Is FPM better than an MBA?

0 3 Views | Posted 10 months ago
Asked by Shiksha User

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    Answered by

    Pallavi | Contributor-Level 10

    10 months ago

    FPM is a doctoral-level programme which emphasizes theoretical frameworks, and advanced research methodologies and contributes to the generation of new knowledge in the field of management.

    On the other hand, MBA programs are more practical and application-oriented and cover a wide range of business disciplines such as finance, marketing, operations, strategy, and leadership. MBA graduates are prepared for managerial roles in various industries, emphasizing problem-solving, decision-making, and leadership skills required in the corporate world.

    Candidates can check the table below to see the comparison between the two.

    Details

    FPM

    MBA

    Course Level

    Doctorate

    PG

    Course Duration

    3 years

    2 years

    Course Fee

    INR 40,000 - INR 7.87 L

    INR 2 Lacs - INR 27 Lacs and above

    Admission Criteria

    Merit-Based/Entrance-Based

    Entrance Exam + Group Discussion + Personal Interview

    Entrance Exams

    CAT, MAT, XAT, CMAT and ATMA

    CAT, CMAT, XAT, MAH MBA CET, etc.

    Popular Colleges

    IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI Xavier School of Management, etc.

    IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, Indore, IIM Kozhikode, etc. 

    Job Profiles

    Management Executive, Relationship Manager, Financial Management Advisor, etc.

    Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc.

    Average Salary

    INR 2.4 LPA - INR 13.8 LPA

    INR 5 LPA - INR 25 LPA

    Top Recruiters

    HDFC Bank, HCL, Greytip Software, Britannia Industries, Reliance Brands Limited, AIM Technical and Management Services Pvt. Ltd.

    Boston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc.

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