Best MBA Specialization For Entrepreneurs

What is MBA Entrepreneurship?

Is best Mba specialization for entrepreneurs on your radar?.Would you like to apply to the best universities in the world for Mba specialization for entrepreneur.if so? This article will provide you with information about the best Mba specialization for entrepreneurship

MBA or Master of Business Administration Entrepreneurship is a 2-year full-time postgraduate degree program. The course follows a semester-based curriculum. It is just another specialization of MBA degree programs.

This specialization trains students to become successful independent entrepreneurs. The course incorporates several aspects of business management and teaches students about transforming ideas into successful businesses.

Candidates who wish to pursue this course must possess a bachelor’s degree in any relevant discipline from a recognized college or university with a minimum aggregate score of 50%.

Admission to the course is offered on the basis of the score obtained by the candidate in an entrance exam. 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.

Why should an entrepreneur pursue an MBA? The consensus not too long ago was that an MBA does not encourage or harness entrepreneurship. But times have changed. Today, for future entrepreneurs, an MBA program can provide the basic fundamentals on how to start a business, from the ground up. Some business schools also offer Entrepreneurship MBA programs that tailor curriculum specifically for new business formation as well as business plan competitions, so budding entrepreneurs can learn how to dial in their ideas and pursue venture capital and angel investment funding. Other business schools also offer technology-centric MBA programs, which can help many entrepreneurs as well.

Specialized entrepreneurship and innovation centers on a business school campus can offer networking opportunities and even lab space where students can build their new businesses. Increasingly, business schools are building these and other resources, which can be leveraged by entrepreneurship-minded MBA students. 

Indeed, in recent years an increasing number of students have used the MBA experience to build and launch startups. Even those who do not want to start a new business can put an MBA in Entrepreneurship to work: employers are increasingly looking for candidates entrepreneurship skills to spearhead new initiatives and streamline processes.

Admission to the course is offered on the basis of the score obtained by the candidate in an entrance exam. 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.

Key Highlights of MBA Entrepreneurship
Course level	Postgraduate
Course duration	2 years
Eligibility	One must possess a bachelor’s degree in any relevant field from a recognized college or university with a minimum aggregate of 50%.
Admission process	Entrance Exam Based + Merit Based
Top Entrance Exams	CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT
Exam Type	Semester based
Average Fee	INR 1 to 20 Lakhs
Average Salary	INR 3 to 5 lakhs
Job Profiles	Assistant Manager, Business Consultants, Finance Controller, Human Resource Manager, accountant, etc.
Job Sectors	Automobile, Advertising, Agriculture, Banking, Small and medium enterprise management, Information technology, Hospitality, Fashion management, etc.
Top Recruiters	HSBC, HDFC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG, Barclays, etc.

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. Some colleges also consider certain other factors like 10th marks, 12th marks, graduation percentage, job experience for providing admission to the course.

The average tuition fee charged by colleges or universities for this course in India lies anywhere in between INR 1 to 20 Lakhs. The fee is different for private and government institutes. The fee varies from institution to institution.

Fresh graduates of the course can easily expect an average salary of INR 3 and 5 Lakhs per annum. The compensation is proportional to the experience earned in the field. The salary offered increases with an increase of inexperience in the field. Major job profiles available to such graduates are Assistant Manager, Finance Controller, Human Resource Manager, Accountant, etc

Do I qualify MBA Entrepreneurship Eligibility Criteria?

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.
• Work experience is not mandatory but is highly preferred.

What is the MBA Entrepreneurship Admission Process?

Admission to the course is granted based on the candidate’s performance on an entrance exam. Shortlisting students for admission to the course may include a group discussion and personal interview round. In most cases, colleges and universities calculate a cumulative score based on the candidate’s test score as well as his or her performance 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 month 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 discussion 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, 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.

Entrance Exams

What are the Top MBA 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 discussion and personal interview rounds are also conducted for preparing the final merit list of shortlisted candidates.

