FIIB History

Since its inception in 1995, Fortune Institute of International Business (FIIB), a premier Business B-School in Delhi, has worked towards rediscovering and reinventing MBA Education through developing an industry relevant and global curriculum delivered by erudite faculty. Through its commitment to excellence in Management education, the college has been able to touch lives of close to 1800 students and helped them realize their dreams of becoming Leaders and Managers, not only in India but across the globe. The focus of FIIB has been to bring a transformation in the mindset of its college students by encouraging them to make a difference in whichever field they choose. Through international collaborations and certifications, global immersion programs and regular industry interface, FIIB facilitates an all-round development of its college students into managers of tomorrow. Further, the vibrant student community where students have various platforms to display exceptional leadership qualities makes the experience of studying at the college holistic and enriching.

In 22 years of existence, the college has been lauded for its efforts. Its strong recruiter relationships, ranking among the best B-schools in India and awards by major business school academies are a testimony to the same.

  • 1995-1997
  • 1996-1998
  • 1997-1999
  • 1998-2000
  • 1999-2001
  • 2000-2002
  • 2001-2003
  • 2002-2004
  • 2003-2005
  • 2004-2006
  • 2005-2007
  • 2006-2008
  • 2007-2009
  • 2008-2010
  • 2009-2011
  • 2011-2013
  • 2010-2012
  • 2012-2014
  • 2013-2015
  • 2014-2016

1995-97

Established

Institutional training, visit to export promotion organizations, training in export /trading houses, abroad exposure of 2/3 weeks.

MOU’s and International co-operation with international organizations such as International Monetary Fund(IMF), World Bank, Asian Development Bank, UNCTAD, WTO, ITC etc.

Governing Body of FIIB founded:


President

Shri R.K. Shrivastava, President, Fortune Group of Companies


Members

Dr. D.H. Pai Panandikar, Former Secretary General, FICCI

Dr. V. R. Punchmukhi, Director Research and Information System for Non-Aligned & Developing Countries

Dr. R. K. Pandey, Former Director, IIFT, New Delhi

Dr. H. S. Chopra, Professor, School of International Studies-JNU, New Delhi

Dr. T. N. Sindhwaniss, Deputy Chief Consultant, Engineers India Ltd.

Dr. G.N. Gandhi, Former Professor (IIFT)

1996-98

Financial support of “Fortune Society Group of Companies” – a star trading House extended to FIIB

Region Oriented Specialization (ASEAN, EC and CIS)

Product Oriented Specialization- thrust product identify by Govt. of India

Foreign Languages -Chinese, German and Russian


1997-99

Mr. H.E. Giani Zail Singh, Former President of India, presented U.N. Award to Mr. R.K. Shrivastava, President, FIIB.

Linkage with trade and industry which are directly involved in international Business

Changes in the Governing Body


President

Shri R.K. Shrivastava, President, Fortune Group of Companies


Members

Dr. D.H. Pai Panandikar, Former Secretary General, FICCI

Dr. V. R. Punchmukhi, Director Research and Information System For Non-Aligned & Developing Countries

Dr. R. K. Pandey, Former Director, IIFT, New Delhi

Dr. H. S. Chopra, Professor, School of International Studies JNU, New Delhi

Dr. T. N. Sindhwani, Deputy Chief Consultant, Engineers India ltd.

Dr. G.N. Gandhi, Former Professor (IIFT)

Mr. Arvind Gupta, F.C.A, Manager Finance, Fortune International Ltd.

1998-2000

Former President of India, Dr. Shankar Dayal Sharma presented the National Award to Mr. R.K. Shrivastava, President, FIIB

Shri S.B. Mahapatra (IAS), Director General, Foreign Trade, Ministry of Commerce inaugurated PGDBM, College Batch 1997

Visit of select Academicians (IIFT) and faculty members from trade (HHEC, Reebok, Essar Group, JK International etc.)

