3600 Flexi-mode

The Institute of Chartered Financial Analysts of India University, Tripura

University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West).
Website: www.iutripura.edu.in
 Contents

Global Network ......................................................................................................................... 3

The Institute of Chartered Financial Analysts of India University, Tripura ...................... 4

Master Degree Programs ....................................................................................................... 5

Courseware and Case Study Focus ....................................................................................... 7

Training Classes ....................................................................................................................... 8

Web Services 24 x 7 ................................................................................................................. 9

Master of Retail Management ............................................................................................. 10

Master of Telecom Management .......................................................................................... 11

Master of Aviation Management ......................................................................................... 12

Master of Financial Services Management ........................................................................ 1 3

Master of Infrastructure Management ................................................................................ 14

Master of Hospital Administration ....................................................................................... 15

Master of Media Business Management ............................................................................ 16

Master of Agri-Business Management ................................................................................ 17

Master of Hotel Management .............................................................................................. 18

Master of Logistics Management ........................................................................................ 19

Master of Automotive Business Management ................................................................... 20

Master of Pharma Business Management .......................................................................... 21

Admission Policies and Guidelines to Complete the Application Form ........................... 22

Fee Schedule ........................................................................................................................... 24

Application Form for Enrollment ........................................................................................... 27

For further information and advice, you may contact the following branch:

2 Master Degree Programs

 Global Network
Recognizing the globalization imperative, the ICFAI University has established a close networking relationship
with leading institutions and professional bodies around the world.
THE ASSOCIATION TO
ADVANCE COLLEGIATE
SCHOOLS OF BUSINESS,
USA
The Association to Advance Collegiate Schools of
Business, USA, International: AACSB is the professional
association for college and university management education
and the premier accrediting agency for Bachelor’s, Master’s,
and Doctoral degree programs in business administration and
accounting. IBS® is a member of AACSB International, which
connects it to the global network of educational institutions,
corporate and non-profit organizations.
SYRACUSE UNIVERSITY,
USA
Syracuse University, USA: Syracuse University is located in
Syracuse, NY, United States. Founded as a seminary in 1832,
the University was officially chartered in 1870. Syracuse
University’s professional schools rank among the best in their
respective fields in the United States. IBS ® has a collaborative
arrangement for research scholars with the Martin J Whitman
School of Management, Syracuse University.
ASSOCIATION OF ASIA
PACIFIC BUSINESS
SCHOOLS (AAPBS),
KOREA
Association of Asia Pacific Business Schools, Korea: AAPBS
was established in October 2004, with a mission to provide
leadership and representation in order to advance the quality
of business and management education in the Asia Pacific Region.
The Association will accomplish its mission by collaborating
in research and teaching, and working in partnership to improve
business school standards and quality. AAPBS and its members
are striving to understand and develop a solid paradigm for
an Asian Management education model with a global context.
IBS® is a member of AAPBS.
EUROPEAN FOUNDATION FOR
MANAGEMENT DEVELOPMENT,
BELGIUM
European Foundation for Management Development,
Belgium: Founded in 1972 at Brussels, Belgium, EFMD is a
not-for-profit association of management education providers
and leading companies. EFMD designed an international system
of strategic audit and accreditation, called European Quality
Improvement System (EQUIS). IBS® is a member of EFMD.
3 Master Degree Programs
ASIAN SECURITIES
ANALYSTS FEDERATION,
AUSTRALIA
Asian Securities Analysts Federation, Sydney, Australia:
ASAF was founded in 1979 to promote the interests of the
investment community of Asia and Oceania and to encourage
and assist in the development of the profession of securities
analysts. The ICFAI University represents India in the ASAF.
ASAF and the European Federation of Financial Analysts Societies
(EFFAS) have promoted the Association of Certified International
Investment Analysts (ACIIA).
MONASH UNIVERSITY,
AUSTRALIA
Monash University, Australia: Monash University was
established in Melbourne, Australia, in 1958. It is a member
of the prestigious Group of Eight Universities and has emerged
as a large and dynamic research and teaching institution, with
a global reputation. IBS ® has entered into a collaborative
agreement with Monash University for mutual benefit.
UNIVERSITY OF
UniSA SOUTH AUSTRALIA
University of South Australia: UniSA was founded on
January 1, 1991. Since then, it has earned a reputation as a
national leader in collaborative research, has been recognized
nationally for innovation in teaching and has South Australia's
largest intake of international students. UniSA is committed
to educating professionals; creating and applying knowledge;
engaging communities; maintaining cultural diversity amongst
its staff and students; and providing equitable access to education
for greater numbers of people. The ICFAI University has entered
into a collaborative arrangement with UniSA.
THE ASSOCIATION OF
COMMONWEALTH
UNIVERSITIES, UK
The Association of Commonwealth Universities (ACU),
UK: Established in 1913, the ACU is the oldest inter-university
network in the world. ACU combines the expertise and
reputation of over ninety years’ experience with new and
innovative program designed to meet the needs of universities
in the 21st century. Around 500 members are spread across
five continents. The ICFAI University is a member of the ACU.
 The Institute of Chartered Financial Analysts
of India University, Tripura

The Institute of Chartered Financial Analysts of India
University, Tripura (referred to hereafter as the
University) was established in 2004 through an Act of
State Legislature (Tripura Act 8 of 2004). The University
has been approved by the University Grants Commission,
under Section 2(f) of the UGC Act, 1956. The Distance
Education Council (DEC) has approved the programs
of the ICFAI University, Tripura.
The University believes in creating and disseminating
knowledge and skills in core and frontier areas through
innovative educational programs, research, consulting
and publishing, and developing a new cadre of citizens
with a high level of competence and deep sense of ethics
and commitment to the code of professional conduct.
The Visitor of the University is H.E. The Governor of
Tripura. The University is administered as per the Act,
Statutes and Rules. The Board of Governors is headed
by the Chancellor and has Vice-Chancellor and others
as members. The Board of Management is headed by
the Vice-Chancellor. The Academic Council is responsible
for all academic matters.
The University campus, based at Agartala is sprawling,
landscaped and lush green. It provides a congenial
environment for education and learning. The campus
has well-equipped physical and academic infrastructure.
The University has no study centers outside its authorized
jurisdiction.
The University offers Bachelor, Master, and Doctoral
programs in management, finance, science and
technology, information technology, education, law and
other areas.
The students are enrolled under the flexible mode. The
University awards the respective master degrees to
the students who successfully complete all the groups
of the respective programs, through self-study and
examinations subject to the University Regulations.
The University reserves the right to change the body
of knowledge, prescribed books, the curriculum,
examination pattern, evaluation system, rules and
regulations. The students are governed by the latest
regulations applicable to them during the relevant
academic year. This document is designed to provide
the prospective students with information only. The
University assumes no liability of any kind to any person
for providing this information, whether or not such
persons rely on it and even if they inform the University
of their reliance on it.
This document may contain forward-looking statements
like, but not limited to, general market, macro-economic,
governmental and regulatory trends, technological
developments, legislative developments, court decisions,
scope for further studies, career opportunities for
graduates from the University. Such forward-looking
statements contained herein are subject to certain risks
and uncertainties that could cause actual results to
differ materially from those reflected in the forward-
looking statements. The University undertakes no duty
to update any forward-looking statements, to reflect
future events or circumstances.
Jurisdiction for all disputes (if any) relating to the
University is only/exclusively Agartala, Tripura, India.

