The ICFAI University, Jharkhand: Courses, Fees, Contact Details, Facilities


Latest Updates for The ICFAI University, Jharkhand

  • 25 May 2024 :

    CUET Admit Card 2024 has been released for Silchar candidates exam rescheduled for May 29, 2024.

  • 24 May 2024 :

    CUET 2024 exam for Silchar, Assam centre for Bengali and Environmental Studies paper have been postponed to May 29, 2024.

  • 16 May 2024 :

    CUET Admit Card 2024 for Delhi candidates exam rescheduled for May 29, 2024 has been released.

  • 06 May 2024 :

    CLAT 2025 exam date is out and it will be conducted on Dec 1, 2024.

ICFAI group was established in the year 1984 as a non-profitable organization for society. The institute made its debut in India in the year 1985 by launching a high-end educational program in the field of financial analytics. This program was one of a kind in India as it targets working professionals and students as well.

ICFAI University, Ranchi was established under sub-Section (2) of Section 4 of the Institute of Chartered Financial Analysts of India University Act, 2006 (Jharkhand Act 08, 2007). It is recognized by UGC under section 2(f) of the UGC Act, 1956. This institute is empowered by UGC to award degrees under Section 22 of UGC Act, 1956. The aim of the university is to provide top-class education in the field of management, engineering, and law.

IU, Ranchi believes that by providing transparent and value-based education to the students they will further be role models to society. The university has a strong vision of becoming the top educational group in the nation and top provide good education to students. The Institute of Chartered Financial Analysts of India University, or, ICFAI for short, is part of the ICFAI Group and is located in Ranchi, Jharkhand.

The ICFAI University Admissions can be done for the undergraduate, postgraduate, and doctoral programs in various disciplines, such as Engineering, Management, Commerce, Science, etc. All the courses have curricula that are updated to meet the latest developments in the respective industries.

The university has state of the art infrastructure facilities. All the basic amenities required for the students are present on the university campus. The placement cell at the university is dedicated to placement activities and campus placement drives. The staff members working for placement cell also conduct summer internships for students for all branches.  

ICFAI University Highlights:

This university provides hands-on skills to its students by making internships and projects in the industry as the mandatory part of the curriculum. Moreover, the core values of this university are integrity, respect for individuals, student focus and quality. The recognization, courses offered, 

Recognitions University Grants Commission [UGC]
Address Plot No. 2065, Daladali Chowk, Simalia, Near Ring Road, Ranchi - 835222, Jharkhand, India.
ICFAI University Ranchi Contact Number 1-800-599-0767
Email Id
Courses Diploma, Undergraduate, Postgraduate, Doctorate ICFAI University Fees

ICFAI University Quick Links:

ICFAI University Collaborations:

This university has various industry-academic partnerships with various organizations for mutual benefit. ICFAI University Jharkhand puts in combined efforts to build and nurture partnerships with the industry. The below mentioned are the MoUs that IU, Ranchi has signed with:

INFLIBNET Supreme Industries  QuestionPro
Rama Krishna Mission Ashrama IIT Bombay Seven Palms Hospitals and Research Centre 

ICFAI University Scholarships:

ICFAI Group offers merit scholarships to students. The ICFAI University scholarships are based on past academic merit and Semester-wise performance. The scholarships offered at the university are mentioned below:

Merit Scholarships based on past academic record:

  • Percentage achieved in qualifying examination will decide the amount of scholarship. The details are as presented in the following table.

Performance in Qualifying Exam

Percentage Scored [%] CGPA Percentage of Semester Fee [%]
>= 90% >= 9.9 50%
>= 80% and <90% >= 8.8 and < 9 .9 40%
>= 70% and <80% >= 7.7 and < 8.8 30%
>= 60% and < 70% >= 6.5 and < 7.7 20%

Merit Scholarships based on Semester-wise Performance:

Based on previous semester performance [GPA] Percentage of Semester Fee [%]
Top 5% of the class 50%
Next 5% of the class 30%

ICFAI University Facilities:

The University has state-of-the-art infrastructure facilities to enable the best teaching-learning experience. Students can also participate in various cultural and extra-curricular activities. ICFAI University Facilities has administrative and academic blocks. These blocks have well-equipped classrooms with the latest audio-visual equipment, broadband internet, video conferencing, labs, computer center, library, and wi-fi facility. It also provides facilities for extracurricular activities, sports, and cultural activities.

ICFAI University has a well-stocked library that has both print and digital resources. The library at the university is well advanced and has a good collection of books and other resources. The university also facilitates lectures from guest faculty and interviews for campus placements from remote locations. 

The university has state of the computer and IT lab facilities. All the computers present at the labs are equipped with the latest technology software and the highest configuration. It has the latest hardware and software infrastructure for the training and general use of technology-related courses, and for students and faculty.

