FMS Delhi Admission 2023: Shortlist Soon: High RoI B-School Modifies Selection Criteria; Check Key Changes, Cut off, Fee, Placement; Application closed

FMS Delhi has closed the application last date for MBA admission 2023 on January 29, 2023 and will release the shortlist for final selection round soon. FMS Delhi is one of the highest RoI and CAT score accepting top MBA colleges in India. FMS has announced many changes in the MBA admission 2023 in the post Covid scenario. Around 2000 candidates who have taken CAT 2022 will be shortlisted by FMS Delhi for final selection round.

FMS had opened its application process for MBA admission 2023 on December 30, 2022.

And will accept CAT 2022 score for admission 2023 in its MBA (Full-Time), MBA Executive and MBA Executive (Health Care Administration) Programme (2023-25). Those who have not appeared in CAT 2022 will not be considered for FMS Admission 2023

Read below all about the key USPs of FMS Delhi, key changes in FMS admission process 2023, cut offs, programs offered, Fees, Placements and more

Table of Contents

1. FMS Delhi Highlights and USPs
2. FMS Delhi MBA Admission 2023: Key Changes in Selection Process
3. FMS Delhi MBA Programmes Offered
4. FMS Delhi MBA Fees 2023-25: Fee Increased – Check Key Trends
5. FMS MBA Intake 2023-25
6. FMS Delhi Placements 2022
7. FMS Delhi Admission Eligibility criteria 2023
8. FMS Delhi Admission Application Process 2023: How to Apply?
9. FMS Delhi Admission Criteria 2023: Exam Accepted, Final Selection Process
10. FMS Delhi Cut offs
11. FMS Delhi MBA Admission 2023: Important dates
12. FMS Admission 2023: Step by Step Process
13. FMS Delhi MBA Admission: Previous Trends
14. FMS Delhi MBA Admission 2024

1. FMS Delhi: Key Highlights and USPs

1.1 High RoI MBA College: MBA programme at FMS Delhi is offered at low fee but the placements at FMS are at par or even surpass the packages that students of top three IIMs get at campus placements. The RoI is so high that while the FMS MBA fee is lower than a normal school fee, the facilities, learning experience and industry readiness which the FMS students get, commensurate with global standards. This is the reason, many candidates who are offered admission by IIMs, choose FMS Delhi MBA programme as their preferred choice. 

1.2 Top Ranked: Faculty of Management Studies (FMS) is an integral part of University of Delhi (DU) which is ranked # 13 among top 200 universities in GoI MHRD NIRF Rankings 2022. In MBAUniverse.com B-School Rankings 2021, FMS Delhi was placed #10 among top B-schools in India

1.3 Low Fee MBA College: FMS Delhi Fees is Rs.1.92 lakhs for 2 years MBA program. This fees is much lower than the fees charged by many good B-schools

1.4 High Placements 2022: FMS Delhi has 100% Placement record with high salary packages. FMS Placements 2022  have registered highest salary of Rs.58 LPA and Average salary of Rs.32.4 LPA.

1.5 Large Alumni Base Working at Top Positions: With a legacy of 60 years, FMS has a large alumni base and its alumni are working at top positions including CXOs, MDs, Directors, Presidents, VPs, highly successful Entrepreneurs among others.    

2. FMS Delhi Admission 2023: Key Changes in Selection Process
Following changes are introduced in FMS Delhi MBA admission criteria and final selection process for 2023-25 batch

• Will not conduct Group Discussion (GD) Round
• New Component ‘Discussion on Statement of Purpose’ is introduced in final selection
• Extempore to be conducted during Personal Interview on the same day
• Maximum weightage is awarded to CAT score and Personal Interview (PI)
• MBA Seats increased to 299 including supernumerary seats
• MBA (Full Time) Programme Fee Increased to Rs.2.00 Lakhs from Rs.25,000/-
• FMS Delhi will shortlist the candidates by awarding varying weightage of 30%, 30% and 40% to QA, DILR and VARC section scores respectively in CAT 2022 Exam
• 5 Additional marks are added to the Composite Score in case of women candidates for the purpose of shortlisting

3. FMS Delhi MBA Programmes Offered
FMS conducts following Management Programmes

• 2 Years full time MBA Programme
• MBA Executive Programme
• Executive (Health Care Administration) Programme
• Doctoral Programme

A separate Information Bulletin is released for the candidates applying for MBA Executive and MBA Executive (Healthcare administration) Programmes 

