MASTERS PROGRAM IN ENTREPRENEURSHIP AND INNOVATION - ENAE - MBA

Program eligibility criteria for any of SNATIKA Masters Programs are broadly divided into two audiences: Graduate/Post Graduate: Any learner whose highest academic qualification is a post-graduation/graduation can apply for the desired program.

To be eligible for SNATIKA’s MBA in Entrepreneurship and Innovation, applicants must meet the following criteria:

o Educational Background:

o A Bachelors degree from a recognized institution in any discipline.

o Preference for candidates with degrees in business, management, commerce, engineering, or related fields.

o Work Experience:

o Minimum of 2-3 years of professional experience is preferred, particularly in roles related to business, start-ups, or management.

o Entrepreneurial experience (running a business, working in a start-up, or launching a project) will be highly regarded.

o Entrepreneurial Aptitude:

o Submission of a Statement of Purpose (SOP) detailing the candidate’s entrepreneurial aspirations, past experiences, and how the program aligns with their goals

o Additional Requirements:

An interview will be conducted as part of the selection process to assess the candidate's entrepreneurial mindset.

1. Aspiring Entrepreneurs

2. Early-Stage Entrepreneurs

3. Future Entrepreneurs

It is a 5-step admission process as mentioned below:

Step 1 – Fill out the Admission Application Form online and upload the requested documents including academic transcripts, a CV, and a Statement of Purpose (SOP) and submit.

Step 2 – The application will be scrutinised for suitability by SNATIKA.

Step 3 – If satisfactory, the candidate is invited to an interview with the Director of Education (DOE) or an appropriate authority.

During the interview, the candidate’s motivation, work experience, and domain expertise are evaluated, along with their spoken English proficiency.

The interview can lead to one of three outcomes:

a) The candidate is shortlisted for the program.

b) The candidate is offered an alternate program better suited to their background.

c) The application is rejected.

Step 4 – If you are Shortlisted, you will receive the offer letter for joining the program.

Step 5 – You will need to make full payment of the program fee as guided in the offer letter. In case you are opting for an instalment option then you have to show your preference at the time of filling out your application form.

The complete admission application process is online. After registering on the SNATIKA website and verifying the email ID; applicants can start the process of submitting their online application. Before you start filling out the Admission Form make sure you have the following documents (digital copy)/details ready:

● Clear background Passport size photograph

● Copy of Passport / Valid photo ID – only the pages that include personal information

● Copy of Certificates and Transcripts of your last academic qualification

● Two references – professional

● A Statement of Purpose – 300 to 500 words (excluding spaces) - summarise your academic interests and your reasons for choosing the desired program

● An updated CV

● For incubation support from AIC-GIM, other details such as Aadhar, incorporation certificate (if applicable), PAN number etc will be required.  

Statement of Purpose should be 300 to 500 words and include information about your past and current academic and professional history, your future goals and reasons for pursuing the selected program, and other pertinent details that will help us evaluate you as a candidate. Applicants are also evaluated on their proficiency in written English.

Please submit the transcripts of your last academic qualification. You need only digital copies of the same to be uploaded during your online admission application submission.

If the official transcripts and/or degree certificate(s) are not in English, our program requires an official English translation for processing your admission form. Self-attested copies of original academic documents are accepted.

Applicants whose first language is not English must demonstrate their English proficiency by submitting scores from a standardised English Language Proficiency Test. For more details please write to us at admissions@snatika.com

Do I need to speak English to attend a program?

No, admission is only assured once you receive your admission offer letter post your personal interview with the academic committee. Your admission is only guaranteed by making the necessary payments as per the agreed schedule.

Yes, an admissions interview is required of all SNATIKA program applicants. This is scheduled after your application is accepted by our admission team. You are issued an offer letter only after you clear the interview. The interview is done by a senior member of the academic committee normally by the Director of Education or Head of Department.

