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FMS vs. IIM: Given their reputation for academic brilliance, robust alumni networks, and outstanding placement records, the FMS and IIMs are a hot topic for Indian MBA candidates. The distinction, though, is in their overall brand value, campus culture, and fee schedule. Based on their admissions procedures, costs, placements, etc., this article examines the key distinctions between the two.
Rankings of FMS vs. IIM
Ranking is crucial because it allows applicants to assess schools according to criteria like academic standing, faculty, facilities, placements, and alumni connections. By clearly comparing options, they make decision-making easier.
The Ministry of Education uses the National Institutional Ranking Framework (NIRF) to rank MBA programs. Students can use these rankings to determine which Indian colleges are among the top 10, 20, and 50. These are the NIRF rankings for FMS and all IIM colleges.
| FMS Ranking (IIRF) | |
| FMS | 2 |
| IIMs Ranking (NIRF) | |||
| Ranking | IIM Name | Ranking | IIM Name |
| 1 | IIM Ahmedabad | 23 | IIM Kashipur |
| 2 | IIM Bangalore | 24 | IIM Shillong |
| 3 | IIM Kozhikode | 26 | IIM Visakhapatnam |
| 5 | IIM Calcutta | 27 | IIM Tiruchirappalli |
| 6 | IIM Mumbai | 31 | IIM Nagpur |
| 7 | IIM Lucknow | 33 | IIM Bodh Gaya |
| 8 | IIM Indore | 42 | IIM Jammu |
| 12 | IIM Rohtak | 47 | IIM Amritsar |
| 14 | IIM Raipur | 50 | IIM Sambalpur |
| 17 | IIM Ranchi | 57 | IIM Sirmaur |
| 22 | IIM Udaipur | ||
IIM Admissions Process vs. FMS
A merit list containing the names of the candidates who have been chosen for their MBA programs is created using the admission selection procedures that IIMs and FMS use. Both institutions shortlist applicants for the interview stage based on their CAT scores. Here are the specifics of the FMS and IIM admissions selection procedures.
| Admission Process | |
| FMS Delhi Admission Process | IIM Admission Process |
Admission to IIMs
A candidate must take the CAT exam in order to be admitted to IIMs. Following the results announcement, candidates will be shortlisted based on their overall profile and CAT score. In the event that the IIMs shortlist a candidate, they will be invited for an interview, and their results from the WAT and GD programs will be used to create a composite score that will be used to create the final merit list.
Admission to FMS Delhi
CAT results are accepted by FMS Delhi for the purpose of shortlisting applicants for admission. The college will invite the candidates to the in-person interview round after they have been shortlisted based on their CAT scores. Candidates’ overall performance in both stages determines the final choice.
Programs Provided by FMS vs. IIM
Candidates from India and overseas can obtain management education degrees from FMS and IIMs. IIMs can offer additional programs like an MBA in Family Business, Business Analytics, etc., while FMS offers MBA and executive MBA degrees to the most qualified applicants. Because they are offered by some of the best institutions in the nation, all of these programs are very sought after by applicants.
| IIMs Programs Offered | FMS Programs Offered |
| PGDM/MBAExecutive MBAMBA Family BusinessMBA in Business Analytics | MBAExecutive MBAExecutive MBA HCA |
IIM vs. FMS Fees
When it comes to MBA program admissions, the fee structure is crucial. Even though FMS is renowned for offering the best return on investment (ROI) for its MBA programs, candidates prefer to attend schools like IIM Ahmedabad, IIM Bangalore, and others because they offer high placement rates, a top alumni network, and brand value.
| Fee Structure | |
| FMS Delhi MBA Fees | IIM MBA Fees |
This is how much an MBA in FMS and at different IIMs costs.
| FMS Fee Structure | |
| FMS | Rs 2.32 lakh |
| IIMs Fee Structure | |||
| IIM Ahmedabad | Rs 26.50 Lakh | IIM Ranchi | Rs 17.5 Lakh |
| IIM Bangalore | Rs 26.20 Lakh | IIM Tiruchirappalli | Rs 21 Lakh |
| IIM Calcutta | Rs 27 Lakh | IIM Kashipur | Rs 17.3 Lakh |
| IIM Lucknow | Rs 20.75 Lakh | IIM Udaipur | Rs 21.23 Lakh |
| IIM Kozhikode | Rs 22.50 Lakh | IIM Nagpur | Rs 18.90 Lakh |
| IIM Indore | Rs 21.17 Lakh | IIM Visakhapatnam | Rs 17.92 Lakh |
| IIM Shillong | Rs 26.18 Lakh | IIM Amritsar | Rs 21 Lakh |
| IIM Rohtak | Rs 17.90 Lakh | IIM Bodh Gaya | Rs 19.52 Lakh |
| IIM Raipur | Rs 18 Lakh | IIM Sambalpur | Rs 21.01 Lakh |
| IIM Jammu | Rs 20.73 Lakh | IIM Sirmaur | Rs. 17.50 Lakhs |
| IIM Mumbai | Rs 21 Lakh | ||
Placements in FMS versus IIM
One of the most important considerations for applicants to MBA programs is placement. Students can find excellent placement opportunities at both institutes. These are some FMS and IIM placement statistics.
| Particulars | FMS | Top – IIMs |
| Batch Size | 251 | 500+ |
| Placement Rate | 100% | 100% |
| Average Package | Rs 34.1 LPA | Rs 25-35 LPA (Top IIMs) |
| Highest Package | Rs 58 LPA | Rs 1 CPA+ |
| Number of Recruiters | 100+ | 170+ |
| Top Recruiters | Accenture Strategy, Adani, Bain & Co., BCG, Amazon, Asian Paints, HUL, ITC, Dabur | JP Morgan Chase, Deloitte, Morgan Stanley, Walmart, E&Y, Barclays, Accenture |
Cutoffs for FMS vs. IIM
One of the most important criteria for choosing a better college is the CAT Cutoffs. FMS Delhi and IIMs are being compared. Depending on the IIM, different cutoffs apply. Cutoffs for new and baby IIMs are typically lower than those for older IIMs. The table below shows the cutoffs for both FMS and IIMs:
| College | Cutoffs |
| FMS Delhi | 99.5+ |
| IIMs | 95-99+ |
FMS vs. IIM: Final Analysis
The ideal universities for a management education center in India are FMS and IIMs. Although FMS is praised for its inexpensive costs and excellent return on investment, making it a fantastic choice for students looking for a high-quality education at a reasonable price. However, the IIMs are frequently regarded as the best in India for management education because of their prestigious reputation, wide-ranging alumni networks, and cutting-edge facilities.