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Faculty of Management Studies (FMS) of the University of Delhi has started the registration process for the academic session 2019-2021. The last date to register is 20th November.

FMS offers one of the best and oldest (inaugurated in 1954) Post Graduate degree courses in Business in India; the alumni are in positions of leadership in industries & governments across the world. It offers various courses, including Masters in Business Administration (MBA), MBA-Executive, Management Development and a Doctoral Programme.

The admission process is extremely selective, with only a small fraction of aspirants making the cut. For the MBA programme, the candidate’s 12th Grade results, Undergraduate Degree results and CAT 2018 (Common Admission Test) Scores are taken into account. 

To encourage diversity of gender and discipline, different weightage will be given to the different sections of CAT. 30% will be given to Quant nd LRDI, while 40% will be given to VARC. 3 additional marks will be added to the composote score for female candidates for the purpose of shortlisting.

Eligibility-

Students need to score atleast 50% marks in their 10th and 12th Board exams and sufficient marks in CAT. The weightage given to all the aspects is as follows:

1. CAT 2018 Score – 60%
2. Marks obtained in Class X – 5%
3. Marks obtained in Class XII – 5%
4. Group Discussion – 10%
5. Extempore – 5%
6. Personal Interview – 15%

Subsequently, the candidate undergoes a series of vigorous group discussions, extempores and personal interviews. There are 200 seats, 50% of which are reserved for students from SC, ST, OBC, PWD, CW and FS categories.,

All candidates are required to register using the online portal www.fms.edu. The direct link to the admissions page is https://fmsadmissions.com. The opening date for the same was 8th October 2018 and the closing date is 20th November 2018. The registration fee is INR 1000 for General Category students, and INR 350 for other categories. The application fee is to be paid online.

 

DU Beat wishes all FMS aspirants all the very best!

 

Feature Image Credits: Faculty of Management Studies

Nikita Bhatia

[email protected]

Entrepreneurship Summit 2016 conducted by Entrepreneurship Cell, FMS Delhi, presented by Unitus Seed Fund in association with Jaarvis Accelerator kick-started with its flagship event “International Entrepreneurship Challenge” on 13th February 2016. The competition saw an enthusiastic participation from budding entrepreneurs who came to the campus from all over the country to present their business ideas. The panelists comprising of investors as Unitus Seed Fund and Jaarvis Accelerator, VCs and experts gave the finalists a good chance to not just participate in a B-Plan competition but to also pitch for funding to make their idea come alive. The winning team “Bluedrop” proposed the idea of an inexpensive durable water filter that can meet the requirements of rural India sustainably. 

 Responsible Entrepreneur, a Social entrepreneurship competition launched in association with Vihaan, social service cell of FMS, focused on B-Plans that would leave a social impact on society with a financially sustainable model. The finalists in this competition proposed business solutions to ubiquitous issues like sanitation, recycling, etc. Finally, the Frugal Innovators competition challenged entrepreneurs to come up with innovative ideas restricted to a meager budget of Rs. 20,000. Team Peco Labs, which proposed profitable Sugarcane farming, won the Responsible Entrepreneur competition whereas Team Nimori which proposed a Smart Pillbox was declared winner of Frugal Innovators. Start-up fair was also hosted as part of the E-Summit where start-ups setup stalls and were given an opportunity to showcase their ideas to students and investors and take feedback on the same.

Day Two of E-Summit 2016 began with Entrepreneurship Conference –a panel discussion moderated by FMS faculty Prof. Vivek Suneja on the topic, ’Demystifying Aggregation based Start-ups’. The audience comprising of students and entrepreneurs witnessed eminent personalities like Mr. Brett Stevens (VP, Jaarvis Accelerator), Mr. Vijay Singh (CEO AraamShop), Mr Anirudh Kumar (Investment Professional, Matrix Partners) and Mr. Angad Rikhy (VC, Unitus Seed Fund). The conference was followed by lunch sponsored by Bueno, a gourmet food start-up by FMS alumnus Mr. Rohan Arora.

The event then moved on to “NewAge Innovators”, a talk series where founders like Mr. Vinay Kumar (Arya), Mr. Rohan Arora (Bueno) Mr. Ankit Singh (MyPoolin) and Mr. Rahul Prasad (Juvenile Care) shared their entrepreneurial journeys and the struggle along the unexplored path.  

