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IMM-Fostiima Business School
Contact No : 011 - 46126000
Email : info@fostiima.org
Website : http://fostiima.org/

IMM-Fostima Business School

(A Powerful Centre for Management Education)

Two Successful Legacies : One Great Institution :

Merger of two great institutions leads to a convergence of strengths, of initiative and resolve to enhance Quality Management Education Standards and Service Levels to obtain very superior learning outcomes.

The intellectual legacy of Dr. Jagjit Singh - a pioneering Fulbright Fellow- in Corporate Training Circles since decades is enshrined within the portals of the unique Institution he established with prescience and infused with creative vitality. Dr. Jagjit Singh devoted his entire life to the service of Student Community and Education and this mission he followed with untiring zeal and total dedication. He inspired a generation of students to develop their full potential. The Institute of Marketing and Management he established, possesses very superior physical infrastructure in a Central location—amidst, IIFT, IMI, FORE and adjacent to IIT Delhi and Jawahar Lal Nehru University Campuses.

This dynamic hub will now gain additional traction with the coming together of IMM with FOSTIIMA Business School-- an established Institution with its roots under the intellectual tutelage of IIM Ahmedabad.

The Founding Trustees, the Administrators, the Core Faculty, the Curriculum & the pedagogy all have their origins in the Indian Institute of Management at Ahmedabad. Friends of Seventy Three of IIM Ahmedabad is the full form of the acronym FOSTIIMA. Right since its inception in 2007, FOSTIIMA has single-mindedly concentrated on providing Quality Management Education to its students, bench marking IIM Ahmedabad standard of Management Education as its guiding inspiration. FOSTIIMA has constantly striven to mentor its students to achieve excellence like their counterparts at IIMA. Alumni of FOSTIIMA have been placed at high and attractive salaries in Banks, IT & Software Companies, in Reality, Retail, FMCG and Financial intermediaries in India, GCC, Africa and the West. IFBS's future is bound to be bright, not only because of the joint legacy of two great Institutions IMM & FOSTIIMA but also due to renewed focused micro management of the Indian Economy which is going to require and demand large number of properly qualified Professional Mangers educated at Institutions like FOSTIIMA and other Institutions of National standing. IMM-FOSTIIMA Business School (IFBS) combines the ideal strengths to prepare young Professional Managers to meet the challenges of the FOURTH Industrial Revolution.

IFBS is aware that the future Managers shall have to learn, unlearn and relearn throughout their extremely long working life -changing career roles along with technology driven changes. IFBS Faculty is clear how its students are to be educated and groomed to face the future. IFBS students shall be exposed to all the multiplicity of learning resources in the heart of Delhi as they will benefit from the legacy of illustrious traditions of IMM and the continuous onsite mentoring of an all IIMA core Faculty. All members of IFBS Faculty had the best education India has to offer on a nationally competitive basis at IIT’s and IIM’s and they will be teaching the students in the manner similar to what they themselves were educated in, and shall share their Corporate experience where all of them had hands-on practical " hitting the ground running" experience and International exposure in top roles across MNC’s for over three decades. This will enable them to mentor entrepreneurs & StartUps to heighten the learning outcomes via the "Case Method", honed to perfection by Harvard Business School and taught at IIM Ahmedabad since inception.

Message from the CHAIRMAN (Sri BALAJI HRD Trust)

Jaithirth (Jerry) RaoJaithirth (Jerry) Rao, PGP 73, IIM-Ahmedabad

Mr. Jaithirth Rao, the Chairman of Sri Balaji HRD Trust and former CEO of CitiBank’s Indian operations visited FOSTIIMA to speak to the students. 13th October 2015 was a lucky day for the students of FOSTIIMA Business School as Mr. Jaithirth Rao popularly known as Jerry Rao addressed BBA and MBA students. He shared his knowledge and experience with the students which he has gained over the years while working in the corporate world in Europe, West Asia, South and North America.

He is an Indian businessman and entrepreneur. He is the founder and former CEO of the software company MphasiS. He is currently the Executive Chairman of Value and Budget Housing Corporation (VBHC), an affordable housing venture which he founded in 2010. He is also a founder and director of Home First Finance Corporation, a Housing Finance company focused on providing housing finance to first time home buyer.

