*Research Scholar, Karpagam University
Online published on 28 July, 2016.
India is a country which is second highest in the world in terms of population. At present, Indian economy is the fifth largest economy in the world and is inclining to gain a prominent place in the forthcoming years. Entrepreneurship can be an mode through which India can tap these opportunities and be economically developed. It has gained greater significance at global level under changing economic scenario. The Industrial Policy of the Government of India has specially highlighted the need for special entrepreneurship programmes for young budding entrepreneurs to enable them to start small-scale industries by providing financial aid, incentives and subsidies. India is ninth in the Global Entrepreneurship Monitor (GEM) survey of entrepreneurial countries. The most recent statistics available for India is that 12.5 per cent of the total Indian working population was involved in opportunity-based ventures. Students in B-school think that entrepreneurship is glamorous, but not for them. For them entrepreneurship is something that need to be taken up only after gaining several years of work experience and huge sums of money backing up. MBA education is clearly a ladder towards a high paying job in one of the big companies. This paper is a descriptive study on entrepreneurial motivation of management students in self-financing management Institutes under Kannur University. The study will help in identifying the factors which favour and hinder entrepreneurship. This study will help in formulating policies and strategies for promoting entrepreneurship from different perspectives like the Management Institutes, State Government and other agencies.
