Faculty Development Progammes are a means to expose the faculty in higher education to new theories and technology in their field. However, evaluation component of such programmes is usually not well-planned. An attempt has been made to identify the determinants of usefulness of FDPs in the area of Business Management as perceived by faculty and the extent of impact of these factors on usefulness. The study identifies four determinants. A dynamic model of sefulness of FDPs is presented as an outcome of the study