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

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

Edited By Moksh Dheri | Updated on Nov 08, 2024 10:46 AM IST | #FPM

Fellow Programme in Management or FPM is a full-time doctoral degree programme offered by many leading institutes. In India, more than 50 educational institutes offer this course. The course curriculum of FPM includes subjects related to management which the students may not have studied at master's level degrees. The courses are of three months duration. It trains the graduates for research and lab work in the field of management.

This Story also Contains
  1. FPM Course Details
  2. FPM Eligibility Criteria
  3. Top Fellow Programme in Management (FPM) Exams
  4. FPM Subjects/Syllabus
  5. Careers Opportunities after FPM

During the course curriculum, students can develop in-depth knowledge of theoretical and practical subjects in the discipline of management. It also encourages research in contemporary areas of management. It focuses on addressing current business issues. Students can apply in both part-time and full-time modes.

IIM and other b-schools offer FPM to 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.

What is FPM Full Form?

The full form of FPM is Fellow Programme in Management, it is a doctoral-level degree programme offered by many leading business schools in India. After graduation, students can take on various job roles such as professor, financial analyst, lecturer, and consultant.

FPM Course Details

ParticularsValues

Degree Name

Fellow Programme in Management (FPM)

FPM Course Type

Doctoral

FPM Course Duration

Four years

FPM Eligibility

Master’s or Post Graduate Diploma

FPM Admission Process

Merit-Based and GMAT/GRE/CAT /JRF scorecard

FPM Mode of education

Full-Time (Some colleges may provide the course in a part-time format)

FPM Career options

Professor, Lecturer, Project Manager, Financial Analyst, Consultant

FPM Top Recruiters

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

FPM Fees Structure

The fee structure of FPM depends on the institute. Candidates can check the official website for other details. It is influenced by various factors such as the institute's ownership and the facilities available for students. The fees range from Rs. 1.50 Lakhs to Rs. 13.50 Lakhs.

Why Study FPM Course?

Choosing an FPM course has many benefits for students. It is a doctoral degree programme of four to five years duration requiring rigorous hard work. It provides the students with resources, support, guidance, and a chance for professional networking. It prepares the graduates for a research and academic career in management.

FPM Eligibility Criteria

To pursue the course, candidates will have to meet certain prescribed eligibility criteria. They can check the official website of the institute or the programme brochure to find the details. Only eligible students will be admitted for the course. In the table below, we have listed the eligibility details of the FPM (Fellow Programme in Management) course.

Eligibility ParametersDetails
Educational QualificationB.E/Tech degree or its equivalent from a recognised Institute in India

Bachelor's degree of minimum three years duration, followed by masters or MBA

Integrated master's degree of four to five duration
Minimum aggregate requirements50-60 per cent in aggregate (depending on the degree)
Professional Qualification

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

Work Experience1 year of work experience (if required)

FPM Admission Procedure

The admission process for FPM varies depending on the institute. Admission to FPM is provided based on the candidate’s performance in a relevant entrance test, conducted at any of the State and national levels. However, some colleges also conduct their 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 Interviews, wherein the 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.

  • Students should fulfil the eligibility criteria before applying for admission.
  • Candidates should register themselves by filling out the online application form.
  • They should appear for relevant entrance examinations, as required by the institutes.
  • Apart from entrance exams, many colleges also conduct personal interviews or group discussion sessions.
  • Shortlisted candidates should pay the course fees and submit relevant documents to conclude the admission procedure.

Top Fellow Programme in Management (FPM) Exams

Exam NameExam LevelConducting BodyExam Schedule
CATNational-LevelIIM CalcuttaCAT Exam Date
GREUniversity-levelEducational Testing Service-
UGC NET
National-levelNational Testing Agency-

FPM Cutoff

Cutoff score is the final stage of the admission procedure and is used to filter the deserving candidates. FPM cutoff score is influenced by various factors such as the prestige and stature of the institute, the difficulty of the entrance examination, and the number of prospective candidates. They can check the official website of the institute or contact the institute to know the cutoff score.

FPM Subjects/Syllabus

The course curriculum of FPM is very rigorous and involves a lot of hard work and dedication. In the first year of FPM, students learn basic concepts related to business communication, finance and accounting, marketing, and organisational behaviour. It also prepares the graduates to build a strong foundation in functional areas of management. Listed below is the course curriculum of Lal Bahadur Shastri Institute of Management.

FPM 1st Year Syllabus

The syllabus of FPM for the first year includes two modules. In the table below we have provided the syllabus of FPM.

Module 1Module 2
Contemporary Management ResearchStatistics for Research
Research MethodologySystem Approach to Management
-Academic Writing
-Elective 1
-Qualitative Research
-Minor Rease

FPM 2nd Year Syllabus

In the second year, students will study subjects such as advanced data analytics and research seminars. It will also include a thesis or research work. In the table below, we have listed the second year of the FPM course.

