.png&w=1920&q=75)
MBA in Entrepreneurship Family Business at Jain Institute of Business Management
Ramanagara, Karnataka
.png&w=1920&q=75)
About the Specialization
What is Entrepreneurship & Family Business at Jain Institute of Business Management Ramanagara?
This Entrepreneurship & Family Business MBA program at Jain Institute of Business Management focuses on cultivating innovative leadership and strategic acumen for new ventures and established family enterprises. It delves into the dynamics of starting and scaling businesses, alongside the unique challenges and opportunities within India''''s thriving family business landscape. The curriculum emphasizes practical application and real-world scenarios relevant to the Indian market.
Who Should Apply?
This program is ideal for aspiring entrepreneurs eager to launch their own startups, individuals from established business families looking to professionalize and expand their legacy, and professionals aiming to drive innovation within existing organizations. It caters to fresh graduates seeking entry into the dynamic startup ecosystem and experienced professionals looking to upskill in venture creation and family business management.
Why Choose This Course?
Graduates of this program can expect to launch successful startups, lead generational transitions in family businesses, or secure roles in venture capital, private equity, and startup consulting firms. Entry-level salaries typically range from INR 6-10 LPA, with experienced professionals commanding INR 15-30 LPA or more. Growth trajectories often involve leadership positions, successful entrepreneurial ventures, and impactful contributions to India''''s economic development.
Student Success Practices
Foundation Stage
Build a Strong Management Core- (Semester 1-2)
Focus intently on core MBA subjects like Marketing, Finance, and Operations. These fundamentals are crucial for building a comprehensive business understanding, regardless of specialization. Participate actively in classroom discussions and seek clarity on concepts.
Tools & Resources
Textbooks, case studies, business journals, peer study groups, faculty office hours
Career Connection
A strong foundation ensures better comprehension of advanced specialization topics and provides a holistic perspective essential for any leadership role or entrepreneurial venture.
Explore Entrepreneurial Ideas and Networks- (Semester 1-2)
Attend university-organized entrepreneurship workshops, guest lectures by founders, and local startup meetups. Begin brainstorming potential business ideas and network with peers who share entrepreneurial aspirations. Develop early communication and presentation skills.
Tools & Resources
Jain University Entrepreneurship Cell, NASSCOM 10,000 Startups events, LinkedIn, business pitch competitions
Career Connection
Early exposure to entrepreneurial thinking and networking builds a pipeline of ideas and contacts, critical for future venture creation and understanding the startup ecosystem.
Develop Data-Driven Decision Making Skills- (Semester 1-2)
Master business statistics and analytics tools taught in core courses. Practice applying these skills to real-world business problems through case studies and small projects. Understanding data is vital for validating business ideas and making informed decisions.
Tools & Resources
Microsoft Excel, R/Python basics, Google Analytics, business simulation games
Career Connection
Proficiency in analytics is highly valued in both startups and established businesses, enabling data-backed strategic planning and operational efficiency.
Intermediate Stage
Engage in Mini Project / Internship with Startups/Family Businesses- (Semester 3)
Actively seek a mini-project or internship role within a startup or a family-owned business. This hands-on experience will provide practical exposure to new venture creation, operational challenges, and the unique dynamics of family enterprises in India. Focus on contributing tangibly.
Tools & Resources
University career services, startup incubators, AngelList, personal networking, local chambers of commerce
Career Connection
Practical experience significantly enhances your resume, provides industry contacts, and helps you apply theoretical knowledge in a real business setting, preparing you for immediate roles.
Participate in Business Plan Competitions- (Semester 3)
Form a team and develop a comprehensive business plan for a novel idea. Participate in intra-college and inter-college business plan competitions. This hones ideation, market research, financial planning, and presentation skills under competitive pressure.
Tools & Resources
Business Model Canvas, Lean Startup methodology, Pitch Deck templates, mentors from university entrepreneurship cell
Career Connection
Winning or even participating in such competitions provides valuable feedback, visibility, networking opportunities with investors, and a strong foundation for launching your own venture.
