Fellow Programme in Management (FPM)
Just as entrepreneurs are important for the growth of an economy, scholars and thought leaders are also indispensable. While it is important to institute programmes in entrepreneurship education to ensure propagation of entrepreneurship in society as a career, it is also vital to introduce research programmes to ensure a sustained supply of educators, researchers, consultants and resource persons so that the domain strengthens in terms of its foundation of theoretical, empirical and applied aspects.
Objectives
The programme is offered with the following objectives:
- Groom potential scholars and make them competent and innovative researchers and educators in various facets of entrepreneurship;
- Encourage inter-disciplinary high calibre research studies in entrepreneurship with policy implications;
- Investigate synergy between theory and practice of entrepreneurship as relevant to the Indian context; and accordingly strengthen entrepreneurship education and research ecosystem in the country;
- Create a cadre of indigenously trained educators, researchers and resource persons in entrepreneurship; and
- Motivate scholars to take up theoretical and empirical research work leading to policy papers and publications in journals of repute.
At a glance
Duration
This course is 4 years of full-time study.
Start date
First Semester (August 2021)
Highlights
Monthly stipend
Research grants
Specialization
- Entrepreneurship Education and Research
- Innovation, Incubation, Clusters and Technology Entrepreneurship
- Social Entrepreneurship
- Corporate Entrepreneurship,
- Entrepreneurial Finance and Control
- Entrepreneurial Marketing
- Organisation Behaviour and Human Resources
- Minority, Tribal and Dalit Entrepreneurship
- Enterprise Creation and Growth
- Family Business Management
- Law, Policy and Governance
- International Entrepreneurship
Duration of the Programme
Students are expected to complete the programme within four years. However, under special circumstances extension of one more year may be granted without any financial aid.
Campus Tour
Success Stories
Fellow Programme in Management (2021-2025)
The programme comprises four phases of course and thesis work. During the first two phases, the candidates will be expected to complete course work over a period not exceeding first two academic years. During the third and fourth phase the candidates will be involved in proposal development, data collection and thesis writing.
Candidates will go through coursework in 6 terms spread over two academic years, and complete 45 credits. The academic group that a candidate joins will be treated as the Major Area, while the candidate may additionally choose another academic group as a Minor Area of specialization. Each credit consists of 10 hours of classroom interaction.
First Year Compulsory Core Course
| Sr. No. | Course Name | Credits |
| 1. | Entrepreneur Interactions and Learning, Entrepreneurial Career and Aspirations | 6.0 |
| 2. | Management Foundation | 18.0 |
| 3. | Research Methods and Quantitative Techniques | 4.5 |
In the first year, candidates would be required to earn 28.5 credits through the courses mentioned above.
For details on exemption from courses in the first year, visit www.ediindia.ac.in
| Sr. No. | Course Name | Credits |
| 1. | Entrepreneurship Theory and Practice | 3.0 |
| 2. | Managerial Accounting and Control | 3.0 |
| 3. | Management Concepts and Organization Behaviour | 3.0 |
| 4. | Business Statistics & Analytics for Decision Making (QT-I) | 1.5 |
| 5. | Business Economics | 3.0 |
| 6. | Marketing Management | 1.5 |
| Sr. No. | Course Name | Credits |
| 1. | Entrepreneurship Theory and Practice | 1.5 |
| 2. | Quantitative Techniques for Market Research (QT-II) | 3.0 |
| 3. | Indian Economy and Policy | 1.5 |
| 4. | Financial Management | 3.0 |
| Sr. No. | Course Name | Credits |
| 1. | Legal Aspect of Business | 3.0 |
| 2. | Creativity, Innovation and Entrepreneurship | 1.5 |
Second Year
| Sr. No. | Course Name | Credits |
| 1 | Business Policy | 1.0 |
| 2 | Advance in Entrepreneurship Theories | 1.5 |
Courses on Business Policy and Advances in Entrepreneurship Theories are compulsory for every FPM student. The courses under Policy and Theories will be run as a lecture and seminar course.
