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FPM Program Fee

Program Fee

The total fee for Fellow Programme in Management (FPM) is Rs.4,00,000 (Rs. Four Lakhs only) as applicable at the time of admission payable in the following manner:

  • An initial non-refundable acceptance fee Rs. 60,000 (Rs. Sixty thousand only) payable before commencement of the programme in the academic year into which he/she is selected for admission.
  • The balance Rs.3,40,000 (Five lakh forty thousand) fee must be deposited in four instalments in the following manner:

           1st instalment – Rs. 85,000/-

           2ndinstalment – Rs. 85,000/-

           3rdinstalment – Rs. 85,000/-

           4th instalment –Rs. 85,000/-

Financial Support (Full time Researchers and Freshers)

SSIM offers limited scholarships to full-time FPM candidates. A stipend will be paid to the scholar who fulfils the criteria, for a period of two years after completing the course work and registration of the proposal.

  • A stipend of Rs. 20,000 per month in first year and Rs. 25,000 per month in the second year of the thesis work will be paid to the scholar who meets the criteria.
  • Stipend will only be disbursed when FPM scholar is not working anywhere.
  • FPM scholar will also be working as teaching/research assistant at SSIM.
  • The progress of the student will be reviewed every six months and the decision regarding the disbursement of stipend for the next six months will be based on the scholar’s performance in the last six month’s period. The satisfactory /unsatisfactory performance of the candidate in the last six months will be certified by the candidate’s guide.

Program Fee

The total fee for Fellow Program in Management (FPM) is INR. 3,00,000/- (Three Lakhs only) as applicable at the time of admission payable in the following manner:

An initial non-refundable acceptance fee INR. 60,000/- (Sixty thousand only) payable before commencement of the program in the academic year into which he/she is selected for admission. The balance

INR.2,40,000/- (Two lakhs forty thousand) fee must be deposited in three instalments in the following manner:

1st
Installment
INR. 80,000/-

IInd
Installment
INR. 80,000/-

IIIrd
Installment
INR. 80,000/-

Note: *A 25% fee waiver will be granted for Alumni of Siva Sivani Institute of Management(SSIM)

Financial Support (Full time Research Scholars)

SSIM offers limited scholarships to FPM scholars (full-time) based on their performance during the process of selection and during the tenure of the program.
A stipend of INR. 20,000/- per month in first year, INR. 25,000/- per month in the second year and INR. 30,000/- per month in third year of the thesis work will be paid to the scholar who meets the criteria.

Students fulfilling the mentioned criteria are eligible for stipend and are exempted from paying the tuition fees. These students are required to pay INR. 70,000/- (that includes Acceptance fee of INR. 60,000/- (Non-refundable) along with a security deposit of INR. 10,000/- (refundable).

Further, the students will also have access to the library and other academic resources available at SSIM.
The guidelines regarding the award of stipend includes:

A stipend will be paid for a maximum period of three years to the top scholars fulfilling the following criteria

The candidate scores high all through their selection parameters, as decided by the selection committee

The candidate is applying to pursue the program in the full-time(regular) mode only

The candidate is not and will not take up any other working assignment elsewhere while pursuing this program

The candidate completes the course work and thesis work within the stipulated time period of three years (the progress of the same would be monitored on a regular basis by the Research Committee)

Apart from regular research activities, the chosen FPM scholar/s will also be working as teaching/research assistant at SSIM.

Every month stipend will be paid to the selected candidate.

The progress of the student will be reviewed by the Research Committee every six months.

The decision regarding the disbursement of stipend for the next six months will be based on the scholar’s performance in the last six months.

The satisfactory/unsatisfactory performance of the candidate in the last six months will be certified in tandem with the committee and the faculty guide of the candidate

No extension of stipend will be provided beyond the stipulated time period of three Years.

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