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The ICFAI

University,
Tripura

The ICFAI University, Tripura (referred to Chancellor and has Vice-Chancellor and others
hereafter as the University) was established in as members. The Board of Management is
2004 through an Act of State Legislature (Tripura headed by the Vice-Chancellor. The Academic
Act 8 of 2004). The University has been approved Council is responsible for all academic matters.
by the University Grants Commission, under
The University campus, based at Agartala, is
Section 2(f) of the UGC Act, 1956.
sprawling, landscaped and lush green. It
The University is a member of the Association provides a congenial environment for education
of Commonwealth Universities, London, the
and learning. It has well-equipped physical and
Association of Indian Universities, New Delhi
academic infrastructure. The University has no
and the Federation of Universities, India.
study centers outside its authorized jurisdiction.
The University believes in creating and
The University offers Bachelor, Master, and
disseminating knowledge and skills in core and
Doctoral programs in management, finance,
frontier areas through innovative educational
science and technology, information technology,
programs, research, consulting and publishing,
education, law and other areas.
and developing a new cadre of citizens with a
high level of competence and deep sense of ethics The students are enrolled under the flexi-mode.
and commitment to the code of professional The University awards the Master of Business
conduct. Administration Degree to the students who
The Visitor of the University is H.E. The successfully complete all the groups of the
Governor of Tripura. The University is MBA Program, through self-study and
administered as per the Act, Statutes and Rules. examinations subject to the University
The Board of Governors is headed by the Regulations.

1 THE MBA PROGRAM


The MBA
Program
(Flexible Learning)

The MBA Program offered by the Directorate of A blend of Indian and International
Distance Education, the ICFAI University, Tripura perspectives
prepares men and women with the skills,
The MBA Program has a blend of Indian and
knowledge and strategic perspectives essential
International perspectives. This mix of the Indian
to the leadership of business anywhere in the
and International emphasis offers students, real
world.
and lasting benefits. Students will:
The MBA Program is designed to provide both ● be able to understand the workings of the
a portfolio of strong functional skills and the domestic and international marketplace.
ability to apply, adapt and integrate those skills
into different management settings. While the
● become sensitive to other cultures and
capable of working in international teams.
curriculum provides a rigorous grounding in
traditional disciplines, the educational process, ● become comfortable with and capable of
with its emphasis on new strategy and managing diversity.
managerial skills, develops the skills for ● develop strategic skills and adaptability.
problem solving, decision-making and
leadership of complex organizations. Objectives
The MBA Program aims to improve its students'
General management focus
capability to manage. On completion of the
In a business environment characterized by program, students are expected to have
rapid change, managers must necessarily be acquired:
flexible and adaptable. The MBA Program seeks ● a systematic approach to identification of
to prepare managers to cope with this change. business problems and their solutions.
It is this philosophy which has led to the
MBA Program adopting a general management ● analytical, problem solving and decision-
approach. This approach will help students making skills.
develop a broad foundation of skills and ● the ability to make competent decisions.
knowledge in the diverse functional areas of
business management.
● effective communication skills.
● the skills necessary for the potential senior
manager, techniques in finance, marketing,
manufacturing, human relations,
information technology and strategic
planning.
● familiarity in applying these tools in
business like situations.
● a broad knowledge of concepts, policies
and techniques applicable to efficient
administration and management of
business.

2 THE MBA PROGRAM


The MBA Edge MBA Program will also help you understand
business sufficiently to plan your own career
The MBA Program will give you the opportunity
and entrepreneurial moves successfully.
to develop a range of highly valued professional
skills and a competitive edge in your career. Continuous learning: The MBA Program is a
Career progression: In most professional tremendous learning opportunity. It will allow
organizations, the senior managers are usually you to update your knowledge and skills
MBAs. There are more opportunities for MBAs significantly.
than for almost any other functional The knowledge you acquire needs constant
qualification. The MBA Program will provide upgradation and the learning methodology in
a quantum jump in your career progression. the MBA Program provides you with a
Personal growth: The MBA Program will mechanism to seek, comprehend and internalize
impart you with a perspective which enables knowledge on a continuing basis.
you to relate to the entire business environment
Program structure
within which you may operate. You will be able
to understand the impact of various decisions The students are required to study and complete
and play a significant role in them. The all the groups in a sequential manner.

The MBA Program (Flexible Learning) Structure


Stage Group Subjects
Stage I A ● Introduction to Management ● Managerial Effectiveness
B ● Organizational Behavior ● Business Economics
C ● Marketing Management ● Information Technology & Systems

Stage II D ● Accounting for Decision Making ● Human Resource Management


E ● Financial Management ● Operations Management
F ● Business Law ● Management Control & Information Systems

Stage III G* ● Elective 1 ● Elective 2


H* ● Elective 3 ● Elective 4
I ● Business Policy & Strategy ● Business Ethics & Corporate Governance
J ● Integrated Case Studies I ● Integrated Case Studies II
* Elective Streams
● Marketing ● Operations ● Finance ● IT & Systems ● HRM

● International Business ● Investments ● General Management

Detailed curriculum will be provided to all students through the Regulations Book. Students can also visit www.iutripura.edu.in
for more details.
The examination for each subject is for 200 marks and of 6 hours duration, for subjects in the first two stages. Each subject
has 2 papers of 100 marks each and of 3 hours duration. Examinations are conducted on specified test dates, in the morning
session (3 hours) and in the afternoon session (3 hours).
The program structure is subject to change, if required.

