A beginning of entrepreneurship education in our country

Entrepreneurship education has just entered the country. It will take a long way in helping India to churn out job-generators instead of job-seekers. It is playing a vital role in the country and recently many institutes have started introducing entrepreneurship programs in their regular academics.

Especially, the top B-Schools in India offer the entrepreneurial courses. For a candidate to become eligible to apply for the entrepreneurship programs, the candidate is supposed to have completed a basic graduation. In certain cases non-graduates also become eligible to apply for the entrepreneurship programs considering the interest and commitment as a criteria for assessing a prospective student.

Entrepreneurship is kind of holistic subject and it is a portfolio of knowledge. It provides two vital components, the first one is the business component and the second one is the entrepreneurship component. The business component is considered as a safety one for those students who might not feel like starting their own business operations immediately and the entrepreneurship component form to be an inspirational aspect which is going to instill the passion and the required skills for the student.

If an entrepreneur who comes from a marketing background, he will probably spend more time in understanding finance and the business of managing money and if the entrepreneur comes from accounting background he will probably spend more time in understanding human resources and marketing. The entrepreneur has to pick and choose from the portfolio that is offered to him.

In certain cases, like that of the family managed business programs, there are additional criteria like the applicant should have a role in a family business and should have spent some time understanding it. Thanks to the low-level of awareness about such courses, many institutes don't feel the need for an entrance test either.