With the advent of the information age and knowledge based economy, environmental changes have occurred in a way that universities are facing demands for transparency, accountability and flexibility. Answering these new demands requires new types of resources and new methods of management. In this regard, one of the new suitable tools is university intellectual capital management (ICM), which provides a framework for identification, monitoring, action and evaluation of the university intellectual capital (IC). Although considerable amount of research has studied the IC in general, there are few works which have attained an integrated cognition of university ICM. This study attempted to achieve this. Goal in this regard, after reviewing the various models of intellectual capital management, a model for university intellectual capital management is proposed and then employed in one of the top universities in Iran (Sharif University of Technology). The method used is descriptive through a survey. The society of study includes 300 faculties and 19 managers of Sharif University of Technology. The sample of study includes 103 faculties and 10 managers. Measuring instrument consisting of two questionnaires whose reliability and validity have been reviewed and approved. Data is analyzed by tests of one sample ‘t’ test and two sample ‘t’ test. The results show that faculties and administrators believe, that each of the ICM cycle processes (identification, monitoring, action and evaluation) and so the overall condition of ICM in Sharif university of technology is lower than average.