MBA Entrepreneurship Latest Updates
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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 withi the purview of MBA Syllabus.
The basic eligibility criteria to pursue MBA in Entrepreneurship include candidates having cleared their graduation in relevant stream with an average aggregate score of 50% and above or equivalent CGPA from a recognised university. Admissions to MBA in Entrepreneurship is offered on the basis of MBA Entrance Exams such as CAT, XAT, NMAT, MAT, SNAP and CMAT. There are colleges as well that grant admission on the basis of merit as well.
Some of the MBA in Entrepreneurship Colleges in India include NMIMS, SCMHRD and Amity University. The average course fee ranges between INR 8,00,000 to 16,00,000. Some of the top B-schools offering MBA in Entrepreneurship include IIM Bangalore, IIM Ahmedabad and IIM Calcutta. Post completing the course students are placed across various job profiles with an average salary of INR 6.30 LPA – 11.50 LPA.
2.1 Why study?
2.2 When to Study?
- Types of MBA in Entrepreneurship
- Distance MBA in Entrepreneurship
- MBA in Entrepreneurship Curriculum
5.1 Syllabus
5.2 Electives
6.1 Eligibility
6.2 Admission 2024
6.3 Entrance Exams
6.4 CAT vs MAT
6.5 State MBA Exams
MBA in Entrepreneurship: Course Details
| Course Duration | 2 years |
| Eligibility | A bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50% or equivalent CGPA |
| Admission process | Entrance Exam Based + Merit Based |
| Entrance Exams | CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT |
| Course Fees (INR) | 8,00,000 – 16,00,000 |
| Average Salary (INR) | 6.30 LPA – 11.50 LPA |
| Job Profiles | Assistant Manager, Business Consultant, Finance Controller, Human Resource Manager and Accountant |
| Job Sectors | Automobile, Advertising, Agriculture, Banking, Small and medium enterprise management, Information technology, Hospitality and Fashion management |
| Top Recruiters | HSBC, HDFC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG and Barclays |
What is MBA in Entrepreneurship?
MBA in Entrepreneurship is a specialization of MBA that focuses on students who wish to become entrepreneurs or run existing businesses. This course helps students understand how to start a business and run it efficiently. It provides knowledge about getting funds and using them appropriately.
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.
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MBA in Entrepreneurship prepares students to run an organization, students learn everything they need to from the mock sessions.
Also Check:
When to Study MBA in Entrepreneurship?
- Students must get an MBA in Entrepreneurship when the student has a clear plan for the business venture he/she wants to pursue.
- They must be serious about the business they want to do and take part in all sessions and make the most of the situation. If they are not prepared to work hard then the course would not much prove to be a benefit.
- Students must understand the curriculum and be prepared to use the knowledge. Most importantly the student must know which knowledge will help which part of the business.
Who should study MBA in Entrepreneurship?
- Students who belong to a business-oriented family are most likely to benefit the most from the course.
- Students who have a business plan in mind must do an MBA in Entrepreneurship.
- Studying MBA in Entrepreneurship because of not getting other MBA specializations is not a very good idea.
Types of MBA in Entrepreneurship
MBA in entrepreneurship is available in different modes for different students. It is available full time which is the most popular mode of MBA in Entrepreneurship.
Full Time
A full time regular MBA in Entrepreneurship is the most widely applied course when related to MBA in Entrepreneurship. It is a 2 year course that deals with subjects such as Management Process & Organisation Behaviour, Production & Operations Management, Research Methodology, Strategic Management & Business Policy, Business Communication, Statistics for Management and Marketing Management.
The admission process for MBA in Entrepreneurship takes place through MBA entrance exams such as CAT, MAT, GMAT etc. Top Colleges that provide MBA in Entrepreneurship include Symbiosis International University, Amity Business School, Flame University or SAGE University.
Part Time (Executive)
Executive MBA in Entrepreneurship is a type of part-time MBA Course which is a 1-year course that focuses on mergers and acquisitions, entrepreneur strategies, venture capital etc
- Executive MBA in Entrepreneurship focuses on educating job seekers, managers, entrepreneurs, technocrats, and other business leaders with the view of creating the perfect situation to produce Entrepreneurs.
