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FORE School of Management (FSM), New Delhi & Gurugram

📍 · Est. 1992 · Director:
₹16.40 LPA
Avg CTC
Batch 2023-25 · 466 students
₹15.20 LPA
Median CTC
Batch 2023-25
₹29.00 LPA
Highest CTC
Batch 2023-25 · Marketing & Operations
₹23.24 L
Tuition
Self-sponsored PGDM
#59
NIRF Rank
NIRF Management 2025
8,000+
Alumni
Across 169 countries
PlacementsFees & AidAdmissionsProgramsCampusAlumniClaude's Verdict
Tier 3PrivateOtherPGDM2-year
Deep dive into each section
💰 Fees & ROI
Breakdown, scholarships, loans
📊 Placements
Report, sectors, recruiters
🎯 Admissions
Cutoff, process, batch profile
🏛️ Campus
Hostels, clubs, student life
🎓 Alumni
Notable graduates and network
📚 Programs
PGP, PGPX, FABM, FPM
⭐ Reviews
Honest student feedback

FORE School of Management (FSM), New Delhi & Gurugram Overview — Rankings, Accreditations & Quick Facts

NIRF Management #59 (2025) · BW BusinessWorld 2025 #3 Private B-School North · One Institute · Two Campuses (New Delhi Qutab Institutional Area + Gurugram corporate corridor).

Batch 2023-25: ₹16.4 L avg, ₹15.2 L median, ₹29 L max · 466 students · 138 recruiters with 33% BFSI / 23% IT / 23% MR-Consulting placements.

Rankings & recognition

NIRF Management 2025
Overall NIRF Management rank
#59
BW BusinessWorld 2025 (Private B-Schools North India)
Top private B-school in North India
#3
BW BusinessWorld 2025 (Top B-Schools India)
India private B-school ranking
#18
MBA Universe 2025
Overall MBA Universe ranking
#28

Quick facts

Accreditations
AICTE Approved (all PGDM programmes at Delhi and Gurugram off-campus), NBA Accredited, AIU Member, SAQS — South Asia Quality Systems Accredited, AACSB Member (Business Education Alliance Member), Business Graduates Network Member
Campus
Programs
PGDM (General Management — Marketing / Finance / IT & Analytics / HR & Strategy / Operations) · PGDM-IB (International Business) · PGDM-FM (Financial Management) · PGDM-BDA (Big Data Analytics)
Website
iima.ac.in

What makes FORE School of Management (FSM), New Delhi & Gurugram distinctive

🏛️

NIRF #59 — top Delhi private

Founded 1992 under FORE Society. NIRF Management Rank #59. BW BusinessWorld 2025 #3 Private B-School North India · #18 India.
🎯

4 PGDM tracks

PGDM (General Mgmt) + PGDM-IB (International Business) + PGDM-FM (Financial Mgmt) + PGDM-BDA (Big Data Analytics). 720-student current batch with 57% female diversity.
✈️

International Immersion included

All students get complimentary credit-based IIP at Frankfurt School · ESSEC Paris · SDA Bocconi · NUS · NTU · UNITAR Geneva. Eligible candidates get 2-week IIP+ extension.
💰

₹3 Cr+ scholarships

Disbursed AY 2024-25 across 5 schemes: Means-cum-Merit (full tuition waiver income ≤ ₹8 L), Merit (₹1 L), Means (EWS/OBC/SC/ST), J&K/NE 10%, PM Vidyalaxmi 3% subvention.
🌐

2 campuses — Delhi + Gurugram

Delhi (Qutab Institutional Area, main) + Gurugram off-campus (Sector 56 corporate corridor). Best of academic ecosystem + corporate proximity.
📊

Strong BFSI placement pipeline

Batch 2023-25: 33% BFSI placement (138 recruiters incl. JPMorgan, BlackRock, Marsh McLennan, Acuity, ICICI, HDFC). ₹16.40 L avg · 466-student batch.

