FOSTIIMA Business School is a small private B-school in Sector 9, Dwarka, New Delhi, started by a group of friends from IIM Ahmedabad's 1973 PGP batch. It does one thing: a two-year, AICTE-approved PGDM. IIM graduates still teach the core papers. Placements? Every student in the 2025 batch got a job. Average pay was 11.8 LPA, the median 11.6 LPA, and the top offer hit 30 LPA. 128 companies hired.
How FOSTIIMA Started
Back in 1973, the founders were classmates at IIM Ahmedabad. They later opened FOSTIIMA so students here could learn the IIM way, with case discussions, real business problems and lots of one-on-one time with mentors. You can still see that link. More than 50 IIM mentors and faculty work with students now. Many spent 30 to 40 years in companies first.
Location
The address is Plot No. HAF-1, Sector 9, Dwarka, New Delhi.
- •Nearest metro: Dwarka Sector 9, on the Blue Line.
- •IGI Airport and Gurugram are both close.
- •Got an internship in Gurugram or central Delhi? You can travel daily.
What Kind of Institute It Is
FOSTIIMA is a standalone management school. There's no engineering, law or arts wing, so faculty time and the placement team are spent entirely on PGDM students.
Approvals
The PGDM has AICTE approval. The Association of Indian Universities (AIU) counts it as equal to an MBA. So you can use it for private jobs, government exams and higher studies, same as an MBA.
FOSTIIMA at a Glance
| Particulars | Details |
|---|---|
| Institute | FOSTIIMA Business School |
| Location | Plot No. HAF-1, Sector 9, Dwarka, New Delhi |
| Promoted by | Friends of the 1973 PGP batch, IIM Ahmedabad |
| Type | Private, standalone B-school |
| Approval | AICTE; AIU equivalent to MBA |
| Course | PGDM, 2 years, 4 semesters |
| Exams accepted | CAT, XAT, CMAT, GMAT, FEAT |
| PGDM tuition fee | Rs 11,95,000 |
| Application fee | Rs 1,200 |
| Placement rate (2025) | 100% |
| Highest package (2025) | 30 LPA |
| Average package (2025) | 11.8 LPA |
| Median package (2025) | 11.6 LPA |
| Recruiters (2025) | 128 |
FAQs — FOSTIIMA Business School Overview
Friends from the 1973 PGP batch of IIM Ahmedabad.
Yes. AICTE approves the PGDM, and AIU treats it as equal to an MBA.
Plot No. HAF-1, Sector 9, Dwarka, New Delhi, near the Dwarka Sector 9 metro station.
There's one programme here: a two-year, full-time PGDM over four semesters. High CAT and XAT scorers can also join a PGDM Select Group track. Two years on, you should know how a business runs, how to read data, how to lead a team and how to handle your first job.
Courses Offered
- •PGDM: 2 years, full-time
- •PGDM Select Group: 2 years, for high CAT / XAT scorers
PGDM Course Details
| Particulars | Details |
|---|---|
| Duration | 2 years (4 semesters) |
| Mode | Full-time |
| Approval | AICTE; AIU equal to MBA |
| Minimum eligibility | Graduation with 50% |
| Exams | CAT, XAT, CMAT, GMAT, FEAT |
| Summer internship | 2 months |
| Tuition fee | Rs 11,95,000 |
Skill Courses Built Into the PGDM
Besides core management papers, there are eight skill courses. Recruiters ask about these in interviews.
- •Predictive Analytics
- •Advanced Excel
- •Digital Marketing
- •Business Analytics
- •Big Data Analytics
- •AI and Prompt Engineering
- •Power BI and Tableau
- •Fund Accounting
How Classes Work
Expect Harvard and IIM case studies in most sessions. You read about a real company's problem, argue for a fix in class and then defend it when others push back. The software side is handled in labs. And the two-month summer internship puts you inside a company well before final placements begin.
FAQs — FOSTIIMA PGDM Course
Two years, split into four semesters.
Yes: predictive, business and big data analytics, AI and prompt engineering, plus Power BI and Tableau.
The PGDM costs Rs 11,95,000 for two years, registration included. You don't pay it in one go. It's split into seven instalments, and the first one is just Rs 75,000.
Instalment-wise PGDM Fee
| Instalment | Amount |
|---|---|
| 1st (includes registration) | Rs 75,000 |
| 2nd | Rs 2,50,000 |
| 3rd | Rs 3,00,000 |
| 4th | Rs 2,25,000 |
| 5th | Rs 1,25,000 |
| 6th | Rs 1,20,000 |
| 7th | Rs 1,00,000 |
| Total | Rs 11,95,000 |
What the Fee Covers
- •A laptop, books and study material
- •A team-building and leadership camp outside Delhi
- •A 4 to 5 day study visit to a university abroad, with faculty
Other Costs
The application form costs Rs 1,200. Hostel and mess cost extra. Ask the institute for this year's rates. Get the Rs 25,000 academic scholarship and tuition comes down to Rs 11,70,000. Rent, food and travel in Delhi are on you.
FAQs — FOSTIIMA Fees Structure
Rs 11,95,000, paid in seven instalments.
Yes, along with books and study material.
You need four things for a seat: an entrance score, a written aptitude test, a GD and a PI. CAT, XAT, CMAT and GMAT all work. No score? You can take FEAT, FOSTIIMA's own test.
