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I want to do an MBA either from FMS Delhi, JBIMS or TISS Mumbai because I can't afford a loan. Is it a wise decision? I'm a working aspirant.
Pursuing an MBA from a top college like an IIM can provide many benefits, such as excellent campus life, an increased likelihood of getting a desired job, and boosting the overall value of your career. It’s viable to obtain a loan to pay for it because the interest rates are often low, and there is a grace period before repayment begins.
IIMs should be given more priority than colleges like FMS, TISS, JBIMS, or XLRI as they have more brand value and can offer better opportunities in terms of networking and job prospects. However, it is a personal decision that should consider your career goals, financial situation, and personal preferences.
What, apart from a high CAT percentile, is needed for an admission into FMS, MDI Gurgaon, and XLRI?
Apart from a high CAT percentile, there are many other ways to get admission into FMA, MDI and XLRI.
- Good academics are very beneficial and always help in any college selection interview.
- A well-made resume never hurts and makes you stand out from the rest of the crowd
- Having a past of doing some volunteer work
- Candidates that have genuine hobbies, internships, certifications, etc, up their sleeves also have improved chances of selection.
- The most important requirement for selection is acing the personal interview. During the interview, you should confidently showcase your personality which is a perfect blend of hobbies and academics with clarity of goals.
- Work experience is also important. Preferably 2 to 3 years.
- Your confidence level also plays a major part in the selection.
All in all an all-rounded profile with the right mix of extracurriculars, hobbies, and academics will improve your chances of admission.
If I get an admission in FMS Delhi and I'm doing an MBA in finance, will my past academic records affect my placement at FMS? I got 77% in 10th, 68% in 12th, and 68% at engineering graduation.
You will probably face challenges in getting admission to FMS Delhi due to your academic records. There is a high level of competition, and a percentile score of 99.80 or higher will be needed to receive a call. Consider why you want to pursue finance as a career and examine your mindset and motivations in detail. Your past academic records can also affect placements, which means that your grades in 10th, 12th, and engineering graduation will play a role in your eventual job prospects after completing an MBA in finance at FMS.
Which will be a better choice, IIM Nagpur or FMS in Delhi?
FMS in Delhi is unquestionably a better choice than IIM Nagpur.
FMS is compared to the older IIMs, specifically the top three. That's when there can a confusion as to which one to choose. IIM Nagpur, on the other hand, is a newer IIM, and despite the fact that it is an IIM, the very bright students would go there, and they will undoubtedly have a very good placement record, though we do not yet have enough data to validate this. And FMS is a well-known college, with statistics demonstrating its stellar campus placement record and exceptional alumni base.
In addition, the Return on Investment (ROI) for FMS is higher because their tuition is lower than that of IIMs.
How good is FMS Delhi for Operations SCM and Systems?
FMS is one of the top institutes in our country, it provides the best quality education, and it has the best faculties in the MBA fraternity.
SCM and operations course is taken care of by Prof. Debadyuti Das at FMS Delhi, he has been teaching operations subjects for the past 19 - 20 years, and he is an exceptional teacher. You will get to learn a lot from him. His teaching methodologies are engaging. So, if you are planning to study SCM at FMS Delhi, I suggest you go for it.
If I talk about placements in operations, so many ops companies do visit FMS, and they hire for supply chain management roles.
How much stipend is given to FPM students of FMS Delhi?
FPM (Fellow Programme in Management) students at FMS Delhi typically receive a monthly stipend of INR 50,000 during the first year of their program. This amount can be subject to change, and I recommend confirming the current stipend amount with the institution directly.
Are less than 60 btech graduates given admission in FMS Delhi,XLRI.XIM and JBIMS Mumbai?
FMS Delhi, XLRI, XIMB, and JBIMS are all highly regarded B-schools in India that offer postgraduate management programs. As these programs are PG courses so they require candidates to have a bachelor's degree from a recognized university.
The number of seats and admission criteria for these programs may vary from year to year and depend on factors such as the number of applicants, the performance of the applicants in entrance exams, and the selection process of each institution. Below is a table of batch sizes of all these colleges;
|
Institution |
Program |
Approximate Batch Size |
|
FMS Delhi |
MBA |
200 |
|
XLRI |
PGDM |
360 |
|
XIMB |
MBA |
360 |
|
JBIMS Mumbai |
MMS |
120 |
Although all these institutes try to keep the batch as diverse as possible still the ratio of B.Tech and non-B.Tech is highly skewed towards B.Tech. So, it is unlikely that less than 60 B.Tech graduates are admitted to these institutions. These institutions typically have a rigorous selection process, and the number of seats available is usually limited.
