PGDM in Entrepreneurship and Family Business

The Post Graduate Diploma in Management (PGDM) in Entrepreneurship and Family Business is a two-year full-time master’s level program, designed to equip aspiring candidates to become founder of innovation driven enterprise and take up leadership roles in running family owned and managed business. This is an opportune time in India to set up and run innovation driven start-ups. The eco system of angel & venture capital financing is growing fast.

Students who dream to be entrepreneurs require the necessary leadership and functional skills to initiate, run and scale up ventures. Similarly family business owners who aspire to lead their businesses to the next higher level of growth in the digital era economy require diverse skills necessary for managing larger enterprises. This Program is meant for them.

IILM benchmarks its curriculum against the best in the world to ensure an academically rigorous, practice and research supported, management education based on principled and ethical values, which maximizes the value add from entry to exit. In the process it fosters the understanding of disruptive, technological changes, challenges current assumptions, and encourages continuous innovation and learning. Personal mentoring which respects individuality and inspires students to become responsive, responsible and entrepreneurial business leaders is the hallmark of the PGDM (Entrepreneurship and Family Business) Program.


The PGDM (Entrepreneurship and Family Business) Program has six trimesters, spread over two years, with a summer internship project and immersion with Incubator and Accelerator with scheduled at the end of Year I. In the first two trimesters participants complete fourteen core courses, followed by two core and four flexi core courses in trimester III. In Year II of the program participants complete eight elective and dissertation, apart from completing two core courses. The Entrepreneurship Development Program with successful alumni entrepreneurs who will give practical guidance on setting and scaling up companies. Personal Leadership Program, aimed at preparing students to discover their leadership potential to make a mark in the world. This is more about discovering self.

IILM offers the following specializations in Year II: Entrepreneurship, Family Business, Finance, Marketing, Operations and Technology, Organizational Effectiveness, Data Analytics and General Management. While Year Iaimsat developing team skills, Entrepreneurship and leadership capability, communication skills, and managerial effectiveness, Year II focuses on equipping students develop domain specific skills that enhances their effectiveness as entrepreneurs or family business leaders.

IILM Incubation Centreactively engages in connecting students with potential venture capitalists and angel investors and collaborators.

At the end of two years, participants will be developing an idea into business plan and pitching to Angel investors and venture capitalists to get the project funded and also get a place in incubator to get the start up going.

The ultimate aim of the programme is to nurture leaders who will go on creating innovation driven enterprises.

IILM prepares and motivates budding entrepreneurs to start their entrepreneurial journey and realize their dreams. We create future ‘Game Changers’ by fostering the entrepreneurs with 3 Cs – Content, Context, and Contacts – that enable them to design and launch successful start-ups. We encourage students to set reasonable expectations for themselves and steer clear of the frequent pitfalls of starting their own businesses. Teaching pedagogy includes interaction, discussion, and learning from successful industry alumni, round table conferences, peer networking, industry visits, live projects, case discussions, etc. We also frequently conduct business plan competitions to showcase the best ideas for new businesses and give the winning ideas funding for their launch.