IMI Delhi FPM : Fees 2026, Course Duration, Dates, Eligibility

Hauz Khas, New DelhiEstd 1981

4.1

(175 Reviews)

Total fees

INR 11.12 Lakhs

4 years, before the full-time waiver

Monthly stipend

INR 65,000

Every full-time scholar, 4 years

Cutoff

First class

Master's degree, no score published

Contingency grant

INR 90,000

Over the course, for research costs

In This Page▾

01About this courseThe full write-up, from fees to the stipend 02Should you pick it?Who it suits, who should skip it, and a counsellor's advice 03EligibilityThe degree and test you need before you apply 04Admission ProcessEvery step from the form to joining 05Admission DatesThe admission calendar, step by step 06FeesThe published fee and what a full-time scholar pays 07Will your score get you in?Check if your degree and test let you apply 08ScholarshipsThe waivers you can claim and what you missed 09How does it compare?The same course at colleges in its league, side by side 10FAQsShort answers to what students ask before they apply

About IMI Delhi FPM

IMI New Delhi offers the Fellow Programme in Management (FPM), a four-year, full-time doctoral course approved by AICTE. The Association of Indian Universities treats it as equal to a PhD. IMI Delhi stands #42 in Collegedunia's management ranking 2026 and #40 in NIRF management 2025. The published fee for four years is INR 11.12 Lakhs, but full-time scholars get tuition and learning resource fees waived and pay INR 75,000. Every full-time scholar gets a stipend of INR 65,000 a month, which is INR 7.8 LPA. You get in with a first class master's degree, a test score or the IMI Research Aptitude Test, a research abstract and an interview. About 20 scholars join each year.

IMI Delhi FPM Fees

The total fees for four years is INR 11.12 Lakhs, and the tuition fee is INR 8.63 Lakhs of that. With the INR 2,000 application fee the total is INR 11.14 Lakhs. Full-time scholars get tuition and learning resource fees waived, so you pay INR 75,000. You pay the admission fee and the alumni fee once, in year 1. The security deposit comes back when you leave.

Fee head	Amount	How it is charged
Admission and registration fee	INR 55,000	One time, in year 1
Tuition fee	INR 8.63 Lakhs	INR 1.95 Lakhs in year 1 rising to INR 2.38 Lakhs in year 4, waived for full time
Learning resources fee	INR 1.74 Lakhs	INR 39,000 in year 1 rising to INR 48,000 in year 4, waived for full time
Alumni fee	INR 20,000	One time, in year 1
Security deposit	INR 15,000	One time, refundable
Application fee	INR 2,000	One time, when you apply
Total, as published	INR 11.12 Lakhs	Full course, before the waiver
Total with application fee	INR 11.14 Lakhs	Full course
Full-time scholar pays	INR 75,000	After the waiver, deposit not added

IMI Delhi FPM Admission Dates

The 2026 batch is in class. The 2027 form is expected to open in Nov 2026, with the first last date in Dec 2026. The test and the interview are expected in Jan 2027 and classes in Jul 2027. IMI moved the last date last year, so check the admission page before you plan.

Event	Date	Status
FPM application form opens	Nov 2026	Tentative
Last date to apply, first round	Dec 2026	Tentative
IMI Research Aptitude Test	Jan 2027	Tentative
Research interest interview	Jan 2027	Tentative
Selection result and offer letter	Feb 2027	Tentative
Admission fee payment	Mar 2027	Tentative
Reporting and document check	Jul 2027	Tentative
Classes start	Jul 2027	Tentative

IMI Delhi FPM Eligibility

You need a master's degree with first class in engineering, management, economics, social science, science, commerce or humanities. You can apply in the final year of your master's. IMI then checks your test score or its own test. If your master's is below first class, you cannot apply this year.

Requirement	What you need
Master's degree	First class
Subjects	Engineering, management, economics, social science, science, commerce or humanities
Final-year students	Can apply
Test	A valid test score or the IMI Research Aptitude Test

IMI Delhi FPM Admission Process

You send the form with a research abstract of 1,000 to 1,500 words. Then you take the IMI Research Aptitude Test, or use a test score from the last 5 years. Faculty then meet you for a research interest interview. If they pick you, you pay the fee and join.

