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FMS vs IIM

Fees, placements, ranking and admissions for Faculty of Management Studies Delhi and Indian Institute of Management Indore, side by side.

Data last updated 11 Oct 2026

Side by side.

 FMSIIM
Location
Delhi, Delhi
Indore, Madya Pradesh
Type
Public
Public
Established
1954
1996
Approvals
AICTE
UGC, AMBA, EQUIS, AACSB-US
NIRF ranking
—
Indian Institute of Management (IIM) has been ranked 7th as per the MHRD-NIRF Rankings 202
MBA total fee
₹2.43 L
2 year
Better here
₹17.25 L - 20 L
2 year
MBA seats
314
—
Highest package
₹1.1 Cr
Better here
₹70 LPA (domestic)
Average package
₹32.27 LPA
Better here
₹29.57 LPA
Median salary (NIRF)
₹29.59 LPA
₹27 LPA
Entrance exams
CAT, XAT, CMAT, MAT
CAT, GMAT
Courses offered
1
2
Facilities
A/C Classrooms, Sport Complex, Cafeteria, Library
A/C Classrooms, Cafeteria, Hostel, Sports, Library

“Better here” marks only lower fees and higher reported packages. Packages are as reported by each college or NIRF and vary by year and specialisation.

In short…
  • FMS is cheaper for MBA, by about ₹15 L in total fees compared with IIM.
  • FMS reports the higher highest package (₹1.1 Cr).
  • FMS reports the higher average package (₹32.27 LPA).
  • Both accept CAT, so one exam score can get you into either.

Numbers alone don't decide it. Talk to someone who studied there before you choose.

About the two colleges.

Faculty of Management Studies Delhi

The Faculty of Management Studies focuses on management education more than just business management. The commitment is thought leadership with a deep understanding of business. The approach to pedagogy combines fieldwork, case studies and instrumented feedback with a strong emphasis on concepts and theory. The intent is to encourage intellectual curiosity and open minds to the adventure of ideas. But much about the …

Fees, cutoffs and reviews of FMS

Indian Institute of Management Indore

With the objectives of imparting high quality management education and training, the Department of Higher Education, established Indian Institute of Management Indore as Institutions of Excellence. These Institutions are recognized as premier management institutions, comparable to the best in the world for teaching, research and interaction with industries. Established in 1996, Indian Institute of Management Indore (…

Fees, cutoffs and reviews of IIM

Quick answers.

What is the MBA fee at FMS and IIM?

FMS: ₹2.43 L total. IIM: ₹17.25 L - 20 L total. Fees are the total course fee from each college's latest data on MyCampusReview.

Which has better placements, FMS or IIM?

FMS reports a highest package of ₹1.1 Cr and an average of ₹32.27 LPA. IIM reports ₹70 LPA (domestic) and an average of ₹29.57 LPA. Packages vary by year and specialisation, so ask alumni about recent placements.

Which exams are accepted by both FMS and IIM?

CAT.

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