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I am interested in a quantitative finance-oriented Ph.D., so should I apply for an FPM in the Finance/Control area or Decision Sciences in IIM Bangalore?
Firstly IIM Bangalore does not offer FMP in Maths because it does not specialize in Maths. So if you are going for the quantitative field you need to choose an area of interest on your own.
In India Finance has more to do with economics rather than Maths. This is because of the lack of Maths in UG and PG schools. So the research work has a qualitative approach rather than a quantitative one. Here math is just used to express the research conducted and is not for actual research purposes. So based on this information, I have 3 suggestions for you
- If you are hell-bent on pursuing mathematical finance, do it outside India where the score is higher.
- Applying in both areas will widen your prospects. The only requirement is that you must do your area-specific courses.
- Don’t neglect other areas of finance that are very interesting and also quantitative. These include Corporate Finance or Banking.
Based on my suggestions and information you can make a wise decision that suits you the best.
How good is doing FPM in IIM-Rohtak? What are the the future prospects? Is there any scope to work for MNCs after doing this course?
If you are considering pursuing a doctoral program at IIM Rohtak, it is important to have an understanding of the academic and administrative systems in place. While one individual may have had negative experiences, it is important to do your own research and weigh the pros and cons before making a decision.
Here are some points to consider:
- The academic and administrative systems at IIM Rohtak are designed to benefit one person with political backing. Raising concerns can result in termination threats or other forms of harassment. While this is concerning, it is important to remember that this is one person's experience and may not reflect the experiences of all Ph.D. students at the institution.
- It is important to thoroughly research the program you are interested in, including the curriculum, faculty, and support systems in place for students. Look up reviews and rankings, and reach out to current students or alumni to get their perspectives.
- Keep in mind that pursuing a doctoral degree can be a challenging and demanding experience, regardless of the institution. It requires dedication, hard work, and the ability to work independently.
- However, earning a Ph.D. from IIM Rohtak can open up a range of career opportunities. You can become a researcher or an academician. You may also be able to pursue careers in consulting, management, or other fields that value advanced research skills and knowledge.
Ultimately, the decision to pursue a Ph.D. at IIM Rohtak is a personal one that should be made based on your goals, interests, and research. Do your due diligence, weigh the pros and cons, and make an informed decision that feels right for you.
How can an IPM student get admission for FPM at IIMA?
For the FPM program, IIM Ahmedabad selects students based on their performance in CAT. Students with good scores in a standard test in lieu of CAT can also apply for the program. Different specializations of IIM A FRM has different standard tests that aspirants need to take. For most programs, IIMA accepts GRE, GATE, GMAT, UGC JRF scores.
Is it worthwhile doing an FPM course at the IIM in Rohtak
The answer to this question is subjective as it depends solely on your career inclinations, your purpose of pursuing FPM, and what you plan to do after it. It is best suitable
- If you want to pursue research in management
- If you want to enter academics and pursue a career in teaching/research faculty
For the above two cases, the FPM course is the best option. Despite being a new course, it is taught by the best faculty and through excellent pedagogy. This course equals a Ph.D. and can open doors to teaching at IIMs. The job is decent with high pay. All you need to do is invest your time and effort in the course.
The only drawback of this course is that there are no placement opportunities for FPM students.
How good is the EFPM program from IIM Rohtak and what are the career prospects in the long run?
IIM Rohtak is the wrong place to study EFPM/FPM. It is a part-time program offered by IIM Rohtak that is not a degree program or recognized as a Ph.D. After paying 75% of the total fee, the program has 50-60% dropouts in various batches in the first 1.5 years. The Institute is adamant about not making it a Ph.D. program, as most IIMs have.
The curriculum load is extremely heavy, with extremely stringent rules and regulations that are impossible to manage with a regular job. The faculty's overall attitude toward experienced industry executives is also unprofessional. The administration is the absolute worst. There is no knowledge of new research areas.
How is IIM Udaipur for FPM (Operations)?
IIM Udaipur is well known for its enriching research culture and even gives an edge to top B Schools like IIM Calcutta and Ahmedabad in this aspect. It has made many research contributions and therefore has made its position in top ranks.
Operations Management
IIM Udaipur provides all the necessary resources to provide education in this domain.
- The professors are very passionate about promoting research and encourage the students for the same.
