Great Lakes PGPM & PGDM 2025
ApplyAdmissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
India’s youth is not just competitive but also a highly ambitious workforce. While decades ago the professional dreams would be to have an engineering or a medical degree, today the aspirations of a young Indian entering the job market is that of being an entrepreneur. Entrepreneurship is the new passion and while some have family inheritance to pursue this passion, others start-up on their own.
The 20 campuses of Indian Institute of Management across India have been a hotbed for new ventures to take flight. Here, individuals who aspire to take up careers in management receive the best training and facilities. IIMs have extended their expertise in training, mentoring and industry-academia networking to aid young entrepreneurs as well.
IIM's incubation labs attract a lot of talent. It is the perfect place for the entrepreneurial mindset of people to convert their dream into reality.
Often, IIMs established in 2015-16, the newest IIMs, are compared with the oldest and top IIMs in terms of placement, salary, infrastructure, and more. Even in terms of incubation centres, new IIMs are trying to make their mark as the other IIMs.
All entrepreneurship-related activities are handled by the incubation centres at IIMs. It attempts to offer a variety of help right from funding, to mentoring, infrastructure, networking, learning resources and more.
Careers360 recently analysed incubator labs at Indian Institute of Technology across the country. Now, we take a look at IIMs, in this article particularly the seven newest IIMs of India.
IIM Bodh Gaya Incubation Centre to Support Innovation, Research and Entrepreneurship (IIMBG INSPIRE) is a platform for starting and growing entrepreneurs into scalable, viable, and successful companies. Students, working adults, startup enthusiasts, aspiring entrepreneurs, and the greater entrepreneurial community interested in innovation and seeking a home for establishing immersive experiences that are scalable enterprises should focus on INSPIRE as their main point of contact.
Through a combination of seed capital, corporate venture capital fund, smart working space, corporate market access, mentoring and training programmes, IIMBG INSPIRE seeks to provide focused, faster and speed growth to new ventures for their successful commercialization of products.
Highlights | Information |
Established in | 2021 |
Space/Size | 20,000 sqft |
Facilities |
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No.of incubatee and start up companies | 5+ |
The centrepiece of IIMBG INSPIRE is STEP-IN, or Startup Enablement Programme through Incubation. By offering its incubatees a state-of-the-art incubation facility, it hopes to grow into one of the top incubation programmes in Bihar. It aims to assist startups in becoming market-fit, gaining early consumer traction, and making money.
In addition to providing professional mentorship, on-site incubation for one to two years, greater access to market resources, networking opportunities, business skill training, and engagement with industry experts and investors, STEP-IN assists entrepreneurs in fine-tuning their business models.
IIM Nagpur has a business incubator called InFED (IIMN Foundation for Entrepreneurship Development). InFED works with significant players at the local, state, federal, and international levels to build an ecosystem that supports entrepreneurs and related parties. InFED serves as a link between aspiring company owners, academics, research institutes, firms engaged in research and development, industry specialists, and financial backers and the government.
Through facilitative services, it also provides all forms of necessary techno-business support for incubates to operate on a daily basis. By generating and disseminating entrepreneurial knowledge through research and various educational programmes, it seeks to strengthen and empower the startup ecosystem.
Highlights | Information |
Established in | 2018 |
Facilities |
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Funding programmes | Startup India Seed Fund Scheme, Incubator Seed fund Management Committee of InFED |
No.of incubatee and start up companies | 10+ |
Also check - Incubation Labs At Third Generation IITs Strive For The Success Of Budding Entrepreneurs
IIM Sambalpur's Business Incubation centre supports start-up firms by providing a range of interventions. By providing access to networks, business mentoring, technology support, business mentoring, scientific and information resources, and a generally conducive and supportive environment, it also nurtures businesses in their start-up phase. It supports and runs an active programme for the discovery, development, acceleration, and translation (into practise) of novel ideas fit for starting new businesses.
Highlights | Information |
Established in | 2020 |
Facilities |
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No.of incubatee and start up companies | 7 |
IIMV Foundation for Incubation Entrepreneurial Learning and Development (IIMV FIELD) is committed to fostering innovation and entrepreneurship by motivating and assisting students, faculty, alumni and entrepreneurs across the region. And also to turn their ideas and concepts into working business models and market-ready goods and services. Some of their programmes include pre-incubation, incubation, and acceleration support for women led, student led, social ventures, tech based, edutech and fintech ventures.
It also aims to increase opportunities for mutual learning, knowledge sharing, idea cross-fertilisation, constructive thought exchange, and dissemination of best practices among the people involved. Apart from networking, FIELD creates programmes in creativity, upskilling, re-skilling, re-tooling, incubation, acceleration, innovation, entrepreneurial learning, and development of entrepreneurship.
