Q1. Please tell us in brief about the institute – its history, affiliations, philosophy etc?
FOSTIIMA Business School has been conceived, funded and managed by the alumni of IIM, Ahmedabad. Founded in 2007 by Friends Of the class of PGP Seventy Three of IIMA and hence the name FOSTIIMA Business School came about.
Over the past five years it has developed into a movement where several more IIM and IIT alumni have contributed. The knowledge and experience they acquired at these premium institutions is to be shared with the new generation of managers being mentored on our campus.
Q2. What are the various courses being offered to the students?
FOSTIIMA offers a two years full time Post Graduate Program in Management + MBA in partnership with Pondicherry University in its prestigious TWINNING program. The Dual certification Program is designed for those who have completed their graduation or appearing for their final year Degree examination.
The program is UGC/AICTE approved and has Specializations in Marketing, Finance and HRM.
We also offer an Undergraduate Program in Management (UGPM). Candidates for the UG Program in Management should have cleared the 10 + 2 examination conducted by the CBSE or State Boards with a minimum of 50% marks in any discipline approved by the University Grants Commission. The program is UGC approved.
Q3. Please tell us something about your faculty profile.
Today more than 50+ IIM Alumni are directly providing inputs at FOSTIIMA, across our campuses in Delhi and Mumbai - in Management, Curriculum Design, Content Development, and, as Faculty.
FOSTIIMA has the largest group of IIM Ahmedabad graduates working together towards a common goal. They bring with them their vast corporate experiences, industry practices and global business perspective to FOSTIIMA Students. These IIT / IIM educated Faculty take great pains in mentoring students with the sole objective of grooming them to their peak potential, so that they can make a positive contribution to the Society, Business and Industry.
Q4. What exam scores do you accept? If it’s not confidential please share the last year’s cut off for all the exams.
Test scores accepted at FOSTIIMA are CAT, MAT, XAT and we also have our own Entrance Test FOSTIIMA Eligibility and Apptitude Test (FEAT) Cut off percentile for admission are likely to be :
FEAT ( FOSTIIMA own entrance Test) 75
Q 5. Please share something about the placement record of the college. What are the primary sectors that the students were placed in?
FOSTIIMA has small batches and Placement is not a problem. Students are placed in the managerial cadre across varied fields such as Banks, Consulting, ICT firms, housing, Hospitality, etc.
Shitij Malhotra – Citi Bank – CTC:8.5
Akash Mayank – HP – CTC:6.25
Prateek Samtani – Infosys – CTC:6.5
Neeraj Poonia – VBHC – CTC:4.5
Ankit Kochar – E&Y – CTC:3.6
Sonchattra NTS-- CTC 11.5
Q 6. Any other certifications/skill sets that a student gets while he is pursuing his course at your college?
FOSTIIMA has unique legacy, pedagogy, faculty and its cumulative and highly positive effects are apparent in the quality of various outbound team building, leadership, cultural, learning-by-doing, case methodology, presentations, team assignments that the acolytes undertake with their mentors. FOSTIIMA product is altogether superior, presentable, aware, confident with people skills and raring to go. The pedagogy takes the learning to a new high by developing unique skill sets and a confident personality.
Q 7. How does a student benefit from the international affiliations that your college has.
FOSTIIMA has faculty who have worked abroad, taught abroad, studied abroad and this international exposure is reflected in the nature of the interaction with students. Some faculty continue with their foreign teaching and consulting assignments even to this day.
Apart from this FOSTIIMA has a Joint Certification Program with UBIS Geneva – we have joined hands with UBIS Geneva, Switzerland, for a two year PG & three year UG collaborative program wherein the students shall do 6 credits at UBIS Geneva, followed by educational tours to Industrial units, corporates and UN organizations in EU/ UK/ USA.
We also have a Student Exchange program with State University of New York, Binghampton Campus
Q 8. If I were to ask you to mention three differentiators for your institute what would they be?
FACULTY from IIM/IIT with decades of TOP level industry experience is our absolutely UNIQUE differentiator.
The outbound team building and leadership camps in the Mountains is another and the stipend paid 8 week summer internship is the third difference that sets us apart from other institutions.
Q 10. What kind of Scholarships is available from the institute’s side?
FOSTIIMA recognizes talent and offers the following merit Scholarships:
- Post Graduate Program in Management (PGPM)
- For Graduate Non-Engineers
Scholarship of Rs. 1,00,000/- for students with CAT / XAT score above the 90 percentile
Scholarship of Rs. 50,000/- for students with CAT / XAT score above the 80 percentile or MAT score above 90 percentile
• For Graduate Engineers
Scholarship of Rs. 1,00,000/- for students with CAT / XAT score above the 85 percentile
Scholarship of Rs. 50,000/- for students with CAT / XAT score above the 75 percentile
Scholarship of Rs. 50,000/- for students with MAT score above the 85 percentile
- UG Program in Management (UGPM)
Scholarship of Rs. 30,000/- for students who have secured more than 80% in CBSE or more than 85% in State Boards in class XIIth .
Additionally there are Merit cum Means Scholarships and Financial Assistance provided by Sri Balaji HRD Trust to deserving Students.
Q11. Does the curriculum have any study tours or student exchange programs integrated? If yes please explain in detail.
The students go on a Team building and Leadership camp to Jim Corbett with Mr. Sameer Bhatia, who is also an IIM alumni, he is a well known International Trainer and Corporate Coach.
Students are also part of a Student Exchange Program with students of SUNY Binghamton.
Q12. How long is the summer internship for the first year MBA students?
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Summer Internship is an integral part of the student’s experiential learning at FOSTIIMA and as a policy, FOSTIIMA accepts only 'Stipend-paid' summer Internships for its Students.
In 2011 [Batch of 2010-12] FOSTIIMA Students did Summer Internships with stipends up to Rs. 80,000. The Median Stipend was Rs. 30,000.