Financial Support for the DPM (PhD) at IIM Lucknow
- What is the Financial Support for DPM at IIM Lucknow?
- Objectives of the Financial Support for DPM at IIM Lucknow
- Eligibility Criteria and Financial Support
- How to Apply for the Financial Support for DPM at IIM Lucknow
- Documents Required
- Selection Process
- Importance of the Financial Support for DPM at IIM Lucknow
- FAQs on Financial Support for DPM at IIM Lucknow
What is the Financial Support for DPM at IIM Lucknow?
Pursuing a PhD is a long-term academic commitment, and IIM Lucknow makes sure scholars are financially secure so they can concentrate 100% on research. Financial support for IIM Lucknow’s Doctoral Programme in Management (DPM/PhD) includes fellowship, grant, fee waiver, and allowances. As stated on the official DPM page, once admitted, scholars receive a monthly stipend, contingency grant, conference/travel support, computer grant, and full fee waiver, creating a complete ecosystem for excelling in research.
Objectives of the Financial Support for DPM at IIM Lucknow
At IIM Lucknow, financial aid is structured not just to pay and support doctoral scholars, but also to empower them. The above intents include:
- Attract the best research potential by providing fellowships and funding that compete with institutions across the globe.
- Alleviate financial pressures to allow students to focus exclusively on coursework, research and publications.
- Promote scholarship and visibility of scholarship by funding travel to conferences, seminars, and research workshops.
- Promote innovation and independent inquiry by providing grants for software, books, and computing resources.
- Contribute to fortifying the research ecosystem at IIM Lucknow through investment in the doctoral scholars.
Eligibility Criteria and Financial Support
All PhD students who receive admission to the DPM programme are automatically entitled to receive financial assistance.
Eligibility Requirements
- To be eligible for financial assistance, applicants must be admitted to the full-time, residential DPM (PhD) programme. According to the 2025-26 admission criteria:
- A Master’s degree or equivalent with at least 55% marks; OR
- A 4-year/8-semester Bachelor’s degree with at least 65% marks; OR
- A professional qualification {CA, ICWA, or CS} with the predetermined minimum percent.
- Continuing eligibility for this support is subject to satisfactory progress and satisfactory completion of residential and academic requirements.
Benefits and Financial Support
- Monthly Stipend: 35,000 INR per month for Years 1 and 2, increasing to 40,000 INR per month starting Year 3, after the completion of the Comprehensive Examination.
- Duration: Up to 4.5 years (4 + 6 months) for resident Indian scholars.
- Contingency Grant: 10,000 INR for Year 1 and Year 2; 15,000 for Years 3 and Year 4 for books, software, and research materials.
- Computer Grant: A one-time, 50,000 INR grant to purchase a personal computer before the end of coursework.
- Conference and Travel Support: Up to 140,000 INR for reimbursement of one international conference (after the thesis proposal) that all travel and conference fees during Years 4 and 5 will cover.
- Fee Waiver: Full waiver of tuition and related fees (tuition and related academic fees).
- Other support: Possible reimbursement for professional body memberships, travel to field research, and partial health insurance for scholars who are married.
How to Apply for the Financial Support for DPM at IIM Lucknow
In order to apply for financial support, you will be applying directly to the Doctoral Programme in Management, which will automatically grant the fellowship once you are offered admission to the programme. Please follow these steps to apply:
- Visit the DPM (PhD) Admission Procedure at IIM Lucknow’s official website: https://www.iiml.ac.in/programme/doctoral-programmes/phd
- Read the admission brochure for the current academic year to confirm eligibility, specialisation, and deadlines.
- Register yourself online and fill in the DPM application form with your academic details, CAT/GRE/GMAT/GATE/JRF scores, and your academic research interests.
- Upload the required documents (transcript, certificates, statement of purpose, CV, and category certificate if needed).
- Pay the application fee as per the guidelines.
- Submit the application as soon as possible but before the deadline. (In general, the application will be completed in early to mid-February every year).
- All candidates will be called for an interview if they will be shortlisted. After the interview, the final offers will be made.
- Upon admission to DPM, financial support will commence automatically subject to residencies/ academic norms.
Documents Required
To ensure a successful application, have the following documentation prepared:
- Higher Education academic transcripts and Certificates for all previous degrees (Bachelor’s, Master’s, or equivalent)
- Valid standardized test results (GCAT/GRE/GMAT/GATE/JRF).
- Statement of Purpose (SOP) and role orientation note/statement of interest to establish yourself within the proposed research project.
- Curriculum Vitae (CV) or Resume
- Caste/Category certificate (if applicable).
- Identity proof, and a passport-sized photo.
- If selected, candidates may be required to provide bank information and hostel/residential documentation for stipend processing.
Selection Process
Admissions and consequently eligibility for funding is contingent upon the formal IIM Lucknow doctoral selection process:
- Initial screening: is based on academic credentials and admission test performance.
- Shortlisting: based on academic history and research fit.
- Interview & assessment: a faculty panel will assess the avenues of research, clarity of purpose, and communication.
- Final selection: the candidate will receive an admission offer. The funding will begin once the candidate becomes a member of the programme. Continuation of the fellowship is dependent upon the candidate maintaining full-time status and successfully meeting all academic milestones, including the Comprehensive Exam.
Importance of the Financial Support for DPM at IIM Lucknow
Doctoral studies require significant commitment over several years, and the IIM Lucknow fellowship provides the scholarships with an opportunity to engage in research with no constraints and to pursue excellence.
- It relieves the scholarships from financial burdens and allows them to focus solely on coursework and publications.
- Beneficial stipends and grants serve as additional reasons to make the IIM Lucknow DPM one of the most attractive doctoral programs in India.
- Travel grants and research funding enhance opportunities for international engagement and academic interaction.
- The full-time residential model, tied with the fellowship and fee waiver, creates an immersive environment for research in the management discipline.
- This support reinforces the conclusion of IIM Lucknow’s purpose of producing leading researchers and educators in management disciplines.
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