Fortune Institute Of International Business, (Fiib) New Delhi- Detailed Review

Introduction

Fortune Institute of International Business (FIIB), located in New Delhi, is a leading business school that has been imparting high-quality management education for over two decades. Established in 1995, FIIB is known for its Post Graduate Diploma in Management (PGDM) programs, which are designed to develop future business leaders with a global perspective. With its industry-driven curriculum, international collaborations, and strong placement record, FIIB has carved a niche in management education in India.

Overview

FIIB offers a two-year full-time PGDM program, which is equivalent to an MBA and approved by the All India Council for Technical Education (AICTE). The institute is also recognized for its industry interface, which helps students gain practical exposure through live projects, internships, and guest lectures from business leaders.

The key focus at FIIB is to provide students with a holistic education that combines theoretical knowledge with hands-on learning. With global partnerships and a student-centered learning environment, FIIB is a top choice for students looking to build successful careers in management.

Location and Accessibility

Located in South Delhi, FIIB is easily accessible from all parts of the city and its neighboring areas. The institute is near prominent residential and commercial hubs, offering students a vibrant city life while ensuring an immersive learning experience. It is well connected via the Delhi Metro (nearest station: Qutab Minar Metro Station) and roadways, making it convenient for daily commuters.

Accreditations and Approvals

• AICTE Approved: The PGDM program is approved by the All India Council for Technical Education (AICTE).
• NBA Accreditation: The institute is accredited by the National Board of Accreditation (NBA).
• AIU Membership: FIIB’s PGDM is recognized as equivalent to an MBA by the Association of Indian Universities (AIU).
• Ranked Among Top B-Schools: FIIB consistently ranks among the top business schools in India for its management education, industry exposure, and placements.

Infrastructure and Facilities

1. Smart Classrooms

FIIB offers modern and interactive classrooms designed to enhance the learning experience:

• Smart Boards and Projectors: For interactive learning.
• Wi-Fi Enabled: The entire campus is Wi-Fi-enabled, facilitating online research and access to learning resources.

2. Library and Learning Resource Center

The library at FIIB is a rich resource hub, with:

• Extensive Collection: A wide range of management books, journals, and e-resources.
• E-Library Access: Digital resources from national and international databases like JSTOR and EBSCO.

3. Computer Labs

FIIB’s well-equipped computer labs are essential for business simulations and analytics training:

• Modern Technology: Latest software for management studies, including SPSS, R, and Python for data analytics.

4. Hostel Facilities

FIIB provides residential facilities for outstation students:

• Separate Hostels: Available for boys and girls, with all basic amenities.
• Comfortable Rooms: Single and double occupancy options.
• Security: 24/7 security and CCTV surveillance.

5. Cafeteria

The FIIB cafeteria provides a healthy dining experience with a variety of cuisines:

• Hygienic and Clean: A focus on cleanliness and food quality.
• Affordable Meals: For both day scholars and hostel students.

6. Auditorium and Seminar Halls

FIIB’s auditorium and seminar halls are equipped with:

• Advanced Audio-Visual Equipment: Suitable for conferences, workshops, and seminars.
• Guest Lectures: Regular sessions with industry leaders are held here.

7. Incubation Center

FIIB offers an Incubation Center for students interested in entrepreneurship:

• Mentorship Programs: Collaboration with entrepreneurs and industry leaders.
• Startup Support: Assistance with business ideas, networking, and funding.

Courses Offered

Post Graduate Programs

PGDM (General Management): The flagship two-year full-time program, offering dual specializations in areas like:

• Marketing
• Finance
• Human Resource Management
• Operations
• Business Analytics

PGDM (Finance): Focuses on advanced finance concepts, investment banking, and financial analytics.

PGDM (Marketing): Specialization in brand management, digital marketing, and consumer behavior.

Student Life and Campus Culture

1. Clubs and Societies

FIIB has a vibrant campus life, with several student-run clubs and societies:

• Marketing Club: Focused on advertising and digital strategies.
• Finance Club: Organizes workshops on financial planning and stock market investments.
• Entrepreneurship Club: Helps budding entrepreneurs develop and pitch business ideas.

2. Annual Events

• Sankalp: The annual management fest where students participate in business plan competitions, quizzes, and cultural events.
• Meraki: FIIB’s global business plan competition, which attracts participants from across the world.

3. Global Immersion Programs

FIIB emphasizes global exposure through:

• International Study Tours: Students visit universities in Singapore, Malaysia, and other countries to gain international insights.
• Student Exchange Programs: Partnerships with international universities for semester-long exchange programs.

Faculty

FIIB boasts a highly experienced faculty with a mix of academic scholars and industry professionals. Many faculty members are Ph.D. holders and have rich experience in the corporate world, ensuring students receive practical knowledge alongside theoretical concepts. Guest lectures and workshops by industry experts are regularly organized to keep students updated on current trends.

Placements and Industry Exposure

Top Recruiters

FIIB has a robust placement cell, and top companies from various sectors visit the campus for recruitment. The key recruiters include:

• KPMG
• Deloitte
• Nestle
• Amazon
• ICICI Bank
• HDFC Bank
• Coca-Cola

Highest Package (2023): ₹21 LPA

Average Package: ₹7.5 LPA

Internships and Industry Interaction

FIIB focuses on providing practical exposure to students through:

• Summer Internships: Mandatory for all PGDM students, enabling them to gain real-world experience.
• Live Projects: Regular live projects with companies help students apply classroom knowledge to business challenges.
• Industry Visits: Students regularly visit leading organizations for firsthand exposure to corporate functions.

Conclusion

Fortune Institute of International Business (FIIB), New Delhi, is a top choice for management aspirants looking for a holistic education with global exposure and excellent placement opportunities. The institute’s focus on practical learning, strong industry connections, and modern infrastructure make it a leading business school in the country.

Ratings (Out of 5)

• Academics: 4.6
• Infrastructure: 4.5
• Faculty: 4.4
• Placements: 4.3
• Student Life: 4.6
• Industry Exposure: 4.5
• Overall Rating: 4.5/5