Why Entrepreneurship?

An entrepreneurial mindset is one of the driving factors that can reverse the declining growth curve of the global economy. Small and medium sized enterprises form a major part of a country’s economy, especially in the developing countries. It thus becomes imperative for the budding managers to innovate and create economic opportunities by promoting entrepreneurship. This is where the importance of institutions comes in which can improve the chances of creating successful entrepreneurs through educational interventions.

Institutions need to create a culture which will focus on innovation and eventually bring up qualitative changes in the society around us. At Nitie, the very first class by Professor Prasad teaches you a basic funda of management – “Socho Becho Becho Sikho Sikho Socho”. It explicitly states that creative thinking and knowing the art of selling and then learning from your experiences are the key essentials of management. Maha Mandi, held every year which goes to the grass root levels in the way business is conducted and thus is an enriching experience. It is a socio-marketing initiative which promotes entrepreneurial spirit among students and also gives them an opportunity to do their bit for the society. This event was conceptualized by our Professor Prasad who is now popularly known as Professor Mandi because of the popularity of this event. In fact, Maha Mandi was earlier called only Mandi but gained this name after enthusiastic participation from various other B-Schools as well.

We are encouraged on how to utilize this knowledge and work on our own start-ups rather than working for MNCs. We also have a very famous event,

This is just to give a flavor of the entrepreneurship culture being built in our college. However our main objectives during the MBA phase and focus would be:

·         Discussion on Entrepreneurship as our career ahead.

·         Getting a flavor of B-School culture on entrepreneurship.

·         Sharing links of important sessions and seminars being conducted on entrepreneurship.

·         Lastly, helping out each-other on our ideas and how to improve on them.

Below is a list of resources one may find useful:

http://www.entrepreneur.com/startingabusiness/businessideas/index.html

http://yourstory.in/category/resources/business-ideas-plan/

Cheers!