MBA in Entrepreneurship Graduates are equipped with the abilities, know-how, and network necessary to pursue entrepreneurial endeavors. The job profiles at which MBA in Entrepreneurship graduates can work at entry level include Product Managers and Business Development Associates. They can earn an average salary ranging from INR 5 lakh to INR 12 lakh at the start.
However, the positions at the mid-senior level can be Startup Founder, Director, or Venture Capital Associate with pay ranging from INR 13 lakh to INR 20 lakh. At the senior level, they can earn a salary ranging from INR 20 lakh to INR 40 lakh at job profiles like Director or Vice President of a startup and so on.
MBA in Entrepreneurship graduates are employed in a variety of industries, including automobiles, advertising, agriculture, banking, small and medium firm management, information technology, hospitality, fashion management, and so on. The top recruiters for MSW students include the names of Deloitte, Google, Apple, Amazon, JP Morgan, etc.
MBA in Entrepreneurship Career: Quick Facts
- In recent years, 5.7% of entrepreneurs held an MBA before starting their company, reflecting a 45% increase since 2010.
- Business and financial occupations are projected to grow by 7% between 2021 and 2031.
- 10% of MBA graduates become self-employed entrepreneurs.
Top Career Profiles in MBA in Entrepreneurship
Entrepreneurship is an emerging career among the people with more and more youngsters inclined toward starting their own business. They can choose to either become an entrepreneur or join a company at a higher position. Candidates can have a look at the table below to see the job profiles with details and average salary.
| Job Profile |
Description |
Average Salary (in INR) |
| Marketing Manager |
A Marketing Manager is a professional responsible for planning, executing, and overseeing marketing strategies and campaigns to promote a company's products, services, or brand. |
INR 2.4 - 25 LPA |
| Product Manager |
A product manager is someone who oversees the development and management of a product throughout its lifecycle. |
INR 5.7 - 38.1 LPA |
| Finance Manager |
A finance manager is a professional responsible for overseeing the financial health of an organization. |
INR 3.5 - 33 LPA |
| Business Analyst |
A Business Analyst is a professional who works within an organization to analyze, understand, and document the business processes and systems. |
INR 3 - 17 LPA |
| Operations Manager |
An Operations Manager is responsible for overseeing the production of goods and/or services within an organization. |
INR 3 - 21 LPA |
| HR Manager |
An HR Manager, or Human Resources Manager, is a professional responsible for overseeing the human resources department within an organization. |
INR 2.9 - 19 LPA |
| CEO |
A CEO is the top executive in a company responsible for making major corporate decisions, managing overall operations, and leading the organization toward its strategic goals. |
INR 15 LPA - 1 Cr. |
| Department Manager |
A Department Manager is a professional responsible for overseeing the operations, activities, and staff within a specific department of a company or organization. |
INR 2.5 - 18.9 LPA |
| Project Manager |
Project managers are professionals responsible for overseeing the planning, execution, and completion of projects within an organization. |
INR 4.3 - 30 LPA |
| Sales Manager |
A Sales Manager is a professional responsible for leading and managing a team of sales representatives or a sales department within an organization. |
INR 2.2 - 16 LPA |
Note: The average salary has been taken from Ambitionbox.com.
Helpful Links for MBA in Entrepreneurship:
Careers in MBA
Specialisation Wise Salary for MBA Entrepreneurship Graduates in India
The salary offered to MBA in Entrepreneurship graduates also varies as per the specialization chosen during graduation. The salaries shared below reflect not only the specialization, but also other factors such as company size, experience, industry, and location.
Note: The salary data has been sourced from external links.
Emerging Trends in MBA in Entrepreneurship
Emerging trends in MBA in Entrepreneurship programs reflect the evolving landscape of business and the skills required to succeed in today’s market.
Candidates can see the following trends that they can witness in their career after pursuing an MBA Entrepreneurship:
- Digital Transformation: Increased focus on digital tools and technologies, including data analytics, AI, and automation, to prepare students for a tech-driven business environment.
- Sustainability and Corporate Social Responsibility (CSR): Growing emphasis on sustainable business practices and ethical decision-making, with courses dedicated to environmental impact and social responsibility.
- Soft Skills Development: Emphasis on leadership, communication, and teamwork skills, recognizing their importance in effective management and collaboration.
- Financial Technology (FinTech): Growing integration of financial technology topics in finance courses, preparing students for careers in this rapidly evolving sector.
MBA in Entrepreneurship Scope in India: Jobs, Salary, and Further Education
MBA in Entrepreneurship graduates have immense opportunities in the government and private sectors which are well-paying opportunities and cater to the career plans of the candidates.
Some of the common industries in which MBA graduates can find employment on the basis of popular cities are mentioned in the table below:
| Sector |
Description |
| Healthcare |
The scope of the Healthcare industry is rising constantly. The student will be in charge of managerial duties in a hospital, pharmaceutical firm, or other healthcare organization. |
| Automobile |
Deals with designing, manufacturing, mechanical mechanisms as well operations of automobiles. |
| Food and Beverage |
In the Food and Beverage Service industry aspirants can work in restaurants, hotels, food stalls, etc. |
| Marketing |
Deals with marketing and promoting a product for increased sales and revenue |
Note: The information is taken from external sites and may vary.
