The MBA-CFA Dual Degree Program offered by the ICFAI University, Tripura prepares men and women with the skills, knowledge and strategic perspectives essential to the leadership of business anywhere in the world.

Two Streams

The Dual Degree Program consists of two streams: MBA and CFA.

The MBA stream is designed to provide both a portfolio of strong functional skills and the ability to apply, adapt, synthesize and integrate those skills into different management settings. The CFA stream provides an indepth understanding of financial analysis. The knowledge of which can be applied in banking and financial services sector and practice areas like strategic finance, mergers and acqusitions, risk management and consulting.

Through the Dual Degree Program, the students may acquire two career-oriented professional qualifications in management and financial analysis and also save precious time. Instead of the normal duration of 4 years (two years for MBA and two years for CFA) the students of the Dual Degree Program may complete the same in 27 months.

Eligibility

Graduation (any discipline) with 55% and above aggregate marks. CAs/CWAs (with a bachelors degree) are also eligible to apply. CAs/CWAs are eligible for waivers in
4 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, Pension Funds

  • Financial Markets

  • Strategic Finance

  • Mergers and Acquisitions

  • Risk Management

  • Management Consulting

For those aspiring to pursue fast-track careers in the sunrise sectors, the Dual Degree Program is the most suited. The MBA stream prepares them for management/leadership positions. The CFA stream coupled with appropriate choice of electives in MBA stream gives them deep financial insights. This will be a unique skill-set combining analysis and synthesis; operations and strategy.

Duration: 27 months.

Medium of Instruction: English.

Students who have pursued their degree program in non-English medium are advised to undergo proper preparatory courses in Business English so that they can cope with the Dual Degree Program.

Validity of Enrolment

The students are required to complete Stage I of the Dual Degree program within a maximum period of three years from the date of enrolment. Students who are unable to complete Stage I within three years, but are still keen on continuing in the program, are required to register de novo by paying the requisite fee.

360o Flexi-mode

The dual Degree Program is based on study and examinations, with 306o flexibility for students.

The MBA Stream

Objectives

The MBA stream aims to improve the students' capability to manage. On completion of the program, students are expected to have acquired:

  • a systematic approach to identification of business problems and their solutions.

  • analytical, problem solving and decision-making skills.

  • the ability to make competent decisions.

  • soft skills for becoming effective managers.

  • the skills necessary for the potential senior manager, techniques in finance, marketing, manufacturing, human relations, information technology and strategic planning.

  • familiarity in applying these tools in business like situations.

  • a broad knowledge of concepts, policies and techniques applicable to efficient administration and management of business.

General Management Focus

In a business environment characterized by rapid change, managers must necessarily be flexible and adaptable. The MBA stream seeks to prepare managers to cope with this change. It is this philosophy which has led to the MBA stream adopting a general management approach. This approach will help students develop a broad foundation of skills and knowledge in the diverse functional areas of business management.

The CFA Stream

Objectives

The CFA stream has following broad objectives:

  • To improve the ability to develop a framework for financial analysis and to rationally evaluate alternatives for purposes of decision-making.

  • To deepen insights into practical applications of financial analysis in a dynamic investment environment.

  • To encourage aspiring financial analysts equip themselves with the latest tools and techniques.

  • To develop contemporary body of knowledge and skill-set and make them available for those seeking rewarding careers in the investment industry era of globalization.

Focus Areas

The focus areas of the CFA stream include financial markets; analysis and valuation of financial instruments; asset allocation and portfolio management; management of mutual funds, hedge funds, pension funds and other funds.

The Common Approach

The Dual Degree Program follows the following distinctive but inter-related approaches :

  • Basic Knowledge aimed at improving students' understanding of certain fundamental phenomena and relationships underlying the changing world of management.

  • Tools and Techniques are required to equip students improve their analytical ability and power of integration and synthesis in the context of management.

  • Application Areas linking the theoretical studies to the practical problems faced by managers.

  • Professional Ethics aimed at inculcating in the students an ethical approach in their professional interactions and a sense of personal, corporate, and social responsibilities.

Exit Option

The students of the Dual Degree Program can exercise the exit option after successful completion of Stage I. Depending on their choice they may exit from the Stage II of MBA stream and continue in Stage II of CFA stream; or the otherway round. Then they pay reduced fee as applicable to the MBA or CFA stream as per their choice.

Waivers

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

A pass in the CFA stream

Leads to waivers in the MBA stream

Financial Accounting

Accounting for Decision Making

Economics

Business Economics

Financial Management

Financial Management

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

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

MBA Stream

Subject

Eligibility for Waiver

Business Economics

MA (Economics)

IT & Systems

B.Tech, BE, MCA

Accounting for Decision Making

CA, CWA

Business Law

CA, CWA, CS, BL

 

CFA Stream

Subject

Eligibility for Waiver

Financial Accounting

CA / CWA

Economics

MA (Economics)

Quantitative Methods

M.Sc (Statistics)

Financial Statement Analysis

CA / CWA

 

CAs/CWAs

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

MBA

CFA

  • Accounting for Decision Making

  • Business Law

    •

  • Financial Accounting

  • Financial Statement Analysis

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

 

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Kamalghat, Sadar, West Tripura - 799210, India.  Tel: 0381-2865755/56/57/58   Fax: 0381-2319381