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.
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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