Courses after MBA Entrepreneurship
After completing an MBA in Entrepreneurship, graduates have several options for further education to enhance their skills and career prospects. These courses can enhance knowledge, skills, and career opportunities in various fields after an Entrepreneurship MBA.
Here are some popular courses with descriptions:
|
Courses
|
Description
|
|
Chartered Financial Analyst (CFA)
|
A professional credential focused on investment management and financial analysis, ideal for careers in finance and investment banking.
|
| PH.D in Business or Entrepreneurship |
It is a Doctorate Course that focuses on advanced studies and research in the field of Business. |
| PH.D in Management |
A Doctorate Degree that offers an extensive exploration of Business Management and administration |
Top Recruiters for MBA Entrepreneurship Graduates
MBA Entrepreneurship people can work in various industries such as automobiles, marketing, agriculture, banking, construction, insurance, mining, etc. Students can see the table below to know the industries where MBA graduates can find employment.
| Top Employment Areas for MBA Entrepreneurship Graduates |
| Healthcare |
Automobiles |
| Banking |
Insurance |
| Private Companies |
Food and Beverages |
Industry Wise Top Recruiters for MBA Entrepreneurship Graduates
The various recruiters based on specializations hire MBA graduates through placement drives conducted in top colleges. The various recruiters based on specialization pursued in MBA include the following:
| Healthcare Recruiters |
| Apollo |
Fortis |
Medanta |
| Piramal |
Sun Pharma |
Cipla |
| Banking Recruiters |
| HDFC |
ICICI |
American Express |
| Mastercard |
Square |
Paytm |
| Automobile Recruiters |
| Tesla |
Ford |
Mahindra |
| Maruti |
BMW |
Hero |
| Food and Beverage Recruiters |
| Coca-Cola |
Nestle |
Amul |
| Gyan |
ITC Foods |
Hindustan Unilever |
| Private Organisations |
| Amazon |
Google |
Infosys
|
|
Zomato
|
Flipkart
|
Wipro
|
Top MBA Entrepreneurship Colleges for Placements
A number of management colleges are popular for their placement opportunities and the high range of domestic and international packages offered to the candidates. These colleges not only provide placement opportunities but also ensure good placements for the students.
Some of the top colleges and their placement report for 2024 are given in the table below:
Note: The information is sourced from the official/counseling body and may vary.
FAQs About MBA Entrepreneurship Jobs
Q. What are Job Opportunities after completing MBA in Entrepreneurship?
A. Graduates of MBA Entrepreneurship have a special combination of business expertise, entrepreneurial abilities, and creative thinking that may be used in a variety of professions.
Many MBA entrepreneurs decide to launch their own companies. They collaborate closely with cross-functional teams to make sure the product satisfies customer demands and business goals. Some business owners also opt to open franchises and operate well-known brands companies with the help of franchisors.
Q. How to start a career after MBA Entrepreneurship?
A. After course is completed you have the option to start your own business or you can work as intrapreneur. If you want to make your skills better then you should go for certificates.
Q. What is Entrepreneurship?
A. Entrepreneurship is a multi-skilled, multifaceted sector. If used properly, entrepreneurship can lead to significant growth, making one wealthy and well-known. Entrepreneurship is not for those who cannot survive without money.
For months or perhaps years, there is no assurance that profits will be predictable. Conceptualising, starting, and operating a business enterprise to offer goods and services, create jobs, generate income, and support the national economy are all considered to be aspects of entrepreneurship.
Also Read: Top 10 MBA in Entrepreneurship Institutes in India
Q. What is MBA Entrepreneurship salary in India?
A. MBA Entrepreneurship graduates can work at the below-mentioned job profiles:
| Careers in Entrepreneurship |
| Startup Founder |
Business Coach or Mentor |
| Social Entrepreneurship |
Innovation Manager |
| Venture Capitalist |
Business Consultant |
| Angel Investor |
Entrepreneurial Educator |
Q. What is MBA Entrepreneurship salaries?
A: Salaries for an MBA in Entrepreneurship are:
- Entry level Entrepreneur: INR 4-6 lakh
- After experience: Over 20 lakh
Q. Is field of Entrepreneurship challenging?
A. Yes one can say that the Entrepreneurship is very hard. Starting any business is always tough because it is not established in the market and every day may be counted as last. The environment usually is very tense with the financial risk involved in every step. The business is in child state so one needs to nurture it in a very delicate way for it to stand in the market and prove its mark.
Q. Can I become CEO after MBA in Entrepreneurship?
A. Yes, MBA Entrepreneurship graduates can work as CEOs. However, becoming a CEO often requires a combination of elements, including your credentials, experience, skills, and professional advancement, especially in a big and well-established company. People who have experience of their own business also have a great scope to work at this position.
