Prof O R S Rao
Vice Chancellor, ICFAI University, Jharkhand, in an interaction with Elets News Network (ENN), talks about the University’s journey, mission, courses offered, placement opportunities for students and more
When was your University established?
ICFAI University, Jharkhand, was set up in 2007 as a self-financing (private) University, under Section 2(f) of the UGC Act, 1956, after approval from the Jharkhand State Government. It was approved by UGC in December 2009 and classes started in 2010.
Why drove you to start the University in Jharkhand?
Ranchi is one of the best places for school studies, though a number of students tend to go to other states for higher/professional studies, as they feel the quality of education is better outside. Therefore, we wanted to offer quality education at affordable cost in Jharkhand, so that students can study locally.
Please share the mission of your University.
ICFAI University is committed to grooming students into competent professionals with values, as we believe competency and character are essential for a person to be successful and happy in life.
What courses are offered at the University?
We offer UG, PG and Ph.D courses in Engineering, IT and Management. These include Diploma in Technology (Polytechnic), BBA, BCA, B.Com (Hons), B.Tech, M.Com, MBA and Ph.D in Management (Part-Time).
What is unique about your courses compared to those of other universities?
Curriculum of all of our courses is latest and updated every year as per the industry requirements and technological developments. Besides knowledge, we focus on imparting requisite hands-on skills to our students through live projects and internships. Our students are groomed not only to take up jobs in corporate organisations but also to become entrepreneurs, depending on their interest.
Which all branches of B.Tech you have courses in?
We offer B.Tech in Civil, Mechanical, Computer Science, ECE and Mining. With several mining industries in Jharkhand, it offers excellent job opportunities for Mining graduates. That’s why we started Mining as a branch in B.Tech. We are one of the few institutions offering Mining branch in Jharkhand.
What about your B.Com (Hons) courses?
We offer B.Com (Hons) in three disciplines – Banking, Financial Services and Insurance (BFSI), Computer Applications, and Finance & Accounts, to make the students employable in BFSI, IT and Corporate sectors. Students can pursue higher studies in M.Com or MBA. All students of B.Com (Hons) undergo summer internships. We also offer placement assistance.
What is different about your Ph.D programme in Management?
Our Ph.D programme is designed keeping in mind the requirements of working professionals, who want to pursue doctorate without leaving their jobs. They only need to attend mandatory Course Work for two weeks at the campus. After that, they can work under the guidance of supervisor and co-supervisor at their own place.
How has been the placement record?
Our alumni have been working in sectors like IT, Telecom, Banking, Financial Services, Insurance, Manufacturing, Government etc., and reputed companies like Cognizant, HCL Technologies, Microsoft, Tech Mahindra, Wipro, Vodafone, Tata Teleservices, HDFC Bank, ICICI Bank, LIC, Cadbury, Hindustan Unilever, Pepsico, Larsen & Toubro, Mahindra and Mahindra, Tata Steel, Indian Army, Ranchi Mahanagar Nigam, Jharkhand Police, etc.
Do you offer any scholarships?
All the students domiciled in Jharkhand State get ‘domicile’ fee concession. Besides, students are awarded Merit Scholarships in first semester (up to 50 percent of semester fee), depending on marks in qualifying examination and subsequently on the basis of merit in semester examinations. In order to encourage girl students to pursue higher education, there is Special Merit Scholarship for Women, which is five per cent higher than the one for men