MBA Entrepreneurship: Course Details, Fees
Eligibility, Courses, Admission

Management
Duration :   Average Fees : Rs.180000  

MBA Entrepreneurship: Course Details, Fees, Eligibility, Courses, Admission

About MBA in Entrepreneurship

The course of MBA in Entrepreneurship is a postgraduate management course that imparts knowledge to students about how to become successful entrepreneurs. MBA in entrepreneurship has always been among the most preferred specialisations in the programme of Masters in Business Administration. The course is a study of how to transform innovations into economic goods. MBA in entrepreneurship helps in giving a proper and in-depth understanding of the entire business acumen to the aspirants. 

The course of MBA in entrepreneurship is carried out in two years, which translates to four semesters or six trimesters. Some colleges that offer the course in distance or correspondence mode might cover it in a span of three years.

The postgraduates of MBA in Entrepreneurship are capable of being hired in almost all fields and industries. Majority of this degree holders aspire to get a job in the companies or organisations that are known for their business or for their place in the corporate world. Entrepreneurship is better understood as the act of being an entrepreneur. An entrepreneur is someone who undertakes finance, innovations, and business acumen in order to transform innovations into economic goods. Candidates belonging to any stream or discipline can pursue MBA in entrepreneurship easily and carve a career in the field. Many job roles are offered to these postgraduates and their career graph is bound to see a rise after the completion of the course.

Highlights

Course level Postgraduate
MBA in Entrepreneurship Duration 2 years
MBA in Entrepreneurship Eligibility One must possess a bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50%.
MBA in Entrepreneurship Admission process Entrance Exam Based + Merit Based
MBA in Entrepreneurship Entrance Exams CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT
MBA in Entrepreneurship Exam Type Semester based
MBA in Entrepreneurship Fees INR 1 to 20 Lakhs
MBA in Entrepreneurship Salary INR 3 to 5 lakhs
MBA in Entrepreneurship Job Profiles Assistant Manager, Business Consultant, Finance Controller, Human Resource Manager, accountant, etc.
MBA in Entrepreneurship Job Sectors Automobile, Advertising, Agriculture, Banking, Small and medium enterprise management, Information technology, Hospitality, Fashion management, etc.
Top Recruiters HSBC, HDFC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG, Barclays, etc.

Types of MBA in Entrepreneurship

MBA in entrepreneurship is available in different modes for different students. It is available full time which is the most popular mode of MBA in Entrepreneurship. 

Full Time

MBA in Entrepreneurship in full time is the most widely applied course when related to MBA in Entrepreneurship. It is a 2 year course that deals with subjects such as Management Process & Organisation Behaviour, Production & Operations Management, Research Methodology, Strategic Management & Business Policy, Business Communication, Statistics for Management and Marketing Management. 

The admission process for MBA in Entrepreneurship takes place through MBA entrance exams such as CAT, MAT, GMAT etc. Top Colleges that provide MBA in Entrepreneurship include Symbiosis International University, Amity Business School, Flame University or SAGE University. 

Part Time (Executive)

Executive MBA in Entrepreneurship is a type of part-time MBA Course which is a 1-year course that focuses on mergers and acquisitions, entrepreneur strategies, venture capital etc

  • Executive MBA in Entrepreneurship focuses on educating job seekers, managers, entrepreneurs, technocrats, and other business leaders with the view of creating the perfect situation to produce Entrepreneurs. 
  • This course is perfect for individuals who have spent a significant time in the industry and now want to start a business of their own, preferably and most likely in the industry he/she has worked. 
  • The admission for EMBA generally takes place through GMAT, GRE etc. But some colleges also rely on Full Time MBA entrance exams such as CAT for EMBA Admission. 

MBA vs PGDM

MBA and PGDM are not the same but they do have similar core subjects. There is a difference between MBA vs PGDM. Accreditation from AIU makes an institute’s PGDM program equal to an Master of Business Administration. Most private universities provide PGDM courses. During recruitment MBA and PGDM Course is viewed to be equivalent.