3 THE MBA PROGRAM


Eligibility
Subject-wise Waivers
Bachelor ’s Degree in English medium
Students with prior qualifications are
(any discipline) with 45% and above aggregate
eligible to get waivers from certain
marks.
subjects of the MBA Program as
Students who have pursued their degree
indicated below:
program in non-English medium are advised
to undergo proper preparatory courses in Subject Eligibility for Waiver
Business English so that they can cope with the
Business CFA, MA (Economics),
MBA Program.
Economics MS (Finance), DBF
Duration: Two years.
IT & Systems B.Tech, BE, MCA
Medium of instruction: English.
Accounting CFA, CA, CWA,
Validity of enrollment for Decision MS (Finance),
Making MS (Accounting), DBF
● For students who pay fee stage-wise:
They are required to complete Stage I of the Business Law CA, CWA, CS,
MBA Program within a maximum period of BL, MS (Finance), DBF
two years from the date of enrollment.
What the qualifications refer to:
Students who are unable to complete the
program within two years, but are still keen ● MS (Finance), DBF (Diploma in
on continuing in the program, are required Business Finance) and
to register de novo by paying the requisite fee. MS (Accounting) from the
● For students who pay full fee for all 3 stages: ICFAI University.
They are required to complete all 3 Stages of ● CFA means a person, who is a
the MBA Program within a maximum period Chartered Financial Analyst from
of four years from the date of enrollment. the CFA Council.
Students who are unable to complete the ● CA means a person, who has passed
program within four years, but are still keen
the final examinations conducted by
on continuing in the program, are required
the Institute of Chartered
to register de novo by paying the requisite fee.
Accountants of India.
Flexible Learning Program ● CWA means a person, who has
The MBA Program is based on study and passed the final examinations
examinations. conducted by the Institute of Cost
Study: The University provides a detailed study and Works Accountants of India.
plan and prescribed books specially designed ● CS means a person, who has passed
(as per the curriculum of the University) and the final examinations conducted by
meant for self-study. the Institute of Company
Contact classes: Students may attend contact Secretaries of India.
classes on optional basis (details are given on ● B.Tech, BE, Bachelor of Law (BL),
page 10).
MA (Economics) from any
Examinations: The examinations serve to finally University.
assess and certify the students' understanding
of the subjects.

4 THE MBA PROGRAM


Examinations of enrollment, provided all postdated cheques
which are due so far, are honored on time.
The examinations are conceived, developed and
Subsequently, they can appear for two groups
administered on a rigorous and fair basis to
every three months. Students are required to
bring out the best in the students and prepare
appear and pass the groups in a sequential order.
them for challenging careers in the world of
management. Examinations for the program are
Online registration facility
conducted four times a year in January, April,
July and October. All students are required to register for their
examinations (including payment of fee) using
Model question papers with suggested the online facility only, as the operations of
answers examinations department are fully
The model question papers with suggested computerized.
answers based on examination pattern are
Enrollment dates
included in the respective workbooks.
In order to become eligible to appear for the
Eligibility for appearing in examinations examinations, the students are required to enroll
Students will be eligible to appear for into the program on or before the dates given
Group A examinations six months after the date below:

Examinations Enroll into the program


on or before
January 2011 June 30, 2010

April 2011 September 30, 2010

July 2011 December 31, 2010

October 2011 March 31, 2011

Recent trends in examination results


The summary of pass percentages of the MBA examinations (Stage - I) held recently is given
below:

Pass Percentages
Group
April 09 July 09 October 09 January 10
A 37 31 33 40
B 37 34 31 30
C 39 33 29 31
Past trends may or may not be sustained in future.

5 THE MBA PROGRAM


Test centers ● If the student secures 65 per cent or more
marks in one of the Subjects of a Group, but
The examinations are held at the test centers
is absent or fails to get 45 per cent in the other
as indicated on website. For details please
Subject of the same Group, the student will
visit www.iutripura.edu.in
get exemption from the Subject in which he/
Examination calendar she has secured 65 per cent or more. When
an exemption is secured in one Subject of a
The examinations are generally conducted on
Group, the student must secure a minimum
Sundays in January, April, July and October. The
of 45 per cent in the other Subject in
schedule of the examinations is given in the
subsequent attempt to pass the Group.
table below:
● Wherever a student is granted
waiver in one Subject of a Group,
Examination Dates Last Date for
such student will have to secure
Online Registration
55 per cent or more in the other
Month, Year Dates for Examinations
Subject to pass the Group.
January 2011 9, 16, 23, 30 November 30, 2010 ● Where a Subject consists of two
April 2011 3, 10, 17, 24 February 28, 2011 Papers (Paper I and Paper II), the
marks secured in both the Papers
July 2011 10, 17, 24, 31 May 31, 2011 will be added together for the
purpose of passing requirement only
October 2011 9, 16, 23, 30 August 31, 2011
if the student appears for both the
Papers in one sitting. In such a case,
Passing requirement the student is required to secure a minimum
of 40 per cent in each of the two Papers of
● To pass in a Group, the student must secure the Subject. If a student appears for one Paper
an average of 55 per cent marks for the two of a Subject and absents from the second
Subjects in the Group, subject to a minimum Paper, then the answer script of such student
of 45 per cent in each Subject. will be treated as invalid.

