FPM (Fellowship Programme in Management)

Fellow Programme in Management or FPM is a doctoral programme, which offers studies in various fields of business and management. Offered by the Indian Institute of Management and other top B-schools, FPM is a four-year residential programme that aims to train participants for research and teaching. Candidates who plan to make a career as teachers/lecturers or make a career in the research field mainly pursue the FPM.

The FPM course is open for postgraduate students who have a good academic record along with a good score in entrance exams like CAT/GMAT/GRE/UGC-NET/GATE/CSIR. Seats are offered based on the candidate’s academic profile, entrance exam score, group discussion, personal interview and work experience (in some institutes).

What is FPM?

FPM programme is of four years divided into two stages. The first stage consists of the first two years in which the candidate is exposed to the basic disciplines of management to build a solid base for thesis. In the last two years, the candidate chooses a topic for his/her thesis and is placed under the guidance of a faculty member or advisory committee. For thesis, candidates can choose topics from Economics, Finance, Human Resource Management, Public Policy, Information Systems, Marketing, Organisational Behaviour, Production, Operations, Strategic Management, Decision Science, etc.

Fellowship students are offered a monthly fellowship of a certain amount along with fee waiver throughout their four years of the course. In the third year, the candidates also get the option to start working as research/training assistants for which they are paid extra amount.

FPM Eligibility Criteria

• 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 east 60 per cent marks in aggregate (55 per cent for SC/ST candidates).
• Candidate with five/four-year Integrated Master's degree programme 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 (10+2) or equivalent can also apply for FPM.
• Candidate with 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.

Fellow Programme in Management: Required Skillset

Any candidate who plans to pursue Fellow Programme in Management must not only be a post-graduate in the desired stream/course, but also possess the aptitude for four years of rigorous work. Some of the qualities are given below:

Top MBA Colleges in India Offering FPM

FPM course is offered by all the top IIMs including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IM Lucknow, IIM Kozhikode and IIM Indore. Some of the top non-IIMs offering FPM programme are listed below:

• Goa Institute of Management Goa
• IIT Kharagpur - VGSOM
• IIT Delhi - DOMS
• IIT Bombay - SJMSOM
• XLRI Jamshedpur
• MDI Gurgaon
• NITIE Mumbai
• SPJIMR Mumbai
• IIFT Delhi

FPM Syllabus

The syllabus of FPM programme broadly includes the following topics.

FPM Job Profiles and Recruiters

Besides lecturership and research candidates opting for FPM can also go for private jobs at senior managerial levels. Popular job profiles available for FPM are Management Executive, Relationship Manager, Financial Management Advisor, Management Representative, Project Manager, Development Manager, etc. On successful completion of the programme, candidates are placed in various national and international universities and institutions.

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

FAQs Regarding FPM

Q: For whom is an FPM program suitable?

Q: Is it mandatory to have prior work experience to pursue FPM?

Q: Is there any age limit to pursue FPM?

Q: Would I receive a stipend while pursuing FPM?

Q: Do B-schools provide scholarship for pursuing FPM?

Q: What is the admission process for FPM?

Q: How is FPM different from the other postgraduate management programs?

Q: Is there any option to pursue FPM in an online mode?

Q: What are the career options after completing FPM?

Q: Which are the top B-schools in India offering FPM?

Q: Do B-schools conduct placement process for the FPM students?