UNDERGRADUATE PROGRAM

Turning Passion to Purpose

The program in Entrepreneurship allows students to pursue their career interests in Entrepreneurship & self-employment and wealth creation by undertaking focused academic and practical work in area.
The major in Entrepreneurship focuses on developing  self employable competencies and entrepreneurial mind set and on the process of new venture creation such as ideation, innovation, business plan, venture financing and family business. It goes beyond the mere introduction of concepts and frameworks, but covers practical application and equpping students with the information, knowledge and skills required for new venture creation and/or family business management and growth.

The Entrepreneurship major offers a unique interdisciplinary approach to the study of entrepreneurship and focuses on building entrepreneurial attitude and behaviour that  will lead to creative solutions across work settings within community and organisational environments. This program trains students to generate business ideas and solutions through application of creative techninques, environment scanning, trend spotting and so on. They are also trained in converting these ideas into vaible business opprtunities by evolving and innovating a sustanable business model. This program covers a range of  new venture financing options such as bootstrapping, seed fund, angel fund, venture capital, private equity and bank borrowings etc. Students are also trained in developing and presenting a business plan to investors.

The courses focus on refining the student's critical abilities by providing training in synthesis, critical analysis and  exposure to the basic courses in business management. The introductory courses are geared towards study of economics, accounting principles, and improving skills in the areas of  quantitative analysis, business communication and Organisational Behavior.  These courses will stregthen the major in entrepreneurship by creating a basic understanding of business. The intermediate courses reflect the movement of the program from the core towards the specialism. The core  courses herein  trains students in various functional areas of Business management covering financial management, operations management, human resource management  and management information system supplemented by a study of business laws and business research methods. The courses in the major focus on building entrepreneurial  mind set and providing opportunities to practice entrepreneurial competencies and also include courses on developing creative and innovative abilities of students leading to generating ideas and solutions. Students are trained in converting these ideas into vaible, scalable and sustainable business opportunities through evolving and innovating a business model. 

The advanced courses in the major focus more closely on equiping students with the skills of developing business plan, exposing them to various new venture funding options, steps in launching a new venture and entrepreneurial marketing. Capstone courses in Business Management like, corporate governance, Ethics, sustainability, corporate social responsibility and Business Strategy are also offered to develop a holistic and an integrated view of business, its ethical aspects and its effective governance. Along with electives in the area of business management, a project in the area of entrepreneurship domain is also incorporated to provide the students with exposure to real life applications in the domain and an overall understanding of the work environment.

Program Aims

The Entrepreneurship program intends to:

  • Provide a thorough learning in multiple areas of knowledge through the core courses in the area of Business Administration.
  • Enable the students to develop skill sets primarily communication and other soft skills relevant to the area of Business management.
  • Provide students with an understanding of concepts, relevant theoretical frameworks and multiple approaches in the study of Entrepreneurship and the process of new venture creation
  • Develop entrepreneurial competencies and motivation among the students and help them develop the confidence to venture into challenging career of entrepreneurship
  • Help students to unleash their own creative ability and develop in them the creative thinking habits leading to generating creative business ideas and problem solving.
  • Help students to convert ideas into viable, scalable and sustainable business opportunities and equip them with the process of evolving a business model
  • Equip students with application of numeracy while developing and communicating a business plan to investors
  • Expose students to multiple options of venture financing covering both through equity and debt
  • Help students understand the various steps involved in setting up a new venture in India and associated challenges and familiarize  them with the entrepreneurial eco-system 
  • Develop students as family business successors as enterprising and knowledgeable owners of the business as of their forefathers.

18 MAJOR COURSES

1. Principles of Management

7. Business Research Methods

13. Strategic Management

2. Quantitative Methods

8. Financial Management

14. Managing and Growing Enterprises

3. Managerial Economics

9. Operations Management

15. Entrepreneurship & Creativity

4. Marketing Management

10. Introduction on Innovation and Design Thinking

16. Entrepreneurial Finance

5. People Management

11. Legal Aspects of Business

17. Identifying and Evaluating Business Opportunities

6. Accounting for Managers

12. Business Ethics & Corporate Governance

18. Launching and Scaling up new Ventures

1. Principles of Management

This course provides an overview of the key domains of the field of management. It enables them to develop a holistic understanding of the functions involved in developing and managing organizations and prepares them for deeper exploration of the management domain in future.

