It is not a brainer that an MBA from FMS Delhi is a much better choice than IIT Delhi. IIT Delhi's MBA program is not even close to that if FMS and both are poles apart. If you want your MBA degree to be valuable enough to shape your career drastically, FMS is the one for you.
Here are a few pointers as to why I am so strongly in favor of FMS Delhi:
Ranking: One of the most valued ranking systems, IIRF ranks DMS IITD MBA 14 out of 44 colleges in India while FMS is ranked 5 out of 44 colleges in India in 2023.
Fees: IIT Delhi offers MBA at around INR 10.4 Lakhs (for 2 years) while FMS has very low fees of around INR 96,000 per year. This is almost 1/4th of the fees of the MBA program offered at IIT Delhi despite being way ahead in terms of brand value.
Placements: Being one of the premier B-schools in the country, it offers excellent placements that almost par with the top IIMs and its placements are nowhere comparable to IIT Delhi’s placements.
Particulars |
FMS Delhi |
DMS IIT Delhi |
Highest package |
INR 1.23 CPA |
INR. 36.70 LPA |
Average package |
INR 34.1 LPA |
INR 21.90 LPA |
Median package |
INR 31 LPA |
INR 20.60 LPA |
Top sectors |
Consulting, Marketing |
Sales & Marketing, Strategy & Consulting |
Top Recruiters |
Accenture Strategy, Airtel, Amazon American Express, Bain & Co, BCG etc |
Rockwell Automation, Texas Instruments, ICICI, Optum, Medtronic, GE Healthcare |
ROI: One does not even need to think twice before saying that FMS Delhi offers a much higher return on investment than IIT Delhi with much lower fees and placement opportunities notches higher.
Many times people forgo offers from top IIMs just for FMS because of no financial burden.
ruWithout any second thoughts, I declare DMS Delhi a much better option than IIT Delhi. This B School is carved out exclusively for MBA. Any IIT does not stand even near to it in this aspect. Some points that support my opinion are
Ranking: FMS Delhi is among the top 5 MBA colleges in India. Whereas, IIT Delhi doesn’t make its place among the top 20 colleges in recognizable ranking systems.
Fee: Fees of FMS- are INR 3,84,000 (96000/-year) whereas fees of IIT Delhi- are INR 10.40 Lacs. The fee of FMS Delhi is almost 1/4th of the IIT Delhi. Also in terms of popularity and recognition, FMS Delhi is much higher.
Placements
Particulars |
FMS |
IIT DELHI |
Average CTC |
INR 32.4 LPA |
INR 18.5 LPA |
Highest CTC |
INR 58 LPA. |
INR 33.8 LPA |
No brainer, the placement scenario at FMS is much better than that of IIT Delhi.
ROI
This is the winning aspect of FMS. You land high packages by paying a fee of almost 1/4th of IIT. So you can pursue MBA without any financial burden and loans.