Entrepreneurship as a Career: Courses, Scope & Opportunities

Are you thinking of starting a business on your own? If yes, you have probably heard about an Entrepreneur! 

An Entrepreneur is a person who starts a business by introducing a new idea, product or service with the primary objective of creating value and generating profits.

As an Entrepreneur, your role is to implement an idea and make it happen. This requires planning, organizing resources and executing strategies to bring the concept to life.

In this article, we will discuss the career & scope in Entrepreneurship, courses, admission process and top colleges.

Career in Entrepreneurship

Entrepreneurship is the activity or process of setting up a business or business with the sole objective of earning profits/revenue by taking financial risks. For example – like a startup company offering a product or service.

To start a business, you have to prepare yourself financially and emotionally. Your passion for your product/service and tolerance for risk are the major points that will help you in running a successful business.

An entrepreneur starts his journey with an idea or an opportunity and develop an innovative solution to address the real world problems. The whole ideas of Entrepreneurship is to build a business that create value for the society and at the same time provide jobs to the people.

The best things about becoming an entrepreneur is that you can start whenever you want, whenever you feel their is a need of a product or a service and

To start a career in these field, candidates don’t necessarily need a degree or diploma, but having having a innovative mindset and a problem solving attitude. But having said that, a degree or a diploma in Entrepreneurship, MBA or practical working experience do helps a lot.

The biggest upside of being an entrepreneur, is the potential for high earnings if the business succeeds.

Scope of Entrepreneurship

There are lots of scope in the field of entrepreneurship. After completing your degree, you may open your own business. The scope of Entrepreneurship in India or in abroad is tremendous.

In the past decade, the trend of fresh college graduates starting their own businesses has led to the rise of numerous startups across the country. By pursuing courses in entrepreneurship, you can learn effective techniques to successfully manage and grow your business.

Courses in Entrepreneurship

Candidates can pursue entrepreneurship courses after 12th or graduation. These courses are offered by various universities and b-schools, designed to equip students with the skills and knowledge required to start, manage, and grow a business or venture.

There are many courses available to pursue in the field of Entrepreneurship. You can choose from the diploma, certificate, undergraduate and postgraduate programmes in this field.

Also Check: Courses After 12th Commerce

Diploma Courses

• Diploma in Entrepreneurship
• Post Graduate Diploma in Entrepreneurial Management

Undergraduate Courses in Entrepreneurship

• Bachelor of Business Administration (BBA) in Entrepreneurship
• Bachelor of Commerce (B.Com) in Entrepreneurship
• Bachelor of Science (B.Sc) in Innovation and Entrepreneurship
• Bachelor of Arts (B.A) in Entrepreneurial Studies

Postgraduate Courses in Entrepreneurship

• Master of Business Administration (MBA) in Entrepreneurship
• Master of Commerce (M.Com) in Innovation and Entrepreneurship
• Master of Business Administration (MBA) in Family Business & Entrepreneurship
• Master of Science (M.Sc) in Entrepreneurship and Innovation

Many universities and ed-tech platform also offer online course in entrepreneurship. Some of the popular courses are listed below:

Certificate Courses in Entrepreneurship

• Certificate course in Women Entrepreneurs
• Certificate in Entrepreneurship Management
• Certificate course in Entrepreneurship and business

Skills Required

• Problem-solving skills
• Leadership Qualities
• Better understanding of business & market economics
• Teamwork and networking skills
• Creativity
• Good Communication Skills
• Self-confidence
• Risk-taking ability

Eligibility Criteria

Candidates interested in pursuing UG or PG courses in Entrepreneurship, must meet the below mention eligibility norms:

For Undergraduate Courses: To start with the undergraduate course, you can get admission after 12^th or Higher Secondary degree from any recognized institution.

Candidates must qualify national level or any university specific entrance exams like CUET UG or Manipal MET etc.

For Postgraduate Courses: For admissions in master courses, you should have completed your bachelor’s degree in the related field from any recognized university or college.

