Welcome to the MBA Program

In the emerging knowledge-based global economy, we have to build our core competencies around powerful ideas. With the increasing complexity of business, there is urgent need for great ideas which can be converted into effective action.

The winds of change are blowing all over the world. The transformation from regulation to liberalization, from protection to integration with international markets, and from central planning to free market economies, demands new thinking, new approaches and new skills to accelerate the momentum of growth and ensure success.

The new economic order also brings into sharp focus the necessity to efficiently and effectively channelize the resources of the world. While management at both the macro and micro levels would be far more challenging than ever, numerous opportunities for rewarding careers are emerging in this area. These developments place a premium on well-trained young men and women possessing superior professional skills in managing the complex business environment.

Managers of tomorrow should be people of vision. They must be well-equipped with knowledge and skills and inspired to lead. If you belong to this select group of managers who will shape the future, equip yourself with the MBA qualification. In this pursuit of preparing tomorrow's leaders, the ICFAI Center for Distance Education encourages students and working executives to pursue the MBA Program on distance learning basis.

The MBA Program will stretch your mind and test your limits. It will broaden your business perspective and sharpen your analytical insights. The unique combination of both Indian and International perspectives and the general management focus will give you an edge in your career progression and will prepare you to act effectively as a successful manager in the ever-changing business environment.

However, the pursuit of this MBA Program demands intellectual maturity, strength of purpose and willingness to work hard. For those endowed with inquisitive minds and the drive to succeed, this program will be a voyage of discovery leading to professionally satisfying careers.

We invite all those who share our vision, goals and purpose to join hands in our efforts to build a new cadre of management professionals, who will participate actively in the growth of this era of economic liberalization and globalization. Come, let us build a prosperous new world together.

Prof. M Rajagopal, Dean, Admissions Board, Distance Learning Programs Contents

The ICFAI University ...... 3 Global Network ...... 4 Research and Publications ...... 5 The MBA Program...... 6 Outline Curriculum ...... 8 Education Methodology ...... 11 E-Learning Package ...... 12 The Case Study Focus ...... 13 Training Classes ...... 14 Web-based Services ...... 15 Learning Benefits ...... 16 Examinations ...... 17 Careers & Placements ...... 18 Special Placement Scheme ...... 20 Branch Offices ...... 21 Admission Policies ...... 25 Guidelines to Complete the Application Form ...... 26 Payment Schedule ...... 27 Application Forms ...... 29

Disclosure All the readers of this document are advised to read the Disclosure, Legal Aspects (on page 28), Marwel (Educational Loan Scheme) Regulations,2005 (on page 32), Alchemist (Special Placement Scheme) Regulations, 2005 (on page 34) carefully and understand the contents clearly. Please feel free to contact the Dean, Admission Board, if you need any clarifications. The ICFAI University (hereinafter referred to as the University) represents the multi-state network of universities, sponsored by the Institute of Chartered Financial Analysts of India (hereinafter referred to as the Institute) in Uttaranchal, Tripura, Sikkim, Meghalaya and Mizoram under respective legislations. Each University in the network is a separate and independent legal entity. In addition, applications are submitted in several states which are examining proposals for establishment of private universities. For full details please visit www.icfai.org. The University Grants Commission has included The Institute of Chartered Financial Analysts of India (ICFAI) University, Dehradun, Uttaranchal in the list of Universities maintained by the University Grants Commission under Section 2 (f) of the UGC Act, 1956 (visit: www.ugc.ac.in). Consequently, the University confers degrees at bachelor’s, master’s and doctoral levels on eligible students subject to the University Regulations. This document is not the official prospectus of the University; it is prepared by the Institute at its own cost and discretion. The information given is an indication of the University/Institute plans on the date of publication of this document. The University is responsible for the curriculum, the examinations and the results. The Institute is solely responsible for all other activities. The University reserves the right to change the curriculum, course structure and the rules relating to admissions and examinations. Details may be modified from time to time for academic, regulatory and operational reasons. The students will be governed by the latest regulations applicable to them during the relevant academic year. This document is designed to provide the prospective students with information on educational programs only. The University does not hold any warranty or make any representation of the activities/services of the Institute. Neither the University nor the Institute assumes any 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 or the Institute 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, 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 and the Institute undertake no duty to update any forward-looking statements, to reflect future events or circumstances. The Institute, a non-profit society established under the A.P. (Telangana Area) Public Societies Act 1350F (Act 1 of 1350F), is the sponsor of the University and also the owner of the branch offices, trademarks, service marks and trade names like ICFAI, etc. The University is a licenced user of these trademarks, service marks and trade names. All other trademarks and logos appearing in this document belong to their respective owners and are duly acknowledged as such. Hifco Marwel Limited and Alchemist HR Services Private Limited are independent legal entities. Jurisdiction for all disputes (if any) relating to the MBA program (distance learning) is Hyderabad, India. © ICFAI. All rights reserved. (1105) The ICFAI University www.icfai.org

The ICFAI University (hereinafter referred to as the university) Institute), which was established in 1984 with the objective represents the multi-state network of universities, sponsored of offering educational programs to students, executives and by the Institute of Chartered Financial Analysts of India professionals in India. The Institute launched the CFA Program (hereinafter referred to as the Institute) in Uttaranchal, Tripura, in 1985. In 1995, the ICFAI Business School was established Sikkim, Meghalaya and Mizoram under respective legislations. to offer the MBA Program with various specialisations. Currently, Consequently, the University confers degrees at bachelor’s, master’s and doctoral levels on eligible students subject to there are over 9387 CFAs and MBAs who successfully graduated the University Regulations. The University Grants Commission from ICFAI and IBS. The Institute has set up several institutions has included The Institute of Chartered Financial Analysts of and professional bodies for imparting educational and training India (ICFAI) University, Dehradun, Uttaranchal in the list programs. of Universities maintained by the University Grants Commission under Section 2 (f) of the UGC Act, 1956. The Institute has established an all India network of its own branch offices at over 200 locations, to provide various services The University believes in creating and disseminating knowledge and skills in core and frontier areas through innovative to students pursuing the educational programs. educational programs, research, consulting and publishing, and developing a new cadre of professionals with a high level Currently, there are over 75,000 students pursuing various of competence and deep sense of ethics and commitment to programs. There are over 1500 faculty members engaged in the code of professional conduct. teaching, research and consulting work.

A number of educational programs are offered in management, finance, banking, insurance, accounting, law, information Constituent Units technology, arts, commerce, education and science & The constituent units of the Institute include the following technology at bachelor’s and master’s levels on full-time campus organizations, which have now emerged as Centers of Excellence: and distance learning formats. Examinations are conducted at over 100 test centers all over India, four times a year. v The ICFAI Center for Distance Education v The ICFAI Business School The Sponsor v The ICFAI National College The University has been sponsored by the Institute of Chartered v The ICFAI Institute for Management Teachers Financial Analysts of India (hereinafter referred to as the v The ICFAI Institute of Science & Technology

v The ICFAI School of Financial Studies

v The ICFAI School of Marketing Studies

v The ICFAI School of Human Resource Development

v The ICFAI School of Information Technology

v The ICFAI School of Public Policy

v The ICFAI Law School

v The ICFAI College of Education

v The ICFAI Center for Management Research

v The ICFAI University Press

ICFAI Alumni: Growing Numbers v The ICFAI Center for Entrepreneurship Development

3 Recognizing the globalization imperative, ICFAI and its affiliates/constituents have established a close networking relationship with leading institutions and professional bodies around the world.

The Association to Advance Collegiate Schools of Business, USA, International is the professional association for college and university management education and the premier accrediting agency for bachelor’s, master’s, and doctoral degree programs in business administration and accounting. ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS ICFAI is a member of AACSB, International. which connects ICFAI to the global network of educational OF BUSINESS, USA institutions, corporate and non-profit organizations.

European Foundation for Management Development, Belgium: Founded in 1972 at Brussels, Belgium, EFMD is a not-for-profit association of management education providers and leading companies. EFMD designed an international system of strategic audit and accreditation, called European Quality Improvement System (EQUIS). The ICFAI Business School is a member EUROPEAN FOUNDATION of EFMD. FOR MANAGEMENT DEVELOPMENT, BELGIUM Association of Asia Pacific Business Schools, Korea The Association of Asia Pacific Business Schools is established in October 2004, with a mission to provide leadership and representation in order to advance the quality of business and management education in the Asia Pacific Region. The Association will accomplish its mission by collaborating AAPBS in research and teaching, and working in partnership to improve business school standards and quality. ASSOCIATION OF AAPBS and its members are striving to understand and develop a solid paradigm for an Asian Management ASIA PACIFIC BUSINESS SCHOOLS education model with a global context.The ICFAI Business School is a member of AAPBS.

European Case Clearing House, UK and USA is the single largest source of management case studies in the world. They hold and distribute over 16,000 cases produced by some of the world’s best-known management teaching establishments. Established nearly 30 years ago, ECCH has grown significantly as the interest in the case teaching method has increased. ECCH offices are based at Cranfield University in England and Babson College, Massachusetts, USA. ICFAI and its research centers are among the top 10 contributors of case studies to ECCH. EUROPEAN CASE CLEARING HOUSE, UK & USA

Asian Securities Analysts Federation, Sydney, Australia: ASAF was founded in 1979 to promote the interests of the investment community of Asia and Oceania and to encourage and assist in the development of the profession of securities analysts. ICFAI represents India in the ASAF. ASIAN SECURITIES ANALYSTS ASAF and the European Federation of Financial Analysts Societies (EFFAS) have promoted the FEDERATION, AUSTRALIA Association of Certified International Investment Analysts (ACIIA).

American Accounting Association, Florida, USA: Promotes worldwide excellence in accounting education, research and practice. Founded in 1916 as the American Association of University Instructors AAA in Accounting, its present name was adopted in 1936. It is a voluntary organization of persons interested in accounting education and research. Its mission is to foster worldwide excellence in the creation, AMERICAN ACCOUNTING dissemination and application of accounting knowledge and skills. The Society of Certified Public ASSOCIATION, USA Accountants (SCPA), an affiliate of ICFAI has developed networking relationship with AAA, USA.

The Association of Certified International Investment Analysts, Switzerland is not for profit organization limited by guarantee, established in Switzerland in June 2000. The ACIIA is an international association made up of independent Federations and National societies, ASSOCIATION OF which represent finance and investment analysts. The Council for Portfolio Management and CERTIFIED INTERNATIONAL Research (CPMR), an ICFAI affiliate is a member of ACIIA. ACIIA allows the members of CPMR INVESTMENT ANALYSTS, SWITZERLAND (including CFAs) to appear for the final examinations directly.

Asia Pacific Risk and Insurance Association, Singapore: APRIA was established to provide a platform for academia/scholars and practitioners primarily in the Asia Pacific region with an interest APRIA in research to share ideas and engage in collaborative research for the ultimate benefit of the insurance ASIA PACIFIC RISK industry. The Institute of Certified Risk & Insurance Managers (ICRIM), an affiliate of ICFAI, is a & INSURANCE ASSOCIATION, member of APRIA to network with global players in insurance education in order to establish global SINGAPORE standards in risk and insurance education.

4 Research and Publications

The activities relating to research and publications are conducted l ICFAI University Press has a diversified portfolio of at the following activity centers: professional magazines and journals in the areas of finance,

economics, banking, insurance, law, management and l ICFAI Center for Management Research science & technology and brings out 17 professional l ICFAI Knowledge Center magazines and 41 research journals regularly. l IBS Case Development Center l ICFAI Books published over 500 books in management ICFAI University Press l and allied areas with a focus on emerging and l ICFAI Books frontier themes.

Activities European Case Clearing House www.ecch.org.uk l Developing well-researched and contemporary courseware The Research and Publications centers of the Institute including text books, workbooks and books of readings. are members of the European Case Clearing House l Developing comprehensive and situational case studies on (ECCH), a global depository of management case studies. They are active members from India in ECCH and Indian and global companies. contribute cases to ECCH. l Providing high quality content for research journals, magazines The research centers are among the top 10 contributors and executive education programs. of case studies to ECCH. ICFAI cases are being widely used in leading business schools including London Business l Carrying out applied research in management, finance and School, University of Cambridge, University of Oxford, allied areas. University of Michigan, Stanford University, Cornell University all over the world and are also being included l Contributing cases for European Case Clearing House (ECCH), in reputed management text books published in USA, UK, a global depository of management case studies. Canada, UK and Europe. ECCH is the single largest source of management case l Converting business stories into top-of-the-order case studies. studies in the world. They hold and distribute over 16,000 cases produced by some of the world’s best-known Contributions and Achievements management teaching establishments. These include Darden l ICFAI is one of the largest contributors of case studies Graduate School of Business Administration - University of Virginia; Harvard Business School, IMD - Lausanne, to ECCH, UK. Switzerland; INSEAD Fountainebleau, France; John F l Cases developed by ICFAI are being used by leading business Kennedy School of Government - Harvard University; Richard Ivey School of Business - University of Western schools all over the world and are included in text books Ontario. ECCH also distributes case studies in many in USA, Canada, UK and Europe. languages produced by individual authors from across the globe. l Recently ICFAI won the first and the second prizes for Established nearly 30 years ago, ECCH has grown best cases in the Eighth Regional Asia-Pacific Case Writing significantly as the interest in the case teaching method Competition organized by the Management Development has increased. ECCH offices are based at Cranfield University in England, UK and Babson College, Centre of Hong Kong. Massachusetts, USA.

5 The MBA Program (Distance Learning)

The MBA Program The MBA Edge The MBA Program prepares men and women with the skills, The MBA Program will give you the opportunity to develop knowledge and strategic perspectives essential to the leadership a range of highly valued professional skills and a competitive of business anywhere in the world. edge in your career. The MBA Program is designed to provide both a portfolio Career Progression : In most professional organizations, of strong functional skills and the ability to apply, adapt and the senior managers are usually MBAs. There are more integrate those skills in different management settings. While opportunities for MBAs than for almost any other functional the curriculum provides a rigorous grounding in traditional qualification. The MBA Program will provide a quantum jump disciplines, the educational process - with its emphasis on in career progression. new strategy and managerial skills - develops the skills for Personal Growth : The MBA Program will impart you with problem solving, decision making, and leadership of complex a perspective which enables you to relate to the entire business organizations. environment within which you may operate. You will be able General Management Focus to understand the impact of various decisions and play a significant role in them. The MBA Program will also help you In a business environment characterized by rapid change, understand business sufficiently to plan your own career and managers must necessarily be flexible and adaptable. The MBA entrepreneurial moves successfully. Program seeks to prepare managers to cope with this change. It is this philosophy which has led to the MBA Program adopting Continuous Learning : The MBA Program is a tremendous a general management approach. This approach will help learning opportunity. It will allow you to update your knowledge students develop a broad foundation of skills and knowledge and skills significantly. The knowledge you acquire needs constant in the diverse functional areas of business management. upgradation. And the learning methodology in the MBA Program provides you with a mechanism to seek, comprehend and A blend of Indian and International Perspective internalize knowledge on a continuing basis. The MBA Program has a blend of Indian and International Eligibility perspective. u Graduates (from any discipline) This mix of the Indian and International emphasis offers students, real and lasting benefits. They will: Sponsorship by Employers u be able to understand the workings of the domestic and Organizations are encouraged to sponsor their executives for international marketplace. the MBA Program, as a part of their human resource development plans. u become sensitive to other cultures and capable of working in international teams. Validity of Enrollment u become comfortable with and capable of managing diversity. The students are required to complete the MBA program within u develop strategic skills and adaptability. a period of seven years from the date of enrollment. On an accelerated track, students may be able to complete the Objectives and Philosophy program in two years. Students who are unable to complete The MBA Program aims to improve its students' capability the program within the validity period of seven years, but to manage. On completion of the program, students are still keen on continuing the program, are required to register expected to have acquired: de novo by paying the requisite fee. u a systematic approach to identification of business problems Subject-wise Waivers and their solutions Students with prior qualifications are eligible to get waivers u analytical, problem solving and decision-making skills from certain subjects of the MBA Program as indicated below: u the ability to make competent decisions Subject Eligibility for Waiver effective communication skills u Financial Accounting CFA, CA, CWA u the skills necessary for the potential senior manager, techniques Economics CFA, MA(Economics) in finance, marketing, manufacturing, human relations, Management Accounting CFA, CA, CWA information technology and strategic planning Quantitative Methods B.Tech, MCA u familiarity in applying these tools in business like situations IT & Systems B.Tech, MCA u a broad knowledge of concepts, policies and techniques Business Law CFA, CA, CWA, applicable to efficient administration and management of CS, BL, ML business

6 Program Structure The MBA Program The program is divided into three stages : Stage I, Stage/Group/Subject Marks Stage II and Stage III. Stage I The students are required to study and complete the three Group A stages in a sequential manner. Introduction to Management 100 Business Communication 100 Recent Trends in Examination Results Group B The summary of pass percentages of the MBA examinations Financial Accounting 100 held recently is given below: Economics 100 Pass Percentages Group C Group Quantitative Methods 100 Jan, 05 April, 05 July, 05 Management Accounting 100 Stage I Total (I) 6 0 0 Group A 40% 51% 51% Stage II B 33% 33% 33% Group D C 34% 34% 32% Financial Management 100 Stage II Marketing Management 100 Group D 35% 34% 30% Group E E 58% 47% 40% Information Technology & Systems 100 F 39% 44% 31% Operations Management 100 G 55% 63% 60% Group F Organizational Behaviour & HRM 100 Stage III Business Law 100 Group H 89% 62% 76% Group G I 47% 45% 58% Project Management 100 J 47% 63% 61% Management Control & Information Systems 100 Total (II) 8 0 0 The pass percentage of the students who attend the training classes is observed to be better by about 11% as compared Stage III to the pass percentage of those students who have not attended Group H the training classes. Business Policy & Strategy 100 Business Ethics & Corporate Governance 100 Awards Group I* The following diplomas/degree are issued to the successful Elective 1 100 students for stage-wise completion of the MBA Program. Elective 2 100 On completion of Stage I Diploma in Business Group J* Management (DBM) Elective 3 100 Elective 4 100 On completion of Stage II Advanced Diploma in Group K Management (ADM) Integrated Case Studies 200 On completion of Stage III Master of Business Total (III) 8 0 0 Administration (MBA) Degree Grand Total (I+II+III) 2200 Rank Certificates and Medals *Elective Streams

Based on the performance at MBA Stage III Examinations, l Marketing l Operations l Banking the University awards Rank Certificates to the top 10 students. l Finance l IT & Systems l Insurance

A gold medal is awarded to the best outgoing student of l HRM l International Business l Investments the MBA Program every year. With effect from April, 2006, the examination for each subject in Stage I will be for 200 marks and of 6 hours duration. Membership in the ICFAI University Alumni Federation Each subject will have 2 papers of 100 marks each and of All the students who successfully complete the 3 hours duration. Examinations will be conducted in the morning MBA Program of the University are eligible to become the session (3 hours) and the afternoon session (3 hours). This members of the ICFAI University Alumni Federation subject new format of examinations for Stage II and Stage III will be introduced from April, 2007 and April, 2008 respectively. to fulfillment of criteria prescribed for such membership.

