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How much stipend is given to FPM students of FMS Delhi?
FPM (Fellow Programme in Management) students at FMS Delhi typically receive a monthly stipend of INR 50,000 during the first year of their program. This amount can be subject to change, and I recommend confirming the current stipend amount with the institution directly.
I am interested in a quantitative finance-oriented Ph.D., so should I apply for an FPM in the Finance/Control area or Decision Sciences in IIM Bangalore?
Firstly IIM Bangalore does not offer FMP in Maths because it does not specialize in Maths. So if you are going for the quantitative field you need to choose an area of interest on your own.
In India Finance has more to do with economics rather than Maths. This is because of the lack of Maths in UG and PG schools. So the research work has a qualitative approach rather than a quantitative one. Here math is just used to express the research conducted and is not for actual research purposes. So based on this information, I have 3 suggestions for you
- If you are hell-bent on pursuing mathematical finance, do it outside India where the score is higher.
- Applying in both areas will widen your prospects. The only requirement is that you must do your area-specific courses.
- Don’t neglect other areas of finance that are very interesting and also quantitative. These include Corporate Finance or Banking.
Based on my suggestions and information you can make a wise decision that suits you the best.
How good is doing FPM in IIM-Rohtak? What are the the future prospects? Is there any scope to work for MNCs after doing this course?
If you are considering pursuing a doctoral program at IIM Rohtak, it is important to have an understanding of the academic and administrative systems in place. While one individual may have had negative experiences, it is important to do your own research and weigh the pros and cons before making a decision.
Here are some points to consider:
- The academic and administrative systems at IIM Rohtak are designed to benefit one person with political backing. Raising concerns can result in termination threats or other forms of harassment. While this is concerning, it is important to remember that this is one person's experience and may not reflect the experiences of all Ph.D. students at the institution.
- It is important to thoroughly research the program you are interested in, including the curriculum, faculty, and support systems in place for students. Look up reviews and rankings, and reach out to current students or alumni to get their perspectives.
- Keep in mind that pursuing a doctoral degree can be a challenging and demanding experience, regardless of the institution. It requires dedication, hard work, and the ability to work independently.
- However, earning a Ph.D. from IIM Rohtak can open up a range of career opportunities. You can become a researcher or an academician. You may also be able to pursue careers in consulting, management, or other fields that value advanced research skills and knowledge.
Ultimately, the decision to pursue a Ph.D. at IIM Rohtak is a personal one that should be made based on your goals, interests, and research. Do your due diligence, weigh the pros and cons, and make an informed decision that feels right for you.
How can an IPM student get admission for FPM at IIMA?
For the FPM program, IIM Ahmedabad selects students based on their performance in CAT. Students with good scores in a standard test in lieu of CAT can also apply for the program. Different specializations of IIM A FRM has different standard tests that aspirants need to take. For most programs, IIMA accepts GRE, GATE, GMAT, UGC JRF scores.
Is it worthwhile doing an FPM course at the IIM in Rohtak
The answer to this question is subjective as it depends solely on your career inclinations, your purpose of pursuing FPM, and what you plan to do after it. It is best suitable
- If you want to pursue research in management
- If you want to enter academics and pursue a career in teaching/research faculty
For the above two cases, the FPM course is the best option. Despite being a new course, it is taught by the best faculty and through excellent pedagogy. This course equals a Ph.D. and can open doors to teaching at IIMs. The job is decent with high pay. All you need to do is invest your time and effort in the course.
The only drawback of this course is that there are no placement opportunities for FPM students.
How is IIM Rohtak for an FPM program?
IIM Rohtak offers a full-time doctoral program in management or FPM (full-time). This program is designed for working professionals. The exams accepted for admission to this program are CAT/GMAT/UGC-NET/GRE/GATE (in relevant disciplines). Those who did not appear for any of these exams can sit for the RAT (Research Aptitude Test).
Here are a few highlights pertaining to the program
|
Duration |
4 years |
|
Fees |
INR 7.46 lakh |
|
Common eligibility |
PG degree in any discipline/ CA, ICWA, or CS/ 4 year or 8 semesters Bachelor’s degree |
|
Selection |
CAT/GMAT/UGC-NET/GRE/GATE/RAT |
The Ph.D. specializations offered under this program are in the following disciplines
- Economics & Public Policy
- Finance & Accounting
- Marketing & Strategic Management
- Management Information System
- Organizational Behaviour & Human Resource Management
- Operations Management & Quantitative Techniques
Overall, IIM Rohtak FPM is a great choice for those working professors who are looking for a decent program to upgrade their managerial skills and climb the corporate ladder.
How good is the EFPM program from IIM Rohtak and what are the career prospects in the long run?
IIM Rohtak is the wrong place to study EFPM/FPM. It is a part-time program offered by IIM Rohtak that is not a degree program or recognized as a Ph.D. After paying 75% of the total fee, the program has 50-60% dropouts in various batches in the first 1.5 years. The Institute is adamant about not making it a Ph.D. program, as most IIMs have.
The curriculum load is extremely heavy, with extremely stringent rules and regulations that are impossible to manage with a regular job. The faculty's overall attitude toward experienced industry executives is also unprofessional. The administration is the absolute worst. There is no knowledge of new research areas.
How is IIM Udaipur for FPM (Operations)?
IIM Udaipur is well known for its enriching research culture and even gives an edge to top B Schools like IIM Calcutta and Ahmedabad in this aspect. It has made many research contributions and therefore has made its position in top ranks.
Operations Management
IIM Udaipur provides all the necessary resources to provide education in this domain.
- The professors are very passionate about promoting research and encourage the students for the same.
- The faculty focuses research on both Analytical modeling and Empirical modeling broadening career options for PhD students.
- Apart from this, the candidate is also allowed to conduct research on collaboration of Operations with other areas, say Economics, Marketing, Finance etc.
- Great emphasis is placed on top category journals both for study/reference purposes and for publications.
Career prospects:
The career prospects of a PhD candidate depends on his/her publications. They can also look for jobs in consulting also.
How is the FPM program at IIM Rohtak? Did any student leave it after the first year itself?
My cousin recently joined the institute and has seen students frequently vacate the FPM program of IIM Rohtak. There can be several reasons for this. However, it is somewhat unlikely and vague as well. Especially, when considering the issues concerning the director, as is known by the students.
Nobody can vouch for the scenario taking place at the institute. Thus, it is always the right choice to analyze what you are going for. It is suggested to stay updated with any information at all.
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