FPM (Fellowship Programme in Management) Course: Fees, Exams, Admission 2025, Syllabus, Jobs

Updated on Feb 14, 2025 03:02 IST

FPM full form is Fellow Programme in Management which is a doctoral programme, which offers studies in various fields of business and management. The FPM course is a 4-year residential course that aims to train participants for research and teaching. 

Usually, the FPM admission is based on Master's degree scores but many colleges also take CAT, MAT, XAT, CMAT and ATMA scores into account. To be eligible for the FPM course, candidates must make sure to have passed an MBA with at least 55% in aggregate.

Candidates can pursue FPM courses from both government and private colleges including various top IIMs like IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, or other colleges like XLRI Jamshedpur, FMS, and ISB. The MBA degree fees range from INR 10 lakh - INR 25 lakh, depending on the college. The average FPM course fee ranges between INR 40,000 and INR 7.87 Lakh.

Once candidates graduate from the FPM course, they can opt for job profiles such as Management Executive, Relationship Manager, Financial Management Advisor, etc. The average FPDm salary offered in India ranges between INR 2.4 LPA and INR 13.8 LPA.

FPM Courses Latest Updates:

  • XAT result 2025 has been declared. Candidates can check their XAT result and download the scorecard from the official website of XAT or XLRI, Jamshedpur by using their login credentials.

FPM Course Details: Highlights

Fellow Programme in Management is a course or program that typically covers various aspects of financial planning, analysis, and management within a business context. 

Candidates can check the table below to see the key points of the FPM course.

Details

Particulars

FPM Course Level

Doctorate

FPM Course Duration

3 years

FPM Course Fee

INR 40,000 - INR 7.87 L

FPM Admission Criteria

Merit-Based/Entrance-Based

FPM Entrance Exams

CAT, MAT, XAT, CMAT and ATMA

FPM Popular Colleges

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI Xavier School of Management, etc.

FPM Job Profiles

Management Executive, Relationship Manager, Financial Management Advisor, etc.

FPM Average Salary

INR 2.4 LPA - INR 13.8 LPA

FPM Top Recruiters

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

Note: This information is sourced from the official website and may vary.

Fellow Programme in Management topics you may be interested in:

Top Distance MBA Colleges in Human Resources Management

Top 10 MBA in HR Colleges in India

Q:   What is FPM course all about?
A:

FPM Course typically refers to a dual-degree programme that combines a Master of Business Administration (MBA) with a Doctorate in Philosophy (PhD) or a Fellow Program in Management (FPM). This integrated programme offers both practical business knowledge and research-oriented academic rigour.

Q:   Is FPM better than an MBA?
A:

FPM is a doctoral-level programme which emphasizes theoretical frameworks, and advanced research methodologies and contributes to the generation of new knowledge in the field of management.

On the other hand, MBA programs are more practical and application-oriented and cover a wide range of business disciplines such as finance, marketing, operations, strategy, and leadership. MBA graduates are prepared for managerial roles in various industries, emphasizing problem-solving, decision-making, and leadership skills required in the corporate world.

Candidates can check the table below to see the comparison between the two.

Details

FPM

MBA

Course Level

Doctorate

PG

Course Duration

3 years

2 years

Course Fee

INR 40,000 - INR 7.87 L

INR 2 Lacs - INR 27 Lacs and above

Admission Criteria

Merit-Based/Entrance-Based

Entrance Exam + Group Discussion + Personal Interview

Entrance Exams

CAT, MAT, XAT, CMAT and ATMA

CAT, CMAT, XAT, MAH MBA CET, etc.

Popular Colleges

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI Xavier School of Management, etc.

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, Indore, IIM Kozhikode, etc. 

Job Profiles

Management Executive, Relationship Manager, Financial Management Advisor, etc.

Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc.

Average Salary

INR 2.4 LPA - INR 13.8 LPA

INR 5 LPA - INR 25 LPA

Top Recruiters

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

Boston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc.

Q:   Is FPM a good course?
A:

Yes, pursuing a Fellow Program in Management (FPM) can be an excellent choice for individuals with a passion for research, academia, and in-depth exploration of management theories. 

Here's why FPM can be a valuable course:

  • Research Focus
  • Academic Rigour
  • Career in Academia
  • Specialized Knowledge
Q:   What is the full form of FPM?
A:

FPM stands for Fellow Programme in Management. This is a doctoral-level programme that prepares students to become researchers and educators in the field of management. The programme aims to develop scholars capable of making significant contributions to management and influencing positive change in the Business world.