4. FMS Delhi MBA Fees 2023-25: Fee Increased – Check Key Trends
FMS Delhi MBA Fees is substantially increased. Now the FMS Delhi MBA Fees for its 2 years full time course has gone up to Rs.48,000/- per semester (Rs.1.92 lakhs for 2 years) from Rs.25,000/- for two years earlier. For MBA 2023-25 batch, FMS Fees is likely to be increased further as per the following announcement of FMS Delhi, “The semester fee is currently approximately Rs.50,000 for MBA programme, per each semester. Please note that the fees for the various programmes and reservation categories can be revised at any time before the commencement of or during the duration of the programmes, as per instructions from the University of Delhi.” 

The fee is payable at the beginning of the academic year. Students from PWD category shall be exempted from payment of all fees except Admission fee and Identity Card fee. After many years of keeping its MBA fee at Rs.20,000 to 25,000 for the complete MBA programme, FMS Delhi MBA fees is now increased to Rs. 1.92 lakhs.

Besides this fee, the students have created a registered body, i.e. Management Science Association (MSA), comprising of various societies, which charges membership fee for carrying out student activities. The fee for them is decided by the students from time to time.

Accordingly, the other fee components in FMS Delhi MBA programme are higher than tuition/academic or other fee. The complete fee structure at FMS Delhi is as below:  

4.1 FMS MBA Fee Per Semester: All Components
FMS Delhi will charge approximately Rs.50,000 per semester. Below is shared the last year  FMS Fees for MBA full time programme. The fees for MBA 2023-25 batch can be revised at any time before the commencement of or during the duration of the program, as per instructions from the University of Delhi

Source: FMS Delhi Fee Notice No.FMS/573 dated 03/05/2019

5. FMS MBA 2023-25 Intake: 299 Total Seats including Supernumerary
Category wise intake for MBA admission 2023 is as under:

6. FMS Delhi Placements 2022
FMS Delhi Placement 2022 concluded with with highest ever average salary which has gone up by 24% at Rs.32.4 LPA from Rs.26.2 LPA last year while median salary has gone up by 25% at Rs.30 LPA. All the participating 257 students got lucrative Placement offers from marquee companies including Accenture, Amazon, Bain & Co, BCG, ITC, Kearney, Microsoft, Standard Chartered among others. In spite of the placements conducted virtually, FMS Delhi maintained the gold standard of achieving 100% placements for the biggest ever batch size.

6.1 FMS Delhi Placement 2022: Key Highlights

• 100% placement despite Covid-19 pandemic situation
• Final Placement 2022 was conducted virtually both for students and recruiters
• Average Salary goes up all time high by 24% at Rs.32.4 LPA in Placement 2022 from Rs. Rs.26.20 LPA last year
• Overall Median Salary increased by 25% at Rs.30 LPA from Rs.24 LPA last year
• Average Salary for the top 25% of the batch stood at 48.4 LPA
• Average Salary for the top 50% of the batch stood at Rs.40.78 LPA
• Highest Salary stood at Rs.58 LPA
• 95% of the offers made were above 20 LPA
• 24% rise in the number of offers made in the BFSI sector.
• 257 Students out of 269 participated in Placement process 2022 
• 12 Students opted for Placement Holiday to pursue Entrepreneurship
• 28 new recruiters including Adani, Aon, Crisil, Deloitte, KPMG, Nomura, PwC participated in Placement 2022 and made large number of offers
• Top recruiters include Accenture, Amazon, Bain & Co, BCG, ITC, Kearney, Microsoft, Standard Chartered, KPMG, EY, Axis Bank, Bharti Enterprises, Citibank, Crisil among others Read More

7. FMS Delhi Admission Eligibility criteria 2023
Following are the salient points that determine FMS Delhi admission eligibility criteria

1. The candidate must hold a bachelor's degree of minimum 3 years duration after class 12, with at least 50% marks or equivalent CGPA (in case of the candidate belonging to SC/ST only passing marks are required. In case of OBC/PwD and CW category candidates, 45% marks at graduation are required).
2. Applicant must appear in CAT 2022 exam and must score minimum prescribed sectional and overall percentile to become eligible for next stage of shortlisting
3. A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results were also eligible to apply for FMS Delhi MBA Admission 2023 for MBA 2023-25 batch.

