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What is a better choice, IIM Udaipur or FMS Delhi, and why??
FMS Delhi is a better choice among these. It is among the top B-Schools in the country and offers excellent ROI. FMS Delhi fees are only 1.92 lakhs. While the average CTC offered by the institute is INR 32.4 LPA. The institute achieved 100% placements this year.
In terms of placement, ROI, academic, and brand recognition, FMS is better than IIM Udaipur.
Do tech companies like Google, Microsoft, Flipkart, or Uber, visit FMS, Delhi for product management roles?
Not really, at least not yet. Product management is a growing field that has received a lot of attention in recent years. What you need to be a successful Product Manager is an interdisciplinary education, not necessarily a traditional MBA. You must understand product development, including how a product evolves from an idea to a full-fledged product, how iteration occurs, and how you continuously generate value for your product's users. FMS is a fantastic school in terms of the talent it attracts in India. If you want to be a PM and strengthen your foundation in Comp Sci fundamentals, Strategy and Marketing can help you understand the market. Improve your knowledge of a specific industry.
Take a design thinking course. It will teach you how to put the various puzzle pieces together, such as the user's needs, goals, company goals, vision, and value proposition, to arrive at feature recommendations for the product. Domain expertise is required to understand the problems that exist in that industry and what product is required to address them. To stay ahead of technological trends, you must ride the wave and build the right things at the right time. Follow the blogs of some of the best product people who have shared their wisdom. Learn it and put it into practice. The best way to learn product management is to create something on your own.
How is XLRI (BM) compared to JBIMS, FMS & IIM L?
XLRI has been ranked 9th for management studies in India by NIRF 2020 whereas FMS, IIM-L has been ranked 35th and 4th position respectively. JBIMS is ranked 23 for MBA by India Today 2019.
Admission:
XLRI:
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XLRI conducts the Xavier Aptitude Test (XAT) every year in the month of January which is followed by PI rounds for admission.
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95% is the cutoff for male candidates to join the BM program whereas 93% in the case of females for the same.
JBIMS:
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CAT exam and PI round must be cleared to get admission at JBIMS with the minimum graduation score of 50%.
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The previous year cutoff for BM was 96%.
FMS:
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FMS considers CAT scores for MBA admission.
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BM at FMS is most likely to have a cutoff of 98%.
IIM-L:
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For admission at IIM Lucknow, one has to clear IIM-CAT.
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The expected cutoff percentile this year would be around 97-99% for BM.
Placement statistics:
XLRI:
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The batch of 2020 recorded 100% placement with 362 overall domestic and international offers.
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The average CTC was recorded to be 26 LPA whereas the highest package was 58.5 LPA.
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Sales & marketing and BFSI were the top sectors where students were placed. 17% of these roles constituted students from Business Management.
JBIMS:
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JBIMS experienced a 17.6% hike in their average salary from the previous year. The average CTC offered this year is 20.13 LPA where 98% of students applied for placement have got placed.
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The best domestic CTC offered in 2020 is 32.3 LPA.
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41% of students got placed at BFSI and IB sectors which includes a majority of BM students.
FMS:
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219 students appeared in the placement session in 2020. Each of them got placed at top-notch companies like Coca Cola, Asian paints, GSK pharma with an average salary of 25.6 LPA.
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58 LPA was the highest CTC offered which is 10% more than the previous year.
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Consulting, General management, and E-commerce were the major domains where 33% of students got placed.
IIM-L:
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443 students got placed from the 2020 batch at IIM-L with an average annual package of 24.25 LPA at companies like Flipkart, Deloitte, Accenture.
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The best CTC offered so far is 54 LPA at IIM-L.
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480 students availed of a summer internship opportunity with an average stipend of 1.2 LPM.
XLRI slightly holds an upper hand for BM when compared to the other three B-Schools. Nonetheless, all four institutes offer quality education, exposure, and good placement.
Can a non-engineer enter FMS Delhi?
Yes, a non-engineer can enter FMS Delhi. Though, engineers tend to be more in number just because they are able to score on the CAT because of their quant orientation non-engineers are definitely welcomed to the college. You just need good Academics to score IN 10th, 12th, and graduation. and a very good percentile in CAT. In conclusion, FMS values merit irrespective of which stream you belong to.
How do admissions happen in FMS Delhi in the CW category?
Admission chances depend on entrance exam scores, category reservation, state quota, and annual competition levels.
Assessment factors:
- Previous Cutoff Trends: Analyze last 3 years' data for your category and branch.
- Category Reservation: Cutoffs vary significantly across General, OBC, SC, ST, and EWS.
- State Quota Benefits: Home state candidates often have 10-20 percentile lower cutoffs.
- Branch Popularity: CSE and ECE have higher cutoffs than mechanical or civil.
- Counseling Rounds: Later rounds may see reduced cutoffs—participate in all rounds.
Use official predictors and last year's cutoff data. Prepare backup options across different rounds and colleges.
How much percentile is required for admission in MDI, JBIMS or FMS?
My answer does mention the required percentile for each of the B Schools you mentioned. But before I proceed I would like to shed light on the fact that the CAT percentile is not the only factor that determines your admission into a B School. There are other factors you need to work on like academic background, work experience, and GD-PI.
MDI
The college offers PGDM admissions on the basis of CAT and GMAT scores. The expected CAT percentile is around 93-95 and the GMAT score is 680+.
