Online MBA in Leadership and Entrepreneurship is a 2-year postgraduate program in which students get to learn about leading and managing the business industry. It focuses on strategy-making, innovation, and leadership-related quality development. Aim to help in advancing in their career or to start their own business.
The Universities that offer Online MBA in Leadership and Entrepreneurship courses have been monitored, and regulated, and all the standards maintained by a government body named “University Grants Commission (UGC)” under the Department of Higher Education, Ministry of Education, Government of India, which is set up in accordance to the UGC Act 1956 having an autonomous institute “The National Assessment and Accreditation Council (NAAC)” established in 1994 which access and accredit these “Higher Education Institute (HEIs)” and, mandate quality and standards.
With developing technology and necessity there is an upgradation in the Education system for society’s betterment, mainly after Covid-19, Online Course grabs attention and its demand leads many top universities in India to offer Online MBA in Leadership and Entrepreneurship courses which makes it easy for working professional and remote students to seek MBA degree with the help of technology and an Internet connection in affordable cost.
History of Online MBA in Entrepreneurship and Leadership
In early 20th Century, the concept of the MBA started in the United States in the early twentieth century, with the primary graduate business school mounted at the Tuck School of Business at Dartmouth College in 1900. Initially, MBA programs had been more widely targeted at management and management skills, getting ready college students for roles in various company settings. In the late twentieth Century, the latter half of the 20th century, as entrepreneurship won prominence, commercial enterprise faculties commenced to incorporate courses and concentrations in particular geared towards aspiring entrepreneurs.
Between the 1970s and 1980s, Schools like Harvard Business School, Stanford Graduate School of Business, and the Wharton School at the University of Pennsylvania commenced providing courses and concentrations in entrepreneurship. Between Nineteen Nineties and 2000s, as the fields of entrepreneurship and management matured, MBA applications started out supplying concentrations or specializations in both areas.
Benefits of Online MBA in Entrepreneurship
- Practical experience:
Course includes internships, or incubator programs to apply classroom learning to real-world settings.
- Networking opportunities:
Access to work with alumni, faculty, guest speakers, and industry professionals in the entrepreneurial ecosystem.
- Certification:
MBA program can convince the business world and open doors, especially for those who want to start their businesses.
- Skill Diversification:
Provides a mix of business, leadership, and management skills that can be applied in a variety of situations.
- Flexibility:
Students are often able to work at their own pace, balancing studies with work and personal life.
- Networking opportunities:
Many online programs offer networking opportunities through virtual events, discussion boards, and alumni networking.
- Career Development:
An MBA in business and leadership can also open the door to leadership roles in start-ups, established companies, or venture consulting firms. Skill Development Gain practical knowledge of project management, budgeting, market research, and leadership directly related to business.
- Cost:
Online programs are generally less expensive compared to full-time on-campus programs, making them accessible to a wider variety of students.
- Business Internships:
Some programs have real-world jobs or internships where you can apply your learning in practical situations.
- Business Ethics and Social Responsibility:
Examines ethical considerations in business decisions and the impact of business on society.
- Entrepreneurial thinking:
Learning how to identify opportunities, assess risks, and develop appropriate business plans.
- Leadership Skills:
Ability to motivate teams, make strategic decisions, and lead organizations through growth and change.
- Innovation and adaptability:
Able to innovate, adapt, and adapt to market changes and disruptions.
- Financial Literacy: Understanding of financial reporting, financing strategies, and budgeting for start-up businesses.
- Building connections and relationships: Building mentors, mentors, and potential collaborators in the entrepreneurial ecosystem.
- Outside India: MBA in Leadership and Entrepreneurship offers paying Jobs not only in India but also abroad, quality is preferred all over the world. Every Business requires persons who have quality so International Companies acquire these students with a handsome package of salary.
Top Colleges in India that offers Online MBA in Leadership and Entrepreneurship
There are different types of modes for pursuing the degree of Online MBA in Leadership and Entrepreneurship programs, with their benefits and functions, Top Colleges offering these programs are:
2. Jain University, Kerala
Cost of Online MBA in Leadership and Entrepreneurship in India:
Pursuing Online MBA in Leadership and Entrepreneurship in India average course fee is in the range of 1,70,000 INR.
Syllabus
| Semester-I | Semester-II |
· Principles of Economics and Markets · Managerial Effectiveness and Ethics · Accounting and Finance · Organizational Behaviour and HRM · Quantitative Techniques and Analytics | · Entrepreneurship · Marketing Management and Research · Entrepreneurial Finance · Business Communication Strategies · Spreadsheet Modelling |
| Semester-III | Semester-IV |
· Business Environment and Strategy · Operations Management · Launching and Managing an Enterprise · Effective Leadership · Business Plans and Lean Start-up Practices · Elective-I | · Corporate Strategy · Social Entrepreneurship · Corporate Entrepreneurship · MSME and Family Managed Business · Innovation and Change Management · Elective-II · Project Work |
Elective subjects are classified according to specialization choice.
| Electives | · Management Information System · Legal Aspects of Business · IPR and Legal Aspects · CSR and Governance |
Eligibility
- In India, there are different methods and entrance exams of admission in different Universities and Institutions but to pursue a degree of Online MBA in Leadership and Entrepreneurship, students must have the minimum qualification of 3 years of Bachelor’s degree or in the final year of a bachelor’s course.
