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What is the real average domestic package of FMS Delhi?
I will recommend you stop focusing on the average packages of any Institute be it FMS, IITs, or IIMs. This is because average packages are quite misleading. Two main reasons are
- It includes the average of all the students placed or eligible to be placed and not all of the students. Students who fail to graduate on time are not included in the calculation as they are not eligible for placement. So if you include all the students (placed + non-placed due to whatever reasons), the average will be much lower.
- Very high packages of only a few students increase the average. For instance, out of 3 students, one gets a package of INR 30 LPA whereas the other two get a package of only INR 3 LPA, so the average would total to 12 LPA. This average looks decent although the majority of students got extremely low packages.
Because of these reasons, I deem the average packages to be very misleading and should not be considered to determine the worth of a college.
How did you get into MBA in FMS Delhi?
I will narrate to you the experience of my sister who thought she could never make it into FMS. But she tried anyway and as luck would have it she made it!
In 2016 my sister did not fill FMS application form as she thought she wouldn’t be accepted. With a percentile of 96.54, she got into MDI. Soon after she got interested in consulting, she rejected MDI and with little hope fill the application form for FMS the next year. With a CAT percentile of 99.21, she received an interview call. Almost all the other candidates had a better percentile than her. Yet she did not give up and went into the interview room with full confidence and a positive attitude. Amazingly she ranked 3rd out of 1010 candidates for GD/PI/Extempore Rounds. After a waitlist, she finally made it into FMS Delhi.
Once admitted she never took this opportunity for granted and made the best out of her MBA years. So never give up even before trying!
How is the placement in FMS Delhi for MBA students? Which sector of management FMS excels at?
FMS Delhi maintains a stable placement record over years. Students receive lucrative salary packages every year. The institute has released the final report of the 2022 placement drive.
|
Particulars |
Placement Statistics |
|
Number of students participated |
269 |
|
Number of students placed |
257 |
|
Number of Offers |
262 |
|
Highest CTC |
INR 58 LPA |
|
Average CTC |
INR 34.2 LPA |
Some major companies that visited the campus for recruitment are Boston Consulting Group, Nykaa, Paytm, Adobe, Adani Group, BYJU’s. Recruiters came from various domains. The domain-wise placement statistics are as follows
|
Domains |
Campus Offers |
Job Roles Offered |
Top Recruiters |
|
Sales & Marketing |
25 |
Consumer Electronics, Retail, E-commerce etc |
Adani, BYJU’s, Amazon etc |
|
Finance |
30 |
Front End Investment Banking, Corporate Finance, Wealth Management etc |
American Express, HCL, Axis Bank etc |
|
Consulting / General Management / Strategy |
76 |
Real Estate Consulting, Management Consulting, Strategy Technology Consulting etc |
Accenture Strategy, IBM, KPMG etc |
Consulting/General Management was the top recruiting domain. IT and Operations also was one of the major recruiting domains with around 61 offers.
How much does the graduation score effect in placements (summer and final) of IIMs (IIM C in precise) and FMS, Delhi? Will 68% in UG will be a hurdle for me in placements?
Let’s consider the effect of graduation scores in summer and final placements separately.
Summer Placements:
During these placements, the recruiters don’t have your MBA profile to judge you. So they have to take your graduation score, past academics, and other criteria into consideration. The summer placements are largely based on what the candidate has achieved till the time he joined his/her MBA program. This is exactly why placement committees request that students utilize the time before joining the institute to improve their resumes. You can upscale yourself with work experience, your education, your extra-curricular activities, etc.
Final Placements:
During these placements, the students are almost about to complete their MBA. This means their profile has improved through various on and off-campus opportunities. These opportunities include research projects, work on industry projects, and summer internships. So now your CGPA in your MBA program and performance in these activities carry more importance than your undergraduate CGPA.
So we can say graduation scores matter in summer placements but not much in final placements.
How difficult is it to get into FMS Delhi?
Getting into FMS Delhi is not easy as it is one of the best B Schools in India with limited seats and excessive competition due to its great ROI. The extremely low fee MBA program of 2 years is coveted by many so you have to earn your seat.
Also, this institute is the best choice for those who have below-average past academic records. This is because past academics carry less weight in the selection process of FMS.
