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The Institute of Chartered Financial Analysts of India University, Tripura
ICFAI University, Tripura
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Executive MBA Program: FAQs
 
What is the legal status of the ICFAI University, Tripura? 

The ICFAI University, Tripura was established in 2004 through an Act of State Legislature (Tripura Act 8 of 2004). It is recognized by UGC.
 

What is the difference between a Private University and a Government University? 

All universities, whether private or government, are established in the same manner, through legislation and recognized by UGC. Private universities are funded by the educational trusts / societies whereas government universities are funded by the government. Degrees granted by both are equally valid for seeking jobs or pursuing higher education. 
 

Are the degrees issued by the ICFAI University, Tripura recognized by UGC? 

Yes, the degrees issued by the ICFAI University, Tripura are recognized by UGC.
 

Are the Programs of the ICFAI University, Tripura recognized by AICTE? 

As per the AICTE Act, Universities do not need approval from AICTE. Only affiliated colleges of Universities need AICTE approvals.
 

Are the ICFAI University, Tripura Programs recognized by DEC? 

Yes. The Distance Education Council (DEC) has accorded recognition to the ICFAI University, Tripura for its distance education programs. The relevance of DEC recognition is limited only for seeking jobs in central government.
  

Where is the campus of the ICFAI University, Tripura?

The ICFAI University, Tripura has a campus based at Kamalghat Sadar, Agartala. It has over 6 lakhs sq. ft. of built-up area with academic blocks, workshops, laboratories, faculty rooms, auditorium, seminar halls, computer labs with latest computing facility, well equipped library, canteen, hostel, sports and recreation facilities. The campus also provides latest teaching aids and is Wi-Fi enabled.
    

What are the distinctive features of the Executive MBA Program? 

Another distinctive feature of the Executive MBA Program is that it uses the CAT-XL Model of learning. The CAT-XL approach is case-driven and based on independent study, and does not require you to sit for traditional end-of-term examinations. Instead, your progress is continuously evaluated on the basis of assignments, the analysis of case studies, and participation in workshops.
   

What is the CAT- XL Framework? 

CAT-XL or ‘Concepts, Applications, Trends – Experiential Learning’ is an experiential learning framework. It is a learner-centered approach to management education that takes into account the fact that the learning needs of self-motivated, mature individuals who have enrolled for this Program are different from those of students who join an MBA Program immediately after graduation.

Concepts and trends related to management are provided to you through management books (classic and contemporary) and concept notes. World-class case studies highlight trends in management and show the application of management concepts to real-world situations. In addition, the analysis of cases allows you to apply your knowledge of management theories and concepts. You learn through experiencing (case studies, workshops, work life situations), processing, generalizing and applying.
  

What are the key benefits of going through the Executive MBA Program?

You may already be working in a functional area like finance, marketing, HR, operations, or administration. By going through the program, you will gain a holistic perspective of the business. You will develop interdisciplinary and integrative skills which will help you in your career progression from a functional manager to a senior corporate manager. What’s more, you will be able to do so in a self-paced, enjoyable way since the Program follows an experiential learning method instead of a text based method which requires students to memorize facts and theories from a large number of voluminous textbooks on different subjects.
  

If I have six years of work experience, do I automatically qualify for enrolling in the Executive MBA Program? 

Six years of post qualification work experience is only one of the eligibility criteria. You should be currently performing a leadership/managerial/supervisory role in a business organization with an annual turnover exceeding ` 20 crore. Your experience should be in functional areas like sales and marketing, HR, finance and accounting, general administration, research and development, etc. If these conditions are met, you will be in a better position to benefit from the experiential learning methodology adopted in this Program and fulfill your career aspirations by subsequently taking up general management responsibilities.

For CFAs/CAs/CWAs/CSs, the post-qualification work experience requirement is three years or more. You should have also done your graduation with English as the medium of instruction and scored atleast 50% aggregate marks (or equivalent grades). This is a prerequisite as this Program involves a significant amount of self-study and effort in submitting assignments involving analysis of management case studies or critical study of a set of books and periodicals. 