7 Outline Curriculum

Given below is the outline curriculum of the MBA Program. The curriculum may be modified, revised, changed, deleted or added from time to time, depending on the developments in the relevant areas of study.

Stage I Market Logistics, Managing Integrated Marketing Communications, Deciding on the Marketing Communications Mix, Managing Advertising, Sales Promotion, Group A Public Relations, Deciding on Media and Measuring Effectiveness, Sales Promotion, Public Relations, Managing the Sales Force, Principles of Personal Selling, Introduction to Management: Management-an Overview, Evolution of Management Managing Direct and On-Line Marketing, Major Channels for Direct Marketing, Thought, Social and Ethical Responsibilities of Management, Fundamentals of Marketing in the Twenty-First Century: Electronic Commerce, Managing the Planning, Objectives, Strategies, Policies and Planning Premises, Managerial, Total Marketing Effort, Marketing Implementation, Evaluation and Control. Decision – making, Fundamentals of Organizing, Strategic Organization Design, Line and Staff Authority and Decentralization, Effective Organizing and Organizational Group E Culture, Human Resource Management and Staffing, Performance Appraisal and Information Technology and Systems: Foundations of Computer Systems, career Strategy, Organizational Change and Organization Development, Operating Systems, Foundations of Information Systems, Business Information Managing and the Human Factor, Motivating Job Performance, Leadership, Systems, Information Systems for Management, Managing Information Technology, Managing Communication, Fundamentals of Controlling, Financial Controls and Program Design and Programming Languages, Database Management Systems, Budgetary Controls, Production and Operations Management (OM, Directive Vs Relational Databases, Computer Networks, Telecommunication Networks, Internet Preventive Control, Management Information, International Management. and E-Commerce, Group Support Facilities and Systems, Shell Utilities, System Business Communication: Business Communication, Fundamentals of Administration in UNIX, Introduction to ‘C’, Loops, Functions and Arrays, Pointers, Communication, Nonverbal Communication, Listening, Interpersonal Skills, Structures and Files, Local Area Networks, Current Developments. Negotiations, Interviewing, Group Communication, Making Presentations - Getting Operations Management: Operations Management - An Overview, Operations Started, Organizing and Presenting the Speech, Letter Writing: Writing About the Strategy, Forecasting Demand, Allocating Resources to Strategic Alternatives, Routine and the Pleasant, Writing About Unpleasant, Writing to Persuade, Design of Production Process, Aggregate Planning, Fundamentals of Inventory Communication for Employment – Resume, Communication for Employment- Control, Purchase Management, Job Design, Work Measurement, Recent Application Letter, Writing Effective Memos, Structure and Layout of Letters, The Trends in Operations – Technology, Planning for Operations Capacity, Framework of a Report, Writing the Report, Managing Data and Using Graphics, Materials Management, Inventory Management, Enterprise Resource Planning, Review of Writing Skills. Supply Chain Management, Scheduling operations, Just-In-Time Manufacturing, Group B Quality Management, Maintenance Management, Project Management, Operations in Global Business Strategy, Current Developments. Financial Accounting: Introduction to Accounting, Accounting Mechanics, BasicRecords, Accounting for Inventories,Accounting for Receivables, Accounting Group F for Fixed Assets, Accounting for Intangible Assets, Accounting for Shares, Accounting Organizational Behavior and Human Resource Management: Understanding for Debentures, Preparation of Financial Statements, Preparation of Financial Statement: Organizational Behavior, Foundations of Human Relations and Organizational Behavior, Profit and Loss Account, Preparation of Financial Statements: Balance Sheet, Accounting Understanding People and Organization, Diversity and Ethics, Managing Standards, Consolidated Accounts of Holding and Subsidiary Companies, International Communications, International Organizational Behavior, Personality and Attitudes, Accounting and Taxation, Accounting for Mergers and acquisitions, Financial Analysis, Motivation, Perception, Learning, Leadership, Empowerment and Participation, Financial statement Analysis, Funds Flow Statement, Financial Forecasting, Current Conflict, Negotiation and Inter group Behavior, Foundations of Group Behavior, Developments. Understanding the Work Teams, Informal Organizations, Foundations of Economics: Introduction, Consumer Behavior, Supply and Demand Analysis, Organizational Structure, Decision Making, Power and Politics, Organizational Production Analysis, Analysis of Costs, Market Structure-I: Perfect Competition, Culture, Organizational Change, Foundation of Organization Development, Market Structure-II: Imperfect Competition, The National Income and Product Organization Development Interventions, The Future of Organization Development, Accounts, Consumption and Investment, Aggregate Demand and the Multiplier, Introduction to Human Resource Management, Organizational Design and Money and Banking, Classical, Keynesian and Post-Keynesian Macroeconomics, Human Resource Function, International Human Resource Management, Job Design Economic Growth and Aggregate Supply, Business Cycles and Unemployment, and Job Analysis, Human Resource Planning, Recruitment, Socialization, Price Stability, Economic Consequences of Debt, The Open Economy, Strategies Performance Appraisal, Training, Management Development, Career Planning and of EconomicDevelopment, Macro Economic Policies in India, Current Developments. Development, Job Evaluation and Compensation Administration, Wage and Salary Administration, Benefits and Services, Occupational Safety and Health, Group C Reward Management, Understanding Industrial Relations, Discipline and Employee Quantitative methods: Introduction, Basics of Mathematics, Arranging Data, Grievances, Trade Unions, Collective Bargaining, Workers’ Participation in Management, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Quality of Work Life and Quality Circles, Current Developments. Regression Analysis, Index Numbers, Concept of Probability, Probability Distribution, Business Law: Introduction, The Indian Contracts Act, 1872, The Negotiable Sampling Theory, Hypothesis Testing, Matrices, Decision Theory, Operations Research, Instruments Act, 1881, The Companies Act, 1956, SEBI Act, 1992, Income Linear Programming, Current Developments. Tax, Wealth Tax, Central Excise Act, Central Sales Tax, The Customs Act, International Management Accounting: Introduction to Management Accounting, Basic Business Law, Current Developments Cost Terms and Concepts, Cost Allocation, Methods of Costing, Cost-Volume- Group G Profit Analysis, Decisions Involving Alternative choices, Cost Analysis and Pricing Decisions, Budgeting and Budgetary Control, Standard Costing and Variance Project Management: An Overview of Project Management, Project Initiation Analysis, Management Information and Reporting System, Divisional Performance, and Resource and Allocation, Market and Demand Analysis, Technical Analysis, Appraisal, Contemporary Issues in Management Accounting, Current Developments. Financial Projections, Time Value of Money, Cost of Capital, Appraisal Criteria, Risk Analysis in Capital Investment Decisions, Application of Portfolio Theories Stage II in Investment Risk Appraisal, Environmental Appraisal of Projects, Social Cost benefit Analysis, Multiple Projects and Constraints, Options in Investment Appraisal, Group D Project Planning, Project Organization, Project Staffing, Project Budgeting, Financial Management: Introduction to Financial Management, Indian Financial Project Scheduling, Project Monitoring and Control, Project Termination, System, Time Value of Money, Risk and Return, Valuation of securities, The Foreign Regulatory Framework for Projects, Current Developments exchange market, Exchange rate Determination, Sources of Long-term Finance, Management Control & Information Systems: Management Control, Key Cost of Capital and Capital Structure Theories, Dividend Policy, Capital Expenditure Success Variables as Control Indicators, Designing Management Control Systems, Decisions, International Project Appraisal, Estimation of Working Capital Needs, Goals, Strategies and Control, Organization Structure for Effective Control System, Financing Current Assets, Inventory Management, Receivables Management, Decentralization Vs Centralization, Approaches to Management Control Systems, Cash Management, Mergers and Acquisitions, Introduction to Exchange Risk, Strategic Planning and Programming, Budget as an Instrument of Control, Transfer Financial Futures, Foreign Currency Options, Financial Swaps, Management of Pricing, Management Control of Operations, Continuous Improvement Methods, Exchange Risk, Asset-Liability Management, Current Developments. Corporate Audit, Analyzing Performance Reports, Reward Systems, Information Marketing Management: Understanding Marketing Management, Building Systems as a Support to Management Control, Management Control of Development Customer Satisfaction, Value and Retention, Winning Markets, Market-Oriented Programs and Cooperative Societies, Control of Service Organizations, Control of Strategic Planning, Scanning the Marketing Environment, Analyzing Consumer Markets Multinational Organizations, Management Control of Projects, Ethical Dimensions and Buyer Behavior, Analyzing Business Markets and Business Buying Behavior, of Management Control, Current Developments. Dealing With the Competition, Identifying Market Segments and Selecting Target Markets, Positioning the Market Offering Through the Product Life Cycle, Developing Stage - III New Products, Managing the Development Process, The Consumer-Adoption Process, Designing Global Market Offerings, Managing Product Lines and Brands, Group H Brand Decisions, Packaging and Labeling, Designing and Managing Services, Marketing Business Policy & Strategy: Overview of Strategic Management, Strategic Strategies for Service Firms, Managing Product Support Services, Designing Pricing Management Process, Company Mission: (B) Vision, Analyzing the External Strategies and Programs, Adapting the Price, Price Changes, Managing Marketing Environment, Evaluating the Multinational Environment, Internal Analysis of the Channels, Channel-Design Decisions, Channel Management Decisions, Channel Company, Company Culture and Values, Formulating Long Term Objectives and Dynamics, Managing Retailing, Wholesaling and Market Logistics, Retailing, Wholesaling, Strategy, Strategic Analysis and Choice, Operationalizing the Strategy, Strategy

8 and Structure, Resource Management and Control, The Value Chain and Competitive Strategic Financial Management: Capital Structure, Dividend Policy, Financial Advantage, The Value Chain and Generic Strategies, Mergers, Acquisitions and Analysis, Decision Support Models, Working Capital Management, Corporate Risk Divestitures, Joint Ventures and Leveraged Buy Outs-Takeovers, Managing Change, Management, Strategic Cost Management, Divisional Performance, Firms in Financial The Strategist, Challenges for the 21st Century., Current Developments. Distress, Valuation of Firms, Mergers and Acquisitions, Accounting for Mergers Business Ethics & Corporate Governance: An overview of Business Ethics, and Acquisitions, Inflation Accounting, Current Developments. Business Ethics – Various Perspectives, Ethical Organization and Corporate Code, ELECTIVES IN HUMAN RESOURCE MANAGEMENT Managerial Ethics and the Rule of Law, Business Ethics and Environment, Ethical Issues in Strategic Management, Ethical Issues in Marketing, Ethical issues Group I in Operations Management, Ethical Issues in Purchasing, Ethical Issues in Human Performance Measurement and Reward Systems: Introduction, Performance Resource Management, Ethical Issues in Finance, Ethical Issues in Accounting Work, Drivers, Leadership & Performance, Doctrinaire & pragmatic approaches in performance Ethical Dilemmas at Work, Corporate Social Responsibility- A Historical Perspective, management, Reward Management, Self-Actualizing Employees, Performance Corporate Responsibility – Stakeholders, The Role of Business in Society. Appraisals, Should Performance Appraisal be scrapped?, Cases in Performance appraisal. Corporate governance – An overview, Corporate Governance– Evolution, Corporate Recruitment, Training and Development Governance – Board of Directors, Corporate Governance – Board structures and Styles, Corporate Governance–Codes, Current Developments. Group J Leadership and Change ELECTIVES IN MARKETING Strategic Human Resource Management: HRM and Strategy: An Overview, Group I Importance of Human Resources to Strategy, HRM and Organizational Strategies, The Human Resource Environment, Redesigning Work Systems, Human Resource Advertising & Communications: The Development of Today’s Promotional Planning and Strategy, Strategic Acquisition of Human Resources, Strategic implications Environment, Theories and models of Promotion, The Client – Agency – Media on training and development, Performance Management and Evaluations, Relationship, Broadcast Media Opportunities, Non Broadcast Media Opportunities, Compensation and Strategic Human Resource Management, Strategic Challenges Advertising Agency, Planning and Briefing in Advertising, Sales Promotion, Direct for leadership, Safety and Health, Labor relations, Career Management, Employee Marketing, Public Relations, Sponsorship and Merchandising, Selling Situations – Separation and Downsizing, SHRM in International Arena, SHRM Mergers and External and Internal, Planning for Integration, Implementation and Evaluation Acquisitions, Outsourcing, Information Technology & HR, Ethical Issues in Strategic of promotion, Current and Future Issues, Current Developments. Human Resource Management. Services Marketing: Understanding Services, The Nature of Services Marketing, Consumer Behavior, Customer Expectations and Perceptions, Listening to Customers, ELECTIVES IN OPERATIONS Market Segmentation and Targeting, Positioning and Differentiation of Services, Group I Managing Demand and Capacity, The Marketing Mix Elements, Product Packaging the Service, Pricing in Services, Promotion and Communication of Services, Place Quality and Productivity Management: Approaches and Philosophies in Quality in services, People in services, Process in Services, Physical Evidence in Services, Management, Quality and Competitiveness, Enhancing Customer Value through Relationship Marketing, Internal Marketing, Adding Value to Core Products through Quality Management, Strategic Planning for Quality, Implementing TQM, Leadership Supplementary Services, Developing and Managing the Customer- Service Function, for Quality, Team Building and Teamwork, Employee Empowerment, Tools for Marketing Planning for Services, Service Quality, Globalization of Services, Tourism, Quality Improvement, Overview of Total Quality Control Tools, Quality Function Travel and Transportation Services Marketing, Financial Services Marketing, Deployment, Statistical Process Control, Continuous Improvement, Benchmarking, Communication and information services marketing, Media Services Marketing: JIT, Six Sigma, ISO Standards and Quality Management, Quality Management Broadcasting, Professional Services Marketing: Healthcare, Current Developments. and Ethics, Productivity Cycle, Measurement & Evaluation of Productivity, Techniques of improving Productivity, Relationship between Quality & Productivity, Total Group J Productivity Management. International Marketing: Marketing Information Systems and Research, Supply Chain Management: Supply Chain Management: An Overview, Supply Segmentation, Targeting and Positioning, Planning process, Product and Branding Chain Integration, Demand Forecasting in a Supply Chain, Managing Demand and Decisions, Pricing, Marketing Channel and Place Decision, Promotion Decisions, Supply in a Supply Chain, Facility Network Design, Purchasing and Supply Chain Leading, Organizing and Controlling, Current Developments. management, Manufacturing in a Supply Chain Context, Inventory Management, Sales & Distribution Management: Introduction to Management, Personal Managing Transportation in a Supply Chain, Warehousing, Returns Management, selling, Sales Planning and Budgeting, Estimating Market Potential and Forecasting Customer Service in a Supply Chain, Order Fulfillment, Cooperation and Coordination Sales, The Effective Sales Executive, Sales Organization, Assembling the staff, Training in a Supply Chain, Role of Outsourcing in a Supply Chain, Measuring Supply the Sales Force, Time and Territory Management, Sales Quotas, Compensating Chain Performance, Information Technology in Supply Chain, E-Business and the Sales Personnel, Motivating Sales Force, Leading the Sales Force, Analysis of Sales, Supply Chain, Financial Flow in Supply Chain. Costs and Profitability, Ethics and Social Responsibility, International Sales Management, Group J Marketing, Retailing, Wholesaling, Marketing Logistics, Channel Planning, Channel Management of Service Operations: Role of Services in an Economy, Service Integration, Managing Marketing Channels, Channel Conflict and Competition, Channel Strategy, Service Classification, Service Site Location, Service Facilities Design, Design information systems, Evaluating Channel Performance, Current Developments. of Service Delivery System, Managing Capacity and Demand in Service Operations, Workforce Scheduling, Managing Waiting Lines, Queuing Models and Capacity Planning, ELECTIVES IN FINANCE Quality in Service Operations, Cost/Benefit of Service Quality, Tools for Service Quality, Setting Quality Standards and Measuring Quality Performance, Service Group I Process Analysis using Simulation, Managing service projects, Linear Programming Security Analysis: Investment scenario, Risk and Return, Stock Market in India, Applications in Services, Impact of Technology on Service Operations, Business Security Market Indicators, Sources of Financial Information, Fundamental Analysis, Process Reengineering, Strategic Alliance for Service Delivery. Impact of Changes In Accounting Policies, Equity Stock Valuation Models, Bond Management of International Operations: Internationalization of Operations, Valuation, Efficient Market Hypothesis, Technical Analysis, Advanced Technical International Operations Management, Variations in Operating Practices, Benchmarking Tools, Options, Futures, Warrants And Convertibles, Real Assets, Mutual Funds. International Operations, International Operations-Critical Issues, International Portfolio Management: Introduction, Capital Markets Theory, Portfolio Analysis, Operations Planning, International Facilities Location, International Sourcing & Logistics, Internationalization of Technology, International Technology Transfer, Portfolio Selection, Bond Portfolio Management Strategies, Equity Portfolio Management of Global Products, Interfaces with other Functions, Interface with Management, Investment Strategies Using Options, Applications of Index Futures Marketing, Interface with R & D, Interface with Communications. in Portfolio Management, Portfolio Revision, Managed Portfolios and Performance Measurement, Current Developments. ELECTIVES IN IT & SYSTEMS Group J Group I Treasury & Forex Management: Scope And Functions Of Treasury Management, Time Value of Money, Valuation of Securities, Financial Planning, Forecasting Data Warehousing and Data Mining: It covers topics on Data Warehousing and Budgeting, Financial Statement Analysis, Funds Flow Analysis, Working Capital Architecture and Design, Hardware and Operational Design, Capacity Planning, Management, Financing Current Assets, Cash Management, Inventory Management, Tuning and Testing, Data Mining, Knowledge Discovery Process. KDD Environment. Receivables Management, Financial Systems and Financial Markets, Credit Market, Software Project Management: This course contains Software project evaluation, Money Market - Introduction to Money Market, Call Money, Treasury Bills, Commercial Cash Flow, Risk Evaluation, Approach Selection, Software Estimation, Activity Paper (CP), Certificate of Deposits (CDs), Bill Financing, Debt Market: Gilt edged Planning and Scheduling, Risk Identification and Management, Resource Allocation, Securities Market, Repurchase Agreements (REPOs), Public Deposits, Financial Software Quality, Quality Standards, Techniques to enhance software quality. Guarantees, Capital Market: An overview of Capital Market, Regulation of the Capital Group J Market, Sources of Long term Finance, Theory of Capital Structure, Capital Expenditure Decisions, Dividend Policy, Leverage, Lease Financing, Internal Treasury Controls, E-Business: E-Business Models, Role of Technology, Economics of Information Tax Planning and Treasurer, Managing Bankruptcy, Banking Relationships, Managing Goods, Value Chain, Impacts on Organization Strategy and Structure, Legal, Social, Ethical and Regulatory Issues, Website Design, Management and Marketing, Electronic Investor Relationship, Introduction to International Finance, Theories of International Payment System and Security, Firewalls, Encryption, VPN, Portals, Search Engines, Trade, International Trade Finance in India, Balance of Payments, International ERP as E-business Backbone, SCM, CRM, Electronic Governance. Monetary System, The Foreign Exchange Market, Exchange Rate Determination, Exchange Rate Forecasting, Introduction to Exchange Risk, Introduction to Derivatives, Cryptography and Computer Security: It covers basics of Communication Security, Financial Futures, Foreign Currency Options, Financial Swaps, Measurement of Encryption Methods, Public Key Encryption, Hash Function, Network Security, Exchange Risk, Current Developments. System Security, Disaster Recovery Plan.