4 Master Degree Programs

 Master Degree Programs
With increasing globalization, each business and industry
is exploring new opportunities and facing new challenges.
It is therefore not enough for executives to have just
a general understanding of the principles of management.
They also need to be exposed to many specific inputs
related to the industry itself, and the companies in the
industry. A deep understanding of the issues related
to the industry is essential for success.
In this context, the Institute of Chartered Financial
Analysts of India University, Tripura, offers Master Degree
Programs in different sectors based on self-study and
examinations.
These Master Degree Programs prepare students for
successful careers in today's dynamic global business
environment by equipping them with the required
knowledge and skills through effective academic delivery
and support.
The programs are designed to assist students in meeting
their career development needs and interests and also
to serve the educational needs of professionals who
want to enhance their management skills and acquire
new ones so that they can serve their organizations
more effectively.
Master Degree Programs
The following Master Degree Programs are offered:
● Master of Retail Management
● Master of Telecom Management
● Master of Aviation Management
● Master of Financial Services Management
● Master of Infrastructure Management
● Master of Hospital Administration
● Master of Media Business Management
● Master of Agri-Business Management
● Master of Hotel Management
● Master of Logistics Management
● Master of Automotive Business Management
● Master of Pharma Business Management
Program structure
The Master Degree Programs are structured to provide
the knowledge and skills required for success in a
specific sector. These knowledge areas and skills sets
are both general and specific. Each program has 12
subjects, divided into 6 groups (of 2 subjects each).
5 Master Degree Programs
Industry Analysis is a key subject and deals with the
specifics relating to the industry. The last group,
Group F, consists of two subjects which deal with the
latest case studies relating to management issues of
specific industries.
Eligibility
Graduates (any discipline) with 45% and above.
Duration: 18-24 months.
No waivers
All students are required to appear for all examinations.
There are no waivers.
Medium of instruction: English.
Students who have pursued their degree program in
non-English medium are advised to undergo proper
preparatory courses in Business English so that they
can cope with the Master Degree Programs.
Validity of enrollment
The validity of enrollment for the program is seven years
from the date of enrollment. Students who are unable
to complete the program within this period, but are
still keen on continuing the program, are required to
register de novo by paying the requisite fee. Students
who study regularly and appear for and pass the
examinations every quarter may complete the program
in 18-24 months.
360 0 Flexi-mode
The Master Degree Programs are based on study and
examinations, with 360 0 flexibility for students.
a . Self-Study: The University provides a detailed study
plan and prescribed books specially designed and
meant for self-study.
b . Examinations: The examinations serve to finally
assess and certify the students' understanding of
the subjects and level of skill development.
Examinations
The examinations are conceived, developed and
administered on a rigorous and fair basis to bring out
the best in the students and prepare them for challenging
careers in the world of management. Examinations for
the program are conducted four times a year in January,
April, July, and October.
Fee
The fee for each of the Master Degree Programs is
given in the fee schedule on page 24.
Students Regulations book Online registration facility
All students who are enrolled into the Master Degree All students are required to register for their
Programs will be provided with the Students Regulations examinations (including payment of fee) using the online
facility only, as the operations of examinations department
book which contains the various rules and regulations
are fully computerized.
pertaning to administering the program and the
examinations. Enrollment dates
In order to be eligible to appear for the examinations,
Model Question papers with suggested answers the students are required to enroll into the program
The model question papers with suggested answers based on or before the following dates.
on examination pattern will be provided.
Examinations Enroll into the Program
Eligibility for appearing in examinations on or before
Students will be eligible to appear for Group A April, 2009 November 29, 2008
examinations, five months after the date of enrollment July, 2009 February 28, 2009
provided all fee dues are paid in full. Subsequently,
October, 2009 May 30, 2009
they can appear for one group every 3 months. Students
are required to appear and pass the groups in a sequential January, 2010 August 31, 2009
order. Examination Calendar
Test centers The examinations are generally conducted on Sundays
in January, April, July and October. The schedule of
The examinations are held at the following Test centers.
the examinations is given below:
More Test centers will be added at other places in due
course. For the latest information, please visit Last Date for
Examination Dates Submission of
www.iutripura.edu.in Examination
Month, Year Dates (Sundays) Registration Form
Agartala Dibrugarh Karimnagar Rajahmundry
Agra Durgapur Kharagpur Rajkot April 2009 5, 12, 19, 26 Feb 28, 2009
Ahmedabad (2) Eluru Kochi Ranchi
Ahmednagar (4) Erode Kolhapur Rohtak July, 2009 5, 12, 19, 26 May 30, 2009
Aizawl Faridabad Kolkata (13) Rourkela
Ajmer Gandhidham Kollam Rudrapur October 2009 4, 11, 18, 25 Aug 31, 2009
Allahabad Gandhinagar Kota Sagar
Alwar Gangtok Kottayam Salem January 2010 10, 17, 24, 31 Nov 30, 2009
Amravati Ghaziabad Kozhikode Sambalpur
Amritsar Goa Kurnool Satara Passing requirements
Anantapur Gorakhpur Lucknow Shillong
Aurangabad Gulbarga Ludhiana Shimla ● To pass in a Group, the student must secure an
Bareilly Guntur Madurai Shimoga
Belgaum Gurgaon Mangalore Silchar average of 55 per cent for the two Subjects in the
Siliguri
Bellary Guwahati Margao
Solapur
Group, subject to a minimum of 45 per cent in each
Bengaluru (8) Gwalior Mathura
Berhampur Haldwani Meerut Sri Ganganagar Subject.
Bhagalpur Haridwar Moradabad Sri Nagar (2)
Bhatinda Hissar Mumbai (13) Surat (2) ● If the student secures 65 per cent or more in one
Thanjavur
Bhavnagar Howrah Mysore
Thrissur
of the two Subjects of a Group, but fails to get
Bhilai Hubli Nagpur
Bhilwara Hyderabad (8) Nasik (2)
Tiruchirapally 45 per cent in the other subject of the same Group,
Tirunelvelli
Bhopal Indore Nellore
Tirupati
he/she will get exemption from the subject in which
Bhubaneswar (2) Jabalpur New Delhi (8)
Bijapur Jaipur Noida (2)
Trivandrum he/she has secured 65 percent or more. When an
Udaipur
Bikaner Jalandhar Palakkad Udupi exemption is secured in one subject, the student
Bilaspur Jalgaon Panipat
Chandigarh (2) Jammu Pathanamthitta
Ujjain must secure a minimum of 45 percent in the other
Ulhas Nagar
Chennai (5) Jamnagar Pathankot V V Nagar subject in a subsequent sitting to pass the Group.
Coimbatore Jamshedpur Patiala Vadodara (2)
Cuttack Jhansi Patna Varanasi Award of the degree
Davangere Jodhpur Pondicherry Vijayawada
Dehradun Kakinada Pune (7) Visakhapatnam
All students who successfully complete all the 6 groups
Dhanbad Kannur Raichur Warangal of the program will be awarded the respective
Dharamshala Kanpur Raipur Yamuna Nagar
Masters Degree by the ICFAI University, Tripura.

6 Master Degree Programs

 Courseware and Case Study Focus
Courseware
The courseware includes textbooks for all courses
and workbooks and study guides for many of the
courses. Initially the courseware is supplied for the
first group only, so that the students will always get
the latest editions as they progress in their studies.
Textbooks: Textbooks are specially designed for
independent study by the students.
Study Guides: Study guides provide crisp and
concise information of all the contents of the
subjects. They help the students revise and refresh
their knowledge on all the topics.
Workbooks: Workbooks are designed to help the
students in preparing for the examinations.
The Case Study approach
As the Master Degree Programs are uniquely
designed to develop management perspective and
skills, the case method is integrated as a dominant
tool in the education methodology. It is not enough
for the student to be equipped with merely the
management tools and techniques. To be an effective
management professional, the student has to be
trained to think and act like one. Thus, the program
has a very strong case study orientation.
The program will use case studies of reputed Indian
and international companies. These cases will help
the student understand the complexities in various
business, political, legal and social environment.
Advantages
Case studies are widely acknowledged as a very
effective learning aid. A case is usually a depiction
7 Master Degree Programs
of a managerial situation or dilemma that calls for
the best possible plan of action given the available
information.
You will benefit from our emphasis on case-based
learning in the following ways:
➢ You will acquire problem solving and decision-making
skills in complex business situations.
➢ You will be able to apply theoretical learning and
test management concepts in real life practical
situations.
➢ You will gain confidence in handling dynamic
situations.
➢ You will understand the workings of the international
marketplace.
➢ You will develop strategic skills and adaptability
relevant in the global economy.
➢ You will develop an all-round personality with the
unique advantage of being able to think and act
like global managers.
Continuous learning inputs
Magazines and journals play a very important role
in updating knowledge. Students are provided with
the Effective Executive and Case Folio, monthly
publications as continuous learning inputs.
Effective Executive : Effective Executive is designed
to help students keep themselves abreast of
emerging ideas and issues in the management area.
Contents include articles, executive summaries,
interviews, debates, case studies and corporate
reports on the contemporary issues in management.
Case Folio: A monthly journal with latest case
studies covering different aspects of management.
 Training Classes
Inputs are provided to the students of the Master
Degree Programs through comprehensive courseware
including high quality textbooks, study guides and
workbooks.
Further, in order to supplement the students efforts
through self-study, the students are encouraged to
attend training classes. The training classes constitute
an important stage in the learning methodology by
enabling the students to gain an in-depth understanding
of the subjects. They provide a platform to the students
for better understanding of the concepts and also to
clarify any doubts in the respective subjects and
therefore prepare them well for the examinations.
The training classes facilitate in coping with the rigor
of the Master Degree Programs. They are beneficial
to all the students enrolling into the program; especially
for working executives and professionals who may not
find sufficient time to prepare and plan for the
examinations well in advance.
Benefits of attending the training classes
Regular attendance of the training classes enable
students to:
➢ gain in-depth understanding of the subjects covered.
➢ understand the concepts well.
➢ understand the examination pattern and obtain tips
on preparing well for the examinations through
discussion of previous question papers.
➢ discuss and clear doubts and queries pertaining to
the topics covered in the subjects.
➢ get into a disciplined mode and regular study.
Training classes
The training classes are need-based and are conducted
subject to registration of minimum number of students.
8 Master Degree Programs
For more details students are requested to contact the
respective branches.
4 times a year
The training classes are conducted during weekends/
evenings, four times a year, i.e., from January to March,
April to June, July to September and October to
December.
Duration
The classes for each subject are scheduled for
36 sessions of 1 hour 15 minutes each covering a total
of 45 hours.
Fee
Students who plan to attend the training classes are
required to pay a fee of Rs. 15,000 for the first three
groups (Groups A, B and C) at the time of enrollment
into the Master Degree Programs. If the students wish
to join the training classes subsequently after their
enrollment into the program, they are required to pay
Rs.18,000 for Groups A, B and C.
Registration for training classes
Students are strongly advised to register for training
classes, when they enroll for the Master Degree
Programs. Alternatively, they may register for training
classes as per the dates indicated below:
Dates of the Training Classes Last Date for
conducted during Registration
Jan - Mar, 2009 Dec 24, 2008
Apr - Jun, 2009 Mar 25, 2009
Jul - Sep, 2009 Jun 26, 2009
Oct - Dec, 2009 Sept 25, 2009
 Web Services 24x7
The following web services are available to all the
students:
Pre-enrollment services
➢ Online Order Form for Admission material
➢ Online Counselling (Live Chat facility)
➢ Online Enrollment through Secure Internet Payment
Gateway and Net Banking and Downloading the first
set of lessons
➢ Updates on events like seminars, conferences,
counselling meets, FDPs, etc.
➢ Press Room: Press Releases, Press Clippings
➢ E-Newsletter
➢ Online Feedback facility.
Post-enrollment services
➢ Students Regulations (Flexible Learning Regulations/
Program Regulations).
➢ Registration Facility (activation of student account)
to avail a range of services under secure environment
with Enrollment Number and Password. The services
include:online examination registration with
downloadable admit card facility; online examination
results with marks details; online admit cards; model
question papers; suggested answers.
➢ Online payment for de novo registration, Overseas
courier charges, Overseas examination fee etc.,
through secure internet payment gateway.
➢ Online prescribed forms for: change of address/
e-mail; non-receipt of courseware; non-receipt of
magazine/journal; academic queries/clarifications;
general queries; register mobile nos.; student
feedback form; de novo registration.
➢ Help line facility.
➢ Electronic student newsletter.
➢ Important information on training classes, examination
schedule, test centers, revision of curriculum,
convocation, etc.
➢ Access to online editions of magazines and journals.
➢ Online academic support and discussion fora: Interact
with faculty, industry experts and fellow students.

