mba+cfaprospectus dual degree program

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The MBA-CFA Dual Degree Program (360 0 Flexi-mode) The Institute of Chartered Financial Analysts of India University, Tripura University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar-799210, Tripura (West). Website: www.iutripura.edu.in

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Page 1: MBA+CFAProspectus Dual Degree Program

TheMBA-CFA

Dual Degree Program(3600 Flexi-mode)

The Institute of Chartered Financial Analysts of India University, TripuraUniversity Campus, Agartala-Simna Road, P.O. Kamalghat Sadar-799210, Tripura (West).

Website: www.iutripura.edu.in

Page 2: MBA+CFAProspectus Dual Degree Program

Contents

Global Network ---------------------------------------------------------------------------------------------------------3

The Institute of Chartered Financial Analysts of India University, Tripura ---------------------4

The MBA-CFA Dual Degree Program --------------------------------------------------------------------------5

The Program Structure ----------------------------------------------------------------------------------------------8

Examinations -------------------------------------------------------------------------------------------------------------9

Courseware and E-Learning Package --------------------------------------------------------------------------12

Web Services 24x7 -------------------------------------------------------------------------------------------------13

Training Classes ------------------------------------------------------------------------------------------------------14

Internship Program --------------------------------------------------------------------------------------------------15

Special Placement Scheme ----------------------------------------------------------------------------------------16

Alumni Bodies ---------------------------------------------------------------------------------------------------------17

Admission Policies and Guidelines to Complete the Application Form -------------------------18

Fee Schedule -----------------------------------------------------------------------------------------------------------20

Application Form for Enrollment ------------------------------------------------------------------------------23

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Global Network

Syracuse University, USA: Syracuse University is located inSyracuse, NY, United States. Founded as a seminary in 1832,the University was officially chartered in 1870. SyracuseUniversity’s professional schools rank among the best in theirrespective fields in the United States. IBS® has a collaborativearrangement for research scholars with the Martin J WhitmanSchool of Management, Syracuse University.

Recognizing the globalization imperative, the ICFAI University has established a close networking relationshipwith leading institutions and professional bodies around the world.

Association of Asia Pacific Business Schools, Korea: AAPBSwas established in October 2004, with a mission to provideleadership and representation in order to advance the qualityof business and management education in the Asia Pacific Region.The Association will accomplish its mission by collaboratingin research and teaching, and working in partnership to improvebusiness school standards and quality. AAPBS and its membersare striving to understand and develop a solid paradigm foran Asian Management education model with a global context.IBS® is a member of AAPBS.

The Association to Advance Collegiate Schools ofBusiness, USA, International: AACSB is the professionalassociation for college and university management educationand the premier accrediting agency for Bachelor’s, Master’s,and Doctoral degree programs in business administration andaccounting. IBS® is a member of AACSB International, whichconnects it to the global network of educational institutions,corporate and non-profit organizations.

Monash University, Australia: Monash University wasestablished in Melbourne, Australia, in 1958. It is a memberof the prestigious Group of Eight Universities and has emergedas a large and dynamic research and teaching institution, witha global reputation. IBS® has entered into a collaborativeagreement with Monash University for mutual benefit.

University of South Australia: UniSA was founded onJanuary 1, 1991. Since then, it has earned a reputation as anational leader in collaborative research, has been recognizednationally for innovation in teaching and has South Australia'slargest intake of international students. UniSA is committedto educating professionals; creating and applying knowledge;engaging communities; maintaining cultural diversity amongstits staff and students; and providing equitable access to educationfor greater numbers of people. The ICFAI University has enteredinto a collaborative arrangement with UniSA.

Asian Securities Analysts Federation, Sydney, Australia:ASAF was founded in 1979 to promote the interests of theinvestment community of Asia and Oceania and to encourageand assist in the development of the profession of securitiesanalysts. The ICFAI University represents India in the ASAF.ASAF and the European Federation of Financial Analysts Societies(EFFAS) have promoted the Association of Certified InternationalInvestment Analysts (ACIIA).

MONASH UNIVERSITY,AUSTRALIA

SYRACUSE UNIVERSITY,USA

ASSOCIATION OF ASIAPACIFIC BUSINESSSCHOOLS (AAPBS),KOREA

UNIVERSITY OFSOUTH AUSTRALIAUniSA

THE ASSOCIATION TOADVANCE COLLEGIATESCHOOLS OF BUSINESS,USA

ASIAN SECURITIESANALYSTS FEDERATION,AUSTRALIA

European Foundation for Management Development,Belgium: Founded in 1972 at Brussels, Belgium, EFMD is anot-for-profit association of management education providersand leading companies. EFMD designed an international systemof strategic audit and accreditation, called European QualityImprovement System (EQUIS). IBS® is a member of EFMD.

The Association of Commonwealth Universities (ACU),UK: Established in 1913, the ACU is the oldest inter-universitynetwork in the world. ACU combines the expertise andreputation of over ninety years’ experience with new andinnovative program designed to meet the needs of universitiesin the 21st century. Around 500 members are spread acrossfive continents. The ICFAI University is a member of the ACU.

THE ASSOCIATION OFCOMMONWEALTHUNIVERSITIES, UK

EUROPEAN FOUNDATION FORMANAGEMENT DEVELOPMENT,BELGIUM

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The Institute of Chartered FinancialAnalysts of India University, Tripura

The Institute of Chartered Financial Analystsof India University, Tripura (referred tohereafter as the University) was establishedin 2004 through an Act of State Legislature(Tripura Act 8 of 2004). The University hasbeen approved by the University GrantsCommission, under Section 2(f) of the UGCAct, 1956. The Distance Education Council(DEC) has approved the programs of theICFAI University, Tripura.

The University believes in creating anddisseminating knowledge and skills in coreand frontier areas through innovativeeducational programs, research, consultingand publishing, and developing a new cadreof citizens with a high level of competenceand deep sense of ethics and commitmentto the code of professional conduct.

The Visitor of the University is H.E. TheGovernor of Tripura. The University isadministered as per the Act, Statutes andRules. The Board of Governors is headed bythe Chancellor and has Vice-Chancellorand others as members. The Board ofManagement is headed by theVice-Chancellor. The Academic Council isresponsible for all academic matters.

The University campus, based at Agartala,is sprawling, landscaped and lush green. Itprovides a congenial environment foreducation and learning. It has well-equippedphysical and academic infrastructure. TheUniversity has no study centers outside itsauthorized jurisdiction.

The University offers Bachelor, Master, andDoctoral programs in management, finance,science and technology, informationtechnology, education, law and other areas.

The University reserves the right to changethe body of knowledge, prescribed books,the curriculum, examination pattern,evaluation system, rules and regulations.The students are governed by the latestregulations applicable to them during therelevant academic year. This document isdesigned to provide the prospectivestudents with information only. TheUniversity assumes no liability of any kindto any person for providing this information,whether or not such persons rely on it andeven if they inform the University of theirreliance on it.

This document may contain forward-lookingstatements like, but not limited to, generalmarket, macro-economic, governmental andregulatory trends, technologicaldevelopments, legislative developments,court decisions, scope for further studies,career opportunities for graduates from theUniversity. Such forward-looking statementscontained herein are subject to certain risksand uncertainties that could cause actualresults to differ materially from those reflectedin the forward-looking statements. TheUniversity undertakes no duty to update anyforward-looking statements, to reflect futureevents or circumstances.

Jurisdiction for all disputes (if any) relatingto the University is only/exclusively Agartala,Tripura, India.

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The MBA-CFA Dual Degree Program

The MBA-CFA Dual Degree Program offeredby the ICFAI University, Tripura preparesmen and women with the skills, knowledgeand strategic perspectives essential to theleadership of business anywhere in theworld.

Two Streams

The Dual Degree Program consists of twostreams: MBA and CFA.

The MBA stream is designed to provide botha portfolio of strong functional skills and theability to apply, adapt, synthesize andintegrate those skills into differentmanagement settings. The CFA streamprovides an indepth understanding offinancial analysis. The knowledge of whichcan be applied in banking and financialservices sector and practice areas likestrategic finance, mergers and acqusitions,risk management and consulting.

