The Irons boss was nominated alongside winner Ronald Koeman, runner-up Mauricio Pochettino and Manchester City’s Manuel Pelligrini.
Koeman has been credited for having won three out four league games in the first month of 2016 – finishing off with a 1-0 win at Manchester United after beating West Brom and Watford.
The Tottenham head coach’s side also won three out of four in January but were beaten at home by Leicester.
Pellegrini’s Manchester City team went unbeaten last month with two draws and two wins, while the Irons beat Liverpool and Bournemouth and drew with Man City.