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MDI takes pride in its fellow programmes, the Fellow Programme in Management (FPM) / Executive Fellow Programme in Management (EFPM), which encourages rigorous interdisciplinary research in contemporary areas of management.

Research Culture and Environment

MDI has a vibrant research environment and the Fellow programme is at the core of this research focus. Since its inception in 1999, MDI’s Fellow programme has been growing steadily, both in numbers, as well as its contribution to the reservoir of knowledge. Seminars, presentations, discussion forums and informal knowledge-sharing sessions throughout the year keep research scholars intellectually stimulated with peers and faculty. MDI’s Fellow programme encourages research in current and contemporary areas of interest in management. The primary purpose of our Fellow programme is to develop scholars who will stretch the boundaries of management thought and will also impact contemporary management practices in real time.

The Scholars have access to an excellent library, which has a large diverse collection of books and journals. In addition, MDI subscribes to the most prominent online journals databases such ABI/INFORM (Proquest), Business Source Complete (EBSCO), Elsevier’s Energy Collection, Elsevier’s Online Journals Collection, IGI Online Journals Collection, Informs Online, JSTOR, Proquest’s Dissertations & Theses, Psych ARTICLES (APA), SAGE Humanities & Social Science Collection.

The library is equipped with Crisil Research Database includes: Datamonitor360,ETIG Database, Financial Times Database, Indian Power Sector Database, IndiaStat, ISI Emerging Markets-Asia.

MDI also has Corporate Databases which include: ACE Analyser, ACE Equity, Bloomberg Terminal, Capitaline, Capitaline Plus, Economic Outlook (CMIE), Industry Outlook (CMIE), Prowess (CMIE), States of India (CMIE), Private Equity Deal Database, M&A Deal Database, Real Estate Deal Database The library is Wi-Fi enabled, with exclusive working space for the research scholars.

Fellow Programme in Management:

The Fellow Programme in Management was started with the objective of developing outstanding scholars for careers in teaching and research at leading business schools and management departments of universities. To accomplish this, the programme provides scholars with scholarly knowledge and research skills that help them become specialized researchers, with adequate depth of knowledge in various knowledge domains of management.

Programme Overview:

The FPM programme is largely residential in nature and would take approximately three to four years to complete. During this period, the scholar undergoes the course work, and submits a thesis at the end of the programme. The thesis should make a significant theoretical and practical contribution to the discipline of management or to one of its source disciplines.

The FPM programme consists of two phases. The first phase of the programme involves course work, followed by a Comprehensive Examination. The second phase requires scholars to work on their thesis, which involves the preparation of a thesis proposal, writing of the thesis, and finally an examination based on this thesis.

Course Work

1. Courses from the Post-Graduate Programme in Management

This component of the course work aims at providing inputs in various areas of management, which the student might have missed (or might not have covered to a sufficient level of detail) in his/her Master’s level qualification. The student is required to take First Year courses of the Post-Graduate Program in Management (PGPM). These courses are approximately of three months duration. Completion requirement is similar to Post Graduate Programme in Management (PGPM). Only after completion of PGPM level course work, the research student can start with FPM level course work. Scholars who already hold an MBA degree are exempted from this course work requirement.

2. Fellow-level courses

The course work constitutes three levels:

  1. Core Courses
  2. Area Core
  3. Electives

(a) Core Courses:

These courses are aimed at providing basic knowledge and skills that FPM scholars require for their role as researchers. For this role, the scholar must be familiar with conducting research in emerging issues of management, using the latest methodologies/softwares/research tools. To accomplish this, the scholar is required to take the following core courses:

  1. Research Method I (Qualitative)
  2. Research Method II (Quantitative)
  3. Case Writing
  4. Crafting Research Output/ Course of Independent Study

(b) Area Core Courses:

These courses are designed to provide the scholars in-depth subject knowledge in the broad area of his/ her specialization. These constitute 2 core courses in the domain of specialization.

(c) Electives:

Fellow Programme level electives are designed to give scholars a meaningful exposure to contemporary issues. FPM scholars are required to take such electives from their own domain of specialization as well as from other areas subject to their relevance for the proposed thesis work.

Comprehensive Assessment

On completion of all requirements of course work, scholars need to go through a comprehensive assessment based on the FPM courses taken by them, through a written and oral examination.

Thesis Work

1. Thesis Proposal: The scholar’s research work would start with the identification of a thesis topic (usually based on guidance/advice of faculty members), and getting a Thesis Committee constituted for supervision of the research to be done. The Thesis Committee is a three members committee consisting of a Chair, one member from the allied areas within MDI and one external member from reputed overseas university. The student is required to work with this committee to develop a research design, leading to the development of a thesis proposal. He/she will then be required to deliver an open seminar on the thesis proposal to the MDI academic community. In case modifications to the proposal are suggested, the scholar has to carry out the modifications and a revised proposal has to be presented within a given time frame. Once the proposal is approved, the scholar may proceed with the research work towards his/her thesis.

