Hello Sai,

PGPM :-

The two-year full-time Post-Graduate Programme in Management (PGP) is the flagship programme of IIMs. Its main objective is to develop young men and women into competent professional managers, capable of working in any sector of organized activity, proceeding leadership and achieving excellence in performance while contributing to the welfare of the larger society. The programme specifically attempts to:

Equip students with the required conceptual and interpersonal skills and sense of social purpose for managerial decision-making,
Develop leadership capabilities to act as change agents and be a source of motivation in the organizations they work in,
Nurture the desire to excel in performance without compromising integrity, honesty and fairness.
It is equivalent to the Masters in Management program for entry to mid career professionals. It is usually slightly at a higher level that MIM and slightly below MBAs offered by universities abroad.

FPM:-

The Fellow Programme in Management (FPM) is the doctoral programme of the Indian Institute of Management . The objective of the programme is to provide students with necessary skills to identify and research complex issues in the field of management. FPM seeks candidates with outstanding academic backgrounds, intellectual curiosity and discipline needed to make scholarly contribution.

FPM is a research programme. To the selected students, IIM provides an excellent environment for carrying out advanced research, thus creating highly committed researchers trained in the most recent methodologies and engaged in producing original research work.

IIM’s doctoral programme provides a diverse set of opportunities for interdisciplinary education and research. The small entering class ensures close interaction with the faculty, where students can determine their own directions under the guidance of their thesis advisory committees.

The student becomes part of one of the eleven functional/sectoral groups and acquires the basic theoretical knowledge and practical aspects of the area. This allows close interaction with faculty members, who provide the intellectual stimulation and help develop the student’s own research interests and professional goals. The programme is strongly committed to preparing thought leaders both for the academic and corporate world.

Students spend generally a little over four years that includes two years of rigorous course work. Course work in the first year provides a general management overview and develops basic skills for analyzing managerial problems. In the second year, students take advanced doctoral level courses in their areas of specialization. The doctoral dissertation, for the next couple of years, provides them with an opportunity to make original contribution to an area of management or to one of its source disciplines.