FUEL Business School (FBS), founded in 2007 by the non-profit organisation FUEL (Friends Union for Energising Lives), is an AICTE-approved management institute affiliated to Savitribai Phule Pune University (SPPU).
FBS stands out as one of Pune's socially-conscious B-schools, blending academic excellence with a commitment to national development goals.
The institute has prestigious collaborations with NITI Aayog's Atal Innovation Mission, Ashoka University, the University of Cambridge (UK), and NSDC Skill India — giving students access to nationally and globally benchmarked curriculum inputs.
FBS offers MBA and PGDM programmes across Marketing, Finance, HR, Supply Chain, and Business Analytics. The institute reported a 90% placement rate in 2024–25, with all 30 registered PGDM students successfully placed. FUEL's campus at Bhugaon provides a focused learning environment while remaining well-connected to Pune city.