Step	What you do
1. Apply online	Fill the FPM form and pay the application fee
2. Send the abstract	1,000 to 1,500 words on the topic you want to study
3. Take the test	IMI Research Aptitude Test, or a CAT, GMAT, GRE, XAT, NET or NMAT score from the last 5 years
4. Face the interview	A research interest interview with faculty
5. Join	Pay the fee and the deposit, then report with your papers

IMI Delhi FPM Cutoff

IMI does not publish a cutoff score for the FPM. You need a first class master's degree. You also need a test score from the last 5 years, or a pass in the IMI Research Aptitude Test. Your abstract and the interview decide the offer.

What is checked	Minimum	Note
Master's result	First class	Final-year students can apply
Test score	CAT, GMAT, GRE, XAT, NET or NMAT, taken in the last 5 years	Or take the IMI Research Aptitude Test
Cutoff score or percentile	Not published	IMI does not publish one

IMI Delhi FPM Placements

IMI does not publish placement data for the FPM. While you study, the stipend is INR 65,000 a month, which is INR 7.8 LPA. The contingency grant adds INR 90,000 for research costs. After the thesis, you apply for teaching and research posts on your own.

Metric	Value
Monthly stipend	INR 65,000, for 4 years
Stipend a year	INR 7.8 LPA
Contingency grant	INR 90,000, INR 30,000 a year after the comprehensive exam
Conference support	INR 1.50 Lakhs over the course
Placement data	Not published for the FPM

IMI Delhi FPM Scholarships

The full-time waiver takes INR 10.37 Lakhs off the fee: INR 8.63 Lakhs of tuition and INR 1.74 Lakhs of learning resource fees. IMI gives it to every full-time scholar for all four years. The stipend and the grant come on top of it. Part-time scholars follow a separate fee rule.

Scholarship	Who can get it	Amount or waiver
Tuition fee waiver	Every full-time scholar	INR 8.63 Lakhs, 100%
Learning resource fee waiver	Every full-time scholar	INR 1.74 Lakhs, 100%
Monthly stipend	Every full-time scholar	INR 65,000 a month
Contingency grant	Full-time scholars after the comprehensive exam	INR 90,000

IMI Delhi FPM Ranking

IMI New Delhi stands #42 in Collegedunia's management ranking 2026 and #40 in NIRF management 2025. Collegedunia ranks on fees, placements and student reviews. NIRF ranks on data the institute sends every year.

Ranking body	Year	Rank or grade
Collegedunia management ranking	2026	#42
NIRF Management	2025	#40
AICTE approval	2026	Approved

IMI Delhi FPM Course Structure

Year 1 is coursework in 4 trimesters, and you must score 60% or a B minus in each course. After it you take a comprehensive exam, written and oral. Then you defend a research proposal, write the thesis and defend it before a committee.

Stage	What you do
Year 1	Coursework in 4 trimesters, 60% or B minus to pass
After coursework	Comprehensive exam, written and oral
Proposal	A thesis committee is formed and you defend your research proposal
Thesis	You write the thesis, give a public seminar and defend it

Economics and business environment
Finance and accounting
Marketing
Organisational behaviour and human resource management
Operations management and quantitative techniques
Strategy and general management
Information management and business analytics

IMI Delhi FPM Seats and Intake

IMI takes about 20 scholars a year, full time and part time together. They study across 7 research areas, and every faculty member holds a PhD. So each scholar works closely with one guide.

Item	Detail
Annual intake	20 scholars, full time and part time together
Research areas	7
Faculty	Every faculty member holds a PhD

IMI Delhi FPM Hostel and Campus

Full-time scholars can ask for a hostel room, and IMI gives one when a room is free. The mess is charged on actuals, so its cost is not fixed. The campus is in the Qutab Institutional Area, New Delhi.

Item	Detail
Hostel	For full-time scholars, when a room is free
Mess	Charged on actuals
Campus	Qutab Institutional Area, New Delhi

Should you pick FPM at IMI Delhi?

