MBA Entrepreneurship Admission Process, Eligibility, Entrance Exams, GD, and PI 2023

What is the MBA Entrepreneurship Admission Process?

MBA Entrepreneurship admission process is usually the same as the general MBA admission process. Entrepreneurship is a specialization that is offered by the course in the last year. A candidate can opt for the specialization of their interest and choice.

Plenty entrance examinations can help a candidate to secure admission in the MBA Entrepreneurship course like CAT, XAT, MAT, GMAT, NMAT, etc, whereas many state colleges and universities consider the score of state-level MBA entrance tests like SNAP, NMAT, and alike. Generally, the MBA Entrepreneurship syllabus covers all the topics related to market analysis, google Adwords, cyber law, and others.

There are a few steps that an aspirant needs to follow while applying for admission. Those steps are discussed below for your help:

  1. Visit the official website of the desired college or university.
  2. Check whether if you are eligible for the course or not, If yes, then check that for which course you need to appear for.
  3. Apply for the respective entrance examination online and sit for the same on the date of examination.
  4. Once an aspirant qualifies the exam score cutoff, they need to appear for the group discussion and personal interview round (Extempore round is taken by a few of the institutes).
  5. After all the rounds, the aggregate score is released by the universities, and then you need to apply for the colleges which are offering you this course at your cutoff rate or for which you are eligible.
  6. The last step is to pay the admission dues.
Do I qualify for MBA Entrepreneurship eligibility criteria?

Do I qualify for MBA Entrepreneurship eligibility criteria?

To get eligible for the MBA Entrepreneurship course, you need to visit the official websites of colleges and universities. Check the qualification criteria on their page and apply for the course. A few of those fundamental qualifications are listed below:

  • A bachelor’s degree in any discipline with a total of 50% or an equal CGPA (for general category candidates) from any recognized college/university. Moreover, there’s a 5% relaxation in the passing percentage for the reserved categories (SC/STs) to procure admission.
  • Aspirants showing up for final year exams can also apply.
  • Additionally, an aspirant needs to show up for any of the MBA entrance exams and score qualifying marks to get admission to a desired college or university.

What are the Top MBA Entrepreneurship Entrance Exams?

There are plenty of entrance exams for which a candidate can sit for. Some of them are national level, some are university-based entrance exams. A few of those entrance exams are listed below:

  • CAT: CAT is an online test conducted every year by IIMs to shortlist students for providing admission into various management degree programs. The test score is widely accepted by many top colleges across the country. The exam is conducted annually.
  • XAT: XAT is an online national-level exam conducted by XLRI, Jamshedpur for shortlisting students for providing admission to MBA/PGDM programs in some of the top management colleges across the country. Apart from XLRI XAT score is accepted by more than 700 top B-schools accepting XAT for providing admission to their post-graduate management programs.
  • MAT: MAT or Management Aptitude Test is a national level exam conducted four times in a year. All India Management Association (AIMA) conducts the exam for admission to MBA/PGDM courses across the country.
  • CMAT: CMAT or Common Management Admission Test is an online computer-based test. It is conducted by the National Testing Agency, India. The test is conducted to shortlist students for admission into AICTE approved postgraduate management programs.
  • GMAT: GMAT or Graduate Management Admission Test is an online or computer-based test that assesses certain analytical, writing, quantitative, verbal, and reading skills in written English. GMAC is the conducting body of this entrance exam. The test score is widely accepted by the top colleges or universities across the world for admission into the postgraduate management programs.
Entrance Exam Registration Date Exam Dates
ATMA 1st week of June 2023 July 23, 2023
CAT August 3, 2023 November 26, 2023
CMAT February 13, 2023 To be Announced
GMAT To be Announced To be Announced
NMAT September 2023 November 2023
SNAP 2nd week of August 2023 2nd week of December 2023
XAT To be Announced To be Announced
How to prepare for MBA Entrepreneurship Entrance Exams?

