MBA (Entrepreneurship): Full Form, Courses, Admission 2025, Fees, Syllabus, Entrance Exam, Top Colleges, Scope
Latest Updates - MBA (Entrepreneurship)
December 13, 2024: Admissions for MBA in Entrepreneurship programs for 2025 are now open, with application deadlines extending to February 2025. December 13, 2024: Entrance exams such as CAT, MAT, CMAT, and GMAT are accepted by most institutions. December 13, 2024: Selection processes, including GD, WAT, and PI, will take place from March to May 2025. |
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January 02, 2025 06:24 AM
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The MBA in Entrepreneurship program is a two-year course that helps future entrepreneurs learn the skills they need to start and run their own businesses. This program teaches creativity, problem-solving, and good decision-making, which are important for building and growing a company.
To get into the MBA in Entrepreneurship program, candidates usually need a Bachelor's degree from a recognized university with at least a 50% score. Candidates also need to do well on entrance exams like CAT, MAT, XAT, or GMAT. Group discussions and personal interviews are also part of the selection process to check candidates' communication skills and potential.
After finishing this program, graduates can look forward to great job opportunities. They can work as Business Development Managers, Startup Consultants, Venture Capital Analysts, and more. Many top business schools also help graduates find jobs at startups, established companies, and venture capital firms. Aspirants can expect an average salary between INR 5 LPA and INR 20 LPA.
MBA (Entrepreneurship) Course Details
The Postgraduate program in management is an MBA in Entrepreneurship with a duration of two years. MBAs in Entrepreneurship is the best selection for the people who desire their own future to be the most headstrong and the most useful. In addition to completing the course, students could conceive concepts for a variety of corporation arrangements and acquire aid to transform these ideas into products and services. The inceptive syllabus concentrated on venture capital, although the remaining exam topics comprised mainly business creation as well as different additional issues on the MBA curriculum. Prospects must have obtained a degree comparable to CGPA with an average cumulative score of at least 50% or higher corresponding to the structured field from an EAC-approved school. Entrance to an MBA as an entrepreneur is subject to completion of MBA school placement exams such as CAT, XAT, NMAT, MAT, SNAP, and CMAT, with entrance grades for qualifying being 80 percentiles. Extraordinary organisations welcome entrance to candidates on merit. Indian universities possess NMIMS, SCMHRD, and Amity University, as well as an MBA in entrepreneurship. Study course expenditure is eligible between 8,00,000 and 16.00,000 INR. IIM Calcutta, IIM Ahmedabad, and IIM Bangalore are among the greatest B-schools offer an MBA in entrepreneurship. Career places are accessible once a student completes the MBA in the approved absence of enterprise dimensions of LPA between 6.30 and 11.50.
MBA (Entrepreneurship) Highlights | MBA (Entrepreneurship) Course Details |
Course Duration | Two years |
No. of colleges offering | 109 |
Eligibility | A bachelor’s degree in any relevant field from a recognised 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) | INR 8,00,000 – INR 16,00,000 |
Average Salary (INR) | INR 6.30 LPA – INR 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 |
The course structure encompasses a diverse array of subjects and practical experiences aimed at nurturing individuals into adept leaders and problem-solvers within the business landscape. From finance to marketing, operations to human resources, the course equips graduates with the skills and knowledge necessary to excel in various professional domains.
MBA (Entrepreneurship) Degree Full Form
The full form of MBA in Entrepreneurship stands for Master of Business Administration in Entrepreneurship. This specialised degree program is designed to provide students with comprehensive knowledge and skills related to starting, managing, and growing businesses, with a particular focus on entrepreneurial ventures. Let's delve deeper into each component of the full form:
Master of Business Administration (MBA):
Prestigious postgraduate degrees like "Master of Business Administration" concentrate on several facets of managing a corporation. Employers from a variety of industries highly regard it for its extensive curriculum and the capabilities it instils in pupils. In order to provide students a comprehensive grasp of company operations and management concepts, an MBA program often includes basic business activities, including finance, marketing, operations, human resources, and strategy.
