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The phenomenal growth of the business and the globalization of markets is reflecting in the increased business activities and operations and advances in management tools and techniques. A wide range of financial products, addition of new management strategies and development of new socio-economic concepts have changed the global competitive market and legal environment.

In the wake of these interesting developments and the growing importance of finance and management in various specialized areas, the Diploma Programs are designed to cater to the needs of the professionals and students who are interested in these areas.

Programs
The Diploma Programs are offered by the Directorate of Distance Education, ICFAI University, Dehradun in various areas of finance and management.

Diploma Programs in Finance

Mock practice questions to familiarize with computer based examinations will be provided to all enrolled students.

Grading System
Performance in the examination is indicated in grades as under for each subject:

Passing in a subject is based on relative grading in the examination.

Passing requirements
For successful completion of a subject, students will be required to secure at least ‘C’ grade. In the event of securing ‘D’ or ‘E’ grade in any subject, students will be required to re-appear for examination of that subject.

Award
All students who successfully complete the respective programs will be awarded the Diploma (in the respective discipline) by the ICFAI University, Dehradun.

Student Queries
Students may address their queries to ssd@icfaiuniversity.in for necessary clarifications.

Call Center Numbers
The call center numbers: 1800 103 0303, 1800 425 2911 are functional from 9.30 am to 6.00 pm from Monday to Friday. Students can call and seek advise/counselling and information.

Diploma in Talent Management
Effective talent management, the process of developing and integrating new employees along with developing and retaining current employees helps increase organizational efficiency and effectiveness and has a proven strong link to financial returns.

The program combines various aspects of human resource management that are essential for managing talent. It enables HR professionals to integrate the organization’s infrastructure of HR assessment, planning, and development tools and undertake a strategic analysis of their current HR processes. At the same time, the program provides the basics of aligning organization’s people with the current and future needs of the organization.

Diploma in Innovation Management
Innovation is the key to gain and maintain a competitive advantage in the business world. Innovation management is the discipline of managing processes by inventing or creating new ideas.

The program will expose students to gain experience in managing the innovation process by bringing new solutions from concept to widespread use. The program content is interdisciplinary and is of immense use not only to students but equally important to entrepreneurs, corporate managers, artistes, engineers and other professionals.

Diploma in Retail Management
Retailing is one of the largest and fast growing industries. The industry is one of the biggest sources of employment in most countries. Although the retailing industry has existed for centuries, it is only in the recent past that it has witnessed a tremendous growth. Government initiative for allowing Foreign Direct Investment (FDI) has helped the industry to grow faster.

Students in the program will understand how the industry and associated organizations effectively use their resources in areas of framing strategy, human resource management and marketing management. The program is aimed at giving knowledge about the current management techniques and concepts so that the students will develop effective responses to cope with market dynamics and analyze problems on an industry-wide basis. This is a perfect program not only for busy retail professionals who want to upgrade themselves but is important for entrepreneurs, fashion designers and other professionals.

Diploma in International Business
In today’s business environment, economic boundaries are shrinking fast. Growing distribution networks, supply chains, and transportation hubs have simplified the movement of products. The networks of worldwide financial institutions have reduced currency issues. With this change in global economy, it is essential that businesses understand the international markets, including how this impacts consumer behavior and business strategy.

Studying international business will help students understand diverse business opportunities and create a competitive advantage. This program is aimed at those students who wish to make a career in international trading organizations and working supervisors and managers for improving their employability opportunities by re-skilling in the area of international business.

Fee Schedule
(With effect from April 1, 2014 and valid for the Academic year 2014-15 only)

1. • Students are required to pay the fee as indicated in the Table above, either in Lumpsum, or through the EMI facility.
   
   
   • 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 “The ICFAI University, Dehradun - Fee Collection A/c” payable at Dehradun. Students can make the payment through Credit Card. They should get their Credit Cards swiped for the required amount, sign and attach the merchant copy of the slip along with the Fee Remittance Form and keep the customer copy with themselves (as acknowledgement). No cash payment to be made while enrolling into the program.
   
   
   • Credit Card information being confidential should not be shared with anyone while making payments for the program. Any students deviating from the above will be doing so at their own risk and responsibility.
   
   
2. Payment of Lumpsum fee – Through Credit Card EMI of HDFC Bank / ICICI Bank
   
   Credit Card EMI swipe: Facility of Credit Card EMI swipe is available on select credit cards, accepted by the EDC terminals of HDFC Bank and ICICI Bank, installed at the University Information Offices. Amount swiped would be converted into convenient EMIs of tenure of 3, 6, 9 and 12 months by the bank as per the option exercised by the card holder/student at the time of swiping the card.
   
   Based on the EDC Machine of the Bank used, processing fee will be charged either by the HDFC bank / ICICI Bank for availing the EMI facility from respective banks. EMI swipe is available only in case of full payment of program fee. Students who are making lumpsum payment can avail Credit Card EMI Swipe. Further details of the facility can be obtained from the Information Offices.


3. EMI facility for payment of fee:
   EMI facility is offered to all the students for payment of fee. Under this facility, payment can be made by submitting the PDCs.
   
   The initial amount should be paid by way of Demand Draft/Credit Card and the balance amount can be paid through submission of PDCs.
   
   
   • PDC facility*: Under this facility, the balance amount should be paid through post dated cheques. The postdated cheques should be in favor of “The ICFAI University, Dehradun - Fee Collection A/c”.
     
     *As per RBI guidelines, only CTS 2010 compliant cheques are accepted.
     The PDCs (CTS 2010 compliant) should be drawn on scheduled commercial banks. Only MICR and multi-city PDCs will be accepted. 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 students should enclose the postdated cheques (A/c payee crossed) along with the Fee Remittance Form and the Demand Draft/Credit Card slip for initial payment.
     
     Students availing the EMI facility are required to complete the Fee Remittance Form and enclose the Demand Draft / Credit Card charge slip and postdated cheques for the required amount.
     
     Students should note that only those Application Forms accompanied with the Demand Draft or Credit Card payment slip towards initial payment, and postdated cheques towards the EMI facility, will be considered as valid.
     
     Students submitting the postdated cheques should ensure that the postdated cheques should not be dishonored under any circumstances when they are deposited for payment. In the event of dishonor of any cheques, the students and the signatories of such cheques will be liable for prosecution under Section 138 of the Negotiable Instruments Act, 1881 and such other legal actions as may be taken by the University.
   
   
   • The University reserves the right to withdraw the EMI facility for payment of fee at any time.
   
   
4. The examination fee is to be paid separately as and when the student is eligible and register for the examinations. The fee is Rs. 500 per subject.
   
   
5. All students registering in the program are required to pay the stipulated payment as per schedule. Wherever students have arrears of payment, they will not be permitted to register for the examinations or their examination result will not be released and their grade sheets, pass certificates will not be issued; further such students will be considered as inactive on the rolls of the University and their names are liable to be removed from the records.
   
   
6. The fee is subject to change from time to time. Students will be informed of the payment revisions through e-mails, students regulations, etc. The students are required to pay the fee as may be prevalent in the relevant academic year. The fee indicated in this document is valid for 2013 academic year only.
   
   
7. Overseas Students:
   Students who wish to receive the courseware at their overseas address are required to remit US$75 per year towards overseas courier charges.
   
   There are no overseas test centers. Examinations at overseas may be arranged for the convenience of students wherever possible.
   
   Students who wish to appear for examinations at overseas center may contact the University (ssd@icfaiuniversity.in) for further details.