As per studies conducted worldwide, it has been found that an MBA orÂ PGDMÂ degree can giveÂ B-school studentsÂ at least 4 important tools that they may need to be a successful entrepreneur.
Â 1. Unlocking of âIdeasâ
An MBA or PGDM programme is perhaps one of the best places for new entrepreneurs to take the plunge and begin their new business ambitions. While it has been found that a whopping large number of students actually began their new business while still enrolled in business school, it has also been established that several entrepreneurs owned their own business before enrolling in school for seeking skills to enhance their existing company.
Â 2.Â An opportunity to âDo What You Loveâ
The age old concept to âfollow your passion and youâll never work a day in your lifeâ holds good for business school graduates. It has been found that a large number of graduating student entrepreneurs said that following their passion was the primary reason for starting their own business. An MBA or PGDM degree can give a student the skills they will need to take that passion and make it a business.
3.Â A chance to âGain Skillsâ
As per its core course curriculum, there can be no doubt that an MBA or PGDM programme provides aspiring entrepreneurs with the requisite skills to establish their own business or to grow an existing business. Most of the management graduates who came from a business background, said that business school helped them to lead their company and helped them to grow their business as well. Again, a large number of them said that theirÂ business schoolÂ helped them to develop an idea into a business.
Â 4.Â A platform to âDevelop New Business Ideas Across Industriesâ
Entrepreneurs are known to start businesses in all industries. One of the big reasons is that, an MBA or PGDM programme can introduce business professionals to various industries and can also teach them methods to improve market research in these industries.
Asian Business Schoolâs PGDM Program prepares the next generation of world leaders through a rigorous, stimulating business and management curriculum based on a global perspective, industry demand, and leadership preparing graduates with the skills they need to pursue the career they want.
Recently, as part of the Leadership & Entrepreneurial Aspiration Development (LEAD) Series,Â Asian Business SchoolÂ (ABS)Â âÂ which isÂ a constituent ofÂ Asian Education GroupÂ and is ranked asÂ one of the best B-schools in Delhi NCRÂ â hosted Mr. Shivi Singh, Founder & CEO ClearDekho on Thursday, 18thÂ July 2019. Mr. Shivi Singh delivered an engagingÂ Guest Lectureunder the LEAD Lecture Series at Asian Business School (ABS)Â wherein he shared first-hand experience of his entrepreneurial journey and also provided success tips to the new batch of ABSÂ Post Graduate Diploma in ManagementÂ (PGDM) students.
He suggested that students should be open to work in âstart-upsâ as it provides them an early opportunity to lead a project with a sense of responsibility and ownership that in turn makes them work hard to achieve their very own success. Here, he cited the proud example of how an ex-student of ABSÂ PGDM, Mr. Rahul Srivastava, who had got selected to work in his nascent organization a few years before, is now leading his entire department with great success. He also advised them not to consider âmoneyâ as an all important factor but to consider âchallengesâ as the main spur for long term success.
Thus, entrepreneurship is surely one of the best options that management students can explore â and, to become successful in that venture, a course in MBA or PGDM from one theÂ top MBA/PGDM collegesÂ like Asian Business School will surely help them in acquiring the requite skills and thereby fulfilling their dreams!