India is the 3rd largest startup ecosystem in the world going by the number or startups and unicorns. The infrastructure around startups has grown exponentially and rather transformed in the last few years making entrepreneurship more accessible and possible for everyone across the country.
India has around 60k registered start-ups of which 10% are venture capital (VC) funded and is all set to build 250 unicorns by 2030.
With ample support from the government and private institutions, getting guidance, required digital and functional infrastructure, and even raising funds is easy for young entrepreneurs.
Businesses like OYO and Zepto are a testimony to the fact that young bright minds can own and build big businesses. This leaves us confused if MBA is necessary to be successful in business.
To enroll for an MBA or not is surely a classic dilemma for most people around 23-32 years of age who have a great business idea.
What does one need to study to become an entrepreneur? What are the benefits of an MBA, is an MBA even important? What do entrepreneurs do that needs a formal business education?
Sure enough, MBA is never necessary, people have been running and building businesses prior to MBA degrees as well. But there are several benefits and leanings from an MBA degree that will not only give you an edge but will help you improve your learning curve and build a successful business at a good pace.
ALSO READ: MBA course guide: All you need to know
Here are eight reasons why entrepreneurs need an MBA degree and how they can benefit from the same.
READ MORE: 10 reasons why should you choose an online MBA in India
I am sure you see the benefits an MBA can provide you if you are an entrepreneur or are starting up now. The question remains, should you quit your job and study for two years?
You don’t need to. Digitization has not only made workplace convenient and effective but has also empowered educators and learners making online degree a smart choice. The flexibility of online learning is extremely beneficial for entrepreneurs. It allows you to manage your time & money while you are up-skilling yourself.
Online MBA courses you can select from –
Online MBA from Manipal Academy of Higher Education
Online MBA from Manipal University Jaipur
Information related to companies and external organizations is based on secondary research or the opinion of individual authors and must not be interpreted as the official information shared by the concerned organization.
Additionally, information like fee, eligibility, scholarships, finance options etc. on offerings and programs listed on Online Manipal may change as per the discretion of respective universities so please refer to the respective program page for latest information. Any information provided in blogs is not binding and cannot be taken as final.
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CourseMaster of Business Administration
Bachelor of Business AdministrationBachelor of Computer ApplicationsBachelor of CommerceMaster of Computer ApplicationsMBA- Banking and Financial ServicesMaster of CommerceMaster of Arts in Journalism & Mass CommunicationMSc Data SciencePGCP in Data Science & Machine LearningMSc Business AnalyticsPGCP Business AnalyticsPGCP Logistics and Supply ChainBachelor of ArtsMA in EnglishMA in SociologyMA in Political Science
InstitutionManipal University JaipurManipal Academy of Higher EducationManipal Institute of Technology
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Manipal University Jaipur
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