FMS Delhi MBA Admission 2027: CAT Cutoff, Fees, Placements
📌 Related pillar guides: MBA Admission Guide · CAT 2026 B-Schools · Management Quota Fees
Faculty of Management Studies, University of Delhi — a ₹2.43 lakh total programme fee (2026-28 batch) against ₹27.5 lakh at IIM Ahmedabad and ₹26.3 lakh at IIM Bangalore, 99+ CAT percentile benchmark, average placement ₹32.27 LPA (2024-26).
🔍 How we source the numbers on this page. Every fee, cutoff and placement figure below is taken from a named primary document — the FMS Information Bulletin for MBA Full-Time 2026-2028 (fms.edu/static/programmes/MBA_2026.pdf), the Fees tab of the FMS MBA (Full Time) programme page, and the FMS Delhi Final Placement Report (Batch of 2024-26). Where a figure could not be traced to one of these, it is marked “Not listed” rather than estimated. Aggregator estimates are never presented as official.
Evidence note. Check the admission cycle printed beside every changing figure — CAT cutoffs, fees and placement averages are reissued each year, and last year's number reads exactly like this year's. Nothing on this page should be multiplied into a projection of a future cycle's cutoff or fee. Found an error? Tell us.
📅 Published 18 April 2026 · ↻ Last Updated 28 August 2026
By Krishna Pandey, Founder & Lead Counsellor (12+ yrs incl. MBA admissions)
✔️ Reviewed for factual accuracy by Shivam Kumar, MBA Admissions Lead · Article Reviewer · Admission cycle 2027
College Overview — Faculty of Management Studies (FMS), University of Delhi
📌 In one line: the institute’s identity, government status and official application channel — there is no CAP-style counselling code for FMS.
| Institute Name | Faculty of Management Studies (FMS), University of Delhi |
|---|---|
| Also Known As | FMS · FMS Delhi · Faculty of Management Studies |
| Institute Type | Constituent college of the University of Delhi, a central-government university — a government institution, not private or deemed. The MBA it awards is a University of Delhi degree, not a PGDM. Admission is only through CAT + composite merit — no management quota, no NRI quota, no direct-admission route. NAAC: not applicable — FMS is assessed and accredited as part of the University of Delhi, not as a separately NAAC-graded institute. |
| Established | 1954 (per FMS's own institutional history, fms.edu) |
| Location | University of Delhi North Campus, Maurice Nagar Road, Delhi 110007 |
| Degree Offered | MBA (Full-Time, 2 yrs) · MBA (Executive, 2 yrs evening) · PhD (FPM) — the three programmes listed on FMS's own admissions pages at fms.edu |
| Exams Accepted | CAT for Indian nationals — and the CAT score is re-weighted VARC 40% / DILR 30% / QA 30% before it is used. Foreign nationals apply to the same full-time MBA with GMAT 650 or GRE 120 through fsr.du.ac.in, against 25 supernumerary seats |
| Institute Code | Not applicable. Unlike MHT-CET/COMEDK engineering CAP, FMS MBA admission has no centralised counselling code — apply directly on www.fms.edu during the notified application window — the bulletin names the FMS website as the only registration route, and the fee is paid through the University of Delhi portal at fee.du.ac.in. Be careful here: several aggregators quote fmsduadmissions.in as the FMS application site. It is not: as of 28 August 2026 that domain redirects to an error page carrying another board’s branding, fms.edu links it from nowhere, and the official bulletin never mentions it. Register only on www.fms.edu and pay only through fee.du.ac.in. |
| Official Website | fms.edu — registration and admission notices · fee.du.ac.in — University of Delhi fee payment |
The official seat matrix — 251 sanctioned, 63 supernumerary
In one line: FMS publishes a full category-wise seat table, and the total it adds up to is 251, not the batch headcount you see quoted elsewhere.
- Nothing for 2027-29 is published yet. As of 28 August 2026, FMS has released no 2027-29 bulletin, no dates and no criteria — anyone quoting 2027 cut-offs or deadlines today is guessing. This is normal timing, not a warning sign: CAT 2026 itself is only at registration stage, with the exam on 29 November 2026, and FMS opens its window after the CAT.
- The figures on this page therefore come from the 2026-28 cycle documents, which are the latest official ones. They are the right planning basis; they are not a promise about 2027.
- Watch www.fms.edu for the 2027-29 bulletin. In the 2026-28 cycle the last date of admission and of withdrawal was 31 August 2026.
| Sanctioned seats | Count | Supernumerary seats | Count |
|---|---|---|---|
| Unreserved / General | 101 | Person with Disability (PWD) | 12 |
| Other Backward Class (OBC) | 69 | Children and Widows (CW) | 12 |
| Scheduled Castes (SC) | 37 | Foreign Students | 25 |
| Economically Weaker Section (EWS) | 25 | Ward Quota (Teaching / Non-Teaching) | 6 / 6 |
| Scheduled Tribes (ST) | 19 | Orphan Quota | 2 |
| Total sanctioned | 251 | Total supernumerary | 63 |
How to read this against the batch size you see quoted. 251 + 63 = 314 seats offered; the placement report’s ~307 is how many students actually enrolled and were on the rolls. They are different measurements, and neither is an “intake” figure you can compare against another school’s sanctioned number without checking which one it is quoting. Supernumerary means in addition to the 251 — a PWD or CW candidate is not competing for a General seat.
Official source: FMS Information Bulletin, MBA Full-Time (2026-2028), sanctioned and supernumerary seat tables, read 28 August 2026. Corrected 28 August 2026: this page previously left the SC and ST seat cells blank when the official document publishes both.