Apart from this, the candidates are expected to have above average academic records, work experience and WAT.
JBIMS
The institute accepts CAT, MH-CET, and GMAT. The percentile cutoff for the General Category
CAT: 95
MH-CET: 99.97
GMAT is accepted only for NRIs.
FMS Delhi
This institute is well known for its extremely low fees and the null weightage given to past academics. Thus admissions are based on the CAT percentile for which the cutoff is very high and GD-PI. The CAT percentile can be around 98.3
It is important to note that CAT should not be the only factor to consider while preparing for admission. Interview and GD rounds should also be given equal importance in addition to work experience.
Why do people flock to IIM Lucknow and leave SPJIMR and FMS, when IIML teaches management like engineering whereas SPJIMR and FMS have a more conducive environment to actually learn? They also get the
By ‘teaches Management like Engineering’ I assume what you mean is Management studies at IIM Lucknow are more strict, mundane, and repetitive. In this regard, I refuse to accept your claim as the reality is far from this.
People graduating from these institutes are youngsters with an age group of 20-25 so there is very little impact of the institutes' pedagogy on the learner’s ability to learn. These candidates are likely to be more serious regarding their growth and even sacrifice the fun of a typical B School life just to reach new heights. Anyone with such a mindset is likely to fare well anywhere irrespective of the choice of Institute.
I am going to specifically pinpoint the scenario at FMS because there is a general conception that FMS has a relatively chilled ambiance. The truth is I have seen many students working tremendously hard in their 2 years. They explore much more than academics and take part in many extracurricular activities because they know it’s their last opportunity before they enter the corporate world. The attendance rules although stricter than that at IIM Lucknow are no direct indication of the general discipline and the rigor of the curriculum. Every institute has its own tailored learning environment and it’s up to the students to make the most out of it.
People just ‘flock’ to a particular B School because of the sheep mentality. Rather their decisions are based on continuous analysis of various factors like tags, peer group, intended specialization, placement opportunities, personal goals.
Is it worth doing MBA from FMS Delhi?
Absolutely, FMS is one of the premier B-Schools in the country and has the best ROI any Business school can provide.
Let us say, you are investing an amount of 50k for education expenses, in return you get an average package of 34.1 LPA which is 6800% ROI. In addition to that you get a peer group who are from diverse backgrounds and contribute to your holistic development in your MBA career.
You will make and build connections you cannot think of and how it is going to help you throughout your life.
My heart says FMS Delhi. My brain says IIM Calcutta. Where should I go??
You should make an informed and logical decision rather than being irrational and believing that your heart says something different than your mind.
Getting to FMS vs. IIMC. Both are excellent business schools that have been in operation for many years. However, there is a reason why IIM ABC is mentioned in the same breath as the top three business schools in the country. Every ranking dating back decades has confirmed this. Every Indian is aware of it. FMS, while a good B School, is not compared to IIM ABC because they are superior in every way to any other B School.
When people say that the IIM tag is important, they are correct; however, how much it matters and for which IIMs is a different stories. Even the big four - PwC, Deloitte, KPMG, and E&Y - do not rank IIM ABC and IIM LKI equally. There is a distinct distinction. The rest of the time, you can deduce how much IIM ABC command the tag value over every other IIM. When compared to colleges that are not in the top 15, the tag matters for other IIMs. So, yes, the tag is important, but it is especially important for IIM ABC, which places a high value on the tag. This label is permanent for ABC graduates, but this cannot be said for other IIM graduates.
There are no parallels between IIM Calcutta and FMC Delhi. IIM C is far superior to and ahead of FMS. FMS is simply ranked lower than IIM ABC. You should think about it and make the right decision.
What is the objective of admitting freshers in Ivy B-Schools like IIMs, FMS, JBIMS, SIMSREE, SPJIMR, XLRI, etc.??
MBA admission in Indian B Schools is a fairly weird process in comparison to that of foreign B Schools. In India, the admission process requires a candidate to have some work experience and in certain B-schools, it even carries a certain weightage. But during Final Placements, this scenario changes entirely as the recruiters prefer freshers over experienced candidates. The major reasons for this contrast are:
- The recruiters offering Marketing roles are on the lookout for candidates who can initially go through a sales job for a few years. They believe that the route to Marketing is through sales only. Now Sales requires a lot of traveling that too to rural areas. The recruiters know that these tough job conditions cannot be undertaken by Experienced professionals and thus prefer freshers who they can mold easily.
- The companies offering Finance roles know that the candidates with prior work experience won’t be working for the long hours they require them to. So they prefer freshers who can work long hours without complaining.
Recruiters are looking for candidates with work experience of not more than 11-12 months. Honestly, this strategy is illogical as a person with more work experience is bound to excel much better than a fresher, and restricting him from getting a job just because they cannot be exploited to the fullest extent is a bit cruel.
The scenario is pretty much the opposite in foreign countries that prefer MBA candidates with work experience only. This is because in India MBA is considered a way to become more employable or earn a fatter cheque. Whereas in the West, it is a means to upgrade your career and take it to new heights. The entire concept of MBA is at fault in India thereby this illogical strategy.
In my opinion, MBA candidates should have a work experience of at least 1 year, only then they can harness the MBA program to the fullest and not approach it just as a source of placements.
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