Through the Dual Degree Program, thestudents may acquire two career-orientedprofessional qualifications in managementand financial analysis and also save precioustime. Instead of the normal duration of4 years (two years for MBA and two yearsfor CFA) the students of the Dual DegreeProgram may complete the same in 27 months.

Eligibility

Graduation (any discipline) with 55%and above. CAs/CWAs (with a bachelorsdegree) are also eligible to apply.

CAs/CWAs are eligible for waivers in4 subjects.

For Whom

With the massive growth of Indian economy,career opportunities are multiplying fast.They include:

● Commercial Banking

● Investment Banking

● Financial Services

● Wealth Management

● Investment Management

● Mutual Funds, Hedge Funds, PensionFunds

● Financial Markets

● Strategic Finance

● Mergers and Acquisitions

● Risk Management

● Management Consulting

For those aspiring to pursue fast-trackcareers in the sunrise sectors, the DualDegree Program is the most suited. TheMBA stream prepares them for management/leadership positions. The CFA streamcoupled with appropriate choice of electivesin MBA stream gives them deep financialinsights. This will be a unique skill-setcombining analysis and synthesis;operations and strategy.

Duration: 27 months.

CAs/CWAs

The MBA-CFA Dual Degree Program is highly suitable for CAs/CWAs. They can claimwaivers in 4 subjects as indicated below:

MBA CFA● Accounting for Decision Making ● Financial Accounting● Business Law ● Financial Statement Analysis

Thus CAs/CWAs will be in a position to complete the Dual Degree Program on afast-track. As per the Supreme Court decision in May 2007, CAs can now pursue theCFA Program and use the CFA designation after completion.

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Medium of Instruction: English.

Students who have pursued their degreeprogram in non-English medium are advisedto undergo proper preparatory courses inBusiness English so that they can cope withthe Dual Degree Program.

Validity of Enrolment

The students are required to completeStage I of the Dual Degree program withina maximum period of three years from the dateof enrolment. Students who are unable tocomplete Stage I within three years, but arestill keen on continuing in the program, arerequired to register de novo by paying therequisite fee.

3600 Flexi-mode

The Dual Degree Program is based on studyand examinations, with 3600 flexibility forstudents.

The MBA Stream

Objectives

The MBA stream aims to improve thestudents' capability to manage. Oncompletion of the program, students areexpected to have acquired:

● a systematic approach to identificationof business problems and their solutions.

● analytical, problem solving and decision-making skills.

● the ability to make competent decisions.

● soft skills for becoming effectivemanagers.

● the skills necessary for the potentialsenior manager, techniques in finance,marketing, manufacturing, humanrelations, information technology andstrategic planning.

● familiarity in applying these tools inbusiness like situations.

● a broad knowledge of concepts, policies

and techniques applicable to efficientadministration and management ofbusiness.

General Management FocusIn a business environment characterized byrapid change, managers must necessarily beflexible and adaptable. The MBA streamseeks to prepare managers to cope with thischange. It is this philosophy which has ledto the MBA stream adopting a generalmanagement approach. This approach willhelp students develop a broad foundationof skills and knowledge in the diversefunctional areas of business management.

The CFA Stream

Objectives

The CFA stream has following broadobjectives:

● To improve the ability to develop aframework for financial analysis and torationally evaluate alternatives forpurposes of decision-making.

● To deepen insights into practicalapplications of financial analysis in adynamic investment environment.

● To encourage aspiring financial analystsequip themselves with the latest tools andtechniques.

● To develop contemporary body ofknowledge and skill-set and make themavailable for those seeking rewardingcareers in the investment industry era ofglobalization.

Focus Areas

The focus areas of the CFA stream includefinancial markets; analysis and valuation offinancial instruments; asset allocation andportfolio management; management of mutualfunds, hedge funds, pension funds and otherfunds.

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The Common Approach

The Dual Degree Program follows thefollowing distinctive but inter-relatedapproaches :● Basic Knowledge aimed at improving

students' understanding of certainfundamental phenomena andrelationships underlying the changingworld of management.

● Tools and Techniques are required toequip students improve their analyticalability and power of integration andsynthesis in the context of management.

● Application Areas linking the theoreticalstudies to the practical problems facedby managers.

● Professional Ethics aimed at inculcatingin the students an ethical approach intheir professional interactions and asense of personal, corporate, and socialresponsibilities.

Exit Option

The students of the Dual Degree Programcan exercise the exit option after successfulcompletion of Stage I. Depending on theirchoice they may exit from the Stage II ofMBA stream and continue in Stage II ofCFA stream; or the otherway round. Thenthey pay reduced fee as applicable to theMBA or CFA stream as per their choice.

Waivers

In addition the students of the Dual Degree Program can claim waivers in 3 subjects ofthe MBA stream as indicated below:

A pass in the CFA stream Leads to waivers in the MBA streamFinancial Accounting Accounting for Decision MakingEconomics Business EconomicsFinancial Management Financial Management

However no waivers are given in the CFA stream based on passing certain subjects in theMBA stream.

Students with prior qualifications are eligible to get waivers from certain subjects as indicatedbelow:

MBA Stream

Subject Eligibility for WaiverBusiness MA (Economics)EconomicsIT & Systems B.Tech, BE, MCAAccounting CA, CWAfor DecisionMakingBusiness Law CA, CWA, CS, BL

CFA Stream

Subject Eligibility for WaiverFinancial CA / CWAAccountingEconomics MA (Economics)Quantitative M.Sc (Statistics)MethodsFinancial CA / CWAStatement Analysis

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Group The MBA Stream The CFA Stream Stage I

A ● Introduction to Management ● Financial Accounting● Managerial Effectiveness ● Economics

B ● Organizational Behavior ● Quantitative Methods● Business Economics ● Financial Management

C ● Marketing Management ● Financial Markets● Information Technology ● Financial Statement Analysis

& Systems Stage II

D ● Accounting for Decision Making ● Equity: Analysis & Valuation● Human Resource Management ● Fixed Income Securities:

Analysis & ValuationE ● Financial Management ● Derivatives: Analysis & Valuation

● Operations Management ● Portfolio ManagementF ● Business Law ● Mutual and other Funds

● Management Control & ● Professional Ethics andInformation Systems Case Studies

END Stage III

G* ● Elective 1 ● Elective 2H* ● Elective 3 ● Elective 4I ● Business Policy & Strategy

● Business Ethics & CorporateGovernance

J ● Integrated Case Studies I● Integrated Case Studies II

The Program Structure

The Dual Degree Program has 32 subjects with 20 for MBA stream and 12 for CFA stream.The actual number of subjects may be less due to availability of subject-wise waivers asindicated earlier. The students have to choose 4 electives in MBA stream.

Detailed curriculum will be provided to all students through the Regulations Book. Studentscan also visit www.iutripura.edu.in for more details.

The program structure is tentative and subject to change, if required.

Finance● Strategic Financial Management● Treasury and Forex Management● Mergers and Acquisitions● Investment Banking and Financial ServicesBanking● Money & Banking and Credit Management● Central Banking & Commercial Banking● Treasury Management & Risk

Management in Banks● Management of Banking Companies

Insurance● Life Insurance & Group and Health Insurance● General Insurance: Personal and Commercial● Insurance Management I● Insurance Management II

Other Electives● Marketing ● Operations● IT & Systems ● HRM● International Business● General Management

* Electives (For MBA Stream):

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Examinations

The examinations are conceived, developedand administered on a rigorous and fair basisto bring out the best in the students andprepare them for challenging careers.

Model question papers withsuggested answers

The model question papers with suggestedanswers based on examination pattern areincluded in the respective workbooks.

Eligibility for appearing inexaminations

Students will be eligible to appearfor Group A examination of theMBA stream and Group Aexamination of the CFA stream sixmonths after the date of enrollment.Students are required to appear andpass the groups in a sequentialorder. Please refer to Table givenbelow.

Examinations

Examinations Enroll into theprogram on or before

April 2009 September 30, 2008

July 2009 December 31, 2008

October 2009 March 31, 2009

January 2010 June 30, 2009

Online registration facility

All students are required to register for theirexaminations (including payment of fee)using the online facility only, as theoperations of examinations department arefully computerized.

