Fellow Programme in Management [FPM] From IIM Lucknow, Lucknow

Lucknow, Uttar PradeshAutonomous UniversityEstd 1984
#4 For MBA By Outlook 2024  
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Fellow Programme in Management [FPM] 
total fees:  ₹6,00,000
4 YearsFull Time
Total Fees₹6 Lakhs

IIM Lucknow Fellow Programme in Management [FPM] Ranking

IIM Lucknow Management ranking by Outlook is 4 out of 25 in India in 2024 and it was ranked 4 out of 24 in India in 2023. IIM Lucknow Management ranking by Financial Times is 85 out of 100 in International in 2024 and it was ranked 90 out of 100 in International in 2023. IIM Lucknow Management ranking by IIRF is 6 out of 46 in India in 2024 and it was ranked 4 out of 44 in India in 2023

Outlook Ranking


Financial Times Ranking

#85 out of 100 in International 2024

IIRF Ranking

#6 out of 46 in India 2024 
#1st in Uttar Pradesh

QS Ranking

#151 out of 315 in International 2024

Do you think the Rankings are wrong ?  Report Here

Course Details

IIM Lucknow FPM is a full time residential programme having a duration of 4 years 6 months. The students spend the first two years with course work & last two years & 6 months with research & thesis preparation. IIM Lucknow FPM Candidates are shortlisted based on their academic record and performance in the competitive examinations like CAT/ GATE/ GRE/ GMAT or JRF/ SRF (UGC/CSIR/ICAR). After that, the college will release the merit list containing the name of all selected students. Selected candidates will be intimated through e-mail at their registered e-mail address.

IIM Lucknow FPM Highlights

The below table represents the highlights of IIM Lucknow FPM course:

Particulars Statistics
Course Name Fellow Programme in Management
Stipend
  • A fellowship stipend of INR 35000 is provided per month during I & II year
  • A Stipend of INR 40000 is provided per month after the successful completion of comprehensive examination in III year.
Duration) 4 Years 6 Months
Selection Criteria
  • Master’s degree or its equivalent in any discipline with minimum aggregated 55% marks
  • Bachelor’s degree in Engineering / four year graduate degree with 65% marks or equivalent grade point average OR
  • Any professional qualifications like CA, ICWA & CS with a minimum 55% aggregated marks & B.Com as undergraduate degree OR
  • Applications already holding a two years or three years full time classroom based PGDM programme from any IIM with a minimum CGPA of 6 on 10 points scale or 60% OR
  • PGPWE (earlier WMP) of IIM Lucknow with a minimum CGPA of 6
  • All applications must have secured a minimum of 55% marks in all their public exam 10th onwards
Admission Criteria Valid score of one of the following exams taken during last two years: Common Admission Test (CAT), GATE, GRE, GMAT or JRF/SRF (UGC/CSIR/ICAR) 
Age Limit Applicant must not be more than 55 years of age as on June 30, 2025
Specializations Agribusiness Management, Business Environment (Economics), Decision Sciences, Finance & Accounting, Human Resource Management, Information Technology Systems, Marketing, Operations Management, Strategic Management

IIM Lucknow FPM Important Dates 2025

Event Date
Last Date to Apply February 12, 2025 (Tentative)
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IIM Lucknow Admission: How to Apply for FPM?

The process of how to apply for IIM Lucknow FPM are mentioned below:

  • Candidates must fulfill the eligibility criteria of FPM.
  • Candidates must fill up the online application completely & pay the application fees online.
  • Candidates need to submit the following documents : A recent passport size color photograph, signature of the candidate, qualifying criteria scorecard, class X mark sheet, Class XII mark sheet, bachelor degree mark sheet/ transcript, post graduate degree mark sheet/ transcript, Any other degree mark sheet/ transcript, identity proof, ST/SC/NC-OBC certificate (if any), certificate of disability (if applicable), experience certificate or pay slip from previous or current employer (if applicable).
  • For an online application to be VALID, a candidate has to click on the 'SUBMIT' button at the end of the online application form. 
  • After clicking on the submit button, candidates will not be allowed to make changes to the form.
  • Short-listed candidates will be required to present all original testimonials at the time of the Personal Interview.

NOTE- NRI candidates and foreign nationals can also be a part of the program. The admission will be based on valid scores obtained in GMAT/GRE within the previous one year.

IIM Lucknow FPM Course Details

The specializations offered under FPM programme are tabulated below:

Agribusiness Management Decision Sciences Human Resource Management Marketing Operations Management
Business Environment Finance & Accounting Information Technology & Systems Strategic Management -

The course of FPM is as follows:

  • During the first year, the FPM scholars need to choose a compulsory set of subjects irrespective of their area. By the end of the first year, the students need to undergo a summer research assignment.
  • After the completion of first year of coursework, scholars have to undergo a two month internship programme consisting of a research at the campus guided by a mentor or an external internship after consulting the academic advisor in the relevant domain. 
  • During the second year of the program, the scholars gain a vast knowledge of the area of specialization and relevant fields. At the same time, the scholars have to choose a dissertation topic which may guide them to formulate their thesis proposal.
  • Scholars will have to do a compulsory Dissertation fetching 2 credits. The scholar will have to follow the thesis work model after completion of the course work.
  • The scholars need to take a comprehensive examination after the completion of the 2nd year. After passing the comprehensive examination, the candidate enters the thesis writing stage.
  • In the thesis proposal, the candidate should identify a research topic, give a seminar on the thesis proposal, and get it approved by the Thesis Advisory Committee (TAC).
  • After obtaining approval of the thesis proposal, the candidate is required to work with the TAC on the thesis .
  • On completion of the thesis work, the thesis has to be submitted and defended. A defense presents evidence for a thesis.