9 ELECTIVES IN INTERNATIONAL BUSINESS ELECTIVES IN INSURANCE Group I Group I: International Business Environment: Introduction, Theory of International Life Insurance : Principles of Life Insurance, Personal Financial Planning and Insurance, Trade, The International Trading Environment, The Regulatory Environment, Political Life Insurance Products , Pensions and Annuities, Risk Assessment & Underwriting Risk Management, Cultural Environment of International Business, Competitive , Premium Setting, Product Development, Design and Evaluation, Reinsurance, Strategy, Ethics and Social Responsibility, Current Developments. Claims Management, Marketing and Servicing, IT Applications, Tax Planning, Legal International Management – I: The International Monetary System, Balance Framework, Current Developments and Case Studies. of Payments, Exchange Rates, The Purchasing Power Parity Principle, The Interest Group and Health Insurance: Principles of Health Insurance , Health Insurance Rate Parity Principle, Money and Forward Markets, Futures, Options, Financial Products, Group Insurance Products, Product design, Development and Evaluation, Swaps, Multinational Cash Management, Financial Instruments in International Trade, Risk Assessment, Underwriting and Premium Setting, Claims Management and Third International Money and Capital Market Instruments, International Project Appraisal, Party Administration, Social Security, Reinsurance, Marketing and Servicing, Current Developments. IT Applications, Tax Planning, Legal Framework and Documentation, Current Group J Developments and Case Studies International Management – II: Marketing Information Systems and Research, General Insurance– Personal: Principles of General Insurance, Personal General Segmentation, Targeting and Positioning, Planning process, Product and Branding Insurance Products (Fire, Personal Liability, Homeowners, Personal Motor and Decisions, Pricing, Marketing Channel and Place Decision, Promotion Decisions, Miscellaneous Insurance), Terminology, Perils, Clauses and Covers, Risk Assessment, Leading, Organizing and Controlling, Current Developments Underwriting and Ratemaking, Product design, development and evaluation, Loss Prevention and Control, Claims Management, Reinsurance, Marketing and Servicing, Management of Multinational Corporations: A Conceptual Background, The IT Applications, Legal Framework and Documentation, Current Developments and Economic and Regulatory Environment, Socio, Political and Cultural Environment, Case Studies Strategy and MNCs, Modes of Entry and Strategic Alliances, Organizational Structure of MNCs, Control and Coordination in MNCs, Marketing Management in MNCs, General Insurance – Commercial : Commercial General Insurance Products Operations Management in MNCs, Human Resource Management in MNCs, Financial (Fire, Motor, Aviation, Engineering, Agriculture Marine, Credit Risk, Liability, Bonding, Management in MNCs, Doing Business Ethically, Challenges of Globalization, Towards Surety, Workers Compensation and Miscellaneous Insurance), Terminology, Perils, Transnational Companies, Enterprise Risk Management in MNCs, Strategic Issues Clauses and Covers, Risk Assessment, Underwriting and Ratemaking, Product design, for Indian MNCs. development and evaluation, Loss Prevention and Control, Claims Management, Reinsurance, Marketing and Servicing, IT Applications, Legal Framework and Documentation, Current Developments and Case Studies ELECTIVES IN BANKING Group J: Insurance Management - I: Group I: Underwriting Management : Underwriting Principles, Perils and Clauses of Insurance Money and Banking: Money and Banking – An Overview, Money its nature Policies, Class of Business and Product Design, Underwriting in Life Insurance, and functions, Money, Inflation & Interest, Creation of Money, Indian Monetary Underwriting in General Insurance, Underwriting and Ratemaking, Assessment and System, Monetary Policy, Financial Intermediation, Principles of Banking, Evolution Management of Exposures, Operational Controls, Current Developments and Case of Banks, Sources and Uses of Funds in Banks, Value Chain Analysis in Banking Studies Industry, The Structure of Banking Industry and Players in India & Abroad, Sectoral Development in Banking, Emerging Trends in Banking, International Perspective, Claims Management: Introduction to Claims Management, Significance of Claims Current Developments. Settlement, Nature of Claims from Various Classes of Insurance, Disputes, Litigation Credit Management : Overview, Credit Policy in Banks, Prudential Norms, Objectives and Arbitration, Trends in Claims, Awards by Legal and Arbitration System, Customer of Credit Management, Principles of Credit Management, Types of Borrowers, Service, Quality Aspects, Claims Management System, Integration of Claims System Credit Deployment, Documentation, Regulatory Framework, MIS & Credit Monitoring, with Objectives, Implementation and Monitoring the Claims System, Cost of Operating Follow up and Recovery Management, Debt Recovery Tribunals, Asset Reconstruction the Department, A Perspective on International Claims, Ethical Issues, Current Fund, The Securitization, Reconstruction of Financial Assets & Enforcement of Developments and Case Studies Security Interest Ordinance 2002, International Perspective, Case Studies, Insurance Management - II Current Developments. Reinsurance : Principles of Reinsurance, Types of Reinsurance, Casualty and Property Central Banking: Overview, Role of Central Bank, Policy Framework for RBI, Reinsurance, Marine Reinsurance, Aviation Reinsurance, Reinsurance Markets, Captive RBI and Monetary Policy, Regulation & Supervision of the Banking System, Regulation Markets, Legal Framework and Documentation, Underwriting Considerations, & Supervision of NBFCs & Co-operative Banks, RBI Onsite Inspection of Banks Organization and Operation, Claims Management, Current Developments and Case and Offsite Monitoring and Surveillance, Central Banking in Other Countries (USA, UK & EU), Bank for International Settlements, Review of RBI Balance Sheet, Credit Studies Information Bureau, Regulations Review Authority, Central Banking in Cyber World, Insurance Operations : Operations – Supply Chain Management, Customer Case Studies, Current Developments Focus, Service Design and Delivery Strategy, Organizational Design and Facility Commercial Banking : Overview, Banker Customer Relationship, Retail Banking, Location, Job Design & BPR, Work Measurement, Quality Assurance, Demand Deposit products in India & abroad, Pricing of deposits, Managing float through Forecast and Resource Allocation, IT enabled SCM, ERP and SCM, Outsourcing, liabilities, Fee based services, Corporate Banking, General Appraisal Criteria , Credit Current Developments and Case Studies Assessment – Fund Based – Term & Working Capital Finance, Credit Assessment – Non Fund Based Limits, Consortium Finance/Loan Syndication, Financing ELECTIVES IN INVESTMENTS International Projects, Financing SMEs, Credit Rating Models in Banks, Loan Pricing, Credit Disbursal & Monitoring, International Perspective, Case Studies, Current Group I Developments. Security Analysis - I & II: Investment Scenario, Securities Markets, Sources Group J: of Financial Information, Efficient Market Theory, Risk and Return: Total Risk and its Factors, Valuation of Fixed Income Investments, Valuation of Equity Shares, Treasury Management in Banks: Scope and Functions of Treasury Management, Responsibilities of the Treasurer, Regulatory Frame Work, Time Value of Money, Economic Analysis, Industry Analysis, Company Analysis, Technical Analysis, Options, Risk and Return, Financial Markets & Financial Instruments, Funds Management Futures, Warrants and Convertibles, Mutual Funds, Real Assets, Real Estate Investment: in Banks, Valuation of Securities, Liquidity Management, Integrated Treasury- Structure Risk and Return, Current Developments : Valuation of New Economy Stocks and Mechanics, Investment Decisions in Treasury, Internal Treasury Controls, Managing Group J Bankruptcy, International Perspective, Case Studies, Current Developments Risk Management in Banks: Introduction to Risk Management, Market Risk, Portfolio Management: Introduction to Portfolio Management, Capital Market Liquidity Risk, Interest Rate Risk, Forex Risk, Credit Risk, Operational Risk, Capital Theory, Portfolio Analysis, Portfolio Selection, Bond Portfolio Management Strategies, and Reputation Risk, Risk Management Framework in Banks, Managing Risks in Equity Portfolio Management, Investment Strategies Using Options, Applications Banks, Risk Management Tools, Asset Liability Management in Banks, Derivatives, of Index Futures in Portfolio Management, Portfolio Revision, Managed Portfolios Risk Management Strategies, Enterprisewide Risk Management, International Perspective, and Performance Measurement, Portfolio Management Schemes, Current Developments Case Studies, Current Developments Mutual Funds : Evolution of Mutual Funds, Mutual Funds in India, Regulation Management of Banking Companies: Overview, Organization Design, Business of Mutual Funds, Mutual Funds Prospects and Balance Sheet, Strategies of investors Planning by Banks, Strategic Issues in Banking Services, Managing Growth, Stakeholders in Mutual Funds Investing, Management of Mutual Funds, Performance of Mutual & their expectations, Managing Stakeholders Expectations, Mckinsey 7 S Framework, Funds, Ethics in Mutual Funds, Future Scenario of Mutual Fund Industry, Current Performance and Benchmarking, Customer – Centric Organization, Regulations Developments and Compliance, Leadership Development, Succession Planning, Knowledge Management, Managing Innovation, Entrepreneurship, ERM, Ethics and Corporate Group K Governance, Indian and International Case Studies, Current developments. Integrated Case Studies

10 Education Methodology

The education methodology encourages independent thinking and helps the students in developing holistic perspectives, strong domain knowledge, contemporary skill-sets and positive attitudes. The MBA program has been developed to enable students earn a high quality management qualification. The program allows students to pursue their full-time studies (if any) and working executives to remain in employment or professional practice throughout the duration of study. Integrated Learning Approach A unique integrated learning approach was evolved consisting of several distinct stages. These stages are designed to add significant value to the students’ understanding of the subject in an incremental manner. Self Study: All students are provided with a comprehensive courseware specially designed for independent study, consisting of textbooks, study guides, workbooks, books of readings and case books. In this stage, students are expected to achieve a reasonable group of subjects through self-study.

Courseware Textbooks: Textbooks are specially designed for independent study by the students. e-Learning package. The students can study at their own place, Study guides: Study guides provide crisp and concise information pace and time. More details are given on Page 12. of all the contents of the subjects. They will help the students revise and refresh their knowledge on all the topics. Case-based Learning: Case-based learning is an integral part of the program whereby the students familiarize themselves Workbooks: Workbooks are designed to help the students in with the situations of Indian and International companies and preparing for the examinations. how they are addressed. The purpose of the case analysis Model Question Papers: The model question papers are is to provide students an opportunity to put theoretical knowledge accompanied by possible solutions. Model question papers to practice. More details are given on Page 13. are meant to give the students an idea about the format Students are required to present analysis on integrated cases and the academic rigor of the examination. They are included as a part of the Stage III program. Details are provided in the workbooks. Assignments for self evaluation and case in Students Regulations. studies are also supplied as a part of the study package. Training Classes: To supplement the knowledge acquired Additional Learning Inputs : Journals and magazines play a very through self-study, training classes are conducted 4 times a important role in updating knowledge. Students are provided year at cities where the branch offices of the Institute are the Effective Executive, a monthly publication of ICFAI located (subject to registration of a minimum number of students University Press with articles of enduring significance on wide- at each city). Attending these classes is optional. More details ranging topics in management as additional learning input. are given on Page 14. In addition, all students of Stage III will also receive Case Web Support: All enrolled students are provided online web Folio journal, an ICFAI University Press publication. Students support on 24 x 7 basis. The use of web technology will are also advised to read major business magazines and dailies. enable the students to have a greater and easy access to the Assignments: The study package includes self evaluation faculty and the administrative staff. More details are given assignments which help students to evaluate their own academic on Page 15. progress. Examinations : The examinations are the final assessment E-Learning Package: The e-Learning package is designed of the students’ understanding of the subject. These examinations to help the distance learning students learn in a convenient will be based on a format similar to the model question papers computer-based environment. The students of MBA Program supplied to the students in the study package. More details enjoy the flexibility of independent self-study through the are given on page 17.

11 E-Learning Package

The e-learning package is designed to help the distance learning they are in a real class room. The e-lectures can be taken students study in a convenient computer-based environment. up by the students at their convenience and pace. The students of MBA Program enjoy the flexibility of independent l Lecture notes: Lecture notes are the printable notes provided self-study through the e-learning package. The students can to supplement the e-lectures. study at their own place, pace and time. Learning through

CD-ROM allows the students to take advantage of e-learning l Quiz: The chapter-wise practice questions are provided benefits without the need for an Internet connection. The as quiz. Students will be able to evaluate their understanding CD-ROM is fully interactive and enriching, computer-based of each chapter by taking quiz. Students have the flexibility tutorials blend colorful, effective lessons in an environment to attempt the quiz as many number of times as they that simulates a real classroom. The learning experience becomes like till they master the topics. more in-depth, flexible, convenient, personalized and above Articles and additional readings: At the end of each all enjoyable. The e-learning package is rich and valuable; l chapter, relevant articles are provided. Additional readings quite often more convenient than class-room learning. are the links to external resources available on the world Benefits of the e-learning package wide web. Through these articles, the students will be able The e-learning package helps students to: to enhance their understanding. l Upgrade knowledge and skills according to their schedule l Glossary: Glossary is provided for quick reference of l Control learning by taking courses at their own pace definitions and concepts, and their meanings or interpretations l Access the resources on 24X7 basis in various contexts. This is organized alphabetically for l Increased retention levels with the help of audio-visual easy access. aids l Mock tests: Mock tests are designed to test and evaluate l Learn anywhere, anytime, at home, work, or at any convenient the conceptual and practical understanding of the subject. place including travelling Each test contains 100 multiple-choice questions. The l Study online the chapters and other resources tests are to be taken under simulated conditions of three hours duration. These mock tests may help students get l Test their understanding from time to time throughout the package. a feel of the real examinations and help them in preparing for the real examinations better. The highlights are: E-learning package includes u Multiple-choice questions l E-Textbook: e-textbook is specially designed by the University for independent and comprehensive study. It u Generation of randomized questions for each test

is well-structured and designed to give an in-depth knowledge u In-built timer and scoring on the topics covered. Each chapter depicts clarity of u Flexibility to change/modify the answers before submission objectives that students may derive after studying the chapter. u Reports in the form of tabular and graphical formats l E-Lecture: Go through the e-lectures for better understanding. Each e-lecture has a voice over and animated u Detailed analysis at the end of each test with answers presentations which makes the students experience as if and explanations

12 The Case Study Focus

The Case Study Approach Case Studies on As the MBA program is uniquely designed to develop Indian and International Companies management perspective and skills, the case method is integrated ABB Indian Rayon as a dominant tool in the education methodology. It is not ACC Infosys Technologies enough for the student to be equipped with merely the Asian Paints Intel management tools and techniques. To be an effective AT & T ITC management professional, the student has to be trained to Bajaj Auto Johnson & Johnson think and act like one. Thus, the program has a very strong Ballarpur Industries Kellogg case study orientation. Bayer (India) Larsen & Toubro The program will use case studies of reputed Indian and BHEL Matsushita international companies. These cases will help the student Boeing McDonalds understand the complexities in various business, political, legal Britannia Industries Merck and social environment. BSNL Merrill Lynch Advantages of case-based learning Canon Microsoft Case studies are widely acknowledged as a very effective learning Castrol 3M aid. A case is usually a depiction of a managerial situation Caterpillar Morgan Stanley or dilemma that calls for the best possible plan of action Cisco Systems Motorola given the available information. Citicorp MRF Coca Cola Nestle You will benefit from our emphasis on case-based learning Colgate Palmolive Nicholas Piramal in the following ways: Compaq NIIT u You will acquire problem solving and decision making skills Dabur Nike in complex business situations. Digital Equipment Nirma u You will be able to apply theoretical learning and test Dr. Reddy’s Lab Pepsico management concepts in real life practical situations. EID Parry Philip Morris Federal Express Polaroid u You will gain confidence in handling dynamic situations. Food World Procter & Gamble You will understand the workings of the international u Ford Motor Ranbaxy Labs marketplace. General Electric Reebok u You will develop strategic skills and adaptability relevant General Motors Reliance Industries in the global economy. Glaxo Sinopec Corp. u You will develop an all-round personality with the unique HCL Sony advantage of being able to think and act like global managers. HDFC Southwest Airlines Hero Honda TELCO How case studies are integrated into the Hewlett Packard Thermax MBA Program Hindustan Lever Toyota The courseware provided to the students contains a number Hindustan Motors TVS Suzuki of case studies on Indian and international companies. The Honda Unilever Effective Executive magazine which is supplied to all MBA students Honeywell UPS deals with a number of cases. All the MBA students in HPCL Walt Disney Stage III will receive the Case Folio journal focussed on case IBM Westside studies. The students are expected to familiarize themselves ICI Whirlpool with these and other cases. In Group K (Stage III) students ICICI Wipro are expected to submit assignments based on integrated case Indal Xerox studies.

13 Training Classes

Inputs are provided to the students of the MBA Program u discuss and clear doubts and queries pertaining to the topics through comprehensive courseware including high quality covered in the subjects. textbooks, study guides, workbooks, model question papers u get into a disciplined mode and regular study. and the relevant publications as a continuous learning input. Training Classes Further, in order to supplement the students efforts through self study, the students are encouraged to attend training classes The training classes are conducted in cities where the branch at places where the branch offices of the Institute are located. offices of the Institute are located. The training classes constitute an important stage in the learning The training classes are conducted subject to registration of methodology by enabling the students to gain an in-depth minimum number of students at each branch. For more details understanding of the subjects. They provide a platform to students are requested to contact the respective branch offices the students for better understanding of the concepts and (addresses given on pages 21 to 24). also to clarify any doubts in the respective subjects and therefore prepare well for the examinations. Schedule : 4 times a year

The training classes facilitate in coping with the rigor of the The training classes are conducted during weekends/evenings, MBA program. They are beneficial to all the students enrolling four times a year, ie. from January to March, April to June, July to September, October to December. in the program; especially for working executives and professionals who may not find sufficient time to prepare Duration and plan for the examinations well in advance. The classes for each subject are scheduled for 36 sessions Attending these training classes is optional. However, students of 1 hour 15 min. each covering a total of 45 hours. are advised to avail the benefit of the training classes, as these classes help the students in mastering the area of study Fee and thereby perform better in the examinations. Students who plan to attend the training classes are required to pay the specified fee as given on page 27. Analysis of past examination results clearly indicates that those students who attend the training classes fare significantly better Registration for training classes in examinations than those, who do not. The pass percentage Students are strongly advised to register for training classes, of the students who attend the training classes is better by when they enroll for the MBA program. Alternatively, they 11% as compared to those students who have not attended may register for training classes as per the dates indicated the training classes. below, the earlier, the better :

Benefits of attending the training classes For the Training Classes Last Date for Regular attendance of the training classes enables students to: conducted during Registration u gain indepth understanding of the subjects covered. October - December September 25 u understand the concepts well. January - March December 24 u understand the examination pattern and obtain tips on April - June March 25 preparing well for the examinations through discussion of July - September June 25 previous question papers.

