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Venture Capital & Private Equity (VCPE) Programme

Command the VCPE Landscape with Strategic Foresight

  • Eligible for IIM Lucknow Executive Alumni status
  • Hands-on valuation, deal structuring & analysis
  • Learn with IIM Lucknow, #5 in India (NIRF Management 2025)
  • Live online learning with in-person faculty sessions
Work Experience

Round Application Deadline

Upcoming application deadline: Invalid liquid data | App fee: Invalid liquid data

About the IIM Lucknow VCPE Programme

The Venture Capital and Private Equity Programme by IIM Lucknow is designed to help professionals in their journey to acquire the knowledge and practical frameworks needed to navigate the entire investment lifecycle – from market analysis and deal sourcing to valuation, portfolio management, and exit planning.

Designed for India’s rapidly expanding investment ecosystem, the programme blends academic rigour with real-world relevance, combining theory with the practical mechanics of venture capital and private equity. Participants gain exposure to early-stage investing, buyouts, growth capital, and impact-driven funds, supported by insights into India’s regulatory and financial landscape.

You will gain hands-on experience through live-online faculty sessions, valuation modelling, case discussions on early-stage and buyout investments, workshops on structuring and negotiation, and a team-based capstone project. By the end of the programme, you will gain a structured understanding of how to evaluate, structure, and manage investments across high-growth and established businesses, while developing a nuanced appreciation of India’s venture capital and private equity landscape.

USD 85 Bn

the expected size of India’s VCPE market in 2025, up from USD 43 billion in 2024
Source: Mordor Intelligence

20%

India’s share of APAC’S VCPE market by value, making it 2nd largest investment hub
Source: Entrepreneur India

USD 232 Bn

Estimated size of India’s VCPE market by 2030
Source: Mordor Intelligence

Programme Highlights

Program Highlights 3-hour weekly live online

Faculty-led live online learning

120+ hours of live online and in-person learning with faculty and industry experts

Program Highlights Rigorous 10-module

Hands-on VC & PE curriculum

Rigorous 10-module curriculum covering the VCPE lifecycle—from deal sourcing to exits

Program Highlights campus

3-day campus immersion at IIM Lucknow

In-person learning focused on leadership, strategic decision-making, and peer networking

Program Highlights hands-on workshops

Applied VCPE workshops

Practical workshops on valuation, deal structuring, fundraising, and investment analysis

Program Highlights programme payment

Cutting-edge VCPE perspectives

Advanced modules on AI in VCPE, modern deal sourcing, and evolving valuation metrics

Program Highlights capstone

Faculty-guided capstone project

Simulated VC/PE fund management capstone for real-world application

Program Highlights Certificate

Certificate from IIM Lucknow

Earn a recognised certificate from IIM Lucknow (#5 B-school in India, NIRF 2025)

Program Highlights alumni status

Executive Education Alumni status

Access IIM Lucknow Executive Alumni privileges and a lifelong professional network

Learning Outcomes

Venture Capital Mastery

  • Evaluate and structure early-stage investment opportunities

  • Develop and critique sector-specific VC investment theses

  • Navigate term sheets, co-investments, and negotiation strategies

Private Equity Expertise

  • Assess and execute buyouts and complex PE deals

  • Optimise portfolio performance and plan exits

  • Analyse, model, and execute value-creation strategies

Leadership, Ethics & Impact

  • Strengthen decision-making in uncertain environments.

  • Explore approaches to effective communication and teamwork

  • Appreciate ethics, governance, ESG, and impact investing principles

Who Can Benefit from the IIM Lucknow VCPE Programme

This programme is built for professionals ready to lead VCPE activity end-to-end.

  • Investment Professionals: Bankers, VCPE associates, M&A and risk advisors seeking deal mastery.

  • Startup Leaders & Angel Investors: Founders and investors sharpening investment judgement and operational oversight.

  • Corporate Strategists: Corporate and business development leaders who want to strengthen financial modelling and negotiation skills.

  • Finance Specialists: CAs and finance pros transitioning into funds or fund-facing roles.

  • Domain Experts & Entrepreneurs: Tech specialists, consultants and advisors aiming to back or run portfolio businesses

Eligibility:

  • Any Graduate (10+2+3)/Diploma holder (10+2+3)/Postgraduate with a minimum of 2 years of work experience as on 31 March, 2026

  • Candidate should have a minimum of 50% marks in Graduation/Diploma/Postgraduate

  • Candidate should be currently working at the time of filling up the application form

Immersive, Creative Pedagogy

From practical learning to real-world impact to campus experiences, the pedagogy is structured to encourage a rich, diverse experience that sharpens competence and elevates confidence.