Q. What the basic concepts of Entrepreneurship?
A. Some of the key concepts related to Entrepreneurship are:
- Opportunity
- Innovation
- Market Analysis
- Business Plan
Q. What are the average salary of an MBA Entrepreneurship graduate according to their job position?
A. MBA Entrepreneurship is a specialized Master of Business Administration (MBA) programme created for people who wish to start, run, or build their own enterprises or who want to pursue entrepreneurship as a career. If a business takes off, an MBA Entrepreneurship graduate can earn a good income. The salary after MBA Entrepreneurship can range between INR 5 lakh to 40 lakh and above depending upon the success of a business.
The table below hints at the employment positions for MBA Entrepreneurship graduates:
|
Job Position
|
Average CTC
|
|
Product Manager
|
INR 10 LPA- INR 12 LPA
|
|
Business Development Associate
|
INR 8 LPA- INR 20 LPA
|
|
Venture Capital Associate
|
INR 15 LPA- INR 25 LPA
|
|
Startup Founder
|
The income of Startup Founder Varies as per business
|
Note: The salary data has been sourced from external links.
Q. How to Start a Career After MBA Entrepreneurship?
A. Utilising your expertise, networking, acquiring real-world experience, and actively seeking out business possibilities are all necessary when beginning a job after earning an MBA in Entrepreneurship. Students can see the below points that can help them in shaping their careers:
- Identify Your Strengths and Weaknesses: Candidates need to identify their strengths and weaknesses, if they wish to start their own business or start-up. As they will be their own boss, they need to know their plus and minus points both.
- Develop a Business Idea: If you have a company idea, develop it based on customer and market research.
Q. Which are the Indian Cities to Get Lucrative Jobs After MBA Entrepreneurship?
A. Most top-tier cities offer vibrant job markets for MSW graduates. As MSW jobs in India include a wide range of industries and provide extensive learning opportunities, students can find employment and career progression in cities like
|
City
|
Job Opportunities
|
Average Annual Salary (in INR)
|
|
Delhi
|
Healthcare institutions, Banking, Automobile, Private Organisations
|
INR 4 lakh- INR 6 lakh
|
|
Mumbai
|
Food and Beverage, Healthcare, Private Organisations
|
INR 6 lakh - INR 10 lakh
|
|
Pune
|
Healthcare, Automobile, Educational Institutions
|
INR 5 lakh- INR 8 lakh
|
|
Hyderabad
|
Opportunities in Healthcare, and Private Organisations
|
INR 6.5 lakh- INR 9 lakh
|
|
Bangalore
|
Healthcare,Automobile, Food and Beverage, Banking
|
INR 8 lakh- INR 9.5 lakh
|
|
Chennai
|
Education, Healthcare, Marketing
|
INR 5.5 lakh- INR 8.5 lakh
|
|
Chandigarh
|
Automobile, Healthcare, Insurance
|
INR 4.5 lakh- INR 6.5 lakh
|
|
Kolkata
|
Private companies, Education, and Marketing
|
INR 3.5 lakh- INR 5 lakh
|
|
Ahmedabad
|
Healthcare, Automobile, Educational Institutions
|
INR 3.5 lakh- INR 4.5 lakh
|
|
Jaipur
|
Healthcare, Banking, Automobile, Private Organisations
|
INR 4.5 lakh- INR 6.5 lakh
|
Q. What are the salary range of MBA in Entrepreneurship graduate in Abroad?
A. MBA Entrepreneurship graduates can seek exciting job opportunities in popular job destinations such as UK, USA, Canada, Australia, Germany, New Zealand. etc. The salary depends on various factors such as cost of living, location of the country, specialisation, years of experience, industry, etc. The salary ranges of the following countries are given in the table below.
Here entry level refers to 0-3 years experience, Mid and Senior levels denote 3-7 years and 7+ years experience respectively.
|
Country
|
Salary Offered
|
|
USA
|
Entry-Level : $60,000 - $120,000 or more Mid-Level: $100,000 - $200,000 or more Senior-Level: $150,000 - $300,000 or more
|
|
United Kingdom
|
Entry-Level: £30,000 - £60,000 or more Mid-Level : £50,000 - £100,000 or more Senior-Level: £80,000 - £150,000 or more
|
|
Canada
|
Entry-Level: CAD 60,000 - CAD 120,000 or more Mid-Level: CAD 90,000 - CAD 150,000 or more Senior-Level: CAD 120,000 - CAD 200,000 or more
|
|
Germany
|
Entry-Level: €45,000 - €80,000 or more Mid-Level: €70,000 - €120,000 or more Senior-Level: €100,000 - €200,000 or more
|
|
Australia
|
Entry-Level: AUD 70,000 - AUD 120,000 or more Mid-Level: AUD 100,000 - AUD 180,000 or more Senior-Level: AUD 150,000 - AUD 300,000 or more
|
Disclaimer: The above salary data has been obtained from external sites.
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