Q:   Who should opt for FPM Course?
A:

An FPM Course is typically designed for individuals who aspire to pursue a career in academia, research, or high-level consultancy. Here are the types of candidates who often opt for an FPM:

  • Passion for Research: Those with a strong inclination toward academic research, seeking to delve deep into a specific field of study.
  • Desire for Teaching: Aspiring professors who want to contribute to academia by teaching and conducting research.
  • Mid-to-Senior Level Professionals: Individuals with considerable work experience seeking advanced expertise in a specialised area within management.
Table of content
  • FPM Course Admission 2025
  • FPM Cousre Entrance Exams
  • FPM Syllabus
  • Best FPM Colleges in India
  • Popular Private FPM (Fellowship Programme in Management) Colleges in India
  • FPM Career Scope: Job Profiles, Salary and Top Recruiters
  • FAQs on FPM Course
  • Popular FPM (Fellowship Programme in Management) Specializations
View More

FPM Course Admission 2025

Here is the general step-by-step guide for Admission in FPM Course:
  • Step-1 Choose the program:

First research and choose the program then look for universities or colleges that offer a Fellow Programme in Management. Don't forget to Review the curriculum, specializations, faculty, and facilities after that check academic qualifications, entrance exam requirements, and any additional criteria.

  • Step-2 Prepare Required Documents: 

Prepare all the documents beforehand so that no last-minute issues occur. The documents include academic mark sheets, certificates, Standardized Test Scores (CAT, MAT, XAT, etc), and letters of recommendation.

  • Step-3 Fill out the Application Form and Pay the Fees: 

Complete the application form provided by the institution. This may be done online or on paper and pay any required application fees.

  • Step-4 Entrance Exams (if applicable): 

If the program requires an entrance exam, such as a common MBA entrance test or a specific university's test, register and prepare for it. Take the exam and wait for the result.

  • Step-5 Submit Application: 

Submit all required documents along with the completed application form. Always ensure that all documents have been received and verify the status of your application.

  • Step-6 Interview (if applicable): 

Some programs require a personal or virtual interview Attend it and demonstrate your motivation, skills, and suitability for the program.

  • Step-7 Await Admission Decision: 

Monitor the admission portal or your email for updates on the results. If accepted an official offer letter will be provided by the university.

  • Step-8 Confirm Enrollment: 

Confirm your intention to enroll in the program and Pay the required enrollment or tuition Fees.

  • Step-9 Prepare for the Start of Classes: 

Follow instructions for course registration and orientation. If needed, arrange for on-campus or off-campus housing and attend any orientation sessions to familiarize yourself with the campus and program.

  • Step-10 Start Classes: 

Attend classes and start your academic journey.

Note: Be sure to check the specific requirements and deadlines for each program as they can vary. Some programs may also have additional steps or unique requirements.

FPM Eligibility Criteria

The FPM eligibility criteria can vary depending on the institution offering the course. However, here are some common eligibility criteria for FPM is as follows:

  • For FPM, the candidate must have a Master's degree or its equivalent in any discipline with at least 55 percent marks in aggregate (50 percent for SC/ST candidates).
  • In Graduation or equivalent, the candidate must have scored at least 60 percent marks in aggregate (55 percent for SC/ST candidates).
  • Candidates with five/four-year Integrated Master's degree programs in any discipline, with at least 55 percent marks in aggregate (50 percent for SC/ST candidates), obtained after completing higher secondary schooling (Class 12) or equivalent, can also apply for FPM.
  • Candidates with a BE/BTech degree or its equivalent, at least 60 percent marks in aggregate (50 percent for SC/ST candidates), and two years of relevant work experience are also eligible to apply.
Q:   What is the eligibility criteria for FPM?
A:

Candidates can check the eligibility criteria for FPM below:

  • For FPM, the candidate must have a Master's degree or its equivalent in any discipline with at least 55 per cent marks in aggregate (50 per cent for SC/ST candidates).
  • In Graduation or equivalent, the candidate must have scored at leeast 60 per cent marks in aggregate (55 per cent for SC/ST candidates).
  • Candidates with five/four-year Integrated Master's degree programmes in any discipline, with at least 55 per cent marks in aggregate (50 per cent for SC/ST candidates), obtained after completing higher secondary schooling (Class 12) or equivalent can also apply for FPM.
  • Candidates with a BE/BTech degree or its equivalent with at least 60 per cent marks in aggregate (50 per cent for SC/ST candidates) with two years of relevant work experience are also eligible to apply.
Q:   What is eligibility for FPM at IIM?
A:

The eligibility criteria for the FPM at Indian Institutes of Management (IIMs) can vary slightly among different IIMs. However, here are the general eligibility criteria for FPM programs at IIMs:

  • Candidates should have a master's degree or a postgraduate Diploma (2 years) in any discipline with at least 55% marks (or equivalent) in aggregate. 
  • While not mandatory, most IIMs prefer candidates with relevant work experience after completing their master's degree or professional qualification.
  • Candidates may need to have a valid score in a standardized test such as CAT, MAT, XAT, CMAT, etc.
Q:   What is the eligibility for FPM at FORE School of Management?
A:

Candidates need to pass a master’s degree or its equivalent in Engineering and Technology/ Management/ Economics/ Social of Science/ Biological Science/ Pure Science/ Commerce/ Humanities with first-class score to apply for FORE School of Management FPM programme. 

Those appearing for their final examination in their respective discipline can also apply. Such students, if shortlisted, shall be provisionally admitted, provided they fulfill all requirements in obtaining their master’s degree before September of the admission year.

Q:   Can I do FPM after MBA?
A:

Yes, you can pursue FPM after completing your MBA. In fact, many individuals choose to pursue doctoral studies like FPM after gaining some practical experience and obtaining an MBA for several reasons.

Admission to FPM programs often requires a strong academic background, research aptitude, and meeting the specific eligibility criteria set by the institution offering the program.

Q:   How should one prepare to clear the selection process for admission in FPM at IIMs?
A:

Getting Admission into an FPM course at an IIM is a rigorous process. Here are some steps to prepare for the selection process:

  • Clear and Concise: Craft a compelling SoP that highlights your research interests, career goals and how the FPM aligns with your aspirations.
  • Alignment with Faculty: Mention faculty members whose research aligns with your interests.
  • Choose Wisely: Select referees who can vouch for your academic abilities, research potential, and professional accomplishments.
  • Guidance: Provide them with information about the FPM programme and your goals.
  • Mock Interviews: Practice answering questions related to your research interests, motivations, and how the FPM fits into your career trajectory.
  • Know Current Affairs: Stay updated with recent developments in your field and be prepared to discuss them.
Q:   Can I apply for the FPM course with an MBBS degree?
A:

Yes, candidates can apply for the FPM course with an MBBS degree. The college encourages applicants with professional qualifications such as MBBS, BDS, B. Pharm, BHMS/BAMS or other equivalent AYUSH degrees, B.Sc. Nursing, and BE/BTech, provided they have a minimum of 60% overall (with a relaxation of 5% for SC/ST candidates) or an equivalent grade point. Additionally, these candidates should possess at least two years of experience working in the health or relevant sector after obtaining their degree.

FPM Cousre Entrance Exams

There are several entrance exams that candidates might need to take for admission into FPM courses, especially at the graduate level.FPM aspiring candidates should thoroughly prepare and strategize for these exams to enhance their chances of securing admission to esteemed Colleges for FPM courses in India. Some of the FPM Course exams include:

Fellow Programme in Management

Exams

Fellow Programme in Management

Exam Dates

Fellow Programme in Management

Exam Schedule

CAT 2025

Nov '25 (Tentative)

CAT Exam Date 2025

MAT 2025

MAT 2025 PBT - 09 Mar '25

MAT 2025 CBT - 23 Mar '25

MAT Exam Date 2025

CMAT 2025

Jan '26 (Tentative)

CMAT Exam Date 2025

XAT 2025

Jan '26 (Tentative)

XAT Exam Date 2025

UGC NET 2025 Jun '25 (Tentative) UGC NET Exam Date 2025
CSIR NET 2025

28 Feb '25 - 02 Mar '25

CSIR NET Exam Date 2025

Note: This information is sourced from the official website and may vary.

