TH RANK IN

MANAGEMENT

2026

Post Graduate Program for Executives in

Entrepreneurship and Innovation Management

Duration
1 year

Mode
Online with Campus Immersion

IIM Mumbai
Alumni Status

Schedule
Friday evenings + Weekends

Duration 1 year

Mode Online with Campus Immersion

IIM Mumbai Alumni Status

Schedule Friday evenings + Weekends

Programme Overview

Entrepreneurship Meets Execution Excellence

A one-year executive programme designed to build entrepreneurial capability with a strong foundation in management, innovation, and real-world business application.

From Idea to Venture Creation

Learn to design, validate, and scale business ideas through structured learning, mentorship, and capstone-driven execution.

Built for Founders, Builders & Innovators

Ideal for professionals looking to start, scale, or innovate within startups, family businesses, or corporate environments.

Message from the Programme Chairperson

Dr. Ruchita Gupta

Chairperson, Post Graduate Program in Entrepreneurship and Innovation Management, IIM Mumbai

At IIM Mumbai, we believe entrepreneurship is not merely about building ventures, it is about creating value, shaping industries, and driving transformation. The PGPEx in Entrepreneurship and Innovation Management is designed to equip professionals with the strategic insight, technological orientation and execution capabilities to lead in an increasingly dynamic business landscape.

Through rigorous management education, experiential learning, mentorship and industry engagement, the programme enables participants to translate ideas into meaningful outcomes. With a strong emphasis on innovation, digital transformation and venture creation, it prepares future entrepreneurs, intrapreneurs and innovation leaders to build scalable and globally relevant enterprises.

Prof. Vartika Srivastava

Co-Chairperson, Post Graduate Program in Entrepreneurship and Innovation Management, IIM Mumbai

Entrepreneurship is about transforming ideas into value and opportunities into meaningful impact. The PGPEx in Entrepreneurship and Innovation Management at IIM Mumbai is designed to equip professionals with the knowledge, mindset and capabilities to navigate an increasingly innovation-driven business landscape.

Through contemporary management practices, emerging technologies, experiential learning and industry engagement, the programme offers a holistic understanding of entrepreneurship and innovation. Real-world projects, mentorship and diverse perspectives encourage participants to challenge conventions, develop solutions and create lasting value. With a focus on venture creation and innovation, the programme prepares professionals to lead change, build new ventures and turn ideas into meaningful impact.

Why Study Entrepreneurship & Innovation

entrepreneurial mindset

innovative and disruptive business models

leadership and decision-making capability

startup creation and venture growth

technical, managerial, and creative thinking

end-to-end entrepreneurial journey

networks, mentors and startup ecosystem

societal impact and sustainable innovation

Structure & Curriculum

The PGPEx-EIM is a comprehensive 1-year programme designed to combine core management learning, entrepreneurial specialization, and hands-on venture creation.

Key Academic Components

Core Courses

Electives

Capstone Projects

Campus Immersion

Module 1: Foundations of Entrepreneurship

Startup Failure & Resilience Examines the common causes of startup failure and equips participants with strategies to manage uncertainty, recover from setbacks, and build resilient ventures; fosters an entrepreneurial mindset focused on adaptability and long-term success.

Innovation and Technology-Product Strategy Explores how emerging technologies and innovation can be translated into sustainable business opportunities; develop product strategies that align customer needs, market trends, and competitive positioning.

Venture Capital and Financial Management Provides a comprehensive understanding of startup financing, financial planning, valuation, and fundraising mechanisms; enables entrepreneurs to make informed financial decisions and effectively engage with investors.

Marketing for Entrepreneurs Introduces customer acquisition, brand building, growth marketing, and go-to-market strategies tailored for startups; equips participants to identify target markets and create scalable marketing initiatives with limited resources.

Project Management Focuses on planning, execution, resource allocation, and risk management in entrepreneurial ventures; develops skills to manage projects efficiently while balancing speed, cost, and quality in dynamic business environments.

Venture Blueprint - Capstone 1 Enables participants to conceptualize and structure their business ideas into viable venture models. Through faculty guidance and peer feedback, they create a robust blueprint covering value proposition, business model, and execution strategy.

Campus Immersion 1 Design Thinking Workshop, Centre for Innovation Incubation and Entrepreneurship (CIIE) visit, and networking events.

Module 2: Building & Scaling Ventures

AI and Data Analytics for Entrepreneurs Introduces the application of artificial intelligence and data-driven decision-making in modern businesses; leverage analytics for customer insights, operational efficiency, and strategic growth.

