Entrepreneurial Inclination among the Business Management Students: An Empirical Study

Abstract

Today an off-beat career choice such as Entrepreneurship is gaining huge popularity due to the cut-throat competition and lack of opportunities in the formal sectors. Dozens of youths with a dream to do something on their own are leaving their secure jobs to pursue their dream business venture. Entrepreneurship fever is gripping a rising tide of young professionals today, due to the opportunities thrown up by liberalization and economic growth. In the prevailing scenario, Management Institutions often boast of near 100% job placement for their students and strive to create their identity around the same. But in the days to come the basis to identify an excellent institution will depend on how many entrepreneurs it created rather than how many students could find lucrative placements. A questionnaire was administered to around 93 MBA students at Bharati Vidyapeeth Institute of Management, Kolhapur. The study aims at finding out the various motivating factors which make the student select entrepreneurship as a career option as well as the various perceived difficulties which hinders the choice of the students in selecting entrepreneurship after their post graduate course. The hypothesis based on this idea will be tested using non-parametric tests. Based on the findings, suggestion will be given regarding improvement of Entrepreneurial programs conducted and also help to continuously inventory the student's attitude, skills and competencies for an entrepreneurial career, whereby a rich entrepreneurial culture among the students will be created.