Areas of specialisation

ISB offers the FPM in seven areas: Accounting, Financial Economics, Information Systems, Marketing, Operations Management, Organisational Behaviour and Strategy.

Candidates indicate their area of specialization at the time of applying for the programme.  Once admitted, the students will not be allowed to change their area of specialisation.  Based on the pool of applications and suitability of the candidates, a specific area may decide not to offer admissions to students in an academic year.

The Fellow Programme in Accounting trains students to research contemporary issues in the field using the latest empirical research techniques. Students must possess intellectual curiosity, an appreciation of institutional detail, and a strong aptitude for quantitative analysis. It is not essential for you to have prior training in accounting, although exposure to the implications of accounting, (for example, as a user of accounting information), is preferable. Faculty research interests include economics of the auditing profession, corporate governance, earnings management, accounting conservatism, voluntary disclosure, and executive compensation. You will interact closely and learn from distinguished faculty members who have published in top-ranked accounting journals such as The Accounting Review.

Financial Economics

The  programme exposes you to a stimulating breath of sub-disciplines within financial economics. Students are closely mentored by faculty to become skilled independent researchers and academicians. The finance faculty at ISB are regarded for their excellence in research, with publications in top-tier finance journals. Their interests span diverse areas such as the design of IPO mechanisms, promotions and internal labour markets, the links between bankruptcy codes and innovation, and information revelation in future markets. From corporate finance theory and market microstructure, to microfinance and financial econometrics, you can expect to engage in lively discussions with faculty in these areas. An ideal background to excel in this discipline includes undergraduate or postgraduate training in economics, mathematics, engineering, statistics, or other quantitative disciplines. 

Information Systems
The faculty in the Information Systems (IS) area at ISB come from the top business schools in the world such as Carnegie Mellon, University of Texas, University of Rochester and Stanford University. They use quantitative tools such as game theory and econometrics, and extensively use economics and strategy as reference disciplines to study topics in software product planning and pricing, human capital development in knowledge-intensive organisations such as IT services firms, electronic commerce and internet advertising, organisation and value of outsourcing relationships, impact of IT on firm value and on society, and the organisation and value of social networks. The area faculty have established strong publication records in the top academic journals such as Management Science, Information Systems Research and Management Information Systems Quarterly. Several top academicians from universities such as New York University, University of Minnesota and the University of Connecticut visit the IS area regularly to collaborate on research. The IS area also hosts an international academic conference in Information Systems every year. This conference regularly attracts the best of the researchers from the United States. This strong focus on research activities provides a broad exposure to students who are exploring research topics to define their areas of interest. Further, the constant availability of faculty with strong publication records in the top research journals of the world ensures in-depth mentorship.

Marketing is an interdisciplinary field that draws upon theory and methodology from a wide variety of knowledge areas, including psychology, sociology, mathematics, statistics, and economics. The discipline is fundamentally concerned with the description and prediction of decision outcomes that involve all aspects of the firm – customers, competitors, distributors, and business regulators. Marketing uses an eclectic mix of methods and theories to understand buyers’ perceptions and preferences, allocate marketing resources and develop game theory models for marketing strategy.

The Fellow Programme in Marketing Management at ISB is designed to train students to become top researchers and academics in the area of marketing. As a student, you will enjoy close collaboration with the marketing faculty who hold PhDs from top universities and are actively engaged in academic research.

Operations Management

The Fellow Programme in Operations Management is designed to train students to use quantitative tools and analytical frameworks from several disciplines to study managerial problems in areas such as supply chain management, service delivery, product development, transportation, retail and manufacturing. The programme combines diverse analytical disciplines such as game theory, econometrics, mathematical programming, probability and statistics, stochastic processes and the theory of algorithms, and operations strategy, to immerse students in an intellectually stimulating environment conducive for high quality research. You will benefit from faculty in this area, who have doctoral degrees in operations management / operations research from top universities such as University of California in Los Angeles, Cornell University, University of Rochester, and Georgia Institute of Technology. They have varied research interests across several areas and industries, and are frequent contributors to internationally recognised, top-tier academic journals.

Organisational Behaviour

The Fellow Programme in Organisational Behaviour is designed to emphasise the importance of individuals and teams to modern organisations. The programme has been specifically structured to mentor you to be at the forefront of research in this area. The resident faculty have published papers in top-tier academic journals like the Academy of Management Journal, Journal of Applied Psychology, Journal of Experimental Social Psychology, Personnel Psychology, and Organisation Science.  Area faculty have won awards for reviewing, and regularly present their research in top international conferences. Research interests of faculty members include organisational citizenship behaviour, contextual work performance, positive (e.g. creativity, whistle-blowing) and negative (e.g. white-collar crime, corruption) deviance in and of organisations, teams, personality, interpersonal conflicts and relationships at work, and negotiations. Faculty members are widely recognised and have PhD degrees from top universities such as University of Illinois at Urbana-Champaign, University of Iowa, Michigan State University, and the National University of Singapore.


The Fellow Programme in Strategy prepares students to engage in research that addresses fundamental problems relating to business strategy. The strategic management track trains them to analyse a firm’s response to its environment and competitors, and to carry out research that enables an understanding of the foundation of competitive advantage. It also allows you to acquire expertise in a variety of disciplines that will enable you to carry out cutting-edge research in areas such as competitive strategy, innovation, global strategy, organisation theory and entrepreneurship. Faculty members have PhD degrees from top universities such as Carnegie Mellon University, Indian Institute of Management, London Business School and Ohio State University. They frequently contribute to internationally recognised, top-tier academic journals.