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Back to Business Administration Universities
Fortune Institute of International Business (FIIB)
Business AdministrationBusiness AdministrationDelhi
Location:

New Delhi, Delhi, India, Delhi

Type:

Business Administration

Phone:

91-11-26144319, 2614

Email:

fiib@vsnl.com

Visit Official Website
About Fortune Institute of International Business (FIIB)

Overview

  • Official Name: Fortune Institute of International Business (FIIB)
  • Common Short Names: FIIB New Delhi
  • Type: Private Business School
  • Year Established: 1995
  • Campus Location: New Delhi, Delhi, India
  • Approvals & Affiliations: Approved by AICTE, affiliated with Guru Gobind Singh Indraprastha University (GGSIPU), NAAC Grade: Not accredited as of 2024-06-10
  • Official Website: https://www.fiib.edu.in

Quick Facts

  • Founder/Chairman: Not explicitly listed on official site
  • Director: Dr. Prayas Kayastha
  • Student Population: Approximately 1200+ (Full-time students)
  • Departments/Faculties: Management and International Business
  • Contact:
    Phone: +91-11-66512222
    Email: info@fiib.edu.in
    Address: A-2, Rao Tula Ram Marg, New Delhi - 110010
  • NAAC Grade: Not accredited as of 2024-06-10
  • Rankings: Featured in MHRD/AICTE reports, Not in latest NIRF rankings

Courses & Programs

  • Faculty: Management & International Business
  • Popular Courses:
    • MBA (Full-Time) - 2 Years, Regular
    • PGDM (Post Graduate Diploma in Management) - 2 Years, Regular
    • Executive MBA - Duration varies, Regular/Part-time
    • Certificate Programs & Short Term Executive Courses
  • Mode: Regular (On-campus), Executive and Certificate courses may offer flexible modes
  • Intake: Approximate annual MBA/PGDM intake around 300 students

Admissions

  • Admission Modes: Merit-based through national/state-level entrance exams and institute-level selection
  • Accepted Entrance Exams: CAT, XAT, CMAT, GMAT, GGSIPU CET
  • Important Timeline: Applications open from December to May; admissions mainly in June-July (Admissions page)
  • Application Process Online:
    1. Visit FIIB Admissions Portal
    2. Register with valid email and mobile number
    3. Fill application form with personal and academic details
    4. Upload required documents (marksheets, entrance scorecard, photo)
    5. Pay application fee online via net banking/UPI/card
    6. Submit and print confirmation receipt
    7. Shortlisted candidates are called for GD/PI rounds
  • Offline Application: Not explicitly stated, contact institute for updates

Eligibility Criteria

  • MBA/PGDM: Bachelor's degree with minimum 50% aggregate marks (45% for SC/ST/OBC/EWS) from recognized university
  • Entrance Test Qualification: Valid score of CAT/XAT/CMAT/GMAT or GGSIPU CET
  • Age Limit: No specific age limit
  • Documents Required:
    • Class 10th & 12th mark sheets
    • Graduation degree & mark sheets
    • Entrance exam scorecard
    • Photograph and identity proof (Aadhaar/PAN/Passport)
    • Category certificate (if applicable)
    • Migration & Transfer certificates (as applicable)

Fee Structure & Scholarships

  • Indicative Fees:
    • MBA/PGDM Tuition Fee: Approx. ₹4,50,000 - ₹5,00,000 (total for 2 years)
    • Hostel Charges (optional): ₹80,000 - ₹1,00,000 per annum
    • Examination & Other Fees: ₹20,000 - ₹30,000 (approx.)
  • Scholarships & Financial Aid:
    • Institute Merit-based scholarships for top performers
    • Government Scholarships for SC/ST/OBC/EWS via central/state schemes
    • Need-based assistance available on application
  • Refer Official Fee and Scholarship Details