This course suits students who want to teach and do research in a business school and can live on a stipend for four years.

Pick it if:

You want to teach and do research in a business school: every faculty member here holds a PhD, so your thesis guide is an active researcher.

You cannot pay a big fee: tuition and learning fees are waived, and the INR 65,000 monthly stipend is paid for four years.

You already know your research field: you pick one of seven areas, from finance and marketing to business analytics, and study it from year 1.

You want a small batch: IMI takes about 20 scholars a year, so each scholar gets close time with one guide.

Skip it if:

You want a campus job offer at the end: IMI publishes no FPM placement data, so you apply for faculty posts on your own.

You find statistics and research methods hard: year 1 has four trimesters of coursework, and you must score 60% or a B minus in each course.

You want a big research group in your subject: about 20 scholars join across seven areas, so only a few will share your area.

You plan to wait for an extension: the 2026 last date moved from 27 Dec 2025 to 2 May 2026, but IMI promises no extension.

Counsellor's advice

If you have a test score from the last five years, apply by the first last date. Write a clear abstract of 1,000 to 1,500 words, because it decides your interview.

FPM Eligibility▾

Master's degree: First class in engineering, management, economics, social science, science, commerce or humanities.

Final year: You can apply while you are in the last year of your master's.

Test score: A CAT, GMAT, GRE, XAT, NET or NMAT score from the last five years lets you skip the IMI test.

No score: You take the IMI Research Aptitude Test instead.

Research abstract: You send 1,000 to 1,500 words on the topic you want to study.

FPM Admission Process▾

Apply online: Fill the FPM form on the IMI admission site and pay the application fee.

Send the abstract: Upload your research abstract with the form.

Take the test: Sit the IMI Research Aptitude Test, unless your test score lets you skip it.

Face the interview: Faculty from your research area ask about your topic and plan.

Pay and join: Pay the admission fee and deposit by the date in your offer, or you lose the seat.

FPM Admission Dates 2027

▾

The 2027 calendar is not out yet. These dates are estimates based on 2026. A date marked Confirmed is official.

Tentative

Nov 2026

FPM application form opens

Expected to open around the same month as last year.

Tentative

Dec 2026

Last date to apply, first round

Last year IMI later extended the last date, but plan for the first one.

Tentative

Jan 2027

IMI Research Aptitude Test

Only for students without a valid CAT, GMAT, GRE, XAT, NET or NMAT score.

Tentative

Jan 2027

Research interest interview

Faculty from your research area ask about your topic and plan.

Tentative

Feb 2027

Selection result and offer letter

Expected a few weeks after the interview.

Tentative

Mar 2027

Admission fee payment

You pay the admission fee, the alumni fee and the deposit to keep the offer.

Tentative

Jul 2027

Reporting and document check

Bring your original mark sheets and your test score card.

Tentative

Jul 2027

Classes start

Coursework starts with the first of four trimesters.

Source: IMI New Delhi FPM admission page, 2026 cycle. Confirm on the official site before you act.

IMI Delhi FPM Fees 2027

▾

This is the full 4-year cost, not one year, as published for the 2026-30 batch. Full-time scholars get tuition and learning resource fees waived, so they pay INR 75,000.

Admission and registration fee

One time, in year 1

INR 55,000

Tuition fee

Full course, as published: INR 1.95 Lakhs in year 1 rising to INR 2.38 Lakhs in year 4. Waived for full time.

INR 8.63 Lakhs

Learning resources fee

Full course, as published: INR 39,000 in year 1 rising to INR 48,000 in year 4. Waived for full time.