FMS Delhi MBA eligibility — the bar before the CAT bar
In one line: a bachelor’s degree after twelve years of schooling with 50% for unreserved candidates — but SC/ST need only passing marks, and OBC-NC, EWS, PWD and CW need 45%.
| Category | Minimum at graduation | Reading note |
|---|---|---|
| Unreserved / General | 50% or equivalent CGPA | A 99-percentile CAT score does not rescue a 47% degree — this bar comes first |
| SC / ST | Passing marks | No percentage bar at all. If you are SC or ST and were told your graduation score disqualifies you, check this line against the bulletin |
| OBC Non-Creamy Layer, EWS, PWD, CW | 45% | “As per University Rules”, in the bulletin’s words |
| Final-year students | May apply | Results meeting the minimum must be submitted before the last date of admission, 31 August 2026 in the 2026-28 cycle |
Official source: FMS Information Bulletin, MBA Full-Time (2026-2028), eligibility clause, read 28 August 2026. The degree must follow twelve years of formal schooling. Added 28 August 2026: this page previously carried no graduation eligibility bar at all — it showed the CAT percentile in the eligibility column, which is a different thing.
FMS Delhi MBA Fee Structure & ROI (2026-28 Batch)
📌 In one line: the academic fee is ~₹2.43 lakh for the two years (2026-28 batch) — but FMS publishes only a per-semester figure of ₹60,818, so that two-year total is our arithmetic, not a number FMS prints.
| Programme | Duration | Total Fees | Intake | CAT Cutoff / Eligibility |
|---|---|---|---|---|
| MBA (Full Time) | 2 Years | ~₹2.43L | 251 sanctioned + 63 supernumerary | 99+ %ile |
| MBA (Executive, Evening) | 2 Years, evening, four semesters | ₹3.5L | 60 | CAT (separate, lower threshold) + 5+ yrs work exp |
| PhD (FPM) | 4–5 Years | Stipend paid | 20 | CAT + Interview |
Detailed Fee Break-up — Academic Fees (FMS-Disclosed) vs Estimated Living Costs
📌 In one line: the academic fee (₹2.43L) is FMS's own disclosed figure; the accommodation and living-expense rows below it are a FindUrCollege estimate, not an FMS fee.
| Component | Year 1 (₹) | Year 2 (₹) | Total (₹) | Reading note |
|---|---|---|---|---|
| Tuition Fee | 50,000 | 50,000 | 1,00,000 | FMS-disclosed academic fee component. |
| University & Development Fee | 51,500 | 51,500 | 1,03,000 | FMS-disclosed academic fee component. |
| Library, IT & Exam Fee | 20,000 | 20,000 | 40,000 | FMS-disclosed academic fee component. |
| Academic Fees Subtotal (2026-28 batch, FMS-disclosed) | 1,21,500 | 1,21,500 | ~2,43,000 | This total is OUR arithmetic, not a figure FMS publishes. FMS publishes the fee per semester only — “approximately Rs. 60,818/- for MBA programme, per each semester” — and prints no two-year total anywhere. Four semesters at ₹60,818 is ₹2,43,272; the bulletin’s own word is “approximately”, and it adds that fees “can be revised at any time before the commencement of or during the duration of the programmes” |
| Off-Campus Accommodation (PG) — estimate | 1,20,000 | 1,20,000 | 2,40,000 | FindUrCollege estimate, not an FMS fee — FMS runs no hostel of its own; a DU hostel seat is possible but scarce (see the hostel section), so this is the realistic plan for most students. |
| Living & Personal Expenses — estimate | 60,000 | 60,000 | 1,20,000 | FindUrCollege estimate, not an FMS fee. |
| Indicative Total (academic fee + estimated living) | 3,01,500 | 3,01,500 | ~6,03,000 | Sum of the FMS-disclosed fee and the FindUrCollege living-cost estimate above — not itself an FMS-published number. |
What FMS actually publishes about the fee — and what it does not
In one line: ₹60,818 per semester is the only fee figure FMS publishes; there is no official two-year total and no official component break-up.
Two independent official sources give the same number. The Information Bulletin says the semester fee “is currently approximately Rs. 60,818/- for MBA programme, per each semester”, and the Fees tab on the MBA (Full Time) programme page says “The current semester fee for our college is ₹60,818.” Beyond that, the official record is silent: a full scan of the 31-page bulletin returns only four rupee amounts in the whole document, and none of them breaks the semester fee into tuition, development, library, IT or examination heads. So treat any “FMS fee break-up” you see elsewhere with suspicion — including ours: the component split on this page is an indicative allocation, not an FMS-published schedule, and the accommodation and living rows are clearly marked as our own estimates.
Where the fee is actually paid: through the University of Delhi’s own portal at fee.du.ac.in, which FMS links sitewide as “Online Fee Deposit”. It is login-gated and publishes no public schedule — FMS directs students there or to its administration office “for detailed information on payment schedules and any additional charges”. The application fee is separate: ₹1,000 for unreserved candidates and ₹350 for SC/ST/PWD, paid during online registration on www.fms.edu.
If you withdraw — and why two official rules disagree
In one line: the FMS bulletin says no refund after 31 August 2026; a later University of Delhi notification says 50% is refundable for another 30 days — both are official, and the safer assumption is the stricter one.
The bulletin sets the last date of admission and of withdrawal at 31 August 2026 and states flatly that “No refunds shall be admissible after the last date”. University of Delhi notification No. Acad. I/Refund of fee/2026-27/309, dated 1 June 2026 — months after the bulletin was issued — grants a 100% refund less processing fee for withdrawal on or before the last date of admission and 50% less processing fee for withdrawal within 30 days after it. The same notification carries a separate section for students enrolled under PGCF 2025 from session 2026-27, which is precisely the batch entering in 2026 — and there the clock runs from the commencement of classes, not from the admission deadline: 100% refund inside 30 days of classes starting, and after that nothing but, at most, the examination fee. The notification does not say which section prevails for a PGCF-2025 postgraduate, and we are not going to guess. Plan on the strict reading: assume nothing is recoverable once teaching has been under way for a month, and get any withdrawal in before the admission deadline if you can.
