Fellowship Programme in Management (FPM)

Four-year, Full-time Programme – AICTE approved

The full time Fellowship Programme in Management (FPM) at IMI Kolkata has been designed to cater to the scholarly needs of the faculty members, researchers and executives willing to pursue rigorous research work at doctoral level on a full time basis. The FPM programme is aimed at giving prospective scholars an academic space to challenge the conventional wisdom and encourage them to extend horizons of current thought into a new realm of knowledge and understanding. The FPM research scholars of IMI Kolkata are expected to undertake a rigorous multidisciplinary approach to offer original works of theoretical and application oriented research with far reaching implications.

The Programme

IMI Kolkata offers ample opportunities for advanced study and research. The primary focus of the programme is to prepare qualified candidates for academic careers in research, teaching and consultancy. The programme includes intensive formal courses as well as individually pursued self- study or seminar courses on special topics. The research scholars are expected to work closely with the Institute’s well-known faculty, both inside and outside the classroom.

Programme Objective

  • Promote contemporary academic research
  • Develop the prospect of new age management education in India with pertinent theoretical insights
  • Train, motivate and empower prospective scholars to become highly skilled and innovative researchers and facilitators
Programme duration

The programme is of four years’ duration. However, this is extendable maximum up to 1 year in exceptional cases, subject to the consideration and approval by the IMI Kolkata research council. It consists of two phases. The first phase of the programme involves course work for two years followed by a comprehensive examination (CE). The CE based on research scholar’s chosen area of interest will be taken after completion of the course work. The CE serves as a gateway to the dissertation as the means to ensure that research scholars have the background knowledge to do a doctoral dissertation.

The second phase requires scholars to work on their thesis. This involves the preparation of thesis proposal, pursuing research on this proposal and finally an examination based on the thesis leading to FPM.

Course Structure


The candidates will pursue a number of compulsory courses in different areas of management spread over 3 trimesters in the first year. The courses will be of 3 credits equivalent to 30 hours of classes. After the first 3 trimesters the candidates are required to prepare a summer paper during the period April-June.

On successful completion of first year, during the 2nd year they are required to pursue 4 compulsory courses and at least 5 elective courses during the 4th and the 5th trimester. During the 6th trimester they are required prepare a seminar paper. The candidates will appear for CE at the end of the 6th trimester and on successful completion, will commence their thesis from the 3rd year. At the end of the 2nd year they are required to prepare their thesis proposal during the period April-June.

Compulsory Courses

Following is the list of courses one has to pursue in the first year. However, waivers may be given for some courses as per the decision of IMI Kolkata Research Council.

Group Term I Term II Term III
Finance  Financial Accounting and Analysis Financial Management Core Financial Management II
Cost and Management Accounting Advanced Financial Management Core Elective
Economics Managerial Economics Macro Economic Theory and Policy Indian Economy
Operations Management Operations Management Core I Operations Management Core II Operations Management II
Operations Core Elective
OBHR Organisational Behaviour I Organisational Behaviour II Human Resource Management
Marketing Marketing Management Core Marketing Management II
Marketing Core Elective
Management Information Systems and Analytics Information Technology for Decision Making Quantitative Techniques II Management Information Systems
Quantitative Techniques I Analytics Core Elective
Data Preprocessing and Visualisation
Strategy, Innovation and Entrepreneurship Business Strategy Entreprenuership and Innovation
Corporate Social Responsibility and Sustainaible Development
Corporate Strategy Core Elective

Elective Courses

Following are the set of electives offered in different areas:

9Cloud Computing10Project Management

9Cloud Computing10Project Management

Broad Area Sl. No. Course Name
Economics 1 Advanced Microeconomics
2 Advanced Macroeconomics
3 Econometrics
4 Games people play: strategic thinking for managers
5 Industrial Organisation
6 Development Economics
7 International Business
8 Behavioural Economics in Action
9 Public Economics
10 Business Forecasting
11 Public Policy
12 Financial Economics
Marketing 1 Behavioural & Consumer Research
2 Marketing Models and Theory
3 Strategic Brand Management
4 Advanced Services Marketing
5 Rural and Bop Marketing
6 Advanced Marketing Communications and Digital Marketing
7 Advanced Applications of Marketing Research Methods
8 Retail Marketing Research and Best Practices
Strategic and Business 1 Advanced Strategic Management
2 Seminar on Advanced Methodologies in Strategic Management Research
3 International Strategic Management
4 Strategy and Innovation
5 Seminar on Entrepreneurship
6 Economics of Strategy
7 Concepts in Corporate Governance and Corporate Social Responsibility (CSR)
Operations, Information Systems and Quantitative Technique 1 E-business
2 Data Analytics
3 Data Mining and Business Intelligence
4 Multi Criteria Decision Making
5 Software Risk Management
6 Supply Chain Modeling Techniques
7 Lean Six sigma
8 Operations Research
9 Cloud Computing
10 Project Management
Finance 1 Advanced Corporate Finance
2 Asset Pricing Theory
3 Financial Econometrics
4 Financial Derivatives
5 International Finance
6 Advanced Research in Accounting
7 Behavioural Finance
OBHR 1 Organization Theory and Organizational Development
2 Group Dynamics and Decision Making
3 Conflict Mangement and Negotiation
4 Advanced Researches in Organizational Behaviour
5 Emotional Intelligence and Organizational Stress
6 Talent Analytics
7 Organizational Change and Leadership