Enhance your skills for FPM Entrance Exam 2025:

Click to Read CAT Previous Year Papers

Click here to practice MAT Mock Test 2025

Click here to practice CAT Mock Test 2025

Click here to practice CMAT Mock Test 2025

Important Exam Dates

DatesUpcoming Exam Dates
13 Jun ' 25 - 23 Jun ' 25

Special OJEE registrations 2025

ONGOING
05 Jun ' 25 - 30 Jun ' 25

TANCET Counselling Registration & Uploading of Certificates

ONGOING
18 Jun ' 25

IPU CET 2025 (Lateral Entry for BSc Graduates Code 129) Verification of Documents and Allocation of Seats - 2nd Counselling

21 Jun ' 25

TGICET Preliminary Answer Key Publication

22 Jun ' 25

Karnataka PGCET exam date (MBA/MCA)

22 Jun ' 25 - 26 Jun ' 25

TGICET Answer Key Objection Facility

Jun ' 25

Release of Karnataka PGCET Provisional Answer Key

TENTATIVE
DatesPast Exam Dates
08 Jun ' 25

MAT 2025 CBT (May)

31 May ' 25

MAT 2025 PBT (May)

05 Apr ' 25 - 25 May ' 25

MAT 2025 Registration Process PBT (May)

Q:   What is sectional cutoff in CAT exam?
A:

Sectional cut-off in the CAT exam refers to the section-wise percentiles required by the candidate to make it to the Personal Interview round of the IIMs or other top MBA colleges. The sectional cut-offs are lower than the overall cut-offs of any institute. To understand better, check the table below for sectional CAT cut-offs for IIM Ahmedabad:

Category

VARC percentile

DILR percentile

QA percentile

Overall percentile

General

70

70

70

80

NC-OBC-Transgender

65

65

65

75

SC

60

60

60

70

ST

50

50

50

60

PwD (General, NC-OBC-cum-transgender, SC)

60

60

60

70

PwD (ST)

50

50

50

60

For sectional cut-offs of all IIMs, check this article – IIM shortlist and selection criteria

Q:   What is MAT exam for?
A:

MAT exam is conducted for admission to MBA and PGDM or PGP programmes offered by over 800 B-Schools in India. The exam is conducted multiple times in four phases - February, May, September and December. It is conducted by the All India Management Association (AIMA). Candidates can appear for the MAT exam in any session any number of times. The score of the latest attempt will be taken into consideration for MBA Admission. 

There are three modes to MAT. Computer Based Test (CBT), Paper Based Test (PBT) and Internet Based Test (IBT). In every exam phase, MAT CBT and PBT are conducted once, and IBT is conducted 3-5 times.  

Q:   Is CMAT easier than CAT?
A:

Yes, CMAT is much easier that CAT exam. Despite the fact that CMAT and CAT syllabus are same and that CMAT has two more sections than CAT the former is much easier than the latter. The CAT exam is usually of moderate to high difficulty level, whereas the CMAT exam is of easy to moderate difficulty level.

There are key differences between CMAT and CAT which make the former easier. There is no sectional time limit in CMAT so candidates do not face the pressure of completing a given section within certain time limit. In CAT there are 4-5 Reading Comprehension passages which are 500-600 words, and 12-14 question.

In CMAT there is usually, only one Reading Comprehension passage, having 4 questions. The Quantitative Aptitude questions of CMAT are also easier than CAT and so are Logical Reasoning and Data Interpretation questions. It is easier to score high percentile in CMAT as the number of applicants is more than one Lacs less in CAT.

FPM Syllabus

The syllabus for the FPM course can vary depending on the institution and the level of study (undergraduate, graduate, or doctoral). FPM Course Syllabus is designed to provide students with a thorough awareness of the various aspects of the management sector and its role in the corporate world. 

However, here's a general overview of topics commonly covered in FPM courses:

FPM Course Subjects Semester 1
Research Methodology Financial Cost and Accounting Economic Development
FPM Course Syllabus Semester 2
Strategy in Financial Management Security Analysis Economics: Theory, Policies, and Applications
FPM Course Subjects Semester 3
Financial Econometrics Written Analysis and Cost Accounting Public Expenditure and Financial Administration
FPM Course Syllabus Semester 4
Financial Markets, Governance, and Institutes Micro Finance Fixed Income Securities
FPM Course Subjects Semester 5

Corporate Restructuring

Advance Corporate Finance ------

FPM Course Syllabus Semester 6

Data Collection and Dissemination

---- Financial Engineering

Note: This information is sourced from the official website and may vary.

