MBA in Entrepreneurship: Jobs, Scope, Placements, Salary 2024, Top Recruiters

Updated on Dec 5, 2024 06:01 IST

MBA in Entrepreneurship Graduates are equipped with the abilities, know-how, and network necessary to pursue entrepreneurial endeavors. The job profiles at which MBA in Entrepreneurship graduates can work at entry level include Product Managers and Business Development Associates. They can earn an average salary ranging from INR 5 lakh to INR 12 lakh at the start.

However, the positions at the mid-senior level can be Startup Founder, Director, or Venture Capital Associate with pay ranging from INR 13 lakh to INR  20 lakh.  At the senior level, they can earn a salary ranging from INR 20 lakh to INR 40 lakh at job profiles like Director or Vice President of a startup and so on.

MBA in Entrepreneurship graduates are employed in a variety of industries, including automobiles, advertising, agriculture, banking, small and medium firm management, information technology, hospitality, fashion management, and so on. The top recruiters for MSW students include the names of Deloitte, Google, Apple, Amazon, JP Morgan, etc.

MBA in Entrepreneurship Career: Quick Facts

  • In recent years, 5.7% of entrepreneurs held an MBA before starting their company, reflecting a 45% increase since 2010.
  • Business and financial occupations are projected to grow by 7% between 2021 and 2031.
  • 10% of MBA graduates become self-employed entrepreneurs.

Top Career Profiles in MBA in Entrepreneurship 

Entrepreneurship is an emerging career among the people with more and more youngsters inclined toward starting their own business. They can choose to either become an entrepreneur or join a company at a higher position. Candidates can have a look at the table below to see the job profiles with details and average salary.

Job Profile Description Average Salary (in INR)
Marketing Manager A Marketing Manager is a professional responsible for planning, executing, and overseeing marketing strategies and campaigns to promote a company's products, services, or brand. INR 2.4 - 25  LPA
Product Manager A product manager is someone who oversees the development and management of a product throughout its lifecycle.  INR 5.7 - 38.1  LPA
Finance Manager A finance manager is a professional responsible for overseeing the financial health of an organization.  INR 3.5 - 33  LPA
Business Analyst A Business Analyst is a professional who works within an organization to analyze, understand, and document the business processes and systems.  INR 3 - 17  LPA
Operations Manager An Operations Manager is responsible for overseeing the production of goods and/or services within an organization.  INR 3 - 21  LPA
HR Manager An HR Manager, or Human Resources Manager, is a professional responsible for overseeing the human resources department within an organization.  INR 2.9 - 19  LPA
CEO A CEO is the top executive in a company responsible for making major corporate decisions, managing overall operations, and leading the organization toward its strategic goals.  INR 15 LPA - 1 Cr.
Department Manager A Department Manager is a professional responsible for overseeing the operations, activities, and staff within a specific department of a company or organization.  INR 2.5 - 18.9  LPA
Project Manager Project managers are professionals responsible for overseeing the planning, execution, and completion of projects within an organization. INR 4.3 - 30  LPA
Sales Manager A Sales Manager is a professional responsible for leading and managing a team of sales representatives or a sales department within an organization. INR 2.2 - 16  LPA

Note: The average salary has been taken from Ambitionbox.com.

Helpful Links for MBA in Entrepreneurship: 

Careers in MBA

Specialisation Wise Salary for MBA Entrepreneurship Graduates in India

The salary offered to MBA in Entrepreneurship graduates also varies as per the specialization chosen during graduation. The salaries shared below reflect not only the specialization, but also other factors such as company size, experience, industry, and location.

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

NoteThe salary data has been sourced from external links.

Emerging Trends in MBA in Entrepreneurship

Emerging trends in MBA in Entrepreneurship programs reflect the evolving landscape of business and the skills required to succeed in today’s market.

Candidates can see the following trends that they can witness in their career after pursuing an MBA Entrepreneurship:

  • Digital Transformation: Increased focus on digital tools and technologies, including data analytics, AI, and automation, to prepare students for a tech-driven business environment.
  • Sustainability and Corporate Social Responsibility (CSR): Growing emphasis on sustainable business practices and ethical decision-making, with courses dedicated to environmental impact and social responsibility.
  • Soft Skills Development: Emphasis on leadership, communication, and teamwork skills, recognizing their importance in effective management and collaboration.
  • Financial Technology (FinTech): Growing integration of financial technology topics in finance courses, preparing students for careers in this rapidly evolving sector.

