MBA in Entrepreneurship: Admission 2024, Fees, Syllabus, Entrance Exam, Top Colleges, Job Profiles
MBA in Entrepreneurship is a specialized degree course program to offer students the knowledge and skills they need to establish, manage, and expand their own businesses. This program combines traditional business education with a focus on entrepreneurship and creative thinking.
Students enrolled in this MBA programs
will develop the skills needed for developing business concepts,
turn them into services or goods, and then plan a business venture to bring the idea to market. After earning an MBA in Entrepreneurship,
students can choose from a variety of job profiles, including those for business journalists,
business consultants, development officers, fundraisers, and new venture developers.
An MBA in Entrepreneurship have graduated typically makes between INR 4 and 15 lakhs per annum.
MBA in Entrepreneurship Highlights
| Particulars | Details |
|---|---|
| Course Name | MBA in Entrepreneurship |
| Course Degree | Postgraduation |
| Duration | 2 Years |
| Entrance Exams | CAT, XAT, NMAT, CMAT, MAH CET, etc. |
| Eligibility | A bachelor’s degree in any relevant field with minimum 50% score from an accredited college or university is required. |
| Fees | INR 2.1 to 25 Lakh |
| Average Salary | INR 3.9-17 Lakh |
| Job Profiles | Business Journalists, Business Consultants, New Venture Developers, Fundraisers, and Development Officers, etc. |
| Top Recruiters | Accenture, Amazon, Deloitte, HSBC, Genpact and so on HSBC, HDFC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG, Barclays, etc. |
Why Study MBA in Entrepreneurship?
- Students who pursue an MBA degree have an opportunity to connect with people who work in different businesses. Students can gain advantage from this by being able to make new connections.
- With an MBA in Entrepreneurship, students can learn about venture capital, private equity, entrepreneur strategies, mergers and acquisitions, and global strategies, all of which are important for understanding every aspect of a business.
- An MBA course offers a secure and encouraging environment for brainstorming and understanding plan deficiencies.
- Students pursuing an MBA in Entrepreneurship acquire the necessary skills to manage an organization; the simulated sessions instruct them everything they need to know.
Types of MBA in Entrepreneurship?
| Type of MBA | Details |
| Full-time MBA | A full-time, regular MBA programme. These courses usually last two years and offer an extensive program that covers every aspect of entrepreneurship. Full-time MBA entrance exams include the CAT, MAT, XAT, SNAP, CUCET, and others. |
| Part-time MBA | Typically requiring three to four years to finish, these programs are intended for employed individuals who wish to earn an MBA without having to leave their jobs. Only part-time study in this MBA program is offered. |
| Executive MBA | Senior executives who want to learn more about entrepreneurship can enroll in this MBA programme. These courses are usually offered in a compressed form and last between one and two years. |
| Online MBA | The average duration of an online MBA program is two years, during which time students can study at their own pace within a flexible framework. |
MBA in Entrepreneurship Syllabus
| Semester 1 | |
|---|---|
| Human Resource Management | Business Communication |
| Management Process & Organisation Behavior | – |
| Semester 2 | |
| Financial Management | Production & Operations Management |
| Management Information System | – |
| Semester 3 | |
| Legal Aspects of Business | Operations Research |
| Research Methodology | – |
| Semester 4 | |
| International Business Management | Strategic Management & Business Policy |
| Statistics for Management | – |
MBA in Entrepreneurship Admission Process
The application process for the MBA in Entrepreneurship is the same as that of other MBA specializations. In order to be admitted to the college, the student must look up the admissions procedure.
Top colleges accept MBA candidates based on their performance of entrance exams. Many colleges also provide MBA Admission 2024 on the basis of merit. In order to qualify for MBA admission for the 2024–2026 academic year, candidates must take an entrance exam at the state, national, or university levels, such as the CAT, XAT, TANCET, etc. According to the most recent information, IIFT has been added to the list of non-IIM schools for applicants seeking admission to MBA programs, and the IIFT exam has been canceled.
MBA in Entrepreneurship: Eligibility
The following eligibility requirements must be fulfilled by students who are interested in the course.
A bachelor’s degree in any relevant field with minimum 50% score from an accredited college or university is required.
A valid CAT/MAT/SNAP/XAT/NMAT/GMAT score is required.
Although work experience is not required, is strongly encouraged.
Entrance exams for MBA in Entrepreneurship
| Name of Exam | Exam Dates |
| CAT | 26 Nov ’23 |
| MAT | 3 Dec ’23 |
| XAT | 7 Jan ’24 |
| NMAT | 10 Oct ’23 – 19 Dec ’23 |
| SNAP | 10 – 22 Dec ’23 |
Top private colleges for an MBA in Entrepreneurship?
| MBA in Entrepreneurship Colleges | Fees (in INR) |
|---|---|
| XLRI Jamshedpur | INR 25 lakh |
| SIBM Pune | INR 15.32 lakh |
| NMIMS University | INR 15-30 lakh |
| Jamia Millia Islamia | INR 1.30 lakh |
| Chandigarh University | INR 4.34 lakh |
| Institute of Management, Nirma University | INR 7.62 lakh |
| LM Thapar School of Management | INR 7.29 lakh |
| School of Management, BM Munjal University | INR 11.55 lakh |
| IMI Kolkata | INR 13.00 lakh |
| Welingkar Institute of Management | INR 7.00 lakh |
Top recruiters for MBA in Entrepreneurship
| Top Recruiting Companies for MBA in Entrepreneurship | |
|---|---|
| Deloitte | |
| J P Morgan | Pepsico |
| Infosys | Apple |
| IBM | Accenture |
| Microsoft | Amazon |
MBA in Entrepreneurship job profiles
After completing the MBA in Entrepreneurship program, candidates can pursue the following job profiles in addition to starting a business. These are a few of the most common job profiles for graduates with an MBA in Entrepreneurship who are looking to start their own business.
Entrepreneurs create their own businesses and oversee every aspect of them, such as sales, marketing, and product development. The pay for an MBA in Entrepreneurship can vary substantially based on how profitable the company is.
| Job Role | Job Description | Average Salary Offered |
|---|---|---|
| Small Business Owners | These are the future business owners. It is their responsibility to successfully plan and implement their business concept. They make personnel meetings, set up budgets, project revenue, and make any necessary plan adjustments. They are also responsible for the company’s general expansion. | INR 4.8 Lakhs |
| Business Consultants | A business consultant analyzes a company’s current processes and recommends any changes that are required. They offers appropriate support in the areas of employee training, business development, and management. | INR 9.01 Lakhs |
| Business Reporters | A business reporter conducts conferences, interviews, and research to gather and analyze news and facts about events that are trending. He even provides stories to radio, television, business magazines, and newspapers. | INR 3.4 Lakhs |
| Sales Managers | A sales manager is in responsible for promoting products and making suggestions for practical ways to hit sales goals. In the process, he brings in money for the business. | INR 6.1 Lakhs |
| Fundraisers and Development Officers | For various governmental and non-governmental groups, these professionals are in the role of organizing fundraisers and charitable events. | INR 4.12 Lakhs |
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