You need to apply online for MBA admission at FMS Delhi website with application fees of Rs.1000
Step by Step admission process for FMS Delhi MBA admission is given below:

Register and Apply for CAT exam as FMS Delhi will consider only CAT score in its admission process. Applicants who have not taken CAT exam will not be considered for admission.
Separately Apply for FMS Delhi admission by paying requisite application fees
The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT to be considered for first stage shortlisting process for admission at FMS Delhi. FMS shortlists around 2000 candidates for final selection round for admission to 190 seats in MBA programme
The shortlisting for final selection round in FMS Admission Criteria awards 100% weight to CAT exam score. In the shortlisting criteria, the candidate is awarded weightage to sectional percentile scores in CAT exam. Score in Quantitative Ability (QA) section is awarded 30% weight; the Data Interpretation & Logical Reasoning (DILR) section also carries a weight of 30% while the Verbal Ability and Reading Comprehension (VARC) section carries highest weightage of 40%. An additional 5 marks are added to the Weighted score in case of women candidates for the purpose of shortlisting.
Shortlisted Candidates have to attend PI and extempore round in final selection process in April. FMS Delhi also expects a consistent and minimum performance in the different parameters of PI round.
After the PI round, admission offers are made by FMS Delhi to successful candidates. The final selection is based on performance in CAT, performance in PI round, academics among others. Category wise merit list will be generated based on Final Score
Final Admission Offer will be made to the candidates in April/May on the basis of composite Score arrived after awarding the weightage scores on all the components.

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