Managing Operations and Supply Chain in Startup Covers the fundamentals of designing efficient operational processes and scalable supply chains for emerging ventures; emphasizes agility, cost optimization, and operational excellence in startup ecosystems.

Product Management Develops capabilities in product lifecycle management, customer-centric design, prioritization, and roadmap planning; learn practical frameworks for building and scaling products that create market value.

Legal Aspects and Intellectual Property for Entrepreneurs Familiarizes participants with the legal foundations of running a business, including contracts, compliance, regulatory frameworks, and intellectual property protection; helps founders mitigate legal risks while safeguarding innovation.

Market Proof - Capstone 2 Focuses on validating business ideas through customer discovery, prototype testing, and market feedback. Participants refine their ventures based on evidence-driven insights and strengthen their commercialization strategies.

Module 3: Leadership & Growth

Leadership and Communication for Entrepreneurs Enhances leadership effectiveness, stakeholder management, negotiation, and communication skills essential for founders and business leaders; prepares participants to inspire teams and influence diverse audiences.

Sustainable Development for Business Explores the integration of sustainability, ESG principles, and responsible business practices into entrepreneurial decision-making; create ventures that generate both economic and societal value.

Internationalizing Business Examines strategies for expanding ventures into global markets, including market entry, cross-border operations, and international growth challenges; equips participants to identify and capitalize on global opportunities.

Founder's Thesis Serves as the culminating academic and practical project of the programme, requiring participants to develop a comprehensive entrepreneurial-focused thesis; synthesizes learning across modules into a research-backed and execution-oriented venture proposal and creates an investment-ready plan.

Campus Immersion 2 Pitch Day and networking events with CXOs, Mentors, and Investors.

Learn from the best

Taught by IIM Mumbai's faculty

Dr. Ruchita Gupta

Chairperson, Post Graduate Program in Entrepreneurship and Innovation Management (PGPEx – EIM), IIM Mumbai

Prof. Ruchita Gupta, PhD, is an accomplished professional with expertise in technology, innovation and project management. She holds a B.E. in Electrical Engineering (Gold Medalist) from Nagpur University, M.Tech in Electronics Engineering from MNNIT Allahabad, and a PhD from SJMSOM, IIT Bombay. With prior industry experience at Hewlett-Packard and Financial Technologies, her research interests span various areas - product and innovation management, entrepreneurship, technology diffusion, forecasting and modelling, project management, and risk analytics. She has published extensively in reputable journals such as Technology Forecasting and Social Change, Decision Sciences, and IEEE Transactions on Engineering Management. She has also authored international book chapters and conducted training for organizations like Marico, L&T, DRDO, and HPCL. She received the Prominence in Technology Management Award from IAMOT, USA, and was conferred the IAMOT Fellowship Award in 2022. Additionally, she currently serves as the VP-Communications of the POMS India Chapter and has been appointed as the Genpact Associate Chair Professorship. She holds a Ph.D. from IIT Bombay and a PGDM from IIM Ahmedabad.

Prof. Vartika Srivastava

Co-Chairperson, Post Graduate Program in Entrepreneurship and Innovation Management (PGPEx – EIM), IIM Mumbai

Prof. Vartika Srivastava is an Associate Professor of Marketing at IIM Mumbai and Chairperson of Career Development Services. Previously, she was at IIT Madras. Her interests include Consumer Behaviour, Marketing Analytics, Brand Management, and Digital Marketing. Her work has been published in various journals and she has led executive education for organizations like USV Pharma and American Express. Before academia, she was a Strategy Consultant at Monitor Deloitte, focusing on growth strategy and innovation. She holds a Ph.D. from IIT Bombay and a PGDM from IIM Ahmedabad.

LEARN FROM INDUSTRY LEADERS

VCs & Mentors

Soumya Kalluri

Founder - Dwij - Upcycled in India

Soumya Kalluri, a TEDx speaker, social entrepreneur, and Mechanical Engineer, founded dwij, an upcycling brand incubated by NSRCEL, IIM Bangalore. Inspired by her work on environmental impact, she promotes circular fashion, sustainability, and women’s empowerment by transforming discarded textiles into eco- conscious products while driving awareness of sustainable practices in India.

