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How was your FMS, Delhi interview experience?
One of my friends was fortunate enough to appear for the FMS Delhi interview and shared her experience of the same.
Her profile looked like this
- Class 10:89.33% ICSE
- Class 12:89.33% ISC
- Graduation: 9 CGPA with Honors in Sociology
- CAT - 99.60
Her interview was conducted offline and she had to reach the campus early. After the documents verification procedure, she was escorted to a room with 2 female panelists, one of which asked her to introduce herself.
- She was assigned an extempore topic “City of Chaos” for which she had 15 secs to prepare and 1 minute to speak.
- Seeing that my friend was a basketball player, she was asked ‘Is there an NBA in India?’
- What is India’s ranking in world basketball?
- What have you been doing since 2021?
- She was asked about here ambition in life
- She was asked if she had any dream organization which she was eager to join and related questions.
- She was asked about her other calls
- Lastly, they enquired about her reading habits and the message those books gave her.
Luckily, she was waitlisted in 81 and converted to the 2nd Waitlist.
Does ISB have a brand value better than that of XLRI, FMS, or IIM L?
I think I am the right person to answer this question as I have worked with graduates from the aforementioned top B Schools in India and my brother was a student at ISB. With the combined experience and knowledge I have, I dare to comment that ISB is an overhyped B school in India. What makes it stand is its amazing infrastructure, founding members, and the whole Western-style education. However, if you look at its academic style, I don’t find it very appealing. It fails to prepare students well and does not meet the standards of the 4 IIMs (ABCL) and XLRI.
Placements-wise one can comment that ISB is a notch better than XLRI and FMS but it is on the same level as IIM Lucknow.
Ultimately, the brand value of a business school is a matter of personal opinion and is subjective.
How one should prepare for getting admission in FMS Delhi?
FMS Delhi is one of the Top B-Schools in India, often compared with IIM A, B & C. FMS Delhi has the best RoI, low fees of INR 2 Lakhs, and a batch size of 251 + Supernumerary Seats (for batch 2024-26).
FMS Delhi MBA Admission is based on various criteria such as CAT Scores, Academic Scores, Statement of Purpose, Extempore and Personal Interview. Getting admission to FMS Delhi is not an easy task; it is highly competitive as it's one of the top management institutes in India. Here are some tips on how to prepare for admission:
Prepare for CAT: Admission to FMS Delhi is based on CAT Scores, so you should start preparing for the CAT a year or more before the exam, which gives you enough time to cover the syllabus and practice thoroughly.
Prepare for Extempore and Personal Interview: Apart from CAT scores, FMS Delhi takes Extempore and Personal Interview into consideration. You should prepare for Extempore and PI topics and work on your Communication Skills and Confidence.
Stay Updated: Keep yourself updated with what's happening in the world, like in business, economy, and politics. As it is important for Extempore and PI rounds.
Getting into FMS Delhi requires dedication, great marks, hard work, and good communication skills.
Is it a better choice for choosing FMS Delhi over IIM A or IIM B when compared to placement salary?
There is no question at all if you are optimising for salary in the short term. On average, you would earn more at IIM Ahmedabad and Bangalore than at FMS. In the long run, it will be much more dependent on you and a little bit on the profile you want to work in. However, ceteris paribus and on average IIM Ahmedabad or IIM Bangalore will earn more or as much as an FMS grad. Choose A or B if you want to maximise your placement salary.
Whether you should optimise for placement salary is a different question, and the answer depends on what you want to do with your life.
How does the CV of students who get selected in IIMs(any), ISB, XLRI, FMS, SPJIMR, JBIMS look like?
This might seem like a shallow statement but when you look at an average student from a top-tier college and an average student from a lower-tier college the difference that you witness would not surprise you if you just look at their CVs.
It’s not as if they have done something exceptionally great but the CVs of students who get selected in top management schools like top IIMs, ISB, XLRI, FMS, SPJMR, and JBIMS are highly analytical. They know how to quantify their achievements and in the end, that’s all that matters. It’s all just numbers and data.
Typically, the students have impressive academic records and have been part of numerous non-academic avenues that have helped them in understanding the importance of extra-curriculum activities.
Some might have told you that most of the students who go to these top colleges have work experience but that is not true. You do not require work experience to get into your dream college. If you’re looking to get into one of these top management colleges and do not have an exceptional profile, just start focusing on your speed and accuracy for the written examination and polish your CV. Highlight the things that have impacted you and that you think would help you in becoming a better manager in the future.
Is it a better choice for choosing FMS, Delhi over IIM-B and IIM-C?
No, choosing FMS Delhi over IIMB or IIMC is definitely not a good decision as you will be missing out on so many opportunities. Some of them include
- Student exchange programs: The top 3 IIMS have student exchange programs wherein almost 30% of the batch spends one term at a European B School. Also, IIM Calcutta is a part of CEMS. 25 students from IIMC are offered the most coveted CEMS MiM degree.
