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    FPM (Fellow Programme in Management) - Course, Eligibility, Admission, Scope

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    FPM (Fellow Programme in Management) - Course, Eligibility, Admission, Scope

    Edited By Team Careers360 | Updated on Mar 13, 2023 08:00 PM IST | #FPM

    What is Fellow Programme in Management (FPM)?

    Fellow Programme in Management (FPM) is a full-time doctoral programme that offers aspirants opportunities for research in different areas of Management. Candidates who are looking for a doctoral degree in management can opt for the FPM program. IIM’s and other b-schools offer FPM to the aspirants who like to do some serious research across areas of Economics and Public Policy, Finance and Accounting, Management Information Systems, Marketing, Operations Management and Quantitative Techniques, Organizational Behaviour and Human Resource Management and Strategy. FPM begins with doctoral level courses from the very first day indicating its resolute focus on research training.

    Highlights of FPM

    Particulars

    Values

    Degree Name

    Fellow Programme in Management (FPM)

    Degree Type

    Doctoral

    Duration

    Four years

    Eligibility

    Master’s or Post Graduate Diploma

    Admission Process

    Merit Based and GMAT/GRE/CAT /JRF scorecard

    Mode of Learning

    Full Time

    Career options after the course

    Professor, Lecturer, Project Manager,

    Top Recruiters

    HDFC Bank, HCL, Greytip Software, Britannia Industries, Reliance Brands Limited, AIM Technical and Management Services Pvt. Ltd.

    FPM Eligibility

    To pursue FPM, candidates will have to meet certain prescribed eligibility criteria. Mentioned below is some of the common FPM eligibility criteria which candidates must meet to apply for the course:

    Eligibility Criteria of FPM

    • Master’s or Post Graduate Diploma (Two years) with at least 55 per cent marks or equivalent CGPA.

    • Professional qualifications of CA, ICWA and CS with B. Com/Degree with at least 50 per cent marks or equivalent.

    • B. Tech of four year Degree with 6.5 CGPA or equivalent*

    • Also, a minimum of 12 months of professional experience, as most reputed institutes prefer candidates with work experience.

    • A valid GMAT/GRE/CAT /JRF scorecard.

    FPM Admissions

    Generally, candidates will have to figure out which B-school or IIM they want to opt for. In colleges, admission to FPM is provided based on the candidate’s performance in a relevant entrance test, conducted at any of State and national levels. However, some colleges also conduct their own entrance test as well. This is followed by a subsequent round of counselling. Candidates must be aware that counselling involves two additional rounds of Group Discussion and Personal Interview, wherein candidate’s general aptitude for the course is examined. A merit list is subsequently released by the institute allocating available seats to the qualifying candidates.

    Top Fellow Programme in Management (FPM) Exams

    GRE: The Graduate Record Examinations (GRE) is a standardised examination that is required for admission to many graduate programs in the United States and Canada.

    UGC NET: UGC NET test determines applicants' eligibility for assistant professor positions and/or Junior Research Fellowship awards at Indian institutions and colleges.

    CSIR UGC NET: The Junior Research Fellowship (JRF), Lectureship (LS), and Assistant Professor positions in Indian institutions and colleges are selected through the CSIR-NET, a national test.

    FPM Specializations

    While applying for the FPM programme, candidates will have to indicate their area of specialization. Once admitted, the students are not allowed to change their area of specialisation. Based on the pool of applications and suitability of the candidates, a specific area may decide not to offer admissions to students in an academic year. Mentioned below is the FPM Specialization areas which candidates can opt for:

    • Accounting - In this, students are trained to research contemporary issues in the field using the latest empirical research techniques.

    • Financial Economics - The programme exposes students to a stimulating breath of sub-disciplines within financial economics. In this, students are closely mentored by faculty to become skilled independent researchers and academicians.

    • Information Systems - In this student study topics in software product planning and pricing, human capital development in knowledge-intensive organisations, value of outsourcing relationships, impact of IT on firm value, society, and the organisation and value of social networks.

    • Marketing - In this students are trained to become top researchers and academics in the area of marketing.

    • Operation Management - In this student is trained to use quantitative tools and analytical frameworks from several disciplines to study managerial problems in areas such as supply chain management.

