MBA in Innovation, Entrepreneurship & Venture Development2021-02-19T15:58:03+00:00

MBA in Innovation, Entrepreneurship & Venture Development

An initiative of AICTE Start-up Policy Implementation Unit and MHRD’s Innovation Cell (Government of India)

A unique program approved by AICTE to only 15 institutions in India. Vel Tech is one among them.

Jointly offered by Department of Management Studies & Vel Tech Technology Business Incubator (

We are proud to announce admissions open for a very unique and special program called MBA IEV. The program aims at facilitating budding innovators and aspiring entrepreneurs to give shape to their ideas, convert them into viable products & services, and raise their own start-ups and in future build & grow them into successful & sustainable ventures.

This two-year program has been conceptualized and designed with serious, deep, wide and valuable insights, and collaborative inputs from experts (from industry, academia, government), and further co-created with the partnering institutions based on their collective wisdom. This two year full-time program has been developed to accommodate a fine blend of knowledge and application, and carries a greater practical component with major portion of the program curriculum delivered (around 60% of the credits earned) beyond the classroom through experiential learning, simulations, skill & competency development modules, guided projects alias capstone projects, action learning segments, residency programs at start-up or incubation facility, etc.

The program will help students identify, recognize, manage and grow their entrepreneurial talent and take them through a progressive journey along various tracks from the Foundation of Management & Entrepreneurship Track to Entrepreneurship Intensity Track, and from Start-up Experiential Learning Track to Start-up Establishment Track, and along with three Capstone
projects (under guidance of mentor experts). The experts/mentors will guide and hand-hold students from understanding of the basics of business, management, and entrepreneurship, acquiring the necessary skills, to refining the idea into proof of concept, to further building & testing the prototype, and subsequently developing the final product offering or process into a desirable commercial model or an enterprise.

This program beautifully integrates the benefits of all the three different paths that students normally chose between i.e. pursuing a Master’s degree or gaining some Practical on-the-job Experience or trying Entrepreneurship. This program actually aims at shortening or even eliminating the gestation period between degree and self-enterprise. This is a lifetime opportunity for students to transform their entrepreneurial dream into reality. So, why be a job seeker, when you can be a job creator.

Eligibility: Graduation in any discipline with minimum 50% marks

Selection and Admission Process:The Selection process involves a screening round (Presentation/Discussion round/Personal Interview).

Candidate interested in joining this program at Vel Tech (Deemed to be University), shall enquire/apply here:

Apply Now

Download Brochure

The weightage for Selection is based on following criterion:

  • Previous experience and Achievement in the area of Innovation, IPR or Start-up
  • Statement of Purpose or letter of recommendation or Innovative Idea
  • Presentation cum Personal Interview (mandatory).

Come and transform your entrepreneurial dream into reality.

For further details regarding the MBA IEV Program at Vel Tech (Deemed to be University), you may contact:

Program ConvenerHOD MBADean, Industry relations and TBI
Professor-School of Management,
Prof.Dr.B.Jeyaprabha,Dr. P. Chandrakumar
Vel Tech Technology Business Incubator
Mobile +91 9600040254
Vel Tech Rangarajan Dr.Sagunthala R&D Institute of Science and Technology,
Mobile : +91 9994919597
Veltech Rangarajan Dr.Sagunthala R&D Institute of Science and Technology,
+91 9566059404