Official sources: FMS Information Bulletin, MBA Full-Time (2026-2028) & Doctoral Programme (fms.edu/static/programmes/MBA_2026.pdf); FMS MBA (Full Time) programme page, Fees tab (fms.edu/programmes/mba-full-time); University of Delhi fee-refund notification dated 1 June 2026 (du.ac.in/uploads/2026/01062026-notice-fee-refund.pdf). All read 28 August 2026.
Official sources: FMS Information Bulletin, MBA Full-Time (2026-2028) & Doctoral Programme (fms.edu/static/programmes/MBA_2026.pdf) and the Fees tab of the FMS MBA (Full Time) programme page (fms.edu/programmes/mba-full-time), both read 28 August 2026. The accommodation and living-expense rows are FindUrCollege's own indicative estimate for PG housing near Delhi University North Campus, not a figure FMS discloses or guarantees.
With an academic fee of approximately ₹2.43 lakh (2026-28 batch, FMS-disclosed) and an average placement of ₹32.27 LPA (2024-26 batch), FMS's ROI is recovered well within the first few months of employment even after adding estimated living costs — a candidate placed at ₹25 LPA (₹2.08 lakhs per month) covers the ₹2.43L academic fee inside the first year — the fee is about 8% of one year's median CTC (₹29.5L, 2024-26).
FMS Delhi Hostel & Accommodation
📌 In one line: FMS runs no hostel of its own, but its bulletin names eleven University of Delhi hostels FMS students may apply to — the catch is that FMS gets one to three seats in each, and a 70 km residence rule rules out most Delhi-NCR applicants.
FMS has no hostel of its own — but that is not the same as having no hostel route, which is what this page previously told you. The FMS Information Bulletin carries a “Hostel Accommodation” section: “Non-Delhi students of full-time programmes of FMS can apply for accommodation in the following University of Delhi hostels”, and names eleven — for men, V.K.R.V. Rao Hostel, D.S. Kothari Hostel, Gwyer Hall, International Students’ House, Mansarovar Hostel, Post-Graduate Men’s Hostel and Jubilee Hall; for women, University Hostel for Women, International Hostel for Women, North East Council Hostel for Women and Meghdoot Hostel. All are on North Campus, and applications go through the central Delhi University hostel portal at duha.du.ac.in.
Now the part that decides whether it is worth applying
The FMS allocation is tiny. At the Post-Graduate Men’s Hostel, of 100 single-seated rooms, the Delhi School of Economics and FMS share three seats between them (UR 1, SC 1, Foreigner 1) — and within the unreserved break-up that single UR seat is itself shared four ways across Sociology, Geography, FMS and Economics. At D.S. Kothari Hostel the annexure allots FMS one seat. The handbook is blunt about what a shortlist means: “Inclusion of an applicant’s name in the short list does not automatically entitle him to admission.”
Three rules will disqualify many readers of this page outright. First, the residence bar: a candidate whose parents or family live within a 70 km radius of the hostel or of North Campus is not eligible — which removes most of Delhi-NCR. Second, anyone employed full-time, part-time, ad-hoc or temporary is ineligible. Third, hostel admission is for one academic year: you re-apply every year, and last year’s seat is no guarantee of this year’s.
What it costs where a tariff is published. Three of the eleven publish current charges. At the PG Men’s Hostel the monthly heads are establishment ₹150, room maintenance ₹100, room rent ₹10, electricity ₹800, water ₹200 and mess ₹3,500 (“subject to adjustment of actual cost”), with annual charges including gym ₹1,000, library ₹500, cultural ₹1,500 and sports ₹700, plus refundable deposits of ₹5,000 mess caution, ₹2,000 hostel-dues caution and ₹1,500 mess advance. D.S. Kothari publishes ₹2,000 + ₹8,000 refundable caution money, annual charges of ₹5,235 and monthly charges of ₹2,910 (double) or ₹3,010 (single). Read the room rent literally: ₹10 a month tells you the cost here is electricity, mess and establishment — not rent. The remaining eight hostels publish no current tariff we could reach, so treat the three above as the reference and confirm the rest through the portal. Even so, a DU hostel seat costs a fraction of the ₹8,000–15,000 a month of PG rent below — which is exactly why the one-to-three-seat reality matters.
Official sources: FMS Information Bulletin, MBA Full-Time (2026-2028), “Hostel Accommodation” section; University of Delhi Handbook of Information and Rules, Post-Graduate Men’s Hostel (dated 05.08.2026); D.S. Kothari Hostel Prospectus 2026-27; and the DU hostel admission portal duha.du.ac.in. All read 28 August 2026. Corrected 28 August 2026: this page previously stated three times that FMS students have no hostel option, and never mentioned the DU route. That was wrong, and a reader who acted on it would not have applied at all.
Most FMS students do still live off campus, and the PG-accommodation figures below remain the realistic plan for anyone who does not get one of those few seats. Students typically arrange PG (paying-guest) accommodation in the neighbourhoods around Delhi University’s North Campus — Vijay Nagar, Civil Lines, Mukherjee Nagar, Kamla Nagar and Hudson Lane — the same ecosystem used by SRCC and other DU college students, at roughly ₹8,000–15,000 per month depending on room-sharing and locality. Housing can be arranged through the student union’s accommodation support network once admitted.
| Component | Year 1 | Year 2 | Total (2 yrs) | Reading note |
|---|---|---|---|---|
| Off-Campus PG (estimate) | ₹1,20,000 | ₹1,20,000 | ₹2,40,000 | FindUrCollege estimate, not an FMS fee. A DU hostel seat, where one is granted, costs a fraction of this — see the hostel section. Mid-point of the ₹8,000–15,000/month range. |
FindUrCollege estimate for PG housing near Delhi University North Campus, not a figure FMS discloses or guarantees. Publication of an indicative PG rate is not a guarantee of availability or price — confirm current rent and vacancy directly with the PG operator or FMS/DU’s student accommodation support network before budgeting.