FORE School of Management (FSM), New Delhi & Gurugram Placements 2025 — Average Package, Sectors & Top Recruiters

Placement headline — Batch 2025 · verified data

₹16.4 LPA
Avg Package
₹15.2 LPA
Median Package
₹29 LPA
Highest (Domestic)
16.4
Companies
466
Batch Size
41%
Female %

7-year placement trend

2019 BATCH
10.8 LPA
avg
High: ₹31 L
2020 BATCH
13.25 LPA
avg
High: ₹30 L
2021 BATCH
13.91 LPA
avg
High: ₹27 L
2022 BATCH
14.04 LPA
avg
High: ₹41 L
2023 BATCH
15.1 LPA
avg
High: ₹30 L
2024 BATCH
16.01 LPA
avg
High: ₹70 L
2025 BATCH
16.4 LPA
avg
High: ₹29 L

Industries covered

BFSI (33%)IT/ITES (23%)MR & Consulting (23%)FMCG/FMCD/Auto/Mfg (10%)Others — Retail/E-Comm/Energy/Fintech/Logistics/Pharma/Real Estate/Telecom/Hospitality/Travel (11%)

Sector breakdown by placement %

BFSI33%
IT / ITES23%
MR & Consulting23%
FMCG / FMCD / Auto / Mfg10%
Others (Retail / E-comm / Pharma / Real Estate / Telecom)11%

Top recruiters

50 firms
Accenture
IT / Consulting
Adani
Conglomerate
Aditya Birla Group
Conglomerate
Airtel
Telecom
Amazon
Internet / Retail
American Express
BFSI
Apple
Technology
Arcesium
BFSI / Analytics
Asian Paints
FMCG
Axis Bank
BFSI
BMW
Automobile
Capgemini
IT / Consulting

FORE School of Management (FSM), New Delhi & Gurugram Fees — Total Cost, Scholarships & Education Loans

FORE School of Management PGDM 2026-28 fee breakdown
Tuition fee
₹23.24 L
Library, computing, materials
₹0.23 L
Total programme fee
₹23.47 L
Monthly living (on-campus)
Off-campus PG in South Delhi ₹15K–25K/month + food ₹8K–12K + transport ₹3K–5K · approx ₹3.0–5.0 L per year
Education loan available
Up to ₹40 L
Loan interest rate
9.0–11.0%
ROI check: At ₹16.4 LPA average, you recover the full ₹23.47 L fee in approximately 17 months of salary.
Scholarships available
Means-cum-Merit Scholarship
Full tuition fee waiver
Merit Scholarship
₹1,00,000
Means Scholarship
Full tuition fee waiver
J&K, Ladakh & North-Eastern States Scholarship
10% tuition fee waiver
PM Vidyalaxmi Scheme — Educational Loan
3% interest subvention on loans up to ₹10 L · collateral-free + guarantor-free
Education loans up to Up to ₹40 L available. Interest rates: 9.0–11.0%.

FORE School of Management (FSM), New Delhi & Gurugram Admission 2026-27 — Eligibility, Cutoffs, Selection Process & Important Dates

NIRF Management #59 (2025) · 4 PGDM streams · BW BusinessWorld #3 Private B-School North India. Two campuses: Delhi (Qutab Institutional Area) + Gurugram (off-campus, corporate corridor). Complimentary International Immersion (Frankfurt / ESSEC / SDA Bocconi / NUS / NTU / UNITAR) included in tuition.

Programmes
PGDM (General)
Marketing · Finance · IT & Analytics · HR & Strategy · Operations
PGDM-IB
International Business
PGDM-FM
Financial Management
PGDM-BDA
Big Data Analytics · AI Lab with 300+ GPUs · 4 Bloomberg terminals
Eligibility
Academic
Bachelor's with 50% · min. 3 yrs post-Class 12
Tests
CAT 2025 · XAT 2026 · GMAT (Jan 2024 – Jan 2026)
Final-year
Eligible · graduation proof by 01 Oct 2026
Fees (Indian Nationals)
Tuition (Self)
₹23.24 L
Tuition (Company)
₹27.84 L
Registration
₹23,000 one-time
Includes
International Immersion at Frankfurt / ESSEC / Bocconi / NUS / NTU / UNITAR
Financial aid
Disbursed AY 24-25
₹3 Cr+ across 5 schemes
Means-cum-Merit
Full tuition waiver · income ≤ ₹8 L + CGPA 7+
Merit
₹1 L · top passing-out students
J&K / Ladakh / NE
10% tuition waiver
PM Vidyalaxmi
3% interest subvention on loans up to ₹10 L
Accreditations
NIRF Mgmt 2025
Rank #59
BW BusinessWorld 25
#3 Private (North) · #18 India
Bodies
AICTE · NBA · AIU · SAQS · AACSB Member
Contact
Delhi
B-18, Qutab Institutional Area, New Delhi 110 016
Gurugram
Sector 56, Gurugram, Haryana
Apply at
admissions.fsm.ac.in

