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Know all about FOSTIIMA Business School: An Interview with Dr. Subhash Kakkar (Director)
Established in 1993, FOSTIIMA Business School is a private co-educational institute which offers All India Council for Technical Education (AICTE) approved PGDM programmes. The institute offers three postgraduate courses with dual specializations. The areas of specialization are- Marketing, Finance, Human Capital Management, Operations and International Business. FOSTIIMA Business School has an Entrepreneurship Development Centre at the campus to help students with entrepreneurship aspirations to start giving shape to their business idea.
Careers360 brings you an interview with Dr. Subhash Kakkar, Director, FOSTIIMA Business School. In this interview, Dr. Kakkar shared all about FOSTIIMA Business School, admission procedure, placements and many other important aspects for students to look at. To know more about FOSTIIMA Business School, read the full interview of Dr. Subhash Kakkar with Careers360
Careers360: Tell us something about the institute; when it was set up, vision and mission
Dr. Subhash Kakkar: 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. It is one of the best PGDM institutes and colleges in Delhi NCR.
Our Vision is to deliver broad, inclusive, contemporary and futuristic educational services, to aspire for the successful careers of all our students, to provide FOSTIIMA quality management education, to transform our students into future leaders & visionaries.
Our mission is to prepare young managers to face the challenges on an international platform by maintaining excellent standards of education, ethics, integrity and discipline.
Careers360: Tell us something about the admission process?
Dr. Subhash Kakkar: Admissions to the FOSTIIMA two-year full time PGDM Program that commences in the month of June every year are carried out through a structures process. The institution considers several factors:
The applicant’s academic performance during graduation and at school
Scores in the CAT/XAT/CMAT exams
Performances in the Group Discussions and Personal Interviews
The short-listing and selection criteria represent a weighted average of the applicant’s overall performance. Cutoff levels to qualify for admission calls would probably be above 50% marks in the graduation and a CAT or XAT score above the 60th percentile.
Careers360: What kind of infrastructure can students expect at the institute? Please elaborate?
Dr. Subhash Kakkar: We have projectors in every class and completely centralised air-conditioned classrooms. Wi-Fi is established throughout our campus. Corporate Resource Center is the term of a unique placement cell we have. We have a pool table and table tennis for the use of the students during their free time. We offer students access to a library with a large collection of books about the subject and the business. There are also a variety of magazines and newspapers in the library. Our canteen offers a variety of cuisines to the students.
Careers360: Internships are now mandatory as per AICTE guidelines. Does the institute help students with this? If yes, how?
Dr. Subhash Kakkar: The institute does indeed assist students in finding internships. Numerous companies visit the campus to offer internships. BigBasket, Aditya Birla Group, Bajaj Capital, ICICI Bank, and many others.
Careers360: Can you please share details if there is any collaboration with universities abroad?
Dr. Subhash Kakkar: We organize international trips for the students, taking them to different universities and companies to educate them about the industries and the working cultures. The knowledge they gain about the working world and cultural contrasts prepares them for employment overseas.
Careers360: Please share placement statistics with information on the average package, highest and lowest package, number of students placed and details of companies that have recruited.
Dr. Subhash Kakkar: If I talk about the placement statistics.
Average package – 9.25 Lpa
Highest package – 22 Lpa (Domestic)
25 Lpa )International)
Disclaimer: This content was distributed by FOSTIIMA Business School and has been published as part of Careers360’s marketing initiative.
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Questions related to FOSTIIMA Business School, Delhi
On Question asked by student community
Have a question related to FOSTIIMA Business School, Delhi ?
Dear Aspirant,
Comparing colleges is always a tricky affair and we can only go by general guidelines and since both don’t figure in the National Institute of Ranking Framework (NIRF), we will not be able to qualify one is better than the other.
When looking at the syllabus of each in the MBA Finance programs, it is very obvious that Chitkara’s Finance syllabus is much more progressive in terms of industry requirements of today and in your second year you can actually opt for specialization in Investment Banking, Corporate Finance & Wealth Management. While Fostiima’s program covers a wide range of topics and tends to give you a look and feel of a company’s operative elements including finance. Since they have subjects like HR & Marketing etc. Another point is Chitkara has 8 semesters in comparison to Fostiima’s 6 semesters, which means the intensity is much higher in Chitkara from a program point of view.
We suggest you take a very close look at both the syllabus and compare it with what we have said and then take a decision. Don’t forget this is your first management decision.
Good Luck
Hello Aspirant ,
If you want to do Post Graduate Diploma in Management (PGDM) at FOSTIIMA Business School , then it is a very good option as it is ranked 111 by BW Business World 2019 , also
- You will get International Exposure and Educational Program in universities in the middle east or far east as it is a part of their course curriculum.
- And , Also seminars, industry expert interactions and personality and communication skill development sessions are been organized by the college.
From the past records , in FOSTIIMA , 100 % of the total batch is placed with average package of 8 lacks.
In Institute of marketing and management , they also offer a good course in pgdm.
From , the past records , the students got placed there with an average package of 7.5 lacks. Recruiting companies are Accenture , Airtel , Amazon , Apple , Axis Bank , Bank of America , BISLERI , Cadbury and CITI Bank.
Hope it helps !
Hello,
Here, are the key points of both the universities to give you a comparison and help in making the decision:
A. Fosiima Business School:
1. The placements offered in Fosiima are on an average around 4.5-5L.
2. The infrastructure is good in the university. The classrooms and the university has all the facilities.
3. The faculties are very good and help the students Everytime. The college also takes students on industrial visits.
4. The faculties are knowledgeable and have good experience in their respective fields making it beneficial for the students to understand and learn the concept better.
5. The fee for PGDM is around 6.75L.
B. Jaipuria School of Business:
1. The placements in Jaipuria is around 5L on an average. Highest package may be around 13-14L.
2. The fee for the course is around 6.5L. (PGDM).
3. The infrastructure is good and with proper facilities like wifi, clean campus, Ac etc.
4. The faculties are very good in this Institute as well. Guest lectures are also organized by the college.
After seeing these points, I would advice you to look out for taking review from the students of the respective college (if possible). And also, look out for other factors like distance, opportunity nearby etc.
According to me, FOSTIIMA is much better than the other colleges mentioned due to its exceptional faculties and 100% placements from past so many years. FOSTIIMA provides an IIM atmosphere and excellent career opportunities to those who have not made it to the IIMs. It is a unique B-School that aims to identify talent and develop leadership skills to create a pool of managers for the new emerging India. It is located in a modern air-conditioned building with latest multimedia & instructional technology in the very center of the National Capital.
FOSTIIMA students have been enjoying out-standing placements for the past many years. Placements are not only 100% but are of exceptional quality at attractive pay scales in reputed organizations
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