Certification
The following Diplomas/Degree are issued by
the ICFAI University, Tripura to the successful
students based on stage-wise completion of the
MBA Program:

Certification On successful
completion of:

Diploma in Groups A, B & C


Business Management (Stage I)
Advanced Diploma in Groups A to F
Management (Stages I & II)
Master of Business All Groups A to J
Administration Degree (Stages I, II & III)

6 THE MBA PROGRAM


The Council of
Icfai University
MBA Graduates

The Council of Icfai University MBA


Graduates (CIMBAG) was established in
2007 as an Alumni Body for the benefit
of all those students who successfully
completed the MBA Program under the
flexi-mode from the ICFAI University.
Currently, there are over 3,500 such
alumni working with various blue chip
organizations all over India. CIMBAG is
committed to build a strong network
among its members by establishing
Chapters at various cities.

Mission & Governance: CIMBAG is


primarily focused to help the members
through multiple membership services;
and also works to promote and
disseminate the philosophy and values
of the ICFAI University by interacting
closely with its members and the
corporate world. CIMBAG functions
under the overall guidance of a Board
of Governors. Chapter Executive
Committees (CECs), consisting of alumni
members from different batches and of
varying backgrounds, guide the
functioning of CIMBAG at the chapter/
city level. The CECs are responsible
for organizing and conducting
all local events and activities.
Visit: www.cimbag.org for details.

7 THE MBA PROGRAM


CIMBAG Chapters
AHMEDABAD:
# 808, 8th Floor, Shitiratna Complex,
Opp.Centre Point,
Near Panchvati Five Roads, Ellisbridge,
AHMEDABAD - 380006.
Tel : 079-40214608,
E-mail: ahm@cimbag.org
BENGALURU:
#23, "Vasavi Plaza", 3rd Floor, 4th Block,
11th Main Road, Jayanagar,
BENGALURU - 560011.
Tel : 080-40521882/888,
E-mail: bnglr@cimbag.org
CHENNAI:
6E, VI Floor, "Eldorado Building",
#112, Nungambakkam High Road,
Nungambakkam, CHENNAI - 600034.
Tel : 044-28230480,
E-mail: chenn@cimbag.org
HYDERABAD:
# 126, Malaxmi Towers, Srinagar Colony,
HYDERABAD - 500073.
Tel : 040-23423101-105,
E-mail: hyd@cimbag.org
KOLKATA:
KB - 25, Ahlluwalia Bldg, Sector-3, 7th Floor,
Salt Lake City, KOLKATA - 700098.
Tel : 033-23355153,
E-mail: kol@cimbag.org
MUMBAI:
#701-702, A-Wing, Heritage Plaza,
Behind Hero Honda Showroom,
Telli Galli Cross Road,
Andheri East, MUMBAI - 400069.
Tel : 022-32099943,
E-mail: mum@cimbag.org
NEW DELHI:
K-3, Ist and IInd Floor,
Lajpat Nagar - II,
NEW DELHI - 110024.
Tel : 011- 45640334,
E-mail: delhi@cimbag.org
PUNE:
# 302, 3rd Floor,
Siddhivinayak Aurum,
Behind Eden Garden,
Viman Nagar, PUNE - 411014.
Tel : 020-41008622,
E-mail: pune@cimbag.org

8 THE MBA PROGRAM


Courseware
and
E-Learning
Package
Courseware
independent self-study through the E-learning
The courseware includes textbooks and package. The students can study at their own
workbooks. Initially the courseware is supplied place, pace and time. Learning through CD-ROM
for the first group only, so that the students will allows the students to take advantage of
always get the latest editions as they progress E-learning benefits. The learning experience
in their studies. becomes more in-depth, flexible, convenient,
personalized and above all enjoyable. The
Textbooks: Textbooks are specially designed for
E-learning package is rich and valuable; quite
independent study by the students.
often more convenient than classroom learning.
Workbooks: Workbooks are designed to
E-learning package is currently available for
help the students in preparing for the
subjects of Stage-I and Stage-II.
examinations.
Benefits of the E-learning package
Model Question Papers: The model question
papers are accompanied by possible solutions. The E-learning package helps students to:
Model question papers are meant to give the ● upgrade knowledge and skills according to
students an idea about the format and the their schedule.
academic rigor of the examination. They are ● control learning by taking courses at their
included in the workbooks. Assignments for self own pace.
evaluation and case studies are also supplied ● access the resources on 24 X 7 basis.
as a part of the courseware. ● increased retention levels with the help of
audio-visual aids.
E-learning package
● learn anywhere, anytime, at home, work, or
The E-learning package is designed to help the at any convenient place including traveling.
flexible learning students study in a convenient
The E-learning package
computer-based environment. The students of
the MBA Program enjoy the flexibility of ● E-Textbooks ● E-Lectures ● Lecture Notes
● Quiz ● Articles ● Glossary ● Mock Tests

Case Study Focus and Continuous


Learning Inputs
The Case Study Approach: As the
MBA Program is uniquely designed to develop
management perspective and skills, the case
method is integrated as a dominant tool in the
education methodology. The program will use
case studies of reputed Indian and international
companies. Case studies are widely
acknowledged as a very effective learning aid.
Continuous Learning Inputs: Magazines and
journals play a very important role in updating
knowledge. Students are provided free access
on the web for the Effective Executive and Case
Folio as continuous learning inputs.

