August 28, 2024

MBA in Entrepreneurship: Admission 2024, Eligibility, Fees, Syllabus

The world around us is not just moving rapidly but evolving too, thus creating paths for new opportunities with every passing moment. For someone who’s interested in business and has exceptional innovation skills, an MBA in Entrepreneurship is the best course to pursue.
It provides the students with the tools, skills, and knowledge necessary to manage a business.

MIT ID Innovation is one of the leading institutions for top-notch MBA education in India. The university offers a specialized MBA in Entrepreneurship that focuses on nurturing future business leaders and innovators.

If you are interested in pursuing an MBA in Entrepreneurship from MIT ID Innovation, keep reading the blog as we discuss details on admission for 2024, eligibility criteria, fees, and the syllabus.

Admission 2024: How to Apply

Admission to the MBA in Entrepreneurship program at MIT ID Innovation is highly competitive. The application process for the 2024 intake is designed to identify candidates with a strong entrepreneurial mindset, creativity, and a commitment to making a difference.

Application Process

1. Online Application:

Students can begin the application process by filling out the MIT ID-DAT application form on the website. Ensure that all required documents, such as academic transcripts, letters of recommendation, and more, are submitted alongside the application.

2. Entrance Exam:

Applicants are required to appear for the MIT-DAT (Design Aptitude Test)/CAT/MAT/XAT/CEED examination. The exam is designed to evaluate a student’s academic potential for the course.

3. Task Submission:

Shortlisted students will be required to submit a Statement of Purpose (SOP) and an essay before the interview round.

4. Personal Interview:

Shortlisted candidates are invited for a personal interview, where they have the opportunity to discuss their ideas, ambitions, and how the MBA program aligns with their career goals. The interview panel looks for candidates who demonstrate leadership potential, a passion for innovation, and the ability to think critically.

Check out the Career Opportunities and Industry Trends with an MBA in Entrepreneurship

Eligibility Criteria: Are you eligible?

To apply for the MBA in Entrepreneurship program at MIT ID Innovation, candidates must meet the following eligibility criteria:

1. Educational Qualifications:

Applicants must hold a bachelor’s degree in any discipline from a recognized university. While there is no specific requirement for the field of study, a background in business, design, engineering, or technology may be advantageous.

2. Work experience (preferred but not mandatory):

While fresh graduates are welcome to apply, having relevant work experience (typically 1-3 years) can be beneficial. Candidates with prior experience in entrepreneurship, startups, or innovation-driven roles are particularly encouraged to apply.

3. Entrance Exam:

As mentioned earlier, candidates must appear for and qualify for the MITID-DAT. The test is designed to assess a range of skills and aptitudes necessary for success in the MBA program.

4. Language Proficiency:

Proficiency in English is required, as the program is conducted in English. Candidates may need to provide proof of English language proficiency through tests like IELTS or TOEFL if they have not completed their previous education in English.

Fees: Investment for a Bright Future

Pursuing an MBA is a significant financial investment. The fee structure for the MBA in Entrepreneurship at MIT ID Innovation is designed to be competitive while ensuring the highest quality of education and resources.

Tuition Fees:

The total fee for the MBA in Entrepreneurship program is approximately INR 12 lakh for the entire duration of the course. This amount covers tuition, access to state-of-the-art facilities, and other academic resources.

Syllabus: What Will You Learn?

The MBA in Entrepreneurship program at MIT ID Innovation is designed to equip students with the knowledge and skills necessary to succeed as entrepreneurs. The curriculum is a blend of theoretical knowledge, practical experience, and hands-on projects, ensuring that students graduate with a deep understanding of both the challenges and opportunities in entrepreneurship.

Core Subjects:

1. Entrepreneurship and Innovation:
This course covers the fundamentals of entrepreneurship, including opportunity recognition, business model development, and innovation management.

2. Design Thinking:
Students learn how to apply design thinking principles to solve complex business problems and create user-centered solutions.

3. Business Strategy and Planning:
This subject focuses on strategic planning, competitive analysis, and the development of sustainable business strategies.

4. Financial Management for Entrepreneurs:
Students gain an understanding of financial principles, including budgeting, funding, valuation, and financial risk management specific to startups.

5. Marketing for Startups:
This course covers marketing strategies tailored to new ventures, including digital marketing, customer acquisition, and brand building.

Conclusion:

MBA in Entrepreneurship at MIT ID Innovation is more than just a degree; it is a transformative journey that equips students with the tools to innovate, lead, and create successful ventures. Whether you aim to start your own business, drive innovation within an existing company, or contribute to the entrepreneurial ecosystem, this program provides the knowledge, network, and resources to help you achieve your goals.