The Institute of Chartered Financial Analysts of India (ICFAI) is a not-for-profit Society registered under the Andhra Pradesh (Telangana Area) Public Societies Registration Act, 1350 Fasli (Act I of 1350 F). Established in the year 1984 with an objective of imparting world-class high quality education. ICFAI has around three decades of exemplary track record in the field of higher education. It launched the certification program for Financial Analysts, the CFA Program in 1985 and has been instrumental in developing a new generation of professionals in India. In the year 1995 ICFAI set up the Icfai Business Schools (IBSs) all over India at eight locations to offer high quality employment oriented two years Post Graduate Programs in Management with various specializations. Over the years, IBS Hyderabad is ranked among the top ten B-Schools in India in the independent surveys conducted by various magazines. In keeping with its vision of fostering the growth of high quality higher education and to improve access, promote equity and to encourage excellence ICFAI has sponsored 11 Private Universities in different States leading to Pan-Indian presence of ICFAI Universities. ICFAI Group is one of the largest Private Universities Group in India.