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Questions Asked On FMS Delhi Faculty of Management Studies, New Delhi
How was your FMS, Delhi interview experience?
One of my friends was fortunate enough to appear for the FMS Delhi interview and shared her experience of the same.
Her profile looked like this
- Class 10:89.33% ICSE
- Class 12:89.33% ISC
- Graduation: 9 CGPA with Honors in Sociology
- CAT - 99.60
Her interview was conducted offline and she had to reach the campus early. After the documents verification procedure, she was escorted to a room with 2 female panelists, one of which asked her to introduce herself.
- She was assigned an extempore topic “City of Chaos” for which she had 15 secs to prepare and 1 minute to speak.
- Seeing that my friend was a basketball player, she was asked ‘Is there an NBA in India?’
- What is India’s ranking in world basketball?
- What have you been doing since 2021?
- She was asked about here ambition in life
- She was asked if she had any dream organization which she was eager to join and related questions.
- She was asked about her other calls
- Lastly, they enquired about her reading habits and the message those books gave her.
Luckily, she was waitlisted in 81 and converted to the 2nd Waitlist.
How one should prepare for getting admission in FMS Delhi?
FMS Delhi is one of the Top B-Schools in India, often compared with IIM A, B & C. FMS Delhi has the best RoI, low fees of INR 2 Lakhs, and a batch size of 251 + Supernumerary Seats (for batch 2024-26).
FMS Delhi MBA Admission is based on various criteria such as CAT Scores, Academic Scores, Statement of Purpose, Extempore and Personal Interview. Getting admission to FMS Delhi is not an easy task; it is highly competitive as it's one of the top management institutes in India. Here are some tips on how to prepare for admission:
Prepare for CAT: Admission to FMS Delhi is based on CAT Scores, so you should start preparing for the CAT a year or more before the exam, which gives you enough time to cover the syllabus and practice thoroughly.
Prepare for Extempore and Personal Interview: Apart from CAT scores, FMS Delhi takes Extempore and Personal Interview into consideration. You should prepare for Extempore and PI topics and work on your Communication Skills and Confidence.
Stay Updated: Keep yourself updated with what's happening in the world, like in business, economy, and politics. As it is important for Extempore and PI rounds.
Getting into FMS Delhi requires dedication, great marks, hard work, and good communication skills.
Is it a better choice for choosing FMS Delhi over IIM A or IIM B when compared to placement salary?
There is no question at all if you are optimising for salary in the short term. On average, you would earn more at IIM Ahmedabad and Bangalore than at FMS. In the long run, it will be much more dependent on you and a little bit on the profile you want to work in. However, ceteris paribus and on average IIM Ahmedabad or IIM Bangalore will earn more or as much as an FMS grad. Choose A or B if you want to maximise your placement salary.
Whether you should optimise for placement salary is a different question, and the answer depends on what you want to do with your life.
Is it a better choice for choosing FMS, Delhi over IIM-B and IIM-C?
No, choosing FMS Delhi over IIMB or IIMC is definitely not a good decision as you will be missing out on so many opportunities. Some of them include
- Student exchange programs: The top 3 IIMS have student exchange programs wherein almost 30% of the batch spends one term at a European B School. Also, IIM Calcutta is a part of CEMS. 25 students from IIMC are offered the most coveted CEMS MiM degree.
- Placements: Without any doubt, the top IIMs have the best placement drives than any other B school in India. All the major companies like McKinsey, BCG, Bain, and AT Kearney visit the campus and hire 50+ students every year. Even if the same companies visit FMS M, the roles offered are different. Also despite being good for marketing, the biggest giants in FMCG don’t visit the campus regularly. So top jobs are offered at IIM ABC and FMS misses out on this opportunity.
- Campus Life: With no hostel facility, FMS Delhi has non-existent campus life. Meanwhile, all the other IIMs have beautiful campuses, excellent infrastructure, and hostel facilities.
- Brand name: Without any doubt, IIMs have a bigger brand name than FMS.
- ROI: ROI or Return on Investment is higher for IIMs than FMS in the long run. Although due to the payment of loans initially, ROI will seem less than FMS(low fees), that’s not the case. IIMs provide better opportunities, global recognition, and an alumni base that add to the ROI value.
You won’t lose anything from joining IIMS over FMS.
Which is better: the IIMA or the FMS?
Rather than asking which is better IIMA or FMS you should be asking what is better for you.
My friend is an IIM Ahmedabad pass out. She had got offers from IIM Calcutta, Lucknow, and FMS as well. Yet she chose IIMA because it was her dream college. One year into IIMA she realized some major shortcomings.
- The case pedagogy here is overhyped and not at par with global B Schools.
- The professors don’t teach you much, but rather keep you busy through assignments and quizzes.
- No practical learning of concepts as the curriculum was very obsolete in today’s world of business.
The only significant feature here is its excellent placement. This is also the reason why it attracts so much crowd. But this fantasy is also short-lived. As soon as you land a job, you have to start paying back the excessive loan for years. For instance, you land a package with CTC 20 LPA. The in-hand salary would be around 1 lakh and the EMI standing at the end of every month would be 50000. After reducing EMI and personal expenses you get little for yourself for several years despite your hard work. Despite graduating you will be stuck in the same life for years.
Now considering FMS it has the following merits that make it a tad bit better than IIM Ahmedabad
- Very low fees in comparison to IIM Ahmedabad
- Since you don’t have to take a loan you feel a sense of freedom to take up the course of your choice.
