Best MBA in Startup & Entrepreneurship Colleges in Bangalore – Course Details, Scope, Opportunities based on 2022 – 23 Rankings and Reviews
Updated on 17 March 2023
Best MBA in Startup & Entrepreneurship Colleges in Bangalore – Course Details, Scope, Opportunities based on 2022 – 23 Rankings and Reviews
MBA in Startup & Entrepreneurship Colleges in Bangalore
The startup era is well and truly upon us. So what is it anyway? As per the government, a startup is any newly established business entity which:
- Is less than 5 years old
- Does not have a yearly turnover of more than Rs. 25 crores
It’s pretty easy to kickstart a startup. You’d find many established professionals from fields such as engineering, marketing, sales and healthcare quit their day jobs to pursue their dream of having a company. Either being a solo-founder or in partnership with a colleague or group of like-minded individuals, many young aspiring entrepreneurs are jumping on the startup bandwagon. However, sustaining a startup and making it a successful venture over a long period of time is one of the most challenging aspects there is in the current competitive and ruthless business setup.
Many startups go on to become Unicorns, which are basically privately held startups who have an evaluation of $1 Billion or more. However, it’s a hell of a task to reach the unicorn status as many end up liquidating withing years.
While you can take the leap into the risky startup world without any formal education, pursuing a Masters in Business Administration in Startup and Entrepreneurship will help you leaps and bounds in developing your own startup. You ask why? Read on…
What’s an MBA in Startup and Entrepreneurship and why should you take it up?
MBA is considered to be one of the most prestigious, if not the most prestigious business course in the world. Having an MBA in one’s resume has become more of a fad these days. It’s not a short-lived phenomenon though, as the MBA has consistently had high demand. While finance, marketing, banking and Human Resources have been the go-to streams for most candidates, there are many new-age specializations that have come up in recent years. Startup and Entrepreneurship is one of them.
An MBA in Startup and Entrepreneurship will familiarize the student with all the fundamentals of business and how a company works. The structure, enterprise planning, finance, marketing, quantitative and qualitative business and management techniques, human resources, branding, organizational behavior, operations management — all form the crux of the programme.
Additionally, startups thrive on various rounds of funding and the course also focuses on that feature, the negotiations that are involved, the right business pitches and how to use the funds efficiently.
MBA is an up-to-date course which also concentrates on innovative and fresh strategies in business. As the pitfalls in startups are a real deal, MBA in Startup and Entrepreneurship also prepares the students for the tricky scenarios that can negatively affect a company and its growth.
It’s a pretty exhaustive course that offers candidates a thorough insight into new businesses and ventures.
Also Read:Best MBA Colleges In Bangalore | MBA Entrance Exam Details
MBA in Startup and Entrepreneurship Course Duration
MBA in Startup and Entrepreneurship is a 2-year post graduation programme that is divided into four semesters.
There are institutes that also offer part-time MBA programmes that could last for 1 to 2 years.
MBA in Startup and Entrepreneurship Eligibility Criteria
- Candidate must have a Bachelor’s degree in any business or management related stream. The course is highly recommended for students with a Bachelor of Business Administration (BBA) degree. However, candidates from any other stream are welcomed to pursue the course as well.
- The minimum cut-off is 50%
- Candidates would also need to clear an accepted MBA entrance exam. A handful of the top MBA colleges conduct their own aptitude test.
List of MBA Entrance Exams
- CAT
- MAT
- GMAT
- XAT
- SNAP
- NMAT
- KMAT
- Karnataka PGCET
MBA in Startup and Entrepreneurship Admission Process
- Decide whether you want to go for a full-time, part-time or distance education MBA programme based on your time and commitments
- Shortlist colleges based on your preferences such as fees, location and amenities
- Apply for any of the top MBA entrance exams and get all the relevant details such as exam date, study material, exam center and passing requirements
- Download and fill admission forms of the colleges you would like to join
- Once the entrance exam results are out, colleges put out the merit list and if you feature in it then the next step would be…
- To pay a certain part of the overall fees to confirm your admission
- Some colleges even conduct group discussion and personal interview rounds as part of the screening process
The process sounds extensive right? Relax, we’ve got you covered at every step. Just give us a call at 08061160468 and get into the best MBA college without any trouble.
