Foster Development School of Management: Admission 2026

Foster Development School of Management (FDSM), Aurangabad, established in 1988, is a renowned AICTE-approved management institute affiliated with Dr. Babasaheb Ambedkar Marathwada University. Located on a 1-acre urban campus in Garkheda Parishar, FDSM offers a modern infrastructure that includes a well-stocked library with over 3,000 books, computer and virtual classrooms, seminar halls, a gym, sports courts, and 24×7 Wi-Fi connectivity. The institute offers a specialized two-year MBA program in Information Management, providing students with focused academic training and industry-relevant skills. The college emphasizes practical exposure through workshops, guest lectures, industrial visits, and certification support, ensuring that students are industry-ready upon graduation. While it is not listed in NIRF, FDSM maintains a strong industry-academic link through various initiatives and placement drives. The placement cell has had notable success, securing 86 out of 91 job offers in 2024, with an average package of ₹4.9 LPA and the highest package reaching ₹16.15 LPA. Prominent recruiters include Infosys, TCS, and Wipro. Although the institute does not have on-campus hostel facilities, it provides assistance to students in securing off-campus accommodation in safe and affordable locations. With an annual MBA fee of around ₹1.11 lakhs, FDSM ensures strong return on investment through its well-tailored Information Management program. The college continues to grow its reputation as a competitive B-school in the region, known for its pioneering use of virtual classrooms and its strong connection with the industry.