Best Colleges For Entrepreneurship in India
Entrepreneurship is an area of business where leaders in organizations do not back down from taking risks and coming up with innovative solutions in order to maximize profit and performance. Entrepreneurship is concerned with discovering and exploiting business opportunities, developing and controlling business plans, setting up start-ups, managing and recruiting teams, providing market strategies, managing human resources, leading innovation, developing intellectual property, utilizing the economy, connecting with others, conducting market research. An entrepreneurship degree incorporates theory and practice. Modern sales professionals need to understand today's business environment, manage people well, and be good salespeople. Business managers and administrators or managers of various departments in various organizations, financial consultants, research developers, managers, franchise owners, project managers are all career paths for entrepreneurship graduates.
Here’s a list of The Top 10 Colleges For Entrepreneurship In India
The Institute of Management Ahmedabad (IIM Ahmedabad) is one of the top management schools in India according to the NIRF 2020 rankings. Established in the year 1961, this institute is autonomous and is accredited by EQUIS (European Quality Improvement System). PGP (also known as MBA) is a two-year, full-time residential program that offers admission based on CAT scores. IIM Ahmedabad's CAT percentile has reached 99.6 over the past few years, demonstrating how competitive it is to get admitted to this institute. It has a record of placing 100% students over the course of the year, which is a great placement record and a high return on investment. Among IIM Ahmedabad's placements in 2019, one of the students landed a package of close to Rs 84 LPA, the highest domestic package. Furthermore, many students also take up entrepreneurship ventures every year.
Every year around 150 students get a chance to study abroad while 90 students visit India to study at IIM Ahmedabad through the Student Exchange program. A number of leading schools from the Asia-Pacific region, North America, South America, South Africa, Australia, and Europe participate in this program. Students of the PGP are also offered multiple opportunities for academic advancement.
A top graduate school for Management education in Asia is the Indian Institute of Management Bangalore (IIM Bangalore). Established in 1973, it accommodates over 1,200 students annually across several programs. EQUIS has accredited it since 2019 and it is the only Indian B-school in the Global Network of Advanced Management, a Yale-initiated network of 32 premier B-schools around the world.
As per the latest NIRF 2020 rankings, IIM Bangalore was ranked second among the top 100 business schools in India. It is conveniently located at Bannerghatta Road, Bengaluru, in close proximity to some of the most renowned corporate houses in the country, maintaining a great placement record with every passing year. The Institute offers a variety of Management courses at postgraduate level, doctoral level, and certificate levels, such as the PGP (MBA), the EPGP, and the Ph.D. All of these programs lead to MBA degrees, the flagship course of IIMB that requires a CAT score for admission. At IIM Bengaluru, there are ten centers of excellence for courses and research related to diverse areas of business. The center has also partnered with organizations that act as incubators for non-profits and women's entrepreneurship.
In 1961, IIM Calcutta was established as the first Institute of Management built on the IIM legacy. NIRF 2020 ranked IIM Calcutta 3rd in the Management category, making it one of the best B-schools in the country. Among the postgraduate, doctoral, and executive programs offered at the institute, the MBA (PGPM) stands out as its flagship course. Known as the IIMC, the Institute has consistently produced recruiters and students for reputable firms about the world. In addition to its 135-acre campus, IIM Calcutta is surrounded by seven lakes and this distinguishing feature has made it known as 'The Campus of 7 Lakes'. The institute incorporates administrative and faculty blocks, fully-equipped classrooms, an auditorium with a seating capacity of 750, multiple seminars and conference rooms, student and staff residences, a library with 1.4 million books and 1,500 periodicals, a training complex, and much more. An important feature of its campus is its Management Center for Human Values (MCHV), whose goal is to provide contemporary practitioners with wisdom that has been passed down through the ages from Indian psycho-philosophy. The Institute has partnered with 40 prestigious B-schools in North & South America, Europe, Australia, and Asia, including Bocconi University (Italy), Copenhagen Business School (Denmark), and Ivey Business School (Canada). A part of the university's curriculum is the International Student Exchange Program (STEP). In addition to this, it has established itself as the top choice of recruiters across all profiles, including investment banking, operations, consulting, marketing, general management, and information systems. The organization consistently witnesses 100% placements year after year.
Established in 1949, the Xavier School of Management, Jamshedpur is the oldest school in the country. It has contributed some of the most exceptional management professionals to the country. XLRI Jamshedpur is ranked among the top 10 business schools in the country. The XLRI Jamshedpur school has become a sought-after educational destination for aspirants interested in management since it consistently finds 100 percent placements for its graduates. Since its inception, XLRI Jamshedpur has produced global leaders every year. As a premier management institute, its vision is to foster managers that will develop a sustainable future. Six different programs are offered at XLRI Jamshedpur. Students can study these courses at a variety of levels, including postgraduate and doctoral. In addition to the postgraduate diploma courses, there are specializations in Business Management, General Management, and Human Resource Management. The XLRI Jamshedpur offers a number of part-time courses as well as full-time programs, such as the PGDM (BM) part-time program. Aside from these courses, XLRI also offers fellowships to encourage management research. As part of its educational exchange programs, XLRI Jamshedpur also collaborates with international institutions and universities. Innovation and ethical conduct are highly valued at XLRI Jamshedpur. The institute is staffed by a team of knowledgeable professors who guide some of the best minds in the country. As part of its goal to provide world-class facilities and infrastructure to transform students into tomorrow's leaders, XLRI Jamshedpur's leaders and administration leave no stone unturned to ensure their students receive an education of the highest standards.
