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Online MBA in Entrepreneurial Management
There is a bigger demand than ever for creative leaders and strategic thinkers. The goal of an online MBA program in entrepreneurial management is to provide prospective business owners and executives the information and abilities they need to successfully traverse the challenges of starting and growing profitable companies. Through the combination of demanding academic theory and useful, real-world application, this curriculum helps students advance their capacity for critical thought, strategic planning, and leadership. Professionals may further their education without taking a break from their professions by utilizing the flexibility of online learning, which makes this degree a great option for people who are dedicated to promoting innovation and change in their fields.
Online MBA in Entrepreneurial Management: Overview
A thorough curriculum that combines fundamental business concepts with specific entrepreneurial abilities is the Online MBA in Entrepreneurial Management. Along with modules on innovation, venture development, and entrepreneurial financing, the curriculum usually includes courses in finance, marketing, operations, and strategic management. Students gain knowledge about creating company ideas, analyzing markets, and navigating startup ecosystems’ difficulties.
Opportunities for experiential learning, including case studies, capstone projects, and working with seasoned business owners, are frequently included in the curriculum. This MBA program’s flexible design enables professionals to manage their education, employment, and personal obligations. It also offers a strong foundation for starting new businesses or fostering innovation within already-existing enterprises.
Key Highlights of Online MBA in Entrepreneurial Management
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PARAMETERS
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DETAILS
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LEVEL OF COURSE
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Post Graduation
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COURSE DURATION
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2 years
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ELIGIBILITY CRITERIA
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Graduation or Diploma. In some cases work experience is needed and in some cases work experience is not needed.
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ADMISSION PROCESS
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Direct/ Merit-based/ Entrance exam-based
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ENTRANCE EXAM
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CAT, XAT, MAT, SNAP, GMAT
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COURSE PEDAGOGY
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Online classes and Learning Management System (LMS)
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FEE RANGE
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5 - 20 Lakhs
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SPECIALIZATION
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Finance, Marketing, Supply Chain Management, Human Resource Management
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TOP UNIVERSITY
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Lovely Professional University (LPU), Amity University Online, IGNOU
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JOB PROFILE
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Marketing Manager, Brand Manager, Digital marketing manager, Product Manager, Market Research Analysts
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AVERAGE SALARY
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9 - 15 LPA
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Why Choose an Online MBA in Entrepreneurial Management?
- Prospects for Practical Learning:- A lot of online MBA programs in Entrepreneurial Management include possibilities for practical learning, including startup simulations, entrepreneurial laboratories, and consulting assignments. Practical insights on starting and running enterprises in real-world situations are gained from these practical experiences.
- Access to Knowledgeable Teachers and Materials:- Experienced instructors with a focus on business management and entrepreneurship are frequently found in online MBA programs. Students receive invaluable insights, mentorship, and assistance from industry professionals through virtual lectures, seminars, and one-on-one engagements.
- Entrepreneurial Support Services:- A lot of online MBA schools provide entrepreneurship centers, incubators, and accelerators as well as other specialized support services for would-be business owners. These tools assist students in starting and expanding their businesses by providing mentorship, financial options, and access to industry networks.
Who is Eligible to Choose the Online MBA in Entrepreneurial Management?
- Knowledge in Education:- The majority of programs call for a bachelor's degree from a recognized university. Numerous programs allow degrees from any subject, however, some favor applicants with a degree in business, economics, or a similar topic.
- Employment Background: Professional job experience, usually spanning from two to five years, is preferred or required by many online MBA programs. This practice makes it possible for students to participate in and gain from the program's practical, real-world focus..
- Quantitative Abilities:Having a foundation or basic grasp of statistics, data analytics, and related technical abilities can be helpful and occasionally expected, even if it's not usually a formal necessity.
Topics Covered in Online MBA in Entrepreneurial Management
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Semester 1
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Semester 2
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Fundamentals of Entrepreneurship
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Social Entrepreneurship
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Creativity and Innovation
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Business Environment
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Principles and Practices of Management
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Fundamental of Finance – II
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Fundamental of Finance - I
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Business Communication
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Human Resource Management
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Service Management
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Principles of Marketing Management
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E-Business
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Entrepreneurial Decision Making
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Digital Marketing
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Comprehensive Viva
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Comprehensive Viva
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Semester 3
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Semester 4
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Financing New Ventures and Business
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Legal Aspects of Business
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Managing Start-up Strategic Framework for SMEs
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Rural and Industrial Marketing
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Introduction to Taxation
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Business Ethics and Corporate Governance
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Contemporary Issues in Strategy
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International Business / EXIM Management
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Duration of the Online MBA in Entrepreneurial Management?
- One-Year Programs:- Designed for professionals who wish to finish their MBA fast, these programs are intense and expedited. They frequently have more demanding entrance criteria in terms of past job experience and academic standing, as well as a large time commitment.
- Two-Year Programs:-The coursework for these more conventional two-year MBA programs is spaced out. They make it possible for a more moderate pace, which working professionals may find easier to handle.
- Part-Time Programs:-Depending on how many classes a student enrolls in each term, these flexible programs can take two to four years to finish. They are perfect for people who have other responsibilities in addition to their academics.