“Acquire customers cheaply, give them magic moments and repeat those moments: it’s a linear process” said Ankit Singh founder MyPoolin. MyPoolin recently won the $250,000 Qualcomm Ventures’ QPrize. The talks reflected the deep insights that the start-up founders had gained through their experience- “The product is the message,” the emphasis was resonated by Vinay Kumar as he explained Artificial Intelligence; “AI is more than Google now and Siri. It is your doctor, financial advisor and more.” The day concluded with the FMS Entrepreneur Award presented by The FMS Forum to joint winners Mr.Ankit Singh, Co-Founder, Mypoolin and the team of Mr Somak Ghosh and Ms. Aditi Gupta, co-founders, Contrarian Capital. The FMS Entrepreneur award was conceived under the guidance of  Mr. Sunder Hemrajani, former MD, Times Innovative Media Ltd., former President-Distribution, Reliance Capital .The jury comprising of Mr. Sandip Das, Chairman & Parner Maitreyi Capital, former CEO Hutchisson Essar, former CEO Reliance Jio and Prof. Vivek Suneja,former  Dean(Planning) of Delhi University and teaches Strategy at FMS, appreciated the immense entrepreneurial capabilities that students of Faculty of Management Studies have showcased through their business ventures and encouraged the audience to take up entrepreneurial activities in the conducive start-up environment of today.

E-Summit 2016 was made possible under the guidance of Dean, FMS-Delhi, Mr. M.L.Singhla and Placement advisor Ms. Kavita Singh.

According to a TOI article released on May 9, 2014, a committee chaired by VC Dinesh Singh, comprising the Principals of all the colleges offering Bachelor of Management Studies and officials from Faculty of Management Studies, came to a consensus of doing away with the entrance exam for Delhi University’s sole management course at the undergraduate level.  This course, which was formed after merging three courses (Bachelors of Business Economics, Business Studies and Financial Investment and Analysis), was put under FMS’s umbrella last year.

The decision of removing the test has been rendered in wake of the errors made in the administration of the entrance exam conducted by FMS last year. A few weeks into the Semester, it had been revealed that the Answer Key to the entrance exam posted on the FMS website had 7 wrong answers marked for one of the question paper sets. Given the neck to neck competition that this course usually sees, this goof up had left a lot of students in anguish over the final ranks that had been declared based on the incorrect answer key.  Incidentally, the usual group discussion round that used to be held for the admission process before 2013 had also been removed last year.

The weightage of marks will now be reallocated from 40% to the Board result, 40% to the entrance test and 20% to the personal interview to 85% to board result and 15% to the personal interview. The seats for the course have not been changed from the 840 allotted last year to six colleges namely Shaheed Sukhdev College of Business Studies, College of Vocational Studies, Deen Dayal Upadhyaya College, Bhim Rao Ambedkar College, Keshav Mahavidyala and Maharaja Agrasen College. Close to 2500 students will be invited for the interview round, which will be held in North Campus.

Although the announcement was made on Saturday, May 10, in the middle of the exams, the reaction from the student body has been immediate. It seems students across colleges are jointly resenting this development and are geared up to protest. From Facebook pages  to online petitions, students have taken to social networking sites to voice their opinion.

The students of Shaheed Sukhdev College of Business Studies are set to stage a zealous protest. A meeting of the entire student body and the Principal is being held on Monday, to gain a better insight into what exactly is the future of this troubled course. Management students of College of Vocational Studies have also planned to hold a similar discussion post their exam on Monday. “For some incredibly elusive reason, everyone is hell bent on completely destroying this course. First, with the merger of the three courses, then the removal of the GD round and now, with this. Let’s see, Monday should bring more clarity”, said a second year student from CBS. The student community online has also spoken out against FMS. Priyanshu Gupta, an FYUP BMS student from DDUC said, “The officials are damaging the course one bit at a time. The specialisations offered to us as DC II options, which were supposed to be for BMS students, are now being offered to other courses too. Now, they’ve removed the entrance test. It has just become like any other course in DU now. It’s funny how FMS, being one of the best management institutes in the country cannot conduct an exam smoothly.”

Update (20th May): Entrance exam for BMS will be held in 2014 as well. Read this article for further details.

This year’s placement season at Faculty of Management Studies (FMS), Delhi University has recorded hundred percent placements for the 2014 batch. In a batch of 217 students, 205 students opted for placements. A total of 212 job offers were received, with each student at least bagging one placement offer.

The highest package offered is of Rs 61 LPA (Lakhs Per Annum) whereas the average package is Rs 16.18 LPA. FMS has managed to clinch a salary same as that of Indian Institute of Management, Bangalore. Last year, the highest salary at FMS was Rs 60 Lakhs Per Annum.

A total of 107 companies participated in the placement process with 37 first time recruiters. Also, seven students opted out of placements and are pursuing other career pursuits such as entrepreneurship and civil services. While retaining its reputation as the marketing campus of the country, this year’s placement process witnessed a healthy participation across all domains such as Consulting, General Management and Finance. However, the hottest sectors this year were BFSI (Banking, Financial Sector and Insurance) and Information Technology.

