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MBA in Entrepreneurship at GITAM, Gandhi Institute of Technology and Management
Visakhapatnam, Andhra Pradesh
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About the Specialization
What is Entrepreneurship at GITAM, Gandhi Institute of Technology and Management Visakhapatnam?
This Entrepreneurship program at Gandhi Institute of Technology and Management focuses on cultivating innovative mindsets and practical business skills for dynamic Indian markets. It emphasizes opportunity recognition, business model development, and venture launch within the vibrant Indian startup ecosystem, preparing students to lead new initiatives effectively.
Who Should Apply?
This program is ideal for aspiring founders and innovators, recent graduates eager to launch their ventures, and professionals looking to drive entrepreneurial growth within existing organizations. It also suits individuals passionate about social impact and those from family business backgrounds aiming to modernize and expand their legacy effectively.
Why Choose This Course?
Graduates gain skills crucial for launching and scaling ventures in India. Career paths include startup founder, business consultant, venture capitalist, or innovation manager. Entry-level salaries typically range from INR 4-7 lakhs, with significant growth potential up to 15-25 lakhs for experienced entrepreneurs or senior roles within the Indian context.
Student Success Practices
Foundation Stage
Master Business Fundamentals- (Semester 1-2)
Focus deeply on core MBA subjects like Accounting, Finance, Marketing, and Operations. These provide the essential building blocks for any successful entrepreneurial venture. Form study groups and actively seek out real-world case studies to understand theoretical applications and market dynamics.
Tools & Resources
Coursera (for business basics), Harvard Business Review cases, GITAM''''s library resources, peer learning platforms
Career Connection
A strong grasp of fundamentals helps in developing robust business plans, understanding financial statements, and making informed strategic decisions for future ventures in India.
Immerse in Startup Culture & Ideation- (Semester 1-2)
Actively participate in campus entrepreneurship clubs, workshops, and hackathons. Begin brainstorming business ideas by identifying market gaps and unmet needs in the Indian context. Seek feedback from faculty mentors and industry experts during these initial stages of concept development.
Tools & Resources
GITAM Entrepreneurship Cell, Startup Weekend events, LinkedIn for networking with local founders, business ideation tools like Lean Canvas
Career Connection
Early exposure to ideation and validation processes hones critical thinking and problem-solving skills, essential for identifying viable startup opportunities and adapting to market needs.
Develop Core Communication & Presentation Skills- (Semester 1-2)
Entrepreneurship demands effective communication to pitch ideas, attract investors, and build teams. Focus on improving public speaking, negotiation, and professional writing. Utilize opportunities in soft skills courses and group presentations to refine these abilities, crucial for stakeholder engagement.
Tools & Resources
Toastmasters International clubs (if available), presentation software (Canva, PowerPoint), constructive feedback from professors and peers
Career Connection
Strong communication is vital for pitching business ideas to investors, convincing early employees, and effectively marketing products or services to diverse audiences in the Indian market.
Intermediate Stage
Drive Live Projects and Build Industry Network- (Semester 3-4)
Actively seek out significant live projects, incubatee programs, or internships within the startup ecosystem. Focus on solving real-world challenges, validating business models, and building strong relationships with founders, mentors, and investors. Participate in pitch competitions to refine your venture''''s appeal.
Tools & Resources
GITAM''''s incubation center, local startup networks (e.g., T-Hub, NASSCOM 10K Startups), LinkedIn, Startup India initiatives, business plan contests
Career Connection
This hands-on experience provides crucial practical skills, industry credibility, and networking opportunities vital for launching your own venture or securing strategic roles in high-growth companies.
Specialize in Funding & Legal Strategy- (Semester 3-4)
Deep dive into the intricacies of entrepreneurial finance, including venture capital, private equity, angel funding, and government grants like SIDBI and Startup India Seed Fund Scheme. Understand intellectual property rights, company registration, and compliance to build a legally sound and investable venture.
Tools & Resources
Specialized workshops, legal startup clinics, industry expert sessions, financial modeling software, official government portals
Career Connection
A strong grasp of financial and legal aspects is indispensable for fundraising, protecting your business, and successfully scaling operations within the Indian regulatory landscape.
Develop Leadership and Exit Strategies- (Semester 3-4)
Cultivate leadership skills by taking initiative in team projects, mentoring juniors, and managing complex tasks. Explore various exit strategies for ventures, such as IPOs, acquisitions, or secondary sales, and understand their implications for founders and investors. This strategic foresight is crucial for long-term entrepreneurial success.
Tools & Resources
Leadership development programs, case studies on successful Indian entrepreneurs, alumni talks, business simulation games, industry conferences
Career Connection
These skills prepare you not only to lead and grow a business but also to make strategic decisions that maximize stakeholder value and ensure sustainable long-term success in the competitive market.
Advanced Stage
Program Structure and Curriculum
Eligibility:
- A Bachelor’s Degree or equivalent from a recognized University with at least 50% aggregate marks. Valid score in GAT (PGT)/CAT/MAT/XAT/NMAT/CMAT/GMAT.
