FOSTIIMA (Friends of Nineteen Seventy-Three of the Indian Institute of Management, Ahmedabad) Business School was established in 2007 by an alumnus of IIM Ahmedabad. Located in Dwarka Sector 9, southwest Delhi, FOSTIIMA focuses on delivering high-quality management education through experiential learning, guided by experienced faculty, and offers a strong placement record.
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TogglePlacement Performance (2024):
- Placement Rate: 100% placement for PGDM batches in both 2023 and 2024.
- Highest Package: ₹25 LPA consistently in the last two years.
- Average Package:
- 2022: ₹9.40 LPA
- 2023: ₹10.76 LPA
- 2024: ₹11.02 LPA
- Median Package for 2024: ₹11.50 LPA
Fee Structure:
Total PGDM course fee: ~₹10.95 lakh for the full 2-year program.
Top Recruiters & Internship Insights:
- Top recruiters include ICICI Bank, Deloitte, Asian Paints, TCS, JK Tyre, Godrej Capital, Naukri.com, Khimji Ramdas, Blackrock, E-Com Express, KPMG, and more.
- The institute emphasizes summer internships, often offering stipends, and many students receive PPOs (Pre-Placement Offers).
ROI (Return On Investment):
With an average package of ₹11.02 LPA and a total fee of ₹10.95 lakh, the ROI is reasonable. Most students recover their fees within the first year of employment. The ROI further improves over time due to strong industry exposure, career progression, and a supportive alumni network.
Student & Expert Reviews:
- Strong 100% placement record year after year.
- Excellent ROI — the program pays for itself quickly.
- Strong corporate connections and mentorship, backed by IIM Ahmedabad alumni.
- Prime Delhi location gives access to corporate hubs and networking opportunities.
Conclusion
FOSTIIMA Business School has steadily become a strong player in India’s B-school ecosystem. Its consistent placement performance, solid industry linkages, and ROI-focused approach make it an attractive choice for MBA aspirants seeking value for money, corporate exposure, and fast career growth.
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