MBA in Entrepreneurship Scope in India: Jobs, Salary, and Further Education

MBA in Entrepreneurship graduates have immense opportunities in the government and private sectors which are well-paying opportunities and cater to the career plans of the candidates.

Some of the common industries in which MBA graduates can find employment on the basis of popular cities are mentioned in the table below:

Sector Description
Healthcare The 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.
Automobile Deals with designing, manufacturing, mechanical mechanisms as well operations of automobiles.
Food and Beverage In the Food and Beverage Service industry aspirants can work in restaurants, hotels, food stalls, etc. 
Marketing  Deals with marketing and promoting a product for increased sales and revenue

Note: The information is taken from external sites and may vary.

Courses after MBA Entrepreneurship

After completing an MBA in Entrepreneurship, graduates have several options for further education to enhance their skills and career prospects. These courses can enhance knowledge, skills, and career opportunities in various fields after an Entrepreneurship MBA.

 Here are some popular courses with descriptions:

Courses

Description

Chartered Financial Analyst (CFA)

A professional credential focused on investment management and financial analysis, ideal for careers in finance and investment banking.

PH.D in Business or Entrepreneurship It is a Doctorate Course that focuses on advanced studies and research in the field of Business.
PH.D in Management A Doctorate Degree that offers an extensive exploration of Business Management and administration

Top Recruiters for MBA Entrepreneurship Graduates

MBA Entrepreneurship people can work in various industries such as automobiles, marketing, agriculture, banking, construction, insurance, mining, etc. Students can see the table below to know the industries where MBA graduates can find employment.

Top Employment Areas for MBA Entrepreneurship Graduates
Healthcare  Automobiles
Banking Insurance
Private Companies Food and Beverages

Industry Wise Top Recruiters for MBA Entrepreneurship Graduates

The various recruiters based on specializations hire MBA graduates through placement drives conducted in top colleges. The various recruiters based on specialization pursued in MBA include the following:

Healthcare Recruiters
Apollo  Fortis Medanta
Piramal Sun Pharma Cipla
Banking Recruiters
HDFC ICICI American Express
Mastercard Square Paytm
Automobile Recruiters
Tesla Ford Mahindra
Maruti BMW Hero
Food and Beverage Recruiters
Coca-Cola Nestle Amul
Gyan ITC Foods Hindustan Unilever
Private Organisations
Amazon Google

Infosys

Zomato

Flipkart

Wipro

Top MBA Entrepreneurship Colleges for Placements

A number of management colleges are popular for their placement opportunities and the high range of domestic and international packages offered to the candidates. These colleges not only provide placement opportunities but also ensure good placements for the students.

Some of the top colleges and their placement report for 2024 are given in the table below:

MBA Entrepreneurship College Average Salary (in INR)
Symbiosis Institute of Business Management INR 25 LPA
BITS School of Management (BITSoM) INR 23 LPA
Symbiosis Centre for Management & Human Resource Development INR 22.8 LPA
IMT Ghaziabad INR 16.29 LPA
IIM Nagpur INR 16 LPA
International Management Institute INR 12.48 LPA
University Business School, Chandigarh INR 12.42 LPA
Institute of Management, Nirma University INR 11 LPA
Delhi Technological University, East Delhi INR 11 LPA
Universal AI University INR 10.77 LPA
IIT Jodhpur INR 10.7 LPA

Note: The information is sourced from the official/counseling body and may vary.

FAQs About MBA Entrepreneurship Jobs

Q. What are Job Opportunities after completing MBA in Entrepreneurship?

A. Graduates of MBA Entrepreneurship have a special combination of business expertise, entrepreneurial abilities, and creative thinking that may be used in a variety of professions.

Many MBA entrepreneurs decide to launch their own companies. They collaborate closely with cross-functional teams to make sure the product satisfies customer demands and business goals. Some business owners also opt to open franchises and operate well-known brands companies with the help of franchisors.

Q. How to start a career after MBA Entrepreneurship?

A. People who complete MBA Entrepreneurship mostly commence their own business. It is important for them to have a business idea and the right plan to execute that idea. They also need to ensure that their business concepts, targets, competition analysis, financial predictions, and growth strategy are all included in their thorough business plan.

Also Read: Entrepreneurship Courses

Q. What is Entrepreneurship?

A. Entrepreneurship is a multi-skilled, multifaceted sector. If used properly, entrepreneurship can lead to significant growth, making one wealthy and well-known. Entrepreneurship is not for those who cannot survive without money.

