I think I am the right person to answer this question as I have worked with graduates from the aforementioned top B Schools in India and my brother was a student at ISB. With the combined experience and knowledge I have, I dare to comment that ISB is an overhyped B school in India. What makes it stand is its amazing infrastructure, founding members, and the whole Western-style education. However, if you look at its academic style, I don’t find it very appealing. It fails to prepare students well and does not meet the standards of the 4 IIMs (ABCL) and XLRI.
Placements-wise one can comment that ISB is a notch better than XLRI and FMS but it is on the same level as IIM Lucknow.
Ultimately, the brand value of a business school is a matter of personal opinion and is subjective.
I have seen many people forgo offers from MDI, JBIMS, and even IIM Bangalore just for FMS Delhi. There are a number of reasons pertaining to why people make this decision. Some have been listed below
So your first choice has to be FMS unless you are willing to go for the Finance sector. In that case, JBIMS being situated in the Finance capital is a much better choice.
FMS Delhi is one of the oldest MBA colleges and attracts highly qualified individuals every year. Its rankings and placement statistics are living proof of its legacy and excellence. At no single aspect does JBIMS give an edge to FMS. Owing to its outstanding performance in delivering management talent every year, it attracts top firms for recruitment and the best candidates. The CAT cutoff gives an edge to the top IIMs and thereby causing great competition. The absence of a state/regional quota also ensures that students don’t have to compromise on quality and merit. Let’s discuss some more points where FMS gives an edge to JBIMS thereby proving its worth.
All these features combined make FMS one of the best schools and definitely a better choice than JBIMS.
FMS is known largely for its Management and Consulting placements rather than Finance placements. Let’s have a look at the sector-wise placement statistics of FMS.
Domains |
Campus Offers |
Management and Consulting |
76 |
E-Com/ IT/ Operations |
61 |
Finance |
30 |
S&M |
25 |
From the above stats we can say that the highest placements were offered to the Management and Consulting domains. The Marketing placements accounted for 39%, Consulting and Management for 17%, IT/Ops for 28%, and Finance for 16%. Finance received almost half of what Management and Consulting placement offers. The top recruiters that came from the Finance sectors are as follows
So I don’t think FMS Delhi is good for Finance.
FMS Delhi is better than IIM Kozhikode. It offers better ROI. According to the recent highlights of FMS Delhi placements, students receive an average CTC of around INR 32.4 LPA. While the highest CTC goes up to INR 58 LPA.
FMS has a smaller batch size compared to IIM Kozhikode. So, it’s easier for students to get decent placements. FMS is older than IIM Kozhikode and hence has a larger alumni base.
Both FMS Delhi and IIM Indore are highly reputed institutes in this league. When it comes to making a choice between FMS Delhi and IIM A/B/C, FMS should be your priority without a doubt. The facilities and opportunities offered at FMS are better than IIM Indore.
If you have doubts regarding this choice of yours you can always weigh the factors to have a better consideration in this regard.
Categories | FMS Delhi | IIM Indore |
Course Fee | 1.92 lakh | 15.01 lakh |
Highest CTC | 35 LPA | 35 LPA |
Average CTC | 16 LPA | 17 LPA |
Recruiting Companies | Nestle, HSBC, Asian Paints, IBM, etc. | Morgan Stanley, Hindustan Unilever, ITC, Goldman Sachs, etc. |
Although candidates tend to opt for IIMs for the name tag, FMS Delhi is a brand in its own and quite an influential one in this league. If you want a hassle-free university life and steady placement in the choice of your sector then FMS is for you.
Irrespective of the B school you choose between FMS and IIM Calcutta, you will surely have a bright future with many job opportunities. Had I been in your place I would have gone for IIM Calcutta for the following obvious reasons:
FMS too has an elaborate list of successful alumni but IIM Calcutta is clearly a winner here.
For those who claim FMS provides better ROI, I don’t think a 20 Lakh loan might be an obstacle to your entrepreneurial plans. Most education loans have repayment periods of 15+ years and banks waive off interest rates and collateral requirements for IIM students.
Yes, there are many people who converted IIM, XLRI, FMS calls, even with a poor academic record. I personally know someone who scored less than 50 percentile in engineering yet got accepted at XLRI. He performed well in MBA and now works as a senior HR at a major eCommerce company.
Academic record isn’t the only thing that these institute takes into consideration while selecting students. Your entrance examination score, performance in GD-PI, extracurricular achievements, etc. are equally important.
The peer pool of IIM Ahmedabad varies from that of other B-schools like SP Jain, FMS, and NMIMS because of the admission criteria and quality of intake. The majority of the IIM Ahmedabad batch comprises performing students with CAT percentile almost touching 100 percentile. and most of them got close to the 100 percentile in CAT and they get opportunities to study business studies in IIM A, B, and C. Very few students get into IIMs through the process of diversification only if they scored more than 80 percent grade in Xth, XII th and Graduate Examinations. The other B schools like SP Jain, FMS, NMIMS, or JB don’t have such strict criteria and the peer pool comprises students from diverse academic profiles rather than just top CAT rankers.
This is the major point of difference between the two kinds of B Schools. As a result of this, IIM Ahmedabad students are offered better placement opportunities at the global level than these average B-schools.
Of course, yes. FMS Delhi is everyone's ideal college. The pattern has been changed, and the paper is now worth 228 points. A score of 115 is sufficient to receive a call from FMS. It is the only tier-1 college that places little emphasis on previous academic performance. If you scored a 99.50 or higher on the CAT exam, you will almost certainly receive a call from FMS. To transfer to college, one must be fluent in English.
The FMS process includes group discussions, extempore, and, finally, a personal interview. In addition, they included an SOP in their selection process. You must describe who you are, your accomplishments in the workplace, and your motivation for pursuing an MBA in a statement of purpose (SOP).
Everyone is interested in FMS because of its large batch size and high ROI. To get into FMS, you must score higher than the 99 percentile. Try your hardest to achieve the highest percentile possible while ignoring your academic records. FMS is the best option for you if your academic performance is subpar. Because the college calls candidates 10 times the number of seats, scoring 99.50 percentile guarantees you a call from FMS. There are 251 seats available in FMS. Simply devote yourself entirely to the preparations and concentrate on increasing your percentile. The higher your CAT exam score, the more likely it is that you will convert.