MBA in Entrepreneurship: Course Details, Eligibility, Admission, Fees
The MBA in Entrepreneurship is a two-year postgraduate specialization in MBA and concentrates on management activities relevant to entrepreneurship. The MBA Entrepreneurship syllabus equips students with crucial abilities in financial management, portfolio management for investors, risk evaluation, market and competitor analysis, and other related areas.
MBA in Entrepreneurship Admission 2023 is based on the cut-off marks that students need to attain in the entrance exam such as CAT, MAT, XAT, etc., along with group discussion and personal interview rounds. As per the eligibility criteria, candidates also need to secure a minimum of 50% and 45% for SC/ST/PwD categories in their bachelor’s from an accredited university. The average course fee for MBA in Entrepreneurship ranges between INR 33,000-10 LPA.
Table of Contents
- What is an MBA in Entrepreneurship?
- Why Choose an MBA in Entrepreneurship?
- MBA in Entrepreneurship Admission 2023
- Top MBA in Entrepreneurship Entrance Exams
- Top MBA in Entrepreneurship Colleges in India with Fee Details
- Types of MBA Courses
- MBA in Entrepreneurship Syllabus and Subjects
- MBA in Entrepreneurship vs MBA Business Management
- MBA in Entrepreneurship Salary in India
- Courses After MBA in Entrepreneurship
- Career Options After MBA in Entrepreneurship
- Skills to Excel as the Best MBA in Entrepreneurship Graduate
MBA in Entrepreneurship Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in Entrepreneurship |
| Duration | 2 Years |
| Age | No age restriction |
| Entrance Exam | CAT, MAT, NMAT, etc. |
| Minimum Percentage | A minimum of 50% marks in bachelor's degree for unreserved category and 45% marks for reserved category students. |
| Average Fees | ₹5 - 15 LPA |
| Average Salary | INR 5-20 LPA (Source: Payscale) |
| Employment Roles | Project Managers, Director of Operations, Business Owners, Brand Managers, etc. |
| Top Recruiters | Accenture, Deloitte, Amazon, Capgemini, Credit Suisse, etc. |
What is an MBA in Entrepreneurship?
MBA in Entrepreneurship full form is Master of Business Administration in Entrepreneurship. The course falls under the umbrella of MBA courses. The MBA Entrepreneurship is a postgraduate course that focuses on studying the latest trends in entrepreneurship development and equipping students with the necessary skills to become successful entrepreneurs.
The MBA Entrepreneurship course provides students with a broad range of knowledge in areas such as Entrepreneurial Finance, Project Management, Operations, and more. This comprehensive approach allows graduates to explore various career paths. In addition to becoming entrepreneurs, candidates can pursue roles as Directors, Marketing Managers, Project Managers, etc., with an average graduate salary ranging between INR 5-20 LPA (Source: Payscale).
MBA in Entrepreneurship Eligibility Criteria
The MBA in Entrepreneurship eligibility criteria include parameters like educational background, work experience, standardized test score, etc. Below listed is the common MBA in Entrepreneurship eligibility requirements for the course:
- Candidates with a graduation degree in BBA/BCom/BA, etc., from a recognized university with 50% marks for unreserved category and 45% marks for reserved category students. Along with qualifying entrance exams such as CAT, GMAT, MAT, etc.
- Applicants in the last year of their bachelor's degree are able to apply on a provisional basis for the course.
- Few colleges may also prefer candidates who have work experience of a minimum of two years.
- There is no official age limit for MBA.
Why Choose an MBA in Entrepreneurship?
MBA in Entrepreneurship has been in demand with the growth of entrepreneurs in the country and new business opportunities to venture for candidates. In the following list are a few pointers that highlight why candidates should pursue the course:
- In the FY report of 2021- 22 by GEM India, it is stated that there has been a rise in entrepreneurs in the country from 5.3% in 2020 to 14.4% in 2022.
- In 2022, the entrepreneurship sector's contribution to the national GDP is INR 139 billion, which is a rise from last year's 9.6%.
- The growth of startup culture in India will lead to more than 12.5 lakh job creation by 2025 as stated by Nasscom report.
- India is one of the largest markets in the startup culture which will pour in many foreign investors.
- Being an entrepreneur involves taking risks, but it can pay off when they have the right networks and good management skills.
MBA in Entrepreneurship Admission 2023
The admission to MBA in Entrepreneurship is done on the basis of the entrance exam cut-off and merit score of the student. There is no direct admission available for the course. Below is the step wise MBA in Entrepreneurship admission process:
- Step 1: Students must meet the cut-off for entrance tests accepted by colleges.