For months or perhaps years, there is no assurance that profits will be predictable. Conceptualising, starting, and operating a business enterprise to offer goods and services, create jobs, generate income, and support the national economy are all considered to be aspects of entrepreneurship.

Also Read: Top 10 MBA in Entrepreneurship Institutes in India

Q. What is MBA Entrepreneurship salary in India?

A. MBA Entrepreneurship graduates can work at the below-mentioned job profiles:

Careers in Entrepreneurship 
Startup Founder Business Coach or Mentor
Social Entrepreneurship Innovation Manager
Venture Capitalist Business Consultant
Angel Investor Entrepreneurial Educator

Q. What is MBA Entrepreneurship salaries?

A. The success and profitability of their businesses, the industry they work in, the stage of their company, as well as individual aspects like experience, abilities, and market demand, can all have a significant impact on an entrepreneur's pay. The salaries are given as follows:

  • Entry level Entrepreneur: At this stage, entrepreneurs typically reinvest their earnings back into the business to support its growth. They may also rely on funding from investors or personal savings.
  • Mid-level Entrepreneur: The salary of a mid-level entrepreneur can range from around INR 5 lakhs to INR 20 lakhs per annum, depending on the size, profitability, and industry of the business.
  • Senior-level Entrepreneur: Their income can range from INR 20 lakhs to several crores per annum, depending on the scale and success of their ventures.

Q. Is field of Entrepreneurship challenging?

A. Students can read the below point to know the challenges faced by entrepreneurs:

  • Risk and ambiguity: Entrepreneurship is fundamentally about taking chances and coping with ambiguity. Since success is not guaranteed, entrepreneurs must be prepared to handle likely failures, financial risks, and market unpredictability.
  • Financial Restraints: Financial resources are necessary for launching and expanding a business. It might be difficult to obtain finance, control cash flow, and ensure the venture's financial sustainability, especially in the beginning.
  • Competition:Entrepreneurs in the majority of industries must compete with competing startups and established businesses.It might be difficult to stand out from the competition, draw clients, and gain market share in a cutthroat environment
  • Scaling and Growth: Scaling a business can present challenges, including operational complexities, infrastructure requirements, and maintaining the quality and consistency of products or services as the company expands.

Q. Can I become CEO after MBA in Entrepreneurship?

A. Yes, MBA Entrepreneurship graduates can work as CEOs. However, becoming a CEO often requires a combination of elements, including your credentials, experience, skills, and professional advancement, especially in a big and well-established company. People who have experience of their own business also have a great scope to work at this position.

Q. What the basic concepts of Entrepreneurship?

A. Some of the key concepts related to Entrepreneurship are stated in the table below:

Basic Concepts of Entrepreneurship
Opportunity It is a favorable and promising circumstance or situation that entrepreneurs identify as a potential business idea. 
Innovation It is the development or adoption of fresh concepts, ideas, goods, or methods that benefit consumers or provide creative solutions to issues.
Market Analysis Market analysis entails evaluating several aspects of the target market, such as consumers, rivals, trends, and demand. 
Business Plan A business plan is a formal document that covers the objectives, plans, and day-to-day operations of a company. Market research, financial forecasts, marketing and sales plans, and an overall business plan are frequently included. 

Q. What are the average salary of an MBA Entrepreneurship graduate according to their job position?

A. MBA Entrepreneurship is a specialized Master of Business Administration (MBA) programme created for people who wish to start, run, or build their own enterprises or who want to pursue entrepreneurship as a career. If a business takes off, an MBA Entrepreneurship graduate can earn a good income. The salary after MBA Entrepreneurship can range between INR 5 lakh to 40 lakh and above depending upon the success of a business.

The table below hints at the employment positions for MBA Entrepreneurship graduates:

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

The income of Startup Founder Varies as per business 

Note: The salary data has been sourced from external links.

Q. How to Start a Career After MBA Entrepreneurship?

A. Utilising your expertise, networking, acquiring real-world experience, and actively seeking out business possibilities are all necessary when beginning a job after earning an MBA in Entrepreneurship. Students can see the below points that can help them in shaping their careers:

  • Identify Your Strengths and Weaknesses: Candidates need to identify their strengths and weaknesses, if they wish to start their own business or start-up. As they will be their own boss, they need to know their plus and minus points both.
  • Develop a Business Idea: If you have a company idea, develop it based on customer and market research. If not, begin by choosing a challenge or opportunity that appeals to you, then come up with a list of potential solutions.
  • Apply Real Experience: Launch your entrepreneurial endeavour if you have a strong company plan and money in place. Be ready to change course as you learn from real-world experience.

