MBA for Entrepreneurs in Gujarat
Gujarat is a state known for creating the most successful entrepreneurs in India and globally. People like Gautam Adani, Mukesh Ambani, Uday Kotak, Ratan Tata, Nirav Tripathi, Azim Premji, etc. have created a mark globally because of their successful business ventures. The state has the largest coastline, a wide range of industrial infrastructure, educational facilities, favorable government policies and rich in human resources. It is the ideal ground for family businesses to grow and also for start-ups to set roots. As a person who is planning to set out into the world of business leadership or pitching your own startup, it will prove to be very useful if you pursue a management degree like a Masters of business administration (MBA) or postgraduate diploma in management (PGDM) with specialization in entrepreneurship. You will be enabled with knowledge, skills, and insights about running a business.
Many of the top MBA colleges in Ahmedabad, Gujarat offer an MBA or PGDM with entrepreneurship to accelerate your career into a successful business. The course does not guarantee success in your business but it does guarantee the right start and good knowledge to keep you prepared for crisis and risks that come your way. The course is a 2-year, post-graduate program which is divided across 4 semesters. You are trained on how to commercialize your business idea, manage risks, plan, and budget, address the crisis and manage human resources. If you have completed your bachelor’s degree and appeared for a competitive exam like CAT (Common Admission Test), XAT (Xavier’s aptitude test), MAT (Management Aptitude Test), GMAT (Graduate Management Admission Test), ATMA (AIMS Test for Management Admissions), etc. The cut-offs for these exam scores are announced by the B-schools on their websites. For this course, many institutes also offer a special admission process which involves an entrance exam, group discussion, and personal interview. Once you clear these steps, you will be enrolled in the two-year program for entrepreneurship management. Many MBA colleges also admit the students directly without these steps too. During the course, you will be prepared for entrepreneurship, business management, operations, leadership, crisis management, and planning.
Upon completion of the course, you will be ready to start your own business, lead a family business or even take up jobs through campus placements. It is advisable to have a job experience (outside your own circles) to really understand the market, people and workplaces. Many business owners have had their biggest learnings from their internships and jobs. The average fee of this course is between 1,50,000 INR and 15,00,000 in Gujarat and the pay scales start at 1,20,000 INR Per Annum and the sky is the limit. As an owner of a business or startup, you will lead the business, take key decisions, manage human resources, maintain profit optimization, expand territories, grow to newer avenues, sustain smooth operations and overall be responsible for the growth and success of the business. You will also be responsible for the risks, losses, damages, and crisis also. It is indeed an overwhelming journey but it is equally rewarding. This degree will only make the journey smoother and worth the while.
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