MBA in Entrepreneurship: Everything You Need to Know

Entrepreneurship is essential for business success and today, entrepreneurs are more important than ever in developing the financial and social institutions of countries around the world. More and more people with entrepreneurial aspirations are enrolling in educational courses to hone their skills. Students nowadays pursue an MBA in Entrepreneurship to meet these specific educational needs. This course is designed to provide students with the skills, knowledge and networks needed to become innovators and entrepreneurs.

The programme teaches students how to generate business ideas, develop these ideas into service and product offerings, and then design a commercial project to bring business ideas to market. MBA in Entrepreneurship is a two-year full-time programme with four semesters.

MBA Courses: Required Skill Set

MBA in Entrepreneurship in India requires its students to have extensive management knowledge. Other general requirements include:

• Willingness to Take a Risk
• Understanding Strategy and Taking Advantage of Opportunities
• Integrity and Self-Discipline
• Proactiveness and Innovation
• Decision-Making and Action-Oriented

Skills Taught Under MBA In Entrepreneurship

Soft skills learned during MBA courses include networking, collaboration, leadership abilities, creativity and decision-making flexibility, all of which will serve you well when founding a firm. Your start-up idea may begin with only you, but if you want to build the firm, you will need to engage and work with many other people. 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 since you will be responsible for all aspects of the company in a small team. Strategy, finance, marketing, analytics and other skills will be required. An MBA in Entrepreneurship can also help you overcome some of the unique hurdles that entrepreneurs confront when converting an idea into a real, thriving firm. You will examine topics like financing, growth management, market research, monetising innovation and social impact.

MBA in Entrepreneurship Eligibility Criteria

MBA in Entrepreneurship candidates must have a Bachelor's degree in Business Administration or an equivalent bachelor's degree from a reputable institution. Candidates with 45% aggregate marks are eligible. The proportion may vary from one college to the next. Eligible individuals may apply for this course online at the college's official website or in person at the Admissions Office. Competitive scores on MBA entry tests like the XAT, GMAT, CAT, and MAT are also required. At the time of admission or while passing the University-conducted entrance test, the entrance examination scorecard should not be older than two years.

MBA in Entrepreneurship Syllabus

MBA in Entrepreneurship students learn about venture formation, product/service development and company management. A heavy emphasis on entrepreneurship aimed at training students with leadership and challenge-management abilities helps them to create enterprises while adapting to on-going environmental, technical, and regulatory reforms.

MBA Entrepreneurship: Career Opportunities

MBA in Entrepreneurship is a popular postgraduate programme in India. The course, which is also available in distance-learning mode, opens doors to a lucrative career in fields such as sales, marketing, advertising, etc. in Executive or Managerial positions such as Marketing Manager, Financial Manager, Human Resource Manager and so on. The scope of a higher position also grows with the increase in the candidate’s experience and skills.

Top MBA in Entrepreneurship recruiters include:

• Wipro
• Hindustan Unilever
• TCS
• Reckitt Benckiser
• Reliance
• CRISIL
• Heidelberg Cement

The following industries recruit successful MBA in Entrepreneurship postgraduates:

• Automobile
• Advertising
• Cement
• Agriculture
• Information Technology
• Banking
• Mining
• Management of small and medium-sized businesses
• Insurance

Wrapping Up

Sunstone is a leading higher education services provider that works with academic institutions in upskilling students for employability. Sunstone offers career-oriented training interventions for undergraduate and postgraduate students at 30+ institutions across 25 cities.

Sunstone’s training programs are industry endorsed to enhance employability. These programs are designed for hybrid delivery with an unparalleled focus on soft skills and personality development. Sunstone’s focus is to provide students with a holistic educational experience.

Frequently Asked Questions (FAQs)

Which is the best MBA for entrepreneurs?

If you acquire an MBA in Entrepreneurship, you are able to work in a variety of sectors, including financial management, business operations, accounting and auditing, information security and human resources.

What does an MBA in entrepreneurship do?

MBA in Entrepreneurship graduates often want to start their own business at some point in their careers. However, many take employment offers from existing companies after graduation. Graduates may utilise their abilities to foster internal innovation and become intrapreneurs within firms.

What is an MBA in entrepreneurship salary?

The MBA in entrepreneurship salary in India begins with a pay of INR 5,00,000 per year rising to INR 20 LPA based on job experience.

Can I do an MBA after B.Com?

A top B-school MBA or PGDM education opens the door to a variety of professional prospects for you. MBA programmes provide specialties in areas such as finance, human resources and marketing. Choosing a specialisation in MBA after B.Com can lead to jobs in Sales, Marketing, Analytics, HR, Operations, and many other fields.

What is the MBA in Operations syllabus?

The MBA in Operations syllabus covers learning in several elements of corporate management, such as manufacturing, planning, services, production and maintenance. Interaction with engineers, researchers, marketing experts, and other stakeholders is common in typical Operations Management jobs.