ICFAI Full Form? Know All About ICFAI Business Schools (IBS)

ICFAI stands for the Institute of Chartered Financial Analysts of India. It is a non-profit organisation founded in 1984 with the sole purpose of offering top-tier financial education.

Aug 13, 2024, 15:10 IST
ICFAI Business School
ICFAI Business School

In 1984, N.J. Yasaswy, Besant C. Raj, and Dr. Prasanna Chandra established the Institute of Chartered Financial Analysts of India (ICFAI), a non-profit educational association. In 1985, the Institute made an impact in Indian education with the creative introduction of the Professional Program in Financial Analysis. ICFAI Business School (IBS) was established in 1995 and has since grown to be one of the top B-schools in the nation, offering top-notch facilities and academic programs to its students. 

One of the most prominent business institutions in India, ICFAI Business School (IBS) has campuses spread across the nation. The campuses of IBS are spread across several locations, including IBS Hyderabad, IBS Bangalore, IBS Dehradun, IBS Jaipur, IBS Ahmedabad, IBS Gurgaon, IBS Pune, IBS Mumbai, and IBS Kolkata

IBS is renowned for offering its students a cutting-edge and motivating atmosphere that pushes them to take advantage of many possibilities to achieve overall growth. In addition to being organised, the IBS courses are designed to help students get a practical understanding of the various aspects of the business world. The courses at the various IBS campuses guarantee students' professional and personal growth by their comprehensive and demanding curriculum. Many undergraduate and graduate management courses are available at the IBS, and just a couple of campuses including those in Hyderabad and Mumbai also provide Ph.D. programs to applicants.

Facilities at ICFAI Business Schools

IBS campuses prioritise excellence in teaching and research by investing in appropriate hardware (infrastructure, library, computers) and software (pedagogy, learning frameworks, e-learning kits, databases, etc.)

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Research: Faculty members are encouraged to undertake teaching and research initiatives, publish research publications in respected journals and attend national and international research conferences. The campus includes a highly trained faculty, with many holding doctorates and extensive industrial experience.

Co-curricular Activities: Students are encouraged to participate in a variety of co-curricular and extracurricular activities for overall personality development. 

Placements: Internships and placements are given the highest attention. Every year, various leading companies come to IBS campuses for summer internships and final placements. Career Management Centres situated on IBS campuses assist students with placement concerns. 

Alumni Network: The alumni fraternity, which grows year after year, actively contributes to the growth of IBS campuses. 

Personality Development: IBS now requires students to take soft-skills classes. It helps students to develop their personality and interpersonal abilities. IBS employs full-time experienced therapists to examine students' psychological profiles and assist them in developing the necessary attitudes for corporate life.

Computing Facilities: Computing Facilities IBS offers cutting-edge hardware and software infrastructure, as well as high-speed internet, to meet students' computing demands and IT training requirements. All IBS campuses have Wi-Fi connections for the students.

Hostel Facilities: IBS Hyderabad and IBS Jaipur offer hostel facilities to all MBA students. Other IBS campuses provide  service-provided accommodation.

Sports & Recreation Facilities: Sports contribute significantly to kids' overall development. There are several indoor and outdoor activities accessible, including squash, badminton, carrom, chess, cricket, football, volleyball, basketball, and tennis. All campuses have specialised gym facilities.

Healthcare Facilities: IBS Hyderabad has a clinic on campus with physicians and paramedical support services. At other IBS locations, doctors and staff will work for two days. In case of medical crises, students are transported to nearby top corporate hospitals.

Eligibility Criteria for admission to ICFAI Business Schools

Following are the eligibility criteria for admission to IBM Schools:

  • Graduation (any subject) with 50% or higher marks, with English as the medium of teaching.
  • Applicants must have completed at least 15 years of schooling (10+2+3 or 10+2+4 base).
  • Candidates who do not match the English medium graduation qualifying criteria must submit their TOEFL, NELT, or IELTS scores by May 31, 2025.
  • Applicants in their final year of a bachelor's degree course can apply if they complete their graduation requirements (including practical exams, vivas, and assignments) before May 31, 2025.
  • Admission is provisional until applicants provide proof of eligibility, such as marks sheets or degree certificates.
Hera Ahmad
Hera Ahmad

Executive

A journalism graduate who is both inquisitive and versatile. Hera has completed her Bachelor’s degree in Mass Communication and Journalism from Bennett University, Times of India. Her enthusiastic exterior found solitude in social work so, she aspires to become a social worker and a journalist. She has volunteered in several NGO programmes and worked as Social Media Manager, Outreach, Marketing and Web Content Writing intern for several organizations like IDM, URI, APN News, etc. She is currently working as Content Writer with Jagran New Media for the editorial team of Jagran Josh. She can be reached at hera.ahmad@jagrannewmedia.com
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FAQs

  • What is ICFAI known for?
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    ICFAI is a group of institutions made up of recognised universities, a deemed-to-be university, and many others that are likely to be recognised as universities. The institutes strive to deliver high-quality education in Business Management, Technology, and Law.
  • What is the full form of ICFAI?
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    The full form of ICFAI is Institute of Chartered Financial Analysts of India.

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