Module 3Module 4

Advanced-Data Analytics

Thesis Title Defense

Elective II

-
Research Seminar-

FPM 3rd Year Syllabus

In the third year of FPM, there will be two seminars, progressive seminar 1 and progressive seminar 2

FPM 4th Year Syllabus

The final year of FPM will include a pre-thesis presentation and viva voce

What After FPM?

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.

Careers Opportunities after FPM

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

Job ProfilesJob Descriptions
Management ExecutiveManagement Executives are professionals responsible for improving the managerial and leadership practices in a company. They also manage relationships with investors and stakeholders of a company.
ProfessorProfessors are educationists at a college or a university. They are responsible for giving lectures on their specialised field. They also have written many research papers and are highly skilled in their field.
Relationship ManagersRelationship Managers are professionals who are responsible for the retention and satisfaction of customers. They are also responsible for conflict resolution.
Source: AmbitionBox

Salary After FPM

The salary after the FPM course depends on various factors, such as the work location, skills and experience of the candidate, and the job role opted. In the table below, we have mentioned the average salary after the FPM course.

Job ProfilesAverage Salary
Management ExecutivesRs. 3.7 LPA
ProfessorRs. 16.1 LPA
Relationship ManagerRs. 5 LPA

Salary Source: AmbitionBox

Top Private FPM Colleges in India

There are many private FPM colleges in India. Private institutes are known for their good placements and infrastructure. The fees may be on a higher side. In the table below, we have mentioned the top private FPM colleges in India.

CollegesFees
MDI GurgaonRs. 6.89 Lakhs
Great Lakes Chennai (GLIM)-
IMT Ghaziabad-
IMI DelhiRs. 6.35 Lakhs
IRMA AnandRs. 1.01 Lakhs
IMI BhubaneswarRs. 6.37 Lakhs
BIMTECH Greater NoidaRs. 3.40 Lakhs

Top Government FPM Colleges in India

Government institutes are generally more affordable than private counterparts. They also offer good education facilities. Listed below are some of the popular government FPM colleges along with their respective fees.

CollegesFees
IIM LucknowRs. 7.50 Lakhs
IIM RohtakRs. 7.46 Lakhs
CIMP Patna-
Indian Institute of Management Lucknow Noida CampusRs. 7.50 Lakhs
IIPM BangaloreRs. 2.78 Lakhs

To conclude, FPM or Fellow Programme in Management is an excellent course. It prepares the graduates for senior-level job roles in corporate. They are also prepared for research-level positions in the field of management.

Frequently Asked Questions (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 ?

Hi,


Yes, it is totally okay to apply for both FPM and PGP in an IIM but only if you are eligible for both of them. This wouldn't cause any problem in future but you should be ready with some explanation of why you chose to apply to both of them. Though there is a very low chance of anyone asking you about it as the interviews for both the programs are different.


I hope this helps,

All the best.


Hello aspirant,

I hope that you are doing great.

If you want to do FPM at IIM, then I would like to tell you that it is rather focused on research. It's a PhD programme. If you are interested into making carer in academics and research and teaching then this programme is good for you.

The FPM course, or the Fellow Program in Management, is a 4 year long doctoral course in the various specializations of management. It is considered an ideal degree for students who want to pursue managerial roles or pursue an academic career in the future.

FPM specializes in Information Systems, Business Policy, Human Resource Management, Innovation and Management in Education, Strategy, etc.

So, here is the decreasing cut off trends for various IIMs for FPM course :

IIM bangalore

IIM Lucknow

Woxsen University, hyderabad

MDI Gurgaon

ISB Hyderabad

SPJIMR Mumbai

IMI Delhi

IMR Ranchi

IIMT Ghaziabad

And many more.

Further, for more details on various colleges, you can check the below article :

https://bschool.careers360.com/colleges/list-of-top-iim-colleges-in-india

I hope that this will help.

Hello there,

While IIMs, XLRI, ISB and other stand-alone institutes offer a fellow programme in management ( FPM ), universities and the IITs and NITs offer a ' PhD ' in management. The difference between a PhD and FPM is similar to the distinction between an MBA and PGDM.

This is the eligibility criteria The applicants must have completed master's degree or equivalent with at least 55% marks (without rounding off) in Humanities (including languages) and Social Science, Computer Science and Applications, Electronic Science, etc., from UGC -recognised universities/institutions.

Thank you.

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.

Dear Rahul, these are various programmes offered at various IIMs.

PGP-FABM is a Post Graduate Programme in Food and Agri Business Management course offered in IIM Ahmedabad. The selection of candidates for admission to PGP-FABM at IIM Ahmedabad is a two-step process. In the first step, candidates will be short-listed for Group Discussion and Personal Interviews from among candidates who have applied for the programme and have a valid CAT score and satisfy the eligibility criteria for the programme.


PGP stands for Post Graduation Programme in Management

FPM is a Ph.d/Fellowship program for research opportunities. It takes 4 to 6 years to complete this course.


In regards to Selection of IIM Programmes and Cities, you can select any no.of programmes and cities. Make sure you select the same city for Interview across. And for exam centre, you can give 4 options and the authorities will select your exam city for you. So in short, you have to select the programme that you are interesred in that particular IIM
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