In addition to being a member of the Association of Advanced Collegiate Schools of Business, the Indian School of Business (ISB) provides private business programs. Established in 2001, the institute offers a wide range of programs. It is located on 260 acres of land. The main campus contains a recreation center, an academic center, and four student villages for accommodation. About 140 to 250 students are accommodated in the residential houses. It has become the 100th school to achieve the triple crown by earning accreditation from AMBA, EFMD Quality Improvement System (EQUIS), and the Association to Advance Collegiate Schools of Business (AACSB). Postgraduate business education with an MBA is the pinnacle of achievement. The Financial Times Global Ranking for 2021 places the school at number 23. Among these are the Kellogg School of Management at Northwestern University, The Wharton School at the University of Pennsylvania, and London Business School. In addition to short-term programs, the school offers postgraduate studies. A number of international business schools offer certificate programs to ISB students as part of a partnership. There is an online form available for all courses at ISB Hyderabad's official website. Further, there are a number of existing or upcoming Live Virtual Programs, Open Programs, and Custom Programs under executive education.
SP Jain Institute of Management and Research (SPJIMR) is a private institution with its headquarters in Mumbai. The SPJIMR is part of Bharatiya Vidya Bhavan but functions independently and his entrepreneurial capabilities. All India Council of Technical Education (AICTE) and University Grants Commission (UGC) recognize the institute. As well as being accredited by the National Board of Accreditation (NBA), SPJIMR has also been accredited by the Association of Advance Collegiate Schools of Business (AACSB International).
The institute is situated on a sprawling 45-acre campus, and it is equipped with all the modern amenities necessary to best provide a learning environment to its students. Faculty members at SPJIMR come from academia, industry, government, and not-for-profit organizations. Those institutions provide education and training that prepares participants for leadership positions through the provision of knowledge and skills. A core faculty member's average experience is 18 years. A total of about 20 adjunct faculty members and a few visiting faculty engage with participants of various courses at the institute.
In addition to regular classes, SPJIMR offers three levels of Non-Classroom Learning (NCL): Self-Awareness, Self-Management, and Social Awareness.
It was the sixth Indian Institute of Management (IIM), under the legacy of the IIMs, that was established in 1996. NIRF 2020 ranked it 7th for MBA, making it one of the most prominent B-schools in the country. As its flagship program, the two-year PGP is offered at this institute in the fields of UG, PG, doctoral, and certificate studies. Located on a scenic hillock, the 193-acre campus of IIM Indore is equipped with modern teaching aids, comprehensive learning resources, a powerful information technology infrastructure, and beautiful hostels that are equipped with contemporary amenities
As well as being accredited by the AIU, this institute is also recognized by the Association of MBAs, London (AMBA–a UK-based accreditation agency). One of India's fastest-growing institutes of national importance, IIM Indore has exchange programs with several prestigious international B-schools, including Albania Graduate Business School (Greece), Asian Institute of Management (Manila), Baruch College (City University of New York, USA), Auckland University of Technology (New Zealand), Bocconi (Italy), Egade Business School (Mexico) and EM Lyon Business School (France), among others. These schools attract a considerable number of students
In Uttar Pradesh, Indian Institute of Management (IIM), Lucknow is a public business school and the fourth of the IIMs on this list. NIRF 2020 ranks it fourth among IIMs and Outlook 2020 ranks it fifth for IIMs, making it one of the top five IIMs in India according to the Ministry of HRD. Since its inception in 1984, IIM Lucknow has served as a mentor institute for IIM Jammu, Rohtak, and Kashipur. IIM Sirmaur has also benefited from its mentorship in the past. There are several master's and doctoral programs offered in the field of management. IIM Lucknow's flagship PGP program is a two year, full-time, a residential course that leads to the award of a post-graduate diploma in management
In addition to the main campus, the executive education campus is located on a 20-acre plot in Noida. AACSB and AMBA are global accreditation bodies that accredit the educational programs offered by this institute. Additionally, the company has developed student exchange programs with more than 20 B-schools around the world.
The Faculty of Management Studies commonly referred to as FMS Delhi, belongs to Delhi University and is one of the best management colleges in the country. Established in 1954 by the Delhi School of Economics, it is a top-ranked school of economics. Several international institutions collaborate with the school, and it founded the Association of Management Development Institutions of South Asia (AMDISA)
The university offers a full-time MBA program, an executive MBA program, a Management Development Programme (MDP), and a Ph.D. program. The Week (2020) ranked the Faculty of Management Studies, Delhi among India's top four B-Schools. The Week has consistently ranked FMS Delhi among the top 5 best B-Schools for the past 8 years
Indian Institute of Foreign Trade (IIFT) Delhi was established by the Indian Government in 1963 as an autonomous organization. In 2010, it was recognized as a university-in-status. The college received an A grade with NAAC and is ranked 26 for MBA by NIRF 2020, and 27 by Outlook 2020. One of this institute's flagship courses is a two-year MBA in International Business. In addition, it offers a wide range of graduate, doctoral, certificate, and master's degree programs in the areas of Management, Economics, and Finance. In addition to IIFT Kolkata and IIFT Kakinada, IIFT also offers MBA programs on its two other campuses.