What is an MBA in Entrepreneurship?
MBA in Entrepreneurship is a degree that provides students with the skills and knowledge they need to start and run their businesses. The curriculum for this type of MBA program typically includes coursework in business plan development, marketing, accounting, and finance. Students in an entrepreneurship MBA program often have the opportunity to take classes on topics such as new venture management and small business law. Many MBA programs in entrepreneurship also include an internship component, which can give students the chance to gain real-world experience in starting and running a business. Earning an MBA in Entrepreneurship can help prepare students for careers as entrepreneurs, small business owners, or managers of entrepreneurial enterprises.
MBA in Entrepreneurship is a 2 year post graduate management degree course for students who look forward to build their own business or startups. MBA in Entrepreneurship help students build ideas about different business proposals and then helping them convert these ideas into products and services. MBA in Entrepreneurship syllabus consists of entrepreneurship focused subjects like venture capital and asset management along with other core subjects included with the purview of MBA Syllabus.
MBA in Entrepreneurship Course Details
Course Duration
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2 years
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Eligibility
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A bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50% or equivalent CGPA
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Admission process
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Entrance Exam Based + Merit Based
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Entrance Exams
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CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT
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Job Profiles
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Assistant Manager, Business Consultant, Finance Controller, Human Resource Manager and Accountant
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Job Sectors
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Automobile, Advertising, Agriculture, Banking, Small and medium enterprise management, Information technology, Hospitality and Fashion management
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Top Recruiters
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HSBC, HDFC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG and Barclays
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Why Study MBA in Entrepreneurship?
• An MBA in Entrepreneurship 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.
• MBA in Entrepreneurship prepares students to run an organization, students learn everything they need to from the mock sessions.
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.
MBA in Entrepreneurship Admission 2024
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 discussions 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, and 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.
MBA in Entrepreneurship Jobs
MBA in Entrepreneurship course come with various job and career opportunities. The compensation offered is proportional to the experience earned in the field. The salary offered increases with the increase of in experience in the field.
Some of the major job profiles available to MBA in Entrepreneurship graduates are mentioned below:
Job Role
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Job Description
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Small Business Owners
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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.
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Business Consultants
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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.
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Business Reporters
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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.
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Sales Managers
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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.
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Fundraisers and Development Officers
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These people are responsible for raising funds and charities for different government and non-government organizations.
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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 and Accountant.
Conclusion
In conclusion, an MBA in Entrepreneurship offers aspiring entrepreneurs the opportunity to develop the skills and knowledge necessary to start and scale their own ventures. It provides a specialized curriculum, key skills acquisition, and numerous benefits. However, individuals should carefully evaluate their goals and circumstances before deciding if pursuing an MBA in entrepreneurship is the right choice for them.