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Entrepreneurship Tips for MBA/PGDM Students

According to studies conducted worldwide, it has been found that an MBA or PGDM degree can give B-school students at least 4 important tools that they may need to be a successful entrepreneur.

1. Unlocking of ‘Ideas’

An MBA or PGDM degree 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.

2. An opportunity to ‘Do What You Love’

The age old concept to “follow your passion and you’ll never work a day in your life” 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. A chance to ‘Gain Skills’

As per its core course curriculum, there can be no doubt that an MBA or PGDM degree 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 their business school helped them to develop an idea into a business.

4. A platform to ‘Develop New Business Ideas Across Industries’

Entrepreneurs are known to start businesses in all industries. One of the big reasons is that, an MBA or PGDM degree can introduce business professionals to various industries and can also teach them methods to improve market research in these industries.

Asian Business School’s 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.

One of the important academic feature of this program is the concept of Guest Lectures whereby corporate head-honchos as well as doyens from the academia are invited to share their valuable insights from their rich experience about contemporary business issues, the challenges they have faced and how they dealt with them. These sessions serve as an ideal platform for the students to supplement their theoretical knowledge with first hand perspectives from some of the stalwarts of the industry and also appreciate the different dimensions of handling modern day business challenges.

As part of the Leadership & Entrepreneurial Aspiration Development (LEAD) Series, Asian Business School (ABS) – which is a constituent of Asian Education Group and is ranked as one of the best B-schools in Delhi NCR – hosted Mr. Farrhad Acidwalla – Entrepreneur, TEDx Speaker, Founder-Rockstah Media & CyberNetIV Digital – on Tuesday, 16th July 2019. Mr. Farrhad Acidwalla delivered a captivating Guest Lecture under the LEAD Lecture Series to the new batch of ABS Post Graduate Diploma in Management (PGDM) students.

In his highly engrossing talk, Mr. Farrhad Acidwalla took the listeners down his memory lane and recounted his journey so far in life and achievements. He spoke at length about how he focused and translated his passion for new-age digital strategies and concepts into a start-up and a business module that eventually made him one of the world’s youngest entrepreneurs. His talk was just too interesting and the students and other guests listened to him in rapt attention throughout the session.

Entrepreneurship, therefore, is surely one of the best options that management students can explore – and, to become successful in that venture, a course in MBA or PGDM from one the top MBA/PGDM colleges like Asian Business School will surely help them in acquiring the requite skills and thereby fulfilling their dreams!