IMI Bhubaneswar FPM : Fees 2026, Course Duration, Dates, Eligibility

Bhubaneswar, OdishaEstd 2011NAAC Grade B++ 2.9

4.3

(53 Reviews)

Total fees

INR 37,000

4 years, full-time scholar

Monthly stipend

INR 50,000

full-time scholars with no job

Minimum marks

60%

master's degree aggregate

Research grants

INR 2.30 Lakhs

contingency and conference support

In This Page▾

01About this courseThe full write-up, from fees to the stipend 02Should you pick it?Who it suits, who should skip it, and a counsellor's advice 03EligibilityThe marks and scores you need before you apply 04Admission ProcessEvery step from the form to the offer 05Admission DatesThe admission calendar, step by step 06FeesThe full course cost for scholars and for working executives 07Will your score get you a call?Check your marks and test score against the rules 08ScholarshipsWhat the stipend covers and who gets it 09How does it compare?The same course at colleges in its league, side by side 10FAQsShort answers to what students ask before they apply

About IMI Bhubaneswar FPM

IMI Bhubaneswar offers a four-year, full-time Fellow Programme in Management, a doctoral course that AICTE approves. You study one of eight areas, such as Finance, Marketing or Economics and Public Policy. The full fee for a full-time scholar is INR 37,000, because the academic fee is waived. Each scholar with no job gets a stipend of INR 50,000 a month, about INR 6 LPA, for up to four years. You apply with a first class master's degree. A valid CAT, GMAT, GRE, UGC NET, CSIR or NBHM score lets you skip the Research Aptitude Test. The essay and the personal interview then decide the offer. The institute stands #97 in Collegedunia's Management ranking 2025.

IMI Bhubaneswar FPM Fees

A full-time scholar pays INR 37,000 for the whole course, as the academic and tuition fee is waived. If you keep your job and join on the executive track, the total is INR 12.37 Lakhs. You pay the registration fee and the alumni fee once, in year 1. You also pay a security deposit of INR 25,000, and it comes back when you leave. IMI Bhubaneswar fixes these fees.

Fee head	Amount	How it is charged
Registration fee	INR 25,000	One time, in year 1
Alumni life membership	INR 12,000	One time, in year 1
Security deposit	INR 25,000	One time, refundable
Academic and tuition fee	Waived	Full-time scholars pay nothing
Executive track fee	INR 12 Lakhs	INR 3 Lakhs a year, 4 years, only if you keep your job
Total, full-time scholar	INR 37,000	Full course
Total, executive track	INR 12.37 Lakhs	Full course

IMI Bhubaneswar FPM Admission Dates 2027

Applications for the 2026 batch closed on 2 May 2026. The 2027 form is expected to open in Jan 2027, and the dates below are estimates based on 2026. The institute puts each date on its admission page. If you miss the last date to apply, you wait a full year.

Event	Date	Status
FPM application form opens	Jan 2027	Tentative
Last date to apply	May 2027	Tentative
Research Aptitude Test and essay writing	May 2027	Tentative
Personal interview	Jun 2027	Tentative
Final result and offer letter	Jun 2027	Tentative
First fee payment	Jul 2027	Tentative
Reporting and document check	Aug 2027	Tentative
Classes start	Aug 2027	Tentative

IMI Bhubaneswar FPM Eligibility

You need a master's degree with 60% marks, which is a first class. A CA, ICWA or CS with 60% also counts. If you are in the final year, you can apply and get a provisional seat. You must then show the final mark sheet by 31 Dec.

Requirement	What you need
Master's degree	60% aggregate, a first class
Subjects	Management, economics, commerce, engineering, science, social science or humanities
Professional route	CA, ICWA or CS with 60% aggregate
Final-year students	Provisional seat; final mark sheet by 31 Dec

IMI Bhubaneswar FPM Admission Process

You apply online, then write the Research Aptitude Test and an essay. A personal interview follows, and IMI Bhubaneswar makes the offer on all three. If you hold a valid CAT, GMAT, GRE, UGC NET, CSIR or NBHM score, you skip the test. If you do not pay the first fee on time, you lose the seat.

Step	What you do
1. Apply online	Fill the FPM form on the institute site
2. Research Aptitude Test	Write it unless a valid score lets you skip it
3. Essay writing	Write the essay on the selection day
4. Personal interview	Answer questions on your research interest
5. Pay and report	Pay the first fee and bring your original papers

IMI Bhubaneswar FPM Cutoff

IMI Bhubaneswar does not publish a cutoff score for the FPM. The one fixed rule is 60% in your master's degree. After that, the test, the essay and the interview decide the offer.

