Great Lakes Chennai Unveils Fellow Programme in Management

The programme offers a stipend of INR 50,000 for the first two years, which will increase in the consecutive years of the course.

Great Lakes Institute of Management, Chennai, announced the launch of its innovative Fellow Programme in Management (FPM), a rigorous doctoral program designed to equip aspiring scholars with the skills and knowledge needed to excel in academia and research. 

The programme was launched by Dr. C Rangarajan, renowned economist, the 19th Governor of the RBI, former Governor of Andhra Pradesh and current Chairman at Madras School of Economics along with Prof. Suresh Ramanathan, Dean and Principal of Great Lakes Institute of Management, Chennai. 

Speaking at the launch event, Chief Guest, Dr. C Rangarajan emphasised, "Research is as important as dissemination of knowledge. Ultimately an institution is justified by not only what is conveyed through existing stock of knowledge but also to create and grow new knowledge. I am happy Great Lakes Institute of Management Chennai has taken a bold stride towards this goal.” 

Benchmarked against global standards, the FPM offers students a unique learning experience with guidance by world class faculty at Great Lakes and further mentorship by leading international faculty from US and Europe. With a focus on high quality research and guidance of faculty who have published in top tier academic journals, students will gain in-depth knowledge of core disciplines like economics, psychology, and statistics while mastering cutting-edge research methods such as experimental design, machine learning, and econometric modeling. 

Dr. Suresh Ramanathan, Dean & Principal, Great Lakes Institute of Management, highlighted, "Putting India on the global research map is important. We are proud to launch a programme that is truly benchmarked to global standards and will draw upon a network of highly accomplished scholars globally which will lead to highly impactful research.” 

The FPM at Great Lakes Chennai is helmed by Prof. Vidya Mahambare, Union Bank Chair Professor of Economics and Director- Research at Great Lakes Institute of Management, Chennai. She expressed enthusiasm about the program's potential impact, stating, “This program is designed to empower aspiring researchers with a comprehensive curriculum and world-class mentorship. Its unique co-mentorship model ensures personalized guidance and support, preparing fellows not only for impactful research but also for a successful academic career, equipped with advanced teaching techniques. To support the research scholars, the programme offers a 100% tuition fee waiver and an additional stipend to fund their research activities and living costs.” 

The FPM course is organized into two phases. 

In Phase 1, spanning Years 1 & 2, students engage in an immersive curriculum covering various management domains, culminating in the creation and presentation of two research papers, each subject to evaluation by the entire faculty. This phase is instrumental in laying the groundwork for a robust research portfolio. 

Phase 2, spanning Years 3-5, follows the successful defense of the second-year paper, wherein students embark on their doctoral dissertation journey. They work closely with faculty advisors and a dedicated committee to refine their research topic, craft a formal proposal, and ultimately defend their dissertation, culminating in the award of the FPM degree.

Mr. Gautam Lakhamraju, COO & Admissions Director at Great Lakes, added, “For the Doctoral Program, in the first year we are looking to select 5-6 scholars with demonstrated potential for research and these candidates wll be chosen based on a rigorous selection prcoess based on the competitive test scores as well as academic and professional track records.”

The Great Lakes Chennai Fellow Program in Management offers several key highlights:

Students can learn from world-class faculty and renowned scholars with extensive research experience and publications in prestigious academic journals.

They also benefit from globally based co-advisors and mentors, receiving guidance and expertise from leading international faculty. Moreover, students master cutting-edge research methods such as experimental design, machine learning, and econometric modeling, enhancing their research capabilities. With a strong focus on publication, participants gain the skills and knowledge necessary to publish their research in esteemed academic journals.

Additionally, there is an emphasis on teaching, with students receiving comprehensive training in effective teaching methods, including the case method, to prepare them for successful academic careers.

Students will be accepted through a rigorous admission process which includes competitive exams such as JRF(NET)/CAT/XAT/GMAT/GRE along with a comprehensive profile-based evaluation.

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