Can MBA In Entrepreneurship Help You To Enter The 3rd Largest Startup Ecosystem In The World?

Many experts are already projecting that India is slated to be the startup hub of the next generation. Having turned 44 startups into unicorns, which is just behind US & China, India is now the 3rd largest startup ecosystem in the world according to the Economic Survey 2020-21. Along with several government initiatives, the fact that established industrialists have invested with startups in India have jointly paved the way for this massive success.   

At the same time, it has led many young business graduates to venture into entrepreneurship with confidence. Gone are the days when graduates with business degrees would get a significant amount of work experience with an MNC before even thinking of starting off on their own. 

What’s There To Look Ahead?

In fact, following the success of brands run by young entrepreneurs, such as boAt and Miraggio, entrepreneurship has emerged as a career choice for many students in India. It is now easy to come up with a business idea, design products that are affordable and sell them in the local markets with success.  

Also read: This IIT Kharagpur Duo Dropped Out Of College & Created A Company Now Valued At INR 250 Crore!  

Shows like Shark Tank India have made the notion of startups so popular that even people with no business experience are working on successful business ideas.   

The question that emerges here is how can students stay ahead in this journey of entrepreneurship when it has become so common among business graduates.   

Some people say that the answer is a specialized MBA in Startup & Entrepreneurship.    

What Is MBA in Startup & Entrepreneurship?

MBA in Startup and Entrepreneurship is a specially designed course that helps students to start their own business ventures. Usually, it is a two-year full-time degree course that teaches social innovation and the nuances of working in corporate culture. On top of that, there is a special focus on building leadership skills - an unavoidable element in growing a business.   

Also read: How does emotional intelligence affect your leadership skills? -By Aniket from IIM Trichy  

While students enrolled in this course are taught the basic elements of management such as HR, Marketing, Finance, and Operations, the focus is on learning innovation. Emphasis is also placed on strategy so that advantage can be gained over the competitors.

Best Colleges For MBA in Startup & Entrepreneurship 

What Does It Take To Pursue MBA In Startup & Entrepreneurship? 

Even though MBA in Startup and Entrepreneurship has become a highly popular course in India, the admission procedure is similar to other courses. For starters, a candidate seeking admission into this course will require a Bachelor’s degree with at least 50% marks from a recognized university in India.   

Apart from that, a candidate needs to also qualify for one of the main MBA entrance exams. Even though the preferred exam varies from college to college, some of the standard ones are CAT, NMAT, XAT, SNAP and CMAT. Following this, the final step would be a GD & PI rounds at the institutes. However, keep in mind that not all colleges conduct GD & PI rounds.  

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