FOSTIIMA Business School, located in Dwarka, New Delhi, is a well-regarded private management institute established in 2007 by alumni of the Indian Institute of Management (IIM) Ahmedabad. The name FOSTIIMA stands for “Friends Of Seventy Three of IIM Ahmedabad,” reflecting its roots in one of India’s premier management institutions. The school is AICTE-approved and offers a two-year full-time Post Graduate Diploma in Management (PGDM), designed to prepare students for leadership roles in the corporate world.
The campus is situated in a prime location in Sector 9, Dwarka, with excellent connectivity via the Delhi Metro—just a short walk from the Dwarka Sector 9 station. The college offers a modern learning environment with air-conditioned classrooms, a well-stocked library, a cafeteria, hostel facilities, and conference rooms. FOSTIIMA also places a strong emphasis on experiential learning, leadership development, and industry exposure through workshops, corporate talks, and an international exposure program.
FOSTIIMA offers PGDM specializations in areas such as Marketing, Finance, Human Capital Management, Operations, and International Business. The fee for the PGDM program (2025–27 batch) is ₹10.95 lakhs, which includes components like an International Exposure Program and a Team Building & Leadership Camp. The admission process accepts scores from exams like CAT, XAT, CMAT, or its own FEAT (FOSTIIMA Eligibility and Aptitude Test), along with graduation marks. Applicants must have at least 50% in their undergraduate degree, and final-year students can also apply.
In terms of placements, the school has built strong industry connections and reports a solid track record. For the 2022–24 batch, the average package stood at ₹11.02 LPA, with the highest package reaching ₹25 LPA. Top recruiters include Deloitte, ICICI Bank, Axis Bank, Cognizant, Wipro, Asian Paints, Aditya Birla Capital, and Citibank, among others.
FOSTIIMA’s approach blends academic rigor with real-world applications, making it a solid option for students looking for a management education in Delhi NCR, particularly those aspiring to benefit from the ethos and mentorship of IIM alumni.
Courses Offered:
FOSTIIMA Business School offers a two-year full-time Post Graduate Diploma in Management (PGDM) program. The program is AICTE-approved and provides students with a comprehensive understanding of management principles, preparing them for leadership roles in various industries.
Fee Structure for PGDM (2025–27):
The total fee for the two-year PGDM program is ₹10,95,000. The fee is structured as follows:
Registration Fee: ₹75,000 (payable immediately upon receipt of the offer letter)
First Installment: ₹2,50,000 (payable within 30 days of registration)
Second Installment: ₹3,00,000 (payable by or before August 14, 2025)
Third Installment: ₹2,00,000 (payable on or before January 15, 2026)
Fourth Installment: ₹1,50,000 (payable on or before June 14, 2026)
Fifth Installment: ₹1,20,000 (payable on or before August 1, 2026)
Inclusions:
The fee covers several essential components to enhance the learning experience:
Laptop, Books & Study Material: Provided to each student.
Team Building & Leadership Camp: An offsite program designed to develop teamwork and leadership skills.
International Exposure & Educational Program: A 4–5 day program offering interaction with students and faculty from universities in the Middle East or Far East. A valid passport is required for participation.
Advanced Industry-Oriented Certifications: Courses such as Business Analytics, Digital Marketing, Predictive Analytics, and Six Sigma Green Belt.
Cutting-Edge Technology Courses: Topics including Artificial Intelligence (AI), Machine Learning (ML), Blockchain, and Virtual Reality.
Scholarships:
FOSTIIMA offers scholarships to meritorious students:
FOSTIIMA Select Group Scholarships: Based on performance in CAT/XAT/CMAT and academic records.
75–80 percentile: ₹2.50 Lakhs
80–85 percentile: ₹2.75 Lakhs
85–90 percentile: ₹3.25 Lakhs
90–95 percentile: ₹4.00 Lakhs
Above 95 percentile: ₹4.25 Lakhs
FOSTIIMA Academic Scholarships: Awarded to students with 60% or above in 10th, 12th, and Graduation.
Scholarship Amount: ₹25,000
Application Process:
Application Form: Available online at the official website or in person at the admissions office.
Application Fee: ₹1,200 (payable online or via demand draft).