Entrepreneurship:
The term "entrepreneurship" is the act of seeing, developing, and taking advantage of chances to launch and oversee new companies or endeavours. It involves taking calculated risks, innovating, and mobilising resources to turn ideas into viable and sustainable businesses. Entrepreneurship encompasses a range of activities, including opportunity recognition, business planning, fundraising, product development, marketing, and scaling operations. Entrepreneurs play a vital role in driving economic growth, innovation, and job creation in both established industries and emerging sectors.
Overview of MBA (Entrepreneurship) Degree:
The MBA in Entrepreneurship degree program combines the foundational principles of business administration with specialised coursework and experiential learning opportunities tailored to aspiring entrepreneurs. It equips students with the knowledge, skills, and mindset needed to identify market opportunities, develop innovative business models, and navigate the challenges of starting and growing a successful venture.
Curriculum:
The curriculum of an MBA in Entrepreneurship program typically covers a wide range of topics relevant to entrepreneurship and business management. Key areas of study may include:
1. Entrepreneurial Finance: Understanding financial management principles, fundraising strategies, venture capital, and financial modelling for startups.
2. New Venture Creation: Developing business plans, assessing feasibility, identifying target markets, and creating value propositions for new ventures.
3. Innovation and Creativity: Fostering creativity, innovation, and design thinking to generate and develop innovative business ideas and solutions.
4. Entrepreneurial Marketing: Crafting marketing strategies, branding, customer acquisition, and market research tailored to the needs of startups and small businesses.
5. Entrepreneurial Leadership: Developing leadership skills, decision-making abilities, and resilience required to lead entrepreneurial ventures in dynamic environments.
6. Entrepreneurial Strategy: Formulating business strategies, competitive positioning, and growth plans for startups and early-stage companies.
7. Legal and Regulatory Aspects: Understanding legal structures, intellectual property rights, contracts, compliance, and ethical considerations in entrepreneurship.
Experiential Learning:
MBA in Entrepreneurship programs often incorporate experiential learning components to provide students with practical exposure to real-world entrepreneurial challenges. This may include internships, consulting projects, startup accelerators, entrepreneurship competitions, and interactions with successful entrepreneurs and industry mentors.
Career Opportunities:
Graduates of MBA in Entrepreneurship programs are well-equipped to pursue a variety of career paths in the entrepreneurial ecosystem. Some common career opportunities include:
Startup Founder/Entrepreneur: Launching and managing their ventures across industries and sectors.
Business Development Manager: Identifying growth opportunities, strategic partnerships, and new markets for startups and small businesses.
Venture Capital/Private Equity Analyst: Evaluating investment opportunities, conducting due diligence, and providing funding to promising startups.
Innovation Manager: Driving innovation initiatives within established companies, fostering a culture of creativity and experimentation.
Entrepreneurial Consultant: Advising startups and small businesses on business strategy, market-entry, fundraising, and growth strategies.
What is an MBA (Entrepreneurship) Degree?
An MBA (Entrepreneurship) degree is a specialised program designed to equip students with the knowledge, skills, and mindset required to start, manage, and grow successful entrepreneurial ventures. This degree combines the core principles of business administration with a focus on entrepreneurial strategies, innovation, and risk-taking. Let's explore what an MBA in Entrepreneurship entails in more detail:
What is an MBA (Entrepreneurship) Degree?
An MBA (Entrepreneurship) degree is a specialised program designed to equip students with the knowledge, skills, and mindset required to start, manage, and grow successful entrepreneurial ventures. This degree combines the core principles of business administration with a focus on entrepreneurial strategies, innovation, and risk-taking. Let's explore what an MBA in Entrepreneurship entails in more detail:
Focus on Entrepreneurial Skills:
Unlike traditional MBA programs, an MBA in Entrepreneurship places a strong emphasis on developing entrepreneurial skills and competencies. Students learn how to identify market opportunities, develop innovative business ideas, create viable business models, and navigate the challenges of entrepreneurship.
