📊 Interview at a Glance
🔥 Challenge Yourself First!
Before reading further, pause and think—how would YOU answer these actual interview questions?
1 The Digital Economy Extempore
Extempore on a business topic tests your ability to structure thoughts quickly while demonstrating knowledge of current economic trends.
Structure your response: (1) Define the topic briefly—economic activities based on digital technologies, (2) Discuss its relevance and impact—UPI transactions, e-commerce boom, remote work revolution, (3) Give real-world examples—India’s UPI doing 10+ billion transactions monthly, Amazon/Flipkart growth, digital payments adoption during COVID, (4) Conclude with your opinion or future scope—India’s Digital India initiative, potential for becoming a $1 trillion digital economy. Keep it balanced and data-driven.
2 Apple’s Most Iconic Product
This multi-layered question tests your business awareness, analytical thinking, and ability to handle deep cross-questioning on a single topic.
Be ready with facts and logical reasoning. If you say iPhone: (1) Why—revolutionized smartphones, introduced touchscreen interface, created app economy, generates ~52% of Apple’s revenue, (2) Comparison—Mac was first, iPod saved the company in 2001, but iPhone’s ecosystem effect and consistent innovation make it most iconic, (3) Improvements—right-to-repair concerns, battery life, dependence on China for manufacturing, pricing in emerging markets. Back every point with market trends or user demand data. Don’t give generic answers—the panel will cross-question.
3 The Paytm Share Crash Analysis
This tests your understanding of IPO markets, valuation principles, and ability to think beyond surface-level explanations when challenged.
Don’t just explain the business model—focus on what changed: (1) IPO pricing—Paytm was overvalued at ₹2,150, priced at 26x revenue with no clear path to profitability, (2) Market sentiment—tech stocks globally corrected post-2021, investor appetite for loss-making companies declined, (3) Regulatory challenges—RBI restrictions on new customer onboarding for Paytm Payments Bank, (4) Competitive pressure—PhonePe and Google Pay gained market share, (5) Post-IPO performance—continued losses raised concerns. When challenged about “same model,” pivot to valuation expectations vs. reality—investors expected faster profitability that didn’t materialize.
4 Fresher’s Value Proposition
For freshers, this question gauges industry exposure and learning orientation. The CTC question tests honesty and helps interviewers understand your market value.
Focus on learning, not just compensation: (1) For internship—describe the company, your role, specific projects you worked on, technologies used, and key learnings. Quantify impact if possible (e.g., “improved process efficiency by X%”), (2) For placement—mention the company, role, and be honest about CTC. Interviewers ask about CTC to gauge industry exposure, not to judge your worth. (3) Connect to MBA—explain how these experiences revealed gaps in business understanding that an MBA will fill. Avoid being defensive about CTC; treat it as data point, not validation.
🎥 Video Walkthrough
Video content coming soon.
👤 Candidate Profile
Understanding the candidate’s background helps contextualize the interview questions and strategies.
Background
- EducationB.Tech in Electronics
- Work ExperienceFresher
- Profile TypeEngineering Graduate
- Industry ExposureInternship + Campus Placement
Academic Record
- 10th Grade96%
- 12th Grade94%
- Undergraduate84%
- StrengthExceptional Academic Consistency
Interview Panel
- FormatOffline
- Panel Composition2 Female Professors
- Duration~10 minutes
- StyleIntense Cross-Questioning
🗺️ Interview Journey
Follow the complete interview flow with all questions asked and strategic insights.
Breaking the Ice & Profile Questions
💡 Strategy
Keep it structured—start with education, highlight relevant experiences (internships, projects), and end with future aspirations tied to MBA. Don’t exceed 90 seconds. Practice this answer until it sounds natural, not rehearsed.
💡 Strategy
Be honest, but focus more on the learning experience rather than just salary figures. Describe your role, projects, and key takeaways. Interviewers often ask about CTC to gauge industry exposure, not to judge financial worth. Connect the experience to why you need an MBA.
Extempore Round
💡 Strategy
Structure your response: (1) Define the topic briefly, (2) Discuss its relevance and impact, (3) Give real-world examples like UPI, e-commerce growth, digital payments, (4) Conclude with your opinion or future scope. Keep it crisp, balanced, and data-driven where possible.
Business & Tech Awareness
💡 Strategy
Choose a product you can defend confidently. iPhone is a common answer—but be ready to explain why with facts (revenue contribution, market impact, innovation). Avoid generic responses; show depth of knowledge.
💡 Strategy
Back your answer with data: iPhone generates ~52% of Apple’s revenue, revolutionized the smartphone industry, created the app economy. Mention how it changed consumer behavior and set industry standards.
💡 Strategy
Know Apple’s product history: Mac was the first (1984), iPod saved the company (2001), iPad created tablet category. Compare on metrics like revenue contribution, market disruption, and ecosystem effect. iPhone wins on scale and ecosystem lock-in.
💡 Strategy
Give improvements backed by market trends: (1) Right-to-repair concerns, (2) Battery life and fast charging lag behind Android, (3) Over-dependence on China for manufacturing, (4) Pricing strategy in emerging markets, (5) Innovation pace in recent years. Don’t be overly critical—be balanced and constructive.
