Issue
The FMOD Studio for Windows installer for versions 2.02.11 through 2.02.15 is missing a file called plugins\fmod_controller_output.dll. This means you can’t select FMOD Controller output as the output device in FMOD Studio in the affected versions.
Workaround
Get FMOD Studio 2.02.10, find the file plugins\fmod_controller_output.dll, copy that file into the plugins directory of your affected FMOD Studio install.
This issue has been fixed in the upcoming 2.02.16 release.