a) Curriculum

The Programme consists of course work followed by a dissertation. The course work phase is of two years duration covering six terms. In the first year, students of the Fellow Programme in Management take courses along with the Post Graduate students, while those specializing in the management related disciplines, undertake doctoral level courses. Graduates of the four IIMs applying for the Fellow Programme in Management (FPM) with a CGPA of 6.00/9.00 and above (or its equivalent) are automatically eligible for direct admission to the second year of the Fellow Programme. Applicants with the equivalent of PGDM from any of the universities/institutes with a minimum CGPA of 6.00 out of 9.00 and/or equivalent, may request for direct admission to the second year and this may be granted at the discretion of the PGP & Fellow Programme Committee. Similarly, Students with a master's degree or above in any of the pure discipline areas can be admitted to the second year of the Fellow Programme in the area. Waivers may be granted for particular courses to suitably qualified candidates on the basis of their prior proficiency. At the end of the first year, the students are required to take up a summer project in the industry or alternatively, work on a term paper under the guidance of a faculty member related to the major area of specialization. In the second year, FPs are offered a wide range of courses inclusive of the electives the group offers to PGPs. In addition the Fellowship students have the flexibity to take specislized FP level courses which are not offered to PGDM and PGDCM students. Some groups may insist that FPs take only doctoral level courses in their second year.

On satisfactory completion of the course work with the requisite CGPA, a Comprehensive Qualifying Examination (CQE) is held. After qualifying in the CQE, the student is required to submit his/her proposal for dissertation to an interdisciplinary Thesis Advisory Committee consisting of Thesis Supervisors and at least two other faculty members. Finally the student writes the dissertation which is evaluated by a Thesis Examination Committee (including external experts), and the student publicly defends the dissertation before the Thesis Examination Committee.

b) Specializations

Behavioural Sciences
Courses draw upon concepts from the interrelated fields of psychology, anthropology and sociology, and aim at a synthesis of these in an attempt to understand the process of organizational growth and development, and the role of the individual and/or groups in organization. The courses include among others, the following: Theories of Organization, Research Methods in Behavioural Sciences, Organizational Design and Planning, Special Studies in Behavioural Sciences, Organizational Psychology, O.D., Interpersonal Influence Processes, Organizational Communication.

Economics
The courses in Economics attempt to provide an understanding of the economic environment with the help of standard analytical techniques of economic theory. The courses include Macroeconomics, Microeconomics, Econometric Methods, International Trade Theory, Industrial Organisation, Development Economics and Indian Economic Problems. Emphasis is given on learning the tools of analysis and using them in understanding recent trends in India and the world. Research interests of the Economics faculty are in the areas of economic theory, development problems, applied econometrics, industry studies and political economy.

Finance & Control
The courses in the area are intended to acquaint the students with the cost and financial basis of enterprises as also their financial management. The courses include, among others, the following: Cost and Financial Accounting, Financial Management, Management Accounting, Advanced Financial and Cost Accounting, Advanced Financial Management and special studies in Finance and Control.

Human Resource Management
The Human Resources Group offers courses, which make a critical analysis of the issues relating to Human resources management and labour relations systems in the context of organisational as well as environmental change and development. The courses are designed not only to help the students acquire specific skills but also to develop an in-depth understanding of the underlying concepts to enable them to analyse the related problems and issues in a broader theoretical perspective.

The courses include, among others: Comparative studies in Industrial relations, Legal structures and practices of Industrial Relations in India, Advanced studies of trade unions Theory and practice of workers' participation in management, Labour economics, Comparative studies in Human resource management, Strategic human resources management, Advanced corporate manpower planning, and Wage compensation systems.

Marketing
The courses in marketing try to acquaint the students with the broad spectrum of issues in this field. In the first year, a student attends two compulsory courses, namely Marketing Management and Marketing Research. In the second year, the aim is to equip the student with the contemporary issues in marketing theory with special reference to the issues of competition and strategy. Depending on one's interest one may choose from courses which highlight the current Indian and International Marketing Environment, Consumer Behaviour and the Buying Decision Process. Market Segmentation, Product Positioning, New Product Launch, Managing Sales and Distribution Channels, Pricing Strategies, Advertising and Sales Promotion strategies, Services Marketing and Industrial Marketing. Areas of interest of the Marketing group include Product management, Strategic Marketing, IT and Marketing Interface, International Marketing, Distribution Management and Relationship Marketing, Advanced Marketing Research and Consumer Behaviour.