2. Quantitative Methods

Modern management is increasingly adopting quantitative methods in making strategic decisions. Though the uncertainty in business environment is increasing, the available data for making decision is also increasing at an extremely high rate. Managers are required to collect, analyze and interpret mathematical output for making decisions. The course has been designed to develop familiarity with application of statistical methods in managerial problem solving and decision-making.

3. Managerial Economics

This course provides a solid foundation of economic understanding for use in managerial decision-making. The course provides students with a broad overview of both micro and macroeconomics and thus equips them with the knowledge, tools and techniques to make effective economic decisions under different business environments.

4. Marketing Management

This course provides a conceptual framework to the students to understand the function of marketing in an organization. The course makes them vigilant of the marketing happenings in the real world. It also helps students to apply the marketing concepts and theories to solve case studies and projects. In conclusion, the course builds a foundation of marketing function in an organization.

5. People Management

This course is an introduction to organizational behaviour and human resource management for undergraduates. It discusses behaviour in organizations at individual, group and organizational levels and the practices and tools for managing human resources effectively. It enables students to understand the underlying aspects that drive behaviour in organizations and what tools and practices can be employed to direct individual actions towards organizational objectives.

6. Accounting for Managers

Financial accounting provides the means of recording and reporting financial information in a business. Accounting plays a vital role as an information system for monitoring, problem solving and decision-making. This course provides the fundamentals of Financial Accounting and goes on to demonstrate how accounting fits into the overall business environment of an organization. In addition to this, Management Accounting systems, which have a strong internal focus can be effective tools in providing information that is useful in decision making at all levels in the organization. Management accountants play a strategic role in developing and providing both financial and non-financial information that is critical to the success of an organization.

7. Business Research Methods

The objective of the course is to enable students to understand the role and importance of research in improving managerial decisions when faced with uncertainty. Statistical methods are applied in all functional areas of business: accounting, finance, management, and marketing. The issue facing managers is not a shortage of information but how to use the available information to make better decisions. Statistical thinking includes the recognition that data are inherently variable and that the identification measurement, control, and reduction of variation provide opportunities for quality improvement.

8. Financial Management

This course in Financial Management provides a detailed understanding of the Finance Function and its interrelationship with other areas of Business. It seeks to develop the foundation for financial management concepts. It primarily helps the student to understand how businesses make investment, Financing, working capital management and dividend decisions and what are the key factors that influence these decisions

9. Operations Management

The aim of this course is to inculcate key concepts, basic issues, capabilities, limitations, and tools/technologies related to the operations function. This course also helps students understand and appreciate the role of operations in the firm’s overall strategy and its interdependence with the other firm functions, learn the key concepts, basic issues, capabilities, limitations, and tools/technologies related to the operations function in manufacturing and services firms and develop analytical and problem solving skills specific to operations area.

10. Introduction on Innovation and Design Thinking

The course will encourage students to understand the process of transforming innovative ideas into final product or services. Process of innovation involves a step-by-step mechanism to generate creative ideas and manifest them into desired output. The course will help students to understand the journey of creative and innovative ideas from MIND TO MARKET.

11. Legal Aspects of Business

This course provides conceptual understanding and interpretation of business & economic legislations governing corporate environment and individual and corporate taxation. It aims to provide conceptual understanding and interpretation of business & economic legislations governing corporate environment and taxation for individual and corporate , appraise legal framework in India, provide an overview of important laws that have a bearing on the conduct of business in India, examine the various legal forms that a business entity can take and the relative advantages and disadvantages of each of these forms and understand various modes of dispute resolution in business transactions.

12. Business Ethics & Corporate Governance

The course is designed to develop a clear perspective on role of business and responsibility in society among students. It introduces student to ethical issues and dilemmas regarding what is right or wrong every day of working life. Understanding the responsibility of corporate boards and control mechanisms is essential to ensure prevention of irregular practices.

