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The Faculty Development Programme is specially designed for teachers, researchers and industrial organizations for their management education requirements. Since the first course that was offered in 1979, the programme has been continuously modified and restructured to address new developmental needs of management educators. Faculty development is a similarly used term to staff development and professional development, in settings that pertain to educators. Professional development for educators may include teacher training, and is usually considered pre-service, or before beginning teaching.

Faculty development and professional development may both be used to refer to on-going professional learning for educators. Such learning may take place during work hours. These learning pursuits may be for credit or noncredit, therefore they may be with a college or university, through a school district, or private consulting agency. Additionally educators may pursue self-directed learning. K-12 faculty development and professional development and higher education faculty development and professional development have very different traditions, practices and terminologies. Higher education faculty development is beginning to take place not just face-to-face but also online.