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Faculty of Management Studies has historically conducted its entrance test on the second Sunday of January -- a week after the XAT. It has broken the tradition this year by conducting the test a month in advance -- on December 5, 2010.
The table (below) clearly shows that the 4 sections remain consistent across the years but the level of difficulty in each section keeps varying. Keeping this broad framework in mind, you are best positioned to crack the FMS by preparing well across all sections.
Must know data
Change in approach
As the number of questions is high and the available time is 120 minutes, FMS has, over the years, tested the preparedness of even the most confident CAT-XAT takers.
On one end, a serious MBA aspirant prepares for questions that check the decision-making capabilities in CAT while XAT questions are more application and inference based.
At the other, he is expected to be very good at finer nuances of actual knowledge of English, Math and Reasoning. A change in approach is what will help bridge this need-gap. Although there is not much time left, the best way to get FMS-ready is to take 3 to 4 FMS mock papers.
This will help you get a feel of how you will fare in the real test, and thereby enable you to tweak your test-taking accordingly.
Last three years' FMS exam at a glance:
Sectional strategy: Reading comprehension
Passages here are 750 words to 2,500 words long. The topics range from philosophy to finance to microbiology to intellectual property rights. They are manageable even if you are not very comfortable with the topic under consideration.
Although a few inferential questions do make an appearance, there are enough direct questions that will help you sail through the section. For example: In FMS 2010, there was a 7-page passage with 24 questions on business studies.
18 out of these 24 questions were direct -- you needed to simply locate the key word in the passage and get the answer.
Change in approach
If you were open to change from CAT-XAT (where a complete understanding of the entire passage is very important and hence reading the passage first makes sense), the best approach for FMS would be to read the questions first, and then go about locating the answer in the passage.
As your focus would be on attempting more direct (than implied) questions, the habit of reading the passage first may simply take away precious time in a 2 hour 200 question test.
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Verbal ability
A large chunk of Verbal Ability comprises synonyms & antonyms. FMS 2010 had 28 out of 50 questions in this section from Vocabulary.
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Logical and analytical reasoning
A large chunk of this section comprises caselets. Questions on data interpretation, blood relations, assumptions, input-output flow chart, arguments and syllogisms also make an appearance.
Change in approach
Data interpretation and data sufficiency are not as important here as in CAT & XAT. You may actually want to give a glance at these questions or skip them altogether with limited time at hand for your preparation. The assumption is that you would have prepared well for DI & DS questions for CAT and they will come naturally to you during the FMS mocks and actual test.
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Quantitative ability
The questions are spread across different lessons and you can choose to concentrate on your strengths. Although higher math does make an appearance, you can score more in less time by attempting other question types.
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Finally