Application Process: 30 Mar, 2021 - 24 May, 2021
Exam Date: 30 May, 2021
The course on Entrepreneurship teaches the students what an enterprise is and what entrepreneurship means. It makes them aware of what an entrepreneur does and are made aware of the innovations and technologies which are developed to help with the entrepreneurial process.
The businesses can be of any kind of scale, from small business ventures into lifestyle businesses to growth-oriented businesses to profits even non-profits oriented companies. The students will be involved in thinking and in innovating new ideas and strategies while learning how to manage and fight uncertainty and risks involved.
The students are required to fulfil the eligibility criteria of colleges before securing admission. If the students fail to fulfil those criteria then they would lose their seat in the college. An eligibility criteria is set up to shortlist students who thee colleges deem to be right for their environment and institution.
The students should have completed their 10+2 class from a recognized board with a science stream.
If the students have commerce as their main subject, it would also be allowed for admission.
The institutes give admission to students based on their scores in the entrance test. The universities may conduct their admission tests or an all India based entrance exam would be conducted. Some of the entrance exams for entrepreneurship course have been mentioned below –
DSAT (Dayananda Sagar Admission Test)- It is a university-level admission examination. It offers admission to the UG and PG programs in the college. It is conducted in both offline and online mode. The paper would consist of objective-based multiple-choice questions in English only.
SUAT (Sharda University Admission Test)- It is a university level exam conducted to grant admission to the UG and PG courses. The exam is conducted offline. It has objective based multiple-choice questions.
KIITEE (Kalinga Institute of Industrial Technology Entrance Examination)- It is a National Level Entrance Examination. It will be conducted online for 5 days. The duration is 3 hours with multiple-choice questions based on Quantitative Aptitude, Analytical Reasoning, English, General Knowledge and social concerns.
CMRUAT (CMR University Admission Test) - It is a university level examination. It offers admission to UG and PG courses. It is conducted online in English only. It will have multiple-choice questions and no negative marking.
ITM NEST (ITM National Entrance and Scholarship Test)- It is a university-level exam conducted to grant admission to various UG and PG programs. It is conducted in offline and online mode for 1.5 hours. The paper consists of 100 objective type questions in English only.
The field of entrepreneurship has a lot of scope. After graduating in this course, the students can think of starting up their business. The scope of Entrepreneurship is not only tremendous in India but also in Abroad.
Looking at our young generation, they are more focused on setting up their business than working under someone. These new young minds have given a great rise to the new start-ups we see now. They learn new skills and techniques about how to run a business.
Before starting their own business, they can even work in a company and gain experience about how a company runs, its financial sources, its different departments and much more.
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Different subjects taught to the students to make them skilled in every aspect of the course. These subjects teach them how to deal with problems and make them knowledgeable about everything. Some of the subjects taught to students in Entrepreneurship course are –
Basic mathematics & Statistical Techniques
Computers in Management
Introduction to Family Business Management
Polity & Society
Quantitative Techniques for Management
Financial Services & Institutional Supports
Analysis & Design Of Business System
Research Methodology & Research Preparation
Human Resource Management
Business Policy & Strategic Management
Industrial Relations & Compensation Management
Entrepreneurship field offers plenty of career options to the students. This degree would give the students the foundation for their business, which would require its management, financial support and business operations. For the Indian students, Entrepreneurship course is the most favourite course as they have a very creative and innovative mind.
Entrepreneurship course makes the students independent of their parents and gives job satisfaction as the students would have achieved their success on their own. You can start your own business which would require a lot of support. If not as an entrepreneur, you can start working as a business consultant in government or private companies.
After graduation, students can find opportunities in various job sectors and start working there. Some of the job profiles for Entrepreneurship Graduates are mentioned below –
A Sales Representative sells company products and satisfies the customers by fulfilling their needs. They focus sales on dealers after studying their existing and volume of distribution. When orders are received they complete them by looking at the price list and the product literature.
They inform the management of all the reports and activities carried out in the company.
They study the market by seeing the new products, pricing strategies of companies, delivery schedules and a lot more. They can also give suggestions for changing the product or the services offered by them.
Small Business Owners
Small business owners start their own business on a small scale. They have to describe the products and services offered by them, promote their products and services, how to promote them, their sales and budget limits.
They hire employees who are highly skilled and can handle the challenges arising in front of them. They look at the expenditure and the profit and loss statements to gather the losses incurred. They also make sure that the customers are satisfied after buying their products.
A Business Consultant has to collaborate with the executive management and make strategies which will improve the current business processes.
The applications created by the Business Consultant are tested and reports are made on these tests to study their effectiveness.
They make sure that two departments work hand-in-hand to satisfy the customers in the end and also make strategies to improve customer satisfaction.
They also establish and maintain relations with the customers and keep them informed about the new developments in the business.
A Business Reporter collects all the relevant information and then verifies and analyses it to make it newsworthy. All the information generated should be compiled to make a stable story to be showcased on televisions.
They contact other business reporters for information and have all the up-to-date information and make elaborative long stories on companies.
