Compare MFA and FPM: eligibility, entrance exams, salaries, recruiters, and FAQs.
Based on salary, fees, return on fees, admission routes and career options. Figures are midpoints of the ranges reported across colleges.
FPM graduates report a higher typical average salary (₹ 17.8 L vs ₹ 6.7 L for MFA).
MFA is the more affordable option (typical fees ₹ 3.3 L vs ₹ 23.9 L for FPM). Government colleges bring it to about ₹ 1.2 L.
One year of average salary for MFA covers about 2.0× its average fees, compared with 0.7× for FPM.
MFA admits via CUET; FPM admits via CAT, UGC NET and 8+ more.
Comes out ahead on the most parameters in this comparison.
A good pick if its strengths match your priorities.
Match the choice to what matters most to you.
MFA leads on lower average fees (₹ 3.3 L) and better salary-to-fees ratio (2.0×). FPM has the edge on higher average salary (₹ 17.8 L). Weigh these against your eligibility, preferred entrance exams and career interests.
Key Metrics
Average Salary
₹ 3.6 L - ₹ 9.8 L
Median Salary
₹ 1.8 L - ₹ 17.9 L
Average Fees
₹ 2.0 K - ₹ 6.6 L
Top Recruiters
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Key Metrics
Average Salary
₹ 17.8 L
Median Salary
₹ 30.8 L
Average Fees
₹ 22.0 K - ₹ 47.6 L
Top Recruiters
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For MFA, the most frequently associated entrance exams (by programme–college hits) are: CUET. Figures aggregate active college–programme mappings across all colleges for each course.
For FPM, the most frequently associated entrance exams are: CAT, UGC NET, GATE, XAT, GRE, GMAT, ATMA, CSIR NET, AIMA MAT, CMAT. Figures aggregate active college–programme mappings across all colleges for each course.
FPM shows a higher midpoint within its salary span (₹17,80,000) than MFA (₹3,60,000 – ₹9,81,000).
MFA has a lower midpoint within its fees span (₹1,970 – ₹6,60,000) than FPM (₹22,000 – ₹47,60,000).
The most common duration shown is 2 years for MFA and 4 years for FPM.