Kanhaiya Kumar
Table of Contents
PGDM in Entrepreneurship
What is PGDM in Entrepreneurship? PGDM in Entrepreneurship, also known as Post Graduate Diploma in Management in Entrepreneurship, is a program that aims to equip students with the skills, knowledge, and mindset required to become successful entrepreneurs. The program is designed to provide a comprehensive understanding of the different aspects of starting, managing, and growing a business.
PGDM in Entrepreneurship program curriculum typically includes courses in areas such as business strategy, marketing, finance, operations management, leadership, and innovation. In addition, students may also be exposed to experiential learning opportunities such as internships, live projects, and business simulations to develop practical skills.
PGDM in Entrepreneurship scopes for individuals who are interested in starting their own business ventures or becoming entrepreneurs in existing organizations. The skills and knowledge gained through the program can also be useful for individuals who are looking to work in startup companies or in entrepreneurial roles in established companies.
Upon completion of the program, graduates may pursue careers as entrepreneurs, startup founders, business consultants, or venture capitalists. They may also choose to work in various industries such as technology, healthcare, finance, or retail.
PGDM in Entrepreneurship: Highlights
| PGDM in entrepreneurship: course level | Post Graduate |
| Duration | 1-2 years |
| Examination type | Semester wise |
| Eligibility criteria | 50% marks in bachelor’s degree |
| Admission process | Entrance exam or Direct admission |
| Job positions | System Analyst, Assistant Manager, Chief Human Resources Officer, Finance Controller, Delivery Manager, Business Analyst |
| Top Recruiting Companies | Ava Merchandising, Avery Dennison, Bajaj Capital, Digital Upstarts, Flourish Purefoods P Ltd, Gandhi Fellowship initiative (Piramal Foundation of Education Leadership and Kaivalya Education Foundation), Gateway Group, GIAN (National Innovation Foundation), HDFC Bank, Jagdish Hirani & Associates, kWatt Solutions P Ltd, Matrix Cellular, Naukri.com, Oakrook Education Research Ltd, Purple Squirrel (IIT Bombay incubators), Ramana Group, Shyamal & Bhumika, Skylabs Solutions Ltd, SMC insurance, UASC, XL Dynamics, Yodlee Infotech P Ltd, UNHCR Project (Access Development Services), Saath NGO |
PGDM in Entrepreneurship is a postgraduate diploma program that provides students with the knowledge and skills necessary to start, manage, and grow their own businesses. Here are some of the key highlights of the PGDM in Entrepreneurship program:
• Curriculum: The program focuses on developing entrepreneurial skills such as opportunity identification, business planning, marketing, sales, finance, and leadership. The curriculum is designed to be practical and hands-on, with a strong emphasis on experiential learning.
• Industry exposure: The program provides students with exposure to the entrepreneurship ecosystem, including interactions with successful entrepreneurs, business incubators, venture capitalists, and angel investors. This exposure helps students understand the challenges and opportunities of entrepreneurship and how to navigate them.
• Business incubation: Some PGDM in Entrepreneurship programs offer business incubation facilities that allow students to work on their own business ideas and get support from faculty and industry mentors. This provides a safe and supportive environment for students to test their entrepreneurial skills and ideas.
• Networking opportunities: The program provides ample networking opportunities, including industry events, guest lectures, and alumni networks. This allows students to build relationships with successful entrepreneurs, investors, and other stakeholders in the entrepreneurship ecosystem.
• Entrepreneurial mindset: The program helps students develop an entrepreneurial mindset, which is essential for success in any career. This mindset includes traits such as creativity, innovation, risk-taking, resilience, and perseverance.
• Career prospects: Graduates of PGDM in Entrepreneurship programs have a wide range of career opportunities, including starting their own businesses, working in start-ups or small businesses, or pursuing careers in entrepreneurship development, consulting, or venture capital.
PGDM in Entrepreneurship Admission
PGDM in Entrepreneurship eligibility may vary depending on the institute. However, here are the general eligibility criteria:
• Candidates must have completed their Bachelor’s degree (or equivalent) in any discipline from a recognized university.
