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Entrepreneurship Education in India K Ramachandran Professor of Entrepreneurship & Strategy Indian School of Business

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Presentation on theme: "Entrepreneurship Education in India K Ramachandran Professor of Entrepreneurship & Strategy Indian School of Business"— Presentation transcript:

1 Entrepreneurship Education in India K Ramachandran Professor of Entrepreneurship & Strategy Indian School of Business K_Ramachandran@isb.edu

2 Entrepreneurship education in India: – Entrepreneurship training –Entrepreneurship education in management and technical institutions –Entering the take off stage – job seekers to job generators

3 FIRM LIFE CYCLE AND THE ENTREPRENEURIAL JOURNEY Attitude Opportunity Idea Planning Start - up Growth Diversify

4 Entrepreneurship Education Term Based Programmes Long Duration Programmes Short Duration Programmes

5 Entrepreneurship Focus Areas Pre Start Up2 Pre Start Up/Start Up 12 Across Life Cycle 13

6 Pedagogical Choices Cases Business Plan judged by outsiders Mentoring Entrepreneur lectures/in residence Projects Project VC Conceptual Lectures

7 OTHER ACTIVITIES InstituteCentre ISB Hyderabad, IIMA, IIMB, IIMC, IIML Incubator, Student Club, Promotional Activities XLRI, XIMB, SPJain, BITS Pilani Student Club, Promotional Activities

8 ENTREPRENEURSHIP AT ISB

9 Entrepreneurship education in India: –Impact making islands –Great opportunity (self, organisation, local and national economy) –Critical factors: Faculty availability Expertise and need for capacity building

10 Entrepreneurship Education in India: Problems Absence of faculty awareness, opportunities, and interest Lack of skills and knowledge in interested faculty Need for an effort to create interest in faculty and to develop the skills and knowledge needed to teach entrepreneurship

11 TERM BASED PROGRAMMES InstituteCourse TitleFocusDuration ISBPAEVPre Start Up15 Weeks IIMALEMPre Start Up 10 Weeks ENVPPre Start up & Start Up 10 Weeks IIMBENVCPre Start up & Start Up 10 Weeks Corporate VenturingPre Start up & Start Up 10 Weeks Social EntrepreneurshipPre Start up & Start Up 10 Weeks New Venture FinancingPre Start up & Start Up 10 Weeks IIMCSEMAcross Life Cycle 10 Weeks Managing New VenturesPre Start up & Start Up 10 Weeks IIMLOrg Issues in NVAcross Life Cycle 10 Weeks NVPPre Start up & Start Up 10 Weeks XLRIEntrepreneurship & NVPre Start up & Start Up 10 Weeks XIMEEntrepreneurshipAcross Life Cycle 10 Weeks XIM, BhubaneshwarNEMPre Start up & Start Up 10 Weeks Rural EntrepreneurshipPre Start up & Start Up 10 Weeks Social EntrepreneurshipPre Start up & Start Up 10 Weeks SPJMRStart your Business ProgAcross Life Cycle 12 Weeks

12 LONG DURATION PROGRAMMES InstituteCourse TitleFocusDuration Madurai Kamraj UnivPGD in Entrepreneurship Across Life Cycle 1 Year EDIIPGDBEMAcross Life Cycle 1 Year TREC-STEP Entrepreneurship Venture Incubation Prog Pre Start up & Start up S&T Entre. Dev ProgAcross Life Cycle SEMCOMBCom, BBA, BBAITM, Master of E Business Across Life Cycle 1 to 3 Years SPJIMR EPBAAcross Life Cycle 18 Months Family Managed Business Programme Across Life Cycle 2 Years Indian Institute of Entrepreneurship, Guwahati PGDMEAcross Life Cycle 1 Year

13 SHORT DURATION PROGRAMMES Programme Avg Enrolment COURSES OFFERED 2002- 03 2003- 04 2004- 052005-06 2006- 07 EDP252745485565 TEDP254961537986 FDP203340474048 DST

14 Emphasis Area1234567 A Entrepreneurial behaviours, attitudes and skills developed1 2 4 B. Empathy with the life - world of the entrepreneur 2131 C. Key entrepreneurial values inculcated 1 2113 D. Motivated towards an entrepreneurial career 2 111 E. Understanding the processes of venture creation1 24 F. Generic entrepreneurship competencies developed 1321 G. Key minimum business how-to's acquired 4 1 H.Effective management of stakeholder relationships 31 1

15 Rank Emphasis Area12345678 A Entrepreneurial bahaviours, attitudes and skills developed3 B. Empathy with the life - world of the entrepreneur1 2 C. Key entrepreneurial values inculcated 11 D. Motivated towards an entrepreneurial career 1 2 E. Understanding the processes of venture creation 22 F. Generic entrepreneurship competencies developed 1 1 G. Key minimum business how-to's acquired 1 11 H.Effective management of stakeholder relationships 11

16 Key initiatives to fill the void NSTEDB +other govt for EDC,STEP,TBI NEN –private SEE - voluntary

17 SEE Competition Facilitate Consulting Data Bank Website Facilitate Training Conference Research Node SEE as a Movement

18 Node (Chapter) Research Student Projects Guest Lectures Consulting Training A Member’s Role

19 Thank You


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