FMS Delhi Placements (2024-26 Batch): Highest Package, Average Salary & Top Recruiters
- Average CTC: ₹32.27 LPA (2024-26 batch)
- Median CTC: ₹29.59 LPA (2024-26 batch)
- Highest CTC: ₹1.1 Crore (2024-26 batch)
- Consulting: 35%+ of batch (McKinsey, BCG, Bain, Deloitte, EY-Parthenon)
- BFSI: Goldman Sachs, JP Morgan, ICICI, Axis Bank
- FMCG: HUL, Nestle, P&G, ITC, Marico
- Tech: Google, Amazon, Microsoft, Flipkart, Zomato
FMS Delhi — Recruiter-wise Placement Breakdown (2024-26 Batch)
📌 In one line: the 2024-26 batch averaged ₹32.27 LPA and 287 of 307 students were placed — plan on the ₹29.59 LPA median, not the average.
| Metric | 2024-26 Data | Notes |
|---|---|---|
| Average Package | ₹32.27 LPA | Pulled upward by the top of the batch — the median is ₹29.59 LPA and the single highest offer ₹1.1 crore. No NIRF rank is claimed: FMS does not take part in the NIRF Management ranking |
| Median Package | ₹29.59 LPA | Plan on this one, not the average — half the batch was placed below ₹29.59 LPA |
| Highest Package (India) | ₹1.1 crore | Consulting/PE roles |
| Top Consulting Offers | McKinsey, BCG, Bain | 30%+ batch in consulting |
| Top Finance Offers | Goldman Sachs, JP Morgan | 25%+ batch in finance |
| FMCG / Marketing | P&G, HUL, ITC, Dabur | ~20% batch |
| Return on Investment | Fee is about 8% of one year's median CTC | ₹2.43L against a ₹29.5L median (2024-26) |
3-Year Placement Trend (2022-24 → 2024-26 Batches)
📌 In one line: the average has climbed every batch — ₹27.8L, ₹29.3L, ₹32.27L — while the placement rate went from 100% to ~94% (287/307). Read the two rows together.
| Metric | 2022-24 Batch | 2023-25 Batch | 2024-26 Batch (final report) |
|---|---|---|---|
| Average CTC | ₹27.8 LPA | ₹29.3 LPA | ₹32.27 LPA |
| Highest CTC | Not listed | Not listed | ₹1.1 crore |
| Median CTC | ₹23.5 LPA | ₹25.2 LPA | ₹29.59 LPA |
| Placement Rate | 100% | 100% | ~94% (287/307) |
| Consulting Placements | 24% | 26% | 26% |
Official source: FMS Delhi, Final Placement Report (Batch of 2024-26), fms.edu/corporate-relations/placement-reports, captured 14 August 2026. Highest CTC for the 2022-24 and 2023-25 batches is not published in the sources available to us — marked "Not listed" rather than estimated.
Top Recruiters: McKinsey & Company, Boston Consulting Group, Bain & Company, Goldman Sachs, JP Morgan, Amazon, Flipkart, Microsoft, Google, Hindustan Unilever, ITC, Nestlé, Colgate, P&G, Deloitte, KPMG, EY, PwC, Accenture, Tata Group, Mahindra, Maruti Suzuki, Hero MotoCorp, HDFC Bank, ICICI Bank, and Kotak Mahindra Bank. MBB and the top consulting firms take 20–25% of the batch each year — if consulting is not your target, read the FMCG, BFSI and tech rows above instead of the headline average.
FMS Delhi MBA Cutoff 2026 — Year-on-Year CAT Closing Percentile
The FMS Delhi CAT cutoff you have to clear is 99+ overall percentile for General, with ~98 in each section (VARC, DILR and QA) — and it has held there across the last five cycles. However, the actual converted cohort typically sits at 99.5–99.9 overall — the published shortlist threshold is the floor, not the entry mark.
What cutoff should you target for 2027?
Going by the 2021–2026 trends on this page, the FMS Delhi CAT cutoff to target for 2027 admission is expected to stay around 99+ overall percentile for General in CAT 2026, with category-wise floors lower per the year-wise tables below. This is an estimate based on previous cycles — FMS’s final composite also weighs academics, work experience and diversity per its published criteria, so treat the percentile as the floor, not a guarantee.
Year-on-year shortlist cutoffs (General overall percentile):
📌 In one line: FMS publishes no cutoff at all — the percentiles below are the community-reported bar, not an official closing figure, and the box under this table explains exactly what FMS does publish.
| Year | Overall %ile (Gen) | VARC/DILR/QA Sectional |
|---|---|---|
| 2022 | 98+ | 96 |
| 2023 | 98+ | 97 |
| 2024 | 99+ | 98 |
| 2025 | 99+ | 98 |
| 2026 (PGP 2026-28) | 99+ | 98 |
Reserved-category floors (2025-cycle shortlist %ile, matched to the composite-score table below): EWS ~97, NC-OBC ~96 overall, SC ~85+, ST ~70+, with proportionally lower sectional cuts. Final selection uses six published components: weighted CAT 50%, Class X 10%, Class XII 10%, SOP discussion 10%, extempore 5% and interview 15%. Note what the published weights do not include: there is no work-experience component and no gender-diversity component. Unlike DMS IIT Delhi, your two years of work earn you nothing in the FMS score.
What FMS does publish is the piece most pages miss: the section weightage used to build your weighted CAT score — VARC 40%, DILR 30%, QA 30% — assigned, in the bulletin’s own words, “to encourage diversity of Gender and Academic Disciplines”. That is a different thing from a sectional cutoff, and it changes how you should read your own scorecard: at FMS a strong VARC is worth more than a strong QA, because VARC carries the largest weight in the score that decides your shortlist. A candidate with 99 in QA and 90 in VARC is in a weaker position here than the same totals reversed — and no sectional-minimum table on any website will tell you that, because it is a weighting, not a bar.
