Entrepreneurship Development, in short, ED is an important subject in management study and courses like PGDM, MBA, B.com, M.com, BBA, ..etc. Here we have shared all the topics that are in the Entrepreneurship Development syllabus (ED) in the fourth semester of MBA (Master of Business Administration).
What is Entrepreneurship Development?
Entrepreneurship Development is a program meant to develop entrepreneurial abilities among people.
In other words, it refers to the inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his/her enterprise.
Definition of Entrepreneurship
According to A.H. Cole,
Entrepreneurship can be defined as the purposeful activities of an individual or a group of associated individuals undertaken to initiate, maintain or organize a profit-oriented business unit for the production or distribution of economic goods and services.
► Why do we study Entrepreneurship Development?
- Identify the changing roles, traits of entrepreneurs for the growth of entrepreneurship.
- Assess internal and external factors affecting entrepreneurship and apply theories to overcome them.
- Analysis of market and Developing business plan process.
- To develop reports and analyze various funding offered by different financial institutes.
- To Develop the role and schemes of government to support entrepreneurship
► Entrepreneurship Development Syllabus
Syllabus of Entrepreneurship Development in MBA.
Subject Name: Entrepreneurship Development
Subject Code: MBAT 403
Course: MBA IV Semester 2020-22
University: Uttarakhand Technical University (Dehradun, Uttarakhand)
Total Credit: 3
Internal Marks: 30
External Marks: 70
Total Marks: 100
Entrepreneurship Development Syllabus in MBA (UTU, Dehradun)
Note: This Entrepreneurship Development (ED) Syllabus is as per MBA Academic Session 2020-21 of Uttarakhand Technical University, UTU Dehradun. The syllabus is according to the Scheme of Examination as per AICTE Flexible Curricula.
Unit 1: Foundation of Entrepreneurship Development
Concept and need of entrepreneurship;
Characteristics and Types of Entrepreneurship;
Entrepreneurship as a career;
Entrepreneurship as a style of Management;
The changing role of the entrepreneur;
Entrepreneurial traits,
factors affecting entrepreneurs.
Units 2: Theories of Entrepreneurship
Influences on entrepreneurship development;
External influences on entrepreneurship development;
Socio-cultural,
Political,
economical,
personal entrepreneurial success and failure:
reasons and remedies;
Women entrepreneurs:
Challenges and achievements of women entrepreneurs.
Unit 3: Business Planning Process
The business plan as an entrepreneurial tool;
Elements of business planning;
Objectives;
Market analysis;
development of Product/idea;
Marketing,
Finance,
Organization and management;
Ownership;
Critical risk contingencies of The proposal;
Scheduling and milestones.
Unit 4: Project Planning for Entrepreneurs
Technical,
Financial,
Marketing,
Personnel, and management feasibility reports;
Financial schemes offered by various financial institutions,
Like Commercial Banks,
IDBI, ICICI, SIDBI, SFCs,
Foreign currency Financing;
Estimation of Financial requirements.
Unit 5: Entrepreneurship Development and Government
Role of Central Government and State Government in promoting entrepreneurship with various incentives, subsidies, grants, programs,
schemes and challenges.
Government initiatives and inclusive entrepreneurial Growth.
Suggested Reading
1. Khanna, S. S., Entrepreneurial Development, S. Chand, New Delhi.
2. Hisrich D. Robert, Michael P. Peters, Dean A. Sheperd, Entrepreneurship, McGraw-Hill,6 ed.
3. Zimmerer W. Thomas, Norman M. Scarborough, Essentials of Entrepreneurship and Small Business Management, PHI,4 ed.
4. Holt H. David, Entrepreneurship: New Venture Creation, Prentice- Hall of India, New Delhi, Latest edition.
5. Kuratko, F. Donald, Richard M. Hodgetts, Entrepreneurship: Theory, Process, Practice, Thomson, 7ed.
6. Desai, Vasant, Dynamics of Entrepreneurship: New Venture Creation, Prentice-Hall of India, New Delhi, Latest edition.
7. Patel, V. G., The Seven Business Crises and How to Beat Them, Tata McGraw-Hill, New Delhi, 1995.
8. Roberts, Edward B.(ed.), Innovation: Driving Product, Process, and Market Change, San Francisco: Jossey Bass, 2002.
9. SIDBI Report on Small Scale Industries Sector, the latest edition.
