What IICA does

IICA (Indian Institute of Corporate Affairs) is an autonomous, government-affiliated society registered in 2008 under the Ministry of Corporate Affairs (MCA), Government of India, headquartered on a 14-acre IMT Manesar campus in Gurugram with a newly acquired regional campus in Shillong. It functions as a think tank and capacity-building institution that delivers education, induction, and in-service training for the Indian Corporate Law Service alongside professional certification programs for the broader corporate-affairs ecosystem. Its portfolio spans the IICA Valuation Certificate Program (IVCP, 12-month / 30-module / IVSC-aligned, priced at Rs 2,00,000 + GST), the IICA Certified Mediator Program (ICMP, 100-hour online), the Advanced Professional Course in Competition Law (APC, 50+ hours), joint LL.M programs with NALSAR and NLUJAA, and the Post Graduate Insolvency Programme. It also maintains the Independent Directors Databank (~22,000 profiles) and runs advisory centres on CSR, ESG, responsible business, and business & human rights.

Name

IICA

Legal name

Indian Institute of Corporate Affairs

Website

https://iica.nic.in

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

251–500 employees

Short description

IICA is a Ministry of Corporate Affairs-affiliated autonomous institute delivering professional certification and capacity-building programs in corporate governance, valuation, insolvency, competition law, mediation, and ESG for Indian directors, valuers, mediators, and government officials.

Ownership category

akta.pro rank

Product category

Corporate Affairs Education & Training

NAICS

Executive, Legislative, and Other General Government Support (921), Professional Organizations (81392)

akta.pro primary industry

Continuing Education (CE/CPD) & Provider Accreditation Bodies (EDADACAF)

akta.pro secondary industries

National/Institutional Accreditors (Career, Faith-Based, Distance, etc.) (EDADACAB), International/Transnational Accreditation & Recognition Bodies (EDADACAG), Economic Growth, Trade & Private Sector Development Programs (BPADABAF)

Keywords

• Corporate governance training
• Valuation certification programs
• Executive education programs
• Alternative dispute resolution training
• Insolvency and bankruptcy education

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Professional Certification Programs: Revenue generated from fees for professional certification programs including IVCP (₹2,00,000 + GST), ICMP (₹50,000 + GST), APC Competition Law (₹88,500 total), and other specialized courses. Programs have tiered pricing for students, professionals, and sponsored participants.
2. Government Budgetary Support: IICA was established with government funding - initial approval of Rs 211 Crores during XI Five Year Plan. An expenditure of Rs 298.48 Crores was made till 2016-17 against budgetary provision of Rs 308.36 Crores. Operates as autonomous institution under Ministry of Corporate Affairs.
3. Sponsored Training Programs: Organizations sponsor their officials/employees for programs with group discounts available. Various PSUs, ministries, and regulatory bodies sponsor employees for capacity building programs.
4. International Participant Fees: Higher fees charged to international participants based on World Bank income classification: HIC $3,500, UMIC $3,000, LMIC $2,000, LIC $1,500.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels11 records

Core offering

IICA is a government-affiliated autonomous institution under India's Ministry of Corporate Affairs that delivers professional certification programs, executive education, and capacity-building services across corporate affairs domains. Its portfolio includes valuation certification (IVCP), mediation training (ICMP), competition law courses (APC), LL.M programs with partner universities, the Independent Directors Databank, and specialized ESG/CSR training for professionals, regulators, banks, and PSUs.

Product overview

IICA (Indian Institute of Corporate Affairs) is an autonomous institution under the Ministry of Corporate Affairs, Government of India, functioning as a think tank and center of excellence for the corporate sector. The institution offers a diverse portfolio of professional certification programs and executive education courses organized through multiple Schools and Centres. Key programs include the IICA Valuation Certificate Program (IVCP) - a 12-month IVSC-aligned valuation certification; IICA Certified Mediator Program (ICMP) - a 100-hour online mediation training; Advanced Professional Course in Competition Law; Post Graduate Insolvency Programme; LL.M programs in partnership with NALSAR and NLUJAA; and various ESG and corporate governance programs. The institution also operates the Independent Directors Databank (with 22,000+ directors), Centre for Business & Human Rights, Centre for CSR Excellence, and other specialized centers. The academic delivery is supported through a Learning Management System (LMS), campus immersions, and global faculty partnerships. IICA has trained over 5,000 executives across various programs and maintains regional presence through its North East Campus in Shillong.