Enrollment dates

In order to become eligible to appear for theexaminations, the students are required toenroll into the program on or before the datesgiven below.

Examination schedule

Exam Time Period Group(s) Group(from the date of MBA of CFAof enrolment) Stream Stream

STAGE I1st Exam 6 months Group A Group A2nd Exam 9 months Group B Group B3rd Exam 12 months Group C Group C

STAGE II4th Exam 15 months Group D Group D5th Exam 18 months Group E Group E6th Exam 21 months Group F Group F

STAGE III7th Exam 24 months Groups G & H -8th Exam 27 months Groups I & J -

The sequence suggested here will be valid only if the student clears all the exams sequentially.Otherwise the actual sequence may vary from the above schedule.

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Passing requirement

● To pass in a Group, the student mustsecure an average of 55 per cent marksfor the two Subjects in the Group, subjectto a minimum of 45 per cent in eachSubject.

● If the students secure 65 per cent or morein one of the Subjects of a Group, butare absent or fail to get 45 per cent in theother Subject of the same Group, theywill get exemption from the Subject inwhich they have secured 65 per cent or

more. When an exemption issecured in one Subject of aGroup, the student must securea minimum of 45 per cent in theother Subject in subsequentattempt to pass the Group.

● Wherever students aregranted waiver in one Subjectof a Group, such students willhave to secure 55 per cent ormore in the other Subject topass the Group.

(Applicable for MBA stream only)

● Where a Subject consists of two Papers(Paper I and Paper II), the marks securedin both the Papers will be added togetherfor the purpose of passing requirementonly if the student appears for both thePapers in one sitting. In such a case, thestudents are required to secure aminimum of 40 per cent in each of the twoPapers of the Subject. If a student appearsfor one Paper of a Subject and absentsfrom the second Paper, then the answerscript of such student will be treated asinvalid.

Examination calendar

The examinations are generally conductedon Sundays in January, April, July andOctober. Examinations for MBA stream(Groups B, D, F, H and J) are conducted onfirst and second Sundays. Examinations forMBA stream (Groups A, C, E, G and I) areconducted on third and fourth Sundays.Examinations for CFA stream (Groups A,Cand E) are conducted on first and secondSundays. Examinations for CFA stream(Groups B,D and F) are conducted on thirdand fourth Sundays. Students have toregister for the examinations avoiding clashof dates for the MBA and CFA streams. Theschedule of the examinations is given below:

Examination pattern

For MBA Stream: The examination for eachsubject is for 200 marks and of 6 hoursduration, for subjects in the first two stages.Each subject has 2 papers of 100 marks eachand of 3 hours duration. Examinations areconducted on specified test dates, in themorning session (3 hours) and in theafternoon session (3 hours).

For CFA Stream: Examinations for eachsubject is for 100 marks and of 3 hoursduration.

Last Date forExamination Dates Submission of

ExaminationRegistration Form

April 5, 12, 19, 26 February 28, 2009

July 5, 12, 19, 26 May 30, 2009

October 4, 11, 18, 25 August 31, 2009

January 10, 17, 24, 31 November 30, 2009

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Test centers

The examinations are held at the following Test centers. More Test centers will be addedat other places in due course. For the latest information, please visit www.iutripura.edu.in

Certifications:●●●●● The MBA stream

The following Diplomas/Degree are issued by the ICFAI University, Tripura to the successful studentsbased on stage-wise completion of the MBA Stream:

AgartalaAgraAhmedabad (2)Ahmednagar (4)AizawlAjmerAllahabadAlwarAmravatiAmritsarAnantapurAurangabadBareillyBelgaumBellaryBengaluru (8)BerhampurBhagalpurBhatindaBhavnagarBhilaiBhilwaraBhopalBhubaneswar (2)BijapurBikanerBilaspurChandigarh (2)

Chennai (5)CoimbatoreCuttackDavangereDehradunDhanbadDharamshalaDibrugarhDurgapurEluruErodeFaridabadGandhidhamGandhinagarGangtokGhaziabadGoaGorakhpurGulbargaGunturGurgaonGuwahatiGwaliorHaldwaniHaridwarHissarHowrahHubli

Hyderabad (8)IndoreJabalpurJaipurJalandharJalgaonJammuJamnagarJamshedpurJhansiJodhpurKakinadaKannurKanpurKarimnagarKharagpurKochiKolhapurKolkata (13)KollamKotaKottayamKozhikodeKurnoolLucknowLudhianaMaduraiMangalore

MargaoMathuraMeerutMoradabadMumbai (13)MysoreNagpurNasik (2)NelloreNew Delhi (8)Noida (2)PalakkadPanipatPathanamthittaPathankotPatialaPatnaPondicherryPune (7)RaichurRaipurRajahmundryRajkotRanchiRohtakRourkelaRudrapurSagar

SalemSambalpurSataraShillongShimlaShimogaSilcharSiliguriSolapurSri GanganagarSri Nagar (2)Surat (2)ThanjavurThrissurTiruchirapallyTirunelvelliTirupatiTrivandrumUdaipurUdupiUjjainUlhas NagarV V NagarVadodara (2)VaranasiVijayawadaVisakhapatnamWarangalYamuna Nagar

Certification On successfulcompletion of:

Diploma in Groups A, B & CBusiness Management (Stage I)Advanced Diploma in Groups A to FManagement (Stages I & II)Master of Business All Groups A to JAdministration Degree (Stages I, II & III)

●●●●● The CFA stream

All the students whosuccessfully complete all the sixgroups of the CFA stream willbe awarded the Master ofFinancial Analysis (MFA)Degree by the ICFAI University,Tripura. In addition, theUniversity also confers the CFACharter and Designation,subject to UniversityRegulations. There is nostage-wise certification.

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Courseware

The courseware includes textbooks,workbooks and study guides. Initially thecourseware is supplied for the first grouponly, so that the students will always get thelatest editions as they progress in theirstudies.

Textbooks: Textbooks are specially designedfor independent study by the students.

Study Guides: Study guides provide crisp

and concise information of all the contents

of the subjects. They will help the students

revise and refresh their knowledge on all the

topics.

Workbooks: Workbooks are designed to help

the students in preparing for the examinations.

Model Question Papers: The model question

papers are accompanied by possible

solutions. Model question papers are meant

to give the students an idea about the format

and the academic rigor of the examination.

They are included in the workbooks.

Assignments for self evaluation and case

studies are also supplied as a part of the

courseware.

Courseware and E-Learning Package

E-learning package

The E-learning package is designed to helpthe flexible learning students study in aconvenient computer-based environment.The students of the Dual Degree Programenjoy the flexibility of independent self-studythrough the E-learning package. Thestudents can study at their own place, paceand time. Learning through CD-ROM allowsthe students to take advantage of E-learningbenefits without the need for an Internetconnection. The learning experiencebecomes more in-depth, flexible, convenient,personalized and above all enjoyable. TheE-learning package is rich and valuable;quite often more convenient than classroomlearning.

Benefits of the E-learning package

The E-learning package helps students to:

● upgrade knowledge and skills accordingto their schedule.

● control learning by taking courses at theirown pace.

● access the resources on 24 X 7 basis.

● increased retention levels with the helpof audio-visual aids.

● learn anywhere, anytime, at home, work,or at any convenient place includingtraveling.

● study online the chapters and otherresources.

● test their understanding from time to timethroughout the package.

Case Study Focus and Continuous Learning Inputs

The Case Study Approach: As the Dual Degree Program is uniquelydesigned to develop management and financial perspectives andskills, the case method is integrated as a dominant tool in theeducation methodology. The program will use case studies ofreputed Indian and international companies. Case studies are widelyacknowledged as a very effective learning aid.

Continuous Learning Inputs: Magazines and journals play a veryimportant role in updating knowledge. Students are provided withthe Effective Executive, the Chartered Financial Analyst and CaseFolio as continuous learning inputs.

The E-learning package

● E-Textbooks ● E-Lectures

● Lecture Notes ● Quiz

● Articles ● Glossary

● Mock Tests

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Pre-enrollment Services● Online Order Form for Admission material

● Online Counselling (Live Chat facility)

● Online Enrollment through SecureInternet Payment Gateway and NetBanking and Downloading the first setof lessons

● Updates on events like seminars,conferences, counselling meets, FDPs, etc.