Rule	What it means
Minimum marks	60% in the master's degree
Cutoff score in the test	Not published
Score that skips the test	Any valid CAT, GMAT, GRE, UGC NET, CSIR or NBHM score
Final say	The essay and the personal interview

IMI Bhubaneswar FPM Placements

IMI Bhubaneswar does not publish placement data for FPM scholars. During the course, the stipend of INR 50,000 a month comes to INR 6 LPA. The coursework has a course on teaching methods, because most scholars aim at teaching and research.

Metric	Value
Campus placement for FPM	Not published
Stipend during the course	INR 50,000 a month, INR 6 LPA
Research reward	INR 1 Lakh for each paper in an A+ journal
What the course trains you for	Teaching and research in management

IMI Bhubaneswar FPM Scholarships

The stipend is the biggest support: INR 50,000 a month, INR 24 Lakhs over four years. You also get a contingency grant of up to INR 80,000 and conference support of up to INR 1.50 Lakhs. The stipend is only for full-time scholars who do not hold a job.

Scholarship	Who can get it	Amount or waiver
Monthly stipend	Full-time scholars with no job	INR 24 Lakhs over four years
Contingency grant	Full-time scholars	INR 80,000, INR 20,000 a year
Conference support	Scholars who clear the comprehensive exam	INR 1.50 Lakhs
Academic fee waiver	Full-time scholars	The whole academic and tuition fee

IMI Bhubaneswar FPM Ranking

IMI Bhubaneswar stands #97 in Collegedunia's Management ranking 2025. It is not in the NIRF top 100 for management in 2025. AICTE approves the FPM, so the degree counts for teaching jobs.

Ranking body	Year	Rank or approval
Collegedunia Management ranking	2025	#97
NIRF Management	2025	Not in the top 100
AICTE	Current	FPM approved

IMI Bhubaneswar FPM Course Structure

Years 1 and 2 hold 30 credits of coursework, and then you sit the comprehensive exam. The later years are for the thesis. If you hold an MBA or PGDM, you skip the first year of coursework.

Stage	What you study
Coursework	Business Statistics, Research Methodology, Advanced Research Methods, Qualitative Techniques and three electives in your area
Also in coursework	a teaching methods course, a seminar paper and a review paper
Comprehensive exam	A test in your chosen area after the coursework
Thesis	Proposal, research and a defence before the research committee

Should you pick FPM at IMI Bhubaneswar?

This course suits graduates who want to teach and do research in management, not students looking for a company job.

Pick it if:

You want a doctorate from a known business school name: the IMI group has taught management for over four decades, and AICTE approves this FPM.

You already hold an MBA or PGDM: you skip the first year of coursework and start your thesis a year sooner.

You worry about money for four years: the stipend is INR 50,000 a month for up to four years, and the fee is INR 37,000.

You hold a valid CAT, GMAT, GRE or UGC NET score: you skip the Research Aptitude Test, so the essay and the interview decide your offer.

Skip it if:

You want a company job with a big package: the course trains you to teach and do research, and the institute publishes no FPM placement data.

You want to keep your job while you study: only scholars with no job get the stipend, and the executive track costs INR 12.37 Lakhs.

You plan to apply at the last minute: the 2026 form closed on 2 May 2026, and a late form waits a full year.

Counsellor's advice

If you have a valid CAT or NET score and a research topic, apply early in the year. Take the seat only if you can study full-time, because scholars with a job get no stipend.

FPM Eligibility▾

Master's degree: 60% aggregate, a first class, in management, economics, commerce, engineering, science, social science or humanities.

Professional route: A CA, ICWA or CS with 60% aggregate marks also counts.

Final-year students: You can apply now and get a provisional seat. Show the final mark sheet by 31 Dec.

Test score: A valid CAT, GMAT, GRE, UGC NET, CSIR or NBHM score lets you skip the Research Aptitude Test.

FPM Admission Process▾

Apply online: Fill the FPM form on the IMI Bhubaneswar website before the last date.

Research Aptitude Test: Write it unless a valid CAT, GMAT, GRE, UGC NET, CSIR or NBHM score lets you skip it.

Essay writing: Every applicant writes the essay, with or without a score.

Personal interview: The last step. The institute makes the offer on the test, the essay and the interview.

Pay and join: Pay the first fee by the date on the offer, or you lose the seat.

FPM Admission Dates 2027

▾

The 2027 calendar is not out yet. These dates are estimates based on 2026. A date marked Confirmed is official.

Tentative

Jan 2027

FPM application form opens

Expected early in the year; the 2026 form closed on 2 May 2026.

Tentative

May 2027

Last date to apply

Expected in May 2027. A late form waits for the next year.