1999-2001

FIIB-ians visited countries of Germany, Russia, Hong Kong, Laos and Dubai

Chief Minister of Madhya Pradesh, Mr. Dig Vijay Singh joined as the Chief Guest on Convocation at the college, 1998.

Shri Shyamal Ghosh (IAS) Secretary, Ministry of Textile, Govt. of India, inaugurated PGDBM, College Batch 1998-2000.

FIIB in collaboration with JNU and FIEO organized one day seminar on ‘India-EU Interface Focus on Trade Development and Technology Transfer’

Faculty Development Programs held at FIIB Delhi

2001-03

Shri R.K. Shrivastva received National Export Award from the Prime Minister of India, Shri A B Vajpayee.

PGDM in IT & E Commerce started

Col (Dr.) S.P.Wahi, Former Chairman, ONGC presented a lecture on ‘Up the Ladder’.

Shri N. Vittal, Central Vigilance Commissioner, GOVT. OF INDIA, addressed the Convocation Ceremony, 2000.

2002-04

Shri R. K Shrivastva received National Export Award from the Prime Minister of India, Shri Atal Bihari Vajpayee.

Seventh PGDM Program (2001-03) was inaugurated by Prof. Ashok Chandra, Special Secretary, Ministry of HRD, Govt of India.

Eminent personalities including Mr Subodh Bhargava, Former Chairman, ONGC; Shri Vinay Kohil, Former President, CII; Dr. R.A. Mashelkar, Secretary- Ministry of Chemicals and Fertilizers, GOVT. OF INDIA; Prof. Rafael J. Ananza, Director General, CSIR visited campus for Corporate Lectures

Number of seats increased from 60 to 120

Governing Body revised to include the following members


President

Mr. R K Shrivastava, President, Fortune Group of Companies & FIIB


Vice President

Mr. V K Shrivastava, President-Fortune International Ltd


Treasurer

Mr. Nivedan Bhardwaj, Managing Director- Fortune Stones


Secretary

Mr. B P Surendra, Advocate, Supreme Court & Delhi HC


Members

Dr. Ghanshyam Das, Former Principal, Govt P G College Srinagar, Garhwal

Mr. Ajit Singh, Merchant Banker

Mr. J N Chaudhury, IFS Retd.

2003-05

Introduction of 6 trimester system to cope with changing Business Environment

8th PGDM Batch (2002-2004) at the college was inaugurated by Shri R.V. Shahi, Secretary to the Govt of India, Ministry of Power.

Several students’ Committees including Placement Committee, Students’ Activity Committee( cultural),Students’ Activity Committee( Academics), Students Activity committee(Administration and Sports) were formed

Mr. M .M. Rajendran (Governor of Orissa) graced the college campus - by his visit on 19th July, 2003 and addressed the PGDBM students on “Globalization – Some Aspects of Changing Scenario”.

9th batch of PGDBM Program (2003-05) was inaugurated by Prof. Ashok Parthasarthi, Chairperson, Center for Studies in Science Policy, JNU on July 02, 2003.

2004-06

Proposed New Campus at Vasant Vihar, New Delhi

FIIB starts Bi-Annual Journal called “Fortune Journals of International Management”

A high power delegation from Kettering University, USA comprising of Dr.Tony Hain, Vice President (Graduate Studies & Corp. Connectios), Dr. Aggarwal, Dean & Mr.Gregory Hccia, Vice President (HR & Business Devel) & Mr. Anurag Shrivastava, Chief Technology Officer, Netlink Software Group, USA/ India visited FIIB for a collaborative program.

2005-07

PGDBM Program received accreditation by National Board of Accreditation (NBA)

FIIB ranked 22nd for Placements by various organizations

Shri R.K. Shrivastva received ‘National Export Award’ from Dr. Manmohan Singh, Prime Minister of India.