Cutoff expectations (by category)

CategoryMin qualifyingRealistic shortlist
PGDM (General)CAT 80+ %ile (working)Admitted median 86.85 · max 96.27 · XAT max 97.03
PGDM-IBCAT 75+ %ile (working)Admitted median 81.95 · max 97.79 · XAT max 97.22
PGDM-FMCAT 75+ %ile (working)Admitted median 81.83 · max 98.71 · XAT max 96.20
PGDM-BDACAT 70+ %ile (working)Admitted median 74.75 · max 93.87 · XAT max 92.01

How selection works

Stage 1 — Shortlisting for PI
CAT / XAT / GMAT score50%
Personal Interview30%
Past academic record10%
Work experience10%

Detailed selection process — what to expect at each stage

01
Apply online
admissions.fsm.ac.in · ₹1,500 (1 programme) / ₹2,000 (2) / ₹2,500 (3) / ₹3,000 (4) · incl. 18% GST.
02
Shortlist on test score
2nd week of January 2026 · driven by CAT 2025 / XAT 2026 / GMAT percentile + academic record.
03
Personal Interview
3rd week of January & February 2026 · FSM faculty + industry professional panels.
04
Final selection
Composite: test score + Academic Performance + Work Experience + PI.
05
Merit list + offer
3rd week of March 2026 · Admission offers + Letters of Intent to waitlist.
06
Fee payment + verification
From 1st week of April 2026.
07
Session commencement
June 2026.

Important dates — 2026-27 admission cycle

application opens
1st week of October 2025
shortlisting
2nd week of January 2026
personal interview
3rd week of Jan & Feb 2026
merit list
3rd week of March 2026
fee payment
From 1st week of April 2026
session commencement
June 2026

Batch profile

23 years
Avg age
Reservations & diversity: AICTE-approved reservation. Specific percentages not separately disclosed in brochure.

FORE School of Management (FSM), New Delhi & Gurugram Financial Aid 2026 — Loans, EMI Options & Scholarships

FORE School of Management (FSM), New Delhi & Gurugram scholarships — published categories

Means-cum-Merit Scholarship
Full tuition fee waiver
Merit Scholarship
₹1,00,000
Means Scholarship
Full tuition fee waiver
J&K, Ladakh & North-Eastern States Scholarship
10% tuition fee waiver
PM Vidyalaxmi Scheme — Educational Loan
3% interest subvention on loans up to ₹10 L · collateral-free + guarantor-free

FORE School of Management (FSM), New Delhi & Gurugram Programs — Fees, Duration & Eligibility

ProgramDurationTotal FeesIntakeExamNotes
PGDM (General Management — Marketing / Finance / IT & Analytics / HR & Strategy / Operations)2 years full-time
PGDM-IB (International Business)2 years full-time
PGDM-FM (Financial Management)2 years full-time
PGDM-BDA (Big Data Analytics)2 years full-time

FORE School of Management (FSM), New Delhi & Gurugram Campus — Infrastructure, Hostels & Student Life

Campus facts
Area
Dormitories
undefined dorms · undefined students
Architecture
Heritage
Student clubs
undefined+ active clubs
Life highlights
Founded 1992 under FORE Society (FORE established 1981 as Foundation for Organisational Research and Education)
74 Full-Time Faculty · 70% from IIMs/IITs · Student-Faculty ratio 1:19
72% of faculty hold industry experience · Harvard Case Method certified teaching
8,000+ alumni network spread across 169 countries — 25% holding CEO/CXO positions
100+ Industry Leadership Talks per year
5 Centres of Excellence: Sustainable Development (CSD), Human Capital Development (CHCD), Frugal Technology Management (CRIFT), Digital Social and Human Transformation (CDSHT), Innovation Incubation (IIC)
Sister institutions under FORE Society: FAME (BBA/BCA/B.Com Hons/B.Sc AI & Data Analytics/Cyber Security), FIDTR (Drone Technology), FORE School of Jewellery Design, FCPLG (Political Leadership & Governance), FAAST (Aviation/Space/Tourism), FORE-Greening India

