Federal Institute of Science And Technology is administered by the Federal Bank Officers Association Educational Society (FBOAES) – an initiative of the Federal Bank Officers Association (FBOA), the sole representative body of the entire officers in The Federal Bank with 35 years of yeomen services to its credit. The society has been formed with the aim of establishing a Center of Excellence for professional studies.

Society has enlisted the support of many luminaries from the fields of education, technology, administration and banking to guide the functioning of FISAT. The Advisory Board of the Society consists of eminent personalities with proven capabilities.