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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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Other researchers focus on specialities like computational linguistics, which seeks to better match human and computer language capacities, or applied linguistics, which is concerned with improving language education. Still, others work as language experts for the government, advertising companies, dictionary publishers and various other private enterprises. Some might work from home as freelance linguists. Philologist, phonologist, and dialectician are some of Linguist synonym. Linguists can study French, German, Italian

2 Jobs Available
Public Relation Executive
2 Jobs Available
Travel Journalist

The career of a travel journalist is full of passion, excitement and responsibility. Journalism as a career could be challenging at times, but if you're someone who has been genuinely enthusiastic about all this, then it is the best decision for you. Travel journalism jobs are all about insightful, artfully written, informative narratives designed to cover the travel industry. Travel Journalist is someone who explores, gathers and presents information as a news article.

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

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
Production Manager
3 Jobs Available
Merchandiser
2 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Metallurgical Engineer

A metallurgical engineer is a professional who studies and produces materials that bring power to our world. He or she extracts metals from ores and rocks and transforms them into alloys, high-purity metals and other materials used in developing infrastructure, transportation and healthcare equipment. 

2 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
QA Manager
4 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
ITSM Manager
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
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
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