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What is the difference between FMS Delhi and the south campus of Delhi University?
FMS, Delhi is one of the most prestigious B-schools in India and is recognized even globally with many of its alumni working in key management positions in global companies. FMS has arguably the best ROI (Return on Investment) with a fees of 2 lakhs and an average placement of 34.10 LPA.
The south campus of Delhi University on the other hand includes colleges like Sri Venkateswara, Atma Ram Sanatan Dharma, Motilal Nehru, etc.
FMS is solely a management institute that offers postgraduate and Ph.D. programs while the colleges under the north and south campus have Bachelor's as well as Master's courses in various fields.
I'm an average student I got 88 and 73 in 10th and 12th class Will I get admission in FMS Delhi?
According to the new selection criteria for 2021, you will lose 10 out of 20 marks for your previous academic performance. In the initial selection phase, FMS Delhi does not consider a candidate's academic background; however, 20% of the final selection criteria are based on academic performance.
Obtaining a 99+ percentile may guarantee a call, but the call will be wasted if you cannot convert it. Even if you performed exceptionally well in the interview, the likelihood of conversion is low. You must compensate for any academic points you may lose by achieving a high CAT score.
Considering global value and ROI, is ISB Hyderabad a better B school than FMS Delhi?
ISB and FMS are the premier business schools in India, with distinct USPs.
Global Value:
In terms of global value, ISB, Hyderabad is far ahead of its Indian counterparts. On a global scale, even IIMs struggle to compete with ISB. When it comes to global values, ISB is far ahead of FMS. It is ranked as India's top management college for a 1-year MBA in QS Rankings and the 7th best management college in the world in the Forbes list. FMS, New Delhi, lacks international exposure.
ROI:
FMS has no competition in the world in terms of ROI. ISB charges around Rs 35 lakhs for a one-year MBA, whereas FMS charges around Rs 2 lakhs for a fully residential two-year MBA program. Furthermore, the average CTC of both schools is nearly identical. FMS wins this race by a long shot.
How much education loan can I get for FMS Delhi?
You can obtain the loan quantity that you genuinely require.
You will require about Rs. 200,000 for course fees, Rs. 300,000 for lodging and food for two years, Rs. 75,000 for a laptop, and an additional Rs. 125,000 for other costs. You may be approved for a 700,000 rupee study/education loan, but you are to only take out what is necessary. For the portion of the loan that was not used, interest is not due.
The bank will send the money for course fees and other college expenses/fees online to the college, while the money for personal needs will be credited to your savings account at that specific bank.
Which of the following is better in terms of placements: IIM K, IIM I, ISB, FMS or XLRI?
ISB caters to working professionals with more than 2 years of experience. If you do not belong to this category, this institution is not for you.
Now coming to the other options,
The HR program of XLRI is very old and renowned. Because of it, XLRI receives a slightly higher number of recruiters. This boosts its average package. Its limited batch size also benefits its placements. IIMK, FMS and XLRI receive more or less the same companies. But IIMK and XLRI attract MBB (McKinsey, Bain, BCG) for their front end roles, which IIMI and FMS do not.
Considering all these factors, XLRI is the best choice, mainly because of its small batch size. It is followed by IIMK and FMS, and IIM Indore comes last.
What is a better option between IIM Ahmedabad and FMS Delhi given that I have no financial help from my parents?
Financially speaking, FMS Delhi is a better option. The fees are extremely low compared to most other B Schools. The low fees do not compromise the quality of education here. But the accommodation and other expenses are high in Delhi. So the best option is to get a hostel in DU. But if you are okay with below-average rooms then rooms are available near FMS in the Malka Ganj area. They cost around INR 4000-7000.
If you go for IIM Ahmedabad, the scholarships and student loans will help you a lot. They will cover your tuition and hostel fees and will have to just pay your personal expenses (10k-15k in PG). One won’t regret investing in IIM Ahmedabad in the long run. But the ultimate choice is yours.
How good is IIFT as a college is when compared to IIMs, FMS, SPJIMR, and MDI?
IIFT was established in 1963 by the Government of India as an autonomous organization to professionalize the country’s foreign trade management and increase exports by developing human resources, analyzing and disseminating data, and conducting research. Among the top 10 business schools, it is the only B-school in India that offers an International Business program. This institute is also known as the Mecca for trade.
The major pros and cons of the institute have been entailed below
Pros
- It is one of the best B-Schools in the country and one of the finest in Asia if you want to pursue a career in Trade. As per NIRF Ranking 2018, the Institute has been ranked as number 23.
- Highly recognized organizations like WTO, OECD, World Trade Centre & European Union come to India for recruitment and visit only IIFT.
- The batch size is very small thereby rendering unlimited opportunities to its students. It is literally the Mecca for Finance.
- IIFT Delhi has been winning the CFA Equity Research challenge nationally for 2 out of the last 3 years.
Cons
- IIFT Delhi campus is very small, around 6.5 acres. Rooms are triple occupancy in the 1st year and double in the 2nd.
- Big names in consulting like McKinsey, BCG, and AT Kearney, are yet to visit the IIFT Delhi campus.
What would happen if FMS and XLRI become IIM Delhi and IIM Jamshedpur respectively?
It seems almost impossible to happen. Although FMS is a reputed institute, it has yet to have the desired campus life. When a student dream of an MBA, a good campus life always remains inside their brain, and FMS does not fulfill that.
If we talk about XLRI Jamshedpur, there is already an IIM in the state of Jharkhand, IIM Ranchi. It is not possible to have 2 IIMs in one state, plus XLRI has a different brand image. Many people consider this institute better than any IIM, whether the IIMs are ABC, and it is a private institute as well, so the chances are close to impossible for these institutes to become IIMs. And if any, how they become IIMs, so I think FMS won't change much, but XLRI will have to follow government guidelines then.
Why is FMS Delhi lesser known compared to the IIMs and XLRI?
Everyone looks at IIM-Ahmedabad, Bangalore, and Calcutta through CAT and XLRI through XAT. The IIMs have mastered the art of marketing through alumni networks, events, and branding. As a result, they are able to attract the best faculty, students, and recruiters. The respectable cycle will be broken if they fail in one aspect.
FMS is under the supervision of DU. It has a set budget, a limited number of seats, and consistent recruiters. The cycle is well established; there is no need to change the current situation.
IIMs and XLRI are the only institutions that hold separate exams and require entrance exams. Many advertisements for these entrances can be found in newspapers, blogs, and magazines. FMS, on the other hand, avoids such activities. FMS offers similar opportunities in terms of exposure, placements, knowledge, a strong alumni base, and so on.
I have a low profile, 72% in 10th, 68% in 12th, and 99.98 percentile in the CAT. Will I get admitted to FMS Delhi even if I get an admission? Will any big company select me as I am a fresher?
According to the new selection criteria for 2021, you will lose 10 out of 20 marks for your previous academic performance. In the initial selection phase, FMS does not consider a candidate's academic background; however, 20% of the final selection criteria are based on academic performance. Obtaining a 99+ percentile may guarantee a call, but the call will be wasted if you cannot convert it. Even if you performed exceptionally well in the interview, the likelihood of conversion is low. You must compensate for any academic points you may lose by achieving a high CAT score.
And admission to FMS is possible with these academic credentials. Perform some calculations prior to the CAT exam to determine how many points are required for conversion. 135–140 marks will yield an approximate total score of 30 based on 50 percent of the final selection's weightage. With average performance in the interview and extemporaneous speech, the likelihood of acceptance to the institution is high. Attempt to achieve the highest possible marks in the CAT exam.
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