FACULTY OF MANAGEMENT STUDIES (FMS), DELHI

Do you want to get into a college where the total MBA fees for 2 years are only Rs. 2 lacs, yet the average package is as high as INR 30 LPA? Without a doubt, this college competes with the prestigious IIMs. What's more? You can get an INR 34 LPA package even if you have low marks in academics! To put it differently, your 10th, 12th and graduation marks are given low weightage in the selection criteria. Yes, obviously, we are talking about FMS Delhi.

All MBA aspirants are certainly aware of the high return on investment factor of this institute without a doubt. Hence. it is really, very important to know everything about the B-school to maximize your chances of getting selected for this prestigious institute. This blog is your complete guide to FMS Delhi. In this part of the blog, we'll talk about everything about the college, the courses it offers, entrance exams accepted here, detailed fee structure for all its courses, and last but not the least, its notable alumni. We'll also answer some burning frequently asked questions related to these. So, let's dive in with this in mind!

About FMS Delhi

FMS stands for Faculty of Management Studies. It is affiliated with the University of Delhi. FMS is also accredited by National Assessment and Accreditation Council (NAAC). This institute was established in 1954 and is ranked the 2nd best MBA institute in India after IIM Ahmedabad by Indian Institutional Ranking Framework (IIRF). This B-school is popularly known as 'The Red Building of Dreams'. It was started under the Delhi School of Economics premises.

Courses Offered in FMS Delhi

FMS offers a full-time MBA program, an executive MBA, and executive MBA in healthcare administration. Moreover, it also offers many doctoral programmes such as Ph.D. So, let's understand these courses in detail.

Master of Business Administration (Full Time)

This is the most sought-after course at FMS. The MBA programme at the Faculty of Management Studies (FMS) in Delhi helps you become a highly competent professional manager.

The foundation of the two-year MBA programme is two fold:

Strong Analytical Skills: You get familiarity with fundamental concepts and instruments in a range of management specialities throughout the first year. A solid foundation in business theory and expertise is provided by this demanding programme.

Academic Flexibility: FMS values each student's unique learning approach. By selecting electives that fit your professional goals, the programme enables you to personalise your experience.

In the 1st year, you'll acquire a firm foundation. You'll be thoroughly engaged in foundational courses that present you with key management ideas during your first year. This demanding curriculum emphasises the development of analytical and critical thinking abilities across a range of subjects. A summer internship programme serves as the year's capstone, giving you the chance to put these ideas into practice in a practical situation.

The 2nd year is about creating your future. You are given more freedom to design your career path in the second year. You'll select electives that support your professional aspirations after considering the lessons you learned and the internship you completed during your first year. Engaging with eminent academics and business executives who mentor you in both foundational and specialized courses would be beneficial.

Personalised Education with Real-World Application

Small class sizes and team-based learning are two of the ways that FMS promotes a caring atmosphere. With this hands-on, application-focused approach, you can build excellent communication and collaboration skills while receiving individualized attention.

Subjects Learned During the  MBA Course

First Year

Second Year

Apart from the above mentioned subjects, students have to choose 5 electives each in the 3rd and 4th semesters out of the list of optional electives.

Summer Training

After completing their 1st year, students undergo a summer internship during October or November. Students go through a training in an organization. The average stipend was INR 2 lacs while the highest stipend being INR 4 lacs. We will discuss the placements in detail in the next part. So make sure you read the full blog!

Executive Programmes in FMS

FMS Delhi provides two specialised evening programmes for professionals in the workforce who want to grow in their professions without compromising their job obligations.

• MBA Executive (Evening Programme): This programme gives seasoned professionals the know-how and abilities needed to succeed in leadership positions in a range of sectors. Because the programme has a strong emphasis on practical application, you may apply what you've learned right away to your current project.
• The evening programme of the MBA Executive Health Care Administration: This programme explores the commercial and administrative facets of healthcare delivery and is intended for healthcare professionals. You'll become an expert at leading healthcare organisations, encouraging creativity, and negotiating the always changing healthcare environment.

Advantages of Executive Evening Programmes

• Flexibility: These programmes, which provide evening lectures to accommodate hectic schedules, enable you to pursue your academic objectives while maintaining your work obligations.
• Skilled Group: Gain knowledge from a varied collection of employed individuals, promoting beneficial chances for networking and peer-to-peer learning.
• Improved Skills: Get a competitive advantage with information pertinent to the business and honed leadership abilities.

Doctoral Programmes in FMS

FMS Delhi provides doctoral programmes in management for those who are enthusiastic about academics and research. These demanding programmes allow you the chance to focus on a particular area of management and make novel research contributions to the subject.

Who is the Ph.D. programme for?

• Those having a solid foundation in academia and an enthusiasm for research.
• Professionals looking to go into research or academic positions.
• Those who want to work as thought leaders in the management field in which they have selected.

FMS Accepting Exams

FMS Delhi only accepts the Common Admissions Test (CAT) for admission to its flagship Full-Time MBA course. It does not take into consideration any other exam for selecting candidates.

Number of Seats in FMS

Other Courses at FMS Delhi

• PhD Programmes: In addition to a research proposal, these programmes may need qualifying examinations such as the UGC-NET, UGC-CSIR NET, or other national fellowship exams.
• MBA Executive Programmes: A variety of criteria, including educational background, professional experience, essays, and interviews, are used to choose candidates for these programmes.

FMS Delhi Fees 2024

FMS is renowned for its affordability. The University of Delhi, which is publicly supported and gets government funding to help keep tuition reasonable, includes FMS Delhi as one of its divisions. The school's alumni network also contributes financially to infrastructural improvements like new classrooms and libraries.
The fees for MBA programmes at FMS Delhi are payable at the beginning of each semester. The semester fee for the MBA programme is Rs. 50,000, per each semester.

Here's a table outlining the indicative fees for all the courses at FMS Delhi.

Notable Alumni from FMS Delhi

Here's a quick look at the exceptional alumni of FMS Delhi

Frequently Asked Questions (FAQs)

Q. Which exams are accepted by FMS Delhi?

A. FMS Delhi only accepts the CAT scores for selection.

Q. What is the salary of FMS alumni?

A. The average salary at FMS Delhi for MBA is INR 34 LPA while the highest placement has crossed a crore INR per anum.

Q. How much does it cost to study in FMS Delhi?

A. The full time MBA course fee is Rs. 2,00,000 while both the executive courses cost Rs. 1,00,000.

Q. Why is FMS fees so low?

A. FMS is affiliated to Delhi University. Hence, it receives funding from the Government of India and Delhi University.

Q. Can I join FMS Delhi without CAT?

A. No, FMS Delhi only accepts CAT scores for admission to its MBA programme.

Q. Does FMS take its own exam?

A. No, FMS only accepts CAT and doesn't conduct any entrance of its own.

Q. Which one is best FMS or IIM?

A. Both BLACKI IIMs and FMS are of equal competition. However, students prioritize their choice based on certain factors that matter to them.