MBA in Entrepreneurship Management is a postgraduate degree programme. The course duration is two years, spread across four semesters. The course is offered in the field of management. As of now, 63 colleges and universities offer this course in India. Those interested in entrepreneurship or establishing their business units (start-ups) can apply for this course.
Entrepreneurship Management covers a range of topics such as Business Planning, Start-Up Strategy, Venture Financing, Risk Management, and Entrepreneurial Leadership. Applicants also learn practical applications of business ideas, creating detailed business plans, and aspects of launching a start-up. After graduation, students can opt for careers in diverse industries such as consulting, FMCG, financial services, and business administration.
The eligibility criteria for an MBA in Entrepreneurship Management are similar to other specialisations. Candidates require a bachelor’s degree from a recognised institute in India. The admission procedure is majorly based on entrance examinations such as CAT, MAT, CMAT, XAT, and SNAP. However, some colleges may conduct personal interviews, group discussions, or aptitude tests.
After graduation, candidates can opt for job profiles such as IT Manager, Product Manager, Marketing Manager, Sales Executive, and Entrepreneur. Some of the leading colleges offering MBA Entrepreneurship are SIBM Pune, KL University, and BML Munjal, Gurgaon. The average salary of an Entrepreneur in India is Rs. 22.3 LPA, depending on the experience and skills of the candidate.
Particulars | Values |
---|---|
Degree Name | MBA in Entrepreneurship Management |
Degree Type | Postgraduate |
Degree Duration | Two years |
Semesters | Four |
Entrance Exams | CAT, MAT, SNAP, MAT, CMAT, XAT |
Eligibility Criteria | Graduation in any field |
Admission process | Merit and entrance test-based |
Fees for the entire duration | Rs. 50,000 to Rs. 13.44 Lakhs |
Average Salary | Rs. 18.6 LPA (for an Entrepreneur) |
Job profiles | IT Manager, Product Manager, Marketing Manager, Sales Executive, Logistics Manager, Entrepreneur |
Top recruiters | TCS, Wipro, Amazon, Google, Flipkart, Infosys, P Morgan Chase and Co., WNS Global Services, Accenture |
The eligibility criteria for an MBA in Entrepreneurship Management is more or less similar to other specialisations. The students need to meet the guidelines because it will define their qualifications. We have mentioned the eligibility of an MBA in Entrepreneurship Management in a table format.
Eligibility Parameters | Details |
---|---|
Educational Qualification | Bachelor's degree from a recognised institute in India |
Minimum aggregate percentage | 50 per cent in aggregate (for general categories) and 5-10 per cent for SC/ST/OBC candidates |
Provisional Admission | Final-year applicants are eligible for admission on a provisional basis |
For International students | The eligibility requirements for international students may be different |
Work Experience (not mandatory) | 1-2 years (some colleges may prefer candidates with some work experience) |
Management institutes follow a three-step selection procedure for admission. Few institutes offer admission to the MBA Entrepreneurship Management depending on the bachelor's degree marks. Candidates can check the official website of the institute to find other course details. Listed below is the step-wise admission procedure for MBA Entrepreneurship Management.
Step 1- Study the course and college- Students are advised to study the course in detail, its scope, and career prospects. They should also study about the college such as placement details, admission guidelines, eligibility criteria, fee structure, scholarships (if any), and facilities provided.
Step 2- Eligibility criteria- The candidates must fulfil the eligibility criteria before applying for admission. They can check the programme prospectus or the official website to learn more about the same.
Step 3- Entrance examination- They must appear for at least one management entrance examination. CAT, XAT, MAT, CMAT, SNAP, and NMAT are some of the well-known examinations.
Step 4- Cutoff score- The cutoff score is released annually after the declaration of the exam results. Students will be allotted colleges based on their cutoff score.
Step 5- GDPI- In addition to these entrance examinations, candidates should also appear for group discussion or personal interviews.
Step 6- Pay course fees and submit relevant documents- To confirm their seats, candidates should pay the course fees and submit relevant documents.
