Amid concerns raised by parents and students over the recent disruptions at FIITJEE centers in various states, including Delhi NCR, the institute issued an official statement on Saturday, blaming the ‘centre managing partners’ for the crisis. According to the statement, the sudden desertion of some center managing partners, along with their teams, has led to the current situation.
The institute clarified that it has not independently decided to close any centre. Instead, company officials are actively working to restore operations at all affected locations within a reasonable time frame. FIITJEE also said its legal team is taking appropriate measures to address the criminal cases filed against it.
Fitji attributed the situation to a “criminal conspiracy” orchestrated by individuals with vested interests, adding that the truth would soon emerge. It warned of strict legal action against competitors allegedly engaging in unfair trade practices.
The institute urged the students to focus on their studies and not be influenced by misleading tactics. “FIITJEE has produced leading results in Jee Main, Jee Advanced, NTSE and Olympiads in India for the last 28 years. And will continue to do so. Fitji’s commitment to its success is unwavering,” the statement read.
The press release detailed the underlying reasons for the company’s financial challenges. It explained that decisions regarding centre-level operations, including profitability and expenses, are managed independently by managers, with the corporate office in Delhi providing assistance as required. However, due to mismanagement and exploitation by the managing partners, FIITJEE’s financial position deteriorated in January 2024.
In February 2024, the company reportedly addressed the core group and all managing partners, recommending operational optimization and better work culture to overcome financial difficulties. Despite these efforts, some managing partners allegedly failed to act and instead, exploited the situation to gain unfair advantages. “Instead of working on appropriate adaptation, they blocked entry and disrupted routine processes, exacerbating the financial crunch,” the statement said.
Fitji emphasizes its commitment to transparency and ethical practices, offering access to documentation and audits to authenticate its claims. The institute said its accounts are audited by reputed firms, ensuring compliance with all regulations.
