MBA Entrepreneurship is a 2-year postgraduate course that teaches students the fundamentals of building a business, financing a start-up, or managing a growing business. The course revolves around business topics such as Entrepreneurial Mindset and Action, Entrepreneurial Management, and electives, including Understanding Venture Capital. The course blends traditional principles of business with modern concepts tailored for budding entrepreneurs.
The MBA in Entrepreneurship eligibility criteria is that the candidate must have done bachelor’s degree in the relevant discipline with an aggregate of 50-55% marks through a recognized university. Admission to MBA in Entrepreneurship is based on the entrance exams such as CAT/MAT/XAT/CMAT/NMAT/GMAT etc. However, some universities also offer admission based on the merit of the candidate.
The course fees for MBA Entrepreneurship of Government and Private colleges are in the range of INR 2,00,000 – INR 8,00,000. Some of the best colleges that offers an MBA in Entrepreneurship are NMIMS, IIM Bangalore, Amity University, and Nirma University.
After completing a course in MBA in Entrepreneurship, the graduates can pursue jobs in profiles such as Marketing Manager, Product Manager, Finance Manager, Human Resource Manager, Sales Manager, and Business Consultant with salaries ranging from 3 LPA to 9 LPA.
Table of Contents
- MBA Entrepreneurship Highlights
- What is MBA Entrepreneurship?
- Why should one study an MBA in Entrepreneurship?
- Who should pursue an MBA in Entrepreneurship?
- MBA Entrepreneurship Eligibility Criteria
- MBA Entrepreneurship Entrance Test
- MBA Entrepreneurship Colleges in India
- MBA Entrepreneurship Admission Process
- MBA Entrepreneurship Syllabus
- MBA Entrepreneurship Jobs and Salary
- MBA Entrepreneurship FAQs
MBA Entrepreneurship Highlights
The important information about the course MBA Entrepreneurship is highlighted in the table below:
What is MBA Entrepreneurship?
MBA Entrepreneurship is a 2 year postgraduate course in management. The course revolves around basic fundamentals of developing and maintaining a business. The course further enables the students to identify business opportunities, apply design thinking and risk assessment, and provide solutions for emerging markets. MBA Entrepreneurship helps the students to adapt to continuous environmental, technological, and regulatory changes. The course prepares the students for taking over managerial roles and to adapt to change in business.
Why should one study an MBA in Entrepreneurship?
The benefits of studying MBA Entrepreneurship, along with getting high-paying jobs in the business sector, are listed below:
- Develop essential business skills such as market analysis, strategic planning, financial management, and leadership.
- Networking opportunities for future business ventures, such as investors, mentors, fellow entrepreneurs, experts, etc.
- Access to resources, funding, and investors to successfully develop a business.
- Practical advice from experienced entrepreneurs and mentors who have developed a business.
- The Degree defines credibility and instills belief in investors and business partners.
Who should pursue an MBA in Entrepreneurship?
MBA Entrepreneurship is for the people who see themselves developing a business or in leading roles in business Management. Individuals who fall in the following criteria would benefit the most from pursuing MBA in Entrepreneurship:
- Passionate about developing a business and maintaining it.
- Willing to take risk by investing a huge amount of money and time.
- Have technical knowledge and want proper training for developing in the business field.
- Possess the contacts and capital necessary to start a business.
- Transitioning from corporate jobs to Entrepreneurial roles.
- Interested in working in venture capital, startup incubators, or innovation hubs.
MBA Entrepreneurship Eligibility Criteria
The Eligibility Criteria for admission in MBA Entrepreneurship include:
- Passing a Bachelor's degree in any discipline or any other equivalent examination from a recognized board.
- Scored a minimum of 50-55% in a Bachelor's degree with a 5% relaxation for the Reserved Category.
- Cleared Entrance Tests such as CAT, SNAP, CMAT, MAT or any college-based Entrance Examination.
MBA Entrepreneurship Entrance Test
The important details for some of the well-known Entrance tests for MBA in Entrepreneurship, such as Dates and Fees, are mentioned in the table below:
MBA Entrepreneurship Colleges in India
Some of the well-known colleges in India offering an MBA in Entrepreneurship are mentioned below:
MBA Entrepreneurship Admission Process
The admission to MBA in Entrepreneurship is based on the entrance exams given by candidates. However, there are some universities that also provides admission based on the candidate’s merit. For your reference, given below is the step by step admission process you can follow to take admission at NMIMS University, Mumbai consists of following steps
:
Step 1: Ensure you fulfill the eligibility criteria for MBA Entrepreneurship at NMIMS, and register at the official website: www.nmims@edu.
Step 2: Fill the admission form with accurate personal details and go through the instructions sheet provided and upload the required documents such as ID proof, Bachelors Marksheet, photograph, signature .
Step 3: Pay the non refundable registration fee of INR 2500.
Step 4: Appear for the test consisting of 20 questions with 20 marks and 40 marks weightage, followed by a personal interview of 30 marks for 60 weightage.
Step 5: The admission is granted on the basis of merit prepared by the test and personal interview.
MBA Entrepreneurship Syllabus
The MBA in Entrepreneurship is divided into 4 semesters spanning a total of 2 years. The MBA in Entrepreneurship curriculum dives in depth into the fundamentals related to building, financing, or managing a business. Provided below is the MBA Entrepreneurship Syllabus followed at Amity University:
MBA Entrepreneurship Jobs and Salary
After MBA Entrepreneurship one can get start a business or startup or get managerial posts in Businesses. The details about the jobs after MBA Entrepreneurship are given below:
MBA Entrepreneurship FAQs
How does an MBA in Entrepreneurship help if I already have a family business?
MBA Entrepreneurship can give you scale thinking and strategic depth to your current family business. It introduces you to international case studies, succession planning, portfolio diversification, and models of innovation that can only be difficult to obtain without enrolling in formal learning. You will also learn how to professionalize the business, practice modernized governance, digitalize the operations, and leverage analytics to drive growth, which can be extremely helpful in cases where one is moving towards a modernized concept of business (as opposed to being steady in the traditional business.
Can an MBA in Entrepreneurship help me raise funding or attract investors?
Yes, the ability to develop investor-friendly business models is one of the practical results of this program. In classes devoted to venture capital, private equity, or financial modeling, it is possible to develop pitch decks, learn investor psychology and even attend demo days or incubation. Other B-schools provide angel networks or start-up accelerators or seed funding related to the campus.
Is it possible to launch a startup during the MBA itself?
Absolutely. Numerous programs have incubation cells, startup weekend, hackathons, and entrepreneurial labs where during the course students can test and launch ideas. You will be working quite frequently in cross-disciplinary teams, have real entrepreneurs as your mentor, and will test and prove your business model through academic credits. In some institutions your startup performance may even be graded in experiential learning modules.
What kind of faculty or mentors typically teach in entrepreneurship MBAs?
Entrepreneurship degrees, unlike conventional MBA schools, can combine academic directors, business entrepreneurs, startup owners and investors. Most sessions are done by guest lecturers or visiting scholars who have had experience founding their own companies or presently operate incubators or VC firms. This combination guarantees that you are not obtaining a theoretical knowledge only, receiving practical insights, workable models and inside information.
How is risk-taking addressed in an MBA in Entrepreneurship?
Risk is taken as a strategic element and not a blind jump. You will learn about risk mitigation by knowing how to use agile planning, lean startup approach, market validation strategies, and failure analysis. Classes will tell you how to experiment with low capital, how to change direction based on the information and to have limited financial exposure. You will also gain legal and regulatory structures that can be used to cushion your business form unseen liabilities.
