IIPS Indore MBA Entrepreneurship: Fees 2026, Course Duration, Dates, Eligibility

Indore, Madhya PradeshEstd 1992NAAC Grade A
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Collegedunia Team

Content Curator | Updated on - Mar 30, 2026

Master of Business Administration (MBA) in Entrepreneurship is a 2-year full-time postgraduate program offered by International Institute of Professional Studies (IIPS), Indore, affiliated with Devi Ahilya Vishwavidyalaya. This specialized program is designed to develop leadership qualities, business skills, and managerial competencies with a focus on entrepreneurial ventures and startup development. The total fees for the course is 1.37 lakhs, making it highly affordable for aspiring entrepreneurs. The primary entrance exam is CMAT (Common Management Admission Test), and the program has an intake of 40 seats. The course is offered in on-campus full-time mode of study. This specialization is particularly popular among students from business families and those aspiring to start their own ventures, especially in the context of government initiatives like Startup India Action Plan.

Admission for the MBA (Entrepreneurship) program at IIPS Indore is currently ongoing for the 2026 academic year. The application deadline for CMAT 2026 was November 24, 2025, with the exam conducted on January 25, 2026, and results announced on February 13, 2026. Counselling and seat allocation are expected to be completed by March 2026, with classes commencing in June 2026.

Key Points:

  • Unique focus on entrepreneurial skills, business planning, and venture capital management
  • Curriculum designed to develop understanding of critical components of firm's business plans
  • Emphasis on legal aspects of entrepreneurial environment and startup ecosystem
  • Development of leadership qualities and decision-making skills in dynamic business environments
  • Strong emphasis on business ethics and social responsibilities

IIPS MBA Entrepreneurship Fees

The MBA (Entrepreneurship) program at IIPS Indore is one of the most affordable postgraduate management programs in India. The total fees of 1.37 lakhs covers tuition and other charges spread across the 2-year duration. The annual fees work out to approximately 68,500 INR, making it accessible to students from diverse economic backgrounds. The college also offers scholarships for SC, ST, and OBC students below the creamy layer, which can cover up to 50% of the fees. Additionally, government-authorized bank loans are available for eligible students.

Fee Components

Fee ComponentAmount (INR)
Tuition Fee66,000
Other Charges71,000
Total Fees1,37,000
  • Fees are refundable as per college norms.
  • Scholarships available for SC, ST, OBC (below creamy layer), and EWS categories.
  • Bank loans available through government-authorized institutions.
  • No hostel fees included as hostel is optional.

IIPS MBA Entrepreneurship Admission 2026

The admission process for MBA (Entrepreneurship) at IIPS Indore is merit-based and conducted through CMAT (Common Management Admission Test) followed by counselling. The college follows a transparent and systematic approach to select the most deserving candidates. Candidates are ranked based on their CMAT scores, and seat allocation is done through multiple counselling rounds considering category-wise reservations.

Important Dates

EventDate
CMAT Registration StartOctober 17, 2025
CMAT Registration EndNovember 24, 2025
CMAT Admit Card ReleaseJanuary 21, 2026
CMAT Exam DateJanuary 25, 2026
CMAT Answer Key ReleaseJanuary 31, 2026
CMAT Result AnnouncementFebruary 13, 2026
Counselling Round 1February 20, 2026 (Tentative)
Counselling Round 2February 27, 2026 (Tentative)
Class CommencementJune 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Bachelor's degree in any discipline with a minimum of 50% marks from a recognized university
  • Valid CMAT score (Common Management Admission Test)
  • Relaxation of 5% in eligibility marks for SC, ST, OBC candidates of Madhya Pradesh and Physically Challenged (Divyang) candidates

Admission Process

  • Candidates must register and appear for CMAT conducted by All India Council for Technical Education (AICTE)
  • Merit list is prepared based on CMAT scores
  • Eligible candidates are called for counselling in multiple rounds
  • Candidates exercise their choice of specialization during counselling
  • Final seat allocation is done based on merit, category, and choice of specialization

IIPS Indore: Students' Opinion

AI-Generated Summary based on 1 Reviews

The admission process begins with an entrance exam, followed by counseling sessions where students select their courses. Entrepreneurship was a popular choice due to promising opportunities and favorable government initiatives. The program includes 7 subjects taught by 7 visiting lecturers, with oversight from a program in-charge. While these lecturers are knowledgeable, students feel the program lacks practical knowledge.