Tentative

May 2027

Research Aptitude Test and essay writing

A valid CAT, GMAT, GRE, UGC NET, CSIR or NBHM score skips the test, not the essay.

Tentative

Jun 2027

Personal interview

Expected soon after the test, for the students who clear it.

Tentative

Jun 2027

Final result and offer letter

Expected in Jun 2027; the offer names your research area.

Tentative

Jul 2027

First fee payment

You lose the seat if the first fee is not paid by the date on the offer.

Tentative

Aug 2027

Reporting and document check

Bring your original mark sheets and ID on the reporting day.

Tentative

Aug 2027

Classes start

Expected in the first week of Aug 2027, going by past batches.

Source: IMI Bhubaneswar FPM admission page and brochure. Confirm on the official site before you act.

IMI Bhubaneswar FPM Fees 2027

▾

This is the full 4-year cost, not one year. These are the last published fees; the 2027 fee is not out yet. Turn on the toggle to see what you pay if you keep your job.

Registration fee

One time, in year 1

INR 25,000

Alumni life membership

One time, in year 1

INR 12,000

Security deposit Refundable

One time, returned when you leave

INR 25,000

Add the fee if you keep your job

Executive track fee

Per year × 4, INR 3 Lakhs a year, academic and tuition fee

INR 12 Lakhs

Total course fee

INR 37,000

4 years · registration + alumni fee, deposit not added

Total course fee

INR 12.37 Lakhs

4 years · registration + alumni fee + executive track fee

Education loan EMI

INR 624

7 yr · 10.5% per year

Monthly stipend

INR 50,000

for up to 4 years, scholars with no job

Education loan EMI

INR 20,857

7 yr · 10.5% per year

Monthly stipend

None

not paid while you keep a job

Source: IMI Bhubaneswar FPM brochure and admission page. Confirm on the official site before you act.

Will your score get you a call from IMI Bhubaneswar?

Pick your master's marks and your test score. No cutoff score is published, so this checks the rules only.

Master's marks

60% or moreBelow 60%

Test score

Valid CAT, GMAT, GRE or NETNo valid score

Yes, you can apply

Your marks meet the rule and your score lets you skip the Research Aptitude Test. The essay and the interview decide your offer.

Almost there

Your marks meet the rule, but you must write the Research Aptitude Test first. Then the essay and the interview decide your offer.

Not yet

The FPM needs 60% in your master's degree, and a test score does not replace it. A CA, ICWA or CS with 60% also counts.

Not yet

The FPM needs 60% in your master's degree before anything else. A CA, ICWA or CS with 60% also counts.

EDITOR'S NOTE

Clearing the rules gets you a call, not a seat. The essay and the interview weigh your research idea, so bring a clear topic in your area.

IMI Bhubaneswar FPM Scholarship Calculator

Answer one question to see how much of the fee the stipend covers. Confirm the final amount with the institute.

Do you have a job?

No jobKeep my job

Scholarships you missedYou do not qualify on your answers. Tap to see why.▾

Each chip below says which answer blocked the scheme.

FPM stipend, set against the fee

INR 37,000

IMI Bhubaneswar

The stipend is INR 50,000 a month for up to four years, INR 24 Lakhs in all. The first month covers the whole fee.

Who qualifies: full-time scholars with no jobApply by May 2027, with the FPM form

Not eligible on your answers: the stipend is not paid while you keep a job

No scheme matches these answers. Ask the institute about paying in parts and about education loans.

Fee covered by the stipend

INR 37,000

Your net course fee: INR 0

Fee covered by the stipend

INR 0

Your net course fee: INR 37,000

IMI Bhubaneswar FPM vs similar colleges

Tap a college to see it next to IMI Bhubaneswar. The cream box marks the better number in each row: lower fees, a higher stipend, bigger grants.