IUT Arbitration Tribunal

As indicated in the ‘Legal Aspects’ on Page No.28, all disputes relating to or arising out of the Enrolment
Agreement between the applicant and the ICFAI University, Tripura, shall be settled by reference to arbitration
only as per the Arbitration and Conciliation Act of 1996. An Arbitration Tribunal consisting of a single member
shall conduct the proceedings of arbitration. The University’s nominee shall be the ‘persona designata’ as an
arbitrator. The venue of arbitration shall be Agartala, Tripura, India. The University reserves the authority to
prosecute the students for criminal offences including the dishonor of cheques. The University has nominated
Dr. A.V. Narasimha Rao, MA, LLM, Ph.D., as the persona designata. Students seeking help from the
IUT Arbitration Tribunal may contact by e-mail (by quoting the Name and the Enrollment Number)
at: iutat@iutripura.edu.in

Student Grievances
As a student if you have any grievances, please let us know immediately so that we can
attend to the same as early as possible:
● Phones (Toll free) : 1800-425-2911, 1800-103-0303
● E-mail : sgc@iutripura.edu.in
Always quote your Name and the Enrollment Number.

9 Master Degree Programs

 Master of Retail Management

As the socio-economic structure in India has changed
in the last couple of decades, so has the field of retailing.
Changing lifestyles, paucity of time, and an increase
in disposable incomes have resulted in the growth of
the retail sector and also created a need for new types
of retail formats.
India was ranked first among 30 emerging markets in
A. T. Kearney's Global Retail Development Index for
two consecutive years, 2005 and 2006. The retail market
in India is estimated to have grown at an average rate
of over ten percent between 2000 and 2005. The country
had an underserved retail market worth $330 billion
in 2005. It is estimated that retail sales in India will
increase to over $500 billion in 2008.
However, even as of 2005, the sector was still dominated
by unorganized retailers. In 2005, there were 12 million
unorganized retailers who accounted for almost
97 percent of the retailing industry. There is, thus, a huge
potential for the growth of organized retailing in India.
Due to this, India has also become an attractive retail
investment destination for many multinational companies.
The once unorganized sector is now being transformed
In spite of the problems, high volume malls, shopping
outlets, supermarkets, and hypermarkets have
mushroomed around the country. These new formats
require the application of modern management
techniques if they are to be run efficiently and effectively.
Manufacturers and retailers now have to be better at
knowing their customers and responding to their needs
and wants. Retail success in today's competitive
environment is all about getting the right product to
the right place at the right time, at the lowest cost
possible. This requires retail managers to be adept at
planning, merchandising, pricing, and promotion.
The Master of Retail Management Program introduces
students to the opportunities and challenges in this
dynamic and growing sector.
MRM Program Structure
A ● Introduction to Management
● Managerial Effectiveness
B ● Marketing Management
● Human Resource Management

into an organized sector as new companies, both Indian C ● Accounting & Finance
and international, enter the arena. These include Indian
● Supply Chain Management
business groups such as the Tatas, the Reliance Group,
D ● Retail Management
the Future Group (formerly known as Pantaloon), and
the RPG Group, and international retailing giants such ● Business Strategy
as Wal-Mart and Metro. E ● Retail Industry Analysis
However, there are also some major challenges that ● Leadership & Governance
may slow down the growth of organized retailing in India.
F ● Management of Retail Business - I
These include high real estate costs, infrastructure
problems, and poor supply chain systems.
● Management of Retail Business - II

10 Master Degree Programs

 Master of Telecom Management
India's telecom sector has been one of the greatest
success stories of recent times. India is now among
the fastest growing telecom markets in the world.
Supportive government policies, coupled with private
participation, have fuelled the unprecedented expansion
of this industry.
The Telecom Regulatory Authority of India (TRAI), formed
in 1997 to regulate both the government and the private
players in the telecom sector and the New Telecom
Policy introduced in 1999, were turning points in the
history of telecommunications in India. The opening of
the long-distance market in 2002, the termination of
VSNL's monopoly over international traffic in the same
year, and the resolution of the wireless in local loop
issue contributed in further growth of the market.
The huge market potential for telecom products and
services in India and the favorable policy initiatives
attracted several small and large players such as Nokia,
Ericsson, Tata Teleservices, Reliance Communications,
Bharti Teleservices, Sify, and Huawei. The healthy
competition among mobile service providers has brought
down telecom tariffs, which were among the highest
in the world less than four years ago, to more affordable
levels. The falling tariffs have led to the wireless subscriber
base growing at a compounded annual growth of 90%
over the last three years. In the first nine months of
2006-07, the mobile service providers added 47 million
customers. Total phone connections in the country are
expected to cross 250 million by next year.
Despite the runaway success, the Indian telecom industry
faces many challenges. These include technology
upgradation, spectrum availability, network management,
customer retention, rural connectivity, and falling Average
Revenue Per User (ARPU). Spectrum availability and
efficiency of utilization of spectrum are issues that would
have to be resolved for the unhindered growth of the
telecom industry in India. Though urban connectivity
11
has improved drastically, rural and remote areas in the
country continue to be deprived of telecom connectivity.
Another challenge for service providers is retaining
customers. Also, the ARPU in India dropping to single
digits, compared to around $ 57 in the US, could affect
profitability of Indian service providers.
Managers in the telecom sector will have to handle
the fast-changing technological and business
environment. They would have to quickly respond to
policy changes. They would be required to develop
effective customer retention strategies and devise,
manage and evolve new consumer services so as to
attract new customers, increasingly from rural areas,
and increase the average revenues per customer. They
would have to be adept at planning, pricing, promotion,
and financial management.
The Master's in Telecom Management introduces students
to the opportunities and challenges in this dynamic and
growing sector.
MTM Program Structure
A ● Introduction to Management
● Managerial Effectiveness
B ● Marketing Management
● Human Resource Management
C ● Accounting & Finance
● Management of Service Operations
D ● Services Marketing
● Business Strategy
E ● Telecom Industry Analysis
● Leadership & Governance
F ● Management of Telecom Business - I
● Management of Telecom Business - II
Master Degree Programs
 Master of Aviation Management
The aviation industry in India has been growing
exponentially over the past few years with the new
reforms being introduced by the government. This
industry has seen a major boom in terms of sales turnover
of air service operators.
The Indian civil aviation industry took its first steps in
the early 1930s, when the Tatas established Tata Airlines.
The next two decades saw the entry of several private
carriers. In 1953, the government chose to nationalize
private carriers and set up Indian Airlines to serve the
domestic market and Air India to serve the international
market. The national carriers enjoyed a monopoly till
1990-91, when the Open Sky policy was implemented.
With the repeal of the Air Corporation Act, several
private players such as Jet Air, Sahara Airlines, Modiluft,
and East West Airlines were allowed to operate
commercial airlines and a new chapter in the history
of Indian aviation began.
In 2003, more reforms were introduced in the aviation
sector like an increase in the FDI limit to 49% from
40%, and a reduction of excise duty on aviation turbine
fuel to 8% from 16%. The policy reforms and a favorable
business environment attracted several more private
players like Air Deccan, Spicejet, Go Airways, Indigo
Airlines, etc, who were set-up to operate under a low
cost model.
The Indian aviation sector is currently pegged at
US$7.7 billion and is expected to grow four-fold to
US$33.4 billion in the next three years. Currently, there
are 0.1 million travelers using the air transport services.
It is estimated that 50 million people belonging to the
middle income group will use the low cost airlines in
the coming years. The aviation industry is all set to
conquer greater heights with many new air service
12
operators entering this market. The government is
planning to establish an independent regulatory authority,
to be called Airport Economic Regulatory Authority
(AERA), to regulate tariffs in heavy-traffic sectors.
However, there are a few major challenges that may
hinder the growth of the aviation industry. These include
high fuel costs, high airport charges, and the high rate
of failures in the airline business.
Managers in this sector would be expected to have
a thorough understanding of the cost structure and
to devise new ways for revenue generation. They would
be required to be adept at forming alliances with tour
operators, corporates, and travel agencies.
The Master of Aviation Management Program prepares
students to efficiently, effectively, and professionally
manage these airline companies, the number of which
is ever-increasing.
MAM Program Structure
A ● Introduction to Management
● Managerial Effectiveness
B ● Marketing Management
● Human Resource Management
C ● Accounting & Finance
● Management of Service Operations
D ● Services Marketing
● Business Strategy
E ● Aviation Industry Analysis
● Leadership & Governance
F ● Management of Aviation Business - I
● Management of Aviation Business - II
Master Degree Programs
 Master of Financial Services Management
Financial reforms in India started in 1991. The beneficiaries
were the capital markets, the banking sector, mutual
funds, and insurance sectors. The reforms resulted in
the more efficient allocation of resources and in fuelling
economic growth. With the growth of the economy, the
financial system became ever more important as a
facilitator of economic growth.
The capital market reforms have led to growth in
investment banking, brokerage, and mutual funds. The
Sensex has quadrupled over the last decade. The average
daily turnover at the BSE in the last five years has
trebled to touch Rs.43.8 billion in January 2007. The
market capitalization of the Indian stock market has
reached 91.5% of GDP in January 2007, which is
comparable with the stock markets in the developed
world. The number of FIIs has risen to over a thousand.
During 2006-07, over Rs.1.6 trillion has been mobilized
in the primary market. On an average, six initial public
offerings (IPOs) are being introduced every month, each
mobilizing an average of Rs.46 billion. This unprecedented
rise has led to the growth of several domestic investment
bankers such as SBI Capital Markets, ICICI Securities,
and AK Capital and broking houses such as ICICI
Securities, Karvy, Motilal Oswal, India Infoline, etc.
The mutual funds industry too has seen its assets base
grow by four times since 1993 to touch Rs.2.8 trillion
in January 2007. The Boston Consulting Group expects
the total assets managed by all mutual fund companies
including international funds, banks, and pension funds
to grow more than seven-fold from the current Rs.7.5
trillion to Rs.57.6 trillion by 2015.
The IRDA Act, 1999 and the creation of Insurance
Regulatory and Development Authority in 2000 threw
open the Indian insurance sector to private players.
These policy initiatives resulted in the entry of several
private players either alone or in association with foreign
insurers such as Reliance, ICICI Prudential, Bajaj Allianz,
ING Vysya, Tata AIG, and ICICI Lombard. The entry
of these players has resulted in increased penetration
13
and healthy competition. With premium collection in
India being quite low at 3% of GDP, there is a huge
potential for growth. In 2006-07, the life insurance
segment is estimated to have achieved a phenomenal
growth of 145% in premium collection from its new policies.
The non-life segment has experienced a growth of 24%
in gross premium.
Managers in the financial sector would be required to
put in place extensive distribution networks without
losing cost efficiencies, deal with sudden regulatory
changes, cope with talent crunch, etc. Such a demanding
environment calls for a new breed of professionals who
are fully equipped to understand customer needs and
provide innovative and customized solutions. They would
also be required to effectively manage human resources,
who are critical for the growth of the industry.
The Master of Financial Services Management Program
introduces students to the opportunities and challenges
in this dynamic sector.
MFSM Program Structure
A ● Introduction to Management
● Managerial Effectiveness
B ● Marketing Management
● Human Resource Management
C ● Accounting & Finance
● Management of Service Operations
D ● Marketing Financial Products
● Business Strategy
E ● Financial Services Industry Analysis
● Leadership & Governance
F ● Management of Financial Services Companies-I
● Management of Financial Services Companies-II
Master Degree Programs
 Master of Infrastructure Management

