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MBA Entrepreneurship is one of the many specializations offered in MBA programs across the globe; to help students specialize and train in various management tools. MBA Entrepreneurship program is considered best for students who aim to start their own business enterprise. The program is specifically designed to make students understand and cope with various business opportunities and misfortunes related to business establishments. A student must carefully opt for an institution to pursue a management course and ample care should be taken to go through the course structure of the MBA program offered by the institute.
Course Structure
The important modules of the MBA Entrepreneurship program offered by management institutes are:1st Semester
- Concepts of Entrepreneurship Development
- Attributes and Characteristics of a successful Entrepreneur
- Organization Behavior
- Managerial Economics
- Strategic Management
- Global Business Environment
- Evolution of the concept of Entrepreneur
- Entrepreneur Vs. Intrapreneur, Entrepreneur Vs. Entrepreneurship, Entrepreneur Vs. Manager
- Entrepreneurial Culture
- Entrepreneurship and Globalization
- Quantitative Techniques
- Principles & Practices of Management
2nd Semester
- Human Resource Management
- Business Planning Process
- Research Methodology
- Identifying problems and opportunities
- Operations Management
- Basic Government Procedures to be complied with
- Legal Aspects in Business
- Environmental Analysis - Search and Scanning
- Corporate Governance
- Defining Business Idea
- Leadership Development
3rd Semester
- Technical, Financial, Marketing, Personnel and Management Feasibility
- Corporate Finance and Taxation
- Venture Capital Funding
- Stock Market & Share Trading
- Estimating and Financing funds requirement
- International Sustainable Management
- Cross Cultural & Global Management
4th Semester
- Role of Central Government and State Government in promoting Entrepreneurship
- Export Procedure and Documentations
- Transition Management
- Enterprise Establishment and Management
- Support System for New Enterprise Creation
- Emerging Trend in Agri Entrepreneurship
- Managing Family Business
- E-Business
- Preliminary Scanning of Business
- Indian And Global Business Environment
- Business Plan and Project Implementation
- New Enterprise Identification and Selection
These are few important and common modules covered by a lot of management institutes for MBA Entrepreneurship course. A lot of institutions now also provide on the job training which proves very effective in long run.
Eligibility and Duration
The minimum eligibility to enter a MBA course is 10+2 and minimum 55% in graduation from a recognized university. A student is also required to appear for MBA entrance exams like CAT, MAT, GMAT, XAT etc. Every entrance exam has different eligibility percentage; which a student must attain to appear for different colleges and universities. Some institutes also conduct their own entrance exams.
The next procedure to take admission in MBA Entrepreneurship program is personal interview. The duration of a regular degree MBA course is 2 years.
Scope and Career Prospects
There exists a lot of scope for aspirants choosing MBA Entrepreneurship as a master’s degree.MBA Entrepreneurship is best suited for students who have their own business or are planning to start up their own small or large business venture. However, students can also opt for job with companies as the management skills taught during courses can be utilized with other business firms also.