9 THE MBA PROGRAM


Contact
Classes

Inputs are provided to the students of the ● understand the concepts well.
MBA Program through comprehensive
● understand the examination pattern and
courseware including high quality textbooks,
obtain tips on preparing well for the
workbooks, model question papers and the
examinations through discussion of previous
relevant publications as continuous learning
question papers.
inputs.
● discuss and clear doubts and queries
Further, in order to supplement the students
pertaining to the topics covered in the
efforts through self-study, the students are
subjects.
encouraged to attend contact classes. The
contact classes constitute an important stage ● get into a disciplined mode and regular study.
in the learning methodology by enabling the
Contact classes: The contact classes are
students to gain an in-depth understanding of
need-based and are conducted by the
the subjects. They provide a platform to the
Federation of Universities (FedUni) subject to
students for better understanding of the
registration of minimum number of students.
concepts and also to clarify any doubts in the
respective subjects and therefore prepare well 4 times a year: The contact classes are conducted
for the examinations. usually during weekends/evenings, four times
a year, i.e., from January to March, April to June
The contact classes act as additional learning
July to September and October to December.
input and facilitate in coping with the rigor of
the MBA Program. They are beneficial to all the Fee: Students who plan to attend the contact
students enrolling into the program; especially classes are required to pay a fee of Rs.12,000 for
for working executives and professionals who the first three groups (Groups A, B
may be otherwise quite busy due to work and C) at the time of enrollment into the
pressure. MBA Program. If the students wish to join the
contact classes subsequently after their
Benefits of attending the contact classes
enrollment into the program, they are required
Regular attendance of the contact classes enable
to pay Rs.15,000 for Groups A, B and C.
students to:
Registration for contact classes: Students are
● gain in-depth understanding of the subjects
strongly advised to register for contact classes,
covered.
when they enroll for the MBA Program.
The pass percentage of students who attended Alternatively, they may register for contact
the contact classes is observed to be better classes as per the dates indicated below:
by about 15% as compared to the pass
Dates of Last Date for
percentage of those students who did not Contact Classes Registration
attend the contact classes.
Oct - Dec, 2010 Sept 25, 2010
Pass Percentage
Jan - Mar, 2011 Dec 24, 2010
Exam With Contact Without Contact
Classes Classes Apr - Jun, 2011 Mar 25, 2011

Apr-09 51 38 Jul - Sep, 2011 Jun 27, 2011


July-09 54 33
Oct-09 53 31
Jan-10 50 34

10 T H E M B A P R O G R A M
MBA-CFA
Dual Masters
Program
The MBA-CFA Dual Masters Program offered by marks. CAs/CWAs (with a bachelors degree) are
the ICFAI University, Tripura consists of two also eligible to apply.
streams: MBA and CFA.
Duration: 27 months.
The MBA stream is designed to provide both a
portfolio of strong functional skills and the For those aspiring to pursue fast-track careers
ability to apply, adapt, synthesize and integrate in the sunrise sectors, the Dual Masters Program
those skills into different management settings. is the most suited. The MBA stream prepares
The CFA stream provides an indepth them for management/leadership positions. The
understanding of financial analysis. CFA stream coupled with appropriate choice of
Through the Dual Masters Program, the electives in MBA stream gives them deep
students may acquire two career-oriented financial insights. This will be a unique skill-
professional qualifications in management and set combining analysis and synthesis;
financial analysis and also save precious time.
operations and strategy.
Instead of the normal duration of 4 years (two
years for MBA and two years for CFA) the The brief details of the MBA-CFA Dual Masters Program
students of the Dual Masters Program may given here is for information purpose only. Interested
complete the same in 27 months. students are advised to refer to the separate prospectus
Eligibility for the same. The Regulations pertaining to the
Bachelor ’s Degree in English medium (any MBA Program as given in this prospectus do not apply
discipline) with 55% and above aggregate to the MBA-CFA Dual Masters Program.

11 T H E M B A P R O G R A M
Internship
Programs
Offered by Cygnus Business Consulting &
Research (P) Ltd.
www.cygnusindia.com

Normally internship opportunities are The internship programs are carefully


available only for students of business schools structured around individual career goals,
who pursue the MBA Program on full-time basis. keeping in mind the skill-sets currently in
Such an opportunity is now being created by
demand. The Program content and mode of
Cygnus even for the students of flexible learning
delivery is fine-tuned over last three years. They
programs. A good internship program properly
supervised and coordinated will enhance the are co-ordinated and supervised by experienced
application skills of the students potentially consultants.
leading to good placements. Thus, internship is Internships will be offered at Hyderabad,
often a stepping stone for getting a placement subject to registration of a minimum number
with companies. of students.The participation in internship
Internship leads to applying knowledge to programs is need-based.
work, developing application skills, and gaining
Students of the MBA Program after completing
practical hands-on work experience. Internship
Group ‘D’ (in Stage II) can opt for Business
is meant to bridge the gap between real-life
business and academic learning. It helps Strategy and Performance Analysis internship
students experience the rigors of workplace. The of one month duration. Students who complete
basic aim is to provide students with the relevant all the 10 groups of the MBA Program can opt
live projects that enable them meet their for the Management Internship Program of
professional goals, strengthen their knowledge 3 months duration. Students who wish to opt
and skills, and establish a network of contacts for any of the internship programs are required
for exploring future opportunities. to approach Cygnus and pay the required fee
Internship programs separately. Details will be provided in the
Cygnus Business Consulting & Research (P) Ltd. Student Regulations book. For more details,
offers wide-ranging internship opportunities for Please visit www.cygnusindia.com or mail your
the students of the ICFAI University. query to: internship@cygnusindia.com

