Faculty of Management Studies, Delhi, commonly known as FMS Delhi, is a management institute set up in 1954 on the Delhi School of Economics campus. It is affiliated with Delhi University, approved by AICTE, and accredited by NAAC with an A grade.
FMS Delhi is known for its MBA programmes, low course fee, and strong placement results. In 2026, it was ranked 4th in India by IIRF for MBA.
Key Highlights of FMS Delhi
- Popular Programs: MBA and MBA Executive
- Total MBA Fees: INR 2.43 Lakhs for both MBA and MBA Executive.
- Selection Criteria: CAT score with 50% weightage, academics with 20% weightage, SoP with 10%, extempore with 5%, and PI with 15%.
- Minimum CAT Percentile: 98 percentile overall and 50 percentile sectional.
- Seat Intake (MBA): 251 sanctioned seats and 63 supernumerary seats
- Final Placements (Batch of 2024-26): INR 1.1 Crore highest package and INR 32.27 LPA average package.
- Summer Placements 2025-27: Average stipend of INR 3.42 lakhs and median stipend of INR 3.5 lakhs.
FMS Delhi Important Dates 2027
FMS Delhi MBA admission dates for 2027 are expected to begin in October 2026. CAT 2026 registration is open, and students can apply through the official portal.
| Event | Date |
|---|---|
| Last date for online registration for MBA programs | November 2026 |
| SOP discussion, Extempore, and PI | April 2027 |
| Last date for online registration for Executive MBA programs | January 2027 |
| Last date to apply for PhD admission | December 2026 |
| MBA result release | April 2027 |
Subject to revision. Kindly check with the official sources to confirm
CAT 2026 Dates
| Event | Date |
|---|---|
| Registration | Aug 03 - Sept 22, 2026 |
| Admit Card | Nov 04, 2026 |
| Test Date | Nov 29, 2026 |
Subject to revision. Kindly check with the official sources to confirm
FMS Delhi Courses & Fees 2027
FMS Delhi admits students to full-time MBA and PhD courses. It also runs the Executive MBA as a part-time programme. The total FMS Delhi MBA fee is INR 2.43 lakhs for the complete course.
| Course | Fee | Eligibility | Selection |
|---|---|---|---|
| MBA | INR 2.43 lakhs | Graduation with 50% marks | CAT scores |
| Executive MBA | INR 2.43 lakhs | Graduation with 50% marks and 5 years of work experience | CAT scores |
| PhD | INR 31,440 | Master’s with 55% marks | Research Proposal and Interview |
Subject to revision. Kindly check with the official sources to confirm
FMS Delhi Admissions 2027
FMS Delhi MBA admission is done online. For the 2027-29 batch, candidates will be shortlisted through their CAT 2026 performance and the institute’s own selection rounds. FMS Delhi has not released the detailed admission criteria and weightages for the 2027-29 batch yet.
MBA Eligibility
- Applicants must complete a Bachelor’s Degree after 12 years of schooling and score at least 50% marks.
- SC/ST candidates need passing marks. OBC Non-Creamy Layer, EWS, PWD and CW candidates need at least 45% marks.
- Students in the final year of graduation may also apply.
Shortlisting Criteria
| Selection Component | Weightage |
|---|---|
| Weighted CAT Score | 50% |
| Class 10 Marks | 10% |
| Class 12 Marks | 10% |
| Discussion on Statement of Purpose | 10% |
| Extempore | 5% |
| Personal Interview | 15% |
Note: The above weightages are from the 2026-28 batch and can change for 2027-29.
FMS Delhi Cutoff
FMS Delhi MBA admission uses CAT scores for shortlisting. The institute releases a list of candidates who are provisionally selected on the basis of CAT scores. For FMS Delhi CAT Cutoff 2025, the overall MBA cutoff is 98 for all categories.
For the 2026-28 batch, shortlisted candidates were selected through a CAT-based Composite Score. The formula gave 40% weightage to VARC, 30% to DILR, and 30% to QA. Female candidates were given an extra 5 marks in the Composite Score.
FMS Delhi Batch Profile
The FMS Delhi MBA batch of 2025-27 had 300 students.
FMS Delhi Placements
In the latest available FMS Delhi placement report, the highest domestic package for 2026 was INR 1.1 crore. The average package stood at INR 32.27 LPA, and the median package was INR 29.59 LPA. Offers above INR 25 LPA made up 74.9% of the total offers. Recruiters included McKinsey & Company, BCG, Bain & Company, Goldman Sachs, Citi, Amazon, ITC, PepsiCo, and more.
