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MA in Design Practices – 2018-19

  

Specialisation : Impact Entrepreneurship

One thing is very clear to me that with social business taking off, the world of free market capitalism will never be the same again” - Prof. Muhammad Yunus


Market-driven-businesses that bring together - Business Strategy, Design Thinking, Leadership, and Inclusive Ownership and Capital - can be a decisive force to bring an end to global poverty, ultimately creating a new gentler capitalism for more purposeful lives.

These businesses need leaders who are empathetic yet professional, caring yet focused on sustainability and flexible and adaptable in thinking yet focused on efficiency in operations.




Sabras, an impact enterprise owned by salt pan farmers in Little Rann of Kutch



New flavoured gourmet salt business initiative of Sabras with a potential to double incomes

Overview

Through an approach that combines entrepreneurship, design thinking and social impact, the MINT program equips its students with the tools to create successful impact enterprises.

The program guides active and aspiring entrepreneurs to:

  • • Use design thinking to create compelling solutions to social needs and aspirations
  • • Develop business solutions to profitably maximise social impact
  • • Develop the business strategies and leadership skills necessary to lead a successful social venture


Key Values

The MINT program is based on the following key values:

  • • Business strategy powered with design thinking
  • • Transformative models not the merely incremental
  • • Equipping participants with actionable business design thinking
  • • Taking the businesses from ideation to execution
  • • Team work, collaboration and partnerships
  • • Environmental, social, economic and cultural sustainability
  • • Nurturing creativity and leadership
  • • Enabling professionals to be successful social entrepreneurs


Who is MINT for?

The MINT program is ideally suited for:

  • • Entrepreneurs with existing social businesses to strengthen their business strategy and impact, and develop tools to raise funds from potential investors.
  • • Idea stage entrepreneurs to design and develop viable impact enterprise business models that they could launch and assess.
  • • Intrapreneurs working within the corporate sector who are interested in understanding the development sector ground-up, will get to work alongside social impact enterprises or NGOs.
  • • Investment managers from Social venture and Impact funds will have an in-depth understanding of the social businesses they could potentially invest in.
  • • Program managers in NGOs who want to assume leadership positions in their organisations.
  • • The CSR (corporate social responsibility) professionals from the corporate sector to develop effective CSR programs and lead CSR projects that have large social impact.


Who should apply for MINT?

The program is suited to those aspiring to become social entrepreneurs, impact enterprise leaders, and for those assuming leadership roles in philanthropic foundations, social venture funds and corporate companies.

To apply for this program, you should

  • • Be a Graduate degree holder (for the post-graduate degree for MINT, the certificate program accepts students who at least done an undergraduate diploma program)
  • • Can Speak and write fluent English
  • • Computer and Internet literate
  • • Can research, analyze and participate in group discussions
  • • Can work in teams as well as individually
  • • Having professional work experience is preferred
  • • Have strong aspiration to being a social impact entrepreneur
  • • Preferable if you have a feasible business idea (start-up or existing, profit or non-profit) with strong social/environmental impact


Modes of Learning offered by MINT.

During the 2-year MINT program, the students come for weeklong, intense, onsite (class-room based learning) leadership boot camps and then apply their newly gained knowledge and skills in their (mentor-supported) real-time projects on the field.

MODE 1: 2-year MINT program for National Students

6 sessions of week-long leadership boot camps (class-room based learning) per year with 3 weeks of Practice based research in the field in between each leadership boot camp.

The practice based research is supported by mentorship, field assignments and assessments. The practice based research can be in the enterprise the practitioner is working in, or is building or is assigned to.

Award: MA in Impact Entrepreneurship or Certificate in Impact Entrepreneurship based on Bangalore University’s recognition of undergraduate qualification.

MODE 2: 2-year MINT program for International students

6 sessions of week-long leadership boot camps (class-room based learning) per year with 3 weeks of Practice based research in the field in between each leadership boot camp.

The practice based research is supported by mentorship, field assignments and assessments. The practice based research will be in the enterprise the practitioner is assigned to in India.

Award: MA in Impact Entrepreneurship or Diploma in Impact Entrepreneurship based on Bangalore University’s recognition of undergraduate qualification. Students will have to arrange for proof of equivalency of their undergraduate degrees to qualify for the Masters Award.

MODE 3: Certificate program for Working Professionals.