Differentiator

Problem solved

Functional benefit

Products and services

• IICA Valuation Certificate Program (IVCP) A 12-month hybrid certification program aligned to International Valuation Standards (IVSC), consisting of 30 modules across 3 levels with campus immersions, global faculty, and tools access (Capital IQ, Stata, FIMMDA). Designed for board members, finance leaders, valuers, consultants, regulators, bankers, and decision-makers.
• IICA Certified Mediator Program (ICMP) A 100-hour comprehensive online training program on mediation and negotiation spanning 3 months with 10 modules, delivered by the Centre of Excellence in Alternative Dispute Resolution (CEADR). Certifies participants as IICA Certified Mediators upon successful completion.
• Advanced Professional Course in Competition Law and Market Regulations (APC) An online certification course in competition law and economics covering 8 modules with 50+ hours of virtual classes. Conducted by the School of Competition Law & Market Regulation, providing wide-angle overview of competition laws and principles of economics for in-house counsels, lawyers, CAs, and economics professionals.
• Independent Directors Databank A central digital repository of all Independent Directors in India, serving as the apex platform for capacity building of Independent Directors to enhance corporate governance standards. Contains approximately 22,000 directors including 6,000+ women directors and 2,700+ companies, with corporate search functionality and online proficiency self-assessment tests.
• Post Graduate Insolvency Programme (PGIP) A two-year graduate insolvency program conducted by the Centre for Insolvency & Bankruptcy, designed to foster interdisciplinary environment for professional education in insolvency and bankruptcy laws for insolvency professionals and resolution professionals.
• LL.M in Insolvency and Bankruptcy Laws A joint two-year residential LL.M program offered by NALSAR University of Law and IICA, focusing on corporate insolvency and bankruptcy laws and procedures. Conducts entrance examination PGIPCET for admissions.
• LL.M in Corporate Law and Management A joint LL.M program offered by National Law University, Judicial Academy (NLUJAA) and IICA, covering corporate law and management disciplines.
• Director's Certification Program in Corporate Governance A certification program conducted by the School of Corporate Governance & Public Policy for training directors and board members on corporate governance principles, board excellence, and regulatory frameworks.
• IICA ESG Professional Impact Leader Programme A professional program on Environmental, Social, and Governance (ESG) practices conducted by the School of Business Environment, training sustainability leaders on ESG framework implementation, BRSR disclosure, and CSR policy making.
• IICA Certified Arbitration Program (ICAP) Specialized arbitration training program conducted by the Centre of Excellence in Alternative Dispute Resolution (CEADR) for legal professionals seeking arbitration expertise and credentials.
• IICA Advanced Business Builder Accelerator An accelerator program for MSMEs conducted by the Centre for Micro, Small & Medium Enterprises, focusing on infrastructure and commercial real estate sectors, with capacity building at government and industry levels.
• School of Finance and Management Programs Executive education programs including Accelerated Management Program in Corporate Affairs (AMP-CA), Financial Intelligence for Directors (FID), Master in Economic and Financial Crimes (MEFC), Certificate Program for New Age Bureaucrats, Advanced Finance for Finance Professionals (AFFP), and Strategic Leadership Module. Over 80 executive education programs conducted with 5000+ executives trained.
• Three-Month Certificate Course in Insolvency and Bankruptcy Laws & Procedure An online certificate course on insolvency and bankruptcy laws and procedures, Batch 21, conducted by the School of Corporate Law for legal and insolvency professionals.
• Centre for Business & Human Rights Services Research and capacity building services focusing on UN Guiding Principles on Business and Human Rights, National Guidelines for Responsible Business Conduct (NGRBC), and National Action Plan development.
• Centre for Excellence in CSR & Corporate Citizenship Services Provides CSR policy making support, baseline surveys, need assessment, project design, real-time monitoring, and impact assessment services for companies, plus National CSR Awards administration.
• Centre for Responsible Business Advisory (CRBA) Services Provides ESG advisory services including gap assessment, materiality assessment, stakeholder consultation, and action plan formulation for corporates including MSMEs.

Quantifiable outcome

• 5000+ executives trained across programs
• +4 more outcomes

Named customers15 records

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered core and minor.