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#1: Hands-on workshops and learning activities: Learn by doing

In a series of immersive workshop sessions and learning activities, participants appreciate critical aspects of VCPE:

  • Financial modeling for early-stage ventures

  • Valuation approaches for established firms

  • Negotiation fundamentals through case discussions

  • Post-investment scenario analysis

  • Venture fundraising simulations

  • AI and emerging-tech investment opportunities

  • Capitalisation table analysis

  • Deal sourcing and due-diligence review

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#2: Guided capstone project: Achieve real-time impact

Participants will work in teams to manage a simulated fund, applying their learnings across the entire investment lifecycle:

  • Identify high-potential sectors/ themes

  • Evaluating companies and analysing financials

  • Building a diversified rational portfolio

  • Measure and optimise returns, and plan exits

  • Collaborate to mirror real-world fund management

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#3: Campus immersion: Collaborate on ground

A 3-day campus immersion designed to provide a practical and interactive learning experience that strengthens soft skills, leadership, and collaboration.

  • Engages participants in simulated games and team-based activities.

  • Builds soft skills, leadership acumen, and collaborative capabilities.

  • Provides a platform for participants to present their Capstone project outcomes.

  • Facilitates peer learning and meaningful networking opportunities.

  • Enables application of VCPE concepts in a dynamic, real-world setting.

Note: The mentioned workshop list is indicative. It can change as per faculty discretion.

IIM Lucknow Venture Capital and Private Equity Programme Modules

Led by IIM Lucknow faculty, expect a blend of practical modules and workshops.

  • New Business Models and Tech driving businesses: Fintech, Enterprise Tech, Edu Teach, HealthTech etc

  • ARR, ARPU, CLV, CAC, Retention and Churn Rate, Cash Burn, IRR, and Return Metrics

  • Enterprise and Startup Valuation Techniques

  • Practical Financial Modeling Skills (Excel/Python)

  • Workshop: valuation model for a startup

  • Workshop: Capitalization Tables: Building and Manipulation

  • Workshop: valuation model for a mature business

  • Understand VC fund setups

  • Map VC ecosystems by charting sector stakeholders and incentive structures

  • Investigate and compare funding journeys in Emerging Sectors: AI, ClimateTech, HealthTech, and FinTech

  • Identifying the right Metrics for VC Deals and understanding Deal Structuring in VC

  • Returns in Private Equity Investments: Benchmarking / Metrics used for measuring return

  • Frameworks to conduct sourcing—screen and rank deals, Marketing of the PE fund

  • How to Draft and critique a sector-specific VC investment thesis

  • Due diligence process and techniques in VC context

  • Deepdive VC term sheets (SAFE, preferred, convertibles)

  • Role-play negotiations as founders and VCs

  • Changing Deal flows from time to time

  • Workshops: model and test cap table dilution and scenario impacts

  • VC fundraising process and LP-GP meeting pitches

  • Understand how to Design, implement, and troubleshoot 100-day post-investment plans

  • Exit Strategies for Complex Investments in VC

  • Value Creation and Portfolio Optimization in VC

  • Role of Price and Value in a Portfolio Management

  • The Private Equity Landscape and Perspectives on global buyout trends

  • Learn to create industry maps through research on PE market players and sectors

  • PE fund setup and deal preperation

  • How to design PE fund structure for targeted buyout scenarios

  • PE Deal Sourcing techniques

  • Due diligence process and red-flag identification frameworks

  • Metrics Used in PE Valuations

  • LBO analysis and financial modelling

  • Term Sheets and Cash Flow in PE - adjusting leverage, earnout, and ratchet clauses

  • PE financing opportunities and value creation mechanisms

  • Applying value creation levers to improve underperformance

  • PE performance measurement and due diligence

  • PE post-deal scenarios, identify market maturation markers and assess exit strategies (Exit Innovation: SPACs, Direct Listings, and Dual-Track Processes

  • Emerging Technologies and AI Disruptions in VC

  • AI and future trends in PE

  • Generative AI and Specialized Sector Applications

  • Impact investing and investment for ESG, and Evaluating trade-offs between impact and financial returns

  • Alternative Investment Strategies

  • Ethics, Credit Volatility, and Compliance in VC and PE Investments and current global standards

  • Global VCPE Markets and Cross-Border Investing: analyzing risk, compliance, and opportunity, and De-Globalization’s Impact on VC/PE

  • Negotiation Techniques for VCPE Leadership

  • Risk Management and Liquidity in VC and PE Investments

Programme Directors

This programme is led by distinguished IIM Lucknow faculty with deep industry experience, research excellence, and real-world investment expertise.

IIML-VCPE Prakash Singh
Prakash Singh

Associate Professor, Finance and Accounting

Dr. Prakash is a B.E in Mechanical Engineering from HBTI, Kanpur, an MBA from Lucknow University, and a PhD from BITS, Pilani. His research interests include performance and r...

IIML-VCPE Pradeep Kumar
Pradeep Kumar

Professor, Information Technology and Systems

Dr. Pradeep has taught topics such as Big Data Analytics, Data Warehousing, and Management Information Systems to post graduate management students for 10 years. In the past, ...

The IIM Lucknow Advantage

#5

Management category (NIRF India Ranking, 2025)

#57

Masters in Management (FT Global Ranking, 2025)

#71

Global MBA (FT Global Ranking, 2025)
Programme Certificate

Programme Certificate

Upon successful completion of the programme, with a minimum 75% attendance and satisfactory academic performance, participants will be awarded a certificate of completion and will be eligible to receive IIM Lucknow’s Executive Alumni Status (optional).

