The ICFAI University, Jaipur has been established under The ICFAI University, Jaipur Act, 2011 (Act No. 26 of 2011) passed by Legislative Assembly of Rajasthan. The University has been notified under Notification No. F. 2(26) Vidhi/2/2011 dated September 22, 2011. The University is sponsored by The ICFAI Society – a not-forprofit educational society established in 1984.

The ICFAI University, Jaipur is spread over an eco-friendly campus of 40 acres with total constructed built up area of over 3,53,000 sq. ft. (in addition to the large basement) in the foot hills of Aravalis with spick & span classrooms, laboratories, workshops, cafeteria, student welfare facilities, playground, etc. The library, with reading room capacity of over 200 students, possesses about 17,500 books, 98 journals and 7 Database. The campus is Wi-Fi enabled.