MBA in Entrepreneurship is a 2- year full-time program spread over 4 semesters. The minimum eligibility criterion for this course is a bachelor’s degree in any discipline from a recognized university with a minimum aggregate score of 50% and a valid test score in any of the All India Management Tests like CAT, MAT, XAT, CMAT amongst others.
Top Institutes offering MBA in Entrepreneurship are:
The average tuition fee charged in India for this course ranges between INR 3.8 to 4.7 Lacs.
MBA in Entrepreneurship course imparts knowledge to students on how to become successful entrepreneurs. The course is a study of teaching how to transform innovations into economic goods. It overall helps aspirants to understand the whole business acumen.
MBA in Entrepreneurship postgraduates can be hired incapacity such as System Analyst, Assistant Manager, Chief Human Resource Manager, Finance Controller, etc. They can also open their own venture after completion of this course. Successful postgraduates of the course in India earn an average annual starting salary ranging between INR 3 and 5 Lacs.
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Listed below are some of the major highlights of the course.
|Duration||2 years (Full- time)|
|Examination Type||Semester System|
|Eligibility||Bachelor’s degree in any specialization|
|Admission Process||Entrance test or direct admission|
|Major Entrance Tests||CAT, MAT, XAT, CMAT etc.|
|Average Course Fee||INR 1 to 4.5 Lacs|
|Average Starting salary||INR 3 to 5 Lacs|
MBA in Entrepreneurship is designed to equip students with the requisite skills, knowledge, and networks needed to become entrepreneurs and innovators. The program builds in students the ability to create business ideas, develop these ideas into product and service offerings, and then design a commercial venture to take business ideas to the market.
Students are aided in developing knowledge in important areas of entrepreneurship including learning how to commercialize their business ideas, how to seek venture capital financing for their ventures and how to develop commercial business organizations.
MBA in Entrepreneurship course explores entrepreneurship as the passage of a business idea into a new commercial venture; creating an opportunities to contribute to the society by offering employment to the unemployed. The specialization may involve recruitments, administration of duties, accounts, and estimation of profitability, all basically involving brilliant ideas and funding support.
The job of an Entrepreneur is not for everyone, it needs a sufficient amount of hard work and creativity needed to create a successful venture. Candidates need to have a strong risk-taking power in order to opt for a career in entrepreneurship. Students can also opt for higher studies in the same or related domain after successful completion MBA Entrepreneurship course.
Compiled here is a list of the top institutes in India offering the course along with their respective locations and fees charged by each.
|Name of Institute||City||Average Fees|
|Sikkim Manipal University Directorate of Distance Education||Gangtok||INR 49, 600|
|ICFAI University||Tripura||INR 60, 000|
|IGNOU||New Delhi||INR 31, 500|
|Symbiosis Centre for Distance Learning||Pune||INR 35, 000|
|Annamalai University||Annamalainagar||INR 13, 350|
|Osmania University||Hyderabad||INR 50,000|
|Anna University||Chennai||INR 18, 650|
|University of Mumbai||Mumbai||INR 25, 000|
|Netaji Subhas Open University||Kolkata||INR 8, 000|
|Yashwantrao C. Maharashtra Open University||Nasik||INR 16, 000|
The eligibility criteria needed to be satisfied for admission to MBA in Entrepreneurship course are listed here:
MBA in Entrepreneurship is a course that builds attitude, aptitude, and approach. The following stages are involved in the process of admission:
Written Test - Most institutes conduct their written tests between November and January. The written test majorly include three sections: Quantitative Skills, Reading Comprehension, Logical Reasoning
Group Discussion and Interview - This stage of the process is held between February and March for most institutes. GDs and PIs are conducted to check candidates’ personality traits such as Group Behaviour, Awareness, Communication skills, Reasoning ability, Flexibility, Leadership, Assertiveness, Initiative, Confidence, Creativity, etc. An interview can be broadly categorized into Personal Interview and Group Interview. In Personal Interview, apart from personality traits, the interviewing panel assesses candidates’ academic performance, goals, and self- awareness. In Group Interview, apart from the parameters mentioned above, candidates are also assessed for the analytical ability for final admission to MBA Entrepreneurship course
Admission: After having cleared these 2 stages, candidates are notified for admission. Most institutes ask the candidates to pay the 1st installment of the course fee within 30 days from the date of the call.
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MBA in Entrepreneurship familiarizes students with concepts of venture creation, product/ service development, and business management. A strong focus on entrepreneurship directed at preparing students with leadership skills and challenge- handling enables them to grow businesses and adapt to constant environmental, regulatory and technological changes.
A semester- wise breakup of the course’s syllabus is given here.
|Semester I||Semester II|
|Management Process & Organisation Behaviour||Production & Operations Management|
|Business Communication||Financial Management|
|Statistics for Management||Marketing Management|
|Financial & Management Accounting||Management Information System|
|Managerial Economics||Operations Research|
|Human Resource Management||Project management|
|Semester III||Semester IV|
|Research Methodology||Strategic Management & Business Policy|
|Legal Aspects of Business||International Business Management|
MBA in Entrepreneurship is among the popular post-graduate courses in India. The course, also available in the distance learning mode, opens up doors to a lucrative career in fields like sales, marketing, advertising etc., in positions of the Executive or Managerial levels, such as Marketing Manager, Financial Manager, Human Resource Manager etc. which grows with an increase in skills and experience.
Some of the country’s top recruiters for MBA in Entrepreneurship are listed here:
Industries that hire successful MBA in Entrepreneurship postgraduates are mentioned here.
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|Job Role||Job Description||Average Salary|
|Small Business Owners||Responsible for hiring staff, arranging to finance, reviewing sales reports and financials, comparing them to goals set out in short and long-term plans. Also responsible for the growth, stability, direction and daily operation of the business||INR 1,05,757|
|Business Consultants||Responsible for providing an analysis of the existing practices of a company and making recommendations for improvements, specializing in one area of business management, helping develop a business’ employee training programs, streamlining a business’ shipping department etc.||INR 8,95,187|
|Business Reporters||Responsible for collecting and analyzing facts about newsworthy events through interview, investigation, or observation; and reporting and writing stories for newspaper, news magazine, radio, or television.||INR 3,50,000|
|Fundraisers and Development Officers||Responsible for working for charitable and voluntary organizations, maximizing funding from donors. These organizations may be specializing in areas of health, education and economic development, particularly in the developing world. They range from small, local organizations to multifaceted global ones like Mercy Corps.||INR 1,19,390|
|Sales Managers||Responsible for achieving sales targets and eventually generating revenue for the organization||INR 1,13,860|
|New Venture Developers||Responsible for building market position by locating, developing, defining, negotiating, and closing business relationships.||INR 5,00,000|