MBA in Entrepreneurship: Entrepreneurship is no longer a hobby or a side-hustle; it is a serious career choice that requires a solid foundation in business fundamentals, strategic planning, and leadership. An MBA in Entrepreneurship is a specialized degree program that equips students with the skills, knowledge, and resources to start, grow, and run their own businesses.
The future scope of an MBA in Entrepreneurship is promising, given the growing trend of entrepreneurship and the increasing demand for business leaders who can think outside the box and create new opportunities.Also Read: MBA in Pharmaceutical Management
Note: According to a report by the Global Entrepreneurship Monitor, there are over 582 million entrepreneurs worldwide, generating over $7 trillion in revenue.MBA in Entrepreneurship Highlights | |||
Level | Entry-Level | Mid-Senior Level | Senior Level |
Job Profiles | Product Managers, Business Development Associates | Startup Founder, Director, Venture Capital Associate | Director, Vice President of a startup |
Average Salary (INR) | 5 lakh - 12 lakh | 13 lakh - 20 lakh | 20 lakh - 40 lakh |
Industries | Various (e.g., automobiles, advertising, agriculture, banking, IT, hospitality, fashion) | Various | Various |
Top Recruiters | Deloitte, Google, Apple, Amazon, JP Morgan, etc. | Deloitte, Google, Apple, Amazon, JP Morgan, etc. | Deloitte, Google, Apple, Amazon, JP Morgan, etc. |
Also Read: MBA in Pharmaceutical Management
MBA in Entrepreneurship: Average Salary Based On Job Position | |
Job Position | Average CTC |
Product Manager | INR 10 LPA- INR 12 LPA |
Business Development Associate | INR 8 LPA- INR 20 LPA |
Venture Capital Associate | INR 15 LPA- INR 25 LPA |
Startup Founder | Income of Startup Founder Varies as per business |
Job Profile | Description | Average Salary (in INR) |
Marketing Manager | Plans, executes, and oversees marketing strategies and campaigns to promote products, services, or brands. | 12.5 LPA |
Product Manager | Oversees the development and management of a product throughout its lifecycle. | 24.7 LPA |
Finance Manager | Responsible for overseeing the financial health of an organization. | 17.3 LPA |
Business Analyst | Analyzes, understands, and documents business processes and systems within an organization. | 9.5 LPA |
Operations Manager | Oversees the production of goods and/or services within an organization. | 10.6 LPA |
HR Manager | Oversees the human resources department within an organization. | 12 LPA |
CEO | Top executive responsible for making major corporate decisions, managing operations, and leading the organization towards its strategic goals. | 46 LPA |
Department Manager | Oversees operations, activities, and staff within a specific department of a company or organization. | 4.3 LPA |
Project Manager | Responsible for overseeing the planning, execution, and completion of projects within an organization. | 19.1 LPA |
Sales Manager | Leads and manages a team of sales representatives or a sales department within an organization. | 6.7 LPA |
Specialization Wise Salary for MBA Entrepreneurship Graduates in India | |||
Specialization | Entry-level CTC | Mid-level CTC | Senior-level CTC |
Healthcare Entrepreneurship | INR 4-6 LPA | INR 8-12 LPA | INR 14-20 LPA |
Retail Entrepreneurship | INR 3-6 LPA | INR 7-10 LPA | INR 15-25 LPA |
Finance Entrepreneurship | INR 4-5 LPA | INR 8-11 LPA | INR 20-30 LPA |
Family Business Entrepreneurship | INR 3.5-6.5 LPA | INR 9-14 LPA | INR 15-22 LPA |
Sales and Marketing Entrepreneurship | INR 5-7 LPA | INR 7-10 LPA | INR 14-18 LPA |
Top Employment Areas for MBA Entrepreneurship Graduates |
