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MBA-INNOVATION-AND-ENTREPRENEURSHIP-SIBM-PUNE in General at Symbiosis International University (SIU)
Pune, Maharashtra
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About the Specialization
What is General at Symbiosis International University (SIU) Pune?
This MBA in Innovation and Entrepreneurship program at Symbiosis Institute of Business Management (SIBM) Pune focuses on nurturing entrepreneurial talent and fostering innovative thinking. It is designed to equip students with the skills and mindset necessary to launch and manage new ventures, drive innovation within existing organizations, and adapt to the dynamic Indian business landscape. The program emphasizes practical application and contemporary industry challenges.
Who Should Apply?
This program is ideal for aspiring entrepreneurs, individuals from family businesses seeking to modernize and expand, and corporate professionals looking to drive innovation and new product development within their organizations. It also caters to fresh graduates with a strong inclination towards venture creation and problem-solving, providing them with a structured pathway into the startup ecosystem. A strong foundational understanding of business concepts is beneficial.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths such as startup founders, innovation managers, venture capitalists, business consultants, or product managers in technology-driven companies. In the Indian market, entry-level salaries can range from INR 6-12 LPA, with experienced professionals commanding significantly higher packages. The program fosters a growth trajectory aligned with India''''s burgeoning startup and innovation ecosystem, preparing students for leadership roles in a competitive environment.
Student Success Practices
Foundation Stage
Build a Robust Business Acumen- (Semester 1-2)
Focus on thoroughly understanding core management subjects like Marketing, Finance, and Operations. Actively participate in case studies and group discussions to apply theoretical knowledge to practical business scenarios, strengthening foundational decision-making skills.
Tools & Resources
Harvard Business Review Case Studies, Coursera/edX Business Fundamentals courses, Peer study groups
Career Connection
A strong grasp of business fundamentals is essential for any entrepreneurial venture or innovation role, enabling informed strategic planning and operational efficiency.
Cultivate Design Thinking & Problem Solving- (Semester 1-2)
Engage deeply with Design Thinking principles taught in class. Apply these methodologies to identify real-world problems and ideate innovative solutions. Participate in hackathons and idea competitions to refine problem-solving abilities and foster creative thinking.
Tools & Resources
IDEO Design Kit, Google Design Sprints, Local startup hackathons
Career Connection
Design Thinking is crucial for developing user-centric products and services, making graduates highly valuable for roles in product innovation and new venture development.
Network with Startup Ecosystem Players- (Semester 1-2)
Actively attend entrepreneurship workshops, industry talks, and startup events organized by the institute or in Pune. Connect with founders, mentors, and investors to understand market trends and build early professional relationships. Join college entrepreneurship clubs.
Tools & Resources
LinkedIn, Eventbrite for local startup events, SIBM Entrepreneurship Cell
Career Connection
Early networking provides invaluable insights, potential mentors, and future co-founders or funding opportunities, accelerating career progression in the startup world.
Intermediate Stage
Undertake a Meaningful Summer Internship Project (SIP)- (End of Semester 2 / During Semester 3 break)
Seek out internships with startups, venture capital firms, or innovation departments of established companies. Focus on gaining hands-on experience in areas like market research, business development, financial modeling, or product launch, applying classroom learnings.
Tools & Resources
SIBM Placement Cell, Startup India portal for internship listings, AngelList
Career Connection
A relevant SIP is critical for practical exposure, building industry-specific skills, and often serves as a stepping stone for pre-placement offers or future job roles.
Develop a Comprehensive Business Plan- (Semester 3)
Leverage courses on New Venture Planning to develop a detailed, viable business plan for an innovative idea. Seek feedback from faculty, industry mentors, and participate in business plan competitions to refine the model and presentation skills.
Tools & Resources
Lean Canvas/Business Model Canvas, Pitch Deck templates, SIBM incubation center support
Career Connection
Creating a robust business plan is a core entrepreneurial skill, essential for attracting investors or securing internal approvals for innovation projects.
Explore Entrepreneurial Finance- (Semester 3)
Deepen understanding of venture capital, private equity, and fundraising mechanisms. Follow startup funding news, analyze valuation models, and prepare pitch decks. This knowledge is crucial for aspiring founders and those interested in investment roles.
Tools & Resources
Crunchbase, Venture Capital blogs, NSE/BSE startup listings
Career Connection
Proficiency in entrepreneurial finance is vital for securing funding for your own venture or for roles in investment banking, venture capital, and corporate finance.
Advanced Stage
Specialized Skill Development for Scaling Ventures- (Semester 4)
Focus on advanced topics like Intellectual Property Rights, Digital Transformation, and Scaling Strategies. Consider online certifications in growth marketing, product management tools, or advanced data analytics to complement classroom learning and specialized career paths.
Tools & Resources
NPTEL courses, Google Analytics certification, Product School workshops
Career Connection
These specialized skills are essential for successfully scaling a business, managing innovation, and protecting intellectual assets, leading to leadership roles in growing companies.
Complete an Impactful Dissertation/Project- (Semester 4)
Undertake a final year project or dissertation that addresses a real-world business challenge or explores a novel entrepreneurial concept. Collaborate with an industry partner or work on your own startup idea under faculty mentorship, demonstrating research and application skills.
Tools & Resources
Academic databases, Industry mentors, SIBM faculty advisors
Career Connection
A strong final project showcases problem-solving abilities and specialized knowledge, enhancing your resume for both entrepreneurial ventures and corporate innovation roles.
Intensive Placement and Career Readiness- (Semester 4)
Engage rigorously with the placement cell for mock interviews, resume building, and company research. Tailor your applications to roles in innovation, entrepreneurship, product management, or consulting. Practice articulating your entrepreneurial vision and value proposition.
Tools & Resources
SIBM Placement Cell resources, LinkedIn Job Search, Glassdoor for company insights
Career Connection
Thorough preparation ensures you are well-positioned to secure desirable roles in the competitive Indian job market, launching your career in innovation and entrepreneurship.
Program Structure and Curriculum
Eligibility:
- Bachelor’s Degree with minimum 50% marks (45% for SC/ST) or equivalent grade. Final year students can also apply. Valid SNAP score.
Duration: 2 years (4 semesters)
Credits: 100 Credits
Assessment: Assessment pattern not specified