Corrected 28 August 2026: this page previously described its tables as “official closing data” and printed two sectional tables that disagreed with each other by five to eight percentile points. Neither had an official source, because none exists.
Official source for the section weightage: FMS Information Bulletin, MBA Full-Time (2026-2028), shortlisting clause, read 28 August 2026.
FMS Delhi Cutoff 2026 (closing CAT percentile)
For the 2026 cycle (PGP 2026–28), the FMS Delhi General-category shortlist threshold was 99+ overall CAT percentile with a 98 sectional minimum in VARC, DILR and QA. Reserved-category bar (community-reported, 2025-cycle shortlist %ile): EWS ~97, NC-OBC ~96, SC ~85+ and ST ~70+ overall — see the category-wise composite-score table further down this page for the exact composite score paired with each percentile. Final selection then applies the published six-component weighting (weighted CAT 50%, Class X 10%, Class XII 10%, SOP discussion 10%, extempore 5%, interview 15%) — see the table below.
| Component | Weight | Reading note |
|---|---|---|
| Weighted CAT score | 50% | Half the decision. “Weighted” matters: FMS re-weights the CAT sections VARC 40%, DILR 30%, QA 30% before using the score |
| Class X marks | 10% | Banded, not linear: 60% and above but under 75% scores 5; 75% and above scores the full 10 |
| Class XII marks | 10% | Same bands. With Class X this is 20% of the final score decided before you ever sat the CAT — you cannot change it, so plan around it |
| Discussion on Statement of Purpose | 10% | Conducted individually, per the bulletin — not a group round |
| Extempore | 5% | Also conducted individually |
| Personal Interview | 15% | Also conducted individually |
Official source: FMS Information Bulletin, MBA Full-Time (2026-2028), “criteria and weight system” table, read 28 August 2026. Correction, 28 August 2026: this page previously printed “CAT 40%, PI 45%, GD 15%” and described a Written Ability Test followed by a Group Discussion. No official FMS document contains a WAT or a Group Discussion — the bulletin’s three non-CAT rounds are the SOP discussion, an extempore and the interview, and it states each is “to be conducted individually for all the candidates”. The weights above are the published ones.
FMS Delhi Cutoff 2025 (closing CAT percentile)
In 2025 the FMS Delhi General shortlist cutoff was 99+ overall CAT percentile with a 98 sectional floor. The 2025-cycle closing composite score for General was 51.103 (EWS 40.796, NC-OBC 39.154, SC 31.887, ST 23.424) — see the category-wise composite table further down.
FMS Delhi Cutoff 2024 (closing CAT percentile)
For 2024, the FMS Delhi General shortlist threshold was 99+ overall CAT percentile with a 98 sectional minimum in VARC, DILR and QA.
FMS Delhi Cutoff 2023 (closing CAT percentile)
For 2023, the FMS Delhi General shortlist threshold sat at 98+ overall CAT percentile with a 97 sectional minimum.
FMS Delhi Cutoff 2022 (closing CAT percentile)
For 2022, the FMS Delhi General shortlist threshold was 98+ overall CAT percentile with a 96 sectional minimum.
FMS Delhi Cutoff 2021 (closing CAT percentile)
Across the 2021–23 cohort range, the FMS Delhi General CAT cutoff band was 98.2–99.2 overall percentile with sectional floors of VARC 92+, DILR 90+ and QA 90+ (batch size ~220). See the full CAT Cutoff History 2021–2025 table below for the year-range view.
Compare year-wise cutoffs: review the CAT cutoff & MBA counselling hub, the MDI Gurgaon cutoff and the IIFT Delhi cutoff to benchmark FMS Delhi against its closest Delhi-NCR peers.
CAT Cutoff History 2021–2025 (Year-Range View)
📌 In one line: FMS publishes no cutoff at all — the percentiles below are the community-reported bar, not an official closing figure, and the box under this table explains exactly what FMS does publish.
| Year | Overall CAT %ile | VARC %ile | DILR %ile | QA %ile | Batch Size |
|---|---|---|---|---|---|
| 2021–23 | 98.2–99.2 | 92+ | 90+ | 90+ | 220 |
| 2022–24 | 98.3–99.3 | 92+ | 90+ | 90+ | 220 |
| 2023–25 | 98.5–99.4 | 93+ | 91+ | 91+ | 222 |
| 2024–26 | 98.5–99.5 | 93+ | 91+ | 91+ | 222 |
| 2025–27 | 98.5–99.5 | 93+ | 92+ | 92+ | 224 |
FMS uses a unique composite scoring system for shortlisting that gives significant weight to academic consistency throughout school and graduation, work experience quality, gender diversity, and category diversity (geographic, educational stream, gender). Candidates with 99%ile+ CAT and consistent 80%+ academics from school through graduation are the strongest applicants. FMS also gives extra weight to academic diversity — candidates from non-engineering, non-commerce backgrounds (science, arts, social sciences) with strong CAT scores are specifically valued, as FMS aims to maintain a diverse batch composition.
Category-wise Percentile & Composite Score (2025 Cycle)
FMS Delhi shortlists candidates for the Extempore and Personal Interview on a composite score (heavily weighted on CAT performance), then admits on a final merit score. The table below gives the 2025 cycle (2026–28 batch) category-wise picture — the CAT percentile you needed to be shortlisted, and the composite score each category closed at. FMS publishes no closing figure of any kind, so use these to calibrate where you stand; do not treat them as a bar you can bank on.