FMS Delhi MBA Weightage for Final Selection
|
Criteria |
Weightage |
|
CAT 2021 Scores |
50% |
|
Academic Score of Class 10th |
10% |
|
Academic Score of Class 12th |
10% |
|
Discussion on Statement of Purpose |
10% |
|
Extempore |
5% |
|
Personal Interview |
15% |
An additional 5 marks will be awarded to the Women Candidates who appear for the Interview. Looking at the criteria we can say that little weightage is given to past academic scores (10%) while maximum weightage is given to CAT scores. No weightage is given to graduation scores at all. This means around 80% of your application score is still under your control. Some more tips to increase your chances of getting into FMS are
- Focus primarily on scoring maximum CAT scores
- Prepare questions regarding your academic background
- Clear reasons for your decision to pursue an MBA
- Go through current affairs
- Practice your speaking skills
All this will help you get into FMS Delhi.
IIM Indore vs FMS. Which one should I choose?
Do not compare FMS to IIM Indore just because it is an IIM; this is a mistake. The positions available at FMS are much better than those at IIM I. Furthermore, FMS completely dominates the field when it comes to the ideal batch size. A small batch size ensures that more candidates see the process of more companies without missing out on any opportunities, even though the roles are limited at all campuses.
- IIM Indore's well-known alumni may be alluring, but roles are typically a better metric to use when assessing a university.
- The ROI is the next significant matrix to evaluate.
- Campus Life is an additional factor to take into account.
What are the chances of a fresher to get selected in FMS, XLRI, MDI with less than 60% in 12th?
It will be difficult to get into colleges such as FMS, XLRI, and MDI with less than 60% in 12th. But it’s achievable. FMS assigns 10% weight to 10+2 scores. So, if you manage to score around the 99.5 percentile in CAT, you will have a chance of getting shortlisted. You need to perform well in the GD-PI round as well. XLRI and MDI assign 15% weight to past academics and work experience.
So, try to work on your profile by adding extra-curricular activities. Also, prepare well for entrance tests and the GD-PI round.
Does FMS DELHI give any weightage to 10th and 12th marks or the admission is purely based on CAT and PI?
FMS Delhi is India's most prestigious business school. It is ranked 6th among all B-schools in India. It has a low fee structure and excellent placement. FMS Delhi's average placement is approximately 22 LPA. As a result, students who enrol at FMS can expect an excellent return on investment.
Every year, many students choose FMS Delhi over IIMs because of the high ROI. FMS Delhi doesn't give any weight to academics. You should only be eligible. To get a call from FMS Delhi, you must have a CAT score of 98 or higher. The rest is determined by your GDPI. You can secure your seat by performing well in GDPI.
Do you know anyone who got into a top b-school (IIMs, XLRI, JBIMS, NM, IIFT, FMS etc.) with average UG percentage?
Yes, I do know a friend who managed to get calls from many top B Schools despite having an average Undergraduate Score. Her profile looked like this
- 10th- 76%
- 12th- 68%
- UG- 64%
Although her marks witnessed a gradual decline, she was lucky enough to study at XLRI. Past academics are considered as one but not the major factors at XLRI, unlike IIMs that focus a lot on past academics. A good XAT and GD-PI score can compensate for your poor academic record at XLRI, FMS, and JBIMS. NITIE is a top B School that does not consider past academics at all. My friend with her average profile managed to convert NITIE, XIMB, and all the IIMs except for the top ones obviously. So we can safely assume that admission into these top B Schools is possible even with an average profile provided that you score excellently in the CAT or XAT and the GDPI round.
Which is best, FMS, XLRI, or IIM Lucknow?
Making a decision about a school is similar to creating a regression model, where the features serve as the parameters and the coefficients represent the students' preferences.
Batch size: The placement at XLRI Delhi is combined with the JSR batch. As a result, the combined batch size (XLRI JSR BM + XLRI JSR HR + XLRI Delhi BM) is quite large but still significantly smaller than IIM Lucknow. FMS is the clear winner in terms of batch size. As a result, FMS > XLRI > IIML.
Group of peers: This is a highly debatable and relative parameter. XLRI has no reservations, and some argue that people are chosen solely on merit, whereas FMS and IIML have more than 50% reservations. As a result, a better crowd.
The CAT score: It is extremely important to FMS. You'll mostly find a more educated crowd there. IIM Lucknow has very diverse selection criteria, similar to IIM Bangalore. In their selection criteria, they consider gender and academic diversity, previous academic records, work experience, and so on, ensuring a consistent and diverse crowd. Now it all comes down to personal preference, FMS > IIML > XLRI.
Tag: IIM Lucknow has an old IIM tag and is well-known worldwide. XLRI and FMS are both very old institutes with strong brand identities. Personal preference once again. IIM > XLRI > FMS.
Campus Life: FMS has no hostels and a very small campus. You're basically a day student there. IIML = XLRI > FMS.
Finance: Lucknow has more financial opportunities than the other two in terms of profiles available and companies visiting campus. FMS >= IIML.
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