FMS Delhi Summer Internship 2026-28: 100% Placed, ₹3.76 Lakh Median Stipend and What It Means for Aspirants

FMS Delhi has completed summer internship placements for its 2026-28 batch, and the median stipend has gone up to ₹3.76 lakh, with a highest of ₹6 lakh. Here is what the numbers show, how they compare with the last batch, and what they mean if you are applying this year.

The Short Answer

FMS Delhi reports a 100% summer placement record for its 2026-28 batch. The median stipend is ₹3.76 lakh, the average is ₹3.46 lakh and the highest is ₹6 lakh. These are stipends for the whole internship, not per month, so they cannot be compared directly with the monthly stipends that IIMs report. FMS also remains one of the lowest-fee top MBA programmes in India, which is why its return on investment is a regular talking point.

FMS Delhi Summer Placements 2026-28 at a Glance

The stipend figures are for the full summer internship. If the internship runs for about two months, the median works out to roughly ₹1.9 lakh a month, which puts it in the same range as the monthly figures at several top IIMs. Check the exact duration before you compare.

How It Compares With the Previous Batch

The median rose faster than the average, which means the middle of the batch did better, while a few very high offers pulled the highest figure up. The average moved by only about 1%, so the gain is not across the board. For aspirants, the useful point is that the median, not the headline, shows what a typical student earned.

Who Recruited?

FMS has a long recruiter list of long-standing and new names.

• Long-standing recruiters: Accenture Strategy, Amazon, Bain & Company, BCG, HUL, ITC, PwC and Tata Administrative Services, among others.
• New and returning names: Google, Goldman Sachs, Adobe, Salesforce, Monitor Deloitte and Eternal.

The full recruiter list is longer than the names shown here.

Which Domains Hire From FMS?

FMS has a broad recruiter mix across consulting, marketing, finance, operations, product management, general management and HR. For reference, the 2025-27 batch's share of offers was:

The 2026-28 domain split has not been shared, so use this as a guide to the shape of FMS recruitment, not as this year's numbers. Our lists of the top B-schools for consulting, marketing and finance help you compare colleges by the career you want.

How to Read the Stipend Numbers

Also remember that a summer stipend is not a final salary. It is paid for a short internship at the end of the first year, and final placements are a separate set of figures.

Why FMS Is Different

• Very low fee. FMS charges a fraction of what other top programmes do, so even a stipend of a few lakh covers a large part of the cost.
• CAT only. FMS accepts only CAT, and the shortlist depends on your CAT score, academics and the interview rounds.
• Strong brand with recruiters. The long recruiter list shows how much corporate India values the FMS tag.
• Delhi location. Proximity to corporate offices helps recruiter access.

Our comparison of FMS vs MDI vs SPJIMR puts FMS next to two other top non-IIM options.

What It Means If You Are Applying to FMS

This part is our judgement.

• The FMS form closes on 27 November, two days before CAT. It has an early window, so prepare your documents in advance. Our calendar of MBA forms closing in November 2026 shows what to fill first.
• Know the percentile you are aiming for. FMS is among the toughest non-IIM calls. Our guides on CAT percentile vs colleges for engineers and non-engineers and female vs male engineer percentiles show how profile changes the band.
• Prepare for the interview. Our guide to the mistakes to avoid in the last six weeks before CAT 2026 covers how to prepare your stories.
• Compare other options. Our posts on IIM Lucknow's summer placements and SPJIMR's summer placements give context for other top schools. The batches and stipend periods differ, so use them as context, not a ranking.

What We Do Not Know Yet

• The 2026-28 offer count, number of companies and domain split have not been shared.
• PPO numbers are not available for this batch.
• The stipend is for the full internship, and its exact duration should be checked before you compare it with IIM monthly figures.
• Summer figures say little about final placements, so they do not predict next year's salaries.

Frequently Asked Questions

What is the median stipend in FMS Delhi summer placements 2026-28? ₹3.76 lakh for the internship, up from ₹3.50 lakh for the previous batch.

What is the highest stipend? ₹6 lakh, up from ₹5 lakh.

What is the average stipend? ₹3.46 lakh, compared with ₹3.42 lakh for the previous batch.

Is the stipend per month? No. It is for the whole summer internship, so do not compare it directly with monthly IIM stipends.

Did FMS achieve 100% placement? Yes, FMS reports a 100% summer placement record for the batch.

Which companies recruited? Accenture Strategy, Amazon, Bain, BCG, HUL, ITC, PwC, Google, Goldman Sachs, Adobe, Salesforce and Monitor Deloitte, among others.

When does the FMS Delhi form close? On 27 November 2026, two days before CAT.

Which exam does FMS accept? Only CAT.

Final Word

FMS Delhi's summer placements show a stronger median, a higher top end and a deep recruiter list at a very low fee. For aspirants, the lesson is to look at the median and the length of the internship, not just the highest number, and to prepare early, since the form closes before CAT. Placement figures change every year, so confirm the latest numbers on FMS Delhi's official website.