PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV): Application Form and Admission
AICTE has announced PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV) for candidates who wish to have their own start-up This article will provide you with all the important information for this program.
PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV) is a two-year management program approved by AICTE. The program is structured to provide more experiential learning experiences. The postgraduate program aims at providing a blend of expertise and applications with maximum practical knowledge. Around 60% of the course curriculum focuses on practical topics such as experiential learning, guided projects alias capstone projects, action learning segments, simulations, skill & competency development modules.
The program will help the students to recognise, identify and grow their enterprising skills for setting up a successful start-up. Candidates who are interested in enhancing their entrepreneurship skills can enrol for this program. AICTE will conduct a common entrance exam for admission to this program. This article has all the relevant information for admission to PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV).
Table of Contents
PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV) Important Dates 2020
The official dates regarding PGDM/ MBA in IEV admissions are mentioned below
Event | Dates(Tentative) |
Online Registration Begins | August 5 |
Last Date of Application | August 28, 2020 |
Admit Card releases | August 31, 2020 |
Common Entrance Test Date | September 1 and 2, 2020 (Online Mock Test) September 5, 2020 (Final Online Test) |
Result Declaration and Release of Selection List | September 10, 2020 |
Personal Interview by Respective Institutes | September 11-15, 2020 |
Final Admission and Beginning of Classes | Before October 15, 2020 |
PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV) Eligibility Criteria 2020
Candidates must check the minimum eligibility criteria of PGDM/ MBA in innovation, entrepreneurship and venture development(IEV) set by AICTE for admission. The minimum eligibility criteria for admission are mentioned below.
- Candidates must have completed graduation from any stream of course(10+2+3)/(10+2+4)/(10+3+3).
- Students with creative vision and ideas, a passion for creativity and a deep dedication to developing and running start-ups as a profession are ideal candidates for this program.
PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV) Application Form 2020
Candidates need to fill the application form for the common entrance test conducted by AICTE. They must follow the registration process provided below.
Registration
The registration for the exam can be done online after visiting the CET exam page http://cet.cbtexam.in at AICTE website and MHRD’s Innovation Cell (MIC) webpage (www.mic.gov.in).
Besides this, registration can also be done from the college website approved by AICTE. Candidates will have to fill al the required information in the application form while registering for the exam. Since an online proctored test will be held this year due to COVID-19, some of the minimum/basic technical requirements for proctored online CETIE 2020 are given below.
Minimum/Basic Technical Requirement for Proctored Online CETIE 2020:
- Only single LAN cable on test node machine and Internet with automatic connect mode and 5 mbps uploading and downloading bandwidth.
- If the candidate is using a laptop then it should have inbuilt web camera and mic.
- Windows 10, 2 GB RAM, Core 2 Duo, 64 BIT,20 GB Free HDD Space in ‘C’ drive, Single plug and play colour Web Camera and Microphone with the proper driver installed and working.
- Windows Defender service should be disabled.
- Screen Saver and Sleep mode should be off.
- Antivirus should be disabled.
- LAN wire should be connected, and the network should be enabled.
- All connections should be properly or No loose connections at test node machine such as - VGA Cable, Power Cable, LAN connection
- Monitor driver should be single at a test node machine.
- Exam Player download link and instruction to install player will be given one week prior to the exam
- The candidate will be not able to log in for the exam if the photo is not clear or is older more than 6 months.
- The candidate will need to upload his latest and clear passport size photo with a white background while filling the application form
Selection of Centre:
Candidates will then have to select a test centre as per their convenience. There are four cities including Coimbatore, Warangal, Ahmedabad, Dehradun which can be chosen as test centres. Applicants can provide a maximum of two centres of choices in order of preference. The examination authority may add some extra centres depending on the number of candidates registered for exams. In that case, the nearest centre for these four centres will be allotted as the new centre.
Choice of Institute:
Candidates need to choose either of the four institutes according to their preference.
Form Submission
Once candidates have completed the application form, they are advised to check the details mentioned in the form. They can submit the form after verification.
PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV) Application Fee 2020
While submitting the application form, candidates need to submit application fee for the PGDM/ MBA in innovation, entrepreneurship and venture development(IEV) entrance exam decided by AICTE. The registration fee for all the categories is given below.
Category | Fee |
General/ OBC Male Candidates | INR 1400 |
All Female Candidates | INR 700 |
SC/ ST/ PWD Candidates | INR 700 |
PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV) Admission Process 2020
Candidates who want to get admission in the PGDM/ MBA in innovation, entrepreneurship and venture development(IEV) need to appear for the common entrance exam conducted by AICTE. The entrance exam is a computer-based test which will be conducted inline at various exam centres allotted by the conducting body. The total duration of the exam is 2 hours and it will be conducted from 10:30 a.m to 12:30 a.m. Around 75 questions from innovation, entrepreneurship, data interpretation, IPR, startup, logical reasoning, and language communication will be questioned in the exam. After that, all the institute will conduct a personal interview and group discussion round separately. Candidates can check the dates from the official website of the selected college. Final selection list will also be available on the official website of the college.
PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV) Course Structure
The program has five modules and two parts of action learning and three Capstone projects to allow students to learn how to identify, create and form business opportunities, develop leadership and establish a start-up team. The structure is explained below:
Tracks/Phase | Year | Semester | Modules, Capstone Projects and Action Learning Segments |
Foundation of Management and Entrepreneurship Track | 1st Year | 1st | Module-II: Management Skills for Entrepreneurs and Managing for Value Creation Capstone Project-II: Development of Business Idea into working Prototype Module-I: Introduction to Innovation and Entrepreneurial Idea Generation and Identifying Business Opportunities Capstone Project-I: Development of an Innovative Business Idea into a Proof-of-Concept |
2nd | Module-III: Creating and Sustaining Enterprising Model & Organizational Effectiveness Capstone Project-III: Development of Minimum Viable Business Model of Innovation | ||
Start-up Experiential Learning Track: (Co-Learning & Contribution) | Action Learning Segment-I: Start-up/Incubation Residency Learning Program | ||
Entrepreneurship Intensity Track (Immersion into Incubation Facility and Resource Access) | 2nd Year | 3rd | Module-V: Creating and Growing New Venture and National & Global Business Environment Module-IV: Advancing Entrepreneurial Skill and Venture Planning |
Start-up Establishment Track | 4th | Action Learning Segment-II: Venture Establishment Phase at Incubators/Accelerators | |
Final Exit | Completion of “MBA/PGDM in Innovation, Entrepreneurship and & Venture Development” Degree | ||
Colleges Offering PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV)
AICTE has approved 15 colleges for PGDM/ MBA in innovation, entrepreneurship and venture development(IEV). Candidates can select any college for admission.
College Name | Course |
PGDM in IEV | |
CV Raman Global University, Bhubaneswar | MBA in IEV |
| PGDM in IEV | |
| MBA in IEV | |
| MBA in IEV | |
Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology, Morai | MBA in IEV |
Manav Rachna International Institute of Research and Studies, Faridabad | MBA in IEV |
| PGDM in IEV | |
| MBA in IEV | |
Dayalbagh Educational Institute- Department of Education, Agra | MBA in IEV |
Techno India University, Kolkata | MBA in IEV |
PGDM in IEV | |
| MBA in IEV | |
Graduate School of Management Studies, Gujarat Technological University, Ahmedabad, Gujarat | MBA in IEV |
MBA in IEV |
Candidates can choose to visit the official website of all the four colleges to get more details information about the program. After the completion of the programme, candidates will have a knowledge of how to build an idea and converting it into a successful start-up