The importance of infrastructure in the development The infrastructure industry is as challenging as it is

of the economy needs no underscoring. As the Indian
economy moves ahead with an above 9% growth rate,
infrastructure investment is gaining a lot of attention.
Further, from the earlier stage of exclusive dependence
on the government, the policy framework stipulates that
government step up public investment while joining hands
with the private sectors for capital-intensive
infrastructure projects.
As per the Indian Economic Survey 2006-07, an
investment of Rs.14,500 billion or about US$ 320 billion
will be required in the infrastructure industry by 2012.
The government is expected to focus on modernizing
and upgrading the highways, improving the civil aviation
infrastructure in terms of airports and runaways,
upgrading ports, and building the railway infrastructure.
The Indian real estate industry is also attracting interest.
Housing assets continue to be in good demand and IT
and retail are driving the commercial real estate. Many
state governments have given an impetus to the real
estate industry by repealing the Urban Land Ceiling
Act, amending the Rent Control Act, and rationalizing
the number of taxes. Another factor conducive to the
growth of the industry has been availability of banking
credit.
Apart from old players such as HCC, Gammon, IVRCL,
and Nagarjuna Constructions, a good number of new
players from established houses like Reliance and Bharti
exciting. Projects with massive outlays face major
challenges ranging from financial closure to execution
problems of time and cost overruns. Further, bigger
projects like SEZs and international airports face more
complications with respect to funding and execution.
Business models of infrastructure projects need
understanding of the economy and of the inter-linkages
with a number of industries.
Managers in this sector would have to be well-versed
with project planning, project financing, developing loan
proposals, loan processing, credit sanctioning, progress
monitoring, cost estimate preparation, and risk
management. They would have to keep abreast of
developments in different aspects of infrastructure and
real estate.
The Master of Infrastructure Management Program
introduces students to the opportunities and challenges
in this dynamic sector.
MIM Program Structure
A ● Introduction to Management
● Managerial Effectiveness
B ● Marketing Management
● Human Resource Management

are jumping into the fray with joint venture partners, C ● Accounting & Finance
to seize upon the opportunity that real estate offers.
● Project Management - I
Real estate players like DLF, Unitech, Raheja, and
Hiranandani have massive plans up their sleeves for D ● Project Management - II
developing residential and commercial real estate. ● Business Strategy
With the announcement of several mega and ultra-mega E ● Infrastructure Industry Analysis
power projects, the power sector also seems to be
● Leadership & Governance
showing signs of revival. If the government goes ahead
with much-needed power sector reforms, the sector F ● Management of Infrastructure Business - I
has the potential to grow at a fast pace and further
● Management of Infrastructure Business - II
fuel growth in the economy.

14 Master Degree Programs

 Master of Hospital Administration

While the Indian economy is forging ahead and household
incomes too are rising, quality healthcare is increasingly
an area of concern for many people. On the one hand,
there has been a drastic rise in lifestyle diseases in
cities and, on the other, there has been a rising awareness
about health and health insurance. These have fuelled
the growth of the healthcare industry.
The size of the Indian hospital industry is presently
estimated at Rs.2.7 trillion. This industry is growing
at an annual rate of 13%. The private sector accounts
for nearly 86% of the healthcare market while the public
sector accounts for the rest. With over a 350 million
strong middle class demanding quality health care, the
Indian hospital industry is poised to grow at an even
faster pace. The number of medical tourists visiting
India is also increasing every year.
Corporate hospitals, which came into existence with
Apollo Hospitals in the 1980s, are now being set up
in almost every Indian city. Corporate groups such as
Max, Escorts, and Wockhardt have aggressive expansion
plans. Furthermore, corporates such as the Tata Group,
Larsen & Toubro, and Reliance have established hospitals
for their employees. With the entry of corporate players
into the Indian hospital industry, there has been an
is low when compared with the developed countries.
There is also low penetration of health insurance. The
recent government initiative focuses on improving
healthcare access, boosting private sector participation,
and upgrading technology.
The Indian hospital industry has the potential to become
a global hub for healthcare services. An increasing
number of global players are focusing on the Indian
market. The industry is expected to grow rapidly over
the next decade to reach Rs.4.9 trillion by 2012.
Managers in the Hospital and Healthcare industry would
have to be well-versed in developing the appropriate
pricing, branding, and promotional strategies. They would
be required to understand the service delivery process
and suggest improvements. They would have to have
a thorough knowledge of all costs and work towards
improving profitability.
A Masters in Hospital Administration gives students
an exposure to this vibrant and growing sector and
introduces them to its opportunities and challenges.
MHA Program Structure
A ● Introduction to Management

improvement in the infrastructure and the quality of ● Managerial Effectiveness

services. Increasing lifestyle diseases and the rising B ● Marketing Management
demand for quality healthcare services have led to the ● Human Resource Management
emergence of specialty clinics. C ● Accounting & Finance

There is, however, still a gap between demand for and ● Management of Service Operations

supply of hospital services in India, particularly in the D ● Services Marketing

rural areas. The figure for beds per thousand people ● Business Strategy
in India is just one third of the comparable figure in E ● Hospital Industry Analysis
China and half that of Malaysia. According to a WHO ● Leadership & Governance
report, India needs to add 80,000 hospital beds each
F ● Management of Hospitals - I
year for the next five years to meet the demands of
● Management of Hospitals - II
its growing population. Public health expenditure in India

15 Master Degree Programs

 Master of Media Business Management

With the growing income levels in India, the media and
entertainment (M&E) industry is poised to grow at a
brisk pace. Apart from economic and demographic factors,
favorable regulatory changes have led to increasing
foreign direct investment (FDI) in the industry.
at reducing costs. With its vast English-speaking
population and IT skills India makes a preferred choice
compared to other competitors in Asia. The use of higher
technology will bring convergence and propel India toward
becoming an entertainment hub.

According to the FICCI, India's entertainment industry
was worth around US$ 3 billion and is growing at 19%
annually. Television, the largest component of the M&E
industry, constitutes 42% of the market, followed by
the print media and films. Live entertainment, music,
and radio are the other constituents of this industry.
Radio is growing the fastest at 31% followed by television
at 24%.
Needless to say, media companies need to understand
their customers better, plan better, ensure better market
segmentation, and develop and implement innovative
product, pricing, and promotional strategies.
The Master in Media Business Management Program
introduces students to the opportunities and challenges
in this growing sector.

Ad spend in India, at 0.34% of GDP, however, is one MMBM Program Structure

of the lowest in the world and just about a third of A ● Introduction to Management
the global average. Further, though India may be ● Managerial Effectiveness
producing about 1,000 movies a year, the revenue from
B ● Marketing Management
them is only Rs. 14.14 billion. Television ownership and
● Human Resource Management
cable connection figures are still relatively low. These
C ● Accounting & Finance
indicate that the industry, given the right environment,
● Management of Service Operations
has the potential to grow at a high rate. Estimates
suggest that the industry would be able to grow to D ● Project Management

Rs 800 billion in 2010. The share of television is expected ● Business Strategy

to grow to 51% at the cost of the print media, whereas E ● Media Industry Analysis
the share of films is expected to remain constant. ● Leadership & Governance

According to NASSCOM, the Indian animation industry F ● Management of Media Business - I

segment is expected to touch US $15 billion by 2008. ● Management of Media Business - II
To India's advantage, studios in the West are looking

16 Master Degree Programs

 Master of Agri-Business Management

India has 297 million hectares of land, of which over
54% is arable. India is the third largest producer of
agri-products and processed food, just behind the US
and China.
The Indian processed food industry is estimated to be
Rs.6 trillion and is growing at a rate of 10%. Export
of processed food has been around Rs.370 billion and
is growing at 8%. The Indian food processing industry
is becoming an attractive FDI destination; it attracted
an FDI around Rs.45.19 billion during the period
1991-2005.
has taken some policy initiatives to encourage agri-
businesses and the food processing sector.
The policy initiatives as well as strong demand side
factors such as increasing urbanization, rising incomes,
increasing number of double-income-nuclear families,
increasing health awareness among consumers, increasing
demand for healthy and nutritious foods, etc. have
attracted several companies such as ITC, Dabur, and
HLL to the industry. Undoubtedly, the industry is getting
more organized.
Managers in this sector would have to have a keen

Higher disposable incomes have led to an increase in knowledge of the customer and provide solutions that

consumption of processed foods across all categories.
For example, the consumption of products like nuts,
frozen foods, and pasta have witnessed an average
annual growth of over 10% during the last 5 years.
The ready-to-eat segment is experiencing an explosive
growth of above 50%, with this trend expected to
meet their tastes and requirements. They would also
have to be skilled at planning product launches, pricing,
branding, promotion, etc.
A Master's in Agri-Business Management would give
students an exposure to this dynamic and growing sector
and introduce them to the opportunities and challenges

continue in the future. contained in it.