Some of the most popular entrance exams conducted for admission into the course are given below with their application and entrance exam dates:

Entrance Exam	Application Period	Exam Date
CAT 2020	July 29 to August 08, 2020	November 25, 2020
XAT 2021	3rd week of August to 2nd Week of December 2020	1st week of January 2020
MAT 2020	March 6- June 24, 2020	July 2 and July 4, 2020
CMAT 2021	1st week of November to 1st week of December 2020	4th week of January 2021
GMAT 2020	Throughout the year	As per one’s selection

One of the most important factors responsible for excelling in any entrance exam is to be well aware of the latest exam pattern. Hence one should do thorough research about it in order to develop a clear idea about the exam pattern. Apart from this, one should know the full syllabus of the entrance exam. Mainly there are four sections in almost all the management entrance exams.

• Verbal ability and reading comprehension
• Quantitative ability
• Data interpretation and logical reasoning
• General knowledge and current affairs

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 discussion and personal interview rounds are also conducted for preparing the final merit list of shortlisted candidates.

• Since the admission process is based on the score obtained in an entrance exam, it is very important to perform well and score a good percentile in the entrance exam in order to make it to a good college.
• Be well updated about the latest exam pattern. Be well aware of the weightage assigned to each section in the exam and prepare accordingly.
• One must start preparing for the entrance exam a year before as this gives ample time for learning and revision. Do keep your target institute in mind.
• Consistency and persistence are the two key factors for achieving success in this entrance exam. Make sure you allocate some time from your daily schedule to prepare for the exam.
• After qualifying the exam, one is further required to appear for some special rounds like group discussion and personal interview. Once you have taken the exam, start preparing for these rounds. Be well updated about the current happenings and trending topics.

Syllabus

What is the MBA Entrepreneurship syllabus?

MBA Entrepreneurship course is a 2-year degree program. Each year consists of 2 semesters. The course curriculum incorporates various assignments, quizzes, and presentations. In some colleges, it is mandatory for students to take up any related internship while pursuing the course.

The table given below mentions the semester wise breakup of the course’s syllabus:

Semester I	Semester II	Semester III	Semester IV
Management Process & Organisation Behaviour	Production & Operations Management	Research Methodology	Strategic Management & Business Policy
Business Communication, Statistics for Management	Marketing Management	Legal Aspects of Business	International Business Management
Financial & Management Accounting	Management Information System	–	–
Managerial Economics	Financial Management	–	–
Human Resource Management	Operations Research	–	–
–	Project Management	–	–

Colleges

What are the top MBA Entrepreneurship Colleges?

A significant number of colleges across the country offer MBA 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 Entrepreneurship course are mentioned below:

Name of the Institute	Location	Admission Process	Average Fee
Symbiosis International University	Pune	SNAP	INR 7.8 Lakhs
University Business School, Panjab University	Chandigarh	CAT	INR 1 Lakh
Amity Business School	Noida	CAT, MAT, GMAT, XAT, NPAT, and CMAT	INR 10.6 Lakhs
Manav Rachna International Institute of Research and Studies	Haryana	CAT, MAT, and XAT	INR 5.29 Lakhs
Chandigarh University	Chandigarh	Merit-Based	INR 3.7 Lakhs
Royal Global University	Assam	CAT, MAT, GMAT, XAT, and CMAT	INR 4.48 Lakhs
Flame University	Maharashtra	CAT, MAT, and XAT	INR 15.8 Lakhs
K R Mangalam University	Haryana	CAT, MAT, and UPSEE	INR 5. Lakhs
SAGE University	Madhya Pradesh	Merit-Based	INR 2 Lakhs
Rabindranath Tagore University	Madhya Pradesh	AJEE	INR 1.4 Lakhs

Sometimes, due to various reasons, one can not pursue the desired course through regular learning, in such a case distance learning comes to rescue. Students can pursue an MBA Entrepreneurship course through distance mode as well. 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 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.
• 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.

Read More about MBA Entrepreneurship Distance LearningWhat after MBA Entrepreneurship?

What after MBA Entrepreneurship?

