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 innovatively launching the CFA Program in 1985. The CFA Program was a unique program in finance aimed at equipping students and working professionals desiring a contemporary finance qualification to help them in the competitive corporate world. Since its establishment, ICFAI Group has made a significant mark in the Indian educational field with a pan-Indian network and presence.