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Can you become a professor in IIMs or IITs after FPM from new IIMs, like Rohtak or Raipur?
Becoming a professor from the new IIMs is definitely possible but rare. The FPM program offered at the new IIMs has varied peers some being freshers while some with Masters from foreign universities.
The following things matter when selecting an Assistant Professor in a new IIM
- Your experience
- The quality of your papers
The chances are rare because most of the new IIMs have professors who have done Ph.D. from older IIMs like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. Ph.D. is a program that totally depends on your performance and research. The initial years focus solely on research training and cannot be enough to make you eligible for faculty positions.
So your chances are rare but not null.
Is an FPM from a newer IIM, say Udaipur, worth it or should I try again next year?
The current leading USP of IIM Udaipur is its highly enriched research culture which has made it among the top IIMs in this aspect specifically. The NIRF rankings also speak of its rising status over the last few years. Some highlights of the FPM program from IIM Udaipur are
Some world-class faculties from IIM Ahmedabad and IIM Calcutta visit the campus of IIM Udaipur to spread their knowledge and sophistication to FPM students. This is done through coaching programs and workshops where you can identify your inclinations and talents.
The faculty of the FPM department is dynamic and capable of a concerted arrangement required to produce research through its students and themselves.
Research is something that requires your efforts at a personal level. So joining a 2-year Research program will be beneficial to you only. You can also switch to better research programs or even redo your Ph.D.
To initiate a career in research, one needs serious personal commitment, else there are many instances wherein people have failed to make a career in research. The newer IIMs offer little scope in this aspect and Udaipur is an exception. So don’t lose this opportunity and go for it without much thought.
How are the placements for IIM Indore FPM in finance?
FPM is a Ph.D. research program. There are no placement opportunities for this program at IIM Indore.
They can try and seek a job themselves. But this practice is not encouraged by IIM. This is because it spends around 1-1.5 Cr on each FPM participant. They want them to be true to the field of academics. They don’t want FPM students to be employed by the industry, they can just work with them occasionally.
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