MBA in Entrepreneurship is a two-year postgraduate speciality of MBA for students interested in starting their own firm. Along with other MBA Syllabus disciplines, the MBA Entrepreneurship syllabus focuses on entrepreneurship-focused subjects such as venture capital and asset management.
Entrepreneurship MBA Admission is granted on the basis of a candidate’s performance on an entrance exam. The CAT, XAT, NMAT, MAT, SNAP, CMAT, and other key all-India management entrance tests are used to shortlist individuals for admission into the programme.
NMIMS, SCMHRD, Amity University, and other Indian MBA in Entrepreneurship colleges include NMIMS, SCMHRD, and Amity University, among others. Between INR 5,00,000 and INR 9,00,000 is the average course fee. IIM Bangalore, IIM Ahmedabad, IIM Calcutta, and others provide MBA in Entrepreneurship.
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MBA in Entrepreneurship: Course Highlights
|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 the 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 Consultants, 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.|
What is an MBA in Entrepreneurship?
MBA in Entrepreneurship is a speciality of MBA that focuses on students who want to start their own business or manage one that already exists. Students learn how to be entrepreneurs through an MBA curriculum that focuses on entrepreneurship. This course teaches students how to start and run a business effectively. It teaches people how to obtain money and how to spend it wisely.
Why Study MBA in Entrepreneurship?
- Students with an MBA degree have the opportunity to meet a variety of professionals who are involved in a variety of industries. This permits pupils to form new connections that will benefit them in the long run.
- Students who pursue an MBA in Entrepreneurship get an understanding of global strategies, mergers and acquisitions, entrepreneur strategies, venture capital, and private equity, as well as the intricacies of running a business.
- An MBA course provides a safe and stimulating environment for brainstorming ideas and determining where the plan falls short.
- MBA in Entrepreneurship trains students to run a business; simulated sessions teach students everything they need to know.
When to Study MBA in Entrepreneurship?
- When a student has a clear plan for the business enterprise he or she wants to pursue, he or she should apply for an MBA in Entrepreneurship.
- The student must be sincere about the business he wishes to start and attend all classes in order to get the most out of the scenario. The student will not gain from the course if he or she is not willing to work hard.
- Students must comprehend the content and be prepared to apply what they have learned. Most importantly, the learner must understand which skills would benefit which aspect of the company.
- Students that come from a family with a business background are more likely to profit from the course.
Who should study MBA in Entrepreneurship?
- Students that come from a family with a business background are more likely to profit from the course.
- Students who want to start a business should get an MBA in Entrepreneurship.
- It is not a smart idea to pursue an MBA in Entrepreneurship due to a lack of alternative MBA specialisations.
Types of MBA in Entrepreneurship
MBA in entrepreneurship programmes are offered in a variety of formats to suit the needs of diverse students. It is offered full-time, which is the most popular MBA in the Entrepreneurship programme.
A full-time MBA in Entrepreneurship is the most generally used programme when it comes to MBA in Entrepreneurship. It’s a two-year programme that covers topics including management process and organisational behaviour, production and operations management, research methodology, strategic management and business policy, business communication, management statistics, and marketing management.
MBA entrance examinations such as the CAT, MAT, and GMAT are used in the admission process for MBA in Entrepreneurship. Symbiosis International University, Amity Business School, Flame University, or SAGE University are some of the top colleges that offer an MBA in Entrepreneurship.
An Executive MBA in Entrepreneurship is a one-year part-time MBA programme that focuses on mergers and acquisitions, entrepreneur tactics, and venture capital, among other topics.
- The Executive MBA in Entrepreneurship focuses on teaching job seekers, managers, entrepreneurs, technocrats, and other business executives in order to create the ideal environment for entrepreneurs to emerge.
- This course is ideal for people who have worked in the sector for a long time and now wish to establish their own firm, preferably and most likely in the same industry.
- GMAT, GRE, and other tests are commonly used to get admission to EMBA programmes. However, for EMBA admission, several universities use Full Time MBA entrance tests like the CAT.
MBA in Entrepreneurship: Distance
In India, a distance MBA in Entrepreneurship is accessible. Students should look at the necessary Entrance Exams for the college they want to attend. The college will notify the successful candidates after they have passed the entrance tests.
