Our Legacy

Our Founder

Mr. R.K. Shrivastava

A Great Visionary and Entrepreneur
Feb 21, 1945 – Jan 1, 2005
"The woods are lovely dark & deep, but I have promises to keep And miles to go before I sleep; and miles to go before I sleep"

Mr. R.K Shrivastava (or ‘RK Sir’ as he was fondly called at FIIB) was born to a humble family in a small town in Madhya Pradesh, India. Post completing a B.E. in Electrical Engineering, he went to Indian Institute of Management, Kolkata to complete his PGDBM (MBA). Coming from humble beginnings, the lasting impact education had on his life success and contributions to society, stayed with him for ever and have been a living inspiration for the lives he touched.

He started his professional career with the DCM Group in various capacities, the last one being Executive Director–Exports. Despite spearheading several successful initiatives and his glorious stint as a young professional leader at DCM, he was hungry to contribute and achieve more. His entrepreneurial journey began in 1977 and continued until his last breath (2005). Over 3 decades, he founded and promoted a number of manufacturing and export ventures in industrial machinery manufacturing, mining, pharmaceuticals, textiles, and leather sectors. His efforts as an entrepreneur were duly recognized and he was felicitated on more than 20 occasions by national and international agencies of highest repute. Some of his key awards include:

VIJAY RATNA AWARD: Excellence in the field of industry

GEM OF INDIA AWARD: Contribution to social, political life of India

U.N. AWARD: Transfer of technologies, manufacturing practices & commerce

HIND RATTAN AWARD: Outstanding services, achievements & contributions

Being a staunch believer in the value of education and its role in changing one’s destiny, he founded the Fortune Institute of International Business in 1995 with a vision to providing high quality management education at par with international standards and relevant to the industry. Through the college, he aimed to develop outstanding managerial talent capable of providing responsible leadership. He dared all who knew him to dream, to work smart and strive for nothing less than excellence.

Today at FIIB we continue to live by the same set of values. We have a long way to go -dreams to fulfill, heights to reach and responsibilities to carry out; But with a strong core that was put in place by RK Sir, we are well positioned to achieve all that we set out to.

FIIB History

Since its inception in 1995, FIIB has worked towards rediscovering and reinventing MBA Education by working closely with the industry. Through its commitment to excellence in Management education, FIIB has been able to touch lives of close to 2400+ students and helped them realize their dreams of becoming Leaders and Managers, not only in India but across the globe. In 25 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.

  • 1994-1995
  • 1997
  • 2000-04
  • 2005
  • 2006-2008
  • 2010-2012
  • 2013-2015
  • 2016-2017
  • 2017-2019
  • 2020-Now


  • Fortune Society for Development and Promotion of International Business registered
  • Mr. RK Shrivastava appointed President
  • AICTE grants approval for PGDM intake of 60 students
  • 1st batch of 41 students (12 Women and 29 Men) begin PGDM journey from Vikram Farms, Pushpanjali


Academic Advisory Council (AAC) created under the Chairmanship of Prof Ishwar Dayal, Former Director IIM Lucknow. Other eminent personalities include:

  • Mr. M Ahmed, CMD –NSIC
  • Dr. Bani Baral, Dy Director -Tech Education
  • Mr. Claude Cellich, Former Chief of HRD -ITC/WTO Geneva
  • Mr. JN Chaudhary, Chairman -GOM Group
  • Dr. RK Dhawan, Former DG -FIEO, Advisor -FICCI
  • Mr. CP Jain, Chairman -NTPC
  • Dr. Rakesh Khurana, Pro VC -IGNOU
  • Prof. TN Kapoor, Former VC -Punjab University
  • Maj Gen DN Khurana, DG -AIMA
  • Mr. JS Madan, MD -ARKAY Enterprises
  • Dr. BL Madhukar, Director -MMTC
  • Dr. RKD Shah, Former Chairman -BHEL
  • Dr. Preetam Singh, Director -IIM Lucknow


AICTE approves enhancement of intake from 60 to 120 students 8th Batch completed with 124 students (23 Women and 101 Men) NBA Accreditation granted Fortune Journal of International Management (FJIM) launched


Mr. RK Shrivastava passes away

Mr. VK Shrivastava appointed president

Institute signs its first international MOU (with Walton College of Business, University of Arkansas)


Institute shifts campus to Vasant Vihar Prof. Sujit Basu, Director MDI Gurgaon and former Vice Chancellor Vishwabharti University appointed Chairman of the AAC First non IB specializations (Marketing, Finance, Operations, and HR) rolled out Institute’s ranking -32nd Overall in India and 3rd in Delhi, as per GHRDC rankings


Ms. Radhika Shrivastava appointed as Executive Director Maj Gen DN Khurana, appointed Chairman of the AAC Institute granted AIU Equivalence FJIM re-launched in new avatar – FIIB Business Review (FBR) 1st International Business Study Tour offered Inauguration of Ishwar Dayal Auditorium Meraki, the Institute’s National Level B-Plan Competition launched 1st FIIB Alumni Advisory Board meeting held / 1st Alumni Awards Night held Alumni Association launches the Western India Chapter


AAC expanded with induction of new members:

  • Maj. Gen. D.N.Khurana, AVSM, Ex-Director -AIMA
  • Prof Rajen K Gupta, Former Professor -MDI Gurgaon
  • Ms. Ritu Jain, MD – Eos Capital Advisors Pvt Ltd
  • Mr. Rajat Jain, Ex CEO -Xerox India, Ex CEO Disney India; Executive Vice Chairman, Neva Garments Ltd.
  • Mr. Amitabh Jhingan, Partner and National Leader -E&Y
  • Prof TN Kapoor, Former VC -Punjab University
  • Mr. Manish Kheterpal, Managing Partner – WaterBridge Ventures
  • Mr. Vinay Mittal, Ex- Chief Financial Strategist -HT Media; Ex CFO EXL Services
  • Mr. Saurabh Mittal, Sr VP – Fractal Analytics
  • Maj. (Dr) KPS Sandhu, Alumnus FIIB and Principal Consultant, Infosecure Consulting Pvt Ltd.
  • Ms. Radhika Shrivastava, ED – FIIB; Ex World Bank
  • Students’ Case Writing Competition Katastasi launched Alumni Association launches South India Chapter FBR indexed with EBSCO and CNKI Schola


International Management Conference (IMC) launched IBM Analytics Lab inaugratedAlumni Association launches 1st International chapter B-Involved Program introduced to improve student employability skills Alumni Association conducts the 10th Alumni Advisory Board meeting 23rd Batch (2017-19) Started with 180 students (79 Women and 101 Men) Institute’s ranking -34th Overall in India and 4th in Delhi as per GHRDC ranking


FIIB redefined its mission - To advance the practice of management and create leader-managers of business and social relevance

The tagline of 'Enter To Learn Leave To Succeed' established and #NoHypeMBA defined

The first chapter of TEDxFIIB launched

Accredited by NBA, Business Accreditation Membership with AACSB

Inauguration of Saddle Gym


Launch of FIIB FPM, EFPM, and PGDM in Financial Management

Discover FIIB
FIIB's Pledge - 51 Words to Live by

  • FIIB Auditorium
  • Cafeteria
  • Classrooms at FIIB
  • FIIB Electronic Resource Centre
  • Enjoy Indoor Games
  • Knowledge Resource Centre  of FIIB
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Fortune Institute of International Business, Plot 5, Rao Tula Ram Marg, Vasant Vihar, New Delhi-110057.
Tel: +91-11-47285000, Email: fiib@fiib.edu.in
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