How to prepare for MBA Entrepreneurship Entrance Exams?

For these competitive exams, one needs to prepare hard. There are 4 sections in the exam like verbal and reading comprehension, quantitative aptitude, logical reasoning, and general awareness. One can refer to the tips given below to perform well in any entrance exam:

  • Generally, the entrance exam paper consists of multiple-choice questions. Most of the exams, negative marking is offered for every wrong answer.
  • The entrance exam assesses one's basic understanding of different concepts. Hence one must be thorough with the basics.
  • Verbal ability and reading comprehension section generally includes reading comprehension, verbal ability, sentence correction, sentence completion, fill in the blanks, sentence rearrangement, para jumbles, summarizing, etc. The best way to get acquainted with the language is to do as much reading as possible. Apart from this, one must look out for sectional questions from previous year papers and sample papers.
  • The Quantitative ability section is all about basic 10th level mathematics. Some common topics asked under this section are percentage, ratio and proportion, average, allegation, profit and loss, simple interest and compound interest, geometry, trigonometry, algebra, etc. The questions are usually tricky and require a different approach to solving them. Hence one must be very clear with the basics. Practicing more and more questions will eventually lead to more fruitful results.
  • Data interpretation and logical reasoning sections are considered as the toughest section in the whole paper. However, this already set theory can easily be rejected if one does hard work and solves more and more sets of this section. One can start by trying to solve simple puzzles. Slowly keep increasing the difficulty level of the questions. Try to solve the question correctly and quickly.
Verbal Abillity
  • Some MBA entrance exams also have general knowledge and current affairs questions. The types of questions asked under this section are about national and international affairs, businesses, taglines of companies, top officials of big companies, international organizations, social issues, etc. One must read newspapers and news articles daily to stay updated on current affairs.
  • Giving mock tests is the most important part of the whole preparation process. Once done with the syllabus, one must start taking mock tests. This helps one to get a taste of the type of questions that are usually asked in the exam. One must solve at least 30 to 40 mock tests before appearing for the actual exam.
  • Apart from all the self preparatory methods mentioned above, one can even join a suitable coaching institute for preparation if one feels the need for it.
  • Know that consistency and persistence are the two key factors for achieving success in this entrance exam. Make sure that you give some amount of time daily to your preparation for the exam.
  • On the exam day, refrain from reading any new concept. Just stay calm and composed and don’t think anything negative before entering the exam hall. Be confident about whatever you have learned.
What is Group Discussion and how to prepare for it?

What is Group Discussion and how to prepare for it?

Group Discussions are an important part of the admission process for B-Schools. Personal Interview is the next step or round after a GD round, therefore group discussion is a gateway to the interview step. The MBA group discussion round is usually 30 minutes to check the candidate’s abilities, skills, and communication skills. 

There are 4 types of group discussion topics naming Factual GD topics, Controversial GD Topics, Abstract GD Topics, and Case Studies. 10%-20% of the overall score is allotted this round.

The key to practice for these GD rounds has different steps that can be followed. A few of those preparatory steps are discussed below:

  • There are testing the candidate’s patience in a GD round. Therefore, a candidate needs to be calm and valid on their points. One should not ruin all the effort by presenting the wrong statistical data. 
  • Try to build the conversation on your own or make the first move by initiating the topic. Remember that the benefit of using this trick is that now the whole conversation will build up around your points and you have more points to present.
  • The candidate needs to be sure about the content they are trying to present in the round.
  • The candidate must be talking thoughtfully and listening attentively to everyone’s point.

There are several topics from which you can expect the GD topics. During this COVID’19 times, GD Topics will most probably orbit around the topics like Economic Slowdown, Lock Down impact, Work from Home and Future of Work, Corona Virus (COVID’19) Impact, Rise of Gig Economy, and Chinese App Ban in India, and many more such topics.

Entrance Exam
What is a Personal Interview and how to prepare for it?

What is a Personal Interview and how to prepare for it?

