Entrepreneurship & Family Business
  • Duration 2 Years
  • Starts From July 2026

IILM prepares and motivates budding entrepreneurs to start their entrepreneurial journey and realise 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. For students aiming to pursue entrepreneurship or take on leadership roles in their family business, the institute strongly recommends majoring in Entrepreneurship and Family Business.

Academic Year 2026-27

Foundation Name Course Code Category Credits
Basics of Accounting F001 Foundation 1
Business Communication F002 Foundation 1
Managerial Excel F003 Foundation 1
Managerial Mathematics F004 Foundation 1


SEMESTER I

Course Name Course Code Category Credits
Organizational Behavior PMC10001 Core 2
Organisational Dynamics PMC10002 Core 1
Financial Reporting & Analysis PMC10003 Core 2
Marketing Management 1 PMC10004 Core 2
Quantitative Methods 1 PMC10005 Core 2
Managerial Economics PMC10006 Core 2
Legal Aspects of Business PMC10007 Core 2
Design Thinking and Innovation PMC10010 Core 2
AI for Managers PMC10009 Core 2
Operations Management 1 PMC10008 Core 1
Essentials of Business Analytics PMC10011 Core 1
Corporate Readiness Program-1 PMSEC10001 Core 2
Total Credits 21


SEMESTER II

Course Name Course Code Category Credits
Corporate Finance PMC20011 Core 2
Human Resource Management PMC20013 Core 2
Financial Market PMC20020 Core 1
Organisational Design PMC20021 Core 1
Operations Management II PMC20012 Core 2
Strategic Management PMC20014 Core 2
Business Research Methods PMC20015 Core 2
Marketing Management II PMC20016 Core 2
Macroeconomics PMC20017 Core 2
Quantitative Methods II PMC20018 Core 2
Management and Cost Accounting PMC20019 Core 1
Corporate Readiness Program-II PMSEC20002 Vac – 2 2
Total Credits 21


Academic Year 2027-28

SEMESTER III

Course Name Course Code Category Credits
Elective1 – 7 DE 1 – 7 Elective 14
Data Analytics PMC30020 Core 2
Sustainability and ESG PMC30022 Core 2
Internship PMSEC20003 Core 4
Corporate Readiness Program-3 3 Vac – 3 2
Total Credits 24


SEMESTER IV

Course Name Course Code Category Credits
Elective 1 – 4 DE 8 – 11 Elective 8
Indian Knowledge System (MOOC) PMC30023 Core 2
Business Strategy-Capstone Simulation PMC30024 Core 2
Ethics and Corporate Governance PMSEC20004 Vac – 4 2
Total Credits 14

*The course structure is subject to change based on the recommedation of the AICTE

Course Name
Family Business Management
Start-up Financing
Entrepreneurship – An experiential course
Financial & Wealth Management
Governance & Leadership for Family Firms
Business Innovation & Growth
Competing in the age of AI

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