Your interview will be a one-on-one discussion with a senior member of the admissions committee. You will share your career progression story, and your reasons for pursuing the SNATIKA program, and will have an opportunity to learn more about SNATIKA. During the interview, your English language skills and your domain experience related to the program applied for will be verified. The interview typically lasts 30-45 minutes. All such meetings are done virtually; applicants needn’t travel anywhere for the same.

We expect learners to hold full-time employment throughout the program. As members of a professional learning community, learners bring real-world experience and can immediately apply academic concepts gained through assignments/projects in their workplaces. However, the Admissions Committee is willing to review and consider applicants who currently do not hold full-time positions

Financial corporate sponsorship is not a factor in the admissions process. We have both self-funded and corporate-sponsored learners undergoing our programs.

Candidates who are receiving full or partial financial sponsorship from their employers should report this information post submitting the online admission application to admissions@snatika.com.

The program is open to applicants from all nations. However incubation support is only provide to Indian nationals.

The batch size for our programs is specifically limited due to various reasons, regulatory requirements; maximising learner experience and interaction with SME/Facilitators, and other operational reasons. Due to this limitation, often seats for a program date get filled much earlier than the last date. So, it's important to enrol early and to pay in full immediately to guarantee your seat in the program. In case seats are not available for a particular batch then, you can be placed on a waitlist for that iteration/program date. If a program seat becomes available (e.g. if another participant cancels, transfers to a different date, etc), wait-listed individuals will be contacted on a first-come, first-served basis. You can take early admission to the next drive to avoid such a situation.

To transfer or deferral to a different start date, an enrolled participant can submit a written request to the email: learnersupport@snatika.com. Transfer to the immediate next program start date is allowed free of cost only once. Any further transfer incurs batch transfer charges. Kindly check our terms & conditions section for the updated current charges.

All applicants will receive an Acknowledgement Letter via email at all steps starting from application submission to the offer letter. Applicants are requested to respond to such trail emails to keep track of their applications. Applicants can also write to admissions@snatika.com

Acceptance decisions are emailed with instructions to confirm acceptance along with the offer letter. The admission team will be in touch with you throughout the process.

● The learners will be formally inducted into the program on the program start date through a digital platform.

● After this, learners can begin by reviewing unit-level reading materials, after which they can take quizzes to assess their understanding.

● After completing the quiz, learners proceed to the project/assignment phase where they create their assignments.

● Upon submission, assignments are evaluated, and feedback is provided within 96 hours.

● This quick feedback cycle enables learners to make any necessary revisions and resubmit if they receive a "Refer" grade.

● The process continues until the assignment is successfully passed, ensuring ongoing guidance and support.

Learners are eligible for the following certifications after successful completion of the program:

- Master’s Program Certificate in Entrepreneurship and Innovation from SNATIKA

- MBA in Entrepreneurship and Innovation from ENAE Business School, Spain

The degree is awarded by our partner university ENAE Business School, Spain. Please visit your respective program page to learn more about the awarding university.

You will receive a physical certificate. All original certificates and academic transcripts would be couriered to the learners’ registered postal addresses.

Sample copies are displayed in our brochure (please go through the same) and they are also displayed on our website.

Yes, you will receive the same certificate. Whether you take the program online or in person, will not be specified on the certificate.

Will my unit of studies area appear on the certificate?

Yes, learners are provided with academic transcripts or mark sheets for all programs.

A transcript is proof of education. Official academic transcripts are your official record and include your program/s of study, the units you have undertaken, the grade achieved for each unit, the credit achieved for each unit, your cumulative credits, and the date your award was conferred. Learners who wish to pursue their Masters Degree need to provide the admission committee with a set of documents to support their previous academic qualifications. As proof of completing your post-graduation/ Masters, these documents are mandatory to justify your suitability for the program that you aspire to pursue. Transcripts are also required if you wish to migrate to countries like Canada / USA / Australia / Europe to have your degree equivalence from ECA (Education Credential Assessment) organisations like WES, ICAS, and IQAS.

