How good is FMS as compared to IIMs?

Usually, people consider IIM ABC better than FMS. Some parameters on the basis of which people usually compare these colleges are

• Brand value: The top three IIMs ABC have more brand value than FMS. But the brand value is valuable only in the short run. After a few years, your achievements and results will determine you not your college brand value.
• Infrastructure: All the 3 IIMs have the upper hand in infrastructure and FMS is not even near them. The IIMs boast excellent hostels, huge open spaces, and state-of-the-art auditoriums. Whereas FMS has one seminar hall, two large lecture halls, 8-10 classrooms, a small canteen, and a small lawn. But great infrastructure is not a prerequisite for great management education.
• ROI: The fees at FMS is very low in comparison to other IIMs. You can easily pursue an MBA without a student loan. So whatever package you are offered is more than enough. Whereas the fees at IIMs are extremely high and require heavy student loans. So you graduate with a monthly EMI of 40k for 5 years or so. Even with a higher placement than FMS, the ROI is not comparable.

• Alumni network: If you check the list of FMS alumni, you will find it is very much comparable to the top IIMs.

• Faculty: The faculty of FMS is equally good if not better than other IIMs. FMS is more about experiential learning. Apart from a strong focus on academic and theoretical learning, there is a focus is on live projects, industry interactions, and corporate competitions. All this leads to the overall development of the students. So we can say the faculty and teaching are at par with IIMs.

• Campus life: The infrastructure, hostel facilities, and beauty of campus make the campus life of IIM students better than that of FMS which is a residential college.

• Placements: The batch size at FMS is almost half of IIMs. So the competition is also less. But the major consulting companies that visit FMS offer very few roles in comparison to IIMs. 

You can use these parameters to decide which is a better B School for you.