Start-up India is one of the major initiative started by Government of India. Today, India is the third largest start-up ecosystem in the world with an ever increasing number of start-up incubators and accelerators in the world after China and the US, according to a report by IT industry body National Association of Software and Services Companies (NASSCOM). The Indian start-up ecosystem is getting a major incentive from various factors like massive funding, consolidation activities, evolving technology and an burgeoning domestic market. But with all these facilities, 90% of the start-ups fail within the first two years of origin. This is due to lack of managerial competence among of the entrepreneurs.
Successful entrepreneurs are made and not born. The abilities and attitude of successful entrepreneurs can be honed by rigorous training and exposure to real world problems. It requires a systematic yet flexible curriculum that will not only train the entrepreneurs in various managerial aspects of business but also provide real world experience that will speed up the learning curve exponentially. All these aspects are available in business management courses in Bangalore with Entrepreneurship as specialization.
Many aspiring entrepreneurs are full of creative and innovative ideas but lack the fundamental business knowledge needed to thrive in a competitive marketplace. That’s where an MBA comes in . top business schools in bangalore MBA in entrepreneurship programs blends academic theory with real-world experience. It adds immense value by providing in-depth knowledge about all the components of business like day-to-day administration along with accounting, finance, sales and marketing. This business knowledge and skills will boost the confidence of the entrepreneur to take up calculated risk, which is very essential for the success of any business. It gives the future entrepreneurs valuable tools to help them mitigate risk and increase the probabilities of success.
MBA in entrepreneurship will help in transforming ideas into a thriving businesses by not only providing a platform for exhibiting business ideas, but also by improving them according to the needs of market. top mba colleges in karnataka act as Incubation Centers where dreams are made into reality by mentoring and connecting them to venture capitalist which usually are the alumni of the institution.
MBA in entrepreneurship is not only for youth with family business or to those who want to start their own enterprises but also to people who want to be successful in their career. Thus MBA in entrepreneurship gives an opportunity to have hands on experience. develop networking and provides a safe and creative space to not only come-up with novel ideas but also to experiment with them without the fear of failure. For mba admission in bangalore visit Adarsh AIMIT.