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MBA in Entrepreneurship at SRM Institute of Science and Technology
Chengalpattu, Tamil Nadu
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About the Specialization
What is Entrepreneurship at SRM Institute of Science and Technology Chengalpattu?
This Entrepreneurship program at SRM Institute of Science and Technology focuses on nurturing innovative thinkers and future business leaders. It equips students with the strategic insights and practical skills needed to identify opportunities, launch successful ventures, and drive innovation within the dynamic Indian business landscape. The curriculum emphasizes real-world application, critical for India''''s burgeoning startup ecosystem, fostering a mindset of creation and growth.
Who Should Apply?
This program is ideal for aspiring entrepreneurs, family business inheritors, and professionals aiming to lead innovation within existing organizations. Fresh graduates with an innovative mindset, mid-career professionals looking to pivot into venture creation or intrapreneurship, and individuals with a strong desire to contribute to India''''s economic growth through new businesses will find this program highly beneficial, fostering their unique aspirations.
Why Choose This Course?
Graduates of this program can expect diverse career paths as startup founders, venture capitalists, business consultants, or innovation managers in Indian corporates. Entry-level salaries typically range from INR 4-7 LPA, with experienced professionals earning INR 10-25 LPA or more, particularly with successful ventures. The program fosters skills aligned with angel investing networks and incubator support, preparing for robust career progression.
Student Success Practices
Foundation Stage
Build Foundational Business Acumen- (Semester 1-2)
Focus intently on core MBA subjects like Marketing, Finance, HR, and Operations. These provide the essential framework for understanding business functions, critical for any entrepreneurial venture. Actively participate in case studies and discussions to integrate cross-functional knowledge and apply theoretical concepts to practical scenarios.
Tools & Resources
Harvard Business Review cases, Online business news platforms (e.g., Livemint, Economic Times), SRMIST''''s library resources for management texts
Career Connection
A strong understanding of business fundamentals is crucial for developing viable business plans and managing all aspects of a startup effectively, making graduates attractive to early-stage ventures and corporate innovation teams.
Develop Idea Generation & Problem-Solving Skills- (Semester 1-2)
Engage in brainstorming sessions, design thinking workshops, and participate in campus idea pitch competitions. Cultivate a habit of observing market gaps and consumer pain points. Document ideas, however nascent, and actively seek feedback from peers and faculty to refine concepts and explore potential business models.
Tools & Resources
Lean Canvas, Design Thinking methodologies, Campus entrepreneurship clubs, Startup weekends and ideation challenges
Career Connection
Enhances the ability to identify viable business opportunities, a core skill for any entrepreneur, and highly valued for innovation and product development roles in established organizations.
Network with Peers and Early Mentors- (Semester 1-2)
Join campus entrepreneurial clubs and societies. Actively connect with senior students, alumni who are entrepreneurs, and faculty members with industry experience. Attend introductory workshops and seminars on entrepreneurship to expand your network, learn from early-stage founders, and find potential collaborators or mentors.
Tools & Resources
LinkedIn, SRMIST alumni network events, Local startup meetups and community forums, Faculty office hours
Career Connection
Early networking helps in finding co-founders, gaining insights into the entrepreneurial journey, and building a support system, essential for future collaborations and guidance in the Indian startup ecosystem.
Intermediate Stage
Deep Dive into Entrepreneurial Concepts & Electives- (Semester 3-4)
Select entrepreneurship-specific electives and delve into subjects like ''''New Venture Creation,'''' ''''Entrepreneurial Finance,'''' and ''''Social Entrepreneurship.'''' Apply theoretical knowledge to practical scenarios, dissecting startup case studies, and analyzing different business models. Engage in critical thinking about market dynamics and innovation strategies.
Tools & Resources
Relevant academic journals and research papers, Online courses on specific entrepreneurial topics (e.g., NPTEL, Coursera), Industry reports on startup trends and emerging technologies
Career Connection
Builds specialized knowledge and skills directly applicable to launching and managing an entrepreneurial venture, enhancing expertise for specific startup roles, and preparing for managerial positions in high-growth companies.
Undertake a Live Project or Summer Internship- (During and after Semester 2, before Semester 3)
Seek summer internship opportunities with startups, incubators, or venture capital firms to gain firsthand experience in the entrepreneurial ecosystem. Alternatively, work on a self-initiated business idea as a live project, validating the concept and developing a robust business plan under faculty guidance.
