Fellow Programme in Management [FPM] - Course Overview




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    Pranjal Singhal Pranjal Singhal
    Content Curator

    Fellow Program in Management Top Colleges, Syllabus, Scope and Salary

    Fellow Program in Management is a 4-year doctoral-level management course, divided into 2 phases.

    Minimum eligibility for admission to the course is the successful completion of post-graduation in any of M.A., M.Sc., M.Com., M.B.A., M.C.A., M.Tech., with a minimum aggregate score of 55% or equivalent CGPA.

    The minimum cut-off score eligible for application to this course varies from institute to institute. In various recognized universities, there are entrance tests held followed by a round of interview, to judge the eligibility of the candidate seeking admission..

    Fellow Program in Tamil NaduFellow Program in Uttar PradeshFellow Program in KarnatakaFellow Program in Maharashtra

    The course is a doctoral-level management course and is suited for candidates wishing to:

    • expand their knowledge in the management field.
    • pursue advanced research relevant to the current social and economic goals of the country.
    • pursue specialization in any of the different areas of management.
    • attain expertise in the greater nuances of management research and its advancement.

    The course has been designed to impart to eligible candidates:

    • detailed knowledge of:
    1. financial management
    2. costing
    3. accountancy
    4. economic growth and development
    5. international finance
    6. behavioural finance, etc.
    • lessons in:
    1. budget- designing
    2. project-supervision
    3. co-ordination and planning of the different stages of a project from its conception to completion.
    4. training in cutting-edge and coming-of-age research that is academically rich and rigorous.
    5. ability to understand the factors relevant to the recent developments in business and trade.

    Such postgraduates are hired in capacities such as:

    • Management Executive
    • Relationship Manager
    • Financial Management Advisory
    • Management Representative
    • Logistics & Customer Service Officer
    • Assistant Manager (Marketing)
    • Business Development Manager, etc.

    Popular areas of employment for such postgraduates include:

    • Educational institutions
    • Leading organizations such as:
    1. HCL Infosystems Ltd.
    2. AIM Technical and Management Services Pvt. Ltd.
    3. Greytip Software Pvt. Ltd.
    4. Reliance Brands Limited
    5. Britannia Industries Ltd., etc.

    The average fee charged for the course in India ranges between INR 2.13 and 9.5 lakhs. The average annual salary offered to such professionals ranges between INR 3 and 60 lakhs, increasing with the candidate’s experience and expertise.

    Fellow Program in Management: Course Highlights

    Tabulated here are some of the major highlights of the course.

    Course LevelDoctoral
    Duration4 years
    Examination TypePhase System (Divided into 2 phases)
    EligibilityPost-Graduate degree (or equivalent) in any stream (including M.A., M.Sc., M.Com., M.B.A., M.C.A, M.Tech) with 55% aggregate marks or equivalent CGPA; professional qualifications of C.A., ICWA, and C.S. with 50% aggregate marks or equivalent CGPA; professional qualifications such as MBBS and LLB with 55% aggregate marks or equivalent CGPA; engineering degree in the likes of B.Tech and B.E. with 60% aggregate marks or equivalent CGPA.
    Admission ProcessBased on performance in an entrance test such as CAT, GMAT, GRE, GATE, UGC, CSIR, etc.
    Course FeeINR 2 to 9.5 lakhs
    Average Starting SalaryINR 3 to 60 lakhs
    Top Recruiting CompaniesEducational Institutions and in leading companies like HCL Infosystems Ltd., AIM Technical and Management Services Pvt. Ltd., Greytip Software Pvt. Ltd., Reliance Brands Limited, Britannia Industries Ltd., etc.
    Job PositionsManagement Executive, Relationship Manager, Financial Management Advisory, Management Representative, Logistics & Customer Service Officer, Assistant Manager (Marketing), Business Development Manager, and such.

    Fellow Program in Management: What is it About?

    The program has been designed to offer to eligible candidates training in:

    • conducting research in all areas of business management.
    • creating publication-worthy work that matches international standards.
    • understanding and operating in the global business scene.

    The course is comprehensive and global in scope.


    Fellow Program in Management: Who should opt?

    Ideal candidates for the course would possess:

    • sharp analytical qualities
    • managerial skills
    • time management skills.
    • flexibility and team-working abilities
    • behavioural skills
    • reflective, imaginative, and innovative management thinking
    • excellent communication skills
    • mathematical skills.

    Top Institutes offering Fellow Program in Management

    Listed below are some of the top institutes in India that offer the course.

    Name of InstituteCityAverage Fees in INR
    Indian Institute of FinanceUttar Pradesh3,20,000
    Indian Institute of Forest ManagementBhopal4,80,000
    Indian Institute of Management, AhmedabadAhmedabad10,00,000
    Indian Institute of Management, BangaloreBangalore13,00,000
    Indian Institute of Management, BhopalBhopal10,00,000
    Indian Institute of Management, KolkataKolkata13,00,000
    Indian Institute of Management, KozhikodeKozhikode9,00,000
    Indian Institute of Management, LucknowLucknow12,00,000
    Indian Institute of Management, RaipurRaipur9,00,000
    Indian Institute of Management, RanchiRanchi10,00,000
    Indian Institute of Management, RohtakRohtak9,00,000
    Indian Institute of Management, ShillongShillong11,00,000
    Indian Institute of Management, ThiruchirapalliThiruchirapalli12,00,000
    Indian Institute of Management, UdaipurUdaipur9,00,000
    Indian School of Business, HyderabadHyderabad8,00,000
    Indian School of Business, MohaliMohali7,00,000
    Institute of Rural ManagementGujarat9,50,000
    International Management InstituteNew Delhi-
    Management Development InstituteHaryana2,12,300
    National Institute of Finance ManagementHaryana3,12,000

    Eligibility for Fellow Program in Management

    Candidates aspiring for admission to the course are required to fulfill the following minimum eligibility criteria.

