Masters Of Business Administration In Entrepreneurship

Masters Of Business Administration In Entrepreneurship

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What is an MBA in Entrepreneurship?

An MBA in Entrepreneurship is the perfect specialization for candidates looking to start a successful business venture. The degree usually includes a standard MBA curriculum alongside entrepreneurship-focused classes, such as venture capital and asset management.

What You Need to Study an MBA in Entrepreneurship

Each entrepreneurship-tailored MBA program will have different requirements. Generally, most b-schools will require the following:

  1. Three to five years of professional experience (although this can vary)
  2. An undergraduate degree
  3. A good GMAT/GRE score
  4. Employers’ recommendation

In terms of skills, you’ll need:

  1. Resilience
  2. Passion for entrepreneurship
  3. Proactive attitude
    MBA in Entrepreneurship – Course Content

While walking into the first course of an MBA in entrepreneurship with a business plan in hand isn't necessary, it can be helpful to know exactly what you want from your MBA. As with any other MBA career path, the clearer an idea you have, the more you’ll be able to get out of it.

However, if you don’t have a preformed business plan, don't worry – an MBA in entrepreneurship is built around helping you create and implement start-ups and new ventures. While it can be helpful, you might find that your MBA takes your preconceived notions and rips them to shreds. When it comes to start-ups in particular, who knows how the new ideas you’ll be exposed to and the people you’ll meet will inspire you?

Common entrepreneurship MBA courses include:

  1. Generating new start-up and venture ideas
  2. New venture feasibility
  3. Financing, managing, and marketing new ventures
  4. The legal structures behind a new business
  5. Sustaining a start-up
  6. Venture capital
  7. Entrepreneurial strategies
  8. Social innovation and entrepreneurship
  9. Product design and marketing
    On an entrepreneurship MBA, you might also have the opportunity to participate in venture capital competitions.

Highlights - MBA in Entrepreneurship Management

ParticularsValues
Degree NameMBA in Entrepreneurship Management
Degree TypePostgraduate
Degree DurationTwo years
Entrance ExamsCAT GMAT SNAP XAT
Eligibility CriteriaGraduation in any field
Admission processMerit and entrance test based
Cutoff-
Fees for the entire durationRs. 6 lakhs to Rs. 18 lakhs for the entire course
Average SalaryRs. 8 lakhs to Rs. 24 lakhs per annum
Job profilesIT Manager, Product Manager, Marketing Manager, Sales Executive, Logistics Manager, Entrepreneur
Top recruitersTCS, Wipro, Amazon, Google, Flipkart, Infosys, P Morgan Chase and Co., WNS Global Services, Accenture.
Semesters4

MBA in entrepreneurship: admission 

Admission to the course is offered on the basis of the score obtained by the candidate in an entrance exam. There may be a group discussion and personal interview round as well for shortlisting students for admission into the course. Generally, colleges or universities form a cumulative score considering the candidate's test score and the score obtained by him/her in the group discussion and personal interview rounds.

Given below is a brief description of the admission process.

  • Candidates are required to submit the application to the colleges or universities they are interested in.
  • Candidates must also register for the entrance exam they are interested in. Some of the most popular entrance exams conducted for offering admission into the course are cat, xat, nmat, mat, snap, cmat.
    Why Study MBA in Entrepreneurship?
  1. 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. 
  2. 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 gritties of running a business. 
  3. An MBA Course provides a safe and enriching place to brainstorm ideas and understand what is lacking in the plan. 

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

No admission details added yet.

MBA in Entrepreneurship: Eligibility?

Students seeking admission to the course must meet up with the following eligibility criteria.

  • One must possess a bachelor’s degree in any relevant discipline from a recognized college or university.
  • One must have a valid score in CAT/MAT/SNAP/XAT/NMAT/GMAT.

Work experience is not mandatory but is highly preferred.

MBA GD TopicsOne Year MBAMBA without Entrance Exams

Popular MBA Colleges in India

UPES, DehradunLPU University
Manipal UniversityMS Ramaiah
MIT WPUCGC Jhanjeri
BML Munjal University, GurgaonChandigarh University
GD GoenkaGNA University, Phagwara

Entrance Exams for MBA in Entrepreneurship?

In MBA entrance exams are conducted at the state level and national level. Following are the entrance exams conducted at the national and university level:

  • CAT
  • MAT
  • XAT
  • NMAT
  • CMAT
  • ATMA

  • A Quick Glance at the MBA in Entrepreneurship Entrance Exams:-

Aspirants need to apply for the entrance exam to get admission in desired entrance exams.

  • The exam patterns consist of sections including language comprehension, mathematics, data analysis, critical reasoning, Indian and global environment.
  • The time duration is approximately 120 to 180 minutes. 
  • The exam can be conducted online and offline. 
  • The syllabus and question pattern may change according to the university.

