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The Post Graduate Diploma in Management (PGDM) in Business Entrepreneurship is a two-year full-time diploma program in business entrepreneurship. Future Entrepreneurs and entrepreneurs’ executives will benefit from this course. Entrepreneurship is starting, developing, and operating a new business that provides a process or service, a commodity for sale, or a service for hire s. The program is divided into core topics that address real-world business challenges with case research projects that span various firm sizes, phases, and foreign settings.
The minimum eligibility requirement for Indian candidates applying for enrollment in the curriculum is a three-year bachelor’s degree in any field of study or a four-year engineering/technology/medicine degree recognized by the UGC/ AIU/ AICTE with a 50 percent overall accumulated mark and 45 percent in the case of reserve category candidates. Students who are PIOs, NRIs, or foreign nationals are also qualified to apply. PIO/ NRI/ Foreign candidates must have earned a Bachelor’s degree in any subject recognized by the Association of Indian Universities with a minimum of 50% marks or an equivalent degree in any discipline recognized by the Association of Indian Universities (AIU).
Top Colleges offering PGDM in Business Analytics are:
In India, the university fees for this degree range from INR 1 to 10 Lacs. Candidates who successfully finish their program successfully can expect to earn an average annual salary of INR 3.85 Lacs.
Both Indian citizens and PIO/NRI/foreign applicants must meet distinct qualifying conditions. The following are the minimum eligibility requirements for individuals wishing to pursue the curriculum:
Eligibility for Indian Citizens
Eligibility for PIO/NRI/Foreign Students
Indian nationals and PIO/ NRI/ foreign applicants go through distinct admissions processes. Candidates from India are admitted on the basis of their performance in the qualifying examination, which is accompanied by a group discussion and a personal interview. The top entrance tests for admission to the program in India are as follows:
Admissions will be conducted only on the basis of GMAT results for PIOs, NRIs, and international students. Successful applicants will be contacted by the conference for a personal interview.
The table below demonstrates some of the course’s important features.
Course Level | Post Graduate Diploma |
Duration | 2 years |
Examination Type | Semester system/ Year wise |
Eligibility for Indian candidates | Completed three years University degree in any discipline or four years Engineering/ Technology/ Medicine/ other recognized by UGC/ AIU/ AICTE with 50% overall aggregate marks. |
Eligibility for PIO/ NRI/ Foreign candidates | Completed Bachelors’s degree with minimum 50% marks or equivalent qualification in any discipline recognized by AIU. |
Admission Process | Merit-Based/ Entrance Test |
Course Fees | INR 1 to 6 Lacs |
Average Starting Salary | INR 3.85 Lacs |
Top Recruiting Companies | Ava Merchandising, Avery Dennison, Bajaj Capital, Digital Upstarts, Flourish Purefoods P Ltd, Gandhi Fellowship initiative (Piramal Foundation of Education Leadership and Kaivalya Education Foundation), Gateway Group, GIAN (National Innovation Foundation), HDFC Bank, Jagdish Hirani & Associates, kWatt Solutions P Ltd, Matrix Cellular, Naukri.com, Oakrook Education Research Ltd, Purple Squirrel (IIT Bombay incubators), Ramana Group, Shyamal & Bhumika, Skylabs Solutions Ltd, SMC insurance, UASC, XL Dynamics, Yodlee Infotech P Ltd, UNHCR Project (Access Development Services), Saath NGO |
Job Positions | System Analyst, Assistant Manager, Chief Human Resources Officer, Finance Controller, Delivery Manager, Business Analyst |
Entrepreneurship is a program that teaches participants what an entrepreneur is and what entrepreneurship entails. It informs students about what an entrepreneur does as well as the inventions and technology that have been developed to aid in entrepreneurship activities.
Small company initiatives into culture enterprises, growth-focused businesses, profit-driven businesses, and even non-profits-oriented businesses are all possible. Participants will be active in brainstorming and developing new ideas and methods, as well as learning how to handle and combat the inherent uncertainties and dangers. Entrepreneurship is defined as the ability and commitment to manage, organize, and build a business initiative, as well as any risks associated with it, in order to profit. Any entrepreneur may have the following opportunities:
The course is aimed at giving students an in-depth knowledge of business formation, growth, and administration, as well as encouraging individuals’ thoughts, goals, and hands-on learning experiences. The major purpose of the course is to:
The curriculum includes two specializations: Family Business Management and New Company Development, as well as a variety of functional specializations in marketing, finance, human capital management, global business, information systems, and communication and language.
