Everyone looks at IIM-Ahmedabad, Bangalore, and Calcutta through CAT and XLRI through XAT. The IIMs have mastered the art of marketing through alumni networks, events, and branding. As a result, they are able to attract the best faculty, students, and recruiters. The respectable cycle will be broken if they fail in one aspect.
FMS is under the supervision of DU. It has a set budget, a limited number of seats, and consistent recruiters. The cycle is well established; there is no need to change the current situation.
IIMs and XLRI are the only institutions that hold separate exams and require entrance exams. Many advertisements for these entrances can be found in newspapers, blogs, and magazines. FMS, on the other hand, avoids such activities. FMS offers similar opportunities in terms of exposure, placements, knowledge, a strong alumni base, and so on.
Having friends studying in these institutes. My friends and I can assure you that IIMs and XLRI are popular when compared to FMS Delhi. The reasons may vary from person to person. But there are 2 major reasons that everybody agrees with.
Media presence and publicity:
Frame of reference:
FMS is one of the best B-Schools in India which you can attend. Lack of public recognition doesn't create a big difference in its path to reach the summit. You can easily choose to study at FMS, which will promise a good enough career.