Indore: Do you aspire to master the art of turning a business into a viable one? Then go for MBA (entrepreneurship) course to give your dream the deserved shape. As part of Startup India campaign, Devi Ahilya Vishwavidyalaya (DAVV) has come up with MBA (entrepreneurship) course, designed for youngsters mulling to launch their own startups.
“Indore is emerging as a startup hub of central India. In last few years, this city has witnessed launch of 300+ startups. We want to encourage more and more students to become entrepreneurs. It is because of this objective, we have launched MBA (entrepreneurship) programme. We are perhaps the only institution in the state to offer a full time course in entrepreneurship,” said vice chancellor Dr Narendra Dhakad.
He said that the course would be offered by International Institute of Professional Studies (IIPS), which also runs MBA (Tourism) and MBA (Advertisement and Public Relations) courses. IIPS senor faculty member and former director BK Tripathi said that so far the focus of the university was on to preparing students who are employable. “Now we have also decided to produce employers/entrepreneurs,” he said.
Tripathi stated that one may question whether it is necessary for would-be entrepreneurs to build up a suite of skills at a b-school for their startup but the fact remains that the degree really helps in building a professional network, seeking venture capital, and building a successful startup.
“Since around 90 per cent of new ventures fail, according to Forbes, entrepreneurs need to be willing to change and reshape their ideas any number of times in order to make them successful. There where this course becomes crucial as it teaches would be entrepreneurs soft skills,” Tripathi said. Students who have taken common entrance test (CET)-2017 for courses under Group A may apply for admission in MBA (entrepreneurship) programme till August. Total number of seats in the course is 40. If CET failed to fill up all the seats in the course, the IIPS would conduct a departmental level entrance exam for filling seats of this course.
This year, the DAVV has come up with two new MBA courses. Before launching MBA (entrepreneurship) programme, the university introduced MBA (Business Analytics) which received overwhelming response from candidates. “All the seats, barring quota seats, have been filled of MBA (Business Analytics) course in the first round of CET counselling,” said VB Gupta, head of School of Data Sciences and Forecasting, which offers this new MBA course.
Most seats filled in first counselling
Most of the seats in Group B and two courses of Group A were filled in the first round of CET counselling on Friday. Students whose names have figured in the final selection lists turned up for document verification and confirmed their admission on seats allocated to them. BCom (Hons) offered by IIPS remained the most sought after course of Group B whereas students in large lined up at IMS for MBA (Financial Administration) programme. For remaining course in Group A, counselling would be held on Saturday.