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ICFAI University Complaints - Cheated by ICFAI University

View all ICFAI University complaints

ICFAI University

Posted: 2007-11-20 by Vandana Sharma Send email
Cheated by ICFAI University
My name is Vandana sharma on 25-May- 2007 I got enrolled into an MBA program from ICFAI under enrollment number MBA2095481. My situation went bad and wanted to discontinue the program... on 20-May-2007 i wrote them stating that wont b able to continue this... but they denied stating that u'll have to continue this as I've signed the contract... what contract are we selling education... i am from a very poor family and cannot afford to continue further studies... but who understands... I paid Rs. 10000 as advance payment and for remaining fee I opted for EMI payment of fees of Rs. 4323/month for 18 months. I had one cheques at the time and the sales guy from ICFAI forced me that that particular day was the last date and told me that I can give one cheques for Rs 77,814, as a promise note that i will replace this cheque with 17 cheques for Rs. 4323/month within a month.

The residence address of that sales guy :-

Name: - Dheeraj Harpooj
mail id :- dheeraj_harpooj@yahoo.com
Contact no:- 09986208382
9873548190
AG/16, SHIVA ENCLAVE,
A-4, PASCHIM VIHAR NEW DELHI - 63

This is such a Stupid things in such a Democratic country this things has to be taken care by Hon. Supreme court of India and provide justice to the students and penalized these types of organizations.

ICFAI is the money making fake university. Beware of It.

Can some 1 help...
Read comments Add a comment

Comments

479 days ago by Rinku Sharma [send email]
ICFAI IS A VERY BAD UNIVERSITY AND BECAUSE ISNE MERI LIFE VERBAD KAR DI
475 days ago by Rakesh [send email]
i rakesh student of icfai school of information technology hyderabad pursuing mca from here.
and our college dean said that you are going to get a fake degree
at the last year of mca where should i go
i had invest n lots of money in fees as well as in accomodation
he(the dean) is not stating anything clearly
all the semester fees i had given
please take some legal action against these fake colleges
they are just spoiling the career of children
please help us
469 days ago by Laxman Savle [send email]
I had enrolled for MBA program in 2005, paid rs 10, 000/- as initial payment, and gave 18 pdc's each amounted to Rs 4030/-. I had cleared their 1st three group for which after which i received their certification of Diploma in Business Administraton. Now they are asking me to appear for group B & Group C again as they have changed their syllabus.
My last pdc bounced, which was replaced by payment through my credit card, for which is personally visited their Bandra (Mumbai) office. after the payment they allowed me to register and appear for Group B, C & D (B&C which was i supposed to be appearing again at first place). Now they have withheld my result stating that the payment made through my card is not credited to their a/c. First of all how is it then possible that the amounted debtited frm my account which shows icfai, and the same is reflecting in my cc statement which is have also made payment. I have also confirmed the same with my banker abou the corect credit. That to i personaly visited icfai branch and made the payment.
Inspite of repeated call and emails, icfai seems to be acting dump and have no concern for a students queries. A student who have so much hope for the institute that it will make their career, and the treat us this way, insipte of clearing payment all amt (85000/- approx) our hard earned money


lucky
460 days ago by Brijesh Pandey [send email]
This is not like that, ICFAI is a world wide famous and recognised university, It can't do such kind of silly things.This bad behave may be done from perticular person(sales person) .
I am from the same University, and I am proud to be an icfai'an.It had helped me alot to complete my PGDBA and MBA.

ICFAI is a great University...
460 days ago by Tapas Das [send email]
Hey You All,

Please go to http://www.ccccore.co.in/Complainant/CRegistration.aspx link and log a complaint. This is very effective. Or else why you all log a PIL against ICFAI. you also can send a mail to Supreme Court stating all the details. They will study your complain and if required govt will file a PIL against them. Inform some news channel also. you all can make a difference.

Thanks,
Tapas.
457 days ago by PAvnneetkaur [send email]
oops! i was thinking to get admission in the same one...
456 days ago by Tirthankar Bhattacharya [send email]
I am also a victim of ICFAI. I studied MBA in ICFAI Kolkata in year 2002-2004. It was a full time course of two years. They took three lakhs of rupees. Though the study materials and faculty was very good and the system was very nice the people I came across there are horrible. The Dean that time Mr Santanu Roy was really a rogue. One professor Mr Monodip Roy Chowdhury was my project guide in summer internship. During internship faculty members force students to be agents of private insurance companies .Perhaps they have some kind of vested interest in this affair. During my summer internship I joined one organization. Due to unavoidable circumstances in that organization's management I expressed interest to join such a pvt insurance co. That company asked me to join as agent .When I refused to be one they complained to ICFAI. I was about to face disciplinary action from ICFAI Kolkata without any reason when one finance faculty member named Mr Arup Chowdhury, happens to be acquainted to one of my close relative saved me. I know this happens with every student every year.They can only provide substandard placement in Insurance companies and private banks- not suitable/ just for an MBA passout. Most of the students get placed as insurance agents or credit card sellers after 'buying' education for lakhs. ICFAI market it as good placement providers whereas those who are well placed have got it on their own efforts and family references.

Now I have established myself as a professional in IT industry after research in II... Calcutta. ICFAI Kolkata failed to provide me any placement I nurture a strong animosity to ICFAI Kolkata because of people there. I have reccomended my corporate HR department and HR departments of other companies not to consider ICFAI as a recruitment base.