8. FMS Delhi Admission Application Process 2023: How to Apply?
To apply for MBA admission at FMS Delhi, you should register and fill the online application form at FMS website. The application form should be submitted online alongwith the payment of Rs.1000/- application fee (For SC/ST/PWD Application fee is Rs.350/-)

Please keep ready all your documents like Mark Sheets from class X onwards; category certificate, if any, scanned photograph & signature of required size to upload on the FMS Admission application form. 

8.1 Online Payment through Internet Payment Gateway

While filling in, your application form, you will be directed to the Internet Payment Gateway of the Bank as mentioned in FMS website. Confirm payment through credit card/ debit card or other payment channels.  After successful online payment, you will be directed back to the FMS Website. A confirmation of registration will follow.

9. FMS Delhi Admission Criteria 2023: Exam Accepted, Final selection Process
FMS Delhi admission criteria is based on entrance exam score, shortlisting criteria and final selection criteria with many changes introduced this year in award of weightages for admission 2023.

9.1 Acceptable Entrance Exam: CAT 2022

• FMS Delhi will consider only CAT 2022 score for shortlisting and has awarded varying weightage parameters to sectional percentile in CAT 2022 to shortlist the candidates for final selection round
• Applicants who have not taken CAT 2022 will not be considered for admission

9.2 FMS Delhi Shortlisting Criteria
FMS Delhi shortlisting criteria for final selection round aims to encourage diversity of Gender and Academic Disciplines. For the purpose of shortlisting candidates for Interview Process different weightages are assigned to the scores of different sections of the CAT 2022.

FMS Delhi will shortlist the candidates on the basis of sectional and overall CAT 2022 score, gender diversity and other criteria as under:

• The shortlisting for final selection round in FMS Admission Criteria awards 100% weight to CAT 2022 score
• In the shortlisting criteria, the candidate is awarded weightage to sectional percentile scores in CAT 2022.  Score in Quantitative Ability (QA) section is awarded 30% weight; the Data Interpretation & Logical Reasoning (DILR) section also carries a weight of 30% while the Verbal Ability and Reading Comprehension (VARC) section carries highest weightage of 40%.
• An additional 5 marks are added to the Weighted score in case of women candidates for the purpose of shortlisting.
• This composite score is used only for shortlisting the candidates for Interview Process.
• All the Candidates shortlisted for final selection round have to attend GD-PI & Extempore, failing which they will be not be considered for the final admission

9.3 Final Admission Selection Round Criteria: In April 2023, Second Week

• All the shortlisted candidates must participate in Final selection round for admission to FMS Delhi
• PI Round for FMS admission 2023 may be held in physical or online mode depending upon the pandemic situation
• FMS Delhi selection criteria include Discussion on Statement of Purpose, Personal Interview and Extempore speech.
• The PI-Extempore round is held offline in physical mode
• The Merit list after final admission round is based on CAT 2022 score, performance in SoP Discussion/GD, PI, Extempore, Academic profile.

9.4 FMS Delhi Admission Weightages 2023 in Final Selection
FMS Delhi Admission Weightages  in Final selection are based on following components in generation of final merit list:

• An additional 5 marks shall be awarded to the women candidates who appear for the interview while drawing the list of selected candidates
• Final Merit List of selected candidates would be released by FMS Delhi immediately after the last day of final selection round is over for all the candidates
• The candidates will be required to produce their original certificates and mark sheets at the time of the interview  
• Applicants who have not taken CAT 2022 will not be considered for admission.

9.5 No Group Discussion in PI Round of FMS Admission 2023
In its admission policy 2023, FMS Delhi has replaced GD round by Discussion on Statement of Purpose (SoP). Earlier it used to award a weightage of 10% to performance in Group Discussion (GD). While GD was conducted before PI, the Extempore with a duration of 2-3 minutes is conducted during the Personal Interview. For the MBA admission 2023, weightage to GD is  dropped and PI round consists of SoP and Extempore apart from Personal Interview.

FMS Delhi will consider only CAT 2022 score for shortlisting and will award varying weightage parameters to sectional percentile in CAT 2022 to shortlist the candidates for final selection round. 