A Sales Manager has to employ employers by recruiting, hiring and training them for fitting in the job role offered.
They make sure the goals are being met on time, compare the performances of the employees towards this goal and even adjust them whenever required.
The team is given an accurate sales forecast by the sales manager.
They act as coaches, mentors and also give feedback to employees whenever required.
They develop competition but also ensure that there is collaborative teamwork.
Entrepreneurs are working for themselves by having their start-up plans, but at the same time, they want to also work for getting knowledge of how a business starts and takes a flight. So working in companies in the start makes a lot of sense for these entrepreneurship graduates. Some of the top companies which would like to recruit entrepreneurship graduates are –
Each entrepreneur requires a perfect combo of skills to persuade its sponsors to invest in their business. They have attracted people to work under him as well as his customers to generate customer loyalty for his products. He has to be very efficient and effective in whatever decision he takes.
Problem-solving skills – The entrepreneurs should know the answers to the questions raised in front of them. They should have proper solutions to all their questions.
Creativity – An entrepreneur until has a creative mind wouldn’t come up with innovative solutions to the problems raised in front of them. Creatively solve problems keeping in mind the cost and budget.
Risk-taking ability – All that an entrepreneur requires is taking risks in his business. Risk is the only way he’ll come to know if his business will get successful or will it fail.
Self-confidence – Speaking in front of hundreds of people requires an immense amount of confidence.
Good communication skills – The entrepreneurs should know the etiquettes of behaving with clients and sponsors. Communicate well and clearly, no beating around the bush with work.
Entrepreneurship course teaches the students the current economic, social and political culture. They understand how to create space for small business ventures.
They make students think creatively and test their creative skills. Changing their view on the current situations, making them realise how creative they are and promoting innovation in themselves. They also learn about the challenges and opportunities they get with starting small business ventures. Learning about the overview of the entire Entrepreneurship course, its foundation. They learn how to acquire funding from business ventures and how to win the trust of these people as well as the consumers on their products.
Entrepreneurship is all about having an idea and being able to pull through to make the idea into a successful business. Irrespective of what bachelors degree you take, if you have a business idea and the motivation to set up a company of your own, there are a lot of organisations out there which will help you and sponsor it to make a scalable business. Some colleges do offer specific courses in Entrepreneurship like below but these are not mandatory.
The main skills needed for an entrepreneur are:
All of this does not require a formal education. However having a degree always helps in building your credibility in the market. Also the education imparted to you during the course uses lot of case studies to explain real life problem. Some of these can be used in practical use cases and that gives you an added boost over others. Also a good college gives you the right industrial and corporate exposure and a platform to network with others and fins alumni. Hence, having a good college background is essential.
BBA stands for Bachelor of Business Administration a undergraduate course focuses on management and administration studies. BBA general is a management course. Generally, the course does not focus on any specific discipline or any field within the field of management.
While BBA in Entrepreneurship is a three-year undergraduate programme in the field of Business Management. It basically tries to enables candidate to be good entrepreneur. The skills that make a good entrepreneur is the hunger for innovation, and financial and business acumen.
So from above information you can compare these two courses and compare it and find its similarity and difference.
Follow the link to know about some of the college related to these stream:
The answer to this question depends on what you are interested in,your skill sets and long term career goals.
MBA Analytics is deals with data research ,its theoretical and practical aspects of data management and analysis,so if you want to know about data analytics and its application in business, then you can go for it. It involves collecting and analyzing and processing raw data to provide insights into the data to the required domain,you will learn hings such as neural networking, prediction algorithm,forecasting methods which can be applied to business strategies. The salary after this course will range from 6 - 20 lakhs per annum depending on the designation you get and the company, with increasing your skill sets and experience it may increase further . The field will be quite exciting and rewarding if you are good at it , you will get a decent starting salary if the college placements are good.Business Analyst, Data Scientist,Operation research analyst, Data Analytics Consultant, Risk Analyst, Healthcare Data Analyst etc are some job roles offered for such candidates.
On the other side ,if you are creative, have a good market knowledge,competitive and interested in starting your own business,you can take up MBA Entrepreneurship.This course is meant to equip students with the necessary knowledge, skills and networks required to become innovators and entrepreneurs Moreover, since it about business in general , you will cover all areas such as marketing, sales, advertising, etc., and you can work in any area at Managerial or Executive levels, for instance Financial Manager, Marketing Manager, Human Resource Manager, etc.
So before deciding , I would suggest to research more in deep about the course subjects in each of these programs and their opportunities,more importantly assess your strengths and weaknesses , like for example if you have a good base in technical knowledge ,math,statistics etc , then data analytics will suit you. Also, join a top institute to get quality learning experience ,exposure and placements.
All the best
A business degree is the obvious choice for most entrepreneurship. A business degree deals with many aspects of being a entrepreneur. It teaches the student how to communicate effectively, how to see and provide for needs in the market, and how to find and pursue opportunities
Some other best degree for entrepreneurship are given below
Hope this information will help you
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