IIM Bangalore · NIRF #2 · NAAC A++
Fellow Programme in Management (FPM)
The 5-year doctoral grind at IIM Bangalore for future professors, policy nerds, and research leaders.
Programme Fees
Fully funded with stipend & hostel support. Yes, really.
Key numbers
NIRF Rank (Management)
#2
NAAC Score
3.83 / 4
Batch Size
25 seats
Placement Rate (2025)
85%
Average CTC (2025)
₹18 LPA
Placement · 2025
Where graduates land
Placement rate
85%
Top recruiters
This is a 60-month research marathon, not an MBA+
FPM is built for aspiring academics and deep researchers. Expect rigorous coursework, teaching assistantships, conference presentations, and a dissertation that actually adds to human knowledge. If you want a quick corporate exit, this is not it.
The verdict
Good fit
If research, teaching, or high-level policy is your endgame, IIMB’s FPM is a no-brainer: zero fees, a ₹18 LPA average placement, and access to recruiters like the World Bank and IMF. But it demands 5 years of intense discipline—skip this if you’re chasing a conventional corporate MBA path.
Matches what you said
- ✓ Research & Academia
- ✓ Zero Tuition Cost
- ✓ Global Policy Roles
Doesn't match
- ✗ Fast Corporate Placement
- ✗ General Management Track
- ✗ Large Batch Network