Tarun Mishra

Founder and Chief Mentor - Sphere Music Labs

Tarun Mishra, an IIT Bombay alumnus and entrepreneur, has founded and co-founded multiple technology ventures, including Covacsis Technologies, ELL Learning Labs, and Opexas Analytics (Astron-ai). He has expertise in Industrial IoT, Industry 4.0, product strategy, innovation, global scaling, fundraising, M&A, and stakeholder management, and has nurtured 13 entrepreneurs.

Dr. Rashi Gupta

Founder - Vision Mechatronics Pvt. Ltd.

Dr. Rashi Gupta, Founder and Managing Director of Vision Mechatronics Pvt. Ltd., is a pioneer in advanced battery technology, energy storage, and renewable energy. Known as the 'Batterywali of India,' she has received several national and international recognitions for her contributions to CleanTech, sustainability, and women's empowerment, and serves on various energy-sector committees and the UN-CEET.

Bithindra Biswas

Founder and Chief Growth Strategist - Brand Vibe Consulting

With over 20 years of experience, he is a business leader with expertise in P&L management, business turnarounds, revenue growth, and team leadership across diverse industries. He combines hands-on operational expertise with applied AI, advising organisations on AI-led transformation. He is a PhD researcher at IIM Kozhikode, IIM Ahmedabad alumnus, author, and LinkedIn Top Voice 2024.

Anupam Gupta

Jewellery Industry Consultant - Independent Consultant

Anupam Gupta is an Independent Strategy Consultant, Mentor and Trainer with 14+ years of experience in retail and jewellery, including roles with Titan's Tanishq and Mia by Tanishq. He specialises in retail strategy, merchandising, sales and entrepreneurship, and mentors professionals transitioning into entrepreneurship and franchise businesses.

Dr. Satvasheel Powar

Dean (Finance & Accounts) - IIT Mandi

Dr. Satvasheel Powar, Associate Professor at IIT Mandi, is a solar photovoltaics and energy technology expert with 20+ years of global R&D experience. His expertise spans solar-module circularity, life-cycle assessment, agrivoltaics, and scale-up engineering. An Entrepreneurship Trainer, he has also led a startup track at IIT Mandi and holds 33 granted patents.

Amit Kumar Panigrahi

Founder and Managing Partner - Ishavante Venture Strategy

Founder & Managing Partner at Ishavante Venture Strategy, he works with founders, investors, and early-stage ventures to build stronger businesses from inception. His expertise spans opportunity selection, business model design, customer validation, go-to-market strategy, founder readiness, and investor positioning, with a strong focus on startup ecosystems, venture capital, and innovation.

Why Choose This Programme

400+ hours of learning

Expertise across management, entrepreneurship, innovation and venture creation

Incubation access via TEJAS

Mentorship and incubation support through TEJAS, subject to screening and approval

3 capstone projects

Turn an idea into a funded, actionable business plan across three guided stages

IIM Mumbai alumni community

Join the IIM Mumbai alumni network on successful completion

Faculty and industry leaders

Learn from IIM Mumbai faculty alongside founders, investors and practitioners

2 campus immersions

In-person, high-intensity learning on the IIM Mumbai campus

Continue Your Academic Journey

Under NEP 2020's Multiple Entry & Multiple Exit (MEME) framework, eligible participants may pursue lateral entry into the following IIM Mumbai programmes.

* Subject to fulfilment of prescribed academic and administrative requirements.

Learning

Simulations and business games

Case studies and real-world scenarios

Live projects and assignments

Evaluation

Selection Criteria

Marks

CAT / GMAT / GRE / IMAT (IIM Mumbai Entrance Test)

Class - X Marks

Class - XII Marks

Graduation Marks

Relevant Entrepreneurial / Family Business / R&D / Startup Experience

PI (Personal Interview)

Maximum Total Marks

100

Selection Criteria

CAT / GMAT / GRE / IMAT (IIM Mumbai Entrance Test)

Marks

Selection Criteria

Class - X Marks

Marks

Selection Criteria

Class - XII Marks

Marks

Selection Criteria

Graduation Marks

Marks

Selection Criteria

Relevant Entrepreneurial / Family Business / R&D / Startup Experience

Marks

Selection Criteria

PI (Personal Interview)

Marks

Selection Criteria

Maximum Total Marks

Marks

100

Campus Immersion

The program includes two mandatory on-campus immersions at IIM Mumbai, designed to complement online learning with
high-impact, in-person engagement.

Campus Immersion

The program includes two mandatory on-campus immersions at IIM Mumbai, designed to complement online learning with
high-impact, in-person engagement.

