Selection Process

For Fellow Program, applicants who fulfill the eligibility criteria stated above are required to submit Common Admission Test (CAT) score conducted by IIMs. Alternatively, those who have earned recent GATE, GRE, GMAT with satisfactory scores may also be considered. Likewise, the recent qualified JRF/SRF candidates can also apply in the relevant areas of specialization. Scores of any of these examinations including CAT taken during the period 2016 – 2017, will be considered valid. Corporate applicants (i.e. experienced Corporate Executives/ Business School Teachers) are welcome to apply without CAT/GATE/GRE/GMAT Score. Short-listed applicants, on the basis of their academic record and performance in the examinations mentioned above, will be advised to appear before the Selection Panel for a personal interview for final selection.

Applicants should note that the mere fulfilment of minimum eligibility criteria will not ensure consideration for short listing by IILM Graduate School of Management.

Areas of Specialization

Marketing, Finance, Strategic Management, Operations Management, International Business, and Organizational Behaviour & Human Resource Management.

Course Work

The FPM programme consists of three phases. The first phase of the programme involves Course Work followed by comprehensive examination. The Fellow Research scholars are required to study the courses (duration six months) such as Strategic Management, Qualitative and Quantitative Techniques, and two courses on the area of their specialization. These classes will be held on Saturdays and Sundays.

Besides the mandatory course of 6 months on the above subjects, full time research scholars and students not coming from Management background will be required to take additional courses. Classes for these additional courses will have to be taken along with regular PGDM students. After the Research Scholars qualify in the examination conducted after the Course Work, they enter the second phase which requires formulation, presentation and submission of research proposal. This is to be presented to the Research Committee and on its approval; the process of registration will be completed. The third phase involves pursuing research in the choosen field, submission and defending of the thesis.

Duration of the Programme and Accommodation

The Fellow Research Scholars are expected to complete the program in four years. However, under special circumstances extension of one more year may be granted.

Accommodation can be provided in the Campus on chargeable basis.


For full time fellows of the programme, the institute will offer Rs. 20,000 for first 2 years and Rs. 25,000 thereafter as scholarships per month for the period of 4 years to upto 4 candidates. The candidates will assist faculty members as a Research Associates for 20 hours per week. No tuition fees will be charged during their study at IILM Graduate School of Management.

FPM Fee Structure (Rupees)

College/University Faculty Rs 20,000 p.a.

Working Executives Rs 80,000 p.a.

Other Fees

Reading material/Computer fee/Library fee Rs 35,000 p.a.

Alumni Life membership Rs 3,000

Security Deposit (Refundable)* Rs 15,000