Founders Educated at IIM Ahmedabad
FOSTIIMA's founding team comes from IIM Ahmedabad, bringing its educational experience, institutional philosophy and quality standards into the foundation of the school.
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FOSTIIMA Business School
FOSTIIMA Business School was founded by IIM Ahmedabad alumni with a vision to create a distinctive management education experience built around academic rigour, practical learning, experienced professionals and leadership development.
About FOSTIIMA
FOSTIIMA is one of the Best MBA Colleges in Delhi and the reason behind this is its advantage. Selecting the best MBA Colleges in Delhi from a list of numerous institutes can be challenging. Our difference isn't just in the marketing, it's in the DNA, our faculty and how our curriculum has been designed at FOSTIIMA Business School.
Through a highly interactive platform and an experiential environment, FOSTIIMA provides a conducive learning environment with an emphasis on teamwork, vision, creativity and discipline.
We have designed our MBA Course and PGDM Course in such a way that students understand the theory of business and then apply it to practical aspects of business. This practical connection is an important part of the learning experience at FOSTIIMA.
What makes FOSTIIMA unique is that students are not only learning management concepts, but are also exposed to industry veterans with experience across multiple cross-functional and cross-industry areas who bring their experience into classroom sessions.
The FOSTIIMA Advantage
FOSTIIMA's founding team comes from IIM Ahmedabad, bringing its educational experience, institutional philosophy and quality standards into the foundation of the school.
IIMA graduates contribute to the leadership and management of FOSTIIMA, helping shape curriculum, faculty, industry relationships and student development.
The MBA and PGDM curriculum is designed with an emphasis on academic rigour, practical relevance and benchmarking against leading management education standards.
Students learn from experienced professionals who bring corporate knowledge, case studies, decision-making frameworks and practical business perspectives into the classroom.
FOSTIIMA connects students with a broader professional ecosystem through its Pan IIT-IIM network and industry relationships.
Vision, Mission & PEOs
FOSTIIMA's educational philosophy focuses on contemporary management education, student success, professional development and preparing young managers for the challenges of an international platform.
Our Vision
Our vision is centred on delivering broad, inclusive, contemporary and futuristic educational services while aspiring for the successful careers of all our students.
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
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.
IIM–IIT Network
Our core faculty and founders focus on future challenges and on the IIM–IIT network to obtain the very best faculty and guest speakers.
Education • Ethics • Integrity • Discipline
Educational Philosophy
This vision includes inculcating among students the spirit of teamwork, work culture enrichment, enhanced personality development and effective interpersonal communication.
Developing the spirit of teamwork and collaboration among students.
Enriching work culture and preparing students for professional environments.
Enhancing personality, confidence and overall professional development.
Building effective communication and interpersonal skills.
PEOs
Success of our students is critical to our founder trustees. FOSTIIMA's approach connects management education with changing markets, core competencies, corporate requirements and the development of young talent.
The success of our students is critical to our founder trustees and remains central to the educational approach at FOSTIIMA.
Creative and experiential management education is essential for developing the capabilities required to gain market share, expand into new markets and master core competencies.
The founders and core faculty focus on future challenges and leverage the IIM–IIT network to obtain the very best faculty and guest speakers.
Educational institutions and corporates can work in synergistic alliance to discover and nurture young talent for the changing professional environment.
In order to gain market share within existing markets, to expand into new markets, to set up attainable long-term objectives, to excel and to master core competencies, creative & experiential management education has become imperative. The onus for discovering and nurturing young talent lies with today's educational institutions in synergistic alliance with the corporates.
From Vision to Leadership
FOSTIIMA's vision and mission are supported by its founders, faculty and educational ecosystem with a focus on developing capable, confident and future-ready managers.
Message From Chairman
The vision of FOSTIIMA is closely connected with the experience, educational foundation and leadership of its founder trustees.

Founder & Executive Chairman
Founder and Executive Chairman of FOSTIIMA Business School.
A Founder's Perspective
Anil Somani is a Chemical Engineer from IIT Bombay and completed his PGDBA from IIM Ahmedabad in 1973. His academic journey combines two of India's leading institutions and forms an important part of the foundation behind his approach to management education.
Following a stint in the corporate world, he went on to promote and expand his family business and also promoted a pharmaceutical company. His professional journey included leadership responsibilities across business, industry and institutional initiatives.
He has also served as Vice-President of the MP Chambers of Commerce & Industries and participated in several trade delegations on critical economic issues. From 1992 to 2001, he served on the Board of Governors of the Indian Institute of Tourism and Travel Management.
FOSTIIMA's institutional vision places strong emphasis on quality management education, experienced leadership and preparing students for the challenges of the professional world.
Chemical Engineering graduate
PGDBA, 1973
Business & corporate leadership
Trustees & Founders
FOSTIIMA's foundation is supported by experienced professionals and alumni who have contributed to the institution's vision, management education and long-term direction.
Explore the founder trustees who have played an important role in shaping the institution's vision and educational philosophy.
7 Founder Trustees
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Our Objectives
Our objectives are centred on meaningful student engagement, collaborative learning, active participation, continuous feedback, discipline and high expectations.
Objective 01
Frequent student-faculty contact in and out of classes is the most important factor in student motivation and involvement. Faculty must help students deal with high stress and keep on working to achieve results. Knowing a few faculty members well enhances students’ intellectual commitment and encourages them to think about their own values and future plans and develop mutual trust. This is what mentoring is all about.
Objective 02
Learning is enhanced when it becomes team effort rather than a solo race. Good learning, like good work, is collaborative and social, not competitive and isolated. Working with others increases involvement in learning. Sharing one’s own ideas and responding to others’ reactions sharpens thinking and deepens understanding.
Objective 03
Learning is not a spectator sport. Students do not learn by sitting in classrooms listening to teachers, memorizing pre-packaged assignments, and regurgitating answers. They must cogitate over what they are learning, write about it, relate it to past experiences and apply it to their daily lives. They must make what they learn part of themselves.
Objective 04
Knowing what you know and realizing what you don’t know focuses the mind on learning. Students need appropriate feedback on performance to benefit from courses. At various points during the program and towards the end, students need chances to reflect upon what they have learnt, what they still need to know, and how to assess themselves.
Objective 05
Time plus energy equals learning. There is no substitute for time on task. Learning to use one’s time well is critical for students and professionals alike. Allocating realistic amounts of time means effective learning for students and effective teaching for faculty. How an institution defines time expectations for students, faculty, administrators, and other professional staff can establish the basis of high performance for all.
Objective 06
Expect more and you will get more. High expectations are important for everyone – for the poorly prepared, for those unwilling to exert themselves, and for the bright and well-motivated. Expecting students to perform well becomes a self-fulfilling prophecy when teachers and institutions hold high expectations for them and make extra efforts.
Objective 07
There are many roads to learning. People bring different talents and styles of learning to college. Brilliant students in the seminar room may be all thumbs in the lab or in an art studio. Students rich in hands-on experience may not do so well with theory and exams. Students need the opportunity to display their talents and learn in ways that work for them.
Objective 08
Students have to be prepared for very vigorous course work. Great managers are forged and at FOSTIIMA we don’t believe in any shortcuts. Smart work and hard study is the surest path to a rewarding career and enhancing self-worth.
Our Commitment
Students have to be prepared for very vigorous course work. Great managers are forged and at FOSTIIMA we don’t believe in any shortcuts. Smart work and hard study is the surest path to a rewarding career and enhancing self-worth.
These principles form an important part of the student experience at FOSTIIMA, from classroom interaction and mentoring to active learning, feedback and professional preparation.
Infrastructures
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