IMT Hyderabad offers the Fellow Programme in Management (FPM), a four-year, full-time doctoral course on its Hyderabad campus. It trains you for teaching, research and consulting. The institute is #72 in NIRF Management 2025 and #100 in Collegedunia's Management ranking 2025. No tuition fee is listed, and the hostel and meals estimate for the course is INR 1.68 Lakhs. You get a stipend of INR 50,000 a month, which is INR 6 LPA, for up to 4 years. You apply with a CAT, XAT, GMAT, GRE or GATE score, or a UGC NET pass. A research proposal and an interview decide the offer. There are 20 seats and no campus placement.
The total fees with the deposit is INR 1.91 Lakhs, while the fees without it is INR 1.68 Lakhs. The tuition fee is INR 0, as the institute lists no tuition fee for FPM scholars. The INR 1.68 Lakhs is the institute's own estimate for hostel stay and meals. You pay the INR 23,000 deposit once, and INR 15,000 of it comes back when you leave. The stipend is meant to cover these costs.
| Fee head | Amount | How it is charged |
|---|---|---|
| Tuition fee | INR 0 | Not charged to FPM scholars |
| Hostel and meals estimate | INR 1.68 Lakhs | Full course, the institute's estimate |
| Security deposit | INR 23,000 | One time, INR 15,000 of it comes back |
| Total, no deposit | INR 1.68 Lakhs | Full course |
| Total with deposit | INR 1.91 Lakhs | Full course |
The 2026 batch is in class, and the 2027 form is expected in Mar 2027. These dates are estimates based on 2026, when the form opened on 7 Mar 2026. Classes for the 2027 batch are expected to start in Jun 2027. Watch for the Phase 1 last date, because Phase 2 is the last chance.
| Event | Date | Status |
|---|---|---|
| FPM application form opens | Mar 2027 | Tentative |
| Phase 1 last date to apply | Apr 2027 | Tentative |
| Phase 1 interview on campus | Apr 2027 | Tentative |
| Phase 1 result and offer | Apr 2027 | Tentative |
| Phase 2 last date to apply | May 2027 | Tentative |
| Phase 2 interview and result | May 2027 | Tentative |
| Offer acceptance and deposit | Jun 2027 | Tentative |
| Reporting and document check | Jun 2027 | Tentative |
| Classes start with the preparatory course | Jun 2027 | Tentative |
You need a Master's degree in any subject with at least 60% marks. A five-year integrated Master's with 60% also counts, and so does a degree with CA, CMA or CS. You also need a CAT, XAT, GMAT, GRE or GATE score from 1 Jan 2020 or later, or a UGC NET pass. If you are in the final year, you can join once your college confirms you have finished.
| Requirement | What you need |
|---|---|
| Master's degree | Any subject, at least 60% marks |
| Other routes | Five-year integrated Master's with 60%, or a degree with CA, CMA or CS |
| Test | CAT, XAT, GMAT, GRE or GATE score from 1 Jan 2020 or later |
| UGC NET | A pass is enough to apply |
| Final-year students | Can join; the Master's papers are due by 31 Dec of the joining year |
The process has four steps: the online form, the research proposal, the interview and the offer. You send a research proposal of about 1,000 words with the form. The institute shortlists students and calls them to the campus for the interview. If you miss a phase's last date, you have to wait for the next phase.
| Step | What you do |
|---|---|
| 1. Fill the form | Apply online in Phase 1 or Phase 2 |
| 2. Send the proposal | About 1,000 words on your research area |
| 3. Attend the interview | Come to the Hyderabad campus if you are shortlisted |
| 4. Accept the offer | Accept by the date on your offer letter and report in June |
IMT Hyderabad does not publish a cutoff score for FPM. The fixed rules are 60% in your Master's and a test score from 1 Jan 2020 or later. Beyond these rules, the interview panel decides, so your proposal matters as much as your score.
