Is it wise to choose FMS Delhi over IIM Calcutta if I wish to pursue entrepreneurship after graduation?

Both IIM Calcutta and FMS Delhi are reputed for management studies. IIM Calcutta is ranked 3rd among the management institutes of India, whereas FMS Delhi is ranked 35th by NIRF.

For pursuing entrepreneurship, the comparison between these two institutes can be viewed from two different perspectives. The MBA course fee at FMS Delhi is approximately 10,480/- per year. For IIM Calcutta the first-year course fee for MBA is 27 lakhs. That’s why FMS can be a better option than IIMC as FMS Delhi is one of the most affordable business schools in the country and no loan post one’s MBA might be useful in case one wishes to bootstrap and/or start their venture right after completing the MBA degree.

Furthermore, the academic curriculum in FMS is quite relaxed which might actually give the students pursuing an MBA a lot of time to explore ventures like market research or working on a pilot or finding partners if required.

However, the biggest perk that IIMC offers is the brand name. If two students have the same rank at both institutes, then the student of IIMC will certainly be preferred over the one of FMS. For employability, IIM Calcutta is ranked among the topmost.

Furthermore, the peer group offered by both the colleges is intellectually sound. And if you want to take forward a business idea to convert it into a business or a start-up venture, you will be able to find like-minded individuals pretty easily. Adding to this, both of these institutes have their own functioning entrepreneurship cells that guide students regarding the various aspects of starting up. Adding to that, you will get to meet a lot of alumni who started up on their own which apart from motivating you, can even be helpful in taking advice based on practical experience.

Both these institutes are great options for pursuing an MBA, so choose according to your convenience.