14 Web-based Services

The following web-based services are available to all the students: u Online Prescribed Forms for:

Pre-enrollment Web Services q Change of Address/E-mail u Online Order Form for Admission material q Non-receipt of Courseware u Online Counselling (Live Chat facility) q Non-receipt of Magazine/Journal u Online Enrollment through Secure Internet Payment Gateway q Academic Queries/clarifications and downloading the first set of lessons q General Queries u News@ICFAI: Updates on events like seminars, conferences, counselling meets, FDPs, etc. q Register Mobile Nos. u Press Room: Press Releases, Press Clippings q Student Feedback Form u E-Newsletter q De Novo Registration u Online Feedback facility u Help line facility Post-enrollment Web Services u Electronic Student Newsletter u Candidates Regulations (Distance Learning Regulations/ Important information on Training Classes, Examination Program Regulations) u Schedule, Test Centers, Revision of curriculum, Convocation u Registration Facility (activation of student account) to avail etc. a range of services under secure environment with Enrollment Number and Password. The services include: u Access to online edition of ICFAI magazines and journals

q Online Examination Registration with downloadable u Online Academic Support and Discussion Fora : interact Admit Card facility with faculty, industry experts and fellow students. q Online Examination Results with Marks details u The following services will be offered in due course: q Online Admit Cards q Virtual library : links to articles, publications, informative q Past Question Papers sites, news items and reviews q Suggested Answers q Online Mock Tests under simulated conditions u Online payment for annual charges, De Novo Registration, Identity card, Overseas Courier charges, Overseas Examination q Online Teaching Kits – access lesson plans, lecture notes, Fee etc., through Secure Internet Payment Gateway. reference links, presentations etc.

Regular Study leads to success in MBA examinations The students of distance learning programs enjoy the flexibility of independent self-study. The students can study at their own pace, time and at their place. Students can take the best advantage of this freedom only if they are methodical in their approach and disciplined in study habits. Here are some useful inputs:

l Study everyday regularly for 2 or 3 hours by reading and listening to e-lectures.

l Attend training classes.

l Spend more time on study during weekends and holidays.

l Focus on exercises and work out problems.

l Seek clarifications by e-mail/post from time to time.

l Solve the problems in model test papers periodically and assess your progress.

l Participate in examinations mock-tests and improve your scores.

l Register and appear for examinations every quarter on a regular basis.

15 Learning Benefits

The students enrolling into the MBA Program are likely to o You will understand the various ways in which get several learning benefits from each one of the subjects information technology and information management of study. Each subject is given in-depth coverage so that the are useful in business management and enhancing the students derive maximum benefits. The more important learning competitiveness of the company. benefits are identified below: o You will grasp the importance of management planning, o You will be able to understand the various aspects of information and control systems by applying techniques business management and the importance of various like budgetory control, standard costing etc. functional areas in the operation of an organization. o You will learn the various tools and techniques to effectively o You will get to know about formulation of business manage the financial resources of your company. policies and strategies and their implications for the organization. o You will appreciate the importance of effective operations management and its strategic importance o You will get an insight about the economic policies in the smooth operations of a business. and its impact on your business in particular and the economy in general. o You will appreciate how important it is for companies to conceive new projects, execute them efficiently and o You will appreciate the driving forces behind business manage them well after commencement of commercial cycles like boom, recession, bust and recovery so that production so that the company can achieve growth you can develop and modify your business plans suitably. and profitability. o You will appreciate the legal environment in which o You will become familiar with e-business and its impact a responsible business has to operate and behave like on business. a good corporate citizen. o You will learn in detail about marketing mix o You will understand the need to have proper guidelines components viz product, price, distribution and for corporate governance and leadership based on promotion, and how the mix changes at different stages sound business ethics. of the marketing process. o You will be able to develop the art of effective o You will be able to analyze and understand behavior communication and presentation. in an organizational context with an emphasis on decision Ultimately, how much benefit you derive from a course making. essentially depends upon you and your willingness to learn o You will learn how to use accounting information in and your ability to stretch your imagination. These learning the managerial process including planning, decision making, benefits will accrue to you over a period of time as you control and performance evaluation. understand the concepts, tools and techniques and learn to apply them. The MBA Program will certainly tickle your o You will be able to use the various financial ratios intellectual curiosity and encourage you to learn in different to evaluate the financial health of your company. ways through textbooks, workbooks, books of readings, case o You will understand the key cost concepts and their application studies, assignments, magazines, training classes and in business decisions like make or buy, expand or shut down, examinations. In short, the MBA Program will open new vistas expand or shrink, product mix determination etc. for you. It will be a voyage of discovery! The ICFAI Republic School and the Alpha Foundation

The ICFAI Republic School (IRS) was started in 2004 by the Institute of Chartered Financial Analysts of India to provide quality English medium education, free of cost, to the children living in Fatehnagar, a low-income neighbourhood in Hyderabad. IRS has admitted 800 children from low-income families. These children are getting free textbooks, notebooks, uniforms and mid- day meal in addition to free tuition. In 2006, IRS will be admitting students up to Class X. The Alpha Foundation, sponsored by the Institute of Chartered Financial Analysts of India, is a charitable trust, for supporting free education and allied activities for the benefit of underprivileged children. The Alpha Foundation is extending financial support to IRS. As this is a socially very relevant project, we invite like-minded people to join this effort, through liberal donations. All donations, Rs.500 and above, to the Alpha Foundation are eligible for tax benefit under section 80G of the Income Tax Act. Visit us at www.icfai.org/alpha.

16 Examinations

Examinations Online Examination Registration The examinations are conceived, developed and administered All students are required to register for their examinations on a rigorous and fair basis to bring out the best in the students (including payment of fee) using the online facility only, as and prepare them for challenging careers in the world of management. the examinations department operations are fully computerised. Examinations for the program are conducted four times a year Examination Calendar 2006-07 in January, April, July and October. The examinations are generally conducted on Sundays in Model Question Papers with Suggested Answers January, April, July and October. The schedule of the The model question papers with suggested answers based on examinations to be conducted during 2006-07 is given below: previous examination pattern are included in the respective workbooks. For students who have appeared for the current Last Date for examination, the suggested answers for that particular Submission of examination will be available on the website (on payment of Examination Dates Examination requisite amount online) for a period of seven days from the Registration Form date of examination. However students can procure online the April, 2006 9, 16, 23, 30 Feb 28, 2006 previous examinations question papers with suggested answers by paying the requisite amount online. July, 2006 9, 16, 23, 30 May 31, 2006 Eligibility for Appearing in Examinations October, 2006 8, 15, 22, 29 Aug 31, 2006 Currently students are eligible to appear for Group A January, 2007 7, 14, 21, 28 Nov 30, 2006 examinations, three months after the date of enrollment. Subsequently, they can appear for each group every three months. From April 2006 onwards students will be eligible to appear Enrollment Dates for Group A and Group B examinations, three months after the date of enrollment. Subsequently, they can appear for two groups In order to become eligible to appear for the examinations, every three months. the students are required to enroll into the program on or Students are required to appear and pass the groups at each before the following dates. The earlier the better. stage in a sequential order. Examinations Enroll into the Program on or before Test Centers The examinations are held at the following Test Centers*: April, 2006 December 31, 2005

Agra Jabalpur New Delhi (3 Centers) July, 2006 March 31, 2006 Ahmedabad Jaipur Noida Allahabad (2 Centers) Jalandhar Ooty October, 2006 June 30, 2006 Amravati Jammu Patna Amritsar Jamshedpur Pondichery January, 2007 September 30, 2006 Anantapur Jodhpur Pune (2 Centers) Aurangabad Kakinada Raipur Bangalore (3 Centers) Kanpur Rajahmundry Passing Requirement Bareilly Kochi Rajkot Belgaum Kolhapur Ranchi u To pass in a group, a student must secure an average of Bhopal Kolkata (5 Centers) Rourkela 55 per cent marks for the two subjects in the group, subject Bhubaneswar Kota Salem Chandigarh Kottayam Siliguri to a minimum of 45 per cent in each of them. Chennai (3 Centers) Kozhikode Surat Coimbatore Kurnool Thanjavur u If a student secures 65 per cent or more in one of the Dehradun Lucknow (2 Centers) Thrissur subjects of a group, but fails to get 45 per cent in the Faridabad Ludhiana Tiruchirapally other subject of the same group, he/she will get exemption Goa Madurai Tirunelveli Gulbarga Mangalore (2 Centers) Tirupathi from the subject in which he/she has secured 65 per cent Guntur Manipal Trivandrum (2 Centers) or more. When an exemption is secured in one subject, Gurgaon Meerut Udaipur Guwahati Mumbai (7 Centers) Vadodara the student must secure a minimum of 45 per cent in Gwalior Mysore (2 Centers) Varanasi the other subject in a subsequent sitting to pass the group. Hubli Nagpur Vijayawada Hyderabad (4 Centers) Nashik Visakhapatnam u Wherever a student is granted a waiver in one subject of Indore Nellore Warangal a group, such students will have to secure 55% or more * More Test Centers will be added at other places in due course. For the latest information, please visit www.icfai.org. in the other subject to pass the group.

17 Careers and Placements

Career Opportunities Insurance The MBA Program is designed as a career-oriented professional Life Insurance, General Insurance, Health Insurance, Risk certification program. This career-orientation is built into the Management, Insurance Management, Bancassurance, design and administration of the program. The body of Reinsurance, Insurance Consulting, Underwriting Management, knowledge, curriculum design, education methodology, Insurance Marketing, Insurance Broking, Investment examination and grading process, all have a thrust on improving Management, Strategic Management of Companies the skills to enable students to build successful careers. Investments The MBA Program attempts to blend Indian and global content Investment Analysis and Research, Portfolio Management, and provide the students with the right blend of knowledge Investment Consultancy, Equity Research, Bond Research, Fund and skills that are vital to build successful management careers Management, Mutual Funds, Pension Funds, Investment in the dynamic business environment. Management The MBAs can seek exciting career opportunities in several fields: As the markets in India open up and more sophisticated General Management management techniques emerge, career opportunities for MBAs General Management, Corporate Planning, Business Strategy, can only increase in the future. Governance & Ethics, International Business, Enterprise Risk Placement Services Management, Project Management The Institute gives utmost importance to ensure that the qualified Marketing MBAs receive good placements. In this context, it is uniquely Sales and Marketing, Marketing Research, Marketing Strategy, placed to leverage on its experience and strengths along with Advertising and Communications, Promotion Management, the ICFAI Business School (IBS), for its placement activities. Customer Relationship Management Over the past 20 years, the Institute and IBS have developed Finance a strong placement network among blue chip companies in Corporate Finance and Control, Treasury and Foreign Exchange the manufacturing sector, financial services sector, banking, Management, Funds Management, International Finance & IT sector, consulting etc. This has been achieved through Risk Management, Investment Management, Banking and constant interaction with the industry through seminars, Financial Services conventions, executive education programs, summer internships, HRM management research projects, campus and off campus placement initiatives etc. HR Administration, Communication and Employee Relations, Recruitment and Training, Organisation Development, Advisory As a part of the placement efforts, the placement team will Services, HR Research, Psychographic Analysis, Performance visit a number of potential employers and placement consultants Appraisal and apprise them of the level of knowledge and practical application skills acquired by MBAs in various areas of Operations management and their utility to the organization as effective Business Process Re-engineering, Business Support Services, management professionals. Enterprise, Resource and Material Planning, Project Management, Supply Chain Management, Inventory Management, Quality The profiles of the MBAs seeking placement assistance would Management, Product Designing and Development be made available to potential employers. Placement meets IT and Systems and workshops will also be organized as a part of our placement program. Management Information Systems, Database Management Systems, System Analysis & Design, Internet & E-Business, All students who enroll in the MBA Program will be provided IT Project Management, Software Engineering, Quality guidance in career planning as they progress to the higher Management, Enterprise Resource Planning, Data Warehousing levels of the program. Through our career guidance support and Data Mining, Electronic Governance, Computer the students will get the opportunity to prepare for the placement Communication Security, Disaster Recovery and Computer program and thus augment their chances for better placement. Programming While the Institute gives the guidance and support and networks International Business with potential employers, the students have the responsibility Exports, Imports, Managing Overseas Operations, International to put in the maximum possible effort to obtain suitable Finance, International Marketing, International HR placement. It believes that the entire placement exercise is a joint effort between the University/Institute and the students. Banking Special Placement Scheme Corporate Banking, Universal Banking, Retail Banking, Investment Banking, International Banking, Bank Management, Alchemist HR Services Private Limited provides placements Risk Management, Asset Liability Management, Treasury & to the successful students of the MBA program through a Forex Management, Bank Marketing, Strategic Management Special Placement Scheme. Details are given on pages 20 in Banks and 34.

18 Organizations where ICFAI Alumni are currently employed (A partial list)

3i Infotech Daimler Chrysler IFFCO Tokio Gen. Insurance Pantaloon ABN Amro Bank Dalal Mott Macdonald i-flex Petroleum India ABS Dalmia Cements IL & FS Pfizer ACC Darashaw Imperial Allianz Philips Accenture DE Shaw IMRB Polaris ACME Insurance Dell International India Bulls PricewaterhouseCoopers AF Ferguson Deloitte Consulting India Infoline Prudential ICICI Air India Deloitte Haskins & Sells India Insure Punjab and Sind Bank Air Sahara Dena Bank Indian Express Group Punjab National Bank Allis Deutsche Software Indica Research Ranbaxy American Express Bank Dishnet DSL Indico Pharma RBI Amul DRL Indo Gulf Corpn. Refco Securities Andhra Bank DSP Merrill Lynch IndusInd Bank Reliance Industries Apollo Health Services DSQ Software Infosys Technologies Reliance Infocom Apollo Tyres Duff & Phelps ING Vysya Bank Reliance Telecom Asea Brown Boveri Dunn and Bradstreet Ingersoll-Rand Reuters Atlas Copco E Mecklai Intelligroup Revlon Aviva East India Hotels Investmart Royal Sundaram Insurance Avon Organics Eastern Financials IOC SEBI Aztec Eicher Motors Ion Exchange S R Batliboi Consultants Bajaj Allianz Insurance Electrolux Irevna SAIL Bajaj Auto Electrosteel Castings Iridium Interactive Samsung Bajaj Capital Ernst & Young Ivy Comptech Satyam Computers Bank of America Essar Industries JK Industries SB Billimoria Bank of Baroda Eveready Industries JM Morgan Stanley SBI Bank of India Exide JM Mutual Fund SBI Life Bank of Punjab Exim Bank Johnson & Johnson Scope International Basix Exim Soft JP Morgan Chase SDG Software Bata India First Global Jyoti Structures SG Software Berger Paints Fortis Investment Karvy Consultants Shantha Bio-Tech BHEL Franco Pharma Kirloskar SHCIL Biological E Franklin Templeton Kotak Bank Shriram Investments Birla Global Finance Frost & Sullivan Kotak Life Insurance SIDBI Birla Home Finance Gati Cargo Kotak Mahindra Finance Siemens Birla Sun Life GE Capital Kotak Securities Sierra Atlantic Blowplast GE Countrywide KPMG Sify Blue Chip Computers GE Money L&T SKP Securities Blue Dart General Motors LG Sonata Software Blue Star Glaxo Smithkline Lease Plan Southern Railways BNP Paribas GNFC Infotech LIC SPIC BOC Godrej & Boyce LIC Mutual Fund Srei Infrastructure BPL Godrej Soaps Living Media Standard Chartered Bank BSE Goodlass Nerolac L’Oreal Strabus Software Solutions BusinessWorld Google Lovelock & Lewes Sun F&C Cadila Grasim Macmillan India Sundaram Finance Caltiger Greenback Forex Madura Coats Swaraj Mazda Canara Bank Greenfield Online Magma Leasing Syndicate Bank Canon Grindwell Norton Mahindra & Mahindra Taj Group of Hotels Capital IQ Gujarat Ambuja Cements Mahindra British Telecom Tata AIG Insurance CARE Gujarat Lease Finance Majoris Tata Infotech Catholic Syrian Bank Gujarat Torrent Energy Marsh Maclennan Tata Motors CEAT Gujarat Venture Finance Maruti Udyog Tata Steel Central Bank of India Haldia Petrochemicals Max New York Life Tata Tea Centurion Bank HBL Nife McKinsey TCS Century Enka HCL Infosolutions Mercedes Benz Tecumseh CG Maersk HDFC Metlife Tetra-Pak CG Schlumberger HDFC Bank Microsoft Thomas Cook Cholamandalam Finance HDFC Standard Life MMTC Thomson Financials Cholamandalam MS Gen.Ins HINDALCO Modi Xerox Times of India Citi Financials Hindustan Lever Moser Bayer Titan Citicorp Hindustan Motors Mphasis Torrent Group Citicorp Securities Honeywell Mudra TVS CMC HPCL Nabard Universal Consultants Coats India HSBC Natco Usha Martin Coca-Cola IBM Nestle UTI Cognizent Technology ICI India New India Assurance UTI Bank Consortium Securities ICICI Bank Nicholas Piramal Vanenburg Core Group ICICI Capital NIIT Videocon Corporation Bank ICICI Home Finance Nike Vitage Systems Cox & Kings ICICI Lombard NSDL Voltas Credit Suisse First Boston ICICI Prudential Life NSE Web Development CRISIL ICRA Oman International Bank Wipro CSC IDBI Bank Onida Wockhardt Customs & Central Excise Idea Cellular Oracle XPS Cargo Cybertech Ideaspace Oriental Bank of Commerce Zuari Cement Dabur IFCI Panacea Biotech Zydus Cadila

19 Special Placement Scheme offered by Alchemist HR Services Private Limited www.alchemistindia.org

Alchemist HR Services Private Limited (hereinafter referred Outline of the Scheme to as Alchemist), provides placements to the successful students l Registration under Special Placement Scheme (SPS) of of the MBA program through a Special Placement Scheme. Alchemist is optional. Alchemist offers a wide range of HR solutions to the l The validity period will be 4 years from the date of manufacturing and services sectors, drawing upon the vast registration. l All students opting under the SPS of Alchemist are required knowledge and experience of its professional team of well- to pay an amount of Rs.3,300 to Alchemist. This amount qualified practitioners and experts. is indicated in the payment schedule given on page 27.