Mr Rao held several positions in Citibank prior to his founding MphasiS in 1998. In a banking career of over 20 years, he served with Citi and its parent Citicorp in various capacities in Asia, Europe, South America, and North America. He was Head of the Development Division of Citicorp and Chairman and CEO of Transaction Technologies Inc.(which employed 300 Doctorates to do research in banking technology), based in LA, California.
During his session he shared some useful and effective tools to get success in corporate world. Here are some of the main highlights of his whole session.

Financial Literacy : Firstly, he advised the MBA 1st year students to focus on accounting knowledge, because learning accounting will help us to make business or personal financial decision, such as a tax payer, an investor or business owner. Accounting knowledge will help us to understand the meaning of the financial information presented to us.

People Skills : Secondly, he told us to put a consistent effort to enhance our communication skills, as it is not an in born quality in any individual but an acquired skill. In organization communication skills play a vital role because it has been observed that the employee with the same level of knowledge as his peers but having better communication skills hold better prospects to get promoted. He further added that we should always maintain good relation with our classmates because in future when we need any opening through our network, they would be the one who will give the best information out of their knowledge. To enhance our writing skills we should communicate with our peers through e-mails. This will inculcate the habit of writing e-mails which in turn will help us in corporate life.

Then he advised the students of 2nd year to concentrate on the following few points:

  • Job stability: He suggested that we do not switch jobs frequently; rather we should work for at least 3 years in the organization because frequent changes reflect instability. As a result, company will not hire such an employee to work for their company because the training of the employee incurs huge cost, which would be lost to a rival if s/he switches soon.
  • Presentation Skills: Presentation should be precise and to the point. Put your points in bullet form and sentence should not be more than 8 to 9 words, because the focus of the audience will wane.

    Never read sentences from the presentation, allow yourself to explain it with real life examples, don’t let the presentation to be the master. Never distribute your presentation before meeting because then nobody will concentrate on what you are presenting. They will just turn up the pages and will go through it.

    Three things we should keep in mind while giving presentation in an organization

    First we should tell what the objective is before showing the presentation.

    • During presentation we should again focus on the objective of the presentation.
    • At last, while summarizing we should again discuss about the objective of the presentation.
  • Team work is very important and therefore all students must increase their people skills and be sociable and pleasant as negotiations are intrinsic to corporate career.
  • Sports and extra-curricular activities add character and depth to your personality and to your RESUME. So use your free time constructively at Theatre, Sports, Museums, Site Visits.

Jaithirth (Jerry) Rao

Message from the Director (Delhi Campus)

Jaithirth (Jerry) Rao Kamal Sharma, PGP 73, IIM-Ahmedabad

India is now having the Highest Nominal per Capita growth rate in the world. Enabling legislations are being implemented to facilitate creative modes of development and financing to kick start the physical economy into the intended high double digit growth orbit. The future is going to be very dynamic, affluent & full of promise.

FOSTIIMA has progressed by imparting valuable skills, can do attitudes, and reinforcement by continuous evaluation and also by ensuring quality employment to all its students. Sincere students at FOSTIIMA can be assured of individualized mentoring, greater faculty contact, affordable fee, loans, attitude enhancement, unique off campus pedagogy, participation in competitions and exposure to the most excellent industry veterans, nearly all from IIM's and IIT's.

Performance of our students at Placement Interviews has always been hugely successful and is the end result of our multifaceted pedagogy and targeted delivery.

Students can look forward with confidence to bounding employment prospects and many more jobs for an increasing number of applicants.

The benefits of the certain upturn in the economy shall accrue to the cohort which enters FOSTIIMA's two campuses in 2016. FOSTIIMA welcomes keen aspirants with acumen, ability and aptitude.

Let the Good Times roll on
Kamal Sharma


An Amalgam of the Legacies of IMM and FOSTIIMA

FBS Business School provides enabling support and the culture of learning which values teamwork, vision, creativity and discipline. An extraordinary framework is provided for achieving mission critical objectives. IFBS Business School offers a platform for a highly interactive and experiential environment. Through the IFBS program, students shall be enabled to interact with many industry veterans with cross-functional and cross industry experience.

Faculty at IFBS

Almost the entire core, adjunct and guest faculty at IFBS are IIM graduates. Most of them have spent several years in the corporate world holding diverse portfolios and responsibilities. They share their varied & practical experience with IFBS students. Thus, an IFBS class is a unique mixture of theory and ‘experiential learning’, a methodology adopted by the best B-Schools in the world like Harvard, Stanford and the IIMs.