| Sr. No. | Category | Course Name | Credit |
| 1 | Entrepreneurship Education and Research | Dilemmas and Debates in Entrepreneurship | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Evolution of Entrepreneurship Education | |||
| Entrepreneurship : Cross-Disciplinary | |||
| Interfaces Business History | |||
| Curriculum Design and Teaching Pedagogy | |||
| Entrepreneurship Research | |||
| Experiential Learning: Tools and Techniques | |||
| Traits, Characteristics and Cognitive Style of Entrepreneurs | |||
| 2 | Innovation, Incubation, Clusters and Technology Entrepreneurship | Nurturing Innovations | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Product, Service, Process Innovations | |||
| Incubating Innovations Technology Business Incubation | |||
| Technology Entrepreneurship | |||
| Intellectual Property Rights and Commercialization | |||
| Cluster Management and Development | |||
| 3 | Social Entrepreneurship | Theories of Social Entrepreneurship | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Social Innovations and Ventures | |||
| Social Enterprise Networking & Development | |||
| Corporate Sector and Social Entrepreneurship | |||
| Bottom of the Pyramid and Entrepreneurship | |||
| Ethics and Entrepreneurship | |||
| 4 | Corporate Entrepreneurship | Theories and Practice: Corporate Entrepreneurship | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Configuring Organizations for Corporate Entrepreneurship | |||
| Intrapreneurial Behavior | |||
| Entrepreneurial Leaders: Cases on Corporate Entrepreneurs | |||
| Business Strategy and Corporate Entrepreneurship | |||
| Public Sector Entrepreneurship | |||
| 5 | Entrepreneurial Finance & Control | Entrepreneurial Finance and Liquidity Management | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Financial Reporting and Analysis | |||
| Financial Institutions and Markets | |||
| Strategic Financial Management | |||
| Management Control Systems | |||
| Financial Innovations and Engineering | |||
| Venture Funding and Angel Investors | |||
| 6 | Entrepreneurial Marketing | Theories and Evolution of Marketing | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Consumers, Consumption and Markets | |||
| Creating Value and Differentiation | |||
| ProCommunicating and Delivering the Valueduct | |||
| Marketing Science | |||
| Marketing and Internet | |||
| Marketing Research and Decisions | |||
| 7 | Organisational Behaviour and Human Resources | Personnel Competence and Capability Building Systems | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Organizational Diagnosis & Change | |||
| Entrepreneurial Teams | |||
| Organizational Structure and Culture | |||
| Performance Evaluations and Management | |||
| Interpersonal Relationships | |||
| Industrial Relations and Labor Laws | |||
| 8 | Minority, Tribal and Dalit Entrepreneurship | Dalit and Minority Empowerment | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Tribal Entrepreneurship and Corporate Social Responsibility | |||
| Policies and Programmes for Minority, Tribal and Dalit | |||
| Inclusive Growth and Support Institutions | |||
| International perspectives on Entrepreneurship among Deprived Class | |||
| Indigenous and Artisanal Clusters | |||
| 9 | Enterprise Creation and Growth | Developing Successful Business Ideas | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Launching and Managing an Enterprise | |||
| Opportunities & Strategies for Expansion, Diversification and Growth | |||
| Project Formulation, Preparation and Appraisal | |||
| Managing Adversities and Failures Serial Entrepreneurship Emerging Enterprise Consultancy | |||
| 10 | Family Business Management | Family Business Dynamics | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Managing and Growing Family Firms | |||
| Family Managed Businesses in India | |||
| Succession Planning for Entrepreneurial Continuity | |||
| Transition Management in Family Business | |||
| Dealing with Non-family Managers | |||
| Growing, Preserving, and Sharing the Wealth | |||
| 11 | Law, Policy and Governance | Business Laws | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Public Policy and Entrepreneurship | |||