- The faculty focuses research on both Analytical modeling and Empirical modeling broadening career options for PhD students.
- Apart from this, the candidate is also allowed to conduct research on collaboration of Operations with other areas, say Economics, Marketing, Finance etc.
- Great emphasis is placed on top category journals both for study/reference purposes and for publications.
Career prospects:
The career prospects of a PhD candidate depends on his/her publications. They can also look for jobs in consulting also.
How is the FPM program of IIM Rohtak?
Indian Institute of Management Rohtak is among the top B-schools in the country. IIM Rohtak has been ranked 21st by NIRF 2020. The Institute offers various programs that include 2 PG programs, 2 Fellowship programs, and various executive training programs.
IIM Rohtak offers a part-time, non-residential fellowship program in management. FPM is specifically designed for working professionals who want to pursue research in management. The grand total fees for completing FPM at IIM Rohtak is INR 6 lacs.
Admissions:
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For admissions in FPM, the requirements include having a PG degree or equivalent in any discipline with at least 55% marks or equivalent CGPA.
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Alternatively, The applicant may also have a four-year bachelor's degree with at least 6.5 CGPA or equivalent.
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The candidates need to have a valid score in CAT/GMAT/GRE/GATE.
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The candidates need to appear for the Research Aptitude Test conducted by IIM Rohtak.
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Admission to FPM courses is based on academic qualifications, performance in management exams, personal interviews, and work experience.
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The application fee is INR. 1000/-.
Scholarships:
IIM Rohtak offers fellowship to the participants of FPM.
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For the first two years, students are given INR 30,000 and for the next two years an amount of INR 35,000 is provided.
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A contingency grant of INR 1,85,000 is given to all students distributed across all four years of the program.
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Students who have participated in the national level or international level of any sports can also apply for Sports Scholarships.
Placement:
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Indian Institute of Management Rohtak had achieved a 100% placement record for the batch of 2018-20.
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86 recruitment companies visited the campus.
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The highest salary offered was 24 LPA and the average salary offered was 13 LPA.
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The IT industry had the most number of placement offers.
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IIM Rohtak had also witnessed 100% placement for summer internships.
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The major recruitment companies included Amazon, Bain capability network, Lenskart, Infosys, etc.
The course is diverse and brings in plenty of opportunities. The above-mentioned facts will help the student to guide and take the decision about attending IIM Rohtak for an FPM.
What should I choose between IIM Ahmedabad PGP-FABM and XLRI Jamshedpur HRM provided that I am an agricultural engineering student?
I assume that you have both options IIM Ahmedabad PGP-FABM and XLRI HRM. If that is the case, then you should make a well-informed decision based on your personal inclinations.
If you had taken Agricultural Engineering because you were genuinely interested in it, then IIM Ahmedabad, PGP-FABM is the best choice for you.
However, if you had to take Agricultural Engineering because that was the last option you had, then it makes no sense to continue with it. In that case, XLRI HRM is the best option for you. This is because the job opportunities after FABM, are scarce, and you. HRM will fetch you office jobs.
Brand-wise both institutes are similar with IIMA having the upper hand. Placements-wise, HRM is better unless you have an interest in Agricultural Engineering.
What is your review of FPM (Fellow Programme in Management), IIM Ahmedabad?
FPM offered by IIM Ahmedabad is a 4-year long doctoral course in the various specializations of management. It offers specialization in Information Systems, Business Policy, Human Resource Management, Innovation and Management in Education, Strategy, etc.
Here are a few major points regarding the program that you should consider
- The program comprised 3 modules containing compulsory and elective courses. You can study 2 specializations.
- You cannot pursue this program alongside working somewhere as this is a full-time residential course.
- IIM Ahmedabad FPM annual fee is INR 2 to INR 13 lakhs. You will be glad o know that the tuition fee is completely waived and a monthly stipend is also provided.
- Although the duration is 4 years some might take 5 years to complete it. Also, you cannot opt for distance learning.
- The future aspects are both academic as well as in the corporate sector.
- FPM average package is in the range of INR 3 to 60 LPA
- FPM future prospects are spread across various sectors like Marketing Companies, Sales sector, Educational Institutes, Financial Organizations, Banks, Export Companies, etc.
Overall, FPM is a great choice for those willing to pursue managerial roles or want to enter academia in the future.
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