Established in 2007, FOSTIIMA Business School is a well-known management institute in Dwarka, New Delhi. It was founded by a group of alumni from the 1973 batch of IIM Ahmedabad, hence it got the name FOSTIIMA, which stands for "Friends of the Seventy-Three Batch of IIM Ahmedabad." The courses are aimed at assisting students in learning management, not from mere textbooks but through real business situations.
The idea was that education should combine theoretical knowledge with hands-on experience and exposure to industry while adding the practical ability to build careers. Over these years, this vision has shaped FOSTIIMA as an institute that brings together academic learning and practical insights that help students understand how businesses operate in the real wor ...
Established in 2007, FOSTIIMA Business School is a well-known management institute in Dwarka, New Delhi. It was founded by a group of alumni from the 1973 batch of IIM Ahmedabad, hence it got the name FOSTIIMA, which stands for "Friends of the Seventy-Three Batch of IIM Ahmedabad." The courses are aimed at assisting students in learning management, not from mere textbooks but through real business situations.
The idea was that education should combine theoretical knowledge with hands-on experience and exposure to industry while adding the practical ability to build careers. Over these years, this vision has shaped FOSTIIMA as an institute that brings together academic learning and practical insights that help students understand how businesses operate in the real world.
FOSTIIMA is approved by AICTE, which implies that it follows all standards set by the Indian government regarding management education. The institute is accredited by the National Board of Accreditation, a mark given to colleges for maintaining quality in teaching and academic processes. Another major recognition is that its PGDM program has been given equivalence by AIU, implying that PGDM from FOSTIIMA is treated just like an MBA degree awarded by any recognized Indian university.
This helps students who want to go abroad for further studies, appear for government examinations, or apply for certain job positions that require an MBA. The institute also has academic linkages and corporate collaborations that support learning through industry-based sessions and projects.
FOSTIIMA Business School, other than its flagship PGDM course, offers an undergraduate BBA course. BBA is a three-year full-time degree targeted at students who wish to start their management journey right after finishing Class 12. This course provides a strong foundation in the study of business by teaching marketing basics, financial accounting, business communication, and organizational behavior, including entrepreneurship and economics in an easy-to-understand manner.
The aim of the BBA program is to prepare students early, so that once they enter the job market or move for higher studies like PGDM or MBA, they already have clarity, confidence, and practical understanding of how business works. Teaching is pretty similar to the PGDM structure because the same experienced faculty of IIMs and IITs often take classes for BBA students too. Students get exposure through presentations, group projects, competitions, workshops, and personality development sessions that help them build communication skills and leadership qualities right from a young age.
Though PGDM remains the most recognized program of FOSTIIMA, the BBA course has steadily gained popularity because it provides a smooth and advanced stepping stone into postgraduate management studies. It especially fits those students who are sure about building a corporate career and want early guidance and structured training with strong academic support before they enter some specialized management program later.
The minimum requirement for admission is 50 percent marks at graduation and a valid score in one of the following exams: CAT, XAT, CMAT, MAT, GMAT, or ATMA. Admission is rather easy for the student. Applicants have to fill in the online form, share academic details, and state their entrance exam score. The institute then shortlists students based on these factors and invites them for a group discussion and personal interview.
The tuition fee for the two-year PGDM course is approximately ₹10.95 lakhs. This covers tuition fees, study material provided, library access, workshops, seminars, and academic activities. The hostel charges are different depending on the kind of accommodation selected. The institute further assists students in availing scholarships, fee relaxations, and education loans in case they need financial support.
FOSTIIMA enjoys strong placement assistance. The placement cell remains active throughout the year and builds relationships with companies across different sectors. Recruiters from consulting, IT, finance, analytics, banking, and FMCG industries visit the campus every year. Companies like Deloitte, ICICI Bank, Axis Bank, HDFC Bank, BlackRock, and Wipro have recruited campus students. Students are trained for interviews, resume building, communication skills, and group discussions. The highest salary package has touched around ₹32 lakhs per year, and the average salary generally ranges from ₹6 to 11 lakhs depending on the specialization.