Duration: 2 years / 4 semesters
Credits: 92 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23FSM701 | Management Process & Organizational Behavior | Core | 4 | Management concepts, Functions of management, Organizational structures, Leadership styles, Motivation, Group dynamics |
| 23FSM702 | Managerial Economics | Core | 4 | Demand analysis, Production theory, Cost analysis, Market structures, Pricing strategies, Business cycles |
| 23FSM703 | Accounting for Managers | Core | 4 | Financial accounting principles, Financial statements, Costing methods, Budgetary control, Variance analysis, Ratio analysis |
| 23FSM704 | Business Statistics | Core | 4 | Descriptive statistics, Probability distributions, Sampling, Hypothesis testing, Regression analysis, Correlation analysis |
| 23FSM705 | Business Communication & Soft Skills | Core | 4 | Communication barriers, Presentation skills, Negotiation skills, Report writing, Interpersonal communication, Teamwork |
| 23FSM706 | Business Analytics for Decision Making | Core | 4 | Data types, Data visualization, Predictive modeling, Optimization techniques, Decision theory, Business intelligence applications |
| 23FSM707 | Industry Internship | Internship | 0 | Workplace experience, Industry practices, Skill application, Professional development, Report writing, Presentation |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23FSM708 | Human Resource Management | Core | 4 | HR planning, Recruitment and selection, Training and development, Performance management, Compensation management, Industrial relations |
| 23FSM709 | Marketing Management | Core | 4 | Market segmentation, Product life cycle, Pricing strategies, Promotion mix, Distribution channels, Consumer behavior |
| 23FSM710 | Financial Management | Core | 4 | Capital budgeting, Working capital management, Cost of capital, Capital structure, Dividend policy, Valuation of securities |
| 23FSM711 | Operations Management | Core | 4 | Production planning, Inventory control, Quality management, Supply chain management, Project management, Lean systems |
| 23FSM712 | Research Methods for Business | Core | 4 | Research design, Sampling methods, Data collection, Questionnaire design, Data analysis tools, Report writing |
| 23FSM713 | Management Information Systems | Core | 4 | Information systems types, Database management, E-commerce, Cybersecurity, IT infrastructure, Decision support systems |
| 23FSM714 | Industry Internship | Internship | 0 | Workplace immersion, Practical problem-solving, Industry networking, Skill enhancement, Project documentation, Presentation |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23FSM801 | Strategic Management | Core | 4 | Strategic analysis, Strategy formulation, Strategy implementation, Corporate governance, Competitive strategy, Mergers and acquisitions |
| 23FSM802 | Business Ethics & Corporate Governance | Core | 4 | Ethical frameworks, Corporate Social Responsibility, Corporate governance principles, Stakeholder management, Ethical decision-making, Whistle-blowing |
| 23FSE701 | Entrepreneurial Finance | Elective (Entrepreneurship Specialization - Student chooses 4 from 8 available for Semesters 3 & 4) | 4 | Sources of startup capital, Business valuation, Financial planning, Angel investors, Venture capital funding, Exit strategies |
| 23FSE702 | Family Business Management | Elective (Entrepreneurship Specialization - Student chooses 4 from 8 available for Semesters 3 & 4) | 4 | Family business dynamics, Sccession planning, Governance structures, Conflict resolution, Professionalization, Generational transitions |
| 23FSE703 | Innovation & Technology Management | Elective (Entrepreneurship Specialization - Student chooses 4 from 8 available for Semesters 3 & 4) | 4 | Innovation process, Technology strategies, Intellectual property, R&D management, Product commercialization, Diffusion of innovation |
| 23FSE704 | Managing Start-ups & Growth Ventures | Elective (Entrepreneurship Specialization - Student chooses 4 from 8 available for Semesters 3 & 4) | 4 | Business model generation, Lean startup methodology, Market entry strategies, Scaling operations, Team building, Legal compliance |
| 23FSO801 | Contemporary Marketing Strategies | Open Elective (Student chooses 1 from 12 available) | 4 | Digital marketing, Social media marketing, Content marketing, Branding strategies, Customer relationship management, Marketing analytics |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23FSM803 | Data Analytics for Business Decisions | Core | 4 | Big data concepts, Machine learning basics, Predictive analytics, Data visualization, Business intelligence, Decision support systems |
| 23FSM804 | Legal Aspects of Business | Core | 4 | Indian Contract Act, Company Law, Intellectual Property Rights, Consumer Protection Act, Cyber Laws, Competition Law |
| 23FSE705 | Social Entrepreneurship | Elective (Entrepreneurship Specialization - Student chooses 4 from 8 available for Semesters 3 & 4) | 4 | Social problems, Hybrid business models, Impact measurement, Funding social ventures, Sustainable Development Goals, Ethical considerations |
| 23FSE706 | Venture Capital & Private Equity | Elective (Entrepreneurship Specialization - Student chooses 4 from 8 available for Semesters 3 & 4) | 4 | Fundraising strategies, Due diligence process, Investment appraisal, Exit mechanisms, Limited partners, General partners |
| 23FSE707 | Design Thinking for Entrepreneurship | Elective (Entrepreneurship Specialization - Student chooses 4 from 8 available for Semesters 3 & 4) | 4 | Empathy phase, Ideation techniques, Prototyping methods, Testing solutions, User-centered design, Problem-solving |
| 23FSE708 | Entrepreneurship Ecosystem & Policy | Elective (Entrepreneurship Specialization - Student chooses 4 from 8 available for Semesters 3 & 4) | 4 | Ecosystem components, Government policies, Startup hubs, Incubators and accelerators, Global trends, Indian startup landscape |
| 23FSP899 | Project Work | Project | 4 | Research methodology, Problem identification, Data analysis, Report writing, Presentation skills, Project management |
