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Faculty of Management Studies, Delhi, usually abbreviated FMS Delhi, was founded in 1954 and is the first business school in India which started offering management training to professional managers in the form of a part time MBA Programme. It has been consistently ranked among top business schools in Indian b-school surveys. The first set of professors was trained at the Stanford Graduate School of Business and the institute was started at the Delhi School of Economics under the leadership of Prof. A. Dasgupta. The past decades have witnessed a significant growth in the nature and number of programmes offered at the FMS. It is one of the oldest business schools in India and has a strong alumni network. FMS comes under the aegis of the University of Delhi.
[edit] CoursesThe school has good reputation for its marketing and finance programmes. It is situated in the North and South Campus of the University of Delhi. FMS has exchange programmes and collaborative arrangements with leading industrial and business houses, management institutions and professional associations in India and abroad. It is the founder member of the Association of Management Development Institutions in South Asia (AMDISA) and is working towards regional cooperation in management education and development in the spirit of SAARC. FMS is also one of the participating institutions in the India-EEC Exchange and Co-operation Programme for Management Professors. The various programmes offered by FMS are
In addition to all these programmes, FMS also conducts Management Development Programmes. [edit] Academic chairsIn appreciation of its contributions, the Industrial Finance Corporation of India and Amway Corporation have created chair professorships in Industrial Management and Entrepreneurial Development respectively. The Shanti Prasad Jain Advanced Management Research Center, the research and development wing of FMS, has been setup at the University of Delhi with assistance from Bennett Coleman & Company Limited. In 2005, Union Human Resource Development Ministry, Govt. Of India has proposed a new chair in the name of the former Indian Prime Minister Rajiv Gandhi, to promote management of innovation. [edit] AdmissionsThe school has historically been the most selective business school in the country. The annual tuition fee of the 2 year flagship MBA (FT) Programme & MBA (MS) is Rs.70,000 (USD 1750)(around 40,000 of which is donated to the Management Science Association). MBA (FT) Programme has 90 seats (with 9 additional seats reserved for foreign candidates) and MBA (MS) Programme has 40 seats (with 4 additional seats reserved for foreign candidates). The admission is through the FMS Entrance test conducted in January every year. The notification for various programmes offered by FMS is advertised through national newspapers in September-October every year. [edit] Management Science AssociationFMS is well-known for its student body, the Management Science Association (MSA) and each student in FMS is a member of the MSA. MSA runs various student interest groups and ensures that students have a participatory role in FMS pedagogy. FMS students are also well-known for their extracurricular achievements in various competitions across top B-School in the country. [edit] PlacementsThe Faculty of Management Studies, University of Delhi, has always been known for its placement record over the years. The average salary for Class of 2003 was INR 6.88 lakhs (Rs. 688,000), for Class of 2004 was INR 7.04 lakhs (Rs. 704,000), Class of 2005 was INR 8.1 lakhs (Rs. 810,000), Class of 2006 was INR 8.9 lakhs (Rs. 890,000), and Class of 2007 was INR 12.04 lakhs (Rs. 1,204,000). MBA (Management of Services) Two Year Full Time Programme saw their first batch (2006) getting placed with an average salary of Rs. 7.5 lakhs (Rs. 750,000) per annum. The Class of 2007 - MBA (Management of Services) saw a 40% increase in salary packages with an average salary of INR 10.55 lakhs. [edit] Prominent Alumni
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