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Online MBA in Entrepreneurship
Aspiring innovators and business executives who want to turn their ideas into profitable ventures are the target audience for an online MBA in entrepreneurship. Students who complete this program will have the fundamental knowledge, abilities, and resources necessary to successfully negotiate the challenges of launching and operating a business in the fast-paced, cutthroat market of today. An online MBA in entrepreneurship equips graduates with the skills necessary to recognize possibilities, create workable business models, and steer their businesses toward long-term success. This is achieved by fusing fundamental business concepts with specific courses in innovation, venture formation, and strategic growth.
Online MBA in Entrepreneurship : Overview
A degree in entrepreneurship from an online MBA program gives prospective company executives the know-how and abilities needed to launch and expand profitable businesses. This program combines specialist courses in innovation, new venture formation, and entrepreneurial finance with classic business foundations like finance, marketing, operations, and strategic management. Students network with classmates, instructors, and business experts while gaining hands-on experience, such as capstone projects and incubator access.
Key Highlights of Online MBA in Entrepreneurship
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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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TOP UNIVERSITY
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Symbiosis Center for Distance Learning (SCDL), Amity University Online, NMIMS Global Access School for Ongoing Learning
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JOB PROFILE
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Business Development Manager, Innovation Manager, Consultant
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AVERAGE SALARY
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12-14 LPA
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Why Choose an Online MBA in Entrepreneurship?
- Technological Ability : Using online learning resources and platforms improves digital literacy, which is an important ability in the technologically advanced corporate world of today. Learning is enhanced by having access to a variety of digital resources, such as online libraries, interactive simulations, and video lectures.
- Customized Education : Advanced learning management systems are used in contemporary online MBA programs to support communication, teamwork, and customized feedback. Online programs provide a variety of ways to participate and learn efficiently, including discussion boards, live webinars, and multimedia information.
- Affordability : With savings on accommodation, transportation, and other related expenses, online programs can be more economical than conventional on-campus ones. To assist students, several organizations provide financial help, scholarships, and adjustable payment schedules.
Who is Eligible to Choose an Online MBA in Entrepreneurship?
- 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.
Duration of Online MBA in Entrepreneurship
- Full-Time Programs:Full-time online MBA programs typically last between 18 months to 2 years, during which time students must devote a large amount of their time to courses, assignments, and projects.
- Part-Time Programs:Part-time Online MBA programs can last anywhere from two to three years or longer. They are intended for working people who must combine their studies with full-time jobs or other obligations.
- Facilitated Programs:A few online MBA programs have expedited alternatives that let students finish their coursework in as little as 12 to 15 months.
- Customizable Programs: Students may tailor their study time and pace to suit their unique requirements and preferences by enrolling in one of the many online MBA programs that provide flexible scheduling choices.
Topics Covered in Online MBA in Entrepreneurship
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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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Universities that Provide Online MBA Program in Entrepreneurship
- Amity University Online Program : Online MBA with Entrepreneurship SpecializationOverview : Students who complete this program will have the skills necessary to launch and expand their own firms thanks to its emphasis on entrepreneurial leadership, company strategy, and innovation management.
- NMIMS Global Access School for Ongoing Learning Program : PGDBA (Post Graduate Diploma in Business Administration) with Entrepreneurship SpecializationOverview : The goal of this program is to give students real-world entrepreneurial skills through courses on company planning, venture capital, innovation management, and entrepreneurial finance.
- Symbiosis Center for Distance Learning (SCDL) Program : PGDBA (Post Graduate Diploma in Business Administration) with Entrepreneurship SpecializationOverview : This curriculum covers the fundamentals of entrepreneurship, such as the development of new ventures, inventive business models, and strategic management.
Skills Needed for online MBA in Entrepreneurship
- Strategic Contemplation : Establishing and putting into practice business plans that drive a new venture's growth and direction. Recognizing possibilities, the competition, and the dynamics of the market.
- Practical Knowledge : Arranging, carrying out, and supervising projects to guarantee their timely and cost-effective completion. optimizing processes to increase production and efficiency.
- Creating Connections and Networking : Creating and preserving connections with partners, investors, and stakeholders. Good verbal and written communication to effectively and convincingly communicate ideas.
Recommended Books for Online MBA in Entrepreneurship
- "The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" by Eric Ries
- "Zero to One: Notes on Startups, or How to Build the Future" by Peter Thiel with Blake Masters
- "The Startup Owner's Manual: The Step-by-Step Guide for Building a Great Company" by Steve Blank and Bob Dorf
- "The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail"by Clayton M. Christensen
- "The Art of the Start 2.0: The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything" by Guy Kawasaki
Application Procedure For The Online MBA In Entrepreneurship
- Registration: Fill out the institution's online application form. Personal data, school transcripts, job experience information, and any other necessary paperwork are usually included in this.
- Test for Entrance: The entrance test for MBA admissions in India may include the CAT (Common Admission Test), XAT (Xavier Aptitude Test), MAT (Management Aptitude Test), or other comparable examinations, depending on the school.
- Interview: As part of the admissions process, you could be required to attend an interview for certain programs. This interview may take place via phone, video conference, or in person.
Educational Expenses for an online MBA in Entrepreneurship
- Schooling: The cost of online MBA programs in India can vary significantly based on several criteria, including the program's duration, structure, and reputation of the school. In India, the typical cost of tuition for online MBA programs can vary from several hundred thousand rupees to several lakhs.
- Extra Charges:There can be additional charges for technology, course materials, registration, and exams. Make sure you factor in these extra costs in addition to tuition.
- Scholarships & Monetary Aid: Consider if your goals, values, and interests are in sync with earning an online MBA in marketing. If you use your education to further your career and personal objectives, it may be a personally meaningful and rewarding investment.
Is Enrolling in this Online MBA Program Worthwhile?
- Profession Success : An MBA with a focus on entrepreneurship may offer you the information, abilities, and connections you need to be successful in this profession, whether your objective is to launch your own company or further your career in entrepreneurship.
- Improvement of Skills: The curriculum can assist you in acquiring critical entrepreneurial skills that are necessary for starting and running a profitable business, including strategic thinking, financial management, innovation, and leadership.
- Collaboration possibilities: Online MBA schools frequently include chances for students to interact with instructors, industry experts, and peers. By doing so, you may broaden your professional network and possibly pave the way for future partnerships and possibilities.
Job Opportunities for Online MBA in Entrepreneurship
- Business Development Manager: People who can see fresh possibilities, forge strategic alliances, and spearhead growth efforts are in high demand by firms, particularly small and fledgling ones.
- Innovation Manager: To spearhead projects aimed at creating new goods, services, or procedures, big businesses frequently employ innovation managers. You could be a great fit for these positions due to your innovative spirit and business approach.
- Consultant: You may advise and assist startups and small firms on a range of business development topics, such as market research, company strategy, and financing, as an entrepreneurship consultant.
Leading Employers for Online MBA in Entrepreneurship
- Google (Alphabet Inc.)
- Amazon
- Facebook (Meta Platforms Inc.)
- Apple Inc.
- Microsoft Corporation
- McKinsey & Company
- Bain & Company
- Boston Consulting Group (BCG)
- Deloitte Consulting
- PricewaterhouseCoopers (PwC) Advisory
Addmission Open for 2024
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