Placements & Career Outcomes

  • Placement Highlights:
    • Placement Percentage: Approximately 95%+
    • Average CTC: ₹6-7 LPA
    • Highest CTC: ₹16 LPA+
  • Top Recruiters: HCL, Genpact, Wipro, IBM, Deloitte, Accenture, Nestlé, Airtel
  • Placement Cell Contact: https://www.fiib.edu.in/placement
  • Internship Support: Mandatory summer internship program with top companies across sectors

Campus & Facilities

  • Hostels: Separate boys and girls hostels with mess facilities
  • Sports: Facilities for basketball, badminton, table tennis, cricket nets
  • Labs & Libraries: Fully digital and physical library with extensive business and management resources, computer labs equipped with latest software
  • Healthcare: On-campus first aid and tie-ups with nearby hospitals
  • Transport: Connectivity via metro and managed shuttle services
  • Wi-Fi: Campus-wide high-speed internet connectivity
  • Research Centres & Student Clubs: Various management clubs, cultural and innovation cells, entrepreneurship cell
  • Festivals: Annual cultural fest “Sangam,” sports meets, academic seminars

Faculty & Research

  • Notable Faculty: Dr. Prayas Kayastha (Director), and diverse faculty members with PhDs and industry experience
  • Research Centres: FIIB Research and Publication Cell focusing on international business and management studies
  • Major Grants & MoUs: Collaborations with corporate and academic institutions for internships and research projects Details not explicitly listed on website as of 2024-06-10
  • Patents: No public data available on patents

Rankings & Reputation

  • NIRF: FIIB is not listed in the latest NIRF Rankings 2024 (nirfindia.org)
  • NAAC: Not accredited as of 2024
  • Other Rankings: Featured in various private Indian education portals and AICTE reports, but no official QS or India Today ranking available

Results, Cut-Offs & Seat Matrix

  • Results & Seat Allotment: Published on the FIIB official website and via GGSIPU portal for affiliated courses
  • Cut-Off Ranges: For GGSIPU CET and national exams like CAT, cut-offs vary yearly; typically CAT 60 percentile+ for MBA admission
  • Category-wise Seat Matrix: As per GGSIPU guidelines with reservations applicable for SC/ST/OBC/EWS
  • Visit Official Admissions Page for latest seat details and notifications

How to Reach

  • Nearest Airport: Indira Gandhi International Airport, Delhi (approx. 18 km)
  • Nearest Railway Station: New Delhi Railway Station (approx. 8 km)
  • City Connectivity: Located on Rao Tula Ram Marg, well-connected by Delhi Metro (nearest station: South Campus on Violet Line) and bus routes
  • Local Transit: Auto-rickshaws, app-based cabs available for last-mile connectivity

FAQs

  • Q1: What is the selection process for MBA at FIIB?
    Selection is based on entrance exam scores (CAT/XAT/CMAT/GGSIPU CET), followed by Group Discussion and Personal Interview rounds.
  • Q2: Does FIIB offer scholarships?
    Yes, FIIB provides merit-based scholarships and supports government scholarships for reserved categories.
  • Q3: What is the approximate fee for the MBA program?
    The total tuition fee is around ₹4.5 to ₹5 lakhs for two years, with additional charges for hostel and examination.
  • Q4: Are there hostel facilities available on campus?
    Yes, separate hostels for boys and girls with mess facilities are offered.
  • Q5: Which entrance exams are accepted for admission?
    CAT, XAT, CMAT, GMAT, and GGSIPU CET are accepted.
  • Q6: When does the admission process start?
    Typically, applications open from December and admissions conclude by July.
  • Q7: Does FIIB provide internship opportunities?
    Yes, internships are mandatory and supported through industry collaborations.
  • Q8: How can I contact FIIB for queries?
    Email: info@fiib.edu.in; Phone: +91-11-66512222
  • Q9: Is FIIB NAAC accredited?
    As of June 2024, FIIB is not NAAC accredited.
  • Q10: Is FIIB listed in NIRF rankings?
    No, FIIB is not currently ranked in the NIRF management rankings.
About Fortune Institute of International Business (FIIB)

Fortune Institute of International Business (FIIB)

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