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FPM at IIM Lucknow

Lucknow, Uttar PradeshAutonomous University

Fellow Programme in Management [FPM]


Course Fees

Course Duration

4 Years 6 Months

Total Fees

6 Lakhs

Detailed Fees

general
Total Fees₹ 6 Lakhs

Course Information

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)
Read More

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.

Placement

Highest Placement₹ 1.0 Crore
Average Placement₹ 32.2 Lakhs
Top Companies

College Ranking

Ranking of Indian Institute of Management IIML



Ask your question

Answered Questions

Indian Institute of Management IIML: 130 answered questions

AV

Akash Vadera

07 Mar 23

Candidates need to score a minimum of 90 percentile in CAT to participate in the IIM Lucknow admission process for PGP courses. The cutoff for various courses at IIM Bangalore are as follows 

Course

Cutoff Percentile

PGP-ABM

85

Post Graduate Diploma in Sustainable Management 

85

PGPM

90

However, according to the cutoff trends, the minimum expected cutoff for IIM Lucknow is 90 and the maximum expected cutoff is 99. Some points to keep in mind are

  • Your maximum focus should be on your CAT score. Try to score 99+
  • Past academics are also taken into consideration in IIM Bangalore admission 
  • Work Experience carries 10% weightage
  • A decent to good profile can be get admitted by scoring 99.3+
  • An average profile's required percentile is unpredictable but should aim as high as they can.

Being a non-engineer female can increase your chances while vice versa can decrease your chances.


MS

Malabika Saha

24 Jun 22

The brand value of ISB and XLRI, FMS, IIM L can’t be compared. ISB is known for its executive PGP while XLRI, FMS, and IIM L are reputed for their two-year-long MBA progran. These are some of the top-rated B-Schools in the country and have long-standing legacies. 

ISB has a huge batch size of around 800. Due to the huge batch size students face problems getting decent opportunities through campus placements. The ROI isn’t that good. The total course fee for PGPM is around INR 36.3 lakhs. While the average CTC is around 34.07 LPA, according to the recent highlights of ISB placements.


DA

Dikhsha Agarwal

05 May 22

XLRI is the better option among these. The institute has a strong industry presence. According to the recent highlights, XLRI placements are pretty good. During the 2022 placement drive, the average CTC offered was INR 30.73 LPA. While the highest CTC offered was INR 60 LPA. 

XLRI is widely reputed across the country. If you check the credentials of multinational brands operating in India, most of them are XLRI alumni. 

Student life at XLRI is much better compared to IIM L. The personality development programs of XLRI are pretty good and help students gain management and leadership traits. IIM L has a more traditional approach toward academics. 


AJ

Arshit Jain

17 Nov 22

If you have a good 10th and 12th-grade point average but a gradual decrease in graduation, it will undoubtedly affect your admission if you do not have work experience.

Attempt to improve your CAT percentile. Having a round 99.86+ percentile, you may receive a call from both the new and old IIMs.


TM

Taara Malhotra

16 Jan 23

SJMSOM at IIT B was founded in 1995, making it a relatively newer institution. But for a couple of years now, it has been making headlines because of some really outstanding profiles that were provided. Its core competencies are operations and supply chain management. There is no doubt that IIT B is the best choice if you want to work as a product manager. IIT B also has a beautiful campus with excellent facilities.

Additionally, it would give you the opportunity to take part in MOOD-I, the most significant cultural festival in all of Asia, which is held at IIT Bombay. With the well-known tech fests, there is another opportunity for you to participate. Furthermore, there are benefits to living in Mumbai. For guest lectures, the majority of the industry experts live nearby and are easily reachable. 

IIM Lucknow was founded in 1984, so it has 11 batches more alumni than IIT B, resulting in approximately 3300 more alumni (considering 300 students per batch on average). It is also the fourth oldest IIM, following A, B, and C. You will gain a lot more industry experience, which will assist you in deciding what you truly want to do. In addition, IIM L offers better opportunities in Sales & Marketing, Consultancy, and BFSI than SJMSOM. Furthermore, you will be networking with a large number of students from all over the country and forming lifelong friendships. Furthermore, the IIM tag for a managerial position has an advantage over the IIT tag, which is still developing.

It would be fine if you went to IIM L, SJMSOM, or any other B school a few years later. When you switch from the first company you get after your placements, the new recruiters will be more interested in your work than in the college you attended. And the impact of your college's name gradually fades. What remains are the lessons you've learned and the memories you've made over the last two years. 