However, the exact number of B.Tech graduates admitted to these institutions may vary depending on the specific program and admission cycle.
What should I choose between FMS, Delhi and IIM-S?
Although there should not be any confusion at all as there is a huge difference between FMS and IIM-S. FMS is one of the two best B-schools in India, while IIM-S is good but not at par with FMS, except only for the IIM tag.
Choosing between FMS Delhi and IIM-S depends on your personal goals, preferences, and many other factors. Both institutions have their strengths and weaknesses, so you should carefully evaluate your options before making a decision. You should consider your long-term career goals and see which institution aligns best with those goals. You should also consider factors such as location, cost, and campus culture.
Below is a table comparing them on different aspects:
|
Criteria |
FMS Delhi |
IIM Shillong |
|
Established |
1954 |
2007 |
|
Ownership |
Public |
Public |
|
Program Offerings |
MBA, MBA Executive, MBA Executive Health Care Administration |
MBA, MBA (I&E), MBA (BA) |
|
Admission Process |
CAT Score, Group Discussion, Personal Interview, Work Experience, Extracurricular Activities |
CAT Score, Written Ability Test, Personal Interview, Academic Record, Work Experience |
|
Highest Salary |
INR 1.23 CPA |
INR 71.3 LPA |
|
Average Salary |
INR 34.1 LPA |
INR 26.96 LPA |
Why is FMS Delhi called a low-cost placement agency and not a real business school?
When one is thinking of a B-School, there are certain expectations and hopes. If I start listing each of them right now, it will become an essay, so I’ll try to filter the most popular ones. Placements and Campus life are two of the most important aspects of any B-School.
The average package of FMS is around 34 LPA, and in terms of ROI, no other institute comes even closer. FMS might be called a low-cost agency, but Companies don’t recruit students and pay them a hefty amount if it isn’t for their talent and potential.
FMS has a rich legacy; it started in the year 1954, which makes it older than the first few IIMs. It’s situated in the heart of Delhi. The whole north campus will feel like home to you. It’s strange that despite not having a great campus, FMS Delhi will provide you with one of the best campus experiences.
Is FMS Delhi a good college for MBA Finance and can I get a good placement?
Yes, FMS is a very good college for MBA not only for finance but all other domains as well. The companies coming to the campus for Finance include:
American Express, Axis Bank, DE Shaw, HDFC Bank, NatWest, HSBC, and Goldman Sachs, among others.
The finance placement data of FMS is given below -
|
Company |
CTC |
Designation |
No. of Students |
|
American Express |
24 |
Management Trainee |
11 |
|
Avendus |
25 |
Associate |
1 |
|
Axis Bank |
22 |
Management Trainee |
2 |
|
Bharti Enterprises |
26.5 |
Management Trainee |
1 |
|
Citi Bank |
21 |
Management Trainee |
1 |
|
Crisil |
16 |
Analyst |
1 |
|
FinIQ |
25 |
BDA |
1 |
|
HDFC Bank |
19.5 |
Functional Analyst |
1 |
|
IIFL |
18 |
Sales Strategy |
1 |
|
Nomura |
20 |
Sr Analyst |
3 |
|
Nykaa |
22 |
Manager |
4 |
|
Standard Chartered |
35 |
Analyst |
1 |
The final placement data for FMS is given below -
|
Particulars |
Placements Statistics (2021-23) |
Placements Statistics (2020-22) |
|
Number of Students Placed |
269 |
257 |
|
Placement Percentage |
100% |
100% |
|
Highest Package |
INR 1.23 CPA |
INR 58 LPA |
|
Average Package |
INR 34.1 LPA |
INR 32.4 LPA |
|
Median Package |
INR 31 LPA |
INR 30 LPA |
|
Major Domains |
Consulting, Marketing |
Consulting/General Management |
|
Top Recruiters |
Accenture Strategy, Airtel, Amazon American Express, Bain & Co, BCG etc |
Boston Consulting Group, Nykaa, Paytm, Adobe, Adani Group, BYJUs |
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