In distance or correspondence mode, students must verify the authenticity of the course and the college.
- Students must have a bachelor’s degree in any relevant discipline from a recognised institution or university with a minimum aggregate of 50% to be eligible for this course through correspondence mode.
- The minimum time required to finish this course via distance learning is two years, and the maximum time required is three years.
- Admission to a correspondence MBA in Entrepreneurship programme is based on a legitimate score on any of the MBA entrance tests such as the CAT, XAT, MAT, CMAT, and others.
- The annual price for the course varies between INR 50,000 and INR 1,50,000.
Suresh Gyan Vihar University, Don Bosco University, and others are among the colleges and universities that offer this programme via distance learning.
Students can get an MBA in Entrepreneurship through distance learning. This is intended to assist students who work full-time and have limited time to attend conventional 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|
Course Comparison: MBA vs PGDM
Although MBA and PGDM are not the same, they do share essential subjects. There is a distinction between an MBA and a PGDM. AIU accreditation elevates a PGDM programme to the level of a Master of Business Administration. The majority of private universities offer PGDM programmes. During the hiring process, both an MBA and a PGDM are considered comparable.
|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.|
Admission to these colleges and universities follows a different process and has its own set of eligibility requirements that must be met in order to get admission. The admissions process, on the other hand, varies with every institute. A few colleges also provide admission to this programme based on the results of the entrance tests or the results of the graduation.
MBA in Entrepreneurship: Syllabus
The syllabus and curriculum of the specialism to which the student is applying must be examined. Although they are comparable, not every college follows the same syllabus. Students should verify the curriculum to see if the disciplines they want to study are offered.
|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|
|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 Admission Process
The MBA in the Entrepreneurship application process is similar to those of other MBA specialisations. The student should research the admissions process for the college to which he or she is applying.
MBA in Entrepreneurship: Eligibility
Students interested in enrolling in the course must complete the following requirements.
- A bachelor’s degree from a recognised institution or university in any relevant area is required.
- A valid CAT/MAT/SNAP/XAT/NMAT/GMAT score is required.
- Work experience is not required, although it is strongly recommended.
MBA in Entrepreneurship: Admission 2022
Admission to the course is granted based on the candidate’s performance on an entrance exam. Shortlisting students for admission to the course may include a group discussion and a personal interview round. In most cases, colleges and universities calculate a cumulative score based on the candidate’s test score as well as his or her performance in the group discussion and personal interview rounds.
A basic explanation of the admissions procedure is provided below.
- Candidates must submit their applications to the colleges or universities of their choice.
- Candidates must also register for the admission exam in which they wish to participate. CAT, XAT, NMAT, MAT, SNAP, and CMAT are some of the most common entrance tests for admission to the degree.
- In most cases, the admissions process begins in August or September. By the end of October, practically all entrance exams will have online forms available.
- To be considered for further admission rounds, one must achieve a score higher than the college or university’s minimum qualifying percentage.
- Following the written test, a special group discussion and personal interview phase is held to determine the final merit list of individuals who have been shortlisted.
- After all of the examinations have been completed, the colleges or universities announce the results and publish a merit list of candidates who have been shortlisted based on the written test, group discussion, and personal interview.
- Know that some top colleges evaluate other considerations in granting admission to the course, such as 10th and 12th grades, graduation percentage, and work experience.
- The final assignment of seats to candidates occurs after the admissions procedure, and the candidate is needed to submit the course money and register for the academic year.
MBA in Entrepreneurship: Entrance Exams
Admission to the course is granted based on the candidate’s performance on an entrance exam. Following the written test, a special group discussion and personal interview phase are held to determine the final merit list of individuals who have been shortlisted.
CAT vs MAT
CAT and MAT are two of the most popular MBA entrance exams. Almost all MBA colleges in India accept these two MBA admission tests. The exam patterns for the CAT and MAT are slightly different. Only CAT scores are accepted by IIMs.
|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 in Entrepreneurship Abroad
|QS MBA Rankings 2021: Entrepreneurship||College Name|
|1||Stanford Graduate School of Business|
|3||Harvard Business School|
|4||Imperial College Business School|
|5||Copenhagen Business School|
|7||IESE Business School|
|9||IE Business School|
MBA in Entrepreneurship Top Colleges
Students who have passed their undergraduate examinations in any relevant discipline from a recognised college or university can enrol in MBA in Entrepreneurship courses at a variety of colleges across the country.