| Rule | What counts |
|---|---|
| Master's marks | 60% or more |
| Test score | CAT, XAT, GMAT, GRE or GATE, taken on or after 1 Jan 2020 |
| UGC NET | A pass is enough to apply |
| Research proposal | About 1,000 words in your area |
The FPM has no campus placement, so there is no average pay figure. Instead you get INR 50,000 a month, which is INR 6 LPA, for up to 4 years. The stipend stops if you take a job before then. The course trains you for teaching, research and consulting roles.
| Metric | Value |
|---|---|
| Monthly stipend | INR 50,000 |
| Stipend in a year | INR 6 LPA |
| Stipend period | Up to 4 years, or until you join a job |
| Campus placement | Not offered for FPM |
| Roles the course trains for | Teaching, research and consulting |
The stipend of INR 50,000 a month is the main support, and it adds up to INR 24 Lakhs over 4 years. The institute also gives full-time scholars a modest room on campus. You lose the stipend when you join a job.
| Scholarship | Who can get it | Amount or waiver |
|---|---|---|
| IMT Hyderabad FPM stipend | Full-time scholars who are not in a job | INR 50,000 a month, INR 24 Lakhs over 4 years |
| Campus room | Full-time scholars; no family rooms | A modest room, no amount published |
IMT Hyderabad is #72 in NIRF Management 2025, up from #97 in 2024. It is #100 in Collegedunia's Management ranking 2025. NIRF ranks on the data the institute sends every year.
| Ranking body | Year | Rank or grade |
|---|---|---|
| Collegedunia Management ranking | 2025 | #100 |
| NIRF Management | 2025 | #72 |
| NIRF Management | 2024 | #97 |
Year 1 has 45 credits of core management and research methods, and Year 2 has 36 credits in your area. You write the comprehensive exam within 3 months of the last Year 2 term. Years 3 and 4 go to your thesis.
| Year | What you study |
|---|---|
| Before Year 1 | A 4-week preparatory course in Jun and Jul |
| Year 1 | Core management, research methods and data science, 45 credits |
| Year 2 | Case writing, a review paper and area courses, 36 credits |
| Years 3 and 4 | Your thesis, after the comprehensive exam |
Full-time scholars get a modest room on the 30-acre campus. There is no family housing for married scholars. The campus is 15 minutes from Rajiv Gandhi International Airport.
| Item | Detail |
|---|---|
| Room | A modest room for full-time scholars |
| Family housing | Not given |
| Campus | 30 acres, with hostels and dining halls |
| Location | 15 minutes from Rajiv Gandhi International Airport |
This course suits students who want to teach or do research in management and can live on campus for four years.
The 2027 calendar is not out yet. These dates are estimates based on 2026. A date marked Confirmed is official.
Source: IMT Hyderabad FPM admission page. Confirm on the official site before you act.
This is the full 4-year cost, not one year. Turn on the toggle to add the security deposit.
Source: IMT Hyderabad FPM page, mandatory disclosure and refund policy. Confirm on the official site before you act.
Pick your degree and your test. There is no published cutoff score; these are the rules to apply.
No score guarantees a seat here. The panel reads your proposal and meets you, so a clear research question counts as much as your test score.
Answer one question to see what the stipend covers. Confirm the final amount with the institute.
The stipend stops when a scholar joins a job, so a paid job blocks it.
Tap a college to see it next to IMT Hyderabad. The cream box marks the better number in each row: a higher stipend, a better NIRF rank, a lower minimum mark.
Stipends can change. Check each college site before you decide.
Straight answers to what students ask before they decide.
This page is AI assisted and human verified.
IMT Hyderabad is better as it is the youngest member of the IMT group and it is situated in this city which is booming with regards to IT, marketing, and finance.
| Category | BIMTECH | IMT Hyderabad |
| Total Fee | 9 lakh | 12.03 lakh |
| Companies Visited | ICICI, Infosys, IDFC, etc. | Walmart, KPMG, Deloitte, etc. |
| Highest Package | 23 LPA | 17.33 LPA |
| Average Package | 15 LPA | 10.1 LPA |
Pursuing an MBA is hectic but it is also fun with all the clubs and committees around. There are a lot of events now and then and it gives you a lot of exposure as well. It delivers a holistic education to you. Therefore, it can be concluded that if you are admitted to IMT, you will have loads of opportunities to improve your skills.
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