XLRI vs FMS: Which B-School is Better?

Akansha Sirohi

Updated On: September 05, 2023 01:31 am IST

The most important step in a management career is choosing the right b-school. Compare XLRI vs FMS for MBA/PGDM course, fees, placements, faculty, infrastructure, facilities, alumni and other details.
XLRI vs FMS

XLRI vs FMS: The most important step in a management career is choosing the right b-school for pursuing an MBA or PGDM. Although there is a difference between an MBA and PGDM degree, there are various factors that you must keep in mind while you are shortlisting MBA colleges in India that you will apply for. Deciding between XLRI (Xavier School of Management) Jamshedpur and FMS (Faculty of Management Studies) Delhi depends on various factors including your career goals, preferences, placements records, fees, ranking of the b-school, accreditation and the specific offerings of each institution. Both XLRI and FMS are prestigious business schools in India, and they have their own strengths. XLRI is one of the oldest and most respected business schools in India. It consistently ranks among the top management institutes in the country. FMS is also highly regarded and considered one of the premier business schools in India. It has a strong legacy and is known for its rigorous academic curriculum.

Choosing between two good colleges can be a difficult task. For example, if you are getting an admission call from Xavier Labour Relations Institute (XLRI), Jamshedpur as well as from Faculty of Management Studies of University of Delhi, it is a very difficult decision to choose one of these colleges. It is important that you understand the XLRI placements and FMS placements and are well versed with your expected ROI. Education being one of the biggest investments of one's life, the college and in particular MBA/PGDM fee play an important role in the choice of college. CollegeDekho has brought to you a detailed comparison of XLRI and FMS in order to help you choose the right b-school!

Also Read: 

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SIBM Pune vs SIMS PuneSJMSOM vs IIM Shillong

XLRI vs FMS: Which is Better?

The decision between XLRI and FMS, two esteemed business schools in India, will be influenced by a number of things, including your personal preferences, hobbies, and professional objectives. To compare the two, keep the following things in mind:

  • One of India's top business schools, XLRI is renowned for its rigorous curriculum, knowledgeable professors, and connections in the corporate world. Equally well-known and with a long track record of excellence in management education is FMS.
  • The Post Graduate Diploma in Management (PGDM) programme, which is the organization's flagship programme, as well as specialised programmes in human resources, business management, and general management, are all offered at XLRI. FMS's main full-time MBA programme lasts two years.
  • In addition to providing a variety of specialisations that let students concentrate on their particular areas of interest, XLRI is renowned for its emphasis on ethics and social responsibility. Although FMS is renowned for its strong financial curriculum, it also teaches other management-related topics.
  • Both colleges consist of experienced instructors with solid academic and professional qualifications. The vast alumni network and industry connections at XLRI might offer beneficial networking possibilities. Likewise, FMS has a large alumni network and connections with many other businesses or industries.
  • When it comes to placements, both XLRI and FMS have a strong track record with students frequently getting placed in highly esteemed companies across a range of industries. In some areas, XLRI's specialised programmes might give an advantage, whereas FMS's financial curriculum may be beneficial in companies that are involved in the finance industry.
  • While FMS is situated in New Delhi, XLRI is situated in Jamshedpur. Your lifestyle and networking prospects may be impacted by the location.

College Comparison: XLRI vs FMS

Name of the Institute

Xavier School of Management (XLRI), Jamshedpur

Facility of Management Studies (FMS) – University of Delhi

Year of Establishment

1949

1954

Approved by

AICTE

UGC

Affiliation

Jesuit, (Roman Catholic)

University of Delhi

Rankings

XLRI has been ranked 9th by NIRF among the top business schools in India and is widely considered as one of the premier institutions for management education.

  • FMS Delhi is typically ranked among the top 10 business schools in India and is highly regarded for its academic rigor and affordable fees.
  • FMS is part of the University of Delhi and has a strong legacy in the field of management education.

Entrance Exam

  • XLRI conducts its own entrance exam called XAT (Xavier Aptitude Test).
  • XAT is a national-level entrance exam accepted by XLRI and many other top-tier business schools in India.
  • The XAT exam typically includes sections like Verbal Ability, Decision Making, Quantitative Ability, and Data Interpretation, along with an Essay Writing section.
  • FMS accepts the CAT (Common Admission Test) for its MBA programme.
  • CAT is a national-level exam conducted by the Indian Institutes of Management (IIMs) and is widely accepted by various business schools in India, including FMS.
  • The CAT exam includes sections like Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability.

Eligibility Criteria

  • Bachelor's degree of minimum three years duration from a recognized university or institute in any discipline
  • A minimum aggregate score (usually around 50% to 60%) in the bachelor's degree is often required.
  • At least 5 years of managerial/supervisory experience by March 31, 2024 is mandatory. 
  • Executive PGDM Programme candidates may apply through XAT 2024, GMAT or GRE score (taken during December 1, 2020 to December 31, 2023).
  • A candidate must have a Bachelor's degree (minimum three years duration) from a recognized university or institute in any discipline.
  • The minimum aggregate score requirement is usually around 50% (relaxation for reserved categories might be applicable).
  • FMS primarily considers CAT (Common Admission Test) scores for admission.

Courses Offered

  • Post Graduate Diploma in Business Management
  • Post Graduate Diploma in General Management
  • Postgraduate Diploma in Human Resource Management
  • Fellow Programme in Management
  • Master in Business Administration
  • Executive MBA
  • Executive MBA in Healthcare Administration
  • Doctor of Philosophy

Concentrations

  • Human Resource Management
  • Business Management
  • Global Business Management 
  • Marketing Management
  • Financial Management
  • Operations Management
  • Information Systems Management
  • Finance
  • Marketing
  • Operations Management
  • Information Technology
  • Human Resource Management
  • Business Analytics
  • Entrepreneurship

Total number of Seats

240

299

Fees Range

Rs. 23,15,000

Rs 10,480 per year

Average Package

Rs. 30,00,000 per annum

Rs. 43,03,000 per annum

Highest Package

Rs. 78,20,000 per annum

Rs. 68,16,000 per annum

Number of Companies visiting Campus

117

89

Popular Companies Visiting Campus

Barclays, Deutsche Bank, Emaar Properties, HSBC, Indigo Edge, Mercedes Benz, Nykaa, Samagra Governance, Shell, Zomato

Adani Group, Airtel, Cipla, Amazon, Deloitte, HDFC Bank, Jio, KPMG, Morgan Stanley, Capgemini, Genpact

Also Read:Top 10 Highest Paying Jobs in the Field of Management in India

Ultimately, the "better" choice between XLRI and FMS depends on your career aspirations, preferred course structure, specialization interests, location preferences, and your assessment of each institution's offerings. Research thoroughly, visit the campuses if possible, connect with current students and alumni, and consider which school aligns better with your career aspirations and learning style. Both schools offer excellent management education, so choose the one that resonates with you the most.

Similar Colleges:

IIM AhmedabadIIM Calcuta
SPJIMR MumbaiMDI Gurgaon
IIFT DelhiIMT Ghaziabad

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