Indian Institute of Commerce and Trade — what it is, and what it awards
Most people arrive at this page asking whether IICT is UGC approved. IICT is an autonomous, non-UGC institution operating legally since 1997, registered under the Societies Registration Act 1860 — and it offers two clear routes. For an MBA degree, IICT facilitates admission to partner universities such as Subharti University and Amity University, and the university awards the degree. For its own Corporate MBA, IICT awards an MBA Diploma (Master’s Diploma in Business Administration) itself.
How IICT compares
- IGNOU MBA vs IICT
- Symbiosis Online MBA vs IICT
- Symbiosis SCDL PGDBA vs IICT
- Amity Online MBA vs IICT
- NMIMS Online MBA vs IICT
- Manipal Online MBA vs IICT
- LPU Online MBA vs IICT
Frequently asked questions
Is IICT UGC approved?
IICT is an autonomous, non-UGC institution operating legally since 1997, registered under the Societies Registration Act 1860. It awards its own Corporate MBA (MBA Diploma). For a UGC-recognised MBA degree, IICT facilitates admission with Subharti University and Amity University, and the university awards the degree.
Is a diploma worth less than a degree?
They are different instruments rather than better and worse. Until the IIM Act took effect in 2018 the IIMs were themselves registered societies awarding a PGDM — a post-graduate diploma, not a degree. What matters is whether the specific employer or authority you are dealing with requires a university degree as a matter of policy.
Who awards the MBA degree if I take admission with IICT’s guidance?
The university. IICT facilitates MBA degree admission with Subharti University and Amity University; the degree is awarded by the university at the university's published fee, and instalment options are available.
The full comparison is in MBA degree vs MBA diploma.