The final decision on your admission will be taken by a selection panel which will conduct a telephonic (and/or face-to-face) interview to assess whether your potential as a future leader and whether you will be able to meet the academic rigor required to succeed in and profit from the Program. 
  

Can I specialize in a functional area (such as Marketing) or an industry (such as Aviation)? 

This program has a general management orientation: it prepares the functional managers so that they can take up general management positions and head independent business units in due course of time. That is why there are no functional specialization courses offered in this program.

(The University offers other post graduate programs for those interested in specializing in any functional area or industry. Please contact the University counselors for further details).
 

What is the case method of learning? 

Management is essentially about practice, not merely a set of academic theories. The case studies used in the Program are developed around reallife situations, in a number of businesses across the globe. By analyzing the cases, you will learn key management concepts through their application in a business context. For instance, through a case study on General Motors, you will get to know a good deal about the company, about the auto industry, and about global economic conditions because General Motors operates in a number of countries across the world. The case method enables you to think and learn in a multi-dimensional manner under simulated conditions. It requires you to analyze a problem and take appropriate decisions.
 

Is it possible to go through the entire MBA Program relying on just the case method of learning?

Yes. For example, the MBA Program at Harvard Business School is 100% case-driven. Students at Harvard are expected to go through at least 15 case studies every week. Thus over a two-year program they analyze hundreds of case studies in all management subjects. They do not have any theorybased examinations. All evaluations are based on their analysis of case studies. So is the case at IIM (Ahmedabad) and IBS(Hyderabad).

In the Executive MBA Program too, you will go through a number of case studies drawn from Indian and global contexts and thus gain exposure to and awareness of a wide variety of situations. You will learn to identify the central dilemma in a case study and explore its resolution through techniques of analysis and decision making. 
 

How do I understand complex theories and tools and techniques, using only case studies? 

We provide you with concept notes to facilitate the understanding of concepts, theories, tools, and techniques, we provide candidates with concept notes on the concerned subjects. By going through the concept notes, you will be able to grasp the basic concepts, tools and techniques.
 

What is directed independent study?

Directed Independent study, as the name indicates, is a self-driven, self-controlled learning process, with the University providing the necessary directions and guidance. 

There are 5 courses of directed independent study in the Executive MBA Program. In three of five courses, you are expected to go through carefully selected management books written by well-known authors as per the plan indicated and submit assignments based on your understanding. 

In the remaining two courses, you are expected to go through 20 issues of the Harvard Business Review over two years and submit assignments which will be based on articles that have appeared in the magazine. 

A combination of excellent books and path-breaking articles will enlarge your horizons and also deepen your understanding of management concepts and their applications. 
 

Do I have to attend the workshops? /How many minimum workshops do I need to attend?

During the program, you are required to attend a minimum of two mandatory workshops. You have the choice of attending additional optional workshops (if organized by the University) on other courses of the program also. Participation in the workshops is encouraged as this will provide an indepth understanding of the concerned subjects and also offer good opportunities for networking, direct interaction with the faculty and learning through peers. The registration fee for the mandatory workshops currently is ` 1,000 per course. The fee for the optional workshops will be indicated to all the enrolled candidates. The candidates need to bear their travel, food and accomodation expenses for the workshops.
 

How often will the workshops be conducted? What is the schedule? 

All workshops will be scheduled and conducted at the discretion of the University. The mandatory workshop on Managerial Effectiveness will be offered atleast two times in a calendar year.

Annual schedule on the workshops are given on website and students need to regularly check for their eligibility. 

Online registrations for workshops will be opened one month before the start of workshop and close before 15 days of the commencement of the workshop. Any cancellation of workshops due to less number of registrations will be intimated immediately on closure of the registration date. 

Peer learning is an important aspect of participation in workshops; the University reserves the right to cancel a workshop batch if the number of registrations is below a prescribed minimum. 
 