- Step 2: The candidate must complete the college's registration process, which is available online or by visiting the campus.
- Step 3: Following the entrance exam and the presentation of the results, universities and institutions will publish their cut-offs to begin the admissions process.
- Step 4: Candidates are invited to the GD and interview procedure which constitutes 30-50% weightage in the selection process.
- Step 5: Following selection, students must upload the required documents and pay the MBA in Entrepreneurship fees.
Top MBA in Entrepreneurship Entrance Exams
For admission to MBA in Entrepreneurship, top business schools in India accept the results of national-level entrance tests such as CAT, MAT, XAT, etc. The AICTE (All India Council for Technical Education) has approved these nationalized tests. The table below summarises some of the most popular MBA in Entrepreneurship entrance exams.
| MBA in Entrepreneurship Entrance Exams | Examination Date | Accepting Colleges |
| CAT | Nov 26, 2023 | IIM Lucknow, Amity University, CMS Business School |
| MAT | Feb 25- Dec 17, 2023 | Amity University, UPES |
| XAT | Jan 7, 2024 | Sharda University, Nirma University, NICMAR |
| Mar 11 - Mar 28, 2024 | DAVV Indore | |
| Dec 10, 17, 22, 2023 | SIBM Pune | |
| NMAT | Oct 10- Dec 19, 2023 | NMIMS, CMS Business School |
| CMAT | February 2024 (Tentative) | Amity University, UPES, Sharda University |
Top MBA in Entrepreneurship Colleges in India with Fee Details
MBA in Entrepreneurship is emerging as one of the most popular degrees in India, with many students enrolling shortly after completing their bachelor's degree. The top B schools in India like SIBM Pune, NMIMS, IIM Lucknow, etc., offer an MBA in Entrepreneurship course. The average MBA in entrepreneurship fees is between INR 33,000-10 LPA (approx figure). Below listed are top MBA in Entrepreneurship colleges in India along with the fee breakdown:
| College Name | Average Tuition Fees | Admission Fees | Miscellaneous Fees |
| IIM Lucknow | INR 6-8 LPA | INR 90,000 | - |
| NMIMS | INR 8.25 LPA | INR 50,000 | - |
| SIBM, Pune | INR 3.97 LPA | INR 35,000 | INR 2.04 LPA |
| Nirma University | INR 5.40 LPA | - | INR 96,000 PA |
| Sharda University | INR 3.50 LPA | - | INR 1.65 LPA |
| Amity University, Noida | INR 2.92 LPA | INR 15,000 | - |
| Delhi Technological University | INR 2.17 LPA | INR 10,000 | - |
| UPES | INR 5.72 LPA | - | INR 1.94 LPA |
| NICMAR | INR 2.75 LPA | INR 5,000 | - |
| CMS Business School | INR 5.50 LPA | - | INR 1.20 LPA |
| Lucknow University | INR 96,000 PA | INR 5,000 | - |
| DAVV, Indore | INR 33,000 PA | INR 4,500 | INR 35,211 PA |
Best MBA in Entrepreneurship Colleges in India City Wise
Below listed are location-wise MBA Entrepreneurship colleges in India with the average annual fees:
| Location | Average Fees |
| Top MBA in Entrepreneurship Colleges in Delhi | INR 1-6 LPA |
| Top MBA Entrepreneurship Colleges in Bangalore | INR 75,000-5 LPA |
| Top MBA Entrepreneurship Colleges in Pune | INR 1-6.50 LPA |
| Top MBA in Entrepreneurship Colleges in Jaipur | INR 75,000-3 LPA |
| Top MBA Entrepreneurship Colleges in Chennai | INR 1-4 LPA |
| Top MBA Entrepreneurship Colleges in Mumbai | INR 1.50-4 LPA |
| Top MBA in Entrepreneurship Colleges in Hyderabad | INR 2-6 LPA |
| Top MBA Entrepreneurship Colleges in Indore | INR 33,000-2.50 LPA |
| Top MBA in Entrepreneurship Colleges in Coimbatore | INR 80,000-3 LPA |
Types of MBA Courses
The need for an MBA in Entrepreneurship has increased, resulting in the development of numerous approaches for completing the program based on a student's experience, aspirations, and qualifications. The following are the specifics for the various types of MBA in Entrepreneurship course details.
| Type | Eligibility for MBA in Entrepreneurship Courses | MBA in Entrepreneurship Duration |
| Full-Time MBA in Entrepreneurship | Bachelor's degree with a minimum of 50% for unreserved category and 45% for reserved category marks + Entrance Exam Score + GD and PI performance. | 2 Years |
| Online Entrepreneurship MBA | Bachelor's degree with a minimum of 50% for unreserved category and 45% for reserved category marks. | 1-2 Years |
| Distance MBA in Entrepreneurship | Bachelor's degree with a minimum of 50% for unreserved category and 45% for reserved category marks. | 2-4 Years |
Online MBA in Entrepreneurship
The following points highlight the Online MBA in Entrepreneurship course details:
- Amity University provides an MBA in Entrepreneurship with a focus on the digital growth of the entrepreneurship market. The average fee for the course is INR 63,250. The course duration is for 1-2 years.