Deep Dive into Specialization Electives- (Semester 3)
Focus intensely on the Entrepreneurship and Family Business specialization electives like Family Business Management and New Venture Creation. Engage with faculty for deeper insights, read relevant books, and discuss case studies to understand the nuances of this domain.
Tools & Resources
Harvard Business Review articles, specific industry reports, guest speaker sessions, online courses on Coursera/edX
Career Connection
Specialized knowledge makes you a subject matter expert, highly desirable for roles focused on new business development, strategic planning in family firms, or entrepreneurial consulting.
Advanced Stage
Execute a Comprehensive Major Project- (Semester 4)
Undertake a robust Major Project focusing on either a detailed business plan for a new venture, a strategic growth plan for a family business, or a market feasibility study for an innovative product/service. Apply all learned concepts and analytical skills.
Tools & Resources
Academic research databases, industry reports, expert interviews, statistical software (SPSS, R)
Career Connection
A well-executed major project serves as a capstone, demonstrating your ability to conduct independent research, solve complex business problems, and can be a direct launchpad for your entrepreneurial career or a strong portfolio piece.
Network with Investors and Industry Leaders- (Semester 4)
Actively network with angel investors, venture capitalists, and leaders from family businesses through industry events, mentorship programs, and alumni networks. Seek guidance on entrepreneurial finance and career pathways.
Tools & Resources
LinkedIn, industry conferences (e.g., TiEcon), alumni association events, personal introductions
Career Connection
Building a strong professional network is crucial for fundraising, mentorship, job opportunities, and gaining insights into industry trends, significantly impacting your long-term career success.
Prepare for Post-MBA Career Path- (Semester 4)
Whether launching a startup, joining a family business, or seeking corporate roles, prepare diligently. Refine your business plan, practice interview skills, and tailor your resume and cover letter to specific opportunities. Leverage career services for support.
Tools & Resources
Jain University Career Advisory & Placement Services, mock interviews, pitch practice sessions, online professional development courses
Career Connection
Proactive and targeted career preparation ensures a smooth transition post-MBA, leading to desired outcomes, whether it''''s successful venture launch or securing a high-impact position.
Program Structure and Curriculum
Eligibility:
- A candidate who has passed a bachelor''''s degree of minimum three years'''' duration examination of any recognised university, with a minimum of 50% aggregate marks (45% in case of SC/ST category) or equivalent grade. Shall have studied Mathematics/Statistics/Business Mathematics/Business Statistics/Quantitative Techniques as a compulsory or optional subject at 10+2 level or at Degree level.
Duration: 4 semesters / 2 years
Credits: 112 Credits
Assessment: Internal: 50%, External: 50%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23MBA101C | Management and Organisational Behaviour | Core | 4 | Management Process, Organisational Behaviour, Individual Behaviour, Group Dynamics, Organisational Culture, Leadership |
| 23MBA102C | Managerial Economics | Core | 4 | Basic Economic Concepts, Demand Analysis and Forecasting, Production and Cost Analysis, Market Structures, Business Cycles |
| 23MBA103C | Accounting for Management | Core | 4 | Financial Accounting Fundamentals, Cost Accounting, Budgetary Control, Variance Analysis, Financial Statement Analysis |
| 23MBA104C | Business Statistics | Core | 4 | Data Collection and Presentation, Probability Distributions, Hypothesis Testing, Correlation and Regression, Time Series Analysis |
| 23MBA105C | Marketing Management | Core | 4 | Marketing Concepts, Market Segmentation, Product Life Cycle, Pricing Strategies, Promotion Mix, Digital Marketing |
| 23MBA106C | Business Communication and Research Methodology | Core | 4 | Communication Process, Oral and Written Communication, Research Design, Data Collection Methods, Report Writing |
