The FPM or Fellow Program in Management at IIM Kozhikode does have its own placement program. This is because the batch size is very small. 

But the FPM program in itself is such a meticulous one that all its students become scholars or researchers. The recent data confirms that most of its fellows have been placed in the top IIMs or other reputed Management Schools ranked high on NIRF.

The only thing you need to be careful about is not delaying your thesis work and having good publications. If not you might face problems at the time of placements.

The FPM degree has been renamed as the PhD and IIM Kozhikode provides excellent placements for the same.