Faculty of Management Studies – University of Delhi

Faculty of Management Studies – University of Delhi (FMS Delhi or The Red Building of Dreams ) is a leading business school located in New Delhi, India. It was established in 1954 under the umbrella of the University of Delhi and is often cited as one of the best business schools in India. The institute was started at the Delhi School of Economics premises under Dean A. Dasgupta of the Delhi College of Engineering (DCE).

The department of commerce of the Delhi College of Engineering (DCE) (now Delhi Technological University (DTU)), was abolished and the Faculty of Management Studies was established.

The first set of professors were trained at the Stanford Graduate School of Business. The institute has since then expanded on the number of management courses available.

Academics
FMS offers a full-time MBA, an executive MBA, an executive MBA in health care administration and doctoral programmes.

Admissions
The admission to the course is done on the basis of score in Common Admission Test (CAT) conducted by the Indian Institutes of Management (IIMs). FMS earlier had its own entrance exam which was discontinued starting session 2012–14. For the Doctoral program, the maximum number of Seats is 20. The candidates are required to appear in the entrance test conducted every year in November–December. However, candidates falling under some categories are exempted from appearing in this entrance test.

Academic chairs
In 2005, Ministry for Human Resource Development, Govt. Of India has proposed a new chair in the name of the former Indian Prime Minister Rajiv Gandhi, now known as Rajiv Gandhi Chair for Technology Management and Innovation (MHRD, GOI) to promote management of innovation. The Industrial Finance Corporation of India Chair is also one of the professional chairs instituted by industry at FMS.

Rankings
FMS Delhi was ranked 11th in Outlook India "Top Public MBA Institutions" of 2022

Notable alumni

 * Dinesh Kumar Khara, Chairman of State Bank of India
 * Harit Nagpal, MD & CEO, Tata Sky
 * Ira Singhal, (UPSC-CSE 2014 topper)
 * Kumar Varun, stand-up comedian, actor, writer and quizmaster
 * Mahesh Verma, VC of Guru Gobind Singh Indraprastha University
 * Nandita Sinha, CEO, Myntra
 * Raghav Bahl, Founding/Controlling Shareholder & Managing Director, Network 18
 * Rahul Dua, a stand up comedian.
 * Rohit Jawa, MD & CEO, Hindustan Unilever Limited (HUL)
 * Sandeep A. Varma, film director and writer
 * Sandhya Devanathan, Vice President & Head, Meta - India (Facebook)
 * Sandip Das, Managing Director, Reliance Jio Infocomm
 * Sat Parashar, Head of the Banking Center at the Bahrain Institute of Banking and Finance, Director at the Indian Institutes of Management, and was also the director of the Indian Institute of Management Indore, India from 2004 to 2008.