The Fellow Programme in Management (FPM) is a premier doctoral-level program in management and business research. Offered by leading Indian Institutes of Management (IIMs) and top B-schools, the FPM course in India is designed for candidates aspiring to pursue advanced research or academic careers in management. In 2025, it stands as one of the most reputed pathways to become a faculty member, researcher, or policy expert in business and economics.
- FPM Full Form and Course Details
- FPM Eligibility Criteria in India 2025
- FPM Course Duration and Fees in India
- FPM Admission Process 2025–26 in India
- Top FPM Colleges in India 2025
- Career Options After FPM in India
- Skills Required for FPM Students
- Scope of FPM Course in India 2025
- FAQs on FPM Course in India
FPM Full Form and Course Details
The FPM full form is Fellow Programme in Management. It is equivalent to a PhD in Management and focuses on developing analytical and research expertise in business disciplines.
The course emphasizes research methodology, quantitative techniques, and specialization in areas such as marketing, finance, strategy, and organizational behavior.
FPM Eligibility Criteria in India 2025
The FPM eligibility is aimed at postgraduate students or working professionals interested in management research and academia.
Candidates with professional degrees such as CA, ICWA, or CS are also eligible for admission.
FPM Course Duration and Fees in India
The FPM course duration is generally 4 to 5 years, including coursework, comprehensive exams, and dissertation research.
Most institutes provide full tuition waivers and monthly stipends, making the program financially accessible to research scholars.
FPM Admission Process 2025–26 in India
The FPM admission process 2025–26 involves multiple stages, focusing on aptitude and research capability.
- Application Form: Submit online through institute portals such as IIMs, XLRI, or MDI.
- Entrance Exam: Appear for accepted tests (CAT, GRE, GMAT, or GATE).
- Research Proposal Submission: Outline the intended research area or topic.
- Interview: Shortlisted candidates are invited for a personal interview or research discussion.
- Final Selection: Based on test scores, academic background, and research aptitude.
Leading IIMs like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta admit only a limited number of candidates each year.
Top FPM Colleges in India 2025
Several management institutes in India offer FPM courses with world-class research infrastructure and academic mentorship.
These institutions offer access to global research databases, exchange programs, and opportunities for international publications.
Career Options After FPM in India
The FPM course opens advanced academic and corporate research career paths.
FPM graduates often move into academic, research, or consulting leadership roles, both in India and abroad.
Skills Required for FPM Students
A successful FPM scholar must combine analytical ability with academic rigor and curiosity.
- Quantitative and qualitative research skills
- Critical and analytical thinking
- Academic writing and data interpretation
- Teaching and communication skills
- Knowledge of research software (SPSS, R, Stata)
These competencies prepare scholars for publishing research and teaching management courses effectively.
Scope of FPM Course in India 2025
The scope of FPM in India continues to grow due to the rising demand for research-driven professionals and management educators.
Graduates can:
- Join IIMs, IITs, and business schools as faculty or researchers
- Work with consulting firms and think tanks for policy development
- Contribute to corporate research and innovation divisions
- Pursue international research collaborations or postdoctoral studies
With education and research gaining national prominence, FPM graduates are among the most sought-after academics and strategists in 2025.
FAQs on FPM Course in India
What is the full form of FPM?
The FPM full form is Fellow Programme in Management, a doctoral program equivalent to a PhD in management.
What is the eligibility for FPM in India?
Candidates must hold a postgraduate degree with valid CAT, GRE, GMAT, or GATE scores and a strong academic background.
What is the duration of the FPM course?
The FPM course duration is generally 4 to 5 years, including dissertation and research work.
Is stipend provided in the FPM program?
Yes, most institutes offer a monthly stipend of ₹30,000 to ₹55,000, along with tuition fee waivers.
What are the career options after FPM?
Graduates can work as professors, researchers, consultants, or corporate strategists in academic and industry sectors.
Is FPM equivalent to PhD?
Yes, the FPM course is considered equivalent to a PhD in Management, recognized by UGC.