● Press Room: Press Releases, PressClippings

● E-Newsletter

● Online Feedback facility

Post-enrollment Services● Students Regulations (Flexible Learning

Regulations/Program Regulations)

● Registration Facility (activation ofstudent account) to avail a range ofservices under secure environment withEnrollment Number and Password. Theservices include: Online examinationregistration with downloadable admit

Web Services 24x7

card facility; Online examination resultswith marks details; Online admit cards;Model question papers; Suggestedanswers.

● Online payment for de novo registration,Overseas courier charges, Overseasexamination fee, etc., through secureinternet payment gateway

● Online prescribed forms for: change ofaddress/e-mail; non-receipt ofcourseware; non-receipt of magazine/journal; academic queries/clarifications;general queries; register mobile nos.;student feedback form; de novoregistration

● Helpline facility

● Electronic student newsletter

● Important information on trainingclasses, examination schedule, testcenters, revision of curriculum,convocation, etc.

● Access to online editions of magazinesand journals.

IUT Arbitration TribunalAs indicated in the ‘Legal Aspects’ on Page No. 24, all disputes relating to or arisingout of the Enrolment Agreement between the applicant and the ICFAI University, Tripura,shall be settled by reference to arbitration only and not by recourse to the courts oflaw, as per the applicable Indian Law including the Arbitration and Conciliation Act of1996. Arbitration shall be conducted by an arbitration tribunal consisting of a singlemember only. The University’s nominee shall be the ‘persona designata’ as an arbitrator.The venue of arbitration shall be Agartala, Tripura, India. The University has nominatedDr. A.V. Narasimha Rao, MA, LLM, Ph.D., as the persona designata. Students seekinghelp from the IUT Arbitration Tribunal may contact by e-mail (by quoting the Name andthe Enrolment Number) at: [email protected]

Student GrievancesAs a student if you have any grievances, please let us know immediately so that wecan attend to the same as early as possible:● Phones (Toll free) : 1800-425-2911, 1800-103-0303● E-mail : [email protected]

Always quote your Name and Enrolment Number.

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Inputs are provided to the students of theDual Degree Program throughcomprehensive courseware including highquality textbooks, study guides, workbooks,model question papers and the relevantpublications as continuous learning inputs.

Further, in order to supplement the studentsefforts through self-study, the students areencouraged to attend training classes. Thetraining classes constitute an important

stage in the learningmethodology byenabling the students togain an in-depthunderstanding of thesubjects. They providea platform to thestudents for betterunderstanding of theconcepts and also toclarify any doubts in therespective subjects andtherefore prepare well forthe examinations.

The training classesfacilitate in coping withthe rigor of the Dual

Degree Program. They are beneficial to allthe students enrolling into the program;especially for working executives andprofessionals who may not find sufficienttime to prepare and plan for the examinationswell in advance.

Benefits of attending the trainingclassesRegular attendance of the training classesenable students to:

● gain in-depth understanding of thesubjects covered.

● understand the concepts well.

● understand the examination pattern andobtain tips on preparing well for theexaminations through discussion ofprevious question papers.

Training Classes

● discuss and clear doubts and queriespertaining to the topics covered in thesubjects.

● get into a disciplined mode and regularstudy.

Training Classes: The training classes areneed-based and are conducted subject toregistration of minimum number of students.For more details students are requested tocontact the respective branch.

4 times a year: The training classes areconducted during weekends/evenings, fourtimes a year, i.e., from January to March, Aprilto June, July to September and October toDecember.

Duration: The classes for each subject arescheduled for 36 sessions of 1 hour15 minutes each covering a total of 45 hours.

Fee: Students who plan to attend the trainingclasses are required to pay a fee of Rs.30,000for the first three groups (Groups A, Band C) of both the streams at the time ofenrollment into the Dual Degree Program. Ifthe students wish to join the training classessubsequently after their enrollment into theprogram, they are required to pay Rs.36,000for Groups A, B and C of both the streams.

Registration for training classes: Studentsare strongly advised to register for trainingclasses, when they enroll for theDual Degree Program. Alternatively, theymay register for training classes as per thedates indicated below:

Dates of the Last Date forTraining Classes Registration

Oct - Dec, 2008 Sept 25, 2008Jan - Mar, 2009 Dec 24, 2008Apr - Jun, 2009 Mar 25, 2009Jul - Sep, 2009 Jun 26, 2009

The pass percentage of MBA students whoattended the training classes is observed tobe better by about 10% - 15% as comparedto the pass percentage of those studentswho did not attend the training classes.

Pass Percentage

Exam With Training Without TrainingClasses Classes

Apr-07 38 % 28 %July-07 46 % 32 %Oct-07 49 % 35 %Jan-08 54 % 39 %

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Internship ProgramOffered by Cygnus Business Consulting & Research (P) Ltd.

www.cygnusindia.com

Normally internship opportunities areavailable only for students of businessschools who pursue programs on full-timebasis. Such an opportunity is now beingcreated by Cygnus even for the students offlexible learning programs so that they alsohave the benefit of internship experience likethe students of full-time programs. A goodinternship program properly supervised andcoordinated will enhance the applicationskills of the students leading to good finalplacements. Thus, internship is a steppingstone for getting a final placement with bluechip companies.

Internship leads to applying knowledge towork, developing application skills, andgaining practical hands-on work experience.Internship is meant to bridge the gap betweenreal-life business and academic learning. Ithelps students experience the rigors of workplace. The basic aim is to provide studentswith the relevant live projects that enablethem meet their professional goals,strengthen their knowledge and skills, and

Cygnus Business Consulting & Research (P) Ltd. is a global knowledgeproducts and services organization, focused on enabling its customersgrow profitably. Cygnus publishes a range of reports coveringeconomies, industries and companies - globally. Besides, Cygnus takes

up projects on business research, credit appraisals, equity research and business consulting.Its customers include a number of leading corporates, banks and insurance companies bothin India and abroad. Cygnus is retained as a knowledge partner for a number of conferencesorganized by industry and trade associations like CII, FICCI, Assocham and PHARMEXCIL.Cygnus periodically publishes a number of research reports like Global and Indian industryreports, Global Industry Monitors (covering 35 industries), China Industry Monitors, IndianEconomy and Industry Monitors and Quarterly Performance Analysis of Indian Industries andCompanies. Cygnus also offers comprehensive Industry Portals in Agri business, Banking andFinancial services, IT and Pharmaceuticals. Cygnus developed an easy-to-use web-based corporatedata base of Indian companies, which is useful for researchers, consultants and students.Cygnus carries out a number of projects in the areas of market surveys, feasibility studies,competitive intelligence, credit research and equity research. It also prepares market entryand growth strategies for the clients. Cygnus also takes up techno-economic viability studiesfor major banks in India for green field as well as expansion projects.

establish a network of contacts for exploringfuture opportunities.

Internship Program

Cygnus Business Consulting & Research(P) Ltd. offers wide-ranging internshipopportunities for the students of theICFAI University.

The internship programs are carefullystructured around individual career goals,keeping in mind the skill-sets currently indemand. They are co-ordinated andsupervised by experienced consultants.

Internships will be offered at Hyderabad,subject to registration of minimum numberof students.The participation in internshipprogram is need-based.

Students who wish to opt for the internshipprogram are required to approach Cygnusafter completing Stage II and pay the requiredfee separately. Details will be provided inthe Student Regulations.

Business Consulting & Research

Page 16: MBA+CFAProspectus Dual Degree Program

16

Alchemist HR Services (P) Ltd. (hereinafter

referred to as Alchemist), provides

placements to the successful students of the

Dual Degree Program through a Special

Placement Scheme.

Alchemist offers a wide range of HR solutions

to the manufacturing and services sectors,

drawing upon the vast knowledge and

experience of its professional team of

well-qualified practitioners and experts.

Alchemist currently operates from eight

locations: Ahmedabad, Bengaluru, Chennai,

Hyderabad, Kolkata, Mumbai, New Delhi and

Pune.