FPM Course Relevant Links:

Union Budget 2025: Management Institutions respond to Allocation for IIMs and Educational Reforms

Study Abroad: UK Universities Highlight Job Market Readiness and Entrepreneurial Support for Indian Students

Q:   What is the syllabus of FPM course?
A:

The Syllabus for a Fellowship Program in Management (FPM) varies by institution to institution. The programme structure is designed to develop academic researchers and thought leaders of the highest global standards who are keen to address real-life business problems through their research. The Common Subjects includes:

  • Marketing Management
  • Operations Management
  • Organizational Behaviour & Human Resource Management
  • Financial Management
  • Business Analytics
  • Economic Environment and Policy
  • Information Technology Management
  • Strategy
  • Innovation and Entrepreneurship
  • Business Communication 
Q:   Is the CAT syllabus difficult?
A:

Yes, the difficulty level of CAT syllabus is very high as compared to other MBA entrance exams. However, if you prepare well and follow the CAT exam pattern well, you will be able to score well. Besides having an understanding of the CAT syllabus 2025, candidates also need to be well aware of the CAT exam pattern before they start preparing for the exam. The CAT exam pattern was revised in 2021 and the number of questions were reduced from 76 to 66. The structure of CAT 2023 and CAT 2024 was the same. The syllabus is still tougher than other exams.

The most important things to keep in mind are:

  1. CAT exam mode is online
  2. Each question carries three marks 
  3. There is negative marking of minus one mark for wrong attempts

The section-wise distribution of questions and difficulty levels as per the latest CAT exam pattern are listed below:

  • Quantitative Ability (QA) - 24 questions, difficulty level - moderate to high 
  • Data Interpretation and Logical Reasoning (DILR) - 20 questions, difficulty level - moderate 
  • Verbal Ability and Reading Comprehension (VARC) - 22 questions, difficulty level - moderate. to high

Best FPM Colleges in India

In India, several institutions offer excellent programs in FPM, also known as Fellow Programme in Management. Some of the top colleges renowned for their finance-related programs include the following.

Top Government FPM Colleges in India

In India, several government institutions offer reputable programs in FPM or related fields. Here are some of the top government colleges known for their management programs:

FPM Government Colleges

FPM Government College Fees

Administrative Staff College of India

NA

Chandragupt Institute of Management

NA

Entrepreneurship Development Institute of India

NA

IIM Bangalore

NA 

IIM Indore

INR 5.5 Lakh

IIM Lucknow

INR 7.5 Lakh

IIM Raipur

5.53 L

Indian Institute of Forest Management (IIFM)

NA

National Institute of Financial Management

NA

Note: This information is sourced from the official website and may vary.

Private FPM Colleges in India

In India, several private institutions offer high-quality programs in FPM or related fields. Here are some of the top private colleges known for their management programs, including finance:

FPM Private Colleges

FPM Private College Fees

Birla Institute of Management Technology

INR 2.27 Lakh

FORE School of Management

INR 3.1 Lakh

GIM 

INR 40,000

IMI Bhubaneswar

INR 6 Lakh

International Management Institute

INR 4.5 Lakh

Jagan Institute of Management Studies Technical Campus

INR 4.85 Lakh

Management Development Institute

INR 1.3 Lakh

MICA

INR 27,500

S.P. Jain Institute of Management and Research (SPJIMR)

NA

XLRI Xavier School of Management

INR 7.5 Lakh

Note: This information is sourced from the official website and may vary.

Important links related to FPM Course:

What is the difference between Management and administration?

Pros & Cons of Studying MBA in UK v/s India Universities

15 Courses
1.32 L - 33 L
20 - 35 LPA
53 Courses
11.3 K - 24.5 L
32.61 - 33.1 LPA
3 Courses
6.93 L - 24.2 L
26.04 LPA
40 Courses
27 K - 58.84 L
24 - 29 LPA
1.84 L - 28 L
25 - 27 LPA
4 Courses
12 L - 18 L
24.45 LPA
Q:   What is FPM programme at MICA?
A:

Fellow Programme in Management (FPM) is a two-year residential course offered by MICA Ahmedabad. There are a total of eight seats are available for eligible students. Candidates can pursue FPM in following specialisations:

  • Management
  • Communication
  • Marketing
  • Media and Entertainment
  • Digital Marketing

The selection to this course is based on the following three parameters:

  1. Telephonic screening interview and Performance in FPM Admission Test
  2. Pas academic performance from Class 12 onwards
  3. Professional work/research experience in media and communication
Q:   What is the fees for FPM course at IIM Lucknow?
A:

There are multiple components included in the total course fee such as tuition fee, caution deposit, etc. The total tuition fee for IIM Lucknow FPM & EFPM course range between INR 5 Lacs and INR 7.5 lakh. This fee is taken from an unofficial source. Hence, is indicative. For complete details on the course fee structure, aspirants can reach out to the IIML admission office or visit the official website. 

