Postgraduate Program in Entrepreneurship and Innovation (PGPEI)

The One-year full-time program is designed for next-gen family business owners and people who are highly motivated to launch new ventures that will make a big impact on society. This program enables participants from identifying high potential opportunities to product development to customer acquisition and fundraising.

The Postgraduate Program optimally balances theory and know-how by offering value proposition for participants by acquiring knowledge, skills, competencies and experiences thus making it one of the unique entrepreneurship courses in India.

Curriculum Overview

The curriculum is designed by renowned faculty, business practitioners and innovation experts in its endeavour to make it one of the best entrepreneurship courses in India.

Term Overview:
The goal of the courses is to prepare students to think big, challenge the status quo, learn to accept failure, build empathy, and practice mindfulness.
Core and Elective Courses:
  1. Growth Mindset
  2. Emotional Intelligence
  3. Empathy and Mindfulness
  4. Effectuation
  5. Creative and Innovation Thinking
  6. Exponential Thinking
Term Overview:
The goal of the term is to identify specific innovation and entrepreneurial opportunities for developing novel products and solutions relevant to the market. The focus is to identify a high impact innovation opportunity, develop novel solutions, and validate solutions by applying methodologies and knowledge of the term courses.
Core and Elective Courses:
  1. Global & Indian Megatrends
  2. Jobs to be Done
  3. Creativity and Innovation – Tools & Methods
  4. Design Thinking and Design Sprint
  5. Lean Startup
  6. Industry 4.0 and Exponential Technologies
Term Overview:
The goal is to design, prototype, test, build product/solution and prepare a business pitch based on the initial market response to the product and overall market. The focus is to develop the product or service using design, and apply principles of business, market, finance and IP to develop a business pitch using practices and knowledge of the term courses.
Core and Elective Courses:
  1. Product Design
  2. Go to Market Strategy
  3. Financial Model
  4. Business Model
  5. Intellectual Property (IP) Protection
  6. Venture Investment
Term Overview:
The goal of this term is to prepare students to effectively manage and scale a new venture by acquiring business and leadership skills in the areas of talent, operations, sales, marketing, branding, finance, communication and negotiations using the knowledge of the term courses.
Core and Elective Courses:
  1. Talent Management
  2. Project and Operations Management
  3. Sales, Marketing and Branding
  4. Negotiations
  5. Business Laws and Regulations
  6. Advanced Accounting and Finance

Local Study Tours


Visit startup hubs such as LogiNext
Visit startup hubs such as Reliance Jio-GenNext


Visit startup hubs such as Early Salary
Visit startup hubs such as TiE Pune


Visit startup hubs such as Lavalle Networks
Visit startup hubs such as Upekkha


Visit startup hubs such as Exprs
Visit startup hubs such as T-Hub

International Study Tours


PRACTICE & OUTCOME FOCUSED (Unlearn | Learn | Build | Lead)

Participants are exposed to research backed decision making frameworks such as 'Effectuation' and 'Lean Startup' that have helped established entrepreneurs succeed.



The optional immersion in USA allows students to gain deeper insights, global connections and new perspectives to successfully build a global venture.



The program offers financial support from University and investment opportunities from investors and incubation, acceleration and knowledge upgradation after program completion.



Each partcipant receives an opportunity to work on live startup projects and transform ideas into businesses.



Participants receive feedback on their startups from business leaders and investors, and could win seed funding and grants.


  • Individuals & next-generation family business entrepreneurs who are highly motivated to launch new ventures.
  • Recently graduated students & young professionals with strong execution capabilities & an aspiration to build global businesses.
  • Corporate professionals looking to create a new business or venture within an organisation.


  1. A bachelor’s degree in any discipline from a university / institution recognized by the UGC or equivalent bodies with a minimum score of 50% in aggregate or an equivalent grade (CGPA/ CPI/ etc.). Candidates in their final year of bachelor’s degree program can also apply.
  2. Test scores in any of the following national level tests conducted in the current year – CAT (conducted by IIMs)/ XAT/ MAT/ CMAT/ MH-CET or GMAT. Alternatively, applicants can consider taking FLAME University's PG FEAT.


