What is FPM: Full Form, Course Duration, Admission 2026, Colleges, Syllabus, Salary & Scope

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

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Fellowship Programme in Management

FPM full form is Fellow Programme in Management. It is a PhD-level course that prepares you to become a researcher or educator in the management field. It aims to make you capable of making significant contributions to management and influencing positive change in the Business world. 

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Fellowship Programme in Management

Candidates can see 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 obtained 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.

The eligibility requirements for FPM course at IIMs are

• Have a PG degree or a PG Diploma in any field with at least 55% marks. 
• While not mandatory, most IIMs prefer students with relevant work experience.
• Have a score in a test such as CAT, MAT, XAT, CMAT, and more.

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Fellowship Programme in Management

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:

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

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.

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 

Yes CAT syllabus is difficult to crack if you do not have enough time. There are three subjects in CAT- VARC, DILR and Quantitative Aptitude. Most of candidates find RC passages tough to crack. In Quants, Arithmetic, Algebra and Geometry pose significant challenge during preparation. In DILR, Reasoning questions often turnout to be tricky and confusion. 

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

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.

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Fellowship Programme in Management

You can pursue FPM after your MBA. Many students choose to pursue doctoral studies like FPM after gaining some practical experience and obtaining an MBA for several reasons.

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Fellowship Programme in Management

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

Whereas 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.

Note - The information is taken from external sites and may vary.

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Fellowship Programme in Management

An FPM is equivalent to a 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.

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

See the table below for the comparison

Note - The information is taken from external sites and may vary.

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Fellowship Programme in Management

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. 

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Fellowship Programme in Management

Pursuing an FPM can be an excellent choice with a passion for research, academia, and in-depth exploration of management theories. 

Why FPM can be a valuable course -

• Research Focus
• Academic Rigour
• Career in Academia
• Specialized Knowledge

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Fellowship Programme in Management

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.

Minimum cut off for 2026 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.