Management Information Systems
The discipline of Management Information Systems primarily aims at enhancing the managerial understanding of organizational information systems and information technology. In consonance with this general focus of the discipline, the M.I.S. Group offers course in the following areas:

1. Different aspects of information technology such as operating systems, computer networking, database management systems, etc.
2. Systems analysis and design, industrial dynamics and systems modelling.
3. Planning and management of organisational information systems.
4. Object-oriented concepts and programming with applications to software development and information modelling.

The current areas of interest of M.I.S. group faculty members include artificial intelligence, data structures and computer algorithms, object-oriented concepts, industrial dynamics, systems modelling and planning, management of information systems and application of these concepts to scheduling, manufacturing, optimization in business processes, e.g. finance, strategic management.

Mathematics for Management
As it is well known all around the globe, the research work on different disciplines of Management like Finance, Marketing and MIS are requiring a considerable amount of Mathematical prerequisites. IIM Calcutta is the best place in the country to facilitate a much adored golden handshake between Mathematics and Management. Alongwith streamlined courses in Management, the fellow student takes a considerable number of courses in Mathematics and the minor area of his choice. Apart from a host of pure Mathematical courses like Linear Algebra, Measure Theory, Real and Complex Analysis, Functional Analysis, Topology, Ordinary and Partial Differential Equations, the curriculum also caters to a number of applied courses like Variational Methods and Control Theory, Applied Algebra, Generalized Functions, Graph Theory, Operations Research, Probability Theory, Computational Methods et cetera. The instructor to student ratio for the Fellowship Program in Mathematics for Management is probably the highest among all the doctoral programs offered in the nation. Apart from an array of highly qualified professors, the institute also encourages advanced courses in the discipline taken by visiting professors from Indian Statistical Institute, Calcutta University and many other institutes who are experts in their respective domains. The institute library has a rich collection of books and journals that are easily accessable and readily available owing to the fact that a small fraction of the student community is selected to pursue for Mathematical Studies. Though roughly 0.2 percent of the students carry out their research work in Mathematics, about 10 percent of the books and 2 percent of the journals are related to Mathematics.

Operations Management
The Operations Management Group courses cover three broad areas, viz. Mathematical and Statistical Techniques, Operations Research and Production Management. The courses include among others, Theory of Probability, Statistical Inference, Mathematical Programming, Queuing Theory, Technology Management, and R&D Management. The current areas of interest of the OM faculty include Combinatorial Optimization, Group Decision Making, Multi-objective Programming, Fuzzy Programming, Data Envelopment Analysis, Computer Integrated Manufacturing Systems, Quality Assurance, Management of Technology, Stochastic Optimization and Application of Probability Theory to Decision Making.

Regional Development
Courses in Regional Development provide an in-depth appreciation of the regional and spatial growth and development dynamics in the context of planning and development of the national economy. The field of studies include: regional development problems, regional structure and spatial planning of the Indian economy, management of resources and environment, urban and rural development planning, decentralized planning processes and development organizations Faculty research interests consist of regional development problems and policy analysis, management of urban and rural settlement, decentralization planning processes, environment management and sustainable development, regional production systems and economic growth.

Sociology
Courses in Sociology attempt to provide the students with a sociological interpretation of social structure and social processes; with a special emphasis on Indian social structure and development. The courses include, among others, the following: Development problems, sociological perspective on planning, organisational theories and applications and sociology of work and industrial workers. The current research interests of faculty in the Sociology group include among others, Sociological theory. Social development, Rural marketing, Rural labour, Science & technology, Entrepreneurship, Development Administration, Management of rural Development and NGO management.

Statistics
The courses in this area prepare the students to conduct pure and applied research in Statistics. Advanced courses covering probability theory, sampling, reliability, multivariate analysis inference and design of experiments constitute the major offerings of this area.