Fortune Institute of International Business Info
Established in 1990 in Vasant Vihar, New Delhi, the Fortune Institute of International Business (FIIB) is a prominent private business school committed to nurturing global business leaders and entrepreneurs. Approved by the AICTE and accredited by the NBA, FIIB offers PGDM programs that hold MBA equivalence status from the Association of Indian Universities (AIU). The institute provides specialized PGDM tracks in General Management and Financial Management, along with a Fellow Program in Management (FPM) for doctoral aspirants. FIIB’s curriculum is continuously updated in partnership with industry experts to emphasize action learning, digital transformation, and global business strategies, backed by international immersion modules and hands-on corporate internships.
Admissions at FIIB are selection-driven, evaluating candidates through competitive scores in national management tests such as CAT, XAT, MAT, CMAT, ATMA, and GMAT, followed by personal interviews and writing ability assessments. Located in South Delhi, the institute features modern academic infrastructure, including smart tech-enabled classrooms, advanced analytics labs, dynamic collaborative workspaces, and an extensive digital library stocking global journals. FIIB maintains strong corporate partnerships with over 600 recruiters, enabling solid career outcomes across sectors such as Financial Services, IT/ITeS, Consulting, FMCG, and Retail. Top hiring partners include ICICI Bank, Deloitte, Wipro, Accenture, Asian Paints, and PwC, offering students career exposure and high practical learning value.
Fortune Institute of International Business: Ranking and Recognition
Fortune Institute of International Business (FIIB), New Delhi, is an AICTE-approved and NBA-accredited institution with AACSB global accreditation, and its flagship PGDM programs hold MBA equivalence status from the AIU.
Recognitions and Accreditations
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AICTE Approval: Approved by the All India Council for Technical Education (AICTE) for its postgraduate and doctoral management programs.
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NBA Accreditation: Accredited by the National Board of Accreditation (NBA) for maintaining global standards in curriculum, faculty, and governance.
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AIU MBA Equivalence: Flagship Post Graduate Diploma in Management (PGDM) programs are recognized by the Association of Indian Universities (AIU) as equivalent to an MBA degree.
National & Regional Rankings
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NIRF Management Ranking: Featured within the top 100–125 rank band in the National Institutional Ranking Framework (NIRF) by the Ministry of Education.
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Business Today (BT–MDRA): Ranked among the top 70–80 private business schools in India.
Fortune Institute of International Business: Faculty
Fortune Institute of International Business (FIIB), New Delhi, builds its academic ecosystem on a blend of core academic scholars and active industry executives.
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Academic Qualifications: Over 85% of the core faculty members hold Ph.D. degrees from top-tier institutions in India and abroad, including IITs, IIMs, JNU, MNIT, and foreign universities.
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Collective Experience: The core faculty brings 460+ years of combined academic and industry experience, ensuring a balance between conceptual foundations and corporate practices.
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Student-Faculty Ratio: Operates with a 1:15 to 1:18 faculty-to-student ratio, allowing dedicated individual mentoring and academic project supervision.
Fortune Institute of International Business: Programmes /Courses Offered/ Fee Structure
Fortune Institute of International Business (FIIB), New Delhi, offers postgraduate and doctoral programs in management approved by AICTE, with flagship PGDM programs accredited by NBA and recognized as MBA-equivalent by AIU.
| Program |
Duration |
Total Program Fee (INR) |
| PGDM (General) |
2 Years |
Rs.12,85,000 |
| PGDM (Financial Management) |
2 Years |
Rs.12,85,000 |
| FPM (Doctoral) |
3 Years |
Rs.1,50,000 – Rs.4,50,000 |
| EFPM (Executive Doctoral) |
3–4 Years |
Rs.6,00,000 |
Fortune Institute of International Business: Admissions/Application Process
Admissions at Fortune Institute of International Business (FIIB), New Delhi, for its flagship PGDM and PGDM-FM programs follow a multi-stage, holistic selection process.
Step-by-Step Application Process
- Visit the official portal (admissions.fiib.edu.in) and click on Apply Now.
- Register with a valid email ID and mobile number, select the PGDM specialization interest, and fill in personal, academic, and exam scorecard details.
- Upload scanned copies of required certificates, scorecard, CV, and photo ID.
- Pay the non-refundable application fee of Rs.1,500 online via Credit/Debit Card, Net Banking, or UPI.
- Book slots for the AI-based assessment round and personal interview upon receiving email invitation links.
