Postgraduate Diploma Management in Innovation, Entrepreneurship and Venture Development (PGDM IEV)
CIMP Post Graduate Programme in Innovation, Entrepreneurship & Venture Development (IEV) [ Sponsored by Department of Industries, Govt. of Bihar ] is a full time academic programme designed to enhance business capabilities of the participants and prepare them to start their own enterprise. This unique programme offers pre incubation handholding, live product/service development, proof of concept testing (PoC), compliance fulfilment, IPR management and product commercialization under one umbrella. Participants will come up with their own company by the time of completion of their degree.
Incubation Centre
The Startup Incubation Centre (SIC) was started in the year 2017 with the active support of the Department of Industries, Government of Bihar under the name of CIMP Business Incubation and Innovation Foundation (CIMP-BIIF), a Section 8 Company. The incubation centre is empanelled under Startup Bihar Policy 2017. Major thrust areas of the centre include startup projects from Edu-Tech, Fin-Tech, Ad-Tech, E-commerce and Health-Tech Sectors. In the year 2019, centre got listed with Startup India. Incubation centre provides facilities like mentoring, plug and play office, co-working space etc. to start-ups.
Application Form fee of Rs. 1000/- (Rs. 500/- for Scheduled Caste (SC), Scheduled Tribe (ST), and Differently Abled (DA)* candidates) can be deposited through NEFT/RTGS/IMPS in favour of “Chandragupt Institute of Management Patna” Payable at Patna. Details for NEFT/RTGS/IMPS transactions are given below:
Bank A/c name : Chandragupt Institute of Management Patna
Bank A/c No. : 2920000108100915
Bank Name & Address : Punjab National Bank, Mithapur Branch, Patna
IFS Code : PUNB0880500
PGDM-IEV (Post Graduate Diploma in Management, Innovation, Entrepreneurship and Venture Development) course has five Modules, 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. The details are as:
First Year
Tracks/Phase | Modules, Capstone Projects and Action Learning Segments |
|---|---|
Foundation of Management and Entrepreneurship |
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Experiential Learning on Innovation and Start-up Environment |
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Second Year
Tracks/Phase | Modules, Capstone Projects and Action Learning Segments |
|---|---|
Entrepreneurial Skills, Actions and Enterprise Planning |
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Entrepreneurial Practices & Value Creation Action Options |
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Final Exit | Completion of "MBA/PGDM in Innovation, Entrepreneurship and & Venture Development " Degree |
Applicants can download the brochure from above link for more details. You can also Apply Now to start application process.
Education Requirements: Bachelor’s degree in any discipline from a University/ Institution recognized UGC or equivalent bodies with a minimum score of 50%
Eligibility for PGDM-Innovation, Entrepreneurship & Venture Development
- The applicant must have a bachelor’s degree from any University/Institution recognized by the Ministry of Education, Government of India. Those in their final year of graduation and obtaining their certificates of completion by August 31, 2026 may also apply. Candidates with experience in startups, businesses or other relevant work experience will be given preference.
- Valid score in CAT 2025/ XAT 2026/ CMAT 2026/ GMAT/ MAT (Aug 2025 & onwards)/ ATMA 2026/ CUET 2026 (any one or more than one).
Shortlisting will be done on the basis of the candidate’s academic record, work experience and Statement of Purpose outlining their interest in the programme. Shortlisted candidates will be asked to appear for personal interview.
Sponsored by Department of Industries, Govt. of Bihar: For General and OBC Category - 80% of course fees will be borne by BSFT (Bihar Startup Fund Trust) and 20% of course fees will be borne by the students. For SC/ST/Women/Differently Abled/Special Category - 90% of course fees will be borne by BSFT and 10% of course fees will be borne by the students.
CIMP Scholarship to candidates taking admission with CAT/XAT/CMAT/MAT scores
Percentile | CAT / XAT | CMAT / MAT |
|---|---|---|
> 80 | Rs. 1,50,000/- | Rs. 1,00,000/- |
70 - 80 | Rs. 1,00,000/- | Rs. 50,000/- |