Alchemist currently operates from eight locations: Ahmedabad, l Alchemist undertakes to provide placements to the successful Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi students of MBA program within 3 months from the receipt and Pune. of the completed application forms from the registered students who receive the Program Completion Certificate Alchemist has unique strengths in ensuring timely and reliable from the university. delivery of HR solutions to its clients, best suited to their specific needs: l The placement under SPS may be provided by Alchemist anywhere in India and/or abroad with private sector, public l Comprehensive knowledge of current market place. sector, government and quasi-government organizations, l Vast data bank on experienced and qualified professionals non-government organizations and others including ICFAI. and executives. l The placement under SPS will carry a minimum remuneration of Rs.20,000 per month on Cost - To - Company (CTC) l A team of competent consultants, fully conversant with basis for a period of 12 months. major sectors of industry. l All obligations of Alchemist under SPS will cease if the l A tradition of business ethics, integrity and transparency. registered student does not complete the MBA program during the validity period, and/or declines the offer of Alchemist provides value-added services in the following areas: employment, and/or does not report for duty as per the l HR Consulting appointment letter, and/or leaves the job within 12 months l Training and Development and/or the employment is terminated by the employer on disciplinary grounds and/or other reasons. l Placements l Alchemist has no obligation to render any services to the l Outsourcing Solutions registered students beyond the validity period. To clarify With its active involvement into the corporate world of HR further no obligation shall survive on Alchemist beyond the activities, Alchemist provides an effective link for exploring validity period. opportunities of employment for the successful students of Students are advised to refer to the details of the Alchemist (Special the MBA program. Placement Scheme) Regulations, 2005 given on page 34. Branch Network of Alchemist HR Services Private Limited

AHMEDABAD: 901, 9th Floor, Sears Tower, Gulbai Tekra, KOLKATA: 2nd Floor, Block 204, Vardhan Market, 25 A, Near Panchavati, Off C. G. Road, Ahmedabad – 380 006, Camac Street, Kolkata – 700 016, Phone: 079 -30919676 / 77, Phone: 033-2283-4358, 5023, 6323, E mail: [email protected] E mail: [email protected] BANGALORE: No.20, Paul’s Castle, 3rd Floor, North Wing, Castle Street, MUMBAI: 1414, 14th Floor, Dalamal Towers, 211, Nariman Point, Ashok Nagar, Bangalore-560076, Mumbai – 400 021, Phone: 022-22021754 / 59, Phone: 080-51200-886/073, E mail: [email protected] E mail: [email protected] CHENNAI: 1 – D, 1st Floor, Eldorado Building, 112, NEW DELHI: 212, 2nd Floor, Ansal Bhavan, 16, Kasturba Gandhi Marg, Nungambakkam High Road, Chennai – 600 034, Connaught Place, New Delhi – 110 001, Phone: 044-55295998, 28312122, Phone: 011-51519496 / 97, E mail: [email protected] E mail: [email protected] HYDERABAD: 202, 2nd Floor, Olbee Centre, Rajbhavan Road, PUNE: D–535, 5th Floor, Clover Centre, Moledina Road, Camp, Somajiguda, Hyderabad – 500 082, Pune – 411001, Phone: 020-2612-9790 / 3511, 4014209 Phone: 040-23435365 / 66, E mail: [email protected] E mail: [email protected]

20 Branch Offices Services available at branch offices

All the branch offices are the own branches of the Institute of Chartered Financial Analysts of India and are not franchisee centers. They are also not the study centers of the university except in authorized jurisdictions. They are equipped to promote the following services. n Provide counselling to the students on various programs. n Answering student queries. n Supply of prospectus and application form. n Attending student problems/grievances. n Acceptance of completed application form, basic amount and n Facilities for downloading of admit cards. confirm spot admissions for those who satisfy the requisite criteria. n Sale of all the publications of ICFAI University Press including Journals, Magazines n Swiping facilities for credit cards. and Books. n Supply of courseware. Please note that the Examination results are confidential. The results will be declared on the website www.icfai.org which the students will be able to access with a protected password. The branch offices will not be supplied with the results.

City Address Phones Agartala Jaganath Bari Road, Bidurkarta Chowmuhani 0381-2319507 Agra No.10, 1st Flr, Narain Tower, Block No. G-13A/8, Sanjay Place 0562-2527035, 3098775

Ahmedabad l 508, 5th Flr, Shitiratna Complex, Ellis Bridge, Near Panchavati Pancharasta 079-2656-3042 / 2458

l 404, Parshwa Towers, Near Pakwan II, SG Highway, Parshwa Towers, Bodakdev 079-55317100/101 Ahmednagar 221 / 222 / 223, Amber Plaza, ‘A’ Building, Station Road, Near Bus Stand & ADCC Bank 0241-5616856 Ajmer Choudhary Villa, Ground Floor, Left hand Portion, 1, Shastri Nagar 0145-2622707 / 2420240 Allahabad 2nd Flr, Back Portion, Shri Ram Complex, 54, Sardar Patel Marg, Civil Lines 0532-2260255/2260098 Alwar 1st Flr, Data Arcade, Station Road 0144-3095577, 2700350 Ambala 2nd Flr, 6330, Punjabi Mohalla, Nicholson Road, Ambala Cantt. 0171-3092098, 2633619 Amrawati 1st Flr, 202, Krishna Complex, Opp. Traffic Office, Irwin Square 0721-2663312 Amritsar 2nd Flr, SCO-26, Distt. Shopping Center, B Block, (Above KSO Dept. Store), Ranjeet Avenue 0183-5005221, 5053168 Anantapur 2nd Flr, L.S. Towers, Opp. Lalithakala Parishad, Subhash Road 08554-249334 Angul Subhadra Tower, 1st Floor, Hanuman Bazar, Near ICICI Home Finance and APTECH 06764-231558 Aurangabad Osmanpura Main Road, Next to Sant Eknath Rang Mandir 0240-5624774/75, 3092250 Balasore Moti Plaza, FM Circle, HDFC Bank Building 06782-240819 Bangalore l Unit No.303, 3rd Flr, MBC, No.134, Infantry Road 080-57625211/311, 22865573, 51145980/81 l 2nd Flr, Anam Plaza, 52-53, 8th F Main Road, 3rd Block, Jayanagar 080-26551842, 57653508 l Unit 05, Upper Ground Flr, Innovator Building, International Tech Park (ITPL), Whitefield Rd. 080-51158637/638, 57673180 l 10/28, NK Plaza, 2nd Flr, Dr.Rajkumar’s Rd,Opp.Planet Honda Showroom, 4th ‘N’ Block, Rajaji Nagar 080-57613743, 23528996 l No. F-01, 1st Floor, Premier Court, 547, CMH Road, Indiranagar 080-51267299, 25212780 l Unit No. 361, 2nd Floor, 1st Main, 7th Block, Opp. HDFC Bank Lane, Kormangala 080-51216721, 25716761 l No.5, Rama Krishna Plaza, 1st Main, 2nd Cross, Adj. Pavitra Hotel, Electronic City, 1st Phase 080-51303117 l # 6, P&T Colony, RT Nagar Main Road 080-51244185 Bareilly 1st Flr, Shop No. 113-114, Ratan Deep Complex, Civil Lines, Chowki Chauraha 0581-2420034 / 37 Belgaum Flat No. 4, 3rd Flr, Ashray Empire, CTS-11, RPD Cross, Khanapur Road, Tilakwadi 0831-2424074 Bellary 2nd Flr, Back Portion, Kumar Plaza, Above Seven Hills Super Market, S.N. Pet, 1st Cross 08392-270390 Berhampur 2nd Flr, Arjun Plaza, Adj. St. Vincent Convent School, (Opp. Kalikote College) 0680-2225790 Bhagalpur Satyam Complex, RR Sinhalaya Road, Near BSNL Office, Adampur 0641-2409057 Bhatinda SCF # 8, Ground Floor, Opp. TV Tower, Model Town, Phase-1 0164-5000444 Bhilai Chamber II, 2nd Flr, Chauhan Estate, Supela 0788-2294067 Bhilwara Office No.11, 1st Flr, A- Block, SK Plaza, Pur Road 01482-244048 Bhimavaram 1st Flr, Block-B, Rear Portion, RR Complex, Opp. Union Bank of India, Juvvalapalem Road 08816-224317 Bhopal l Plot No.10-11, Alankar Palace, Comml. Complex, Near Pragati Petrol Pump & ICICI Bank, MP Nagar, Zone-2 0755-5277253, 2576975 l Plot No.5, 1st Floor, Jyoti Parisar, Above Rajpal Toyota Showroom, Near KOH-E-Fiza Hospital 0755-5252844 Bhubaneswar l Plot No. 10, 2nd Flr, Opp. Indian Overseas Bank, Satya Nagar 0674-2513-346/347,2506203 l 2nd Floor, NB Tower, Nayapali 0674-2564230 Bidar 1st Flr, Ganapath Rao Halwai Estate, Ambedkar Chowk 08482-221831 Bijapur S1-4, 2nd Floor, Sri Mahalakshmi Complex, Opp: Mahatma Gandhi Road, Madhula Maruthi Lane

21 City Address Phones Bikaner 1st Flr, 44, Panchshati Circle, Sadulganj 0151-3099955 Bilaspur 2nd Flr, Rama Trade Center, Opp. Rajeev Plaza, Above UTI Bank, Bus Stand Road 07752-500844 Calicut 2nd Flr, “Kannankandy Building”, (Opp. Noble Auto Agencies), Near Arayadathpalam, P.O. Puthiyara, Mavoor Road 0495-2722660, 3956860 Chandigarh SCO No.22-23, 1st Flr, Sector 9-D, Madhya Marg 0172-5081128, 2749504 Chennai l 6E, 6th Flr, Eldorado Building, 112, Nungambakkam High Rd, Nungambakkam 044-28235633 / 88, 28202151 l No.51, 3rd Flr, 1st Main Road, Gandhi Nagar, Adayar 044-24405944 / 5955 / 2777 l 3rd Floor, (Above Win to Win Super Market), No. 5, Rajaji Road, West Tambaram 044-52112055,22263-728/661 l 2nd Flr, W-100, Vijaya Complex, 2nd Avenue, Annanagar (Near Roundtana) 044-52171816, 26205139 l 77/1, New No.171, 1st Flr, Madhavaram High Road, (Opp. Gandhi Park), Perambur 044-25519111 l 185-190, 2nd Flr, Raahat Plaza, No.172, Arcot Road, Opp. Vijaya Hospital, Vadapalani 044-52333322 l No. 51, 1st Flr, Kashyap Arcade, RK Mutt Road, Mylapore 044-52169192 / 24959393 l127, 1st Floor, Arafat Towers, Angappan Naicken Street, Parrys 044-52625225 Chittoor 1st Floor, 2-1254/A, Officers Lane, Maruthi Complex, Opp. Indian Bank, K.R.Palli Branch 08572-550665 Coimbatore “Whites Building”, 2nd Flr, 550/8, Opp. Tanishq, D.B. Road, R S Puram 0422-2541190, 5366447 Cuttack 1st Flr, 1-B, Mahavir Apartment, Link Road 0671-2332811, 2321684 Davangere Ground Flr, Suvarna House, No. 2722, 2nd Main, IIIrd Cross, MCC ‘B’ Block, Opp. Medical College 08192-223366 Dehradun 7B, Astley Hall, (Near PNB), 1st Flr, Rajpur Road 0135-2654002 / 03 Dhanbad 1st Flr, Lal Kothi, Bankmore, Opp. Shri Ram Plaza, HDFC & UTI Bank 0326-2303100 Dharamshala Central Point, Opp. Sansar Hotel, Civil Lines 01892-224908 Durgapur Ground Floor, C-12, 3rd Street, Doctors Colony, City Center, Central Park 0343-2544433 Erode No. 225/301, 1st Flr, Mettur Road, Opp. Indus Ind Bank 0424-2266012/013 Faridabad SCF No.70, Sector 16A, Opp. Nehru Govt. College 0129-5070464 / 922 Faizabad 1st Flr, Noor Complex, Above ICICI Bank, Niyawa, Ayodhya Road Gandhidham Office No.7, 2nd Floor, Manohar Complex, Near Police Station, Char Rasta Lilashahnagar 02836-572430 Gandhi Nagar 304, Shalin Complex, Behind Megh-Malhar Complex, Sector 11 079-23243573, 55727557 Gangtok 1st Floor, Above Hotlix, Deorali Bazaar, Near Khadi Bhawan, Deorali 03592-281046 Ghaziabad C-53 A, RDC, Jasrotia House, Rajnagar 0120-2703105, 2702023 Goa l Panjim: 106, Kamat Towers, Patto Plaza, (Behind Kadamba Bus Stand) 0832-2437050, 211 l Margao: TF1, 3rd Flr, Sweet Home Symphony, Jose Inacio De Loyola Road, Near Old Railway Gate 0832-2732094 Gorakhpur 13-A, 1st Flr, Mangalam Tower, Civil Lines, Golghar 0551-2201329 / 1493 Gulbarga 1st Flr, 1-7, Jaji Block, Block No. VIII, (Opp. KBN General Hospital), Station Road 08472-242033 Guntur No.4-1-11 & 4-1-12, 4th Line, 1st Cross Road, Lakshmipuram (Adj. Dr. Lakshmana Swamy Hospital) 0863-2238958 Gurgaon 1st Flr, SCO - 22, Sector 14 Market, Near Nirula’s, Old Delhi-Jaipur Road 0124-222-3595 / 5556 Guwahati 2nd Flr, Above Woodlands Restaurant, GS Road, Ulubari Charali 0361-2132048 Gwalior 206-B, Second Level, Narayan Krishna, 44, City Center, Madhav Rao Scindia Marg 0751-5099990, 2235228 Haldwani 1st Flr, Guru Tegh Bhadur Market, Tikonia Chowk 05946-309212, 394250 Hubli Guru Kirpa, 2nd Flr, Behind Hotel Ambesh, Vidya Nagar 0836-2371738 Hissar 2nd Flr, SCF # 2, Near UTI Bank, Red Square Market 01662-306838 Hyderabad l 23, Nagarjuna Hills, Punjagutta 040-23430431-36 l 4th Flr, 401, Creative Plaza, Beside Andhra Bank, Shankar Mutt, Vidyanagar Circle 040-27630356,55100656 55684656, 55847577 l Cyber Heights, 2nd Flr, Plot No. 30, Rohini Layout, Opp. Cyber Towers, Madhpur 040-23110546, 23100546 l F-1, 1st Floor, “Amsri Classic, Above DBR Diagnostics, Opp. St. Mary’s Church, SD Road, Secunderabad 040-55446762, 27711981, 27705883/27705884 l 3rd Flr, Flat No.302, CMC Bldg., Above UTI Bank, Moosarambagh, Dilsukhnagar 040-55843677, 24557372 l MIG-1, H.No.3, Opp. ICICI Bank, KPHB Colony 040-55487577, 23157764 l Shop No.331, 2nd Floor, SAFA Arcade, Next to HDFC Bank, Mehdipatnam 040-23523255, 55973388 l #3-6-110/3, 2nd Flr, Anand Arcade, Opp. Malik Motors, Near TTD Kalyana Mandapam, Himayath Nagar 040-55524140, 55468656 Indore l 101, “Royal Ratan”, 7, MG Road, Near Hukumchand Ghantaghar 0731-2524070, 506-/8247/9003 l 2nd Floor, 30, Patel Nagar, Opp. Sapna Sangeet Cinema, Above Union Bank of India 0731-5078008, 5068008 Jabalpur Ground Flr, Plot No.21, Poddar House (Opp. Jabalpur Warehouse), Wright Town 0761-5066886 Jaipur Ground Flr, II, Shyam Anukampa, Ashok Marg, C-Scheme, Opp.HDFC Bank 0141-2363695, 2373689 Jalandhar Flat No.101, “Lotus Tower”, E.H. 198, Civil Lines, G.T. Road, Near Gujarat Palace 0181-5074769, 5000569 Jalgaon 1st Flr, Ranka Chambers, MG Road, Opp. Natwar Talkies, Navi Peth 0257-3091607 Jammu 108, Bahu Plaza, North Block, Gandhi Nagar 0191-2456920