Curriculum Highlights:
The curriculum of an MBA in Entrepreneurship program covers a wide range of topics relevant to aspiring entrepreneurs. Key areas of study include:
1. Entrepreneurial Finance:
- Understanding financial management principles, fundraising strategies, venture capital, and financial modelling for startups.
2. New Venture Creation:
- Developing business plans, assessing feasibility, identifying target markets, and creating value propositions for new ventures.
3. Innovation and Creativity:
- Fostering creativity, innovation, and design thinking to generate and develop innovative business ideas and solutions.
4. Entrepreneurial Marketing:
- Crafting marketing strategies, branding, customer acquisition, and market research tailored to the needs of startups and small businesses.
5. Entrepreneurial Leadership:
- Developing leadership skills, decision-making abilities, and resilience required to lead entrepreneurial ventures in dynamic environments.
6. Entrepreneurial Strategy:
- Creating development plans, competitive positioning, and business strategies for startups and early-stage businesses.
7. Legal and Regulatory Aspects:
- Understanding legal structures, intellectual property rights, contracts, compliance, and ethical considerations in entrepreneurship.
Experiential Learning Opportunities:
MBA in Entrepreneurship programs often incorporate experiential learning components to provide students with practical exposure to real-world entrepreneurial challenges. This may include internships, consulting projects, startup accelerators, entrepreneurship competitions, and interactions with successful entrepreneurs and industry mentors.
Career Opportunities:
Graduates of MBA in Entrepreneurship programs have diverse career opportunities in the entrepreneurial ecosystem. Some common career paths include:
- Startup Founder/Entrepreneur:
- Launching and managing their ventures across industries and sectors.
- Business Development Manager:
-Finding new markets, strategic alliances, and development prospects for small and beginning companies.
- Venture Capital/Private Equity Analyst:
- Evaluating investment opportunities, conducting due diligence, and providing funding to promising startups.
- Innovation Manager:
- Driving innovation initiatives within established companies, fostering a culture of creativity and experimentation.
- Entrepreneurial Consultant:
- Advising startups and small businesses on business strategy, market entry, fundraising, and growth strategies.
Why Study MBA (Entrepreneurship) Degree Courses?
Studying for an MBA degree in entrepreneurship offers many advantages to individuals who want to become successful entrepreneurs or business leaders. The following are some of the compelling reasons an MBA in entrepreneurship could be a good investment in education and career:
Develop entrepreneurship skills and mindset:
An MBA in entrepreneurship offers students a thorough understanding of the process of starting up a business and develops the competencies and characteristics to succeed in the world of entrepreneurship. This degree is designed to help students learn how to be creative, or to spot holes in a market, or to be prepared to take risks, or convert a business idea into a reality.
Gain practical knowledge and experience:
Work-based learning assignments, such as consulting projects, startup accelerators, and internships, are frequently included in academic programs for an MBA in entrepreneurship. Students will have a chance to apply the theoretical ideas they have learned to real-world situations. They will practice their critical thinking abilities and start to form the foundation of a valuable network of contacts who can serve as professional coaches and recruiters.
Access to resources and support:
Entrepreneurship programs provide a variety of resources and services designed for aspiring entrepreneurs. Mentoring programs, accelerators, funding networks, networking events, and access to industry professionals and successful entrepreneurs are just a few of the possibilities.
Expand career opportunities:
An MBA in entrepreneurship opens up various career paths for graduates in the traditional corporate domain. Regardless of whether they wish to establish their companies, join new companies at an early stage of growth, work for a venture capital or investment firm, or take entrepreneurial leadership positions within large corporations, an MBA in entrepreneurship gives the knowledge, expertise, and professionalism needed.
In general, an MBA in entrepreneurship offers students the ability to launch financially viable businesses that tackle significant issues, add to the economy, create jobs, and give many people a way to make a living.
What are the different types of MBA (Entrepreneurship) degree courses?