Parameters MBA PGDM
Full-Form Master of Business Administration Post Graduate Diploma in Management
Qualification Degree Course Diploma Course
Duration 2 years 1-2 years
Eligibility Graduation in any UG course of any stream with a minimum of 50% of marks in UG from a recognized university Graduation in any UG course from a recognized institution
Admission Process Entrance Exam Entrance Exams as well as Direct Admission in some institutions
Fees INR 2-20 LPA INR 4-24 LPA
Subjects covered Financial Management, Human Resource Management, Customer Relationship Management, Marketing Research, Operations Management, Human Resource Management, Executive leadership skills, etc. Financial Accounting, Business Economics, Basics of Mathematics and Statistics, Marketing Management, Business Communication, Human Resource Management, etc.
Average Salary INR 7 - 10 LPA (starting salary) INR 12 - 15 LPA (starting salary)
Entrance Exams XAT, NMAT, SNAP, ATMA, CAT MAT, CAT, CMAT, XAT, GMAT
Job Opportunities HR Manager, Business Analyst, Marketing Manager, Finance Advisor, Investment Banker, etc. Project Manager, Data Scientist, Auditor, Tax Specialist, Consultant, etc.

MBA in Entrepreneurship: Distance

MBA in Entrepreneurship is available in distance mode in India. Students must see the relevant Entrance Exams for the college that the student is targeting. After qualifying the Entrance exams the college will contact the successful candidates. 

Students must check for the validity of the course and the college in distance or correspondence mode.

  • In order to be eligible for this course through correspondence mode students need to possess a bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50%.
  • The minimum duration required to complete this course from distance mode is 2 years and the maximum duration of the same is 3 years.
  • Admission to an MBA in Entrepreneurship course through correspondence mode is offered on the basis of a valid score in any of the MBA entrance exams like CAT, XAT, MAT, CMAT, etc.
  • The average fee for the course ranges from INR 50,000 to INR 1,50,000 annually.

There are a number of colleges and universities offering this course from distance learning like Suresh Gyan Vihar University, Don Bosco University, and many more.

Students can study MBA in Entrepreneurship at a distance mode. This is to help students who are working and have very little time to attend regular classes. 

College Name Location Average Fees
Bharathiar University Tamil Nadu INR 23,920
Sri Padmavati Mahila Visvavidyalayam University Andhra Pradesh INR 30,000
Jagannath University Jaipur INR 54,400
Don Bosco University Global Center for Open and Distance Education Assam INR 40,000
Suresh Gyan Vihar University Rajasthan INR 84,500

MBA Universities

Source: Official websites of Colleges and Universities

Admission to these colleges and universities follow a different admission process and has its own eligibility qualifications that one needs to fulfill to secure admission. However, the admission process differs from institute to institute. A few of the colleges also offer admission to this course either on the basis of entrance exams score or on the basis of graduation score

MBA in Entrepreneurship: Syllabus

Students must look at the syllabus and curriculum of the specialization that he/she is applying. Every college does not follow the exact same syllabus although they are similar. Students must check whether the subjects they want to study are available in the curriculum. 

Semester I Semester II
Fundamentals of Entrepreneurship Social Entrepreneurship
Principles and Practice of Management Business Environment
Principles of Marketing Management Operations Management 
Accounting and Finance for Managers Corporate Communication
Semester III Semester IV
Entrepreneurial Finance Business Environment and Ethics
Introduction to Taxation Managing Diversity
Production & Operations Rural and Industrial Marketing
Project management Legal Aspects of Business
Contemporary Issues in Strategy Technology Innovation and Sustainable Enterprise
Managing Start-up Strategic Framework for SMEs Enterprise Resource Planning 

