The ICFAI University, Tripura, Directorate of Distance Education

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The PGDFA Program is offered on flexible learning mode. The program aims to impart knowledge and understanding of different aspects of finance viz., financial markets, financial analysis, valuation of assets, portfolio management, mutual and other funds and professional ethics. The program prepares the students to take various positions like fund manager, investment banker, financial analyst etc., in Indian and global firms.

Bachelor’s Degree in mathematics / physical science / commerce.

Two years.

Medium of instruction:

Validity of Enrollment
The students are required to complete PGDFA Program within a period of four years from the date of enrollment.

Students who are unable to complete the program within the validity period of four years, but still keen on continuing the program, are required to contact the University. The University may extend the eligibility period at its discretion. In such case the de novo registration fee as applicable to be paid.

The University provides prescribed books specially designed for the programs meant for self study. Counselling classes will be organized.

Program structure

The PGDFA Program is divided into two years. Each year consists of six subjects. The students are required to study and complete all the subjects in a sequential manner.

Year I

Year II

Financial Accounting

Investment Management


Risk Management and Derivatives Analysis

Quantitative Methods

Portfolio Management

Financial Management

Mutual & Other Funds

Financial Markets

Strategic Finance & Corporate Restructuring

Financial Statement Analysis and Decision Making

Business Ethics & Corporate Governance

Subject-wise Waivers
Students with prior qualifications, are eligible to get waivers from certain subjects of the PGDFA Program.


Eligibility for Waiver

Financial Accounting



MA (Economics)

Quantitative Methods

M.Sc (Statistics)

Financial Management

MBA (Finance) / CA / CWA

Financial Statement Analysis


What the qualifications refer to:
• CA means a person, who has passed the final examinations conducted by the Institute of Chartered Accountants of India.
• CWA means a person, who has passed the final examinations conducted by the Institute of Cost and Works Accountants of India.
• MA (Economics) and M.Sc (Statistics) from a recognized University.
• MBA [and includes PGDM/PGDBA referring to 2 year PG Diploma in Management/ Business Administration] from any University or reputed B-School with finance specialization and studied financial management as one of the subject.

Fee Schedule

Option I

(Year wise)


Fee (Rs.)

Admission Fee


Program Fee (year I only)




Lumpsum Payment


EMI Facility


Initial Payment (by Demand Draft/ Credit Card)


Balance amount to be paid through 6 Equated Monthly Instalments [EMIs] (including bank charges) by Postdated Cheques


Option 2

(Full Fee)


Fee (Rs.)

Admission Fee


Program Fee




Lumpsum Payment


EMI Facility


Initial Payment (by Demand Draft/ Credit Card)


Balance amount to be paid through 12 Equated Monthly Instalments [EMIs] (including bank charges) by Postdated Cheques


Note: Exam fee is payable separately as and when the student registers for the examination.

Refund policy
In case a student decides to withdraw from the program after enrollment, the fee paid will be refunded after deducting the admission fee and the cost of courseware supplied. Withdrawal requests received after 30 days of enrollment are not entertained and no refund will be given.

Right to amend rules
The University reserves the right to amend the rules and regulations wherever considered necessary and appropriate. Such amendments will be intimated to the students. Therefore, this publication and the descriptions contained herein are not to be construed as a contract binding the University to any specific policies. Possible changes include, but are not limited to curriculum and course content, passing requirements, eligibility criteria for examinations, fee schedule, refund policy, examination pattern, certification and designation, and such other matters as may be considered relevant.

The students are advised to read the following guidelines carefully before completing the Application Form for Enrollment and the Fee Remittance Form.

• The Application Forms should be filled in Capital Letters.
• Please respond to all the information sought.
• Additional sheets may be used, if necessary.
• Ensure that the Application Forms are signed.

Photocopies of certificates
• Photocopies of certificates regarding date of birth and educational qualifications and address proof shall be enclosed with the Application Form for Enrollment.
• Original Certificates should not be sent.

Please ensure that your Application contains the following enclosures.

• Application Form for Enrollment into the program (with recent color photograph affixed).
• Copies of Certificates of Date of Birth and Educational Qualifications.
• Xerox copy of Aadhar Card / Passport.
• Fee Remittance Form.
• Demand Draft/Credit Card Merchant Slip (wherever applicable) towards the payment.

The completed Application Forms along with the required enclosures can be submitted or sent by speedpost/courier to:

The Admissions Officer,
The ICFAI University,Tripura, University Campus,
Agartala-Simna Road, P.O. Kamalghat, Mohanpur,
Agartala - 799210, Tripura (West).

Enrollment dates

In order to become eligible to appear for the examinations, the students are required to enroll into the program on or before the following dates:


Enroll into the program on or before

October 2017

May 31, 2017

January 2018

August 31, 2017

April 2018

November 30, 2017

July 2018

Feb 28, 2018

Mock practice questions to familiarize with computer based examinations will be provided to all enrolled students

Award of Certificate
All the students who successfully complete all the subjects of the program will be awarded the PG Diploma in Financial Analysis (PGDFA) by the ICFAI University, Tripura.

Pre-enrollment services
Online prospectus request, online enrolment, updates on events and chat facility.

Post-enrollment services
Facility for online payment, chat facility for all the enrolled students, important information on counseling classes Schedule, updates on revision of curriculum, etc.

Secure Internet Payment Gateway
Students can enroll into the program by logging on to for filling the application form online and making the payment through Internet. Students can make the payment through the Credit Card issued by ICICI Bank and HDFC Bank or the VISA/MasterCard issued by any bank, through Secure Internet Payment Gateway. Net Banking facility is also available for customers of ICICI Bank, AXIS Bank, Yes Bank, Karnataka Bank, Corporation Bank, Oriental Bank of Commerce, South Indian Bank, Federal Bank, Indian Overseas Bank, Allahabad Bank, Bank of Bahrain & Kuwait and Dhanalaxmi Bank. Students may please note that payments relating to examinations will be accepted only through Secure Internet Payment Gateway.

Admission Policies and Guidelines
The Admission modalities are with reference to the distance learning PGDFA Program offered by the ICFAI University, Tripura.

Applications received from students are checked for the basic eligibility criteria and the eligible students are enrolled into the program under the distance learning mode.

No enrollment of foreign citizens
The admission into the distance learning program is not open to foreign citizens due to visa restrictions. Indian passport holders temporarily staying abroad can enroll subject to the decision by the Admissions Committee.

Rejected applications
If the applicants do not satisfy the eligibility criteria, the applications are returned to them along with all enclosures and the amount paid after deducting Rs. 500. Such students are, however, permitted to apply again after they subsequently satisfy the eligibility criteria.

The applicants are required to pay the fee as indicated in the Fee Schedule. The remittance can be done by way of Demand Draft or Credit Card. Demand Draft should be in favor of “The ICFAI University, Tripura-Fee Collection A/c FLP” payable at Agartala. For EMI facility please refer to Fee Schedule.

Eligibility for appearing in examinations
Students will be eligible to appear for the examinations for the first two subjects 5 months after the date of enrollment. Subsequently students can appear in 2 new subjects each quarter in sequential order, but not exceeding 4 subjects in each quarter examination.

Examinations are conducted four-times in a year in the months of January, April, July and October. The schedule of registration, examination dates and announcement of results will be placed on the University website and also mailed to the students’ registered e-mail id. The process uses the computer and internet exclusively for the purpose.