Is there any study plan provided to the students? 

Since this is a case-based program, sample case analysis for assignment submission is provided in the courseware package to the students, instead of study plan. 
 

What is the fee(s) that I should pay to the University for completing the Executive MBA Program?

Initially, you need to pay the Admission Fee and the Program Fee (either in Lumpsum or through the EMI facility). This includes the course fee and the courseware fee for all the courses – standard (casebased) courses, workshop-based courses, and directed independent study courses. 

The Program Fee covers the cost of dispatching courseware to addresses in India. Additional payment has to be made by any candidate who wishes to receive the courseware at an overseas address. 

The Program Fee covers subscription for a period of two years for the following three periodicals: Harvard Business Review, Effective Executive and Case Folio. Additional payment has to be made by any candidate who wishes to receive the periodicals at an overseas address. 

The fee for evaluation of case assignment / registration for workshop is ` 1,000 per course. This fee is to be paid by the candidates separately as and when they submit the assignments for evaluation/register for a workshop. No evaluation fee is to be paid for re-submission of assignments. Additional charges for travel, food and accomodation during the workshops should be borne by the candidates. 

The validity of your enrollment in the Executive MBA Program is for a period of four years. Candidates who are unable to complete the Program within four years, but are still keen on continuing in the program, are required to register de novo by paying the requisite fee. 

For specific information and the applicable fee schedule for an academic year, please refer the Executive MBA Program Application Material. 
 

What is the method of evaluation?

Evaluation will be carried out on the basis of the written analysis of cases on various subjects, assignments for independent study, and participation in workshops. There are no examinations in the traditional sense of the term: no examinations which require a candidate to go to a test center and answer a set of questions within a given period of time. The evaluation process is designed to encourage creative and applicationoriented thinking, so that the concepts learned can be meaningfully applied to practical situations. 
 

After I join the Program, how do I contact Student Services? 

You can contact Student Services through the following three channels of communication: Internet, e-mail, and telephone.

Internet: On enrolling in the program, you will receive a unique Enrollment Number. Access the website www.iutripura.edu.in, select the option ‘Online Student Services’, and register yourself using your Enrollment Number by creating a Password. Thereafter, you can login with your enrollment number and password whenever you want to access ‘Online Student Services’. 

E-mail: 
For all your queries e-mail to: 
ssdexmba@iutripura.edu.in 

For submission of assignments 
exmbaac@iutripura.edu.in 

Phone: To talk to a customer service representative, call on 

1-800-425-2911 (toll free) 
1-800-303-0303 (toll free) 
 

What is the time available for completing the program?

We expect serious candidates to complete the program in two years. However, the enrollment is valid for a period of four years. In other words, candidates can set their own pace and complete the program in a flexible manner. 
 

At the end of the program, will I get a transcript with grades or marks for each course?

For each course that you successfully complete, your performance would be graded as Excellent, Good, or Satisfactory. 

If your assignments submitted for a course are not satisfactory, you will be given specific feedback so that you can improve and re-submit the assignments. If your participation in a workshop is not satisfactory, you will be asked to re-enrol for the workshop. 

When you successfully complete all the 20 courses in the program, you will receive a transcript listing the courses and the corresponding grades. 
 

What degree will I receive? 

Successful candidates will receive the MBA degree from the ICFAI University, Tripura, which is a statutory University, approved by the University Grants Commission (UGC). 
 

When I complete the Executive MBA Program, will the University assist me with placement services? 

No, the University does not provide placement services or placement assistance for students of this program. 
 

Will this MBA degree make me eligible for enrolling in an Indian or international Ph.D. program in management? 

The eligibility criteria for enrolling in a Ph.D. program vary from institution to institution, both in India and abroad. As the ICFAI University, Tripura is a statutory university recognized by the UGC, the MBA Degree of the ICFAI University, Tripura will be accepted for admission in to Ph.D. Program.