MBA in Entrepreneurship or Master of Business Administration in Entrepreneurship, a two year postgraduate specialized program for aspirants who are looking to become entrepreneurs and students who aspire for a career in entrepreneurship. This course teaches to the students what are ways that they can use in their business and how best to run it. It educates on how to raise and utilize capital.
The eligibility for MBA in Entrepreneurship is a bachelor's degree with min 50% marks and above from a recognised college or university. Admission of students in MBA in Entrepreneurship course is done on the basis of merit or Entrance exams such as CAT, MAT, XAT, CMAT, SNAP, NMAT and GMAT. The average course fees amount between INR 1,00,000-20,00,000 to pursue an MBA in Entrepreneurship. Top MBA in Entrepreneurship Colleges in India are: IIM Bangalore, XLRI Jamshedpur, SPJIMR & SIBM Pune etc. After completion of this course, MBA in Entrepreneurship salary is INR 3 lakh to INR 5 lakhs (per year).
MBA Specialization Courses:
MBA in Entrepreneurship: Course Details
Why Study MBA in Entrepreneurship?
- MBA in Entrepreneurship is a specialization of an MBA degree program with which students get a chance to establish their own business and manage it too.
- MBA in Entrepreneurship helps students to get an independent work environment, craving for challenges in life, demand of highly rewarding market opportunities and an idea driven mind.
- Moreover, this field will also offer students benefits to have innovative ideas, market opportunities, risk taking behaviour more professionally etc.
Types of MBA in Entrepreneurship
There are different types of MBA Finance courses which the candidates can pursue as per their comfort.
Full Time
A full time MBA in Entrepreneurship is the most sought after MBA Entrepreneurship course. The course duration is 2 years that deals with entrepreneurial management process, financing the entrepreneurial business and business communication.
Part Time
A part time Executive MBA in Entrepreneurship course focuses on entrepreneur strategies, developing competencies, and innovation for both large and small scale businesses. The course duration is 1 year.
MBA in Entrepreneurship: Eligibility
Candidates desire to take admission to MBA in Entrepreneurship course must fulfill the following eligibility criteria:
- One must have a bachelor's degree with min 50% marks and above from a recognised college or university.
- Students who clear an entrance exam like CAT, XAT, MAT, CMAT or NMAT etc.
- No work experience is needed but preferred.
MBA in Entrepreneurship: Admission 2024
The MBA in Entrepreneurship admission process is the same as other MBA specializations. Students who want to apply for this course should check the admission procedure of a college/university where they are trying to take admission. The entrance exams marks decide much about the admission to this course. Based on their performance in the entrance exams, candidates are shortlisted and for getting admission into MBA in Entrepreneurship course they go through a written test, personal interview and group discussion rounds to be finally selected.
Below mentioned is a brief description of the admission process:
- Candidates must register and complete the application form of the college or university they wish to apply in.
- In order to qualify, candidates must then apply for the entrance exam, take it, and score higher than the cutoff points.
- Candidates have to take group discussions and personal interview rounds.
- There will be a merit list released after all the tests, shortlisted candidates must appear for counseling for the final seat allotment.
MBA in Entrepreneurship: Entrance Exams
Most colleges also have an entrance exam for admission to the course. MBA entrance exams in India consist mainly of multiple-choice questions (MCQs) that test the candidate's Quantitative Aptitude, Verbal Ability, Logical Reasoning and Data Interpretation ability which typically last a period of 2-3 hours with total number of questions & marks varying depending upon respective institutions.
Following are the MBA in Entrepreneurship entrance exams conducted at the national and university level:
MBA in Entrepreneurship: Skills Required
The most important skills required for MBA in Entrepreneurship graduates to excel in pursuing this course:
- Understanding Strategy and embracing opportunities
- Ability to take risk
- Proactiveness
- Innovation
- Self-discipline and Integrity
- Decisive and action-oriented
Read More: Embarking on an MBA Adventure
Advantages of Pursuing MBA in India
MBA in Entrepreneurship: Distance
- MBA in Entrepreneurship course is also available in the distance learning mode and is among the well-known post-graduate courses in India.
- MBA in Entrepreneurship Distance education is a great option for aspirants who wish to pursue their careers while studying, who are working professionals or are unable to pursue the course regularly.
- Students are given a chance to learn entrepreneurship management skills at their own pace and convenience.
- Many universities and institutes offer distance education for students like Bharathiar University, Suresh Gyan Vihar University, and many more.
MBA in Entrepreneurship: Syllabus
MBA in Entrepreneurship syllabus will vary from college to college. Students must check the semester wise subjects which is mentioned below:
MBA in Entrepreneurship from Abroad
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MBA in Entrepreneurship: Top Colleges
Several colleges in India offer MBA in Entrepreneurship courses. Given below is a list of the top colleges that offer MBA in Entrepreneurship in India along with their fees:
MBA in Entrepreneurship: Jobs
An MBA in Entrepreneurship opens a number of job opportunities. The average salary of MBA in Entrepreneurship graduates is INR 3 - 5 LPA. This could vary significantly based on factors such as job role and years of experience, also depending on institute and individual profile.
Given below is an overview of some of the key job roles along with a general salary that MBA in Entrepreneurship graduates can explore:
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MBA in Entrepreneurship: Career Opportunities
Students having pursued MBA in Entrepreneurship course have two options open to them - they can either start an enterprise of their own or pursue jobs. Job sectors include Automobile, Advertising, Agriculture, Banking, IT etc. and the course opens up doors to a profitable career in these fields.
MBA in Entrepreneurship: Top Recruiters
Here is a list of top recruiters which are known to hire MBA in Entrepreneurship graduates into different roles. In addition these top companies are also paying high salaries depending on the experience and skills of graduates.
- Genpact
- HDFC
- HSBC
- E&Y
- Lehman Brothers
- TCS
- Wipro
- Amazon
- Flipkart
- Infosys
- P Morgan Chase and Co.
- WNS Global Services
- Accenture
Also Check: All About MBA