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
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.
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 |
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 |
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.
Students Seeking Admission To The Course Must Meet Up With The Following Eligibility Criteria.
Work Experience Is Not Mandatory But Is Highly Preferred.
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?
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 who belong to a business-oriented family are most likely to benefit the most from the course.
Who should study MBA in Entrepreneurship?
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.
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 |