MBA in Startup and Entrepreneurship Syllabus
MBA in Startup and Entrepreneurship is a 2-year programme which is split into 4 semesters. Given below is a semester-wise breakdown of the subjects that are commonly offered:
| Semester I |
|---|
| Economics for Managers
Quantitative Techniques in Management Organizational Behaviour Information Technology for Managers Marketing Management Behavioral Science I Business Communication Foreign Business Language I |
| Semester II |
| Production and Operations Management
Human Resource Management Legal Aspects of Business Accounting and Finance for Managers Research Methodology Behavioral Science II Project Foreign Business Language II |
| Semester III |
| Business Environment and Strategic Management
Electives I, II, III, IV and V Project Summer Internship Behavioral Science III Business Communication Foreign Language III |
| Semester IV |
| Management in Action – Social, Economic and Ethical Issues
Electives I, II, and III Thesis/ Dissertation Behavioral Science IV Business Communication Foreign Language IV |
| List of Electives |
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The course content is imparted through theory lectures, practicals, seminars, group discussions and debates. The assessment is done via written term examinations, projects, internship, company reports and thesis paper.
MBA in Startup and Entrepreneurship Average Fees
It’s a known fact — MBAs don’t come cheap. The highly sought-after course is one of the most expensive PG degrees to obtain as most B-Schools charge an incredibly high figure for the 2-year course.
The average course fee for MBA in colleges in Bangalore ranges between Rs. 1.5 – 5 lakhs per year. That would come up to 3 – 10 lakhs for the entire programme.
There are a handful of private B-Schools that charge as high as Rs. 10-12 lakhs per year, which would account for a total of Rs. 24 lakhs for the whole course.
However, student and educational loans at low-interest rates are easily available, so there’s no need to panic.
MBA in Startup and Entrepreneurship Job Opportunities and Future Scope
Prime Minister Narendra Modi brought in a string of reforms in the business sector as soon as he came to power in 2014. The Make in India movement gave rise to the Startup India Programme in India in 2016, which brought about a Startup Action Plan made up of a 19-point directive. The plan made patent filing simple, had tax waivers for businesses, corpus funds worth 10,000 crores and enabled overall ease in setting up and managing a business in India.
So what were the results of the programme, you ask?
According to a study conducted by Startup India, Almost 15,113 startups cropped up in the three years since the launch of the programme in 29 states spanning 492 districts. The startup boom created 1,48,897 jobs in tier-1, tier-2 and tier-3 cities and contributed immensely to the economic growth of the country.
The Indian Startup ecosystem has grown to be worth $130 Billion and that’s only bound to increase as the target is to reach 20,000 startups by 2023 registered under the NDA government’s flagship scheme.
Despite the risks, it’s the ideal time to begin a new business venture in a country that has a thriving economy. Additionally, an MBA in Startup and Entrepreneurship can even open the doors for jobs in various other sectors, that is if you choose to prolong your dream of developing your own gig.
The employment areas and industries for candidates who complete this course include:
- Information Technology
- Marketing
- Advertising
- Automobile
- E-Commerce
- Healthcare, Wellness and Pharma
- Logistics and Transportation
- Fintech
- Retail
- Edutech
- Consumer Products and Services
- Construction
- Furniture
- Finance
- Food and Beverages
- Entertainment and Media
- Travel, Tourism and Hospitality
- Internet Structure
- Design
- Sports
- Energy
- Agriculture
- Beauty and Fashion
- Manufacturing
- Web Development
- Real Estate
Job Roles:
- Founder/ CEO/ COO
- Vice President
- Business Owners
- Business Development Manager
- Business Analyst
- Senior User Experience Designer
- Business Consultant
- Project Manager
- Associate Director, Sales and Marketing
- Operations Manager
- General Manager
- Business Process Consultant
- Management Consultant
Seed investing firms and venture capitalists are readily looking out for exciting startups to pump their money into. Many recent startups have gone on to become billion dollar unicorns with the most notable ones being Swiggy, Ola Cabs, Zomato, Byju’s, Freshworks, Oyo Rooms, Flipkart, Quickr, Mu Sigma, Billdesk, Big Basket, Policy Bazaar and ShopClues.
With sophisticated online connectivity, burgeoning social media channels and new marketing techniques coming to light, startups are growing at an accelerated rate as compared to a few years ago.
Even if you find it tough to set up your own venture, there are many startups that are actively looking out for MBA graduates with ample knowledge that can scale their operations and overall growth. Websites such as Angelist are especially dedicated to connecting startups with potential investors and employees.
Not just startups for that matter, even established multinational companies are hiring candidates with an MBA in Startup and Entrepreneurship. Don’t worry, the scope is diverse.
Thus, you can always gather relevant experience before you dive into the ambitions startup ecosystem.
MBA in Startup and Entrepreneurship Average Salary and Payscale
An MBA graduate in Startup and Entrepreneurship can earn anywhere around Rs. 6 to 40 lakhs depending on the experience and performance. Now, the remuneration package will obviously differ if you are a founder of a startup.
