Indian Institute of Management Indore Admission 2020 – Executive Fellow Programme in Management (EFPM)
Indian Institute of Management Indore invites applications for its prestigious Executive Fellow Programme in Management (EFPM) 2020.
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Admission
For its Executive Fellow Programme in Management (EFPM) leading to a PhD in Management, IIM Indore seeks high-quality candidates with strong academic background, preferably with professional experience, and intellectual curiosity needed for scholarship in management. The last date for submission of online application is February 17, 2020.
Areas of Study (Specialization)
The institute presently offers EFPM in the following areas of specialization
- Communication
- Economics
- Finance & Accounting
- Information Systems (Information Systems Management, Emerging technologies, and Data Science / Analytics)
- Marketing Management
- Operations Management and Quantitative Techniques (Operations Management, Operations Research, Statistics and Mathematics)
- Organizational Behaviour and Human Resource Management
- Strategic Management (Strategic Management, International Business and Entrepreneurship)
Candidates are encouraged to check the individual faculty research profiles in their areas of specialization to understand the research interests of the faculty.
Eligibility (Work Experience and Academic)
Candidates must have a Minimum 5 years of managerial/ entrepreneurial/ professional experience after graduation as on the application deadline date (i.e. February 17, 2020) and also fulfil the requirement of the academic eligibility as mentioned below:
Master’s degree in any discipline with at least 60 percent aggregate marks or equivalent grade point average.
(OR)
Postgraduate Diploma (2 years) with at least 60 percent aggregate marks or equivalent grade point average.
(OR)
Professional qualifications CA, ICWA, CS (with at least 50 percent aggregate marks) along with a B.Com/ Degree (with at least 60 percent aggregate marks).
(OR)
A five year integrated Master’s degree program in any discipline, with at least 60 percent aggregate marks or equivalent grade point average.
(OR)
First Class/ equivalent Bachelor’s degree (4 year/8 semesters) with a minimum CGPA of 6.5 out of 10 or equivalent.
Note:
- In addition to the above academic eligibility, minimum 60 percent marks in Secondary (Class X) and minimum 55 percent marks in Senior Secondary (Class XII) is required.
Acceptable Standard Test Scores
Candidates require a standard test score, from any one of the acceptable tests (test taken in the calendar year 2015 onwards only will be considered) for the area(s) of specialization they are applying to, as shown in the following table.
| Area of Specialization | Acceptable Standard Test Score(s) |
| Communication | CAT/GRE/JRF/RAT* |
| Economics | CAT/ GRE/GMAT/JRF/RAT* |
| Financial and Accounting | CAT/ GMAT/JRF/RAT* |
| Information and Systems | CAT/ GMAT / GATE / GRE/RAT* |
| Marketing Management | CAT/ GRE/GMAT/RAT* |
| Operations Management and Quantitative Techniques | CAT/ GMAT / GATE / GRE / JRF/RAT* |
| Organizational Behaviour and Human Resource Management | CAT/ GMAT/GRE/ JRF/RAT* |
| Strategic Management | CAT/ GRE/GMAT/RAT* |
Research Aptitude Test (RAT)*- In the event of not having a standard test score, candidate may apply based on the Research Aptitude Test (RAT) of IIM Indore which will be conducted on Saturday March 14, 2020.
Application Procedure
Candidates seeking admission to the Executive Fellow Programme in Management (EFPM) of IIM Indore should submit their application online between the period Monday, January 01, 2020, to Monday, February 17, 2020, and pay the online non‐refundable/non-transferable application fee of Rs. 3000/- (Rupees Three thousand only) + GST extra.
Selection Process for EFPM 2020
The candidates will be shortlisted (on the recommendation of the respective areas) on the based information provided in the application form. The selection process is as follows:
Stage 1: The candidates satisfying the academic eligibility criteria as mentioned above should submit their application online.
Stage 2: Based on the applications received, candidates satisfying Academic eligibility criteria and acceptable standard test the shortlisting will be done by the respective Areas and candidates will be called for Personal Interview (PI), to be conducted at IIM Indore during March/ April 2020.
Note: Candidates who are applying based on the Research Aptitude Test (RAT) of IIM Indore which will be conducted on Saturday March 14, 2020 will be required to be present in the IIM Indore campus on the test day by 8:30 am, shortlisting of the test will be will be published on the same day i.e. March 14, 2020. Candidates shortlisted after the RAT will be appearing for the Interview either on the same day or on March 15, 2020.
Stage 3: IIM Indore also expects a consistent and minimum performance in the different parameters of Personal Interview (PI), which will be decided by Admissions Committee. Candidates not meeting the minimum performance in any of PI parameters will not be considered for the next stage of the selection process i.e. Stage-4.
Stage 4: Final selection will be based on the requirements of the academic area to which the candidate has applied and an area-wise offer list will be prepared by the Areas only.
A candidate can submit the On-line application with all the attachments as required on or before Monday, 17th February, 2020 up to 23:55:00 hours.
Programme Detail(s)
Total Fee for the Programme
The total fee for the course is Rs. 9,80,000/-(Rs. Nine Lakh Eighty Thousand only), as applicable at the time of admission payable in the following manner:
- Acceptance fee Rs.80,000/-(Rs. Eighty Thousand only) non-refundable payable before commencement of the programme in the academic year into which he/she is selected for admission.
- The balance Rs. 9,00,000/- (Nine Lakhs only) must be deposited in four instalments in the following manner :a) 1st instalment – Rs. 3,00,000/-b) 2nd instalment – Rs. 2,00,000/-c) 3rd instalment – Rs. 2,00,000/-d) 4th instalment – Rs. 2,00,000/-
Each instalment has to be made 03 weeks before the start of the course module of the programme.
Programme Duration
The programme duration is three years. Candidates should ensure that they complete the requirements of the programme within this stipulated time. In case candidate is not able to complete the programme in three years, they can be given two extensions of 6 months each depending upon their progress.
Continuation Fee
The students who go beyond the above stipulated time may be allowed to continue in the programme depending upon their progress and with payment of continuation fee but not beyond 06 years as under:
- After completion of 04 years into the programme, the EFPM participant may be allowed by FPM Executive Committee to continue in the programme after reviewing his/her thesis progress report and recommendation of TAC on six monthly extension basis for a period of one year subject to payment of a continuation fee of Rs. 25,000/- every 06 months.
- After completion of 05 years into the programme, the EFPM participant shall be required to make an appeal to Director for further grant of extension by submitting his/her thesis progress report and plan of action duly approved by TAC. In the event of grant of extension by Director, such participant may be allowed to continue in the programme on a six monthly extension basis for a period of maximum of one year subject to payment of a continuation fee of Rs. 50,000/- every 06 months.
- Beyond 06 years there will be no consideration of any further extension and the participant shall be required to withdraw from the programme compulsorily.