The ICFAI University, Dehradun (referred to hereafter as the University) was established in 2003 under the ICFAI University Act 2003. The University has been approved by the University Grants Commission, under Section 2(f) of the UGC Act, 1956. The Distance Education Council (DEC) has accorded recognition to the Directorate of the Distance Education, the ICFAI University, Dehradun and its programs.

The University is a member of the Association of Commonwealth Universities, London and the Association of Indian Universities, New Delhi.

The University believes in creating and disseminating knowledge and skills in core and frontier areas through innovative educational programs, research, consulting and publishing.

The University is functioning under the patronage of His Excellency the Governor of Uttarakhand as its Visitor and is administered by a Board of Governors headed by the Chancellor. The Board of Management is headed by the Vice-Chancellor. All academic matters are deliberated upon by the Academic Council.