IIM Lucknow FPM Financial Assistance

Indian institute of Management, Lucknow provides the following support options to the prospective candidates-

Fellowship Grants- 

  • The resident scholars of India are given a fellowship allowance upto a period of four and a half years.
  • The Scholars are given a stipend of Rs. 35,000 per month during I and II year. The stipend will continue until the end of the second year provided the scholar clears the comprehensive exams.
  •  Third year onwards, a stipend of rs. 40,000 per month is given provided the candidate successfully clears the comprehensive examination in the third year.

Contingency Grants

  • The resident scholars of India are given a contingency grant for a period of four and a half years.
  • A contingency grant of Rs. 10,000 per annum in I and II year, and Rs. 15,000 per annum during III and IV year of the programme is provided to the candidates to purchase books, computer hardwares/softwares etc. 
  • Rs 50,000 are provided as a one time purchase grant for buying computers before the completion of the course work. 

Conference Support

An amount of Rs. 1,40,000/- is provided to attend one international conference and one domestic conference each in third and fourth year. An additional grant of Rs. 10,000 is offered in third or fourth year to attend a domestic Doctoral Consortium.

Miscellaneous Financial Support 

  • The annual membership fee is reimbursed of any one national and one international society during III and IV year. 
  • The travel and local conveyance expenses are reimbursed for case-writing and field based research. An amount of Rs. 50,000 is provided during the III and IV year for the same. 
  • IIM Lucknow provides help to the married FPM scholars whose families live with them on the campus. A family health insurance of Rs 1 lakh is offered from the institution. 

Quick Links

FAQs

Ques. Are there compulsory internships for FPM students at IIM Lucknow?

Ans. Yes, the scholars need to go through 2 months of summer internships after completion of the first year which consists of either guided summer research at the campus under an academic advisor or an external internship related to the research domain if necessary, after consulting the academic advisor. After completing 4 years of the program, the candidates get 6 months of pre-placement offers.

Ques. Does IIM Lucknow provide a loan for the FPM program?

Ans. Yes, scholars are offered a fellowship in terms of stipend of INR 35,000 every month during the first two years. The stipend will continue if the scholars successfully clear the comprehensive examinations at the end of the second year. 

From 3rd year onwards, scholars are provided with a fellowship in terms of stipend of INR 40,000 after the successful completion of the Comprehensive examination. 

Ques. How do we check if we are selected for an FPM course at IIM Lucknow?

Ans. The candidates can check their selection status as follows: 

  • Visit the official website of IIM Lucknow.
  • Go to the news and announcement section.
  • Check the notice and lists issued by the institute.

Ques. Can we get direct entry to the second year of the IIM Lucknow FPM programme?

Ans. The candidates holding a one/two/three year full-time PGDM from any of the IIMs/WMP of IIM Lucknow with a minimum CGPA of 6 on a 10 point scale or equivalent along with corresponding letter grade B will be exempted from the first year. Such candidates can directly join the second year.

Ques. How to opt for an Internship in FPM at IIM Lucknow?

Ans. The candidates have to compulsorily undergo a two-month summer internship programme. The student can either work at the campus under the academic advisor or opt for an external internship relevant to the field after consulting the advisor.
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Fellow Programme in Management [FPM] Comparison

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6 Lakhs (4 Years 6 Months)
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Ranking
# Ranked 4/272 by India Today Management Ranks
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Highest Salary₹12300000₹7500000₹6600000₹6330000₹8100000
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General Course Details
Duration - 4 Years 6 Months
Course Offered - Full Time
Mode - Full Time
Degree Type - On Campus
Course Level - Doctorate/M.Phil
Course Credential - Degree
Duration - 4 Years
Course Offered - Full Time
Total Seats - 15
Mode - Full Time
Degree Type - On Campus
Course Level - Doctorate/M.Phil
Course Credential - Degree
Duration - 4 Years
Course Offered - Full Time
Mode - Full Time
Degree Type - On Campus
Course Level - Doctorate/M.Phil
Course Credential - Degree
Duration - 3 Years
Course Offered - Full Time
Total Seats - 20
Mode - Full Time
Degree Type - On Campus
Course Level - Doctorate/M.Phil
Course Credential - Diploma
Duration - 4 Years
Course Offered - Full Time
Mode - Full Time
Degree Type - On Campus
Course Level - Doctorate/M.Phil
Course Credential - Degree
EligibilityPost Graduation with 55%GraduationPost GraduationPost GraduationPost Graduation

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IIM Lucknow: 1 Answered Question

How is the FPM in Finance at IIM Indore, Lucknow, Kozhikode?

Sugandhi Sood
SumitWorks at CDGI Indore (2013–present)

The FPM or the Fellow Program in Management is a full-time, residential, fully financially supported doctoral program of the Indian Institute of Management Kozhikode.

One of my friends joined IIM Kozhikode for research under financial accounting and control. According to her, the first year is full of rigor and a rigid curriculum. The FPM students share the curriculum with MBA students in the first year along with 3 FPM courses. The shared curriculum enables them to get in insight into various aspects of Management.

Like the first year, the second to has 3 semesters of 3 months each. This year comprises core FOm courses that give a depth understanding of methodologies and various econometric tools.

One major drawback my friend faced was the improper ratio between the number of courses and their period of study. The second year has 7 courses in each term which imply 12 days per subject which is insufficient. If we consider the 30 hours of classes per course, it means we attend classes for 210 hrs ( appr 8 days).

So IIM Kozhikode no doubt offers top-notch facilities and resources but you will have to prepare yourself to physically and mentally tire yourself to avail of them. FPM is an excellent course for research aspirants and not for casual learners. 

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