Jagpreet
02 May, 2024
Table of Contents
“One of the greatest skills of leadership is being unflappable. Anytime you do anything in the world; there’s going to be criticism.” -Arianna Huffington, Co-found and editor-in-chief of Huffington Post Media Group
Choosing a career path can feel like venturing into an uncharted sea, brimming with possibilities. Each opportunity presents a distinct set of rewards and obstacles. Finding a career that resonates with your strengths and passions is essential to ensure a smooth voyage. An MBA in Entrepreneurship equips you with the skills to navigate these challenges and offers a path to personal growth and fulfilment as you turn your entrepreneurial dreams into reality.
In this article, we will explore everything about an MBA in entrepreneurship. Its vast scope and potential for high-paying careers might help you discover a hidden passion within yourself.
But before exploring the article, let’s check some facts and statistics on the MBA in Entrepreneurship.
Around 30% of prospective MBA students aim to start their own business.
Only 25% of MBA students were considering entrepreneurship in 2018.
Entrepreneurship is gaining popularity among MBA applicants.
22% of MBA graduates from top schools launched startups during or after their studies.
After three years, 84% of these startups were still operational.
Over 85% of current MBA students in the US are contemplating entrepreneurship.
One-third of startups founded in the US in the past decade had MBA founders.
An MBA in Entrepreneurship is a two-year PG degree designed to equip you with the knowledge and skills to launch and manage your business. It combines the core principles of a traditional MBA—covering areas like Finance, Marketing, and Operations—with a specialised focus on the unique challenges and opportunities entrepreneurs face.
There are some core elements of an MBA in Entrepreneurship.
You will get a solid understanding of core business disciplines like Accounting, Finance, Marketing, Human Resources, and Operations Management. This will help make informed decisions across all aspects of your business.
An MBA in entrepreneurship will help you to develop critical thinking, creativity, and problem-solving skills. These skills are needed to identify opportunities and navigate challenges.
You will learn how to craft a comprehensive business plan, covering everything from market research and financial projections to marketing strategies and operational processes.
| Job Role | Salary Range (Annually) |
| Startup Founder/Entrepreneur | INR 11.3 Lakh |
| Business Development Manager | INR 7.3 Lakh |
| Venture Capitalist | INR 10 Lakh |
| Innovation Manager | INR 23 Lakh |
| Product Manager | INR 21.2 Lakh |
| Marketing Manager | INR 12.2 Lakh |
| Operations Manager | INR 10.7 Lakh |
| Financial Analyst | INR 5.9 Lakh |
| Management Consultant | INR 26.8 Lakh |
| Sales Manager | INR 6.9 Lakh |
Jain University is famous for its top-notch education, focusing on entrepreneurship, research, marketing, and sports. It provides a great learning atmosphere and partners with global universities to boost its academic offerings. Graduates from Jain University are highly valued by big companies like Bosch, Dell, Capgemini and Deloitte.
| Year of Establishment | 1990 |
| Ownership | Private University |
| Location | Banglore |
| Management Courses | MBA |
| Approvals/Recognition | UGC, AICTE, WES |
| Accreditation | NAAC A++ |
| Course Fee | – |
| Course Duration | 2 Years |
| Programme Mode | Full Time |
Amity University was established in 2005 and has become a leading educational institution in India. The institution is known for its diverse range of programmes and emphasis on innovation. If you are looking for an MBA entrepreneurship programme, you can opt for this university. Amity’s MBA in Entrepreneurship could be the perfect launchpad for your success. This specialised MBA will equip you with the skills necessary to thrive in business.
| Year of Establishment | 2005 |
| Ownership | Private University |
| Location | Noida |
| Management Courses | MBA |
| Approvals/Recognition | UGC-DEB, AICTE, AIU |
| Accreditation | NAAC A+ |
| Course Fee | 3.36 Lac (Non-Sponsored) – First Year 5.04 (Sponsored) – First Year |
| Course Duration | 2 Years |
| Programme Mode | Full Time |
SIBM is a prominent business school in India, frequently ranked in the top 10. Established in 1978, SIBM Pune is known for its academic excellence, industry contributions, and vibrant alumni network. If you want to turn your innovative ideas into reality, you can join their MBA in Innovation and Entrepreneurship programme, which could be the perfect launchpad for your career.
