Is it necessary to have family business for MBA in innovation and entrepreneurship? What is the scope of this course other than business?

Hi Ruchita, It is not necessary to have a family business for joining this course. This course caters towards potential entrepreneurs and students interested in running their own business. The ultimate goal is to help students build a startup or run an existing business while incorporating innovation in any form.

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No, it is not necessary to have a family Business. Entrepreneurship is the act of being an entrepreneur, the latter being someone one with innovation, and financial and business acumen, transforms innovations into economically beneficial goods/ services. The program has been designed to prepare eligible candidates to: Start their own business. Distinguishing, identifying, analyzing and evaluating worldwide and local businesses. Environmentally assess new ventures. Create new independent business ventures. Create new ventures inside existing firms. Develop moral and social duties for entrepreneurship. Develop creativity and understand development. Develop effective business project Understand entrepreneurial concepts such as: Marketing strategy Financial planning Sources of capital Financing, legal problems related to beginning and operating a business. Family-owned businesses Valuation Succession Entrepreneurial opportunities for women and minority entrepreneurs. MBA in Entrepreneurship postgraduates can be hired incapacity such as System Analyst, Assistant Manager, Chief Human Resource Manager, Finance Controller, etc. They can also open their own venture after completion of this course. Successful postgraduates of the course in India earn an average annual starting salary I am enlisting some Top notch institutes for BBA IIM-Indore, Shri Narsee Monjee College of Commerce and Economics, K. J Somaiya Mumbai, Lovely Professional University, Punjab, Delhi University, Christ University, Bangalore, MS Ramaiah University, Bangalore, Madras Christian College, Chennai, Mount Carmel College, Bangalore, Mumbai, Wilson College, Mumbai, Lala Lajpat Rai College of Communication & Economics, Mumbai.

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