Faculty of Management Studies (University of Delhi)
| Type | Public business school |
|---|---|
| Established | 1954 |
Parent institution | University of Delhi |
| Accreditation | NAAC |
Academic affiliation | University of Delhi |
| Dean | A. Venkat Raman [1] |
| Location | , , |
| Affiliations | University of Delhi |
| Website | FMS.edu |
Faculty of Management Studies – University of Delhi (FMS Delhi or The Red Building of Dreams[2]) is a 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 2025, 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 was trained at the Stanford Graduate School of Business. The institute has since then expanded on the number of management courses available.
Academics
FMS offers a full-time MBA, an executive MBA, an executive MBA in health care administration and doctoral programmes.[7]
Admissions
The admission to the course is done on the basis of score on Common Admission Test (CAT) conducted by the Indian Institutes of Management (IIMs). FMS earlier had its own entrance exam which was discontinued starting in the 2012–14 session.[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]
Academic chairs
In 2005, the Ministry for Human Resource Development, Govt. of India proposed a new chair in the name of the former Indian Prime Minister Rajiv Gandhi, now known as the 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
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
- Dharam Gokhool (MBA 1975), president of Mauritius
- Dinesh Kumar Khara, chairman, State Bank of India[15]
- Harit Nagpal, managing director and CEO, Tata Sky
- Anurag Srivastava, High Commissioner of India to Mauritius[16]
- Kumar Varun, stand-up comedian, actor, writer, and quizmaster
- Raghav Bahl, editor-in-chief, The Quint
- Rahul Dua, stand-up comedian
- Rajinder Khanna, additional National Security Advisor of India to Government of India[17][18]
- Sandeep A. Varma, film director and writer
- Sandhya Devanathan, vice president and Head, Meta - India (Facebook)
- Sandip Das, former managing director, Reliance Jio
- Sat Parashar, former head of the Banking Center at the Bahrain Institute of Banking and Finance, former director at the Indian Institutes of Management, and former director of the Indian Institute of Management Indore[19]
References
- ^ "Dean's Welcome". Faculty of Management Studies. Retrieved 22 February 2023.
- ^ "The Red Building of Dreams". 13 November 2015.
- ^ "History | Faculty of Management Studies". www.fms.edu. Retrieved 28 July 2023.
- ^ "Best B-schools: FMS-Delhi is most affordable and helps recover cost of education fastest". Business Today. 20 October 2012. Retrieved 28 July 2023.
- ^ "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.
- ^ "IIM-Ahmedabad tops IIRF Rankings for Government category; Check others in the list". education.indianexpress.com. 27 February 2025. Retrieved 5 March 2025.
- ^ "MASTER OF BUSINESS ADMINISTRATION (FULL TIME) | Faculty of Management Studies".
- ^ "FMS scraps entrance test,turns to CAT". 6 September 2011. Retrieved 28 July 2023.
- ^ "FMS Delhi – MBA Programme Eligibility Criteria and other Details". PaGaLGuY. 25 March 2019.
- ^ Malhotra, Priya (2022). "WHO article on "Balanced Funds in India Amid COVID-19" by Dr. Pankaj Sinha". IIM Kozhikode Society & Management Review: 22779752211050693.
- ^ "IIRF". IIRFRanking. Retrieved 6 August 2024.
- ^ Kumar, Rahul (5 February 2024). "IIRF 2024 Rankings: IIM Ahmedabad Leads Top MBA Colleges, Check List Here". www.ndtv.com. Retrieved 6 August 2024.
- ^ Launcher, Career (19 April 2024). "Get to know about the Best Programs and Average Packages of Leading B-schools". Coaching for CAT, CUET, CLAT, BBA/IPM, JEE, NEET, GRE, GMAT, SAT exams. Retrieved 6 August 2024.
- ^ Agrawal, Abhishek (26 June 2023). "Top Business Schools List, Business School Rankings in India". Business Today. Retrieved 6 August 2024.
- ^ "Board of Directors". State Bank of India. Retrieved 6 August 2024.
- ^ "Shi Anurag Srivastava appointed as next High Commissioner of India to Mauritius". Ministry of External Affairs of India. 16 December 2024. Retrieved 23 February 2026.
- ^ "Faculty of Management Studies". fms.edu. Retrieved 5 March 2025.
- ^ "Ex R&AW chief Rajinder Khanna appointed new additional NSA". The Times of India. ISSN 0971-8257. Retrieved 3 July 2024.
- ^ "Parashar to be IIM Indore's new full time director". The Times of India. 28 March 2004. Retrieved 6 August 2024.