MBA in Entrepreneurship programs come in various formats, each tailored to meet the diverse needs and preferences of students aspiring to become successful entrepreneurs or business leaders. Here are several different types of MBA in Entrepreneurship degree courses:
Type | Description |
Full-Time MBA in Entrepreneurship | A two-year program designed for full-time students, offering a comprehensive curriculum with specialised entrepreneurship coursework. |
Part-Time MBA in Entrepreneurship | Tailored for working professionals, allowing students to balance their studies with full-time employment through flexible scheduling options. |
Executive MBA (EMBA) in Entrepreneurship | Geared towards mid-career professionals with significant work experience, offering a condensed format to accommodate busy schedules while focusing on leadership and entrepreneurial skills. |
Online MBA in Entrepreneurship | It provides flexibility for students to study remotely, offering coursework through online platforms that are accessible from anywhere with an internet connection. |
Dual Degree MBA in Entrepreneurship | Combines an MBA in Entrepreneurship with another specialised degree, allowing students to gain expertise in both business and a related field, enhancing their competitiveness in the job market. |
Accelerated MBA in Entrepreneurship | An intensive program designed for motivated students to complete their degree in a shorter time frame, featuring a heavy course load or accelerated coursework. |
Global MBA in Entrepreneurship | Offers international exposure and collaboration opportunities through study trips, exchange programs, and global consulting projects, preparing students for entrepreneurship in diverse cultural contexts. |
MBA (Entrepreneurship) Degree Courses: Eligibility Criteria
Embarking on the journey toward an MBA (Entrepreneurship) degree necessitates a thorough understanding of the eligibility criteria set forth by various institutions and examination bodies. Here's a comprehensive guide to the eligibility criteria for MBA (Entrepreneurship) degree courses:
Eligibility Criteria | Description |
Educational Qualifications | Bachelor's degree from a recognised university or institution. Most disciplines are accepted, but preference for business, management, or related fields. |
Minimum Academic Performance | Meet minimum GPA or percentage requirements. Strong academic record preferred. |
Work Experience | It is not always mandatory, but some programs may prefer candidates with relevant work experience, especially for executive or part-time MBA programs. |
Entrance Exams | Some institutions require GMAT or GRE scores. Assess quantitative, verbal, analytical, and writing skills. |
English Language Proficiency | For international students or non-native English speakers, proof of English proficiency through tests like TOEFL or IELTS may be required. |
Letters of Recommendation | Submit letters from academic or professional references. Provide insight into qualifications, abilities, and suitability for the program. |
Statement of Purpose (SOP) or Essays | Submit essays detailing academic background, career goals, reasons for pursuing an MBA in Entrepreneurship, and alignment with program objectives. |
Interviews | Some institutions conduct interviews to assess communication skills, professionalism, and suitability for the program. |
Top MBA (Entrepreneurship) Entrance Exams 2025 in India
In India, several entrance exams serve as gateways to prestigious MBA programs, including those specialising in Entrepreneurship. These exams assess candidates' aptitude, analytical skills, and business acumen, ensuring that only the most qualified individuals are admitted to these competitive programs. Here are some of the top MBA (Entrepreneurship) entrance exams in India for 2025:
Entrance Exam | Specific Percentile Requirement |
CAT (Common Admission Test) | Varies for different IIMs and other participating institutes. Generally, a percentile above 90 is considered competitive. |
XAT (Xavier Aptitude Test) | A percentile above 90 is typically required for admission to top B-schools. |
SNAP (Symbiosis National Aptitude Test) | Each Symbiosis institute may have its own cutoff percentile, often above 80-85. |
NMAT (NMIMS Management Aptitude Test) | A score above 200 (approximately 90 percentile) is desirable for NMIMS MBA programs. |
IIFT (Indian Institute of Foreign Trade) Entrance Exam | A percentile above 95 is usually required for admission to IIFT's MBA program. |
CMAT (Common Management Admission Test) | A percentile above 90 is considered competitive for admission to top B-schools. |
MAT (Management Aptitude Test) | A percentile above 80 is typically required for admission to reputed B-schools. |
ATMA (AIMS Test for Management Admissions) | A percentile above 80 is generally considered competitive for admission to MBA programs. |
MBA (Entrepreneurship) Entrance Exam Preparation
Preparing for MBA (Entrepreneurship) entrance exams requires a strategic and focused approach to ensure success in these competitive assessments. Here are some effective strategies and tips to help candidates prepare effectively for MBA (Entrepreneurship) entrance exams:
1. Recognize the syllabus and exam format:
Begin by thoroughly understanding the exam pattern and syllabus of the targeted entrance exams. Get acquainted with the parts, quantity of questions, grading system, and subjects included in every section. This understanding will help you create a structured study plan and focus your preparation on areas of importance.
