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FPM (Fellow Program in Management)

Program Overview

The Fellow Programs in Management are the doctoral programs of the International Management Institute (IMI) New Delhi. The program mix involves critical core courses, in-depth and research based courses related to the domain interest of the candidate, individually pursued self-study courses and at the core lies the topic-of-individual-interest, that ultimately leads to the candidate’s thesis. The FPM scholars are expected to work closely in their areas of interest with the faculty members of IMI to further the existing repository of both theory and practice in the field of business management. The school offers two variants of the program:

The Fellow program in Management (FPM) is a Full-time program and has been designed to provide a holistic and enabling research eco-system for scholars who seek to achieve the scholarly award. The program structure focuses on preparing the candidates, through a rigorous and well-crafted path that helps them achieve excellence in career trajectories such as academics, research & consultancy assignments, as well as research and analytics based corporate roles.

The Fellow Program in Management- (FPM-PT) is a Part-time program and has been designed to provide a holistic and enabling research eco-system for Academicians and Working who seek to achieve the scholarly award

Program Objectives

Program Goals/learning objectives for the Fellow Programs are as follows

Learning Objective 1: Acquire knowledge in the area of specialization

Learning objective 1.1: To gain knowledge in general management areas in order to develop a foundation for the area of specialization.

Learning objective 1.2: To gain knowledge in specialized areas relevant to the research to be carried out.

Learning objective 1.3: To develop ability to apply acquired knowledge in order to solve management problems.

Learning Objective 2: Acquire analytical and methodological skills required to conduct research

Learning objective 2.1: To develop analytic skills in order to solve research problems

Learning objective 2.2: To develop methodological skills in order to solve research problems

Learning Objective 3: Prepare the scholar to communicate effectively

Learning objective 3.1: To be able to collate existing literature in the area of study and articulate research gaps

Learning objective 3.2: To be able to compose research output in the form of original and high-quality management research writings.

Learning objective 3.3: To be able to articulate research output through presentations.

Areas of Specialization

The FPM scholars can specialize in one of the following areas:

  1. Economics & Business Environment
  2. Finance and Accounting
  3. Marketing
  4. Organisational Behaviour/Human Resource Management
  5. Operations Management and Quantitative Methods
  6. Strategy & General Management
  7. Information Management

Applicant Eligibility:

The applicant seeking admission to the FPM programs of IMI needs to be adhering to the following Eligibility Criteria:

  • Academic qualifications: To be considered for admission into the FPM programs at IMI, New Delhi, the applying candidate must possess one of the following qualifications:
    • - A Masters’ degree or its equivalent in any discipline with a minimum of 60% aggregate marks. Those with outstanding educational records and in the final year of their post-graduation may also apply.

      OR

    • - A Bachelor’s Degree in Engineering with a minimum of 60% marks or equivalent grade point average plus minimum of one year’s work experience.

      OR

  • - A Bachelor’s degree plus any professional qualification such as CA, ICWA, CS, and CFA with a minimum of 60% aggregate marks.
  • Universities & Affiliations

    The above-mentioned qualifications will be considered valid for admission only if:

    • - The obtained qualification is from any of the universities incorporated by an act of the central or state legislature in India, or other educational institutions established by an act of parliament or declared to be deemed as a university under section 3 of UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India, or an equivalent qualification from an institution approved by AICTE.
    • - The degrees of candidates from foreign universities must be recognized by the Association of Indian Universities (AIU). Similarly, the PGDM of Indian Institutions must be recognized as equivalent to MBA by AIU or approved by AICTE.
  • Additional criteria for selection:
    • - In addition, all the candidates must have secured a minimum of 60% marks in ALL their public examinations starting with the secondary level.
  • Additional Criteria for selection for the E-FPM program:
    • - Work experience: The candidate should have completed minimum FIVE years of relevant work experience working as a full–time teaching Academic or in the corporate sector.

