The Institute of Chartered Financial Analysts of India (ICFAI) is a non-profit educational society based in India. Established to promote education in finance, management, and allied disciplines, the society has grown over the years into a network of academic institutions offering programmes at undergraduate, postgraduate, and doctoral levels.
| Name | Institute of Chartered Financial Analysts of India |
|---|---|
| Abbreviation | ICFAI |
| Type | Non-profit educational society |
| Country | India |
| Focus areas | Finance, management, and higher education |
ICFAI was founded as a not-for-profit society with the objective of imparting training in finance and offering qualifications relevant to the financial services industry in India. Over time, its scope was broadened to include a wider range of academic and professional disciplines, leading to the creation of affiliated business schools and universities under the ICFAI umbrella.
The society sponsors a group of higher education institutions, commonly referred to collectively as the ICFAI Group. These include several state private universities established under respective state legislations, as well as business schools situated in major Indian cities. The institutions offer programmes in management, finance, law, science and technology, education, and the humanities.
ICFAI is recognised among Indian non-profit educational societies for its role in expanding access to professional education in finance and management. Its sponsored universities and business schools contribute to the country's private higher education sector, with campuses spread across multiple states.