MBA in Entrepreneurship

MBA in Entrepreneurship has become one of the preferred MBA programmes with the focus on ‘start up India’.  MBA Entrepreneurship is offered as a specialization within the General MBA or as a standalone specialized MBA in Entrepreneurship & Family Business; MBA Entrepreneurship & Innovation and with other titles. Key highlights of MBA in Entrepreneurship course are:

• MBA Entrepreneurship is AICTE approved or UGC Recognized 2 Years full time programme
• MBA in Entrepreneurship Job and Career Options offer leadership roles with diverse ideas on launching of business, its financing options, making a choice of right venture. Some institutes also arrange for finances to start the entrepreneurship venture.
• MBA in Entrepreneurship programme improves leadership skills in business management, offers balance between theory, skill, and practice
• MBA in Entrepreneurship syllabus is designed in such a way that it enables the students to identify, analyse, and validate the business idea; Acquire the knowledge and skills needed to launch and fund it; Develop a professional entrepreneurial network needed to succeed
• Top MBA colleges offering MBA in Entrepreneurship include IIM Ahmedabad, IIM Kozhikode, IIM Lucknow, IIM Nagpur, XLRI, MDI, FMS Delhi, NMIMS Mumbai, SIBM Pune among others.

The table below includes important points related to MBA in Entrepreneurship course:

The MBA in Entrepreneurship course and MBA Entrepreneurship subjects in its Syllabus are designed in such a way that the Management graduate is able to inculcate entrepreneurial thinking and action with Integrated learning. The students get real world hands on experience with simulated learning. The pedagogic approach is case based learnings that makes it realistic. Many colleges offer international exposure and connect along with exposure to existing businesses in India. Important MBA in Entrepreneurship Subjects as included in the syllabus of top MBA colleges are:

• Problem Articulation leading to defining the parameters of your initial idea
• Management Process & Organisation Behaviour
• Management Information System
• Production Management
• Solution Designing, Preparing, validating, and testing the solution
• Legal Aspects of Business
• Market Research Methodology
• Business Planning, converting the business idea and solution into a feasible business plan for implementation
• Strategic Management & Business Policy
• International Business Management
• Immersive Learning Experience in domestic and international business
• Experiential Learning by Working with an entrepreneur, Venture capitalist, incubator, international partner institution for practical experience  
• Marketing and Fund Raising, Preparing the students how to raise funds and launch business venture

Career Scope of MBA in Entrepreneurship is very wide as it opens leadership and entrepreneurship venture avenues. An MBA in Entrepreneurship can groom his career in as an Entrepreneur by launching business venture, can join family business and become instrumental in growth of family business; Can bring more innovation by introducing new ideas or can also join corporate sector to have hands one practical experience in the company. 
 
1 MBA in Entrepreneurship Job Profiles
Graduates in MBA in Entrepreneurship are encouraged to launch their own venture on completion of the MBA Entrepreneurship course. However, if they wish to join the corporate sector, the MBA Entrepreneurship job profiles are offered in a wide range. The professionals get attractive designations and handsome salary packages. Shared below are the key roles and profiles offered to MBA Entrepreneurship professionals:

• Marketing Manager
• HR Manager
• Production Manager
• Sales Manager
• Data Analyst
• Finance Manager
• Operations Manager
• Department Manager
• Manager Administration

2 MBA in Entrepreneurship Salary
MBA in Entrepreneurship Salary after completion of the programme has no minimum or maximum limit as it depends upon the skill and leadership qualities of the students. However, for the students who plan to join corporate sector, the MBA Entrepreneurship salary go at par with flagship MBA programme. The average salary for MBA in Entrepreneurship graduate is in the range of  Rs.10 LPA to Rs.30 LPA depending upon the role and profile offered. 

3 MBA in Entrepreneurship Top Recruiters
While graduates with MBA Entrepreneurship are supposed to launch their own business, there are companies across the sectors including BFSI, FMCG, FMCD, IT/ITES, Consulting, Technology, among others look for the MBA in Entrepreneurship candidates. Some of the top recruiters who look for candidates with MBA in Entrepreneurship qualification include EY, HUL, ICICI Bank, Axis Bank, HSBC, Aditya Birla, IBM, Capgemini, BCG, Deloitte, CRISIL, J P Morgan, McKinsey, Bain & Co, Wipro among others. 

Management Colleges offering MBA in Entrepreneurship courses in India are many which offer MBA in Entrepreneurship with different nomenclature including MBA in Entrepreneurship and Family Business; MBA Entrepreneurship and Innovation; AICTE approved PGDM Entrepreneurship but with similar nature and coverage areas. The MBA in Entrepreneurship can be offered as 2 Years full time standalone programme; MBA Entrepreneurship part time programme, MBA Entrepreneurship Online Programme; MBA Entrepreneurship Distance Learning Programme; MBA Executive 1 year full time Executive Programme among others. Check below the top colleges for MBA in Information Technology Colleges & MBA Information Systems Colleges.

MBA in Entrepreneurship Admission process is like other MBA courses. The eligibility criteria for MBA Entrepreneurship Admission, Entrance exams leading to admission, cut offs are as below:

1 MBA in Entrepreneurship Eligibility Criteria
Three main points that determine MBA Entrepreneurship Eligibility Criteria are:

• Graduation from an AICTE approved or UGC recognized institute with minimum 50% marks
• Those who are in final year of graduation can also apply
• Candidates with work experience can apply   
• Applicant must have appeared in at least one of entrance exams accepted by the institute 

2 MBA in Entrepreneurship Entrance Exams 
MBA in Entreporeneurship colleges shortlist the applicants based on different MBA Entrance Exams as below:
IIMs, FMS, MDI accept CAT; XLRI accepts XAT; FORE, IMT, IMI, LBSIM accept CAT and XAT;
SIBM Pune, SCMHRD Pune, SIBM Bengaluru accept SNAP; NMIMS accepts only NMAT JBIMS accepts MAHCET and CAT; EDII Ahmedabad accepts CAT, XAT, CMAT, MAT

3 MBA in Entrepreneurship Cutoff
MBA in Entreprenurship Cutoff  for admission are at par with flagship MBA program and offers same level of learning experience 

4 Final Selection
After you are shortlisted for PI round, you need to appear in the final selection round. If selected by the institute, you have to deposit admission by the stipulated date.  

MBA in Entrepreneurship Fees differ from institute to Institute. While MBA Entrepreneurship Fee structure in IIMs is higher, the MBA Entrepreneurship fess at other B-schools like FMS, EDII, JBIMS, PUMBA is very less. Check below the MBA Entrepreneurship program fees in the top MBA colleges offering this program.

To summarize, MBA in Entrepreneurship is a good choice for MBA aspirants who intend to launch their own ventures as entrepreneurs and have an entrepreneurial mindset, risk-taking capacity, passion for creativity and hard work. 
 
This completes our article on MBA in Entrepreneurship. We hope you found this article helpful. Check below the top MBA colleges offering MBA in Entrepreneurship as specialized programme, stand alone programme with complete programme details. Also check out more Specialized MBA Programs to help you decide the right program for you.