A method, system, and apparatus for classifying intangible assets are provided. The method includes determining an objective of classification. The method further includes constructing, via a processor, a Discriminant Analysis (DA) model using one or more test sets of intangible assets. The DA model includes one or more discriminant functions operable to classify the one or more test set of intangible assets into two or more groups based on a set of attributes associated with one or more intangible assets of the test set of intangible assets to meet the objective of classification. Thereafter, the method includes classifying a target set of intangible assets via the DA model.