Though, as of 2007, the industry is dominated by MABM Program Structure

unorganized small players who constitute 75% of the
A ● Introduction to Management
industry, several companies, both domestic and foreign,
● Managerial Effectiveness
are expected to enter in the near future. However, the
rate and degree of corporatization varies across the B ● Marketing Management

segments. For example, while the beverages and ● Human Resource Management
confectionery segments are dominated by the organized C ● Accounting & Finance
sector, segments like fruits & vegetable processing, dairy, ● Operations Management
and poultry are largely served by small, unorganized
D ● Project Management
processors.
● Business Strategy
India's share of processed food in the global market
E ● Agri-Business Industry Analysis
is very low at about 2%. While India continues to surge
ahead with a GDP rate of 9.2% during 2006-07, the ● Leadership & Governance
only sector that has not kept pace is agriculture, which F ● Management of Agri-Business Companies - I
grew at 2.7%. Since, in India, more than half of the ● Management of Agri-Business Companies - II
population is dependent on agriculture, the government

17 Master Degree Programs

 Master of Hotel Management

As the Indian economy continues to move rapidly ahead, plans up their sleeves. MNC players like Hilton, Accor,
it is also becoming more integrated with the global and Dubai-based Kingdom Hotels are also entering into
economy. The initiatives taken by the government to India in a big way. The government has approved about
improve infrastructural and transportation facilities and 300 hotel projects. Many of these are likely to be

the easing of foreign investment have increased the completed in the next three years and are expected
to increase capacity by about 75,000 rooms.
demand for hotels across star categories in many Indian
cities. There have been challenges in terms of infrastructure,
rising real estate costs, and above all, an acute shortage
India, with its unique combination of snowy mountains,
of professionally trained managers to address industry
landscapes, historical sites, golden beaches, colorful
needs in planning, branding, pricing, promotion, and
people, rich culture, and festivals, was able to attract
event management. Also, steps would have to be taken
4.42 million international tourists in 2006. The recent
to develop cultural and heritage tourism, rural tourism,
promotional efforts of the Indian government have also adventure tourism, and health and healing tourism, all
contributed to this increase. Domestic travel has also of which show tremendous potential for growth over
been growing at a brisk rate of 14%, touching the 500 the next decade and beyond.
million mark in 2006. Meetings, Incentives, Conventions The Master's in Hotel Management introduces students
and Exhibitions (MICE) is the fastest growing segment to the opportunities and challenges in this burgeoning
which rapidly boosts the growth of hotel management. sector.
Budget hotels are another emerging segment that is
growing very fast.
MHM Program Structure
However, considering India's size and diversity, the
A ● Introduction to Management
number of tourist arrivals is paltry. According to Madrid-
based World Tourism Organization, a total of 842 million ● Managerial Effectiveness
international tourist arrivals world over were recorded B ● Marketing Management
during 2006. India's share has been a miniscule 0.52%
● Human Resource Management
of the global pie. Despite the low share, India faces
C ● Accounting & Finance
an acute shortage of around 110,000 rooms. Due to
the massive gap between demand and supply, hotels ● Management of Service Operations
have increased their average room rates by almost D ● Services Marketing
18-22% annually. The high rents are also responsible
● Business Strategy
for many tourists not wanting to visit India. Therefore,
E ● Hotel Industry Analysis
the supply shortage would have to be addressed
immediately if India wants to attract more tourists. Quite ● Leadership & Governance
expectedly, almost all the top Indian hotel chains like F ● Management of Hotels - I
the Indian Hotel Company, East India Hotels, Leela Palace
● Management of Hotels - II
Kempinski, and the ITC Welcomgroup have aggressive

18 Master Degree Programs

 Master of Logistics Management

The supply chain and logistics industry, which broadly
covers freight transportation, warehousing, packaging,
customs clearing and forwarding, inventory management,
labeling, and order processing, has benefited from the
growth of the Indian economy in general and the
manufacturing and services sector in particular.
The major industries contributing to the logistics market
include pharmaceuticals and chemicals, automotive,
computer peripherals, FMCG, engineering products,
machinery, retail, and healthcare. These industries are
also opting to outsource their logistics requirements
to specialized service providers, called Third Party
Logistics (3PL) service providers. Of late, the concept
of Fourth Party Logistics (4PL) service providers, acting
as a single interface between the client and multiple
logistics service providers, has also started gaining
popularity.
According to estimates, the Indian logistic market was
worth Rs.5.3 trillion in 2006-07 and was expected to
grow at an average annual growth rate of 6.4%. With
the government giving a thrust to infrastructure by way
of national highway projects, expressways, urban renewal
plans, and investment in railways and port facilities,
the implementation of VAT and rationalization of the
taxation structure, the logistics industry is poised to
grow at even faster rates. Logistics companies are
expected to develop large regional warehouses. All major
players such as the Container Corporation of India,
Indian industry has failed to match the world's best
markets in efficiency. However, Indian industry is
increasingly adopting more sophisticated logistics and
supply chain management practices to gain a competitive
edge. Technology deployment such as Radio Frequency
Identification is also redefining the industry and improving
efficiencies.
Managers in the logistics industry would need to have
a thorough understanding of the market in order to
compete and sustain high growth. They need to
understand their customers better, plan better to meet
delivery deadlines in spite of exigencies, and be more
efficient in utilizing their assets. The players would also
have to upgrade their knowledge and understanding
of international distribution.
The Master in Logistics Management Program
introduces students to the opportunities and challenges
in this dynamic and growing industry.
MLM Program Structure
A ● Introduction to Management
● Managerial Effectiveness
B ● Marketing Management
● Human Resource Management
C ● Accounting & Finance
● Supply Chain Management

the Transport Corporation of India, Blue Dart Express, D ● Project Management

Gati, the Shipping Corporation of India, and GE Shipping ● Business Strategy
have aggressive plans to seize the emerging E ● Logistics Industry Analysis
opportunities.
● Leadership & Governance
The Indian logistics market is highly fragmented. Although
F ● Management of Logistics Business - I
worldwide, better supply chain management has reduced
● Management of Logistics Business - II
logistics costs by nearly 1%, in the last ten years, the

19 Master Degree Programs

 Master of Automotive Business Management

The liberalization of the Indian automotive industry in that the industry will continue to grow at a brisk pace
1991 laid the ground for the development of this industry. for many more years. However, for this growth potential
With the de-licensing of the automotive sector and the to be realized, the government would have to create
subsequent opening up of 100% FDI through the a conducive environment and help improve
automatic route, the Indian automotive industry attracted competitiveness of the Indian auto industry. The
interest from both private as well as foreign players. government is giving tax subsidies with the intention
On the one hand, rising purchasing power has been to develop India into a global hub for compact cars.
fuelling domestic demand and on the other, market- In addition, it has come out with an Automotive Mission
linked exchange rate and availability of trained technical Plan 2006-2016.
manpower at competitive cost have made auto Managers in the automotive sector would be required
manufacturing in India more attractive. The near to have specialized knowledge of the sector in addition
stagnation of the auto industry in USA, the EU, and to a good understanding of all functional areas. With
Japan has also worked as a push factor for shifting several more brands and companies expected to enter
of new capacities and capital into India. India in the near future, managers would have to keep
On an average, the Indian automotive industry has grown track of competition and develop comprehensive
at a spectacular rate of 17% in the last few years. The marketing programs including merchandising, branding,
industry has attracted an investment of around Rs.500 and promotion. They would also have to devise strategies
billion and a further Rs.350 billion worth of investments to enter new segments of the market.
are in the pipeline. The industry has now attained a A Master's in Automotive Business Management would
turnover of Rs.1,650 billion (US$ 34 billion) and provides equip students to face the opportunities and challenges
direct and indirect employment to 13.1 million people. in this dynamic sector.
Exports in the automotive sector have grown at an
average CAGR of 30% per year in the last five years. MAuBM Program Structure
The growing demand for automobiles and business- A ● Introduction to Management
friendly policies of the government has helped in attracting
● Managerial Effectiveness
several large MNCs such as GM, Ford, Toyota, Honda,
Hyundai, etc to the Indian market. Almost all of these B ● Marketing Management
players have established greenfield units in India. With ● Human Resource Management
the establishment of automobile factories, a large number
C ● Accounting & Finance
of Indian as well foreign automotive component companies,
● Operations Management
such as Bharat Forge, Sona Koya, Schumak Equipment,
etc. have also set up ancillary units, with many even D ● Project Management
exporting their products to faraway countries. ● Business Strategy
However, the Indian Automotive Industry's contribution
E ● Automobile Industry Analysis
globally is very low at 2.37% of world production. Similarly,
● Leadership & Governance
Indian auto exports constitute only about 0.3% of global
trade. Nevertheless, future growth estimates indicate F ● Management of Automobile Business - I
that India will become the world's third largest automobile ● Management of Automobile Business - II
market by 2030, behind China and the US. This suggests

