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Faculty of Management and Commerce

Faculty of Management Studies

FMS is a constituent unit of the ICFAI University Tripura (IUT). FMS is committed to provide quality education and training in the field of management. It helps the students develop managerial and entrepreneurial competence through their exposure to real business problems, case-based analysis and industrial interaction.

FMS of ICFAI University Tripura offers Master of Business Administration (MBA), MBA in Rural Management and MBA in Healthcare Management at Post Graduate (PG) level and Bachelor of Business Administration (BBA) at Under Graduate (UG) level.

The MBA Course offers dual specialization where students can take up one specialization as a major and the other as minor. The specializations offered in MBA are Marketing, Finance, Human Resources, Operations, Supply Chain Management and Business Analytics.

MBA is a two years full time course which comprises of 108 credits while BBA is a three years full time course which comprises of 121 credits.

Faculty Resources

The FMS Department of ICFAI University, Tripura comprises of faculties drawn from the best of institutes all across India. There is a rich blend of faculties with extensive teaching, research and industry experience. The faculties of IUT are well known for their well acclaimed contribution in research, consultancy and development of case studies. They are ranked very high in terms of lecture delivery and imparting of knowledge.

FMS faculty members play a significant role in ensuring quality education through student-centric interactive teaching. The faculty members bring their extensive knowledge, professional experience and advanced education to their classroom interaction. Faculty members use a judicious mix of both theory and practice in the classrooms to give the best of training and knowledge to the students.

Facilities :

Smart Classes:
The FMS Department of ICFAI University Tripura have Smart Classes which have Internet enabled audio-visual devices and screens to deliver high impact learning. The Faculties use a rich blend of PowerPoint Presentations and Interactive Videos to make the classes more interesting. It has been found that the use of audio visual technology not only helps the students to understand and grasp the learning in a better way; it also makes the classes very interesting.

Computing Facilities

FMS has high technology state-of-the-art computing lab that provides the latest hardware and software infrastructure to cater to all the computing needs of the students and the training requirements of the information technology courses. The campus is enabled with high speed Wi-Fi technology that provides free access to all students. The Department also provides online access to learning materials and research journals which help the students conduct research for their projects in a more effective and professional manner.


FMS library is equipped with comprehensive collection of over 50,000 books, CDs, videos, and over 100 Indian and international print/online journals/magazines and research reports, relating to management and allied subjects. The library contains world class magazines like ‘Harvard Business Review’ and ‘The Economist’ and also the best of Indian and ICFAI University Journals. FMS subscribes to several academic online databases like ProQuest, Cabells Directory and industry databases like the World Development Indicators, CMIE Prowess databases and business and research oriented online databases like Reuters Business Insights and Marketline.

Incubation Lab:

ICFAI University Tripura has recently established an Incubation lab where students are encouraged to put forward innovative ideas and business proposals. The Faculty Guides and Industry Guides associated with the Incubation Lab help the students to implement the projects as well as to get funding and arrange for resources to start and run the business in a successful manner.

Placement Cell
The Placement Cell is a part of the Industry Academics Interface that helps the students to get good Summer Internship Projects (SIP) and get employment opportunities in good companies. The Placement Cell is active round the year in organizing Written Tests, Mock Interviews, Screening Exercises, Guest Lectures and Campus Visits by top corporate leaders from all across India.

The Placement Cell has been successful in bringing top companies like TCS, L&T, GENPACT, Tata Trust, Wipro, Airtel, Reliance Jio, Indigo Airlines, Big Bazaar, HDFC Bank, ICICI Prudential, Pran Beverages, Bajaj Capital, Asian Paints and many others for campus recruitments. The students have been successful in getting multiple offers every year with attractive packages and challenging assignments.

IUT has also signed an MOU with INTERNSHALA, a company that provides support for Summer Internships and Final Placements to top Universities and Colleges all across India.

Alliances and Collaborations
ICFAI University Tripura has signed several MOUs with International Universities like Daffodil International University, Dhaka and International University of Business Agriculture and Technology, Dhaka. Association of Management Development Institutions of South Asia (AMDISA) has offered International Life membership to Faculty of Management and Commerce, ICFAI University Tripura. IUT is a Member of the Association of Commonwealth Universities (ACU), Association of Indian Universities (AIU) and Confederation of Indian Industry (CII). All these alliances and collaborations help to enhance knowledge and experience of students and faculty members through joint research, academic collaboration and exchange programs.

