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Course Starts
15th June, 2024

Duration
08 Months

Course Fees
₹1,75,000 + GST

Programme Overview

The Entrepreneurship and New Venture Creation programme introduces participants to theory & practical implementation of entrepreneurship, focusing on economic and social value creation. It covers entrepreneurial stages, theoretical exploration, case studies, and interdisciplinary sessions in law, HR, operations, and IT. The program explores starting new ventures, buying existing businesses, and franchising, discussing merits and demerits. Participants will engage in web-based simulations, developing skills in company inception, resource mobilization, and decision-making across HR, marketing, and operations.

Class Schedule

Saturdays
Session: 06:45 P.M. – 09:45 P.M.

Exclusive Access to Startup Incubator

IIMK LIVE, the Innovation and Entrepreneurship Centre at IIM Kozhikode, marks 5 years of nurturing innovation and entrepreneurship. Striving to be a premier incubator, it transforms innovative concepts into impactful ventures, with 89 startups incubated, a 40% success rate, ₹37 crore raised, and ₹50 crore in revenue generated

The Incubation Program at LIVE will:

  • Provide assistance to startups
  • Aid in identifying the product-market fit
  • Assist in securing funding
  • Support startups in generating their own revenues
  • Access this incubator during the course and attend conferences, have personal interaction with faculty & experts.
  • Get mentorship & guidance from business management experts at IIM Kozhikode
  • Access to word-class co-working space & vibrant entrepreneurship ecosystem of IIMK LIVE

Highlights

Exclusive Access to IIM Kozhikode LIVE (Laboratory for Innovation Venturing and Entrepreneurship)

Contextually designed 8 months programme for aspiring entrepreneurs

Entrepreneurship Simulation and Business Plan Project Pitch

Entrepreneurial Opportunity Recognition, Evaluation, and Action

Learning Outcomes

At the end of the programme, successful participants will be able to:

Curriculum

Module 1: An Overview Of Entrepreneurship (6 Hours)

  • An Introduction to Entrepreneurship
  • Psychological Aspects of Entrepreneurship
  • The Theory of Effectuation

Module 2: Deep Diving Into The Entrepreneurial Process (15 Hours)

  • Entrepreneurial Opportunity Recognition, Evaluation and Action
  • Business Models and Business Model Innovation
  • Protecting Intellectual Property
  • An overview of IIMK LIVE

Module 3: Accounting And Finance For Entrepreneurs (24 Hours)

  • Basic financial reports
  • The balance sheets
  • The income statements
  • The statement of cash flows
  • Measuring and Reporting Financial Position and Financial Performance
  • Cash Flow Analysis
  • Analyzing and Interpreting Financial Statements
  • Creating projected financial statements
  • An overview of Management Accounting
  • Making Capital Investment Decisions
  • Managing Working Capital
  • Valuing an Existing Business

Module 4: Equity Financing (6 Hours)

Module 5: Entrepreneurial Marketing (6 Hours)

  • Marketing Challenges Faced By Entrepreneurs
  • Marketing Strategy for Entrepreneurs
  • Digital And Social Media Marketing

Module 6: Choosing a form of Organisation, Buying and Existing Business, Entrepreneurial Exit (9 Hours)

  • Choosing A Form Of Organisation
  • Buying An Existing Business
  • Entrepreneurial Exit Strategy

Module 7:Entrepreneurial Teams, Entrepreneurial Growth, Franchising, Corporate Entrepreneurship (6 Hours)

  • Entrepreneurial Teams, Training and Gender
  • Entrepreneurial Growth
  • Franchising
  • Corporate Entrepreneurship

Module 8: Social Entrepreneurship, Entrepreneurial Failure, Other Aspects of Entrepreneurship (6 Hours)

  • Social Entrepreneurship
  • Entrepreneurial Failure
  • Other Aspects of Entrepreneurship

Module 9: Entrepreneurship Simulation (18 Hours)

  • The whole batch will be divided into simulation teams and each team will run a company. The teams will compete against each other in the simulation, and they will make critical entrepreneurial decisions. This experience will enable them to gain a good understanding of the entrepreneurial process.