    • Post-graduation in a relevant stream, completed from a recognized university.
    • A minimum aggregate score of 55% (50% for SC/ST/OBC candidates) at the level of post-graduation.
    • Graduation needs to have been completed in any of:
    1. A., M.Sc., M.Com., M.B.A., M.C.A, M.Tech.
    2. A., ICWA, and C.S.
    3. Tech., B.E.
    4. MBBS or LLB
    • Preferably, a minimum of 12 months of professional experience, as most reputed institutes prefer candidates with work experience.
    Fellow Program in TelanganaFellow Program in Madhya PradeshFellow Program in Andhra PradeshFellow Program in Haryana

    Fellow Program in Management: Admission Process

    Generally, in most of the colleges and institutes offering the course, admission is provided based on the candidate’s performance in a relevant entrance test, conducted at any of State and national levels, followed by a subsequent round of counselling.

    The round of counselling involves two additional rounds of Group Discussion and Personal Interview, wherein candidate’s general aptitude for the course is examined. A merit list is subsequently released issued by the institute allocating available seats to the qualifying candidates.

    Some such institutes that conduct entrance examinations in India for admission to the course are listed below.

    Some such institutes are listed here:

    • Indian Institute of Management (branches all over India)
    • Indian School Business (Hyderabad, Mohali)
    • International Management Institute, New Delhi.

    Fellow Program in Management: Syllabus and Course Description

    A module-wise break-up of the course’s syllabus is tabulated here.

    Module 1

    Module 2

    Compulsory CoursesCompulsory Courses
    Research Methodology (including SPSS)Financial Econometrics
    Strategic Financial ManagementSecurity Analysis and Portfolio Management
    Optional CoursesOptional Courses
    Economics: Theory, Policy, and ApplicationsFinancial Markets, Institutes, and Governance
    Financial and Cost AccountingCorporate Tax Planning
    Written Analysis and CommunicationAdvanced Corporate Finance
    Economic Growth and DevelopmentMicro Finance
    Public Expenditure and Financial AdministrationCorporate Restructuring and Valuation
    -International Finance

    Module 3: Integrated Courses

    Compulsory Courses
    1. Data Collection and Dissemination: Methods and Techniques
    2. Computer Application in Qualitative and Quantitative Research
    Compulsory Courses
    Behavioural Finance
    Venture Capital and Entrepreneurial Finance
    Fixed Income Securities
    Financial Engineering
    Project Analysis, Evaluation, and Financing.

    Fellow Program in Management: Career Prospects

    The program aims at creating skilled professionals capable of having an impact on the expanding and ever-shifting frontiers of global business.

    Such professionals typically:

    • plan, create strategies and plans.
    • supervise and monitor research projects.
    • contribute to the creation and transmission of knowledge in all fields of management and public policy.
    • resolve issues faced by management firms and organizations in India.
    • build the organization’s relationships with other leading universities and organizations worldwide.

    They are recruited in job roles such as:

    • Management Executive
    • Relationship Manager
    • Financial Management Advisory
    • Management Representative
    • Logistics & Customer Service Officer
    • Assistant Manager (Marketing)
    • Development Manager, etc.

    Popular hiring organizations for such post-graduates include:

    • HCL Infosystems Ltd.
    • AIM Technical and Management Services Pvt. Ltd.
    • Greytip Software Pvt. Ltd.
    • Reliance Brands Limited
    • Britannia Industries Ltd., etc.

    Some of the popular professional avenues open to successful postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.

    Fellow Program in Management [FPM] annual salary
    Job PositionJob DescriptionAverage Annual Salary in INR
    Management ExecutiveDepending on the size of the organization, the Management Executive’s responsibilities may include purchasing, hiring, training, quality control, along with day-to-day supervisory duties.60 lakhs
    Relationship ManagerRelationship Managers primarily deal with individual retail customers, and assist them on various banking and financial products. They also assist with dealing with corporate clients or large companies.3.4 lakhs
    Financial Management AdvisoryFinancial Management Advisories help their clients plan for their short and long-term financial goals.3.02 lakhs
    Management RepresentativeManagement Representatives are responsible for attending to customer requirements, quality management, and for reporting to top management officials.5.75 lakhs

    Fellow Programme in Management [FPM] Fee Structure in India

    2.09 L (Minimum Fee)PUBLIC COLLEGES2.09 L (Maximum Fee)
    2.09 L (Average Fee)
    2.31 L (Minimum Fee)PRIVATE COLLEGES12.62 L (Maximum Fee)
    4.99 L (Average Fee)



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