📌 In one line: FMS publishes no cutoff at all — the percentiles below are the community-reported bar, not an official closing figure, and the box under this table explains exactly what FMS does publish.
| Category | Expected CAT %ile (shortlist) | Closing composite (2025) | Seats (approx.) |
|---|---|---|---|
| General (GEN-GEM) | ~98–99+ | 51.103 | ~101 |
| EWS | ~97 | 40.796 | ~25 |
| NC-OBC | ~96 | 39.154 | ~69 |
| SC | ~85+ | 31.887 | — |
| ST | ~70+ | 23.424 | — |
Two things stand out. First, FMS demands a near-perfect CAT (98–99+ %ile) from General candidates for one of India’s lowest-fee MBA seats — that combination is exactly why competition is so fierce. Second, the composite cutoffs have risen sharply year-on-year (the General composite climbed from ~45.77 to 51.103, and EWS from 35.554 to 40.796), so target a clear buffer above last year’s number. NC-OBC and EWS candidates get roughly a 2–9 percentile relaxation and SC/ST/PwD candidates a 10–40 percentile relaxation. Because the final call also weighs Class 10/12 and graduation marks plus the PI/Extempore, a strong all-round profile can offset a CAT score at the lower edge of your category band.
🏛️ Why FMS Delhi costs ₹2.43 lakh and still places at ₹32.27 LPA
Faculty of Management Studies (FMS), University of Delhi has been producing India's top management talent since 1954. With a famously low total programme fee of about ₹2.43 lakh for the 2-year MBA (2026-28 batch, ~₹1.22 lakh/year) and average placements of ₹32.27 LPA (2024-26 batch), the fee comes to about 8% of one year's median CTC — the ROI table further down puts every peer school against that number.
FMS Delhi fees against its placements — the actual gap
Faculty of Management Studies (FMS), University of Delhi, delivers outcomes comparable to India's most selective management institutions (no NIRF rank is claimed — FMS does not participate in the NIRF Management ranking) while charging a famously low fee of about ₹2.43 lakh for the entire 2-year MBA programme (2026-28 batch, ~₹1.22 lakh/year). The gap between what FMS costs and what its graduates earn is the widest in the peer table above — about ₹2.43 lakh of fee against a ₹32.27 LPA average for the 2024-26 batch. With an average placement of ₹32.27 LPA (2024-26 batch) and the top offer reaching ₹1.1 crore from recruiters such as McKinsey, Goldman Sachs, and Flipkart, that is the whole case for FMS, and it does not need adjectives.
Established in 1954 as one of India's first business schools, FMS is a constituent college of the University of Delhi and is housed in a historic red-brick building on the North Campus, adjacent to Delhi University's main administrative complex. The heritage building, the 70-year institutional legacy, the Delhi University affiliation, and Delhi's density of recruiters are the case for FMS. What it does not give you is a residential campus — that is a real trade-off, not a footnote, and the hostel section above is where to check it before you budget.
Key Statistics at a Glance
⚠️ Important: FMS Delhi has no management quota, no NRI quota and no “direct admission” route. Admission is only through CAT score + composite merit (academics, diversity, extempore/interview). Treat any paid-seat or backdoor-admission claim for FMS as fraud. There is also no way to get the FMS Delhi MBA — or its famously low ~₹2.43 lakh fee — without CAT: the full-time programme admits only through CAT, and only the MBA (Executive) — which FMS's own page describes as a two-year evening programme in four semesters, not a three-year weekend one — follows a separate admission process; confirm the current route on fms.edu.
Programmes Offered
2-year programme. India's most cost-efficient top-10 MBA. Annual intake of approximately 300 students (307 in the 2024-26 batch). Specialisations in Finance, Marketing, HR, and Operations. CAT 99+ %ile typically required for shortlisting.
Two-year evening MBA for working professionals, in four semesters, as described on FMS's own programme page. FMS publishes no fee or intake figure for it. Admission through CAT with a separate cutoff; the Executive MBA has its own fee structure distinct from the flagship full-time MBA — confirm current fees and eligibility directly with FMS.
Specialised 2-year MBA for services sector management. Focus on banking, insurance, hospitality, IT services, and healthcare management. Admission is through CAT with its own cutoff; fees and intake differ from the flagship full-time MBA — verify the latest figures with FMS.
Full-time research programme in management disciplines. Faculty from IIMs, IIT Delhi, Delhi School of Economics, and international universities serve as doctoral supervisors. Part of the University of Delhi's research ecosystem.
FMS Delhi — Programme Structure & Admission Criteria
| Criterion | MBA (Full-Time) | MBA (Executive) |
|---|---|---|
| Duration | 2 years | 2 years, evening, four semesters |
| Entrance | CAT | No CAT. FMS's own FAQ says “CAT exam score is not required for admission to the MBA executive and MBA Executive HCA programs” — confirm the current criterion with FMS |
| CAT Cutoff (Gen) | 99+ percentile | Not listed — FMS runs a separate shortlisting process for this route; confirm on fms.edu |
| Intake | ~307 | ~60 |
| Fees (Total) | ~₹2.43L | ₹3.5L |
| Work Exp | Not mandatory | 5+ yrs (min.), preferably under 12 yrs, in a managerial/executive role |
FMS Delhi 2027 Admission Calendar (Expected)
Expected timeline based on previous cycles — FMS publishes the official notification on fms.edu; verify before applying.
| Milestone | Expected Window |
|---|---|
| CAT 2026 registration | Aug–Sep 2026 (expected) |
| CAT 2026 exam | Sunday, 29 November 2026 (official — IIM Indore, iimcat.ac.in) |
| FMS application window (via fms.edu) | Typically Nov 2026–Jan 2027 |
| Shortlist announcement | Jan–Feb 2027 (expected) |
| Extempore / Personal Interview rounds | Feb–Apr 2027 (expected) |
| Final admission list | Apr–May 2027 (expected) |
| Session starts (2027-29 batch) | Jun–Jul 2027 (expected) |
All dates are indicative estimates from earlier FMS/CAT cycles — the official 2027 notification on fms.edu overrides this table.
6-Step FMS Admission Process
FMS accepts only CAT. Target 99%ile overall with balanced sections (92%ile+ per section). FMS's sectional cutoffs are strict — a single weak section can disqualify an otherwise strong overall score. Identify and address sectional weaknesses by October through targeted mock analysis.
