Empowering Entrepreneurs: The Nitte MBA-IEV Program

Empowering Entrepreneurs: The Nitte MBA-IEV Program

Mangalore Today News Network

Mangaluru, July 30, 2024: An MBA is often viewed as a prestigious qualification, with graduates frequently securing attractive salary packages. This advanced degree provides a strong foundation in business principles, complemented by practical experience that equips graduates to apply their skills effectively across various industries, especially when launching new ventures. Among the innovative programs available, the Nitte MBA in Innovation, Entrepreneurship, & Venture Creation, offered by Nitte University, stands out as a pioneering approach to management education.

The curriculum of the Nitte MBA-IEV program is meticulously designed to equip students with the essential skills needed for creating innovation-driven enterprises or excelling in leadership roles within family-run businesses. The program integrates experiential learning, internships, and specialized modules like Executive Development Programs (EDPs) and Management Development Programs (MDPs), providing participants with the critical tools, insights, and experiences necessary for success in both entrepreneurship and family business leadership.

The Nitte MBA-IEV program features several key components aimed at fostering entrepreneurial success. It offers elective courses that provide hands-on training in vital management tools, techniques and IT applications pertinent to innovation and start-ups. Students benefit from interdisciplinary courses that broaden their knowledge across multiple fields, enhancing their overall educational experience. The program includes experiential learning opportunities through three capstone projects, which guide participants from idea generation to prototype development and the formulation of a basic business plan. Furthermore, action learning initiatives through internships present real-world challenges, supplemented by funding for innovative solutions sourced from the corporate sector. Participants have the opportunity to earn skill certifications by engaging in workshops and competitions, reflecting their dedication to continuous professional development. Additionally, the program provides financial support of up to Rs 50 lakhs for viable business ideas through the Seed Fund Assistance Scheme (SISF), facilitating the launch of new ventures. Overall, the Nitte MBA-IEV program offers a comprehensive platform for aspiring entrepreneurs and family business leaders to develop their skills and achieve their business goals.

The Nitte University Common Admission Test (NUCAT) 2024 will be held on 20th August, 2024 for the purpose of determining the eligibility/merit, for admission to the 2-year full-time MBA IEV program at Justice KS Hegde Institute of Management in association with AIC Nitte Incubation Centre.  The last date for registration is 15th August, 2024. Interested candidates can submit their enquiry on apply.nitte.edu.in