Alchemist has unique strengths in ensuring

timely and reliable delivery of HR solutions

to its clients, best suited to their specific

needs:

● Comprehensive knowledge of current

marketplace.

● Vast data bank on experienced and

qualified professionals and executives.

Special Placement SchemeOffered by Alchemist ® HR Services (P) Ltd.

www.alchemistindia.org

● A team of competent consultants, fully

conversant with major sectors of industry.

● A tradition of business ethics, integrity

and transparency.

Alchemist provides value-added services in

the following areas:

● HR Consulting

● Training and Development

● Placements

● Outsourcing Solutions

With its active involvement into the

corporate world of HR activities, Alchemist

provides an effective link for exploring

opportunities of employment for the

successful students of the Program.

Students can opt for the Alchemist Special

Placement Scheme after completion of the

Program by paying the required fee

separately to Alchemist. Details will be

provided to all eligible students.

Page 17: MBA+CFAProspectus Dual Degree Program

17

Alumni Bodies

*Masculine pronouns, used throughout the Code and Standards to simplify sentence structure, shall apply to all persons, regardless of sex.

The CFA CouncilThere are 12 CFA Associations in various cities across India. The CFA fraternity in Indiahas over 6,000 members. Visit: www.thefinancialanalyst.org for details.

The ICFAI University, Tripura has recently established The CFA Council as a constituentbody for the development and regulation of the CFA Profession on sound ethical lines.All the CFAs from the ICFAI University, Tripura are eligible to become members of CFAC.All members are required to abide by the code of ethics of CFAC.

The Code of Conduct covers, inter alia, the following aspects:

● Integrity: A CFA shall conduct himself* with integrity and dignity in his dealings withthe public, clients, customers, employers, employees, professionals and fellow analysts.

● Ethical Behavior: A CFA shall conduct himself and shall encourage others to practicethe financial analysis profession in a professional and ethical manner that will reflectcredit on himself and his profession and his organization/employer where or for whomhe is working.

● Professional Competence: A CFA shall act with competence and shall strive to maintainand improve his competence and that of others in the profession.

● Objectivity: A CFA shall be fair in his dealings and must not be biased or prejudiced.He shall try to maintain objectivity and impartiality towards one and all.

● Professional Independence: A CFA shall use proper care and exercise independentprofessional judgement in all his professional activities.

● Public Trust: A CFA shall assume the basic responsibility to place the interest of clients,prospective clients and employers ahead of his own. He shall seek to enhance publicconfidence in his profession.

The CFA Council will put in place a suitable mechanism to enforce the Code of Ethics andStandards of Professional Conduct.

The Council of Icfai MBA GraduatesThe Council of Icfai MBA Graduates (CIMBAG) was established in 2007 as an Alumni Bodyfor the benefit of all those students who successfully completed the MBA Program in theflexible mode from the ICFAI University. Currently, there are over 1,000 such alumni workingwith various blue chip companies all over India. CIMBAG is committed to build a strongnetwork among its members by establishing Chapters at various cities.

Mission & Governance: CIMBAG is primarily focused to help the members through multiplemembership services; and also works to promote and disseminate the philosophy and valuesof the ICFAI University by interacting closely with its members and the corporate world.CIMBAG is headquartered at Hyderabad and functions under the overall guidance of aBoard of Governors. Chapter Executive Committees (CECs), consisting of alumni membersfrom different batches and of varying backgrounds, guide the functioning of CIMBAG atthe chapter/city level. The CECs are responsible for organizing and conducting all localevents and activities. Visit: www.cimbag.org for details.

Page 18: MBA+CFAProspectus Dual Degree Program

18

Admission Policies and Guidelines toComplete the Application Form

AdmissionThe goal of the Admissions Board is to selectstudents whose academic background, workexperience, leadership abilities andcommunication skills meet the demands ofthe Dual Degree Program. The AdmissionsBoard evaluates applicants' potential asfuture leaders and their projected ability tosucceed in and profit from the program.

EnrollmentApplications received from the students arechecked for the basic eligibility criteria andthe eligible students are enrolled into theprogram under the flexible mode. Studentswho have secured 45 per cent and aboveaggregate marks in their graduation arerequired to submit the photocopies ofmarksheets for all 3 (or 4) years in supportof the eligibility along with the ApplicationForm for Enrollment.

No enrollment of foreign citizensThe admission into the flexible learningprogram is not open to foreign citizensdue to visa restrictions. They may write tothe Registrar for guidance on this matter.

Rejected applicationsIf the applicants do not satisfy the eligibilitycriteria, the applications are returned to themalong with all enclosures and the amountpaid after deducting Rs. 500. Such studentsare, however, permitted to apply again afterthey subsequently satisfy the eligibilitycriteria.

Proof of addressAll students are required to produce thephotocopies of any one of the followingdocuments as address proof at the time ofenrollment: Latest telephone (BSNL/MTNL)bill, latest electricity bill, latest property taxbill, voter ID card, ration card, passport,

driving licence, ID card issued by anyauthorized body with seal.

Students Regulations bookAll students who are enrolled into theprogram will be provided with the StudentsRegulations Book which contain the variousrules and regulations pertaining toadministering the program and theexaminations.

RemittanceThe applicants are required to pay the feeas indicated in the Fee Schedule onPage No.20. The remittance can be done byway of Demand Draft or Credit Card.Demand Draft should be in favor of"IUCF A/c FLP" payable at Hyderabad.For EMI facility please refer to Fee Schedule(Page No.20).

Please note that there will be no reductionin fee even if a student is eligible to claimsubject-wise waivers based on priorqualifications as indicated on Page No.7.

No refundThe amount once paid is not refundableunder any circumstances, except in the caseof rejected applications.

Right to amend rulesThe University reserves the right to amendthe rules and regulations whereverconsidered necessary and appropriate. Suchamendments will be intimated to the students.Therefore, this publication and thedescriptions contained herein are not to beconstrued as a contract binding theUniversity to any specific policies. Possiblechanges include, but are not limited tocurriculum and course content, passingrequirements, eligibility criteria forexaminations, fee schedule, refund policy,examination pattern, certification and

Page 19: MBA+CFAProspectus Dual Degree Program

19

designation, and such other matters as maybe considered relevant.

GuidelinesThe students are advised to read the followingguidelines carefully before completing theApplication Form for Enrollment and the FeeRemittance Form.a. The Application Forms should be filled

in Capital Letters.b. Please respond to all the information

sought.c. Additional sheets may be used, if

necessary.d. Ensure that the Application Forms are

signed.

Subject-wise WaiversApplicants who are eligible for subject-wisewaivers based on prior qualifications (asindicated on Page No.7) have to submit proofof those prior qualifications like mark sheets,certificates, etc.

Photocopies of certificatesa. Photocopies of certificates regarding

date of birth and educationalqualifications shall be enclosed with theApplication Form for Enrollment.

b. Original Certificates should not be sent.

EnclosuresPlease ensure that your Application containsthe following enclosures.a. Application Form for Enrollment into the

Program (with recent color photographaffixed).

b. Copies of Certificates of Date of Birth andEducational Qualifications/Mark Sheets.

c. Fee Remittance Form.d. Demand Draft/Credit Card Merchant Slip

(wherever applicable) towards thepayment.

e. Students have to produce photocopiesof any one of the following documents

as address proof at the time of enrollment:Latest telephone (BSNL/MTNL) bill,latest electricity bill, latest property taxbill, voter ID card, ration card, passport,driving licence, ID card issued by anyauthorized body with seal.

f. Those students availing the EMI facilityare requested to enclose the postdatedcheques for the required amount alongwith the Fee Remittance Form.

The completed Application Forms along withthe required enclosures can be submitted orsent by speedpost/courier to:

The Admissions Officer,

The ICFAI University,University Campus,

Agartala-Simna Road,P.O. Kamalghat Sadar -799210,

Tripura (West).

Students are advised to take note of thevalidity date specified on the ApplicationForm for Enrollment and ensure that theirForms reach the Admissions Officer on orbefore the validity date.

