FMS Delhi — Faculty of Management Studies 2026
India's best MBA value: ₹55,000 total fees, ₹32 LPA average placement, CAT 99+ percentile cutoff. FMS Delhi is ranked #13 nationally (NIRF) and consistently places in India's top MBA colleges for ROI.
What is FMS Delhi?
FMS Delhi (Faculty of Management Studies) is a premier business school within the University of Delhi, established in 1954. It offers a 2-year MBA programme with just 222 seats at ₹55,000 total fees — making it India's most affordable top-10 MBA. FMS Delhi requires CAT 99+ percentile for admission and delivers ₹32 LPA average placement with recruiters including Goldman Sachs, McKinsey, BCG, HUL, and Google.
FMS Delhi CAT Cutoff 2026 — Category-wise
| Category | Shortlist Cutoff | Typical Admit Cutoff | Seats |
|---|---|---|---|
| General / UR | 99+ %ile | 99.5+ %ile | ~111 |
| OBC-NCL | 97+ %ile | 98+ %ile | ~60 |
| SC | 90+ %ile | 93+ %ile | ~33 |
| ST | 85+ %ile | 87+ %ile | ~17 |
| EWS | 97+ %ile | 98+ %ile | ~22 |
| PWD | 85+ %ile | 86+ %ile | ~6 |
* 2026 estimates based on 2021–2025 trends. Actual cutoffs declared after CAT 2025 results (January 2026).
FMS Delhi MBA Fees 2026 — Complete Breakdown
Programme Fees (2 years)
Living Expenses (Optional)
FMS Delhi Placement 2024 — Sector-wise
| Sector | Avg Package Range | Top Recruiters |
|---|---|---|
| Consulting | ₹28–45 LPA | McKinsey, BCG, Bain, EY-Parthenon |
| Finance / IB | ₹25–50 LPA | Goldman Sachs, JP Morgan, Deutsche, HSBC |
| FMCG & Retail | ₹18–32 LPA | HUL, ITC, Nestle, P&G, Marico |
| Tech / Product | ₹20–40 LPA | Google, Microsoft, Amazon, Flipkart |
| General Mgmt | ₹15–28 LPA | Reliance, Tata, Mahindra, L&T |
FMS Delhi MBA Admission Process 2026
Appear for CAT 2025
Register at iimcat.ac.in (August 2025). Exam in November 2025. Target 99+ percentile overall. Strong performance in Verbal Ability & Reading Comprehension (VARC) is critical at FMS — the composite score weights VA heavily. FMS does not use sectional cutoffs like IIMs.
Apply to FMS Delhi
FMS Delhi applications open at admission.uod.ac.in in January 2026 (after CAT results). Application fee: ₹2,000 for General/OBC, ₹1,000 for SC/ST. Fill academic details carefully — 10th, 12th, and graduation marks all count in the composite score formula.
Shortlisting by Composite Score
FMS shortlists ~1,500 candidates for GD-PI using: CAT score (55% weight) + Class 10 (10%) + Class 12 (10%) + Graduation (25%). Work experience adds points but is NOT mandatory — fresher students with strong academics regularly make the shortlist.
Group Discussion (GD) + Personal Interview (PI)
GD-PI held at FMS Delhi campus (North Delhi, University Enclave) in February–March 2026. GD topics are typically current affairs, business cases, or abstract topics. PI is 15–20 minutes: current affairs, subject expertise, career goals, stress questions. Former GD topics: 'India's startup ecosystem post-2025', 'CAT should test soft skills'.
Final Merit List & Joining
Final FMS merit list released in April 2026. Wait-list movement is significant — 2025 wait-list moved 80+ positions in General category. Accept offer within 10 days. FMS classes begin July 2026. On-campus hostel allocation by lottery — apply early.
FMS Delhi FAQ 2026
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What is the FMS Delhi placement average 2024?›
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