IIT Madras re-launches MS in Entrepreneurship programme

NEW DELHI: The Indian Institute of Technology, Madras has re-launched the Master of Science (MS) in Entrepreneurship programme. The last date to apply for the programme is November 30 while the first batch will begin in January 2022. Interested candidates can apply at the website - research.iitm.ac.in.

The MS programme is open to all students who have completed their undergraduate or postgraduate degrees. Students can find further details on the programme at the link - sites.google.com/smail.iitm.ac.in/iitmmse/home, as per an official statement from IIT Madras.

Also Read | IIT Gandhinagar Director Sudhir Jain appointed new VC of Banaras Hindu University

Applicants can select one or more topics (up to a maximum of 3) in which they are interested. Candidates who qualify the shortlisted criteria will be called for an interview, the IIT Madras statement said.

“Selected scholars will work with faculty on ‘commercialisable ideas.’ They will be guided on how to discover entrepreneurial opportunities and formally establish their 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,” IIT Madras said in the statement.

Also Read | IIT Gandhinagar PhD scholars win Gandhian Young Technological Innovation Awards 2021

Highlighting the unique aspects of this course, Ashwin Mahalingam, who is part of the selection committee, said: “A lot of research happens at IIT Madras that has commercial potential. This programme will create technology entrepreneurs who will ‘product-ize’ these 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.”

Also Read | IIT Delhi alumnus Anant Yardi to gift USD 10 million to institute

Further, elaborating on the entrepreneurship ecosystem offered by IIT Madras, Professor Satyanarayanan Seshadri said: “The support system here is very well developed to support founders at 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.”

The MS (Entrepreneurship) by Research programme was offered from 1982-83 by the Department of Management Studies, IIT Madras. The programme is now being relaunched as a separate course, the institute said.