SM

Siddarth Mukharjee

05 May 22

Compared to IIM Lucknow’s IPMX, IIM Indore’s EPGP will be a better option. 

Small Cohort Size: 

IIM Indore has a small cohort size. So, the professor-to-student ratio is higher. 

Location: 

IIM Indore IPMX program takes place on the Noida campus. The environment on campus is ideal for studies and it also has the advantage of being close to the industries in the Delhi NCR region. 

Placement:

IIM Indore Executive MBA placements 2022 had witnessed an all-time high average placement package. The average CTC for the top 25% of the EPGP students was INR 35.5 LPA. While the top 50% of students received an average CTC of INR 30.6 LPA. 

Batch Size: 

IIM Indore 2021 EPGP batch had 68 students. Students had work experiences in the range of 5-15 years. The students crowd is diverse and there is huge potential for peer learning. 

Due to these factors, EPGP from IIM Indore will be a better option. 


SP

Santosh Parvatikar

08 Jan 23

IIM Lucknow is known for its lack of transparency and highly confidential placements. The reason was disclosed by one of my friends who was a victim of this secrecy. According to him, the figures revealed are that of just 150 students who get placed at good firms. They receive packages of around INR 20 LPA. The rest 300-400 students either land very low-paying jobs and most of them even stand unplaced. This cruelty is not brought to light by the authorities and placement committees.

The placement committees are the ones to be blamed for this partiality. It is said that they are highly involved in collecting heavy fines from students to get them placed. This makes it difficult for financially weak or morally upright students to get placed despite their talents and efficiency.

Usually, the average CTC is lower than other IIMs and is thus never revealed to the public.

So to get placed in IIM Lucknow you have to get involved in wrongdoings and illegal stuff which is not recommended.


PB

Prapti Banerjee

05 May 22

Among these IIM Lucknow PGP ABM is the best option. IIM Lucknow tag offers certain advantages. You will get access to many case studies, a diverse student pool, a huge alumni network, and an ecosystem that fosters learning and excellence. 

For the first year, ABM students share classes with PGP students. The curriculum faculty and learning will be the same. For the second year, you can choose some extra subjects according to your interest along with your specializations. 

IIM Lucknow offers good placement opportunities to PGP ABM students. Along with FMCG companies, most companies in Consulting, Marketing, Finance, Operations, and HR are open to ABM students. In recent years, IIM Lucknow ABM placements had an average CTC of INR 24-25 LPA. 


S

Sagardeep

16 Jan 23

When discussing a business school, the most common topics of conversation are diversity, peer learning, case competitions, learning culture, and placements.

Both FMS and IIM Lucknow have very different admissions criteria. Lucknow promotes academic diversity and places a high value on interview scores, whereas FMS places a greater emphasis on percentile.

Typically, classes in business schools last until five o'clock. If you stay on campus, you have the option of sleeping until 8 p.m. and then attending a club/committee event at 9 p.m. When you have in-house fields, you can relieve stress by playing football or cricket at night. You have the chance to run your own business at IIML thanks to their student-run enterprises on campus.

When it comes to faculty, case competitions, and academic curriculum, both brands are massive, and there are numerous opportunities. Additionally, since ROI is the topic of most discussion, FMS succeeds in this area if cost is a genuine concern.


SC

Sunil Chaudhuri

23 Jun 21

One of my friends studied at IIM Lucknow. According to him, WMP (working manager program) at IIM Lucknow is one of the exceptional programs in India.

  • This program takes place in Noida and is 2.5 years for professionals in Delhi-NCR.
  • It is an on-campus program, therefore, does not involve distance learning.
  • Classes take place in IIM Lucknow (Noida Campus).
  • The study hours are the same as normal IIM PGP programs.
  • The batches are highly experienced with an average of 10 years.
  • Networking events provide an opportunity to meet and learn from the IIM Lucknow Alumni as well as the Industry Experts that pay regular visits to the campus.

Categories

WMP at IIM Lucknow

Course Fee

13.70 lakh

Median CTC

21 LPA

Recruiting Companies

Coca Cola, Capgemini, HSBC, HP, etc.

Since the objective is learning, the exchange of knowledge takes place among the batch-mates as well. Undergoing learning and implementing the learning at work is a great opportunity for the Working Professional/Managers.



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