• Candidates in their final year of graduation may also apply, provided they submit proof of their graduation by a specific date as prescribed by the institute.
• Candidates must have scored a minimum of 50-60% (depending on the institute) in their graduation or equivalent.
• Candidates must have a valid score in any of the national-level management entrance exams like CAT, XAT, MAT, CMAT, GMAT, or any other equivalent exam.
It is important to note that some institutes may also have additional criteria like work experience, written tests, group discussions, and personal interviews. Candidates are advised to check the eligibility criteria of the institute they wish to apply to before applying for the program.
PGDM in Entrepreneurship Syllabus
The syllabus for PGDM in Entrepreneurship may vary slightly depending on the institution and program. However, here is a general overview of the PGDM in Entrepreneurship semester-wise syllabus:
Semester 1:
• Entrepreneurship Development: Introduction to entrepreneurship, types of entrepreneurs, entrepreneurial competencies, and skills, opportunities identification, and evaluation.
• Business Environment and Management: Overview of the business environment, market structures, competition, government policies, regulatory frameworks, organizational behaviour, and management principles.
• Financial Accounting and Analysis: Basic accounting concepts, financial statements, ratio analysis, and financial forecasting.
• Marketing Management: Understanding the market, product development, branding, pricing, distribution, and promotion.
• Quantitative Techniques: Introduction to statistics, probability, hypothesis testing, and regression analysis.
Semester 2:
• Entrepreneurship Finance: Sources of finance, venture capital, angel investing, crowdfunding, valuation, and risk management.
• Entrepreneurship Marketing: Advanced marketing techniques, marketing research, digital marketing, and e-commerce.
• Operations Management: Production planning and control, supply chain management, quality management, and logistics.
• Human Resource Management: Recruitment, selection, training, development, performance appraisal, and compensation.
• Innovation and Creativity: Idea generation, ideation techniques, product design, innovation management, and intellectual property rights.
Semester 3:
• Entrepreneurship Strategy: Business planning, strategic management, growth strategies, mergers and acquisitions, and exit strategies.
• Entrepreneurship Development Programs: Government schemes, incubation, and acceleration programs, startup ecosystem, and networking.
• Leadership and Ethics: Leadership styles, ethical issues in entrepreneurship, and corporate social responsibility.
• Electives: Students can choose from a range of elective courses such as digital entrepreneurship, social entrepreneurship, family business management, and international entrepreneurship.
Semester 4:
• Entrepreneurship Project: Students are required to undertake an entrepreneurship project that involves developing a business plan, market research, financial analysis, and implementation.
• Entrepreneurship Internship: Students can undertake an internship in a startup, incubator, or venture capital firm to gain practical experience.
• Viva-Voce: Students are required to present their entrepreneurship project and defend their work in front of a panel of experts.
This is a general syllabus for PGDM in Entrepreneurship. The actual syllabus may vary depending on the institution and program.
This is a general syllabus for PGDM in Entrepreneurship. The actual syllabus may vary depending on the institution and program.
Top Colleges for PGDM in Entrepreneurship in India
There are many colleges and universities in India that offer PGDM Entrepreneurship programs. Here are some of the top colleges for PGDM Entrepreneurship in India:
| Colleges | Annual fee(in INR) |
|---|---|
| SP Jain Institute of Management and Research | 9.50 lakhs |
| Institute of Management Technology | 11 lakhs |
| Symbiosis Centre for Entrepreneurship and Innovation | 6 lakhs |
| Xavier Institute of Management and Entrepreneurship | 10 lakhs |
| National Institute of Entrepreneurship and Small Business Development | 1.5 lakhs |
| Welingkar Institute of Management Development and Research | 7.50 lakhs |
| Goa Institute of Management | 11 lakhs |
| Institute of Management Studies | 6.50 lakhs |
| PSG Institute of Management | 8 lakhs |
These colleges are known for their strong focus on entrepreneurship education, innovative curriculum, industry-relevant training, and excellent placement opportunities. Aspiring entrepreneurs who are looking to pursue a PGDM in an Entrepreneurship program in India may consider these colleges for their higher education.
