The ICFAI Foundation for Higher Education is a deemed University established under section 3 of the UGC Act, 1956. It has evolved a comprehensive student-centric learning approach consisting of several stages, designed to add significant values to the learner's understanding in an integrated manner, covering relevant knowledge, practical skills and positive attitudes. The NIRF 2021 also ranked ICFAI Business School 27th in the 'Management' category. It is accredited by NAAC with a 'A' grade and is a member of the Association to Advance Collegiate Schools of Business (AACSB)-USA. It has been re-accredited by SAQS (South Asian Quality Standards), has a national-level CRISIL rating of A**, and an ICRA rating of EB2 IN.