|Degree Name||MBA Entrepreneurship Management|
|Degree Duration||Two years|
|Eligibility Criteria||One must possess a bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50%.|
|Admission process||Entrance Exam Based + Merit Based|
|Age||No age restriction|
|Entrance Exams||CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT|
|Exam Type||Semester based|
|Average Fees||INR 5 -15 Lakhs|
|Average Salary||8-24 LPA|
|Job Profiles||Business Owners, Business Developers, Startup Founders, Business Reporters, Fundraisers, Assistant Managers, Business Consultants, Finance Controllers, Human Resource Managers, accountants, IT Managers, Product Managers, Marketing Managers, Sales executives, Logistics Managers, Entrepreneurs, etc.|
|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, TCS, Wipro, Amazon, Google, Flipkart, Infosys, P Morgan Chase and Co., WNS Global Services, Accenture, etc.|
(i). 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.
|Decisive and action-oriented||Self-discipline and Integrity||Business acumen|
|Problem- solving||Self-starter||Analytical skills|
|Leadership qualities||Innovative and enterprising||Knowledge of business and market|
|Ability to take risk||Pro-activeness||Managerial Skills|
|Strategic mindset||Communication skills||Observation skills|
|Interest in Business and Marketing||Strategic mindset||Decision-making skills|
|Critical thinking skills||Awareness of the market and products|
|Name of Colleges ||Total Fees (INR)|
|SIBM, Pune ||5 Lakhs|
|XLRI ||19 Lakhs|
|IIM, Bangalore ||23 Lakhs|
|SPJIMR ||13 Lakhs|
|Name of Colleges||Course Fee(in INR)|
|Indian School of Business||INR 37.35lakh|
|SIBM Pune||INR 15.32 lakh|
|XLRI Jamshedpur||INR 25 lakh|
|Chandigarh University||INR 4.34 lakh|
|BM Munjal University||INR 11.55 lakh|
|Jamia Millia Islamia||INR 1.30 lakh|
|NMIMS University||INR 15-30 lakh|
|IMI Kolkata||INR 13.00 lakh|
|Institute of Management, Nirma University||INR 7.62 lakh|
|LM Thapar School of Management||INR 7.29 lakh|
|SPJIMR, Mumbai||INR 11.05lakh|
|Welingkar Institute of Management||INR 7.00 lakh|
|School of Business Management, NMIMS Mumbai||INR 9.06lakh|
|IIM Bangalore||INR 5.53lakh|
|Prin L.N Welingkar Institute Of Management Development & Research, Mumbai||INR 7lakh|
|Entrepreneurship Development Institute of India, Ahmedabad||INR 5.33lakh|
|Amity Business School Mumbai, Amity University Maharashtra||INR 7.44lakh|
|SP Jain School of Global Management||INR 9.61lakh|
|Name of College ||Average Fees (INR) ||NIRF Rank|
|IIM Bangalore ||23 Lakhs||2|
|XLRI, Jamshedpur ||19 Lakhs||9|
|SPJIMR ||13 Lakhs||18|
|SIBM Pune ||5 Lakhs||22|
|Amity Business School, Noida ||23 Lakhs||41|
|MIT School of Management||19 Lakhs||45|
|Chandigarh University ||13 Lakhs||51|
|Chitkara University ||5 Lakhs||75|
|TCS ||Wipro ||Amazon|
|Infosys ||Flipkart ||Google|
|Accenture ||WNS Global Services ||P Morgan Chase and Co.|
|HSBC ||HDFC ||ICICI|
|Genpact ||Lehman Brothers ||Morgan Stanley|
|Job Role||Average Salary||Job Description|
|Business Consultants||INR 10 lakh per annum||They are responsible for offering a study of the existing practices of a company and making suggestions for developments, specializing in one area of business management, assisting in streamlining a business’ shipping department, developing a business’ employee training programs, etc.|
|New Venture Developers||INR 5 lakh per annum||They are responsible for building market position by developing, locating, closing, negotiating, and defining business relationships.|
|Fundraisers and Development Officers||INR 6 lakh per annum||They are responsible for working for voluntary and charitable organizations in areas of education, health, and economic development, to increase funding from donors.|
|Business Journalists||INR 5 lakh per annum||They are responsible for news coverage for different mediums of mass communication like newspapers, TV, web-portals.|
|Small Business Owners||INR 4.5 lakh per annum||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.|
|Sales Managers||INR 6 lakh per annum||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.|
Top Entrepreneurs of India
Entrepreneurs are not only Businessmen, they are icons for the young and old alike. The names listed below are known around the world for their startling contribution to the development of India and its economy.
|Shiv Nadar ||Azim Premji ||Mukesh Ambani|
|Ardeshir ||Godrej ||Radhakishan Damani|
|Dilip Shanghvi ||Jehangir Ratanji Dadabhoy Tata ||Lakshmi Niwas Mittal|
|Ghanshyam Das Birla ||Gautam Adani ||Anil Aggarwal|
|Mukesh Jagtiani ||Nagavara Ramarao ||Narayana Murthy Ratan Tata|
Expected Salary after Completing MBA in Entrepreneurship Management
The salary one receives after the completion of an MBA in entrepreneurship management degree program is completely variable and depends on different factors such as the skills one possesses, the job profile one has, and the company one works in.
|Level of Experience ||Average Salary(in INR)|
|Above 5 years ||Rs. 15 - 20 lakh per annum|
|1 - 3 years ||Rs. 12 lakh per annum|
|0 - 1 year ||Rs. 6 lakh per annum|
MBA in Entrepreneurship is a career-enhancing course to help you launch and manage a business enterprise or run a family business with the help of the latest skills and techniques in the market. Entrepreneurs enjoy respect and popularity in public life as they are seen as employment and revenue generators. They play an important part in the development of a nation and society.