Required Documents:
Application Form duly filled.
Photocopies of transcripts (Certificates & Mark Sheets at school & graduation level).
Self-attested passport size photographs.
Photocopies of CAT/XAT/GMAT/CMAT/FEAT Score Sheet.
Eligibility Criteria:
A minimum of 50% marks in graduation.
CAT/XAT/GMAT/CMAT/FEAT scores.
Final-year students can apply, provided they submit proof of graduation by September 30, 2025.
FOSTIIMA Business School Delhi – Admission Process (PGDM 2025–27)
FOSTIIMA Business School, Delhi, follows a structured and transparent admission process for its AICTE-approved two-year PGDM program. Here's a step-by-step breakdown:
🔹 Eligibility Criteria
Academic Qualification:
Graduation in any discipline with minimum 50% marks from a recognized university.
Final-year students can apply, but must provide proof of graduation by September 30, 2025.
Entrance Exams Accepted:
CAT
XAT
CMAT
GMAT
FEAT (FOSTIIMA Eligibility & Aptitude Test – for those who haven’t taken other tests)
🔹 Application Process
Apply Online or Offline:
Online application available at www.fostiima.org
Or visit the campus to apply in person.
Application Fee:
₹1,200 (can be paid online or via demand draft)
Documents Required:
Filled-in Application Form
Graduation mark sheets (or latest year result for final-year students)
Entrance exam scorecard (CAT/XAT/CMAT/GMAT/FEAT)
Passport size photographs
Proof of identity (Aadhar/PAN card, etc.)
🔹 Selection Process
Shortlisting:
Based on entrance exam scores and academic performance.
Group Discussion (GD) and Personal Interview (PI):
Conducted at the campus or virtually.
Evaluates communication skills, leadership potential, and domain knowledge.
Final Selection:
Based on composite score of:
Entrance Exam Score
GD-PI Performance
Academic Background
Work Experience (if any)
Extracurricular Achievements
🔹 Post-Selection
Offer Letter: Issued to selected candidates.
Acceptance & Registration: Pay the registration fee of ₹75,000 to confirm your seat.
Fee Payment: Remaining fee is paid in installments as per the structure shared in the offer.
FOSTIIMA Business School in Delhi is officially recognized by the All India Council for Technical Education (AICTE), which is the primary accreditation body for technical and management education in India. This AICTE approval ensures that the institution adheres to the prescribed standards of curriculum, faculty qualifications, infrastructure, and overall academic quality.
It's important to note that while NAAC (National Assessment and Accreditation Council) and NBA (National Board of Accreditation) accreditations are valuable for institutions offering undergraduate and postgraduate programs, they are not mandatory for conducting PGDM (Post Graduate Diploma in Management) courses. The AICTE approval suffices for the legitimacy and recognition of PGDM programs.
FOSTIIMA Business School, Delhi, has demonstrated a strong placement record for its PGDM program, with consistent improvements in both average and highest salary packages over recent years.
📈 Placement Highlights (2022–24)
Placement Rate: 100% for the 2022, 2023, and 2024 batches.
Highest Salary Package: ₹25 LPA (Domestic & International).
Average Salary Package:
2022: ₹9.40 LPA
2023: ₹10.76 LPA
2024: ₹11.02 LPA
Median Salary Package (2024): ₹11.50 LPA.
🏢 Top Recruiters
FOSTIIMA attracts a diverse range of recruiters from various industries:
Banking & Finance: ICICI Bank, Axis Bank, Kotak Mahindra Bank, ICICI Prudential, IDFC Bank, RBL Bank, Tata Capital.
Consulting & Analytics: Deloitte, BlackRock, Protiviti, TresVista, Hansa Research.
FMCG & Retail: Nestlé, ITC, Mondelez, Asian Paints, Britannia, Decathlon, Reliance.
Technology & IT Services: Wipro, Infosys, TCS, S&P Global, Naukri.com, Jaro Education.
Others: PepsiCo, MRF Tyres, JK Tyres, Berger Paints, Prism Johnsons Cement.