Curriculum at IFBS

Management education at IFBS focuses on learning key business concepts while simultaneously developing analytical skills of students. IFBS course curriculum is contemporary and in tune with the needs of the industry. Accordingly, IFBS curriculum has been designed after taking inputs from eminent academicians, industry experts and leading B-Schools. Care has been exercised to encapsulate knowledge inputs in all new and emerging areas. The curriculum is reviewed periodically so that it maintains its cutting edge and relevance to the industry.

Corporate Linkages

IFBS maintains close contacts with Corporates through its wide network of pan IIT-IIM Alumni, who occupy leadership positions in prominent Indian and transnational corporations. Through them IFBS will ensure Campus Placements of its students in positions commensurate with their talents. All Summer Internships for the batch of 2015 were with stipends, some up to Rs. 30,000. Many of the students get permanent placement in the corporate where they did their internship. IFBS has a placement cell headed by a very influential IIMA alumnus which maintains strong links with leading corporate entities through collegial networking.

This cell is responsible for exploring the requirements of MNCs and local organizations for arranging campus interviews for placement of students.

Industry Interface

IFBS retains the contemporary edge of its curriculum through regular interaction of its students with Corporate Leaders. These interactions give IFBS students an insight into various industries and contemporary issues of global and national importance. Amongst the numerous personalities who have delivered guest lectures at IFBS during the past few years are Dr. V. Kasturirangan, Malcolm P. McNair Professor of Marketing, Harvard Business School, Mr.Sanjeev Bhikchandani, founder CEO ,Naukri, Dr. Natesa Prasad, U.S.A., Mr. Deep Kalra founder CEO of Make MyTrip, to name a few.

Location of IFBS in QUTAB Institutional Area

Delhi NCR (National Capital Region) is the centre of various transnational corporations using Indian talent for product development, marketing research, customer relationship management, and knowledge processing.

Participants in our programs can interact with the process drivers and thought leaders in these corporations.

IFBS is easily accessible for Faculty and students by the Bus Service and the Metro. IIT, JNU. IMI, FORE, IIFT, are all within walking distance, leading to a comprehensively superb learning experience.

Eligibilty and Admission Process

Applying to IFBS for PGDM
(AICTE Approved 2 Year Full Time Program)

Application Form can be obtained from the Admissions Office at IFBS in person or downloaded from IFBS website: www.ifbs.org.in free of cost. Completed application form should be sent to the Admission Office along with requisite documents and a processing fee of Rs. 950/. The completed application should include:

  • Application Form duly filled, in capitals.
  • Photocopies of transcripts (Certificates & Mark Sheets at graduations and school level).
  • Self attested passport size photographs, one pasted at the designated spot on the form and 2 extra photographs.
  • Photocopies of CAT/XAT/ MAT/CMAT/FEAT Score Sheet.

The Application Form can also be filled and submitted online. The accompanying documents listed above and the processing fee of Rs. 950/- in this case can be submitted at the time of Group Discussion and the Personal Interview, if invited for the same.

Complete Application Kit comprising of Prospectus, Information Bulletins & Application Form if desired - can be requisitioned on payment of Rs. 950/- by demand draft in favour of FOSTIIMA Business School or through the Payment Gateway at the FOSTIIMA website.

Post Graduate Program in Management

IFBS's PGDM (AICTE Approved) two years full time program is designed for those who have completed their graduation or an equivalent degree in any discipline recognized by the UGC and eligible for Post Graduate Studies. Students appearing for their final year Degree examination may also apply. Testimonials as proof of graduation have to be furnished at the latest by 30th September.

Admission Process & Cut-offs

Admission to IFBS's two year full time Program PGDM (AICTE Approved) (commencing in the month of June every year) are carried out through a structured process which takes into account the applicant's academic performance in graduation and at school, score in CAT/XAT/MAT/CMAT/FEAT exams and performance in Group Discussion and Personal Interview. Whereas the short-listing and selection is a weighted average of the applicant's overall performance, cut-off levels for admission calls are likely to be above 50% marks in graduation and a CAT or XAT score above 60 percentile.

Admission Criteria: Work Experience

Experience of a supervisory nature is valued highly for admission to IFBS's 'experiential learning' pedagogy. IFBS assesses every applicant's potential to lead effectively. Each candidate's academic abilities, leadership qualities and personal characteristics are carefully evaluated while aiming to create a diverse class with unique track records of leadership, intellectual curiosity, zeal and drive.