2. Create a Study Schedule:
Develop a comprehensive study schedule that allocates sufficient time for preparation of each section of the exam. Break down your study plan into daily, weekly, and monthly targets, considering the amount of time available before the exam. Give difficult subjects additional time while making sure there is enough practice and review.
3. Utilize Quality Study Material:
Gather high-quality study material, including textbooks, reference books, online resources, and mock tests, to aid your preparation. Choose study material that aligns with the exam syllabus and provides detailed explanations, practice questions, and sample papers to enhance your understanding and practice.
4. Focus on Fundamentals:
Build a strong foundation in core concepts related to quantitative aptitude, verbal ability, data interpretation, logical reasoning, decision-making, and general awareness. Strengthen your fundamentals by revising basic concepts, formulas, and techniques regularly to solve problems efficiently during the exam.
5. Practice Regularly:
The secret to passing the MBA admission exam is preparation. Solve a variety of practice questions, sample papers, and previous years' question papers to improve your speed, accuracy, and problem-solving skills. Regular practice will familiarise you with different question formats and boost your confidence for the exam.
6. Time Management:
Effective time management is critical during the exam. Practice time-bound mock tests and simulate exam-like conditions to improve your speed and accuracy in solving questions within the allotted time. To improve your score, learn to rank the questions according to difficulty and set aside time for each in turn.
7. Mock Tests and Simulated Exams:
Take regular mock tests and simulated exams to assess your preparation level and identify areas of improvement. Analyse your performance in mock tests, identify weaknesses, and devise strategies to overcome them. Use mock tests as an opportunity to refine your exam-taking strategy and optimise your performance on the actual exam day.
8. Stay Updated with Current Affairs:
Stay updated with current affairs, business news, and industry trends as they form an integral part of the general awareness section in many MBA entrance exams. Read newspapers, magazines, and online resources regularly to stay informed about current events, economic developments, and business updates.
9. Seek Guidance and Support:
Seek guidance from mentors, teachers, or coaching institutes specialising in MBA entrance exam preparation. Join online forums, discussion groups, or study circles to interact with fellow aspirants, share knowledge, and seek advice. Engage in peer-to-peer learning and support to stay motivated and focused on your goals.
10. Maintain a Healthy Lifestyle:
Lastly, prioritise your physical and mental well-being during the preparation phase. Maintain a healthy lifestyle with proper nutrition, regular exercise, and adequate sleep to stay energised, focused, and productive. Take regular breaks, practice relaxation techniques, and avoid burnout to ensure sustained motivation and optimal performance.
By following these effective strategies and tips, candidates can prepare efficiently and confidently for MBA (Entrepreneurship) entrance exams, increasing their chances of success and admission to their desired MBA programs specialising in Entrepreneurship. Consistent effort, dedication, and perseverance are key to achieving your goals and realising your aspirations in the field of entrepreneurship and business management.
What books should I go through before I start with my MBA (Entrepreneurship) entrance exam preparation?
Before starting your MBA (Entrepreneurship) entrance exam preparation, it is essential to select the right books that cover the necessary concepts and topics for the exam. These books should provide comprehensive coverage of quantitative aptitude, verbal ability, data interpretation, logical reasoning, decision-making, and general awareness. Additionally, books that focus on entrepreneurship, innovation, and business management can help you gain a deeper understanding of the field. It is advisable to choose books authored by renowned authors and recommended by experts in the field to ensure quality content and relevance to the exam syllabus.
