Admission Open For Full-time and Part-time FPM - Apply Now

Program Overview

The Fellow Program in Management is the doctoral program 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 program accepts both full-time students and part-time students.

FPM (Full-time)/FPM (Part-time ) |  Annual Intake for FPM programme = 20

The program is 

  • Approved by AICTE
  • Applied for PhD equivalence to Association of Indian Universities

Program Objectives

Program Goals/learning objectives for the Fellow Program is 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 any ONE of the following areas:

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

Applicant Eligibility:

The applicant seeking admission to the FPM at IMI New Delhi needs to be fulfilling the following Eligibility Criteria:

  1. Academic qualifications: To be considered for admission to the FPM at IMI New Delhi, the applicant must possess one of the following qualifications:

o   A Masters’ degree or its equivalent in any discipline with a minimum of 60% aggregate marks. Those in the final year of their post-graduation may also apply.


    • A Bachelor’s Degree in Engineering with a minimum of 60% marks or equivalent grade point average. Those in the final year of their engineering degree may also apply.


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

  1. 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.
    • In case the candidate has a PGDM degree from an Indian Institution, the degree must be recognized as equivalent to MBA by Association of Indian Universities (AIU) or approved by AICTE.
    • The degrees of candidates from foreign universities must be recognized by the Association of Indian Universities (AIU).
  1. Additional Criteria for selection for part-time students: The candidate should have completed minimum FIVE years of full-time relevant work experience as an academician or a corporate executive.
SC,ST,OBC, PWD(Person with disability), EWS( Economically weaker section), Female Candidates and also those from rural and semi-urban backgrounds are encouraged to apply for the FPM program.

Admission process

  1. 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.
  2. Admission test: the candidate must clear any of the following tests
    • Common Admission Test (CAT) held by the IIMs.
    • Additionally, in case the candidate has a valid GMAT/GRE/XAT/NET/GATE/NMAT score; he/she would also be eligible.
    • Please note: the CAT/XAT/GMAT/GRE/NET/GATE/NMAT exam must have been taken on or after 01 January 2019 will be considered valid for admission to the session of 2024.


    • IMI Research Aptitude test: In the event the applicant has not appeared for any of the above exams, the Institute also considers candidates who appear for the  IMI Research Aptitude Test.
    • NRIs and foreign candidates, are also required to have a valid CAT/GMAT/GRE/XAT/NET/GATE/NMAT score or appear for the IMI  Research Aptitude Test.
  1. Admission Interview: Based on the:

o  Research abstract

o  Scores obtained in CAT/GMAT/GRE/XAT/NET or the IMI  Research Aptitude Test

o  Evaluation of past academic performance and

o  Relevant work experience (for Part-time students only)

The eligible candidates are invited for the final Admission Interview round and the final selection/merit list is prepared based on the above process.

Program Fee

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

Cost Heads

1st year 2nd year 3rd year 4th year Total
Admission/Registration 50000 NA NA NA 50000
Tuition fees 150000 100000 100000 100000 4,50,000
Learning Resources (books, e-resources, software etc.) 30,000 30,000 30,000 30,300 1,20,300
Alumni fees 15,000 NA NA NA 15,000
Security deposit (refundable) 25000 NA NA NA 25,000
Total (Four years) 2,70,000 1,30,000 1,30,000 1,30,000 6,60,000


Fee Waivers & Other Financial Support:

FPM Full-time [FT] students: The participants are awarded the following waivers and financial support

  1. Tuition fee: 100% waiver of fee throughout the duration of program
  2. Learning Resource fee: 100% waiver throughout the duration of program
  3. Stipend: Eligible candidates will be awarded a stipend of INR 65,000/- per month. This stipend would be valid for four years from the date of joining the program.
  4. Accommodation: FPM [FT] scholars can request hostel accommodation. The accommodation is subject to availability and is provided free of cost to the FPM[FT] scholar. Mess charges are chargeable as per the prevailing mess charges (on actuals).
  5. Contingency Grant: The scholars would be eligible for a handsome total contingency grant of INR 90,000(@ 30000/- per annum). The grant would be available after the successful completion of the comprehensive examination. This grant may be used to cover incidental expenses like data collection, stationery, hardware/software and others.
  6. Conference support: The institute also provides a cumulative grant of INR 1,50,000/- for presenting research papers at domestic and international conferences. The conference needs to fulfil the conference norms as laid down by the institute and is provided after the successful completion of the comprehensive examination.
  7. Additional conference support linked to research output: The scholar who publishes in superior quality Peer Reviewed Journals will get an additional conference support grant of INR 2,00,000/- for every such Peer Reviewed Journal publication (granted after the Final acceptance of the publication has been obtained).

Please note: Superior quality is as determined by IMI New Delhi journal quality categorization standards. This is a quality categorization that is significantly superior to the minimum quality categorization required to complete degree requirements. The Paper must be co-authored with an IMI New Delhi Faculty and the scholar must ensure the publication is submitted with the IMI New Delhi affiliation.

FPM Part-time students (academicians): The participants are awarded the following waivers:

  1. Tuition fee: 50% waiver of fee throughout the duration of program
  2. Learning Resource fee: 50% waiver throughout the duration of program  

 FPM Part-time students (corporate executives): The participants must pay the fee as per the above schedule.

 FPM Program Structure & Other details

The FPM scholar (both full-time and part-time) is required to successfully complete two types of courses, in a duration of ONE YEAR:

PGDM courses: The FPM scholar will need to accumulate certain credits from PGDM management domain courses as recommended by their thesis supervisor/mentor.

FPM courses: The major learning for the FPM scholar will come from the FPM specific courses. The coursework is spread over one year and completed in four trimesters. These courses include a mix of CORE compulsory courses, AREA compulsory and elective courses.

Evaluations & promotions: For completion of the FPM Course work, an average of 60% or B- grade is required for passing FPM and PGDM courses. 

Comprehensive examination: On successful completion of the mandatory courses all FPM scholars would need to successfully clear a Comprehensive Examination- both 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 of the same. Dean, Research & Accreditation, 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.).

List of FPM Supervisors

List of FPM Alumni

Program Duration

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