    • Organizational Behaviour - It emphasizes on the importance of individuals and teams to modern organisations.

    • Strategy - This prepares students to engage in research that addresses fundamental problems relating to business strategy.

    Advantages of Fellow Programme in Management

    A doctoral degree programme in management is known as a fellow programme. It equips students with the abilities and information of numerous management professions and functional areas. FPM provides students with numerous opportunities to build up a career in academics as faculty members and outside academics as research professionals and analysts.

    FPM Course and Syllabus

    Mentioned below is the course and syllabus of a FPM programme which includes the following topics.

    We have mentioned below the syllabus of Fellow Programme in Management offered in IIM Kozhikode. The duration of the programme is five years. The first two years of the programme include coursework and other three years include thesis. The first and second year is divided into six semesters.

    Semester 1

    Mathematics for Management Research

    Organization and Market Economics

    Philosophy of Management

    Marketing Management

    Organizational Behaviour

    Financial Markets and Instruments

    Financial Accounting

    -

    Semester 2

    Philosophy of Research

    Corporate Finance

    Probability and Statistics

    Economic Environment

    Semester 3

    Econometric Applications in Research

    Operations Management (3 credit) (OR) Leadership & Change management (2 credit)

    Multivariate Analysis

    Academic Writing

    Strategic Management

    Course of Independent Study

    Semester 4

    Qualitative Research I

    Area Courses

    One PGP Elective/ Cross-Area course

    -

    Semester 5

    Qualitative Research II

    Area Courses

    One PGP Elective/ Cross-Area course

    -

    Semester 6

    Pedagogy in Management

    Area Courses

    FPM Salary

    Depending on the job profile candidates choose, different salaries apply. However, the annual average compensation ranges from 5.75 to 60 lakhs. Here are some of the top recruiters:

    • Greytip Software Pvt. Ltd.

    • Britannia Industries Ltd.

    • HDFC Bank

    • HCL Infosystems Ltd.

    • AIM Technical and Management Services Pvt. Ltd.

    • Reliance Brands Limited

    • Institutes/Universities

    Scope of FPM

    The FPM programme aims to improve candidates' ability to do research across the board in business management. Additionally, pursuing FPM helps students in producing work that is publication-worthy and up to par with international standards as well as in building a grasp of the international business sector. Candidates might find a lot of room for growth and development with this, both in domestic and foreign markets. FPM completion allows candidates access to MNCs and other reputable businesses. Candidates may choose private employment at senior executive levels in addition to lectureship and research, where they may get positions such as:

    • Development Manager

    • Management Executive

    • Financial Management Advisory

    • Relationship Manager

    • Management Representative

    • Assistant Manager (Marketing)

    • Logistics & Customer Service Officer

    Careers Opportunities after FPM

    Numerous chances are available to individuals when they have successfully completed the FPM programme. FPM develops applicants into top-tier faculty resources and management researchers for academic institutions, business, government, and society. After FPM, some well-known employment options include:

    • Academic Careers - Candidates can opt for Professor, Lecturer in many prestigious National Institutes as enlisted below:

    • Corporate and other Careers - Numerous sectors that need professionals in their business fields are in high demand for professionals. Leading international management consulting firms need experts. Public policy institutes, Indian and international think tanks, sizable research companies, and international organisations like the UN and World Bank all aim to hire PhDs who have specialised in subjects related to their fields of study and application.

    • Public Sectors - The Government is another sector that doctoral candidates are absorbed into. They hire them as they have in-depth knowledge and expertise in that field.

    Frequently Asked Question (FAQs)

    1. What is FPM program in MBA?

    FPM or Fellow Programme in Management is a doctoral programme. Offered by the Indian Institute of Management (IIM) and other top B-Schools, it provides studies in various fields of business and management. It is a 4-year residential programme that aims to train participants for research and teaching.

    2. Is FPM equivalent to PhD?

    Yes, FPM is equivalent to a PhD.

    3. Which IIM is best for FPM?

    Indian Institute of Management Bangalore. It is ranked among top 50 B-School by Careers360.

    4. Who can apply for FPM?

    Professional qualifications like CA, ICWA or CS with at least 55 % marks or equivalent grade point average. Five year/four year Integrated Master's degree programme in any discipline, with at least 55 % marks, obtained after completing higher secondary schooling (10+2) or equivalent.