| Intellectual Property Rights and Commercialization | |||
| Business Governance | |||
| Corporate Governance | |||
| Regulatory Mechanism and Systems | |||
| 12 | International Entrepreneurship | Entrepreneurship around the World | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Successful Models of globalizing Ventures | |||
| Venturing in Emerging Markets | |||
| Trade Barriers and Agreements | |||
| Internationalization Process | |||
| ProCross-Cultural Negotiation and Networking Immigrant Entrepreneurship | |||
| 13 | Women Entrepreneurship | Women Entrepreneurship and Economic Empowerment | 4.0 Credit Major + 2.0 Credit Minor Courses |
| Gender Issues in Entrepreneurship | |||
| Group Entrepreneurship and Women | |||
| Women in Business | |||
| Self Help Groups/ Neighborhood Groups and Microfinance | |||
| Policies and Programmes to Develop Women Entrepreneurship | |||
| Gender, Ethnicity and Entrepreneurship |
The major and minor seminar courses are compulsory for all FPM students. The courses under major/minor areas will be run asa seminar course. Compulsory and Elective Courses in Each (Major & Minor) Area: (4.0 Credit Major + 2.0 Credit Minor Courses)
| Sr. No. | Course Name | Credits |
| 1 | Collaborative Academic Project 1(Review Article) | 1.5 |
| 2 | Collaborative Academic Project 2 (Empirical Paper) | 1.5 |
Collaborative Academic projects are mandatory for every FPM student. The candidate has to review academic literature and develop article/empirical paper which can be submitted for the publication. FPM candidates also have to contribute as a teaching assistant (in minimum two courses) with any faculty member during 2nd year of the program, on their preferred courses.
| Sr. No. | Course Name | Credits |
| 1 | Quantitative Techniques | 1.5 |
| 2 | Qualitative Techniques | 1.5 |
Quantitative & Qualitative Techniques & Research Methodology Courses are compulsory for every FPM student. The courses will be run as lecture and seminar course.
| Sr. No. | Course Name | Credits |
| 1 | Doctoral Writing: Authoring the Dissertation & Editing & Reviewing in Academic Contexts | 1.0 |
Thesis and Academic Writing Course is compulsory for every FPM student. The course will be run as lecture and seminar course.
Third and Fourth Year
| Sr. No. | Course Name | Credits |
| 1 | Teaching Assistantship Assignment (TAA) | 1.0 |
The Teaching Assistantship is compulsory for every FPM student. The student has to choose the at least one full course (of minimum 3.0 Credit each) for teaching in Post Graduate during 3rd and 4th year. FPM Students are also encouraged to design and coordinate short term programmes/project.
Assessment
- The Institute follows a system of continuous evaluation monthly and annually through multiple assessment methods to monitor candidate’s academic performance. The aim of assessment exercise is to measure enhancement in candidate’s knowledge, skills, and application based ability. Candidate understands of concepts, theories, business practices and applications and their decision making abilities are assessed through varied evaluation tools and methods.
- The student will present two seminars (one major and one minor) and based on feedback given by faculty group(s) will produce two working papers (one for major and minor). The working paper will be evaluated and suitable grades will be awarded.
- The Compulsory Collaborative Academic Project (CCAP) will be evaluated and suitable grades will be awarded to student based on the quality ofreview paper and empirical paper, submitted by the student.
- The assessment of the Teaching Assistantship Assignment (TAA) will be based on feedback given by PGP-Students.
(1) FPM Eligibility
Master’s Degree or equivalent in Engineering/ Technology/ Management/ Economics/ Social Science/ Biological Science/ Pure Science/ Commerce/ Humanities with FIRST CLASS will be considered for admission to Fellowship Programme. Those appearing for their final examination in the respective discipline can also apply. Such students if selected will be provisionally admitted provided they complete all requirements obtaining their master’s degree .