22 City Address Phones Jamshedpur 3/4, 3rd Flr, Aditya Towers, Main Road, Bistupur 0657-2434957, 3094300 Jodhpur E-65, Ground Flr, Near Bhoot TVS Showroom, Near Jodhpur Hospital, Shastri Nagar 0291-5106610, 2614228 Kadapa 1/1625, 1st Flr, Lakshmi Plaza, Near Erramukkapalli Center 08562-552227 Kakinada Poorna Mansion, 2nd Flr, Beside Hotel Aiswarya Grand, (Old Tripura International), Bhanugudi Jn, Pitapuram Rd 0884-2387772, 2344321 Kannur 1st Flr, KVR Towers, Above ICICI Bank & HDFC Bank, South Bazar 0497-3098710 Kanpur l Flat No.616-617, Krishna Tower, (15/63, Civil Lines), Opp.Green Park Stadium 0512-233-0912 / 1145 l Ratan Floors, 2nd Floor, Swaroop Nagar, Above Indus Ind Bank Opp. Motijheel 0512-3042300, 2548-551/618 Karimnagar # 7-1-254, Opp. Ponnam Complex, Mankammathota 0878-2268440 Karnal SFO # 144, Ground Floor, Sector 13, Urban Estate 0184-3095153 Karur 2nd Floor, Ashoka Towers, Opp. Ajantha Theater, 1016, Kovai Road 04324-248822, 248830 Kasargod 1st Floor, Barkath Chambers, Nayak’s Road, Opp. Kasargod Co-op Bank 04994-394340 Khammam 2nd Floor, D.No.11-2-16-19, Reliance Web World Building, Wyra Road 08742-550045 Kharagpur Ground Flr, Agarwal Estate, Allahabad Bank Building, OT Road, INDA 03222-228366 Kochi 1st Flr, Ruckiya Bagh, Ravi Puram, MG Road, (Near Deepa Theatre), Ernakulam 0484-2359294 / 703 Kolhapur D/2, 2nd Flr, “Royal Plaza” C S No. 328, ‘E’ Ward, New Shahupuri, Dabholkar Corner 0231-265-5142 / 4491 Kolkata l 404 & 405, Krishna Bldg, 4th Flr, 224, AJC Bose Rd 033-22892161/2281-7745/7802, 22890397 l P-112, Block A, Ground Flr (East), Opp. SBI, Lake Town 033-2534-1172 / 4723 l Block CA, Plot No.2, Ground Floor, Sector-1, Salt Lake City 033-23594726 l 2nd Flr, 5/E, Port Blair Line (East), (Opp. Barrackpore Employment Exchange), Barrackpore 033-25924235 l Ganges Garden, Type A1, Room No.J&K, 3rd Flr, 106, Kiron Chandra Singha Road, Shibpur, Howrah 033-26505090 l #149, 1st Floor, Kanungo Park, Garia 033-24308563 Kollam CSI Building, Near Dhanya Theatre, Kadapakada 0474-3091485, 2765763 Kota 148, 1st Flr, Kaka Complex, Kotri Main Road, Gumanpura 0744-3091476, 2390840 Kottayam 3rd Flr, Logos Center, Logos Junction, Sastri Road 0481-3093181, 2561131 Kurnool 1st Flr, No.40/447/25, R.S. Road, Opp. STBC College 08518-249811 Lucknow l ‘Akshat’, 1/2 & 1/4, 1st Flr, 1/D-F, Ashok Marg, Above Corporation Bank 0522-220-4205 / 4559 / 8652 l 1st Flr, Gurupreet House, Adj. Chintel’s House, 21, Station Road 0522-2636705 / 8255, 2635624 Ludhiana 2nd Flr, Front Side, SCO-28, Feroze Gandhi Market 0161-2772523 / 3097022 Madurai 2nd Flr, 67/179, North Velli Street (Opp. A R Arcade) 0452-2342169, 5379989 Mahabubnagar 1-4-127, 2nd Flr, 1st block (Right side), Mannem Complex, Govt. Hospital Road, Above Airtel 08542-246016 Mangalore 3rd Flr, ‘Legacy Complex’, Lower Bendur Road, Bendoorwell 0824-2432050 Meerut 3rd Flr, T-305, Ganga Plaza, Begum Bridge Road 0121-2666166, 3092244 Mohali SCF 56, Phase 3B-2, Sas Nagar, Near Hot Millions, Mohali District, Ropar Moradabad 1st Flr, Singh Bhawan Chowk, Tari Khana, Opp. HDFC Bank 0591-3099-074/179 Mumbai l 816, Dalamal Towers, Nariman Point 022-22040888, 22823173 l 2nd Flr, BEST Building ‘A’, Opp. Andheri Rly. Station, Andheri (West) 022-2671-6563 / 8410 l 4th Flr, Krushal Commercial Complex, Above Shoppers Stop, MG Road, Ghatkopar (East) 022-55987187 / 89 l 311 & 312, 7th Flr, Shivkrupa Comml. Complex, Above Times of India, Gokhale Rd, Naupada, Thane 022-55921812/1946 l 606, Devavrata Premises, Behind Vashi Plaza, Near UTI Bank, Plot No.83, Sector 17, Vashi, Navi Mumbai 022-30990427/28 l 503, Siddharth Arcade, L.T. Road, Above HSBC Bank, Borivali (West) 022-39514760/61 l 304, 3rd Flr, Arun Chambers, Next to AC Market, Tardeo 022-23521844/3519/4580/6437 l 28, 5th Flr, Vaswani Mansion, Opp. KC College, 120, Dinshaw Vachha Road, Churchgate 022-2283-7003/1627, 22875646 l Shree Ganesh, Above Manas Collection, 2nd Flr, Navghar, Station Road, Vasai (W) 0250-3098666, 2345268 l A/401, Kasturi Plaza Complex, Above Federal Bank, Manpada Road, Dombivli 0251-5624-438/379/525 l Office No.2, 2ndFlr, Neel Atharva, Above Mayur electronics, # 239(2), Telephone Exnge Rd, Old Panvel 022-39597265 l Sagar Fortune, 502, 5th Floor, Water field Road, Near National College, Bandra (W) 022-56800163/165 Mysore A/2, 1st Flr, Chirag Plaza, Opp. Akshaya Bhandar, New Kantharaja Urs Rd, Kuvempu Nagar 0821-2543803, 3090663 Nagpur 308 & 309, INDUYASH Complex-II, 186, Cement Road, Near Ram Nagar Sqr., Dharampeth Extn. 0712-3099029, 5617708 Nasik S-5 & S-8, 2nd Flr, Utility Center, Opp.Rajiv Gandhi Bhavan, Sharanpur Road 0253-2570413, 5604820, 5637402 Nellore D.No. 23/1462 Aditi Crystal, 3rd Floor, Above ICICI Bank, Dhandayudhapuram, Opp. D.R. Uttama 0861-2301222, 5527778 New Delhi l B-372, 1st Flr, Meera Bagh, Paschim Vihar, (Outer Ring Road) 011-2528-3007 / 1138 l # 812-A, 8th Flr, Indraprakash Building, 21, Barakhamba Rd, Connaught Place 011-23739157 / 69, 23311329 l E-175, Front Portion, Bungalow Road, Kamla Nagar Bindal’s Chowk 011-55481831, 23841358 l B-9, Housing Society, South Extension-Part I, (Behind BPCL Petrol Pump) 011-51647667, 51648004 l Flat No.307-B & 308, Aditya Arcade, Commercial Complex, Preet Vihar 011-52420612-614 l 201-210, 2nd Flr, Pratap Bhavan, Bhadur Shah Zafar Marg, 011-55308880-82

23 City Address Phones Nizamabad 1st Flr, Block-A, Opp. Jaju Nursing Home, Hyderabad Road, Saraswathi Nagar 08462-229531 Noida 506-507, 5th Flr, Krishna Apra Plaza, P-3, Sector-18, 0120-2592410, 2516024 Ongole Vijaya Complex, Shop No.223 & 224, Beside Poornima Hotel, Kurnool Road 08592-557855 Palakkad 1st Flr, Sree Krishna Towers, Above Karur Vysya Bank, Sultanpet 0491-3950085 Panchakula 2nd Flr, SCO # 46, Canam Plaza, Sector 11 0172-5064046, 3949516 Pathanamthitta 1st Floor, Pioneer Towers, Opp. General Hospital 0468-3957636 Patiala SCO # 52, 2nd Floor, Near Gopal Sweets, Leela Bhawan 0175-5062416 Patna 207, Ashiana Towers, Exhibition Road 0612-3099395 Pondicherry 3rd Flr, Old No.5, New No. 25, Opp. Karur Vysya Bank, (Above Riche Rich) J N Street 0413-2220991, 5209596 Pune l Office No: 6, Rachana House, Near Sagar Arcade, F C Road, Shivaji Nagar 020-56026975/76 l Seth House, 3rd Flr, Opp. Sun & Sand Hotel, Bund Garden Road 020-56048771/72 l 106/7/8, Kohinoor Arcade, Opp. Nigdi Bus Depot, Sector No. 24, Nigdi-Pradhikaran 020-56317150/56115086 Rae Bareli 1st Floor, Raj Complex, Near Amar Hotel, Katchehri Road 0535-2204122 Raipur Ground Floor, Vanijya Bhawan, Near HDFC Bank, Sai Nagar, Devendra Nagar Road 0771-5091919, 3099622 Rajahmundry ICFAI House, D.No.26-2-7/1, Backside of Kambala Tank, Jaya Krishna Puram 0883-2448813, 2434919, 3090688 Rajkot Flat No. 407, 4th Flr, “Dhanrajni”, Dr. Yagnik Rd, Near Holiday Inn 0281-2462684, 5535777 Ranchi Unit No. 308, Commerce Tower (Beside Mahabir Tower), 3rd Flr, Main Road 0651-2331-922 / 508 Rohtak 2nd Flr, Ashoka Plaza, Opp. Myna Tourist Complex Delhi Road 01262-241348 / 329, 320767 Roorkee 3rd Flr, Above Amar Ujala Office, (Near PNB), Civil Lines 01332-278763, 394008 Rourkela l 1st Flr, D-6, Main Road, Opp. State Bank of India, Koel Nagar 0661-2473736, 2476350 l M-22, 18, Civil Township, Opp. RG Hospital, 0661-2401383 Sagar 1st Floor, Pamma Sahu Complex, 5, Civil Lines, Above Archies Gallery 07582-508131 Salem 1st Flr, A/3, Bharathi Street, (Beside Hotel Salem Castle), Swarnapuri 0427-2332122 / 2442122 Sambalpur 2nd Floor, Sai Sadan, Budharaja 0663-2230250 Sangli 1st Floor, Rahul Towers, Near DCC Bank, Pushparaj Chowk, 0233-5621789 Satara 2nd Floor, Sujan Complex, Opp. Kolkata Furnitures, Visav Naka Park, College Road 02612-395765, 235718 Shimla 2nd Flr, Walia Cottage, (Near Auckland Hotel), Lakkar Bazaar 0177-2657046 / 48 Siliguri 160/1030, 3rd Flr, Haren Mukherjee Rd. (Opp. Agragami Sangha) Hakimpara 0353-2524079 Solapur 18, Sarvodaya Society, Opp.Bank of Maharashtra, Nr. Old Hotgi Naka, Civil Lines, Nr. Vikas Nagar, Hotgi Rd 0217-2602839, 5622334 Sri Ganga Nagar 3/15, National Highway, Near Sukhadia Circle, Opp. Oriental Bank of Commerce, 0154-3093964, 2475304 Surat Flat. No. 12 & 13, 1st Flr, Suryakiran Apts., Beside St. Xaviers School, Ghoddod Road 0261-2650485, 5530048 Tanjavur 2nd Flr, JJ Plaza, Opp. CSE Computers, 85, Court Road 04362-309578 Thrissur 806/19, III Flr, Marva Arcade, Machingal Lane, MG Road 0487-3090920, 2321263 Tiruchirapalli 2nd Flr, S.F.3, Laxmi Arcade (Above HDFC Bank), A-10, 11th Cross, Main Road, Tilai Nagar 0431-2740761, 2740830 Tirunelvelli 1/16, 2nd Flr, Kenny Housing Complex, North High Ground Road, Palayam Kottai 0462-2561533 / 44 Tirupathi 3rd Flr, A.V.R Complex, Flat No. 302, 536, Balaji Colony 0877-2260723, 5561058 Trivandrum T C No. 24/459(3), 1st Floor, Suganth Building (Opp. Kerala State Council for Child Welfare), 0471-232-0853 / 1302, Music Academy Road, Thycaud 3950550 Tumkur 1st Floor, Parijata Arcade, Sri Sai Siri Residence, Opp. Gayatri Talkies, BH Road 0816-2276256, 5531676 Udaipur No.107, 1st Flr, Anand Plaza Complex, Ashok Nagar Road 0294-5102-254 / 545, 5103445 Ujjain FF-11, Sunshine Towers, Teen Batti Square, Free Ganj 0734-2555088 Vadodara 10, Laxmi Society, Opp. Baroda Heart Research Institute, Haribhakti Colony, Race Course Circle 0265-2341780, 5540299 Vallabh Vidyanagar FF6, Super Market, Near Dairy (Co-operative Milk Society), Adj. IDBI Bank, Nana Bazaar 02692-239734 Varanasi Arihant Complex, 2nd Flr, D-64/127-C-H, Sigra 0542-2226-320 / 439 Vellore 1st Flr, VRA Ranga Plaza, Opp. Raymonds, Arni Road 0416-5203008 Vijayawada 3rd Flr, Back Portion, Uttam Towers, Opp. Andhra Jyothi, M G Road (Beside Hero Honda Showroom) 0866-2473620, 5563620 Visakhapatnam l (Door # 47-10-20), Flat # D 1, 104, 1st Flr, Dwaraka Plaza, Dwarakanagar, Main Road 0891-2752653, 2598650 l 7-15-19, 1st Flr, Appana Complex, Beside AMP Sanmar Building, National Highway Road, Gajuwaka 0891-5526059 Vizianagaram Plot No.3, 1st Floor, Sri Sai Complex, Mayuri Junction, Opp. RDO Office 08922-226122 Warangal 1-8-605, Beside Andhra Bank, Nakkala Gutta Main Road, Hanamkonda 0870-2552610 Yamuna Nagar 2nd Flr, B-5/185/A, UCO Bank Bldg, Pyara Chowk, Near DAV Girls College, Jagadhari Rd, Model Town Area 01732-309872, 261263

New ICFAI branch offices are being opened periodically. For the latest listing of branch offices, please visit us at www.icfai.org

24 Admission Policies

Admission Payment

The goal of the Admissions Board is to select students whose The applicants enrolling into the program are required to academic background, work experience, leadership abilities pay a basic amount of Rs. 53,300. Students opting for Training and communication skills meet the demands of the MBA Program Classes and Special Placement Scheme are required to pay and promise a successful career in management. These additional fee (as given on page 27 in payment schedule). individuals must be able to benefit from, as well as, contribute A one time examination fee of Rs.800 for the first group is to the educational programs. Intelligent, ethical, articulate included in the basic amount. For the remaining groups, the and active individuals are encouraged to pursue this program. examination fee of Rs.800 per group is to be paid by the students The Admissions Board evaluates applicants' potential as future separately as and when they register for the examinations. leaders and their projected ability to succeed in and profit Please note that there will be no reduction in basic amount from the program. even if a student is eligible to claim subject-wise waivers based Enrollment on prior qualifications as indicated on page 6.

Applications received from the students are checked for the No Refund basic eligibility criteria and the eligible students are enrolled into the program. The applications received from students The amount once paid is not refundable under any awaiting final year results or those who do not have the circumstances, except in the case of rejected applications. certificates readily for submission, will also be processed and Loan Facility enrolled into the program. However such students will have to submit the relevant certificates of the qualifications claimed A loan facility is offered to the students by Hifco Marwel in the application as soon as they are made available to such Limited (HML) under “Marwel Educational Loan Scheme”. students. Students who wish to avail the loan facility from HML should complete the loan application form included in this document. Rejected Applications They should also enclose the postdated cheques for the required If the applicants do not satisfy the eligibility criteria, the amount drawn in favour of “Marwel Educational Loans applications are returned to them along with all enclosures A/c HML” towards Equated Monthly Installments. HML pays and the amount paid after deducting Rs.500. Such students directly to the Institute and the affiliates the entire loan amount are, however, permitted to apply again after they satisfy the sanctioned to the student. Hence, the student is required eligibility criteria. The students whose application have been to settle the loan amount including interest and other charges, rejected may appeal to the Admissions Board, if they wish if any, directly with HML. to have a review of their applications. Right to Amend Rules Students Regulations The University reserves the right to amend the rules and regulations wherever considered necessary and appropriate. All students who are enrolled into the program will be provided Such amendments will be intimated to the students. Therefore, with the Students Regulations which contain the various rules this publication and the descriptions contained herein are not and regulations pertaining to administering the program and to be construed as a contract binding the university or the the examinations. All registered students of the University institute to any specific policies. Possible changes include, are required to strictly adhere to the rules and regulations but are not limited to, passing requirements, eligibility criteria stipulated therein. for examinations, refund policy, curriculum and course content, Identity Card examination pattern, certification and designation, and such other matters as may be considered relevant. A photo identity card will be provided to the students after Jurisdiction their enrollment into the program by the University. The enrolled students are required to produce the identity card at the time All disputes (if any) relating to the MBA Program (Distance of examinations. Learning) are subject to Hyderabad, India jurisdiction only.

Online Enrollment through Secure Internet Payment Gateway

Students can enroll into any program by logging on to www.icfai.org, filing the application form online and making the payment through internet. Students can make the payment through the Credit Card issued by Citibank or the VISA/MasterCard issued by any bank, through Secure Internet Payment Gateway. Students may please note that payments relating to annual charges and examinations will be accepted only through Secure Internet Payment Gateway. Andhra Bank issues, on request, the ICFAI University - Andhra Bank co-branded credit cards to all the enrolled students of the University, to facilitate online payments.

25 Guidelines to complete the Application Form

The students are advised to read the following guidelines carefully c. Students making the payment through credit card are before completing the Application Form. required to complete the relevant column in the Application Form for Admission. a. The Application Forms should be filled in capital letters. Enclosures b. Please respond to all information sought. Please ensure that your Application contains the following c. Additional sheets may be used, if necessary. enclosures. d. Ensure that the Application Forms are signed by the a. Application Form for Admission into the program respective signatories. (with recent color photograph affixed). Subject-wise waivers b. Demand Draft towards the payment. Applicants who are eligible for subject-wise waivers based c. Application Form for Marwel Educational Loan on prior qualifications (as indicated on page 6) have to submit (if applicable). proof of those prior qualifications like marks sheets, certificates, etc. d. Application Form for Special Placement of Alchemist HR Services Private Limited (if applicable). Photocopies of Certificates e. Copies of Certificates of Date of Birth and Educational a. Photocopies of certificates of all your undergraduate, graduate Qualifications/Mark Sheets. studies and professional qualifications shall be enclosed with the Application Form for Admission. f. Students availing the Marwel Educational Loan scheme are requested to enclose the postdated cheques in favour b. Original Certificates should not be sent. of “Marwel Educational Loans A/c HML” along with the Mode of Remittance Loan Application Form. a. The payment for the program is to be remitted along The completed Application Form with the enclosures with the Application Form for Admission at the time of listed above may be submitted at the branch offices enrollment. Payments should be made through A/c payee or can be forwarded by Speedpost / Courier to: crossed demand draft of any commercial bank, drawn in favour The Admissions Officer, of "ICFAI A/c DLP" and payable at Hyderabad. The payment ICFAI Center for Distance Education, can also be remitted through credit card by holders of 52, Nagarjuna Hills, Punjagutta, VISA and MasterCard. The employees of the Institute Hyderabad 500082. are not authorized to accept cash payments from the Tel : 040-23435368 - 74. students. Also the employees of the Institute are not Fax : 040-2335-2521 / 4302. authorized to swipe their personal credit cards to pay Email: [email protected] on behalf of the students. Website: www.icfai.org b. Students availing the Marwel educational loan scheme are Students are advised to take note of the validity date specified on required to enclose the postdated cheques in favour of the Application Form and ensure that their Forms reach the “Marwel Educational Loans A/c HML”. Only MICR cheques Admissions Officer or branch offices on or before the validity date. will be accepted.

MARWEL EDUCATIONAL LOANS Marwel Educational Loans are available for all students pursuing the MBA (distance learning) program. Students who wish to avail the educational loans are required to fill in the Application Form for Marwel Educational Loan given on page 31.

26 Payment Schedule (Effective from November 1, 2005)

Payment Plan for MBA program

u Full payment : l By Bank Draft l Through Credit Card (Visa/MasterCard only) u Through Marwel Educational Loan Scheme.