20 Master Degree Programs

 Master of Pharma Business Management

With the advent of the new Intellectual Property Rights dominated by bulk drugs, would continue to grow at
(IPR) regime in 2005, the Indian pharmaceuticals industry 17-18%.
has entered a new era. In the recent past, the Indian
Managers in this sector would have to be knowledgeable
pharmaceutical industry has shown tremendous progress
of Intellectual Property Rights. Apart from having a
in terms of infrastructure development, creation of
thorough understanding of different functional areas,
technology base, and diversification of product range,
they would have to be aware of global best practices
and now has the capability to manufacture bulk drugs
and implement them in their organizations. With a
belonging to all major therapeutic groups.
growing OTC market, they would have to be familiar
Currently, the Indian pharmaceutical market size is with branding and brand development. They also would
estimated to be over Rs. 475 billion, and the industry have to develop strategies concerning pricing, market
is growing at an average annual growth rate of 13.7%. segmentation, new product development, and
Indian pharmaceutical exports is expected to cross Rs.270 distribution.
billion in the coming years. According to a recent
The Master's in Pharma Business Management introduces
McKinsey report, the Indian pharmaceuticals industry
students to the opportunities and challenges in this
has the potential to double in size in near future.
dynamic sector.
However, the industry is highly fragmented, with more
MPBM Program Structure
than 24,000 manufacturing units. It also has a number
A ● Introduction to Management
of pharmaceutical manufacturing units under the control
of the central and state governments. In the private ● Managerial Effectiveness
sector, Ranbaxy, Cipla, and Dr. Reddy's Laboratories B ● Marketing Management
are the major players. MNCs have maintained a low-
● Human Resource Management
key presence in the Indian market due to the absence
C ● Accounting & Finance
of product patents and price controls.
● Operations Management
The pharmaceutical industry in India has the potential
to achieve even higher growth levels. However, this D ● Sales and Distribution Management
is possible only if key enabling factors such as a ● Business Strategy
world-class patent regime and an environment that fosters
E ● Pharma Industry Analysis
innovation and entrepreneurship are put in place. With
● Leadership & Governance
over US$ 50 billion worth of drugs going off patent
in the next four years, there is a huge global opportunity F ● Management of Pharma Business - I
for India. Contract manufacturing is expected to touch ● Management of Pharma Business - II
Rs.40 billion, whereas exports of pharmaceuticals,

21 Master Degree Programs

 Admission Policies and
Guidelines to Complete the Application Form
Admission
The goal of the Admissions Board is to select students
whose academic background, work experience, leadership
abilities and communication skills meet the demands
of the Program. The Admissions Board evaluates
applicants' potential as future leaders and their projected
ability to succeed in and profit from the program.
Enrollment
Applications received from the students are checked
for the basic eligibility criteria and the eligible students
are enrolled into the program under the flexible mode.
Students who have secured 45 per cent and above in
their graduation are required to submit the photocopies
of marksheets for all 3 (or 4) years in support of the
eligibility along with the Application Form for Enrollment.
No enrollment of foreign citizens
The admission into the flexible learning program is not
open to foreign citizens due to visa restrictions. They
may write to the Registrar for guidance on this matter.
Rejected applications
If the applicants do not satisfy the eligibility criteria,
the applications are returned to them along with all
enclosures and the payment paid after deducting
Rs.500. Such students are, however, permitted to apply
again after they satisfy the eligibility criteria. The students
whose applications have been rejected may appeal to
the Admissions Board, if they wish to have a review
of their applications.
22
Proof of address
All students are required to produce the photocopies
of any one of the following documents as address
proof at the time of enrollment: Latest telephone
(BSNL/MTNL) bill, latest electricity bill, latest property
tax bill, voter ID card, ration card, passport, driving licence,
ID card issued by any authorized body with seal.
Remittance
The applicants are required to pay the fee as indicated
in the Fee Schedule on Page No.24. The remittance
can be done by way of Demand Draft or Credit Card.
Demand Draft should be in favor of "IUCF A/c FLP"
payable at Hyderabad. For Instalment facility/EMI facility
please refer to Fee Schedule (Page No.24).
No refund
The amount once paid is not refundable under any
circumstances, except in the case of rejected applications.
Right to amend rules
The University reserves the right to amend the rules
and regulations wherever considered necessary and
appropriate. Such amendments will be intimated to the
students. Therefore, this publication and the descriptions
contained herein are not to be construed as a contract
binding the University to any specific policies. Possible
changes include, but are not limited to curriculum and
course content, passing requirements, eligibility criteria
for examinations, fee schedule, refund policy,
examination pattern, certification and designation, and
such other matters as may be considered relevant.
Master Degree Programs
Guidelines
The students are advised to read the following guidelines
carefully before completing the Application Form for
Enrollment and Fee Remittance Form.
a. The Application Forms should be filled in Capital
Letters.
b. Please respond to all the information sought.
c. Additional sheets may be used, if necessary.
d. Ensure that the Application Forms are signed.
Photocopies of certificates
a. Photocopies of certificates regarding date of birth
and educational qualifications shall be enclosed with
the Application Form for Enrollment.
b. Original Certificates should not be sent.
Enclosures
Please ensure that your Application contains the
following enclosures.
a. Application Form for Enrollment into the program
(with recent color photograph affixed).
b. Copies of Certificates of Date of Birth and Educational
Qualifications/Mark Sheets.
c. Fee Remittance Form.
d. Demand Draft/Credit Card Merchant Slip (wherever
applicable) towards the payment.
e. Students have to produce photocopies of any one
of the following documents as address proof at the
time of enrollment: Latest telephone (BSNL/MTNL)
bill, latest electricity bill, latest property tax bill,
23
voter ID card, ration card, passport, driving licence,
ID card issued by any authorized body with seal.
f. Those students availing the Instalment facility/EMI
facility are requested to enclose the postdated cheques
for the required amount along with the Fee Remittance
Form.
The completed Application Forms along with
the required enclosures can be submitted or
sent by speedpost/courier to:
The Admissions Officer,
The ICFAI University, University Campus,
Agartala - Simna Road,
P.O. Kamalghat Sadar - 799210, Tripura (West).
Students are advised to take note of the validity date
specified on the Application Form for Enrollment and
ensure that their Forms reach the Admissions Officer
on or before the validity date.
Online Enrollment through Secure
Internet Payment Gateway
Students can enroll into the program by logging on
to www.iutripura.edu.in for filing the application form
online and making the payment through Internet.
Students can make the payment through the Credit
Card issued by Citibank, ICICI Bank, HDFC Bank
or the VISA/MasterCard issued by any bank, through
Secure Internet Payment Gateway. Net Banking
facility is also available for net banking account
holders of AXIS Bank and ICICI Bank. Students may
please note that payments relating to examinations
will be accepted only through Secure Internet
Payment Gateway.
Master Degree Programs
 Fee Schedule
(With effect from April 1, 2008 and valid for the Academic year 2008-09 only)
The Master Degree Programs (Categories for fee purpose only)

Category I ● Master of Retail Management ● Master of Hospital Administration

Category II ● Master of Telecom Management ● Master of Aviation Management ● Master of Financial
Services Management ● Master of Infrastructure Management ● Master of Media Business
Management ● Master of Agri-Business Management ● Master of Hotel Management
● Master of Logistics Management ● Master of Automotive Business Management
● Master of Pharma Business Management

Category - I Category - II
Particulars With Without Training With Without Training
Training Classes (Rs.) Classes (Rs.) Training Classes (Rs.) Classes (Rs.)
Admission Fee 3,000 3,000 3,000 3,000
Program Fee 25,000 25,000 20,000 20,000
Training Classes 15,000 — 15,000 —
Total 43,000 28,000 38,000 23,000
Option I Lumpsum Payment 43,000 28,000 38,000 23,000
Option II Instalment Facility
Initial payment: At the time of Application
(by Demand Draft/Credit Card) 15,000 15,000 15,000 15,000
On the 30th day after Application
(by Postdated Cheque) 28,000 13,000 23,000 8,000
Option III EMI Facility
Initial Payment
(by Demand Draft/Credit Card) 15,000 15,000 15,000 15,000
Balance amount to be paid through
5 Equated Monthly Instalments [EMIs]
(including bank charges) by
Postdated Cheques 5,880 2,730 4,830 1,680

Remittance Information
1. a. Currently, the Admission Fee is Rs. 3,000. Students
are required to pay the fee as indicated in the Table
above, either in Lumpsum, or through the Instalment
facility or EMI facility.
b. The fee can be paid by way of Demand Draft or Credit
Card (VISA or MasterCard only). The Demand Draft
should be A/c payee crossed in favor of "IUCF A/c FLP"
payable at Hyderabad. Students can make the payment
through Credit Card at the respective branches. They
should get their Credit Cards swiped for the required
amount, sign and attach the merchant copy of the slip
along with the Fee Remittance Form and keep the
customer copy with themselves (as acknowledgement).
c. The employees of the University are not authorized to
accept cash payments from the students under any
circumstances and also are not authorized to swipe their
personal credit cards to pay on behalf of the students.
Students should not share their credit card information
with the employees of the University and should not
make any payments by cash. Any students deviating
from the above will be doing so at their own risk and
responsibility.
2. Instalment facility/EMI facility for payment of fee:
a. Instalment facility/EMI facility is offered to all the
students for payment of fee. Under both the facilities,
the initial payment should be made by way of