Electives

Semester 3 Semester 4
Entrepreneurship Process & Behavior Managing Corporate Entrepreneurship
Creativity & Innovation in Entrepreneurship Leading Change in Family Business
Businesses in Emerging Market Business Opportunities in Retailing & Franchising
Small Business Management Corporate Entrepreneurship
Enterprise Growth & Succession Managing a Growing Business
Family Business Management Social Entrepreneurship
Building Entrepreneurial Culture & Team Family Business Management
Corporate Culture & Intrapreneurship Financing New Business Ventures
Strategies for Small Business Management -
Innovation & Creativity in Business -
Emerging Business Sectors & Technologies -

MBA in Entrepreneurship Abroad

QS MBA by Career Specialization Rankings: Entrepreneurship College Name
1 Stanford Graduate School of Business
2 MIT (Sloan)
3 Harvard Business School
4 Imperial College Business School
5 Copenhagen Business School
6 Penn (Wharton)
7 IESE Business School
8 Cambridge (Judge)
9 IE Business School
10 Oxford (Said)

MBA in Entrepreneurship Top Colleges

A significant number of colleges across the country offer MBA in Entrepreneurship courses to students who have passed their undergraduate examinations in any relevant field from a recognized college or university.

Some of the top colleges offering MBA in Entrepreneurship course are mentioned below:

Name of the Institute Average Fee
Symbiosis International University INR 7.8 Lakhs
University Business School, Panjab University INR 1 Lakh
Amity Business School INR 10.6 Lakhs
Manav Rachna International Institute of Research and Studies INR 5.29 Lakhs
Chandigarh University INR 3.7 Lakhs
Royal Global University INR 4.48 Lakhs
Flame University INR 15.8 Lakhs
K R Mangalam University INR 5. Lakhs
SAGE University INR 2 Lakhs
Rabindranath Tagore University INR 1.4 Lakhs
NMIMS  INR 7.5 lakhs
DY Patil University’s School of Management INR 4.2 Lakhs
GRG School of Management studies INR 56,000
Karunya School of Management INR 2.44 Lakhs
BIMS kottayam INR 2.85 Lakhs
Royal global University INR 2.1 Lakhs

MBA in Entrepreneurship Jobs 

MBA in Entrepreneurship course come with various job and career opportunities. Fresh graduates of the course can easily expect compensation of INR 3 Lakhs to INR 5 Lakhs per year. The compensation offered is proportional to the experience earned in the field. The salary offered increases with the increase of inexperience in the field.

Some of the major job profiles available to MBA in Entrepreneurship graduates are mentioned below:

Job Role Job Description Average Salary Offered
Small Business Owners These are the budding entrepreneurs. Their job is to successfully plan and execute their business idea. They hire people, arrange finance, predict profits, and make any required changes to the plan. They are also responsible for the overall growth of the business. INR 4.5 Lakhs
Business Consultants A business consultant analyses the existing practices of a company and suggests the required changes in them. He provides relevant help in the fields of business management, employee training programs, nurturing business, etc. INR 8.9 Lakhs
Business Reporters A business reporter collects and analyses news and facts about trending events by conducting conferences, interviews, and investigations. He even writes stories for newspapers, business magazines, radio, and television. INR 3.5 Lakhs
Sales Managers A sales manager is responsible for advertising the products and suggesting effective measures for achieving sales targets. By doing so he eventually generates revenue for the company. INR 6 Lakhs
Fundraisers and Development Officers These people are responsible for raising funds and charities for different government and non-government organizations. INR 4.19 Lakhs

MBA Job Prospects

Source: Payscale

Over the past years, a Master in Business Administration or MBA in Entrepreneurship has become immensely popular among students. More and more students are interested in pursuing this course. The fact that not only students with commerce background but students from science and arts background are also applying for this course affirms it's popularity among students. The course helps students to carry on with their own business ventures.

MBA in Entrepreneurship graduates are hired in various sectors like Automobile, Advertising, Agriculture, Banking, Small and medium enterprise management, Information technology, Hospitality, Fashion management, etc. Major job profiles available to such graduates are Assistant Manager, Business Consultants, Finance Controller, Human Resource Manager, accountant, etc.


Eligibility Criteria for MBA Entrepreneurship

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.

