Thursday, September 11, 2008

B- Schools latest offering exclusively for women: Entrepreneurship Course

A brief view of the course:
There are women who have the potential to grow their own business, but lack the means and skills. The initiative has been launched to create managerial capabilities, support and empower women entrepreneurs. Women are usually better managers, as they understand reality, respond well to challenges and the general tendency of women entrepreneurs is to employ more women. Women entrepreneurs are taught how they can manage important positions along with their family responsibilities. Things do not end at graduation or marriage for women today, as they want to seek further education, better career opportunities and want to make a mark. Entrepreneurship and business is no longer a man's domain." The course integrates business management with entrepreneurship. This helps in successful management of small and medium scale enterprises and family-owned businesses. It also infuses managers in the corporate sector the entrepreneurial spirit. Women prefer to learn and patiently build their business step by step instead of facing a lot of failures. Also, women tend to come with a variety of innovative businesses. Self-employed women in the rural sector have a major impact on society. Training and educating a woman will make her independent, ensuring that her children will be educated and healthy.
B-schools in the country have initiated programmes intended to churn out women entrepreneurs.

Eligibility:
The programme targets middle-income women with at least twelve years of formal schooling, between 20-50 years of age, comfortable in English and having some knowledge of the business that interests them will be an advantage

Admission Procedure:
Written test, personal interview, selection process

Colleges/Institutions:
Some institutions conducting this course are listed below:
1. Indian Institute of Bangalore (IIM-B), http://www.iimb.ernet.in/
2. Indian School of Business (ISB), Hyderabad http://www.isb.edu/
3. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, http://www.nmims.edu/

Duration:
1. IIM-B: Six-week programme, including two weeks of business plan presentation,
2. NMIMS: Three-month special management programme called ‘Enterprise Training for Women (ETW)

Fees:
IIM-B: The programme fee is Rs.17,000/ for non-residential students and Rs.25,000/ for residential students."