Compare with

IMI KolkataIMI DelhiGIM GoaBIMTECH

This page

International Management Institute Bhubaneswar

Bhubaneswar

Compared with

International Management Institute Kolkata

Kolkata

Compared with

International Management Institute New Delhi

New Delhi

Compared with

Goa Institute of Management

Goa

Compared with

Birla Institute of Management Technology

Greater Noida

Total fees4 years, full-time scholar

INR 37,000

registration + alumni fee

INR 40,000

INR 3,000 more

Not published

INR 42,000

INR 5,000 more, 2024 to 28 batch

INR 5,000

INR 32,000 less, 2025 bulletin

Stipend, year 1a month

INR 50,000

INR 37,000

INR 13,000 less

INR 65,000

INR 15,000 more

INR 62,000

INR 12,000 more

INR 50,000

Same stipend, 2025 bulletin

Stipend, year 4a month

INR 50,000

INR 42,000

INR 8,000 less

INR 65,000

INR 15,000 more

INR 62,000

INR 12,000 more

INR 60,000

INR 10,000 more, 2025 bulletin

Stipend, all 4 years48 months added up

INR 24 Lakhs

INR 18.96 Lakhs

INR 5.04 Lakhs less

INR 31.20 Lakhs

INR 7.20 Lakhs more

INR 29.76 Lakhs

INR 5.76 Lakhs more

INR 27 Lakhs

INR 3 Lakhs more, 2025 bulletin

Contingency grantwhole course

INR 80,000

Not published

INR 90,000

INR 10,000 more

INR 1.50 Lakhs

INR 70,000 more

Not published

Conference supportwhole course, upper limit

INR 1.50 Lakhs

Not published

INR 1.20 Lakhs

INR 30,000 less

Not published

INR 1.80 Lakhs

INR 30,000 more, 2025 bulletin

In short

IMI Kolkata pays a smaller stipend and charges a little more. If both make you an offer in your area, take IMI Bhubaneswar for the money; pick IMI Kolkata only for a guide you want there.

In short

IMI Delhi pays a bigger stipend every month for four years. If it makes you an offer in your area, it gives more money; if it does not, IMI Bhubaneswar is a sound second choice.

In short

GIM Goa pays more each month and gives a bigger contingency grant, for a slightly higher fee. If both make you an offer, compare the guides in your area first, then the stipend.

In short

BIMTECH starts at the same stipend and raises it each year, with a lower fee. If both make you an offer, BIMTECH pays more over four years; choose IMI Bhubaneswar if its faculty fits your topic.

Fees and stipends can change. Check each college site before you decide.

FAQs on IMI Bhubaneswar FPM

Straight answers to what students ask before they decide.

Is the FPM at IMI Bhubaneswar worth it?▾

Yes, if you want a teaching or research career in management. The full fee for a full-time scholar is INR 37,000 and the stipend is INR 50,000 a month, so the course costs you almost nothing. Check that a faculty member works in your area before you apply.

Should I join the FPM if I want a company job?▾

No, this course is not built for that. It trains you to teach and do research, and the institute publishes no FPM placement data. If a company job with a big package is your goal, an MBA or a PGDM is the better route.

Who should not take this course?▾

Skip it if you want to keep your job or if you are not sure about research. Only scholars with no job get the stipend, and the executive track costs INR 12.37 Lakhs. The course takes four years or more, so be sure of your topic first.

Is the FPM good for a teaching career?▾

Yes. AICTE approves the FPM, and the coursework includes a course on teaching methods. You also write a seminar paper and a review paper during coursework, which help your research record. Ask your guide early about publishing in good journals, as teaching jobs look at papers.

Can I live on the stipend if I join?▾

For most students, yes. The stipend is INR 50,000 a month for up to four years, and the full fee is INR 37,000. You also get a contingency grant of up to INR 80,000 for research costs. Plan your rent and food in Bhubaneswar within the stipend.

Should I apply if I have no CAT or NET score?▾

Yes, if you have 60% in your master's degree. You will write the Research Aptitude Test, then the essay and the interview. Prepare for the test like an aptitude exam, and bring a clear research idea to the interview.

Which research area should I pick?▾

Pick the area of your master's degree or your work. The FPM covers eight areas, such as Finance and Accounting, Marketing, and Economics and Public Policy. Read the faculty pages first, because your guide decides much of your four years.

Should I wait a year to apply with a better score?▾

Usually no. No cutoff score is published, and a valid score only lets you skip the Research Aptitude Test. If your marks meet the 60% rule, apply this cycle and write the test instead of waiting a full year.

How do I get admission to the FPM?▾

Fill the online FPM form before the last date. Then write the Research Aptitude Test, unless a valid score lets you skip it, write the essay and face the personal interview. If you get the offer, pay the first fee by its date, or you lose the seat.

What is the full fee for the FPM?▾

A full-time scholar pays INR 37,000 for the whole course: the registration fee and the alumni fee. You also pay a refundable security deposit of INR 25,000. If you keep your job and join on the executive track, the total is INR 12.37 Lakhs.

Do I get the security deposit back?▾

Yes. The security deposit of INR 25,000 comes back when you leave, once you clear all dues. The institute keeps a part only for unpaid dues or damage to its property, so keep your fee receipts and hostel clearance safe.

Is there a cutoff score for the test?▾

No cutoff score is published. The one fixed rule is 60% in your master's degree. After that, the Research Aptitude Test, the essay and the interview decide the offer, so prepare for all three steps.

This page is AI assisted and human verified.