Let’s take the popular case of Sachin Bansal, the co-founder of Flipkart. When Walmart took over Flipkart in a deal valued at around $16 Billion, Bansal decided to quit and sold of his 5.5% stake of the company and pocketed close to Rs. 6700 crores.
So yes, the founders usually hold a stake in the company that they set up from scratch and often earn big bucks by letting the larger multinational companies initiate a merger or takeover.
If you are a business owner or founder, the turnover of the company would naturally have a direct effect on your salary package. Same goes for the other higher management team of the firm, which includes Vice Presidents, directors and other executives.
VPs, directors and CEOs of top startups earn have annual packages that exceed range between 1-5 crores.
If you are an MBA grad with lesser experience and get a job at a startup, you must expect anywhere around Rs. 6-12 lakhs to begin with. With investments coming in from venture capitalists and various rounds of seed funding, the figure is bound to multiply, given that you are willing to put in the hard work and inventiveness to help the startup transform into a unicorn.
Highest Studies after MBA in Startup and Entrepreneurship
Most candidates usually settle with an MBA and devote all their attention on either climbing up the corporate ladder or to establish their own company.
However there a select few who go one step further and wish to study further. For those amazingly driven individuals, there are 3-year Doctor of Philosophy (Ph.d.) courses in Management Studies, Business Administration and Business Management to pursue.
All they need to have is a masters in any business related stream as well as some documented work experience to go for a Ph.D.
Conclusion
Do you have a vision or a creative business idea that could be the next big thing? Are you obsessively encouraged and motivated to make a company out of the bright spark that is running in your head? Do you possess an unshakable belief in your vision? Do you understand the market you want to jump into and are willing to face the hurdles that come along with setting up a startup? Are you unprejudiced to new trends and are ready to incorporate them into your plan of action?
Ask your self these questions. An MBA in Startup and Entrepreneurship will help you find the answers. So what are you waiting for, check out the best MBA colleges in Bangalore that offer an MBA in Startup and Entrepreneurship. It should be noted that most institutes call the course MBA in Entrepreneurship.
Best MBA in Startup and Entrepreneurship Colleges in Bangalore
Here is a list of Best MBA Startup & Entrepreneurship Colleges in Bangalore, for details about these colleges, read on.
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Below are the details of the above mentioned best MBA startup & Entrepreneurship colleges in Bangalore.
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Christ University
Address: Christ University, Vishwaneedam Post, Bangalore – 560091
Website: ewit.edu
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AIMS Institutes
Address: AIMS 1st cross, 1st stage, Peenya, Bangalore 560 058, INDIA.
Website: https://theaims.ac.in/
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Amity Global Business School
Address: Amity Global Business School 372, Koramangala, St. Johns Hospital Road, 3rd Block, Bangalore- 560034 (Karnataka)
Website: http://bangalore.agbs.in
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Xavier Institute of Management and Entrepreneurship (XIME)
Address: Electronics City, Phase II, Hosur Road, Bangalore 560 100, India
Website: http://xime.org/
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GIBS Business School
Address (2 campuses): Thamapura Road, Gumblapur Anekal Thalli Road, Gumblapur Post, Near Check post, Thalli
ITI Layout, Banashankari III-stage, Bengaluru, Karnataka 560085
Website: http://gibsbschool.com
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Reva University
Address: Rukmini Knowledge Park, Kattigenahalli, Yelahanka, Bangalore – 560064.
Website: https://reva.edu.in
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PES University
Address (3 campuses): 100 Feet Ring Road BSK III Stage Bangalore-560085
Hosur Road, 1 km before Electronic City Bengaluru, Karnataka 560100
50 Feet Road, Phase 1 Banashankari Stage I Hanumanthanagar Bengaluru, Karnataka 560050
Website: https://www.pes.edu/
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Koshy’s Institute of Management Studies
Address: No.31/1, Kadusonnapana Halli, Hennur-Bagalur Road, Kannur, Bangalore – 562149, Karnataka, India
Website: https://www.kgi.edu.in
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Jain University
Address: #133, Lalbagh Road, Bangalore, Karnataka, India – 560027
Website: https://www.jainuniversity.ac.in
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Acharya Bangalore B-School
Address: Andrahalli Main Road, Off Magadi Road, Bengaluru – 560 091, Karnataka, India
Website: https://abbs.edu.in
Now that you know almost everything about the course – MBA in startup & Entrepreneurship, why not start zeroing down on the best MBA startup & entrepreneurship colleges in Bangalore. If you are still confused about which colleges to choose or skeptical about the course, we are here to help you out, All you need to do is comment down below with your concerns or just Give A Miss-Call To 080-6116-0468 and we’ll get back to you & help you out.