- Placements: Without any doubt, the top IIMs have the best placement drives than any other B school in India. All the major companies like McKinsey, BCG, Bain, and AT Kearney visit the campus and hire 50+ students every year. Even if the same companies visit FMS M, the roles offered are different. Also despite being good for marketing, the biggest giants in FMCG don’t visit the campus regularly. So top jobs are offered at IIM ABC and FMS misses out on this opportunity.
- Campus Life: With no hostel facility, FMS Delhi has non-existent campus life. Meanwhile, all the other IIMs have beautiful campuses, excellent infrastructure, and hostel facilities.
- Brand name: Without any doubt, IIMs have a bigger brand name than FMS.
- ROI: ROI or Return on Investment is higher for IIMs than FMS in the long run. Although due to the payment of loans initially, ROI will seem less than FMS(low fees), that’s not the case. IIMs provide better opportunities, global recognition, and an alumni base that add to the ROI value.
You won’t lose anything from joining IIMS over FMS.
Is NITIE the same level in terms of placement like FMS?
Here is the comparison between the latest placement statistics of NITIE and FMS.
|
Particulars |
NITIE |
FMS |
|
Highest CTC |
INR 78.20 LPA |
INR 1.23 CPA |
|
Average CTC |
INR 25.27 LPA |
INR 34.1 LPA |
|
Top Recruiters |
Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited(2022) |
Accenture Strategy, Airtel, Amazon American Express, Bain & Co, BCG, etc |
Both FMS and NITIE give an edge to each other in terms of placements with FMS having a slight advantage over FMS.
Which is better: the IIMA or the FMS?
Rather than asking which is better IIMA or FMS you should be asking what is better for you.
My friend is an IIM Ahmedabad pass out. She had got offers from IIM Calcutta, Lucknow, and FMS as well. Yet she chose IIMA because it was her dream college. One year into IIMA she realized some major shortcomings.
- The case pedagogy here is overhyped and not at par with global B Schools.
- The professors don’t teach you much, but rather keep you busy through assignments and quizzes.
- No practical learning of concepts as the curriculum was very obsolete in today’s world of business.
The only significant feature here is its excellent placement. This is also the reason why it attracts so much crowd. But this fantasy is also short-lived. As soon as you land a job, you have to start paying back the excessive loan for years. For instance, you land a package with CTC 20 LPA. The in-hand salary would be around 1 lakh and the EMI standing at the end of every month would be 50000. After reducing EMI and personal expenses you get little for yourself for several years despite your hard work. Despite graduating you will be stuck in the same life for years.
Now considering FMS it has the following merits that make it a tad bit better than IIM Ahmedabad
- Very low fees in comparison to IIM Ahmedabad
- Since you don’t have to take a loan you feel a sense of freedom to take up the course of your choice.
Your batchmates from FMS will be enjoying life, and fulfilling their dreams and you will be still stuck in the same circle of paying back loans. So the brand value is just not enough. I don’t think spending 20 lakhs on any Indian B School is worth it.
What is it like being in FMS Delhi?
Being in FMS Delhi is fun, tiring, exhausting, and thrilling all at once. The baggage of memories and emotions you will carry from here is huge. It will be a rollercoaster ride with many ups and downs.
- You will feel extremely intimidated by the exceptionally talented crowd despite your work experience and 100 percentile in CAT.
- The initial year is very exhausting as you have to work on your academics as well as presentations on complex subjects in Finance, strategy, capital markets, marketing, supply chain, HR & IT. If this is not enough you will also have to prepare for the summer placements alongside.
- Your expectations will face a terrible downfall here as you won’t be able to be at par with the curriculum like you thought you would.
- You will face tough competition while you are struggling with your mediocre academic performance. Your peers will be taking part in internships, National level case competitions, making amazing presentations, and getting scholarships while you are still struggling to adapt to the rigor.
- Seeing others that are better and way ahead of you will rob you of your feeling of entitlement and humble you at once. You will stop taking things for granted and start making the most out of your 2 years.
- You will receive help from faculty and seniors when you are in dire need of assistance. FMS faculty is very cooperative and friendly.
Lastly, you will have a lot of memories and nostalgia to carry with you throughout the rest of your life.
What is the minimum percentile required to get a call from FMS, Delhi?
FMS Delhi registration will start soon and will continue till the second week of December 2022. As per the FMS Delhi 2023 admission, candidates will be shortlisted on the basis of scores obtained in CAT 2022. The CAT score required for getting a call from FMS Delhi is mostly 99 percentile. After this shortlisted candidates will have to appear for GD-PI and extempore.
If you are a GEM (General Engineer Male) you will have to face the maximum hurdles. You will need a minimum of 99.3+ percentile along with 95+ percentile in the VARC section.
If you are a GEF(General Engineer Female) then you will get an additional 3% once you are through the interview round.
But the overall target to get a call remains the same for everyone i.e.99+ percentile.
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