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CMAT Innovation and Entrepreneurship Section: Pattern, Syllabus, Type of Questions, How to Prepare

Last Updated on October 14, 2024 by Prof. SK Agarwal

CMAT 2025 exam question paper pattern contains five mandatory sections with Innovation and Entrepreneurship as the new compulsory section. With 20 questions is the new compulsory section Innovation and Entrepreneurship in CMAT 2025, this section is equally important in calculation of your CMAT score and percentile. Earlier this section was optional and many candidates avoided this section but no such choice is available for CMAT 2025 and all the candidates who appear in CMAT 2025 need to complete their CMAT Innovation and Entrepreneurship Preparation and must attempt the Innovation and Entrepreneurship Questions otherwise they will not be able to qualify the exam.

CMAT Includes Innovation & Entrepreneurship to Promote Entrepreneurship & Startup
This section has been included in CMAT exam to promote Entrepreneurship and Startups to ensure an unprecedented wave of long-deserved growth, prosperity and wellbeing that can serve the interests of the rest of the world as well as the spirit of New India. Creating a nation of job-creators and not just job-seekers is important for sustainable growth. As such there is the need for extensive collaboration between corporate industry, academia, and governments at the village, district, state and central levels. As many Indians are leading innovations in some of the largest and most innovative tech, medical, financial companies of the world including Google, Microsoft, IBM, Adobe, access to an innovative ecosystem in these developed countries has allowed many Indians to realise their aspirations, convert their dreams into realities, and helped them blossom to their full creative potential. 

The imperative in India is to ensure that an estimated 150 million youth of India entering the workforce over the next few years can realise their true potential through access to a world-class innovation and entrepreneurial ecosystem, leveraging rapidly advancing, accessible, affordable technologies transforming the world and enabling an incredible set of opportunities for innovation and new job creation.

Read below What is CMAT Innovation and Entrepreneurship, CMAT Innovation and Entrepreneurship Syllabus, type of questions, how to prepare for CMAT Innovation and Entrepreneurship 2025, best Innovation and Entrepreneurship CMAT Book and study material, among other details. But before checking out all about the new section in CMAT Innovation and Entrepreneurship 2025, let’s know the CMAT 2025 sectional composition, number of questions in each section and scoring scheme:

 The five Sections in CMAT 2025 paper pattern with number of questions and maximum scoring chances are as under:

CMAT 2025 Exam Sections
Number of Questions
Maximum Marks Section-wise
Language Comprehension  
 20
80
Quantitative Techniques and Data Interpretation
 20
80
Logical Reasoning
 20
80
General Awareness
 20
80
Innovation & Entrepreneurship
 20
80
Total Sections-5
100
400

Table of Content

  • 1. What is Innovation and Entrepreneurship Section in CMAT 2025?

  • 2. CMAT Innovation and Entrepreneurship Syllabus

  • 3. Innovation and Entrepreneurship Sample Questions for CMAT

  • 4. How to prepare for CMAT Innovation and Entrepreneurship 2025?

1. What is Innovation and Entrepreneurship Section in CMAT 2025?

  • Innovation and Entrepreneurship is recently included 5th Section in CMAT exam 
  • This section was included as optional section in CMAT 2021 with 25 questions and additional time limit of 30 minutes
  • Since 2022 it has been made the compulsory section
  • NTA CMAT Innovation and Entrepreneurship section 2025 consists of questions on Business & Economy, Latest Who’s Who, Comprehension passages among other topics
  • It is mandatory to attempt the Innovation and Entrepreneurship Questions for CMAT 2025 to qualify the exam
  • Total number of questions in CMAT 2025 are 100 with each of the 5 sections having 20 questions of MCQ type  
  • Total CMAT exam 2025 time duration including the 5th section is reduced to 3 hours as compared to 3½ hours earlier 
     
CMAT EXAM PATTERN 2024

2. CMAT Innovation and Entrepreneurship Syllabus

  • CMAT Syllabus is divided into five sections – Language Comprehension; Quantitative Techniques and Data Interpretation; Logical Reasoning; General Awareness and Innovation & Entrepreneurship 
  • Each of the five sections including CMAT Innovation and Entrepreneurship has equal weightage of 20% with 20 questions

2.1 CMAT Syllabus on Innovation and Entrepreneurship
The recently included new section in CMAT exam on Innovation and Entrepreneurship with 20 questions, covers comprehensive test on your knowledge regarding Innovative business practices, Government plans and policies, global entrepreneurs and personalities among others.