How to Prepare for MBA Entrepreneurship

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. 

Why Study MBA in Entrepreneurship?

  • 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. 
  • 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. 
  • 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. 

When to Study MBA in Entrepreneurship?

  • Students must get an MBA in Entrepreneurship when the student has a clear plan for the business venture he/she wants to pursue. 
  • The student must be serious about the business he wants to do and take part in all sessions and make the most of the situation. If the student is not prepared to work hard then the student will not benefit from the course.
  • Students must understand the curriculum and be prepared to use the knowledge. Most importantly the student must know which knowledge will help which part of the business. 
  • Students who belong to a business-oriented family are most likely to benefit the most from the course. 

Who should study MBA in Entrepreneurship?

  • Students who belong to a business-oriented family are most likely to benefit the most from the course.
  • Students who have a business plan in mind must do an MBA in Entrepreneurship. 
  • Studying MBA in Entrepreneurship because of not getting other MBA specializations is not a very good idea. 
How To Get Admission for MBA Entrepreneurship?

MBA In Entrepreneurship Admission Process

MBA In Entrepreneurship Admission Process Takes Place Like Any Other MBA Specialization. The Student Must Look Into The Admission Process For The College The Student Is Trying To Get Admission In. 

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.
  • Usually, The Admission Process Commences In The Months Of August And September. Online Forms For Almost Every Entrance Exam Are Available By The End Of October.
  • In Order To Get Shortlisted For Further Rounds Of Admission, One Must Score Above The Minimum Qualifying Percentile Set By The Respective College Or University.
  • After The Written Test, Special Group Discussion And Personal Interview Rounds Are Conducted For Preparing The Final Merit List Of Shortlisted Candidates.
  • Once All The Tests Are Conducted, The Colleges Or Universities Declare The Result And Release A Merit List Of Finally Shortlisted Candidates On The Basis Of The Written Test, Group Discussion, And Personal Interview.
  • Know That There Are Certain Top Institutes That Consider Certain Other Factors Like 10th Marks, 12th Marks, Graduation Percentage, Job Experience For Providing Admission To The Course.
  • After The Admission Process, The Final Allotment Of Seats To The Candidates Takes Place And The Candidate Is Required To Deposit The Course Fee And Register For The Respective Academic Year.
Entrance for MBA Entrepreneurship

MBA In Entrepreneurship: Entrance Exams

Admission To The Course Is Offered On The Basis Of The Score Obtained By The Candidate In An Entrance Exam. After The Written Test, Special Group Discussion And Personal Interview Rounds Are Also Conducted For Preparing The Final Merit List Of Shortlisted Candidates.

CAT Vs MAT

MBA Top Entrance Exams Include CAT And MAT. These Two MBA Entrance Exams Are Accepted By Almost All MBA Colleges In India. The Exam Pattern For CAT And MAT Differs Slightly. IIMs Accept Only CAT Scores.

Parameter CAT MAT
Number of Sections Three Five
Duration 180 minutes 150 minutes
No. of Questions 100 200 (40 from each section)
No. Of Papers 1 1
Test Centre Candidates can choose four cities as per the choices Candidates can choose three cities
Level of Difficulty High Moderate
Marking Scheme Correct Answer: +4 Incorrect Answer: -1 Correct Answer: +1 Incorrect: -.25
No. of Exams conducted yearly Once a Year Four times a year
Major Colleges All IIMs, IITs, FMS, MDI, IMT Christ College Institute of Management, IMS, BIMTECH (Noida)
How to Apply iimcat.ac.in mat.aima.in

MBA Application Deadlines

Entrance Exam Registration Date Exam Dates
ATMA 1st week of June 2023 July 23, 2023
CAT August 3, 2023 November 26, 2023
CMAT February 13, 2023 To be Announced
GMAT To be Announced To be Announced
NMAT September 2023 November 2023
SNAP 2nd week of August 2023 2nd week of December 2023
XAT To be Announced To be Announced