Domain-Wise Placements
Consulting and General Management together covered 36.5% of the batch. The domain-wise offer details are given below:
| Domain | PPOs | Offers | Total |
|---|---|---|---|
| Consulting | 45 | 39 | 84 |
| Product/IT/Analytics | 13 | 51 | 64 |
| Marketing | 20 | 39 | 59 |
| Finance | 10 | 49 | 59 |
| General Management | 9 | 12 | 21 |
| Total | 97 | 190 | 287 |
FMS Delhi Rankings
FMS Delhi was ranked 4th in India by IIRF in 2026. Other MBA rankings received by the institute are listed below:
| Ranking Body | Rank |
|---|---|
| IIRF (2026) | 4 |
| Outlook (2026) | 12 |
| The Week (2024) | 5 |
FMS Delhi vs IIM Ahmedabad vs ISB Hyderabad
The comparison below covers FMS Delhi, IIM Ahmedabad, and ISB Hyderabad. IIM Ahmedabad has stronger brand recall and better placements, while many students choose FMS Delhi because its fee is much lower.
| Particulars | FMS Delhi | IIM Ahmedabad | ISB Hyderabad |
|---|---|---|---|
| Establishment Year | 1954 | 1961 | 1995 |
| IIRF Ranking (MBA) | 4 | 1 | NA |
| Flagship Courses | MBA | MBA-PGP | PGP |
| Total Tuition Fees | INR 2.43 lakhs | INR 27.5 lakhs | INR 33.16 lakhs |
| Highest Package 2026 | INR 1.1 Crore | INR 81.60 LPA | INR 1.56 Crore |
| Average Package 2026 | INR 32.27 LPA | INR 37 LPA | INR 37.29 LPA |
| Campus Size | 7 acres | 102 acres | 260 acres |
FMS Delhi Campus & Facilities
FMS Delhi has a campus spread over 15 acres and offers academic, technology, sports, and activity spaces for students.
- Library: The library has more than 30,000 volumes of books, journals, and research papers. Students also get modern study areas, computer stations, and access to digital databases.
- Computer & Finance Lab: The Computer & Finance Lab has 50 computer systems for computational work, programming, and data analysis. It also has a Bloomberg terminal used by finance professionals.
- Auditoriums: FMS Delhi has 3 modern auditoriums.
- Sports Zone: Students can use the sports zone for Table Tennis, Foosball, Carrom, Basketball, and many other sports.
- Soundscape: The music room has guitars, electric guitars, harmoniums, keyboards, drums, flutes, and other instruments.
- Collaboration & Learning Spaces: The learning spaces include seminar halls, Skype rooms, discussion rooms, and Management Science Association rooms.
FMS Delhi FAQs
Ques. How does FMS Delhi compare with the top IIMs?
Ans. FMS Delhi is often placed against top IIMs because it gives strong placements at a much lower fee. IIM Ahmedabad, IIM Bangalore, and IIM Calcutta have stronger brand recognition, but FMS Delhi is valued for affordability and return on investment. Its MBA fee is INR 2.43 lakhs, while IIM fees are usually between INR 20 lakhs and INR 25 lakhs, giving FMS one of the highest ROI figures in India.
Ques. Is CAT compulsory for FMS Delhi MBA admission?
Ans. Yes, CAT is compulsory for the MBA programme at FMS Delhi. The exam is conducted by the IIMs, and every applicant must take CAT. General category students usually need a percentile close to the 98-99 percentile range for shortlisting. FMS Delhi does not accept GMAT, XAT, or MAT for its flagship MBA programme.
Ques. Does work experience matter for FMS Delhi selection?
Ans. Work experience is not compulsory for the full-time MBA at FMS Delhi, and it has 0% direct weightage in the selection formula. For Executive MBA programmes, applicants must have at least 5 years of work experience.
Ques. What is the fee and ROI comparison of FMS Delhi with IIM Ahmedabad, XLRI Jamshedpur, and IIM Bangalore?
Ans. The table below compares MBA fees, median package, and ROI for FMS Delhi, IIM Ahmedabad, XLRI Jamshedpur, and IIM Bangalore:
| Name of Institute | MBA Fees (2 years) | Median Package | ROI |
|---|---|---|---|
| FMS Delhi | INR 2.43 lakhs | INR 29.59 LPA | 1,117.70% |
| IIM Ahmedabad | INR 27.5 lakhs | INR 31 LPA | 12.73% |
| XLRI Jamshedpur | INR 25.9 lakhs | INR 26.25 LPA | 1.35% |
| IIM Bangalore | INR 26 lakhs | INR 32.61 LPA | 25.42% |
Ques. What were the latest FMS Delhi placement figures?
Ans. In the latest available FMS Delhi placement report for 2026, the highest domestic package was INR 1.1 crore. The average package was INR 32.27 LPA, and the median package was INR 29.59 LPA. Offers above INR 25 LPA formed 74.9% of the total offers. McKinsey & Company, BCG, Bain & Company, Goldman Sachs, Citi, Amazon, ITC, and PepsiCo were among the major recruiters.





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