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Awards won by The ICFAI Group

Economic Times
The Brand Story
Elets Technomedia Award
Brand Vision


Presented to:

Institute of Chartered Financial Analysts of India (ICFAI)

Awards/Participations/ Scholarly Presentation/ Conferences (National/ International)


  • The Association of Indian Universities AIU nominated Dr. Jagannath Patnaik, Hon’ble Vice Chancellor of the ICFAI University Sikkim on the equivalence Committee of the Association.
  • Appointed as the member of Board of Governor of the ICFAI University Sikkim for a period of three years.
  • Member of Association of Indian Universities (AIU) and has taken a lead in the direction of Higher Education.

Accolades 2022-23

  • Hon’ble Vice Chancellor Dr. Jagannath Patnaik was felicitated at Bangalore State Guest House by Hon’ble Ministers, MLC, MLA Ex MP, Vice Chancellors RSS functionaries and educationalist.
  • Award for Achievement of Excellence in the Field of Management by Council of Academic Research and Education Organisation, Ministry of Corporate Affairs.

Participations 2022-23

Attended the Sikkim Sabha Start UP 20 on 18-19 March 2023.

Addressed an online HRD Lecture series on Mental Peace and Happiness on 17th March 2023 to All India Income Tax Officers of the country.

Attended G20 Meet held at Gangtok on 16th March 2023. He also had an opportunity to meet the delegates from different G20 countries.

Called on Smt. Droupadi Murmu, Hon’ble President of India during her visit to Sikkim on the 9th November 2022.

Attended the National Conference of C20 Vasudhaiva Kutumbakam at Gangtok Sikkim on 13th May, 2023 as Guest of Honour

Attended the Motivational Workshop on Corporate Peace organised by International Leadership and Peace Academy at Hotel Ramada as Special Guest on 20th January 2023.

Attended meeting with Secretary & General Secretary AIU on the November 10th 2022.

Attended a programme organized by NBBGC “Inspire 2022” as Guest of Honour on 22nd August 2022.

Attended the Higher Education Conclave organized by ICC Odisha Chapter as Guest of Honour on 9th August 2022.

Attended the Health and Hygiene Workshop as a Chief Guest at B.M. Gange Girls Sr. Secondary School 21, Raj Niwas Marg New Delhi. July 25th 2022.

Attended the Higher Education and Skill Conclave on 31st July 2022 in New Delhi as Keynote Speaker on the topic “Educating India Practice Orientation of Liberal Arts, Social Sciences and Pure Sciences Education”.

Called on the Vice Chancellor of Punjab University Chandigarh Dr. Raj Kumar to discuss all possible collaboration between both the institutions.

Called on Hon’ble former Chairman of UGC Dr. Rajasekharan Pillai and Vice Chancellor IUH Baddi.

Dr. Patnaik gave discourse on Human Values and character education. July 17th 2022.

Had a courtesy meeting with Hon’ble Governor of Karnataka Shri Thhhwar Chand Gehlot and discussed about education reforms and the role of Governor’s office on the selection of appointment of Vice Chancellors of State Universities on July 15th 2022.

The Hon’ble Vice Chancellor Dr. Jagannath Patnaik of the ICFAI University Sikkim met Prof Tariq Khan Registrar of International Arbitration and Mediation Centre, Hyderabad and discussed the collaboration of programs in mediation and arbitration.

Guest and Speaker in the International Conference on Strategies for Strengthening Industry-Academia Linkage: Practicability and Implications organized by Internal Quality Assurance Cell , Sant Hirdaram Girls College, Bhopal , Research Foundation of India & RFI Care from 2nd-3rd August, 2022.

Hon’ble Vice Chancellor Dr. Jagannath Patnaik of the ICFAI University Sikkim with the Hon’ble Governor of Sikkim Shri Ganga Prasad on August 25th 2022 and discussed the various initiatives of higher education and teacher’s appreciation during the celebration who are creating leaders for the society

Attended the All India Vice Chancellor’s Conference at Bharathiar University Coimbatore and Mysore University Karnataka along with the Hon’ble Governor of Tamil Nadu and Hon’ble Governor of Karnataka. It was also attended by 200 other Vice Chancellors of different Universities.

Hon’ble Vice Chancellor Dr. Jagannath Patnaik, the ICFAI University Sikkim attended a programme organized by NBBGC “Inspire 2022” as Guest of Honour.

Attended as a Special Guest and Speaker in the motivational workshop on Corporate Peace organized by International Leadership and Peace Academy in Collaboration with Sikkim Entrepreneurship and Economic Development Cell on 20th January, 2023.

HRD Expert Lecture Series on Mental Peace and Happiness om Mental Peace and Happiness for Organisational Effectiveness organized by Directorate of Human Resource and Development Central Board of Direct Taxes on 17th March, 2023.

HRD Expert Lecture Series on Mental Peace and Happiness om Mental Peace and Happiness for Organisational Effectiveness organized by Directorate of Human Resource and Development Central Board of Direct Taxes on 17th March, 2023.


Awards & Recognitions

ICFAI University has been awarded the Pan India Educational Excellence Award in the category of Leading Private University in India for Business Management, Technology and Law Courses instituted by the Brands Academy, New Delhi.

The prestigious award was presented by Indian Chess Grandmaster and former World Chess Champion Mr Vishwanathan Anand, in a gala Award Ceremony held at Mumbai on 31st May 2014.

