
| Updated On - Sep 4, 2026
LBSIM will open applications for the Fellow Programme in Management (FPM) 2027 batch in February 2027. Non-working scholars will pay Rs 2 lakh in fees and receive a monthly stipend starting at Rs 40000 for the four-year doctoral programme.

The Lal Bahadur Shastri Institute of Management (LBSIM) has announced FPM 2027 admissions. The Fellow Programme in Management (FPM) applications will open in February 2027. Candidates can apply online at forms.lbsim.ac.in.
The FPM is a full-time doctoral programme at LBSIM. The campus is located in New Delhi. Shortlisted applicants will attend interviews between February and March 2027.
Non-working scholars complete the programme in four years. Working executives are given up to six years. The application fee is Rs 2200 payable online.
LBSIM FPM 2027 Eligibility
Applicants must meet the academic and test-score conditions listed below.
- A master's degree in any discipline with at least 60 percent marks.
- The degree must be recognised by AICTE or AIU.
- A valid CAT, GMAT, GRE, UGC-NET, or GATE score is required.
- The qualifying test score must not be older than three years.
- A Bachelor's degree after 10+2 schooling is also required.
LBSIM FPM 2027 Fee Structure
The programme fee varies by scholar category. Details are shown below.
| Scholar Category | Fee Per Annum (Rs) | Total Programme Fee (Rs) |
|---|---|---|
| Non-Working Scholars | 60000 | 200000 |
| Working Executives | 120000 | 480000 |
LBSIM FPM 2027 Stipend and Research Support
LBSIM pays a monthly stipend to non-working FPM scholars. Working executives are not covered under this benefit.
| Period From Joining | Monthly Stipend (Rs) |
|---|---|
| First Two Years | 40000 |
| Next Two Years (maximum) | 45000 |
The stipend runs for a maximum of four years. Scholars must clear the quarterly academic review to continue. The institute also reimburses up to Rs 50000 for research expenses.
LBSIM FPM 2027 Areas of Specialisation
Candidates can pursue research across several management streams. The main areas of specialisation are listed below.
- Finance and Accounting
- Marketing
- Operations Management
- Human Resources
- Business Ethics
- Economics and International Business
LBSIM FPM 2027 Selection Process
The selection uses three main filters listed below.
- Academic record and past qualifications of the candidate.
- Quality of the research proposal submitted with the form.
- Performance in the extempore round and personal interview.
Applicants may contact fpm@lbsim.ac.in for admission queries. The institute will publish the interview shortlist online.
How to Apply for the LBSIM FPM 2027?
Applicants must complete the online form with all documents. The steps are listed below.
- Visit the official portal at forms.lbsim.ac.in.
- Register with a valid email ID and mobile number.
- Fill in academic details and upload the required certificates.
- Attach a clear research proposal in the chosen area.
- Pay the application fee of Rs 2200 online.
- Submit the form and save a copy for future reference.
LBSIM is an AACSB-accredited business school in New Delhi. Its FPM offers a monthly stipend and research reimbursement. This makes it a viable full-time route for future management academics.
Action Plan for Candidates
- Bookmark the official LBSIM portal for the February 2027 notification.
- Confirm your eligibility under the master's degree rule.
- Appear for CAT, GMAT, GRE, UGC-NET, or GATE if needed.
- Prepare a strong research proposal in your chosen area.
- Keep academic certificates and test scorecards ready for upload.
- Arrange the Rs 2200 application fee for online payment.
The official FPM 2027 notification and the exact application deadline on forms.lbsim.ac.in. Interview shortlist and slot allotment for February to March 2027 will follow.
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