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MBA in Innovation, Entrepreneurship, and Startups program seeks to provide two necessary things for successfully developing new technologies and entrepreneurship. Further, prospective students should prepare to study topics such as technology entrepreneurship, business startup, and international competitiveness. Moreover, a postgraduate degree known as an MBA (Master of Business Administration) is for students who are masters in business. Also, in India, students consider an MBA one of the most prestigious and sought-after degrees.
As an entrepreneur, you must constantly develop new ways to innovate and consistently execute business plans and ideas. Further, in this exceptional degree program, you’ll spend equal time understanding fundamental business concepts and developing new, disruptive strategies.
The concept of “business ecosystems” is one of the most critical aspects of this MBA specialization: a tangled network where new business concepts are developed and nurtured. Further, know how they fit into today’s economy and what other considerations you must consider when working there.
You will also explore the fundamentals of design thinking to improve your skills: what to think about when planning an item, administration, or brand for the computer age. Moreover, at the end of the course, you will be able to clearly and confidently develop your business concepts.
ShikshaGurus is a website that helps students find online courses from the best universities in India. The website only shows courses from universities that have UGC approval. In other words, this means that the universities meet specific standards for quality education. Students can use the website to find out more about the courses they’re interested in, compare them with other courses, and choose the one that’s best for them.
In the MBA in Innovation Entrepreneurship and StartUps, you will learn how to plan and build a business, product, or brand and what makes them successful. Further, you will learn much about marketing to help you sell your services to potential customers and grow your business to serve a wider audience.
Here are some of the Top Universities offering Mba in Innovation, Entrepreneurship, and StartUps
As an MBA graduate -Innovation, Entrepreneurship, and StartUps, you’ll be ready to have your place in a roaring fire industry or transfer your cutting-edge skills to more mainstream businesses. Therefore, you can work as:
Founder/CEO: As a founder or CEO, you’ll decide how to grow, change and manage your business. Further, you will also turn business ideas and hopes into reality. All responsibility for the launch, implementation, and performance of a new product or service rests with the
Product Owner: You will need to know a lot about the company’s industry, what its competitors offer, and how to add value to the product and the work of the product team. Further, you can beat the competition in any industry by combining digitization, people management, and business workflows.
Innovation Manager: Innovation managers are responsible for initiating, planning, and implementing change within businesses, just like change managers. On the other hand, innovative managers place greater emphasis on digital transformation.
Additionally, if you wish to check other MBA programs, please click here.
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Yes! An MBA in Innovation and Entrepreneurship is totally worth it. Further, you have many options to choose from post completion of the MBA. Furthermore, you can join a company or you can set up your own startup.
The salary depends and varies based on multiple factors such as the College/University, skill-set of the individual, location of job, company among other factors.
However, an estimate of the salary based on the institution you complete your MBA from is mentioned below
| Business School Tier | Average Salary Range (INR) |
|---|---|
| Tier 1 (Top B-schools like IIMs, ISB) | 20 – 30 lakhs or even higher for some roles/schools |
| Tier 2 (Well-known but not top-tier schools) | 10 – 20 lakhs |
| Tier 3 (Other B-schools) | 4 – 10 lakhs |
Furthermore, for Distance Learning or Online learning as well there are some top Universities available that offer MBA Innovation and Entrepreneurship. Further, the salary ranges from 6 lacs to 10 lacs for freshers after completion of MBA Innovation and Entrepreneurship.
Yes, if you don’t want to start your startup you can easily get a job. Further, an MBA in Entrepreneurship teaches students to run an entire business. So, students learn all aspects of a business. Thus, a person with an MBA in Entrepreneurship is considered very valuable in the job market.
The scope is huge in Entrepreneurship. If you have a business mind then you can also start your own startup. Further, India is now the startup capital of the world and has the second highest unicorns in the world after China.
Yes, entrepreneurship is a booming field, and most importantly after COVID-19 the increase in candidates have been doubled.
MBA in Innovation and Entrepreneurship is a specialized MBA course that focuses on developing innovators and entrepreneurs. Further, the MBA course prepares students to innovate whether they are at job or are working on their startups. Moreover, the MBA course covers beyond what a normal MBA course would. The MBA in Innovation and Entrepreneurship course emphasizes on entrepreneurial thinking, opportunity identification, leadership skills, and problem-solving skills.
For aspiring entrepreneurs, MBA in Innovation and Entrepreneurship is one of the best programs. Further, the MBA course covers key aspects of how to be a successful entrepreneur. The program covers topics such as entrepreneurial thinking, opportunity identification, leadership skills, and problem-solving skills. Furthermore, these skills are must-have skills for being a successful entrepreneur.
Whereas the package depends on multiple factors such as University, skill-set, geographic location, company among other factors, there is no limit to how much an entrepreneur can earn.
However, a professional can also pick a job after completion of their MBA in Entrepreneurship. Further, an estimation of the salary for freshers is mentioned below –
| Business School Tier | Average Salary Range (INR) |
|---|---|
| Tier 1 (Top IIMs, ISB) | 25 lakhs – 50 lakhs or more* |
| Tier 2 (Other well-known B-schools) | 12 lakhs – 25 lakhs |
| Tier 3 (Other MBA institutions) | 6 lakhs – 12 lakhs |
For candidates (0-3 years exp) from Distance Learning or Online learning, the salary ranges from anywhere between 6 lacs to 15 lacs.
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