Top Colleges For An MBA In Entrepreneurship in India (Regular, Distance, Online Colleges)

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Jagpreet

02 May, 2024

Top Colleges For An MBA In Entrepreneurship in India (Regular, Distance, Online Colleges)

“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.

What is an MBA in Entrepreneurship?

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.

  • Business Fundamentals:

    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.

  • Entrepreneurial Mindset:

    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.

  • Business Planning:

    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 Roles with Salaries after an MBA in Entrepreneurship

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

Top Colleges for Full-time MBA in Entrepreneurship

1. Jain University

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

2. Amity University

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

3. SIBM Pune

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

4. Faculty of Management Studies, Delhi University

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

Top Colleges for Online / Distance MBA in Entrepreneurship

1. Amity Online

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

2. D.Y. Patil Deemed to be University 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

3. Jain University

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

4. University of Mysore

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

Verdict

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!


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