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How is FMS Delhi better than the IIMs?

TA
Tithi Aggrawal Posted On : May 30th, 2023
Lives in New Delhi

This is known as the "Clash of the Titans." At one end, there is India's leading chain of top B-schools (there are 20 in total), and the opponent attempting to oppose them is the Faculty of Management Studies, New Delhi, which is renowned as the B-school with the highest ROI in India.

Round 1 Procedures for Selection Comparison

IIMs require a high CAT percentile (excellent meaning 99-100) as well as at least 80% in 10th and 12th grades. Your graduation grade should be exhilarating as well.

The subsequent rounds are also available once you have passed the CAT with the required percentile. WAT (Writing Ability Test) and PI (Personal Interview) are the two rounds. Your leadership experience is critical in the PI round.

Once you seek admission to FMS, it is no less brutal than IIMs. The basic qualifying condition in their selection process is also a CAT score with an excellent percentile. Though their academic qualification eligibility standards appear to be wide, they genuinely evaluate only those with outstanding academic records.

Candidates who are shortlisted based on their CAT scores and academic records will be required to go through additional rounds of GD, PI, and Extempore.

Both opponents receive the same score here.

Round 2 Comparison of Professors

IIMs: IIMs, particularly the top tier ones, have some very outstanding minds from around the world to teach management learning at its best. They are a diverse group of veteran and young academics that value interactive sessions.

FMS: It has no envy for the professors on board at IIMs because they also have brilliant academicians on their boards. Click the Faculty Directory to view their faculty member's individual profiles. Not all IIMs are represented by the 20 links. So don't consider sharing the FMS faculty page link to be a biased decision.

The scores stay unchanged, i.e. equal.

Round 3 Scenarios of Placement Comparison

IIMs: It's time to look at some statistics about the placement situation at IIMs in 2023. It will assist you in comprehending the scene.

  • An IIM A student received a hefty international package worth $140,599.
  • At IIM Indore Placement 2023, the highest domestic package of INR 1.14 Crore Per Annum was offered. It was the highest score achieved by any IIM.
  • The lowest package was INR 8 LPA at IIM Rohtak.

I assure you that the FMS placement scenario will not allow IIMs to seize the lead. Let us now look ahead to their 2019 placements.

  • At FMS Placements 2023, the top domestic package is INR 1.23 Crore Per Annum.
  • The average CTC of FMS, Delhi in 2023 is INR 34.1 LPA, which is higher than the previous year.
  • At FMS, Delhi, the lowest package recorded is INR 11 LPA.

This round gave FMS a tiny advantage over IIMs. However, it was not a compelling one, thus we shall proceed to Round 4 as a tie-breaker.

Round 4 Fee Schedule

  • IIM Ahmedabad- Rs. 30 lakh
  • IIM Bangalore- Rs. 24.5 lakh
  • IIM Calcutta- Rs. 31 lakh
  • IIM Lucknow- Rs. 19.23 lakh
  • IIM Kozhikode- Rs. 22.5 lakh
  • IIM Indore- Rs. 21 lakh
  • IIM Trichy- Rs. 19.5 lakh
  • IIM Amritsar- Rs. 16 lakh
  • IIM Rohtak- Rs. 18 lakh
  • IIM Bodhgaya- Rs. 16 lakh

FMS- 1.92 Lakh

Even if you are put at a top-tier organization, there is no need to take out a loan and bear the load. The whole MBA price at FMS is cheaper than the income of ten days that you will receive after completing your MBA here.

In this round, FMS defeated IIMs and became victorious. So, FMS Delhi is always a better option than IIMs.

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What are the chances of a fresher to get selected in FMS, XLRI, MDI with less than 60% in 12th?

AC
Abhirup Chatterjee Posted On : September 14th, 2022
PGDM in Human Resources, Xavier School of Management

It will be difficult to get into colleges such as FMS, XLRI, and MDI with less than 60% in 12th. But it’s achievable. FMS assigns 10% weight to 10+2 scores. So, if you manage to score around the 99.5 percentile in CAT, you will have a chance of getting shortlisted. You need to perform well in the GD-PI round as well. XLRI and MDI assign 15% weight to past academics and work experience. 

So, try to work on your profile by adding extra-curricular activities. Also, prepare well for entrance tests and the GD-PI round. 

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Does FMS DELHI give any weightage to 10th and 12th marks or the admission is purely based on CAT and PI?

DB
Divjot Bagga Posted On : January 10th, 2023
Studied at the Faculty of Management Studies, the University of Delhi

FMS Delhi is India's most prestigious business school. It is ranked 6th among all B-schools in India. It has a low fee structure and excellent placement. FMS Delhi's average placement is approximately 22 LPA. As a result, students who enrol at FMS can expect an excellent return on investment. 