The institute's affiliation with a government university allows it to offer lower fees compared to private colleges, with no hidden charges except for late fee penalties. There are no placements or internships offered by the college. Scholarships are available but primarily for reserved categories, potentially limiting access for others.

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 By Collegedunia’s Personal AI

IIPS MBA Entrepreneurship Scholarships 2026

IIPS Indore offers multiple scholarship schemes to support deserving and meritorious students. The scholarships are designed to make quality management education accessible to students from all economic backgrounds. Various government and institutional scholarships are available for eligible candidates.

Scholarship Schemes

Scholarship NameEligibilityAmountApplication Deadline
Post Matric Scholarship for SC/ST/OBCSC, ST, OBC (non-creamy layer) studentsUp to 50% of feesAs per government notification
Merit Cum Means ScholarshipMeritorious students with financial needVariableJune 2026
Mukhya Mantri Medhavi Vidyarthi Yojana (MMMVY)MP domicile students with 75%+ in 12th (MP Board) or 85%+ (CBSE)Full tuition fees + hostelAs per government notification
Scholarship for Minority StudentsMinority community studentsVariableJune 2026
Physically Disabled Students ScholarshipStudents with disabilitiesVariableJune 2026
  • Scholarships are subject to merit and eligibility criteria.
  • SC, ST, OBC (non-creamy layer) students can avail up to 50% fee waiver.
  • MMMVY covers full tuition fees and hostel charges for eligible MP domicile students.
  • Bank loans are available through government-authorized institutions for all eligible students.

IIPS MBA Entrepreneurship FAQs

Ques. What is the primary focus of the MBA Entrepreneurship program at IIPS Indore?

Ans. The MBA Entrepreneurship program focuses on developing entrepreneurial skills, business planning, venture capital management, and startup development. The curriculum is designed to prepare students to understand and solve entrepreneurial issues, develop business plans, and navigate the legal and financial aspects of starting and managing new ventures.

Ques. Is this program suitable for students without business background?

Ans. Yes, the program is designed for students from all backgrounds. While it is particularly popular among students from business families, it is equally suitable for those aspiring to become entrepreneurs. The curriculum covers all fundamental concepts required to understand business and entrepreneurship from scratch.

Ques. What career opportunities are available after completing this MBA?

Ans. Graduates can pursue careers as entrepreneurs, startup founders, business consultants, venture capital analysts, business development managers, or corporate innovation managers. Many graduates successfully establish their own ventures in various sectors including technology, retail, services, and manufacturing.

Ques. Does the program provide support for startup development?

Ans. While the program provides comprehensive theoretical knowledge and practical skills for entrepreneurship, students should note that the college does not formally offer incubation or startup funding support. However, the curriculum includes business planning and venture capital management subjects that prepare students for startup development.

Ques. Are there internship opportunities during the course?

Ans. The program includes summer internships and on-the-job training as part of the curriculum. Students undertake practical training with organizations, which provides real-world exposure to business operations and entrepreneurial challenges.

Ques. How does this MBA differ from a general MBA program?

Ans. The MBA Entrepreneurship specialization focuses specifically on entrepreneurial ventures, startup development, and business creation. Unlike a general MBA that covers all functional areas of management, this program provides specialized knowledge in business planning, venture capital, entrepreneurial decision-making, and startup ecosystem navigation.

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Aditi yadav
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Reviewed on May 13, 2020

Fees and Financial Aid:

No i didn't opted for any scholarships and loan as mostly scholarships nowadays are for the reserved categories and i do not belong to that
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