At present there is a pressing shortage of quality faculty in Management. This requirement of the Management schools will be addressed by the M. Phil. Programme. The world of Management is of a fast-changing dynamic nature. Constant study and research is M. Phil. Programme will meet this requirement of pressing forward the frontiers of knowledge and dissemination of updated information in different areas of Management research. It will contribute to the growing body of knowledge in Management, particularly in the Indian context. The Programme has been designed to provide an interdisciplinary approach to research. Water-tight compartments between different disciplines will be broken down through this Programme. This will lead to cross-fertilization of ideas which will enrich Management research and teaching. The Programme will provide government, industry and management institutes with individuals equipped with a high level of research capability and experience. Graduates of the M. Phil. program will have a thorough understanding of the principles of business theory and its applications in various fields, along with the ability to think systematically about, and apply quantitative methods to, business problems. They will have acquired the knowledge and skills necessary to begin working independently on their Ph.D. dissertations. The research findings for the M. Phil. degree may be extended to the Ph.D thesis by the particular candidate, although the M. Phil degree will not be a prerequisite for admission to the Ph.D degree. Moreover, a candidate may not pursue both M. Phil and Ph.D courses simultaneously.