Indian Institute of Management Kozhikode (IIMK)

Professional Certificate Programme In Entrepreneurship And New Venture Creation

The 8-month, online program is designed to help aspiring entrepreneurs develop the skills and knowledge necessary to start and grow a successful business. The program covers business model development, financial planning, market research, and more topics and is delivered through a combination of lectures, case studies, and hands-on exercises.

Program Overview

The IIM Kozhikode Professional Certificate Programme in Entrepreneurship and New Venture Creation is an online program designed for aspiring entrepreneurs. It offers flexibility and convenience, allowing participants to complete the course from anywhere in the world. Through lectures, case studies, and hands-on exercises, the program covers essential topics like business model development, financial planning, and market research. Upon completion, participants gain the necessary tools and knowledge to effectively conceptualize, plan, and execute a new venture. They also have access to a network of experienced entrepreneurs and business leaders for ongoing support. The program equips aspiring entrepreneurs with the skills needed to succeed in the business world.

Course Content

  • An Introduction To Entrepreneurship

  • Psychological Aspects of Entrepreneurship

  • The Theory Of Effectuation

  • Entrepreneurial Opportunity Recognition, Evaluation And Action

  • Business Models And Business Model Innovation

  • Creating a Business Plan

  • Protecting Intellectual Property

  • An Overview Of IIMK LIVE

  • Basic Financial Reports - The Balance Sheet, The Income Statement, The Statement Of Cash Flows

  • Measuring And Reporting Financial Position And Financial Performance

  • Cash Flow Analysis

  • Analysing 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: Debt and Equity Financing

  • Marketing Challenges Faced By Entrepreneurs

  • Marketing Strategy for Entrepreneurs

  • Digital And Social Media Marketing

  • Choosing A Form Of Organisation

  • Buying An Existing Business

  • Entrepreneurial Exit Strategy

  • Entrepreneurial Teams, Training And Gender

  • Entrepreneurial Growth

  • Franchising

  • Corporate Entrepreneurship

  • Social Entrepreneurship

  • Entrepreneurial Failure

  • Other Aspects of Entrepreneurship

  • 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 understand the entrepreneurial process well

  • 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

Course Details

Mode of Study

Live Online

Class schedule

Saturdays: 6:45 p.m. – 9:45 p.m. (3 hours per week)

Duration of the Program

8 Months

Who this program is for?

  • Participants who are interested in starting their own venture

  • Graduates from engineering colleges, software engineers, IT professionals who have a good skill set and want to take the start-up route but don’t have much knowledge

  • Working professionals who wish to quit corporate life and become their own bosses

  • Lawyers, artists, photographers, designers, etc., keen on setting up a business

Eligibility Criteria

  • Graduates (10+2+3 or 10+2+4) or Diploma Holders (10+2+3) in any discipline from a recognised university in any stream from any recognised University or Institution (UGC/AICTE/DEC/AIU/State Government) and a desirable work experience* of minimum 1 year as on program start date

  • Fresh Graduates will be considered on case-to-case basis

  • Internships and Training Experiences will not be considered in full time work-experience

  • Good digital literacy is essential

Selection Criteria

The selection will be based on the candidate's profile evaluation, subject to meeting eligibility criteria

Does this program comes with Alumni Status?

No

Important Dates

Application Deadline 25th May 2023
Program Start Date 10th Jun 2023

Fees Details

Program Fees INR 1,75,000

Fees Notes

Note: Taxes will be added as applicable All fees will be collected by BCCL In reference to the refund of the Processing Fee, please note that the fee shall not be refunded in the following circumstances: In case the candidate rejects the offer issued by the Institute; and In case the application is rejected due to submission of incomplete documents, and/or providing incomplete information, and/or eligibility criteria not fulfilled.

Certificate Details

  • 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’.

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

Sample Certificate

Key points about this program.

  • Contextually designed 8-month programme for aspiring entrepreneurs

  • Entrepreneurial Opportunity Recognition, Evaluation, and Action

  • Entrepreneurship Simulation & Business Plan Project Pitch

  • Exclusive Access to IIMK LIVE (Laboratory for Innovation Venturing & Entrepreneurship)

  • Opportunity to connect with other aspiring entrepreneurs and build a network of valuable connections

  • The program is taught by experienced entrepreneurs and business leaders who can provide valuable insights

Apply By: 25th May 2023
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About the Institute

The Indian Institute of Management Kozhikode (IIMK) is a renowned management institute that offers postgraduate, executive, and doctoral programs in management. It was founded in 1997 with the aim of providing students with a strong foundation in business and management theory, as well as practical skills through experiential and case-based learning. IIMK's executive education programs are designed for working professionals. The programs offer courses in various areas, including finance, marketing, strategy, operations, and leadership, and are delivered by experienced faculty members and industry experts. The executive programs provide a mix of online and classroom learning to help participants stay up-to-date with the latest management practices.

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