NIET MBA-IEV FAQs
Ques. What is the difference between MBA-IEV and regular MBA at NIET? Which is better for someone who wants to start a business?
Ans. The MBA-IEV (Innovation, Entrepreneurship and Venture Development) at NIET is specifically designed for aspiring entrepreneurs and innovators, with a curriculum focused on startup ecosystems, venture capital, business model innovation, and leadership. In contrast, the regular MBA covers broader management topics like Marketing, Finance, HR, and Operations. If your goal is to start your own business or work in the startup/venture capital ecosystem, MBA-IEV is the better choice. The regular MBA is more suitable for those seeking corporate management roles. MBA-IEV also provides access to NIET's TBI incubator, which is a significant advantage for startup founders.
Ques. What is NIET's Technology Business Incubator (TBI), and how does it benefit MBA-IEV students?
Ans. NIET's Technology Business Incubator (TBI) is an on-campus facility that supports student and faculty startups with funding access, laboratory facilities, discussion rooms, boardrooms, video conferencing equipment, seminar halls, and workstations. MBA-IEV students have direct access to the TBI, which allows them to develop and test their business ideas in a structured environment with mentorship from industry experts. The TBI also connects students with potential investors and industry partners, providing a real-world platform to launch their ventures during the program itself.
Ques. Who are the mentors for the MBA-IEV program at NIET, and what is their background?
Ans. The MBA-IEV program at NIET has a distinguished panel of industry mentors, including Mr. Neelam Dwivedi (Founder & CEO of FundsTiger.com, a fintech startup), Mr. Pankaj Gupta (CEO of Gulf Islamic Investments), Dr. Anbu Rathinavel (Chief Design Officer at Intellect Design Arena Ltd.), Ms. Anuradha Sharma (Country Manager at Oracle Academy), and Ms. Shikha Gupta (Senior Director at Birlasoft). These mentors bring real-world entrepreneurial and corporate experience to the program, providing students with practical insights and networking opportunities.
Ques. What entrance exams are accepted for MBA-IEV admission at NIET, and is CAT mandatory?
Ans. CAT is not mandatory for MBA-IEV admission at NIET. The institute accepts scores from CAT, MAT, and CMAT for direct admission. For UP state quota seats, admission is through UPTAC MBA counselling, which does not require a specific entrance exam score but is based on graduation merit. Candidates who have not appeared in any entrance exam can also apply for direct admission through NIET's portal, where selection is based on graduation marks and a GD/PI round conducted by the institute.
Ques. What are the career prospects after MBA-IEV from NIET? Can I get a corporate job or is it only for entrepreneurs?
Ans. MBA-IEV graduates from NIET have diverse career options. While the program is primarily designed for entrepreneurs, graduates can also pursue corporate roles in business development, innovation management, venture capital, consulting, and corporate strategy. Companies in the startup ecosystem, consulting firms, and corporate innovation labs actively recruit MBA-IEV graduates. NIET's placement cell supports MBA-IEV students in campus placements alongside regular MBA students. The average MBA placement package at NIET is around 6 LPA, with opportunities in companies like TCS, Infosys, Capgemini, and various startups.
Ques. What is the total fee for MBA-IEV at NIET, and how does it compare to the regular MBA?
Ans. The total fee for the 2-year MBA-IEV at NIET is INR 2,67,000, which is the same as the regular MBA at NIET. The first year fee is INR 1,79,100 and the second year fee is INR 1,48,500. This is significantly lower than MBA programs at private B-schools in Delhi NCR, making NIET's MBA-IEV a cost-effective option for aspiring entrepreneurs. Government scholarships (UP Post Matric Scholarship, NSP schemes) are available for eligible students, and education loans can be availed through banks with NIET's support.


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