The FPM would ordinarily demand three years of residential requirements in two stages. In the first stage, the selected candidate needs to meet the course requirements over one year. During this stage, the scholar is given appropriate exposure to the basic discipline of management, thus preparing him/her for the thesis work in the next stage. Each scholar is placed under the guidance of a Faculty Advisory Committee after considering his or her field of interest.
In the first year, FPM scholars undertake a list of selected PGP core courses, as required in (recommended by each) different functional areas. The second year coursework would include specially designed doctoral courses, advanced courses and PGP elective courses in accordance to the scholars' area of interest. The scholar is required to ensure completion of required credits for each academic year as prescribed in the FPM manual.
On successful completion of the course work, the scholar must qualify in the comprehensive examination before taking up the thesis work.
The thesis stage is of two years. The scholar will select a thesis topic from among the areas: Economics; Finance; Human Resource Management; Marketing; Organizational Behaviour; Production, Operations & Decision Sciences and Strategic Management. The scholar is expected to identify a thesis topic in consultation with a thesis advisor, and work under the supervision of a Thesis Advisory Committee. On successful completion of all the requirements of the FPM, a scholar will be awarded the title 'Fellow in Management of UBS'.
1. Courses from the Post-Graduate program in Management
This component of the course work aims at providing inputs in various areas of management, which the candidate might have missed (or might not have covered to a sufficient level of detail) in his/her Master’s level qualification. The candidate is required to take First Year courses of the Post-Graduate program in Management (PGPM). These courses are approximately of three months’ duration and must be completed withing one year of registration. Completion requirement is similar to that of the Post Graduate program in Management (PGPM). Only after completion of PGPM level course work, the candidate can start with the thesis work (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:
- Core Courses
- Area Core
(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 and research tools. To accomplish this, the scholar is required to take the following core courses:
- Research Methods I (Quantitative)
- Research Methods II (Qualitative)
- Case Writing
- Philosophy of Research
- 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.
Fellowship program 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 Research Evaluation
The purpose of Comprehensive Research Evaluation (CRE) is to ensure a scholar’s multi-disciplinary appreciation of management issues and his/her readiness to undertake original research in his/her chosen knowledge domain. The evaluation is conducted by a Comprehensive Research Evaluation (CRE) committee constituted specifically for each scholar and chaired by a faculty member from the Area of his/her specialization. The Committee determines whether a scholar has developed an in-depth understanding of the inter-disciplinary nature of various knowledge domains, and is able to develop appropriate models / solutions based on the work of other scholars in these knowledge domains. Thus, the extent to which the Comprehensive Research Evaluation (CRE) is rigorous and challenging will in turn determine the extent to which the scholar is able to develop research competencies deemed fit for the thesis work.
The FPM Office will set up a Committee at the beginning of the Term- III, consisting of three faculty members; one of them will act as the Chairperson of the Committee and should be from the Area of the scholar’s specialization. It would be desirable for the Committee to meet as a group, discuss the candidate’s progress, and decide a topic, which would test the knowledge and integrative capability of the candidate and his ability to connect issues and problems in the field of management and relevant areas.
- 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 member - committee consisting of a Chair, one member from the allied / same area within UBS and one external member from a reputed overseas university. The scholar 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 UBS 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.
- Presentations:The scholar is further required to make presentations on his/her progress - every six months - where the faculty community and Fellowship scholars give feedback and suggestions for improvement. The feedback has to be incorporated within the given time frame. The scholar must 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.
- Thesis Writing:Work on the thesis represents the final phase of the Fellowship program. 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.
- 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 either be accepted as it is or accepted after modifications or rejected.
- 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 Fellowship program is to prepare scholars for academic work and research. Hence the final requirement for qualifying for the title of Fellowship is to have at least two papers in reputed peer reviewed International journals, in well known classification lists like Clavariate Analytics, or journals with a Scopus Cite Score. In addition, scholars should publish a Case in Richard Ivey Case publishing / Harvard Business School Publishing, ACRC etc. The scholar should either be a single author or the first author for this purpose. The scholar must (has to) be aware of the anti-plagiarism clause and may submit the teaching case with teaching notes to one of the above-mentioned case collections at one point of time.
- Requirement for Teaching Assistantship:Since the purpose of the FPM program 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 ‘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 provide 30 hours of teaching assistantship.
Program Learning Goals (LGs)
LG1: RESEARCH COMPETENCIES
LG2: KNOWLEDGE CREATION
LG3: TEACHING ABILITY
Award of the Title of Fellow
A scholar must complete the following requirements to qualify for the award of the title of Fellow:
- successfully complete the FPM course-work
- successfully complete the comprehensive research evaluation
- successfully complete the thesis work
- complete the publication requirement
- complete the 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 “Fellowship in Management” at the Institute’s Annual Convocation.