Home Employee Zone Contact Us Sitemap
The Institute of Chartered Financial Analysts of India University, Tripura
ICFAI University, Tripura
MIFA Program: FAQs
What is the legal status of ICFAI University Tripura?

The ICFAI University, Tripura is 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. The University has been approved by the University Grants Commission, under Section 2(f) of the UGC Act, 1956.

Are the programs of ICFAI University, Tripura recognized by DEC?

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

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

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

Where is the campus of ICFAI University, Tripura?

The ICFAI University, Tripura has a campus based at Kamalghat Sadar, Agartala which is a lush green campus spread over 32 acres. It has over 6 lakhs sq. ft. of builtup 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. The University offers Bachelor, Master, and Doctoral programs in management, finance, science and technology, information technology, education, law and other areas.

What are the unique advantages of pursuing the MIFA Program from the ICFAI University, Tripura? 

The unique advantages of the ICFAI University, Tripura-MIFA Program are:

  • The courseware provided by the ICFAI University Tripura is comprehensive and of high quality. The curriculum is contemporary and updated periodically.

  • Option to undergo Financial Analyst Training Program with Cygnus Business Consulting and Research. This program leads to applying knowledge to work, developing application skills, and gaining practical hands-on work experience.

  • The substantive exposure of Indian and international management practices with a strong case-study orientation.

  • The MIFA Program is structured in a flexible manner so that working executives can pursue this program without disturbing their careers.

  • Examinations are conducted 4 times a year, so that students who are not able to appear for examinations in one quarter can take up the examinations next quarter. Students can take advantage of this facility and successfully complete the program as fast as possible.

  • Examinations are also conducted on time and results are declared promptly, saving precious time of the students.

I am not a graduate; but I have completed a Diploma Course in management. Can I enroll for the MIFA Program? 

No, since the eligibility for enrolling into the MIFA Program is a Bachelor's Degree (any discipline) with 55% and above aggregate marks. Any Diploma Certificate is not considered as eligibility criteria for enrollment.

Do you provide any E-learning kit along with the study material package for the ICFAI University, Tripura - MIFA Program? 

Yes, we provide an E-learning package CDs to all the enrolled students of the ICFAI University, Tripura - MIFA Program. This will help students study in a convenient manner. The learning experience becomes more in-depth, flexible, personalized and above all enjoyable.

How much time in a day / week should I spend to study to complete the program?

If you wish to be a successful MIFA graduate and want to complete the program within the stipulated time-frame of 2 years, you should put in around 2-3 hours a day as study time regularly. Regular study is the key to success in a self study program.

Are there any negative marks in the objective type section of the examinations?

No, there are no negative marks for the objective type section of the examinations

In what way(s) is the MIFA Program different from the Professional Accounting Programs offered by other Institutes?

At the outset, we must emphasize that the other professional accounting programs offered in India are also of high standard and quality. However, the MIFA Program of ICFAI University, Tripura is structurally different from the accounting programs in many ways:


  The MIFA Program

  Professional Accounting Programs

  Key Theme

  • Financial Analysis and Investment Management

  • Accounting & Control

  Focus Areas

  • Financial Markets

  • Analysis & Valuation

  • Portfolio Management

  • Mutual and Other Funds

  • Code of Conduct

  • Financial Accounting

  • Management Accounting

  • Auditing

  Nature of Subjects

  • Financial Services

  • Volatile and dynamic, requiring frequent updation in curriculum and course material

  • Taxation & Law

  • Relatively more stable, not requiring such frequent revisions


  • Multiple Choice Problems

  • Applied Theory

  • Case Studies

  • Traditional Format

  • No focus on Comprehensive  Case Studies

  Skill Development
  through Case Studies

  • Yes

  • No