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Introduction: Background
There are about 4500 B Schools in India (Source: January, 2013 NDTV profit) and number keeps growing. Here, most of us when think about an MBA imagine a high salary, a business class flight and luxury stay and vacations. For most of us, running our own business is not even an option to think about. Long nights, long journeys, working at every level and dealing with all sorts of people and other hassles make it even less glamorous. However, becoming and entrepreneur could be one of the most fulfilling career choices. If we look from service providers side also then there are very few institutions in India, who focus in entrepreneurship education. We have become more of a job seeker than a job creator. Entrepreneurship education focuses on enhancing entrepreneurship, which is not very common in India. A step ahead to address this situation would be to develop entrepreneurship education in India. Even though its late the number of institutions with focus in entrepreneurship education is growing. XLRI Jamshedpur, EDI Gandhinagar, SPJIMR Mumbai, NMIMS Mumbai, XIME Bangalore, Univ18 Business School (Online MBA in entrepreneurship) are the amongst those few institutions to name. SIBM Pune is a late addition to these lists of B Schools. (Source: www.indiaeducation.net) SIBM Pune has started Entrepreneurship as a part of regular MBA program, which is the cradle of developing the entrepreneurship education amongst SIU institutes. As of now it is just an internal subject of 2 credits. Being a well renowned B School and known for its marketing and HR majors, SIBM Pune if looking to build a name as a preferred destination for entrepreneurship education should work more and it needs a roadmap. I have some objectives set, planning guidelines and suggestions to contribute to achieve such a wonderful goal by this institute.
Basic Guidelines to make SIBM Pune unique and the best in coming years:
Faculty: I believe faculty for entrepreneurship education should be from similar background. Otherwise teaching quality will be compromised.
Suitable Candidates: Students profile should be such that a student has a zeal for entrepreneurial education. A tag of SIBM MBA can entice everyone so college should make the process of selection very dynamic unlike the present system of SNAP and GDs. Rounds of interviews and essays could help more. Collaborations: As other institutions of India, SIBM Pune also should partner with global B Schools to make it more effective and efficient. Research Development: There should be fellowships to students from various corners of the world and projects along with the involvement of government. We can take ideas from Australian and American Uinversities.