The Indian Institute of Technology (IIT) Madras is relaunching the MS in Entrepreneurship programme.
IIT Madras is widely admired as India’s leading institute in promoting start-ups, incubation, entrepreneurship and support systems, particularly entrepreneurial ventures in Deep Technology, with a strong start-up ecosystem.
Selected scholars will work with the faculty on “commercialisable ideas”. They will be guided on how to discover entrepreneurial opportunities and formally establish start-ups via an effective combination of taught courses, intense research supported by astute supervision and mentorship by highly accomplished entrepreneurs and others of the start-up ecosystem.
Highlighting the unique features of the course, Ashwin Mahalingam, who is part of the selection committee, said, “A lot of research with commercial potential happens at IIT Madras. This programme will create technology entrepreneurs who will ‘product-ise’ the ideas and work on developing business plans around them. In this way, we hope to ease the ‘lab to market’ transition of technologies, develop entrepreneurs, and consequently have greater societal impact,” he said.
Applicants can select one or more topics (up to three) that are of interest to them. Applicants meeting all criteria will be called for an interview.
“The support system here is well-developed for all stages of business development from pre-incubation to acceleration of their ventures. Now with faculty members offering their technology, it is bound to provide potential entrepreneurs with differentiated opportunities for technology-led venture creation,” said Satyanarayanan Seshadri, assistant professor of Applied Mechanics at IIT Madras.
The MS (Entrepreneurship) by Research programme has been offered since 1982-83 by the department of Management Studies, IIT Madras. Over the last four decades, it has matured steadily and strongly to emerge as a benchmark among all entrepreneurship-focused institutional programmes as can be evidenced by the prestigious international and national awards and honours conferred on the scholars and their start-ups. The course is now being re-launched separately.
Earlier scholars of the programme have been granted valuable technology patents, which have been commercialised through formal technology transfers to leading organisations in specific economic sectors. Now, this full-time programme invites applications from among eligible persons, who would be inspired by its remarkable history and wish to contribute significantly to its future history.
This programme is open to students across India who have completed their undergraduate or postgraduate degrees. The last date to apply is November 30.