Dr. C. Rangarajan, Chairman 12th Finance Commission” Former Governor of Andhra Pradesh and RBI joins FIIB as Chief Guest at Convocation 2004

Prof. V. S. Ramamurthy, Secretary, Dept. of Science and Technology, Govt of India inaugurated the 10th batch of PGDBM program.

Dr. R Natrajan, Chairman AICTE, Ministry of HRD, GOVT. OF INDIA graced the Foundation Day Celebrations on September 04, 2004.

Mr. N. Srinivasan, Director General, CII addressed faculty and students on” Emerging Global Scenario”

Mr. Anmol J. Sandil, ED, Ashok Leyland addressed students on “Changing marketing Paradigms on Auto Mobile Industry World Wide.”

Governing Board reconstituted with the following members:


President

Mr V K Shrivastava, President-Fortune International Ltd


Vice President

Ms. Radhika Shrivastava, Director, Celebrity Kids India Pvt. Ltd


Treasurer

Mr. Nivedan Bhardwaj, Managing Director- Fortune Stones


Secretary

Mr. B P Surendra, Advocate, Supreme Court & Delhi HC


Members

Dr. Ghanshyam Das, Former Principal, Govt P G College Srinagar, Garhwal

Mr. Ajit Singh, Merchant Banker

Mr. J N Chaudhury, IFS Retd.

2006-08

Accredited by NBA

FIIB Ranked 27th by COSMODE, Business World

FIIB included in India’s top 100 B-schools by Dalal Street (2005)

FIIB declared ISO 9001-2000 certified Institute

Introduction of Executive Development Programs in collaboration with CII, FICCI, FIEO, Assocham, PHDCCI, AIMA, DMA, etc.

Five Regional scholarships of Rs 1 Lac announced for students

Sri K V Kamath, MD and CEO, ICICI Bank Ltd graced Convocation- 2005 as Chief Guest

Prof.V.N. Rajasekharan Pillai, Vice Chairman, UGC inaugurated the 11th Batch

Delegation from USA (Sam Walton college of Business, California state University), Pakistan (GIFT University, Gujrawala) and China came to FIIB.

2007-09

FIIB Rated as A+ category of Business school in India by Business India.

FIIB ranked 24th among the best Business Schools in the country and 9th in the northern region according to survey conducted by COSMODE.

Institute inaugurated a state-of-art modern computer lab with 120 terminals on LAN connected to windows 2003 server through Cisco switches.

Number of seats increased to 180(120 Full Times + 60 Part Time)

2008-10

Usha Albuquerque, Former News Anchor and Founder Director, Career Smart addressed the students on career options and how to face interview.

Governing Board included the following members:


President

Mr V K Shrivastava, President-Fortune International Ltd


Vice President

Ms. Radhika Shrivastava, Director, Celebrity Kids India


Treasurer

Mr. Nivedan Bhardwaj, Managing Director- Fortune Stones


Secretary

Brig. S. Mediratta, Registrar, FIIB


Members

Mr. Manish Kheterpal, Director-Providence Equity Partners

Mr. Ajit Singh, Merchant Banker

Mr. J N Chaudhury, IFS Retd.

2009-11

Ms. Radhika Shrivastava, Vice President received Business School with best academic input award at Dewang Mehta awards Ceremony, Mumbai.

Specialization in Marketing, Finance, HR, International Trade and Operations, IT and Operation Management introduced in PGDM Course.

