Post Graduate Diploma in Management

(Innovation, Entrepreneurship & Venture Creation)

It is a two year full time AICTE approved course in entrepreneurship by XLRI which offers structured long-term support for aspiring entrepreneurs by combining management education with incubation/acceleration.

  • Academic Session
    1st week of July, 2023
  • Application Deadline
    15th April, 2023
Admission Open
XLRI Network
Learning Materials
Strong Industry Exposure
Tech Credits
About the Program

Post Graduate Diploma in Management
(Innovation, Entrepreneurship & Venture Creation)

It is a two year full time AICTE approved course in entrepreneurship by XLRI which offers structured long-term support for aspiring entrepreneurs by combining management education with incubation/acceleration. Postgraduate diploma management in Innovation, Entrepreneurship, and Venture Creation (PGDMIEV) is designed to empower students to think creatively and critically about identifying and solving problems, and to equip them with the skills and knowledge to turn their ideas into successful ventures. The program aims to foster an entrepreneurial mindset in students through a combination of theoretical and practical coursework, hands-on projects and internships, along with opportunities to network with industry professionals and successful entrepreneurs.

Furthermore, the program is designed to develop the following skills and knowledge in the students:

Entrepreneurial process
Understanding of the entrepreneurial process and the nuances of the various stages of venture creation, from ideation to scaling.
Nurturing creativity
Nurturing creativity, innovation & problem-solving skills through various exercises, case studies & internships.
Ambiguous situations
Developing the ability to think strategically and take better decisions in ambiguous situations, as well as to be resilient in the face of failure.
Startup growth
Leadership and management skills necessary to build and lead effective teams, in order to manage & grow a startup.
Pitch funding
The ability to pitch the business idea effectively and raise funds.
Experiential Emphasis
The program also places a heavy emphasis on experiential learning to gain practical knowledge and skills that can be immediately applied in real-world situations, develop critical thinking & to create a deeper understanding by relating it to personal experiences and interests.

In essence, the program provides students with the skills, analytical tools, perspectives, and experiences that prepare them for careers as autonomous entrepreneurs, family-business entrepreneurs, or entrepreneurs in corporate settings.

All aspiring entrepreneurs desirous of starting a venture soon are encouraged to apply. This programme will be especially useful for:

  • Those who have just finished graduation and wish to acquire a knowledge of business before starting their own enterprise.
  • Students who wish to go for business education at a high-quality institute realize that a usual MBA/PGDM is designed more for those who wish to take up a job, rather for those who aspire to start their own business.
  • The younger generation of family businesses who wish to strengthen and carry forward the business, and at the same time, wish to take it in a direction that capitalizes on current trends and technological advances.
  • Working professionals at the early stage of their career, who wish to start their own venture but realize that there needs to be sufficient groundwork to enhance their chances of success at their proposed venture.

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 October 31. 2023 may also apply. Candidates with experience in startups, businesses or other relevant work experience will be given preference.

Candidates can apply online by visiting - Shortlisting will be on the basis of the candidates academic record, work experience and Statement of Purpose outlining their interest in the programme. Shortlisted candidates will be asked to appear for an interview. Selected candidates will be intimated by email and postal mail. Shortlisting and admissions will happen on a rolling basis fortnightly. Since selection is made on a rolling basis, candidates are encouraged to apply early as there are limited seats.

Application deadline 15th April, 2023
Interview Schedule From 15th April, 2023
Last Date For Application 15th April, 2023
Academic Session Begins 1st Week of July, 2023

Tuition fees payable for the two-year PGDM Entrepreneurship, Innovation and Venture Creation will be approximately Rs 7.5 Lakh per annum and it will be paid in three installments every year. Additional charges include for hostel and mess.

Year Installment I Installment II Installment III
Year 1 2.5 Lakhs 2.5 Lakhs 2.5 Lakhs
Year 2 2.5 Lakhs 2.5 Lakhs 2.5 Lakhs
Two Tracks of the Program

Startup Track

For those who wish to start a new venture from scratch.

Family Business Track

For those who wish to continue in their family business, strengthen it and take in exciting new directions.

