The FPM at SPJIMR is a fully-funded programme. Every scholar admitted to the programme will receive full scholarship for the entire duration of their FPM journey.
Apart from this, to enable the participants to take care of their basic needs during their research journey, SPJIMR will also provide a monthly stipend. Participants in good conduct and faith will receive a stipend for the first four years of the programme. The details of the stipend at present are as follows:
- Coursework Phase: INR 40,000 per month
- Post clearing qualifying exam: INR 42,000 per month
- Post successful proposal defence: INR 45,000 per month