January 18, 2024 | Kozhikode: The Indian Institute of Management Kozhikode (IIMK) has announced a significant hike in monthly emoluments for its Ph.D. scholars, marking a paradigm shift in incentivizing research at higher education institutes like the IIMs. The scholars enrolled in IIMK’s prestigious Doctoral Programme in Management (DPM), which leads to the award of Doctor of Philosophy (Ph.D.), will experience a 20-25% increase in their stipends as per the latest proposal approved by the IIMK Board of Governors.
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IIMK’s DPM is a full-time, residential, and fully financed doctoral programme of the institute. The IIMK fellowship underwent its last revision during the Financial Year (FY) 2018-19. The latest revision, scheduled for implementation in the forthcoming FY 2024-25, will be as follows:
| Slab | Current Fellowship | Revised Fellowship | Percentage Increase |
| First two years | 35,000 | 42,000 | 20% |
| On completion of Qualifying Exam | 37,500 | 45,000 | 20% |
| On completion of Thesis Proposal | 40,000 | 50,000 | 25% |
Announcing this significant decision, the Director of IIM Kozhikode, Prof. Debashis Chatterjee, added, “IIMK remains steadfast in its commitment to enhancing the value, quality, and experience of doctoral research in India. Our DPM graduates are a crucial source of talent for management researchers and faculty in leading national and international academic institutions, as well as industry, business, government, and society. This initiative will further motivate talented scholars to dedicate themselves to learning and inspire them to pursue research as a viable and rewarding career option.”
Two-thirds of IIMK’s DPM graduates have been placed as faculty members in prestigious national institutes (like IIMs and IITs) and esteemed universities in Europe, North America, and the Middle East. Other DPM graduates have received job offers from reputed corporate organizations.
IIMK is currently inviting applications for the 18th Batch of its prestigious DPM across the following areas of specialization:
- Economics
- Finance, Accounting & Control
- Humanities and Liberal Arts in Management
- Information Systems
- Marketing Management
- Organizational Behaviour & Human Resources
- Quantitative Methods & Operations Management
- Strategic Management
Interested candidates may visit http://tinyurl.com/yk5ryk43 for complete details. The application window will remain open till January 31, 2024.
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