Your batchmates from FMS will be enjoying life, and fulfilling their dreams and you will be still stuck in the same circle of paying back loans. So the brand value is just not enough. I don’t think spending 20 lakhs on any Indian B School is worth it.
What is it like being in FMS Delhi?
Being in FMS Delhi is fun, tiring, exhausting, and thrilling all at once. The baggage of memories and emotions you will carry from here is huge. It will be a rollercoaster ride with many ups and downs.
- You will feel extremely intimidated by the exceptionally talented crowd despite your work experience and 100 percentile in CAT.
- The initial year is very exhausting as you have to work on your academics as well as presentations on complex subjects in Finance, strategy, capital markets, marketing, supply chain, HR & IT. If this is not enough you will also have to prepare for the summer placements alongside.
- Your expectations will face a terrible downfall here as you won’t be able to be at par with the curriculum like you thought you would.
- You will face tough competition while you are struggling with your mediocre academic performance. Your peers will be taking part in internships, National level case competitions, making amazing presentations, and getting scholarships while you are still struggling to adapt to the rigor.
- Seeing others that are better and way ahead of you will rob you of your feeling of entitlement and humble you at once. You will stop taking things for granted and start making the most out of your 2 years.
- You will receive help from faculty and seniors when you are in dire need of assistance. FMS faculty is very cooperative and friendly.
Lastly, you will have a lot of memories and nostalgia to carry with you throughout the rest of your life.
Is FMS better than XLRI?
I would strongly assert that FMS is way ahead of XLRI. I have mentioned a few strong points that support my opinion. Before I begin, let me enlighten you on the fact that this answer is based on thorough research and reviews of graduates of respective B Schools.
Fees
- The major USP of FMS is its average fees with the best placements. FMS has an overall fee of around INR 2 lakhs for MBA and gives tough competition to the fees of XLRI which stands at INR 23.60 lakhs.
- Anyone with common sense would prefer 2 lakhs over 23 Lakhs especially when the ROI is equally good or even better. You can live a stress-free life after your MBA with no burden or repaying a heavy loan.
Industry Acceptance
- Let me clear the very common misconception that IIMs tags are preferred over anything by most companies. Well, FMS graduates have an equal demand and are in no way lower than an IIM graduates.
- XLRI is the best choice when it comes to MBA-HRM. Most companies that offer HR roles prefer XLRI graduates even over IIMs.
Placements
- FMS has made its high ROI known all over the world. It constantly hosts 100% placements. It has distinguished its identity as one of the highest ROI-producing B-schools globally. FMS Delhi's highest package stood at INR 1.23 CPA whereas the average package stood at INR 34.1 LPA and the median package stood at INR 31 LPA. 97% of offers were made above INR 20 LPA. A total of 27% of students were placed in the Consulting Sector and there was a 19% Increase in the number of students placed in the BFSI Sector compared to the last year.
- XLRI placement scenario is outstanding. In its recent placement drive, XLRI recorded 100% Placement with the highest offer at INR 1.1 Crore. It offers a high ROI where the average placement package stands above INR. 24 LPA, while the general cost for its PGDM program is around INR. 11 LPA.
While both excel in placements, it’s the extremely low fees at FMS that make the ROI amazing.
Overall I would say that FMS is a clear winner when compared to XLRI
What is the minimum percentile required to get a call from FMS, Delhi?
FMS Delhi registration will start soon and will continue till the second week of December 2022. As per the FMS Delhi 2023 admission, candidates will be shortlisted on the basis of scores obtained in CAT 2022. The CAT score required for getting a call from FMS Delhi is mostly 99 percentile. After this shortlisted candidates will have to appear for GD-PI and extempore.
If you are a GEM (General Engineer Male) you will have to face the maximum hurdles. You will need a minimum of 99.3+ percentile along with 95+ percentile in the VARC section.
If you are a GEF(General Engineer Female) then you will get an additional 3% once you are through the interview round.
But the overall target to get a call remains the same for everyone i.e.99+ percentile.
What CAT percentile do I require to get calls from IIM Blackis, FMS, SP Jain, JBIMS and MDI Gurgaon?
For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are
- ABC and FMS: Both institutes required nothing less than 99.5. Those who get admission at a lesser percentile, usually don’t belong to the GEM category. There are many who don’t even get a call with 99.3. So to stay on the safer side, go for nothing less than 99.5.
- IIM Indore and Kozhikode: Both the institutes require percentiles around 97.5 for an interview call
- SPJIMR: This Institute has unique selection criteria under which CAT is given less value and calls are issued on the basis of the candidate's profile. The CAT percentile required in this case is less than the normal if you have a good academic profile along with work experience,
- MDI: This institute issues calls around the 96% mark.
It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.
Is FMS Delhi a good option for a MBA executive program?
Yes, pursuing an MBA Executive from FMS Delhi is indeed a very good decision. This is because my brother was in the recent batch and according to him these are the reasons that make it a good choice
- ROI: The fees charged at this B School are very less in comparison to other B schools.
- Rigor: The MBA Executive Program is quite rigorous with classes 6 days a week. Regular exams, sessionals, projects, and assignments make it a bit frustrating but in the end, they help you in clearing semesters.
- Faculty: The faculty for this program is very experienced and knowledgeable.
- Mixed batch: The diverse profiles of your peers make it a more challenging and thrilling experience. The batch has doctors, engineers, CAs, Armed forces officers, PSU employees, and IT professionals.
- Duration: 2 years
- Degree: An MBA degree from Delhi University is worth it in the end.
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