Institute conducted in-company training programs for the following organizations: Hindustan Aeronautics Ltd, Jindal Steel and Power Ltd, SCOPE, Trans world, ICI, FIEO, Jindal Stainless

First student exchange program with Sam Walton College, USA conducted successfully on campus

2010-12

First Private sector Business School with focus on International business

Recognized as equivalent To MBA by AICTE

Rated as A+ institute by Dalal Street and included in India’s top 100 B-Schools by business India

The college put together a well-placed and active alumni network

Strategic collaboration with renowned international management institutions for student and faculty exchange incorporated in the curriculum

Rated as A+ institute by Dalal Street and included in India’s top 100 B-Schools by business India

2011-13

Rated as A+ institute by Dalal Street and included in India’s top 100 B-Schools by Business India

Ranked 16th in top B-Schools of Excellence in India by CSR-GHRDC (2010)

Included in India’s top100 B-School by Dalal Street

Received honors and awards; namely Asia’s Best School Awards, Suntec Singapore, DNA 7 Stars of the Industry Group Awards, Danik Bhaskar B-Schools Leadership awards, Dewang Mehta Business awards

Faculty undertook a variety of Consultancy programs

Compiled of a series of cases on different areas of management training and teaching

Students visited Slovenia, Finland and China on study abroad trip to interact with University of Tampere and visit Yakult and other industries.

Advisory Board constituted with the following members-


President

Dr. Sujit K Basu, Former Director, MDI Gurgaon


Secretary

Dr. A K Puri, DG, FIIB


Members

Mr V K Shrivastava, President-Fortune International Ltd

Mr. Manish Kheterpal, Director-Providence Equity Partners

Ms. Radhika Shrivastava, Director, Celebrity Kids India Pvt. Ltd

Mr. Nivedan Bhardwaj, Managing Director- Fortune Stones

Major Gen. D.N. Khurana, Ex-Director-AIMA

Dr. B B L Madhukar, Ex Director-MMTC

Dr. R K Dhawan, Former DG-FIEO

Dr. R K D Shah, Former Chairman, BHEL

Prof. T N Kapoor, Former Vice-Chancellor, Punjab University

Dr. Shefali Gautam, President, AIMS

Dr. N K Jain, Secretary, ICSI

Mr. Gaurav Gupta, Head, Sales and Marketing, Rieter Automotive India Ltd

Prof Vinay Auluck, Sr. Professor, FIIB

2012

Awarded The Best Management Institute for I B studies in India by Brands Academy

Awarded The Best Management Institute for I B studies in India by Brands Academy

Received Dainik Bhaskar B-Schools leadership award for excellent industry interface

2014-2016

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2000-2002

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2011-2013

Rated as A+ institute by Dalal Street and included in India’s top 100 B-Schools by Business India

Ranked 16th in top B-Schools of Excellence in India by CSR-GHRDC (2010)

Included in India’s top100 B-School by Dalal Street

Received honors and awards; namely Asia’s Best School Awards, Suntec Singapore, DNA 7 Stars of the Industry Group Awards, Danik Bhaskar B-Schools Leadership awards, Dewang Mehta Business awards

Faculty undertook a variety of Consultancy programs

Compiled of a series of cases on different areas of management training and teaching

Students visited Slovenia, Finland and China on study abroad trip to interact with University of Tampere and visit Yakult and other industries.

Advisory Board constituted with the following members-

Chairman-Dr. Sujit K Basu, Former Director, MDI Gurgaon

Members Secretary - Dr. A K Puri, DG, FIIB

Members:

Mr V K Shrivastava, President-Fortune International Ltd

Mr. Manish Kheterpal, Director-Providence Equity Partners

Ms. Radhika Shrivastava, Director, Celebrity Kids India Pvt. Ltd

Mr. Nivedan Bhardwaj, Managing Director- Fortune Stones

Major Gen. D.N. Khurana, Ex-Director-AIMA

Dr. B B L Madhukar, Ex Director-MMTC

Dr. R K Dhawan, Former DG-FIEO

Dr. R K D Shah, Former Chairman, BHEL

Prof. T N Kapoor, Former Vice-Chancellor, Punjab University

Dr. Shefali Gautam, President, AIMS

Dr. N K Jain, Secretary, ICSI

Mr. Gaurav Gupta, Head, Sales and Marketing, Rieter Automotive India Ltd

Prof Vinay Auluck, Sr. Professor, FIIB

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