Personal Interview is the final round that is conducted after WAT and GD rounds. Hence, only a few students will be able to qualify the PI round. In this round, a candidate needs to appear in front of a panel of interviewers, who will be scoring the candidate based on their background, communication skills, lifestyle, experience, and attire.

The interview panel usually comprises 3 invigilators most probably who carry this course for almost 15-20 minutes depending upon the candidate’s performance. A few of the preparatory tips for PI round are discussed below:

  • One must know their strengths and weaknesses, their UG subjects, qualifications, qualities, and other relevant details.
  • The candidate should have a clear and transient objective in mind regarding this course.
  • One should be in formal attire at the time of the interview.
  • An aspirant should also possess good communication skills.

There are plenty of demo questions that are asked in this interview. A few of those questions are discussed below for your reference:

  1. Tell us something about yourself. 
  2. Why do you want to do an MBA Entrepreneurship?
  3. Tell us about your strengths and weaknesses.
  4. Tell us about your leadership traits
  5. Why do you choose this B-School?
  6. Where do you see yourself in the next 5 years? And many other similar questions.
Why study MBA Entrepreneurship Course?

Why study MBA Entrepreneurship Course?

MBA Entrepreneurship is one of the most sought degrees in India in terms of personal growth and career growth opportunities. The course has so many benefits attached to it. Some of the benefits and perks of pursuing this course are given below:

  • The course offers various career growth opportunities and promotes the growth of knowledge.
  • The course is a must-do for students who aspire to become a successful entrepreneur in the future.
  • The course focuses on both the theoretical as well as on the practical aspect of the subject. It involves various assignments and internships which provide hands-on industrial experience to the students.
  • The course offers a handsome salary package ranging from INR 3 to 5 lakhs. If pursued from a reputed institute then this number can reach as high as up to 20 to 25 lakhs.
  • The course opens up various career opportunities in front of students. Students can choose to work in big multinational companies and firms. They can even set up their own businesses. Apart from this, yet another option for students is to pursue much higher education.
MBA Entrepreneurship Admission: FAQs

MBA Entrepreneurship Admission: FAQs

Ques: Is there any separate entrance exam for admission to the MBA Entrepreneurship course?

Ans: No, the general MBA  admission process is the same admission process followed for admission to this course.

Ques: What is the passing percentage required in bachelor’s to get eligible for this course?

Ans: The passing percentage required for admission is a minimum aggregate score of 50% in bachelor’s degrees in any discipline.

Ques: What are the entrance exams for securing admission to this course?

Ans: There are several entrance exams for procuring admissions to this course like CAT, MAT, XAT, CMAT, GMAT, SNAP, NMAT, and others.

Master of Business Administration [MBA] (Entrepreneurship) : 5 answered questions

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Ques. What are the reviews of ISME, Mumbai and its BME degree? Is it worth going for?

● Top Answer By Sumit Singh Gandhi on 13 Apr 21

Ans. ISME is located in Lower Parel, Mumbai. Its postgraduate program in Management Business and Entrepreneurship is quite popular. BME at ISME has a course span of 11 months. It gives an amazing blend of knowledge and a skill-based curriculum. The course mainly focuses on Management, Finance, strategy, and Entrepreneurship.  Highlights: ISME helps you to expand your network to more than 500 corporate companies. You will have great exposure to collaborative projects and industrial works. Internships and placement records on campus are worth mentioning.  ISME is very resourceful. Here you will get exposed to 3 niche startup accelerators along with partners who are industry giants like Google, Microsoft, etc. You will also be exposed to a bunch of investors who are helpful in launching a successful business.  BME majorly focuses on business analysis and Entrepreneurship. Faculties are well trained, highly qualified, and experienced.  Students are taught to challenge the status quo and are trained to come up with innovative ideas.  Institute gives you that extra push to reach your maximum potential.  ISME works on the motto of producing leaders with entrepreneurial mindsets.  College provides you with corporate connections of global level, the infrastructure and facilities on campus are top-notch. Moreover, the campus is located at an amazing location which is a great advantage to students. 'ISME Edge' is specifically designed to give its students a world-class learning experience.  To conclude, ISME is totally worth joining and BME is an amazing course offered by ISME.Read more
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Ques. I have done part time MBA from IIM Lucknow (WMP), Is it okay to apply for PGPX courses at IIM A/B/C?