Apply at fms.edu. The FMS application form requires detailed academic history (10th, 12th, graduation all semesters), work experience description, extra-curricular achievements, and a brief personal statement. Fill every section carefully — FMS's composite scoring evaluates the full application form, not just the CAT score.
Shortlisted candidates are called for three rounds, each conducted individually: a discussion on your Statement of Purpose (10%), an extempore (5%) and a personal interview (15%). Weighted CAT carries 50% and your Class X and Class XII marks carry 10% each. FMS publishes no applicant count and no shortlist count, so treat any “X applicants for Y seats” figure you see elsewhere as someone’s estimate. Call letters go out by email.
The bulletin lists this as a distinct component worth 10% and says it is “to be conducted individually for all the candidates”. It is a conversation about what you wrote, so the SOP is not a formality to file and forget — every claim in it is something you may be asked to defend. Write it knowing you will have to talk through it.
Both are also conducted individually. The extempore is the smallest weight on the sheet at 5%; the interview is the largest of the three non-CAT rounds at 15%. Correction, 28 August 2026: this page previously described a 20-minute Written Ability Test and a group discussion of 8–10 candidates, and told you how to prepare for them. Neither appears in any official FMS document — the bulletin’s own wording is that these rounds are conducted individually, which is the opposite of a group discussion. Prepare for a conversation, not a group round.
FMS releases its merit list in April. Accept within the stated deadline. FMS does not have on-campus hostel facilities for all students — most MBA students live in PG accommodations near Delhi University's North Campus (Civil Lines, Vijay Nagar, Mukherjee Nagar areas) within 1–5 km of the FMS building. Housing can be arranged through the student union's accommodation support network.
Document Checklist — FMS Delhi Application
- CAT scorecard (official, downloaded from iimcat.ac.in)
- 10th standard mark sheet and passing certificate
- 12th standard mark sheet and passing certificate
- All semester mark sheets of graduation
- Graduation degree / provisional certificate (original + photocopy)
- Updated CV (2 pages, with academic achievements and work experience highlighted)
- Work experience certificates (all positions, with date and designation)
- Salary slips / appointment letter for current employment verification
- Passport-size photographs (6 copies, formal, white background)
- Government-issued photo ID (Aadhaar / Passport / Voter ID)
- Category certificate (SC/ST/OBC/EWS) from competent authority if applicable
FMS vs Peer Institutions
Many students with 99+ percentile face the choice between FMS and IIM A/B/C. Here's an objective comparison:
- Brand & Global Recognition: IIM A/B/C wins. FMS is less known internationally but equally respected in Indian corporate circles.
- ROI: FMS wins decisively. ~₹2.43L fees vs ₹25L fees for IIM A. If your placements are similar (which they often are in consulting/FMCG), FMS graduates are wealthier at graduation day.
- Peer Network: IIM A/B/C edge due to residential campus and stronger alumni in senior positions. FMS has a large alumni base but less structured network.
- Consulting Placements: Similar at the top. Both place 30-35% in consulting. The difference is in the number of international offers (IIMs have more).
- If you have to choose: holding both, take IIM A/B/C — the international brand and the residential network are the two things FMS does not give you. Holding only FMS, take it: the fee gap in the ROI table below is the whole argument.
ROI Comparison — FMS vs the Older IIMs, MDI & NMIMS
📌 In one line: FMS charges ~₹2.43L against ₹27.5L at IIM Ahmedabad and ~₹28.16L at MDI Gurgaon, for average packages in the same band — every figure below is cross-checked against this site's own page for that college.
| College | Total Fees | Avg Package | Payback Period |
|---|---|---|---|
| FMS Delhi | ~₹2.43L | ₹32.27L (2024-26) | ~8% of one year's median CTC |
| IIM Ahmedabad | ₹27.5L (2025-27) | ₹35.50L mean (Class 2025; median ₹34.59L, MEP not CTC) | ~9–10 months |
| IIM Bangalore | ₹26.3L | ₹32.61L (2026) | ~10 months |
| MDI Gurgaon | ~₹28.16L | ₹29.5L (2024-26) | ~11–13 months |
| NMIMS Mumbai | ~₹27L | ₹20.5L (Class 2024) | ~16 months |
IIM Ahmedabad, IIM Bangalore, MDI Gurgaon and NMIMS Mumbai figures in this table are cross-checked against this site's own iim-ahmedabad, iim-bangalore, mdi-gurgaon and nmims-bschool pages as of 14 August 2026.
FMS vs Newer Peer B-Schools — Cutoff & Outcomes
📌 In one line: MDI Gurgaon and IIFT Delhi figures below match this site's own MDI Gurgaon and IIFT Delhi pages — cross-checked so the two pages never disagree.
| Parameter | FMS Delhi | MDI Gurgaon | IIM Shillong | IIFT Delhi | IMI Delhi |
|---|---|---|---|---|---|
| Total Fee | ~₹2.43L | ~₹28.16L | ₹16–18L | ~₹21.92L | ₹18–20L |
| CAT Cutoff | 98.5–99.5%ile | 95+%ile | 92–95%ile | ~99%ile (shortlist) | 85–92%ile |
| Avg CTC | ₹32.27 LPA (2024-26) | ₹29.5 LPA (2024-26) | ₹15–18 LPA | ₹31.30 LPA (2023-25) | ₹13–16 LPA |
| Fee as a share of one year's median CTC | ~8% | ~11–13 months | 12–15 months | ~8–9 months | 16–18 months |
| Delhi University Degree | Yes (MBA) | PGDM (AICTE) | PGP (IIM) | MBA (Central Univ) | PGDM (AICTE) |
IIM Shillong and IMI Delhi figures on this row are indicative ranges (not yet cross-verified against this site's own pages for those colleges); MDI Gurgaon and IIFT Delhi figures are verified against mdi-gurgaon and iift-delhi as of 14 August 2026. Official source: FMS Final Placement Report (Batch 2024-26); MDI Final Placement Report (Batch 2024-26); IIFT placement disclosure (Batch 2023-25).