INR 1.74 Lakhs

Alumni fee

One time, in year 1

INR 20,000

Security deposit Refundable

One time, returned when you leave

INR 15,000

Add application fee

Application fee

One time, paid online when you apply

INR 2,000

Total course fee

INR 11.12 Lakhs

4 years · admission, tuition, learning and alumni fees, before the full-time waiver

Total course fee

INR 11.14 Lakhs

4 years · all fees + application fee, before the full-time waiver

Education loan EMI

INR 18,749

7 yr · 10.5% per year

Monthly stipend

INR 65,000

every full-time scholar, for 4 years

Education loan EMI

INR 18,783

7 yr · 10.5% per year

Monthly stipend

INR 65,000

every full-time scholar, for 4 years

Source: IMI New Delhi FPM page, fee structure 2026-30. Confirm on the official site before you act.

Will your degree and score get you a call from IMI Delhi FPM?

Pick your master's result and your test. The card shows if you can apply and which step comes next.

Your master's result

First class, doneFinal year nowBelow first class

CAT, GMAT, GRE, XAT, NET or NMAT

Have a test scoreNo test score

First class, done · Have a test score

Yes, you can apply. Your score lets you skip the IMI Research Aptitude Test, so you go to the interview if your abstract is picked.

First class, done · No test score

Almost there. You can apply, but you must clear the IMI Research Aptitude Test before the interview.

Final year now · Have a test score

Almost there. You can apply now, but the offer holds only if your final result is first class.

Final year now · No test score

Almost there. You apply, take the IMI Research Aptitude Test, and the offer holds only with a first class final result.

Below first class · Have a test score

Not this year. IMI asks for a first class master's degree, and a test score does not replace it.

Below first class · No test score

Not this year. IMI asks for a first class master's degree before you can apply.

EDITOR'S NOTE

A test score only saves you the IMI test. IMI publishes no cutoff, so your abstract and the interview decide the offer.

IMI Delhi FPM Scholarship Calculator

Answer the question to see the waiver you can claim. Confirm the final amount with the FPM office.

Will you study full time?

Yes, full timeNo, part time

Scholarships you missedYou do not qualify on your answers. Tap to see why.▾

Each chip below says which answer blocked the waiver.

Tuition fee waiver

INR 8.63 Lakhs

International Management Institute, New Delhi

The full tuition fee is waived for all four years.

Who qualifies: every full-time FPM scholarApply by the FPM form date

Not eligible on your answers: full time only

Learning resource fee waiver

INR 1.74 Lakhs

International Management Institute, New Delhi

The full learning resources fee is waived for all four years.

Who qualifies: every full-time FPM scholarApply by the FPM form date

Not eligible on your answers: full time only

No waiver matches this answer. Part-time scholars follow a separate fee rule, so ask the FPM office before you apply.

Estimated total waiver

INR 10.37 Lakhs

Your net course fee: INR 75,000

Estimated total waiver

INR 0

Your net course fee: INR 11.12 Lakhs

IMI Delhi FPM vs similar colleges

Tap a college to see it next to IMI Delhi. The cream box marks the better number in each row: a lower fee, a higher stipend or grant, more seats, a better rank.

Compare with

IMT GhaziabadIMI KolkataFORE SchoolBIMTECH

This page

International Management Institute, New Delhi

New Delhi

Compared with

Institute of Management Technology, Ghaziabad

Ghaziabad

Compared with

International Management Institute, Kolkata

Kolkata

Compared with

FORE School of Management

New Delhi

Compared with

Birla Institute of Management Technology

Greater Noida

Fee you payfull time, non-refundable

INR 75,000

after the waiver

Not published

INR 58,000

INR 17,000 less, 2025-26 batch

INR 65,000

INR 10,000 less

INR 5,000

INR 70,000 less, 2025 batch

Monthly stipendyear 1

INR 65,000

for 4 years

INR 54,000

INR 11,000 less

INR 37,000

INR 28,000 less, 2025-26 batch

INR 56,550

INR 8,450 less

INR 45,000

INR 20,000 less, 2025 batch

Contingency grantfull course

INR 90,000

after the comprehensive exam

Not published

INR 1 Lakh

INR 10,000 more, 2025-26 batch

INR 30,000

INR 60,000 less

Not published

Seatsa year, full and part time

full and part time together

10 fewer

Not published

10 fewer, with EFPM

Not published

NIRF rankmanagement, 2025

#40

NIRF 2025

#30

10 places higher

#42

2 places lower

#59

19 places lower

#61

21 places lower

In short

IMT Ghaziabad ranks higher in NIRF, but its stipend is INR 11,000 lower a month. If the rank matters most, apply to both; if the money decides it, take IMI Delhi.

