The salary FMS Delhi students get always grabs everyone’s attention as it is one of the top league MBA colleges in India with budgeted fees. However, the recent placement reports highlight that the institute has entered a completely different era after COVID. We compared FMS Delhi's placement reports before and after COVID, and an intriguing contradiction emerged. While the highest salary has surged from around Rs. 58 lakh in the pre-pandemic years to over Rs. 1 crore in recent batches, the median salary at FMS Delhi has remained around Rs. 29 to 30 lakh and average salary around Rs. 32 lakh. This disconnect is what prompted this analysis. MBA colleges are often judged by their placement headlines, but the admission decisions should be based on what the average students in the class achieves - not just a few exceptional offers.
To find out, this article analyzes FMS Delhi's placement reports across the pre-COVID and post-COVID years, highlighting how the FMS salary has evolved, helping MBA aspirants understand what the numbers actually reveal about highest, average and median salaries
FMS Delhi's placement reports have undergone a noticeable transformation since the COVID-19 pandemic. While FMS Delhi Highest CTC rose from Rs. 58.6 LPA up to Rs. 123 LPA; a growth of around 87% on average.
In contrast, average FMS Median Salary only rose 17% while FMS Average salary rose only 12%. This suggests that the sharp increase in the highest package has not translated into a proportional increase in compensation for the overall batch.
The table below summarizes how FMS Delhi's placement metrics have evolved across the pre-COVID and post-COVID periods.
Years | FMS Delhi Highest Package | FMS Delhi Average Package | FMS Delhi Median Salary |
2024-26 | Rs. 110 LPA | Rs. 32.27 LPA | Rs. 29.59 LPA |
2023-25 | Rs. 101 LPA | Rs. 30.1 LPA | Rs. 30.0 LPA |
2022-24 | Rs. 100 LPA | Rs. 29.2 LPA | Rs. 29.0 LPA |
2021-23 | Rs. 123 LPA | Rs. 34.1 LPA | Rs. 31.0 LPA |
2020-22 | Rs. 58 LPA | Rs. 32.4 LPA | Rs. 30.0 LPA |
2019-21 | Rs. 58.8 LPA | Rs. 26.2LPA | Rs. 24.0 LPA |
2018-20 | Rs. 58.6 LPA | Rs. 25.6 LPA | Rs. 23.4 LPA |
Now if we summarise the above FMS Delhi placement highlights into pre-covid and post covid era we would find that
Placement Metric | Pre-COVID (2018–20 to 2020–22) | Post-COVID (2021–23 to 2024–26) | Key Trend |
Highest Salary | Rs. 48–58.8 LPA | Rs.100–123 LPA | ▲87.7 % growth |
Average Salary | Around ₹25-32 LPA | Rs. 29-34 LPA | ▲ Largely stable with modest growth (11.94% growth) |
Median Salary | Around 23-30 LPA | Rs. 29-31 LPA | ➜ 17% growth |
Read More: FMS Fees 2026 | FMS Delhi Seats
If one looks at the historical placement data of FMS Delhi highest CTC in the table below, the FMS highest salary remained around Rs. 58 LPA from 2018-20 till 2020-22. However, in the next four years, the highest CTC for FMS Delhi sky rocketed to Rs. 100-123 LPA which is more than 87% of the previous three years.
Years | FMS Delhi Highest Package | Average FMS Highest CTC | FMS Highest Salary Growth After 2020-22 (av.) |
2024-26 | Rs. 110 LPA | Rs. 108.5 LPA | 87.7% |
2023-25 | Rs. 101 LPA | ||
2022-24 | Rs. 100 LPA | ||
2021-23 | Rs. 123 LPA | ||
2020-22 | Rs. 58 LPA | Rs. 57.8 LPA | - |
2019-21 | Rs. 58.8 LPA | ||
2018-20 | Rs. 58.6 LPA |
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While FMS highest salary grabs the headlines, it would be important to note that a handful of students get that opportunity. To have a fair idea about how the overall FMS Delhi batch has performed, one needs to go through the FMS average CTC and the FMS median salary. Now despite the growth in the FMS 2026 highest CTC, FMS average CTC remained almost the same, hovering around Rs 32. LPA after 2020-22. Similar trends can be seen in the FMS median CTC where, FMS median salary remained between Rs 29-31 LPA after 2020-22.
Years | FMS Delhi Average Package | Average of the FMS Average CTC | FMS Average Salary Growth After 2020-22 (av.) |
2024-26 | Rs. 32.27 LPA | Rs. 31.41 LPA |
|
2023-25 | Rs. 30.1 LPA | ||
2022-24 | Rs. 29.2 LPA | ||
2021-23 | Rs. 34.1 LPA | ||
2020-22 | Rs. 32.4 LPA | Rs 28.06 LPA | - |
2019-21 | Rs. 26.2LPA | ||
2018-20 | Rs. 25.6 LPA |
Years | FMS Delhi Median Package | Average of FMS Median CTC | FMS Median Salary Growth After 2020-22 (av.) |
2024-26 | Rs. 29.59 LPA | Rs. 29.89 LPA |
|
2023-25 | Rs. 30.0 LPA | ||
2022-24 | Rs. 29.0 LPA | ||
2021-23 | Rs. 31.0 LPA | ||
2020-22 | Rs. 30.0 LPA | Rs. 25.8 LPA | - |
2019-21 | Rs. 24.0 LPA | ||
2018-20 | Rs. 23. 4 LPA |
Read More: FMS Delhi Summer Placement | FMS Delhi Cutoff
The FMS Delhi return on investment growth rate has remained consistently higher, except for a dip in 2022-24, followed by a V-shaped recovery. At the present level, the FMS Delhi ROI stands at 13.26, with +0.89x Y-o-Y growth. Check the table for more details.
Years | FMS Return on Investment | Percent Change in ROI |
2024-26 | 13.26x | +7.19% |
2023-25 | 12.37x | +3.08% |
2022-24 | 12.00x | -14.41% |
2021-23 | 14.02x | +5.26% |
2020-22 | 13.32x | — |
FMS Delhi MBA fees recorded multiple increases from Rs. 1.92 lakhs in 2021-23 to Rs. 2.43 lakhs in 2026-28, with a recent year-on-year increase of around 4.85%. The FMS Delhi MBA fees is still much below the average level compared to other top MBA colleges in India.
Years | FMS MBA Fees | Percentage Growth |
2026-28 | Rs. 60,818 | 4.85% |
2025-27 | Rs. 58,000 | 16% |
2024-26 | Rs. 50,000 | 0% |
2023-25 | Rs. 50,000 | 4% |
2022-24 | — | — |
2021-23 | Rs. 48,000 | — |
FMS Delhi has shown that it can deliver both affordability and premium placement opportunities—an achievement few business schools in India can match. Yet, the placement data also highlights an important reality: the highest package tells you what's possible, but the median salary tells you what's probable. Instead of asking only, "What's the highest package?" MBA aspirants should also ask, "If I graduate from this college, what are my realistic chances of securing a strong role with a competitive salary?" After all, the true value of an MBA lies not in the success of a handful of students, but in the career outcomes it consistently delivers for the majority of the batch.
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