Module 10: Business Plan Project Presentations (9 Hours)

  • Each team is required to develop a business plan based on a business idea they have identified. During this session, the teams will present their business plans. The faculty members will provide feedback to the teams.
Certification
  • Participants who successfully meet the evaluation criteria and satisfy the requisite attendance criteria, will be awarded a ‘Certificate of Completion’.
  • Participants who are unable to clear the evaluation criteria but have the requisite attendance will be awarded a ‘Certificate of Participation’.

Note: *All certificate images are for illustrative purposes only and may be subject to change at the discretion of IIM Kozhikode.

Past learners came from

Note: All product and company names are trademarks or registered trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Past Learners from Diverse Industries & Profiles

Top Industries

  • Information Technology
  • Pharmaceuticals
  • Education Management
  • Financial Services
  • Hospital Health Care
  • Oil Energy Solar Greentech
  • Construction
  • Architecture Planning
  • Electrical Electronic Manufacturing
  • Retail Industry
  • Marketing Advertising Sales
  • Mining Metals

Top Job Profiles

  • Founders
  • CEOs
  • Senior Managers
  • Business Analysts
  • CXOs
  • Engineer
  • Data Analyst
  • Talent Acquisition
  • Senior Executive
  • Architect
  • Chief-Editor
  • Admin

Eligibility

Work Experience:
Minimum 1 years.

Academic Qualifications:
Applicants, including fresh graduates, holding degrees or diplomas from recognized universities/institutions. (UGC/AICTE/DEC/AIU/State Government) in any discipline (10+2+3 or 10+2+4 for graduates, and 10+2+3 for diploma holders) will be considered.

Programme Director

Prof. Dr. M.K. Nandakumar
Professor, Indian Institute of Management Kozhikode (IIMK)

Dr. M.K. Nandakumar is a Professor at the Indian Institute of Management Kozhikode (IIMK). He is an Associate Editor of three top management journals: Business Ethics, the Environment and Responsibility (BEER), Management Decision, and the Journal of Small Business and Enterprise Development. He is an editorial board member of the Journal of International Management, a member of the Peer Review College of the British Academy of Management (BAM), and the Co-Track Chair of the Strategy as Practice Track of the BAM. Read More >

His papers have been published in leading journals such as R&D Management, Journal of International Management, Journal of Business Research, Long Range Planning, Asia Pacific Journal of Management, International Studies of Management and Organisation, Management Decision, and more.

Dr. Nandakumar has trained thousands of managers and executives from leading organisations during his executive development programmes. His flagship management programme entitled Professional Certificate Programme in Advanced Strategic Management, attracts many managers every year. He has supervised many Ph.D. students to successful completion. He teaches many courses at the MBA and Doctoral levels and also on the Executive Education Programmes. He has successfully led the Association of MBAs (AMBA) accreditation project at IIM Kozhikode.

Testimonials

I stumbled upon this course. Experienced how a real time business works, learned to plan and pitch, thanks to the expert professor and supportive peers.”

Shilpa Kasireddy
Successful learner – IIMK ENVC Batch 01

I found the course incredibly valuable. It provided comprehensive insights, practical exercises, and sessions from industry experts, making it an essential resource for aspiring entrepreneurs. I highly recommend it to individuals eager to embark on their entrepreneurial journey.”

Dr. K Raman
General Manager
Godrej Agrovet Ltd
Successful learner – IIMK ENVC Batch 02

"I found the course content to be excellent for gaining a deep understanding of various aspects of entrepreneurship. With its extensive coverage of topics and top-notch instructors, it provided me with a comprehensive learning experience."

Sunil Sampannavar
SRIB
Staff Engineer
Successful learner – IIMK ENVC Batch 03

“Excellent course! I urge all who want to start their own venture to get this certification.”

Dr. Karunamoorthy Neethimani
Founder and MD
Windplus Private Limited
Successful learner – IIMK ENVC Batch 03