Distance Learning Program
The ICFAI University, Sikkim has been established under Section 4 (2) of the Institute of Chartered Financial Analysts of India University, Sikkim Act 2004 (Act 9 of 2004) passed by Legislative Assembly of Sikkim.
The University is empowered by UGC to award degrees under Section 22 of UGC Act 1956.
The University is a member of the Association of Indian Universities, New Delhi and the Federation of Universities, India
The MBA Program
The MBA Program offered by the ICFAI University, Sikkim is a broad-based management program designed to provide good understanding to students in different aspects of management.
The program has 20 subjects divided into four modules of 5 subjects each. For each year two modules can be studied and completed.
Bachelor's Degree (any discipline).
Duration: Two years.
Medium of instruction: English.
Validity of Enrollment
For students who pay fee module-wise:
They are required to complete Module I of the Program within a maximum period of two years from the date of enrollment. Students who are unable to complete the program within two years, but are still keen on continuing in the program, are required to register de novo by paying the requisite fee.
For students who pay full fee:
They are required to complete all 4 modules of the Program within a maximum period of four years from the date of enrollment. Students who are unable to complete the program within four years, but are still keen on continuing in the program, are required to register de novo by paying the requisite fee.
Distance Education Program
The MBA Program is essentially based on self-study and examinations.
Self-Study: The University provides a detailed study plan and prescribed books specially designed (as per the curriculum) and meant for self-study.
Contact classes: Students may attend contact classes on an optional basis.
Workshops: Students may also participate in workshops which are optional.
CBT Examinations: The examinations which will be on Computer Based Test format will serve to finally assess and certify the students’ understanding of the subjects.
Students with prior qualifications are eligible to get waivers from certain subjects of the MBA Program as indicated below
Eligibility for Waiver
|Economics for Managers||CFA, MA (Economics)|
|Accounting & Finance||CFA , CA, CWA|
|IT & Systems||MCA, B.Tech|
What the qualifications refer to:
CFA means a person, who is a Chartered Financial Analyst and a member of the CFA Council.
CA means a person, who has passed the final examinations conducted by the Institute of Chartered Accountants of India
CWA means a person, who has passed the final examinations conducted by the Institute of Cost and Works Accountants of India.
MA (Economics) from any University.
MCA from any University.
B.Tech from any University.
Online registration facility
All students are required to register and book the slots for each subject for their CBT (Computer Based Test) (including payment of fee) using the online facility only, as the operations of examinations department are fully computerized.
The list of test centers and the time slots will be on display during the registration process on logging the website.. Students can select the convenient center and time slot and register for their examinations
The CBTs are held at test centers, as indicated on the website.
Examinations are conducted four-times in a year in the months of January, April, July and October
Eligibility for appearing in examinations
Students will be eligible to appear for examinations for the first module (comprising of 5 subjects) six months after the date of enrollment, provided all due postdated cheques are honored on time. Subsequently, students can complete each module once every six months.
Students will be required to progress in the program module-wise, sequentially. In order to advance to the next module students should not have more than one backlog in the ongoing module. The student can appear for the backlog in the subsequent examination. However, a backlog subject cannot be carried forward beyond one module. For example a backlog subject of Module I cannot be carried to Module III. Within a module students can appear for examinations in any order of the subjects and for any/all subjects at a time.
For successful completion of a subject, students will be required to secure at least ‘C’ grade. In the event of securing ‘D’ or ‘E’ grade in any subject, students will be required to re-appear for examination of that subject.
The following Diplomas/Degree are issued by the ICFAI University, Sikkim to the successful students:
On successful completion of
|Certificate in Business Basics||Module I|
|Diploma in Management||Modules I & II|
|PG Diploma in
|Modules I, II & III|
|Master of Business
|All 4 Modules|