Cygnus Business Consulting & Research (P) Ltd. is a global knowledge


products and services organization, focused on enabling its customers grow
Business Consulting & Research profitably. Cygnus publishes a range of reports covering economies,
industries and companies - globally. Besides, Cygnus takes up projects
on business research, credit appraisals, equity research and business
consulting. Its customers include a number of leading corporates, banks and insurance companies
both in India and abroad. Cygnus is retained as a knowledge partner for a number of conferences
organized by industry and trade associations like CII, FICCI, Assocham and PHARMEXCIL.
Cygnus periodically publishes a number of research reports like Global and Indian industry reports,
Global Industry Monitors (covering 35 industries), China Industry Monitors, Indian Economy and
Industry Monitors and Quarterly Performance Analysis of Indian Industries and Companies. Cygnus
also offers comprehensive Industry Portals in Agri business, Banking and Financial services, IT and
Pharmaceuticals. Cygnus developed an easy-to-use web-based corporate data base of Indian
companies, which is useful for researchers, consultants and students.
Cygnus carries out a number of projects in the areas of market surveys, feasibility studies, competitive
intelligence, credit research and equity research. It also prepares market entry and growth strategies
for the clients. Cygnus also takes up techno-economic viability studies for major banks in India for
green field as well as expansion projects.

12 T H E M B A P R O G R A M
Web
Services
24x7

The following web services are available to all


the students: Student Grievances
Pre-enrollment services As a student if you have any grievances,
please let us know immediately so that we
● Online Order Form for Prospectus
can attend to the same as early as possible:
● Online Counselling (Live Chat facility)
● Phones (Toll free)
● Online Enrollment through Secure Internet
Payment Gateway (Credit Card/Net 1800-425-2911, 1800-103-0303
Banking) ● E-mail
● Updates on events like seminars, conferences, sgc@iutripura.edu.in
counselling meets, etc.
Always quote your Name and the
● Press Room: Press Releases, Press Clippings
Enrollment Number.
● Online Feedback facility.
Post-enrollment services
● Students Regulations (Flexible Learning
Regulations/Program Regulations) IUT Arbitration Tribunal
● Registration Facility (activation of student As indicated in the ‘Legal Aspects’ on
account) to avail a range of services under Page No.20, all disputes relating to or
secure environment with Enrollment
arising out of the Enrollment Agreement
Number and Password. The services include:
Online examination registration with between the applicant and the
downloadable admit card; Online ICFAI University, Tripura, shall be settled
examination results with marks details; by reference to arbitration only as per the
Online admit cards; Model question papers Arbitration and Conciliation Act of 1996.
with suggested answers An Arbitration Tribunal consisting of a
● Online payment for Overseas courier single member shall conduct the
charges, Overseas examination fee etc., proceedings of arbitration. The
through secure internet payment gateway University’s nominee shall be the ‘persona
● Online prescribed forms for change of designata’ as an arbitrator. The venue of
password, change of e-mail, non-receipt of arbitration shall be Agartala, Tripura,
courseware, mobile number updation/
India. The University reserves the
registration, recounting / comprehensive
feedback, general queries, student feedback authority to prosecute the students for
form, online payments criminal offences including the dishonor
● Online updation of developments/changes of cheques. The University has nominated
Dr. A.V. Narasimha Rao, MA, LLM, Ph.D.,
● Helpline facility
as the persona designata. Students seeking
● Important information on contact classes,
help from the IUT Arbitration Tribunal
finance act, examination schedule, test
centers, revision of curriculum, etc. may contact by e-mail (by quoting the
Name and the Enrollment Number)
● Access to online edition of magazines and
journals from IUP Publications. at: iutat@iutripura.edu.in

13 T H E M B A P R O G R A M
Admission
Policies and
Guidelines to
Complete the
Application Form

Admission regulations pertaining to administering the


The goal of the Admissions Board is to program and the examinations.
select students whose academic background, Remittance
work experience, leadership abilities and
communication skills meet the demands of the The applicants are required to pay the fee as
MBA Program. The Admissions Board evaluates indicated in the Fee Schedule on Page No.16. The
applicants' potential as future leaders and their remittance can be done by way of Demand Draft
projected ability to succeed in and profit from or Credit Card. Demand Draft should be in favor
the program. of "IUCF A/c IUT" payable at Hyderabad.
For EMI facility please refer to Fee Schedule
Enrollment
(Page No.16).
Applications received from the students
are checked for the basic eligibility criteria and Please note that there will be no reduction in
the eligible students are enrolled into the program fee even if a student is eligible to claim subject-
under the flexi-mode. Students who have secured wise waivers based on prior qualifications as
45 per cent and above in their graduation are indicated on Page No.4.
required to submit the photocopies of
marksheets for all 3 (or 4) years in support of the No refund
eligibility along with the Application Form for The amount once paid is not refundable under
Enrollment. any circumstances, except in the case of rejected
No enrollment of foreign citizens applications.