| 23MBA107C | Corporate Social Responsibility | Core | 4 | CSR Concepts, Stakeholder Theory, Ethical Decision Making, Sustainability, CSR Initiatives in India |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23MBA201C | Human Resource Management | Core | 4 | HR Functions, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Management, Compensation Management |
| 23MBA202C | Financial Management | Core | 4 | Financial Goals, Capital Budgeting, Working Capital Management, Cost of Capital, Capital Structure, Dividend Policy |
| 23MBA203C | Operations Management | Core | 4 | Operations Strategy, Process Design, Inventory Management, Quality Management, Supply Chain Management, Lean Operations |
| 23MBA204C | Business Analytics | Core | 4 | Introduction to Analytics, Data Mining, Predictive Analytics, Prescriptive Analytics, Big Data Concepts, Business Intelligence |
| 23MBA205C | Legal Aspects of Business | Core | 4 | Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Company Law, Intellectual Property Rights, Environmental Laws |
| 23MBA206C | Management Information Systems | Core | 4 | Information Systems Concepts, Database Management, ERP Systems, E-commerce, IT Security, Cloud Computing |
| 23MBA207P | Skill Development | Core | 4 | Presentation Skills, Critical Thinking, Interpersonal Skills, Time Management, Leadership Qualities, Employability Skills |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23MBA301C | Strategic Management | Core | 4 | Strategic Planning, Environmental Analysis, Strategy Formulation, Strategy Implementation, Strategic Control, Global Strategy |
| 23MBA302C | International Business Management | Core | 4 | International Trade Theories, Global Business Environment, Foreign Exchange Management, International Marketing, Cross-Cultural Management, International Investment |
| 23MBA303C | Business Ethics & Corporate Governance | Core | 4 | Ethical Theories, Corporate Governance Principles, Whistleblowing, Insider Trading, Business Scams, Social Responsibilities |
| 23MBA304C | Cross Functional Skills for Management | Core | 4 | Interdepartmental Coordination, Problem Solving, Decision Making, Negotiation Skills, Team Building, Conflict Resolution |
| 23MBA305C | Entrepreneurship Development | Core | 4 | Entrepreneurial Mindset, Business Idea Generation, Feasibility Analysis, Business Plan, Startup Ecosystem, SME Management |
| 23MBAEBF301 | Family Business Management | Elective (Specialization) | 5 | Introduction to Family Business, Governance in Family Firms, Succession Planning, Professionalization of Family Business, Wealth Management, Conflict Management in Family Business |
| 23MBAEBF302 | New Venture Creation | Elective (Specialization) | 5 | Idea Generation, Opportunity Recognition, Business Model Canvas, Funding Sources for Startups, Legal Aspects for Startups, Market Entry Strategies |
| 23MBA306P | Mini Project / Internship | Project | 4 | Project Identification, Data Collection and Analysis, Interpretation of Findings, Report Writing, Presentation Skills |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23MBA401C | Global Immersion Program (GIP) / Indian Industry Study (IIS) | Core | 4 | Global Business Environment, Cultural Adaptations in Business, Industry Analysis, International Market Entry Strategies, Cross-Border Operations, Business Practices in India |
| 23MBA402C | Project Management | Core | 4 | Project Life Cycle, Project Planning and Scheduling, Risk Management in Projects, Project Team Management, Project Monitoring and Control, Software Project Management |
| 23MBAEBF401 | Entrepreneurial Finance | Elective (Specialization) | 5 | Sources of Startup Funding, Venture Capital and Angel Investing, Financial Projections for New Ventures, Valuation of Startups, Deal Structuring, Exit Strategies |
| 23MBAEBF402 | Innovation and Technology Management | Elective (Specialization) | 5 | Innovation Process, Types of Innovation, Technology Adoption and Diffusion, Intellectual Property Rights (IPR), Innovation Ecosystems, R&D Management |
| 23MBA403P | Major Project | Project | 6 | Research Problem Formulation, Extensive Data Collection and Analysis, Advanced Analytical Techniques, Comprehensive Report Writing, Viva-Voce Examination |
