FMS Delhi Fees 2027 Changes: Semester-Wise Fee Breakdown

Nehal Sharma

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Oct 27, 2026

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FMS Delhi Fees 2027 Changes: Semester-Wise Fee Breakdown

FMS Delhi Fees 2027 Changes

FMS Delhi opened applications for the 2027-2029 batch. In the information bulletin, the FMS Delhi fees for 2027 have been increased from ₹60,818 to ₹65,075 per semester. This means the academic fee for four semesters is now about ₹2.60 lakh, before adding the usual refundable caution deposit of ₹10,000. The university also says fees may be revised before or during the programme. If you aspire to enter FMS Delhi, plan your finances ahead.

Download FMS Delhi Brochure 2027-29 PDF

FMS Delhi MBA Fees 2027: Complete Fee Structure

The FMS Delhi MBA remains one of the most affordable options among leading management institutes, even after the latest fee increase. For the 2027-29 batch, the semester fee has changed from the previous ₹60,818 to approximately ₹65,075.

FMS Delhi MBA Fee Component

2027-29 Details

Semester fee

~₹65,075

Number of semesters

4

Approx. academic fee for 2 years

₹2,60,300

Refundable caution deposit

₹10,000*

Approx. fee including caution deposit

₹2,70,300*

*The caution deposit is generally ₹10,000 and is refundable subject to applicable university rules.

Also Read, FMS Delhi Form 2027 OUT, Last Date, Steps to Fill, Fees

FMS Delhi Total MBA Fees for 2 Years

The FMS Delhi MBA is conducted over four semesters. With the revised semester fee of approximately ₹65,075, the academic fee for four semesters works out to around ₹2,60,300.

Adding the usual ₹10,000 refundable caution deposit takes the indicative amount to approximately ₹2,70,300.

Fee Particular

Amount

Semester 1

~₹65,075 

Semester 2

~₹65,075

Semester 3

~₹65,075

Semester 4

~₹65,075

Total academic fee

~₹2,60,300 

Refundable caution deposit

₹10,000

Total Fees Including Caution Deposit

~₹2,70,300

The table below shows how the FMS Delhi MBA fee has changed across recent batches.

Admission Batch

Total Programme Fee

Semester Fee / Note

2027-2029

~₹2.60 lakh 

₹65,075  per semester

2026-2028

₹2.43 lakh

₹60,818 per semester

2025-2027

₹2.32 lakh

₹58,000 per semester

2024-2026

₹2.32 lakh

₹50,000-₹58,000 range

2023-2025

₹2.29 lakh

₹50,000 per semester

2022-2024

₹1.92 lakh

Subsidized structure

2021-2023

₹1.92 lakh

₹48,000 per semester

The latest revision means the academic fee has increased by about ₹17,028 compared with the 2026-28 batch, based on four semesters.

FMS Delhi Semester-Wise Fees and Payment Details

Check the semester-wise FMS Delhi fee distribution in the following table. FMS Delhi has specifically mentioned that fees can be revised before commencement or during the programme.

Semester

Approx. Fee

Semester 1

₹65,075

Semester 2

₹65,075

Semester 3

₹65,075

Semester 4

₹65,075

Total

₹2,60,300

Also Read: FMS Delhi Placements 2026, Highest Package & Top Recruiters

FMS Delhi Hostel Fees and Living Expenses

FMS Delhi's academic fee does not represent the complete cost of pursuing an MBA in Delhi. Candidates staying away from home should also account for accommodation, food, transport, study material and personal expenses.

Hostel and living expenses can vary based on the accommodation option, location and lifestyle. Therefore, a fixed hostel fee should not be added to the FMS academic fee without checking the applicable accommodation charges for the particular academic year.

The key advantage for aspirants is that the FMS Delhi programme fee remains relatively low, even after the latest increase, compared to several top IIMs and B-schools. If you are aspiring to enter FMS Delhi, you must check with the Delhi University hostel authorities to make the residential cost comparatively low.

FMS Delhi MBA Scholarships and Financial Assistance

FMS Delhi students can access different scholarship opportunities, including institute-linked and government scholarship schemes. The availability, eligibility and award amount can vary by year.

OP Jindal Engineering and Management Scholarship

The OPJEMS scholarship is available to selected management students from participating institutes, including FMS Delhi. The scholarship provides ₹1,50,000 to selected students.

For first-year candidates, selection is based on entrance examination performance at the time of admission. For students in subsequent years, academic performance in the previous year is considered.

Aditya Birla Scholarship

The Aditya Birla Scholarship is another major scholarship opportunity. The scholarship is intended to support high-performing management students and has an annual value of ₹1,75,000, according to the provided scholarship details.

The selection is based on entrance examination performance, with shortlisted candidates applying through the institute's prescribed process.

NTPC Scholarship

The NTPC scholarship supports eligible students from specified categories and backgrounds. Eligible full-time MBA or PGDM candidates can receive a ₹4,000 monthly stipend for two years, subject to the applicable conditions.

Students generally need to clear their first-year examinations on the first attempt to continue receiving the scholarship.

Central Government Scholarships

FMS Delhi also accepts applicable Central Government scholarship schemes for SC/ST candidates. Candidates should check the current eligibility conditions and application process for the relevant government scheme.

Also Read: IIM Scholarships 2026, Eligibility, Amount, Documents Required

FMS Delhi MBA ROI: Fees vs Average Package

The latest fee increase does not significantly change FMS Delhi's strong fee-to-placement value. Its programme fee remains substantially lower than the fees charged by several leading MBA institutes.

The table below compares programme fees with the average CTC of completed batches. The CTC-to-fee ratio is only a gross comparison and does not account for taxes, living costs or other expenses.

Admission Batch

Programme Fee

Average CTC

Approx. CTC-to-Fee Ratio

2024-2026

₹2.32 lakh

₹32.27 lakh

13.91x

2023-2025

₹2.29 lakh

₹30.10 lakh

13.14x

2022-2024

₹1.92 lakh

₹29.20 lakh

15.21x

2021-2023

₹1.92 lakh

₹34.10 lakh

17.76x

Even with the FMS Delhi fee increase for 2027-29, the programme continues to offer a strong fee-to-CTC comparison. The latest change raises the estimated academic fee from ₹2.43 lakh to about ₹2.60 lakh, but the fee remains modest compared with recent batches' placement figures.

Also Read: Best Non-IIM MBA Colleges in India with High ROI

FMS Delhi MBA Fees 2027: Conclusion

The FMS Delhi MBA fee has increased for the 2027-29 batch. Across four semesters, this works out to about ₹2.60 lakh, while adding the usual ₹10,000 refundable caution deposit takes the indicative amount to around ₹2.70 lakh.

The change is important for candidates applying through the FMS Delhi Form 2027, which opened on October 26, 2026. Since the university can revise fees before or during the programme, aspirants should check the latest official fee notice before making payments.

Despite the increase, FMS Delhi remains a strong option for CAT 2026 candidates, with its low MBA fee and strong placement-linked ROI.

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