Faculty of Management Studies: Education within your budget

Nirmiti Narayan had brushed up her knowledge of economics and business studies for the group discussion that was to determine her chances of getting selected in the Faculty of Management Studies (FMS). But to her surprise she found herself discussing topics as disparate as "all is fair in love and war" and "capital account convertibility in India".

"It was a pleasant surprise and I had fun speaking on those topics. The diverse topics suggested that the institute is not only focused on making good managers and administrators but also well-rounded personalities," said Narayan, a second-year student at FMS.

Innovative teaching methods, one of the highest returns on investment (ROI) and continuous curriculum revision characterise the Faculty of Management Studies, which has, over the past five decades, become one of the most sought after B-schools in the country.

Started as part of Delhi School of Economics under the University of Delhi in 1954, it became a standalone institute later.

"Being associated with a prestigious university like DU, the institute has a historical legacy which is why it stands out among others," said K. Mamkoottam, head and dean, FMS.

That is one of the reasons that first-year student Satyajit Bagchi chose FMS over notable B-schools such as IIM-A, IIM-Khozikode, IIM-Ranchi, and the Indian Institute of Foreign Trade, Delhi. "I had offers from all these institutes, but FMS has a legacy that these institutes do not. We have access to all the libraries of the university and are part of all the cultural activities within the campus," said Bagchi, a first-year MBA student.