Online Enrollment through SecureInternet Payment Gateway

Students can enroll into the program bylogging on to www.iutripura.edu.in forfiling the application form online and makingthe payment through Internet. Students canmake the payment through the Credit Cardissued by Citibank, ICICI Bank, HDFC Bankor the VISA/MasterCard issued by any bank,through Secure Internet Payment Gateway.Net Banking facility is also available for netbanking account holders of AXIS Bank andICICI Bank. Students may please note thatpayments relating to examinations will beaccepted only through Secure InternetPayment Gateway.

Page 20: MBA+CFAProspectus Dual Degree Program

Fee Schedule(With effect from April 1, 2008 and valid for the Academic year 2008-09 only)

The MBA-CFA Dual Degree Program (3600 Flexi-mode)Particulars With Training Without Training

Classes (Rs.) Classes (Rs.)Admission Fee 5,000 5,000Program Fee - Stage I (MBA+CFA) 45,000 45,000Training Classes - Stage I (MBA+CFA) 30,000 –Total 80,000 50,000

Option I Lumpsum Payment 80,000 50,000Option II Instalment Facility

Initial payment: At the time of Application(by Demand Draft/Credit Card) 15,000 15,000On the 30th day after Application(by Postdated Cheque) 65,000 35,000

Option II EMI FacilityInitial Payment(by Demand Draft/Credit Card) 15,000 15,000Balance amount to be paid throughEquated Monthly Instalments [EMIs](including bank charges) by PDCs 5,850 6,125No. of EMIs 12 6

Remittance Information1. a. The fee is to be paid stage-wise. Currently, the Admission Fee is Rs. 5,000 and the program

fee for Stage I (MBA + CFA streams) is Rs. 45,000. Students are required to pay the feeas indicated in the Table above, either in Lumpsum or EMI facility.

b. The students are required to pay program fee for Stages II and III later as may be prevalentat that time. Currently the fee for Stage II (MBA + CFA streams) is Rs. 45,000 and forStage III (MBA stream only) is Rs. 25,000.

c. The fee can be paid by way of Demand Draft or Credit Card (VISA or MasterCard only).The Demand Draft should be A/c payee crossed in favor of "IUCF A/c FLP" payable atHyderabad. Students can make the payment through Credit Card at the respective branches.They should get their Credit Cards swiped for the required amount, sign and attach the merchantcopy of the slip along with the Fee Remittance Form and keep the customer copy withthemselves (as acknowledgement).

d. The employees of the University are not authorized to accept cash payments from the studentsunder any circumstances and also are not authorized to swipe their personal credit cardsto pay on behalf of the students. Students should not share their credit card informationwith the employees of the University and should not make any payments by cash. Anystudents deviating from the above will be doing so at their own risk and responsibility.

2. Instalment facility/EMI facility for payment of fee:

a. Instalment facility/EMI facility is offered to all the students for payment of fee. Under boththe facilities, the initial payment should be made by way of Demand Draft/Credit Card and

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the balance amount should be paid through postdated cheques. The postdated cheques shouldbe in favor of “IUCF A/c FLP”. The students can choose either Instalment facility orEMI facility as indicated (in the Table) accordingly.

b. Instalment facility: The initial payment (i.e. first instalment) is payable at the time ofapplication by Demand Draft/Credit Card. The second instalment is payable on the 30thday after application by way of postdated cheque. For example if a student enrolls on April15, the second instalment (amount payable in rupees) will be due on the 30th day, namelyMay 15. The students should enclose the Demand Draft/Credit Card slip towards the firstinstalment and postdated cheque (A/c payee crossed) towards the second instalment alongwith the Fee Remittance Form.

EMI facility: The initial payment is payable at the time of application by Demand Draft/Credit Card. The EMIs are payable on the first of every month, subsequent to enrollment.For example, if a student enrolls on April 15, his/her first EMI (amount payable in rupees)will be due on May 1. The EMIs should be paid through postdated cheques. The studentsshould enclose the postdated cheques (A/c payee crossed) along with the Fee RemittanceForm and the Demand Draft/Credit Card slip for initial payment.

c. Students availing the Instalment facility/EMI facility are required to complete the Fee RemittanceForm and enclose the Demand Draft and postdated cheques for the required amount.

d. Students should note that only those Application Forms accompanied with the Demand Draftor Credit Card payment slip towards initial payment, and postdated cheques towards theInstalment facility/EMI facility, will be considered as valid.

e. Students submitting the postdated cheques should ensure that the postdated cheques shouldnot be dishonored under any circumstances when they are deposited for payment. In theevent of dishonor of any cheques, the students and the signatories of such cheques will beliable for prosecution under Section 138 of the Negotiable Instruments Act, 1881 and suchother legal actions as may be taken by the University.

f. The PDCs should be drawn on scheduled commercial banks located in the cities specifiedbelow:

Agartala, Agra, Ahmedabad, Ahmednagar, Aizawl, Ajmer, Alapuzzha, Aligarh, Allahabad, Almora,Alwar, Ambala, Amrawati, Amritsar, Anantapur, Angul, Aurangabad , Balasore, Bareilly, Belgaum,Bellary, Bengaluru, Berhampur, Bhagalpur, Bhatinda, Bhilai, Bhilwara, Bhimavaram, Bhopal,Bhubaneswar, Bidar, Bijapur, Bikaner, Bilaspur, Calicut, Chandigarh, Chandrapur, Chennai,Chittoor, Chittorgarh, Coimbatore, Cuttack, Davangere, Dehradun, Dhanbad, Dharamshala,Dibrugarh, Durgapur, Eluru, Eranakulam, Erode, Faizabad, Faridabad, Gandhidham, GandhiNagar, Gangtok, Ghaziabad, Goa, Gorakhpur, Gulbarga, Guntur, Gurgaon, Guwahati, Gwalior,Haldwani, Haridwar, Hassan, Hubli, Hissar, Hyderabad, Indore, Jabalpur, Jaipur, Jalandhar,Jalgaon, Jammu, Jamnagar, Jamshedpur, Jhansi, Jodhpur, Kadapa, Kakinada, Kannur, Kanpur,Karimnagar, Karnal, Karur, Kasargode, Khammam, Kharagpur, Kochi, Kolhapur, Kolkata,Kollam, Kota, Kottayam, Kurnool, Latur, Lucknow, Ludhiana, Madurai, Mahabubnagar,Mangalore, Mathura, Meerut, Mohali, Moradabad, Mumbai, Muzaffarpur, Mysore, Nagpur,Nanded, Nasik, Nellore, New Delhi, Nizamabad, Noida, Ongole, Palakkad, Panchkula,Pathanamthitta, Pathankot, Patiala, Patna, Pondicherry, Pune, Rae Bareli, Raichur, Raipur,Rajahmundry, Rajapalayam, Rajkot, Ranchi, Ratnagiri, Rohtak, Roorkee, Rourkela, Rudrapur,Sagar, Salem, Sambalpur, Sangli, Satara, Satna, Shillong, Shimoga, Shimla, Silchar, Siliguri,Solapur, Srinagar, Sri Ganga Nagar, Srikakulam, Surat, Tanuku, Tanjavur, Thrissur, Tiruchirapalli,Tirunelvelli, Tirupathi, Trivandrum, Tumkur, Tuticorin, Udaipur, Udipi, Ujjain, Vadodara,Vallab Vidyanagar, Varanasi, Vellore, Vijayawada, Visakhapatnam, Vizianagaram, Warangal,Yamuna Nagar.

If the students send any cheques drawn on banks located in cities other than the specifiedcities, such cheques will not be accepted. Only MICR and multi-city cheques will be accepted.

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g. The University reserves the right to withdraw the Instalment facility/EMI facility for paymentof fee at any time.

3. The examination fee is to be paid separately as and when the student is eligible and registerfor the examinations. The fee is Rs.1,000 per group for each stream.

4. Currently, an amount of Rs.3,000 is payable towards membership in the Council of Icfai MBAGraduates (CIMBAG). The membership fee (as may be prevalent at that time) is payable beforeregistering for Group G of the MBA stream and it is mandatory.

5. Currently, an amount of Rs.10,000 is payable towards membership in the CFA Council. Themembership fee (as may be prevalent at that time) is payable before registering for Group Fof the CFA stream and it is mandatory.

