More entrepreneurs going for management courses

By Rahul Chugh

Entrepreneurship courses have boomed in the past few years, alongside the growing interest in starting up. The IITs, IIMs and a host of educational institutions today teach entrepreneurship either as full-fledged programmes or as electives.  

Also, student’s intent of taking these programmes has changed. "While earlier they would take the elective to know more about entrepreneurship, they now take it with the purpose of starting something on their own," says Prof S Subramanian of IIM-Kozhikode. He says of the batch of about 60, at least 10 would end up starting a venture immediately.

The beauty of this programme is that it helps you find what you want to do, besides providing all the infrastructure and networking help.

An MBA helps an Entrepreneur learn the basics of management. The institute is also a place where he can seek ideas for his start-up.Kumar K, chairperson of academic programmes at IIM Bangalore's entrepreneurship learning centre NSRCEL, thinks that institutes help entrepreneurs reflect on and organise their prior learnings for a better performance, apart from identifying their own strengths and limitations as business managers.

Being away from their business for some time helps the entrepreneurs to question many of their assumptions and develop a more reasoned perspective on their own aspirations regarding their business. So if you are an entrepreneur, getting into a business school is an option worth considering.