A Online/Distance MBA in Entrepreneurship is a tailored choice within your MBA program designed to align with your career interests and goals. This specialization allows you to focus on the principles of business management and entrepreneurial practices while studying remotely. Opting for this path is a strategic move if you are keen on gaining in-depth knowledge about launching and managing your own business.
Online/Distance MBA in Entrepreneurship is a complete education program that covers a wide range of topics and subjects to provide knowledge and skills within each area of business management. The subjects of distance MBA in entrepreneurship include Corporate Law, managerial economics, operations management, financial management, business analytics, human resource management, Social entrepreneurship, business environment, technology Innovation and sustainable enterprise, business statistics, international business management, quality management, and so on. Distance MBA in entrepreneurship encourages candidates to start a new venture using their creative thinking and skills developed throughout the course. However, some career opportunities beside entrepreneurship include Business Development, Director, Senior Product Managers, Management analyst, Research Marketing Analyst, Corporate supervisor and many more.
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The standard steps of the admission process for distance MBA in Entrepreneurship focuses on providing complete information about the registration process through online media by making the application form accessible online. It helps students to understand the eligibility criteria to apply for the seat in a systematic way. It is essential to have good scores in entrance exams along with proper document verification for a successful admission process for the MBA program. To be eligible for a distance MBA in Entrepreneurship, you typically need to meet the following criteria: A bachelor's degree in any discipline. A minimum percentage in your undergraduate studies (usually around 50%, but it can vary). Work experience may be preferred, but it's not always mandatory. Some institutions may require GMAT or GRE scores. English proficiency test scores like TOEFL or IELTS may be required for international students. Letters of recommendation may be requested.
Gaining admission to a Online/Distance MBA in Entrepreneurship often involves clearing an entrance exam that assesses your aptitude and knowledge. Common entrance exams for Online/Distance MBA programmes in India include the CAT (Common Admission Test), MAT (Management Aptitude Test), and CMAT (Common Management Aptitude Test). The CAT is one of the most recognised and widely accepted entrance exams for top business schools, while the MAT and CMAT are aptitude-based tests. Other popular entrance exams for distance MBA programmes include SNAP and XAT.
A Online/Distance MBA in Entrepreneurship opens up diverse career opportunities in the business world. Graduates can pursue roles such as business owners, startup founders, or consultants, leveraging their expertise to launch and manage new ventures. They are also well-suited for positions in business development, strategic planning, and venture capital, where they can apply their knowledge of business planning and management. This specialization equips individuals with the skills needed for high-level roles and provides a strong foundation for addressing complex business challenges. Additionally, the flexibility of distance learning allows for the balance of studies with professional work, enhancing career prospects and enabling continuous growth in the entrepreneurial landscape.
Distance MBA in Entrepreneurship Job Profiles | Job Description (Responsibility) | Average Salary |
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Market Analyst | Market Analyst is responsible for monitoring consumer behavior and sales trends and measuring the success of past marketing campaigns. | ₹ 5.5 LPA - ₹ 8.5 LPA |
Business Consultant | Business Consultants provide advice and strategies to run businesses successfully | ₹ 6.4 LPA - ₹ 12 LPA |
Operations Manager | An Operations Manager ensures that everything runs smoothly in an organization. They look after the budgeting, reporting, planning, and auditing. | ₹ 6 LPA - ₹ 10 LPA |
Sales Manager | Sales Manager is responsible for leading sales professionals to achieve revenue goals. | ₹ 6.6 LPA - ₹ 8.4 LPA |
Top Recruiters Company for Distance MBA in Entrepreneurship |
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Amazon |
Apple |
IBM |
Deloitte |
Pepsico |
EY |
Microsoft |
Accenture |
Goldman Sachs |
Walt Disney |
Neev is an education foundation that helps potential students of Distance MBA programs to secure a spot successfully by assisting them at each step of the admission process. The services offered by Neev are easily accessible for online students and their parents through an online portal. The admission process for a Distance MBA in Entrepreneurship typically involves applying with academic transcripts, letters of recommendation, and potential work experience details.
Login to the admission portal by using your credentials shared on registered email id or you can directly login by entering an OTP received on the registered mobile number.
The next step is filling out all the details in the application form such as personal details, educational qualification and other details as required by the University.
Upload all the scanned documents, including high school, intermediate, and Graduation Mark sheets along with the Aadhar card and ABC (Academic Bank Credits) ID.
To finish the application, submit the academic fees online through debit, credit card, Net banking, UPI or you may also opt for a finance option. Interest-free Loan options are also available in which you can pay your fees in easy EMIs.
The University will then verify your documents and send you a confirmation mail regarding your admission, along with the login credentials to access your learning management system (LMS).
Online/Distance MBA in Entrepreneurship graduates can explore various avenues for job placements, including:
Online/Distance MBA in Entrepreneurship Colleges | Online/Distance MBA in Entrepreneurship Average Package |
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IGNOU - Indira Gandhi National Open University | ₹ 2.7 LPA - ₹ 7.5 LPA |
School of Open Learning, University of Delhi | ₹ 3 LPA - ₹ 10.5 LPA |
Symbiosis Centre for Distance Learning, Delhi | ₹ 3.6 LPA - ₹ 12.5 LPA |
ICFAI University – Distance Education | ₹ 3.2 LPA - ₹ 14.2 LPA |
A distance MBA in entrepreneurship equips you with the knowledge and skills necessary to start and manage your own business. You'll learn about business planning, venture capital, marketing, and management skills. You'll also develop the critical thinking and problem-solving skills necessary to succeed in the fast-paced world of business.
Professionals with this degree can pursue careers as entrepreneurs, business consultants, product managers, marketing managers, operations managers, or investors. They can also work in a variety of other roles within startups and established businesses.
Both HR and entrepreneurship are valuable specialisations, but the "better" choice depends on your individual interests and career goals. If you're passionate about people management, talent development, and organisational behaviour, HR might be a good fit. If you're driven to start your own business and bring your ideas to life, entrepreneurship could be a more suitable path.
Salaries can vary depending on various factors, but Distance MBA graduates with specialisations in fields like finance, marketing, and information technology often command higher salaries. However, entrepreneurship is also a high-demand field with competitive compensation packages.
The typical requirements for admission include a bachelor's degree with a minimum percentage, and some institutions may require GMAT or GRE scores, letters of recommendation, and work experience. English proficiency test scores may also be necessary for international applicants.
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