IIM vs FMS - Which is better?

IIM vs FMS Delhi are both premier Indian B-schools, however, there is a slight difference between their fee and placements. The average fee of FMS Delhi is INR 2.32 lakhs while the average CTC offered is INR 34 LPA. Whereas, for IIMs, the average fee is INR 13 lakhs to INR 30 lakhs, and the average CTC is INR 33 LPA to INR 35 LPA.

IIM stands for Indian Institute of Management while FMS stands for Faculty of Management Studies. The major difference between these two management schools is their brand value amongst recruiters and students. IIM offers a 2-year MBA and other certification courses, whereas FMS offers both 1-year Executive MBA and 2-years full-time MBA programs. The detailed different, pros and cons of pursuing the course have been shared below for the candidates ease.

IIM vs FMS Delhi Difference

Students need to be aware of the crucial differences between IIM and FMS to comprehend the significant hype surrounding these two top universities in the country.

IIM Course Details

The Indian Institutes of Management are public business schools for management that the central government owns. They provide additional business administration courses in addition to undergraduate, postgraduate, PhD, and executive programs.

The management course covers coordinating several organisational divisions (such as human resources, finance, marketing, and information resources) to accomplish an organisation's goals and efficiently run the firm. The college offers even more courses, including Business Analytics, Executive Management, Leadership Programs, PGP, and others.

Also Check: Why MBA from IIM is so special?

FMS Course Details

The Red Building of Dreams, also known as the Faculty of Management Studies of the University of Delhi (FMS Delhi), is a prestigious business institution in New Delhi, India.

One of the top business schools in India, it was founded in 1954 and is housed within the University of Delhi. National Assessment and Accreditation Council have given FMS Delhi comprehensive accreditation (NAAC). It offers classes in various fields, including operations research, law, economics, and sociology.

Additionally, FMS Delhi offers a part-time MBA program. It is a member of the big Association of Management Development Institutions in South Asia and is associated with the University of Delhi (AMDISA).

Also Check: IIM or ISB

IIM vs FMS Fee Structure 2026

The fee structure for IIM and FMS is mentioned for each location. The students can make a note of it to know whether they can afford to get an education in any one of these top institutions. 

IIM Fee Structure

Below is the list of IIT colleges in India along with their fee structure is mentioned below in the table.

FMS Fee Structure

Below is the list of courses offered by ISB in India along with their fee structure is mentioned below in the table.

Also Check: XLRI vs. FMS

IIM vs FMS Cutoff Marks

The students will have to know the cutoff to prepare for their entrance exams accordingly to get into their dream institution. 

IIM Cutoff

The students will have to learn about the cutoffs for all IIMs to aim and prepare for their CAT scores accordingly. 

Also Check: IIM Admission Criteria

FMS Cutoff

The students will have to know the cutoff of FMS to get into the institution without any hassle. 

Also Check: IIM or ISB

IIM vs FMS Admission Process

Below are the admission guidelines mentioned for the candidate planning to get admission into IIM and FMS for their management courses in various fields. Candidates must adhere to these eligibility criteria before appearing for these courses. 

Admission Process for IIM

An established protocol governs the IIM admission. For admission to IIMs, aspirant applicants must first register for the CAT exam. However, the steps are listed below:

• Shortlisting Candidates determined by CAT results: Candidates are contacted by the IIMs for admission once they have passed the CAT exam and have a valid CAT score.
  Each IIM will announce its admission requirements and cutoff via an official announcement posted on its website.
• Eligible candidates may move on to the admissions rounds after that.
• The GD-PI is called for candidates. Based on WAT: The candidate's CAT scores are thoroughly assessed at this level. Only those applicants who met the applied IIM's cutoff are summoned for group discussion and personal interviews.
• Final decision-making and calculation of composite score: In this final step, the composite scores are computed based on particular criteria, such as marks obtained in classes 10 and 12,
  graduation rates, performance in personal interviews, academic and gender diversity, and job experience.

Admission Process for FMS

The admission procedure for candidates planning to get admission to FMS is given below.

• For admission to FMS Delhi, all shortlisted applicants must take part in the final selection stage.
• Depending on the pandemic scenario, the final selection round for FMS admission 2023 may be held in person or online.
• Discussion of the Statement of Purpose, a personal interview, and an impromptu speech are among the selection criteria for FMS Delhi.
• The physical mode offline PI-Extempore round is conducted.
• Following the final admission phase, the merit list is based on the CAT 2022 score, SoP Discussion/GD performance, PI, Extempore, and Academic profile.

Also Check: IIM Vs IIT

IIM vs FMS Eligibility Criteria

Below are the eligibility criteria mentioned for the candidates planning to get admission into IIMs and FMS. Candidates must check the eligibility criteria before appearing for the entrance exam to get admission into these top institutes. 

Eligibility Criteria for IIM

Below are the eligibility criteria mentioned for the candidates planning an MBA in IIMs.

• The minimum graduation requirement for admission to an IIM is 50% overall or an equivalent CGPA (45% for SC, ST, and PWD/DA categories).
• Candidates taking the bachelor's degree/equivalent qualification exam in their final year or awaiting their results may also apply.
• The candidates must satisfy the IIM shortlist/qualifying cut-off to be called for an IIM interview.
• The minimal IIM call cut-off must be met for candidates to be eligible for interview calls and to participate in WAT/GD-PI.

Also Check: How to Get into an IIM in 2026?

Eligibility Criteria for FMS

Below are the eligibility criteria mentioned for the candidates planning an MBA in FMS.

• The candidate must possess a bachelor's degree with a minimum of three years of study after graduating from high school and at least 50% overall or an equivalent grade point average (in the case of candidates from SC or ST, only passing grades are required). 
• Candidates from the OBC/PwD and CW categories must have 45% in their graduation class.
• To qualify for the next round of shortlisting, an applicant must take the CAT exam and get the minimum required sectional and total percentile scores.
• Candidates who have completed the criteria for a bachelor's degree or an equivalent certificate and were awaiting results were also eligible to apply for FMS Delhi MBA Admission.

Also Check: Top 10 MBA Skills to Boost Your Career in 2026

IIM vs FMS Placements Statistics

When salary or packages are evaluated, career opportunities and development at IIM and FMS are comparable. It depends on the profile, sector, educational background, and goals of the applicant.

Read More:

• IIM Placements
• MBA Placements