Which is better - FMS or IIM Kozhikode?

Both FMS and IIM Kozhikode are good institutes for MBA and have their own advantages. Given below is a brief discussion on the MBA program offered by the two institutes.

Ranking- As per the latest NIRF rankings, IIM K and FMS have been ranked 6th and 35th among the top management institutes in India.

Course fee- Both the colleges are well recognized for MBA around the country. FMS provides the 2-year MBA program at a total fee of 1.9 Lakhs, while IIM K offers the course for 17.5 lakhs.

Admission Process- Both the colleges accept the CAT score for admission into the MBA program The latest CAT cut-off for FMS is 98 (general). Whereas the cut-off at IIM K is 97 (general).

At FMS, students are evaluated on their performance in the GD and PI rounds for final selection. At IIM K, the shortlisted candidates have to appear for WAT (Writing Ability Test) and PI (Personal Interview) for getting selected. The seats available for admission are 287 in FMS and 480 in IIM K.

Placement- FMS recorded 100% placements last year with over 88 companies visiting the college for placements. AkzoNobel, Asian Paints, Astrazeneca, Bajaj Auto, Coco-Cola, Dr. Reddy’s, Google, HDFC IB, HSBC, Power Finance, Flipkart, Kearney, McKinsey & Company are some of the major recruiters at the institute. The highest salary package offered was 58.6 LPA, which was up from 48 LPA in 2019. The average salary for the batch this year was 25.6 LPA, rising up from 23.1 LPA in 2019.

IIM K also recorded 100% placement for the 2018-2020 batch with more than 130 companies visiting the campus last year. Some of the prominent recruiters were Google, Amazon, Microsoft, Goldman Sachs, JP Morgan Chase & Co, Ernst & Young, KPMG, Bain & Company, Boston Consulting Group, PwC, HSBC, Citi, Deloitte, Cisco, Reliance Industries. The highest CTC offered was 58 LPA in the Sales & Marketing domains. The average CTC was 23.08 LPA last year and the median was 20.8 LPA.