Post Graduate Diploma in Management (Business Entrepreneurship)
A Post Graduate Diploma in Management (PGDM) in Business Entrepreneurship is a program designed to provide students with the necessary knowledge and skills to become successful entrepreneurs. The program is usually two years long and covers a wide range of subjects related to entrepreneurship, management, marketing, and finance.
The curriculum typically includes courses on business strategy, entrepreneurial finance, marketing management, new venture creation, opportunity recognition, business modeling, and innovation management. The program may also include courses on legal and regulatory issues, risk management, and project management.
In addition to classroom learning, students are often required to complete hands-on projects and assignments that involve creating and running their own businesses. The program may also include guest lectures and workshops by successful entrepreneurs, industry experts, and venture capitalists.
Upon completion of the program, students are expected to have acquired the skills and knowledge required to start and manage their own businesses successfully. They may also pursue careers in entrepreneurship development, venture capital, business consulting, and innovation management.
Post Graduate Diploma in Management (Business Entrepreneurship) Top Colleges
| College Name | Location | Annual fees(in INR) |
|---|---|---|
| S.P. Jain Institute of Management and Research (SPJIMR) | Mumbai | 17.50 lakhs |
| Institute of Management Technology (IMT) | Ghaziabad | 12.75 lakhs |
| Xavier Institute of Management and Entrepreneurship (XIME) | Bangalore | 8.50 lakhs |
| Entrepreneurship Development Institute of India (EDI) | Gandhinagar | 7.90 lakhs |
| National Institute of Entrepreneurship and Small Business Development (NIESBUD) | Noida | 3 lakhs |
| Institute of Management Studies (IMS) | Ghaziabad | 6.95 lakhs |
| Great Lakes Institute of Management (GLIM) | Chennai | 11.14 lakhs |
| Indian School of Business (ISB) | Hyderabad | 34 lakhs |
Post Graduate Diploma in Management (Business Entrepreneurship): Career Prospects
Post Graduate Diploma in Management (PGDM) in Business Entrepreneurship is a program that equips students with the knowledge and skills to become successful entrepreneurs or work in the entrepreneurial ecosystem. Here are some of the career prospects for graduates of this program:
• Entrepreneur: Graduates can start their own business ventures and become entrepreneurs. With the knowledge and skills gained through the program, they can identify new opportunities, develop a business plan, and successfully launch their own ventures.
• Start-up Consultant: Graduates can work as consultants for start-ups, providing guidance and support to entrepreneurs who are starting their own businesses. They can help start-ups with market research, business planning, and funding strategies.
• Venture Capitalist: Graduates can work as venture capitalists, providing funding to start-ups and early-stage companies. They can evaluate new business ideas, assess their viability, and invest in the ones with the most potential.
• Business Development Manager: Graduates can work as business development managers in established companies, where they can identify new business opportunities, develop new products, and expand the company’s reach.
• Innovation Manager: Graduates can work as innovation managers in established companies, where they can identify new business opportunities, develop new products, and lead teams to create and implement innovative ideas.
• Entrepreneurial Educator: Graduates can also work as educators, teaching entrepreneurship to aspiring entrepreneurs, and helping them to develop the skills and knowledge needed to start and grow their own businesses
PG Diploma in Entrepreneurship IGNOU
PG Diploma in Entrepreneurship- Does IGNOU provides PG Diploma in Entrepreneurship? In addition to the colleges, mentioned earlier, IGNOU (Indira Gandhi National Open University) also offers a PG Diploma in the Entrepreneurship program. The program is designed to provide a solid foundation in the principles and practices of entrepreneurship and covers topics such as entrepreneurship development, business planning, financial management, marketing, and legal aspects of entrepreneurship.