24 Master Degree Programs

 Demand Draft/Credit Card and the balance amount
should be paid through postdated cheques.
The postdated cheques should be in favor of
“IUCF A/c FLP”. The students can choose either
Instalment facility or EMI facility as indicated
(in the Table) accordingly.
b. Instalment facility: The initial payment (i.e. first
instalment) is payable at the time of application by
Demand Draft/Credit Card. The second instalment is
payable on the 30th day after application by way of
postdated cheque. For example if a student enrolls on
April 15, the second instalment (amount payable in
rupees) will be due on the 30th day, namely May 15. The
students should enclose the Demand Draft/Credit Card
slip towards the first instalment and postdated cheque
(A/c payee crossed) towards the second instalment
along with the Fee Remittance Form.
EMI facility: The initial payment is payable at the time
of application by Demand Draft/Credit Card. The EMIs
are payable on the first of every month, subsequent to
enrollment. For example, if a student enrolls on
April 15, his/her first EMI (amount payable in rupees)
will be due on May 1. The EMIs should be paid through
postdated cheques. The students should enclose the
postdated cheques (A/c payee crossed) along with the
Fee Remittance Form and the Demand Draft/Credit Card
slip for initial payment.
c. Students availing the Instalment facility/EMI facility are
required to complete the Fee Remittance Form and
enclose the Demand Draft and postdated cheques for
the required amount.
d. Students should note that only those Application Forms
accompanied with the demand draft or credit card
payment slip towards initial payment, and postdated
cheques towards the Instalment facility/EMI facility, will
be considered as valid.
e. Students depositing the postdated cheques should
ensure that the postdated cheques should not be
dishonored under any circumstances as and when they
are due for payment. In the event of dishonor of any
cheques, the students and the signatories of such
cheques will be liable for prosecution under Section 138
of the Negotiable Instruments Act, 1881 and such other
legal actions as may be taken by the University.
25
f. The PDCs should be drawn on scheduled commercial
banks located in the cities specified below:
Agartala, Agra, Ahmedabad,Ahmednagar, Aizawl, Ajmer,
Alapuzzha, Aligarh, Allahabad, Almora, Alwar, Ambala,
Amrawati, Amritsar, Anantapur, Angul, Aurangabad ,
Balasore, Bareilly, Belgaum, Bellar y, Bengaluru,
Berhampur, Bhagalpur, Bhatinda, Bhilai, Bhilwara,
Bhimavaram, Bhopal, Bhubaneswar, Bidar, Bijapur,
Bikaner, Bilaspur, Calicut, Chandigarh, Chandrapur,
Chennai, Chittoor, Chittorgarh, Coimbatore, Cuttack ,
Davangere, Dehradun, Dhanbad, Dharamshala,
Dibrugarh, Durgapur, Eluru, Ernakulam, Erode, Faizabad,
Faridabad, Gandhidham, Gandhi Nagar, Gangtok,
Ghaziabad, Goa, Gorakhpur, Gulbarga, Guntur, Gurgaon,
Guwahati, Gwalior, Haldwani, Haridwar, Hassan, Hubli,
Hissar, Hyderabad, Indore, Jabalpur, Jaipur, Jalandhar,
Jalgaon, Jammu, Jamnagar, Jamshedpur, Jhansi, Jodhpur,
Kadapa, Kakinada, Kannur, Kanpur, Karimnagar, Karnal,
Karur, Kasargode, Khammam, Kharagpur, Kochi,
Kolhapur, Kolkata, Kollam, Kota, Kottayam, Kurnool, Latur,
Lucknow, Ludhiana, Madurai, Mahabubnagar,
Mangalore, Mathura, Meerut, Mohali, Moradabad,
Mumbai, Muzaffarpur, Mysore, Nagpur, Nanded, Nasik,
Nellore, New Delhi, Nizamabad, Noida, Ongole, Palakkad,
Panchkula, Pathanamthitta, Pathankot, Patiala, Patna,
Pondicherr y, Pune, Rae Bareli, Raichur, Raipur,
Rajahmundry, Rajapalayam, Rajkot, Ranchi, Ratnagiri,
Rohtak, Roorkee, Rourkela, Rudrapur, Sagar, Salem,
Sambalpur, Sangli, Satara, Satna, Shillong, Shimoga,
Shimla, Silchar, Siliguri, Solapur, Srinagar, Sri Ganga
Nagar, Srikakulam, Surat, Tanuku, Tanjavur, Thrissur,
Tiruchirapalli, Tirunelvelli, Tirupathi, Trivandrum, Tumkur,
Tuticorin, Udaipur, Udipi, Ujjain, Vadodara, Vallab
Vidyanagar, Varanasi, Vellore, Vijayawada,
Visakhapatnam, Vizianagaram, Warangal, Yamuna Nagar.
If the students send any cheques drawn on banks located
in cities other than the specified cities, such cheques
will not be accepted. Only MICR and multi-city cheques
will be accepted.
g. The University reserves the right to withdraw the
Instalment facility/EMI facility for payment of fee at any
time.
Master Degree Programs
3. The examination fee is to be paid separately as and when 8. All students registering in the Program are required to pay
the student is eligible and register for the examinations. the stipulated payment as per schedule. Wherever students
The fee is Rs.1,000 per group. have arrears of payment, they will not be permitted to write
the examinations or their examination result will not be
4. The Master Degree Programs students are entitled to receive
released and their mark sheets, pass certificates will not
Effective Executive magazine for a period of 12 months,
be issued; further such students will be considered as
from the date of enrollment. In addition, all students at
inactive on the rolls of the University and their names are
Group F will also receive Case Folio journal for a period
liable to be removed from the records.
of 9 months.
9. The fee is subject to change from time to time. Students
5. The payment towards training classes for Groups A,B and
will be informed of the payment revisions through e-mails,
C is Rs.15,000, if paid at the time of enrollment. These
electronic newsletters, students regulations, etc. The
classes are conducted four times a year and they are
students are required to pay as may be prevalent in the
need-based. If the students wish to join the training classes
relevant academic year. The fee indicated in this document
subsequently after their enrollment into the program, they
is valid for 2008-09 academic year only.
are required to pay Rs.18,000 for Groups A,B and C.
10. Overseas Students:
6. Training Classes will be held solely at the discretion of the
University, subject to a minimum number of students a) Students who wish to receive the courseware at their
registering for the same. In case it is decided not to hold overseas address are required to remit US$75 per group
such classes, the fee paid by the students towards such towards overseas courier charges.
classes will be refunded. The students will have no claim b) Students who wish to receive Effective Executive
for refund of any other fee. magazine, Case Folio journal and other mailers at their
overseas address are required to remit overseas mailing
7. In the unfortunate event of death of a specified parent/
charges of US$200 per annum towards the same.
guardian/spouse who is funding the education of the
student, the balance of basic fee payable by the student c) Students who wish to appear for examinations at any

will be waived by the University. Hence, such unfortunate overseas test centers are required to contact the Indian

students need not discontinue their studies. In the Embassy/High Commission/Consulate Officials and

unfortunate event of death of a student during the two year obtain their consent to supervise the examination and

period from the date of enrollment, the basic fee paid by mail the same to the Controller of Examinations before

the student will be refunded to the specified parent/ submitting the Examination Registration Form. The

guardian/spouse. Further details will be provided in the University will not take any responsibility for obtaining

Student Regulations book. the consent from the above mentioned Officials.

26 Master Degree Programs

----------------------------------------------------------------------------------------------------------- CUT HERE ------------------------------------------------------------------------------------------------------------------------------------------

Application valid up to Application No.

88MDP -

The Institute of Chartered Financial Analysts of India University, Tripura

University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West).

The Master Degree Programs

360 0 Flexi-mode
Application Form for Enrollment WE
(Read carefully all the pages of this Document including Admission Policies, Guidelines, Remittance Information and Legal aspects before filling this Application Form)
Foreign citizens should not apply using this Form. They may write to the Registrar for guidance.

1. PROGRAM APPLIED FOR ( Please specify) :

2. PERSONAL DETAILS
Name : Mr/Ms
(USE CAPITALS) (As it appears in Official Records, Underline Surname)
Paste a recent color
Parent’s/Guardian’s Name : Mr/Ms _____________________________________________________________________________ photograph of size
Address# __________________________________________________________________________________________________ 3.5 x 4.5 cms.
(USE CAPITALS) Photograph must not be
larger than this box.
Nearest Land Mark __________________________________________________________________________________________
Do not sign the
___________________________________________________________________________________________________________ Photograph
(City) (State) (Pin) and do not staple
Tel.(Off.) ___________________________________________ (Res.)____________________________________________________
(City Code) – (Area Code) - Number (City Code) – (Area Code) - Number

Fax:______________________________________________ Mobile : ___________________________________________________

(City Code) – (Area Code) – Number
E-mail*:______________________________________________________________ Date of Birth
1 9
Date Month Year
Indian Passport No. Place of Issue : _____________________ Citizenship: Indian Foreign
#
Proof of Address is required. * All applicants are mandatorily required to give e-mail address and mobile number for speedy communication.

3. ACADEMIC RECORD
Examination Level Qualification Board/University/Institute Medium of Instruction Marks (%) /Grade Year of Passing

XII Class
Bachelor’s Degree

Others

4. OCCUPATION (Please tick ( ✓ )

Full-time Student Full-time Employee

If employed: Organization _____________________________________ Designation ________________ Industry __________________________

5. DECLARATION: I wish to apply for the Master Degree Programs on a flexible mode. I have carefully read the academic and administrative rules and regulations of the
Institute of Chartered Financial Analysts of India University, Tripura as given in this Document and Application Material and agree to abide by the same. I understand that
these rules are only indicative and may be modified/changed/revised and the complete list of rules and regulations as updated from time to time will be given to me on my
enrollment in the form of Students Regulations. I understand that in case I withdraw from the program I will not be entitled to claim any refund of amount paid. I agree that
I will settle the amount with the ICFAI University whether or not I continue in the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University
is only/exclusively Agartala, Tripura. I hereby declare that the information provided by me in the Application is true and correct to the best of my knowledge. My signature
below certifies that I have read, understood and agree to the rules and regulations, including “Legal Aspects”, and my financial responsibilities.

Place: Date : Signature of the Applicant

Applicants are advised to retain a photocopy of the completed Application Form for Enrollment for their records.
The relevant enclosures and forms should be enclosed along with the required payments.

