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.
What are the specalisations offered in MBA course at Centre for Liberal and Advanced Studies, SAGE University Bhopal?