The admission into the flexible learning Right to amend rules


program is not open to foreign citizens due to
The University reserves the right to amend the
visa restrictions. They may write to the
rules and regulations wherever considered
Registrar for guidance on this matter.
necessary and appropriate. Such amendments
Rejected applications will be intimated to the students. Therefore, this
If the applicants do not satisfy the eligibility publication and the descriptions contained
criteria, the applications are returned to them herein are not to be construed as a contract
along with all enclosures and the amount paid binding the University to any specific policies.
after deducting Rs.500. Such students are, Possible changes include, but are not limited to
however, permitted to apply again after they curriculum and course content, passing
subsequently satisfy the eligibility criteria. requirements, eligibility criteria for
Students Regulations book examinations, fee schedule, refund policy,
examination pattern, certification and
All students who are enrolled into the program
designation, and such other matters as may be
will be provided with the Students Regulations
considered relevant.
book which contain the various rules and

14 T H E M B A P R O G R A M
Guidelines The completed Application Forms along with
The students are advised to read the following the required enclosures can be submitted or sent
guidelines carefully before completing the by speedpost/courier to:
Application Form for Enrollment and the Fee
Remittance Form. The Admissions Officer,
a. The Application Forms should be filled in The ICFAI University,
Capital Letters. University Campus,
Agartala-Simna Road,
b. Please respond to all the information sought.
P.O. Kamalghat Sadar,
c. Additional sheets may be used, if necessary. Agartala - 799210, Tripura (West).
d. Ensure that the Application Forms are signed.
Subject-wise waivers Students are advised to take note of the validity
date specified on the Application Form for
Applicants who are eligible for subject-wise
Enrollment and ensure that their Forms reach
waivers based on prior qualifications
the Admissions Officer on or before the validity
(as indicated on Page No.4) have to submit proof
date.
of those prior qualifications like mark sheets,
certificates, etc.
Photocopies of certificates
Online Enrollment through Secure
a. Photocopies of certificates regarding date of Internet Payment Gateway
birth and educational qualifications shall be
enclosed with the Application Form for Students can enroll into the program by
Enrollment. logging on to www.iutripura.edu.in for filing
the application form online and making the
b. Original Certificates should not be sent.
payment through Internet. Students can
Enclosures
make the payment through the Credit
Please ensure that your Application contains Card issued by ICICI Bank and HDFC Bank
the following enclosures. or the VISA/MasterCard issued by any
a. Application Form for Enrollment into the bank, through Secure Internet Payment
Program (with recent color photograph Gateway. Net Banking facility is also
affixed). available for customers of ICICI Bank, AXIS
b. Copies of Certificates of Date of Birth and Bank, Yes Bank, Karnataka Bank,
Educational Qualifications/Mark Sheets. Corporation Bank, Bank of Rajasthan,
c. Fee Remittance Form. South Indian Bank, Oriental Bank of
Commerce, Bank of India, Federal Bank and
d. Demand Draft/Credit Card Merchant Slip
Bank of Baroda. Students may please note
(wherever applicable) towards the payment.
that payments relating to examinations
e. Those students availing the EMI facility are
will be accepted only through Secure
requested to enclose the postdated cheques
Internet Payment Gateway.
for the required amount along with the
Fee Remittance Form.

15 T H E M B A P R O G R A M
Fee Schedule
(With effect from April 1, 2010 and valid for the
Academic year 2010-11 only)
The MBA Program (Flexible Learning)

Stage-wise Fee Payment Full Fee Payment


Particulars With Without Particulars With Without
Contact Contact Contact Contact
Classes (Rs.) Classes (Rs.) Classes (Rs.) Classes (Rs.)

Admission Fee 7,500 7,500 Admission Fee 7,500 7,500


Program Fee - Stage I only Program Fee
(Groups A,B & C) 22,500 22,500 (All 3 stages) 52,500 52,500
Contact Classes - Stage I Contact Classes
(Groups A, B & C) 12,000 – (Stage 1 only) 12,000 –
Total 42,000 30,000 Total 72,000 60,000
Lumpsum Payment 42,000 30,000 Lumpsum Payment 72,000 60,000
EMI Facility EMI Facility
Initial Payment Initial Payment
(by Demand Draft/Credit (by Demand Draft/Credit
Card) 10,000 10,000 Card) 10,000 10,000
Balance amount to be Balance amount to be
paid through 7 Equated paid through 15 Equated
Monthly Instalments [EMIs] Monthly Instalments [EMIs]
(including bank charges) (including bank charges)
by Postdated Cheques 4,900 3,050 by Postdated Cheques 4,700 3,800
Remittance information
Students have the option to pay the fee stage-wise or pay full fee for all 3 stages at the time
of enrollment.
1. a. Stage-wise fee payment: Students are required to pay the fee as
indicated in the Table above, either in
The fee may be paid stage-wise.
Lumpsum or through EMI facility.
Currently, the Admission Fee is Rs.7,500
and the fee for Stage I is Rs.22,500. c. The fee can be paid by way of Demand
Students are required to pay the fee as Draft or Credit Card (VISA or MasterCard
indicated in the Table above, either in only). The Demand Draft should be
Lumpsum or through EMI facility. The A/c payee crossed in favor of
students are required to pay the program "IUCF A/c IUT" payable at Hyderabad.
fee for Stage II and Stage III later as may Students can make the payment through
be prevalent at that time. Currently the Credit Card at the respective branches.
fee for Stage II and Stage III is Rs.22,500 They should get their Credit Cards
each. swiped for the required amount, sign and
attach the merchant copy of the slip along
b. Full fee payment:
with the Fee Remittance Form and keep
The fee may also be paid in full. Currently, the customer copy with themselves (as
the Admission Fee is Rs.7,500 and the acknowledgement). The employees of the
program fee is Rs.52,500 (if paid for all the University are not authorized to accept
3 stages at the time of enrollment). cash payments from the students under