To receive the award Mr Sudhakar Rao, Director, Branding, ICFAI Group and Dr S P Gupta, one of the Vice Chancellors in ICFAI Group represented the Institute. While receiving the award Mr Sudhakar Rao thanked the Brands Academy and exulted that it has been presented by none other than Grand Master Viswanathan Anand.

"As you are all aware Brands Academy is the only organization in India to offer an unparalleled platform to provide recognition and exposure to the efforts of institutions, professionals and organizations in contributing towards the economic growth of the country and making Indian youth more employable so they can access meaningful employment opportunities explained Mr S K Sahu, Vice President, Brands Academy."

About Brands Academy: Brands Academy is a premier brand management consultancy in India. The Portfolio of Brand Academy includes design and development of brand strategy and brand architecture, name development, market research and implementation of brand positioning and repositioning campaigns to win the hearts of different target audiences.

Educational Excellence Awards were conceptualized in the year 2010 by Brands Academy in association with renowned media partners, with the aim to felicitate people who have and are dedicating their skills and themselves in the noble cause of imparting education to the society. We recognize the deserving candidate, group or institute across the country on various parameters and from a diverse categories, and acknowledge their contribution in the growth of the education sector. The market research study was conducted by Brands Academy to select the winner in the month of March 2014.

The ICFAI Group has been recognized as a Great Place to Study in India on June 24, 2014 at the House of Commons, London, United Kingdom. The award has been presented by Bob Blackman, Member of Parliament, UK to ICFAI Group represented by Mr. Sudhakar Rao, Director, Branding. SkillTree Knowledge Consortium constituted these awards which in its communication said, "With true sense, your institute is a great place to study not only for Indian students but also for global students. Your vision and excellence practice have allowed us to count you as face of Indian higher education."

While receiving the award Mr. Sudhakar Rao said, "on behalf of the ICFAI University, I am deeply honoured to receive the prestigious award especially presented at the House of Commons. This award will no doubt increase our commitment towards quality education benchmarks and is a befitting reward to the several innovative steps the University has taken to achieve quality higher education. The University offers a balance between academic, co-curricular, extracurricular and social activities to help the students become well-rounded persons with concern for the society."

Skill Tree Great Place to Study is an international academic auditing and research wing that studies, recognizes and felicitates great institutions of international standard. It is a bi-annual recognition and India's only international award and felicitation platform. It has a thorough scrutinizing process of rigorous research and auditing, and a dedicated jury that goes about its task scrupulously. To ensure that the credibility of the process is not compromised, there are also in place high-end transparent benchmarks for the selection of institutions. The objective is to highlight institutions that offer excellent world class education.

The high-profile gathering saw senior representatives from over 20 of India's most prominent colleges and universities interacting with esteemed UK Public personalities, business leaders and academicians from education sector.

The ICFAI Group

Pioneering professional education for over 35 years

ICFAI was established in 1984 as a not-for-profit society with the broad objective of empowering citizens through world class quality education. The Institute announced its arrival into the Indian education fora by launching a high end, innovative professional program in financial analysis in 1985. The Program was first-of-its-kind in India, aimed at equipping students and working professionals with cutting-edge knowledge in contemporary areas of finance. Since its establishment, ICFAI Group has made a significant mark in the Indian educational field with a pan-Indian network and presence.

Innovation has been the mainstay of ICFAI Group with innovation prevalent in its programs and even its culture. Subsequently, there was a big leap when ICFAI Group started its chain of business schools (IBS) across India in 1995 to offer management program. Since its inception, IBS has been consistently ranked among the top ranked B-Schools of India providing excellent academic delivery and infrastructure to its students and transforming them into leaders for the future.

Another example that is a testimony to the culture of innovation is the introduction of Case Study methodology at IBS. The Case Research Center at IBS, has become a center of excellence and has won several accolades across the world.

ICFAI Group has 2 Strategic Institutional Units, the ICFAI Universities and the ICFAI Business Schools. In all the programs offered across these units, the emphasis is on adherence to academic rigor and differentiated curriculum that bridges the industry – academia gap

ICFAI Group focuses on learning rather than instruction. In addition, the institute is engaged in important areas of research covering environmental sustainability, agricultural economics, health policy, financial economics, banking, intellectual property rights etc. There have been path-breaking research and good quality publications in these areas.

Flexible and tech enabled learning also plays an important role in ICFAI’s teaching methodology. The delivery takes place with the use of hi-tech learning management system at campus programs and content delivery for distance learning through online medium.

ICFAI Group practices the value of academic integrity at all levels. As a policy, admissions are purely based on merit and there is nothing like capitation fee et al. The fee payable is published in the application material and that remains unchanged.

The ICFAI Group’s culture of teaching and learning supports and fosters intellectual and personality development among its graduating students. They carry an attitude of ownership of their work. ICFAI Group strives to make the students - DOERS. The programs are designed such that the students & professionals graduating from the institution have the ability to take risks, make decisions and own the work. ICFAI Group strongly believes in developing an ‘entrepreneurial mindset’ among its graduating students.

At ICFAI, students inculcate research and analytical orientation due to its institutional strength and support for the research and development activities. Holistically, the student undergoes a transformative change. The alumni of ICFAI Group are working in renowned companies world-wide. Collectively, ICFAI Group alumni contribute significantly to the growth story of India.