FMS Delhi MBA Fees 2026: Seats and Package

FMS Delhi MBA fees: the short answer

FMS Delhi is the Faculty of Management Studies of the University of Delhi. Its full-time MBA costs a fraction of most top MBAs in India. The official 2026-28 bulletin says the semester fee is currently about ₹60,818 per semester, so roughly ₹2.43 lakh for four semesters, with fees open to revision by the University of Delhi. On top of that, FMS lists a Management Science Association (MSA) fee of ₹52,000 a year for full-time students. FMS has 251 sanctioned seats, admits through CAT, and its 2024-26 batch reported an average CTC of ₹32.27 lakh. All figures are as of October 2026.

FMS Delhi MBA fee structure

FMS is a faculty of the University of Delhi, and its bulletin says fees are revised as per the university's instructions. That helps explain why the gap with other top schools is so large.

FMS Delhi MBA fees as of October 2026 (fms.edu, checked 13 October 2026)

Fee item	Amount	Notes	Source
Semester fee, MBA full time 2026-28	About ₹60,818 per semester	Four semesters; payable at the start of the academic year; subject to revision	fms.edu, MBA 2026-28 information bulletin
Two-year tuition estimate	About ₹2.43 lakh	Our sum of four semesters at the published rate	Calculated from the fms.edu bulletin
MSA fee	₹52,000 a year	Funds student activities; subject to revision	fms.edu, Management Science Association page
Application registration fee	₹1,000 (₹350 for SC, ST, PwD)	Paid with the online FMS form	fms.edu, MBA 2026-28 information bulletin
Hostel	Not included	Non-Delhi full-time students can apply for University of Delhi hostels	fms.edu, MBA 2026-28 information bulletin

Even with two years of MSA fees, your institute bill stays near ₹3.5 lakh. Your real budget driver is living in Delhi. If you do not get a university hostel, rent and food become your largest cost, so plan that early. For comparison, other public options such as the IIFT Delhi MBA and the IIMs on our IIM MBA fees page charge close to ₹20 lakh or more.

FMS Delhi MBA seats

The 2026-28 bulletin lists 251 sanctioned seats for the full-time MBA, split as 101 unreserved, 69 OBC (non-creamy layer), 37 SC, 19 ST and 25 EWS. Supernumerary seats sit on top of that: 25 for foreign students, 12 for persons with disabilities, 12 for children and widows of armed forces personnel, 6 each for wards of DU teaching and non-teaching staff, and 2 under the orphan quota. Separately, the evening MBA Executive lists 200 seats for 2024-26.

The unreserved pool is only 101 seats, so competition for general seats is tight even though the class looks large on paper.

Eligibility and how FMS selects

You need a bachelor's degree after 12 years of schooling with at least 50% marks for the unreserved category, 45% for OBC non-creamy layer, EWS, PwD and CW candidates, and passing marks for SC and ST. Final-year students can apply.

FMS uses CAT only. For 2026-28, it weighted CAT sections at 40% VARC, 30% DILR and 30% QA for the shortlist, and added 5 marks for women candidates. Final selection gave 50% weight to the weighted CAT score, 10% each to Class 10 and Class 12 marks, 10% to a discussion on your statement of purpose, 5% to an extempore and 15% to the personal interview. Note what is missing: work experience and graduation marks carry no direct weight, so your CAT score does most of the work. If you missed CAT, see our list of MBA colleges without CAT.

When we checked on 13 October 2026, the 2027-29 bulletin was not yet on fms.edu. Expect it to use CAT 2026, but confirm the weights when it is released.

FMS Delhi MBA average package

FMS's final placement report for the 2024-26 batch gives these figures:

• Batch of 307 students, 304 appearing for placements, 287 placed and 3 on placement holiday.
• Average CTC ₹32.27 lakh and median CTC ₹29.59 lakh.
• Top 100 average ₹45.19 lakh, highest CTC ₹1.1 crore.
• 119 companies took part in the process.

The same report shows a 2024 average of ₹29.2 lakh and a 2025 average of ₹30.1 lakh, so the trend has been up. CTC includes variable and one-time components, so your monthly in-hand pay will be lower. These are past results, not a promise. You can read the reports on the FMS placement reports page.

Who FMS suits

FMS fits you if you can score very high in CAT and want an MBA with a low fee and a strong placement record. More than half of the 2024-26 batch were freshers (54%), so it is open to final-year students as well as people with a few years of work. If you need to keep working, look at the evening MBA Executive instead. It needs five years of work after graduation, Delhi NCR residence and employer permission, and classes are held in person on weekday evenings and Saturdays. The executive bulletin also asks for at least 45% marks in graduation and a No Objection Certificate from your current employer. A separate MBA Executive in Health Care Administration runs on the same evening pattern for people working in healthcare. Our executive MBA guide compares these with other formats.

The trade-off at FMS is simple. You pay very little, but you compete with a very large CAT pool for 101 unreserved seats, and your housing depends on getting a University of Delhi hostel. If your CAT score is in range, the fee-to-placement ratio is hard to beat.

How to apply to FMS Delhi

1. Take CAT. FMS does not consider applicants without a CAT score.
2. Fill the separate FMS online registration form on fms.edu and pay the application fee.
3. Wait for the interview shortlist, then prepare your statement of purpose, extempore and interview.
4. Bring original certificates and mark sheets to the interview.
5. On selection, pay the fee and apply for a university hostel if you are from outside Delhi.

Confirm the current fee in the FMS MBA 2026-28 bulletin before paying. For a wider view of MBA formats and fee bands, read our MBA course guide, or talk to a counsellor about your CAT target.