The ICFAI University, Jaipur has been notified by the Government of Rajasthan. The University believes in creating and disseminating knowledge and skills in core and frontier areas through innovative educational programs, research, consulting and publishing, and developing a new cadre of citizens with a high level of competence and deep sense of ethics and commitment to the code of professional conduct. The University is administered as per the relevant, Statutes and Rules. The Board of Management is headed by the Chairperson and has the President and others as members. The Academic Council chaired by the President is responsible for all academic matters.