Q. Which are the Indian Cities to Get Lucrative Jobs After MBA Entrepreneurship?

A. Most top-tier cities offer vibrant job markets for MSW graduates. As MSW jobs in India include a wide range of industries and provide extensive learning opportunities, students can find employment and career progression in cities like 

City

Job Opportunities

Average Annual Salary (in INR)

Delhi

Healthcare institutions, Banking, Automobile, Private Organisations

INR 4 lakh- INR 6 lakh

Mumbai

Food and Beverage, Healthcare, Private Organisations

INR 6 lakh - INR 10 lakh

Pune

Healthcare, Automobile, Educational Institutions

INR 5 lakh- INR 8 lakh

Hyderabad

Opportunities in Healthcare, and Private Organisations

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, and 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 Organisations

INR 4.5 lakh- INR 6.5 lakh

Q. What are the salary range of MBA in Entrepreneurship graduate in Abroad?

A. MBA Entrepreneurship graduates can seek exciting job opportunities in popular job destinations such as UKUSA, CanadaAustralia, Germany, New Zealand. etc. The salary depends on various factors such as cost of living, location of the country, specialisation, years of experience, industry, etc. The salary ranges of the following countries are given in the table below. 

Here entry level refers to 0-3 years experience, Mid and Senior levels denote 3-7 years and 7+ years experience respectively. 

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

Disclaimer: The above salary data has been obtained from external sites.

Popular Exams

Following are the top exams for MBA in Entrepreneurship. Students interested in pursuing a career on MBA in Entrepreneurship, generally take these important exams.You can also download the exam guide to get more insights.

19 Dec ' 24

CAT 2024 result announcement

3 Dec ' 24 - 5 Dec ' 24

CAT 2024 answer key challenge

24 Dec ' 24 - 2 Mar ' 25

MAT 2024 Registration Process PBT (February)

24 Dec ' 24 - 9 Mar ' 25

MAT 2024 Registration Process CBT (February)

5 Jan ' 25 - 10 Jan ' 25

NMAT 2024 Scheduling Window (second phase)

5 Jan ' 25 - 10 Jan ' 25

NMAT 2024 Registration Window (second phase)

25 Dec ' 24 - 25 Jan ' 25

MAH CET 20245 registration process

Mar '25

MAH MBA CET 2025

TENTATIVE

Popular MBA in Entrepreneurship Specializations

Following are the most popular MBA in Entrepreneurship Specializations . You can explore the top Colleges offering these Specializations by clicking the links below.

Popular Specializations

Popular MBA in Entrepreneurship Colleges in India

Following are the most popular MBA in Entrepreneurship Colleges in India. Learn more about these MBA in Entrepreneurship colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
1 Course
15 L

#9 NIRF

1 Course
17.2 L
25 LPA

#13 NIRF

1 Course
1.3 L
3.0

#25 NIRF

5.6 L - 6.28 L
4.3

#36 NIRF

Entrepreneurship Applications open. Apply Now

8 L - 9.6 L
7.25 LPA

#38 NIRF

Entrepreneurship Applications open. Apply Now

1 Course
20.8 L
16.29 LPA

#35 NIRF

Popular Private MBA in Entrepreneurship Colleges in India

3.84 L

#35 Times

1 Course
9.85 L
12 LPA

#100 Times

TOP B-School in India with 200% ROI | 100 % Placements | Highest Sal -19 LPA, Avg Sal -7 LPA
9.87 L
4.2

#39 Times

1 Course
7.45 L
4.3

Top 25 in Gujarat

1 Course
16 L

Entrepreneurship Applications open. Apply Now

11.5 L
qna

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Guna

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Abhishek Singh

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Yes, pursuing an MBA at LEAD college of management can be worth it, as the college has good placement record an ofer a varity of opportunity for student.

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Fee of MBA course of this college for one year is 67000 and total fee is charged by the college is134000 for this course.

 

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Aishwarya Bhatnagar

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Beginner-Level 5

Answered 2 days ago

Applications to the MBA at Narsee Monjee Institute of Management Studies, NMIMS, are now open from January 3, 2025. It includes details like admission and fees, cut-off, and many other eligibility criteria-related information.
 
*Admission Schedule*
Closing Date of Application: Oct 30, 2024

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Shejal agrawal

Contributor-Level 10

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