Indian Institute of Management Lucknow
Indian Institute of Management-(IIML) Lucknow…
Fees, cutoffs and reviews of IIMIIM vs FMS
Fees, placements, ranking and admissions for Indian Institute of Management Lucknow and Faculty of Management Studies Delhi, side by side.
Data last updated 11 Oct 2026
Side by side.
| IIM | FMS | |
|---|---|---|
| Location | Lucknow, Uttar Pradesh | Delhi, Delhi |
| Type | Public | Public |
| Established | 1984 | 1954 |
| Approvals | UGC, AMBA | AICTE |
| MBA total fee | ₹20.75 L 2 year | ₹2.43 L 2 year Better here |
| MBA seats | — | 314 |
| Highest package | ₹75 LPA (domestic) | ₹1.1 Cr Better here |
| Average package | ₹32.3 LPA Better here | ₹32.27 LPA |
| Median salary (NIRF) | ₹31 LPA | ₹29.59 LPA |
| Entrance exams | CAT, XAT, CMAT, MAT | CAT, XAT, CMAT, MAT |
| Courses offered | 2 | 1 |
| Facilities | A/C Classrooms, Sport Complex, Cafeteria, Hostel, Labs, Sports | A/C Classrooms, Sport Complex, Cafeteria, 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 ₹18 L in total fees compared with IIM.
- FMS reports the higher highest package (₹1.1 Cr).
- IIM reports the higher average package (₹32.3 LPA).
- Both accept CAT, XAT, CMAT, MAT, 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 FMSQuick answers.
What is the MBA fee at IIM and FMS?
IIM: ₹20.75 L total. FMS: ₹2.43 L total. Fees are the total course fee from each college's latest data on MyCampusReview.
Which has better placements, IIM or FMS?
IIM reports a highest package of ₹75 LPA (domestic) and an average of ₹32.3 LPA. FMS reports ₹1.1 Cr and an average of ₹32.27 LPA. Packages vary by year and specialisation, so ask alumni about recent placements.
Which exams are accepted by both IIM and FMS?
CAT, XAT, CMAT, MAT.
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