Entrepreneurship Education
in India
K Ramachandran
Professor of Entrepreneurship & Strategy
Indian School of Business
K_Ramachandran@isb.edu
• Entrepreneurship education in India:
– Entrepreneurship training
– Entrepreneurship education in
management and technical institutions
– Entering the take off stage – job
seekers to job generators
FIRM LIFE CYCLE AND THE
ENTREPRENEURIAL JOURNEY
Diversify
Growth
Start - up
Idea
Attitude
Planning
Opportunity
Entrepreneurship
Education
Term Based
Programmes
Short Duration
Programmes
Long Duration
Programmes
Entrepreneurship Focus Areas
Pre Start Up
2
Pre Start
Up/Start Up
Across Life
Cycle
12
13
Pedagogical Choices
• Cases
• Business Plan judged by outsiders
•Mentoring
• Entrepreneur lectures/in residence
•Projects
• Project VC
• Conceptual Lectures
OTHER ACTIVITIES
Institute
ISB Hyderabad,
IIMA, IIMB, IIMC,
IIML
XLRI, XIMB,
SPJain, BITS
Pilani
Centre
Incubator, Student
Club, Promotional
Activities
Student Club,
Promotional
Activities
ENTREPRENEURSHIP AT ISB
• Entrepreneurship education in India:
– Impact making islands
– Great opportunity (self, organisation,
local and national economy)
– Critical factors:
• Faculty availability
• Expertise and need for capacity
building
Entrepreneurship Education in
India: Problems
• Absence of faculty awareness, opportunities,
and interest
• Lack of skills and knowledge in interested
faculty
• Need for an effort to create interest in faculty
and to develop the skills and knowledge
needed to teach entrepreneurship
TERM BASED PROGRAMMES
Institute
Course Title
Focus
Duration
ISB
PAEV
Pre Start Up
15 Weeks
IIMA
LEM
Pre Start Up
10 Weeks
ENVP
Pre Start up & Start Up
10 Weeks
ENVC
Pre Start up & Start Up
10 Weeks
Corporate Venturing
Pre Start up & Start Up
10 Weeks
Social Entrepreneurship
Pre Start up & Start Up
10 Weeks
New Venture Financing
Pre Start up & Start Up
10 Weeks
SEM
Across Life Cycle
10 Weeks
Managing New Ventures
Pre Start up & Start Up
10 Weeks
Org Issues in NV
Across Life Cycle
10 Weeks
NVP
Pre Start up & Start Up
10 Weeks
XLRI
Entrepreneurship & NV
Pre Start up & Start Up
10 Weeks
XIME
Entrepreneurship
Across Life Cycle
10 Weeks
XIM, Bhubaneshwar
NEM
Pre Start up & Start Up
10 Weeks
Rural Entrepreneurship
Pre Start up & Start Up
10 Weeks
Social Entrepreneurship
Pre Start up & Start Up
10 Weeks
Start your Business Prog
Across Life Cycle
12 Weeks
IIMB
IIMC
IIML
SPJMR
LONG DURATION PROGRAMMES
Institute
Course Title
Focus
Madurai Kamraj Univ
PGD in
Entrepreneurship
Across Life Cycle
EDII
PGDBEM
Across Life Cycle
Pre Start up & Start up
TREC-STEP
Entrepreneurship
Venture Incubation
Prog
S&T Entre. Dev Prog
Across Life Cycle
BCom, BBA, BBAITM,
Master of E Business
Across Life Cycle
EPBA
Across Life Cycle
Family Managed
Business Programme
Across Life Cycle
PGDME
Across Life Cycle
SEMCOM
SPJIMR
Indian Institute of
Entrepreneurship,
Guwahati
Duration
1 Year
1 Year
1 to 3 Years
18 Months
2 Years
1 Year
SHORT DURATION PROGRAMMES
DST
Programme
EDP
TEDP
FDP
Avg
2002Enrolment
03
25
27
25
20
49
33
COURSES OFFERED
2003- 200404
05
2005-06
45
48
55
61
53
79
40
47
40
200607
65
86
48
Emphasis Area
1
A Entrepreneurial
behaviours, attitudes and
skills developed
1
2
3
1
D. Motivated towards an
entrepreneurial career
E. Understanding the
processes of venture
creation
F. Generic entrepreneurship
competencies developed
6
7
4
2
1
3
1
2
1
1
3
1
1
1
2
4
2
1
2
1
1
G. Key minimum business
how-to's acquired
H.Effective management of
stakeholder relationships
5
2
B. Empathy with the life world of the entrepreneur
C. Key entrepreneurial
values inculcated
4
3
3
4
1
1
1
Rank
Emphasis Area
1
A Entrepreneurial
bahaviours, attitudes
and skills developed
3
B. Empathy with the life world of the
entrepreneur
1
2
3
1
D. Motivated towards an
entrepreneurial career
1
E. Understanding the
processes of venture
creation
2
6
7
1
2
2
F. Generic
entrepreneurship
competencies
developed
H.Effective management of
stakeholder
relationships
5
8
2
C. Key entrepreneurial
values inculcated
G. Key minimum business
how-to's acquired
4
1
1
1
1
1
1
1
Key initiatives to fill the void
•NSTEDB +other govt for EDC,STEP,TBI
•NEN –private
•SEE - voluntary
SEE as a Movement
Node
Node
Research
Node
Conference
Competition
SEE
Node
Facilitate
Training
Facilitate
Consulting
Website
Node
Data Bank
Node
Node
A Member’s Role
Training
Research
Node
(Chapter)
Guest
Lectures
Student
Projects
Consulting
Thank You