ICFAI Institute of Science and Technology was formed in the year 1984 at Hyderabad and was called Institute of Certified Financial Analysts. Its main function was to look after the training and certification needs of the students who were interested to take up financial analysis as their career. Later on, the name of the institute was changed to The Institute of Chartered Financial Analysts of India. It is, at present, registered as a non-profit organization whose main aim is to give knowledge and training pertaining to finance and management to various students and the working professionals in India. ICFAI Institute of Science and Technology has built up more than 250 office branches all across India. It has become one of the most sought after Universities in India. It now has its presence even in Sri Lanka through the ICFAI Education Lanka or IEL which has been set up in Colombo. Apart from Sri Lanka, it has also entered into an official agreement with the state of South Australia to set up its campus in Adelaide. The ICFAI Institute of Science and Technology is present in the esteemed list of the University Grants Commission (UGC) and the Bar Council has also given its approval to the same. During the last fifty years or so India has seen tremendous amounts of growth in both science and technology. To cater to this ever growing demand of the industries, the ICFAI Institute of Science and Technology offers four year full time campus based B.Tech Degree Programme with various branches in the fields of Biotechnology, Computer Science and Engineering, Electronics and Communications Engineering, Electrical and Electronics Engineering and Mechanical Engineering.