The books needed to prepare for the entrance exam are tabulated below:
Subject | Book Title | Author(s) |
Quantitative Aptitude | "How to Prepare for Quantitative Aptitude for CAT" | Arun Sharma |
"Quantitative Aptitude for Competitive Examinations" | R.S. Aggarwal | |
Verbal Ability | "How to Prepare for Verbal Ability and Reading Comprehension for CAT" | Arun Sharma, Meenakshi Upadhyay |
"High School English Grammar & Composition" | Wren & Martin | |
Data Interpretation | "How to Prepare for Data Interpretation for CAT" | Arun Sharma |
"Data Interpretation for the CAT" | Nishit K. Sinha | |
Logical Reasoning | "How to Prepare for Logical Reasoning for CAT" | Arun Sharma |
"Logical Reasoning and Data Interpretation for the CAT" | Nishit K. Sinha | |
Decision Making | "How to Prepare for Decision Making" | Anil Seth |
General Awareness | "Manorama Yearbook" | Mammen Mathew |
"General Knowledge 2022" | Manohar Pandey | |
Entrepreneurship & Business | "The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" | Eric Ries |
"Zero to One: Notes on Startups, or How to Build the Future" | Peter Thiel, Blake Masters | |
"The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail" | Clayton M. Christensen | |
"The Art of the Start 2.0: The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything" | Guy Kawasaki |
These books cover a wide range of topics relevant to MBA (Entrepreneurship) entrance exams, including verbal ability, reading comprehension, data interpretation, quantitative aptitude, logical reasoning, and vocabulary enhancement. Incorporating these resources into your study regimen can significantly enhance your preparation and improve your performance in the MBA (Entrepreneurship) entrance exams.
MBA (Entrepreneurship) Cutoff 2024
In sum, the cutoffs for MBA years also varied significantly among all institutes and entrance exams, indicating the extent of the competitive admission process. Applications received, difficulty of exams, and the number of seats available within the programs are considered among the determining factors used to calculate the cutoffs. In many cases, the top B-schools tend to place very high cutoffs to attract the best performing students based on their excellent academic records, aptitude, and potential to run successful entrepreneurship enterprises. It is recommended to target the percentile scores higher than the cutoffs on average in order to enhance the chances of joining this more specialised MBA in Entrepreneurship.
CAT Cutoff for MBA (Entrepreneurship) IIM Admission
The CAT cutoff for the admission of the MBA (Entrepreneurship) to Indian Institutes of Management depends on several factors, including the number of applicants, available seats, and overall admission policy; in 2024, the cutoff percentiles set by different IIMs varied. IIMs set high CAT Cutoff percentages to sift out or shortlist candidates for their MBA programs, including Entrepreneurship. The cutoff percentile for admission to the MBA program of the IIM to various programs of the MBA different IIMs and programs have the cutoff percentile including ten per cent of ninety to ninety-nine. According to the CAT Cutoff 2024, Aspirants of admission to the IIM for an MBA in Entrepreneurship should strive to get a higher percentile score as compared to the Institute-specific Cutoff announced. Therefore, with the CAT Cut-off increasing every year, aspirants must strive to perform above the threshold to be considered for selection. The following table represents the CAT Cut Off percentile required for admission to the MBA program. The various IIMs cutoffs required are:
IIM | CAT Cutoff Percentile (MBA in Entrepreneurship) |
IIM Ahmedabad | 99+ |
IIM Bangalore | 98+ |
IIM Calcutta | 97+ |
IIM Lucknow | 97+ |
IIM Indore | 95+ |
IIM Kozhikode | 95+ |
IIM Shillong | 94+ |
IIM Rohtak | 94+ |
IIM Ranchi | 93+ |
IIM Trichy | 92+ |