Many examinations are conducted at university, state, and national levels for various MBA specialisations. However, the choice of the examination depends on the admission policy and regulations of the institute. In the table below, we have listed some of the popular MBA entrance examinations.
Exam Name | Level | Conducting Body | Exam Schedule |
---|---|---|---|
National Exam | Indian Institute of Management Lucknow | ||
National Exam | All India Management Association | ||
National Exam | National Testing Agency (NTA) | ||
University/National Level | XLRI Jamshedpur | ||
University/National Level | Symbiosis International University |
In the table below, we have provided the cutoff of some popular management colleges in India. Candidates should meet the cutoff requirements if they wish to study at their desired institution.
Exam Name | Cutoff |
---|---|
CAT | |
XAT | |
MAT | |
CMAT |
MBA has various specialisations that cater for the diverse interests of graduates. Some of the popular specialisations amongst MBA aspirants are Finance, Human Resource Management, and Marketing. In the below-mentioned table, we have provided a list of popular MBA specialisations.
The MBA in Entrepreneurship Management syllabus includes a variety of topics from accounts to human resources, market research to planning and execution, and industrial orientation to production and operations management. In the table below, we have mentioned the MBA in Entrepreneurship Management syllabus of SIBM Pune.
Semester-1 | |
Project-1 | Fundamentals of Entrepreneurship and Intrapreneurship |
Fundamentals of Innovation | Business Communication |
Creativity and Problem Solving | Design Thinking |
Essentials of Marketing Management | Financial Accounting |
Marketing Research | Secotrial Innovations |
Managerial Economics | - |
Semester-2 | |
AI and ML for Business Management | Sectorial Innovations-II |
Internship | Business Analytics |
Organisational Behaviour | Management of Operations |
Lean Startup | Strategic Management |
Product Design | Industrial Automation & Robotics Lab |
Integrated Disaster Management | Project-2 |
Semester-3 | |
Basics of Intellectual Property and Business Law | Finance Strategy |
Project-3 | Project-4 |
Marketing Strategies For Entrepreneurs | Conflict and Negotiation |
Management Information Systems | Human Resource Management |
Project Management | Venture and Private Equity Funding |
Semester 4 | |
Project-5 | Innovation Lab 1 |
Innovation Lab 2 (New Venture Planning) | Export-Import Management |
The fee for an MBA in Entrepreneurship Management can range from Rs. 50,000 to Rs. 13.44 Lakhs depending on the institute. Some of the factors include its ranking, prestige, and the ownership of the institute. Private colleges are generally more expensive than public institutes because of the facilities available for the students.
The scope of MBA Entrepreneurship is vast, and there are many employment opportunities available after graduation. Entrepreneurship plays a significant role in wealth creation and employment generation in India and it is very critical to the country’s growth and development. More than 60 per cent of the entrepreneurs are self-financed while the rest start their businesses through financial support from banks, and investors. The field of Entrepreneurship has huge potential for the youth of the country.
There are better options in employment for candidates with a higher degree program such as a PhD. Many youths in India are aspiring entrepreneurs, they wish to take financial control of their lives from an early age. Flipkart, OYO Rooms, OLA, CarDekho, and Urban Ladder are some examples of such success stories of entrepreneurship in India.
Apart from Entrepreneurship, graduates can pursue a variety of career options. They can contribute to industries such as Finance, consulting, and FMCG. In the table mentioned below, we have discussed the popular career options after Entrepreneurship Management along with their job description and average salary.
Job Profiles | Job Descriptions | Average Salary |
---|---|---|
Entrepreneurs | Entrepreneurs are professionals who are responsible for starting their own business from scratch with the help of their funds, taking loans from banks, or through investments by early-stage investors. They are responsible for ensuring that their companies run profitably and try to solve an important problem people are facing. | Rs. 18.6 LPA |
Managers | Managers are professionals who are responsible for managing a team or group of teams depending on their experience and skills. They are also responsible for supervising and managing the tasks, of team members, and ensuring that the deadlines are met. | Rs. 16.1 LPA |
Marketing Managers | Marketing Managers are professionals who are responsible for managing the marketing department of an organisation. They also oversee the marketing campaigns and ensure all the targets are met consistently. | Rs. 12.6 LPA |
Salary Source: AmbitionBox
The MBA in Entrepreneurship Management programme prepares the students to understand the entire process of setting up and running a profitable business. It equips the students with the necessary skills such as risk-taking, leadership, knowledge of business and management, and critical thinking. These skills will help the candidates in their careers either as entrepreneurs or working professionals.
