Faculty of Management Studies – University of Delhi (FMS Delhi or The Red Building of Dreams[2]) is a business school located in New Delhi, India. It was established in 1954[3] under the umbrella of the University of Delhi and is often cited as one of the best business schools in India.[4][5] In 2025, FMS was ranked 2nd best MBA program in the country by the Indian Institutional Ranking Framework.[6] 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 was trained at the Stanford Graduate School of Business. The institute has since then expanded on the number of management courses available.
FMS offers a full-time MBA, an executive MBA, an executive MBA in health care administration and doctoral programmes.[7]
The admission to the course is done on the basis of score on Common Admission Test (CAT) conducted by the Indian Institutes of Management (IIMs). FMS earlier had its own entrance exam which was discontinued starting in the 2012–14 session.[8] 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.[9]

2005年、インド政府の人材開発省は、イノベーション管理を促進するために、元インド首相ラジブ・ガンジーの名を冠した新しい講座を提案しました。これは現在、ラジブ・ガンジー技術管理・イノベーション講座(MHRD、GOI)として知られています。インド産業金融公社講座も、FMSに産業界によって設立された専門講座の1つです。[ 10 ]
FMS Delhiは、2024年のIIRF MBAランキングで2位にランクインしています。[ 11 ] [ 12 ] Career Launcherのランキングでは6位、[ 13 ] India Todayのランキングでは8位にランクインしています。[ 14 ]
北緯28度41分03秒、東経77度12分30秒/北緯28.6841度、東経77.2083度/北緯28.6841度、東経77.2083度