In 2011, ICFAI Tech admissions were conducted through the ATIT test, with a 10% lower cutoff for applicants from Jharkhand. Successful candidates received their offer letters by mid-July. The institution is known for its strong faculty team, with a faculty-to-student ratio of 1:10. Most faculty members are Ph.D. holders from prestigious institutions like IIT and IIM, and they provide substantial support for student placements. The fee structure for the 2011-2015 batch was INR 52,500 per semester, with a reduced fee of INR 33,000 for students from Jharkhand, paid via Demand Draft.
Students complete internships after their second year and in the first semester of their fourth year, with companies like BSNL and HEC Ranchi offering opportunities. In the seventh semester, students secure placements at companies like Croma IT Park, Rajdhani Power, and Tata Tisco, reflecting strong placement records. The overall fee structure totals INR 10 lakhs, with an annual cost of INR 2.5 lakhs and semester fees of INR 1.25 lakhs.
Hostel fees are INR 79,000, and the university assists in arranging educational loans through banks like Corporation Bank. The campus has two canteens with affordable pricing.
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