The IIM B test for getting into a fellowship program which is also known as RAT is difficult. It can be challenging if you haven’t prepared for CAT/GMAT/GRE/JRF in the past or took any kind of prep course. The examination includes theory questions from specific areas of Game Theory, Calculus, or other advanced techniques from standard undergrad syllabus but the examination syllabus isn’t limited to these topics.
IIM B test isn’t an aptitude test like CAT. As these are area-specific tests, a good weightage is given to the test score for evaluation.
IIM Rohtak’s FRM program is average at best. The number of faculties available is very few. So, the advisor keeps changing. Also, there is hardly any research work happening. You won’t get the proper guidance and training needed to continue the degree. The lack of a proper research interface makes it a poor choice for pursuing an FRM program.
NITIE Mumbai offers a doctoral-level fellowship program. Recognized by the Ministry of HRD, this program is equivalent to a Ph.D. of any Indian Institute.
NITIE Fellow program is interdisciplinary in nature and covers different facets of industrial, business, and social issues. Finance, Marketing, Economics, Operation Management, Organizational Behaviour, Sustainability, Corporate Social Responsibility & Ethics are some of the specializations of the fellow program.
There are two types of Fellow program admission, i.e. regular full-time candidates and sponsored candidates. Regular full-time candidates with valid GATE or NET JRF scores get financial assistance from the institute.
The course work for the first year is the same for all departments except three steam-specific courses. During the second semester of the program, the institute will assign you a guide as per the research proposal that you will submit during the time of admission.
It is to be cleared first that the FPM course is completely equivalent to a Ph.D degree. It takes approximately 4-5 years to complete, along with accurate learning and research work.
The fact is that ISB generally pays Rs. 40000 as a stipend along with House Allowances to the candidates who are doing FPM on a full-time basis. Thereby you are not required to pay anything from their own pocket, but they can earn 40 thousand per month.
However, the most important thing is that FPM requires accuracy to complete the study without spending money. So, you have to study with full accuracy, and earn support from this institute to carry on your personal and family expenses. You have to enroll as a full-time candidate and should not have any other source of income.
If you have any other second income, then it will not work. After completing this program, the student will get unlimited rewards, considering their knowledge and income.
The Fellow Programme in Management (FPM) of IIM Kozhikode is a full-time, residential program and is a financially supported doctoral program as was once initiated by the institute.
Here is a breakdown of various vital points,
Applicants holding an Executive PGDM from IIM Kozhikode, the applicants bearing a PGDM (full-time 2-year program) from any of the IIMs, despite their establishment, can be exempted from taking qualifying tests.
Candidates would be eligible based on their recommendations, their profile and their qualifying scores. Candidates would have to further go through a personal interview (and/or written exams) at IIM Kozhikode.
It is definitely not easy to get into the FPM program in XLRI. You need to have good research aptitude, along with a decent XAT/GMAT score. You should have a consistently good academic record as well. Shortlisted students are called for an interview. Students who perform well in the PI round are selected for final admission.
My cousin is in his sophomore year, pursuing FPM at IIM Rohtak, and here is what he has to say about the course.
Course structure:
In the very beginning of your first year, you will have to attend the classes with the students from PGP. From the second year onwards, you will attend classes that are a fair mix of several PGP classes and a few subjects of your own preference.
The only point of difference both the scenarios share is that in a class with the PGP students, you will have to sit with at least 50 students, while if you are in the FPM class alone, there will be about 5 other students at a maximum.The second-year usually is packed with submissions of certain mini-thesis papers and a comprehensive viva, following which you are transported on to research. The duration provided can be of 2 years or more.
Faculty:
The faculty at the institute are supportive and experienced. Every student secures a hand of support whenever required and obtains guidance from the very beginning of the first year. You can change your guide, from the second year, as per your choice.
Campus:
The main campus is yet under establishment.IIM Rohtak, at present, is operating from Maharishi Dayanand University. Other than that, the rooms you can avail of, have sharing policies and do not support family accommodation.
Career Exposure:
Following your studies, you can either go on to become a researcher or an academician. According to the recent placement highlights the average CTC offered at the institute is around 13 LPA. You can check the detailed placement stats of the institute, on the official website.
Here is a detailed outlook of the institute. Hope this helps you understand better.
My cousin recently joined the institute and has seen students frequently vacate the FPM program of IIM Rohtak. There can be several reasons for this. However, it is somewhat unlikely and vague as well. Especially, when considering the issues concerning the director, as is known by the students.
Nobody can vouch for the scenario taking place at the institute. Thus, it is always the right choice to analyze what you are going for. It is suggested to stay updated with any information at all.
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:
For admissions in FPM, the requirements include having a PG degree or equivalent in any discipline with at least 55% marks or equivalent CGPA.
Alternatively, The applicant may also have a four-year bachelor's degree with at least 6.5 CGPA or equivalent.
The candidates need to have a valid score in CAT/GMAT/GRE/GATE.
The candidates need to appear for the Research Aptitude Test conducted by IIM Rohtak.
Admission to FPM courses is based on academic qualifications, performance in management exams, personal interviews, and work experience.
The application fee is INR. 1000/-.
Scholarships:
IIM Rohtak offers fellowship to the participants of FPM.
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.
A contingency grant of INR 1,85,000 is given to all students distributed across all four years of the program.
Students who have participated in the national level or international level of any sports can also apply for Sports Scholarships.
Placement:
Indian Institute of Management Rohtak had achieved a 100% placement record for the batch of 2018-20.
86 recruitment companies visited the campus.
The highest salary offered was 24 LPA and the average salary offered was 13 LPA.
The IT industry had the most number of placement offers.
IIM Rohtak had also witnessed 100% placement for summer internships.
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.
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.