Q:   What is the latest cutoff information for FPM at MICA?
A:

Minimum cut off for 2023 FPM ( fellow problem in management)at MICA is 55%, candidate are eligible after completing (10+2) three-year course. MICA Ahmedabad offers admission on the basis of entrance test. Like GMAT/ XAT, CAT, MICAT  Application fee for FPM-C is INR 2,500.

Popular Private FPM (Fellowship Programme in Management) Colleges in India

1 Course
6 LPA
24 Courses
1.8 L - 4.8 L
2.5 L - 9 L
5.15 - 8.1 LPA

Business & Management Studies Applications open. Apply Now

2 Courses
2.02 L - 2.73 L
3.7
3.31 L
4 LPA

Business & Management Studies Applications open till Jun 19, 2025. Apply Now

70.7 K - 81.7 K
Min. 1 Year of Work Experience Required to Apply | Distance & Online Engineering Programs

FPM Career Scope: Job Profiles, Salary and Top Recruiters

An FPM career in India offers a wide scope and various opportunities across industries

The FPM career scope for professionals in India is diverse, spanning industries such as Banking, Finance, Consulting, Healthcare, Technology, Manufacturing, and more. Continuous learning, staying updated with financial regulations, and acquiring relevant certifications (like CFA, FRM, etc.) can enhance career prospects in this field.

FPM Average Salary in India

Besides lecturership and research candidates opting for FPM can also go for private jobs at senior managerial levels. The average salary for professionals in FPM roles in India can vary significantly based on several factors including education, experience, industry, location, and the specific job role. 

Popular job profiles available for FPM are as follows:

Job Profiles

Job Description

Average Salary

Management Executive

Management executives are leaders within a company who design and implement systems for management improvement.

INR 2.7 - 6.7 LPA

Relationship Manager

A relationship manager builds and maintains relationships with clients or customers for a company.

INR 3.5 - 10 LPA

Financial Management Advisor

A Financial Management Advisor helps individuals and businesses achieve their financial goals by providing personalized advice and guidance on investments, retirement planning, debt management, and other financial matters. 

INR 2.1 - 8 LPA

Management Representative

A management representative is a professional who supervises on behalf of senior management. They may also be called a quality manager. 

INR 3 - 8.6 LPA

Development Manager

A development manager oversees the planning, execution, and coordination of projects. They work across teams and stakeholders to ensure projects are completed on time, within budget, and in line with business goals. 

INR 3.7 - 42.8 LPA

Note: The salary above has been take from Ambitionbox.com

FPM Top Recruiters

In FPM in India, several top recruiters hire professionals for various roles in finance, accounting, investment, and related fields. Here are some of the top recruiters across different sectors:

Fellow Programme in Management Top Recruiters

HDFC Bank

HCL

Greytip Software

Britannia Industries

Reliance Brands Limited

AIM Technical and Management Services Pvt. Ltd.

Note: This information is sourced from different sources and may vary.

Also Read:

Know How to Prepare for CAT 2025?

What are Relationship Manager Roles and Responsibilities in 2025?

Top B-Schools Offering Executive MBA

Q:   What is the salary of a FPM graduate?
A:

The annual salary for individuals with a Fellow Program in Management (FPM) in India can vary significantly based on several factors, including experience, industry, location, and the specific role or position held. Here's an approximate range based on different levels:

  • Entry-Level: INR 6 - 12 LPA
  • Mid-Level: INR 12 - 20 LPA
  • Senior-Level: INR 20 - 40 LPA
Q:   Who is a Relationship Manager?
A:

A Relationship Manager is responsible for building and maintaining strong relationships with clients or customers for a company. Their primary role is to ensure client satisfaction and foster long-term partnerships. 

This professional serves as a liaison for clients, addressing inquiries, resolving issues, and offering personalized assistance on an ongoing basis.

FAQs on FPM Course

Here are some important questions related to FPM Course in India.

Q:   Is FPM equivalent to Ph.D?
A:

Yes, FPM is equivalent to PhD in Management

FPM programs offered by various business schools and management institutes are essentially doctoral-level programs that confer a PhD degree upon completion.

While the name FPM might be specific to management-related disciplines, the structure, rigour, and academic requirements of FPM programs are equivalent to traditional PhD programs. Both FPM and PhD programs typically involve rigorous research, coursework, comprehensive exams and the completion of a doctoral dissertation or thesis.

Q:   What is the difference between PGDM and FPM?
A:

PGDM is suitable for those seeking practical management skills for corporate careers, while FPM is ideal for individuals interested in-depth research, academia, and scholarly contributions to the field of Business Management.