Admission process

  • Admission form & indication of research interest: The applicant needs to complete the FPM application form. The form must be accompanied by an abstract of 1000-1500 words about the proposed research area/topic. This may be broad based at this juncture but is critical for gauging the applicant’s interest.
  • Admission/ eligibility tests: the candidate should have cleared any of the following tests
    • Common Admission Test (CAT) held by the IIMs.
    • GMAT score is also considered valid for the purpose of applying for the course.
    • Scores of CAT/GMAT taken on or after 01 January 2017 will be considered valid for admission to the session of 2021.
    • NET qualified (taken on or after 01 January 2017)

      Please note:
      NRIs and foreign candidates will also need to appear in the CAT/GMAT/NET or IMI internal test.

  • Admission Interview: Based on the research abstract and the scores obtained in CAT/GMAT/NET or IMI internal test, evaluation of past academic performance and relevant work experience, candidates will be called for an interview for final selection.

Program Fee and Financial Aid

The Program fee structure and the waivers and scholarships available for different scholar categories are as follows

Cost Heads1st year2nd year3rd year4th year5th yearTotalSubsequent year(s)
Admission/Registration 50000 nil nil nil nil 50000 nil
Tuition fees 150000 100000 100000 100000 100000 550,000 75,000
Learning Resources (e-resources,softwares etc.) 30,000 30,000 30,000 30,300 30,300 150,000 20,000
Alumni fees 12,000 nil nil nil nil 12000 nil
Security deposit(refundable) 25000 nil nil nil nil 25000 nil
Total( Five years) 2,67,000 1,30,000 1,30,000 1,30,000 1,30,000 7,87,000  

Fee Waivers & Other Financial Support:

FPM (Executive) Category:

The participants of FPM (Executive) have to pay the fee as per the above schedule. There will no financial support.

FPM (Academicians) Category:

The participants of FPM (Academicians) will have the following waivers in fee

1) Tuition fee waiver: 50% waiver of fee throughout the duration of program

2) Learning Resource fee waiver: 50% waiver throughout the duration of program

FPM (full-time Scholars) Category:

1. Fee Waivers: Complete (100%) Tuition fee and Learning Resource fee waiver throughout the duration of the program

2. Scholarship: The eligible candidates will be entitled to scholarship equivalent to JRF/SRF as under:

- During 1st & 2nd Year
Rs. 31,000/- per month
- During 3rd to 5th year
Rs. 35,000/- per month

2. House Rent Allowance (HRA): The candidate will be paid HRA @24% of scholarship amount where Institute is not providing hostel accomodation. However if institute provides hostel accomodation, no HRA would be payable.

3. Contingency Grant: The scholars would be eligible for contingency grant @ 30000/- per annum in 3rd to 5th year to cover incidental expenses like stationery, hardware/software,etc

Compulsory Deposits (All Categories): Of the cost heads mentioned above the following are compulsory deposits to be made by all categories of scholars at the time of admission. These includes

- Admission/Registration fees of INR 50,000/-

- Alumni fee of INR. 12000/-

- Security deposit of INR. 25000/- (Refundable)

Fee Waivers & Other Financial Support:

FPM (Executive) Category:

The participants of FPM (Executive) have to pay the fee as per the above schedule. There will NO financial support.

FPM (Academicians) Category:

Fee Waivers

The participants of FPM (Full-Time Academicians) will receive the following waivers with regards

1) Tuition fee waiver: 50% waiver of fee throughout the duration of program

2) Learning Resource fee waiver: 50% waiver throughout the duration of program

FPM (full-time Scholars) Category:

Fee Waivers

The participants of FPM (Full-Time) will receive the following waivers with regards

1) Tuition fee waiver: 100% waiver of fee throughout the duration of program

2) Learning Resource fee waiver: 100% waiver throughout the duration of program

Scholarship : The eligible candidates will be entitled to scholarship equivalent to JRF/SRF as under:

1) During 1st & 2nd Year
Rs. 31,000/- per month
2) During 3rd to 5th year
Rs. 35,000/- per month

House Rent Allowance (HRA): The candidate will be paid HRA @24% of scholarship amount where Institute is not providing hostel accommodation. However, if institute provides hostel accommodation, no HRA would be payable.

