FMS Delhi vs. IIM Ahmedabad: Which B-School Offers Best ROI, Placements & Fees?
This article compares FMS Delhi and IIM Ahmedabad for MBA 2026, detailing their fees, placements, and return on investment. It provides a comprehensive analysis to help prospective students choose between these top business schools.
FMS Delhi or IIM Ahmedabad, which institute to choose to pursue MBA degree in 2026? Both are government business schools offering programs at 2.32 Lakh and 27.50 lakh, respectively. These two institutes offer a strong background of alumni, placement, and research objectives. From fee system to admission requirements, from lifestyle to overall Return on Investment (ROI) both institutions differ from each other. To find a clear distinction and draw a a decision for your management career, we have provided a detailed comparison of these two highly prestigious business schools. The comparison is done in terms of fees, placement records, highest salary, years of legacy (brand value), and top recruiter. Candidates can also find admission and other details from the tables shared below.
FMS Delhi 2026: MBA (Full-Time) Details
FMS Delhi has continued to build its reputation as one of the most prestigious institutions in India that offer the best in terms of education, remarkable placements, and affordable fees.
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A constituent college of the University of Delhi,Faculty of Management Studies (FMS) Delhi has an amazing return of investment where it charges only ₹2-2.32 lakh for the two year program. It also ensures an average CTC of ₹32.27 LPA and even the highest domestic package is ₹1.10 Cr for the 2026 batch.
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With 100% summer internships with top recruiters such as McKinsey, BCG, Goldman Sachs, and Google in dominant sectors like BFSI and Product/IT/Analytics, FMS Delhi is a dream institution for CAT toppers who want to pursue lucrative careers without any financial burden.
| Category | Details |
| Institute Type | Constituent college of University of Delhi (Government) |
| Course Name | MBA (Full-Time) |
| Duration | 2 Years |
| Total Seats | ~230 (287 admitted including all categories/quotas in 2024-26 batch) |
| Admission Exam | |
| Selection Process | CAT Score → GD/Extempore → Personal Interview → Past Academic Record |
| Eligibility | Bachelor's degree in any discipline with minimum required aggregate marks |
| Total Fees (Full Course) | 2 – 2.32 lakh (tuition ~21,000 + other charges) |
| NIRF Ranking | Not separately ranked (part of DU); popularly considered a Tier-1 B-school |
| Summer Internship (2026-27 batch) | 300 students placed, 100% placement |
| Summer Internship Avg Stipend | 3.42 lakh (2 months) |
| Summer Internship Median Stipend | 3.50 lakh |
| Summer Internship Highest Stipend | 5 lakh |
| Final Placement Year | 2026 (2024-26 batch) |
| Students Placed (Final) | 287 |
| Recruiters Participated | 119 (68 new recruiters) |
| Average CTC | 32.27 LPA |
| Median CTC | 29.59 LPA |
| Highest CTC (Domestic) | 1.10 Cr |
| Avg Package (Top 10%) | 60.67 LPA |
| Strongest Sector | BFSI (78% growth), Product/IT/Analytics (68% growth) |
| Top Recruiters | McKinsey, BCG, Bain, Goldman Sachs, J.P. Morgan, Microsoft, Google, Amazon, HUL, ITC, Nestlé, Flipkart, Adobe |
IIM Ahmedabad - PGP (2-Year MBA) Details
As the number one ranked management institute in the country (NIRF Rank 1), the PGP program offered by IIM Ahmedabad is the benchmark when it comes to business education.
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It offers a profile-based selection procedure and world-class case study approach, making it extremely popular amongst top recruiters from consulting, financial and technology industries.
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The entire cost of the program is close to ₹27.50 lakh, and offers a CTC of ₹35.50 LPA on average and a maximum of ₹1.10 Cr within India.
| Category | Details |
| Institute Type | Autonomous, Institute of National Importance |
| Course Name | Post Graduate Programme in Management (PGP) |
| Duration | 2 Years |
| Other Programs Offered | PGP-FABM, PGPX (1-yr Executive MBA), BPGP (Blended), ePGD-ABA |
| Admission Exam | CAT |
| Selection Process | CAT Score → Academic Writing Test (AWT) → Personal Interview → Profile-based scoring |
| Eligibility | Bachelor's degree (min. 50% aggregate) in any discipline |
| Total Fees (2-Year PGP) | 27.50 lakh (2025-27 batch), incl. 20.10 lakh tuition + accommodation/mess |
| Note on Fees | 2026-28 batch fee not yet officially announced; 27.5 lakh is latest confirmed benchmark |
| NIRF Ranking (Management) | Rank 1 (NIRF 2025) |
| Other Rankings | QS World University MBA Rankings 2026 – ranked among Asia's top institutes |
| Summer Internship (PGP) | 410 students placed, offers from 155+ firms; 203 PPOs given |
| Final Placement Year | 2025 (latest fully audited report) |
| Students Placed (Final) | 96%+ placement across PGP cohorts |
| Recruiters Participated | 178–182+ firms (50+ first-time recruiters) |
| Average (Mean) CTC | 35.50 LPA |
| Median CTC | 31.00 LPA |
| Highest CTC (Domestic) | 1.10 Cr |
| Placement Report Standard | Third-party audited under Indian Placement Reporting Standards (IPRS) since 2011 |
| Top Recruiters | BCG, McKinsey, Accenture, Bain & Company, Adani, major consulting/finance/tech firms |
| Note on 2026 Batch | Final placement report for Class of 2026 was released without a single average/median figure — instead broken into Fixed Yearly, One-Time Cash, Total Guaranteed Cash & Maximum Earning Potential (each with min/max/median/mean) |
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FMS Delhi vs IIM Ahmedabad 2026: CAT Cutoff Comparison
Check CAT cutoff comparison shared in the table below. It analyses the 2025 CAT minimum scores for 2026-28 Batch.
| Category | FMS Delhi Overall % | FMS Delhi Sectional % (VARC/DILR/QA) | IIM Ahmedabad Overall % | IIM Ahmedabad Sectional % (VARC/DILR/QA) |
| General | 99+ | - | 95 | 85 |
| EWS | 97+ | - | 95 | 85 |
| OBC | 96+ | - | 90 | 80 |
| SC | 85+ | - | 85 | 75 |
| ST | 70+ | - | 75 | 65 |
| PwD | - | - | 85 | 75 |
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Jaya Gupta is an Education Content professional with over four years of experience in writing marketing and academic content, alongside a year of experience working with an indie publishing house. Currently, she is covering higher education content for Jagran Josh (Jagran New Media), leveraging her academic knowledge. She specializes in covering management, engineering, law, medical colleges, study abroad and GATE exams. She holds a Master's degree in English Literature, successfully qualified the 2024 UGC NET, and has guided more than 100 students in framing effective study-abroad academic essays. Her writing interests vary across education, creative expression, and digital culture.