Within 2-3 months you will be receiving all your certificates.

Yes, INR 1,000 needs to be paid at the time of submission. Applicant needs to pay the balance program fees only once the offer letter is awarded to block his seat for the program.

We accept payments only in INR.

You can pay your fee dues by either of the following modes: Online using your Debit / Credit Card or Bank Transfer SNATIKA also provides instalment options to its learners. To avail of this, you need to show your preference while applying for the program.

Learners will incur the following charges: Online payment (Credit/Debit Card) - All such payments are made through payment gateways. A non-refundable convenience fee and tax are charged by the payment gateway to the learner and this amount is charged for all card payments. SNATIKA does not receive any part of such charges. This convenience fee is paid in full and retained by the payment gateway. Bank Transfer/Wire Transfer – Banks would charge for the service rendered and any such charges need to be borne by the learner. The learner has to ensure that SNATIKA has to be paid as per the invoice amount in full.

You can only make payments through your registered login.

To check on payment status and/or other questions/assistance regarding billing, please email us at finance@snatika.com.

Please go to the respective Program page to see the fee details listed.

Do I have to pay the Full Fee for the Program in Advance?

Yes, Non-payment of fees (whether in full or as per the instalment option would lead to suspension of services from SNATIKA. This will not only halt the pursuit of the program but would also lead to holding back transcripts/certificates/degrees because of the due amount.

For specific program-related benefits for our alumni/existing learners, please reference your details along with the program of interest to admissions@snatika.com.

For learners who have taken a loan through SNATIKA’s financial partners, the financial institution provides the following loan foreclosure facilities:

Loan Tenure availed: 24 months / 48 months

● The borrower may either continue to service the EMI as per schedule or choose to pre-close the entire loan by paying the entire outstanding principal + foreclosure charges (2%+GST on total closure amount)*. * Might vary from bank to bank

● The borrower also has to pay an accrued interest + any penalties - Charges that may have been incurred during the tenure of the facility (If applicable in case of any default)

● There is no part-prepayment facility, loans can be foreclosed.

● Loans can only be foreclosed after a minimum period of 6 months or payment of 6 EMIs, whichever is later.

Loan Tenure availed: 12 months

● The borrower may either continue to service the EMI as per schedule or choose to pre-close the entire loan by paying the entire outstanding principal. There are no foreclosure charges.

● The borrower also has to pay an accrued interest + any penalties - Charges that may have been incurred during the tenure of the facility (If applicable in case of any defaults)

● There is no part-prepayment facility, loans can be foreclosed.

Loans can only be foreclosed at any time.

Assessment is conducted through, MCQ-based quizzes, Assignments and Dissertation Project

Learners must submit assignments exclusively through the LMS. Once submitted, the assignments are evaluated by an assessor, who provides feedback and suggestions for improvement, if necessary. Facilitators may also arrange virtual meetings or chatroom discussions to address widespread issues or common areas of difficulty. In cases where a topic raised by multiple learners requires clarification, the FAQ section may be updated.

Your assignments will be evaluated according to SNATIKA’s assessment criterion within 96 hours after submission. If the assignment is according to the standards, you are given the “Pass” grade and if not, the assignment is given a “Refer” status with additional suggestions from your Masters Guide to improve the assignment.

What if I’m unable to clear my Assignments? SNATIKA allows its learners to resubmit the referred assignments. You will be required to re-submit the assignment(s). For each resubmission, a fee of INR 5,000 (excluding any applicable taxes) will be charged.

All SNATIKA programs are assignment-driven and not on assessments. All learners have to submit projects/assignments during the program. There aren’t any exams that you have to attend. The structure of the program and other details are all there in our brochure/syllabus that you may download from our website www.snatika.com.

We have put together some tips and strategies to help you best manage and succeed in your course.