For working professionals who can attend only a select few week-long leadership boot camps.

This is meant for practitioners in the field who are desirous of only attending specific modules of the program and not the entire program. They will be awarded a certificate upon completion of each session.


Course Structure/Components

  • Tutorials: Master classes, workshops, seminars and study units including MOOCs, Webinars etc.
  • Studios, Labs and Circles: Immersive spaces and forums that foster making, experimenting, conversations, thinking and a sense of purpose and meaning.
  • Peer Circles: Participative opportunities for dialogue and reviews that can be facilitated and independent, face-to-face or via blogs, discussion board conversations, wiki creation.
  • Practice: Experiential, embodied, field-based research in the actual work environment in the field, mentoring by domain experts.
  • Electives: Engagement outside the disciplinary framework, that allows for extension and building connections. It can include visits to exhibitions, places, talks, walks, participation in workshops, studios, conferences and residencies esp for international students.
  • Presentation portfolio: Development of a reflective and curated presentation and business model with projections, which represents evidence of growth, development and application of research in professional practice over the duration of the course.
  • Pitching as Personal Mastery: Practice based research and its culmination in a business pitch environment to seasoned investors.


Learning Approach

Learn - Experience - Apply - Practice

Learning in the classroom is accompanied by experiencing the learning through workshops and quick exercises and then piloted in the field through a quick design, rapid prototype in a fail-forward through iteration model.
The toggling between classroom and enterprise in action with mentoring allows for rapid “pilot and hone“ business model building.

Peer learning opportunities are provided by the boot camps.


Capability Sets

Through attending the MINT program, you can acquire the following capabilities:

  • • Understanding Market and Customer.
  • • Product- service- delivery system.
  • • Business Research Methods and Statistics.
  • • Design Research methods and qualitative analysis.
  • • Need finding.




Tribal shg group member collecting leaves for “green” plate making enterprise in Odisha being incubated through the Mint program, potential increase in income is 5X

CLARIFYING

  • • Design thinking
  • • Aspiration fulfilment
  • • Strategy and building Business Models
  • • Business Ethics for Entrepreneurs
  • • Leadership and Innovation
  • • Systems thinking
  • • Creativity, Play, Brainstorming

CAPACITY

  • • Lean manufacturing techniques
  • • Human Resources Management
  • • Attract Engage and retain smart creative talent
  • • Agile Project Management
  • • Logistics Management

CONNECTION

  • • Creating Organization culture and behavior
  • • Understanding brand and communication
  • • Marketing
  • • Networking
  • • IT for Grass-root applications
  • • Collaboration

CAPITAL

  • • Financial projection
  • • Accounting and finance basics
  • • Pitch preparation

CONFIDENCE

  • • Presentation skills
  • • Pitching
  • • Business & Law
  • • Scaling Strategies
  • • Meet Successful Entrepreneurs
  • • Corporate Governance, Legal Issues and intellectual property
  • • Business Communication


Opportunities

  • Entrepreneurs with existing businesses strengthen their businesses and link up with potential investors.
  • Idea stage entrepreneurs build up concrete and viable business models that they can launch.
  • Corporate Intrapreneurs interested in the sector get to work with Impact Enterprises or NGOs.
  • As Investment managers in Impact funds who have an understanding of the entrepreneurs they will invest in
  • As Program managers in NGOs
  • As CSR manager in corporates


Specific Requirements for specialisation in Impact Entrepreneurship (MINT):

Applicants must be strongly oriented to being an entrepreneur. Specifically, prospective applicants must have:

  • A feasible business idea (start-up or existing, profit or non-profit) with strong social/environmental impact;
  • A minimum of a three-year University degree; work experience is preferable
  • English Proficiency;
  • Computer and internet literacy;
  • Regular access to IT resources.




Participants spend time in class and in the field

Enquiries

This course is led by Jacob Mathew.
For further information, kindly email Jacob Mathew at jacob.mathew@srishti.ac.in



Disciplinary Intersections

This specialisation is informed by related learning disciplines like

Branding and Communication
Design Thinking
Strategic Communication
Sustainability
Systems and Service Design


Research and Collaboration

The MINT program offers its students opportunities to connect with artists and designers from a range of research and practice labs and centres based at Srishti.
These include:

 


View Eligibility for Admission, Fee Schedule, Application Form & Other information for this Program >>