Postgraduates in any discipline (or professional field) related to management with at least 55% marks (or graduate engineers with at least 55% marks and having at least 2 years of work experience) are eligible to apply for the FPM. In case the score is available on a letter-grade system, the Institute expects a minimum cumulative score of 4.80 on an 8-point scale (or 6.00 on a 10-point scale). Although the eligibility criteria are defined in these terms, the Institute prefers applicants who have excellent academic record as well as rich managerial experience.