FPM (Fellow Programme in Management): Admission, Syllabus, Eligibility, Fees, Colleges, Careers

• Updated on  Jul 17, 2025, by Manisha Rao

FPM full form is "Fellow Programme in Management." It is a doctoral-level school for people who want to do advanced research and teach management. This program is usually given by top management schools like IIMs and other top B-schools in India. It lasts for 4 - 5 years. The FPM's main goal is to build up scholars who can make important contributions to management through high-quality study and academic success.

 

Anyone who wants to become a professor, study scholar, economist, policy analyst, or thought leader in business or education should take FPM. In the first two years, students learn important subjects through classes and assignments. This is followed by independent research leading to a dissertation in a specialized area such as Finance, Marketing, Organisational Behaviour, Strategy, Economics, Public Policy, or Information Systems.

 

Those who want to join the FPM program must have either a master's degree (or a similar degree like CA, CS, or ICWA) with at least 55–60% marks or a bachelor's degree from a four-year college with good grades. Standardised tests like the CAT, GRE, GMAT, or GATE are required by most schools. However, some IIMs have their own entry exams and interviews.

 

Some of the best schools, like IIMs, don't charge much or anything at all for the FPM training. In fact, many organisations offer monthly stipends (INR 35,000–50,000), study funds, and money to help students go to national and foreign conferences.

 

Table of Contents

  1. FPM Course Key Highlights
  2. What is FPM?
  3. Why Study a FPM?
  4. Who should study for an FPM?
  5. FPM Course Eligibility Criteria
  6. FPM Colleges in India
  7. FPM Admission Process 2025
  8. FPM Syllabus
  9. FPM Job Opportunities in India
  10. FPM FAQs

 

FPM Course Key Highlights

Below are the key highlights of the Fellow Programme in Management course in India:

Particulars

Details

Course Name

Fellow Programme in Management

Course Level

Post Graduate

Duration

3 years (6 semesters)

Course Type

Full-Time

Admission Process

Merit/ Entrance Exam

Eligibility Criteria

Those who have passed their 12th class from a recognised Board or its equivalent exam are eligible for it.

Course Fees

INR 1,00,000-2,00,000

Top Colleges

XLRI, IIM, MDI, ISB, Great Lakes

Job Profiles

Professor/Assistant Professor, Research Analyst/Scientist, Management Consultant/Strategy, Operations/Business Manager, Financial Management Advisor

Top Recruiters

IIMs, ISB, IMT, XLRI, Tier-1/Tier-2 B-Schools, Think Tanks, Research Institutes, Analytics Firms, McKinsey, BCG, Deloitte, Accenture, KPMG

Average Salary in India

INR 3-5 LPA (Freshers)

 

What is FPM?

The Fellow Programme in Management (FPM) is a doctoral-level program for those who desire to pursue further studies and become professors in management and business studies. High-quality business schools like the Indian Institutes of Management (IIMs) offer this program, which usually lasts between four and five years. It is the same as a Ph.D. and its main goal is to make skilled experts, students, and teachers in different areas of management.

 

In FPM, you have to do both hard homework and in-depth study. In the beginning, students learn things like how to do research, how to use statistics, and more advanced topics in the field they've chosen, such as Finance, Marketing, Economics, Strategy, Organisational Behaviour, or Public Policy. Students do full-time study on a dissertation that adds new knowledge to their area after they finish their coursework.

 

Why Study a FPM?

The Fellow Programme in Management (FPM) is a great choice for people who want to learn more about business, think critically and change the future of business education. You can join this PhD program if you really want to make a change in management. Many good things will happen in the long run, like

  • High Demand in Education and Research: Universities, business schools and policy think tanks are always looking for qualified teachers and researchers. People with an FPM degree are sure they can do these jobs and are ready to go.
  • A lot of job options: people with an FPM can work as teachers, policy analysts, economists, management experts, study leads at top schools, or on corporate strategy teams. Many of them are also experts who work for the government or for groups that help places grow in other countries.
  • Structured Academic Pathway: Students have to study and teach in a strict and planned way as part of the program. Students learn a lot about their chosen field in this school, such as Public Policy, Finance, Marketing, Strategy, Human Resource Management or Human Resource Management. After that, they do creative research that ends with a graduate thesis.

In short, an FPM is perfect for people who want to become teachers, researchers, or strategic thinkers in the future and who want to study new ideas, change the way management works, and help make national and global changes to policy and education.

 

Who should study for an FPM?

The Fellow Programme in Management (FPM) is best for people who are really interested in doing academic research, studying advanced management, or planning to work as a teacher or policy assistant for a long time. The graduate program is very focused on developing intellectual interest, deep analysis, and the ability to think critically about problems. People who are most likely to do well in an FPM school are those who are:

  • People in areas like Marketing, Finance, Strategy, Economics, Human Resources, or Public Policy who are really into study, academic writing, and making new knowledge.
  • There are students who would rather do in-depth research, literature reviews, data analysis, and creative research than work in business management or company jobs.
  • Professionals or recent graduates who want to move into education, teach at business schools, or work as research fellows in well-known institutions or think tanks.
  • People who want to change public policy, create new business models or add to the body of global management thought leadership through study and writing.
  • People with an academic background who want to work in education, policy study, foreign development or consulting for a long time.

