The ICFAI University, Dehradun, Uttarakhand (hereinafter referred to as the University) was established under the ICFAI University Act 2003 (Act No.16 of 2003) passed by the Uttaranchal Legislative Assembly and assented to by the Governor on July 08, 2003. Government Gazette, Uttaranchal

The ICFAI University, Dehradun, Uttarakhand is sponsored by the Institute of Chartered Financial Analysts of India (Icfai), a non-profit educational society established in 1984 under the Andhra Pradesh (Telangana Area) Public Societies Registration Act, 1350 F (Act No.1 of 1350F), with the objective of imparting training in finance and management to students, working executives and professionals in India.

The ICFAI University, Dehradun, Uttarakhand is included in the list of universities maintained by the University Grants Commission (UGC) under Section 2(f) of the UGC Act, 1956, vide their letter No. F.9-26/2003 (CPP-I) dated July 22, 2005. The Distance Education Council (DEC) has approved the programs of the ICFAI University, Dehradun.