@ n A : Basic amount Rs.53,300 * # n B : Training Classes fee Rs.9,000

n C : Special Placement Scheme fee Rs.3,300

Full Payment (By way of DD/Credit Card) Particulars Option I Option II Option III Option IV ‘A’ Only ‘A+B’ Only ‘A+C’ Only ‘A+B+C’ (Rs) (Rs) (Rs) (Rs) Total Amount 53,300 62,300 56,600 65,600 * Includes admission fee of Rs.500, enrollment fee of Rs.5,000, annual charges for the first 2 years after enrollment and Rs. 500 towards contribution to the Alpha Foundation for supporting free education of underprivileged children. @ A one-time examination fee of Rs.800 for the first group only is included. However, all students have to separately register for examinations by filing Online Examination Registration Form (ERF) before due dates as indicated on page 17. # The payment for Training Classes (optional) for Level I is @ Rs.1500 per subject, for 6 subjects. If the students wish to join the Training Classes subsequently after their enrollment into the program, they are required to pay Rs.10,500 @ Rs.1750 per subject. Through Marwel Educational Loan Particulars Option I Option II Option III Option IV ‘A’ only ‘A+B’only ‘A+C’only ‘A+B+C’ (Rs) (Rs) (Rs) (Rs) a. Initial Payment ++ (by DD/Credit Card) 10,000 10,000 10,000 10,000 b. 12 Equated Monthly Installments (EMIs)* 3,897 4,707 4,194 5,004

++ The Initial Payment should be made by either Demand Draft or Credit Card. Students paying by Demand Draft should enclose the DD for required amount in favour of “ICFAI A/c DLP”, payable at Hyderabad. * Students availing the Marwel Educational Loan Scheme are required to enclose the MICR postdated cheques for the required EMI amount in favour of “Marwel Educational Loans A/c HML”. (for more details please refer pages 31 & 32).

Notes: 1. Students can pay the full payment by way of Demand Draft or the DD for required amount in favour of “ICFAI A/c DLP”, Credit Card (VISA or MasterCard only). The Demand Draft payable at Hyderabad. should be drawn in favour of "ICFAI A/c DLP" and payable at 5. The enrollment in the MBA Program is valid for 7 years. Students Hyderabad. Students making payment through Credit Card are who are unable to complete the MBA Program within this validity required to give the details of the Card, Card Member's Name, period will be required to register denovo by paying the required Card Number, Card Expiry Date, the Amount and Card Member's denovo registration fee. Signature. 6. A one-time examination fee of Rs.800 for the first group is included in the basic amount. For the remaining groups, the examination 2. Special Placement Scheme of Alchemist HR Services fee of Rs.800 per group is to be paid by the students separately Private Limited: Alchemist provides placement to the successful as and when they register for the examinations. An examination students of the distance learning programs of the ICFAI University. fee of Rs.800 is to be paid as and when the students submit the This facility is available only for MS (Finance), MBA and MCA Case Analysis (as required under Group K) to the University. programs. For more details and regulations please refer pages 7. The amount of Rs.1,000 is payable towards membership in the 20 & 34. Students who wish to avail this special placement ICFAI University Alumni Federation and it is mandatory. scheme are required to fill up the enclosed Application Form The membership amount is payable at the time of entering for Alchemist Special Placement Scheme and submit the same Stage III of the program. at the time of enrollment. 8. The payment for E-learning package for the first Stage of the 3. Students availing the Marwel Educational Loan Scheme are MBA Program is included in the total amount. However for the required to fill the Application Form for Marwel Educational second and third Stages, the students have to pay the additional Loan and enclose the MICR postdated cheques for the required amount, which is currently Rs. 2,500 per Stage. amount in favour of “Marwel Educational Loans A/c HML” (for 9. The MBA students are entitled to receive "Effective Executive" more details please refer pages 31 & 32). magazine for a period of 24 months, from the date of enrollment. 4. The Initial Payment should be made by either Demand Draft In addition, all students at Stage III will also receive or Credit Card. Students paying by Demand Draft should enclose “Case Folio” journal for a period of 9 months.

27 10. All students enrolled in the MBA Program are required to pay 16. Overseas Students: annual charges every year, after 2 years from the date of enrollment. a. Students who wish to receive the courseware at their overseas Currently, the annual charge is Rs.1,300. address are required to remit US$200 per level towards overseas courier charges. 11. Attending training classes for Stage I is optional. These classes will be conducted four times a year. Students who wish to attend b. Students who wish to receive the ‘Effective Executive’ magazine and these Training Classes are required to pay a fee of Rs.9,000 for other mailers at their overseas address are required to remit overseas Stage I along with the total amount. mailing charges of US$100 per annum towards the same. 12. Training Classes will be held solely at the discretion of the Institute, c. Students who wish to appear for examinations at any overseas test centers are required to contact the Indian Embassy / High subject to a minimum number of students registering for the same. Commission / Consulate Officials and obtain their consent to In case the Institute decides not to hold such classes, the fee paid supervise the examination. Such students are required to mail by the students towards such classes will be refunded. The students the consent along with the Examination Registration Form and will have no claim for refund of any other fee. the specified examination fee. 13. A contribution of Rs.500 towards the children’s education project The necessary consent from the Indian Embassy / High of the Alpha Foundation is included in the basic amount. The Commission/Consulate Officials for appearing in the Alpha Foundation will issue a separate certificate to claim IT benefits examinations, should be obtained by the student. under section 80G of the Income Tax Act. 17. Internet Payment Gateway 14. All students registering in the MBA Program are required to pay Students can enroll into any program by logging on to www.icfai.org the stipulated payment as per schedule. Wherever students have filing the application form online and making the payment through arrears of payment, they may not be permitted to write the internet. Students can make the payment through the Credit Card examinations or their examination result may not be released and issued by Citibank or the VISA/MasterCard issued by any bank, their pass certificates may not be issued; further such students through Secure Internet Payment Gateway. Students may please will be considered as inactive on the rolls and their names are note that payments relating to annual charges and examinations liable to be removed from the records. will be accepted only through Secure Internet Payment Gateway. 15. The payment schedule given above is subject to change from Andhra Bank issues, on request, the ICFAI University - Andhra time to time. Students will be informed of the payment revisions Bank co-branded credit cards to all the enrolled students of the through the student supplement, students regulations, etc. University, to facilitate online payments.

Legal Aspects The prospective students are advised to read the following legal aspects ICFAI shall not be liable to the students for punitive, exemplary, special, and understand them clearly. indirect, or consequential damages, including, without limitation, lost profits. Enrollment Agreement : The "Application for Admission" is the Enrollment Agreement (hereinafter referred to as the Agreement) Assignment : The students cannot assign this Agreement nor any between the applicant and The Institute of Chartered Fianancial Analysts part thereof. ICFAI may, without necessity of the students' consent, of India (hereinafter referred to as ICFAI). assign its rights and obligations under this Agreement to a successor organization. Entire Agreement : This Agreement constitutes and expresses Force Majeure : ICFAI shall not be liable for delay or failure in the entire agreement and understanding between ICFAI and the students performance of any of its obligations under the Agreement when such of ICFAI in reference to all matters herein referred to, all previous delay or failure arises from events or circumstances beyond the reasonable discussions, promises, representations, and understandings relative control of ICFAI (including, without limitation, acts of God, fire, thereto, if any, had between the parties hereto, being herein merged. flood, war, explosion, sabotage, terrorism, embargo, civil commotion, Interpretation : The masculine, feminine or neuter gender and acts or omissions of any government entity, supplier delays, the singular or plural number shall be deemed to include the other communications or power failure, equipment or software malfunction, gender or numbers where the context so indicates or requires. Unless or labor disputes). otherwise expressly provided, references to days, months or years are Indemnity : A student agrees to indemnify, defend and hold ICFAI to calendar days, months or years. Person or persons include individuals, harmless from and against any and all loss, damage, liability and expense partnerships, corporations, government agencies or other entities. (including reasonable attorneys' fees and costs) arising out of any Section headings are included for convenience only and are not to third party claim, action or proceeding based directly or indirectly be used to construe or Interpret this Agreement. on the acts of omission or commission by the member or his/her No Third Party Beneficiaries : Enrollment of any student in agents, the breach or alleged breach or failure to comply with any the MBA Program, shall not entitle any person (including, without applicable laws or regulations, concerning the practice of profession limitation, members) to any rights as third party beneficiary. of management. No Obligation to Services, etc. : ICFAI has no obligation Applicable Law : The Agreement shall be deemed to have been to render any services to the student members beyond period of validity made in Hyderabad in the State of Andhra Pradesh, India and shall after the date of enrollment. To clarify further, no obligation of ICFAI be construed and enforced in accordance with and the validity and shall survive beyond period of validity after the date of enrollment. performance hereof shall be governed by the laws of the State of Andhra Pradesh, India without reference to principles of conflict of laws thereof. Limitation of Liability : The liability of ICFAI towards the students Judicial proceedings regarding any matter arising under the terms of the is limited only to the extent of the fee paid by them. To clarify further, Agreement shall be brought in the relevant courts of Hyderabad, India.

28 This Application is valid up to Application No. WE 1105MBA -

Ref No. : HQ: Center : For Office Use only ä AG : FME: The ICFAI Center for Distance Education 52, Nagarjuna Hills, Punjagutta, Hyderabad 500082. Tel : 040-23435368 - 74. Fax : 040-2335-2521. Email: [email protected] Website: www.icfai.org The MBA Program (Distance Learning) Application for Admission (Read carefully all the pages of this Document including Admission Policies, Guidelines, Payment Schedule, Notes thereon, Disclosure and Legal aspects before filling this Application Form) 1. PERSONAL DETAILS (Use Capitals Only)

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

Mailing Address ______

______

______City State Pin ------Email* (a) Phone No. (O)

CUT HERE STD Code 1st Number 2nd Number Paste a recent color photograph of size (b) Fax No. (d) Mobile No. 3.5 x 4.5 cms. Photograph must not be larger than this box. Do not sign the (c) Phone No. (R) Date of Birth Photograph STD Code Number Date Month Year and do not staple

Parent’s/Spouse’s Name Mr./Ms. ______

* As ICFAI branch offices are fully computerized, all applicants are strongly advised to give E-mail address and Mobile number for speedy communication.

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

XII Class

Bachelor’s Degree

Master’s Degree

Professional

Others

3. SUBJECT-WISE WAIVERS (see page 7) (please submit photocopies of relevant certificates to support your request for the waivers) Subject Basis of Waiver

29 ------4. CURRENT EMPLOYMENT DETAILS

Organization ______

Address ______

Nature of Business ______

Date of Joining ______Present Designation ______

Nature of your work ______

5. PAYMENT : Please tick ( 3 ) o Full Payment : Rs...... o Initial Payment Rs.10,000 (Please refer to page 27 for the exact amount)

i. Remittance through Demand Draft (DD should be drawn in favour of 'ICFAI A/c DLP', payable at Hyderabad)

DD Details : Name of Bank : DD No.: Date : Amount Rs......

ii. Remittance through Credit Card

I authorize ICFAI to charge my credit card towards the Payment of Rs......

Name of the Card o VISA o MasterCard Date : / / DD MM YYYY

Card Number

Card Member’s Name : ______Card Expiry Date ______

Amount to be charged : Rs...... Card Member’s Signature______

6. Special Placement Scheme offered by Alchemist HR Services Private Limited. Please tick ( 3 ) if you are registering for the Special Placement Scheme

¨ Yes, I would like to register with Alchemist for the Special Placement Scheme. Please transfer Rs.3,300 towards the same to Alchemist out of the total amount paid by me.

7. CREDIT CARD : Please tick (if necessary) to facilitate your payments online.

¨ Yes, I would like to have ICFAI University - Andhra Bank co-branded credit card. Please send me the necessary Application Form.

8. DECLARATION I have carefully read the academic and administrative rules and regulations of ICFAI as given in this Document and Application Material and agree to abide by the same. I understand that these rules are only indicative 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 ICFAI Student Regulations. I also understand that ICFAI reserves the right to change/modify the rules and regulations from time to time and I agree to abide by the same. I understand that in case I withdraw from the program I will not be entitled to claim any refund of amount paid to ICFAI. I authorize ICFAI to charge my credit card towards the payment as per my authorization given in this Application Form. I agree to settle the loan amount with interest (if availed) directly with Hifco Marwel Limited as per the Marwel Educational Loan Scheme. 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 of ICFAI including “Disclosure” (page 2), "Legal Aspects" (page 28), and my financial responsibilities (page 27-28).

Place : Date : Signature of the Student (Sign with black ink within the box)

The students are advised to retain a photocopy of the completed Application Form for their records. The relevant enclosures and forms should be enclosed along with the required payments.

30 MARWEL Marwel Educational Loans (A Division of Hifco Marwel Limited) Regd. Office: 104, Nirmal Towers, Dwarakapuri Colony, Punjagutta, Hyderabad - 500 082. Ph: 040-55105762, Fax: 040-55255761, E-mail: [email protected] Application Form for Marwel Educational Loan [Under Marwel (Educational Loan Scheme) Regulations, 2005] Please read the Regulations furnished overleaf carefully before filling the application form Dear Sir, Kindly sanction me a loan of Rs...... (in words Rupees ...... only) for the MBA program fee. I agree to abide by the Marwel (Educational Loan Scheme) Regulations, 2005 and repay the loan with interest. I am giving below the necessary details: 1. PERSONAL DETAILS

- Name : Mr/Ms ______(Use capitals) (As it appears in Official Records, Underline Surname) Parent’s/Spouse’s Name : Mr/Ms ______Paste a recent color photograph of size Mailing Address______(Use capitals) (House Number) (Street) 3.5 x 4.5 cms. ______Photograph must not be (City) (State) (Pin) larger than this box. Nearest Landmark (Near/Adj./Opp/Behind):______Do not sign the (to facilitate easy and quick delivery of mail) Photograph Tel. (Off.)______(Res.)______and do not staple (City Code) – (Area Code) – Number (City Code) – (Area Code) - Number Fax:______Mobile : ______(City Code) – (Area Code) – Number Email*:______Date of Birth: Date Month Year * All applicants are mandatorily required to give e-mail address for speedy communication. 2. Equated Monthly Installments (EMIs) 2A. (Please tick ( ✓ ) the appropriate EMI amount) o Rs.3,897 o Rs.4,707 o Rs.4,194 o Rs.5,004 2B. Twelve postdated cheques of Rs. ______each (A/c payee postdated cheques drawn in favour of “Marwel Educational Loans A/c HML” should be enclosed) On the back of each postdated cheque, the name of the student 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 will be accepted. Only MICR cheques will be accepted. Sl. No. Cheque Number Cheque Date Sl. No. Cheque Number Cheque Date DD/ MM/YYYY DD/ MM/YYYY 1. 01/ 7. 01/ 2. 01/ 8. 01/ 3. 01/ 9. 01/ 4. 01/ 10. 01/

- Cut here -- 5. 01/ 11. 01/ 6. 01/ 12. 01/ 2C. The postdated cheques enclosed are signed by [Please tick (3)] o Me o Other person (If in case of other person, please fill item no. 2D given below) 2D. DECLARATION BY THE OTHER PERSON (to be filled in by the person, in case the postdated cheques are signed by other person than the Applicant in connection with this Application Form) I here by confirm that I have signed the postdated cheques towards the repayment of educational loan in relation to this Application Form. I undertake not to countermand these cheques and also to honor all these cheques on due dates. I am over 21. I understand and am aware of my liability as a co-borrower for the educational loan to the applicant. My details are as under. Name : Mr/Ms ______(Use capitals) (As it appears in Official Records, Underline Surname) 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

______Place : Date : Signature of the person signing the cheques as a co-borrower 3. DECLARATION BY THE APPLICANT I have carefully read and understood the Marwel (Educational Loan Scheme) Regulations, 2005 and agree to abide by the same. I agree to complete the entire documentation work (including the personal guarantors) as stipulated in the Regulations. I also understand that the Hifco Marwel Limited reserves the right to change/modify the rules and regulations from time to time and I agree to abide by the same. I agree to honor all the postdated cheques enclosed by me towards the repayment of the loan along with interest towards Marwel Educational Loan Scheme. I agree that I will settle the loan amount including the interest with Hifco Marwel Limited. I also understand that the jurisdiction for all disputes (if any) relating to the Hifco Marwel Limited is Hyderabad. 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 agreed to the Regulations.

