NSRCEL's management programme to equip entrepreneurs for emerging economic environment

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
August 1, 2016
Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL), set up by the Indian Institute of Management Bangalore (IIMB), has announced admissions to the third batch.

The Management Programme for Entrepreneurs & Family Businesses (MPEFB 3), starting February 9, 2009.  

IIM B informed MBAUniverse.com that significant enhancements have been made to the course content, designed to support the learning needs of entrepreneurs, those who are starting their business, as well as those who feel the need to streamline and upgrade their business by acquiring advanced management skills. "This course provides an excellent opportunity for entrepreneurs to acquire much needed managerial skills. The format of the course helps them to accomplish this even as they continue to manage their business," says Professor K Kumar, Chairperson NSRCEL.

In the contemporary economic scenario, entrepreneurs need to up skill and update themselves with good business management concepts and practices, so as to cope with an ever more challenging business environment. Professor Kumar comments, "In today's competitive economic scenario, good insights into the fundamentals of business and state of the art management skills are very essential for entrepreneurs to succeed in their business. MPEFB goes a long way in helping entrepreneurs with these inputs."

Designed exclusively for entrepreneurs and owners of family businesses, MPEFB aims to enhance the quality of business management skills in entrepreneurial firms by proving a workable model for entrepreneurs to acquire such skills. The unique aspect of MPEFB is the realistic assumptions regarding the time constraints an entrepreneur faces, and the learning solutions that are customized for the candidates. Accordingly, leading-edge web-based e-learning methods are judiciously blended with traditional classroom teaching to provide reach and convenience.  

Admissions to the MPEFB are based on multiple criteria. The candidate needs to be a graduate in any discipline. All participants need to submit a 150 word statement of purpose along with the application. Participants are expected to be in the age group of 25-45 with some track record as entrepreneurs. The batch size of this programme is 60. The academic year will run from February 9, 2009 to February 5, 2010, over four terms. Last date for registrations to MPEFB 3 is December 7, 2008, informs IIM Bangalore.  

The Centre for Entrepreneurial Studies was set up by IIMB in 1994 with a grant from Canara Bank to provide learning and knowledge resources to Small & Medium Enterprises (SMEs), and to offer courses on Entrepreneurship and conduct research in related areas. A generous endowment from Mr. Nadathur S Raghavan, former Joint Managing Director of Infosys Technologies Ltd in October 1999 provide the impetus for further growth of the Centre. Now known as the Nadathur S Raghavan Centre for Entrepreneurial Learning, the Centre aims to be a world-class Centre of Excellence for seeding, nurturing and promoting entrepreneurship. The activities of NSRCEL are varied, and encompass areas such as teaching, research, short-term programmes, seminar/panel discussions, incubation facilities, and other activities to support development of entrepreneurship and entrepreneurs.

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