
Program Structure
The ICFAI Online MBA Program consists 21 courses with 14 core courses, 6 elective options from four streams, apart from a practicum/project. The well-crafted curriculum aimed at delivering the best online MBA program to the aspirants.
Core courses cover foundational, common functional and capstone areas that all potential managers need to appreciate. They provide the tools and frameworks for analyzing and defining the challenges from specific and integrative perspectives.
The elective options are provided for deeper learning in one or more streams namely Finance, Marketing, Human Resource Management and IT and Operations. They provide a deeper understanding of functional issues and possibilities useful in building better solutions.
In a world where change is the only constant, innovation is a critical business response to this change. Moreover, government and funding agency support is more than ever. In this context, the Entrepreneurship Practicum provides an opportunity to the student to leapfrog into the burgeoning world of startups/ ventures. It allows the student to examine a real world problem and come up with an innovative solution for it.
Nobody changes as fast as the customer. Innovation is a must do for all businesses today as a response to better solutions to changing customer needs. The Business Research Project is aimed at support the growing need in the corporate world to use business research as a vital tool in decision making. It allows the student to appreciate the research process and apply it for their chosen problem.
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Semester I
Subject Credits Management and Organization Behavior 5 Business Analytics 5 Foundations of Accounting and Finance 5 Business Environment 5 IT for Managers 5 -
Semester II
Subject Credits Economics for Business 5 Operations Management 5 Human Resource Management 5 Marketing Management 5 Business Communication 5 -
Semester III
Subject Credits Business Policy and Strategy 4 Financial Management 4 Elective I 4 Elective II 4 Elective III 4 Semester III Elective Options (Students can opt for 3 Electives from 17 Options)
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Semester III - Elective Options
The following elective options are being planned for Semester III:
- Global Financial Markets
- Strategic Finance and Corporate Restructuring
- Security Analysis*
- Risk Management in Banks*
- Services Marketing
- Strategic Marketing Management
- Sales and Distribution Management
- International Business
- Recruitment, Training and Development
- Performance Management and Reward Systems
- Strategic Human Resource Management
- Leadership and Change Management
- Digital Marketing
- SMACS Technologies for Business
- Services Operations Management
- Business Analysis*
- Artificial Intelligence*
* These electives will be offered for the students joining from April 2025 onwards.
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Semester IV
Subject Credits Management Control Systems 4 Business Ethics and Corporate Governance 4 Elective IV 4 Elective V 4 Elective VI 4 Entrepreneurship Practicum OR Research Project 4 Semester IV Elective Options (Students can opt for 3 Electives from 14 Options)
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Semester IV - Elective Options
The following elective options are being planned for Semester IV:
- Financial Services
- International Finance
- Wealth Management
- Fundamentals of Fintech
- Portfolio Management and Mutual Funds*
- International Marketing
- Retail Management
- Integrated Marketing Communications
- Organization Development
- Human Resource Planning and Audit
- HR Analytics
- Competency Mapping and Assessment *
- Big Data, Cloud and Analytics
- Supply Chain Management
* These electives will be offered for the students joining from April 2025 onwards.