FORTUNE INSTITUTE OF INTERNATIONAL BUSINESS
FIIB was established in 1995 in Delhi.
Location: Plot No. 5, Rao Tula Ram Marg, Vasant Vihar, New Delhi-110057.
It is a private business school approved by the All India Council for Technical Education (AICTE) and holds other accreditation(s) including recognition by Association of Indian Universities (AIU) for its equivalent-to-MBA PGDM programmes.
The institute emphasises that its PGDM programme (and a specialisation in Financial Management) are the flagship programs.
COURSES & ACADEMIC STRUCTURE
- The key programmes offered include:
- PGDM (Post Graduate Diploma in Management) – 2-year full-time.
- PGDM-FM (Financial Management) – also 2-years full time, specialised.
- Fellowship Programme in Management (FPM / PhD-equivalent) – 3 years.
- Some specialised / certificate programmes (for example in Business Intelligence & Data Analytics) in partnership scenarios.
- Admission criteria usually include: a bachelor’s degree (with minimum ~50% aggregate), plus entrance exam scores such as CAT, XAT, CMAT, MAT, ATMA etc., followed by GD/PI (Group Discussion / Personal Interview).
- Pedagogy: The institute emphasises experiential learning, industry linkage, strong infrastructure (e-library, smart classrooms, employability labs) and holistic student development.
Fee Structure
· For the batch 2026-28, the PGDM / PGDM-FM programme total academic fee is set at ₹ 11,55,000 (for two years) excluding refundable caution money and other charges.
· Earlier batches or different sources list slightly varying fee figures (for example ~ ₹ 8.75 lakh for older batch) depending on year.
· One example: For PGDM-FM: same fee ~ ₹ 11.55 lakh.
· Scholarships: FIIB offers scholarships/tuition assistance based on merit, special categories, performance. For example, top 10% of first year batch may get performance-based scholarship.
👩🏫 Faculty & Infrastructure
- Faculty: The institute claims that the faculty members are highly qualified, many with PhDs, and bring both academic and industry experience.
- Infrastructure: Located in New Delhi, well-connected location, modern classrooms, smart digital infrastructure: e-library, Learning Management System, employability lab, computer labs, etc.
- Student life, events: FIIB hosts events like TEDxFIIB, business plan competitions, industry speaker series etc to enrich culture.
- Strong brand in the Delhi NCR region with ~30 years legacy.
- Good industry linkages and placement statistics (especially if you are within the average/top quartile).
- Modern infrastructure and focused management programme (PGDM).
- Scholarships and merit-based assistance available, which can improve ROI.
📈 Placement Highlights
- Placement rate: ~ 97% of eligible students in recent years.
- Average package: ~ ₹ 8.4 – ₹ 8.5 LPA (for full batch) in recent placement drives.
- For top 20% of the batch: ~ ₹ 10.4 – 10.5 LPA.
- Highest reported package: ~ ₹ 25 LPA.
- Recruiters: Companies like Deloitte, Wipro, Asian Paints, Kellogg’s, ITC etc are listed among major recruiters.