Tools & Resources
SRMIST Placement Cell and career services, Startup job portals (e.g., AngelList India, Instahyre), Local incubators and accelerators for project opportunities
Career Connection
Provides practical exposure, builds a professional network, and demonstrates hands-on experience in entrepreneurial activities, crucial for future employment or the successful development of one''''s own venture.
Participate in Business Plan Competitions & Hackathons- (Semester 3-4)
Actively engage in inter-college or national-level business plan competitions, hackathons, and innovation challenges. This provides a platform to refine business ideas, receive expert feedback, and network with potential investors, mentors, and fellow aspiring entrepreneurs, honing pitching and execution skills.
Tools & Resources
E-Cell activities and workshops, National B-Plan competitions (e.g., NVC IITs/IIMs), Industry-specific hackathons and innovation sprints
Career Connection
Builds confidence, refines pitching skills, attracts attention from investors/mentors, and can potentially lead to seed funding or incubation opportunities for a real startup, accelerating the entrepreneurial journey.
Advanced Stage
Execute a Comprehensive Project Work/Venture Development- (Semester 4)
Utilize the final semester''''s project work (21BA5P1W) to develop a detailed business plan for a new venture, conduct in-depth market research, build a prototype (if applicable), or solve a real-world business problem for an existing startup. Focus on measurable outcomes, clear objectives, and a strategic implementation roadmap.
Tools & Resources
Mentorship from faculty and industry experts, Access to incubation centers (if available at SRMIST), Advanced market research tools and data analytics platforms
Career Connection
Serves as a tangible portfolio piece demonstrating entrepreneurial capability, potentially leading to venture launch, attracting seed investment, or securing a strategic role in a high-growth startup or innovation department.
Refine Pitching and Funding Strategies- (Semester 4)
Prepare compelling investor pitches (pitch decks) for your venture idea, practicing articulation of value proposition, market size, team, and robust financial projections. Understand various funding stages (seed, angel, venture capital) and align your strategy accordingly, learning to navigate the Indian investment landscape.
Tools & Resources
Pitch deck templates and best practices guides, Startup workshops focused on fundraising, Mock investor presentations with expert feedback, Networking with angel investors and VCs
Career Connection
Essential for securing capital for one''''s own startup, or for understanding investment dynamics and due diligence in roles like venture analyst, portfolio manager, or investment banking.
Build an Entrepreneurial Network & Seek Mentorship- (Semester 4 and beyond)
Actively expand your professional network beyond the campus, connecting with established entrepreneurs, industry veterans, and potential co-founders. Seek out mentors who can provide guidance on specific aspects of venture building, legalities, market entry, or scaling in the Indian context.
Tools & Resources
Industry conferences and startup expos, SRMIST alumni entrepreneurship forums, Online mentor-matching platforms and startup communities, Attending investor demo days
Career Connection
A strong and diverse network is vital for resource acquisition, market insights, strategic partnerships, and unlocking future career opportunities within India''''s dynamic entrepreneurial ecosystem.
Program Structure and Curriculum
Eligibility:
- Candidates should be a graduate with a minimum aggregate of 50% in any discipline from a recognized University. Should have appeared for CAT/XAT/MAT/CMAT/GMAT/SRMJEEM (PG) etc. and cleared the cut-off scores.
