FOSTIIMA
FOSTIIMA Business School is a private management institute located in Dwarka, Sector 9, New Delhi.
Founded in 2007, the institute is promoted by alumni of Indian Institute of Management Ahmedabad (IIM-A). The name “FOSTIIMA” stands for Friends of Seventy Three (PGP batch of IIM-A).
Approved by the All India Council for Technical Education (AICTE), Ministry of Education, Government of India.
The institution emphasises “industry‐ready” curriculum, case‐study and research driven learning, strong alumni/mentor network (especially from IIM/IIT) and aims to deliver management education with a modern approach.
The flagship program is the 2-year full-time PGDM (Post Graduate Diploma in Management) (equivalent to MBA) with multiple specialisations: Marketing, Finance, Human Resource Management, International Business, Operations & Analytics, Business Analytics etc.
Curriculum: Designed by the faculty and board (which include IIM alumni and industry experts), periodically updated to align with current business/industry needs. Emphasis on case-studies, project/workshop based learning.
Other offerings: In addition to core PGDM, there are additional certifications or modules for Digital Marketing, Predictive Analytics, Six Sigma Green Belt, Blockchain etc.
PLACEMENT HIGHLIGHTS
- Average package: ~ ₹ 11.02 LPA for recent batches.
- Highest reported package: ~ ₹ 25 LPA (in recent batch) at least domestically.
- Placement rate: Reportedly ~ 100% for eligible students in recent years (or very high) for core PGDM.
- Top recruiters mentioned: Deloitte, KPMG, TCS, ITC, Asian Paints, Godrej Capital (one highest package), IDFC Bank etc.
- Sector distribution: For one year, BFSI ~33%, Consulting ~15% (based on available public data) at least for PGDM batch.
Core and adjunct faculty are largely alumni of IIM (especially IIM-A) with significant corporate experience. The institute emphasises that “entire core faculty are IIM graduates”.
Infrastructure: The campus is in Delhi (Dwarka Sector 9), with modern classrooms, labs, library, seminar halls etc. Hostels are available (though often via nearby affiliated hostels) for students.
Strong branding: Being founded by IIM-A alumni gives it a distinctive “network” plus credibility in Delhi‐NCR for management education.
The PGDM program is well-structured, industry oriented, recent fees are transparent, placement data is reasonably good for its fee band.
Good mix of specialisations including analytics, international business, operations — adding modern relevance.
Location in Delhi NCR (Dwarka) offers access to corporate hub, metro connectivity etc.
Scholarship options for high performing candidates provide value