This is one side of the story. I still love professor D P Ghosh, Prof Arup Chowdhury, Prof Ashim Bose, Prof Kalyan Chatterjee. Wherever I am today is chiefly because of ICFAI Kolkata. Learning, education standard and infrastructure was very up to date there when I studied. I could get into II...Calcutta only because of ICFAI Kolkata. Dean was a wonderful finance teacher and a good edu-mentor. I must admit that. He was a good motivator too. I still remember Prof D P Ghosh's lecturers. I am continuing to go on because of ICFAI.
454 days ago by Krishna [send email]
Hi thank you very much for all of u i was planning to do my MBA in this university but now i hv decided not to continue with this thank you onceagain
447 days ago by Mr.X [send email]
ICFAI - INSTITUTE OF CHEATERS AND FRAUDS ASSOSIATION OF INDIA.
me a former employee of ICFAI.they cheating not only students.they cheating employees also
443 days ago by Amit Khanna [send email]
No, I think ICFAI is a gr88 University.

I lost my job few years ago as an Admin Exec. Later a friend suggested me to do CFA with them. After completing the course 2 years back, I am working with an MNC at a very good position.

Join ICFAI to make a serious career. ICFAI programs are tough and thats the reason very valuable in markets. You only need to make your payments on time.
443 days ago by Mahesh Pal [send email]
ICFAI has helped me and my friends get a very good paying job. I think it is the best program on correspondence. The staff is very helpful and supportive.

I recommend ICFAI to all.
442 days ago by Vaishnavi [send email]
ya i too agree. i m Vaishnavi doing ms 4m same university...but i want ot discontinue but they are telling we cannot return back ur money...now some issues has going on and they banned the university and i dont know whether we wil get back the amount...approximately 1 lac money gone...
441 days ago by Chaitanya [send email]
the icfai cheaters should be hanged in public for their actions
440 days ago by Balakishore [send email]
u r not the small kids to be cheated by icfai nd many of the people are being scarced with ur false statements
434 days ago by Narayana Gopi Nath Reddy [send email]
hi
all the friends it is good univer city
431 days ago by S.rakesh Mudiraj [send email]
I'm also one of the sufferers like you all, suffering because of ICFAI. I'm from chennai. My case is worse than yours. I
joined in June 2007, by paying 10, 000 and remaining in EMI(18 cheques) and in the month of july i got admission in another good college regular MBA, when i decided to discontinue the program and i went to meet the officials in Chennai office they said, u can withdraw from the program by paying the full money(Rs.78, 000). Who will pay for???? Mr. Dean of ICFAI will do so????? I clearly informed them not to present my cheque as i have given stop payment for the cheques which I've given. I've written more than 5 emails and 3 letters with acknowledgement to Hifco and ICFAI, but they kept on presenting my cheque. After that they have issued couple of legal notice and now they have filed a case against me. I have to present myself infront of the court on 27th December at Hyderabad. I'm seriously thinking of taking this issue to Press. Will it be possible by you to quote your example to press if i do so?? pls reply.
428 days ago by Gaurav [send email]
I think the measure stated by Geetha is the most effective way to get rid of this money sucking university. It is stated below:


Yes, I was also victim of ICFAI too. But have your guys ever did a study about how this game is played? ICFAI play safe. ICFAI will be no where in picture after u r enrolled when it comes to inst payments. It is the Finance company and you who appear in court.

The finance is provided by the third party and not ICFAI personal finance. So, they are playing safe.

The only way to get out of this is on 'MEDICAL GROUNDS'. Submit all your medical records to be eligible to withdraw the studies. Once you get confirmation that you are no more ICFDAI student then you can inturn sue the finance team for harassing and causing further health problem by NOTICE and calls etc...

Krantikari
Geetha.
427 days ago by Utkarsh A Chhaya [send email]
I THINK ANY UNIVERSITY IS NOT FOR MAKING "PROFIT". SO IF STUDENT WANTS TO DISCONTINUE FROM ANY COURSE THE UNIVERSITY SHOULD NOT CONSIDER OR TREAT IT AS "LOSS" AS IT IS NOT AN INDUSTRY BUT AN EDUCATIONAL INSTITUTE. I THINK ALL SUFFERERS SHOULD DO "CLASS ACTION SUIT " OR INDIVIDUAL COMPLAINT AS PER CONSUMER PROTECTION ACT AS STUDENT IS A "CONSUMER" OF ANY INSTITUTE. THERE ARE SO MANY CONSUMER ORGANISATIONS IN INDIA. ONE OF THE SAME I KNEW IS CERC. <www.cercindia.org>. please visit their website for detail.
426 days ago by SHAILESH [send email]
i have gone through a mental trauma by joining MBA program at ICFAI .


they are a big time cheaters they promised me with so many thing and gave me a false impression of the course structure.like-------
1)they told me that i can opt for dual degree which they denied later by saying that it is not possible.

2)they did not told me about the training classes that it is available only for three groups, which was also below par.

3)they told me only what payments to be made but when i realised that they charged me for job placement, which i did not want at all, i requested them to refund my fees for that but they simply denied.

4)they told me that my internship will begun immidietly after my c group at the place where i m studying but it was offered very late that too in hyderabad at our own cost for a month which is impossilbe.

there are so many more things. but could not get any help.

i think all of us should together form a group and take some actions againts them.

this is the height of disparaging education.

what do u say??????????/
424 days ago by Amit Dubey [send email]
i think u all r fool...coz ICFAI gives u a regular treated degree although u r studying in it part time...and independence to work and study too...n im doing very good with ICFAI...
amitdec87@in.com

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