In general, the FPM is perfect for researchers and thinkers who are curious, want to make a difference in management knowledge, and want to build a fulfilling job in academic leadership or specialised research fields.

 

FPM Course Eligibility Criteria

To enroll in an FPM, candidates have to meet some educational and admission requirements. Without fulfilling these criteria, it is not possible to enter the course. Mentioned below are the FPM eligibility criteria:

  • A master’s degree in any discipline such as MBA with at least 60% marks (with first division) or equivalent grade point average recognized by AICTE /AIU with a Bachelor’s degree / equivalent qualification after completing higher secondary schooling (10+2).
  • Five-year integrated Master’s Degree Programme in any discipline with at least 60% marks (with first division) obtained after completing higher secondary schooling (10+2).
  • A minimum of 50% marks in 10th, 12th, and Bachelor’s Degree or equivalent CGPA and Master’s degree with 60% (with first division).

 

FPM Colleges in India

Various institutions in India are offering the Fellow Programme in Management. Some of the best colleges in India for Fellow Programme in Management have been mentioned below, along with their approximate course fee:

College Name

Location

NIRF Ranking

Annual Course Fees (approx.)

XLRI School of Management

Jamshedpur

9

INR 6,50,000

IIM Calcutta

Kolkata

5

INR 5,00,000

MDI

Murshidabad

-

INR 2,25,000

ISB

Hyderabad

-

INR 3,50,000

Great Lakes

Chennai

-

INR 4,00,000

 

FPM Admission Process 2025

Admission to FPM course is based on the merit of the candidates. Given below is a detailed admission process for those who want to get into the Fellow Programme in Management from ISB, Hyderabad:

 

Step 1: Start by visiting the official website of ISB

 

Step 2: Fill out the application form with your grades from the 10th, 12th, and other relevant data.

 

Step 3: The college will post a list of selected candidates. If you see your name there, they can invite you for counseling or ask you to check your documents.

 

Step 4: If you are accepted, you will get an email from the college. It will have tuition fees, initial date for classes, hostel information, and an orientation program.

 

Step 5: To confirm your seat, pay the entry fee or seat confirmation amount before the time limit mentioned in the letter. In this way, you will secure your place in the program.

 

Required Documents:

  • 10th and 12th mark sheets
  • ID proofs
  • Transfer certificate
  • Character certificate
  • Medical certificate
  • Category Certificate (if applicable)

 

FPM Syllabus

The syllabus for the Fellow Programme in Management in India is more or less the same in the colleges offering the course. The syllabus may slightly differ depending on the curriculum followed by the institute. For reference, the syllabus for the Fellow Programme in Management at the Eastern Bible College is given below:

Module I

Module II

Research Methodology I

Stream-specific Course

Research Methodology II

-

Managerial Statistics

-

General Management

-

System Approach to Management

-

Module III

Module IV

Credit Seminar (Specific) – in consultation with Guide

Pre-registration Seminar

Review paper based on the literature on the Thesis related topic (to be guided by guide)

Progress Seminar I

-

Progress Seminar II

-

Thesis Submission

 

FPM Job Opportunities in India

FPM graduates can have job roles in multiple art fields, including and others. Some of the common job roles for FPM graduates in India are given below:

Job Title

Recruiters

Experience Level

Average Salary

Professor/Assistant Professor

IIMs, ISB, IMT, XLRI, Tier-1/Tier-2 B-Schools

0–5

INR 9,00,000- 25,00,000 LPA

Research Analyst/Scientist

Think Tanks, Research Institutes, Analytics Firms

0–4

INR 6,00,000 – 18,00,000 LPA

Management Consultant/Strategy

McKinsey, BCG, Deloitte, Accenture, KPMG

2–8

INR 15,00,000 – 40,00,000 LPA

Operations/Business Manager

HCL, Reliance, Britannia Industries, Multinational Corporations

3–8

INR 7,00,000 – 20,00,000 LPA

Financial Management Advisor

HDFC Bank, Private Banks, Consulting Firms

2–6

INR 8,00,000 – 18,00,000 LPA

 

FPM FAQs

What sorts of projects do students in FPM do?

FPM students do a lot of work on case studies, literature reviews, and individual study projects. Their main goal is to write a doctoral paper on a certain management topic, like strategy, finance, or organisational behaviour. A lot of the time, these projects require gathering data, running statistical models, writing papers, and submitting them to scholarly journals or giving talks at conferences.

What can people do after they finish an FPM?

Most people who finish an FPM school go on to work as teachers, academic researchers, policy analysts, or management advisers. Business schools, think tanks, study institutions, and foreign development groups all want them very much. Some also write books or go to universities abroad as visiting professors.

What kinds of tools and apps do FPM students use?

FPM students often use R, SPSS, STATA, or Python. When doing qualitative research, they use NVivo or Atlas.ti. For writing and citing sources in school, they also use study databases like JSTOR, Scopus, and Web of Science, as well as reference tracking tools like Zotero and Mendeley.

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