Two Campus Immersions

Structured in-person modules integrated within the program (3 days each)

Structured Mentorship

30 hours across 10 sessions with CXOs & Investors (mentor panel revealed before admissions)

Faculty-Led Learning

Case discussions, simulations, and live sessions with IIM Mumbai faculty

Venture Building & Mentorship

Capstone development with guidance from faculty and industry experts

Industry & Peer Network

Interactions with entrepreneurs, investors, and a high-calibre cohort

Campus & Ecosystem Exposure

Access to IIM Mumbai's academic, research, and startup ecosystem

Incubation support through TEJAS - Talent, Empowerment and Journey Advancing Startups

Participants can access mentorship and incubation support from industry experts and VCs, subject to screening and approval.

Note: All travel, accommodation, and boarding expenses for campus immersion are to be borne by the participant.

Who Is This Programme For

Designed for professionals looking to build entrepreneurial thinking, innovation capabilities, and venture creation skills.

Working Professionals

Advance your career by developing strategic and innovative skills.

Aspiring Entrepreneurs

Validate ideas, build ventures, and scale businesses confidently.

Business Leaders & Managers

Drive innovation, lead initiatives, and foster growth.

Family Business Owners

Grow your business with frameworks for innovation and expansion.

Admission Process

Application

• Pay the ₹3,000 application fee (non-refundable)
• Complete the online application form
• Submit Statement of Purpose (SOP) and required documents
• Appear for IMAT or upload CAT / GMAT / GRE score

Evaluation

• Shortlisting for Personal Interview (PI) based on eligibility, SOP, and test performance
• Attend the online Personal Interview

Admission

• Admission offer issued to selected candidates
• Confirm seat via a booking amount of ₹1,00,000
• Complete fee payment

Application

• Pay the ₹3,000 application fee (non-refundable)
• Complete the online application form
• Submit Statement of Purpose (SOP) and required documents
• Appear for IMAT or upload CAT / GMAT / GRE score

Evaluation

• Shortlisting for Personal Interview (PI) based on eligibility, SOP, and test performance
• Attend the online Personal Interview

Admission

• Admission offer issued to selected candidates
• Confirm seat via a booking amount of ₹1,00,000
• Complete fee payment

Eligibility

Educational Qualification

Bachelor's degree with minimum 50% marks or equivalent CGPA, from a UGC-recognised university or institution.
45% for SC, ST and PwD candidates.

Work Experience

Minimum 1 year post-graduation.
Preference given to candidates with startup, family business, R&D, or entrepreneurial experience (supporting documents required).

Test Score

Valid CAT/GMAT/GRE score (taken on or after June 2022)
A qualifying score in the IIM Mumbai Admission Test (IMAT).

Statement of Purpose

Required with application, outlining the candidate's business idea.

Important Dates

Event

Dates

IMAT - IIM Mumbai Admission Test (online) 27 September 2026

Personal Interview (PI) 7-9 October 2026

Tentative Result Declaration 13 October 2026

Seat Booking By 14–23 October 2026

Technical Orientation 14th Jan 2027

Academic Orientation and briefing 15th Jan 2027

Online Class Start 16th Jan 2027

Campus immersion Dates To Be Announced

Fees Structure

Single Instalment Structure

Fee Category

Amount

Application Fee (non refundable)

₹3,000

Seat Booking Amount

₹1,00,000

Instalment

₹5,00,000

Refundable Caution Deposit

₹25,000

Total

₹6,25,000

Two Instalment Structure

Fee Category

Amount

Application Fee (non refundable)

₹3,000

Seat Booking Amount

₹1,00,000

First Instalment

₹2,50,000

Second Instalment

₹2,50,000

Refundable Caution Deposit

₹25,000

Total

₹6,50,000

*Inclusive of all taxes; excludes application fee

Withdrawal & Refund Policy

The ₹25,000 caution deposit is refundable upon successful completion of the programme and graduation, subject to clearance of all dues. In case of withdrawal after commencement, only the caution deposit shall be refundable, in accordance with applicable Institute rules. All other fees paid are non-refundable.

About IIM Mumbai

Indian Institute of Management Mumbai (IIM Mumbai), formerly NITIE, was established in 1963 and is ranked 6th in the NIRF 2025 Management Rankings and has a Centre of Innovation and Incubation that supports entrepreneurship and startups. For the one-year Post Graduate Program in Entrepreneurship and Innovation Management (PGPEx-EIM) the institute brings together a working entrepreneurial ecosystem, deep industry integration and an experiential approach that turns ideas into scalable ventures.

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