Admission Process
- •Fill in the form and pay Rs 1,200.
- •Send your mark sheets and scorecard.
- •Get shortlisted on CAT, XAT, CMAT, GMAT or FEAT.
- •Sit the written aptitude test.
- •Clear the group discussion and personal interview.
Eligibility
- •Graduation in any subject with at least 50%
- •60% or more in Class 10, Class 12 and graduation preferred
- •A valid CAT, XAT, CMAT, GMAT or FEAT score
- •75 percentile or above in CAT or XAT preferred
FAQs — FOSTIIMA Admissions 2026
Yes. XAT, CMAT and GMAT are accepted, or you can take FEAT.
Yes. Shortlisted students take a written test, a GD and a personal interview.
There's no official cutoff list. The school's preferred profile works as one, though: 75 percentile or above in CAT or XAT, and 60% or more in Class 10, Class 12 and graduation.
Expected Cutoff
| Exam / Criterion | Expected Cutoff |
|---|---|
| CAT | 75 percentile and above |
| XAT | 75 percentile and above |
| CMAT / GMAT | As per institute norms |
| FEAT | Merit-based |
| Graduation | 50% minimum, 60% preferred |
What the Cutoff Really Does
Crossing it only gets you shortlisted. The written test, GD and interview decide who gets the seat. A 75+ percentile in CAT or XAT also makes you eligible for the general scholarship.
FAQs — FOSTIIMA Cutoff
Aim for 75 percentile or more.
FOSTIIMA shows up among India's top B-schools and among the better management schools in Delhi NCR.
Ranking Table
| Ranking Body | Category | Rank |
|---|---|---|
| Outlook-ICARE | B-schools in India | 42 |
| Outlook-ICARE | Private institutes in India | 49 |
| Collegedunia | Management colleges in India | 102 |
FAQs — FOSTIIMA Rankings
42nd among B-schools and 49th among private institutes in India.
All of the 2025 PGDM batch got placed. The best offer was 30 LPA, the average 11.8 LPA and the median 11.6 LPA, with 128 companies hiring.
Placement Numbers 2025
| Indicator | Figure |
|---|---|
| Placement rate | 100% |
| Highest package | 30 LPA |
| Average package | 11.8 LPA |
| Median package | 11.6 LPA |
| Companies | 128 |
Three-Year Trend
| Year | Average | Highest | Median |
|---|---|---|---|
| 2023 | 10.76 LPA | 25 LPA | 11.3 LPA |
| 2024 | 11.02 LPA | 25 LPA | 11.5 LPA |
| 2025 | 11.8 LPA | 30 LPA | 11.6 LPA |
Top Recruiters
ICICI, Deloitte, Asian Paints, Axis Bank, Godrej, Aditya Birla Group, Mondelez, BlackRock, TCS, Wipro and MRF.
Where Students Got Placed (2025)
| Domain | Share |
|---|---|
| Marketing and Sales | 30% |
| BFSI | 25% |
| Analytics | 25% |
| Operations and Logistics | 10% |
| HR | 5% |
| Research and Consulting | 5% |
What Helps
- •Companies that return to campus year after year
- •Regular sessions with working managers
- •Industry projects across functions and sectors
- •A two-month summer internship
FAQs — FOSTIIMA Placements
11.8 LPA in 2025, with a median of 11.6 LPA.
Good marks or a strong entrance score can bring your fee down. Whatever you get is adjusted against the PGDM fee.
Scholarships at a Glance
| Scholarship | Who Qualifies | Amount |
|---|---|---|
| Academic Scholarship | 60%+ in Class 12 and graduation | Rs 25,000 |
| General Scholarship | 75+ percentile in CAT or XAT | As per institute policy |
Classes on the Dwarka campus run on case studies. Some of the best learning happens outside it, though.
Campus Facilities
| Facility | Details |
|---|---|
| Campus | Plot No. HAF-1, Sector 9, Dwarka |
| Classrooms | Set up for case discussions and group work |
| Labs | Excel, Power BI, Tableau and analytics tools |
Beyond the Campus
- •Laptop, books and study material covered in the fee
- •Team-building and leadership camp outside Delhi
- •4 to 5 day study visit to a university abroad
- •Two-month summer internship
IIM graduates teach the core courses. There are 50+ IIM mentors and faculty too. Many have 30 to 40 years of work experience, and they help students with career choices and interview prep.
How Mentoring Helps
Teaching runs on case studies and research. Outside class, you can ask a mentor to go through your CV, help you choose a domain and put you through a mock interview before placements.
Frequently Asked Questions — FBS
Yes. The PGDM is AICTE approved, IIM graduates teach the core courses, and the 2025 batch was fully placed at an 11.8 LPA average.
Plot No. HAF-1, Sector 9, Dwarka, New Delhi.
Yes. AIU treats it as equal to an MBA.
CAT, XAT, CMAT, GMAT and its own test, FEAT.
Rs 1,200.
Yes. Rs 25,000 for 60%+ in Class 12 and graduation, and a general scholarship for 75+ percentile in CAT or XAT.
30 LPA in 2025.
Outlook-ICARE places it 42nd among B-schools in India and 49th among private institutes.