    5. Is there any age limit to apply for FPM?

    There is no age limit. However, some institutes do have the age limit factor, which ranges from 50 to 55 years of age.

    6. Is there any scholarship provided by B-schools to prusue FPM?

    Yes, lot if B-schools provide scholarship to meritorious candidates or those having a strong or exceptional profile. However, scholarship criteria for FPM may vary from institute to institute.

    7. Will candidates get stipend while pursuing FPM?

    Yes, FPM students do receive stipends. On average, the amount varies from Rs 25,000 to Rs 35,000 per month.

    8. Is it mandatory to have prior work experience to apply for FPM?

    No. However, having prior work experience will add value to candidature.

    9. Which are some of top B-schools in India that offer FPM?

    IIMs,  XLRI Jamshedpur, ISB Hyderabad and Mohali, FMS Delhi, MDI Gurgaon are a few to name.

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    Questions related to FPM

    Have a question related to FPM ?

    Hello student,

    fellow programme in management, fcm is a postgraduate doctoral program which offers students to study in the different fields of Business and Management which is offered by top business schools and IIM. The course is arrange to help the students to make a bright future as lecturers or in research field. For fpm a candidate should have admit 60% marks in his graduation. You should go through the previous year question papers.one must should work on your own interest area for research. You should prepare well for the interview also.

    HEY THERE,

    FMP or Fellow Programme is a unique and special  doctoral programme in management offered by none other than IIMS

    the Couse enables the individual  to understand the foundations of management and research methodologies and creates a perspective on existing body of management thought and develop  standards in  work.

    THERE ISNT ANY EXACT CUTOFF OF THE PROGRAMME BUT THERE ARE SOEM ELIGIBILITY CRITERIA FOR THE COURSE AND THEY ARE

    Candidates must have:

    Master’s degree WITH 60 PERC AGGREGATE

    OR

    Postgraduate Diploma (2 years) with at least 60 percent aggregate

    OR

    Professional qualifications CA, ICWA, CS  WITH BACHELORS .

    OR

    First Class/ equivalent Bachelor’s THIS HAS TO BE OF 8 SEMS

    FOR MORE INFO VISIT IIMS OFFICIAL SITE .


    There is no minimum CAT percentile or other qualifying exam score for shortlisting and admissions into the FPM programs (now PhD after passage of the IIM Bill). You have to understand that the purpose of the qualifying mark is to ensure an objective deduction of your basic skills . This is primarily used to measure your fit in the IIM system , primarily your ability to cope with the consistent level of academics , match with other candidates in one to ne discussions, and specifically the ability to understand and apply tough and rigorous statistical and methodological concepts in the pursuance of your PhD in your dissertation and attendant research/publications.

    That usually means that each interviewing panel is free to ascertain these abilities from each candidate and the overall CAT score or other requirements are a function of the combined presentation of other candidates. However, given the general increasing level of competition, it may not be safe to go into any CAT related exam / interview or evaluation with an under 90 Percentile score. If you do, you should have a capable defense of your considerations, why you think a lower score is enough for you to pursue a Phd and the general level of capabilities of your peers must also be sufficiently whittled (rofl) so that your scores may shine in comparison.

    IIMB has for example pursued a RAT to move away from a CAT specific evaluation of all incoming candidates but includes critical subject matter from Economics and Game theory as well as calculus to ascertain basic skills for FPM. Most Operations and DS areas conduct tests at different campuses or the RAT prior to FPM interviews because of their perceived unique requirements from candidates in terms of technical skills. IIMC also favors an additional round of qualitative or quantitative RAT to ensure no dependence on candidates CAT scores than the reading of basic aptitude and ability to cope with coursework

    Thanks,
    Azim
    That's a wrong question ! Not everything should be looked at from  scope point of view ,at least in today's India ,when there are choices available in different careers . I do hope ,the person asking this question belongs to that particular group of having the freedom to choose . Coming back to FPM , it's a PhD in Management subjects from IIM s and one should explore it only if they are interested in academics as a career option and huge hunger for research and analysing new topics . It's a very very intense course and unless and until one loves what he/she is aiming for , it's not at all easy to complete . The standards at IIMs are quite high and they give all facilities and support to the students to do FPM . Therefore huge amount of long term commitment is required in here. The knowledge level that you attain during an FPM is so great and enjoyable that it will put the candidate in a very different intellectual zone. The learning in itself is the reward for doing an FPM . Of course , once it's completed , one can opt for teaching roles in IIMs or other top tier MBA colleges or in Corporate . The salary levels are good in all the cases. As I said earlier , go for it only if you live academics.