The program is suitable for individuals who are looking to start their own business ventures or work in entrepreneurial roles in existing organizations. The program is offered through distance learning mode, which allows students to pursue their studies at their own pace and convenience.
The PG Diploma in Entrepreneurship program offered by IGNOU is recognized by the Ministry of Skill Development and Entrepreneurship, Government of India. The program is also affordable compared to other PGDM Entrepreneurship programs offered by traditional colleges and universities.
However, it is important to note that the quality of education, training and placement opportunities offered by IGNOU may not be at par with the top colleges for PGDM Entrepreneurship in India. Therefore, aspiring entrepreneurs should carefully evaluate their options and choose the program that best fits their career goals and aspirations.
PGDM Entrepreneurship in Canada
Canada offers several PGDM programs in entrepreneurship, which are designed to help students develop the skills and knowledge required to start and manage their own businesses. Here are some of the top colleges and universities in Canada that offer PGDM in Entrepreneurship:
Humber College, Toronto: Offers a PGDM program in Entrepreneurial Enterprise that focuses on developing innovative business solutions.
Concordia University, Montreal: Offers a PGDM in Innovation and Entrepreneurship program that covers areas such as marketing, finance, and business strategy.
University of British Columbia, Vancouver: Offers a PGDM program in Entrepreneurship that is designed to provide students with practical business skills and knowledge.
Simon Fraser University, Burnaby: Offers a PGDM program in Innovation and Entrepreneurship that focuses on developing entrepreneurial mindsets and skills.
Ryerson University, Toronto: Offers a PGDM program in Entrepreneurship and Strategy that covers areas such as business planning, marketing, and financial management.
University of Waterloo, Waterloo: Offers a PGDM program in Entrepreneurship and Technology Innovation that focuses on developing innovative business solutions using technology.
These programs typically have a duration of 1-2 years and may require students to complete a capstone project or participate in an internship to gain practical experience. Students who graduate from these programs may pursue careers as entrepreneurs, startup founders, business consultants, or venture capitalists.
PGDM in Entrepreneurship Vs MBA in Entrepreneurship
PGDM in Entrepreneurship and MBA in Entrepreneurship is both postgraduate programs that aim to prepare students for careers in entrepreneurship. However, there are some differences between these two programs:
Duration: PGDM in Entrepreneurship is a diploma program that typically takes 1-2 years to complete, while an MBA in Entrepreneurship is a degree program that usually takes 2 years to complete.
Curriculum: PGDM in Entrepreneurship focuses on developing practical skills and knowledge related to starting and managing a business, with a strong emphasis on hands-on experience. In contrast, an MBA in Entrepreneurship offers a broader curriculum that includes management, finance, marketing, and other business-related subjects in addition to entrepreneurship.
Focus: PGDM in Entrepreneurship program focuses exclusively on entrepreneurship, while an MBA in Entrepreneurship program covers a broader range of business topics, including entrepreneurship.
Target audience: PGDM in Entrepreneurship is often designed for individuals who already have some business experience and want to start their own ventures or become entrepreneurs. An MBA in Entrepreneurship is often aimed at students who want to gain knowledge and skills in entrepreneurship along with broader management and business education.
Industry Exposure: PGDM in Entrepreneurship programs generally offer more opportunities for industry exposure, mentorship, and incubation support for students’ startup ideas. An MBA in Entrepreneurship may provide more access to alumni networks and job opportunities within larger corporations.
MBA in Entrepreneurship
An MBA in Entrepreneurship is a graduate-level degree program that focuses on developing the skills and knowledge required to start and run a successful business venture. The program combines traditional business management skills with specialized coursework in entrepreneurship, innovation, and creativity.
Students enrolled in an MBA in Entrepreneurship program typically study topics such as:
• Entrepreneurial finance
• Business planning and strategy
• Innovation and creativity
• Marketing and sales
• Leadership and management
• Legal and ethical issues in entrepreneurship
• Opportunity identification and assessment
• Venture capital and private equity
• Social entrepreneurship
• Negotiation and conflict resolution
The program is designed to provide students with the skills and knowledge needed to identify and evaluate business opportunities, develop effective business plans, secure funding, and manage the growth and development of a business. Graduates of an MBA in Entrepreneurship program are prepared to launch their own businesses or pursue leadership roles in established businesses, start-ups, or venture capital firms.
