Faculty of Management Studies (Commonly known as FMS Delhi), established in 1954 under the aegis of the University of Delhi, offers management education to the professional managers as part-time and full-time MBA programmes.
It is one of the oldest business schools in India which started offering a Full Time MBA programme. The institute was started at the Delhi School of Economics premises under the then Dean, Prof. A. Das Gupta, of the Delhi College of Engineering (DCE). The department of commerce of the Delhi College of Engineering (DCE) now the Delhi Technological University (DTU) was abolished and the Faculty of Management Studies was established. The first sets of professors were trained at the Stanford Graduate School of Business. The institute has since then expanded on the number of management courses available.