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Program Fee and Financial Aid

Program Fee and Financial Aid

The FPM program is a full-time program, residential program. The candidates, who are inducted for the program after the above detailed selection process, are recognized for their merit and are given a, sizeable financial aid during the course of the study.

Program fee :(tuition and other charges), Hostel Fee & Mess Charges *

A. Tuition fees:

Students of Indian nationality: The program entails no tuition fee component, from students of Indian origin. This includes the JRF/SRF recipients as well. For JRF/SRF, no fees would be charged and also books/course material required for the course work would be made available free of charge.

Students of Nationalities other than Indian: NRI and foreign candidates under the ICSSR/other fellowship schemes are required to pay a sum of US $ 3000 (per year for the first two years (2018-2019) and (2019-2020). The amount would include tuition fee, text books/reading material, student welfare and library fee. Please note:  there is no fees to be paid by the FPM student after successful completion of the comprehensive exam.

B.  Other charges:

Please note: The charges mentioned below are applicable to all scholars, regardless of their nationalities.

These deposits need to be deposited at the time of admission. This includes

-      A registration/admission fees of INR 50,000/-

-      A lifetime non-refundable Alumni fee of INR. 12000/-

-      A refundable security deposit of INR. 25000/- at the time of admission.  The security deposit of INR.25000/- is refunded only after completion of the program. Please note: the security amount will be forfeited if a candidate fails to complete the program.

C. Hostel Fee and Mess Charges *

FPM being a full-time residential program, students are required to stay at campus during the duration of the course. The FPM and Research Committee could consider exemption from this requirement in special cases.


Academic Year

Hostel fee (AC room on twin-sharing)*

Mess Charges**


As per imi norms.


** Mess charges are indicative and subject to review depending on changes in input costs.

Financial aid and support:

Please note: Stipend and the contingency grants are available to students possessing an Indian nationality.

a.   FPM stipend: The fellowship provides a monthly fellowship of INR. 25,000/- during the first two years and INR. 30,000/- during the third year and the fourth year of the program, respectively. The Fellowship amount is paid at the end of successful completion of each term for the first two years. The maximum duration of the program for availing fellowship is four years. All selected students, holding an Indian nationality, are eligible for the award of the IMI fellowship. Please note the FPM scholars who are getting a JRF/ SRF fellowship are not eligible for the fellowship.

b.   Contingency grants: The IMI fellowship holders are also eligible to get a liberal grant for buying book/hardware/software etc. This contingency grant-maximum INR. 30,000/- per annum is available to the FPM candidate in the third year and fourth year of the program (post the successful completion of the comprehensive exam). The grant is disseminated on production of valid and original receipts. Please note, all payments (contingency grant) requests are to be recommended by the concerned supervisor and approved by Head Research & Chairperson FPM programs.

With regards the JRF/SRF scholars, in case the scholarship that they are getting does not provide for a contingency grant, they may avail the same from IMI (subject to authentic proof).

c.   Conference support: After successful completion of the comprehensive examination, ALL scholars - Indian nationality (IMI & JRF/SRF scholars) and NRI/other nationalities-are eligible for a conference support for presenting and attending conferences. Please note: The conference support is limited up to a maximum of two national conferences and one international conference provided they have cleared their comprehensive examination.

Fellow Program in Management (FPM)


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