Participants in New Enterprise Formation will have a creditworthy Detailed Project Report (DPR) and learners in Family Business Management will have a Five-Year Business/Diversification Plan by the end of the course.
The following are the goals of this rapid, demanding, and implementation curriculum:
Aspiring young individuals who wish to attend a Postgraduate Diploma in Management in Entrepreneurship degree and do well both intellectually and in everyday life should acquire a number of qualities.
Communication: Ambitious management professionals must have excellent communication abilities. Management professionals should be able to communicate effectively in one-on-one, group discussions, organized crowds, email, and social media. For successful managers, attention is the most crucial component of communication.
Critical Planning: One of the most important abilities required of management students is critical planning. Critical planning is a methodical and rational way of thinking that focuses on analyzing key factors to be considered that will affect an industry’s, team’s, or person’s long-term success.
Leadership Skills: Having effective leadership abilities can help increase employee performance and foster professional development. Management professionals need to be able to set goals in order to keep their teams motivated. Leadership skills include consciousness, self-control, collective awareness, and interpersonal control.
The majority of the top institutions that offers this degree is shown in the table below:
Name of the Institute | City/ State | Average Fees |
---|---|---|
Entrepreneurship Development Institute of India (EDI) | Gandhinagar, Gujarat | 5, 25, 000 |
Madurai Kamaraj University | Madurai, Tamil Nadu | – |
Nirmala Niketan College of Home Science | Mumbai, Maharashtra | 2, 25, 000 |
Symbiosis International University | Pune, Maharashtra | 3, 00, 000 |
Times Business School | Ahmedabad, Gujarat | – |
Abhyudaya Degree College | Bangalore, Karnataka | – |
Amity Business School | Noida, Uttar Pradesh | 5, 18, 000 |
Bharathiar University | Coimbatore, Tamil Nadu | – |
DBU Global | Gurgaon, Haryana | 96, 000 |
DY Patil University | Mumbai, Maharashtra | 3, 00, 000 |
GD Goenka University | Gurgaon, Haryana | 1, 97, 500 |
Institute of Management and Technical Studies | Noida, Uttar Pradesh | – |
Oscar Business School | Vellore, Tamil Nadu | – |
Sangam University | Bhilwara, Rajasthan | 45000 |
Sri Sri University | Cuttack, Orrisa | 1, 65, 000 |
The curriculum is divided into six trimesters and is spread out over a two-year period. Besides a summer internship that begins at the conclusion of the first year, it includes core subjects, electives, seminar courses, and projects. The semester-by-semester syllabus is shown in the table below:
Trimester I | Trimester II | Trimester III |
---|---|---|
Entrepreneurship Theory & Practice | Entrepreneurial Lab | Creativity, Innovation, and Entrepreneurship |
Managerial Accounting & Control | Financial Management – I | Doing Business with Government and Public Sector |
Business Economics | Human Resource Management | Financial Management – II |
Management Concepts and Organization Behaviour | Managerial Accounting & Control – II | Enterprise Information System |
Marketing: A Prime for Entrepreneurs | Quantitative Techniques | Operations Management |
Written Analysis and Communication | Entrepreneurial Marketing | Legal Aspects of Business |
Exploring Business Opportunities | Indian Economy – Government Policy and SMEs | Understanding Family Business |
Research Methodology | Communication Skills for Entrepreneurial Leadership | Operations Research |
– | Industry Verticals | Industry Verticals |
Trimester IV | Trimester V | Trimester VI |
Strategic Management | Project/ Growth Feasibility | Project/ Growth Feasibility |
Business Taxations | Stream Electives | Pitching and Venture Funding |
Entrepreneurial Effectiveness | Functional Electives | Functional Electives |
Stream Electives | – | – |
Candidates can find work in a variety of reputable enterprises, or they can start their own business or join their family’s. Aspirants might also pursue a job in the area of entrepreneurial development research. Entrepreneurship is a type of vocation. A person who aspires to begin a career in the government-industry can have a high level of job satisfaction. The minimum annual salary ranges from INR 3.00 lakhs to INR 5.00 lakhs. Significant Career Prospects What you should know is this:
Here’s a quick breakdown of work responsibilities in PGDM in Business Entrepreneurship:
1. Marketing Manager:
In any firm, a Marketing Manager is a typical position. A job’s purpose directs relationships between the organization and the customer/industry. To enhance profit and keep consumers delighted, the sales staff forecasts demand products, services, or brands utilizing information from market analysis. Recruiting and training new recruits of the marketing team are among the tasks of a manager. The average annual compensation for this position is INR 8.00 lakhs.