Hari Menon

Hari Menon
Co-Founder & CEO, Big Basket

Rupen Jhaveri

Manish Chokhani
Director, ENAM Holdings Pvt. Ltd.

Dr. Saras D. Sarasvathy

Rupen Jhaveri
Managing Director, KKR India

Hari Menon

Pranav Pai
Founding Partner, 3one4 Capital

Dr. Saras D. Sarasvathy

Dr. Saras D. Sarasvathy
Paul M. Hammaker Professor in Business Administration, UVA, Darden School of Business. Jamuna Raghavan Chair Professor in Entrepreneurship, IIM Bangalore

Rupen Jhaveri

Darshan Doshi
Director, FLAME Centre for Entrepreneurship and Innovation

Hari Menon

Dr. Aravind Chinchure

Dr. Bharat Damani

Dr. Bharat Damani
Associate Professor – Entrepreneurship

Dr. Amarpreet Singh Ghur

Dr. Amarpreet Singh Ghura
Assistant Professor – Entrepreneurship


Student Testimonials



The University offers an array of merit scholarships and need-based financial support. This is designed to give students an opportunity to further their education at FLAME University. Most prominent amongst these scholarships and support avenues are the full scholarships (full fee waivers) which can be awarded to most outstanding students joining the University.
The prospective students will receive a confirmation of the completed interview process. Shortly after, the admissions team will reach out to you within two weeks of your interview with an update either an offer letter to join the program or request for supporting documents or feedback on your application.
Yes – the one-year PGPEI program offers multiple field visits across India and USA through the academic year. These field visits are created to provide networking opportunities and exposure startup ecosystems for the students. Some of the visit locations include Mumbai, Bangalore, Hyderabad, Hubli, Pune and Boston (USA).
Yes, aspiring participants need to have a bachelor’s degree in any discipline from a university / institution recognized by the UGC or equivalent bodies with a minimum score of 50% in aggregate or an equivalent grade (CGPA/ CPI/ etc.). Candidates in their final year of bachelor’s degree program can also apply, provided they can produce the final year degree certificate / mark sheet. Additionally, aspirants need to take FEAT or national level tests to be eligible for the program.
We have one of the best infrastructure facilities in the world; located in the beautiful valley at Lavale, Pune. We offer an array of single & shared rooms. There are guest houses available too for parents to use while they are visiting the FLAME campus.
We have multiple sports grounds for football, cricket & other sports, an indoor sports complex, eateries & other beautiful recreational spaces. View Gallery.
Better yet! Schedule a visit and meet us on our campus here - https://www.flame.edu.in/admissions/visit-us
We have one of the most exhaustive list of student activities you can think about. We have the FLAME Entrepreneurship Lab, FLAME Investment Lab, Kurukshetra, BLAZE Startup Competition, Sports clubs, the renowned FLAME Centre for Entrepreneurship and Innovation, among others.


We keep student safety at the forefront and make decisions to ensure we are meeting the government guidelines while enabling students to continue their education in these unprecedented times. We were one of the first campuses in the country to request students to leave the campus in March to be safe with their family. Within a few days, we moved online and completed over 200 courses for all students in the UG and PG programs. We are using a safety-first approach but also ensuring that student’s education and experience are not compromised in these exceptional circumstances.
Since March 2020, we moved all courses online including classes, presentations, events, examinations, student club activities, among others. Once we are sure that students are safe to come back to the campus and the government guidelines allow us to bring students back on campus, we will make an announcement at a suitable time.
24 hour doctor availability with 2 residential doctors, 2 female doctors and one male doctor. 24 hour ambulance service with pick-up and drop services. All basic treatment, vaccination, minor procedures (dressing, stitches) all major medicines including antibiotics, skin related creams, eye ear drops In case of a serious health issue, 24 hour ambulance service to higher centres like Chellaram hospital.