MBA Entrepreneurship course comes 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.https://b9ca3652e26a419877aeca7dc2c7ffa6.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.htmlAPPLY NOWCHECK ELIGIBILITYGET UPDATES

Some of the major job profiles available to MBA Entrepreneurship graduates are mentioned below:

Job Role	Job Description	Average Salary Offered
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.	INR 4.5 Lakhs
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.	INR 8.9 Lakhs
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.	INR 3.5 Lakhs
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.	INR 6 Lakhs
Fundraisers and Development Officers	These people are responsible for raising funds and charities for different government and non-government organizations.	INR 4.19 Lakhs

Source: Payscale

Over the past years, a Master in Business Administration or MBA 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 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, accountant, etc.https://b9ca3652e26a419877aeca7dc2c7ffa6.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.htmlMBA Entrepreneurship Vs MBA Finance

What is the Difference: MBA Entrepreneurship Vs MBA Finance?

MBA Entrepreneurship and MBA Finance are two separate courses that have their own benefits. It totally depends on your educational background and area of interest to select one of these courses.

Some of the key differences between these courses are mentioned below:

Parameters	MBA Entrepreneurship	MBA Finance
Full-Form	Master in Business Administration Entrepreneurship	Master in Business Administration Finance
Course overview	MBA in Entrepreneurship trains students to become successful independent entrepreneurs. The course incorporates several aspects of business management and teaches students about transforming ideas into successful businesses.	MBA in Finance deals with different aspects of finance studies and their implementation in establishing a successful business. The course is all about financial management.
Admission Process	Merit+Entrance Based	Merit+Entrance Based
Entrance Exams	CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT	CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT
Average Fee	INR 1 to 20 Lakhs	INR 3 to 8 Lakhs
Average Salary Offered	INR 3 to 5 Lakhs	INR 4 to 10 Lakhs
Top job profiles	Marketing Manager, Financial Manager, Human Resource Manager, Sales Managers, Business Consultants, and many more	Financial Consultant, Finance Manager, Business Analyst, Accounting Manager, Bank Manager, Corporate Controller, Relationship Manager, etc.
Colleges	FMS, University of Delhi, Christ University, Banglore, ICFAI Business School, Hyderabad, Symbiosis Institute of Management Studies, Pune, Amity Business School, Noida.	FMS, University of Delhi, Narsee Monjee Institute of management studies, Mumbai, Symbiosis institute of management studies, Pune, etc.

Source: Official Universities and Colleges Survey

The course opens up various career opportunities in front of students. Students can choose to work in big multinational companies and firms. They can even set up their own businesses.

Over the past years, a Master in Business Administration or MBA 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 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, accountant, etc.

What is the Difference: MBA Entrepreneurship Vs MBA Finance?

MBA Entrepreneurship and MBA Finance are two separate courses that have their own benefits. It totally depends on your educational background and area of interest to select one of these courses.

Some of the key differences between these courses are mentioned below:

Parameters	MBA Entrepreneurship	MBA Finance
Full-Form	Master in Business Administration Entrepreneurship	Master in Business Administration Finance
Course overview	MBA in Entrepreneurship trains students to become successful independent entrepreneurs. The course incorporates several aspects of business management and teaches students about transforming ideas into successful businesses.	MBA in Finance deals with different aspects of finance studies and their implementation in establishing a successful business. The course is all about financial management.
Admission Process	Merit+Entrance Based	Merit+Entrance Based
Entrance Exams	CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT	CAT, XAT, MAT, CMAT, GMAT, SNAP, NMAT
Average Fee	INR 1 to 20 Lakhs	INR 3 to 8 Lakhs
Average Salary Offered	INR 3 to 5 Lakhs	INR 4 to 10 Lakhs
Top job profiles	Marketing Manager, Financial Manager, Human Resource Manager, Sales Managers, Business Consultants, and many more	Financial Consultant, Finance Manager, Business Analyst, Accounting Manager, Bank Manager, Corporate Controller, Relationship Manager, etc.
Colleges	FMS, University of Delhi, Christ University, Banglore, ICFAI Business School, Hyderabad, Symbiosis Institute of Management Studies, Pune, Amity Business School, Noida.	FMS, University of Delhi, Narsee Monjee Institute of management studies, Mumbai, Symbiosis institute of management studies, Pune, etc.