Diploma in Entrepreneurship: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 1 Years
  • type of course Diploma
  • course stream Management
  • course type Full Time
Written By universitykart team | Last Updated date Oct, 09, 2024

(1). About Diploma in Entrepreneurship Course

A one-year undergraduate degree in business management leads to a diploma in entrepreneurship. Although it relies on the Institutes that provide the course, the duration is typically 1 year.

The program focuses primarily on the characteristics and procedures of entrepreneurship. The curriculum is ideal for students who want to eventually run and manage their own business in addition to starting one from scratch. Candidates who are already pursuing a diploma in entrepreneurship will undoubtedly have many career options. They might anticipate a starting salary package of INR 3 LPA at the very least.

Candidates who want to enrol in the Diploma in Entrepreneurship program must have completed the equivalent of the 10+2 grade level from a recognized board. A personal interview or round of counselling is frequently held after the entrance exam, which is the primary criterion for admission to the program. The typical annual price structure may be between INR 3,000 to INR 10,00,000.

A full-time diploma degree in entrepreneurship includes the following components: The training is specifically created for aspiring business owners and entrepreneurs. The foundations of finance and company operations are the course's primary areas of concentration. The nature and application of the notion of entrepreneurship are well-known to the pupils. The course also covers a thorough understanding of market and corporate economics.

Course Highlights:- Diploma in Entrepreneurship

Check out the chart below for all the crucial information regarding the Diploma in Entrepreneurship:

Particular Value
Course Name Diploma in Entrepreneurship
Course Level Postgraduate
Course Duration 1 year      
Eligibility Criteria 10+2 or equivalent examination with a minimum of 50% marks
Entrance Exams CAT, MAT, XAT, GMAT, TANCET, etc.
Admission process Entrance Exam + Group Discussion + Personal Interview (GD-PI)
Examination Type Semester based
Age No age limit     
Average Annual Fees INR 3,000 to INR 10,00,000
Average Annual Salary INR 3,00,000 to 9,00,000
Top recruiters Venture capital/private equity firms, consulting firms, e-commerce platforms, business development agencies, and incubators and accelerators for startups
Job Profiles Entrepreneur, manager of business development, consultant for startups, business analyst, and manager of marketing

Why study for a Diploma in Entrepreneurship Course?

Candidates who are highly interested in entrepreneurship and business activities should take the Diploma in Entrepreneurship course:

(i). The fundamental methods, strategies, and competencies needed to launch and manage a business successfully are imparted to the pupils.

(ii). Students can learn entrepreneurial skills like taking risks, being innovative, having strong leadership abilities, and communicating with others with this course. It has fantastic prospects both domestically and globally.

(iii). They are prepared by the course to choose graduate work in management or entrepreneurship.

(iv). The candidates have the option to work for educational institutions, marketing firms, consultancies, etc. in addition to starting their businesses.

(2). Diploma in Entrepreneurship Course Admission Process

The admissions process for the course diploma in Entrepreneurship may vary from college to college depending on the school to which you are applying.

Types of Diploma in Entrepreneurship Courses

Full-time, part-time and remote alternatives are available to applicants for the route.

(1). Distance Remote or Online: is intended for those unable to attend regular sessions; The web-based Diploma in Entrepreneurship is a preferred alternative.

(2). Full-time: Diploma in Entrepreneurship is a one-year course that allows students to accelerate their learning methods and significantly expand their knowledge.

(3). Part-Time: The part-time course is aimed at professionals who are currently employed and cannot take time off to study full-time. A part-time postgraduate course will be of great benefit.

Eligibility Criteria for a Diploma in Entrepreneurship

Below are some important factors to consider when submitting your application form:

(i). Applicant must have completed 10+2 on an approved board.

(ii). To be accepted for this position, the candidate must pass all subjects in 10+2.

(iii). The course is available to candidates of all disciplines.

Diploma in Entrepreneurship Course Admission Process

Here are the steps involved in the admission process

(i). Applicants should have a minimum age limit of 18.

(ii). Applicants should have passed 10+2 from an authorised board.

(iii). Students may have to attend the interview after applying.

(iv). Some of the institutions may have entrance examinations to shortlist the students.

(v). Some institutions may select students based on a first come first serve manner.

