ICFAI UNIVERSITY ICFAI - MBA ( Distance Learning Program ICFAI was established in 1984 as a not-for-profit society with the broad objective of empowering citizens through world class quality education. ICFAI has establlished 11 Universities across India. ICFAI is recognised by UGC (United Grants Commission) and DEB (Distance Education Board) Course Objective : The primary objective of the program is to develop business leaders for the 21st century. The course prepares you to handle the wide range of challenges inherent in managing organizations in a dynamic world. Student opting for this Tailor made Program can be specialized in their own field .