Every year, many students choose FMS Delhi over IIMs because of the high ROI. FMS Delhi doesn't give any weight to academics. You should only be eligible. To get a call from FMS Delhi, you must have a CAT score of 98 or higher. The rest is determined by your GDPI. You can secure your seat by performing well in GDPI.

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Do you know anyone who got into a top b-school (IIMs, XLRI, JBIMS, NM, IIFT, FMS etc.) with average UG percentage?

AM
Ashish Metkar Posted On : February 20th, 2023
MBA from Jamnalal Bajaj Institute of Management Studies (Graduated 2011)

Yes, I do know a friend who managed to get calls from many top B Schools despite having an average Undergraduate Score. Her profile looked like this

  • 10th- 76%
  • 12th- 68%
  • UG- 64%

Although her marks witnessed a gradual decline, she was lucky enough to study at XLRI. Past academics are considered as one but not the major factors at XLRI, unlike IIMs that focus a lot on past academics. A good XAT and GD-PI score can compensate for your poor academic record at XLRI, FMS, and JBIMS. NITIE is a top B School that does not consider past academics at all. My friend with her average profile managed to convert NITIE, XIMB, and all the IIMs except for the top ones obviously. So we can safely assume that admission into these top B Schools is possible even with an average profile provided that you score excellently in the CAT or XAT and the GDPI round.

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Which is best, FMS, XLRI, or IIM Lucknow?

PT
Pragya Tripathi Posted On : January 16th, 2023
DTU'20 | CAT'21: 99.63%ile | XAT'22: 99.68%ile

Making a decision about a school is similar to creating a regression model, where the features serve as the parameters and the coefficients represent the students' preferences.

Batch size: The placement at XLRI Delhi is combined with the JSR batch. As a result, the combined batch size (XLRI JSR BM + XLRI JSR HR + XLRI Delhi BM) is quite large but still significantly smaller than IIM Lucknow. FMS is the clear winner in terms of batch size. As a result, FMS > XLRI > IIML.

Group of peers: This is a highly debatable and relative parameter. XLRI has no reservations, and some argue that people are chosen solely on merit, whereas FMS and IIML have more than 50% reservations. As a result, a better crowd.

The CAT score: It is extremely important to FMS. You'll mostly find a more educated crowd there. IIM Lucknow has very diverse selection criteria, similar to IIM Bangalore. In their selection criteria, they consider gender and academic diversity, previous academic records, work experience, and so on, ensuring a consistent and diverse crowd. Now it all comes down to personal preference, FMS > IIML > XLRI.

Tag: IIM Lucknow has an old IIM tag and is well-known worldwide. XLRI and FMS are both very old institutes with strong brand identities. Personal preference once again. IIM > XLRI > FMS.

Campus Life: FMS has no hostels and a very small campus. You're basically a day student there. IIML = XLRI > FMS.

Finance: Lucknow has more financial opportunities than the other two in terms of profiles available and companies visiting campus. FMS >= IIML.

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Has anyone left JBIMS for FMS? If yes, then why?

SM
Swapnil More Posted On : February 20th, 2023
Studied Finance at Jamnalal Bajaj Institute of Management Studies

I have seen many people forgo offers from MDI, JBIMS, and even IIM Bangalore just for FMS Delhi. There are a number of reasons pertaining to why people make this decision. Some have been listed below 

  • Brand: FMS is one of the oldest MBA colleges and boasts a rich legacy and elaborate alumni base. It has given birth to many Managerial talents over the last decades and is a brand in itself. No doubt JBIMS is a good college but it cannot be compared with the brand name of FMS.
  • Location: FMS boasts of a good locational advantage being situated in the heart of the country, Delhi. You can enjoy a lifestyle very similar to that of DU. Also, the budding startups and MNCs in nearby industrial areas like Gurgaon and Noida consider FMS the first choice for recruitment.
  • Fees: The most distinguishing feature of FMS is its highly affordable fees in contrast to the hefty fees of other top B Schools. The fees are almost 1/10th of any other top B School while the placements are as good or even better than these B Schools thereby ensuring a spectacular ROI.

So your first choice has to be FMS unless you are willing to go for the Finance sector. In that case, JBIMS being situated in the Finance capital is a much better choice.

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Which one is better among JBIMS and FMS, Specifically for Finance/Consulting?

OP
Omkar Parab Posted On : February 20th, 2023
M.M.S Marketing & Sales, Jamnalal Bajaj Institute of Management Studies (2018)

FMS Delhi is one of the oldest MBA colleges and attracts highly qualified individuals every year. Its rankings and placement statistics are living proof of its legacy and excellence. At no single aspect does JBIMS give an edge to FMS. Owing to its outstanding performance in delivering management talent every year, it attracts top firms for recruitment and the best candidates. The CAT cutoff gives an edge to the top IIMs and thereby causing great competition. The absence of a state/regional quota also ensures that students don’t have to compromise on quality and merit. Let’s discuss some more points where FMS gives an edge to JBIMS thereby proving its worth.