Accepted Entrance Exams for a Diploma in Entrepreneurship

Below is a list of some of the entrance exams for pursuing a Diploma in Entrepreneurship in India

CET WBJEE
AUCET DCET
HP PAT BCECE
TS POLYCET NCHMCT JEE
CG PPT TS ECET

Skills Required for Diploma in Entrepreneurship

To pursue a career in Diploma in Entrepreneurship in India, candidates must bring a love of food and a service-oriented approach. Here are some of the key skills a candidate should possess when considering taking a Diploma in Entrepreneurship in India:

Communication Leadership
Problem-solving Creativity
Adaptability Emotional Intelligence
Teamwork Decision Making
Time Management Networking

Diploma in Entrepreneurship Fee Structure

The costs Diploma in Entrepreneurship in India considers those components like location, faculty, demand, infrastructure, and the resources to which students may also have access all important factors. In India, the average cost of a Diploma in Entrepreneurship in India

Name of College Average Annual Fee(INR)
Indian Institute of Management Bangalore (IIM Bangalore), Bangalore INR 23 Lakhs
Indian Institute of Management Indore (IIM Indore), Indore INR 50,000
Xavier Institute of Management and Entrepreneurship (XIME), Mumbai NA
Entrepreneurship Development Institute of India (EDI), Gandhinagar     INR 2.5 lakhs
Welingkar Institute of Management Development and Research (WIMDR), Mumbai              INR 2 lakhs    
Indian School of Business (ISB), Hyderabad                INR 14 lakhs
Great Lakes Institute of Management (GLIM), Chennai INR 1 lakh            
Indian Institute of Technology Roorkee (IIT Roorkee), Roorkee              INR 2 lakhs

Selection Criteria for a Diploma in Entrepreneurship

The selection process for a Diploma in Entrepreneurship involves multiple steps. Applicants submit applications, take entrance exams, and undergo personal interviews to assess their knowledge, communication skills, and desire for the program. The overall process evaluates candidates' academic skills and personal qualities to ensure a good fit for the school.

(3). Course Comparison

Diploma in Entrepreneurship v/s Diploma in Accounting Management
Parameter Diploma in Entrepreneurship Diploma in Accounting Management
Course Name Diploma in Entrepreneurship Diploma in Accounting Management
Course Overview A full-time or part-time diploma degree in entrepreneurship includes the following components: The training is specifically created for aspiring business owners and entrepreneurs. The foundations of finance and company operations are the course's primary areas of concentration. The nature and application of the notion of entrepreneurship are well-known to the pupils.       The Diploma in Accounting Management is designed to train students in account management. It equips students with the necessary knowledge and skills in management, covering topics such as company management systems, procedures, and policies.
Duration 1 Year 1 Year
Eligibility Passed 10+2 from an authorized board.  Passed 10+2 from an authorized board.
Entrance Exams CAT, MAT, XAT, GMAT, TANCET, etc. NCHMCT JEE, IHM, WBJEE, AUCET, CDAC, etc
Average Annual Fees INR 3,000 to INR 10,00,000 INR 10,000-1 LPA

(4). Top Diploma in Entrepreneurship Colleges

Some of the best schools that offer Diploma in Entrepreneurship courses and other information are listed below:

Name of College Location
Indian Institute of Management Bangalore (IIM Bangalore)        Bangalore     
Indian Institute of Management Indore (IIM Indore) Indore
Xavier Institute of Management and Entrepreneurship (XIME) Mumbai
Entrepreneurship Development Institute of India (EDI) Gandhinagar
Welingkar Institute of Management Development and Research (WIMDR)Bengaluru  
Indian School of Business (ISB) Hyderabad
Great Lakes Institute of Management (GLIM) Chennai      
Indian Institute of Technology Roorkee (IIT Roorkee) Roorkee

(5). Job & Placements for a Diploma in Entrepreneurship

After completing a Diploma in Entrepreneurship, professionals can get numerous opportunities in the public and private sectors. Here are some of them listed below.

Job Profiles after a Diploma in Entrepreneurship

Following are some of the job profiles available after a Diploma in Entrepreneurship

Job Profile Job Description
Business Reporter To gather and analyze information about important occurrences by interviews, investigations, or observation; to report and write articles for newspapers, news magazines, radio, and television
Financial Expert To develop and analyze a company's financial planning to empower the organization to take well-informed business decisions. 
Accounting Manager Accounting Manager The accounting manager is responsible for managing and supervising the day-to-day operations of the accounts department, as well as for analyzing, recording, tracking, and auditing financial data.    
Marketing Manager A marketing manager is responsible for developing marketing strategies, generating new business prospects, and managing the people in the marketing department.

