Is it necessary to have family business for MBA in innovation and entrepreneurship? What is the scope of this course other than business?
Asked about Symbiosis Institute of Business Management, Symbiosis International, Pune - MBA in Innovation and Entrepreneurship
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2 Answers
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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. -
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 developme...more
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Under Symbiosis International (Deemed University), SIBM Noida offers scholarships to various eligible course students as financial assistance. The points below reflect the scholarships offered by SIBM Noida under SIU:
- Late Jayatee Deshmukh Scholarship (for SNAP/ SET Female Toppers)
- Merit Scholarship for IIT Graduates (Joining MBA programmes of SIU)
- Merit Scholarship Scheme for Students from North-East Region (NER)
Economically Backward Class (EBC) Scholarship for Girl Students from Adopted Villages. Before, it was known as the SCOPE Scholarship for Girl Students
Merit Scholarship for Semester / Annual Toppers - (Post Graduate & Under Gradua
In order to submit the SIBM Noida application form successfully, candidates are required pay INR 1,000 as the application fee for SNAP. An application is submitted successfully only after the fee payment. Candidates shall make the payment with a credit card/debit card or through net banking. The fee payment must be done on or before the application deadline.

SIBM Noida offers admission to candidates in MBA programmes based on their SNAP scores. Shortlisted aspirants have to further pass the PI round for final selection. Once all the selection rounds are over, the institute releases a merit list. Selected aspirants have to confirm their seat by paying the course fee.
There are a total of 60 seats for the MBA course at SIBM Noida. Candidates are admitted to the programme based on fulfilment of eligibility criteria and performance in the interview round. The seat allotment is done as per the sanctioned seat intake. Moreover, the institute may reserve seats for candidates belonging to SC/ST categories.
No, Symbiosis Institute of Business Management does not have the provison of direct admission. Candidates seeking admission must register for the Symbiosis National Aptitude Test (SNAP) for the MBA course. Based on the marks secured in SNAP, the institute will release a merit list of selected students to appear for the next round. Shortlisted candidates must appear for PI.
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