Upon completion of these programs, graduates may pursue careers as entrepreneurs, startup founders, business consultants, or venture capitalists. They may also choose to work in various industries such as technology, healthcare, finance, or retail. The skills and knowledge gained through these programs can also be useful for individuals who are looking to work in startup companies or in entrepreneurial roles in established companies.
Entrepreneurship MBA Rankings
There are several rankings available for PGDM in Entrepreneurship and MBA in Entrepreneurship programs, both in India and globally. Here are some of the popular ranking lists:
NIRF (National Institutional Ranking Framework) Ranking: The NIRF ranking is released by the Ministry of Education, Government of India, and evaluates colleges and universities based on parameters such as teaching, learning, research, outreach, and perception. In 2021, the Entrepreneurship Development Institute of India (EDI), Gandhinagar was ranked as the top institution for PGDM in Entrepreneurship.
QS Global MBA Rankings: The QS Global MBA Rankings evaluates business schools worldwide based on parameters such as employability, alumni outcomes, thought leadership, and diversity. In 2022, Stanford Graduate School of Business was ranked as the top institution for MBA in Entrepreneurship.
Financial Times Global MBA Rankings: The Financial Times Global MBA Rankings evaluates business schools worldwide based on parameters such as career progression, salary increase, and research. In 2021, Stanford Graduate School of Business was ranked as the top institution for MBA in Entrepreneurship.
Business Today Rankings: The Business Today Rankings evaluate colleges and universities in India based on parameters such as industry interface, infrastructure, academic excellence, and placement. In 2021, SP Jain Institute of Management and Research, Mumbai was ranked as the top institution for PGDM in Entrepreneurship.
Outlook India Rankings: The Outlook India Rankings evaluate colleges and universities in India based on parameters such as perception, faculty, infrastructure, and placement. In 2020, the Entrepreneurship Development Institute of India (EDI), Gandhinagar was ranked as the top institution for PGDM in Entrepreneurship.
It is important to note that the ranking lists can vary based on the evaluation parameters and methodology used by each ranking agency. Therefore, students are advised to consider multiple ranking lists and evaluate colleges and universities based on their individual requirements before making a decision.
What is PGDM in Business Design?
PGDM in Business Design is a postgraduate diploma program that combines principles of design thinking with business management to develop innovative and effective business strategies. The program focuses on the application of design principles and processes to create products, services, and experiences that meet the needs of customers and businesses.
The PGDM in Business Design program covers a range of topics such as design thinking, customer experience design, service design, product design, business model innovation, marketing and branding, and strategic management. Students are also trained on the latest technologies and tools used in design and business management such as design software, prototyping tools, project management software, and analytics tools.
The program typically has a duration of 1-2 years and includes practical training and experiential learning opportunities such as internships, live projects, and case studies. Upon completion of the program, graduates may pursue careers in a variety of fields such as design consulting, product management, marketing, and strategic planning. They may also choose to start their own businesses or work in entrepreneurial roles in established companies.
PGDM in Business Design is a popular program among students who are interested in developing creative and innovative solutions to business problems. It is important to note that while the program is focused on design thinking, the skills and knowledge gained can also be applied in other areas of business such as marketing, sales, and operations.
What is Diploma in Entrepreneurship?
A diploma in entrepreneurship is an academic program that provides students with the knowledge and skills necessary to start and manage their own businesses. The program typically covers various aspects of entrepreneurship, including business planning, marketing, finance, management, and leadership.
Through a combination of classroom instruction, practical assignments, and hands-on experience, students learn how to identify business opportunities, develop a business plan, create and manage a budget, market their products or services, and lead a team of employees.