Conference support: The school provides a handsome cumulative grant to the Full-time FPM scholars for conferences-for presenting research papers in domestic and one international conference.

FPM Program Structure & Other details

Course work and Evaluations:

First year of FPM course work: The FPM scholar will pursue the first year of his/her coursework, together with the first-year students of the PGDM for that particular year. This would entail covering Select courses as considered critical for a management scholar as well as few doctoral level courses.

Evaluations & promotions: For promotion to second year student must have a minimum average grade of B- (B minus). However, in the area of specialization, overall minimum grade of B– (B minus) would have to be obtained.

Exemption & conditions: Exemption from first year courses may be given to candidates under the following conditions: The PGDM First year course work waiver for scholars who have completed their 2-year Full-time PGDM program from schools that appear in the NIRF Ranking of Top 30 B-Schools and have a CGPA of 6/10. . Please note: The PGDM/MBA should have been completed within the last 5 years from the date the candidate is seeking admission to the FPM program.

Second year of course work: The coursework is spread over one year. Three trimesters with area specific/area/allied electives and compulsories courses. The active course work is currently in a classroom contact mode and spread over weekends. This is followed by a written and oral C.E.

Please note: Scholarship and other financial support are available only to students possessing an Indian nationality.

Comprehensive examination: On successful completion of the mandatory courses all E-FPM the students would need to undergo a Comprehensive Examination- Written and Oral.

Thesis Preparation and submission:

Research proposal formulation and defense: On the successful completion of comprehensive examination, the candidate is required to form a Thesis Advisory Committee (TAC) for guidance towards the final thesis. Under the guidance of TAC, the student would be required to develop a research proposal and defend it in an open forum comprising the IMI, New Delhi faculty and other doctoral students. Post this the scholar is to be working under the guidance of the TAC towards completion of his/her thesis work.

Thesis submission and defense: Thereafter, on completion of the proposed research as well as the mandatory publication requirements of the thesis submission, the candidate would inform the Dean Research, Accreditation & Regular Affairs of the same. Dean Research Accreditation and Regulatory Affairs, in consultation with TAC would recommend a Thesis Evaluation Committee (TEC) for the evaluation of the research work. The candidate would then be required to present a public seminar on the research findings. The candidate would be then evaluated by the TEC in an oral defense. After successfully defending the final thesis candidate is awarded the title of “Fellow of the International Management Institute, New Delhi”. (For details, please refer to Handbook of Information for FPM students.).

FPM-Part Time Program Structure & Other details

Course work and Evaluations:

FPM- Part Time course work: The coursework is spread over one year. Three trimesters with area specific/area/allied electives and compulsories courses. The scholar my need to do some MOOC courses prior to the coursework. The active course work is currently in a classroom contact mode and spread over weekends. This is followed by a written and oral C.E.

Comprehensive examination: On successful completion of the mandatory courses all E-FPM the students would need to undergo a Comprehensive Examination- Written and Oral.

FPM-Part Time Program Structure & Other details

Thesis Preparation and submission:

Research proposal formulation and defense: On the successful completion of comprehensive examination, the candidate is required to form a Thesis Advisory Committee (TAC) for guidance towards the final thesis. Under the guidance of TAC, the student would be required to develop a research proposal and defend it in an open forum comprising the IMI, New Delhi faculty and other doctoral students. Post this the scholar is to be working under the guidance of the TAC towards completion of his/her thesis work.

Thesis submission and defense: Thereafter, on completion of the proposed research as well as the mandatory publication requirements of the thesis submission, the candidate would inform the Dean Research, Accreditation & Regular Affairs of the same. Dean Research Accreditation and Regulatory Affairs, in consultation with TAC would recommend a Thesis Evaluation Committee (TEC) for the evaluation of the research work. The candidate would then be required to present a public seminar on the research findings. The candidate would be then evaluated by the TEC in an oral defense. After successfully defending the final thesis candidate is awarded the title of “Fellow of the International Management Instiute, New Delhi”. (For details, please refer to Handbook of Information for FPM students.).

Program Duration

All FPM scholars are expected to complete the program within FIVE years.