• International Valuation Standards Council (IVSC)coreStrategic or Co-development PartnerIVSC serves as academic member for IICA's Valuation Certificate Program (IVCP). The program is aligned to International Valuation Standards, providing global credibility. IVSC officials including Chairman David Tweedie and CEO Nick Talbot contribute to curriculum and masterclasses.
• NALSAR University of LawcoreStrategic or Co-development PartnerJointly offers LL.M in Insolvency and Bankruptcy Laws with NALSAR. Also offers LL.M in Corporate Law and Management with NLUJAA (National Law University Jalpaiguri). Programs conducted at IICA campus with NALSAR/NLUJAA faculty involvement.
• Insolvency and Bankruptcy Board of India (IBBI)coreGTM or Marketing PartnerIBBI recommends the IVCP program for registered valuers and insolvency professionals. Program includes specific modules on Valuation for IBC and insolvency proceedings. Joint efforts for professional competency development in insolvency ecosystem.
• SEBI (Securities and Exchange Board of India)coreGTM or Marketing PartnerSEBI recommends/sponsors professionals for IICA programs including Valuation and Competition Law courses. Officers from SEBI participate in programs. SEBI logos appear on IICA program pages as recommending organizations.
• Reserve Bank of India (RBI)coreGTM or Marketing PartnerRBI recommends/sponsors banking professionals for IVCP and other programs. Part of sponsoring organizations for valuation certification programs for financial sector professionals.
• Department of Financial Services, Ministry of FinancecoreGTM or Marketing PartnerDFS recommends programs for banking and financial sector officials. Part of recommending organizations for IVCP program along with DIPAM and DPE.
• Investor Education and Protection Fund Authority (IEPFA)coreStrategic or Co-development PartnerIICA works closely with IEPFA for investor awareness initiatives and financial literacy programs. School of Finance supports IEPFA activities for investor education and protection.
• National Financial Reporting Authority (NFRA)coreStrategic or Co-development PartnerCollaboration with NFRA for financial reporting standards training and capacity building. IICA supports NFRA initiatives for accounting and audit professional development.
• Singapore International Mediation Centre (SIMC)minorStrategic or Co-development PartnerStrategic partnership for cross-border mediation training and knowledge sharing. Hon'ble Chief Justice of Singapore Menon mentioned collaboration between India and Singapore in mediation practices.
• Centre of Excellence in ADR (CEADR) - InternalcoreStrategic or Co-development PartnerInternal center at IICA delivering ICMP (IICA Certified Mediator Program) with comprehensive 100-hour training on mediation and negotiation. Conducts specialized programs including IICA Certified Arbitration Program (ICAP).
• MCA (Ministry of Corporate Affairs)coreStrategic or Co-development PartnerParent ministry that established IICA and provides oversight, funding, and mandate for various initiatives including Independent Directors Databank, National CSR Awards, and Corporate Data Management.
• Lal Bahadur Shastri National Academy of Administration (LBSNAA)minorStrategic or Co-development PartnerIICA faculty serve as visiting faculty at LBSNAA for training of civil servants. Collaboration for executive education programs for government officials.
• G20/ Government of India InitiativescoreStrategic or Co-development PartnerActive participation in G20 events, Azaadi Ka Amrit Mahotsav, Digital India, Make in India, and Viksit Bharat 2047 initiatives. Programs aligned with national development priorities.
• Corporate/ PSU Partners (Multiple)coreGTM or Marketing PartnerMultiple organizations sponsor employees: Bank of Baroda, NHPC, ICICI Bank, NABARD, HPCL, Bank of India, GAIL, Union Bank of India, National Housing Bank, Stock Holding Corporation, NMDC, Punjab National Bank, Oil India, EXIM Bank, and others.
• Bangladesh InstitutionsminorStrategic or Co-development PartnerBangladesh Central Bank, Bangladesh Securities and Exchange Commission, and National Board of Revenue Bangladesh participate in IICA programs, particularly in mediation and corporate affairs training.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Indian School of Business (ISB): ISB is a premier private business school offering executive education and certification programs. Comparable as a provider of executive education to senior corporate professionals and government officials, though IICA focuses more narrowly on corporate affairs training.
• National Academy of Direct Taxes (NADT): NADT is the apex training institution for Indian Revenue Service officers under the Central Board of Direct Taxes. Comparable as a government-affiliated specialized training academy with similar capacity-building mandate for tax and finance professionals.
• National Insurance Academy (NIA): NIA is a Pune-based specialized training institution for insurance and financial services. Comparable as a society-led educational institution offering professional certification for corporate sector professionals with government and industry backing.

Direct peers

• Institute of Chartered Accountants of India (ICAI): ICAI is a statutory body under the same MCA framework providing chartered accountant certification in India. Directly comparable as a government-established professional certification body covering corporate finance, audit, and valuation domains that overlap with IICA's IVCP and other programs.
• Institute of Company Secretaries of India (ICSI): ICSI is a statutory body under MCA providing company secretary certification, with overlapping mandate in corporate governance, board compliance, and company law. Shares IICA's positioning as a government-affiliated professional certification body for corporate affairs professionals.
• Institute of Cost Accountants of India (ICMAI): ICMAI is a statutory body under MCA providing cost and management accountant certification. Closely comparable in structure (statutory body under MCA, professional certification focus) and competes with IICA in valuation and corporate finance training programs.
• Administrative Staff College of India (ASCI): ASCI is a Hyderabad-based autonomous institution providing executive education and capacity building for government officials and corporate leaders. Directly comparable as a society/registered institution delivering professional training programs with international participants.
• Centre for Advanced Financial Research and Learning (CAFRAL): CAFRAL is an RBI-established autonomous institution providing training for banking and financial sector professionals. Most directly comparable to IICA's School of Finance and Management with similar regulatory backing and finance professional training mandate.
• Lal Bahadur Shastri National Academy of Administration (LBSNAA): LBSNAA is India's premier civil services training academy under DoPT. IICA faculty already serve as visiting faculty at LBSNAA. Comparable as a government institution providing capacity building for IAS/ICLS officers and senior bureaucrats on corporate affairs and governance.

Regional players

• Singapore International Mediation Centre (SIMC): SIMC is a strategic partner of IICA's CEADR for cross-border mediation training. Comparable as a regional mediation training and certification body; SIMC serves the Singapore/Southeast Asia market while IICA's ICMP serves India and South Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/IICAOfficial
• YouTubeyoutube.com/channel/UCi1Pb2XdXqjHhn1JIRoSzMw
• LinkedInlinkedin.com/company/indian-institute-ofcorporate-affairs
• Instagraminstagram.com/iica.official

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IICA