16 T H E M B A P R O G R A M
any circumstances. They are also not Demand Draft or Credit Card payment slip
authorized to swipe their personal credit towards initial payment, and postdated
cards to pay on behalf of the students. cheques towards the EMI facility, will be
considered as valid.
d. Students should not share their credit
card information with the employees of e. Students submitting the postdated
the University and should not make any cheques should ensure that the postdated
payments by cash. Any students cheques should not be dishonored under
deviating from the above will be doing any circumstances when they are
so at their own risk and responsibility. deposited for payment. In the event of
2. EMI facility for payment of fee: dishonor of any cheques, the students and
the signatories of such cheques will be
a. EMI facility is offered to all the students liable for prosecution under Section 138
for payment of fee. Under this facility, the of the Negotiable Instruments Act, 1881
initial payment should be made by way and such other legal actions as may be
of Demand Draft/Credit Card and the taken by the University.
balance amount should be paid through
postdated cheques. The postdated cheques f. The PDCs should be drawn on scheduled
should be in favor of “IUCF A/c IUT”. The commercial banks located in the cities
students can choose either Lumpsum specified below:
facility or EMI facility as indicated (in the Agra, Ahmedabad, Allahabad, Alwar,
Table on previous page) accordingly. Amrawati, Amritsar, Aurangabad,
b. The initial payment is payable at the time Bareilly, Bengaluru, Bhilwara, Bhopal,
of application by Demand Draft/Credit Bhubaneswar, Bikaner, Calicut,
Card. The EMIs are payable on the first Chandigarh, Chennai, Coimbatore,
of every month, subsequent to enrollment. Cuttack, Dehradun, Ernakulam,
For example, if a student enrolls on Faridabad, Gandhi Nagar, Ghaziabad,
April 15, his/her first EMI (amount payable Goa, Gorakhpur, Gurgaon, Guwahati,
in rupees) will be due on May 1. The EMIs Gwalior, Hubli, Hyderabad, Indore,
should be paid through postdated Jabalpur, Jaipur, Jalandhar, Jalgaon,
cheques. The students should enclose the Jamnagar, Jamshedpur, Jhansi, Jodhpur,
postdated cheques (A/c payee crossed) Kanpur, Kochi, Kolhapur, Kolkata,
along with the Fee Remittance Form and Kollam, Kottayam, Kurnool, Lucknow,
the Demand Draft/Credit Card slip for Ludhiana, Mangalore, Meerut, Mumbai,
initial payment. Mysore, Nagpur, Nasik, New Delhi, Noida,
Palakkad, Patna, Phagwara, Pune, Raipur,
c. Students availing the EMI facility are
Ranchi, Rudrapur, Satara, Shimoga,
required to complete the Fee Remittance
Siliguri, Surat, Thane, Thrissur, Tirupathi,
Form and enclose the Demand Draft and
Trivandrum, Udaipur, Vadodara,
postdated cheques for the required
Varanasi, Vijayawada, Visakhapatnam.
amount.
If the students send any cheques drawn
d. Students should note that only those
on banks located in cities other than the
Application Forms accompanied with the

17 T H E M B A P R O G R A M
specified cities, such cheques will not be 8. All students registering in the Program are
accepted. Only MICR and multi-city required to pay the stipulated payment as
cheques will be accepted. per schedule. Wherever students have
arrears of payment, they will not be
g. The University reserves the right to
permitted to register for the examinations
withdraw the EMI facility for payment of
or their examination result will not be
fee at any time.
released and their mark sheets, pass
3. The examination fee is to be paid separately certificates will not be issued; further such
as and when the student is eligible and students will be considered as inactive on
register for the examinations. The fee is the rolls of the University and their names
Rs.1,000 per group. are liable to be removed from the records.
4. Currently an amount of Rs.5,000 is payable 9. The fee is subject to change from time to time.
towards membership in the Council of Students will be informed of the payment
Icfai University MBA Graduates (CIMBAG) revisions through e-mails, students
and it is mandatory. The membership fee (as
regulations, etc. The students are required
may be prevalent at that time) is payable
to pay the fee as may be prevalent in the
before registering for Group G examinations.
relevant academic year. The fee indicated in
5. The students enrolled into the MBA Program this document is valid for 2010-11 academic
have free online access to Effective Executive year only.
magazine for a period of 24 months, from the
10. Overseas Students:
date of enrollment. In addition, all students
at Group G will also have free online access a) Students who wish to receive the
to Case Folio journal for a period of 9 months. courseware at their overseas address are
required to remit US$75 per group
6. Contact Classes will be held solely at the
towards overseas courier charges.
discretion of the Federation of Universities,
subject to a minimum number of students b) Students who wish to appear for
registering for the same. In case it is decided examinations at any overseas test centers
not to hold such classes, the fee paid by the are required to contact the Indian
students towards such classes will be Embassy/High Commission/Consulate
refunded. The students will have no claim Officials and obtain their consent to
for refund of any other fee. supervise the examination and mail the
7. The payment towards Contact Classes for same to the Controller of Examinations
Groups A, B and C is Rs.12,000 if paid at the before submitting the Examination
time of enrollment. These classes are Registration Form. The University will
conducted four times a year and they are not take any responsibility for obtaining
need-based. If the students wish to join the the consent from the above mentioned
Contact Classes subsequently after their Officials.
enrollment into the program, they are c) No examinations of the University are
required to pay Rs.15,000 for Groups A, B conducted in USA and Canada.
and C.

18 T H E M B A P R O G R A M
----------------------------------------------------------------------------------------------------------------- CUT HERE -------------------------------------------------------------------------------------------------------------------------------------

Application valid up to Application No.


410MBA -
The ICFAI University, Tripura WE
Directorate of Distance Education
University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar, Agartala - 799210, Tripura (West).