27
 Legal Aspects
The Institute of Chartered Financial Analysts of India University, Tripura (referred to hereafter as the University) was established
in 2004 through an Act of State Legislature (Tripura Act 8 of 2004). The University has been approved by the University Grants
Commission, under Section 2(f) of the UGC Act, 1956. The Distance Education Council (DEC) has approved the programs of
the ICFAI University, Tripura. The students are enrolled on a flexible mode.
The University reserves the right to change the body of knowledge, prescribed books, the curriculum, examination pattern, evaluation
system, rules and regulations. The students are governed by the latest regulations applicable to them during the relevant academic
year. This document is designed to provide the prospective students with information only. The University assumes no liability of any
kind to any person for providing this information, whether or not such persons rely on it and even if they inform the University of
their reliance on it.
This document may contain forward-looking statements like, but not limited to, general market, macro-economic, governmental
and regulatory trends, technological developments, legislative developments, court decisions, scope for further studies, career
opportunities for graduates from the University. Such forward-looking statements contained herein are subject to certain risks
and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. The
University undertakes no duty to update any forward-looking statements, to reflect future events or circumstances.
Enrollment Agreement: The "Application for Enrollment" is the Enrollment Agreement (hereinafter referred to as the Agreement)
between the applicant who wishes to enroll on a flexible mode and the Institute of Chartered Financial Analysts of India University,
Tripura (hereinafter referred to as the University).
Entire Agreement: This Agreement constitutes and expresses the entire agreement and understanding between the University
and the students of the University in reference to all matters herein referred to, all previous discussions, promises, representations
and understandings relative thereto, if any, had between the parties hereto, being herein merged.
Interpretation: The masculine, feminine or neuter gender and the singular or plural number shall be deemed to include the other
gender or numbers where the context so indicates or requires. Unless otherwise expressly provided, references to days, months
or years are to calendar days, months or years. Person or persons include individuals, partnerships, corporations, government
agencies or other entities. Section headings are included for convenience only and are not to be used to construe or interpret
this Agreement.
Conclusion of the Agreement: The Agreement is irrevocably concluded after the applicant signs the application form and submits
it along with the required amount, physically, electronically or otherwise.
No Third Party Beneficiaries: Enrollment of any student into the Master Degree Programs, shall not entitle any person (including,
without limitation, members) to any rights as third party beneficiary.
Balance of Dues: The liability of the student to pay the balance of dues continues until the last instalment is cleared even if
the student, for any reason, withdraws from/discontinues the pursuit of the program. Wherever students have arrears of payment,
they will not be permitted to write the examinations or their examination result will not be released and their mark sheets, pass
certificates may not be issued; further such students will be considered as inactive on the rolls and their names are liable to be
removed from the records.
No Obligation to Services, etc.: The University has no obligation to render any services to the student members beyond the
period of validity of enrollment. To clarify further, no obligation of the University shall survive beyond the period of validity of enrollment.
Limitation of Liability: The liability of the University towards the students is limited only to the extent of the fee paid by them.
To clarify further, the University shall not be liable to the students for punitive, exemplary, special, indirect, or consequential damages,
including without limitation, lost profits.
Assignment: The students cannot assign this Agreement nor any part thereof the University may, without necessity of the students'
consent, assign its rights and obligations under this Agreement to a successor organization.
Force Majeure: The University shall not be liable for delay or failure in performance of any of its obligations under the Agreement
when such delay or failure arises from events or circumstances beyond the reasonable control of the University (including without
limitation, acts of God, fire, flood, war, explosion, sabotage, terrorism, embargo, civil commotion, acts or omissions of any government
entity, supplier delays, decisions of the University, decisions of the courts and governments, communications or power failure,
equipment or software malfunction, or labor disputes).
Indemnity: A student agrees to indemnify, defend and hold the University harmless from and against any and all loss, damage,
liability and expense (including reasonable attorney’s fees and costs) arising out of any third party claim, action or proceeding
based directly or indirectly on the acts of omission or commission by the member or his/her agents, the breach or alleged breach
or failure to comply with any applicable laws or regulations, concerning the practice of respective professions.
Arbitration: All disputes relating to or arising out of this Enrollment Agreement shall be settled by reference to arbitration only
and not by recourse to the courts of law, as per the applicable Indian Law including the Arbitration and Conciliation Act of 1996.
Arbitration shall be conducted by an arbitration tribunal consisting of a single member only. The University’s nominee shall be
the ‘persona designata’ as an arbitrator. The venue of arbitration shall be Agartala, Tripura, India. The arbitration clause shall
however not apply if the University and/or the authorized agent decides to prosecute any student for any criminal offences, including
but not limited to dishonor of postdated cheques.
Applicable Law: The Agreement shall be deemed to have been made in Agartala in the State of Tripura, India and shall be construed
and enforced in accordance with and the validity and performance hereof shall be governed by the laws of the State of Tripura,
India without reference to principles of conflict of laws thereof. Judicial proceedings regarding any matter arising under the terms
of the Agreement shall be brought in the relevant courts of Agartala, Tripura.
Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura, India.
© The ICFAI University, Tripura. All rights reserved.

28
 Fee Remittance Form
To be submitted along with the Application Form for Enrollment into the Master Degree Program.
The ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West).
1. PERSONAL DETAILS
Name: Mr/Ms
(Use capitals) (As it appears in Official Records, Underline Surname)

2. APPLICATION NUMBER of the Master Degree Program

(Please refer the Application Form for Enrollment into the Master Degree Program of the ICFAI University, Tripura)

8 8 M D P

3. PROGRAM APPLIED FOR (Please specify):

4. FEE REMITTANCE Please tick ( ✓ ) (With Training Classes) (Without Training Classes)
Please refer Page No.24 for details. Rs. 43,000 (Category - I) Rs. 28,000 (Category - I)
Rs. 38,000 (Category - II) Rs. 23,000 (Category - II)
(I) LUMPSUM PAYMENT : Amount Rs.__________________________ [Please (✓) tick] By Demand Draft By Credit Card *
Remittance through Demand Draft (DD should be in favor of ‘IUCF A/c FLP’, payable at Hyderabad)
DD Details : Name of Bank : DD No.: Date : Amount Rs._________
* Applicants can make the payment through Credit Card at the respective branches. They should get their Credit Cards swiped for the required amount, sign and attach the merchant
copy of the slip along with this Fee Remittance Form and keep the customer copy with themselves (as acknowledgement). IMPORTANT: The employees of the University are not
authorized to accept cash payments from the applicants, under any circumstances; the employees of the University are not authorized to swipe their personal credit cards to pay
on behalf of the applicants; applicants should not share their credit card information with the employees of the University; applicants should not make any payment by cash. Applicants
deviating from the above will be doing so at their own risk and responsibility.

(II) INSTALMENT FACILITY / EMI FACILITY: INITIAL PAYMENT: Rs.15,000 [Please ( ✓ ) tick] By Demand Draft By Credit Card
Remittance through Demand Draft (DD should be in favor of "IUCF A/c FLP", payable at Hyderabad)

DD Details : Name of Bank : DD No.: Date : Amount Rs._______

(A) INSTALMENT FACILITY: Please see page 24 for details. (For Initial payment of Rs. 15,000 please fill item 4 (II) given above).
2nd Instalment [Please tick ( ✓ ) ] (With Training Classes) (Without Training Classes)
Rs. 28,000 (Category - I) Rs. 13,000 (Category - I)
Rs. 23,000 (Category - II) Rs. 8,000 (Category - II)

Cheque Number Cheque Date

DD / MM / YYYY

Postdated cheque of Rs. _____________________ (A/c payee postdated cheque in favor of “IUCF A/c FLP” should be enclosed) On the back of postdated
cheque, the name of the applicant and the full address of the bank, branch with phone number should be mentioned in capital letters. Only postdated cheque
drawn on banks located in specified cities (mentioned on page 25) will be accepted.

Signature of the Applicant: ________________________________

29
 (B) EMI FACILITY: Please see page 24 for details. (For Initial payment of Rs.15,000, please fill item 4 (II) given on previous page).
(i) Please tick (✓ ) the appropriate EMI amount (With Training Classes) (Without Training Classes)
Rs. 5,880 (Category - I) Rs. 2,730 (Category - I)
Rs. 4,830 (Category - II) Rs. 1,680 (Category - II)
(ii) Five postdated cheques of Rs. ___________ each (A/c payee postdated cheques in favor of “IUCF A/c FLP” should be enclosed) On the back of each
postdated cheque, the name of the applicant and the full address of the bank, branch with phone number should be mentioned in capital letters. Only postdated
cheques drawn on banks located in specified cities (mentioned on page 25) will be accepted. Only MICR and multi-city cheques will be accepted.
To the ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). I hereby confirm that I have signed the
postdated cheques towards the payment of EMIs in relation to this Fee Remittance Form. I undertake not to countermand these cheques and also to honor all
these cheques on due dates.
Sl.No. Cheque Number Cheque Date Sl.No. Cheque Number Cheque Date
DD / MM / YYYY DD / MM / YYYY
1. 01 / 4. 01 /
2. 01 / 5. 01 /
3. 01 /

Total amount for which postdated cheques are enclosed : Rs._____________. Signature of the Applicant: ________________________________

(iii) The postdated cheques enclosed are signed by [Please tick (✓)] Me Other person (If in case of other person, please fill item no.(iv) given below):
(iv) STATEMENT [By the person (other than the Applicant), who has signed the postdated cheques in connection with this Fee Remittance Form as a Co-obligant ]
To the ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). I hereby confirm that I have signed the
postdated cheques towards the payment of Instalments/EMIs in relation to this Fee Remittance Form. I undertake not to countermand these cheques and also
to honor all these cheques on due dates towards the Instalment facility/EMI facility. I am over 21. I understand and I am aware of my liability as a co-obligant
for instalment/EMIs of the applicant. I agree that I will settle the amount with the ICFAI University whether or not the applicant continues in the Program.
I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that the information
provided by me below is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agree to the rules and
regulations and my financial responsibilities. My details are as under.
Name : Mr / Ms _________________________________________________________________________________________________________________________
(Use capitals) (As it appears in Official Records, Underline Surname)
S/o / D/o ____________________________________________________________________________________________________________________________
Occupation ___________________________________________________________________________________________________________________________
Mailing Address:_________________________________________________________________________________________________________________________
(Use capitals) (House Number) (Street)

_________________________________________________________________________________________________________________________________________
(City) (State) (Pin) (E-mail)

Tel. (Off.)_______________________________________ (Res.)______________________________________ Fax ________________________________________

(City Code) – (Area Code) – Number (City Code) – (Area Code) – Number (City Code) – (Area Code) - Number

Cell _________________________________________ Date of Birth: 1 9

Date Month Year

Place : Date : Signature of the person signing the cheques as a co-obligant

5. DECLARATION: I have carefully read the rules and regulations as given in this Document and Application and agree to abide by the same. I understand that these rules are
only indicative and may be modified/changed/revised and the complete list of rules and regulations as updated from time to time will be given to me on my enrollment in the
form of Students Regulations Book. I agree not to countermand and to honor all the postdated cheques enclosed by me towards the Instalment facility / EMI facility. I understand
that in case I withdraw from the program I will not be entitled to claim any refund of amount paid. I agree that I will settle the amount with the ICFAI University whether or not
I continue the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that the
information provided by me in this form is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agree to the rules and
regulations, including “Legal Aspects”, and my financial responsibilities.

Place: Date : Signature of the Applicant

Applicants are advised to retain a photocopy of the completed Fee Remittance Form for their records.
The relevant enclosures and forms should be enclosed along with the required payments.

30