13. Strategic Management

The overall purpose of this course is to equip students of business management with the core concepts, frameworks and techniques of strategic management that will allow them to make better decisions both for their prospective companies and themselves. Strategic management is all about managing to achieve outstanding success; and the essential tasks of strategy are to identify the sources of superior business performance and implement a strategy that exploits these sources of superior performance. This course reaffirms the relationship between strategic planning, formulation and implementation. The practical and interwoven theoretical nature of class deliberations will cull out the deeper understanding of strategy in business. This course enable a student to build business decisions based on careful analysis of resources, capabilities, competition and environment.

14. Managing and Growing Enterprises

To be added soon.

15. Entrepreneurship & Creativity

The 21st century has dawned with entrepreneurship as major force shaping the global economy. In today’s knowledge economy India is emerging as an ‘Entrepreneurial nation on a global map. At the heart of this entrepreneurial manifestation is the entrepreneurial mind set. Those who possess the spirit of enterprise have led, and will continue to lead, the economic revolution that has proved repeatedly to raise the standard of living for people everywhere. This course is broadly designed to help you join this revolution to bring about lasting, positive changes in your community, organization and around the world.
This interdisciplinary and integrated course thus tries to address two sets of students.
i) Those desirous of building entrepreneurial attitudes and behaviors which can be applied across careers and work setting leading to creative & innovative solutions within community and organizational environment;
ii) Those having immediate entrepreneurial aspirations or considering being involved in starting an entrepreneurial venture at some point of his or her career.

16. Entrepreneurial Finance

This course aims to examine factors affecting a financing decision, how they are evaluated and how different attending factors are weighted, understand issues relating to raising seed capital, working capital, short term and long term financing options, provide a detailed outline of the key elements of a strong business plan, outline, draft and write a business plan based on a new business concept. It also helps to prepare and present a venture presentation based on a new business concept, valuing firms and conducting financial analysis, appreciate the difference between venture capital, Private equity and traditional financing options and examining Public finance (IPO) and listed security options.

17. Identifying and Evaluating Business Opportunities

This course aims help students develop skills in them to generate business ideas, develop Design thinking skills, help them to convert ideas into opportunities, equip them with the process of evaluating business opportunities and help them to analyse and evolve new business models.

18. Launching and scaling up new Ventures

This course helps to provide an insight into challenges of founding new ventures like team formation, hiring, familiarise students with the step by step process of launching a successful start-up, exposes them with the start-up eco-system in India. It explains students the critical tasks to be accomplished and the hurdles to be overcome during start-up and early growth and takes them through the process of starting and scaling up new venture in a simulated competitive and dynamic environment.

15 MINOR COURSES

1. Principles of Management

6. Accounting for Managers

11. Launching and Scaling up new Ventures

2. Quantitative Methods

7. Financial Management

12. Managing and Growing Enterprises

3. Managerial Economics

8. Operations Management

13. Entrepreneurship & Creativity

4. Marketing Management

9. Introduction on Innovation and Design Thinking

14. Entrepreneurial Finance

5. People Management

10. Legal Aspects of Business

15. Identifying and Evaluating Business Opportunities

 

1. Principles of Management

This course provides an overview of the key domains of the field of management. It enables them to develop a holistic understanding of the functions involved in developing and managing organizations and prepares them for deeper exploration of the management domain in future.

2. Quantitative Methods

Modern management is increasingly adopting quantitative methods in making strategic decisions. Though the uncertainty in business environment is increasing, the available data for making decision is also increasing at an extremely high rate. Managers are required to collect, analyze and interpret mathematical output for making decisions. The course has been designed to develop familiarity with application of statistical methods in managerial problem solving and decision-making.

3. Managerial Economics

This course provides a solid foundation of economic understanding for use in managerial decision-making. The course provides students with a broad overview of both micro and macroeconomics and thus equips them with the knowledge, tools and techniques to make effective economic decisions under different business environments.

4. Marketing Management

This course provides a conceptual framework to the students to understand the function of marketing in an organization. The course makes them vigilant of the marketing happenings in the real world. It also helps students to apply the marketing concepts and theories to solve case studies and projects. In conclusion, the course builds a foundation of marketing function in an organization.