    Thanks,
    Azim
    Hello Rohit,

    Based upon your CAT score and academic background, you have a bright chances of getting in to FPM programme in top colleges. Institutes gives more weightage to academic profile, score in any of the exam like CAT,  tests, and interview performance. You can consider the list of colleges for FPM programme.

    See the link below to know the https://bschool.careers360.com/colleges/list-of-fpm-fellow-program-in-management-colleges-in-india
    FPM Colleges in India - Bschool - Careers360

    Good luck!!
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    The career as a Talent Agent is filled with responsibilities. A Talent Agent is someone who is involved in the pre-production process of the film. It is a very busy job for a Talent Agent but as and when an individual gains experience and progresses in the career he or she can have people assisting him or her in work. Depending on one’s responsibilities, number of clients and experience he or she may also have to lead a team and work with juniors under him or her in a talent agency. In order to know more about the job of a talent agent continue reading the article.

    If you want to know more about talent agent meaning, how to become a Talent Agent, or Talent Agent job description then continue reading this article.

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    Talent Director

    Individuals who opt for a career as a talent director are professionals who work in the entertainment industry. He or she is responsible for finding out the right talent through auditions for films, theatre productions, or shows. A talented director possesses strong knowledge of computer software used in filmmaking, CGI and animation. A talent acquisition director keeps himself or herself updated on various technical aspects such as lighting, camera angles and shots. 

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    Multimedia Animator

    Films like Baahubali, Kung Fu Panda, Ice Age and others are both a sensation among adults and children, and the multimedia animation industry's future looks promising. A multi media jobs could be described as the activity of giving life to a non-living object. Cartoons are the work of animation. Multimedia animation is an illusion developed with the still photographs. Multimedia animators work in a specific medium. Some concentrate on making video games or animated movies. Multi media artists produce visual effects for films and television shows. Multimedia career produce computer-generated images that contain representations of the movements of an actor and then animating them into three-dimensional objects. Multi media artists draw beautiful landscapes or backgrounds.

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    Videographer

    Careers in videography are art that can be defined as a creative and interpretive process that culminates in the authorship of an original work of art rather than a simple recording of a simple event. It would be wrong to portrait it as a subcategory of photography, rather photography is one of the crafts used in videographer jobs in addition to technical skills like organization, management, interpretation, and image-manipulation techniques. Students pursue Visual Media, Film, Television, Digital Video Production to opt for a videographer career path. The visual impacts of a film are driven by the creative decisions taken in videography jobs. Individuals who opt for a career as a videographer are involved in the entire lifecycle of a film and production. 

    2 Jobs Available
    Copy Writer

    In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

    5 Jobs Available
    Journalist

    Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

    3 Jobs Available
    News Anchor

    A career as news anchor requires to be working closely with reporters to collect information, broadcast newscasts and interview guests throughout the day. A news anchor job description is to track the latest affairs and present news stories in an insightful, meaningful and impartial manner to the public. A news anchor in India needs to be updated on the news of the day. He or she even works with the news director to pick stories to air, taking into consideration the interests of the viewer.

    3 Jobs Available
    Publisher

    For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

    3 Jobs Available
    Vlogger

    In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. Ever since internet cost got reduced the viewership for these types of content has increased on a large scale. Therefore, the career as vlogger has a lot to offer. If you want to know more about the career as vlogger, how to become a vlogger, so on and so forth then continue reading the article. Students can visit Jamia Millia Islamia, Asian College of Journalism, Indian Institute of Mass Communication to pursue journalism degrees.