Highlights | Information |
Established in | 2018 |
Facilities |
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No.of incubatee and start up companies | 73 |
IIM Jammu's Foundation for Entrepreneurship Innovation and Skill Development (IIMJ-FEISD) supports, encourages, and sustains local initiatives that foster innovation, entrepreneurship, and skill-development. The IIMJ-FEISD seeks to develop an ecosystem of innovation and entrepreneurship among the government, academic, and corporate communities of all of Jammu and Kashmir in general, and among the IIM Jammu students, professors, and alumni in particular.
IIMJ-FEISD is attempting to work in a variety of sectors, including but not limited to: agriculture and processed foods, travel and tourism, handicrafts and small businesses, medical and biotechnology, green energy, and ITeS.
Highlights | Information |
Established in | 2022 |
Space/Size | 10,000 sqft |
The Centre for Entrepreneurship at IIM Amritsar is in-charge of setting up and maintaining a system of assistance for persons on and around the university who have creative ideas. In order to co-create and maintain its influence, it creates an entrepreneurial environment.
It attempts to inspire, motivate, and excite pupils to adopt an entrepreneurial mindset. It focuses on fostering aspiring business owners and expanding the entrepreneurial environment. It strengthens the entrepreneurial faculty and research network.
Highlights | Information |
Established in | 2018 |
IIM Sirmaur doesn’t have its own incubator lab but it has a collaboration with IIT Roorkee for an incubation centre. It is named as Technology Incubation and Entrepreneurship Development Society (TIEDS) Business Incubator .
Also check - Analysis Of Incubation Labs For Entrepreneurs At IIM Rohtak, Shillong, Udaipur And Kashipur
Hello,
Here are important points regarding your query :-
Hope it helps !
Hi,
Based on the previous year analysis, According to your CAT 2024 percentile some of the colleges in which you have chances to get a seat includes:
You can predict more colleges using the CLAT 2024 college predictor tool .
Hope this information will help you
Hello Greetings
With a CAT 2024 percentile of 68.28%, you may face a challenging time getting into IIT Delhi, as their cutoffs are typically higher. However, being an SC female student, you may be eligible for relaxation in the cutoff criteria .
To give you a better idea, here are some general CAT cutoff percentiles for IITs and other top B-schools:
- *IIT Delhi*: Typically above 90 percentile for general category students.
- *Newer IIMs*: Such as IIM Vishakapatnam, IIM Shillong, and IIM Udaipur, may have lower cutoffs, around 80-90 percentile.
- *Other top B-schools*: Like IMT Ghaziabad, XIM Bhubaneswar, and TAPMI, may also consider students with lower percentiles.
It's essential to note that CAT cutoffs can vary from year to year, and other factors like your academic background, work experience, and performance in the personal interview (PI) and written ability test (WAT) also play a significant role in the admission process.
To explore more options and predict your chances of getting into various colleges, you can use online CAT college predictor tools .
Have a great day
Hello Greetings
Considering your 82.58 percentile in CAT and 22 months of industry experience in IT and Financial analysis, you have several options for General Management PGDM or PGPM programs.
*Decent Colleges Accepting Low CAT Percentile:*
- _SPJIMR_: Offers PGDM and PGPM programs, accepting CAT scores, with a minimum eligibility criterion of 50% aggregate in graduation ¹ ².
- _SOIL_: Provides PGPM and PGDM programs, considering CAT scores, with a focus on experiential learning ³.
- Other institutes like _IMT Ghaziabad_, _XIMB_, and _IRMA_ might also accept candidates with lower CAT percentiles, but this may vary depending on the program and intake.
*Key Factors to Consider:*
- _Work Experience_: With 22 months of experience, you might be eligible for PGPM programs, which typically require more work experience than PGDM programs ¹.
- _Career Gap_: Explain your career gap effectively in your application, highlighting any relevant activities or skills gained during that period.
- _Profile-Based Selection_: Some institutes consider profiles, including work experience, academic background, and extracurricular activities, in addition to CAT scores ¹.
*Next Steps:*
1. Research the institutes mentioned above and their programs.
2. Review the eligibility criteria, admission process, and fees for each program.
3. Prepare your application, ensuring you effectively communicate your strengths, work experience, and career goals.
4. Be prepared for interviews, focusing on your profile, experience, and motivation for pursuing a PGDM or PGPM program.
Remember, a lower CAT percentile doesn't necessarily limit your options. Focus on showcasing your strengths, experience, and fit with the program to increase your chances of admission.
Have a great day
Hi Gaurav,
The Common Admission Test (CAT) is a national-level management entrance exam conducted annually in India for admission into MBA/PGDM programs at prestigious institutions like the Indian Institutes of Management (IIMs) and other top B-schools.
For registering for CAT 2025, you can follow the given steps:
For more recent details, you can check out the given link.
Best wishes!
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Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
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