2.2 Key topics in CMAT Syllabus on Innovation & Entrepreneurship are

  • Government Publications, Policies and Practices on Innovation and Entrepreneurship for example who publishes Economic Survey of India; Publication of Gazettes; Process to Sell off the Assets of Bankrupt firm 
  • Launch of New Business Ventures with New Ideas like –Who launched the first live Payments Bank in India; Who launched Paytm, Ru Pay, UPI App based Tez, Bhim, etc.
  • Terminology-like Boot strapping, Auctioner, Liquidator, Mixed Economy, Tenacity, Neuroticism, Evironmental Scanning, Innovation Management, Start Ups, Overtrading, Difference among Proprietor, Partnership, Private Ltd firms and companies; Marketable Product, Patent, Trade Mark, Break Even Point 
  • Latest Who’s Who, Places, Books in News: For example – Which City in India is ranked as one of the five fastest growing start up cities in the world;  Title of Biography of JRD Tata; Which country is ranked no.1 in ease of doing business in last 5 years 
  • Process and Stages to Start Entrepreneurship Venture: You are supposed to know basics about the process like business viability; developing business plan; Key areas that help to understand feasibility of business
  • Comprehension Passage followed by Bunch of Questions: This key part of syllabus in this section is the Comprehension passage with 600-700 words, on any business or economy topic especially on entrepreneurship, innovation business plan or others. There is one passage which is followed by 10-12 questions on phrases used in passage, Statement & Arguments, true false, inferences from the passage, fill in the blanks among other type of questions

2.3 CMAT Innovation and Entrepreneurship Syllabus Topics as Shared by IMS Learning 
Prasad Sawant, faculty at IMS Coaching appeared in CMAT exam which also had the 5th section on Innovation and Entrepreneurship. According to him “There are broadly three areas that are tested in this section”:

  1. Reading Comprehension: The topic of the passage was ethnic minorities and financial institutions. So, one can expect to have a passage related to business/management/innovation/entrepreneurship, etc.
  2. Business GK/Current affairs: These involved direct questions related to business GK (organizations, founders, etc.) and current affairs (esp. focusing on Indian business). 3. Management/Innovation/Entrepreneurship questions: These are direct questions related to management concepts/fundamentals.
     
CMAT EXAM SYLLABUS 2024

3. Innovation and Entrepreneurship Sample Questions for CMAT

CMAT Innovation and Entrepreneurship Questions are based on all above topics but are not very difficult. All the questions are of MCQ type. The pattern of CMAT Previous Question Paper for Innovation and Entrepreneurship reflects that questions are not difficult. Below are shared some of the questions that were asked last year:

Q.1 Someone legally appointed to sell off the assets of a bankrupt is called
(1) An Auctioneer
(2) A liquidator
(3) A Terminator
(4) An advocate

Q.2 The term bootstrapping is often associated with
(1) Start-Ups
(2) Venture Capital Funds
(3) Financial institutions
(4) Non-Financial Institutions

Q. 3 Ru pay has been launched by
(1) National Securities Depository Limited
(2) National Payments Corporation of India
(3) Central Depository Services Limited
(4) Reserve Bank of India

Q.4 Mixed Economy refers to
(1) Coexistence of small and large industries
(2) Coexistence of agriculture and industry
(3) Coexistence of public and private sector
(4) Coexistence of domestic and foreign enterprises

Q.5 The idea and actions that explain how an entrepreneur will make his/her venture profitable and impactful is commonly referred to as
(1) Mission
(2) Goal
(3) Strategy
(4) Objective
 
Apart from the individual multiple choice questions, there is a comprehension passage of moderate difficulty in this section, on business, innovation in business, entrepreneurship followed 7-8 questions of MCQ type. It is like an RC Passage as you attempt in Language Comprehension section. Mr Prasad Sawant of IMS Coaching found the RC to be the area where one could have maximized the score. 
Attempt CMAT Mock Tests and Previous Question Papers