The admission of these candidates will remain provisional until they produce the mark sheet proving that they satisfy the eligibility criteria.
(2) Admission & Selection
The selection of the candidate in the FPM course is based on Entrepreneurship Research Aptitude Test (ERAT) of EDII, and following criteria:
- Academic qualification and work experience
- Tentative research proposal and its presentation, and
- Personal interview and ERAT.
The decision of the Institute’s FPM Selection Committee regarding admission shall be final. Communication will be sent only to the selected candidates. The Institute will not entertain any queries or correspondence in respect of those not selected.
Documents required for Application to FPM
- Prescribed Application Form with No-Objection Certificate from Employer (if employed).
- Research Proposal (tentative research proposal)
- Attested copies of certificates and grade-sheets (10th to Post-graduation).
- Statement of Purpose.
ERAT and Personal Interviews at EDII
Format for ERAT: The written test is designed to test the analytical writing abilities. The candidate would be provided with a small case and would be expected to analyze it and answer two questions in about 90 minutes. This is just to test the ability of the aspirant to put down his/her thoughts in a structured manner.
(3) How to apply
Applicants can apply online on Institute’s website .
1) Programme Fee
The fee for the FPM (2021-25) is Rs. 8,37,555 (Rupees eight lakh thirty seven thousand five hundred fifty five only) from which Rs. 6,29,055 (Rupees six lakh twenty nine thousand and fifty five only) will be waived off.
After waiving off, the fee for the programme will be Rs. 2,08,500 (Rupees two lakh eight thousand and five hundred only) which has to be paid by student in 12 different instalments. This fee includes costs of tuition, library, basic teaching material, examination and use of computer laboratory, cost of admission form, refundable caution money and one time alumni fee.
2) Fellowship
Fellowship support (tuition-fee waiver and stipend) is available for selected candidates which covers stipend, contingency grants and tuition fee waiver. The costs of library, basic teaching material, examination and use of computer laboratory are deducted from the candidates’ stipend as per the norms of the Institute.
In addition, the fellowship candidates will also need to pay Rs. 1000 towards admission form and Rs. 10000 as refundable caution money.
3) Stipend & Contingency Grant
Selected students will be given a stipend that starts at Rs.25000 per month for the first two years, and goes up to Rs.30000 per month depending on the candidate’s academic progress in the third and fourth year. In addition, deserving candidates can avail contingency grants of up to Rs.30000 in the first year of study, and up to Rs.20000 per year for subsequent three years. These grants can be used for buying books and personal computers, field research, and for attending academic conferences. The stipend and contingency grants are given as per the norms of the Institute for four years of study, and can be extended for up to one more year if the candidate demonstrates satisfactory progress in thesis research.
4) Additional Financial Support for Candidates
Additional financial support is available to students during their thesis phase, in the form of extra funds up to Rs.30,000 for field research (if needed). Candidates will also be eligible for research grants of the Institute, to pursue field visits/ contribute in academic research events, besides Teaching Assistantship.
5) Financial Grant to attend International/National Conferences (Domestic)
The Institute also provides financial support to candidates to attend national/international conferences within India from third year onwards. Every FPM student in his/her 3rd and 4th year will be supported with up to rupees fifty thousand (Rs.50, 000 only) to present research paper(s). This grant includes conference’s registration fees (if any), travel expense, local transport, room and board.
Teaching Assistantship (Compulsory)
The Institute encourages FPM candidates to join as a teaching assistant with any faculty member during 2nd year of the program. Every FPM student in his/her 3rd and 4th year has to teach at least one course to PG students of the institute. Apart from that, for additional course, the FPM students will be reimbursed as per institute norms.
- Participants selected for the FPM programme shall be provided single room accommodation on Campus.
- Limited married students accommodation is available and shall be allotted on first-come- first-served basis.
- Student will be charged a nominal rent in accordance with institute’s norms.
- The meal charges will be separate and payable by the candidates as per the rates decided by the institute’s administration.
