scope of mba in entrepreneurship in india

Scope of MBA in Entrepreneurship: Is It the Right Choice for You?

India has the fifth largest economy in the world today, and one of the main factors contributing to this growth is the wave of startups and entrepreneurship. The country has become a global powerhouse, with more than 1,59,157 DPIIT-recognised startups as of January 15, 2025, ranking India as the third largest startup ecosystem, after the US and China.

While India’s entrepreneurship community is thriving like never before, the business and entrepreneurship landscape is also rapidly changing. In such a situation, work ethics and passion are not enough, budding entrepreneurs need proper business skills to survive and thrive in this cut-throat competition and bring their business ideas to reality.

This is where an MBA in Entrepreneurship come in, helping equip students with the skills and knowledge required to stand on their own in this rapidly changing world. If you too are considering this career, here is all you need to know about MBA in Entrepreneurship in India:

What is an MBA in Entrepreneurship?

An MBA in entrepreneurship means a 2-year postgraduate degree program that focuses on teaching essential business skills to students, such as management, critical analysis, problem-solving, and much more.

After completing an MBA specialization in entrepreneurship, the graduates will have the knowledge, skills, and connections required to start their own business, create self-sufficient teams, and pursue business and management roles out there.

The MBA in entrepreneurship subjects generally prepare students with leadership skills and change-managing ability, enabling them to grow a business and adapt to continuous environmental, technological, and regulatory changes.

How Does MBA Help in Entrepreneurship

Here is how pursuing an MBA can help you in entrepreneurship:

  1. Develops Entrepreneurial Skills: An MBA can help equip you with essential entrepreneurial skills, such as market analysis, strategic planning, financial management, and leadership. These skills are crucial for starting and managing your own business venture.
  2. Networking Opportunities: Pursuing an MBA allows you to network with fellow entrepreneurs, industry experts, investors, and mentors. These networks can be invaluable for building connections and partnerships in future ventures.
  3. Access to Resources: Some of the best entrepreneurship MBA programs in the world offer students access to resources like funding opportunities, incubators, accelerators, and business support services, helping them launch and grow their startups.
  4. Mentorship and Guidance: Experienced faculty and mentors in MBA programs can offer much-needed guidance, mentorship, and practical advice based on their own entrepreneurial experiences, helping students navigate challenges easily.
  5. Validation and Credibility: By pursuing an MBA degree, budding entrepreneurs can add credibility and validation to their entrepreneurial journey, instilling confidence in stakeholders, investors, and potential partners.

Scope of MBA in Entrepreneurship in India

An MBA in entrepreneurship opens doors to a diverse range of job opportunities in both private and government sectors. Graduates can either start their own business, take up some managerial roles, or work in a consulting firm. With the rise of startups and increasing demand for business leaders, this MBA degree is sure to provide good career growth, a high salary, and opportunities for further studies.

Jobs after MBA in Entrepreneurship

There are a range of job opportunities after MBA in entrepreneurship, allowing students to not only start their own businesses but also join the corporate world if they want to. Here are some of the top jobs after MBA in entrepreneurship:

  1. Marketing Manager: A marketing manager is responsible for planning, executing, and overseeing the marketing strategies to promote a brand’s products or services.
  2. HR Manager: An HR manager is responsible for overseeing the human resources department within an organization.
  3. Product Manager: A product manager oversees the development and management of a product throughout its life cycle.
  4. Business Consultant: A business consultant is responsible for identifying and solving problems for other businesses as a client.
  5. Sales Manager: A sales manager is responsible for leading and managing a team of sales representatives within an organization.
  6. Business Reporter: A business reporter collects and analyses news and facts about trending business events by conducting conferences, interviews and investigations.
  7. Investment Banker: An investment banker is responsible for leading acquisitions and mergers for large corporations. They can also assist various startups in securing private placement or equity financing.

MBA in Entrepreneurship Salary

In this field, the salary varies according to the experience and skills one has. The average salary one can get after completing an MBA in entrepreneurship includes:

Job Profile Average Salary (in INR)
Marketing Manager INR 2.4 – 25 LPA
Product Manager INR 5.7 – 38.1 LPA
Finance Manager INR 3.5 – 33 LPA
HR Manager INR 2.9 – 19 LPA
Sales Manager INR 2.2 – 16 LPA
Business Consultant INR 3 – 14 LPA

Note: The average salary has been taken from Ambitionbox.com.

Top Recruiters for MBA Entrepreneurship Graduates

There is a range of recruiters that hire graduates through placement drives conducted in the top MBA in entrepreneurship colleges in India. Some of these recruiters include:

Healthcare Recruiters Banking Recruiters Automobile Recruiters Food and Beverage Recruiters Private Organisations
Apollo Mastercard Tesla Coca-Cola Amazon
Piramal HDFC Maruti Gyan Zomato
Fortis Square Ford Nestle Google
Sun Pharma ICICI BMW ITC Foods Flipkart
Medanta Paytm Mahindra Amul Infosys
Cipla American Express Hero Hindustan Unilever Wipro

As we conclude, it is clear that an MBA specialization in entrepreneurship can give aspiring businesspersons the edge they need to stay ahead in the game. The course will hone their business and management skills, making them a competent business professional who can not only start their own business successfully, but also stand on their own in the corporate world.

The Graphic Era University is the best MBA college in Dehradun, offering specialisation in various fields, including finance, human resources, and marketing. So, enrol in an MBA course at Graphic Era and take your professional career to new heights.

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