- This course is perfect for individuals who have spent a significant time in the industry and now want to start a business of their own, preferably and most likely in the industry he/she has worked.
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The admission for EMBA generally takes place through GMAT and GRE. But some colleges also rely on Full Time MBA entrance exams such as CAT for EMBA Admission.
See Also: Executive MBA vs MBA for Executives
MBA vs PGDM
MBA and PGDM are not the same but they do have similar core subjects. There is a difference between MBA vs PGDM. Accreditation from AIU makes an institute’s PGDM program equal to an Master of Business Administration. Most private universities provide PGDM courses. During recruitment MBA and PGDM Course is viewed to be equivalent.
| Parameters | MBA | PGDM |
|---|---|---|
| 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) | 6,00,000 – 16,00,000 | 3,00,000 – 8,00,000 |
| 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 | 9 LPA – 16 LPA | 8 LPA – 12 LPA |
| Entrance Exams | XAT, NMAT, SNAP, ATMA, CAT | MAT, CAT, CMAT, XAT, GMAT |
| Job Opportunities | HR Manager, Business Analyst, Marketing Manager, Finance Advisor and Investment Banker | Project Manager, Data Scientist, Auditor, Tax Specialist and Consultant |
MBA in Entrepreneurship: Distance
MBA in Entrepreneurship is available in distance mode in India. Students must see the relevant Entrance Exams for the college that the student is targeting. After qualifying the Entrance exams the college will contact the successful candidates.
Students must check for the validity of the course and the college in distance or correspondence mode.
- In order to be eligible for this course through correspondence mode students need to possess a bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50%.
- The minimum duration required to complete this course from distance mode is 2 years and the maximum duration of the same is 3 years.
- Admission to an MBA in Entrepreneurship course through correspondence mode is offered on the basis of a valid score in any of the MBA entrance exams like CAT, XAT, MAT, CMAT, etc.
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The average fee for the course ranges from INR 50,000 to INR 1,50,000 annually.
There are a number of colleges and universities offering this course from distance learning like Suresh Gyan Vihar University, Don Bosco University, and many more.
Students can study MBA in Entrepreneurship at a distance mode. This is to help students who are working and have very little time to attend regular 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 |
Source: Official websites of Colleges and Universities
Admission to these colleges and universities follow a different admission process and has its own eligibility qualifications that one needs to fulfill to secure admission. However, the admission process differs from institute to institute. A few of the colleges also offer admission to this course either on the basis of entrance exams score or on the basis of graduation score
MBA in Entrepreneurship: Syllabus
Students must look at the syllabus and curriculum of the specialization that he/she is applying. Every college does not follow the exact same syllabus although they are similar. Students must check whether the subjects they want to study are available in the curriculum.
| 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 |
Electives
| 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
MBA in Entrepreneurship admission process takes place like any other MBA specialization. The student must look into the admission process for the college the student is trying to get admission in.
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.
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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: Entrance Exams
Admission to the course is offered on the basis of the score obtained by the candidate in an entrance exam. After the written test, special group discussions and personal interview rounds are also conducted for preparing the final merit list of shortlisted candidates.
CAT vs MAT
MBA Top Entrance Exams include CAT and MAT. These two MBA entrance exams are accepted by almost all MBA Colleges in India. The exam pattern for CAT and MAT differs slightly. IIMs accept only CAT Scores.