The MBA Program


(Flexible Learning Program)
Application Form for Enrollment
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. PERSONAL DETAILS

Paste a recent color


photograph of size
Name : Mr/Ms 3.5 x 4.5 cms.
(USE CAPITALS) (As it appears in Official Records, Underline Surname) Photograph must not be
larger than this box.
Do not sign the
E-mail*:___________________________________________________________________________________________________
Photograph
* All applicants are mandatorily required to give e-mail address for speedy communication and keep it updated regularly. All communications and do not staple
from the ICFAI University, Tripura will be through e-mail only.

2. ACADEMIC RECORD (See eligibility criteria as indicated on page 4)

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

XII Class

Bachelor’s Degree*

Others

*Minimum marks required are 45%.


3. OCCUPATION Please tick ( ✓ ) 4. SUBJECT-WISE WAIVERS (See page 4) Please tick ( ✓ ) and submit
photocopies of relevant certificates to support your request for the waivers)
Full-time Student Full-time Employee
Business Economics IT and Systems
If employed: Organization ______________________________

Designation ________________ Industry __________________ Accounting for Decision Making Business Law

5. DECLARATION: I wish to apply for the MBA Program on flexible learning mode. I have carefully read the academic and administrative rules and regulations of
the ICFAI 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. In the event of any dispute, I hereby declare and state that, I will not approach
any Court of Law and/or seek redressal under the provisions of the Consumer Protection Act 1986 without first exhausting the remedy from the IUT Arbitration
Tribunal. 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.

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 should be sent along with the required fee payments.

19 T H E M B A P19
ROGRAM
LEGAL ASPECTS

The ICFAI 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 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 Form for Enrollment" is the Enrollment Agreement (hereinafter referred to as the Agreement)
between the applicant who wishes to enroll on flexi-mode and the ICFAI 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 MBA Program, 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 register for the examinations or their examination result will not be released and their marksheets, pass certificates will 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 profession of management.
Arbitration: All disputes relating to or arising out of this Agreement shall be settled by reference to arbitration only and not by recourse
to the courts of law including consumer courts/fora, 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 students should first exhaust the remedy
from the IUT Arbitration Tribunal before approaching any court of law and/or seeking redressal under the provision of Consumer Protection
Act 1986. 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.

20
Fee Remittance Form
To be submitted along with the Application Form for Enrollment into the MBA Program.
Directorate of Distance Education
Foreign citizens should not apply using this Form. They may write to the Registrar for guidance.

1. APPLICATION NUMBER of the MBA Program (Please refer the Application Form for Enrollment into the MBA Program of the ICFAI University, Tripura)

4 1 0 M B A

2. PERSONAL DETAILS

Name : Mr/Ms
(USE CAPITALS) (As it appears in Official Records, Underline Surname)

Parent’s/Guardian’s Name : Mr/Ms


Address#
(USE CAPITALS)

Nearest Land Mark

(City) (State) (Pin)

Tel. (Off.): (Resi.):


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

Fax: Mobile :
(City Code) – (Area Code) – Number

Date of Birth: 1 9
Date Month Year

Indian Passport No. Place of Issue : ________________________________ Citizenship: Indian Foreign


#
Proof of Address is required. 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, voter ID card, ration card, passport, driving licence, ID card issued by any authorized body with seal.
3. FEE REMITTANCE
Please tick ( ✓ ) Stage-wise Fee Payment Full Fee Payment
Rs.42,000 (With Contact Classes) Rs.72,000 (With Contact Classes)
Rs.30,000 (Without Contact Classes) Rs.60,000 (Without Contact Classes)

(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 IUT’, payable at Hyderabad) (Payment of fee by Cash is not accepted)

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) EMI FACILITY: INITIAL PAYMENT: Rs.10,000 [Please ( ✓ ) tick] By Demand Draft By Credit Card
Remittance through Demand Draft (DD should be in favor of "IUCF A/c IUT", payable at Hyderabad) (Payment of fee by Cash is not accepted)

DD Details : Name of Bank : DD No.: Date : Amount Rs.10,000

EMI FACILITY: Please see Page No.16 and 17 for details. (For Initial payment of Rs.10,000, please fill item 3(II) given above).
(i) Please tick (✓) the appropriate EMI amount Stage-wise Fee Payment Full Fee Payment
Rs.4,900 (With Contact Classes) Rs.4,700 (With Contact Classes)
Rs.3,050 (Without Contact Classes) Rs.3,800 (Without Contact Classes)

21
(ii) Seven (Stage wise fee payment) / Fifteen (Full fee payment) postdated cheques of Rs. ___________ each (A/c payee postdated cheques in
favor of “IUCF A/c IUT” 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 No.17) will be accepted. Only MICR and multi-city cheques will be accepted.
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 / 9. 01 /
2. 01 / 10. 01 /
3. 01 / 11. 01/
4. 01 / 12. 01 /
5. 01 / 13. 01 /
6. 01 / 14. 01/
7. 01 / 15. 01/
8. 01 /

Total amount for which postdated cheques are enclosed : Rs.34,300 / Rs.21,350
(for Stage wise fee payment) / Rs.70,500 / Rs.57,000 (for Full fee payment). 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 ]
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 towards the EMI facility. I am over 21. I understand and I am aware
of my liability as a co-obligant for 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

Date of Birth: 1 9
Cell Date Month Year

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

4. 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 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
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.

Date : Signature of the Applicant

Applicants are advised to retain a photocopy of the completed Fee Remittance Form for their records.
The relevant enclosures should be sent along with the required payments.
22

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