The PhD (Doctor of Philosophy) program at IIM Lucknow is offered under its FPM (Fellow Program in Management). The PhD program at the Indian Institute of Management Lucknow (IIML) holds global recognition and various accreditations that are fruitful for students in building a strong career in academic.

The IIM Lucknow PhD program is a highly extensive research based doctoral level program. The main objective of the program is to guide students throughout their thesis and dissertation process and build world class academicians, researchers, and management thinkers with global exposure and interdisciplinary education quality offered to the students. The fee of the program is affordable and it also offers fellowship faculty to lessen the financial burden on students. 

The PhD program at IIM Lucknow is expected to be completed within 4 years and 6 months of enrollment whereas, in some exceptional circumstances an extension of additional 2 year leverage is offered to students. The IIM Lucknow PhD program is offered in multiple areas of research a few specializations are Agribusiness Management, Business Environment (Economics), Decision Sciences, Finance & Accounting, Human Resource Management, Information Technology & Systems, Marketing, Operations Management, and Strategic Management.

The IIML PhD program is a full time residential program focused on academic career objectives but a student can enroll in an Online DBA (Doctorate in Business Administration) program that is a completely online doctorate program. The program is for career advancement in business and corporate areas and it does not require any physical contact classes.