🧭 Industry & Domain Distribution (2024)
By Industry:
BFSI: 44%
Consulting: 29%
Logistics: 7%
FMCG/Retail Marketing: 6%
Real Estate: 3%
Product Manufacturing: 5%
By Domain:
Finance: 40%
Marketing: 23%
Research Analyst: 17%
Operations: 8%
Sales: 6%
HR: 6%
🧑🎓 Alumni Success Stories
Notable alumni placements include:
Kunal Mittal – Management Trainee, Khimji Ramdas (₹25 LPA)
Jyotika Chhabra – Management Trainee, Square Yards (₹16 LPA)
Sheikh Mohd. Musaf – Business Development Associate, BYJU’S (₹12 LPA)
Neelam Pandey – Management Trainee, ICICI Prudential (₹8 LPA)
🏫 Placement Support Infrastructure
The Corporate Resource Centre (CRC) at FOSTIIMA plays a pivotal role in bridging the industry-academia gap. The CRC organizes:
Guest lectures and seminars
Industrial visits
Mock interviews and resume-building sessions
Aptitude training and career counseling
These initiatives are designed to enhance students' employability and prepare them for competitive job markets.
FOSTIIMA Business School, Delhi, has garnered recognition in various national rankings, underscoring its commitment to quality management education.
📊 National Rankings
Outlook India Rankings:
2025: Ranked 167th among top management institutes in India.
2024: Ranked 171st.
2023: Ranked 174th.
India Today Rankings:
2020: Ranked 152nd out of 292 MBA colleges in India.
🏆 Awards & Recognitions
ABP News: Awarded as the "Outstanding B-School in North India."
Open-C Fore Surveys: Recognized as the "Top Business School in India for Campus Placement."
Bhaskar Lakshay: Ranked 6th among top B-schools in North India.
Mail Today: Honored as the "Top of the Mind Business School in Delhi NCR."
These accolades reflect FOSTIIMA's dedication to providing quality education and fostering successful placements for its students.
FOSTIIMA Business School in Delhi offers a modern and well-equipped campus designed to foster academic excellence and holistic development. Located in the peaceful and green surroundings of Dwarka Sector 9, the campus provides a conducive learning environment for students.
🏫 Campus Infrastructure
Classrooms: Air-conditioned and spacious, equipped with smart boards, LCD projectors, and comfortable seating arrangements to facilitate interactive learning.
Library: A well-stocked library with over 15,000 books, journals, and magazines, including digital resources accessible to students.
Computer Labs: Advanced computer labs with high-speed internet connectivity, multimedia projectors, and other audio-visual aids to support academic and research activities.
Wi-Fi Connectivity: The entire campus is Wi-Fi-enabled, providing students and faculty with high-speed internet access to support academic pursuits and collaborative projects.
🏋️♂️ Sports & Fitness
Sports Complex: Facilities for various indoor and outdoor sports, including basketball, badminton, and table tennis, promoting a healthy and active lifestyle.
Gymnasium: A well-equipped gymnasium available for students who wish to maintain physical fitness alongside their academic commitments.
🍽️ Dining & Accommodation
Cafeteria: A spacious and hygienic cafeteria serving a variety of nutritious and delicious food and beverages, catering to the diverse tastes of students and faculty.
Hostel Facilities: Separate and modern accommodation facilities for boys and girls, located within walking distance from the campus. The hostels are equipped with modern amenities such as Wi-Fi, 24-hour security, and laundry services.
🏥 Health & Safety
Medical Facility: A medical room with basic first aid facilities and a qualified nurse to attend to any medical emergencies on campus. In case of a serious medical emergency, the school also has tie-ups with nearby hospitals for immediate medical attention.
🎓 Additional Facilities
Auditorium & Seminar Rooms: Equipped with high-quality sound systems, projectors, and other audio-visual aids, these spaces are used for hosting guest lectures, workshops, and seminars, ensuring students have exposure to industry leaders and professionals.
Parking Facility: Ample parking space is available for students and faculty who commute by private vehicles.
Transportation: The school provides transportation facilities for its students, with buses and other vehicles available to transport them to and from the campus.
FOSTIIMA Business School's campus is designed to provide students with a conducive learning environment, support their physical well-being, and ensure a well-rounded college experience. The infrastructure and facilities at FOSTIIMA help students excel academically and professionally.