10. FMS Delhi Cut offs
FMS Delhi cut offs are based on various parameters. However, broadly FMS cut offs for General Category are around CAT 98 %ile. Since it uses varying weightages of 40% for VARC section and 30% weightage for DILR and QA sections each, those who score high overall percentile in CAT but low percentile in VARC section, may not be shortlisted while those score comparatively low overall percentile, but high percentile in VARC section may be preferred in shortlisting. Accordingly the FMS Cut off 2023 may not be uniform for all the shortlisted candidates. FMS will award following weightage to CAT 2022 scores in shortlisting the candidates for PI stage on the basis of CAT 2022 scores. The weightage to the scores of three sections in CAT 2022 are as under:

Additional 5 Marks to Women Candidates
For candidates who have applied to FMS, an additional 5 marks are added to the Composite Score so computed in case of women candidates for the purpose of shortlisting.

2700+ candidates to be shortlisted
FMS Delhi shortlists 10 times of candidates than the approved intake. The shortlist by FMS Delhi for SoP-PI-Extempore will comprise around 2700 to 2750 candidates in different categories as under.                                                                                             

11. FMS Delhi MBA Admission 2023: Important dates
Below are the key dates for FMS Delhi Admission process 2023

12. FMS Admission 2023: Step by Step Process
Following 4 steps are included in the FMS Delhi Admission process:

• Step 1: The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT 2022 to be considered for first stage shortlisting process for admission at FMS Delhi. Candidates are short-listed for PI round from among the candidates who have a valid CAT-2022 score, who have applied to the programme and who satisfy the eligibility criteria for the programme of FMS Delhi.  
• Step 2: Shortlisted Candidates have to attend PI and extempore round in final selection process in April 2023. FMS Delhi also expects a consistent and minimum performance in the different parameters of PI round.
• Step 3: After the PI round, admission offers are made by FMS Delhi to successful candidates. The final selection is based on performance in CAT, performance in PI round, academics among others. Category wise merit list will be generated based on Final Score
• Step 4: Final Admission Offer will be made to the candidates in April/May 2023 on the basis of composite Score arrived after awarding the weightage scores on all the components.

13. FMS Delhi Admission: Previous Trends
Faculty of Management Studies (FMS) Delhi conducted physical Personal Interview (PI) round with all components of final selection process and awarded varying weightages to different components. The PI round at FMS began on April 18, 2022 and was over on April 23, 2022 for all the 1980 shortlisted candidates for MBA admission 2022. FMS has the reputation to declare final merit list for MBA admission on the last day or next day of PI round. For MBA Admission 2022 too, the final result was released on April 24, 2022 immediately after completion of PI round on April 23. FMS released 10 lists of selected candidates from the waiting list as many students in the first list did not accept the admission offer and did not pay admission fee of Rs.48,000.

289 candidates Selected
Category wise list of candidates selected for MBA admission 2022 was as under:

Every year, more than 25,000 students apply for FMS Delhi Admission for fewer than 300 seats. 

FMS Delhi MBA: Flagship Programme
The 2 years full time residential MBA programme at FMS Delhi is the flagship management course of the Faculty of Management, University of Delhi. The MBA degree after completion of the course is awarded by Delhi University.

14. FMS Delhi Admission 2024
There are many young students who wish to appear in CAT and apply for FMS Delhi MBA admission 2024. For last 3-4 years FMS Has not much changed its admission criteria. It is expected that FMS Delhi Admission 2024 criteria will remain same as is now. The FMS MBA aspirants, need to begin CAT preparation now and by the time they become eligible to appear in CAT 2023, they would have completed a large part of their CAT exam preparation which will help to score high in the exam and improve chances for FMS Delhi admission 2024.   

FMS Delhi has technology resources and facilities in both its North and South Campuses. Both the campuses of FMS are fully Wi-Fi enabled where students can access Live Databases, Online Journals and the World Wide Web. FMS has a dedicated computer centre for students where they can access online journals, keep themselves updated with day to day developments and also assist themselves in studies. 

In 2012, FMS Delhi became the third campus in India to be equipped with a Bloomberg terminal.  FMS North Campus has air-conditioned library housing over 40,000 Books and Journals (including 60 foreign Journals). Learners also have access to the Delhi University Library System which has a collection of over 600,000 books (through Online Public Access Catalogue) and over 8,000 Journals (including Online Journals).

Established in 1954, FMS over the past 65 years has helped shape diverse personalities and unique talents in order to imbibe the spirit of achieving excellence. The intellectual rigor and exposure that FMS students receive unifies academics with leadership skills, provides practical experience and training. At FMS, one has the liberty to initiate new activities and the collaborative spirit of students makes it possible for numerous such efforts to bear fruits every year.

Stay tuned to MBAUniverse.com for more updates on FMS Delhi