| Year of Establishment | 1978 |
| Ownership | Private University |
| Location | Pune |
| Management Courses | MBA (Innovation and Entrepreneurship) |
| Approvals/Recognition | UGC-DEB, AICTE |
| Accreditation | NAAC A++ |
| Course Fee | INR 17,20,000 (Complete course) |
| Course Duration | 2 Years |
| Programme Mode | Full Time |
The Faculty of Management Studies (FMS) is in the renowned University of Delhi (DU), one of India’s top institutions. Established in 1954, FMS has built a strong reputation for developing skilled business leaders. Although the institute offers a sought-after Master of Business Administration (MBA) Programme, it also explores beyond traditional business management.
| Year of Establishment | 1954 |
| Ownership | Government |
| Location | Delhi |
| Management Courses | MBA |
| Approvals/Recognition | UGC-DEB |
| Accreditation | NAAC A |
| Course Fee | INR Rs.50,000 (Per semester) 2,00,000 (Total Fee) |
| Course Duration | 2 Years |
| Programme Mode | Full Time |
Amity University is a leading educational institution in India known for its innovative teaching methods and commitment to preparing students for success. Its online learning platform extends this reach even further. It offers an online MBA programme specialising in entrepreneurship, ideal for aspiring business leaders who want to turn their ideas into reality.
| Year of Establishment | 2005 |
| Ownership | Private University |
| Location | Noida |
| Management Courses | MBA In Digital Entrepreneurship |
| Approvals/Recognition | UGC-DEB, AICTE, AIU |
| Accreditation | NAAC A+ |
| Course Fee | INR 1,95,000 (Complete course) |
| Course Duration | 2 Years |
| Programme Mode | Online |
D.Y. Patil Deemed to be University Online is a reputable institution providing quality education. The institution is recognised by UGC, which ensures the quality and standard of higher education. It provides various UG and PG courses catering to the diverse needs of students. The university’s online/distance MBA programme can help students and professionals pursue an MBA degree.
| Year of Establishment | 2003 |
| Ownership | Private University |
| Location | Navi Mumbai |
| Management Courses | Online MBA |
| Approvals/Recognition | UGC-DEB, AICTE, ASSOCHAM, AIU and WES |
| Accreditation | NAAC A++ |
| Course Fee | INR 1,70,000 (Complete course) |
| Course Duration | 2 Years |
| Programme Mode | Online |
Jain University is an institution helping students with its UG and PG programmes specifically designed for the working professional. The institution is well-respected in India and has a good reputation for academic excellence. It offers a compelling opportunity for aspiring entrepreneurs and business leaders through its Online MBA in Entrepreneurship. This programme will equip you with the knowledge, skills, and mindset necessary to navigate the business world.
| Year of Establishment | 1990 |
| Ownership | Private University |
| Location | Bengaluru |
| Management Courses | Distance MBA |
| Approvals/Recognition | UGC-DEB |
| Accreditation | NAAC A++ |
| Course Fee | INR 70,800 (Complete course) |
| Course Duration | 2 Years |
| Programme Mode | Online |
The University of Mysore is a crown jewel in the Indian education system. Established in 1916, it is the first university in Karnataka and the sixth oldest in India. UOM offers various UG and PG programmes across disciplines such as Arts, Science, Commerce, Law, Engineering, and Medicine. The university is known for its rigorous curriculum and high-quality teaching, and it consistently ranks among the top universities in India.
| Year of Establishment | 1916 |
| Ownership | Govt University |
| Location | Karnataka |
| Management Courses | Distance MBA |
| Approvals/Recognition | UGC-DEB, AICTE, AIU |
| Accreditation | NAAC A |
| Course Fee | INR 98,625 (Complete course) |
| Course Duration | 2 Years |
| Programme Mode | Online |
Related: Top 10 Online MBA Colleges in India
The best university for your MBA in Entrepreneurship depends on your individual circumstances and career goals. You can choose full-time programmes to experience the campus vibes and traditional education. You can also choose distance and online options to provide flexibility, but you may have less hands-on interaction with faculty and peers.
Before deciding, carefully consider factors like programme curriculum, faculty expertise, and placement opportunities.
Remember, the best program is the one that equips you with the skills and confidence to become a successful entrepreneur!