MBA in Entrepreneurship Management Syllabus

The Master of entrepreneurship degree includes a variety of topics as being an entrepreneur requires a bit of everything from accounts to human resources, market research to planning & execution, and industrial orientation to production & operations management.

Semester 1Semester 2
Fundamentals of EntrepreneurshipSocial Entrepreneurship
Principles and Practice of ManagementBusiness Environment
Principles of Marketing ManagementOperations Management
Accounting and Finance for ManagersCorporate Communication
Semester 3Semester 4
Entrepreneurial FinanceBusiness Environment and Ethics
Introduction to TaxationManaging Diversity
Production & OperationsRural and Industrial Marketing
Project managementLegal Aspects of Business
Contemporary Issues in StrategyTechnology Innovation and Sustainable Enterprise

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MBA in Entrepreneurship Management Fee Structure

Each university has a unique pricing structure for its MBA in Entrepreneurship Management programs. Depending on the resources they offer, management colleges choose the tuition structure for their MBA in Entrepreneurship Management. Around Rs. 8 lakhs to Rs. 10 lakhs is the typical annual fee range for an MBA programme.

Scope of MBA in Entrepreneurship Management

The scope of a Master of entrepreneurship degree 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’s 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 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.

Career Options After Completing MBA in Entrepreneurship Management

India is considered one of the top three investment destinations in the world. As per a report from PwC, it is expected that 2219 MNCs will emerge from India between 2010 and 2024. The mentioned figures reveal a promising future for entrepreneurship in India. It indicates that the youth of the country is going to be his/her own boss to make it a nation of entrepreneurs.

Presently more than 50 per cent of the overall country’s population is young. 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.

List of Career Options After Completing an MBA in Entrepreneurship Management

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.

Top Recruiters:

  • TCS
  • Wipro
  • Amazon
  • Google
  • Flipkart
  • Infosys
  • P Morgan Chase and Co.
  • WNS Global Services
  • 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. This MBA program 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 MBAIt 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. And, that’s why a more professional approach is required today to make an entrepreneurial venture a successful one in the competitive world.

Expected Salary After Completing MBA in Entrepreneurship Management

The salary one receives after the completion of an MBA in entrepreneurship management degree programme is completely variable and depends on different factors such as the skills one possesses, the job profile one has, and the company one works in. However, for an entry-level entrepreneurship management candidate with less than a year of experience, the average salary is around Rs. 6 lakhs per annum. For an intermediate-level candidate with at least three years of experience, the average salary is around Rs. 12 lakhs per annum. The top-level salary for a candidate with a minimum of 5 years of experience is around Rs. 15 lakhs to Rs. 20 lakhs per annum.

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Top MBA in Entrepreneurship Management Colleges in India

Top Master of Entrepreneurship degree colleges are the ones with good academic profiles, industrial training, course facilities provided, and placements. Candidates can find the list of top MBA in entrepreneurship management colleges in India mentioned in the table below:

UBS ChandigarhSchool of Management, Dr DY Patil University, Navi Mumbai
PSGIM CoimbatorePSG Tech Coimbatore
SIBM PuneMITSOM Pune
Amity Business School, NoidaGD Goenka School of Management, Gurgaon
GITAM School of International Business, VisakhapatnamSAGE University, Indore

Preparation Tips For MBA In Entrepreneurship

Listed Below Are Preparation Tips From Experts For Pursuing MBA In Entrepreneurship In India:

Get Hold Of The Syllabus: Make A List Of Topics-wise Strengths And Weaknesses And Rigorously Work On Them. Understand The Exam Pattern And Test Structure Of The Examination You Are Preparing To Make A Time-bound Exam Preparation Strategy.

Make A Month-Wise Preparation Plan: The Aspirants Can Go Through The Syllabus For The Examination They Are Preparing For And Make A Timetable Or Routine After Going Through The Syllabus. 

Be Creative: The Aspirant Also Needs To Polish His Critical Thinking And Creative Skills To Develop Innovative Ideas. 

Syllabus and Subjects for MBA in Entrepreneurship

The MBA Entrepreneurship course is a two-year degree program. It consists of 2 semesters each year. The program includes a range of projects, quizzes, and presentations. In some universities, students are expected to take any associated internship while pursuing a course.

Following are some topics that are covered under this course:

  1. Financial Management
  2. Managerial Economics
  3. Human Resource Management
  4. Product Management
  5. Legal Aspects of Business
  6. Operations Research
  7. Business Communication
  8. Strategic Management and Business
  9. Commercial Leasing 
  10. Business Ethics

No preparation guidance.