- Students must have 50% aggregate marks or above in the general category while 45% aggregate marks or above in the reserved category to pursue the degree of Online MBA in Leadership and Entrepreneurship.
- Criteria may vary according to the choice of institute and University.
- Students require the following essential documents:
1. Aadhar Card
2. 10th Marksheet
3. 12th or Equivalent Marksheet
4. Graduation Marksheet(if you have)
5. University/Institute Transfer Certificate
6. Migration Certificate
7. Caste Certificate(If required)
8. Any other degree Certificate(If you have)
Admission Process
Easy and flexible process, students do not need to present at any Institute or University, they just have to go to the University website, fill out the application form on the portal, select Online MBA in Leadership and Entrepreneurship, and upload all the necessary documents along with it.
Books for MBA in Leadership and Entrepreneurship in India
- The Lean Startup by Eric Ries
- Zero to One by Peter Thiel
- The Founder’s Dilemmas by Noam Wasserman
- Disciplined Entrepreneurship by Bill Aulet
- Start with Why by Simon Sinek
- The Hard Thing About Hard Things by Ben Horowitz
- Leaders Eat Last by Simon Sinek
- Primal Leadership by Daniel Goleman, Richard Boyatzis, and Annie McKee
- Drive by Daniel Pink
- Good to Great by Jim Collins
- Leadership and Self-Deception by The Arbinger Institute
- Turn the Ship Around! by L. David Marquet
Scope of MBA in Leadership and Entrepreneurship in India
- Start your own business: One obvious path after an MBA in entrepreneurship is to start your own business. During the Course, students enhance with required knowledge and different skills needed to manage and develop business plans in start-ups.
- Work at a start-up company: Joining an existing start-up company can provide valuable experience. Start-ups are growing in India, especially in cities like Bangalore, Mumbai, and Delhi. Roles include commercial operations to manufacturing and finance.
- Corporate leadership roles: Many established companies are looking for leaders who can bring productivity to their organizations. MBA course can make you a pretty good candidate for a job like a strategic planning manager, innovation manager, or business development manager.
- Discussions: Business and leadership skills can lead to a career in consulting. Allow to work in different start-ups and help large companies, or consult organizations for their development.
- Social Work: India has focused heavily on social services. You can start your own business that will allow financial growth and address social or environmental issues. Organizations such as NGOs, social or impact investing companies, and many more.
- Venture Capital and Private Equity: Business skills can make you more effective in the investor side of your job. Working in venture capital or private equity firms allows you to support and invest in promising start-ups.
- Further Studies/Research: If you are interested in education or want to go deeper and deeper in a particular field of work, you can further pursue a Ph.D. This option has a better opportunity if you are interested in the research field and want to contribute to society’s development.
- International Opportunities: An MBA in business and leadership can also open doors internationally. You can join different organizations, and start-ups, and even open your business expansion in other countries.
- Contact and Discussion: The MBA experience also provides a lot of networking opportunities. Connect with top alumni, attend events, and attend meetings which may lead to networking, mentorship, or job opportunities.
- Government policies: Monitor and support various government policies and projects that support business in India. You can provide support and guidance to different government programs like Start-up India, Stand-up India, and Atal Innovation Mission.
Salary after MBA in Leadership and Entrepreneurship in India
MBA in Leadership and Entrepreneurship opens opportunities in various sectors and organizations in different professions. The average salary after an MBA in Leadership and Entrepreneurship in India is around INR 17LPA which varies according to job role and working position.
Other Specialization of Online MBA
| Integrated Marketing | Healthcare Management | FinTech |
| Finance | Business Analytics | Advertising and Branding |
| Marketing | E-Commerce | Data Analytics |
| Information Technology Management | Banking | Business Analytics |
| Information System Management | International Business | Equity Research |
| Data Science | International Finance | Business Intelligence |
| Human Resource Management | Project Management | Logistics |
| Operation Management | Supply Chain Management | Digital Finance |
Other Mode of MBA in Leadership and Entrepreneurship in India
MBA in Leadership and Entrepreneurship is categorized depending upon the mode of education, there are several other modes except Online MBA which include:
- Regular Courses:
Regular MBA in Leadership and Entrepreneurship Courses are offered by a wide variety of Universities and Institutions that offer regular 2-year post-graduate courses, divided into four to six semesters of MBA, they provide placement in top companies across the world having an average cost of pursuing a regular MBA in Leadership and Entrepreneurship in India is INR 5LPA, It varies depending upon University and Institute. Pursuing a full-time MBA in Leadership and Entrepreneurship in India is between 2,00,000 INR to 25,00,000 INR depending upon the Institute or University.