The curriculum of a diploma in entrepreneurship may vary depending on the institution offering the program, but it generally aims to equip students with the fundamental principles and strategies of entrepreneurship, as well as the practical skills needed to succeed in the competitive world of business. Graduates of a diploma in entrepreneurship may go on to start their own businesses, work as consultants, or pursue further education in the field of business or entrepreneurship.
PGDM in Entrepreneurship Conclusion
In conclusion, a PGDM in Entrepreneurship is a comprehensive and practical program that equips students with the knowledge, skills, and mindset to succeed in the world of entrepreneurship. The program provides exposure to the entrepreneurship ecosystem, including interactions with successful entrepreneurs, business incubators, and investors. Students learn how to identify business opportunities, create business plans, develop marketing strategies, manage finances, and lead teams. Additionally, the program offers networking opportunities and hands-on experience in business incubation.
Graduates of PGDM in Entrepreneurship programs have a wide range of career opportunities, including starting their own businesses, working in start-ups or small businesses, or pursuing careers in entrepreneurship development, consulting, or venture capital. Overall, a PGDM in Entrepreneurship is an excellent choice for students who want to become successful entrepreneurs or work in the entrepreneurship ecosystem.
Frequently Asked Questions About PGDM in Entrepreneurship
Q. What is PGDM in entrepreneurship?
Ans. PGDM in entrepreneurship is a postgraduate diploma program that provides students with the knowledge and skills required to start and manage their own businesses. The program covers various aspects of entrepreneurship, including business planning, finance, marketing, and leadership.
Q. What is the duration of the PGDM entrepreneurship program?
Ans. The duration of the PGDM in entrepreneurship program is typically two years, consisting of four semesters.
Q. What are the eligibility criteria for admission to the PGDM entrepreneurship program?
Ans. The eligibility criteria for admission to the PGDM in entrepreneurship program may vary depending on the institution offering the program. However, most institutions require a bachelor’s degree from a recognized university or institution with a minimum percentage of marks.
Q. What are the career prospects after completing a PGDM entrepreneurship program?
Ans. After completing a PGDM in entrepreneurship program, graduates may have opportunities to start their own businesses, work as consultants or advisors, or work in management positions in established companies.
Q. How is the PGDM entrepreneurship program different from an MBA program?
Ans. While both the PGDM in entrepreneurship and MBA programs cover business management topics, the PGDM in entrepreneurship program is specifically designed for students interested in starting and managing their own businesses. The program focuses more on entrepreneurship-specific topics, such as identifying business opportunities, developing a business plan, and raising capital.
Q. What skills can be gained from the PGDM entrepreneurship program?
Ans. The PGDM in entrepreneurship program helps students develop skills such as critical thinking, problem-solving, decision-making, communication, leadership, creativity, and innovation. These skills are essential for success in the field of entrepreneurship.
Q. What is PGDM e-business?
Ans. PGDM E-Business is a postgraduate diploma program that is designed to provide students with the necessary skills and knowledge to manage e-commerce businesses. The program focuses on the application of technology in business operations and teaches students how to leverage digital platforms to reach customers, improve efficiency, and increase profitability.
The PGDM e-business program covers a range of topics such as e-commerce strategy, digital marketing, web analytics, online payment systems, logistics and supply chain management, and cyber law. Students are also trained on the latest technologies and tools used in e-commerce such as customer relationship management (CRM), enterprise resource planning (ERP), and content management systems (CMS).
The program typically has a duration of 1-2 years and includes practical training and experiential learning opportunities such as internships, live projects, and case studies. Upon completion of the program, graduates may pursue careers in e-commerce companies, digital marketing agencies, online marketplaces, or consulting firms. They may also choose to start their own e-commerce ventures or work in entrepreneurial roles in established companies.
PGDM e-business is a popular program among students who are interested in the fast-growing e-commerce industry and want to develop their skills in this domain. It is important to note that while the program is focused on e-commerce, the skills and knowledge gained can also be applied in other areas of business such as marketing, sales, and operations.