Duration: 4 semesters / 2 years
Credits: 90 Credits
Assessment: Internal: 50%, External: 50%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BA501C | Management Principles and Organizational Behavior | Core | 3 | Introduction to Management, Planning and Decision Making, Organizing and Staffing, Directing and Controlling, Organizational Behavior Concepts, Motivation and Leadership |
| 21BA502C | Managerial Economics | Core | 3 | Economic Principles for Business, Demand and Supply Analysis, Production and Cost Analysis, Market Structures and Pricing, Macroeconomic Environment, Government Policies |
| 21BA503C | Accounting for Management | Core | 3 | Financial Accounting Fundamentals, Cost Accounting Techniques, Management Accounting Tools, Financial Statement Analysis, Budgeting and Variance Analysis, Investment Decisions |
| 21BA504C | Business Statistics | Core | 3 | Descriptive Statistics, Probability and Distributions, Sampling and Estimation, Hypothesis Testing, Regression Analysis, Forecasting Techniques |
| 21BA505C | Marketing Management | Core | 3 | Marketing Concepts and Environment, Market Segmentation, Targeting, Positioning, Product Life Cycle and Strategies, Pricing Strategies, Promotion and Distribution Channels, Services Marketing |
| 21BA506P | Business Communication | Practical | 2 | Oral Communication Skills, Written Communication Techniques, Presentation Skills, Group Discussion and Debates, Interview Preparation, Professional Etiquette |
| 21BA507C | Business Analytics | Core | 3 | Introduction to Business Analytics, Data Collection and Preparation, Data Visualization, Descriptive Analytics, Predictive Analytics, Prescriptive Analytics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BA508C | Financial Management | Core | 3 | Introduction to Financial Management, Time Value of Money, Capital Budgeting Decisions, Working Capital Management, Cost of Capital and Capital Structure, Dividend Policy |
| 21BA509C | Human Resource Management | Core | 3 | HR Planning and Job Analysis, Recruitment and Selection, Training and Development, Performance Management, Compensation and Benefits, Industrial Relations |
| 21BA510C | Operations Management | Core | 3 | Operations Strategy, Product and Process Design, Capacity and Facility Planning, Inventory Management, Quality Management and Control, Supply Chain Management |
| 21BA511C | Research Methodology | Core | 3 | Research Design and Process, Problem Formulation and Hypothesis, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing and Ethics |
| 21BA512C | Management Information System | Core | 3 | Information Systems Fundamentals, Database Management Systems, E-commerce and E-business, Decision Support Systems, Enterprise Resource Planning, IT Security and Ethics |
| 21BA513C | Legal Aspects of Business | Core | 3 | Indian Contract Act, Companies Act, Consumer Protection Act, Intellectual Property Rights, Competition Law, Cyber Law |
| 21BA514P | Data Analysis and Business Modeling | Practical | 2 | Statistical Software Application, Spreadsheet Modeling, Data Visualization Tools, Optimization Techniques, Simulation for Decision Making, Forecasting Models |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BA515C | Project Management | Core | 3 | Project Life Cycle, Project Planning and Scheduling, Resource Allocation, Risk Management, Project Monitoring and Control, Project Termination |
| 21BA516C | Strategic Management | Core | 3 | Strategic Analysis and Formulation, External and Internal Environment Analysis, Business and Corporate Level Strategies, Strategy Implementation, Strategic Control and Evaluation, Corporate Governance |
| 21BA517C | Business Ethics and Corporate Social Responsibility | Core | 3 | Ethical Theories in Business, Corporate Governance Principles, CSR Models and Practices, Stakeholder Management, Sustainable Business Practices, Ethical Decision Making |
| 21BA5W1 | Summer Internship | Work | 2 | Industry Exposure, Practical Skill Application, Problem Solving in Real-world Settings, Report Writing, Presentation Skills, Professional Networking |
| 21BA5C1E | Entrepreneurship and New Venture Creation | Elective (Entrepreneurship Development) | 3 | Entrepreneurial Process, Opportunity Identification, Business Plan Development, Startup Ecosystem, Legal Forms for Ventures, Resource Mobilization |
| 21BA5C2E | Small Business Management | Elective (Entrepreneurship Development) | 3 | Characteristics of SMEs, Marketing for Small Business, Financial Management for SMEs, Operations Management for SMEs, Growth Strategies for Small Businesses, Challenges and Policies |
| 21BA5C3E | Family Business Management | Elective (Entrepreneurship Development) | 3 | Family Business Dynamics, Succession Planning, Governance Structures, Conflict Resolution in Family Firms, Professionalization of Management, Wealth Management |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 21BA5P1W | Project Work | Work | 6 | Problem Identification and Formulation, Literature Review, Research Design and Methodology, Data Collection and Analysis, Interpretation of Findings, Report Writing and Presentation |
| 21BA5C4E | Social Entrepreneurship | Elective (Entrepreneurship Development) | 3 | Social Problems and Opportunities, Social Business Models, Measuring Social Impact, Funding for Social Ventures, Hybrid Organizations, Sustainable Development Goals |
| 21BA5C5E | Entrepreneurial Finance and Venture Capital | Elective (Entrepreneurship Development) | 3 | Sources of Startup Capital, Angel Investing and Seed Funding, Venture Capital Funding Process, Valuation for Startups, Term Sheets and Deal Structures, Exit Strategies |
| 21BA5C6E | Technology Commercialization and Innovation | Elective (Entrepreneurship Development) | 3 | Innovation Management, Technology Transfer Process, Intellectual Property Rights, Product Development and Launch, Marketing High-Tech Products, Open Innovation Models |