Candidates can check the table below to see the comparison between the two.

Details

FPM

PGDM

Course Level

Doctorate

PG

Course Duration

3 years

2 years

Course Fee

INR 40,000 - INR 7.87 L

INR 3 Lacs to INR 15 lakh

Admission Criteria

Merit-Based/Entrance-Based

MBA Entrance Examination and Group Discussion and/or Personal Interview

Entrance Exams

CAT, MAT, XAT, CMAT and ATMA

CAT, MAT, XAT, CMAT, SNAP etc.

Job Profiles

Management Executive, Relationship Manager, Financial Management Advisor, etc.

HR Recruiters, Sales Manager, Public Relations Manager, Research Analyst etc.

Average Salary

INR 2.4 LPA - INR 13.8 LPA

INR 5 LPA to INR 15 LPA

Top Recruiters

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

HDFC Bank, Dell, Myntra, Amazon, Lifestyle etc.

Q:   What is the FPM course of IIM Lucknow?
A:

Indian Institute of Management, Lucknow offer Fellow Programme in Management (FPM). It is a full-time residential programme to be completed in four years and six months. Candidates wanting to pursue this course must meet the minimum eligibility requirements. Moreover, the selection is done based on merit in CAT/GATE/GRE/GMAT or JRF/SRF (UGC/CSIR/ICAR) followed by a personal interview round. Read more about the course here.

Q:   What is the age limit for pursuing Fellow Programme in Management?
A:

The age limit for pursuing a Fellow Programme in Management (FPM) varies depending on the specific institute and programme but generally, the maximum age limit is around 45 to 50 years. 
Some organizations may also have specific policies or preferences concerning the age of candidates. Therefore, it is advisable to check the exact criteria of the school and programme to which you are applying.

Q:   How should I write a statement of purpose for FPM in IIM?
A:

Crafting a standout Statement of Purpose (SoP) for an FPM at an IIM requires careful planning and a strategic approach. Here's a step-by-step guide:

  • Hook the Reader: Begin with a compelling introduction. It could be an anecdote, a personal experience, or a strong statement that grabs the reader's attention.
  • Showcase Your Academic Journey: Highlight your educational background, emphasizing relevant coursework, research projects, and academic achievements.
  • Highlight Relevant Experience: Discuss your professional journey, focusing on experiences that relate to your research interests or academic aspirations.
  • Program Fit: Explain why you're specifically interested in the FPM programme at that particular IIM. Discuss unique aspects, faculty expertise, or resources that attract you.
  • Long-Term Vision: Discuss your long-term career goals and how pursuing an FPM at the IIM will contribute to achieving them.
  • Summarize and Reinforce: Summarize your main points, reiterating your passion for research, your alignment with the program, and your readiness for the program's challenges.

Popular FPM (Fellowship Programme in Management) Specializations

Following are the most popular FPM (Fellowship Programme in Management) Specializations . You can explore the top Colleges offering these Specializations by clicking the links below.

Popular Specializations

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Answered 2 weeks ago

As per the available information, there is no provision for direct admission to the FPM course of FIIB Delhi. FIIB Delhi provides admission to eligible applicants based on their overall profile, research potential and entrance exam scores. Shortlisted candidates are also required to appear for an in

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

Candidates willing to compare FIIB Delhi with other similar institutes for an FPM must use the factors that they find important as per their preferences and priorities. Such a comparison can help candidates make an informed choice. Some factors that they can consider for comparing various institutes

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

FIIB Delhi has a seat intake of only 20 students for its FPM programme. As there is a limited number of seats available, securing a seat for FPM at FIIB Delhi can get fairly competitive. To shortlist prospective candidates for these seats, the institute uses a variety of selection parameters. Among

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

FIIB Delhi offers a full-time FPM and a part-time EFPM. Candidates willing to secure a seat in one of these courses fulfil the eligibility criteria and qualify in the selection process. Interested candidates can refer to the following steps to get a seat at FIIB Delhi for an FPM:

  1. Ensure that you are

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

Yes, FIIB Delhi accepts admissions to its FPM courses through CAT. Candidates with a valid score in CAT can apply for admission through the institute's official website. They will also have to appear for an interview before final submission. Besides CAT, the institute accepts the scores of JRF/ NET

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

Pursuing an FPM at FIIB Delhi leads to a range of career opportunities in various fields. After completing the Doctoral programme, candidates usually find employment in the educational institutions and research organisations. Further, candidates willing to join the corporate sector after an FPM can