5. People Management

This course is an introduction to organizational behaviour and human resource management for undergraduates. It discusses behaviour in organizations at individual, group and organizational levels and the practices and tools for managing human resources effectively. It enables students to understand the underlying aspects that drive behaviour in organizations and what tools and practices can be employed to direct individual actions towards organizational objectives.

6. Accounting for Managers

Financial accounting provides the means of recording and reporting financial information in a business. Accounting plays a vital role as an information system for monitoring, problem solving and decision-making. This course provides the fundamentals of Financial Accounting and goes on to demonstrate how accounting fits into the overall business environment of an organization. In addition to this, Management Accounting systems, which have a strong internal focus can be effective tools in providing information that is useful in decision making at all levels in the organization. Management accountants play a strategic role in developing and providing both financial and non-financial information that is critical to the success of an organization.

7. Financial Management

This course in Financial Management provides a detailed understanding of the Finance Function and its interrelationship with other areas of Business. It seeks to develop the foundation for financial management concepts. It primarily helps the student to understand how businesses make investment, Financing, working capital management and dividend decisions and what are the key factors that influence these decisions

8. Operations Management

The aim of this course is to inculcate key concepts, basic issues, capabilities, limitations, and tools/technologies related to the operations function. This course also helps students understand and appreciate the role of operations in the firm’s overall strategy and its interdependence with the other firm functions, learn the key concepts, basic issues, capabilities, limitations, and tools/technologies related to the operations function in manufacturing and services firms and develop analytical and problem solving skills specific to operations area.

9. Introduction on Innovation and Design Thinking

The course will encourage students to understand the process of transforming innovative ideas into final product or services. Process of innovation involves a step-by-step mechanism to generate creative ideas and manifest them into desired output. The course will help students to understand the journey of creative and innovative ideas from MIND TO MARKET.

10. Legal Aspects of Business

This course provides conceptual understanding and interpretation of business & economic legislations governing corporate environment and individual and corporate taxation. It aims to provide conceptual understanding and interpretation of business & economic legislations governing corporate environment and taxation for individual and corporate , appraise legal framework in India, provide an overview of important laws that have a bearing on the conduct of business in India, examine the various legal forms that a business entity can take and the relative advantages and disadvantages of each of these forms and understand various modes of dispute resolution in business transactions.

11. Launching and Scaling up new Ventures

This course helps to provide an insight into challenges of founding new ventures like team formation, hiring, familiarise students with the step by step process of launching a successful start-up, exposes them with the start-up eco-system in India. It explains students the critical tasks to be accomplished and the hurdles to be overcome during start-up and early growth and takes them through the process of starting and scaling up new venture in a simulated competitive and dynamic environment.

12. Managing and Growing Enterprises

To be added soon.

13. Entrepreneurship & Creativity

The 21st century has dawned with entrepreneurship as major force shaping the global economy. In today’s knowledge economy India is emerging as an ‘Entrepreneurial nation on a global map. At the heart of this entrepreneurial manifestation is the entrepreneurial mind set. Those who possess the spirit of enterprise have led, and will continue to lead, the economic revolution that has proved repeatedly to raise the standard of living for people everywhere. This course is broadly designed to help you join this revolution to bring about lasting, positive changes in your community, organization and around the world.
This interdisciplinary and integrated course thus tries to address two sets of students.
i) Those desirous of building entrepreneurial attitudes and behaviors which can be applied across careers and work setting leading to creative & innovative solutions within community and organizational environment;
ii) Those having immediate entrepreneurial aspirations or considering being involved in starting an entrepreneurial venture at some point of his or her career.

14. Entrepreneurial Finance

This course aims to examine factors affecting a financing decision, how they are evaluated and how different attending factors are weighted, understand issues relating to raising seed capital, working capital, short term and long term financing options, provide a detailed outline of the key elements of a strong business plan, outline, draft and write a business plan based on a new business concept. It also helps to prepare and present a venture presentation based on a new business concept, valuing firms and conducting financial analysis, appreciate the difference between venture capital, Private equity and traditional financing options and examining Public finance (IPO) and listed security options.

15. Identifying and Evaluating Business Opportunities

This course aims help students develop skills in them to generate business ideas, develop Design thinking skills, help them to convert ideas into opportunities, equip them with the process of evaluating business opportunities and help them to analyse and evolve new business models.