Entrepreneurship Development Cell (EDC)

Dr. D. Y. Patil Institute of Management Studies is committed to promote entrepreneurship as an important facet of the development of MBA graduates. We, at DYPIMS believe in nurturing our students with the best possible academic and practical inputs to make them successful in their careers. In line with this we have established an ED Cell on 2nd Feb 2013 earmarked for initiatives in the field of entrepreneurship under the chairmanship of our Director and two Project Co-coordinators viz Prof. Shilpa R kankonkar and Prof. Minal Waghchoure.

For effective implementation of the programmes of the ED cell, an Advisory Board comprising of dignitaries who act as ED mentors for the cell members are from Mahratta Chamber of Commerce Industry & Agriculture (MCCIA), Bhartiya Yuva Shakti Trust (BYST), and National Entrepreneurship Network (NEN), EHA consultancy Pvt Ltd., Bizzinnovators Ltd., Vighneshgwara Marbles and Stone Pvt ltd., and Focus Foundation.

Objectives Of Entrepreneurship Development Cell:

  • To motivate and inspire students as entrepreneurs.
  • To equip them with necessary entrepreneurial skills & provide necessary guidance for starting their own enterprises.
  • To create an entrepreneurship culture in the parent institutions by conducting Motivation Workshops, Entrepreneurship Awareness Camps, guest lecturers, counseling, orientation visits to entrepreneurial ventures.
  • To arrange regular interactions with successful entrepreneurs.
  • To prepare the students for entrepreneurship as a career option.

Process:

The ED Cell identifies 30, First and Second year MBA students as potential entrepreneurs. The entire batch of 1st year and 2nd year students of MBA undergoes an entrepreneurial audit. This audit helps in identifying the candidates with basic competencies required to become potential entrepreneurs. The students securing 75% and above have to undergo a panel interview with the project co coordinators where the students are assessed based upon their risk bearing ability, pro-activeness, confidence level, logical thinking ability etc. Finally, a batch of 30 students are selected based upon the marks secured in the above criteria. These 30 students are groomed to become entrepreneurs though intensive training workshops, industrial visitS, student mentoring programs and expert guidance from the ED Cell mentors. It has been the endeavor of the Institute to ensure that the interest levels of the students are maintained and The students undergoing at the different values of entrepreneurship are imbibed through ED Cell activities.