exams for various ICFAI University programs are typically held twice a year – once in May and again in December.
  • Notification Release: Official notifications are usually released 2-3 months prior to the exam dates, commonly in February-March and August-September.

Syllabus

Syllabus

  • Quantitative Aptitude: Number systems, Algebra, Geometry, Trigonometry, Probability, Data Interpretation, and Arithmetic.
  • English Language: Grammar, Vocabulary, Comprehension, Sentence Formation, and Verbal Reasoning.
  • General Awareness: Current Affairs, Banking & Finance awareness, Economic policies, and General knowledge.
  • Logical Reasoning: Puzzles, Seating Arrangements, Blood Relations, Coding-Decoding, Syllogisms, and Analytical Reasoning.
  • Domain-Specific Subjects: For finance/management courses - Basics of Financial Management, Accounting, Business Environment, Marketing Fundamentals. For computer courses – Fundamentals of Computers, Programming concepts, Database Management.

Additional Information

Other Important Details

Application Process

  1. Visit the official website at ICFAI University Official Site.
  2. Navigate to the Admissions section and select the desired course.
  3. Register by providing valid email ID and mobile number.
  4. Fill in the application form with personal, educational, and contact details.
  5. Upload scanned copies of recent photograph, signature, and required documents as per specifications.
  6. Pay the application fee online via credit/debit card or net banking.
  7. Submit the application form and take a printout of the confirmation page for future reference.
  8. Offline applications may be available for some courses; candidates should check specific notifications.

Courses Offered

  • Bachelor Programs: BBA, BCA, BA (Economics/English), B.Com, B.Sc (Computer Science/Maths)
  • Master Programs: MBA, MCA, M.Com, M.Sc (Finance/IT)
  • Professional Courses: Chartered Financial Analyst, Law, and others.

Admit Card

  • Admit cards are usually available online 10-15 days before the exam date.
  • Download it from the official portal using your login credentials.
  • Check all details on admit card carefully - exam center, date, and personal information.
  • Carry a printed copy of the admit card along with a valid photo ID to the examination center.

Results & Cut-Offs

  • Results are announced online on the official website within 3-4 weeks after exam completion.
  • Check results by logging into the candidate portal with registration number and password.
  • Cut-off marks depend on course, category, and seat availability.
  • Candidates meeting or exceeding cut-off marks qualify for further admission rounds like counseling or interviews.

Preparation Tips

  • Understand the exam pattern and syllabus thoroughly.
  • Create a well-structured study plan allocating time for each subject.
  • Use recommended books such as R.S. Aggarwal for Quantitative Aptitude, Wren & Martin for English, and regular reading of daily newspapers for General Awareness.
  • Practice previous year question papers and mock tests available on the official or educational websites.
  • Stay consistent and revise regularly to strengthen weak areas.

FAQs

  • Q: What is the mode of the ICFAI entrance exam?
    A: Mostly online, computer-based tests.
  • Q: Is there an age limit for appearing in the exam?
    A: Usually no strict age limit, but specific courses may have criteria.
  • Q: Can foreign nationals apply?
    A: Some courses allow foreign nationals; candidate should verify specific rules.
  • Q: How to download the admit card?
    A: From the official website using registered credentials.
  • Q: Are there any negative markings?
    A: Generally, no negative marking but check the specific exam guidelines.

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