Usually, people consider IIM ABC better than FMS. Some parameters on the basis of which people usually compare these colleges are
You can use these parameters to decide which is a better B School for you.
At IIM/FMS/JBIMS/SPJIMR/IIFT/XLRI, attendance is seen as a crucial aspect of the learning experience. Every effort must be made to be present in class and to participate actively in the discussions. In fact, class participation is considered to be such an important factor in determining grades that a significant portion of the total course weightage is allocated to it. This system is in place to encourage students to be engaged in the learning process and to ensure that they are taking full advantage of the educational opportunities available to them.
On the other hand, at IIT Kanpur, there is a more relaxed approach to attendance. While it is still advisable to attend classes and to be present for lectures, there is no strict requirement in place. This gives students more flexibility and allows them to choose when they want to attend classes based on their personal schedules or other commitments. It also means that engineering students are not penalized if they miss a class or two, as long as they are able to make up for it by participating in other ways, such as completing assignments or preparing for exams.
Overall, both B-schools and Engineering colleges have different approaches to attendance and class participation. While IIM Ahmedabad places a strong emphasis on being present in class and participating actively, IIT Kanpur takes a more relaxed approach. Ultimately, the choice between the two institutions will depend on the individual student's preferences and learning style.
The Faculty of Management Studies (FMS) is part of one of the world's most prestigious universities, The University of Delhi. MBA from FMS is a dream that many people have, but only a few achieve. Established in 1954, the institute was incepted with a focus on management education and not just on business management.
Academics: You will quickly realise that there is no room for boredom at FMS; you will always be on your toes, rushing to classes, attending guest lectures, submitting assignments, preparing case studies, and so on. Academics at FMS are more than just whiteboard or PowerPoint presentations in the classroom; they also include field trips, group tasks, individual/group projects, and bunking together to encourage you to think beyond FMS.
Extracurricular Activities: Aside from academics, life at FMS will be surrounded by various student societies that will provide you with exciting events to keep you busy. The B-school basically forces you to participate in competitions and live projects that will allow you to explore the seemingly limitless opportunities available to B-school students.
The routine of the Day: A typical day in the life of an FMS student begins around 8 a.m. when he or she wakes up and prepares to attend class, which begins promptly at 9. Every day, there are four classes for one hour each. The classes are followed once or twice a week by a Guest Lecture by eminent personalities from the industry who provide first-hand experience and great insights into the ever-changing business scenario.
Annual Festivals and Clubs: Aside from academics, the college participates in a variety of co-curricular activities. The various clubs under the purview of cultural society, namely Nethra - the photography club, KALA - the fine arts club, and Agamya - the literary and debate club, hold events throughout the year, allowing students to pursue their hobbies and interests in various fields.
Library: The Faculty of Management Studies (FMS) Library is a valuable resource for students, researchers, and business and management faculty. has amassed a substantial library of over 50,000 books, over 100 journals (including 60 foreign journals), 12 newspapers, and numerous other resources such as theses, student project reports, CDs, various reports, economic survey reports, and so on.
Life post-MBA from top B-Schools such as FMS, XLRI, MDI, NITIE, JBIMS, and SP Jain for most people is comfortable, because of decent pay packages and perks. Most alumni of these institutes are placed in companies and sectors of their choice. Here are the recent placement highlights for these institutes.
Institute | Average CTC (in INR) | Highest CTC (in INR) |
FMS | 32.4 LPA | 58 LPA |
XLRI | 30.78 LPA | 60+ LPA |
MDI | 26.07 LPA | 1.14 CPA |
NITIE | 25.41 LPA | 49 LPA |
SP Jain | 26.06 LPA | 46.65 LPA |
JBIMS | 27.63 LPA | 42 LPA |
Achieving a work-life balance can be difficult. However, doing MBA from these institutes will certainly teach you how to handle the pressure of professional life.
When discussing a business school, the most common topics of conversation are diversity, peer learning, case competitions, learning culture, and placements.
