Top Courses | 1st Year Fees | Total Fees | Eligibility | Ranking | Application Dates | Cutoff |
---|---|---|---|---|---|---|
MBA (General) | ₹1 Lakh | ₹2 Lakhs | Graduation with 50% + CAT | - | 15 Jan - 14 Feb 2024 | 98CATCheck Details |
Ph.D (Management) | ₹10,480 | ₹52,400 | Post Graduation | - | 5 Dec - 20 Dec 2023 | - |
Top Courses | 1st Year Fees | Total Fees | Eligibility | Ranking | Application Dates |
---|---|---|---|---|---|
EMBA (General) +1 More EMBA Courses | ₹1 Lakh | ₹2 Lakhs | Graduation | - | 15 Jan - 14 Feb 2024 |
1st Yr Fees
₹ 1,00,0001st Yr Fees
₹ 1,00,0001st Yr Fees
₹ 10,480One of my friends appeared in the FMS interview this year and converted the call. The interview was offline and on the FMS campus. There were two panelists.
The interview started with an introduction. Next, he was given an extempore topic - Novelty. Following the extempore, there were a few questions based on his IT background and his SOP. There were general questions like - ‘Why MBA? As there are many CXOs who aren’t MBAs.’ The interview was around 15 mins. Overall, it was a pleasant experience for him.
The brand value of ISB and XLRI, FMS, IIM L can’t be compared. ISB is known for its executive PGP while XLRI, FMS, and IIM L are reputed for their two-year-long MBA progran. These are some of the top-rated B-Schools in the country and have long-standing legacies.
ISB has a huge batch size of around 800. Due to the huge batch size students face problems getting decent opportunities through campus placements. The ROI isn’t that good. The total course fee for PGPM is around INR 36.3 lakhs. While the average CTC is around 34.07 LPA, according to the recent highlights of ISB placements.
For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are
It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.
FMS is a good option with the best ROI, low fees, and more seats. FMS gives a call to the candidates based on their CAT score, irrespective of their past academics score. Most IIM dropouts opt for this college.
The table below shows the criteria for admission into FMS also their respective weightage
Criteria |
Weightage |
CAT score |
50% |
Academics score |
20% |
SOP |
10% |
Personal Interview |
15% |
Extempore |
5% |
Now let’s discuss these criteria individually and also how to prepare for each of them.
CAT: The CAT score accounts for the maximum which is 50% of the marks required for admission. This means with a high percentile (99+) you can easily increase your chances of getting a call irrespective of your past academic performance. The CAT exam has three sections.
VARC (40% weightage): Reading essays and newspapers like The Hindu is a good way to enhance your verbal ability.
LRDI (30% weightage): The main key to cracking this section is to pick an easy set. This can be achieved only after constant practice. By calculating fast you can attempt more sets. If you can solve 3 sets out of 6 sets, you will touch the 99 percentile.
QUANT: Cover all the basics possible. Understand the theory and don’t just learn formulas
Academic Score: This score constitutes 20% of the total composite score required for admission. Anything above 75% in 10 and 12 will get you 20%. But above 60 and below 75 will get you 5% only.
SOP: The SOP or Statement Of Purpose clarifies your motives for your admission. It accounts for 10% of the composite score. You will have to write about your work experiences and why you are willing to pursue an MBA. Be clear in your goals and you are good to go.
Personal Interview: This constitutes 15% of the composite score. Things that you will be questioned about include your graduation subjects, current affairs, internships, and your previous courses. Answer every question confidently as this is the first interaction with your professors and the impression will last a long time.
Extempore: The weightage for this is 5%. This aims at analyzing your spontaneity, and knowledge on general topics and checks how you can organize your thoughts on the spot. Practice daily on social, and economical topics and try to know about different domains and speak on these topics for 3–4 minutes.
From the CAT center to the final round, what matters the most are your English skills. How well you comprehend in the exam, think in extempore and speak when interviewed. So enhancing your English skills will take you a long way.
There is no question at all if you are optimising for salary in the short term. On average, you would earn more at IIM Ahmedabad and Bangalore than at FMS. In the long run, it will be much more dependent on you and a little bit on the profile you want to work in. However, ceteris paribus and on average IIM Ahmedabad or IIM Bangalore will earn more or as much as an FMS grad. Choose A or B if you want to maximise your placement salary.
Whether you should optimise for placement salary is a different question, and the answer depends on what you want to do with your life.
No, choosing FMS Delhi over IIMB or IIMC is definitely not a good decision as you will be missing out on so many opportunities. Some of them include
You won’t lose anything from joining IIMS over FMS.
NITIE Mumbai placement is almost on the same level as FMS. Here are the 2022 placement highlights of NITIE and FMS.
Institute | NITIE Mumbai | FMS |
Average CTC | INR 25.41 LPA | INR 32.4 LPA |
Highest CTC | INR 49 LPA | INR 58 LPA |
Major recruiters | Amazon, KPMG, Deloitte | Paytm, Boston Consulting Group, Nykaa |
As per the placement statistics of both the institutes, there’s a slight difference in the major sectors participating in placement drive and the job roles offered.
Rather than asking which is better IIMA or FMS you should be asking what is better for you.
My friend is an IIM Ahmedabad pass out. She had got offers from IIM Calcutta, Lucknow, and FMS as well. Yet she chose IIMA because it was her dream college. One year into IIMA she realized some major shortcomings.
The only significant feature here is its excellent placement. This is also the reason why it attracts so much crowd. But this fantasy is also short-lived. As soon as you land a job, you have to start paying back the excessive loan for years. For instance, you land a package with CTC 20 LPA. The in-hand salary would be around 1 lakh and the EMI standing at the end of every month would be 50000. After reducing EMI and personal expenses you get little for yourself for several years despite your hard work. Despite graduating you will be stuck in the same life for years.
Now considering FMS it has the following merits that make it a tad bit better than IIM Ahmedabad
Your batchmates from FMS will be enjoying life, and fulfilling their dreams and you will be still stuck in the same circle of paying back loans. So the brand value is just not enough. I don’t think spending 20 lakhs on any Indian B School is worth it.
Being in FMS Delhi is fun, tiring, exhausting, and thrilling all at once. The baggage of memories and emotions you will carry from here is huge. It will be a rollercoaster ride with many ups and downs.
Lastly, you will have a lot of memories and nostalgia to carry with you throughout the rest of your life.
FMS Delhi registration will start soon and will continue till the second week of December 2022. As per the FMS Delhi 2023 admission, candidates will be shortlisted on the basis of scores obtained in CAT 2022. The CAT score required for getting a call from FMS Delhi is mostly 99 percentile. After this shortlisted candidates will have to appear for GD-PI and extempore.
If you are a GEM (General Engineer Male) you will have to face the maximum hurdles. You will need a minimum of 99.3+ percentile along with 95+ percentile in the VARC section.
If you are a GEF(General Engineer Female) then you will get an additional 3% once you are through the interview round.
But the overall target to get a call remains the same for everyone i.e.99+ percentile.