The cumulative overall percentage of marks should be 50% and above. Those participants who do not meet these criteria will receive a certificate of participation from IIM Lucknow. No certificate shall be awarded if the attendance is less than 40%.

We encourage you to attend all the live sessions and make the best out of these interactive learning experiences.

Note: The certificate shown above is for illustrative purposes only and may not be an exact prototype of the actual certificate. IIM Lucknow reserves the right to change the certificate and specifications without notice.

IIM Lucknow Executive Alumni Status Benefits

Upon completion of the programme, participants will need to register with a one-time registration fee of INR 10,000 + GST to receive the prestigious IIM Lucknow Executive Alumni Status (optional). The benefits include:

  • Receipt of all IIM Lucknow programme brochures and newsletters along with details of souvenirs available with MDP Office

  • Lifelong access to a network of distinguished IIM Lucknow Executive Alumni

  • Access to the IIM Lucknow Campus Library (on-site access)

  • 10% discount in fee for any additional programme (Open programme, Online) at IIM Lucknow (Lucknow and Noida campus)

  • 10% group discount on the fee for reference of participants (minimum group of five)

Note: The Executive Alumni benefits are subject to the discretion of IIM Lucknow.

Pay Later - Finance Options

Programme Fee

Maximum Loan Amount Available

Tenure (months)

EMI

INR 3,20,000 + GST

INR 3,58,720

48

INR 10,942

Note:

  • The above EMI's are indicative. The EMI's offered by each of the loan providers might vary from the above figures, depending upon tenure and loan amount to be disbursed.

  • Other EMI tenures available (Months): 6/12/18/24/30/36/42

The Learning Experience

Join a global community of 300,000+ professionals across 200 countries who have advanced their careers with Emeritus. In a recent survey, 9 out of 10 learners said their expectations were met or exceeded.

From day one, you’ll get access to carefully designed course material, live interactions, and a structured cohort-based journey that keeps you on track. Our approach blends flexibility with accountability—so you don’t just start, you finish strong.

And you’re never on your own. A dedicated program support team is available 7 days a week to guide you with platform queries, technical support, or any learning-related questions—so you can focus on what really matters: your growth.

A dedicated programme support team is available 7 days a week to answer questions about the learning platform, technical issues, or anything else that may affect your learning experience.

Frequently Asked Questions

The IIM Lucknow Venture Capital & Private Equity Programme, a one-of-a-kind VCPE course, is designed for Graduate (10+2+3)/Diploma holder (10+2+3)/Postgraduate with a minimum of 2+ years of work experience as on the Programme Start Date i.e., Technical Orientation Date. Candidate should have a minimum of 50% marks in Graduation/Diploma/Postgraduate. Candidate should be currently working at the time of filling up the application form. Note: Selection Criteria will however be based on candidate’s background and experience

IIM Lucknow VCPE Programme is designed for professionals, with 2+ years of work experience, aspiring to break into the venture capital and private equity industry or those looking to deepen their understanding of the field. It is ideal for entrepreneurs, investment professionals, and business executives who want to develop a strategic approach to venture capital investments.

The curriculum of the VCPE Programme by IIM Lucknow covers key aspects of the VCPE domain. By the end of this programme, learners will gain a structured understanding of how to evaluate, structure, and manage investments across high-growth and established businesses, while developing a nuanced appreciation of India’s venture capital and private equity landscape.

This course includes live online sessions conducted by IIM Lucknow faculty, providing interactive and engaging learning experiences, which will provide a holistic VCPE training. Additionally, there’ll be five-day campus immersion in which the participants will get a chance to interact with like-minded peers and CXOs.

The total fee for the IIM Lucknow Venture Capital and Private Equity Programme is INR 3,20,000+ GST.

Yes, flexible payment options are available, including installment plans to help manage the fee payment for this VCPE course. Detailed information about these options can be obtained from the program advisors.

IIM Lucknow Venture Capital and Private Equity Programme stands out due to its curriculum, which is designed by renowned IIML faculty. The programme emphasises practical learning through case studies and real-world applications, preparing participants to navigate the complexities of venture capital and private equity markets.

On completing the programme, you will be awarded a Certificate in Venture Capital and Private Equity, and you become eligible to apply for an ‘Executive Alumni’ badge from IIML. Each participant is expected to have 75% and above attendance for a successful completion certificate. The COPM (Cumulative Overall Percentage of Marks) should be 50% and above. If a student does not fulfil any of the above criteria, then they will be given a “Certificate of Participation” from IIM Lucknow, though there is no certificate provided if attendance is less than 40%.

The IIML VCPE programme includes a 3-day campus immersion wherein participants can collaborate and network with like-minded peers and CXOs. The programme's delivery is live online during which the participants can interact with peers from their cohorts.

On successful completion of the programme, participants will be eligible for the prestigious IIM Lucknow Executive Alumni Status. These participants will subsequently receive the alumni registration details from IIM Lucknow.

Early registrations are encouraged. Seats fill up quickly!

Flexible payment options available.

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