2. Business Consultant:
A Business Consultant is a specialized professional function. This person is expected to identify client problems and work in a dynamic manner to solve crucial issues for clients, including assessing financial statements, evaluating rivals, analyzing company processes, and designing new business opportunities, and delivering them to customers. The average annual compensation for this position is INR 9.25 lakhs.
3. Financial Analyst:
A Financial Analyst is in charge of a company’s financial planning and analysis, as well as validating data from potential customers in order to make commercial judgments. It is the process of analyzing data from the financial statements, income statements, and cash-flow statements by examining company processes. Also, looking into various investing options. The starting compensation for this position is INR 4.5 lakhs per year.
4. Business Reporter:
A Business Reporter is a type of specialist who works in a specific industry. It operates under the premise of compiling an analysis of current events with the primary purpose of keeping the public informed. Reporters are in charge of presenting updates in order to produce innovative solutions for composing news, giving them a unique grasp of how businesses operate, as well as procuring supplies and other business-related responsibilities. The average annual compensation for this position is INR 3.5 lakhs.
5. Office Administration:
On a daily basis, and Office (or) Business Administrative worker must do a number of responsibilities. They work with necessary agencies to plan itineraries and organize events for corporate directors and employees. Maintain proper records of employee vacation requests by interacting with directors and carrying out their instructions. The starting compensation for this position is INR 3.00 lakhs per year.
6. Accounting / Sales manager:
The Accounting Manager is in charge of keeping track of all day-to-day commercial transactions as well as managing the staff to ensure that work is correctly allocated and done on time. Maintain, update, and monitor inventory data to ensure the audit is completed on time. A sales manager is responsible for maintaining a positive relationship with clients and promptly responding to their inquiries. The average annual compensation for this position is INR 6.00 lakhs.
Job Position | Job Description | Average Annual Pay Scale in INR |
---|---|---|
Business Analyst | Business analysts assist firms in analyzing and improving their operations and activities in order to boost production. | 5, 84, 753 |
Assistant Manager | By supervising staff and providing customer service, the Assistant Manager ensures that the organization runs smoothly. | 5, 81, 461 |
Finance Controller | They assist in the preparation of financial reports, the maintenance of accounting records, the control and creation of budgets to limit risk, and so on. | 6, 95, 381 |
System Analyst | System analysts choose and configure hardware and software to design and produce new systems. | 6, 02, 094 |
The field of entrepreneurship encompasses a wide range of possibilities. Learners can consider beginning their own business after completing this course. Entrepreneurship has a huge potential not only in India but also internationally.
When it comes to our millennial population, they are more concerned with starting their own business than with working for someone else. The new start-ups that we are seeing presently have a lot to do with these new youthful minds.
They pick up new ideas and knowledge for running a firm.
They can also work for a large company before beginning their own to obtain expertise with how a company operates, its funding sources, its various departments, and so on.
In the sphere of entrepreneurship, several new trends are emerging. Entrepreneurs are attempting to capitalize on these new trends in order to increase earnings and reduce losses.
The present economic, social, and political culture is taught in the entrepreneurship course. They have a good understanding of how to make room for small businesses.
They encourage pupils to think innovatively and put their creative abilities to the test. Shifting their perspective on current events, allowing them to see how creative they are, and encouraging them to innovate. They also get knowledge of the obstacles and opportunities that come with launching a small business. Learning about the foundation and summary of the whole Entrepreneurship program. They will learn how to obtain finance from business enterprises as well as how to maintain the support of these individuals and also the customers who will use their items.
Entrepreneurs work for themselves by developing start-up strategies, but they also want to learn how a business gets off the ground and takes off. For these entrepreneurial grads, starting out at a company makes a lot of sense. The following are some of the top businesses that are trying to hire entrepreneurship graduates:
Venture Storm
LinkedIn
Angel List
Talent Dash
Gravity Idea
Zoho
Amazon
Airtel
Vodafone
Whirlpool
Snapdeal
For Indian citizens, applicants must meet distinct qualifying conditions. The following are the minimum eligibility requirements for individuals wishing to pursue the curriculum:
Eligibility for Indian Citizens To be qualified for the program, you must have finished a three-year bachelor’s degree in any discipline or four-year engineering, technology, or a medical degree recognized by the UGC/ AIU/ AICTE. Candidates must receive a 50 percent total overall score and a 45 percent score if they are in the reserved group. Students who are keen on the curriculum but are still in the last year of their university degree examinations are also capable of applying. Students who have completed or are scheduled to take a graduation exam from a relevant university are also qualified to participate.
The eligibility criteria for foreign students are given below:
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