Top Recruiters for a Diploma in Entrepreneurship

The table below contains some of the top recruiters that Diploma in Entrepreneurship graduates, as follows:

Flipkart Wipro
Ola BYJU'S
Paytm Deloitte India
Zomato KPMG India
Swiggy Reliance Industries
MakeMyTrip Tata Group

Average Salary for a Diploma in Entrepreneurship

Below are job profiles with approximate salaries for Diploma in Entrepreneurship:

Job Role Average Annual Fee(INR)
Business Development Manager INR 3,00,000 - 10,00,000
Sales and Marketing Executive INR 2,00,000 - 7,00,000
Product Manager INR 4,00,000 - 15,00,000
E-commerce Manager INR 3,00,000 - 10,00,000
Innovation Manager INR 4,00,000 - 12,00,000
Business Consultant INR 3,00,000 - 10,00,000

(6). Career/Scope after Diploma in Entrepreneurship

The entry Diploma in Entrepreneurship is a condensed, competency-based program that gives students knowledge of the business world. The course gives students a conceptual grasp of the different elements and operating principles of the sector. You will be able to design projects with the best practices and profitability in mind thanks to this degree. The students learn information and skills related to Communication, Leadership, Problem-solving, Creativity, Adaptability, Decision Making, Networking, etc.

Career options after Diploma in Entrepreneurship

Below is a list of some of the well-known career paths available to successful course graduates:

(i). Manager of Business Development.

(ii). Executive in sales and marketing.

(iii). Product Director.

(iv). Manager of e-commerce.

(v). Manager of innovation.

(vi). Business consultant.

Diploma in Entrepreneurship Scope for Higher Education

A Diploma in Entrepreneurship is vast, which gives candidates a chance to pursue higher studies after obtaining the degree. The following are some of the best higher education programs Certification Courses, PG in Entrepreneurship.

Skills that make you the Best in a Diploma in Entrepreneurship

Many abilities are needed to succeed as a Diploma in Entrepreneurship graduate, including those that will help to accelerate personal learning curves and build a practical mindset that must be ingrained in the continuous learning environment.

(i). Communication Skills.

(ii). Leadership.

(iii). Problem-solving.

(iv). Critical Thinking.

(v). Collaboration.

(vi). Adaptability.

(vii). Time Management.

(viii). Analytical Skills.

(ix). Decision-making.

(x). Teamwork.

(7).FAQs for a Diploma in Entrepreneurship

(1). What is a Diploma in Entrepreneurship?

Ans. The program focuses primarily on the characteristics and procedures of entrepreneurship. The curriculum is ideal for students who want to eventually run and manage their own business in addition to starting one from scratch.

(2). What is the average fee structure for a Diploma in Entrepreneurship?

Ans. The average Diploma in Entrepreneurship fees charged by colleges or universities in India lies anywhere between INR 3,000 to INR 10,00,000 per year.

(3). What is the expected salary for a Diploma in Entrepreneurship?

Ans. The expected salary for a Diploma in Entrepreneurship graduate is around INR 3,00,000 to 9,00,000 per annum.

(4). What qualifications must one meet to be admitted to a diploma program in entrepreneurship?

Ans. The eligibility standard for Diploma in Entrepreneurship is that applicants must have finished 10+2 from a recognised board.

(5). What are the requirements for admission to the Diploma in Entrepreneurship?

Ans. The admission process for Diploma in Entrepreneurship is both merit-based and entrance based.

(6). What is the duration of a Diploma in Entrepreneurship?

Ans. A Diploma in Entrepreneurship is from one year course segregated into equal semesters.

(7). What are the top diploma entrance examinations?

Ans. CAT, MAT, XAT, GMAT, TANCET, etc. are some of the top entrance examinations for a Diploma in Entrepreneurship.

(8). What are some of the best colleges for this course program?

Ans. The best Colleges for Diploma in Entrepreneurship programs are the Entrepreneurship Development Institute of India (EDI), Great Lakes Institute of Management (GLIM), Indian Institute of Technology Roorkee.

(9). What are some of the most popular job profiles for a Diploma in Entrepreneurship?

Ans. Entrepreneurs, managers of business development, consultants for startups, business analysts, and managers of marketing are some of the most popular job profiles for a Diploma in Entrepreneurship.

(9). What are the top recruiters of the Diploma in Entrepreneurship?

Ans. HP, ICICI Bank, McKinsey & Company, Microsoft, Goldman Sachs, IBM Deloitte, Sony, etc are some of the top recruiters of Diploma in Entrepreneurship.

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