To your surprise, FMS summer placement package offered to students of batch 2022-24 is 50% higher than what is being offered at IIFT.
IIFT average stipend for summer placements. 2.04 lakhs and median stipend of 2 lakhs whereas there has been a rise of 14% in the average stipend at FMS to 3.02 lakhs and an increase in median stipend by 15% to 3 lakhs.
The top 50% of the students based on the package offered lie at 3.54 lakhs for the summer internship. Maximum Students got internships in the domain of consulting and strategy.
No.FMS's part-time program is for working professionals with extensive experience who want to advance in their existing jobs or gain new skills to find better ones.
Thus, full-time MBA programs offer placements to freshmen and recent graduates who need a career boost.
The interview panel consists of FMS faculty members and industry experts. During the interview, the panel will ask you a range of questions to assess your suitability for the MBA program.
Some common types or areas of questions that are asked in the FMS Delhi MBA interview are below mentioned;
Note that the questions asked in the FMS Delhi MBA interview can and will vary from candidate to candidate, and the interview panel may ask follow-up questions based on your responses. Therefore, it is important to be well-prepared and confident during the interview.
FMS is one of the best MBA institutes in India which provides a very good placement with very less fees. Some people prefer FMS over IIM-Ahmedabad. The cut-offs are extremely high going till 99.7%ile in CAT.
It is difficult to get into FMS Delhi. So, you have to prepare accordingly.
Job and career prospects are relative terms, which depend a lot on any individual. Both IIMs and FMS is reputed college for MBA but FMS is comparable to top IIMs, the new IIMs are not that par with the FMS. The placement of FMS is quite high and matches that of BLACKI( Top 6 IIMs). If I compare top IIMs with FMS, I would say IIMs have a better name than FMS, so growing up the ladder in your career is more when you pass from a top IIM. As the alumni base of an IIM is more than that of an FMS. So according to me 5 years down the line, a top IIM guy will be in a better position.
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.
All the aforementioned colleges are among the best B Schools in India so the choice between them depends on your preference and future prospects. You need to determine what exactly you want from the program and where your career currently is.
In general, ISB is for people who have better industry experience, good leadership skills and decent academics. The other B Schools focus more on excellent academics throughout your career.
The ranking of these institutes in my opinion is ISB, IIM-A, B, C>IIM-L, FMS, XLRI,>SPJIMR
The above preference order is based on a number of factors like career progression, college market value perception, quality of faculty, quality of students, academic learning, quality of recruiters and infrastructure.
FMS Delhi may have a lower CAT score cutoff for applicants who fall under the Economically Weaker Section (EWS) category than it does for applicants who fall under the general category. FMS Delhi does not, however, make the precise cutoff for EWS candidates available to the public.
To improve their chances of getting a call from FMS Delhi, it is advised that EWS students aim for a CAT score above the 97-98 percentile. However, it's crucial to remember that FMS Delhi also considers the candidate's academic background, professional experience, and performance while making a shortlist of candidates. In addition to the CAT score, these factors are taken into account during the selection process.
Improving your CV is important when you join a B-school because candidates are not shortlisted based on their CVs.
A basic approach to upgrading your CV would be to add points to portray a balanced profile (academic, work experience, extracurricular activities, competitions, certifications, etc.) or to be remarkable in a specific field.
Extracurricular activities, academic honors, prizes, scholarships, and career objectives were all requested on the application forms for FMS Delhi. During your PI round, you should expect a handful of questions from these areas, though the topic could be anything, including current events and your graduating course. So you must be up to date on current events and be prepared to speak for a few minutes on yourself or any random topic.
Your chances to get into FMS Delhi and any other older IIMs depend upon three criteria.
The major contributor to your admission would be the first two factors. Your profile does not make such a difference when you excel in the first two. You could get into one of these prestigious institutes if you work hard enough.