| Parameter | CAT | MAT |
|---|---|---|
| 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 Application Deadlines
| Entrance Exam | Registration Date | Exam Dates |
|---|---|---|
| ATMA | 4th week of December – 3rd week of February 2024 | 4th week of February 2024 |
| CAT | August 5 – September 21, 2023 | November 26, 2023 |
| CMAT | 2nd week of March 2024 Onwards | 1st week of May 2024 |
| GMAT | Throughout the year | Throughout the year |
| NMAT | August 1 – October 12, 2023 | October 10 – December 19, 2023 |
| SNAP | August 23 – November 23, 2023 |
Test 1: December 10, 2023 Test 2: December 17, 2023 Test 3: December 22, 2023 |
| XAT | July 15 – November 30, 2023 | January 7, 2024 |
MBA in Entrepreneurship Abroad
| QS MBA by Career Specialization Rankings: Entrepreneurship | College Name | Fees |
|---|---|---|
| 1 | Stanford Graduate School of Business | Check Fees |
| 2 | MIT (Sloan) | Check Fees |
| 3 | Harvard Business School | Check Fees |
| 4 | Imperial College Business School | Check Fees |
| 5 | Copenhagen Business School | Check Fees |
| 6 | Penn (Wharton) | Check Fees |
| 7 | IESE Business School | - |
| 8 | Cambridge (Judge) | Check Fees |
| 9 | IE Business School | - |
| 10 | Oxford (Said) | Check Fees |
MBA in Entrepreneurship Top Colleges
A significant number of colleges across the country offer MBA in Entrepreneurship courses to students who have passed their undergraduate examinations in any relevant field from a recognized college or university.
Some of the top colleges offering MBA in Entrepreneurship course are mentioned below:
| 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 in Entrepreneurship Jobs
MBA in Entrepreneurship course come with various job and career opportunities. Fresh graduates of the course can easily expect compensation of INR 3 Lakhs to INR 5 Lakhs per year. The compensation offered is proportional to the experience earned in the field. The salary offered increases with the increase of inexperience in the field.
Some of the major job profiles available to MBA in Entrepreneurship graduates are mentioned below:
| Job Role | Job Description | Average Annual Salary (INR) |
|---|---|---|
| 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. | 5.50 L |
| 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. | 9.10 L |
| 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. | 8 L |
| 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. | 10 L |
| Fundraisers and Development Officers | These people are responsible for raising funds and charities for different government and non-government organizations. | 5.11 L |
Source: Payscale
Over the past years, a Master in Business Administration or MBA in Entrepreneurship has become immensely popular among students. More and more students are interested in pursuing this course. The fact that not only students with commerce background but students from science and arts background are also applying for this course affirms it's popularity among students. The course helps students to carry on with their own business ventures.
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.
MBA in Entrepreneurship: FAQs
Ques. What are the eligibility criteria one must fulfill in order to pursue an MBA in Entrepreneurship?
Ans. Students who wish to pursue MBA in Entrepreneurship must have a bachelor’s degree in any relevant field from a recognized college or university with a minimum score of 50%.
Ques. How much does it cost to pursue an MBA in Entrepreneurship degree program?
Ans. The average tuition fee charged by colleges or universities for this course in India lies anywhere in between INR 5.10 LPA to 11 LPA. The fee is different for private and government institutes.
Ques. Which are some of the most popular colleges offering MBA in Entrepreneurship?
Ans. Some of the most popular colleges offering MBA in Entrepreneurship are FMS, University of Delhi, Christ University, Banglore, ICFAI Business School, Hyderabad, Symbiosis Institute of Management Studies, Pune, Amity Business School, Noida.
Ques. What are the various job positions available to a fresh MBA in Entrepreneurship graduate?
Ans. Some job positions available to an MBA in Entrepreneurship graduates are Assistant Manager, Business Consultants, Finance Controller, Human Resource Manager, accountant, etc.
Ques. Can I pursue an MBA in Entrepreneurship through distance learning mode?
Ans. Yes, the MBA in Entrepreneurship program is also offered through distance or correspondence mode. Some top colleges offering this course through distance mode are IGNOU, Delhi, Symbiosis Institute of Management Studies, Pune, Annamalai University, Karnataka, Narsee Monjee Institute of Management Studies, Mumbai, etc.
Ques. What are some of the popular entrance exams conducted in order to shortlist candidates for admission into the MBA in Entrepreneurship degree program?
Ans. Some of the major all India management entrance exams conducted in order to shortlist students for providing admission into the course are CAT, XAT, NMAT, MAT, SNAP, CMAT, etc.
Ques. What salary can a fresh MBA in Entrepreneurship graduate expect?
Ans. Fresh graduates of this course can easily expect compensation of INR 3 to INR 5 Lakhs per year.
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