The Faculty of Management Studies (FMS) is among the top business schools in India. Established in 1954, it is part of the University of Delhi. It has strong departments in Economics, Law, Sociology, Commerce, and Operations Research. FMS is known for its high return on investment and strong placement record. Its programmes include a full-time MBA, an Executive MBA, an Executive MBA in Health Care Administration, and doctoral programmes. It also regularly conducts Management Development Programmes.
Admission to the full-time MBA is through the Common Admission Test (CAT), conducted every year by the Indian Institutes of Management (IIMs). Along with CAT scores, a Personal Interview and an Extempore round are used to shortlist final candidates. FMS has international collaborations with institutes such as Manchester Business School, England, and the University of California, Berkeley, USA.
- The FMS Delhi two-year MBA (Full-Time) costs about Rs 60,818 per semester, roughly Rs 2.43 lakh in total, one of the lowest fees among India's top B-schools
- For the 2024-2026 batch the average package was Rs 32.27 LPA and the highest reached Rs 1.1 crore, with 287 of 304 students placed across 119 recruiters
- FMS ranked 2nd in India in the IIRF MBA Ranking 2025.
Who Are the Notable Alumni of FMS Delhi?
FMS Delhi has produced many notable alumni who lead across industries. They include Harit Nagpal, former Managing Director and CEO of Tata Play; Alok Bhardwaj, a senior vice-president at Canon India; Geetu Gidwani Verma, a leading FMCG marketing executive; and Mahesh Verma. FMS graduates are known for the vision, knowledge, and drive to thrive in changing business environments.
Some of its distinguished alumni are listed below.
- Alok Bhardwaj, Sr. Vice President-Sales & Marketing, Canon India Pvt. Ltd.
- Geetu Gidwani Verma, Executive Director-Foods, Hindustan Lever Ltd.
- Girish Sharma, Chief Commissioner of Income Tax, Income Tax Department
- Harit Nagpal, former Managing Director and CEO, Tata Play Ltd.
- Himanshu Khanna, Director-Marketing (CMO), Wrigleys India Pvt. Ltd.
What Is the Fee Structure at FMS Delhi?
FMS Delhi's fees are strikingly low for a top B-school because it is part of the University of Delhi and receives University Grants Commission support. The two-year MBA (Full-Time) costs about Rs 60,818 per semester, roughly Rs 2.43 lakh in total. The Executive MBA programmes are charged separately and shared resources keep infrastructure costs low.
According to the official FMS admission bulletin, the semester fee for the MBA programme is approximately Rs 60,818, payable at the start of each academic year. Over two years this totals about Rs 2.43 lakh, among the lowest for any leading Indian B-school. The application registration fee is Rs 1,000 for general candidates and Rs 350 for SC, ST, and PWD candidates. Fees may be revised by the University of Delhi.
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Admission to FMS Delhi is highly competitive, with the general-category MBA shortlist historically requiring a CAT percentile in the high 90s. Selection uses a weighted CAT score, a Personal Interview, and an Extempore round, along with extra weightages that encourage gender and academic-discipline diversity in each incoming MBA batch.
For the latest admission cycle, FMS assigns a weighted CAT score of 50 percent and a Personal Interview of 15 percent, with additional weightages for academic and gender diversity. Class 10 and Class 12 marks and the Extempore round also contribute to the final composite score used to prepare the merit list.
How Good Are the Placements at FMS Delhi?
FMS Delhi is known for outstanding placements and return on investment. For the 2024-2026 batch the average package was Rs 32.27 LPA and the median Rs 29.59 LPA, while the highest package reached Rs 1.1 crore. A total of 287 of 304 students were placed, with 119 recruiters participating in the final placement process.
Placements at FMS run in two stages: lateral placements in December for students with prior work experience, and final placements held in January. The top 100 students of the 2024-2026 batch averaged Rs 45.19 LPA. Recruiters spanned consulting, finance, marketing, technology, and analytics, including firms such as Bain & Company, BCG, Goldman Sachs, Amazon, and ITC.
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Admission to the full-time MBA at FMS Delhi is based on the CAT score, followed by a Personal Interview and an Extempore round. Candidates must first clear the required CAT cut-off and composite score to be shortlisted for the second stage. The MBA degree is awarded by the University of Delhi on completion.