Expert Tips for FMS Delhi Aspirants
- Target 99%ile in all three CAT sections — not just overall. FMS publishes no sectional cutoff — what it publishes is a weighting: your VARC score counts 40%, DILR 30% and QA 30% towards the weighted score that decides your shortlist. Read that literally. It means a strong VARC is worth more here than a strong QA, and a single weak section does not mechanically disqualify you — it just costs you weighted marks in proportion to that section's share. A balanced 99%ile across all sections is far more valuable for FMS than a lopsided very-high-one-section score.
- Write your Statement of Purpose knowing you will have to defend it out loud. The SOP discussion is a published 10% of the score and the bulletin says it is conducted individually — so this is a conversation about what you wrote, not an essay round. Every claim you put in the SOP is something a panel can ask you to back up. Write it plainly, and be ready to talk through each line.
- Know Delhi's industry ecosystem before your PI. FMS PIs often include questions about your knowledge of the industry you are targeting post-MBA, and Delhi gives you specific context. If you want consulting, know the top consulting projects happening in India currently. If you want FMCG, know HUL's recent brand launches or acquisition strategy. If you want government-adjacent roles, know the latest NITI Aayog reports or RBI policy decisions. Delhi-specific industry knowledge demonstrates genuine career intent.
- Build your application profile for FMS's diversity goals. FMS explicitly values academic diversity (non-engineering, non-commerce backgrounds), gender diversity (women receive composite score bonus), and geographic diversity. If you are from a non-metro city, a non-engineering background, or a less-represented academic stream, highlight this authentically in your application form. FMS's diverse batch composition is a deliberate policy choice, and it works in favour of candidates who fit the diversity criteria while meeting the academic excellence standard.
- Treat FMS as a serious primary target, not just a backup. Many CAT aspirants list FMS as "backup if I don't get IIM A/B/C." This mindset is mathematically incorrect. FMS's average placement (₹32.27 LPA, 2024-26 batch) is comparable to IIM A/B/C's PGP, and its fee is about ₹20 lakhs lower. So you are looking at the same placement band, a Delhi University degree, and about ₹20 lakh you do not have to borrow. That is not a backup, and an application written as one tends to read like one in the SOP round.
If you want help reading your own profile against FMS’s six published components — where your board marks leave you, and what the SOP round is really asking — talk to us on WhatsApp at +91 91126 50438. We will tell you where your Class X and XII marks leave you before you spend another year on the CAT — 20% of the FMS score is already fixed.
FMS Alumni Network — 70 Years of Delhi's Business Leaders
FMS's alumni network spans 70 years and includes some of India's most prominent business and government leaders. Alumni occupy CEO, CFO, and Partner positions at McKinsey, BCG, Goldman Sachs, Hindustan Unilever, Tata Group, Infosys, and hundreds of other organisations. The FMS Alumni Association is active across Delhi-NCR and major Indian cities, organising annual reunions, sector-specific networking events, and mentorship programmes for current students. The alumni base is one of the oldest in Indian management education — FMS has been running since 1954 — and it is concentrated in Delhi, which is where most of its recruiters are. We are not going to put a number on what that network earns: FMS publishes no alumni-earnings survey, and any ₹45–65 LPA style figure you see quoted for it, including one this page carried until 28 August 2026, is not sourced to a document anyone can check.
The FindUrCollege Verdict on FMS Delhi
Here is the honest summary. A ₹32.27 LPA average placement (2024-26 batch), consulting and investment-banking offers, and a total academic fee of about ₹2.43 lakh (2026-28 batch) is a combination no school in the peer table above matches. If you can achieve a 99%ile CAT score with balanced sections, apply to FMS with the same level of preparation and seriousness that IIM A applicants bring to their application process — because the outcomes are comparable and the cost is a fraction.
The honest caveat: FMS's campus infrastructure (no residential hostel, older building, smaller library than IIMs) and the non-residential nature of the programme mean you miss out on the immersive residential B-school experience that IIM campuses and MDI provide. The FMS experience is more "urban university MBA" than "residential B-school" — it compensates with Delhi's industry access and a peer quality that rivals any residential institution. For candidates who prioritise outcome-to-cost ratio above all else, FMS Delhi is an easy choice. For candidates who value the B-school residential community experience alongside outcomes, FMS vs MDI or IIM becomes a more nuanced trade-off that FindUrCollege counsellors at +91 91126 50438 are ready to help you think through with precision and personalised advice. Whatever you decide, be clear about what ~₹2.43 lakh (2026-28 batch) buys: a University of Delhi MBA degree and Delhi's recruiter access, without a residential campus. Build the CAT score first, then prepare the SOP discussion, extempore and interview that FMS actually runs. The combination of Delhi University's institutional heritage, North Campus's intellectual energy, India's capital city's industry access, and FMS's extraordinary alumni network in consulting, FMCG, and investment banking is the part of FMS a fee table cannot show you. Clearing the CAT bar is on you; everything after it — the SOP discussion, the extempore, the interview — is where we can help.
❓ Frequently Asked Questions
Extended FAQs — FMS Delhi 2027
Sources
- FMS Delhi admission notification & fee circular — fms.edu, captured 14 August 2026
- FMS official site & institutional history — fms.edu
- FMS Delhi Final Placement Report, Batch of 2024–26 — fms.edu/corporate-relations/placement-reports, captured 14 August 2026
- MDI Gurgaon Final Placement Report, Batch of 2024–26 — used for the FMS-vs-MDI comparison, see /mdi-gurgaon
- IIFT Delhi placement disclosure, Batch of 2023–25 — used for the FMS-vs-IIFT comparison, see /iift-delhi
- IIM Ahmedabad and IIM Bangalore fee/placement figures — cross-checked against this site’s own /iim-ahmedabad and /iim-bangalore pages, 14 August 2026
- NMIMS Mumbai fee/placement figures — cross-checked against this site’s own /nmims-bschool page, 14 August 2026