MBA In Entrepreneurship & Family Business : Careers, Market Trend, Growth, Salary & Top B-Schools
MBA in Entrepreneurship and Family Business are
offered by many top MBA colleges for giving a boost to entrepreneurship
ventures and to expand and modernize the family business. Being an entrepreneur
is a dream come true for lots of people because of the independent work
environment, challenging atmosphere, desire to fulfill the dream etc. In this article, we will discuss on the Market Growth and Trends, Career Growth,
Salary, Top companies, top colleges that offer MBA in Entrepreneurship &
Family Business.
Market Growth and Trends
Family businesses play an important role in the
economy of a country. Just like the global scenario, India is no exception to
the fact that family-run businesses account for more than 85% of businesses.
Also, 67% of the total companies with more than US$ 50 million market capital
accounts for family businesses. With Reliance and Godrej being prime examples,
a lot of smaller retail trade as well as small scale industries, are also run
by family-owned businesses.
MBA in Entrepreneurship and Family Business holds
much demand as it holds the objective to expand and modernize the family
business to make it a successful and growth-oriented business. Today lots of
students are motivated towards the venture of entrepreneurship and indulge in
boosting their family business. MBA in Entrepreneurship & Family Business
has an additional demand as it offers another additional course called Woman
Entrepreneurship.
Career Growth
There are endless opportunities for graduates of
MBA in Entrepreneurship & Family Business. This is one specialization which
allows one to enter into an industry and create a demand previously
non-existent. Entrepreneurship gradually rose as an attractive career path due
to tremendous changes in economic activity, not only across the world but
also in India.
Entrepreneurship is a profession that provides a great sense of independence and job satisfaction. Some of the popular job
titles are Small Business Owners, Business Consultants, Business Reporters,
Fundraisers and Development Officers, ales Managers, New Venture Developers
etc.
Course Content
MBA in Entrepreneurship and Family Business holds
several subjects such as Business Environment and Strategy, Communication,
Economics, Human Resource and Behavioral Sciences, Finance, Operations and
Decision Sciences, Operations and Decision Sciences, Seminar Courses/Workshops,
Case Writing Projects, Building and Leading Sales Team, CEO, Research
Methodology for Entrepreneurs etc. Entrepreneurship is all about ideas and
innovation and MBA in Entrepreneurship and Family Business gives students the
perfect skills to make those ideas a resounding success.
Jobs after MBA in Entrepreneurship & Family Business
Candidates can find typical job areas such as
owning a business, jobs in industries, placements in industries, Office
Administration, Accounting, Sales etc. Apart from this, there are opportunities
such as Business Consultants, Business Reporters etc. One can even join their
own family business and take it to new heights through skill and innovation.
Salary
The typical salary offer after the course varies
between 5-7 lakhs per year. The salaries vary from hard work, dedication, and
effort. Once settled with a reputation in business or as the head of the
organization, the earnings have a very high potential.
The top companies that offer jobs are Venture
Storm, Linked in, AngelList, Talentdash, Gravity, Idea, Zoho, Amazon, etc. Apart
from these, companies such as Hindustan Unilever Ltd, Wipro, TCS, Dell,
Deloitte & Touche LLP, ICICI bank also offer recruitment opportunities for
candidates.
Top Colleges offering MBA In Entrepreneurship & Family Business
The top colleges that offer MBA in
Entrepreneurship & Family Business are:
- Indian School of Business
- IIM Bangalore
- School of Business Management,
- NMIMS Mumbai
- Xavier Institute of Management & Entrepreneurship (Bangalore)
- ISBR Business School
- GIBS Business School
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