Career Options after MBA in Entrepreneurship
After completing an MBA in Entrepreneurship in India, many job opportunities are available in several fields. MBA in Entrepreneurship graduates are employed in various sectors such as automobiles, advertising, livestock, banking, telecommunications, hospitality, fashion management, and more.
(1). Marketing Manager
A marketing manager is a professional who is responsible for managing the complete marketing tactics of an organization. A marketing manager oversees the marketing campaigns and ensures all the targets are met.
Entrepreneurs are professionals who own their own businesses and work in different fields on their own start-ups. An entrepreneur manages the complete business and works at every aspect of the business.
A manager is a professional who is responsible for managing the complete department of an organization. A manager supervises and manages all the tasks, team members, and deadlines.
Some other job prospects for MBA in Entrepreneurship are as follows:
|Sales Manager ||New Venture Developer|
|Corporate Supervisor ||Department Manager|
Scope for Higher Education for MBA in Entrepreneurship
An MBA in Entrepreneurship opens up a range of career opportunities for students. Students may opt to work in major international corporations and firms. They might even set up their businesses. Graduates can also pursue a Ph.D. in Management after completion of this course.
Skills that make you the Best Entrepreneur
Entrepreneurship is the potential of someone to show thoughts into motion. It calls for imagination, ingenuity, and risk-taking in addition to the cap potential to do so. Plan and execute initiatives to perform goals. It is critical to selling creativity, competition, and financial improvement. Encouraging an entrepreneurial spirit promotes the formation of the latest organizations and the improvement of the business. Here are a few essential MBA in Entrepreneurship competencies that employers search for whilst hiring:
(i). Humility and Empathy
Entrepreneurs need to plan an attempt to preserve their ft at the floor with even the maximum promising achievements. Practicing humility approach being sensitive, self-aware, kind, and empathetic.
Entrepreneurs can reap better tiers of achievement with the aid of using keeping an open mind, being capable of do not forget diverse factors of view, and attempting out new processes. Welcoming new thoughts and insights will probably allow corporation proprietors to locate progressive answers to demanding situations and to be open and open to greater opportunities with a view to help them with inside the lengthy run.
Starting any corporation wishes an entrepreneur to have the braveness and self-belief to take the primary step. Yet consider wishes to tackle a good deeper that means for entrepreneurs. Exuding quiet and sturdy self-belief as an entrepreneur is a critical characteristic. It generates a feel of self-belief and admire among personnel and traders and is an identifying component in negotiating and concluding offers successfully.
A a success entrepreneur and chief have to be capable of make a selection quick and efficiently.
(1). What is an MBA in Entrepreneurship Management?
Ans. MBA in Entrepreneurship Management is a degree that deals with every aspect of entrepreneurship.
(2). What is the average salary of an MBA in Entrepreneurship Management graduate?
Ans. The average salary of an MBA in entrepreneurship management is around Rs. 6 lahks per annum.
(3). What are the top entrance exams for admission to MBA in Entrepreneurship Management?
Ans. CAT, XAT, and GMAT are some of the top MBA in entrepreneurship management entrance examinations.
(4). Which companies hire MBA in Entrepreneurship Management graduates?
(5). What are the skills required to be a successful entrepreneur?
Ans. Skills required to be a successful entrepreneur include business acumen, leadership qualities, analytical skills, knowledge of business and the market, ability to take risks, pro-activeness, innovativeness, farsightedness, financial management, etc.
(6). What is the syllabus for MBA in Entrepreneurship?
Ans. The MBA in Entrepreneurship syllabus includes subjects like Management Process & Organization Behavior, Financial Management, Production & Operations Management, Management Information System, Operations Research, Business Communication, Managerial Economics, Strategic Management & Business Policy, Legal Aspects of Business, Research Methodology, etc.
(7). What are the admission criteria for MBA in Entrepreneurship?
Ans. For admission to the MBA in Entrepreneurship, course colleges select candidates on the basis of an MBA entrance exam score and conduct personality assessment tests such as group exercises, business presentations, and personal interviews.
(8). Can I pursue an MBA in Entrepreneurship course in part-time mode?
Ans. Yes, you can pursue an MBA in Entrepreneurship course in part-time mode. In India, this course is offered in full-time, part-time, distance-learning, and online education modes.
(9). What are the career opportunities after MBA in Entrepreneurship other than starting my own business?
Ans. MBA in Entrepreneurship graduate who does not plan to start a business can work as Business Consultants, New Venture Developers, Fundraisers, and Development Officers. They can also pursue a career in journalism by covering the business beat for a news agency or publication.