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IIM Lucknow vs FMS Delhi: A Detailed Comparison for MBA Aspirants

28 November, 2025
Radhika Joshi

IIM Lucknow vs FMS Delhi: Imagine getting calls from two powerhouses in Indian management education: IIM Lucknow and FMS Delhi. These schools are known for their programs, top-notch job placements, and vibrant campuses. They are among the best B-schools in India. But what makes them different is not just their reputation. It is how they structure their programs, the challenges to get admitted, the costs, and the career opportunities after graduation. So how do you select the right one? Take a close look at their strengths: academic toughness, entry requirements, placement records, and campus life. This way, you can find the best fit for your goals and lifestyle.

Overview

Feature IIM Lucknow (MBA) FMS Delhi (MBA)
Location Lucknow, Uttar Pradesh New Delhi, Delhi
Established 1984 1954
Affiliation Autonomous (IIM Act) University of Delhi
Accreditation AACSB, AMBA NAAC
 Latest Ranking (IIRF) 4th (India) 2nd (India)

Conclusion: Both IIM Lucknow and FMS Delhi are among India’s top management institutes, known for strong academic rigor, national reputation, and excellent career opportunities.

 

IIM Lucknow vs FMS Delhi – Eligibility Criteria

Criteria IIM Lucknow  FMS Delhi 
Educational Qualification Bachelor’s degree with minimum 50% marks (45% for reserved categories) Bachelor’s degree with at least 50% marks (45% for reserved categories)
Entrance Exam CAT CAT
Work Experience Not mandatory, but preferred Not mandatory, but preferred
Final-Year Student Eligibility Graduation must be completed before admission Graduation must be completed before admission
Selection Process CAT score, Written Ability Test (WAT), Personal Interview (PI) CAT score, Personal Interview (PI)

Conclusion: Both institutes accept fresh graduates and focus heavily on CAT scores along with an interview-based evaluation process.

IIM Lucknow vs FMS Delhi: Admission & Selection Process

Feature IIM Lucknow FMS Delhi
Entrance Exam CAT CAT
Process Written Ability Test (WAT) + Personal Interview (PI) Extempore + Personal Interview
Reservation As per the Government norms As per the Government norms

Understand the selection criteria for these institutions in detail:


IIM Lucknow Selection Criteria

IIM Lucknow Final Selection Criteria (MBA & ABM)

Components Weight Explanatory Remarks
Written Test 30% (MBA), 35% (ABM) Based on the candidate’s performance in the written test.
12th Marks 5% Evaluation based on Class XII academic score.
Graduation Marks 5% Evaluation based on Bachelor’s degree marks.
Work Experience 5% (MBA), 0% (ABM) Considered for MBA applicants; not applicable to ABM.
WAT 10% Written Ability Test conducted for shortlisted candidates.
PI 40% Personal Interview round for all shortlisted candidates.
Gender & Academic Diversity 5% Additional weight is given for promoting diversity.

 

IIM Lucknow Final Selection Criteria (MBA-SM)

Components Weight Explanatory Remarks
Written Test 30% Based on the candidate’s performance in the written test.
12th Marks 5% Evaluation based on Class XII score.
Graduation Marks 5% Evaluation based on Bachelor’s marks.
Work Experience 5% Weightage given for relevant experience.
WAT 10% Written Ability Test administered during evaluation.
PI 40% Personal Interview conducted individually for shortlisted candidates.
Gender & Academic Diversity 5% Additional weight is awarded to ensure diversity.

The Final Composite Score is a weighted sum of these factors, ensuring a diverse evaluation beyond CAT scores.

 

FMS Delhi Selection Criteria

Components Weight Explanatory Remarks
Weighted CAT 2025 Score 50% Based on the candidate’s performance in CAT 2025.
Marks obtained in Class X 10% 60% and above but less than 75%: 5%, 75% and above: 10%.
Marks obtained in Class XII 10% 60% and above but less than 75%: 5%, 75% and above: 10%.
Discussion on Statement of Purpose 10% Conducted individually for all the candidates.
Extempore 5% Conducted separately for all the candidates.
Personal Interview 15% Conducted individually for all the candidates.

 

Candidates must have appeared for CAT 2025 to be considered for admission. Women candidates who attend the interview will receive an additional 5 marks.

 

Applicants must present their original certificates and mark sheets at the time of the interview. The final list of selected candidates will be announced upon completion of the entire selection process.

Read More: FMS Form 

IIM Lucknow vs FMS Delhi: Fees

MBA aspirants should familiarize themselves with the fee structures of FMS Delhi and IIM Ahmedabad to avoid later confusion. This will enable them to plan their finances effectively.

