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Post Graduate Program for Executives in

Entrepreneurship and Innovation Management

From IIM Mumbai

Duration 1 year
Mode Online with Campus Immersion
Schedule Friday evenings + Weekends
IIM Mumbai Alumni Status

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 and scale or innovate with startup, family business or corporate environments, just 400 hours across a year — built for founders who can't step away from their business.

Message from the Programme Chairperson

Dr. Ruchita Gupta

Dr. Ruchita Gupta

Program Chairperson, PGPEx in Entrepreneurship and Innovation Management
Faculty Member at IIM Mumbai

At IIM Mumbai, we believe entrepreneurship is not just about building ventures it is about shaping the future of industries and economies. The PGPEx in Entrepreneurship and Innovation Management has been designed to equip professionals with the strategic thinking, technological orientation, and execution capabilities required to lead in today’s dynamic business landscape. This program integrates rigorous management education with experiential learning enabling participants to move from idea to execution through structured mentorship, real world projects, and deep industry engagement.
With a strong focus on innovation, digital transformation, and venture creation, participants are empowered to become effective entrepreneurs, intrapreneurs, and investors. Aligned with the vision of India’s evolving entrepreneurial ecosystem and the objectives of the National Education Policy, the program fosters a multidisciplinary approach blending business fundamentals with emerging technologies and creative problem solving. We look forward to nurturing the next generation of leaders who will build scalable, impactful, and globally competitive enterprises.

Programme Objectives

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Build a strong entrepreneurial mindset

Design innovative and disruptive business models

Develop leadership and decision-making capability

Enable startup creation and venture growth

Integrate technical, managerial, and creative thinking

Support participants through end-to-end entrepreneurial journey

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

12

Electives

4

Capstone Projects

3

Campus Immersion

2 Immersions (3 days each)

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.

Learning and Evaluation

Simulations and business games

Case studies and real-world scenarios

Live projects and assignments

Group discussions and presentations

Learning environment
Evaluation & Attendance
Evaluation Component
Continuous Evaluation
(Assignments, quizzes, case studies, class participation, presentations )
Weightage Grading
40%
Evaluation Component
Mid-Term Examination
Weightage Grading
20%
Evaluation Component
Module-End Examination
Weightage Grading
40%

Attendance Policy

  • • Attendance is closely linked to academic performance and final grading, as per institute norms
  • • Minimum 85% attendance mandatory
  • • Up to 15% leave permitted
  • • Up to 10% addintional leave allowed only for valid medical reasons (with documentation)
Attendance Criteria
Attendance ≥ 85%
Policy / Outcome
No penalty
Attendance Criteria
Attendance ≥ 75% and < 85%
Policy / Outcome
Downgrading by one grade from the actual grade obtained
Attendance Criteria
Attendance ≥ 60% and < 75%
Policy / Outcome
Downgrading by two grades from the actual grade obtained
Attendance Criteria
Attendance ≥ 50% and < 60%
Policy / Outcome
Only Pass grade obtained
Attendance Criteria
Attendance < 50%
Policy / Outcome
F-Grade and debarred from the examination

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

Two Campus Immersions

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

1-Week Total Duration

Intensive on-campus engagement across both immersions

Structured Mentorship

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

Incubation Support

Selected participants get exclusive access to IIM Mumbai incubation centre – 6 months post-programme support

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

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

Admission Process

1

Application

  • Application fee: ₹2,500
  • Submit contact details and eligibility documents
  • Submit Statement of Purpose (SOP)
2

Evaluation

  • Appear for IMAT or submit valid CAT / GMAT / GRE score
  • Personal Interview (PI) after shortlisting
  • Acceptance letter issued to successful candidates
3

Admission

  • Deposit seat booking amount
  • Deposit first instalment
  • Classes commence 15th January 2027

Eligibility

Educational Qualification

Bachelor’s degree with Minimum 50% (45% for SC, ST and PwD categories)

Work Experience

Minimum 1 year work experience

Preferred Candidates

  • Aspiring & Early-Stage Founders focused on building scalable, high-impact ventures
  • Business Owners and Family Business Owners looking to drive strategic growth and take their businesses to the next level
  • Intrapreneurs driving strategic growth and transformation within organisations

Important Dates

Event
Dates
IMAT - IIM Mumbai Admission Test (online) 11th Oct 2026
Merit List Based on IMAT/GRE/GMAT/CAT 14th Oct 2026
Personal Interview (PI) 17,18th Oct 2026
Final Result Declaration 26th Oct 2026
First Instalment 9th Nov 2026
Session Starts 15th Jan 2027

Fees Structure

Single Instalment Structure

Fee Category
Amount
Application Fee (non refundable)
₹2,500
Seat Booking Amount
₹1,00,000
Remaining Program Fee
₹5,00,000
Total
₹6,00,000  

Two Instalment Structure

Fee Category
Amount
Application Fee (non refundable)
₹2,500
Seat Booking Amount
₹1,00,000
First Instalment
₹2,50,000
Second Instalment
₹2,50,000
Total
₹6,00,000   

*Inclusive of all taxes excludes refundable caution deposit and application fee

Withdrawal & Refund Policy

If a candidate withdraws their admission at any stage, the refund will be processed in accordance with the applicable guidelines. Withdrawal requests must be submitted in writing or via email to execed@iimmumbai.ac.in

Withdrawal Stage Timing of Withdrawal Refund Amount
After paying the 1 lakh Seat Securing Fee Before the commencement of sessions Paid amount minus ₹1,000
After the commencement of sessions No refund
After partial/full payment of remaining academic fees After the commencement of sessions No refund
(only caution money refunded)

*₹25,000 Caution Money is not included in the total programme fee. Any eligible refund will be calculated proportionately based on the fee paid.

About IIM Mumbai

Indian Institute of Management Mumbai (formerly NITIE), established in 1963, is a premier management institution, ranked 6th in India (NIRF 2025), known for its strong techno managerial focus and academic rigour. For the PGPEx in Entrepreneurship and Innovation Management, the institute offers a robust entrepreneurial ecosystem, industry integration, and experiential learning approach, enabling participants to translate ideas into scalable ventures. Backed by faculty expertise and real world engagement, IIM Mumbai provides a platform to drive innovation, build ventures, and lead in dynamic business environments.