The word entrepreneur traces its origins from the French word entreprendre, which means “to begin something.” Aspiring entrepreneurs dream of undertaking something on their own – setting up a business, working on an innovative idea, giving shape to a product. But translating a business idea into a successful business calls for not just a lot of planning and careful execution – you also need to develop the right set of skills that could help you in successfully setting up, expanding and diversifying a business from scratch.
Courses in entrepreneurship management may prove beneficial as they can enhance your knowledge, skills and attitude. They can also offer valuable input and insight from management leaders or leading business magnates. Such courses may also help you analyse the current business environment and facilitate the development of your analytical skills.
Many business schools in India are realising the importance of providing fledgling and aspiring entrepreneurs with the right mix of academic insight and practical business lessons. Some management institutes in India are now offering full-time management programmes, certificate courses, diplomas and workshops in entrepreneurship to encourage and promote budding entrepreneurs.
If you have a potentially great business idea and an entrepreneurial streak, coupled with an appetite for success and a readiness to take risks, then pursuing a course in entrepreneurship may be a good idea. We have identified a few business schools in India offering entrepreneurship courses:
The XLRI Xavier School of Management offers a full-time six-month Post Graduate Programme for Certificate in Entrepreneurship Management (PGPCEM) through its Entrepreneurship Development Centre (EDC). The aim of this course is to promote entrepreneurship in Jharkhand and rest of India. XLRI’s faculty and guest lecturers from the industry cover conceptual and operational aspects related to the execution of entrepreneurial ventures.
The Entrepreneurship Development Institute of India (EDI) offers a two-year, full-time, residential Post Graduate Diploma in Management-Business Entrepreneurship (PGDM-BE) which is now in its sixteenth year of delivering entrepreneurship education. This course has been designed for entrepreneurs in particular, in a bid to encourage critical and creative thinking, to foster their aspirations, and facilitate new ventures through a practical learning experience.
The Centre for Entrepreneurship Development (CED) of SPJIMR, one of the five founding institutions of National Entrepreneurship Network (NEN) in India, promotes student interest in entrepreneurship, facilitates new venture creation and commercializes grass-roots inventions. CED helped start more than 20 new ventures by the year 2011 and offers elective courses and weekend certification programmes such as Start Your Business Certification Program (SYB), Grow Your Business Certification Program (GYB), The Entrepreneurial Manager (TEM) and Managing New Business Initiatives (MNBI).
NMIMS has been offering the MBA (Entrepreneurship & Family Business) programme since 1999 and has been helping family owned businesses to adjust to the changing business environment in India. Their course aims to inculcate entrepreneurial qualities in people who have inherited family businesses, so that they can build and further grow their enterprise.
The Part Time MBA in Social Entrepreneurship is offered by the Center for Sustainability Management & Social Entrepreneurship, NMIMS and may interest social work professionals who wish to update their knowledge, social sector volunteers who need professional insight into the management of the social sector, as well as managers from the corporate world who deal with Corporate Social Responsibility (CSR).
The Entrepreneurial Development Programme (EDP) is offered by Xavier Institute of Management & Entrepreneurship (XIME) on an annual basis and is spread over six modules. This short course may prove useful to people who want to start/grow their own business or want to create self-sustaining social service ventures.
The Nirma University Institute of Management offers a regular two-year MBA specialising in Family Business & Entrepreneurship. It targets the next generation of family business owners, as well as young graduates with entrepreneurial ambitions but no prior business experience.
The Amity Business School in Noida offers a two-year MBA in Entrepreneurship that focuses on small business management, enterprise growth and succession, social entrepreneurship and managing a growing enterprise.
The Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL), set up in March 2002 as a focal point for entrepreneurial studies at IIM Bangalore, not only trains entrepreneurs and promotes entrepreneurship, but also runs an incubator cell for startup companies. The programmes it offers are mostly one-year certificate courses that empower and educate aspiring women entrepreneurs to create their own business or social enterprise and coach entrepreneurs and new entrants of family businesses to successfully sustain and expand their business.
The NIESBUD is an apex institute in the area of entrepreneurship and small business development under the Ministry of Micro, Small and Medium Enterprises, Government of India. It oversees the activities of various institutions and agencies engaged in entrepreneurship development, particularly in the area of small industry and small business. It also provides numerous training and development courses for budding entrepreneurs and small businesses.
UBS is one of India’s first virtual open distance learning institutions, which in collaboration with Don Bosco University Global (an online e-education platform by Assam Don Bosco University) offers an online MBA in Entrepreneurship, Business Management and Strategy. Learning takes place through different environments like virtual classrooms, live sessions, recorded sessions and e-books.
Programs are subject to change. Students are advised to check on course availability with each school.