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Online MBA for Entrepreneurs

Having the Cake and Eating It Too

“You can't have your cake and eat it too” they say. But it happens sometimes, rarely though. Curious to know? Entrepreneurship ideas stem from passion or possession (say family business). For ideas to turn entities proper implementation is a must. MBA degree gains relevance here. Online MBA for Entrepreneurs provides the insights to carry through the ideas. You have the cake and eat it too! Online MBA (ICFAI Online MBA intended) model suits best in this context as it offers a perfect work-study balance.

How does MBA add value for an entrepreneur?

Passion cannot be taught, says psychologists. It could be true too. But there can't be a disagreement that it can be improved. The tool for this improvement is the MBA program. Let’s see a case in point. Your venture is working healthy. But someday you find that it is not heading in the desired direction. The question will be what next? MBA sets a problem solving state of mind through its case studies. There are some more benefits:

  • Helps the entrepreneurs to wear different hats comfortablly: E.g. functions like HR, communication, and interpersonal skills.
  • Imparts confidence to the entrepreneur to take the critical decision on business development and pivoting.
  • Provide opportunity for networking with peers and experts which stands you in good stead during crises.
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  • Gurpreet is the scioness of a renowned jewellery brand that claims a legacy of three generations. Unique traditional hand crafted jewellery is their USP. Eventhough the brand has been able to gain loyalty through its heritage, Gurpreet felt that more needs to be done to drive the future sales. She completed her masters in gemmology and business management. She pins high hopes on this qualification, MBA in particular. We could engage her in a brief conversation recently. Excerpts:

    Q: How does MBA help in managing your business?

    Gurpreet: Someone told me one plus one makes a better one. That is what I find here. Our brand has been around for generations. Management education has helped to leverage these pluses to our advantage.

    Q: Any example?

    Gurpreet: : There are many. Firstly, there has been a slight shift in our outlook. Keeping our tradition of fine hand crafting intact, we have forayed into trendy designs. We have tied up with a diamond brand to add variety to the latest trend of diamond jewellery.

    Q: How is MBA helpful in business development?

    Gurpreet: : Indeed Yes!! Started off as a single jewellery store, we are now present in many major cities with well stored show rooms. Management education has helped in business scaling techniques.

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  • Can MBA degree be the key to make your professional dreams come true? Here's an interesting read.

    It was after a long interlude that I caught up with Kiran recently. We both used to be regulars at social gatherings, before the social distancing became the norm. All of a sudden, handshakes succumbed to virtual Hi's and hugs conceded to reluctant hand-folds. Our social calendars thus became a blank sheet.

    For the inquisitives, Kiran is a smart medical doctor; hospital's pride and peers' envy. And he happily worked and enjoyed his life. A normal story would have ended thus. But the climax here has a different twist. All because of Kiran's drive to embrace the change. He was agile and innovative too. He always looked at things in a larger organisational perspective. It was obvious, Kiran was created to be a doctor and an entrepreneur; rather a doctor-entrepreneur. He studied management as he worked. The MBA degree stood him in good stead here.

    I just recalled Kiran's words “Every day when I walked past our CEO's cabin, I used to make a head trip to be sitting in his chair.” I cautioned him that it involved a lot of betting on himself. But he was already there.

    To make the long story short, Kiran has achieved what he is made to be. He now owns a 100 plus bed hospital. The tell-tale glow was evident on his face. His treat is pending.

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  • Sharpening For that Right Edge

    Sharpening ups the quality. A sharp knife is the chef's joy and a sharp photo is the lensman's pride. For an entrepreneur, sharpened skills add to the #VentureSupport. One way of making the skills acute is to pursue the ICFAI Online MBA program. You get the #Personalized #LearningSupport needed to kick-start or sustain a business venture. Let's watch how the path unfolds:-


    Venture Support

    • Personalization Wins the Hearts: Personalized modules gain you the grip (of the subject).
    • Ideas Decay in “Cold Storage”: To make them actionables, they have to be evolved and nurtured.
    • Get Into Cafeteria: Cafeteria means an arbitrary walk plan choosing whatever you like. So does our cafeteria of holistic learning.
    • Rub Your Shoulders: Rub shoulders with entrepreneurs who matter (virtually though) through webinars.
    • Look to Jump-Starting? Our Entrepreneurship Practicum gives that extra push.
    • Practice Makes One Perfect: Our course projects are prototypes to test the real big ideas.

    Learning Support

    • Grass is Greener on This Side Too: World class case study, industry based research, tailored micro learning; we have everything here.
    • Cricket is a Team Event: So too is our learning. Avail the advantage of collaborative learning with experienced and fresh hands.
    • Close Your Mobile Games: (For the moment); for, it is time for our app based learning.
    • Assessment Phobia? No way: Our learning aids are 'assessment friendly'.
    • You Are So Special: Our mentors have one-to-one support just for you.

    Personalized

    • A lot on your plate? Turn to the customized assessment way that splits up have-to-do things.
    • Ideas Need Rejuvenation? Access to the universities Institution Innovation Cell incubation.
    • Alignment Matters: Your venture idea is aligned with the program delivery throughout the course.
    Program Structure
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