The following are some of the best institutions that offer an MBA in Entrepreneurship programme:
|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 Entrepreneurship: Career Prospects
MBA in Entrepreneurship is among the well-known post-graduate courses in India. The course is also available in the distance learning mode, and opens up doors to a profitable career in fields such as marketing, sales, advertising, etc., in positions of the Managerial or Executive levels, for instance, Financial Manager, Marketing Manager, Human Resource Manager, etc., which grows with an augment in experience and skills.
Top recruiters for MBA in Entrepreneurship include:
- Hindustan Unilever Ltd
- AT Kearney
- Reckitt Benckiser
- Heidelberg Cement
Industries that hire successful MBA Entrepreneurship postgraduates include:
- Information technology
- Small and medium enterprise management
MBA in Entrepreneurship Jobs
The MBA in Entrepreneurship programme offers a variety of job and career options. Fresh graduates of the programme can earn a yearly salary of INR 3 lakhs to INR 5 lakhs. The pay scale is based on the amount of experience you have in the field. With increasing inexperience in the field, the salary offered rises.
The following are some of the primary job profiles available to MBA in Entrepreneurship graduates:
|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|
A Master of Business Administration or MBA in Entrepreneurship has grown in popularity among students in recent years. This course is attracting an increasing number of students. The fact that not only students with a commerce background are applying for this course, but also students with a science and art background, demonstrates its popularity among students. The training assists students in continuing their own businesses.
Graduates of the MBA in Entrepreneurship programme are employed in a variety of industries, including automobiles, advertising, agriculture, banking, small and medium firm management, information technology, hospitality, and fashion management, among others. Assistant Managers, Business Consultants, Finance Controllers, Human Resource Managers, Accountants, and other major career profiles are open to such graduates.
Required skillset for the course
MBA Entrepreneurship demands its aspirants to have the best knowledge of management. Other general required skillsets are:
- Understanding Strategy and embracing opportunities
- Ability to take the risk
- Self-discipline and Integrity
- Decisive and action-oriented
Teamwork, networking, creativity, leadership abilities, and decision-making flexibility are all soft skills learned throughout an MBA programme, and they will all help you create a firm. Your startup idea may begin with just you, but if you want to expand it, you’ll need to bring in more people, and you’ll have to work with a lot of them. As a result, solid interpersonal skills and the ability to work well with others are needed. In terms of hard skills, having a well-rounded skill set is essential because you will be responsible for all aspects of business in a small team. Finance, strategy, analytics, marketing, and much more will be required of you.
MBA in Entrepreneurship: FAQs
Ans. MBA in Entrepreneurship candidates must have a bachelor’s degree in any relevant discipline from a recognised college or university with a minimum score of 50%.
Ans. The average tuition fee paid by colleges or universities in India for this course ranges from INR 3.8 to INR 20 lakhs. The fees for private and government institutions are different.
Ans. FMS, University of Delhi, Christ University, Banglore, ICFAI Business School, Hyderabad, Symbiosis Institute of Management Studies, Pune, and Amity Business School, Noida are some of the most popular colleges that provide MBA in Entrepreneurship.
Ans. Assistant Managers, Business Consultants, Finance Controllers, Human Resource Managers, Accountants, and other positions are accessible to MBA in Entrepreneurship graduates.
Ans. Yes, the MBA in Entrepreneurship is also available via distance learning or correspondence. IGNOU, Delhi, Symbiosis Institute of Management Studies, Pune, Annamalai University, Karnataka, Narsee Monjee Institute of Management Studies, Mumbai, and others are among the leading universities that offer this programme via online learning.
Ans. The CAT, XAT, NMAT, MAT, SNAP, CMAT, and other key all-India management entrance tests are used to shortlist individuals for admission into the programme.
Ans. Yes, most colleges have either postponed or are holding these rounds online.
Ans. Fresh graduates of this programme can earn a yearly salary of INR 3 to INR 5 lakhs.