Admission Process

Looking for admission in these courses?…… Here, let us explain you about admission procedure in these courses.

Admission in UG courses, mostly given on the basis of qualifying entrance exams like CUET UG or marks scored by the students at 10+2 level.

For admissions in PG courses, candidates shall qualify entrance exams like CAT, MAT or CUET PG. Some of the entrance tests for admission in MBA or MA Entrepreneurship courses are mentioned here:

• CUET UG 2025
• CAT 2025
• MAT 2025
• XAT 2025
• CMAT 2025
• GMAT 2025

Top Colleges in India

Some of the best colleges to pursue courses in entrepreneurship are mentioned here:

• IIM Ahmedabad
• IIM Bangalore
• IIM Calcutta
• Indian School of Business (ISB), Hyderabad and Mohali
• XLRI – Xavier School of Management, Jamshedpur
• Symbiosis Institute of Business Management (SIBM), Pune
• SP Jain School of Global Management, Mumbai
• Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
• Entrepreneurship Development Institute of India (EDII), Gandhinagar
• IIT Delhi
• IIT Bombay
• Tata Institute of Social Sciences (TISS), Mumbai
• Christ University, Bangalore
• Siksha `O` Anusandhan

Career Opportunities

“In this field, you will have plenty of career options to choose from.”

Degree in entrepreneurship provides you a foundation in management, finance and business operations.

Entrepreneurship emerges as a favourite career option for the Indian students. There are many industries like internet & IT, media or engineering where you can find opportunities in abundance.

Entrepreneurship as a profession gives a great sense of independence & remarkable amount of job satisfaction.

Today, more & more young people are pursuing entrepreneurship as a career option.

As an entrepreneur, you can start your own business. However, if you’re not ready to launch your venture, there are numerous other opportunities to make use of your entrepreneurship degree.

Candidates can work as a business consultant in various government and private companies. You can also perform teaching jobs at colleges and universities.

Some of the working areas of entrepreneur are:

• Startup Founder
• Small Business Owners
• Business Consultants
• Business Reporters
• Fundraisers and Development Officers
• Sales Managers
• New Venture Developers

There are various business and job opportunities for the students who have completed their degree in entrepreneurship. Apart from running their own business, graduates can also employed in the following job roles:

• Business development manager
• Sales Manager
• Business Consultant
• Financial Analyst
• Marketing Manager
• product manager
• Venture Capital Analyst
• Corporate Strategist
• Social Entrepreneur
• Fundraising Specialist

Salary

How much salaries you can expect with a degree in entrepreneurship?

As a business owner the earning potential being an entrepreneur is unlimited. Many successful entrepreneurs able to scale their business to a 8 figure number very quickly. This depends on your hard work, education and experience in the working field etc.

Candidates with a degree of MBA (Entrepreneurship) can start their career with 5-8 lakhs per annum. The salary also depend on the other factors like the graduating college, company, location and job role offered.

Some of the top recruiters for candidate with an MBA degree are:

Top Recruiters

• McKinsey & Company
• Boston Consulting Group (BCG)
• Bain & Company
• Accenture
• Deloitte
• Sequoia Capital
• Accel Partners
• Tiger Global Management
• Goldman Sachs
• J.P. Morgan
• Morgan Stanley
• HDFC Bank

Books & Study Materials

Here, we have listed some good books to study for entrepreneurship:

• The 4-Hour Workweek by Timothy Ferriss
• The Fire Starter Sessions by Danielle LaPorte
• The $100 Startup by Chris Guillebeau
• Finding Your Way in a Wild New World by Martha Beck
• The Lean Startup by Eric Ries
• Entrepreneur: A Beginners Guide to Entrepreneurship by Brad Jones
• Think like an Entrepreneur, Act like a CEO by Beverly E. Jones
• The FINTECH Books by Susanne Chishti and Janos Barberis
• The Business Book (Big Ideas) by DK

For any other queries regarding Career in Entrepreneurship, feel free to leave your queries below.