Abstract:
At a time when MBA graduates are commanding
huge salaries, there is a group of youngsters
who are willing to take the risk of entrepreneurship
and are turning towards entrepreneurship
education. That I think speaks volumes about
the sp,!ce that entrepreneurship per se (and education
in the area), has created for itself. Entrepreneurship
is today a ~obal phenomenon. Considering its
benefits to the entrepreneur and the economy, most
universities, including international universities
and management institutes, have started offering it
as a full-fledged course or an elective. I would like
to believe that management education and entrepreneurship
education are complementary to each
other with the former creating 'managers' - who are
the executors and the latter creating 'entrepreneurs'
- who are the architects of business. A manager is
always more successful if he/she possesses entrepreneurial
resourcefulness (or intrapreneurial traits as
we call it), while on the other hand, an entrepreneur,
in addition to entrepreneurial competencies will also
need managerial skills to succeed.
