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Programme Overview

The Fellow Programme in Management is the doctoral programme of the IMI Delhi. The programme 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 programme accepts both full-time students and part-time students.

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

Admission Open For FPM

The programme is

  • Approved by AICTE
  • Has been awarded PhD equivalence from the Association of Indian Universities(AIU)

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 Delhi needs to be fulfilling the following Eligibility Criteria:

Master’s Degree or equivalent in Engineering and Technology/Management/Economics/Social Science/Biological Science/Pure Science/Commerce/Humanities with FIRST CLASS shall be considered for admission to Fellow programme. Those appearing for their final examination in the respective discipline can also apply

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: Pthe CAT/XAT/GMAT/GRE/NET/GATE/NMAT exam must have been taken on or after 01 January 2021 will be considered valid for admission to the session of 2026.

OR
  • 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.
3. Admission Interview:
Based on the:
  • Research abstract
  • Scores obtained in CAT/GMAT/GRE/XAT/NET or the IMI Research Aptitude Test
  • Evaluation of past academic performance and
  • 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.

Programme Fee (Part-Time)

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

FPM Fee Structure (2026-30)
Cost Heads 1st Year 2nd Year 3rd Year 4th Year Total
Admission/Registration 55,000 0 0 0 55,000
Tuition fees 1,95,000 2,08,000 2,22,000 2,38,000 8,63,000
Learning Resources (books, e-resources, software etc.) 39,000 42,000 45,000 48,000 1,74,000
Alumni fees 20,000 0 0 0 20,000
Security deposit (refundable) 15,000 0 0 0 15,000
Total (Four years) 3,24,000 2,50,000 2,67,000 2,86,000 11,27,000

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 programme
  2. Learning Resource fee: 100% waiver throughout the duration of programme
  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 programme.
  4. Accommodation: FPM [FT] scholars can request hostel accommodation (subject to availability). 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 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 Delhi Faculty and the scholar must ensure the publication is submitted with the IMI 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 programme
  2. Learning Resource fee: 50% waiver throughout the duration of programme  

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

FPM Programme 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 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 IMI Delhi, Delhi”. (For details, please refer to Handbook of Information for FPM students.).
Programme Duration:

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