The average salary of an MBA Entrepreneurship Management graduate is variable and is influenced by various factors. Some of the factors are the experience and skills of the candidate, work location, and the job role chosen by the person. The salary offered in the private sector is also different from the government. In the table below, we have mentioned the average salary of a private and government sector.
Job Profiles | Average Salary |
---|---|
Private | Rs. 3 LPA-Rs. 75 LPA |
Government | Rs. 3 LPA-Rs. 25 LPA |
Salary Source: Naukri.com
Various states in India constitute some of the finest colleges in India that offer MBA in entrepreneurship management degree programmes. Candidates can find the list of top Master of entrepreneurship degree colleges in top states mentioned in the table below:
The MBA in Entrepreneurship Management admission process is done through various entrance examinations, such as CAT, MAT, XAT, and CMAT. In the table below we have mentioned the private MBA in Entrepreneurship Management colleges and MBA entrepreneurship fees:
Colleges | Fees |
---|---|
Rs. 13.44 Lakhs | |
Centre for Management Studies and Research, Ganpat University, Mehsana | Rs. 1.90 Lakhs |
Rs. 5.40 Lakhs | |
Don Bosco University Centre for Online and Distance Education, Guwahati | - |
- | |
Rs. 11.70 Lakhs | |
Rs. 3.24 Lakhs | |
Rs. 1.80 Lakhs | |
Rs. 2.10 Lakhs | |
Rs. 65,500 |
Government MBA in Entrepreneurship Management college is less expensive than the private MBA in Entrepreneurship Management college. MBA Entrepreneurship colleges are well-known throughout India for their high academic standards. Some of the top government MBA Entrepreneurship colleges and MBA entrepreneurship fees are listed below:
Colleges | Fees |
---|---|
Rs. 60,000 | |
Graduate School of Management Studies, Gujarat Technological University, Ahmedabad | Rs. 50,000 |
International Institute of Professional Studies, Devi Ahilya University, Indore | - |
Rs. 50,900 | |
Rs. 2.25 Lakhs | |
University School of Management and Entrepreneurship, Delhi Technological University, Delhi | Rs. 4.42 Lakhs |
MBA in Entrepreneurship Management is a degree which deals with every aspect of entrepreneurship.
Candidates for the MBA in Entrepreneurship Management must have a bachelor's degree or be in their final year of a bachelor's degree with any specialization.
MBA in entrepreneurship management admission is based on merit as well as entrance exams like CAT, and MAT.
The average salary of an MBA in entrepreneurship management is around Rs. 6 LPA. depending on the skills and experience of the candidate.
MBA in entrepreneurship management graduates can work abroad if the work permit is allowed and all the rules are followed.
The scope of MBA in entrepreneurship management is huge and there are various employment opportunities available after the completion of graduation.
TCS, Wipro, Amazon, Google, Flipkart, Infosys, P Morgan Chase and Co., WNS Global Services, Accenture are some of the top companies hiring MBA in entrepreneurship management.
Entrepreneur, Manager, Marketing Executive are some of the top job profiles.
CAT, XAT, GMAT are some of the top MBA in entrepreneurship management entrance examinations.
The duration of MBA course in this specialisation is for 2 years with 4 semesters.
The course subjects are Management foundations, Business environment, Computer Management, Polity & Society, and behavioral sciences.
Application Date:05 September,2024 - 25 November,2024
Application Date:15 October,2024 - 15 January,2025
Application Date:10 November,2024 - 08 April,2025