6. The MBA-CFA Dual Degree Degree students are entitled to receive Effective Executive magazineand The Chartered Financial Analyst magazine for a period of 12 months, from the date of enrollment.In addition, all students at Group G will also receive Case Folio journal for a period of 9 months.

7. The payment towards training classes for Groups A, B and C (of both streams) is Rs.30,000if paid at the time of enrollment. These classes are conducted four times a year and they areneed-based. If the students wish to join the training classes subsequently after their enrollmentinto the program, they are required to pay Rs.36,000 for Groups A, B and C of both streams.

8. Training Classes will be held solely at the discretion of the University, subject to a minimumnumber of students registering for the same. In case it is decided not to hold such classes, thefee paid by the students towards such classes will be refunded. The students will have no claimfor refund of any other fee.

9. In the unfortunate event of death of a specified parent/guardian/spouse who is funding the educationof the student, the balance of basic fee (as applicable to that Stage only) payable by the studentwill be waived by the University. Hence, such unfortunate students need not discontinue theirstudies. In the unfortunate event of death of a student during the two year period from thedate of enrollment, the basic fee paid by the student will be refunded to the specified parent/guardian/spouse. Further details will be provided in the Student Regulations book.

10. All students registering in the Program are required to pay the stipulated payment and honorthe postdated cheques as per schedule. Wherever students have arrears of payment or defaultedin honoring of postdated cheques, they will not be permitted to register for the examinationsor their examination result will not be released and their mark sheets, pass certificates will notbe issued; further such students will be considered as inactive on the rolls of the Universityand their names are liable to be removed from the records.

11. The fee is subject to change from time to time. Students will be informed of the payment revisionsthrough e-mails, electronic newsletters, students regulations, etc. The students are required topay as may be prevalent in the relevant academic year. The fee indicated in this document isvalid for 2008-09 academic year only.

12. Overseas Students:

a) Students who wish to receive the courseware at their overseas address are required to remitUS$75 per group towards overseas courier charges.

b) Students who wish to receive the Effective Executive magazine and The Chartered FinancialAnalyst magazine, Case Folio journal and other mailers at their overseas address are requiredto remit overseas mailing charges of US$300 per annum towards the same.

c) Students who wish to appear for examinations at any overseas test centers are required tocontact the Indian Embassy/High Commission/Consulate Officials and obtain their consent tosupervise the examination and mail the same to the Controller of Examinations before submittingthe Examination Registration Form. The University will not take any responsibility for obtainingthe consent from the above mentioned Officials.

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The MBA-CFA Dual Degree Program(3600 Flexi-mode)

Application Form for Enrollment

The Institute of Chartered Financial Analysts of India University, TripuraUniversity Campus, Agartala-Simna Road, P.O. Kamalghat Sadar-799210, Tripura (West).

Application valid up to Application No.78MBCF -

(Read carefully all the pages of this Document including Admission Policies, Guidelines, Remittance Information and Legal aspects before filling this Application Form)Foreign citizens should not apply using this Form. They may write to the Registrar for guidance.

Full-time Student Full-time Employee

If employed: Organization __________________________________________ Designation _______________________ Industry __________________________

OCCUPATION Please tick ( ✓ )3.

The MBA Stream The CFA StreamBusiness Economics IT & Systems Financial Accounting EconomicsAccounting for Decision Making Business Law Quantitative Methods Financial Statement Analysis

4. SUBJECT-WISE WAIVERS (See page 7) Please tick ( ✓ ) and submit photocopies of relevant certificates to support your request for the waivers)

5. DECLARATION: I wish to apply for the MBA-CFA Dual Degree Program on 3600 flexible mode. I have carefully read the academic and administrative rules and regulationsof the Institute of Chartered Financial Analysts of India University, Tripura as given in this Document and Application Material and agree to abide by the same. I understandthat these rules are only indicative and may be modified/changed/revised and the complete list of rules and regulations as updated from time to time will be given to meon my enrollment in the form of Students Regulations. I understand that in case I withdraw from the program I will not be entitled to claim any refund of amount paid. I agreethat I will settle the amount with the ICFAI University whether or not I continue in the Program. I understand that the Jurisdiction for all disputes (if any) relating to theUniversity is only/exclusively Agartala, Tripura. 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, including “Legal Aspects”, and my financial responsibilities.

Place: Date : Signature of the Applicant

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

1. PERSONAL DETAILS

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

Parent’s/Guardian’s Name : Mr/Ms _____________________________________________________________________________Address# __________________________________________________________________________________________________(USE CAPITALS)

Nearest Land Mark __________________________________________________________________________________________

___________________________________________________________________________________________________________(City) (State) (Pin)

Tel. (Off.) ___________________________________________ (Res.)____________________________________________________(City Code) – (Area Code) - Number (City Code) – (Area Code) - Number

Fax:______________________________________________ Mobile : ___________________________________________________(City Code) – (Area Code) – Number

E-mail*:______________________________________________________________ Date of Birth

Indian Passport No. Place of Issue : ____________________________ Citizenship: Indian Foreign# Proof of Address is required. * All applicants are mandatorily required to give e-mail address and mobile number for speedy communication.

Paste a recent colorphotograph of size

3.5 x 4.5 cms.Photograph must not be

larger than this box.Do not sign the

Photographand do not staple

Date Month Year

1 9

2. ACADEMIC RECORD

Examination Level Qualification Board/University/Institute Medium of Instruction Marks (%) /Grade Y ear of Passing

XII Class

Bachelor’s Degree

CA

CWA

Others

23

WE

Page 24: MBA+CFAProspectus Dual Degree Program

The Institute of Chartered Financial Analysts of India University, Tripura (referred to hereafter as the University) was established in 2004 throughan Act of State Legislature (Tripura Act 8 of 2004). The University has been approved by the University Grants Commission, underSection 2(f) of the UGC Act, 1956. The Distance Education Council (DEC) has approved the programs of the ICFAI University, Tripura.

The University reserves the right to change the body of knowledge, prescribed books, the curriculum, examination pattern, evaluation system,rules and regulations. The students are governed by the latest regulations applicable to them during the relevant academic year. This documentis designed to provide the prospective students with information only. The University assumes no liability of any kind to any person for providingthis information, whether or not such persons rely on it and even if they inform the University of their reliance on it.

This document may contain forward-looking statements like, but not limited to, general market, macro-economic, governmental and regulatorytrends, technological developments, legislative developments, court decisions, scope for further studies, career opportunities for graduates fromthe University. Such forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual resultsto differ materially from those reflected in the forward-looking statements. The University undertakes no duty to update any forward-lookingstatements, to reflect future events or circumstances.

Enrollment Agreement: The "Application Form for Enrollment" is the Enrollment Agreement (hereinafter referred to as the Agreement) betweenthe applicant who wishes to enroll on a flexible mode and the Institute of Chartered Financial Analysts of India University, Tripura (hereinafterreferred to as the University).

Entire Agreement: This Agreement constitutes and expresses the entire agreement and understanding between the University and the studentsof the University in reference to all matters herein referred to, all previous discussions, promises, representations and understandings relativethereto, if any, had between the parties hereto, being herein merged.

Interpretation: The masculine, feminine or neuter gender and the singular or plural number shall be deemed to include the other gender ornumbers where the context so indicates or requires. Unless otherwise expressly provided, references to days, months or years are to calendardays, months or years. Person or persons include individuals, partnerships, corporations, government agencies or other entities. Section headingsare included for convenience only and are not to be used to construe or interpret this Agreement.

Conclusion of the Agreement: The Agreement is irrevocably concluded after the applicant signs the application form and submits it alongwith the required amount, physically, electronically or otherwise.

No Third Party Beneficiaries: Enrollment of any student into the MBA-CFA Dual Degree Program, shall not entitle any person (including,without limitation, members) to any rights as third party beneficiary.

Balance of Dues: The liability of the student to pay the balance of dues continues until the last instalment is cleared even if the student, forany reason, withdraws from/discontinues the pursuit of the program. Wherever students have arrears of payment, they will not be permittedto register for the examinations or their examination result will not be released and their mark sheets, pass certificates will not be issued. Furthersuch students will be considered as inactive on the rolls and their names are liable to be removed from the records.