- Jain University also offers MBA in Entrepreneurship which focuses on becoming an entrepreneur along with leadership skills. The average fee for the course is INR 1.7 LPA.
- The University of Mysore offers an online MBA in Entrepreneurship for candidates who cannot attend regular classes for the course.
Distance MBA in Entrepreneurship
The distance course for MBA in Entrepreneurship is offered by quite a few universities with details given in the list below:
- IMTS Institute offers MBA in Entrepreneurship course under their distance education program. The average fee for the course is INR 20,000 PA.
- SPIMS also offered an MBA in Entrepreneurship as a distance management course for 2 years which can be maximum extended to 4 years.
MBA in Entrepreneurship Syllabus and Subjects
The MBA Entrepreneurship syllabus in the first year focuses on imparting knowledge related to core business concepts like marketing, strategy, and operations management. The second-year syllabus emphasizes the specialization paper; Entrepreneurship. It introduces the core and advanced topics related to the subject along with internships and projects.
A few of the MBA in Entrepreneurship subjects are given below in a detailed view in the table below:
| MBA in Entrepreneurship Subjects | Topics Covered |
| Principles of Management and Organisational Behaviour | Management: Science, Theory and Practice, The Nature of Organizing |
| Operations Management | Product Design and Process Selection, Production Planning and Control |
| Entrepreneurial Finance | Project planning & Project Appraisal, Sources of Finance, Short Term Sources |
| Entrepreneurship Development | Entrepreneur, Evolution of Entrepreneurs, Creating and starting the Venture, Managing, Growing, and Ending the New Venture |
| Project Management | Project Management, Project Planning, Project Financing and Development Banks |
Read More: MBA in Entrepreneurship Syllabus and Subjects
MBA in Entrepreneurship vs MBA Business Management
An MBA in Entrepreneurship provides education on capital sourcing and management strategies for starting a business. An MBA in Business Management covers various aspects of business administration such as operations, marketing, finance, economics, accounts, and many more in a comprehensive manner. Here's how an MBA in Entrepreneurship differs from an MBA in Business Management:
| Parameter | MBA in Entrepreneurship | MBA in Business Management |
| Full Form | Master of Business Administration in Entrepreneurship | Master of Business Administration in Business Management |
| Discipline | Management | Management |
| Duration | 2 years | 2 years |
| Course Overview | Offers comprehensive knowledge about business planning, market analysis, marketing strategies, and leadership development. | Focus on imparting knowledge about strategies to operate businesses, manage crises, offer solutions with limited resources and develop cross-cultural leadership. |
| Eligibility | A minimum of 50% of total marks in UG | A minimum of 50% of total marks in UG |
| Average Fees | INR 33,000-10 LPA | INR 2 - 25 LPA |
| Top Institutes | IIM Lucknow, Amity University, SBIM, etc. | IIMs, IITs, LPU, etc. |
| Average Salary | INR 5-20 LPA (Source: Payscale) | INR 6 LPA |
| Job Roles | Management Consultant, Business Owner, Project Manager | Sales and Business Development Manager, Quality Control Manager, Production Manager, etc. |
MBA in Entrepreneurship Salary in India
Entrepreneurs do not have an average salary as their entire role is based on how they run their businesses and build profits. However, graduates with an MBA in Entrepreneurship can choose to work in various industries, with many roles offered. The average entry level salary of graduates with an MBA in Entrepreneurship is around 5-12 LPA. After having three-plus years of experience graduates can up to INR 20 LPA.
In the following table, given below, are some of the roles offered to MBA in Entrepreneurship graduates and their salaries:
| MBA Entrepreneurship Jobs | Entry Level Salary | Salary After 3+ Years of Experience |
| Innovation Manager | INR 8-10 LPA | INR 12-20 LPA |
| Private Equity Analyst | INR 7-9.70 LPA | INR 11- 15 LPA |
| Social Entrepreneur | INR 6-8 LPA | INR 10-13 LPA |
| E-Commerce Manager | INR 5-8 LPA | INR 10-14.80 LPA |
| Sustainability Consultant | INR 6-9 LPA | INR 10-13.50 LPA |
[Sources: Ambition Box & Glassdoor]
Courses After MBA in Entrepreneurship
MBA in Entrepreneurship graduates can pursue higher education and certification programs to expand their knowledge. Here are some options to consider.