Those applicants who have not appeared at any MBA Entrance Exam (CAT / XAT / MAT / CMAT) can appear at IFBS's Eligibility and Aptitude Test or FEAT, a written aptitude test conducted by IFBS, followed by Group Discussion and Personal Interview. The Composite Score arrived at for admission criteria is based on academic and extra mural achievements during the students high school and graduate studies.

Some of Our Recruiters & Placements

Infrastructure and Facilities

FOSTIIMA is housed in a modern, purpose built fully air-conditioned building in the very heart of South Delhi and Mumbai. The Delhi campus is easily accessed by the Metro. The lecture halls are equipped with the very latest and most effective multimedia teaching aids. Aesthetic interiors, Wi-Fi internet access create an environment conducive to effective learning. FOSTIIMA is enabled with a high capacity data processing centre and an ultra modern computer laboratory.

Interactive Smart boards and hi speed broadband both at college as well as hostel ensure total connectivity of students at all times.

Some of the Facilities offered at FOSTIIMA are:

The Institute's library is equipped with the latest books on all relevant topics. It also subscribes to a number of useful periodicals, journals, and magazines, both national and international. Students have access to research sites & e-books as well.

Wi-Fi Internet Connectivity
Two high speed/broad band internet connections function full time in all the rooms of the campus. Students have free access to the internet, whereby they can keep themselves updated with information from the web world, and download the desired information.

Computer Laboratory
The Institute has a well-equipped computer laboratory boasting of the latest software. The software is provided as per the requirement of the students and faculty. Classes are so scheduled that the students get hundred percent computers' availability in addition to their own laptops.

Hostel Accommodation
Quality accommodation is made available to all the outstation students who desire it. This air-conditioned & Wi-Fi enabled accommodation shall provide students with a comfortable and homely environment. We ensure that the hostels supervised by us are secure, healthy and comfortable and the meals are nutritious.

Student Committees/Societies/Clubs
FOSTIIMA Business School has empowered the Students to form and manage various committees under the mentorship of FOSTIIMA management and faculty members. The committees are responsible for smooth conduct of all operations at FOSTIIMA. Direct involvement of Student gives them experience as well as a sense of ownership of their own college.

  • Placement
  • Marketing society
  • Library
  • Corporate Interface
  • System Society
  • Culture and Entertainment
  • Hostel
  • Seminars & Conferences
  • Cafeteria
  • Media
  • Alumni


PGDM (AICTE Approved - 2 Year Full Time Program)


First Semester
Business Environment & Business Law
Business Communication
Case Analysis, Reporting & Presentation
Computer Applications in Management
Financial Accounting
Management Processes & Organizational Behaviour
Managerial Economics
Marketing Management - I
Marketing Research Methodology
Sales and Distribution Management
Second Semester
Human Resource Management - I
Financial Management
Financial Analysis
International Marketing
Management Accounting
Management Information System
Marketing Management II
Strategic Management
Supply Chain Management
Operations Management
Third Semester
Banks & Banking Services
Customer Relationship Management
Human Resource Management - II
Management of Financial Services
New Enterprise Management & Business Planning
Retail Marketing / Digital Marketing
Services Marketing
Fourth Semester
Business Strategy & Business Plan Creation
Dissertation Project (as per specialization)
Indian Capital Market & Financial System
Rural Marketing
Security Market Operations


Total Fee for 2 Years including Registration Fee : Rs. 6,45,000/-

First Year Fee

Registration Fee: Rs. 40,000/-(Payable within 7 days of offer after selection)

First Installment: Rs. 1,55,000/-(Payable within 30 days of Registration)

Second Installment: Rs. 1,55,000/-(Payable by r before 31.08.2016)

Second Year Fee

First Installment: Rs. 1,00,000/-(Payable by r before 31.03.2017)

Second Installment: Rs. 1,00,000/-(Payable by r before 30.06.2017)

Third Installment: Rs. 1,00,000/-(Payable by r before 31.08.2017)

Scholarships & Educational Trips :

  • A limited number of scholarships of upto Rs.50,000/- are available for exceptionally meritorious students
  • Included in the fee is a programmes of Team Building & Educational Camp at an Exotic location
  • Also included in the fee is an International Exposure & Educational Program of seven days with students & faculty of a university in the FAR EAST. All students are advised to obtain their passport, if they do not hold one already.


Head Office

Name : IMM-Fostiima Business School
Location : Fostiima Business School 75-76, Amrit Nagar South Extension, Part -I
City : New Delhi
State : Delhi
Country : India
Contact No : 011 - 46126000
Contact Email : info@fostiima.org
Website : http://fostiima.org/   
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