Place: Date: Signature of the Applicant The students are advised to retain a photocopy of the completed Application Form and Regulations for their records. - 31 Marwel (Educational Loan Scheme) Regulations, 2005 In pursuance of the powers vested in the Board of Directors by the Articles of Association of the Hifco Marwel Limited, the Board of Directors approved the Marwel (Educational Loan Scheme) Regulations, 2005. H. 0501. Applicability H. 0506. These Regulations shall become applicable with effect from April 01, 2005. (1) The lender may ask the borrower to arrange for two persons of standing to give personal guarantee for H. 0502. Definitions repayment of the loan by the borrower. For the purpose of these Regulations, the following terms shall have the meanings assigned to them unless (2) The borrower shall arrange for the guarantors, complete and submit the required documents within thirty the context is repugnant to such a meaning. days of the Agreement. (1) “Agreement” shall mean the application for loan under the Regulations made by the borrower to the (3) The borrower shall complete all the prescribed documentation work, including execution of a Demand lender. The Agreement constitutes and expresses the entire Agreement and understanding between the Promissory Note, submission of a form for verification of borrower’s signature by a banker, a form for lender and the borrower in reference to all matters herein referred to, all previous discussions, promises, verification of coborrower’s signature by a banker and two forms for verification of two guarantors’ representations, and understandings relative thereto, if any, had between the parties hereto, being herein signatures by a banker relating to the loan under the scheme within thirty days of the Agreement. merged. (4) The borrower, the coborrower and the guarantors shall undertake to inform the lender of any changes (2) “Borrower” shall mean the student of the University including the applicant for any of the distance in details provided in the Application Form, including but not limited to, change of address, telephone/ learning programs offered by the University, being an Indian citizen and also domiciled in India, who has fax numbers, e-mail ID, as long as the loan is outstanding in the books of the lender. availed the loan facility of the lender and shall also include the signatories of PDCs. The borrower shall H. 0507. also include the parent or the guardian of the borrower signing the loan application form, the coborrower (1) The borrower and the coborrower shall make necessary arrangements to honor the PDCs on due dates. as defined in Regulation H. 0502 (3) and the guarantor as defined under the Regulation H. 0502 (5). (2) The borrower and the coborrower shall not obstruct in any manner the honoring of the PDCs on due dates. (3) “Coborrower” shall mean the person other than the borrower signing the postdated cheques (PDCs). (3) In case of prepayment of loan, the lender does not levy any penalty. On full payment of the outstanding (4) “EMI” shall mean the equated monthly installment, as stipulated under the Regulation H. 0505 (1). loan amount including interest and other charges, if any, the loan account will be closed. (5) “Guarantor” shall mean the person who has given personal guarantee on behalf of the borrower for H. 0508. repayment of the loan by the borrower. (1) In the event of dishonor of one or more PDCs, the lender reserves the right to foreclose the loan account, (6) “ICFAI” shall mean the Institute of Chartered Financial Analysts of India, a non-profit society under the to recall the entire loan amount outstanding and to prosecute the borrower and the coborrower under Andhra Pradesh (Telangana Area) Public Societies Act, 1350F (Act 1 of 1350F) and includes all Section 138 of the Negotiable Instruments Act, 1881 and also to take legal and other actions as may successor organizations and organizations sponsored and established by ICFAI. be necessary for the recovery of the entire balance of loan outstanding with further interest of 18% per (7) “Lender” shall mean Hifco Marwel Limited, a company registered under the Companies Act, 1956 and annum and also to initiate legal proceedings against the guarantor for the recovery of the balance of loan shall include all successor organizations. including interest and further charges, if any. (8) “PDC” shall mean the postdated cheques issued by the borrower in favor of the lender on any scheduled (2) In addition, the dishonor of PDCs attracts a penalty of Rs.250 per PDC. commercial bank located in specified cities. (3) In case of payments by the borrower relating to defaults, the lender accepts payments only by way of (9) “Regulations” shall mean the Marwel (Educational Loan Scheme) Regulations, 2005 and includes all demand drafts. No cash payments are accepted. amendments thereto. (4) None of the employees of the lender is authorized to accept cash payments from the borrower. (10) “Scheme” shall mean the educational loan scheme as per the Regulations. (5) None of the employees of the lender is authorized to make a settlement or compromise with any (11) “Specified cities” shall mean the cities specified under the Regulation H. 0505 (3). borrower. (12) “University” shall mean the ICFAI University, which represents the multi-state network of Universities H. 0509. The borrower cannot assign the Agreement or any part thereof. The lender may, without necessity sponsored by ICFAI, in different States in India under respective legislations. Each University in the of the borrower’s consent, assign its rights and obligations under the Agreement to a Third party. network may have a separate name and has independent legal status. H. 0510. The borrower shall indemnify, defend and hold the lender harmless from and against any loss, H. 0503. The borrowers interested in the scheme shall apply to the lender and such application shall be treated damage, liability and expense (including reasonable attorney’s fees and costs) arising out of any third party as the Agreement. The Agreement constitutes and expresses the entire Agreement and understanding between claim, action or proceeding based directly or indirectly on the acts of omission or commission by the borrower the lender and the borrower in reference to all matters herein referred to, all previous discussions, promises, or his/her agents, the breach or alleged breach or failure to comply with any applicable laws or regulations, representations, and understandings relative thereto, if any, had between the parties hereto, being herein concerning the professional work or arising out of the loan being given to the borrower. merged. H. 0511. H. 0504. (1) The responsibility of the lender towards the borrower is limited only to the extent of the loan sanctioned (1) The lender may consider the application and grant the loan to the borrower under the scheme, subject and the payment directly made to the University on behalf of the borrower under Regulation H.0504. To to necessary conditions. clarify further there will be no future obligation of the lender towards the borrower. (2) The loan amount shall be paid by the lender directly to the University on behalf of the borrower under (2) Neither the directors nor the employees of the lender are personally liable in any manner under the the scheme. To clarify further, no loan amount shall be paid by the lender to the borrower directly under scheme to the borrower, the coborrower and the guarantors. any circumstances. H. 0512. After the loan application is approved, the lender pays, on behalf of the borrower, the loan amount to the H. 0505 University. To clarify further the lender does not pay any part of the loan to the borrower directly. (1) (a) The borrower shall pay a sum of Rs. 90 for every Rs.1,000 loan amount towards EMI for a period H. 0513. The lender shall not be liable for delay or failure in performance of any of its obligations under the of 12 months, if he/she enrolls into the MS or MBA or MCA Programs of the University. Agreement when such delay or failure arises from events or circumstances beyond the reasonable control of (b) The borrower shall pay a sum of Rs.175 for every Rs.1,000 loan amount towards EMI for a period the lender (including, without limitation, acts of God, fire, flood, war, explosion, sabotage, terrorism, embargo, of 6 months, if he/she enrolls into the Postgraduate Diploma Programs and specified Undergraduate civil commotion, acts or omissions of any government entity, changes in Regulations of Central/State Degree Programs of the University. Governments, supplier delays, communications or power failure, equipment or software malfunction, or (2) (a) The borrower shall issue the necessary number of PDCs towards EMI to fully repay the loan employees/student disputes, strikes, court decisions, bankruptcy, liquidation). amount along with interest and other charges including service tax, wherever applicable. The H. 0514. PDCs are payable on the first day of every month depending on the date of Agreement, as given below: (1) The lender, the ICFAI and the University are separate and independent legal entities. ICFAI and the (b) If a borrower enrolls into the program of the University between 1st and 15th of a month, the monthly University are not parties to this agreement, and hence cannot be held responsible directly or indirectly installments are payable by such a borrower from 1st of the immediate next month onwards. For for any acts of commission or omission by the lender or by the borrower. Similarly the lender cannot be example, if a borrower enrolls between May 01 and 15, the monthly installments will be payable held responsible directly or indirectly for any acts of commission or omission by ICFAI and/or the by such borrower from June 1st onwards. University. (c) If a borrower enrolls into the program of the University between 16th and 30th/ 31st of a month, the (2) The borrower and the coborrower shall continue to honor the PDCs whether the borrower continues to monthly installments are payable by such a borrower from 1st of the next to next month onwards. be a student of the University or not, for any reason whatsoever. To clarify further, the legal liability of For example, if a borrower enrolls between May 16 and 31, the monthly installments will be the borrower and the coborrower to repay the loan amount is independent of the status of the borrower payable by such borrower from July 1st onwards. as a student of the University. (3) The PDCs should be drawn on scheduled commercial banks located in the cities specified below and (3) As per the bilateral agreement between the University and the lender, the University shall suspend all also all the places where ICFAI branches are currently located: Agartala, Agra, Ahmedabad, services to the borrower if the borrower does not complete all the loan documentation work, as specified Ahmednagar, Ajmer, Aligarh, Allahabad, Alwar, Ambala, Ambernath, Amravati, Amritsar, in Regulation H.0506, and/or if any of the PDCs issued by the borrower is dishonored, whatever may Anand, Anantapur, Ankleshwar, Aurangabad, Bangalore, Bareilly, Barrackpore, Belgaum, be the reason; and the University will resume the normal service to the borrower only after a no objection Bellary, Berhampur, Bhatinda, Bhavnagar, Bhilai, Bhilwara, Bhimavaram, Bhopal, certificate is issued by the lender. Bhubaneswar, Bidar, Bijapur, Bikaner, Bilaspur, Bokaro, Calicut, Chandigarh, Chennai, (4) Any inadequacy or failure and alleged inadequacy or failure in service by ICFAI or by the University shall Chittoor, Coimbatore, Cuttack, Davangere, Dehradun, Dharmashala, Dharwad, Durg, not be the basis for the borrower or the coborrower or the guarantor for dishonor of any PDCs covered Durgapur, Ernakulam, Faridabad, Gandhidham, Gandhinagar, Gangtok, Ghaziabad, Goa, under this agreement. Gorakhpur, Gulbarga, Guntur, Gurgaon, Guwahati, Gwalior, Haldwani, Hissar, Howrah, Hubli, H. 0515. Sanction of loan to any borrower shall not entitle any other person to any rights as a third party Hyderabad, Indore, Jabalpur, Jaipur, Jajpur, Jalandhar, Jalgaon, Jammu, Jamnagar, beneficiary. Jamshedpur, Jhansi, Jodhpur, Kakinada, Kalyan, Kannur, Kanpur, Karnal, Khammam, Kharagpur, Kochi, Kolhapur, Kollam, Kolkata, Kota, Kotayam, Kozhikode, Kurnool, H. 0516. In case of any difficulty in interpretation of any clauses under these regulations the Board of Directors Kuruksetra, Lucknow, Ludhiana, Madurai, Mangalore, Meerut, Moradabad, Mumbai, Mysore, of the lender reserves the right to issue necessary clarifications which shall be binding on the borrower, the Nagpur, Nainital, Nasik, Nellore, New Delhi, Nizamabad, Noida, Ongole, Palakkad, Panjim, coborrower and the guarantors. Paradeep, Patna, Patiala, 24 Paraganas, Pinjore, Pondicherry, Pune, Puri, Raipur, H. 0517. The lender reserves the right to revise, modify, alter, and change the Regulations from time to time Rajahmundry, Ratnagiri, Rajkot, Ramachandrapuram, Ranchi, Rohtak, Rourkela, Sagar, and such changes shall be binding on the borrower, the coborrower and the guarantors. Salem, Sangali, Sambalpur, Secunderabad, Shimoga, Sholapur, Siliguri, Simla, Sonepat, H. 0518. The Agreement shall be deemed to have been made in Hyderabad in the State of Andhra Pradesh, Sri Ganga Nagar, Surat, Tanjavur, Thane, Thrissur, Thiruvananthapuram, Tiruchirapalli, India and shall be construed and enforced in accordance with and the validity and performance hereof shall Tirupati, Tumkur, Udaipur, Udupi, Ujjain, Vadodara, Vallab Vidyanagar, Varanasi, Vellore, be governed by the laws of the State of Andhra Pradesh, India without reference to principles of conflict of laws Vijayawada, Visakhapatnam, Vizianagaram, Warangal, Yamuna Nagar. thereof. Judicial proceedings against the lender regarding any matter arising under the terms of the Agreement (4) To clarify further, if any borrower or coborrower issues PDCs drawn on any bank like a co-operative bank shall be brought only in the relevant Courts of Hyderabad, India and not elsewhere. The lender, however, or a regional rural bank, etc., or issues on scheduled commercial banks located in cities other than the reserves the right to sue the borrower, the coborrower and the guarantors in Hyderabad and elsewhere, specified cities indicated in H. 0505 (3) above, such PDCs will not be accepted. depending on the circumstances. (1005)

32 Alchemist HR Services (P) Limited # 101, 1st Floor, Olbee Centre, Rajbhavan Road, Somajiguda, Hyderabad – 500 082. Ph: 23435365/66, e-mail: [email protected], Website: www.alchemistindia.org Application Form for Registration in Special Placement Scheme [under Alchemist (Special Placement Scheme) Regulations, 2005] Please read the Regulations furnished overleaf carefully before filling in the application. Dear Sir, - I wish to register under Special Placement Scheme of Alchemist HR Services (P) Limited. I agree to abide by the Alchemist (Special Placement Scheme) Regulations, 2005. I am giving below the necessary details:

1. PERSONAL DETAILS Name : Mr/Ms ______(Use capitals) (As it appears in Official Records, Underline Surname) Paste a recent color Parent’s/Spouse’s Name : Mr/Ms ______photograph of size 3.5 x 4.5 cms. Mailing Address______Photograph must not be (Use capitals) (House Number) (Street) larger than this box. Do not sign the ______Photograph (City) (State) (Pin) and do not staple Nearest Landmark (Near/Adj./Opp/Behind):______(to facilitate easy and quick delivery of mail) Tel. (Off.)______(Res.)______(City Code) – (Area Code) – Number (City Code) – (Area Code) - Number

Fax:______Mobile : ______(City Code) – (Area Code) – Number Email*:______Date of Birth: Date / Month / Year * All applicants are mandatorily required to give e-mail address for speedy communication.

2. Program: MBA Program - Cut here -- 3. ACADEMIC RECORD Examination Level Qualification Board / University / Institute Medium of Instruction (%) / Grade Year of Passing XII Class Bachelor’s Degree Master’s Degree Professional Others

4. DECLARATION I have carefully read and understood the Alchemist (Special Placement Scheme) Regulations, 2005 and agree to abide by the same. I also understand that the Alchemist HR Services Private Limited reserves the right to change/modify the rules and regulations from time to time and I agree to abide by the same. I understand that the jurisdiction for all disputes (if any) relating to the Alchemist HR Services Private Limited is Hyderabad. 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 of the service provider.

______Place: Date : Signature of the Applicant

The students are advised to retain a photocopy of the completed Application Form and Regulations for their records. - 33 Alchemist (Special Placement Scheme) Regulations, 2005 In pursuance of the powers vested in the Board of Directors by the Articles of Association of the Alchemist HR Services Private Limited, the Board of Directors approved Alchemist (Special Placement Scheme) Regulations, 2005. A. 0501. These regulations shall come into force and be applicable with effect from A. 0507. Registration of any eligible student under the scheme shall not entitle any April 01, 2005 and shall remain in force along with changes and amendments made person to any rights as a third party beneficiary. from time to time, until notified otherwise. A. 0508. (1) The registered student shall make an application in the prescribed form to A. 0502. For the purpose of these Regulations, the following terms shall have the the service provider within thirty days from the specified date. (2) The service meanings assigned to them unless the context is repugnant to such a meaning. provider agrees to provide placement assistance to the registered students within (1) “Agreement” shall mean the application for registration under the Regulations three months from the receipt of completed application from the registered student. made by the eligible student to the service provider. The Agreement constitutes A. 0509. The placement under the scheme can be provided by the service provider and expresses the entire Agreement and understanding between the service anywhere in India and/or abroad with private sector, public sector, government and provider and the registered students in reference to all matters herein referred to, quasi-government organizations, non-government organizations and others including all previous discussions, promises, representations, and understandings relative ICFAI. thereto, if any, had between the parties hereto, being herein merged. A. 0510. The placement under the scheme will carry a minimum compensation of (2) “CTC” shall mean salary, benefits, amenities, incentives, allowances, Rs.20,000 per month on CTC basis for a minimum period of 12 months. reimbursements, bonuses, and all such payments or expenses reimbursed by A. 0511. All obligations of the service provider under the scheme will cease if the the employer or incurred by the employer for the benefit of the employee registered student does not complete the specified program during the validity period, including all those benefits covered under the Fringe Benefits Tax, as per the or fails to comply with conditions specified by the service provider or the registered Finance Act, 2005 on a cost-to-company basis. student fails to apply to the service provider within thirty days from the specified date (3) “Effective date” shall mean the date on which the service provider confirms the in the prescribed application form and/or declines the offer of employment, and/or does registration to the eligible student under the scheme. not report for duty as per the appointment letter, and/or leaves the job within 12 months (4) “Eligible student” shall mean student in India and of Indian origin and domiciled and/or the employment is terminated by the employer on disciplinary grounds and/or in India duly enrolled for the prescribed program of the University on or after other reasons. April 01, 2005. The term also includes the applicants for the prescribed program A. 0512. (1) The prescribed fee is Rs.3,300 and shall be payable by all eligible of the University. students opting for the scheme. (2) The fee paid by the eligible student to the service (5) “ICFAI” shall mean The Institute of Chartered Financial Analysts of India, a non- provider towards the registration will be neither refunded nor adjusted in any manner, profit society registered under the Andhra Pradesh (Telangana Area) Public except when the agreement is not confirmed by the service provider. Societies Registration Act 1350F (Act 1 of 1350F) and includes all organizations A. 0513. The service provider has no obligation to render any services to the sponsored and established by ICFAI in India and abroad. registered students beyond the validity period. To clarify further no obligation shall (6) “Prescribed fee” shall mean the fee prescribed by the service provider for survive on the service provider beyond the validity period. registration of eligible students under the scheme as per the Agreement. The fee A. 0514. The registered student who could not complete the specified program during shall include service tax, wherever applicable. This does not include the the validity period may register de novo with the service provider subject to such `additional fee’ as indicated in the Regulation 0506 (3). terms and conditions as may be specified by the service provider. (7) “Approved program” shall mean a program offered by the University on a A. 0515. (1) The liability of the service provider towards the registered students is distance learning basis and approved by the service provider under the limited only to the extent of the fee paid by them. To clarify further, the service provider Regulations. shall not be liable to the registered students for punitive, exemplary, special, indirect, (8) “Program completion certificate” shall mean a certificate, by whatever name or consequential damages, including, without limitation, lost profits. (2) Neither the called, issued by the University to the eligible students on completion of all the employees nor the directors of the service provider are personally liable in any prescribed requirements including fee, study and examinations for the approved manner to the registered students with regard to the scheme. program. A. 0516. The registered student cannot assign this agreement or any part of thereof. (9) “Registered student” shall mean the eligible student who is duly registered with The service provider may, without necessity of the registered student’s consent, the service provider under the scheme and paid the prescribed fee. assign its rights and obligations under this agreement to a successor organization. (10) “Regulations” shall mean the Alchemist (Special Placement Scheme) Regulations, A. 0517. The service provider shall not be liable for any delay or failure in performance 2005. of any of its obligations under the agreement when such delay or failure arises from (11) “Scheme” shall mean the Special Placement Scheme 2005 offered by the events or circumstances beyond the reasonable control of the service provider service provider under these Regulations. (including, without limitation, acts of God, fire, flood, war, explosion, sabotage, terrorism, embargo, civil commotion, acts or omissions of any government entity, bankruptcy, (12) “Service provider” shall mean Alchemist HR Services Private Limited, a liquidation, supplier delays, communications or power failure, equipment or software company incorporated under the Companies Act, 1956 with registered office at malfunction, or labor disputes or regulatory and legislative changes, or court decisions). Hyderabad and shall include all successor organizations. A. 0518. The registered student agrees to indemnify, defend and hold the service (13) “Specified date” shall mean the date on which the program completion certificate provider harmless from and against any loss, damage, liability and expense (including is issued to the eligible student by the University. reasonable attorneys’ fees and costs) arising out of any third party claim, action or (14) “The University” shall mean the ICFAI University which represents the multi- proceeding based directly or indirectly on the acts of omission or commission by him/ state network of Universities sponsored by the Institute of Chartered Financial her or his/her agents, the breach or alleged breach or failure to comply with any Analysts of India, in different states in India under respective legislations. Each applicable laws or regulations. University in the network is a separate and independent legal entity. A. 0519. The service provider reserves the right to revise, modify, alter, and change (15) “Validity Period” shall mean a duration of 48 months from the effective date. the Regulations from time to time and such changes shall be binding on the registered During which the eligible student is entitled to the benefits under the scheme. student. A.0503. The scheme is available only for the benefit of the registered students on A. 0520. The service provider, ICFAI and the University are separate and independent optional basis. To clarify further, the eligible students are free to apply or not to apply legal entities. ICFAI and the University are not parties to this agreement, and hence for the scheme. cannot be held responsible directly or indirectly for any acts of commission or A.0504. The approved programs are MS (Finance), MBA and MCA offered on a omission by the service provider or by the employees and the directors of the service distance learning basis by the University. provider. A. 0505. The registered students are entitled for the placement assistance under the A. 0521. In case of any difficulty in interpretation of any clauses under these Regulations scheme during the validity period. the Board of Directors of the service provider reserves the right to issue necessary A. 0506. (1) Registration under the scheme comes into effect only when the service clarifications and they shall be binding on the registered students. provider confirms the agreement, subject to conditions, if any. (2) The conditions A. 0522. The agreement shall be deemed to have been made in Hyderabad in the referred above may include without limitation psychometric tests, skill development in State of Andhra Pradesh, India and shall be construed and enforced in accordance specified areas, group discussions, personal interviews, internships, and others. (3) with and the validity and performance hereof shall be governed by the laws of the Complying with these and other conditions wherever specified by the service provider State of Andhra Pradesh, India without reference to principles of conflict of laws thereof. may entail payment of additional fee, over and above the fee paid at the time of Judicial proceedings regarding any matter arising under the terms of the agreement registration. shall be brought only in the relevant courts of Hyderabad, India and not elsewhere. (0905) 34