Feature IIM Lucknow FMS Delhi
Total 2-Year Fees ₹20.75lakh ₹2.32 lakh

Read More: FMS Delhi MBA Fees
IIM Fees Structure

 

IIM Lucknow vs FMS Delhi: Placement Statistics

Feature IIM Lucknow FMS Delhi
Average CTC (LPA) 20.37 (2024)-32.30 (2025) ₹34.10 (2024)
Placement Rate Nearly 100% Nearly 100%
Top Recruiters Deloitte, Goldman Sachs, Asian Paints, Flipkart Microsoft, KPMG, HUL, Cognizant
Major Sectors Consulting, finance, product, tech Consulting, marketing, tech

Both institutes have high placement rates, with top companies hiring across various sectors, including consulting, finance, IT, and FMCG.

 

IIM Lucknow vs FMS Delhi: Academics & Pedagogy

Feature IIM Lucknow FMS Delhi
Program Duration 2 Years 2 Years
Teaching Style Case method with experiential learning Mix of case study and lecture-based learning
Electives Extensive choices across specializations Wide range with flexibility
Student Intake 49 (MBA-SM)-440 (MBA + MBA-ABM) 314

IIM Lucknow vs FMS Delhi: Final Convert Cutoffs

Batch Category IIM Lucknow – MBA IIM Lucknow – MBA-ABM IIM Lucknow – MBA-SM FMS Delhi – MBA
2024–26 General 48.80 47.64 45.57
EWS 35.43 32.22 35.55
NC-OBC 38.28 32.78 33.88
SC 27.14 20.61 28.18
ST 19.40 10.29 23.11
PWD 8.73 13.18 22.17
2023–25 General 48.96 44.54 35.11 47.52
EWS 33.34 29.93 21.58 36.48
NC-OBC 32.94 29.44 19.00 34.91
SC 26.22 20.51 12.38 28.60
ST 17.73 9.45 12.55 22.57
PWD 14.03 11.11 18.11 22.42
2022–24 General 52.92 47.64 39.78 53.85
EWS 35.69 32.22 21.99 40.57
NC-OBC 35.86 32.78 18.29 39.99
SC 26.11 20.61 14.96 32.45
ST 10.93 10.29 15.85 24.25
PWD 13.18 13.18 19.77 20.94

 

 

IIM Lucknow vs FMS Delhi: Campus Life & Alumni

Feature IIM Lucknow FMS Delhi
Location Residential campus in Lucknow Situated on an urban campus in the heart of New Delhi.
Peer Community Large, pan-India cohort Smaller, diverse cohort 
Alumni Network Strong industry presence and entrepreneurship support Deep connections within both corporate and academic sectors.
Extracurriculars Clubs, sports, leadership events Extensive cultural and professional clubs
Entrepreneurship Active incubation and startup mentorship Strong startup ecosystem and various collaborations.

Read More: FMS Delhi vs IIM Ahmedabad
                        IIM Ahmedabad vs IIM Bangalore

FAQs: IIM Lucknow vs FMS Delhi

Do IIM Lucknow and FMS Delhi accept CAT scores? 

Yes, both base admission on the CAT score.

What are the admission criteria for IIM Lucknow and FMS Delhi?

  • IIM Lucknow: CAT score + WAT + PI, along with weightage for academics, work experience, and diversity.
  • FMS Delhi: CAT score + Extempore + PI, plus weightage for Class X & XII marks. Women candidates get 5 additional marks.

How much do the MBA programs at IIM Lucknow and FMS Delhi cost?

  • FMS Delhi: ~₹2.32 lakh 
  •  IIM Lucknow: ~₹20.75 lakh

What is the Average Placement between IIM Lucknow and FMS Delhi?

Both institutes report nearly 100% placements.

  • IIM Lucknow: Avg CTC ranges from ₹20.37–32.30 LPA.
  • FMS Delhi: Avg CTC for 2024 was ₹34.10 LPA.

What are the major recruiting sectors at IIM Lucknow and FMS Delhi?

  • IIM Lucknow: Consulting, finance, product management, technology.
  • FMS Delhi: Consulting, marketing, tech, FMCG.
    Top recruiters at both include Deloitte, Microsoft, KPMG, HUL, Goldman Sachs, and more.

How to choose between IIM Lucknow and FMS Delhi? 

Consider your budget, preferred learning style, and location when making your decision.

What is the student intake at IIM Lucknow vs FMS Delhi?

  • IIM Lucknow: 49 (MBA-SM) to 440 (MBA + ABM).
  • FMS Delhi: 314 seats.

IIM Lucknow Vs FMS Delhi: Conclusion

Choosing between IIM Lucknow and FMS Delhi is a strategic decision that depends on personal priorities such as financial planning, campus environment, and career aspirations. Both provide excellent academic rigor and placement opportunities, setting a solid foundation for leadership careers in business. Make a choice aligned with your goals for an impactful MBA journey.