1. Start light.

2. Make a workspace for yourself.

3. Get good at time management.

4. Stay organised.

5. Use all your resources.

6. Technology is your friend.

7. Get into a routine.

The program is designed to be self-paced and very much digitally guided. However, if you still feel the need you can reach us by writing to learnersupport@snatika.com for any syllabus or learning-related query.

Learners can communicate with facilitators via email or phone, depending on the nature of the inquiry and the learner’s convenience.

Before reaching out to facilitators, learners are encouraged to check the FAQ section, as many common questions are addressed there.

You can reach out to us at learnersupport@snatika.com or raise a support ticket from your LMS log-in.

Do we get our program-related queries clarified directly by the university?

Our programs are developed purely for working professionals who want to excel in their respective streams. You should be investing 8-10 hrs a week in getting your assignments ready/submitted. If you put in your effort then you would surely clear the program.

1. Always strive to complete the course module without breaks for a better understanding

2. Try to finish the assignments as soon as you can after module completion as the study is still fresh in your mind.

3. Maintain your own mind-notes

4. Practice and revision will help you learn the course better.

We have a dedicated support team for you at each stage of your association with SNATIKA. We always suggest connecting via email to avoid taking time off of our learners who are senior professionals. To receive prompt & timely support, you may use any of these services for the following stages:

All new learning innovations are met with some degree of scrutiny, but scepticism subsides as methods become more mainstream. Such is the case for online learning. Studies indicate employers who are familiar with online degrees tend to view them more favourably, and more employers are acquainted with them than ever before. The majority of colleges now offer online degrees, including most public, not-for-profit, and Ivy League universities. Online learning is also increasingly prevalent in the workplace as more companies invest in web-based employee training and development programs.

1. You can apply for better job Opportunities around the world.

2. You can ask for improved remuneration and position at your current organisation.

3. You can gain direct entry into a doctorate/PhD program

The Curriculum at SNATIKA is designed in line with the International curriculums for professionals. Our association with various large academic institutions not only makes it possible for you to pursue a master’s program or excel in your present career but also proves that the curriculum design conforms to international standards.

SNATIKA Masters Programs have been designed exclusively for working professionals; wherein due value is given to the learner’s knowledge of her/his domain gained through years of experience of being in the industry. Our programs also acknowledge the time a working professional can spend during her/his busy schedule to earn her/his academic qualification. We also have considered our working professionals’ need to fast-track her/his academic journey. We have incorporated all these needs in our programs along with providing globally recognised qualifications. Most of the regular Masters programs are general programs that haven’t considered the above needs & are developed for the common masses. SNATIKA programs are specifically designed for working professionals who aspire for a globally recognised international qualification in their domain of expertise & experience.

ENAE Business School is a private, for-profit teaching university in Spain. It offers a variety of undergraduate and postgraduate programs with both blended and online distance learning delivery options. Its head office is in Murcia, Spain and is ranked #35 in QS International Trade Ranking - Masters and MBA 2024.

SNATIKA learners are awarded MBA, MSc, MA, BSc, and BA degrees from ENAE Business School.

SNATIKA is an approved partner of ENAE Business School, Spain.

AIC-GIM is the Atal Incubation Centre at Goa Institute of Management (GIM). It is supported by Atal Innovation Mission (AIM), a flagship initiative of the Government of India, established by NITI Aayog, to promote a culture of innovation and entrepreneurship across the country. It provides a platform for aspiring entrepreneurs to develop their ideas, access resources, and receive mentorship.

Yes, SNATIKA and AIC-GIM have partnered for this program.

SNATIKA only provides a course completion certificate (which means you have successfully completed the program) and doesn’t award a Degree/Diploma.

You can attend the convocation ceremony at the University to receive your Degree in person. Kindly refer to your welcome letter to confirm if your university provides you with this facility. SNATIKA certificate will be couriered to you. You need not visit us.