For admission to the FMS MBA full-time programme, the candidate goes through two steps.
- Appear for the CAT exam conducted by the IIMs.
- On clearing the required cut-offs and composite score, the candidate is called for the second round, comprising an Extempore, a Personal Interview, and diversity weightages.
| Category (MBA 2026-28) | Seats |
|---|---|
| Total sanctioned seats | 251 |
| Unreserved / General | 101 |
| Foreign nationals (separate quota) | 25 |
What Is the Full-Time MBA Programme Like?
The two-year, full-time MBA is the flagship programme of the Faculty of Management, University of Delhi, with the degree awarded by Delhi University. The first year builds core management foundations and ends with a summer internship, while the second year focuses on electives and specialisations chosen by each student for their career path.
The first year introduces students to the essential models and tools, with a focus on rigorous training across the diverse disciplines of management and the development of a strong foundation of business knowledge and management theory. The year concludes with a rigorous summer internship programme, which allows students to explore the practical application of management concepts.
In the second year, students decide on their professional development plans by reflecting on their first year's learning and summer internship experience. This is augmented by interactions with a mix of world-renowned faculty and corporate luminaries who together teach the core and elective courses. After two years of 360-degree learning, students move on to realise their goals in the corporate world.
What Does the Executive MBA Offer?
The Executive MBA and Executive MBA (Health Care Administration) are two-year evening programmes for working professionals, structured across four semesters. Executives complete seven core or elective courses each semester. The first year covers management fundamentals, while the second year lets participants focus on chosen specialisations such as finance, marketing, systems, strategy, and leadership for their careers.
The modular design of the two-year evening Executive programmes is divided into four semesters. Working executives complete seven core or elective courses, or a combination of both, in every semester. The first year concentrates on management fundamentals such as Human Resource, Organizational Behavior, Marketing Management, Managerial Finance, Quantitative Methods, and Managing Information Technology.
The second year builds on these fundamentals and requires a focus on chosen specialisations by taking courses in finance, marketing, systems, strategy, leadership, and entrepreneurship. Participants are also exposed to business strategy courses that help future leaders diagnose complex business situations and resolve strategic and organisational problems. Learners can also opt for non-credit courses, subject to the approval of the Programme Coordinator.
Where Does FMS Delhi Rank Among B-Schools?
FMS Delhi is consistently ranked among India's leading business schools. In the IIRF MBA Ranking 2025 it placed 2nd in India and 1st among central-university management schools. Because FMS operates as a faculty of the University of Delhi rather than a standalone institute, it does not participate in the NIRF management rankings each year.
FMS is regularly recognised for delivering one of the highest returns on investment in Indian management education, combining very low fees with strong placement outcomes. It also features in ranking lists by Outlook and other publications, reflecting a reputation built over a 70-year legacy under the University of Delhi.
What Is the Eligibility for FMS Delhi?
Admission to FMS Delhi is through the Common Admission Test (CAT), a computer-based entrance test for the IIMs and other leading B-schools. To be eligible, a candidate must hold a bachelor's degree with at least 50 percent marks for the general category, or 45 percent for reserved categories, or an equivalent CGPA from a recognised university.
The FMS eligibility criteria for admission are as follows.
- The applicant must hold a bachelor's degree from a recognised university.
- The applicant must have at least 50 percent aggregate marks at graduation (general category).
- Reserved-category applicants (SC/ST/OBC/EWS/PWD/CW) receive relaxation, generally requiring 45 percent as per University rules.
- Students in the final year of their bachelor's degree may also apply.
What Is the Official Website of FMS Delhi?
The official website of the Faculty of Management Studies, University of Delhi, is www.fms.edu. It carries all admission notifications, programme details, fee structures, and placement reports. Prospective applicants should rely on this official portal, along with the CAT website, rather than third-party aggregators, for accurate and up-to-date information on FMS programmes and deadlines.
For queries, applicants can contact FMS at the University of Delhi campus. The institution communicates admission updates through its official website and registered email, so candidates should monitor www.fms.edu regularly during the admission season.