Universities that Provide Online MBA Program in Entrepreneurial Management
- Lovely Professional University (LPU):- LPU provides an online MBA program with a focus on family business and entrepreneurship. Courses on venture formation, business modeling, entrepreneurial finance, and entrepreneurial skills are all part of the program.
- Amity University Online: :-With an emphasis on entrepreneurship, Amity University provides an online MBA program. Business planning, innovation management, venture capital, startup finance, and entrepreneurial strategy are just a few of the topics covered in the curriculum.
- IGNOU:-The Indira Gandhi National Open University provides a distance-learning MBA program with an emphasis on entrepreneurship. Identification of business opportunities, feasibility analysis, business planning, and entrepreneurial finance are some of the subjects covered in the curriculum.
Skills Needed for the online MBA in Entrepreneurial Management
- Critical Thinking:-In entrepreneurial management, the capacity to assess possibilities, analyze data, and reach strategic judgments is essential. Entrepreneurs who possess critical thinking abilities can see possibilities, evaluate risks, and provide creative solutions for difficult business problems.
- Imagination & Creative Thinking:-To stand out in crowded marketplaces, entrepreneurs need to be creative thinkers and producers of original ideas. Their ability to be creative and innovative enables them to create original goods, services, or business models that creatively cater to the demands of clients.
- Economic Literacy: -Managing a business's finances requires an understanding of fundamental financial ideas and principles. To guarantee the financial viability of their businesses, entrepreneurs need to be able to manage cash flow, anticipate revenues and costs, set budgets, and make wise financial decisions.
Recommended Books for Online MBA in Entrepreneurial Management
- "The Lean Startup" by Eric Ries
- "Zero to One: Notes on Startups, or How to Build the Future" by Peter Thiel and Blake Masters
- "The Startup Owner's Manual: The Step-by-Step Guide for Building a Great Company" by Steve Blank and Bob Dorf
- "Good to Great: Why Some Companies Make the Leap... and Others Don't"by Jim Collins
- "The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail" by Clayton M. Christensen
Procedure for Admission for Online MBA in Entrepreneurial Management
- Show Up for Entrance Examinations:-Common Admission Test (CAT), Management Aptitude Test (MAT), Xavier Aptitude Test (XAT), and other entrance examinations may be required for admission to certain online MBA programs in India.
- Interview: As a component of the selection procedure, some programs may require interviews. If an interview is necessary, get ready by rehearsing your answers to frequently asked interview questions.
- Interview:- To determine whether a shortlisted candidate is a good fit for the program and to hear about their career objectives, certain institutions may have interviews with them.
- Approval and Registration: Read the terms of acceptance and any deadlines for enrolling deposits and accepting the offer of admission carefully if you get one. Once the registration procedure is complete.
- Orientation and Curriculum Beginning:- After enrolling, take part in any orientation sessions offered by the school to become acquainted with the academic regulations, online learning environment, and student resources.
Educational Expenses for an online MBA in Entrepreneurial Management
- Tuition:- Depending on several variables, including the school's reputation, program length, and status as a public or private university, the cost of online MBA programs in aviation in India can vary significantly. In India, the annual cost of tuition for MBA programs can vary greatly, from a few thousand to millions of rupees.
- Extra Charges: Students may have to account for extra costs in addition to tuition, such as study materials, technology fees, and even travel or housing costs for any on-campus coursework or program-related industry visits
- Economic Aid:- To assist students in managing the expense of tuition and to increase program accessibility, certain schools may provide financial aid choices such as loans, grants, installment payment plans, and scholarships.
Is Enrolling in this Online MBA Program Worthwhile?
- Value for Money: -Because online courses sometimes have cheaper tuition prices and do not need accommodation, transportation, or other on-campus expenditures, they can be more affordable than traditional on-campus programs.
- Improvement of Competencies:- Courses in Entrepreneurial Management can assist you in gaining the fundamental information and abilities required to thrive in the startup sector, including marketing, financial management, leadership, and strategic planning.
- Identification:-Finishing an online course in entrepreneurial management can get you a useful certification that attests to your proficiency in and dedication to the field of entrepreneurship. This certification will help you look more credible to potential employers, investors, and partners when it comes to your CV.
Job opportunities for Online MBA in Entrepreneurial Management
- Entrepreneur/business Founder:- You may choose to start your own business or entrepreneurial endeavor after gaining the information and abilities from your education. This might entail developing a brand-new good or service, seeing market niches, obtaining capital, and overseeing every facet of the company.
- Business Development Manager:- Business development managers have to locate and seize possibilities for their companies to expand. You can succeed in positions including market research, strategy planning, partnership creation, and income generation if you have experience in entrepreneurial management.
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Venture capitalists and private equity analysts:- Assess potential investments in early-stage and growth-stage businesses. Possessing a strong understanding of both business and entrepreneurial concepts can help you succeed in positions involving business model evaluation, due diligence, and portfolio company strategic advice.
Leading employers for Online MBA programs in Entrepreneurship Management
- Amazon
- Netflix
- McKinsey & Company
- Bain & Company
- Boston Consulting Group (BCG)
- Y Combinator
- Techstars
- 500 Startups
Addmission Open for 2024
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