“The school is an initiative of Xavier Labour Relation Institute (XLRI) and Indian Institute of Management (IIM) alumnus. This will help ease the placement procedure. The school also has strategic tie-ups with various European institutes,” the release quoted Mr. Kamlesh Vyas, Director, FISB, as saying.

He further added that the school will have lowered fees and fewer students in a batch. The school will provide students a free international exchange program, a laptop and a trip to Europe.

Graduation is the eligibility for MBA admission and the executive program requires one year of experience. The applicants will undergo a written test, group discussion and personal interview for admission. The admissions procedure ends on May, 15 and the academic year starts from June, 15, as per the school’s statement.

The school’s board of directors include government officers, CEOs and Directors of companies and the Dean of Management Development Institute (MDI), claimed the press release.