● Top Answer By Sonal Agarahari on 09 Jan 23

Ans. No, I wouldn’t recommend you apply for a PGPX course at IIM A B or C if you have completed a part-time MBA from IIM Lucknow. The reason is the huge overlap of electives in almost all the programs offered at IIMs. Leaving a few courses most of which are repeated in all the programs be it part-time or full-time. Towards the end of the course, you might end up spending a hefty fee and lots of time and yet not learning anything new. If anything you might just get placed at a better firm. But that too will be useless if you are unable to harness the acquired knowledge and skills in the open market. The question is if your job will be worth your year lost, your lost opportunities, and 25-30 lakhs of loan. Still, if you want to pursue the course go for a top MBA course abroad. That might make a difference in your resume and job prospects.Read more
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Ques. Should I go for a PGPM in MDI Gurgaon or for IIM L ABM?

● Top Answer By Rishika Shindde on 22 Feb 23

Ans. Go for the IIM Lucknow ABM program only if you are sincerely inclined towards agri. If not then choosing ABM will limit your career prospects considerably and you might even regret it later. MDI Gurgaon PGDM is one of the oldest programs that have great value. MDI Gurgaon can easily be called the country’s best B School. The admissions are solely based on merit so the quality of your peers is top-notch. Some major highlights of the institute and its PGDM program are Experienced permanent faculty Student-driven clubs Student-driven Mutual Fund  Elaborate alumni network  Lush green campus Excellent peer learning So you will not regret choosing MDI even over IIM Lucknow.Read more
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Ques. What is the placement scenario for MBA in Entrepreneurship and family business from NMIMS, mumbai?

● Top Answer By Garima Rai on 01 Mar 23

Ans. The placement scenario for MBA in Entrepreneurship and family business from NMIMS, Mumbai is decent but not at par with a regular MBA. However, this is understandable enough as the course is less in demand than the regular MBA. However, the packages offered are quite low because the students joining the program are no geniuses with great academic backgrounds and interview performances. The low demand is the main reason for low packages. Mainly the students who choose this program over a regular MBA, don’t want to settle just for a job. Their primary goal is to get a better understanding of running a business. So the role offered pays less but is challenging enough. Anyone who is considering this profile should pay the least attention to packages and placement as the main agenda is to prepare for entrepreneurship. So your goal should be to get a challenging profile at a good company even if the package is low. Another major benefit of doing this course is getting yourself associated with an elaborate alumni network which will prove to be useful in the future.Read more
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Ques. Which is a better career choice for MBA: BIMTECH (Insurance buisness management) or SIBM Pune (Enterpreneurship and innovation)?

● Top Answer By Aditi Banerjee on 17 Apr 23

Ans. BIMTECH's Insurance Business Management programme or SIBM Pune's Entrepreneurship and Innovation programme, the choice depends on your professional goals. BIMTECH's Insurance Business Management programme gives students a solid insurance and risk management foundation. The programme prepares students for careers in the significant and rising insurance business, which includes underwriting, claims administration, risk analysis, and sales and marketing. SIBM Pune's Entrepreneurship and Innovation programme is for students interested in launching their own businesses or working in entrepreneurial contexts. The programme teaches how to find new business possibilities, write business strategies, and run a profitable business. Both programmes have great job opportunities, but they impart different skills and knowledge. BIMTECH's Insurance Business Management programme is ideal for insurance professionals. If you want to establish a business or work in an entrepreneurial setting, then SIBM Pune's Entrepreneurship & Innovation programme is better. Consider your strengths, interests, and career goals before making a decision though.Read more
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