The IT lab at the university serves as a perfect platform for students to work on their practical skills. Students at the lab are under the guidance of trained faculty members who are always present to help the students at every stage. IU, Ranchi has many workshops and laboratories for engineering students. 

Labs like Physics, Electronics, Chemistry, Electrical Machines, Fluid Mechanics and Hydraulics, Robotics, and Mechanical Engineering workshops are present where students can attend practical sessions under the guidance of faculty members. The auditorium present in the university which serves as a venue for different purposes. IU, Ranchi is used for cultural and professional events. The auditorium has a seating capacity of 500 people with all the latest technology audio and video systems.

Apart from academic excellence the university also focuses on overall performance. The university provides sports facilities to its students. Some of them include badminton, cricket, table tennis, chess, carom board, etc. 

ICFAI University Courses:

This university at Jharkhand creates and disseminates knowledge and imparts skills in core and frontier areas with the help of its innovative educational programs, consulting, research and industry internships. The curriculum of the courses is designed by industry professionals.

Courses Specializations
Diploma Mining Engineering, Computer Science & Engineering, Mechanical Engineering, Electronics & Communications Engineering
B.Tech/ B.Tech {Lateral} Mining Engineering, Mechanical Engineering, Computer Science and Engineering
BBA/ BCA/ BA {Hons.}/ LLB/ BBA-LLB {Hons.}/ BCA-MCA Integrated -
B.Sc  Physical Science
B.Com {Hons.} Banking, Insurance, Finance and Accounting, Computer Applications
MCA/ MCA {Lateral Entry} -
MBA [Working Professionals]  


The university provides LLB courses. The main aim of the university is to guide students and help them reach their dreams in the field of legal law. The duration of the course is five years.

IU B.Tech:

The B.Tech courses offered at the university has a duration of four years. The specializations offered in the courses are Mining Engineering, Mechanical Engineering, Computer Science and Engineering. The university also provides lateral entry to B.Tech courses as well.

ICFAI University Placements:

This university has a Training and Placement Wing which takes care of all the training and placement activities. The aim of the ICFAI University placement cell is to provide placement to all the deserving students. The university has good industrial relations, which are taken care of by the Wing. It also handles all placement and internship related activities and acts as a liaison between the University and the corporates. This department is staffed by senior professionals and placement executives. 

The university offers summer internships to students. It is mandatory for all the students to undergo this internship process. It aims to give the students practical knowledge to supplement the theoretical knowledge they obtain in the classrooms. The internships are taken after the second and fourth semester of each program. SIPs give students a taste of the real world. The internships provided by the university gives the students to develop and work in a network that will be useful to further their career prospects.

The placement highlights of IU, Ranchi are mentioned below:

Salary Offered Maximum [INR per month] Minimum [INR per month]
MBA 80,000 20,000
B.Tech 50,000 18,000
UG [BBA, BCA, BCom] 28,000 15,000
Diploma  [Polytechnic] 14,000 20,000

The companies visiting the university for placements are mentioned below:

WIPRO Vodafone Usha Martin
SBI TCS Tevatron Technologies
SBI Mutual Fund Sail KTM
Jio Reliance Communications Pantaloons
Reliance Energy Reliance Retail JSM Technologies
Jindal Steel and Power Jharcraft ICICI Prudential
HCL Future Group Central Coalfield Limited
AIB Akashvani Ample TEchnologies Hindustan Unilever Limited
Bank of India Arithma -

ICFAI University FAQs:

  1. Where in Ranchi is the university exactly located?
    Plot No. 2065, Daladali Chowk, Simalia, Near Ring Road, Ranchi is the exact location of the college.

  2. What are the different types of programs offered in the university?
    - The university offers undergraduate, diploma, postgraduate and doctorate level programs.

  3. How to reach IU, Ranchi?
    - The contact number of the university is 1-800-599-0767.

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ICFAI University Eligibility Criteria:

The courses at this university are delivered by experienced and trained faculty. They ensure that quality education is imparted to students through an interactive teaching methodology. The candidates must meet the following eligibility criteria:

Courses Eligibility
  • Candidates should have passed in 12th [PCM] with at least 45% marks
  • Admissions will be based on performance in Personal Interview.
BA (Hons.)/ B.Com (Hons.)/ BBA/ BCA
  • Candidates should have passed in 12th with at least 40%
  • Admissions will be based on performance in Personal Interview
B.Tech {Lateral Entry}
  • Candidates should have passed in a 3 year Diploma in their respective branch of Engineering with at least 45%
  • Admissions will be based on performance in Personal Interview


  • Candidates should have graduated with at least 45% marks
  • Admissions will be based on performance in Personal Interview
  • Candidates should have passed in 10+2+3 with at least 40% marks
  • Admissions will be based on performance in Personal Interview
MCA {Lateral Entry}
  • Candidates should have passed in BCA or BSc [IT/ CS] with at least 40% marks
  • Admissions will be based on performance in Personal Interview

BBA-LLB (Hons.)