Both FMS and IIM Lucknow have very different admissions criteria. Lucknow promotes academic diversity and places a high value on interview scores, whereas FMS places a greater emphasis on percentile.
Typically, classes in business schools last until five o'clock. If you stay on campus, you have the option of sleeping until 8 p.m. and then attending a club/committee event at 9 p.m. When you have in-house fields, you can relieve stress by playing football or cricket at night. You have the chance to run your own business at IIML thanks to their student-run enterprises on campus.
When it comes to faculty, case competitions, and academic curriculum, both brands are massive, and there are numerous opportunities. Additionally, since ROI is the topic of most discussion, FMS succeeds in this area if cost is a genuine concern.
Earlier, FMS did not take past academics into consideration. But now it does. The admission at FMS Delhi is a 3-step process
The MBA and Ph.D. programs require the CAT exam as a requisite whereas the Executive MBA does not require any kind of exam.
Eligibility: Bachelor’s degree with a minimum of 50% marks or Students in their Final Year of Graduation
Duration: 2 years
Selection criteria: The prerequisites apart from CAT scores are Academic Score, Statement of Purpose, and Personal Interview.
The weightage given to the above criteria is as follows
CAT: 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.
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
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.
FMS Delhi gives 50% weightage to the CAT score, which maximum weightage is given to the verbal section of the CAT. Class 10th and 12th are given 10% weightage each. If your 10th and 12th score is 60-75%, then you will receive a 5% score, and if it is more than 75%, then you will receive a 10% score.
Your 10th and 12th score is low, but you can still make up things in the CAT exam, especially in the verbal section and your interview and SOP discussion, interviews at FMS has been given a weightage of 15%. Your graduation percentage is just above the cut-off of 50%, which might create problems for you in admissions, but yes, miracles do happen.
If you score well in your CAT and interviews, there are chances. For other IIMs, the criteria remain somehow similar. All of them gives priority to CAT score and interviews.
According to the eligibility criteria, you must have completed a Bachelor's Degree with at least 50% marks at the graduation level (SC/ST: Passing marks; OBC/PWD/CW: 45% weightage as per university rules) or equivalent CGPA.
It doesn’t mention anything about the 10th and 12th marks for being eligible for admission, but there is a weightage of
So, you will need to perform really well in the SOP, Extempore, and PI along with the CAT exam to stand a chance for admission.
You should definitely attend IIM Lucknow rather than FMS Delhi. IIM is a brand, a distinguishing mark that will stay with you for the rest of your life. You never give up the IIM tag for FMS, no matter how much it costs.
The FMS campus has a dingy canteen the size of a bungalow, women dressed in glittery clothing roaming around, and plenty of heat and dust. There are also no hostels. You must take a PG if you go there. Food will be provided by the PG and nearby vendors.
In terms of finances, IIML fees are not comparable to Harvard fees. If you have given money to coaching institutes, you can certainly afford IIML. You may need to take out a loan, but you can certainly afford it.
Anyway, back to culture and way of life. In comparison to FMS, IIMs are king-size. Acres of land, well-kept cultivated greenery, a clean campus, and tasty mess food. Any IIM mess is better than most engineering colleges' mess, and Lucknow's Mess is delicious. The sports complex includes a large swimming pool, Jacuzzi, steam bath, large courts, and other amenities. Every two months, there will be massive student festivals where you can interact with students from other IIMs. You'll get a free membership to a nearby club where you can wine and dine. The student exchange program with Europe at IIM Lucknow is fantastic. You have the opportunity to study alongside international students and make friends from all over the world.
During the IIM Lucknow summer placements for the 2022-24 batch, 570 job offers were made and over 185 recruiters visited the campus. Aside from that, the highest and average stipends offered during summer placements at IIM Lucknow for the 2022-24 batch were INR 3.5 lakh per month and INR 1.41 lakh per month, respectively.