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Faculty of Management Studies – University of Delhi

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Coordinates: 28°41′03″N 77°12′30″E / 28.6841°N 77.2083°E / 28.6841; 77.2083
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Faculty of Management Studies – University of Delhi
TypePublic business school
Established1954; 70 years ago (1954)
Parent institution
University of Delhi
AccreditationNAAC
Academic affiliation
University of Delhi
DeanA. Venkat Raman [1]
Location
New Delhi
,
Delhi
,
India
AffiliationsUniversity of Delhi
WebsiteFMS.edu

Faculty of Management Studies – University of Delhi (FMS Delhi or The Red Building of Dreams[2]) is a leading business school located in New Delhi, India. It was established in 1954[3] under the umbrella of the University of Delhi and is often cited as one of the best business schools in India.[4][5] In 2024, FMS was ranked 2nd best MBA program in the country by the Indian Institutional Ranking Framework.[6] The institute was started at the Delhi School of Economics premises under Dean A. Dasgupta of the Delhi College of Engineering (DCE).

The department of commerce of the Delhi College of Engineering (DCE) (now Delhi Technological University (DTU)), was abolished and the Faculty of Management Studies was established.

The first set of professors were trained at the Stanford Graduate School of Business. The institute has since then expanded on the number of management courses available.

Academics

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An isometric view of the Red Building of Dreams

FMS offers a full-time MBA, an executive MBA, an executive MBA in health care administration and doctoral programmes.[7]

Admissions

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The admission to the course is done on the basis of score in Common Admission Test (CAT) conducted by the Indian Institutes of Management (IIMs). FMS earlier had its own entrance exam which was discontinued starting session 2012–14.[8] For the Doctoral program, the maximum number of Seats is 20. The candidates are required to appear in the entrance test conducted every year in November–December. However, candidates falling under some categories are exempted from appearing in this entrance test.[9]

Photo shoot of MBA Full-Time Batch of 2014
Batch photograph of full time MBA students for class of 2020

Academic chairs

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In 2005, Ministry for Human Resource Development, Govt. Of India has proposed a new chair in the name of the former Indian Prime Minister Rajiv Gandhi, now known as Rajiv Gandhi Chair for Technology Management and Innovation (MHRD, GOI) to promote management of innovation. The Industrial Finance Corporation of India Chair is also one of the professional chairs instituted by industry at FMS. [10]

Rankings

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FMS Delhi is ranked second in the 2024 IIRF MBA rankings.[11][12] It is ranked 6th in Career Launcher's rankings and [13] 8th in India Today's rankings.[14]

Notable alumni

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References

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  1. ^ "Dean's Welcome". Faculty of Management Studies. Retrieved 22 February 2023.
  2. ^ "The Red Building of Dreams". 13 November 2015.
  3. ^ "History | Faculty of Management Studies". www.fms.edu. Retrieved 28 July 2023.
  4. ^ "Best B-schools: FMS-Delhi is most affordable and helps recover cost of education fastest". Business Today. 20 October 2012. Retrieved 28 July 2023.
  5. ^ "FMS Delhi student grabs Rs. 1 Crore offer in Placement 2017: process over with 107 getting average salary upwards of Rs.20 lakhs". www.mbauniverse.com. Retrieved 28 July 2023.
  6. ^ "IIRF MBA Rankings 2024: IIM Ahmedabad Tops, FMS Delhi Clinches Second Position". The Times of India. 4 February 2024. ISSN 0971-8257. Retrieved 29 December 2024.
  7. ^ "MASTER OF BUSINESS ADMINISTRATION (FULL TIME) | Faculty of Management Studies".
  8. ^ "FMS scraps entrance test,turns to CAT". 6 September 2011. Retrieved 28 July 2023.
  9. ^ "FMS Delhi – MBA Programme Eligibility Criteria and other Details". PaGaLGuY. 25 March 2019.
  10. ^ Malhotra, Priya (2022). "WHO article on "Balanced Funds in India Amid COVID-19" by Dr. Pankaj Sinha". IIM Kozhikode Society & Management Review: 22779752211050693.
  11. ^ "IIRF". IIRFRanking. Retrieved 6 August 2024.
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28°41′03″N 77°12′30″E / 28.6841°N 77.2083°E / 28.6841; 77.2083

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