Teaching Pedagogy
ICFAI University Tripura has the best of qualified and experienced faculties drawn from all over India to impart high quality of teaching in the Classroom. The University also goes a step further to complement classroom teaching with other activities that provide holistic learning. Some of them are given below:

Guest Lectures
FMS Department has a strong Industry Interface and we regularly invite the top notch CEO/Director/Vice Presidents and Entrepreneurs to deliver lecture to our students. MBA and BBA students get an opportunity to interact closely with them and understand the practical applications of various management and information technology concepts and ideas. This also helps the students to do networking with Industry Leaders and create job opportunities in future times.

Industry Visit
Industry Visits are organized for students at regular intervals to give them a practical idea of the application of the theoretical knowledge that is provided within the precincts of the classroom. Students are taken in batches to various industries where they can experience firsthand about the work processes and how things are managed for better productivity and profitability.

Seminars and Conclaves
FMS Department organizes Seminars and Conclaves at regular intervals where academicians, research analysts and industry experts from all over India participate and present their research papers. The Seminar on Entrepreneurship organized this year saw participation from research scholars from Bangladesh, Nepal and African Countries. The Seminar on Women Empowerment conducted last year also had participation from top Universities all across India and abroad.

Live Projects
To reinforce the learning, the students are encouraged to do live projects in different domains like marketing, finance, human resources and operations. The involvement in live projects helps the students to understand about the challenges faced by the corporate world in business and also develop strategies to resolve the same.

Summer Internships
As a part of course curriculum, every student has to compulsorily undergo 45 days Summer Internship in a company. The Summer Internship helps the students to get practical exposure and experience in a company which ultimately helps them to get good placements in reputed companies. The Summer Internship is done under the guidance of experienced faculty to ensure proper focus and implementation.

Soft Skill Training
One of the special features of FMS Department is focus on Soft Skill Training. The Soft Skill Trainers help the students to groom their personality and make effective presentations. Students are taught both verbal and non-verbal communication as well as written and oral communication so as to develop themselves into an effective leader and manager to meet future challenges.

Every student is unique and they need individual attention to groom their personality and hone their skills. At FMS, Students are assigned mentors who give personalized attention to understand the problems faced by students and give suggestions to resolve them. This individualized mentorship helps the students to gain confidence and score good marks and complete the course with high level grades.

List of the FST Placement companies
Aces Infotech PVT LTD
Agartala Hospital & Research Centre PVT LTD
Blank Keyboard Softwares PVT LTD
C&B Ecogen PVT LTD
Centre for Microfincance & Livelyhood
Concierge Technology PVT LTD
DCC & Babul Nath (JV)
Goldfruit Infotech PVT LTD
Hitech Cos
India Earthmoving Spares Corporation
Insyssky Softech Private LTD
Jai Hind Projects LTD
Meghalaya Cements LTD
NABARD Consultancy Service PVT LTD
NB Institute for Rural technology
Nile Stream Info Techonologies PVT LTD
Orion Edu tech 
Quess Corp Limited
Railtech Infraventure PVT LTD
SLK Software
Technofab Engineering LTD
Technomax Engineering PVT LTD
Times Globacom (P) LTD
Tripura Natural Gas Company Limited
Winnou Systems & Services (P) LTD
Zestech Global PVT LTD
List of the FMS Placement companies
Apex Strategic Consulting PVT LTD
Bajaj Capital
Basix Consulting & Technology Services PVT LTD
Basix Sub - K iTransactions LTD
Confederation of Indian  Industry 
Emami Limited 
Future Retail Ltd
GA Digital Lab World (P) LTD
Gomati Milk Producers 
Grifeo Technology
Hitech Cos
Indigo Airlines
Indo East Corporation PVT LTD
Indus Integrated Info Mgt LTD
Insyssky Softech Private LTD
Kutumbh Care PVT LTD
Mutha Industries PVT LTD
NB Institute for Rural technology
North East Small Finance Bank
Progressive Automobiles Pvt Ltd
Radiant Enterprise PVT LTD
Randstad India Pvt. Ltd 
SBI General Insurance 
Semida Redefining Education
SM Flow & Control PVT LTD
South Indian Bank
Steelsworth PVT LTD
Surge Force
Tripura Ispat
Ujjivan Small Finance Bank
Zestech Global PVT LTD


FMS Agartala, a constituent unit of the ICFAI University, Tripura (IUT). FMS is committed to provide quality education and training in the field of management.



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The ICFAI University, Tripura Kamalghat, Mohanpur, West Tripura - 799210, India.