The programme consists of four stages:

First Year
Second Year
Comprehensive Examination
Thesis

The first year of the programme is intended for acquiring the required knowledge of the discipline and functional areas of management, and general management .The first year of the course work is common with IIMI’s Post Graduate Programme (PGP). All FPM participants, irrespective of their areas of specialization, take a compulsory set of courses in the first year.

The second year of the programme is intended for acquiring in depth knowledge in the area of specialization and related fields so as to develop analytical and comprehensive research skills. Additionally, participants take the FPM compulsory courses, which are specially designed to provide expertise in teaching and research, and to acquire integrated learning.

On completion of the second year course work, the participants take the area comprehensive examination.

The area comprehensive examination tests whether the participant has obtained a satisfactory level of knowledge in his/her field of specialization and whether he/she has satisfactorily integrated the various courses taken in the area.

After passing the comprehensive examination, the participant enters the thesis stage. The participant first develops a thesis proposal, for which he/she identifies a thesis topic. Thesis Advisory Committee [TAC] of the participant, arranges a seminar on the thesis proposal for the IIMI academic community, and gets the thesis proposal approved by the TAC. Then the participant works closely with the TAC on his/her thesis. On completion of the thesis research, the participant gives a seminar, submits the thesis and defends the same.