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Healthcare | Automobiles |
Banking | Insurance |
Private Companies | Food and Beverages |
Healthcare Recruiters |
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Apollo | Fortis | Medanta |
Piramal | Sun Pharma | Cipla |
Banking Recruiters |
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HDFC | ICICI | American Express |
Mastercard | Square | Paytm |
Automobile Recruiters |
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Tesla | Ford | Mahindra |
Maruti | BMW | Hero |
Food and Beverage Recruiters |
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Coca-Cola | Nestle | Amul |
Gyan | ITC Foods | Hindustan Unilever |
Private Organizations |
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Amazon | Infosys | |
Zomato | Flipkart | Wipro |
Top MBA Entrepreneurship Colleges for Placements | |
Institute | Average Salary (in INR) |
XLRI, Jamshedpur | INR 30.2 LPA |
IIM, Lucknow | INR 32 LPA |
Jamia Millia Islamia | INR 8 LPA |
Symbiosis Institute of Business Management, Pune | INR 20 LPA |
Chandigarh University | INR 7.6 LPA |
Lovely Professional University, Jalandhar | INR 7.2 LPA |
IMT, Ghaziabad | INR 14 LPA |
IIM, Nagpur | INR 16.8 LPA |
Amity University, Noida | INR 5.5 LPA |
PSG Institute of Management, Coimbatore | INR 6.1 LPA |
City | Job Opportunities | Average Annual Salary (in INR) |
Delhi | Healthcare institutions, Banking, Automobile, Private Organizations | INR 4 lakh - INR 6 lakh |
Mumbai | Food and Beverage, Healthcare, Private Organizations | INR 6 lakh - INR 10 lakh |
Pune | Healthcare, Automobile, Educational Institutions | INR 5 lakh - INR 8 lakh |
Hyderabad | Healthcare, Private Organizations | INR 6.5 lakh - INR 9 lakh |
Bangalore | Healthcare, Automobile, Food and Beverage, Banking | INR 8 lakh - INR 9.5 lakh |
Chennai | Education, Healthcare, Marketing | INR 5.5 lakh - INR 8.5 lakh |
Chandigarh | Automobile, Healthcare, Insurance | INR 4.5 lakh - INR 6.5 lakh |
Kolkata | Private companies, Education, Marketing | INR 3.5 lakh - INR 5 lakh |
Ahmedabad | Healthcare, Automobile, Educational Institutions | INR 3.5 lakh - INR 4.5 lakh |
Jaipur | Healthcare, Banking, Automobile, Private Organizations | INR 4.5 lakh - INR 6.5 lakh |
Industry | Description | Average CTC (in INR) |
Healthcare | Scope of the Healthcare industry is rising constantly. The student will be in charge of managerial duties in a hospital, pharmaceutical firm, or other healthcare organization. | INR 5.5 lakh to INR 7.5 lakh |
Automobile | Deals with designing, manufacturing, mechanical mechanisms as well operations of automobiles. | INR 5 lakh to INR 8.5 lakh |
Food and Beverage | In the Food and Beverage Service industry aspirants can work in restaurants, hotels, food stalls, etc. | INR 7.5 lakh to INR 8.5 lakh |
Marketing | Deals with marketing and promoting a product for increased sales and revenue | INR 8.2 lakh to INR 9.5 lakh |
Country | Salary Offered |
USA | Entry-Level : $60,000 - $120,000 or more Mid-Level: $100,000 - $200,000 or more Senior-Level: $150,000 - $300,000 or more |
United Kingdom | Entry-Level: £30,000 - £60,000 or more Mid-Level : £50,000 - £100,000 or more Senior-Level: £80,000 - £150,000 or more |
Canada | Entry-Level: CAD 60,000 - CAD 120,000 or more Mid-Level: CAD 90,000 - CAD 150,000 or more Senior-Level: CAD 120,000 - CAD 200,000 or more |
Germany | Entry-Level: €45,000 - €80,000 or more Mid-Level: €70,000 - €120,000 or more Senior-Level: €100,000 - €200,000 or more |
Australia | Entry-Level: AUD 70,000 - AUD 120,000 or more Mid-Level: AUD 100,000 - AUD 180,000 or more Senior-Level: AUD 150,000 - AUD 300,000 or more |