- Selected candidates receive an official offer letter and confirm their seat by paying the initial registration fee within the specified deadline.
Fortune Institute of International Business: Scholarships
Fortune Institute of International Business (FIIB), New Delhi, commits an annual scholarship pool of Rs.2.5 Crores to support deserving management students through merit-based tuition waivers, need-based aid, diversity grants, and experiential fellowships.
Core Scholarship Schemes
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Future Leaders Scholarship (100% Tuition Waiver): Awarded to up to 10 exceptional students per cohort across both academic years. Selection evaluates high entrance scores (CAT/XAT >_75 percentile or GMAT >_ 600), consistent academic excellence (>_ 70% in Class 10, 12, and Graduation), and leadership or community achievements.
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Tuition Assistance Programme (TAP): Offers profile-based financial waivers of up to Rs.2,80,000 per student. Eligibility spans five distinct assessment categories:
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Category I: Exceptional Academic Qualifications (Class 10, 12, & UG).
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Category II: Top National Entrance Exam Percentiles.
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Category III: Work Experience (1+ year with a registered NGO/Non-Profit).
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Category IV: Special Category & Regional Diversity Status.
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Category V: National/International achievements in Sports, Arts, or Literary Work.
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President Enable Scholarship (Need-Based): Provides up to a 100% Tuition Waiver for candidates with verified family financial need, valid CAT/XAT scores ($\ge$ 60 percentile), and strong academic records (>_ 60% in Class 10, 12, and Graduation).
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RK Shrivastava Scholarship: Awarded at the end of the first year to the top 3 academic rankers per program based on overall Year 1 CGPA.
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Women in Management Waiver: Dedicated financial assistance of up to Rs.60,000 for high-performing female applicants to promote gender diversity on campus.
2. Experiential Support & Fellowships
In addition to tuition fee waivers, FIIB provides targeted experiential grants (up to Rs.1.4 Lakhs per student) for co-curricular execution:
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Student Start-up Seed Fund: Grants up to Rs.1,00,000 in multi-stage seed funding for student entrepreneurial prototypes and venture launches.
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Global Immersion Support Fund: Offers financial assistance of Rs.25,000 for approved international study tours.
Fortune Institute of International Business: Placements
The Fortune Institute of International Business (FIIB), New Delhi records consistent placement statistics for its Post Graduate Diploma in Management (PGDM) programs.
Key Placement Highlights
Top Recruiters
Deloitte, KPMG, S&P Global, Grant Thornton, ICICI Bank, Axis Bank, Tata Capital and many others.
Fortune Institute of International Business (FIIB) – Facilities
Fortune Institute of International Business (FIIB) has a modern and well-equipped infrastructure to provide a better learning environment for its students.
Brief details regarding the facilities:
- Library: It has a well-stocked library with an extensive collection of books, research papers, journals, and digital resources relevant to Management and Business studies.
- Computer Labs: To support modern education, there would be computer labs with internet access and necessary software for students to conduct research and access online resources.
- Auditoriums and Seminar Halls: Larger spaces for conducting guest lectures, seminars, workshops, and other academic and cultural events.
- Hostel Facilities: For outstation students, FIIB provides with on-campus or nearby hostel accommodations.
- Cafeteria: It provides with a cafeteria where students and faculty can have meals and refreshments.
- Wi-Fi Connectivity: It provides access to Wi-Fi throughout the campus to support students in their studies and research.
Fortune Institute of International Business (FIIB) – FAQs & Answers
Q1. What is Fortune Institute of International Business (FIIB)?
Ans. FIIB is a premier private business school located in Vasant Vihar, New Delhi, established in 1990.
Q2. Are the PGDM programs at FIIB recognized as equivalent to an MBA?
Ans. Yes, all full-time PGDM programs at FIIB are AICTE-approved, NBA-accredited, and granted MBA equivalence by the Association of Indian Universities (AIU).
Q3. Which entrance exams are accepted for FIIB admissions?
Ans. FIIB accepts valid scores from CAT, XAT, MAT, CMAT, ATMA, GMAT, and NMAT/SNAP (when combined with AICTE-approved tests).
Q4. What is the minimum eligibility criteria for the PGDM program?
Ans. Candidates must possess a Bachelor's degree in any discipline with a minimum of 50% aggregate marks (or equivalent CGPA).
Q5. What selection rounds are conducted after the entrance test?
Ans. Shortlisted candidates undergo profile evaluation, AI-based assessments (video prompts/tasks), and a Personal Interview (PI) round.