2. Presentations: The scholar is further required to make two presentations on his/her progress - every three months - where the faculty community and fellow scholars give feedback and suggestions for improvement. The feedback given has to be incorporated within the given time frame. The scholar has to submit the progress report with necessary documents and proof of evidence of progress achieved to the thesis committee members, with a copy to the FPM office.

3. Thesis Writing: Work on the thesis represents the phase of the Fellow Programme. The thesis work of the scholar, in consultation with the Thesis Advisory Committee, is expected to provide some original contribution to knowledge on the subject using a robust research design and methodology and should provide evidence of new knowledge.

4. Thesis examination: Once the Thesis Committee has approved the thesis, the Dean / Chair (FPM/EFPM) would appoint a Thesis Examination Committee consisting of the TAC Chair and two external examiners, of which one can be from a reputed institution abroad. This Committee would examine the thesis and then subject the candidate to an exhaustive and rigorous viva voce examination based on the thesis. Based on the comments of the examiners and the oral examination, the thesis may be either accepted as it is or accepted after modifications, or rejected. At all the stages the work of the scholar is subjected to an anti-plagiarism check.

5. Publication Requirement: The Research undertaken by an FPM scholar is expected to provide sufficient basis for writing papers in refereed academic journals. One of the objectives of the Fellow Programme is to prepare scholars for academic work and research. Hence the final requirement for qualifying for the title of Fellow is to have at least two papers is reputed peer reviewed International journals in well known classification lists like Thomson Reuters / Harzing / ABDC etc. Out of the two papers, one may be a management case published in Richard Ivey Case publishing / Harvard Business School Publishing/ ACRC etc. The scholar should be either single author or the first author for this purpose. The scholar has to be aware of the anti plagiarism clause, and may submit the teaching case with teaching notes to one of the abovementioned case collections at one point of time.

6. Requirement for Research / Teaching Assistantship: Since the purpose of the FPM Programme is to rigorously prepare scholars for outstanding careers in teaching/ research, there is a need to build collaborative research / teaching skills. Therefore, each scholar is required to work with a faculty member as a ‘research assistant’ and document the outcome of this collaborative work as a research paper/ report. Besides, a research scholar also expected to work with a faculty member as a ‘teaching assistant’ supporting the faculty in teaching which may include teaching, lecturing / case material preparation, course design, curriculum design, grading, etc. FPM scholars are expected to work up to 40 hours as research / teaching assistant.

Program Learning Goals and Objectives


LO1. Be able to publish in PRJ

LO2. Be able to articulate the business decision dilemma as business case studies


LO1. Be able to define the research problem (Identify the symptoms of the problem, define the research statement, review the relevant literature with adequate citations and referencing, identify the research gap, and state the objectives, and describe the hypothesis).

LO2. Be able to apply appropriate research methodology (suggest and apply appropriate research methodology including design and selection of appropriate data collection instruments, conduct the data collection with a valid research instruments, and analyze the data in the context of the research problem towards achieving the defined objectives).

LO3. Be able to conclude and interpret the research findings, clearly state the limitations of the research, and describe the future scope of research.


LO1: Be able to demonstrate the classroom management (board management, handle Q&A, eye to eye contact, body language, fluent public speaking communication, effective facilitator, etc.)

LO2: Be able to connect the theory with the practice and demonstrate thorough knowledge of the tools, techniques, frameworks of the subject.

Award of the Title of Fellow

A scholar must complete the following requirements to qualify for the award of the title of Fellow:

  1. successfully complete the FPM course-work
  2. successfully complete the comprehensive exam
  3. successfully complete the thesis work
  4. complete the publication requirement
  5. complete the research / teaching assistantship requirement

In addition, the scholar must obtain clearance from various functionaries of the Institute as per guidelines.

On qualifying for the award of the title, scholars receive the title of “Fellow of the Management” at the Institute’s Annual Convocation.

Duration of the Programme

The programme should be completed within three years from the date of registration (four years for students registered to do PGPM coursework).

Financial Support

MDI provides one of the best financial stipends for FPM scholars. Apart from the stipend, the Institute may provide accommodation on a chargeable basis (limited accommodation, is reserved for the FPM scholars). There is also a contingency grant given to the scholars for stationary etc.

Support for Attending Conferences

Scholars are encouraged to take part in conferences organized by institutions/associations of repute. The institute supports the scholar(s) to attend up to two conferences held within India. Substantial support is offered for participation in one International conference outside India during the first three years of the FPM program, subject to the scholar clearing his/her thesis research proposal stage.