FPM

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.

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.

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.

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

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

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.

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.

Yes, FIIB Delhi indeed offers scholarships to its FPM scholars. The institute offers INR 40,000 per month in the first year followed by INR 45,000 per month in the second year. Additionally, students are also provided a stipend of INR 50,000 per month in the third year of the programme. Students can visit the official website of the institute to know further details regarding the scholarship scheme offered by FIIB Delhi.