CIMP Post Graduate Programme in Innovation, Entrepreneurship & Venture Development (IEV) [ Sponsored by Department of Industries, Govt. of Bihar ] is a full time academic programme designed to enhance business capabilities of the participants and prepare them to start their own enterprise. This unique programme offers pre incubation handholding, live product/service development, proof of concept testing (PoC), compliance fulfilment, IPR management and product commercialization under one umbrella. Participants will come up with their own company by the time of completion of their degree.

Incubation Centre
The Startup Incubation Centre (SIC) was started in the year 2017 with the active support of the Department of Industries, Government of Bihar under the name of CIMP Business Incubation and Innovation Foundation (CIMP-BIIF), a Section 8 Company. The incubation centre is empanelled under Startup Bihar Policy 2017. Major thrust areas of the centre include startup projects from Edu-Tech, Fin-Tech, Ad-Tech, E-commerce and Health-Tech Sectors. In the year 2019, centre got listed with Startup India. Incubation centre provides facilities like mentoring, plug and play office, co-working space etc. to start-ups.

Chandragupt Institute of Management (CIMP) Patna PGDM IEV Curriculum Highlights

PGDM-IEV (Post Graduate Diploma in Management, Innovation, Entrepreneurship and Venture Development) course has five Modules, two Action Learning Segments and three Capstone Projects to enable students to learn to recognize, create and shape a business opportunity, develop leadership and build a start-up team, construct business models, and assess market feasibility for launching new start-ups. The details are as:

First Year

Tracks/Phase	Modules, Capstone Projects and Action Learning Segments
Foundation of Management and Entrepreneurship	Module-I: Innovation and Entrepreneurship Opportunities Module-II: Creative & Entrepreneurial Learning and Skills for Value Creation Module-III: Designing Sustaining and Scalable Enterprising Model Capstone Project-I: Problem-Solution Fit (Proof-of-Concept) Capstone Project-II: Market-Product Fit (Innovation & Business Model)
Experiential Learning on Innovation and Start-up Environment	Action Learning Segment-I: Enterprise Residency Learning Program at Incubation Unit/Acceleration Centre /Start-up/SME/Knowledge Agency

Tracks/Phase

Modules, Capstone Projects and Action Learning Segments

Foundation of Management and Entrepreneurship

Module-I: Innovation and Entrepreneurship Opportunities
Module-II: Creative & Entrepreneurial Learning and Skills for Value Creation
Module-III: Designing Sustaining and Scalable Enterprising Model

Capstone Project-I: Problem-Solution Fit (Proof-of-Concept)
Capstone Project-II: Market-Product Fit (Innovation & Business Model)

Experiential Learning on Innovation and Start-up Environment

Action Learning Segment-I:
- Enterprise Residency Learning Program at Incubation Unit/Acceleration Centre /Start-up/SME/Knowledge Agency

Second Year

Tracks/Phase	Modules, Capstone Projects and Action Learning Segments
Entrepreneurial Skills, Actions and Enterprise Planning	Module-IV: Creating, Managing and Growing New Venture/SME/Family/Social Enterprise. Module-V: Planning and Effective Management of Innovation, Incubation and Technology Transfer Facilities. Module-VI: Innovation and Entrepreneurship Policy Implementation and Policy Entrepreneurship. Capstone Project-III: Business Model Fit (Enterprise Planning)
Entrepreneurial Practices & Value Creation Action Options	Action Learning Segment-II: (Any One) Start-up/Venture Establishment & Performance Social /Development Sector Enterprise Management Innovation, Incubation & Technology Transfer Facility Management & Performance Innovation, Startup & IP Policy Analysis, Design & Implementation Family Enterprise Development & Management
Final Exit	Completion of "MBA/PGDM in Innovation, Entrepreneurship and & Venture Development " Degree

Chandragupt Institute of Management (CIMP) Patna PGDM IEV Eligibility Criteria

🎓 Education Requirements

Bachelor's Degree With At Least 50% Marks Or Equivalent CGPA

💼 Work Experience

Not specified

📝 Exam Accepted

CAT, XAT, CMAT, GMAT, MAT, ATMA

📋 Detailed Eligibility Criteria

Education Requirements: Bachelor’s degree in any discipline from a University/ Institution recognized UGC or equivalent bodies with a minimum score of 50%

Eligibility for PGDM-Innovation, Entrepreneurship & Venture Development

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 August 31, 2026 may also apply. Candidates with experience in startups, businesses or other relevant work experience will be given preference.
Valid score in CAT 2025/ XAT 2026/ CMAT 2026/ GMAT/ MAT (Aug 2025 & onwards)/ ATMA 2026/ CUET 2026 (any one or more than one).

Chandragupt Institute of Management (CIMP) Patna PGDM IEV Fees

Fee Structure

Detailed breakdown of program fees

Fee Component	Amount	Currency
Tuition Fee	₹6.25L	INR
Total Program Fee	₹6.25L	INR

Note: Fees are subject to change. Please verify with the institution for the most current fee structure.

Chandragupt Institute of Management (CIMP) Patna PGDM IEV Scholarships

Sponsored by Department of Industries, Govt. of Bihar: For General and OBC Category - 80% of course fees will be borne by BSFT (Bihar Startup Fund Trust) and 20% of course fees will be borne by the students. For SC/ST/Women/Differently Abled/Special Category - 90% of course fees will be borne by BSFT and 10% of course fees will be borne by the students.

CIMP Scholarship to candidates taking admission with CAT/XAT/CMAT/MAT scores

Percentile	CAT / XAT	CMAT / MAT
> 80	Rs. 1,50,000/-	Rs. 1,00,000/-
70 - 80	Rs. 1,00,000/-	Rs. 50,000/-

Chandragupt Institute of Management (CIMP) Patna PGDM IEV Cut off

Cut-Off Requirements

Minimum scores required for admission

Exam	Score Type	Required Score
CAT	Percentile	50
XAT	Percentile	50
CMAT	Percentile	60
MAT	Percentile	60
GMAT	Score	400
ATMA	Percentile	60

Note: Cut-off scores may vary each year based on applicant pool and program demand.

Chandragupt Institute of Management (CIMP) Patna PGDM IEV Admission Process

Application Form fee of Rs. 1000/- (Rs. 500/- for Scheduled Caste (SC), Scheduled Tribe (ST), and Differently Abled (DA)* candidates) can be deposited through NEFT/RTGS/IMPS in favour of “Chandragupt Institute of Management Patna” Payable at Patna. Details for NEFT/RTGS/IMPS transactions are given below:

Bank A/c name : Chandragupt Institute of Management Patna

Bank A/c No. : 2920000108100915

Bank Name & Address : Punjab National Bank, Mithapur Branch, Patna

IFS Code : PUNB0880500

Chandragupt Institute of Management (CIMP) Patna PGDM IEVHow to Apply

Applicants can download the brochure from above link for more details. You can also Apply Now to start application process.

Selection Process

Shortlisting will be done on the basis of the candidate’s academic record, work experience and Statement of Purpose outlining their interest in the programme. Shortlisted candidates will be asked to appear for personal interview.