The ICFAI University, Himachal Pradesh, (Baddi) has been established under the provision of the Institute of Chartered Financial Analysts of India University (Establishment and Regulation) Act 2011 (Act No. 43 of 2011) passed by the Legislative Assembly of Himachal Pradesh on June 17, 2011. The University is sponsored by The ICFAI Society - a not-for-profit educational society established in 1984.

The University offers career-oriented educational programs at Undergraduate, Postgraduate, and Doctoral levels in Management, Commerce, Law, Information Technology and Science & Technology.