ICFAI
Encyclopedia
The Institute of Chartered Financial Analysts of India (ICFAI Society) was established in 1984 as a not-for-profit educational society in Andhra Pradesh
Andhra Pradesh
Andhra Pradesh , is one of the 28 states of India, situated on the southeastern coast of India. It is India's fourth largest state by area and fifth largest by population. Its capital and largest city by population is Hyderabad.The total GDP of Andhra Pradesh is $100 billion and is ranked third...

, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. The institution has been offering quality education to students across the country through its various programs in the field of higher education. The institution was founded by pioneers in private education - N.J. Yasaswy
N.J. Yasaswy
N.J. Yasaswy was a well-known writer on Finance and investments areas, and the founder member of ICFAI University. He was an advisor to many government and non-government organizations in the state of Andra Pradesh, India...

, Besant C. Raj
Besant C. Raj
Besant C. Raj is a well-known Management and Financial consultant in India and abroad, and the founder member of ICFAI University. He was an advisor to many government and non-government organizations in the state of Andra Pradesh, India...

 and Dr. Prasanna Chandra, the Director of Centre for Financial Management.

With the sponsoring and establishment of eleven universities across the country, the institution today has a good national presence. Ten of these eleven universities have been established in the states of Uttarakhand, Tripura, Jharkhand, Mizoram, Nagaland, Sikkim, Meghalaya, Chhattisgarh, Rajasthan and Himachal Pradesh through acts passed by the legislative assemblies of the respective states. The eleventh university, namely the Icfai Foundation for Higher Education (IFHE), has been declared as a deemed-to-be University under Section 3 of the UGC Act, 1956. A few more university applications are at an advanced stage of processing by the respective state governments.
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