MBA in Entrepreneurship is a 2- year full-time program spread over 4 semesters. The minimum eligibility criterion for this course is a bachelor’s degree in any discipline from a recognized university with a minimum aggregate score of 50% and a valid test score in any of the All India Management Tests like CAT, MAT, XAT, CMAT amongst others.
MBA in Entrepreneurship course imparts knowledge to students on how to become successful entrepreneurs.This course prepares you for the challenges of establishing and growing a business in today’s dynamic digital world. IIAAM will help you build the framework for your new venture and provide you with the skills necessary to become an entrepreneur.By completion of the course, you will develop key capabilities for success in the areas of new product and service development as well as the owner of your own business.
MBA in Entrepreneurship postgraduates can be hired incapacity such as System Analyst, Assistant Manager, Chief Human Resource Manager, Finance Controller, etc. They will have their own venture after completion of this course.
MBA graduates are able to integrate their entrepreneurial education with other functional business aspects like marketing, accounting, economics, finance, and general management.
Students can also avail priceless resources in the form of rich experiences of faculty members, participate in entrepreneurial clubs and activities, associate with start-up incubators and obtain one-on-one coaching from experts.
The growth in many economies, entrepreneurship is definitely the flavor of business right now. This wave is built on the lessons of the first – the dotcom boom – when tech start-ups dominated the entrepreneurial landscape at the turn of the century.
MBA in Entrepreneurship: What is it About?
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Every entrepreneur hopes that his or her business will turn into at least a small or medium venture, and business school will teach you how to run and operate an established business. Isn’t that what the degree is all about?
Now the young generation is driven by the belief that theirs is the ‘next big idea’ to change the world, are kicking up new businesses across domains. Thousands of entrepreneurs-in-the-making are enrolling in academies such as, Startup Institute and Starter School, which teach stripped-down versions of MBA modules.
The MBA program also offers fantastic networking opportunities. Since such a class typically comprises professionals with a few years’ experience from diverse domains, an entrepreneur can easily expand his or her network and even leverage opportunities to collaborate.
MBA in Entrepreneurship is designed to equip students with the requisite skills, knowledge, and networks needed to become entrepreneurs and innovators. The program builds in students the ability to create business ideas, develop these ideas into product and service offerings, and then design a commercial venture to take business ideas to the market.
Students are aided in developing knowledge in important areas of entrepreneurship including learning how to commercialize their business ideas, how to seek venture capital financing for their ventures and how to develop commercial business organizations.
MBA in Entrepreneurship course explores entrepreneurship as the passage of a business idea into a new commercial venture; creating an opportunities to contribute to the society by offering employment to the unemployed. The specialization may involve recruitments, administration of duties, accounts, and estimation of profitability, all basically involving brilliant ideas and funding support.
MBA in Entrepreneurship: Eligibility
The eligibility criteria needed to be satisfied for admission to MBA in Entrepreneurship course are listed here:
- Graduation degree in any discipline from a recognized university
- Valid score in MAT/ CAT/ GMAT/ XAT etc.
- The scorecard should not be more than 2 years old at the time of admission or clearance of university- conducted entrance test.
- Work experience is a favorable add-on.
MBA in Entrepreneurship: Admission Process
MBA in Entrepreneurship is a course that builds attitude, aptitude, and approach. The following stages are involved in the process of admission:
Written Test – Online. The written test majorly include three sections: Quantitative Skills, Reading Comprehension, Logical Reasoning
Group Discussion and Interview – This stage of the process is held between Jan- Dec. GDs and PIs are conducted to check candidates’ personality traits such as Group Behavior, Awareness, Communication skills, Reasoning ability, Flexibility, Leadership, Assertiveness, Initiative, Confidence, Creativity, etc. An interview can be broadly categorized into Personal Interview and Group Interview. In Personal Interview, apart from personality traits, the interviewing panel assesses candidates’ academic performance, goals, and self- awareness. In Group Interview, apart from the parameters mentioned above, candidates are also assessed for the analytical ability for final admission to MBA Entrepreneurship course
Admission: After having cleared these 2 stages, candidates are notified for admission. Most institutes ask the candidates to pay the 1st installment of the course fee within 30 days from the date of the call.
MBA in Entrepreneurship: Career Prospects
MBA in Entrepreneurship is among the popular post-graduate courses in India. The course, also available in the distance learning mode, opens up doors to a lucrative career in fields like sales, marketing, advertising etc., in positions of the Executive or Managerial levels, such as Marketing Manager, Financial Manager, Human Resource Manager etc. which grows with an increase in skills and experience.
Industries that hire successful MBA in Entrepreneurship postgraduates are mentioned here.
- Small and medium enterprise management
- Information technology
- Mining etc.