The two-year Post Graduate Programme in Management (PGP), offering the Post Graduate Diploma in Management (PGDM), is the flagship programme across all IIMs. And others management colleges In India. These post graduate diploma programmes are considered equivalent to regular MBA programmes. Some IIMs also offer a one-year Post Graduate diploma Programme for graduates with more work experience. Some IIMs offer the Fellow Programme in Management (FPM), a doctoral programme. The Fellowship is considered to be equivalent to PhD globally. Most IIMs also offer short-term executive education/EMBA courses and part-time programmes.