MBA Entrepreneurship is a 2-year long course at the postgraduate level. The average fee to study this course at top MBA colleges in India is between Rs. 1 – 12 Lakhs PA. The students are trained to become independent entrepreneurs through this course. The basic eligibility criteria for MBA Entrepreneurship is a graduate’s degree from any stream. The admission process is entrance based as well as merit-based at top MBA Colleges in India. It is then followed by group discussions and personal interviews. Please read further to know in-depth about the topic at hand.
What is MBA (Entrepreneurship)?
The MBA (Entrepreneurship) course offered by top MBA Colleges in India will be suitable for aspirants who are creative, innovative, and aspire to start or lead a business. The students get to build on their professional skills, communication skills, corporate strategies, financial management, etc. which would enable them to successfully handle the business or projects that they take charge of.
Some of the topics that students would become acquainted with include Business Ethics, Business Innovation, Small Business Management, Resource Management, Exit Strategies, Value Investing, Identifying The Opportunity, And Entrepreneurial Planning and Feasibility.
The top MBA colleges in India that offer the course are SIBM, Pune, Amity University, Noida, NMIMS, Mumbai, and Jamia Millia Islamia, Delhi.
Top MBA Colleges in India offering MBA (Entrepreneurship)
According to the NIRF 2020 Management Rankings, the top MBA colleges in India that offer MBA Entrepreneurship courses have been given below in the table. The admission criteria for most of the institutes are entrance based followed by group discussions and personal interviews. The average course fee at top management institutes in India ranges from Rs. 1 lakh to 19 lakhs.
| NIRF 2020 Ranking (Management) | Top MBA Colleges in India | Location | Admission Criteria | Total Course Fee |
|---|---|---|---|---|
| 22 | Symbiosis Institute of Business Management, Pune | Pune, Maharashtra | Entrance Test (SNAP) | Rs. 14.2 Lakhs |
| 24 | NMIMS Mumbai | Mumbai, Maharashtra | Entrance Test | Rs. 19.12 Lakhs |
| 34 | Jamia Millia Islamia | Delhi | Entrance Test + PI | Rs. 1.3 Lakhs |
| 39 | Alliance University, Bangalore | Bengaluru, Karnataka | Entrance Test (CAT/NMAT/MAT) | Rs. 13.5 Lakhs |
| 41 | Amity University, Noida | Noida, UP | Entrance Test (CAT/NMAT/MAT) | Rs. 10.6 Lakh |
| 42 | University Business School, Panjab University | Chandigarh | Entrance Test (CAT) | Rs. 1 Lakh |
| 44 | NIRMA University, Ahmedabad | Ahmedabad, Gujarat | Entrance Test (CAT) | Rs. 8.14 Lakhs |
| 51 | University School of Business, Chandigarh University | Mohali, Punjab | Entrance Test | Rs. 3.6 Lakhs |
| 66 | UPES, Dehradun | Dehradun, Uttarakhand | Entrance Test (UPESMET / CAT / NMAT) | Rs. 13.34 Lakhs |
| 70 | KLU Business School | Guntur, Andhra Pradesh | Entrance Test (CAT/XAT/MAT) | Rs. 5.32 Lakhs |
Top MBA Colleges in India – MBA Entrepreneurship Admission Process
Candidates who want to pursue MBA Entrepreneurship at top MBA Colleges in India must follow a due admission process. They need to fill in the required information and produce the necessary documents.
The admissions to the course are made based on National & State-level entrance tests, and also exams conducted by top MBA colleges in India. Admissions also happen on a merit basis. The shortlisted students will be required to appear in group discussions or personal interviews.
The list of finally selected aspirants is released, and the candidates must confirm their admission. The last step of the admission process at top MBA Institutes in India is depositing the fee. The admissions generally start in August and September.
Entrance Exams: Many top MBA colleges in India require students to appear in entrance tests, which are followed by group discussions and personal interviews. The final selection of the candidates is made based on their overall performance.
The top MBA colleges in India may conduct their own entrance exam for the course or accept popular entrance tests for MBA such as CAT, XAT, MAT, NMAT, SNAP, etc. In order to clear the entrance tests, the candidates must secure the minimum qualifying marks set by the institute or the conducting body.
The candidates must prepare well in advance for the entrance tests by staying updated with the syllabus, following a devised study plan, and thoroughly revising the important topics. They can also attempt previous year question papers or mock tests for preparation.
Merit-based: Some top management institutes in India also accept candidates based on their merit in their previous academic qualifications. They keep a minimum criterion of cut off marks, according to seat availability, that the candidates must have secured to seek admission.
MBA Entrepreneurship Eligibility
To be eligible for MBA in Entrepreneurship at top MBA colleges in India, the aspirants must have completed their graduation in any stream or equivalent. Although work experience is not mandatory, candidates who do have some are generally preferred.
MBA Entrepreneurship Course Fee
The average course fee for MBA Entrepreneurship ranges from Rs. 1 to 19 Lakhs. Among some of the top MBA colleges in India, the course fee for Jamia Millia Islamia is Rs. 1.3 Lakhs. Wherein, the total course fees can go as high as up to Rs. 14 Lakhs for institutes like SIBM, Pune.
Relaxations in the course fee may be offered based on reservations or scholarships. Some institutes also help the students in availing educational loans for pursuing the course.
Top MBA Colleges in India – MBA Entrepreneurship Scope
After completing their MBA Entrepreneurship courses at top MBA colleges in India, aspirants can work as Business Consultants, Marketing Manager, Corporate Supervisor, or Assistant Manager.
Aspirants can also start their own business or join family businesses because they would possess the relevant skills and knowledge. Business owners with an MBA in Entrepreneurship would have more credibility. They would be recognized as valuable assets because of their professional management skills.
Students will also learn Corporate Strategy, Financial Management, Accounting, Auditing, and Human Resources – all of which are essential aspects of the dynamic and ever-evolving business world. The average starting income after this course at top MBA colleges in India would range from Rs. 3 to 10 Lakhs per annum. The salary would increase with the success and the expansion of the business.
Students can also pursue further studies at top MBA institutes in India, such as a doctoral course, or short-term certification courses, that would equip them with more knowledge and skills that could advance their career. So, in the age of ‘Atma Nirbhar Bharat’, such courses can be a big boost for budding entrepreneurs. With CAT 2020 & SNAP 2020 around, we will suggest considering such courses offered by top MBA Colleges in India.
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Nirmal Sarkar is a Biotechnologist from the city of Joy, Kolkata. He is the founder of this blog and covers a wide range of topics from Gadgets to Software to Latest Offers. You can get in touch with him via nirmal@hitricks.com