CMAT PREVIOUS YEAR QUESTION PAPER – CMAT 2024 SLOT 1

4. How to prepare for CMAT Innovation and Entrepreneurship 2025?

The newly added 5th section on Innovation & Entrepreneurship is a comprehensive test on your knowledge regarding Innovative business practices, Government plans and policies, global entrepreneurs, personalities among others.  The areas on which questions are framed and that you need to prepare for CMAT Innovation and Entrepreneurship 2025 are:

  • Concepts of innovation and business 
  • Innovation of the life cycle
  • Entrepreneurship and its Development 
  • Start ups, Make in India, How to start a venture 
  • Government policy and guidelines on Entrepreneurship

4.1 Best CMAT Preparation Books & Study Material for Innovation and Entrepreneurship
Some of the updated and comprehensive best books on CMAT Innovation and Entrepreneurship section as per the CMAT syllabus, study material, practice papers and questions are:

  • National Policy on Skill Development and Entrepreneurship - Published by Govt of India
  • Document on Atal Incubation Centre (AIC)
  • MSME Market Development Program by Govt of India
  • Woman Entrepreneurship Platform by Government of India  
  • Venture Capital Scheme by Govt of India
  • End to End Energy Efficiency Scheme of Govt of India
  • Standup India program by Govt of India
  • Innovation and Entrepreneurship by Peter F. Drucker 
  • Entrepreneurship & Innovation Management by R. Gopal

  
4.2 Tips from IMS on how to prepare for CMAT Innovation and Entrepreneurship 2025? 
In view of Prasad Sawant of IMS Learning, the questions related to comprehension passage are easier than on other topics. The management or innovation and entrepreneurship awareness are the trickiest to prepare for, especially for the students who have not studied it in any form during their graduation curriculum. Students who are from Commerce/BBA/BMS/BAF or allied backgrounds might have a slight advantage. He shares below the key tips on how to prepare for Innovation and Entrepreneurship section for CMAT 2025.

  • As the questions don’t need a lot of critical thinking, devoting around 20-25 minutes for this section in the first round should be sufficient. If time permits, you can always revisit the section in the second round. 
  • Avoid taking unnecessary risks if your overall attempts are on the lower side, but if your attempts are very high, it won’t hurt to take a few chances.
  • Your regular verbal and RC preparation should be sufficient and no extra preparation is required. This is because students are already prepared for the verbal section and also because it is a level playing field and everyone starts with the same information. 
  • For the business GK and current affairs, you can use the GK zone and compendium available in my IMS dashboard. 
  • For the management specific questions, IMS has a 5-parts compilation of notes (part 1, part 2, part 3, part 4, part 5) which collectively have 125 important pointers that you can refer 
  • A good free source ‘MIT Open Courseware’ is available to prepare for CMAT Innovation and Entrepreneurship section. You can search for a particular topic and get concise notes from the site of MIT. Skimming through these would be sufficient and you need not spend too much time on studying extremely technical concepts. 

Source: IMS Learning 
For example, Massachusetts Institute of Technology report on “Entrepreneurship and Innovation at MIT” examines the impact of MIT graduates who have founded and built for-profit companies. The report estimates that, as of 2014, living MIT alumni have launched more than 30,000 active companies, creating some 4.6 million jobs and generating $1.9 trillion in annual revenue. The cumulative result is the equivalent of the 10th largest economy in the world. The high-impact companies span a wide range of industries including A123 Systems, Akamai, iRobot, InVivo Therapeutics and Dropbox. The courses below represent a selection of the entrepreneurship-related courses. When arranged by topic these courses include topics on Finance, Law, Leadership, Marketing and Planning, Operations, Strategy and would be a good help in preparation for CMAT innovation and entrepreneurship section

Hope the above information is useful in understanding all about the NTA CMAT Innovation and Entrepreneurship section and its preparation plan. MBAUniverse.com is updating this page on regular basis to add most updated information from AICTE, NTA in regard to various aspects of this new section in CMAT. So, book mark this page to get maximum out of the guidance and tips on CMAT Innovation and Entrepreneurship section
 

CMAT PREVIOUS YEAR QUESTION PAPER – CMAT 2023 SLOT 1
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