- Distance Courses:
By visualizing market demand many University provides distance courses in MBA in Leadership and Entrepreneurship in India which is designed to provide ease to working professionals to seek an MBA in Leadership and Entrepreneurship degree along with Jobs to grow in career and achieve life goals having pursuing cost is around INR 2LPA in India. Fees for pursuing a part-time MBA in Leadership and Entrepreneurship in India range from 40,000 INR to 1,50,000 INR depending upon the Institution’s choice.
- 1 Year Courses:
It is gaining popularity in recent times, mainly by working professional who needs a master’s degree in Leadership and Entrepreneurship for career development and promotion. So they can seek an MBA in Leadership and Entrepreneurship degree while working and advancing in their life and salary in a one-year program.
Colleges for Leadership and Entrepreneurship in India
Indian Institute of Management (IIMs):-
Indian Institute of Management (IIMs) is India’s top Management Business School in India that offers an MBA in Leadership and Entrepreneurship course which is established by the government, based on the recommendation of the Planning Commission of India, which offers 2-year MBA program in Leadership and Entrepreneurship having fees is about 21 lakhs to 27 lakhs for 2-year post-graduate program depending upon Institute and specialization.
| University | Established | Tution Fees+Hostel Charges |
| IIM Calcutta | 1961 | INR 27L |
| IIM Ahmedabad | 1961 | INR 19L |
| IIM Bangalore | 1973 | INR 25L |
| IIM Lucknow | 1984 | INR 21L |
| IIM Indore | 1996 | INR 22L |
| IIM Kozhikode | 1996 | INR 21L |
| IIM Shillong | 2007 | INR 13L |
| IIM Raipur | 2010 | INR 16L |
| IIM Ranchi | 2010 | INR 18L |
| IIM Rohtak | 2010 | INR 20L |
| IIM Kashipur | 2011 | INR 19L |
| IIM Tiruchirappalli | 2011 | INR 20L |
| IIM Udaipur | 2011 | INR 21L |
| IIM Amritsar | 2015 | INR 18L |
| IIM Bodh Gaya | 2015 | INR 17L |
| IIM Nagpur | 2015 | INR 18L |
| IIM Sambalpur | 2015 | INR 18L |
| IIM Sirmaur | 2015 | INR 16L |
| IIM Vishakhapatnam | 2015 | INR 18L |
| IIM Jammu | 2016 | INR 18L |
| IIM Mumbai | 2023 | INR 21L |
Private University:-
There are several privately UGC recognized Universities with better infrastructure, tools, facilities, and professional professors, that provide MBA in Leadership and Entrepreneurship Courses in India which include top Universities such as:
| University | NIRF | Location |
| Symbosis Institute of Business Management | 17 | Maharashtra |
| SVKM’s Narsee Monjee Institute of Management Studies | 21 | Maharashtra |
| Amity University | 28 | Uttar Pradesh |
| Amrita Vishwa Vidyapeetham | 30 | Tamil Nadu |
| Lovely Professional University | 32 | Punjab |
| Chandigarh University | 36 | Punjab |
| Anna University | 49 | Tamil Nadu |
| Graphic Era University | 65 | Uttarakhand |
| Manipal University Jaipur | 79 | Rajasthan |
| Jain University | 85 | Karnataka |
| Uttaranchal University | NA | Uttarakhand |
Popular Exams for Admission in Top Universities in India
- CAT (Common Admission Test)
It is a very famous MBA in Leadership and Entrepreneurship entrance exam in India conducted by the Indian Institutes of Management, which notification comes in the month of July-August for admission to top universities based on the result of this examination.
- GMAT (Graduate Management Admission Test)
Graduate Management Admission Council conducts the Graduate Management Admission Test for admission to in MBA in Leadership and Entrepreneurship for national and foreign institutes where Candidates can appear 5 times a year for this test.
- XAT (Xavier Aptitude Test)
Xavier School of Management, Jamshedpur conducts the XAT exam in January for admission an MBA in Leadership and Entrepreneurship, which is accepted in many management universities and institutes.
- MAT (Management Aptitude Test)
All India Management Association conducts the popular national-level entrance exam MAT for admission to an MBA in Leadership and Entrepreneurship in different Management institutions and Universities across India which is conducted 4 times a year, i.e. February, May, September, and December.
- CMAT (Common Management Admission Test)
National Testing Agency conducts the popular national entrance test CMAT for admission to top Universities in April for pursuing an MBA in Leadership and Entrepreneurship.
Other Specialization of Online MBA
Conclusion
Management in Leadership and Entrepreneurship offers flexible and affordable ways for students to learn and develop in careers by developing basic business ideas by understanding the investment and finance sector. This article helps to inform students about the Online MBA in Leadership and Entrepreneurship course, and University, and their benefits in different sectors and organizations with better present and future scope all over the world within top organizations and helps in financial growth, skills, and many more.