Section 7: Objects of the University

The objectives for which the University is established are as follows:- (a) To provide instruction, teaching, training and research, in specialized fields of Finance and Management including Financial Analysis (leading to the CFA Charter and Designation), Accounting (leading to the CFA Certificate and Designation), Banking, Insurance, Financial Services, Financial Management, Business Management, Law, Education, Medical Sciences, various branches of Science and Technology and related subjects and make provisions for research, advancement and dissemination of knowledge therein; (b) To establish a campus in the State of Meghalaya, and to have study centers, campuses and examination centers at different places in India and abroad; (c) To offer continuing and distance education programs; (d) To institute degrees, diplomas, charters, certificates and other academic distinctions on the basis of examination, or any other method of evaluation; (e) To collaborate with other colleges or universities, research institutions, industry associations, professional associations including the Council of Chartered Financial Analysts and the Society of Certified Public Accountants or any other organization, in India or abroad, to conceptualize, design and develop specific educational and research programs, training programs and exchange programs for students faculty members and others; (f) To disseminate knowledge through seminars, conferences, executive education programs, community development programs, publications and training programs; (g) To undertake programs for the training and development of faculty members of the University and other institutions in India or abroad; (h) To undertake collaborative research with any organization in India or abroad; (i) To create higher levels of intellectual abilities; (j) To provide consultancy to industry, Government and Public Organization. (k) To ensure that the standard of the degrees, diplomas, charters, certificates and other academic distinctions are not lower than those laid down by AICTE/NCTE/UGC/MCI/DEC/DCI/INC and Pharmacy Council of India; (l) To do all things necessary or expedient to promote the above objectives; (m)To pursue any other objective as may be approved by the State Government.