No Obligation to Services, etc.: The University has no obligation to render any services to the student members beyond the period of validityof enrollment. To clarify further, no obligation of the University shall survive beyond the period of validity of enrollment.

Limitation of Liability: The liability of the University towards the students is limited only to the extent of the fee paid by them. To clarifyfurther, the University shall not be liable to the students for punitive, exemplary, special, indirect, or consequential damages, including withoutlimitation, lost profits.

Assignment: The students cannot assign this Agreement nor any part thereof the University may, without necessity of the students' consent,assign its rights and obligations under this Agreement to a successor organization.

Force Majeure: The University shall not be liable for delay or failure in performance of any of its obligations under the Agreement when suchdelay or failure arises from events or circumstances beyond the reasonable control of the University (including without limitation, acts of God,fire, flood, war, explosion, sabotage, terrorism, embargo, civil commotion, acts or omissions of any government entity, supplier delays, decisionsof the University, decisions of the courts and governments, communications or power failure, equipment or software malfunction, or labor disputes).

Indemnity: A student agrees to indemnify, defend and hold the University harmless from and against any and all loss, damage, liability andexpense (including reasonable attorney’s fees and costs) arising out of any third party claim, action or proceeding based directly or indirectlyon the acts of omission or commission by the member or his/her agents, the breach or alleged breach or failure to comply with any applicablelaws or regulations, concerning the practice of profession of management and financial analysis.

Arbitration: All disputes relating to or arising out of this Agreement shall be settled by reference to arbitration only and not by recourse tothe courts of law, as per the applicable Indian Law including the Arbitration and Conciliation Act of 1996. Arbitration shall be conducted byan arbitration tribunal consisting of a single member only. The University’s nominee shall be the ‘persona designata’ as an arbitrator. The venueof arbitration shall be Agartala, Tripura, India. The arbitration clause shall however not apply if the University and/or the authorized agentdecides to prosecute any student for any criminal offences, including but not limited to dishonor of postdated cheques.

Applicable Law: The Agreement shall be deemed to have been made in Agartala in the State of Tripura, India and shall be construed andenforced in accordance with and the validity and performance hereof shall be governed by the laws of the State of Tripura, India without referenceto principles of conflict of laws thereof. Judicial proceedings regarding any matter arising under the terms of the Agreement shall be broughtin the relevant courts of Agartala, Tripura.

Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura, India.© The ICFAI University, Tripura. All rights reserved.

Legal Aspects

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Fee Remittance FormTo be submitted along with the Application Form for Enrollment into the MBA-CFA Dual Degree Program.

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

1. PERSONAL DETAILS

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

2. APPLICATION NUMBER of the MBA-CFA Dual Degree Program (Please refer the Application Form for Enrollment into the MBA-CFA Dual Degree Programof the ICFAI University, Tripura)7 8 M B C F

(B) EMI FACILITY: Please see page 21 for details. (For Initial payment of Rs. 15,000, please fill item 3(II) given above).

(i) Please tick (✓) the appropriate EMI amount Rs. 5,850 (With Training Classes) Rs. 6,125 (Without Training Classes)

(ii) Twelve/Six postdated cheques of Rs. ___________ each (A/c payee postdated cheques in favor of “IUCF A/c FLP” should be enclosed) On the backof each postdated cheque, the name of the applicant and the full address of the bank, branch with phone number should be mentioned in capital letters. Onlypostdated cheques drawn on banks located in specified cities (mentioned on page 21) will be accepted. Only MICR and multi-city cheques will be accepted.

To, The ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar-799210, Tripura (West). I hereby confirm that I have signed thepostdated cheques towards the payment of EMIs in relation to this Fee Remittance Form. I undertake not to countermand these cheques and also to honor allthese cheques on due dates.

Sl.No. Cheque Number Cheque Date Sl.No. Cheque Number Cheque DateDD / MM / YYYY DD / MM / YYYY

1. 01 / 7. 01 /

2. 01 / 8. 01 /

3. 01 / 9. 01 /

4. 01 / 10. 01 /

5. 01 / 11. 01 /

6. 01 / 12. 01 /

Total amount for which postdated cheques are enclosed : Rs.70,200 / Rs.36,750. Signature of the Applicant: ________________________________

(II) INSTALMENT FACILITY/EMI FACILITY: (A) INITIAL PAYMENT: Rs.15,000 [Please ( ✓ ) tick] By Demand Draft By Credit Card

Remittance through Demand Draft (DD should be in favor of "IUCF A/c FLP", payable at Hyderabad)

DD Details : Name of Bank : DD No.: Date : Amount Rs.15,000

(I) LUMPSUM PAYMENT : Amount Rs.__________________________ [Please (✓) tick] By Demand Draft By Credit Card *

Remittance through Demand Draft (DD should be in favor of ‘IUCF A/c FLP’, payable at Hyderabad)

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

* Applicants can make the payment through Credit Card at the respective branches. They should get their Credit Cards swiped for the required amount, sign and attach the merchantcopy of the slip along with this Fee Remittance Form and keep the customer copy with themselves (as acknowledgement). IMPORTANT: The employees of the University are notauthorized to accept cash payments from the applicants, under any circumstances; the employees of the University are not authorized to swipe their personal credit cards to payon behalf of the applicants; applicants should not share their credit card information with the employees of the University; applicants should not make any payment by cash. Applicantsdeviating from the above will be doing so at their own risk and responsibility.

5. Please tick ( ✓ ) Rs.80,000 (With Training Classes) Rs. 50,000 (Without Training Classes)

FEE REMITTANCE3.

(A) INSTALMENT FACILITY: Please see page 20 for details. (For Initial payment of Rs. 15,000 please fill item 3(II) given above).

2nd Instalment [Please ( ✓ ) tick] Rs.65,000 (With Training Classes) Rs.35,000 (Without Training Classes)

Cheque Number Cheque DateDD / MM / YYYY

Signature of the Applicant: ________________________________

Postdated cheque of Rs. _____________________ (A/c payee postdated chequein favor of “IUCF A/c FLP” should be enclosed) On the back of postdated cheque,the name of the applicant and the full address of the bank, branch with phonenumber should be mentioned in capital letters. Only postdated cheque drawn onbanks located in specified cities (mentioned on page 21) will be accepted.

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Page 26: MBA+CFAProspectus Dual Degree Program

STATEMENT [By the person (other than the Applicant), who has signed the postdated cheques in connection with this Fee Remittance Form as a Co-obligant ]

To, The ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar-799210, Tripura (West). I hereby confirm that I have signedthe postdated cheques towards the payment of Instalments/EMIs in relation to this Fee Remittance Form. I undertake not to countermand these cheques andalso to honor all these cheques on due dates towards the Instalment facilit/EMI facility. I am over 21. I understand and I am aware of my liability as aco-obligant for Instalments/EMIs of the applicant. I agree that I will settle the amount with the ICFAI University whether or not the applicant continues inthe Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare thatthe information provided by me below is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agreeto the rules and regulations and my financial responsibilities. My details are as under.

Name : Mr / Ms _________________________________________________________________________________________________________________________(Use capitals) (As it appears in Official Records, Underline Surname)

S/o / D/o ____________________________________________________________________________________________________________________________

Occupation ___________________________________________________________________________________________________________________________

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

Cell _________________________________________

Place : Date :

Signature of the person signing the cheques as a co-obligant

(iv)

Date Month YearDate of Birth: 1 9

(iii) The postdated cheques enclosed are signed by [Please tick (✓)] Me Other person (If in case of other person, please fill item no.(iv) given below):

4. DECLARATION: I have carefully read the rules and regulations as given in this Document and Application and agree to abide by the same. I understand that these rules areonly indicative and may be modified/changed/revised and the complete list of rules and regulations as updated from time to time will be given to me on my enrollment in theform of Students Regulations Book. I agree not to countermand and to honor all the postdated cheques enclosed by me towards the Instalment facility/EMI facility. I understandthat in case I withdraw from the program I will not be entitled to claim any refund of amount paid. I agree that I will settle the amount with the ICFAI University whether ornot I continue in the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that theinformation 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 rulesand regulations, including “Legal Aspects”, and my financial responsibilities.

Place: Date : Signature of the Applicant

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

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