Best B-schools: FMS-Delhi is most affordable

Arvind Narasimhan, an engineering graduate who worked at Evalueserve, a knowledge process outsourcing company, decided in 2007 to go back to school. He took several MBA entrance exams and aced a few. Several highly sought-after schools were interested in his application, including Jamshedpur’s XLRISchool of Business and Human Resources, Faculty of Management Studies (FMS) in Delhi, and Narsee Monjee Institute of Management Studies, Mumbai. After sounding out friends, he picked FMS. The average annual salaries for fresh graduates of XLRI and FMS were comparable, but FMS fees were much lower,…

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