Is FORE School of Management (FSM), New Delhi & Gurugram Worth It? — Honest Pros, Cons & Who Should Apply

FORE School of Management (FSM), New Delhi & Gurugram is genuinely best for
Delhi-NCR-based PGDM candidates seeking NIRF Top-60 (Rank 59 in 2025) AICTE-approved programme with strong North India private B-school positioning (BW BusinessWorld 2025 #3 Private B-School North),
Specialisation-first candidates — 4 distinct PGDM tracks (General Mgmt, International Business, Financial Management, Big Data Analytics) provide depth that most NIRF 50-100 colleges don't match,
BFSI and Consulting aspirants — Batch 2023-25 placed 33% in BFSI and 23% in MR & Consulting, with sector pinnacle CTC of ₹28.25 L (Finance + Consulting) and ₹29 L (Marketing + Operations),
Analytics aspirants — PGDM-BDA programme with dedicated AI & Big Data Lab (300+ GPU workstations + 4 Bloomberg terminals) — niche track in Delhi-NCR with corporate analytics demand,
International exposure seekers — All students receive a complimentary credit-based International Immersion Programme (IIP) at Frankfurt School / ESSEC Paris / SDA Bocconi / NUS / NTU / UNITAR Geneva,
Diverse-cohort candidates — Batch 2024-26 with 57% female students, 67% freshers, average age 23 — broad and balanced cohort versus skewed-male tier-2 private schools,
Scholarship-eligible candidates — ₹3 Cr+ scholarships disbursed in AY 2024-25 with 5 categories (Means-cum-Merit full waivers, Merit ₹1L, Means full waivers for EWS/OBC/SC/ST family income <₹8L, J&K/Ladakh/NE 10% waiver, PM Vidyalaxmi loans with 3% interest subvention)
Watch out for
!
NIRF rank 59 is well outside the IIM/SPJIMR/FMS/MDI/NMIMS tier — placement outcomes (₹16.4 L average) are tier-2 private rather than top-tier,
!
Highest CTC ₹29 L is meaningfully below NMIMS Mumbai (~₹50+ L) and IIM Ahmedabad/Bangalore (~₹1 Cr+) — top-end opportunities (PE/VC/Strategy Consulting MBB partner-track) are limited,
!
CAT median percentile for admitted students is 86.85 for flagship PGDM (works as a soft ~80+ %ile shortlist cutoff) — competitive against MDI Gurgaon and IMI Delhi for the same applicant pool,
!
Tuition ₹23.24 L is similar to NMIMS Mumbai (~₹22 L) but FORE's placement outcomes are below NMIMS — payback ratio (~1.4× tuition-to-avg) is higher than at top-tier private,
!
Brochure does not separately publish a 100% placement rate disclosure — applicants get only headline avg/median/max CTC + 138 recruiters; verify placement consistency across the 4 PGDM tracks,
!
No on-campus residential block listed in official brochure — students arrange off-campus PG / shared flat in South Delhi at typical Delhi market rates (₹15-25k/month), adding to total cost of attendance,
!
For analytics-focused candidates, PGDM-BDA admitted-student median CAT was 74.75 %ile in 2025-27 — lowest band among FORE's 4 PGDM tracks; verify class composition strength before opting for BDA over PGDM-FM/IB if CAT is high
Apply if

You have CAT 80+ %ile (or XAT/GMAT equivalent), want a Delhi-NCR PGDM with proven BFSI/Consulting recruiter pipeline (33% BFSI + 23% Consulting), value AACSB membership + SAQS + NBA triple accreditation, and prefer specialisation depth (4 distinct PGDM tracks with a strong analytics option). Particularly suited if you can leverage means-based or merit-cum-means scholarships to bring tuition down materially.

Consider alternatives if

You can secure FMS Delhi (~₹2 L tuition with ~₹35 L average) or MDI Gurgaon — those deliver materially better placement-to-tuition ROI in the Delhi-NCR market. Also skip if you need IIM-style ₹40+ L average outcomes — FORE is firmly mid-tier private at ₹16.4 L average. Better-aligned alternatives: IMI Delhi for marginally better placements at similar tuition, or IIFT Delhi for International Business specialisation with stronger pedigree.

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