Fpm 2013

@shab86 Thanks a lot ...

Anyone been in touch with the ISB adcom. I know for a fact that interviews are not always necessary but any updates?


@Adymos Its mentioned on ISB's FPM site that admission announcements will be done on 2nd April ...

Updates on IIMC?

How many years does it take to complete FPM ? I have heard of people doing their Ph. D for 7-8 years and still struggling to complete it. As there will be no stipend after 4 years in IIMs, how can they sustain beyond 4 years ? Last year I have been admitted to IIM Shillong FPM and had a bad experience there.

@steegala - what kind of bad experience?? in terms of quality of people and teachers or infrastructure?

Any News of IIM C interviews???

@ankit_dhingra7 - There was no tuition waiver as in other IIMs. Shillong is remote and travel is not easy especially if you have to stay there for ateast 4+ yrs (no train goes till Shillong and almost never will). It was the first batch and every one admitted refused to join except 2 ppl. The Director of the institute had no interest in FPM program. I could not take the risk.

Anyone knows when exactly IIM B, IIM C and IIM L will announce the interviews ? I had got the reject from IIM A.

@steegala oh...so strange to hear this...so you drop admission?

@steegala In IITs and ISI, there are people who struggles to get PhD even after 6-7 years. But such cases are exceptional. Either there guide is not satisfied or they lose there interest all together or may be some other reasons. As far as IIMs are concerned, it normally takes 4 to 4.5 years to complete. But again, I have read somewhere that 70% of students enrolled in FPM do get there degree within 4.5 years. What happens to the remaining 30%... I don't know ... I have read on one of the IIMs site, that the degree is supposed to be completed in 4 years and they would provide stipend only up to 4 years. After that, if the candidate's chosen area committee set up by IIM agrees, then two extensions of 3 months each can be given to the candidate. But after that ... may be the person has to drop out from the IIM 😞 ...
@steegala
@rahul5184
@Muneza

I would like to add some points here. PhD's in IIT and ISI do take more than 4 years. In fact in premier institutes like IITs, TIFR, NCBS, JNCASR, JNU etc., typical PhD's last for more than 5 years. However, these places do provide scholarships for that duration. The scholarships obatined from CSIR, UGC covers for that period quite easily.For example, in the premier institutes for doing PhD in biology in India - IISc & TIFR, the average time to complete a PhD is generally 5.5-6 years And the funding lasts the whole period

Though, PhD's in management (HR, finance,economics, public policy etc) is quite different when compared to sciences !! The research is not experimental in nature and hence the time required is quite lesser. In my opinion it wouldn't be so difficult to finish it in a span of 4-5 years. Globally, that is generally the time taken to complete a PhD in management. Just take a look at the leading insti's - Wharton, Boston Uni, Harvard, INSEAD, LSE, etc...

Btw, how can i say these things with confidence? Well, i was untill recently a PhD student in Max Planck Institute (Germany) and i have many friends who are pursuing PhD's (in science, engg. & mgmt.)

On the whole, i would ask you guys not to worry about the length of the PhD degree!! Since, it takes time to understand the latest research material, keep abreast of papers, books and then formulate a valid question for your PhD.

Regarding the interviews, i would stress that knowing the basics counts a lot !! Apart from that, the application of various theories, formulas etc. in your chosen field would matter a lot. So, i wouldn't worry so much about IIM profs asking some fanciful questions on unheard-of economic theories. What they would ask is the ability to think off the feet!! So, if you can prepare some case studies that might help too.

Just relax, for now and prepare well for the interviews. !! ATB
@shab86 case studies ?? During interviews ???
@rahul5184 Nope, not specifically for the interviews. But more for thinking on your feet. I was once asked how would i allocate money in different research departments when so and so money is available !! That too, for a biology PhD. Trust me, at that time it didn't make sense WTH i was being asked such a question.

A doctorate is long term in general in India. Many ppl raise eyebrows in India, when someone completes a doctorate in 4 years. That is Indian mentality. In Germany one can get a Ph.D in just 3 yrs flat. Anyhow the research culture is weak in India. It is a long path for Ph.D in India. Better to have more options than few.



@shab86 Thanks a lot for valuable inputs...I am from finance so i will focus more on the the theories of it...and i am confused that whether in interview they need research proposal? or brief idea would be ok?....

Looking at the fact that ... it takes 2 years from your total 4 or 4.5 years for the course work only ... including the fact that for the first year you have to take all the courses along with the PGPs (whether you like those courses or not !) ... and for the second year courses from your depth area ... I suppose that the actual research including thesis writing is being done only for 2 or 2.5 years ... so that's not a big deal ... i mean to say that ... if we exclude all this course work ... then an FPM student is doing hard core research for only 2 - 2.5 years ...

@rahul5184 - Assuming everything goes well, one can graduate in middle of year at end of 2.5 yrs - in December ? As there is no placement for doctoral students in IIMs, Is this an advantage to graduate in middle of year ?

@steegala Though i was not quoted on this question of yours, but i would like to post this link from ET which might shed some light on the placements in IIM for FPM students.

http://articles.economictimes.indiatimes.com/2011-11-23/news/30433486_1_placement-process-pgp-students-cohort-based-process
@Muneza I don't think that they would ask for a full-blown research proposal but if you have couple of projects in mind, that would give you an edge in the interview. For instance, when talking about the banking sector if you mention that one of the projects you are really interested in is: "Theoretical and practical aspects of Asset liability management in commercial banking and how it would be interesting to bring about a framework to mitigate risk through ALM especially in a multi-national bank"
Remember to suggest concrete ideas through which plays to your advantage. Don't suggest ideas on topics which you are weak at. Also, read up on the faculty, what areas they specialise in, which kind of publications they have done recently, OR the topics on which people are doing/have done their PhD's.

Received a mail regarding call for RAT from IIM Indore.