Information
Faculty of Management Studies (FMS), Indore is a prominent institution offering top-tier management education in Madhya Pradesh. It operates under the umbrella of Devi Ahilya Vishwavidyalaya (DAVV), a state university recognized by the UGC and accredited with an ‘A+’ grade by NAAC. Known for its academic excellence and rigorous training, FMS Indore has been producing management professionals who thrive across diverse sectors including finance, consulting, marketing, and entrepreneurship.
The institute offers full-time and part-time postgraduate programs such as MBA (Core), MBA in Financial Administration, and MBA in Marketing Management. With a competitive curriculum aligned to global business standards, the college combines academic learning with practical exposure through internships, industry projects, seminars, and case studies. The well-developed campus includes smart classrooms, a computer center, Wi-Fi access, and a comprehensive library. FMS Indore fosters a research-driven environment and encourages students to participate in national and international conferences and business competitions.
Highlights
| Feature | Details |
| Full Name | Faculty of Management Studies, Indore (FMS Indore) |
| Location | Indore, Madhya Pradesh |
| Established Year | 1969 |
| Approved By | UGC, Affiliated to Devi Ahilya Vishwavidyalaya (DAVV) |
| Campus Type | Public Institution (University Department) |
Important Dates
| Event | Date (Tentative) |
| Application Start Date | March 2026 |
| Last Date to Apply | May 2026 |
| Entrance Exam (DAVV CET) | June 2026 |
| Group Discussion & PI | July 2026 |
| Classes Commence | August 2025 |
Courses
FMS Indore offers a variety of MBA programs designed to meet modern business needs.
Postgraduate Programs:
- MBA (Core – 2 Years Full-Time)
- MBA in Financial Administration
- MBA in Marketing Management
- Executive MBA (for working professionals)
- MBA in Hospital Administration
Curriculum Highlights
- Case-Based Learning
- Industry Internships (Summer Projects)
- Research Projects & Presentations
- Management Games & Simulations
- Entrepreneurship & Leadership Modules
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Admission Procedure
Admissions to FMS Indore are conducted through DAVV CET and merit-based selection.
Steps:
- Application: Apply online via DAVV CET portal.
- Entrance Exam: Appear for DAVV CET (specific for MBA streams).
- Shortlisting: Based on CET scores for GD and Personal Interview.
- GD/PI: Candidates assessed on communication, leadership & analytical skills.
- Final Selection: Combined merit of CET + GD/PI + academic background.
- Fee Submission: Pay fees online to confirm admission.
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Faculty
FMS Indore is known for its highly qualified and research-focused faculty.
- Experienced Professors: Many hold Ph.D. degrees and contribute to journals.
- Guest Lecturers: Industry professionals and alumni deliver specialized sessions.
- Academic-Industry Blend: Strong links with corporate sector for collaborative teaching.
- Mentoring System: Faculty mentors support students throughout the course duration.
- Rankings
| Ranking Body | Recognition |
| Outlook ICARE | Top 100 B-Schools in India |
| Times B-School Survey | Among Best B-Schools in Central India |
| NAAC Accreditation | “A+” Grade under DAVV, enhancing institutional profile |
Placements
| Parameter | Details |
| Average Salary Package | ₹5.5 – ₹6.5 LPA |
| Highest Salary Package | ₹18 LPA (Top FMCG & Consulting Firms) |
| Top Recruiters | Deloitte, ICICI Bank, HDFC, EY, Asian Paints, Axis Bank |
| Internship Opportunities | Paid internships for all MBA students (2 months) |
| Placement Cell Support | Pre-placement talks, aptitude tests, mock GDs & interviews |
Scholarships
| Scholarship Type | Eligibility Criteria |
| University Merit Scholarship | Top scorers in university semester exams |
| Government Scholarships | Reserved categories as per Central/State norms |
| Economically Weaker Section | Family income below ₹2.5 LPA (documents required) |
| Research Incentives | For publishing papers in reputed conferences/journals |
FAQs
FMS Indore MBA – Frequently Asked Questions
1. Is FMS Indore a government or private college?
FMS Indore, officially known as the Institute of Management Studies (IMS), Devi Ahilya Vishwavidyalaya (DAVV), is a public/government university department under DAVV. It is not a private MBA college.
2. How can I get admission to FMS Indore?
For the regular two-year MBA, candidates generally need to meet the eligibility requirements, appear for the applicable entrance examination, participate in the admission/counselling process, and complete document verification and fee payment. Current admission rules should be checked in the latest DAVV notification because the process can vary by programme and year.
3. Which entrance exam is accepted by FMS Indore?
CMAT (Common Management Admission Test) is accepted for the regular MBA admission route at IMS DAVV. The latest admission notification should be checked for the particular MBA specialization and admission year.
4. What is the MBA fee at FMS Indore?
The MBA fee at IMS DAVV is relatively affordable compared with many private MBA colleges. Current published figures indicate approximately ₹1.22 lakh for the two-year MBA, while specialization-wise tuition figures can vary.
5. What is the average package at FMS Indore?
A single, consistently reported average package specifically for IMS DAVV’s MBA programme is not clearly available in the latest official placement data. The latest DAVV management placement data reports a median salary of ₹6.4 LPA for 2024–25 across its two-year PG management programmes.
6. What is the highest package at FMS Indore?
The highest package can vary by batch, specialization and recruiting company. Therefore, candidates should not treat a third-party highest-package figure as an official IMS DAVV figure unless it is published by the institute. For comparison, DAVV’s IIPS branch reported a ₹20.25 LPA highest package in 2025, but this should not be presented as the highest package of IMS DAVV MBA itself.
7. Does FMS Indore provide hostel facilities?
Yes. DAVV provides hostel accommodation, with separate hostel facilities for boys and girls. However, hostel availability is limited and accommodation is subject to the university’s allocation process.
8. What are the hostel facilities at FMS Indore?
Students can apply for accommodation through the DAVV hostel administration/Chief Warden’s office. Separate hostels are available for boys and girls, although seats are limited. Students should confirm room availability, fees, mess facilities and other amenities directly with DAVV for the current academic year.
9. Is FMS Indore good for MBA Finance?
Yes, IMS DAVV can be a good option for MBA Finance, particularly for students looking for an affordable public-university MBA. The institute offers MBA Financial Administration, making it relevant for careers in finance, banking, financial services and related areas.
10. Is FMS Indore good for MBA Marketing?
Yes. IMS DAVV offers MBA Marketing Management. It can be a suitable choice for students interested in sales, marketing, brand management, digital marketing and business development. The relatively low course fee can also make the programme attractive from an ROI perspective.
11. What companies recruit from FMS Indore?
Recruiters associated with IMS DAVV include companies such as Aditya Birla Group, Amazon, Asian Paints, Bridgestone, Deloitte, HCL, ICICI Bank, JP Morgan Chase and Yes Bank, among others. Recruiters and roles can change from one placement cycle to another.
12. Is FMS Indore worth joining for an MBA?
Yes, IMS DAVV can be worth considering, especially for students who prioritize low MBA fees, a public-university environment, recognized MBA programmes and reasonable placement opportunities. Its relatively low fee makes the potential ROI attractive. However, students should compare the latest placement statistics, specialization, admission cut-off and career goals before making a final decision.
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