- PhD
- Becoming an Entrepreneur from MIT Launch
- Creativity & Entrepreneurship from Berklee Online
- Entrepreneurial Finance from MIT OpenCourseWare
- Corporate Entrepreneurship: Innovating within Corporations Specialization from the University of Maryland
- Entrepreneurship Specialization from Wharton University of Pennsylvania
Career Options After MBA in Entrepreneurship
Even though this course is primarily designed for aspiring entrepreneurs, there are still employment opportunities available with various companies. Graduates of this course possess a range of valuable skills, making them suitable for diverse roles in the job market. They can work in top organizations like Amazon, IBM, Tata Group, etc.
The table below represents the career options available for MBA in Entrepreneurship in detail:
| Job Designations | Hiring Companies | Average Entry-Level Salary |
| Marketing Manager | Amazon, Google, IBM, Microsoft, Marriott International | INR 7-10 LPA |
| Management Consultant | Reliance, Cognizant, Wipro, Amazon, Accenture, TATA | INR 8-14 LPA |
| Brand Manager | Gucci, Channel, Prada, YSL | INR 7.50-9 LPA |
| Restaurant Manager | JW Marriott, Hyatt Regency, ITC Group of Hotels, Taj Group of Hotels | INR 7-11 LPA |
Top Recruiters for MBA in Entrepreneurship
The graduates of an MBA in Entrepreneurship can choose to work in many companies before they venture into the business world. The experience of working in an industry will give an insight into the market and an outlook into where they can venture. Listed in the table below are some of the companies that offer job opportunities for MBA Entrepreneurship and their salaries:
| Companies | Average Entry Level Salary |
| Accenture | INR 6-8 LPA |
| Credit Suisse | INR 7-9.50 LPA |
| Deloitte | INR 6-8.70 LPA |
| Amazon | INR 5.50-8 LPA |
| Capgemini | INR 6-9 LPA |
[Sources: Ambition Box and Glassdoor]
Skills to Excel as the Best MBA in Entrepreneurship Graduate
The MBA in Entrepreneurship degree provides graduates with abilities that can be utilized in the real world, allowing them to flourish in their positions. These are the abilities that distinguish these graduates as professionally competent and knowledgeable:
- Leadership: In order to succeed, students must possess strong leadership skills to guide their co-workers and colleagues.
- Networking: This is a crucial aspect of becoming a successful entrepreneur. Effective networking can attract valuable investments and boost brand recognition.
- Financial Management: As an entrepreneur, it's important to have a solid understanding of financial risk. By developing strategies to minimize potential losses and maximize profits, one can set yourself up for success in the long term.
- Strategic Thinking: Candidates should be able to develop strategies for both short-term and long-term goals in order to attract investors and maximize profits.
- Capital Sourcing and Management: This is a necessary step towards becoming a successful entrepreneur. They must understand the procedures involved in raising capital to establish a firm, as well as the abilities required to manage the capital for the business's growth and development.
- Visionary: As an entrepreneur, it is important to have a creative and forward-thinking vision in order to effectively plan and achieve future goals.
Top MBA in Entrepreneurship Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
MBA in Entrepreneurship Fee Structure
FAQs
What is an MBA in Entrepreneurship?
MBA in Entrepreneurship is the study of strategies and techniques required to become a successful entrepreneur.
What is MBA in Entrepreneurship eligibility criteria?
Candidate should have a bachelor's degree in BBA/BCom/BA, etc., with 50% marks for unreserved category and 45% marks for reserved category students from a recognized university.
What is MBA in Entrepreneurship course fees?
MBA in Entrepreneurship course fee is in the range of INR 33,000-10 LPA
What is the MBA in Entrepreneurship admission process?
The candidate should meet the minimum eligibility criteria and clear the required cut-off for entrance exams like CAT, GMAT, MAT, etc. Further colleges may conduct the GD/WAT/PI process for final selection.
What is the difference between MBA in Business Management and MBA in Entrepreneurship?
An MBA in Entrepreneurship focuses specifically on the field of entrepreneurship and its current trends whereas MBA in Business Management is a holistic approach to understanding business management principles that cover many aspects of business.
What is the salary of an MBA in Entrepreneurship jobs?
MBA in Entrepreneurship graduates earn in the range of INR 5-20 LPA (Sources: Ambition Box & Glassdoor)