What is the real average domestic package of FMS Delhi? - Collegedunia

What is the real average domestic package of FMS Delhi?

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Ayush Agarwal Posted On - Dec 28, 2022
MBA from Indian Institute of Management, Ahmedabad (Graduated 2020)

I will recommend you stop focusing on the average packages of any Institute be it FMS, IITs, or IIMs. This is because average packages are quite misleading. Two main reasons are

  • It includes the average of all the students placed or eligible to be placed and not all of the students. Students who fail to graduate on time are not included in the calculation as they are not eligible for placement. So if you include all the students (placed + non-placed due to whatever reasons), the average will be much lower.
  • Very high packages of only a few students increase the average. For instance, out of 3 students, one gets a package of INR 30 LPA whereas the other two get a package of only INR 3 LPA, so the average would total to 12 LPA. This average looks decent although the majority of students got extremely low packages. 

Because of these reasons, I deem the average packages to be very misleading and should not be considered to determine the worth of a college.

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