  • Candidates should have passed in 12th class with at least 45% marks
  • Admissions will be based on scores in CLAT/ LSAT


  • Candidates should have graduated with at least 45% marks
  • Admissions will be based on performance in Personal Interview


  • Candidates should have graduated with at least 45% marks
  • Admissions will be based on performance in Personal Interview
  • Candidates should have at least 2 years of industry experience

ICFAI University Admissions:

Application forms can be issued online. The University selects students on the basis of merit and a general interview conducted by the University. The final selection list is drawn by the Selection Committee. Below are some of the mandatory documents mentioned during the admission:

Students have to enclose the self-attested copies of the following certificates.

  • Date of Birth Certificate/ Class X Certificate
  • Marks sheets of Class XII/ Degree certificate (As may be applicable)
  • Domicile Certificate
  • Aadhar Card
  • Any other certificates of academic and other activities

Admission Calendar 2020:

  • Application Form:- June 29, 2020
  • Interview and Admission Decision:- July, 2020
  • Last Date for Payment of Admission Fee:- August 04, 2020
  • Registration:- August 04, 2020
  • Commencement of Programs:- August 05, 2020

The ICFAI University, Jharkhand Highlights

Institution Type Private
Year of Establishment 2008
Recognised by AIU UGC +1

The ICFAI University, Jharkhand Rankings

Publisher Ranking & Year Criteria
#122 in 2022 BBA
#30 in 2021 BBA
#79 in 2021 University

The ICFAI University, Jharkhand Courses & Fees 2024

Course Average Fees Duration
BTech ₹3,52,000 4 Years
MBA ₹2,64,000 2 Years
LLB ₹1,68,000 3 Years
BSc ₹1,02,000 3 Years
BCA ₹1,68,000 3 Years
BBA ₹2,34,400 3 Years
BCom -- 3 Years
MCA ₹1,98,000 3 Years
BA -- 3 Years
PhD ₹2,40,000 3 Years

The ICFAI University, Jharkhand Courses and Fee Structure

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Courses offered by The ICFAI University, Jharkhand

₹ 3,52,000 (4 Years)

₹ 2,64,000 (2 Years)

LLB [Bachelor of Law]

Offline On Campus

₹ 1,68,000 (3 Years)

BSc [Bachelor of Science]

Offline On Campus

₹ 1,02,000 (3 Years)

₹ 1,68,000 (3 Years)

BBA [Bachelor of Business Administration]

Offline On Campus

Exams Accepted: CLAT

₹ 2,34,400 (3 Years)

Exams Accepted: CLAT

PhD [Doctor of Philosophy]

Offline On Campus

₹ 2,40,000 (3 Years)

BA [Bachelor of Arts]

Offline On Campus

₹ 1,98,000 (3 Years)

Exams Accepted by The ICFAI University, Jharkhand


Exam Date: May 15, 2024

The ICFAI University, Jharkhand Reviews

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aniketkumarmishr Batch 2022 BBA [Bachelor of Business Administration]
Reviewed on Nov 26, 2022

Entrance Exams & Admissions : The eligibility criteria for taking admission in ICFAI University Jharkhand is different for different courses. For a bachelor of business administration ( BBA ), you must have 45%+ in 12th boards by any board. Science, commerce and arts st

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Niveditan Bba2020 Batch 2023 BBA [Bachelor of Business Administration]
Reviewed on Jul 18, 2022
4 Placements
3.5 Fees
3.5 Academics
4 Infrastructure
4 Campus

Placements & Internships : I did internship at max fashion of landmark group without stipend. Sales company package is around 10lakhs. Alumni network is good they motivate us through college meeting.

Entrance Exams & Admissions : Intermediate passed with 50% mark atleast.

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Rsriv2019 Batch 2017 MBA [Master of Business Administration]
Reviewed on Jul 03, 2022
5 Placements
3.5 Fees
4 Academics
4 Infrastructure

Placements & Internships : I am doing my internship from CCL company which is one of psu's key companies like pantaloon , Mac etc., that came for placements.The average salary figure is upto 5 to 10 lakh per am. The alumni network of our college is very good.

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Jiyasinha2429 Batch 2023 BBA [Bachelor of Business Administration]
Reviewed on Jul 03, 2022
5 Placements
5 Fees
5 Academics
5 Infrastructure
5 Campus

Placements & Internships : Internship was good. They provided us a good and better internship opportunities in finance, marketing and sales. 8 lacs per annum is the average salary, and highest salary figure is 10 lpa. And 100% students get placed. Alumni network is g

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Manishk21703 Batch 2023 BA LLB
Reviewed on Jul 02, 2022
5 Placements
5 Fees
5 Academics
4.5 Infrastructure
5 Campus

Placements & Internships : The placements are excellent in our college. Most students in their final year are eligible for getting campus placement from college. Internships are also provided to all the students of each domain every year.

Entrance Exams & Admissions : Stu

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