MBA in Entrepreneurship

MBA in Entrepreneurship is a two-year postgraduate degree that provides a distinct perspective on managerial and supervisory skills. The MBA in Entrepreneurship course equips individuals with the necessary knowledge, skills, and networks required to become innovators and entrepreneurs.

To be admitted to an MBA in Entrepreneurship, candidates must have a bachelor's degree in any subject, particularly Commerce, Accounting, or Statistics. Along with other disciplines on the MBA curriculum, the MBA Entrepreneurship subjects focus on entrepreneurship-focused subjects such as venture capital and asset management. MBA in Entrepreneurship admission is granted based on the candidate's performance in entrance exams like CAT, XAT, NMAT, MAT, SNAP, and CMAT. MBA in Entrepreneurship can be pursued at several colleges in India, including the prestigious Indian Institute of Management (IIMs). The fees for MBA in Entrepreneurship range between INR 5 Lakh to INR 25 Lakh.

This MBA program builds in students, the capability to create business ideas, convert these ideas into services or products, and then design a commercial project to take the business idea to the market. Once graduated with an MBA in Entrepreneurship, candidates can opt for job profiles such as Business Journalists, Business Consultants, Fundraisers and Development Officers, New Venture Developers, etc. The average salary that an MBA in Entrepreneurship graduate earns ranges between INR 4 LPA and 15 LPA.

Why Study an MBA in Entrepreneurship?

(i). An MBA degree provides students the opportunity to meet different people who are also associated with different businesses. This allows students to make new connections which will be beneficial to the student. 

(ii). MBA in Entrepreneurship provides students with knowledge related to global strategies, mergers and acquisitions, entrepreneur strategies, venture capital, and private equity which help students understand the nitty-gritty of running a business. 

(iii). An MBA Course provides a safe and enriching place to brainstorm ideas and understand what is lacking in the plan. 

(iv). MBA in Entrepreneurship prepares students to run an organization, students learn everything they need to from the mock sessions. 

(2). Admission Process

The MBA in Entrepreneurship course equips individuals with the necessary knowledge, skills, and networks required to become innovators and entrepreneurs. This MBA program builds in students, the capability to create business ideas, convert these ideas into services or products, and then design a commercial project to take the business idea to the market.

MBA in Entrepreneurship is a 2-year program spread across four semesters. One can pursue the MBA in Entrepreneurship course in full-time, part-time, online, and distance learning mode. The minimum eligibility criterion for this course is a bachelor’s degree in any discipline.

MBA in Entrepreneurship Management Eligibility Criteria

The MBA Entrepreneurship Management eligibility criteria are quite similar for every university. Students who are interested in starting their venture can pursue an MBA in Entrepreneurship Management course. Candidates then must satisfy all eligibility requirements as outlined in the admissions procedure. In this section, we have mentioned all the details of the MBA in Entrepreneurship Management eligibility criteria.

Candidates should complete a bachelor's degree in any discipline with at least a 50 percent aggregate score.

Some of the popular bachelor's degree programs are BBA, B.Tech. and B.Com.

Applicants must appear for the entrance exam, depending on the institution.

MBA Entrepreneurship Syllabus/Subjects

MBA Entrepreneurship Semester 1 Syllabus

1. Fundamentals of Entrepreneurship
2. Principles and Practice of Management
3. Principles of Marketing Management
4. Accounting and Finance for Managers

MBA Entrepreneurship Semester 2 Syllabus

1. Social Entrepreneurship
2. Business Environment
3. Operations Management
4. Corporate Communication

MBA Entrepreneurship Semester 3 Syllabus

1. Entrepreneurial Finance
2. Introduction to Taxation
3. Production & Operations
4. Project management
5. Contemporary Issues in Strategy

MBA Entrepreneurship Semester 4 Syllabus

1. Business Environment and Ethics
2. Managing Diversity
3. Rural and Industrial Marketing
4. Legal Aspects of Business
5. Technology Innovation and Sustainable Enterprise

MBA in Entrepreneurship demands its aspirants to have the best knowledge of management. Other general required skills are:

• Decisive and action-oriented Self-discipline and Integrity Business acumen
• Problem-solving Self-starter Analytical skills
• Leadership qualities Innovative and enterprising Knowledge of business and market
• Ability to take risk Pro-activeness Managerial Skills
• Strategic mindset Communication skills Observation skills
• Interest in Business and Marketing Strategic mindset Decision-making skills
• Critical thinking skills Awareness of the market and products 

MBA in Entrepreneurship Management Admission Process

The MBA in Entrepreneurship Management admission process varies based on the institution. Few institutions offer admission to the MBA in Entrepreneurship Management course based on the marks obtained in the entrance examination, some offer admission depending on the bachelor's degree’s marks. Some MBA in Entrepreneurship Management colleges provide MBA in Entrepreneurship Management admission on management quota. In the steps below, we have mentioned the MBA in Entrepreneurship Management admission process.

Candidates need to fill out the application form and pay the application fee during the form submission.

They are required to appear for the entrance examination for MBA in Entrepreneurship Management admission.

After qualifying for the entrance examination, candidates need to participate in the group discussion and personal interview round.

Shortlisted candidates then need to pay the MBA Entrepreneurship fees.

Document Required For MBA in Entrepreneurship Management

1. 10th Marksheet & Certificate.
2. 12th Marksheet & Certificate.
3. Graduation Marksheet First Year to Final Year.
4. Graduation Passing Certificate.
5. Transfer Certificate/ Leaving Certificate.
6. Gap Certificate if applicable.
7. Migration Certificate (Applicable for students from other Universities)
8. Nationality Certificate.

MBA Entrepreneurship Scope

The MBA Entrepreneurship scope is vast, and there are numerous employment opportunities available after graduation. Entrepreneurship plays a significant role in wealth creation and employment generation in India and it is very critical to the country’s growth and development. More than 60 per cent of the entrepreneurs are self-financed while the rest start their businesses through financial support from banks, angel investors, human resource management, or financial corporations.

The sector stores a huge potential for opportunities for the youth of the country. India’s first-generation mobile entrepreneurs and e-commerce have become angel investors which is a sign of the maturing of the start-up system in India. There are better options in employment for candidates with a higher degree program such as a PhD.

Recent trends show that every year lakhs of youngsters become entrepreneurs in order to take financial control of their lives at a very early age. Flipkart, Oyo Rooms, OLA, Zivame, CarDekho, Urban Ladder, PolicyBazaar, Hike, Zomato, and there are many more success stories of entrepreneurship in India.

MBA in Entrepreneurship Management Fee Structure

The MBA in Entrepreneurship Management fees can range from Rs. 25000 to Rs. 18.24 lakhs. The MBA in Entrepreneurship Management fees of attending a college vary depending on a number of factors, including its ranking, prestige, and types of institutions, whether the school is public or private.

Career Options After Completing an MBA in Entrepreneurship Management

In this section, we have mentioned the careers that can be pursued after completing MBA in Entrepreneurship Management course.

Entrepreneurs: Entrepreneurs are professionals who own their own businesses and work in different fields on their own start-ups. An entrepreneur manages the complete business and works at every aspect of the business.

Manager: A manager is a professional who is responsible for managing the complete department of an organisation. A manager supervises and manages all the tasks, team members, and deadlines.

Marketing Manager: A marketing manager is a professional who is responsible for managing the complete marketing tactics of an organisation. A marketing manager oversees the marketing campaigns and ensures all the targets are met.

1. TCS
2. Flipkart
3. Wipro
4. Infosys
5. Amazon
6. P Morgan Chase and Co.
7. Google
8. Accenture

Benefits of Studying MBA in Entrepreneurship Management

MBA in Entrepreneurship Management programme allows a student to polish his or her skills to become an entrepreneur. An MBA in Entrepreneurship allows a student to understand the operational and financial needs along with the market requirements of a business. The skills learned, knowledge gained, and connections made during your education are all benefits of an MBA. It helps in adding a professional approach to the traditional style of entrepreneurship. Tata, Mahindra, Ambani, and Birla are a few highly successful examples of last-generation entrepreneurship. However, the modes of business have changed today. Almost all businesses require a digital platform and IT interventions to grow.