PGDM IEV

To encourage young graduates to develop and grow innovative startups and the family business heirs multiply their businesses, the Government of India has launched this new MBA/PGDM in “Innovation, Entrepreneurship and Venture Development (IEV)” from October 2020.

This MBA is different from MBAs in other disciplines like marketing/finance/HR etc. as it has been specifically designed by the experts in the government to convert job seekers into job creators under the Prime Minister’s pledge to make Atamnirbhar Bharat.

The objective of this unique action oriented program is to produce new generation entrepreneurs capable of building innovative startups and simultaneously earning master degree.

New Delhi Institute of Management is one of the 15 Higher Educational Institutions in the whole of India approved from AICTE to offer this unique 2 years’ full time PGDM in Innovation, Entrepreneurship, and Venture Development (IEV).

  • A 27 years old Management Institute
  • Incubation Facility in association with ASSOCHAM, the oldest, leading, largest and Apex Chamber of Commerce and Industry of India
  • Startup Ecosystem Partner with Chatur Ideas (Startup Enabling Platform)
  • Entrepreneurship support from NHRDN, PHD Chamber of Commerce, Wadhwani Foundation, Satin Creditcare Network Ltd, ICTC, iKure, TEC, and DMA
  • Guided by Entrepreneurial Stalwarts Board of Directors
  • Academic Advisory council members comprising of national & international Entrepreneurs
  • Large pool of Industry & Alumni Entrepreneurial Mentors
  • Core faculty trained in entrepreneurship by MHRD, Wadhwani Foundation & Nexus (The startup hub powered by the US Embassy)
  • Network of Angel Investors & VCs
  • Round-the-year exposure through entrepreneurship events
  • Internships/Live Projects with leading startups
  • Declared “Best Industry-Linked B-School of India” third year in a row (2017, 2018, 2019), by the AICTE and the CII
  • Elevated and declared as the First and the only “Mentor Institute” in India in the Management category by the AICTE and the CII
  • Only MBA institute in this part of the country to host grand finale of Smart India Hackathon 2017, 2018, 2019, & 2020

PGDM/ MBA in Innovation, Entrepreneurship, and Venture Development (IEV) is an innovative and incubation-centric 2 years’ full time program introduced by AICTE and is an initiative under the National Innovation and Startup Policy of MHRD’s Innovation Cell.

This PGDM (IEV) is best suited and specially designed for enthusiastic candidates with creative tendencies, entrepreneurial mindset, passion for innovation and strong determination to build and run a startup as a career. This course is designed to provide more experiential learning opportunities and to practice innovation and entrepreneurship and skill set for building startups. The students get access to co-working space and facilities of pre-incubation and incubation to develop innovations and further to startups.

With an objective to connecting theory of innovation and entrepreneurship with practice and enabling students to acquire skills, this outcome oriented program will facilitate learning on management of innovation, entrepreneurship and venture development from foundation to advanced stages and simultaneously enable students to apply their entrepreneurial skills in real life situations, validate ideas, build innovations, test market and build a successful venture out of it.

The course has five Modules and two Action Learning Segments and three Capstone Projects to enable students to learn to recognize, create and shape a business opportunity, develop leadership and build a start-up team, construct business models, and assess market feasibility for launching new start-ups.

By the end of the programme, students will have a knowledge and understanding of:

  • Key concepts of entrepreneurship, innovation and new venture development.
  • How to take an idea, build a prototype and launch to early customers in the market.
  • Demonstrate how to Market an Idea/Prototype to early customers
  • Knowledge of scale up
  • Knowledge of venture growth strategies
  • Knowledge of Business Models and Fund Raising
  • Knowledge of Hiring and Talent Management
  • Knowledge of International Start-up Ecosystem

The program will prepare young minds towards self-employment and create employment opportunity for others through enterprise development. It is expected that, more job creators will come out and most of the graduates of this program will start and thrive with their own start-ups launched during the study period.

Graduates from this program will find lots of opportunities to team up with start-ups as co-founders or core team members because of their close understanding and working experience in innovation and entrepreneurship throughout their study period.

Furthermore, these graduates will be preferred candidates to get the assignment to coordinate and lead pre-incubation centers in academics such as Entrepreneurship Development Cells (EDC), IEDC, New Gen IEDC, Start-up Cell, Innovation Cell etc. With their experience and interest, further job opportunities to get absorbed with incubation units, acceleration units, angel and VC firms etc. Even, these graduates will find preferential space to work with CSR arms, social enterprise arms and spin off departments of corporate, NGOs and social enterprises.

Furthermore, they have every opportunity to get back to job life because youths with entrepreneurial mindset and enterprise skill sets are high in demand and often offered leadership positions.

  • A graduate in any discipline of course (10+2+3)/ (10+2+4) / (10+3+3) with a minimum of 50% Marks at UG level.
  • UG candidates those are waiting for final result can also apply
  • Enthusiastic candidates with creative tendencies, entrepreneurial mindset, passion for innovation and strong determination to build and run a startup as a career

For any query related to registration and application process, please contact the admission counsellors at 011-40111000 / 1800-419-0606 / 08882468367 / 09910695359

ComponentsWeightage
Total100%
Registration: Statement of Purpose, Letter of Recommendation & Innovative Idea10%
Registration: Previous experience and Achievement in the area of Innovation, IPR and Start-up10%
Performance in Common Entrance Test-IE40%
Personal Interview: Innovation potential & Entrepreneurial Intention40%

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