Finance & Market Trends
💡 Strategy
Focus on multiple factors: (1) IPO pricing and valuation mistakes—overpriced at ₹2,150, (2) Market sentiment—tech correction globally, (3) Regulatory challenges—RBI restrictions on Paytm Payments Bank, (4) Competitive pressure—PhonePe, Google Pay, (5) Post-IPO financial performance concerns.
💡 Strategy
This is where cross-questioning gets intense. Pivot from business model to valuation expectations: Private investors had longer time horizons; public markets demanded faster profitability. Also mention: increased scrutiny post-listing, lock-up expiry leading to selling pressure, and changed market conditions (rising interest rates favored profitable companies).
📝 Interview Readiness Quiz
Test how prepared you are for your FMS Delhi interview with these 5 quick questions.
1. When asked about a company’s iconic product, what’s the best approach?
✅ Interview Preparation Checklist
Track your preparation progress with this comprehensive checklist tailored for FMS Delhi interviews.
Self-Presentation
Tech & Business Awareness
Market & Finance Knowledge
Cross-Questioning Skills
🎯 Key Takeaways for Future Candidates
The most important lessons from this intense FMS interview experience.
Be Concise—FMS Interviews Are Short and Intense
This interview lasted only 10 minutes but covered profile questions, extempore, tech awareness, and market trends. FMS panels pack a lot into limited time, so every response matters. Long-winded answers waste time and invite interruption.
Expect Relentless Cross-Questioning
The candidate faced multiple follow-ups on Apple products: Why iPhone? Compare with other products? What should Apple improve? Generic answers won’t survive this scrutiny. The panel challenged the Paytm answer with “The model was same before IPO—so what changed?”—forcing deeper analysis.
Stay Updated on IPOs, Market Trends, and Business News
Questions on Paytm’s share crash required understanding of IPO dynamics, valuation, regulatory challenges, and market sentiment. FMS expects MBA aspirants to follow business news actively, not just textbook knowledge.
Master Business-Oriented Extempore
The Digital Economy extempore required structured thinking: definition, relevance, examples, and conclusion. Unlike creative topics, business extempores need data points and real-world examples to be credible.
Confidence Matters, But Know When to Acknowledge Gaps
The candidate reflected: “I felt I could have handled some responses better, especially under pressure.” It’s okay to not know everything—but how you handle uncertainty matters. Attempting logical answers while acknowledging limits shows maturity.
❓ Frequently Asked Questions
Common questions about FMS Delhi interviews answered by experts.
How long are FMS Delhi interviews typically?
FMS interviews are known for being relatively short but intense:
- Duration: Typically 8-15 minutes, with many lasting around 10 minutes
- Intensity: Short duration doesn’t mean easy—expect packed questioning
- Coverage: Profile, extempore, domain knowledge, current affairs, and MBA motivation
- Implication: Every response matters; there’s no time for recovery from weak answers
What kind of cross-questioning should I expect at FMS?
FMS panels are known for deep cross-questioning:
- Multi-layered questions: One topic can have 3-4 follow-ups (Why? Compare? Improve?)
- Challenging your logic: “The model was same—so what changed?”
- Demanding specifics: Generic answers get probed for facts and figures
- Testing depth: Surface knowledge won’t survive; you need understanding
How do freshers perform in FMS interviews?
Freshers can perform well at FMS with the right preparation:
- Academics matter: Strong academic record (like 96/94/84) is a positive signal
- Show learning orientation: Focus on internship learnings, not just CTC
- Business awareness is crucial: Freshers must compensate for lack of work experience with knowledge
- Be honest: Don’t pretend work experience you don’t have; highlight projects and initiatives
What business topics should I prepare for FMS extempore?
FMS extempore topics often focus on business and economy:
- Economy: Digital Economy, Indian Economy, GDP Growth, Inflation
- Industry: Startups, E-commerce, Fintech, Electric Vehicles, 5G
- Policy: Make in India, Digital India, PLI Schemes, FDI Reforms
- Global: US-China Trade War, Climate Change, AI Revolution
How should I prepare for IPO and market-related questions?
Market awareness is increasingly tested in FMS interviews:
- Recent IPOs: Know Paytm, Zomato, Nykaa, LIC—issue price, current status, key factors
- Valuation basics: Understand P/E, market cap, what makes IPOs over/underpriced
- Regulatory context: RBI policies, SEBI regulations affecting companies
- Multi-factor analysis: Never attribute stock moves to single cause
What should I do if I don’t know the answer to a question?
Handling knowledge gaps gracefully is a skill:
- Don’t bluff: Experienced panels can spot fake answers immediately
- Acknowledge honestly: “I don’t have the exact figure, but based on my understanding…”
- Attempt logically: Try to reason through the question using what you know
- Show curiosity: “That’s something I’d like to learn more about”
How important is tech awareness for FMS interviews?
Tech awareness is increasingly important for all MBA interviews:
- Major tech companies: Know Apple, Google, Microsoft, Amazon—products, revenue, strategy
- Indian tech ecosystem: Flipkart, Paytm, PhonePe, Zomato, Swiggy
- Tech trends: AI, Cloud Computing, 5G, Electric Vehicles, Blockchain
- Critical thinking: Be ready to discuss improvements and challenges, not just praise
Ready to Ace Your FMS Interview?
Get access to 50+ more interview experiences, personalized mock interviews, and expert feedback.