The ICFAI University, Jaipur has been established under ICFAI University, Jaipur Act, 2011 (Act No. 26 of 2011) passed by Legislative Assembly of Rajasthan. The University is sponsored by The ICFAI Society -a not-for-profit educational society established in 1984. The University is a Member of the Association of Indian Universities (AIU), New Delhi.Campus Infrastructure: The ICFAI University, Jaipur is spread over an eco-friendly campus of 40 acres in the foothills of Aravalis with large classrooms, laboratories, workshops, cafeteria, student welfare facilities, playground, etc. The library, with a reading room capacity of over 100 students, possesses about 14,000 books and 91 journals. The campus is Wi-Fi enabled.