    3 Jobs Available
    Editor

    Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

    3 Jobs Available
    Fashion Journalist

    Fashion journalism involves performing research and writing about the most recent fashion trends. Journalists obtain this knowledge by collaborating with stylists, conducting interviews with fashion designers, and attending fashion shows, photoshoots, and conferences. A fashion Journalist  job is to write copy for trade and advertisement journals, fashion magazines, newspapers, and online fashion forums about style and fashion.

    2 Jobs Available
    Multimedia Specialist

    A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

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    Gemologist

    A career as a gemologist is as magnificent and sparkling as gemstones. A gemologist is a professional who has knowledge and understanding of gemology and he or she applies the same knowledge in his everyday work responsibilities. He or she grades gemstones using various equipment and determines its worth. His or her other work responsibilities involve settling gemstones in jewellery, polishing and examining it. 

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    Production Manager

    Production Manager Job Description: A Production Manager is responsible for ensuring smooth running of manufacturing processes in an efficient manner. He or she plans and organises production schedules. The role of Production Manager involves estimation, negotiation on budget and timescales with the clients and managers. 

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    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    Merchandiser

    A career as a merchandiser requires one to promote specific products and services of one or different brands, to increase the in-house sales of the store. Merchandising job focuses on enticing the customers to enter the store and hence increasing their chances of buying a product. Although the buyer is the one who selects the lines, it all depends on the merchandiser on how much money a buyer will spend, how many lines will be purchased, and what will be the quantity of those lines. In a career as merchandiser, one is required to closely work with the display staff in order to decide in what way a product would be displayed so that sales can be maximised. In small brands or local retail stores, a merchandiser is responsible for both merchandising and buying. 

    2 Jobs Available
    Quality Systems Manager

    A Quality Systems Manager is a professional responsible for developing strategies, processes, policies, standards and systems concerning the company as well as operations of its supply chain. It includes auditing to ensure compliance. It could also be carried out by a third party. 

    2 Jobs Available
    Production Planner

    Individuals who opt for a career as a production planner are professionals who are responsible for ensuring goods manufactured by the employing company are cost-effective and meets quality specifications including ensuring the availability of ready to distribute stock in a timely fashion manner. 

    2 Jobs Available
    Procurement Manager

    The procurement Manager is also known as  Purchasing Manager. The role of Procurement Manager is to source products and services for a company. Procurement Managers are involved in developing a purchasing strategy, including the company's budget and the supplies and as well as the vendors who can provide goods and services to the company. His or her ultimate goal is to bring the right products or services at the right time with cost-effectiveness.

    2 Jobs Available
    Metrologist

    You might be googling Metrologist meaning. Well, we have an easily understandable Metrologist definition for you. A metrologist is a professional who stays involved in the measurement practices in varying industries including electrical and electronics. Metrologists are responsible for developing processes and systems for measuring objects and repairing electrical instruments. It also involves writing specifications of experimental electronic units. 

    2 Jobs Available
    ITSM Manager

    ITSM Manager is a professional responsible for heading the ITSM (Information Technology Service Management) or (Information Technology Infrastructure Library) processes. He or she ensures that operation management provides appropriate resource levels for problem resolutions. The ITSM Manager oversees the level of prioritisation for the problems, critical incidents, planned as well as proactive tasks. 

    3 Jobs Available
    Computer Programmer

    Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

    3 Jobs Available
    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    IT Consultant

    An IT Consultant is a professional who is also known as a technology consultant. He or she is required to provide consultation to industrial and commercial clients to resolve business and IT problems and acquire optimum growth. An IT consultant can find work by signing up with an IT consultancy firm, or they can work on their own as independent contractors and select the projects they want to work on.

    2 Jobs Available
    Data Architect

    A Data Architect role involves formulating the organisational data strategy. It involves data quality, flow of data within the organisation and security of data. The vision of Data Architect provides support to convert business requirements into technical requirements. 

    2 Jobs Available
    AI Data Analyst

    An AI Data Analyst is responsible for procuring, preparing, cleansing and modelling data utilising machine learning models and new analytical methods. He or she designs and creates data reports in order to provide support to stakeholders to make better decisions. 

    2 Jobs Available
    Automation Test Engineer

    An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

    2 Jobs Available
    UX Architect

    A UX Architect is someone who influences the design processes and its outcomes. He or she possesses a solid understanding of user research, information architecture, interaction design and content strategy. 

     

    2 Jobs Available
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