Videocon offered a niche profile of Deputy General Manager in Consulting sector, whereas, Zomato offered a position of Assistant Vice President in Operations. An array of International banks such as Deutsche Bank, JP Morgan Chase, HSBC, Bank of America also visited the campus. In addition, Indus Balaji and SBI Captial Markets were the few Indian firms which offered jobs in BFSI sector. Globally reputed companies such as Coca Cola, Microsoft, Google offered various jobs in Operations and IT sector. Hindustan Unilever Limited (HUL), Procter & Gamble (P&G) and ITC were among the most popular companies in FMCG sector.

“FMS as a business school is competing with all the IIMs. When looked at all rankings, we are always placed in the top ten. It is really great that a faculty of Delhi University is doing so well nationally.” says FMS Placements Convenor Dr. Mala Sinha.

This year, the three business related courses under DU i.e. Bachelor of Business Studies, Bachelor of Business Economics and Bachelor of Financial Investment and Analysis, were merged to form Bachelor in Management Studies, a course that combined the best of all three courses. The move also put this new subject under the umbrella Faculty of Management Studies, University of Delhi, which is widely regarded as a premier institute for post graduation in Business Administration. Unfortunately, a major goof up on the part of FMS has left students dejected and angry.

Around 22000 students sat for the Entrance exam for BMS in the month of June, which was followed by Personal Interviews of the shortlisted candidates. The interviews were held between 10-13 July, after which the final merit list was announced and two counselling sessions have already been held. Classes under the course have also begun.

It has recently been revealed that the Answer Key to the Entrance Exam posted on the FMS website has 7 wrong answers marked for Question Paper Series 11. In all probability, this mistake has affected the scores of thousands of aspirants, especially since the paper had negative marking as well. Given the number of students who sit for the exam and the level of competition, students are often neck to neck; multiple people getting the same rank and scored differing in decimals. In such a scenario, 7 questions can make a huge difference.

Further inquiry indicates that there might even be errors in up to 40 questions in the other series as well. Parents and students are agitated by this goof up and rightly so, as it may have cost them a seat and higher ranks may have been given to students who do not actually deserve them as per the correct answers. Written statements of protest have been submitted to the Dean of FMS, Dean Student’s Welfare, VC and the Registrar of DU on 24th and 25th July. FMS has announced that a Panel will be set up to discuss the matter and a report on the same will be submitted in two days. Sneha Bajaj, a BMS aspirant told us via Twitter, ‘When I and a few other students contacted FMS, they simply told us that they were reviewing the matter’.

A revaluation of marks would be the right thing to do on FMS’s part, but it may not be a feasible idea. Revaluation would mean releasing a completely new list of shortlisted students for the interview, after which interviews would have to be held once again. Following that, a list of final ranks will have to be issued based on which multiple counselings will have to be scheduled. The basic problem is that though students who deserve a seat can be given one, the University cannot cancel the admission of students who might have got a seat based on the incorrect answer key, especially since the admission process in most colleges is now about to close.

All that the anguished BMS aspirants can now do is to wait for the judgement of the Panel.

It does not take a million to earn another million and the students of  Faculty of Management Studies (FMS) embarked upon a journey to prove it and succeeded. In mere six hours (yeah, that’s right! SIX HOURS!) , a four digit figure was converted to a whooping six digit figure, thanks to the extraordinary marketing and entrepreneurship skills portrayed by the young and talented minds of FMS. All this was done with sublime precision and creativity of the students of FMS who captured the hearts of the people of the national capital on 15th July.

‘Merchants of Delhi’, the flagship event of The Marketing Society and Entrepreneurship Cell of FMS, had the students divided into 15 groups, who earned Rs.1.22 lacs with just Rs.7,500 , with each group being handed Rs.500, in six hours. Last year, the total amount earned was around Rs. 74,000.

The objective was to go out to the streets of Delhi and multiply the amount by utilising the seed capital given to each team. The teams were given just a few hours to think, strategise and implement their ideas. Mobile phones and wallets were strictly banned. Revealing the name of their institution was not allowed either.

From innovative ideas like drawing random sketches and customized greeting cards for the people around to daring ones like boys dancing on item numbers, offering career counseling to students outside coaching institutes and further, the clichéd ones like selling roses, singing and poetry, they implemented them all. Their efforts borne fruits and three teams earned more than Rs.11,000.

“It was an exhilarating, fulfilling yet a body numbing experience. Given that this was our first sales stint, this day will go down in our memories as a truly special and memorable one”, said Shivam Agarwal, Sneha Motwani & Pooja Pai, part of the winning team.

Image credit: FMS Facebook Page