IIM Lucknow first to launch full-time MBA in entrepreneurship, innovation

The last date to apply for MBA in entrepreneurship and innovation at IIM Lucknow is June 30, 2023. Interested candidates can apply using the link - https://www.iiml.ac.in/admissions. 

Indian Institute of Management (IIM) Lucknow is launching a full-time 16-month MBA program in entrepreneurship and innovation beginning August 2023.  

The program will be the first of its kind offered by any IIM and will aim to provide students with the necessary knowledge and skills to become successful entrepreneurs and innovators. The last date to apply for MBA in entrepreneurship and innovation at IIM Lucknow is June 30, 2023. Interested candidates can apply using the link - https://www.iiml.ac.in/admissions. 

The MBA in entrepreneurship and innovation program is looking for candidates who have a strong desire to create their own venture to solve a significant problem. Ideal candidates should have enthusiasm, passion, and the drive to initiate their own venture, as well as academic knowledge, problem-solving abilities, and critical thinking skills to implement their idea. Additionally, candidates should possess communication skills and a practical mindset to execute their plan. 

The MBA in entrepreneurship and innovation program curriculum is based on a philosophy and pedagogy of entrepreneurial knowledge and skills (50 per cent) and industry inputs, immersion, and mentorship (50 per cent). Multi-disciplinary courses will cover all areas of management and allied fields, with content and materials relevant to start-up ventures. 

The program will offer mentorship opportunities with IIM Lucknow's pool of over 500 entrepreneur alumni. Students will receive guidance in business plan preparation, working with venture capitalists to refine it, obtain funding, and prepare for launch. The program will provide options for gaining international entrepreneurial experience through visiting partner institutions abroad or working with IIML’s two incubators or partner incubator. 

Eligibility criteria 

To be eligible for admission to the MBA in entrepreneurship and innovation program, candidates must have a bachelor's degree or equivalent in any discipline as per the requirements of eligibility of Common Admission Test (CAT) conducted by IIMs. Candidates must also have a valid CAT 2022 score or valid GMAT score of the GMAT  

Prof Archana Shukla, Director, IIM Lucknow, said, “IIM Lucknow has developed an entrepreneurial ecosystem with our two successful incubators. The MBA – E & I program leverages and strengthens the ecosystem. The program is unique as we bring in admission and curriculum philosophy that is based on skills development and aims at unleashing the entrepreneurial spirit.” 

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