Post Graduate Diploma in Management (Innovation, Entrepreneurship & Venture Creation)

Alumni Benefits

Students of this Post Graduate Diploma in Management (Innovation, Entrepreneurship & Venture Creation) program
enjoy lifetime alumni benefits of XLRI

  • Alumni will also have access to the Job Portal to post jobs or apply for vacancies posted on the alumni forum.
  • Access to the XLRI Alumni directory on the alumni portal.
  • Access to the discussion forums and the built in message board to connect and network with alumni.
  • Participate in the mentorship program on the portal and depending on age and experience can be a mentor or a mentee.
  • Access to register with the respective Chapters across the country and abroad where they are located.
  • Get to be a part of the Chapter Social Media Groups on Whatsapp / Signal / Facebook / Linkedin and the exclusive XLr app.
  • Attend the Annual Homecoming & Distinguished Alumni awards which is hosted at XLRI.
  • Invites for Summer Meets at various cities and also for chapters specific programmes events.
  • Alumni will also receive monthly alumni e-newsletter XLConnect keeping them posted of alumni events, activities and news.
XCEED Partnerships

XCEED supports the development of early-stage startup companies led by XLRI students, alumni, and faculty. Our incubator offers a comprehensive set of resources and services designed to assist entrepreneurs in turning their ideas into successful businesses. We understand that starting a company can be a difficult and uncertain journey, which is why we strive to create a supportive and collaborative environment that fosters innovation and growth.

Startups incubated at XCEED can avail of the following:


Our incubator features modern and well-equipped office space that allows entrepreneurs to collaborate and work efficiently.


Entrepreneurs will have access to experienced mentors who have a wealth of knowledge and expertise in various industries. These mentors will provide guidance, feedback and advice that will help startups navigate the early stages of business development.


Networking events and workshops are held on a regular basis to connect entrepreneurs with potential partners, investors, and industry experts.


Our incubator hosts workshops and seminars from entrepreneurs & industry leaders on a variety of topics such as marketing, finance, legal issues, and so on, as well as other customized courses relevant for the startups incubated at XCEED.


We help startups access funding by providing information on grants, loans, and investment opportunities.

We believe that success is a combination of passion, hard work, and support. We are committed to assisting entrepreneurs in their endeavors and believe that our program will provide a valuable experience for all. We look forward to working with you & seeing your startup grow & succeed.

If you have an idea and are ready to take the next step, Apply Now to our program and join our community of innovative entrepreneurs.

Our Partnerships
xceed Partner
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xceed Partner
xceed Partner
xceed Partner
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xceed Partner
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xceed Partner
xceed Partner
xceed Partner
xceed Partner
xceed Partner
xceed Partner
xceed Partner
xceed Partner
xceed Partner
xceed Partner
xceed Partner
xceed Partner
Program Director

Dr Rajeev Roy is an entrepreneurship educator, startup mentor, entrepreneur and investor. He has been involved in entrepreneurship development in 14 countries across five continents. He has trained over 1000 entrepreneurs and over 300 entrepreneurship educators.

Contact Details

For program related queries, contact

Mr. Rahul - +91 9931687849

XCEED Department - / 01251-27-1229

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Need to Know

Frequently Asked Questions.

XLRI IEV employs a dynamic, hands-on approach in which no two days are identical. Students should anticipate two to three 120-minute lessons per day, five days per week. Students also engage in group projects, career counselling meetings, industry practicums, and extracurricular activities throughout the week.
No. You may apply without giving XAT. However, those who have given XAT need not pay additional application fees
No. This is a full-time offline programme, which will be fully residential. In case there are government regulations related to COVID and we are unable to get students on campus, it may be conducted online.
The certificate will be issued by XLRI Jamshedpur
It is a programme for those who wish to start an enterprise. It is highly encouraged that you start one while in the programme, but it is not compulsory.
Yes. This programme also has a ‘Family Business’ Track, specifically for those who come from family businesses.
As part of the Alumni community of XLRI, you will be part of one of India’s strongest alumni networks and will receive invites to exclusive events, meets and conferences. During the course of the programme, you will cross paths with several industry experts, entrepreneurs, angel investors and others. You will also be taking part in events, demo days and meetups where you will find opportunities to expand your professional networks.
The curriculum is based on the regular PGDM curriculum for business management but has been contextualized for startups. The core courses will cover all aspects of business fundamentals needed to run a business, and electives will help you focus on your specific learning needs. A large part of the course is designed around experiential learning, where you get an opportunity to validate and internalize your learning by applying it in the real world.

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At XLRI, you'll step into a world of entrepreneurship: from cutting-edge concepts and curriculum to all the resources of XCEED, the incubator at XLRI.