Updated 2 Oct 2026By Gauri DeshmukhReviewed Upamanyu Naskar
India · Top valueNew DelhiFounded 1954

The FMS
MBA.

A roughly INR 2.4 lakh fee against a INR 32 lakh average placement: the highest-ROI MBA in India, admitting near the 99th CAT percentile. Everything an applicant needs to know, laid out honestly.

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Quick answers.

The questions we are asked most often about FMS Delhi, each answered in two sentences. These power the Google rich-result and are what Perplexity and ChatGPT lift verbatim when they cite us.

FAQPage schema · AI engines quote these
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The class profile, and the ROI.

FMS is CAT-based for domestic applicants (GMAT only for foreign nationals). The number that defines it is the fee against the salary: unmatched ROI.

FMS Delhi · Flagship MBA · Class of 2028

The class

Class of 2028 · 270 students

The ROI cut

The ROI cut

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The admissibility check.

Enter your profile. We’ll place you honestly on the FMS Delhi admit band and give you the odds. We will not flatter you. This is the number your consultant should be telling you.

Interactive tool · based on last 3 cycles of admit data

Tool · 01Enter your profile

Where do you stand?

Verdict

Strong fit

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You vs median GMAT-
You vs median work-ex-
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Deadlines & what to do today.

Three rounds, three different strategies. Which one you file in is often more decisive than any essay rewrite.

Live countdown · Timezone IST
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Essays & interview.

Selection is weighted CAT plus an SoP discussion, extempore and interview. The common mistakes, and what FMS is really looking for.

Verified against FMS bulletin
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Cost in INR, the honest number.

The sticker price is in dollars, your loan is in rupees. We’ll give you both. And we’ll show the number nobody puts in a brochure: the real break-even year.

Interactive tool · Already in INR · no conversion

Tool · 02Scholarship + loan reality

What does FMS Delhi actually cost you?

Your net cost over 2 years

INR 1.98 Cr

After scholarship, before any family savings. This is the number you need to borrow or self-fund.

Payback at target role-
Payback, conservative-
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Named scholarships.

FMS needs no scholarship programme: the fee is so low it functions as universal aid. Support is statutory (category reservations, EWS) plus a gender weighting.

Low fee = the scholarship · statutory support
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Where you’ll work.

No visa question: FMS is an Indian degree, so placement is the story, and the ROI is extraordinary given the fee. Consulting and finance lead.

Interactive tool · sector placement

Tool · 03Placement check

Where do you land?

Reality check

82% placed in-sector

Placement rate~100%
International offers~30%
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Who hires here.

Consulting, BFSI and tech lead placements, with FMS competing with the top IIMs at a tiny fraction of the fee. FMS does not publish per-firm counts, so the figures below are Pegasus estimates.

CTC reported (2024-26) · per-firm counts are Pegasus estimates
EmployerSectorHiresMedian baseNotes
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Compare live.

Side-by-side with any 1-3 of the 24 schools we cover, built from the same dataset so the comparison is honest.

Interactive tool · Pick up to 3 peers
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§ Sources & last-updated

    Written by Gauri Deshmukh · Reviewed by Upamanyu Naskar · Last updated 02 October 2026