Welcome to the Bachelor Degree and Master Degree Programs offered by the Institute of Chartered Financial Analysts of India University, Meghalaya

Applications received from the students are checked for the basic eligibility criteria and the eligible students are enrolled into the program. The applications received from students awaiting final year results or those who do not have the certificates readily for submission, will also be processed and enrolled into the program. However, such students will have to submit the relevant certificates of the qualifications claimed in the application as soon as they are made available to such students.

Enrollment of Foreign Citizens: The admission into the flexible learning programs are not open to foreign citizens due to visa restrictions. They may write to the Registrar for guidance on this matter.

If the applicants do not satisfy the eligibility criteria, the applications are returned to them along with all enclosures and the amount paid after deducting Rs. 500. Such students are, however, permitted to apply again after they subsequently satisfy the eligibility criteria. The amount once paid is not refundable under any circumstances, except in the case of rejected applications.

All students who are enrolled into the program will be provided with the Students Regulations Book which contain the various rules and regulations pertaining to administering the program and the examinations.

The applicants are required to pay the fee as indicated in the Fee Schedule. The remittance can be done by way of Demand Draft or Credit Card. Demand Draft should be in favor of "IUCF A/c FLP" payable at Shillong, Meghalaya. For EMI facility please refer to Fee Schedule.

The amount once paid is not refundable under any circumstances, except in the case of rejected applications.

The University reserves the right to amend the rules and regulations wherever considered necessary and appropriate. Such amendments will be intimated to the students. Therefore, this publication and the descriptions contained herein are not to be construed as a contract binding the University to any specific policies. Possible changes include, but are not limited to passing requirements, eligibility criteria for examinations, payment schedule, refund policy, curriculum and course content, examination pattern, certification and designation, and such other matters as may be considered relevant.

Legal Aspects

The Institute of Chartered Financial Analysts of India University, Meghalaya (hereinafter referred to as the University), is established under the ICFAI University Act, 2005 under the sub-Section (2) of Section 4 (Act No. 12 of 2005) in the State of Meghalaya. Consequently, the University confers degrees at Bachelor’s, and Master’s levels on eligible students subject to the University Regulations.

The University reserves the right to change the body of knowledge, prescribed books, the curriculum, examination pattern, evaluation system, rules and regulations. The students are governed by the latest regulations applicable to them during the relevant academic year. This document is designed to provide the prospective students with information only. The University assumes no liability of any kind to any person for providing this information, whether or not such persons rely on it and even if they inform the University of their reliance on it.

This document may contain forward-looking statements like, but not limited to, general market, macro-economic, governmental and regulatory trends, technological developments, legislative developments, court decisions, scope for further studies, career opportunities for graduates from the University. Such forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. The University undertakes no duty to update any forward-looking statements, to reflect future events or circumstances.

Enrollment Agreement: The "Application Form for Enrollment" is the Enrollment Agreement (hereinafter referred to as the Agreement) between the applicant who wishes to enroll on a flexible mode and the ICFAI University, Meghalaya (hereinafter referred to as the University).

Entire Agreement: This Agreement constitutes and expresses the entire agreement and understanding between the University and the students of the University in reference to all matters herein referred to, all previous discussions, promises, representations and understandings relative thereto, if any, had between the parties hereto, being herein merged.

Interpretation: The masculine, feminine or neuter gender and the singular or plural number shall be deemed to include the other gender or numbers where the context so indicates or requires. Unless otherwise expressly provided, references to days, months or years are to calendar days, months or years. Person or persons include individuals, partnerships, corporations, government agencies or other entities. Section headings are included for convenience only and are not to be used to construe or interpret this Agreement.

Conclusion of the Agreement: The Agreement is irrevocably concluded after the applicant signs the application form and submits it along with the required amount, physically, electronically or otherwise.

No Third Party Beneficiaries: Enrollment of any student into the UG Degree and PG Degree Programs, shall not entitle any person (including, without limitation, members) to any rights as third party beneficiary.

Balance of Dues: The liability of the student to pay the balance of dues continues until the last instalment is cleared even if the student, for any reason, withdraws from/discontinues the pursuit of the program. 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 mark sheets, pass certificates will not be issued. Further such students will be considered as inactive on the rolls and their names are liable to be removed from the records.

No Obligation to Services, etc.: The University has no obligation to render any services to the student members beyond the period of validity of enrollment. To clarify further, no obligation of the University shall survive beyond the period of validity of enrollment.

Limitation of Liability: The liability of the University towards the students is limited only to the extent of the fee paid by them. To clarify further, the University shall not be liable to the students for punitive, exemplary, special, indirect, or consequential damages, including without limitation, lost profits.

Assignment: The students cannot assign this Agreement nor any part thereof the University may, without necessity of the students' consent, assign its rights and obligations under this Agreement to a successor organization.

Force Majeure: The University shall not be liable for delay or failure in performance of any of its obligations under the Agreement when such delay or failure arises from events or circumstances beyond the reasonable control of the University (including without limitation, acts of God, fire, flood, war, explosion, sabotage, terrorism, embargo, civil commotion, acts or omissions of any government entity, supplier delays, decisions of the University, decisions of the courts and governments, communications or power failure, equipment or software malfunction, or labor disputes).

Indemnity: A student agrees to indemnify, defend and hold the University harmless from and against any and all loss, damage, liability and expense (including reasonable attorney’s fees and costs) arising out of any third party claim, action or proceeding based directly or indirectly on the acts of omission or commission by the member or his/her agents, the breach or alleged breach or failure to comply with any applicable laws or regulations, concerning the practice of profession of management/commerce/arts/sciences/law/education.

Arbitration: All disputes relating to or arising out of this Agreement for Enrollment shall be settled by reference to arbitration only and not by recourse to the courts of law, as per the applicable Indian Law including the Arbitration and Conciliation Act of 1996. Arbitration shall be conducted by an arbitration tribunal consisting of a single member only. The University’s nominee shall be the ‘persona designata’ as an arbitrator. The venue of arbitration shall be Shillong, Meghalaya, India. The arbitration clause shall however not apply if the University and/or the authorized agent decides to prosecute any student for any criminal offences, including but not limited to dishonor of postdated cheques.

Applicable Law: he Agreement shall be deemed to have been made in Shillong in the State of Meghalaya, India and shall be construed and enforced in accordance with and the validity and performance hereof shall be governed by the laws of the State of Meghalaya, India without reference to principles of conflict of laws thereof. Judicial proceedings regarding any matter arising under the terms of the Agreement shall be brought in the relevant courts of Shillong, Meghalaya.

Jurisdiction for all disputes (if any) relating to the University is only/exclusively Shillong, Meghalaya, India.