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

Yes, FIIB Delhi provides various scholarships and financial aid to FPM students based on their merit and research potetial. Further, FPM students are eligible to get a stipend during the course duration of three years. In the first year, scholars receive INR 40,000 per month, followed by INR 45,000 

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

The FIIB Delhi FPM application process is conducted online. Candidates seeking FPM admission at the institute must visit the official FIIB Delhi website. They must click on 'Apply now' displayed on the homepage. On the redirected page, candidates fill out the required details and submit the form. Th

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

Candidates seeking admission to an FPM at FIIB Delhi must initiate the admission process by registering their candidature. For this, they must visit the institute's official website and apply online. While applying, they must submit a 3,000-word Research Proposal, Academic CV, and Academic Statement

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

FIIB Delhi conducts the Research Aptitude Test (RAT) to shortlist candidates for admission to its FPM course. The test is conducted in multiple slots. Interested candidates must contact the institute to learn about the exact exam dates.

Alternatively, candidates can apply through CAT/ GMAT/ XAT/ CMAT

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

Yes, FIIB Delhi FPM admissions 2025 are open. The institute is currently accepting online applications for admissions to the FPM and EFPM courses for the academic year 2025-26. Interested candidates can apply through the institute's official website. Before applying, they must ensure that they meet

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

Yes, FIIB Delhi offers an Executive-FPM or EFPM programme in the part-time mode. The minimum duration to complete the course is four years. It includes four mandatory week-long residencies in the first year. To be eligible to pursue the programme, candidates are required to meet the following criter

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

Yes, FIIB Delhi offers an FPM among its Doctoral programmes. An FPM, or Fellow Programme in Management, is offered in the full-time mode at the institute. It is a three-year programme (minimum duration). It includes 12 months of mandatory coursework. As per the institute, the expected commitment to

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Himanshi Pandey

Contributor-Level 10

Answered 2 weeks ago

FPM admission at FIIB Delhi is subject to the fulfilment of the eligibility criteria specified by the institute. Candidates seeking admission to the FPM programme of FIIB Delhi must satisfy one of the following eligibility requirements:

  • Master's degree or equivalent from an AICTE-approved institute i

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Himanshi Pandey

Contributor-Level 10

Answered 3 weeks ago

The fee range for the FPM programme at IMI Bhubaneswar is INR 6 lakh. This information is sourced from official website/ sanctioning body and is subject to change. The fee cover various academic expenses like tuition fees, examination fees, library fees, and other relevant charges. It is important t

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Virajita Arora

Contributor-Level 10

Answered 3 weeks ago

Yes, FPM course is available at IMI Bhubaneswar. The FPM course is offered in various specialisations. Candidate must meet the eligibility criteria to enrol for FPM course admission set by the college. Aspirants must pass master degree. IMI Bhubaneswar's admission process is entrance-based.

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Indrani Choudhury

Contributor-Level 10

Answered 2 months ago

Although, work experience is not mandatory for FPM at ISB Mohali, having work experience is an added advantage. Besides, candidates must pass four-year UG degree or three year UG or PG degree or equivalent in Business, Economics, Engineering, Computer Sciences, Mathematics, Physics or Arts. Eligible

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Nishtha Hazarika

Contributor-Level 8

Answered 2 months ago

All applications must apply via the ISB online platform and submit their applications electronically. Aspirants shall ensure that they enter all the details in the application as per their official documents. The steps to be followed for online application form filling are:

Step 1: Visit the ISB Moha

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Nishtha Jain

Contributor-Level 8

Answered 2 months ago

ISB Mohali FPM eligibility requires students to complete either 4-year undergraduate degree or a 3 year UG along with the PG degree. Additionally, students need to provide GMAT/ CAT/ GRE/ JRF scores. No prior work experience is needed for admission. A TOEFL score (no more than two years old) if Engl

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Virajita Sharma

Contributor-Level 10

Answered 2 months ago

To enroll in a FPM course at IMI Kolkata, candidates must meet the eligibility criteria set by the institute. The institute offers full-time FPM courses lasting four years. Students are selected based on presentation and online interview. In addition to the selection criteria, students must pass mas

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Parul Shukla

Contributor-Level 10

Answered 2 months ago

Yes, FPM course is available at IMI Kolkata. The institute offers FPM courses of a duration of four years. Candidate must meet the eligibility criteria to enrol for FPM course admission set by the college. Aspirants must pass master degree with a 55% aggregate. IMI Kolkata's admission process is pre

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Nishtha

Contributor-Level 10