In short

IMI Kolkata charges less and gives a slightly bigger grant, but its stipend is INR 28,000 lower a month. If you can live in Delhi, take IMI Delhi; if you must stay in Kolkata, take IMI Kolkata.

In short

FORE School charges less up front, but its stipend and its grant are both lower. If both give you an offer, take IMI Delhi for the higher monthly pay and rank.

In short

BIMTECH asks only INR 5,000 up front, but its first-year stipend is INR 20,000 lower a month. If both give you an offer, IMI Delhi pays you more over the four years.

Fees and pay can change. Check each college site before you decide.

FAQs on IMI Delhi FPM

Straight answers to what students ask before they decide.

Is the FPM at IMI Delhi worth it?▾

Yes, if you want a teaching or research career in management. You pay INR 75,000 after the waiver and get INR 65,000 a month for four years, so the stipend covers the fee in the first two months. If you want a company job soon, this is the slow route, so think about that before you apply.

What job can I get after the FPM?▾

The FPM trains you for teaching and research posts in business schools and for research roles in companies. IMI publishes no placement data for the FPM, so you apply for jobs on your own. Start writing papers with your guide during the thesis, because business schools look at your papers when they hire.

Who should not take this course?▾

Skip it if you want a quick corporate job or a large research group. The course takes four years, and about 20 scholars join each year across seven areas. It also suits you only if you can pass four trimesters of coursework at 60% or a B minus. If any of this worries you, talk to a current scholar first.

Should I leave my job to join full time?▾

Only if you can live on the stipend for four years. Full-time scholars get the full waiver and INR 65,000 a month, which is INR 7.8 LPA, but part-time scholars do not get the same support. Work out your monthly costs and your family plans before you resign.

Is the FPM a good choice instead of a PhD?▾

The FPM counts as a PhD, because the Association of Indian Universities treats it as equal to one. So it is good for faculty posts that ask for a PhD. Choose the FPM if you want a management doctorate with coursework and a fixed stipend, and check the guide in your area before you choose.

Which research area should I choose?▾

Choose the area where you already have a topic and some reading done. IMI offers seven areas, such as finance and accounting, marketing, and business analytics. Your abstract of 1,000 to 1,500 words should sit clearly in one area, because faculty from that area take your interview.

Is the small batch good for me?▾

Yes, if you want close guidance. About 20 scholars join each year, and every faculty member holds a PhD, so your guide has time for you. But only a few scholars will share your area, so if you want a big peer group, ask how many work in your area now.

Should I apply by the first last date or wait?▾

Apply by the first last date. The 2026 last date moved from 27 Dec 2025 to 2 May 2026, but IMI does not promise an extension. Keep your test score, mark sheets and abstract ready when the form opens, which is expected in Nov 2026.

Can I apply in the final year of my master's?▾

Yes. IMI lets final-year students apply, and you take part in the test and the interview like everyone else. Your offer holds only if your final result is first class, so keep your marks up in the last semester and send the result as soon as it comes.

Do I need a CAT score to apply?▾

No. A CAT, GMAT, GRE, XAT, NET or NMAT score from the last five years only lets you skip the IMI Research Aptitude Test. If you have no score, you take the IMI test instead. Either way, the abstract and the interview decide the offer.

What is the full fee for the course?▾

The published fee for four years is INR 11.12 Lakhs, and INR 11.14 Lakhs with the application fee. Full-time scholars get tuition and learning resource fees waived, so they pay INR 75,000 plus a refundable deposit of INR 15,000. The fee block above lists every head.

Do full-time scholars get a hostel room?▾

Yes, when a room is free. IMI gives hostel rooms to full-time FPM scholars based on how many rooms it has. The mess is charged on actuals, so ask the FPM office about the room and the mess cost before you join.

This page is AI assisted and human verified.