Some words that describe my brother's experience at FMS Delhi are relaxing, fun, and knowledgeable. Yes! FMS offers a blend of all three.
So FMS is a fun place to be provided that you manage your time well.
If there are some financial constraints, you should go for FMS Delhi for sure. The RoI is great and FMS Delhi is exceptionally good in terms of placements. But if you want to join the IIM brand, IIM A students can easily get education loans.
I personally know people who have dropped IIM A to be in FMS Delhi. So, it totally depends on your choice and priority. Both the colleges are of the same level, just the tag is the difference, so see what you weigh more.
I have said this before. No college is better than the other. It’s just a matter of preferences and suitability. Yet you are here comparing some 3 best B Schools in India. Neither of the 3 colleges is lacking in any aspect. So you won’t be making a bad choice by choosing one from FMS, XLRI, or IIM Lucknow.
The most crucial step while choosing a college is checking your priorities and knowing what you want from the college and where you are headed to in the future. Once you are determined in what you are seeking no college can really stop you. So don’t worry about the confidentiality at IIM Lucknow. With the right mindset, you can make the best out of it. I think focusing on the following aspects will help you make a better decision
Once you have set your goals, all the above 3 colleges will help you achieve them. Lastly, don't choose IIM Lucknow for its IIM tag. If you are honest with your goals, the IIM brand value is not more than a mere tag.
The minimum cutoff for the general category is 90, whereas the cutoff for OBC is 82 at IIM Lucknow.
Section |
Marks |
Verbal Ability and Reading Comprehension (Section 1) |
85 |
Data Interpretation and Logical Reasoning (Section 2) |
85 |
Quantitative Ability (Section 3) |
85 |
Total |
90 |
The final selection of a candidate is based on his position in the merit list. The merit list is prepared by calculating the Grand Total for all the students.
Grand Total = Shortlist Total + GDPI Total
SPJIMR has been among the top 5 or 10 B Schools over the past few years consistently. Its brand value can be compared to XLRI, FMS, and even IIMs except for IIM ABC. This is because even now there are some roles offered to IIM ABC students that are not offered at SPJIMR. But this is not a major issue as these roles seek only extraordinary profiles and In Fact, many other roles offered at IIM ABC are lower than average.
In SPJIMR even the lowest package is decent and the range of salary is not very broad. This year, SPJIMR's average package stood at INR 33.02 LPA.
Other key points to note in comparison to old IIMs is that our Highest CTC is lower than that of IIMs but our Lowest CTC is higher than that of IIMs. So I will suggest anyone with an exceptionally good profile to choose IIM whereas someone with a decent average profile should go for SPJIMR only. It is important to note that getting roles at SPJIMR is a bit easier than IIMs mainly because of the small batch size and less competition.
In most top B-schools, there are no specializations offered in their degrees, and the courses are common for all students in the first year. Hence, the undergraduate specialization of the student will not have much impact on the courses that they can do in the B-school.
However, some IIMs give different scores at the time of final selection based on the undergraduate degree. B.Tech graduates are generally given the least value, and other degrees like BSc Agriculture might get a special advantage. But this can vary across different B-schools, and you need to check the scoring system that is released by each IIM during the selection process.
In terms of placements, there aren't many companies related to agriculture that offer roles in top B-schools, so a BSc Agriculture graduate might not have any added advantage. There might be a disadvantage in roles like Information Systems or Operations roles that might prefer students with a technology background. However, in general, the degree of the student wouldn't impact the rest of the placements.
One such way is to google a list of extempore themes, talk about each one, and record your performance. If you can communicate well, this is the ideal approach to practice.
People choose FMS over IIM Indore for reasons other than ROI. They choose FMS over IIM Indore for better placements. It has a 50-year alumni network. and is situated in the heart of Delhi.
It takes a lot of persuasions to convince a company to come to Indore. After the first few days, the majority of interviews are conducted over the phone or via Skype, implying that companies make no investment of time or money in hiring Indore students. As a result, there are very few offers from telephone rounds. In comparison, any company from Gurgaon can take a day off to visit the renowned FMS and entice a few geniuses.
There are few alumni in top executive positions making hiring decisions. A smaller batch also means less competition and a better chance of landing prestigious jobs. The ROI factor comes into play when comparing FMS to IIM Lucknow, which is a difficult choice, but there isn't much of a choice between IIM Indore and FMS.
All five of the institutes mentioned in the question are among the best business schools in India. All of these business schools have been around for decades and have a long history.
Comparing these Institutes is not an easy process but since the question necessitates a comparison on the basis of placements, let us have a look at the comparison in placements of all these Institutes:
Institutes |
Highest International Package |
Highest Domestic Package |
IIM Ahmedabad |
83.5 LPA |
70 LPA |
IIM Bangalore |
NA |
NA |
IIM Calcutta |
80 LPA |
NA |
JBIMS |
NA |
34.36 LPA |
FMS |
NA |
58.6 LPA |
Institutes |
Average Package |
Median Package |
IIM Ahmedabad |
25.83 LPA |
NA |
IIM Bangalore |
26.18 LPA |
25 LPA |
IIM Calcutta |
27.9 LPA |
25.5 LPA |
JBIMS |
22.84 LPA |
22 LPA |
FMS |
25.6 LPA |
23.4 LPA |
According to the comparison, while the maximum package of JBIMS is significantly lower than that of other Institutes (including FMS), the average and median packages are comparable to the Institutes. It is also worth noting that JBIMS and FMS are the most affordable B-schools, with fees far cheaper than those levied by IIM A, IIM B, and IIM C. The ROI from JBIMS and FMS is unquestionably the greatest!
The FMS Delhi 2023 cutoff for admissions will be released soon. It will publish its MBA admission policy 2023 on its official website, with admission granted based on the CAT 2022 score. The CAT score required for a call from FMS Delhi is typically in the 99th percentile. The cutoff is determined by the composite score in CAT. It is determined by the number of candidates who took the CAT exam, the number of candidates who passed the CAT, the number of seats available in each category, FMS's previous CAT scores, and so on.
FMS cutoffs for CW 1, 2, and 3 are expected to be 11.00, 9.29, and 26.23, respectively. FMS has 12 supernumerary seats available in the CW (defense) category.