  • Location: FMS is located in the National Capital of India whereas JBIMS is located in the Finance Capital. Being situated in the National capital FMS has professors that are linked to the political sector of the country. This is beneficial for domains of Finance and Consulting.
  • Placements: Although many companies that visit JBIMS, visit FMS too, the number and quality of roles offered to vary. Also, JBIMS lacks offers from international companies like Deutsche Bank, Goldman Sachs, Bank of America, and Royal Bank of Scotland that offer IB roles in FMS. After analyzing the placement reports you can see that no significant Corporate Finance Roles have been offered at JBIMS.
  • Consulting: Almost every firm that visits JBIMS, visits FMS too. But FMS enjoys additional offers from top firms like BCG and Avalon consulting offering strategic consulting roles. FMS also enjoys the participation of Cognizant Business Consulting, Infosys Management Consulting, and Capgemini.
  • General Management: The domain of General Management is better at FMS than JBIMS. This is because the big names in the sector like TAS, Airtel, and Mahindra do not visit the campus of JBIMS
  • Clubs and committees: There are many student-driven bodies at FMS, the” Finance Society, and the Consulting Club that offer assistance and additional skills and knowledge in the respective fields.
  • Finance Lab: FMS is the 3rd Business School in India that has established a Finance club with 12 Bloomberg terminals facilitating applied research in financial markets and equipping finance students with research insights, concepts, theories, and best practices in financial markets.

All these features combined make FMS one of the best schools and definitely a better choice than JBIMS.

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Is finance placement good for fms delhi?

AS
Abhijeet Singh Posted On : December 30th, 2022
MBA from Faculty of Management Studies, University of Delhi (Graduated 2019)

FMS is known largely for its Management and Consulting placements rather than Finance placements. Let’s have a look at the sector-wise placement statistics of FMS.

Domains

Campus Offers

Management and Consulting

76

E-Com/ IT/ Operations 

61

Finance

30

S&M

25

From the above stats we can say that the highest placements were offered to the Management and Consulting domains. The Marketing placements accounted for 39%, Consulting and Management for 17%, IT/Ops for 28%, and Finance for 16%. Finance received almost half of what Management and Consulting placement offers. The top recruiters that came from the Finance sectors are as follows 

  1. American Express
  2. HCL
  3. Axis Bank
  4. Bharti Enterprises
  5. ICICI Bank
  6. HSBC
  7. Crisil

So I don’t think FMS Delhi is good for Finance.

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Which is better - FMS or IIM Kozhikode?

RD
Rahul Dasgupta Posted On : July 5th, 2022
Studied at Indian Institute of Technology, Bombay (IITB)

FMS Delhi is better than IIM Kozhikode. It offers better ROI. According to the recent highlights of FMS Delhi placements, students receive an average CTC of around INR 32.4 LPA. While the highest CTC goes up to INR 58 LPA. 

FMS has a smaller batch size compared to IIM Kozhikode. So, it’s easier for students to get decent placements. FMS is older than IIM Kozhikode and hence has a larger alumni base. 

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Should I go for FMS Delhi or IIM Indore?

AJ
Aditya Jain Posted On : December 24th, 2021
MBA from Faculty of Management Studies, University of Delhi (2019)

Both FMS Delhi and IIM Indore are highly reputed institutes in this league. When it comes to making a choice between FMS Delhi and IIM A/B/C, FMS should be your priority without a doubt. The facilities and opportunities offered at FMS are better than IIM Indore.

If you have doubts regarding this choice of yours you can always weigh the factors to have a better consideration in this regard. 

  • The location of FMS is highly suitable for the students as the institute is situated in the capital state. 
  • The campus life and academics are more or less similar in both FMS Delhi and IIM Indore. 
  • FMS is known for its extremely experienced and educated faculty. 
  • The placement opportunities offered to students at FMS is tremendous. 
  • Highly esteemed companies recruit students with splendid packages. 
  • At IIM Indore, the placement opportunities are not as magnificent as FMS. 
  • The ROI factor plays a role in favor of FMS. 
Categories FMS Delhi IIM Indore
Course Fee 1.92 lakh 15.01 lakh
Highest CTC 35 LPA 35 LPA
Average CTC 16 LPA 17 LPA
Recruiting Companies Nestle, HSBC, Asian Paints, IBM, etc. Morgan Stanley, Hindustan Unilever, ITC, Goldman Sachs, etc.

Although candidates tend to opt for IIMs for the name tag, FMS Delhi is a brand in its own and quite an influential one in this league. If you want a hassle-free university life and steady placement in the choice of your sector then FMS is for you.

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