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Top ten institutes in India to be an entrepreneur

  An MBA can increase chances of being successful at developing any business idea and launch it. AMARENDRA SINGH, Business Head, Find Your Institute (gofyi.in), lists the top-10 institutes in India, where you can pursue entrepreneurship specialisation at Master's level  

We have often been asked by budding entrepreneurs whether they should pursue an MBA education at all. As such, doing an MBA means an investment of 2 years of your time, tuition and other expenses. Is that kind of investment worth it, they ask. Who has not heard of Steve Jobs, who started in a garage and created an empire called Apple.

While, it is true that a few individuals have created wildly successful businesses from their garage, 'without a business degree', this should not be taken as a norm. One must keep in mind that over 90% of all start-ups fail. That is a fact. But if you have the right kind of tools and support system to put you among that 10% bracket, would you not take it?

'I want to work on my start-up idea. Should I pursue an MBA?' Are you asking this same question right now? In this article, we give you the top-10 institutes, which provide the right environment to groom you as a successful entrepreneur.

In this article, we try to bring forth the top-10 institutes in India, where you can pursue entrepreneurship specialisation at Master's level or want to make their own businesses a reality. We also showcase what facilities these institutes offer to the students wishing to bring their start-ups to life.

Institute’s Name

Facilities Available to Entrepreneurs

IIM, Ahmedabad

Centre for Innovation Incubation and Entrepreneurship (CIIE) at the IIM Ahmedabad focuses on developing entrepreneurial ecosystem in India. While, IIM Ahmedabad itself has remained the de facto centre for helping India’s best entrepreneurial minds, CIIE during its existence has trained, incubated or accelerated over 500 ventures, and seed-funded over 100 start-ups.

IIT, Bombay

The Society for Innovation and Entrepreneurship (SINE), at IIT Bombay is a technology and business incubator. SINE manages a technology business incubator at Indian Institute of Technology (IIT Bombay).  SINE has an infrastructure spread over 10,000 sqft, which can incubate 15-17 companies at a time. It is supported by several government departments such as Department of Science and Technology, Department of Information Technology, & Technology Development Board.  

Institute’s Name

Facilities Available to Entrepreneurs

IIT, Delhi

Foundation for Innovation and Technology Transfer (FITT), IIT Delhi is institute’s industry interface, with an aim to bring the industry and academia together. FITT set up the Technology Business Incubator (TBI) and an incubation facility for biotechnological ideas, called Biotechnology Business Incubation Facility (BBIF). So far, 68 start-ups have been incubated under FITT.

ISB, Hyderabad

The Center for Innovation and Entrepreneurship (CIE) at the ISB, Hyderabad aims to foster an ecosystem for creation and growth of enterprises. CIE supports ideas in key sectors including technology commercialization and works on acceleration, incubation and funding of business ideas. CIE also has Shakti Clean Energy Lab, which is India’s only incubation program for civil society organisations.

XLRI, Jamshedpur

The Entrepreneurship Cell (E-Cell) at the XLRI, Jamshedpur aims to establish and sustain an ecosystem for entrepreneurship at the institute, to provide necessary support systems for aspiring entrepreneurs and to be the leading centre for incubating entrepreneurs in the state.  XLRI also has a full-time residential program Post Graduate Programme for Certificate in Entrepreneurship Management (PGPCEM), which has emerged as one of the most effective academic initiatives to promote entrepreneurship in India.

MDI, Gurgaon

Arambh – The Entrepreneurship Cell of MDI, Gurgaon is also the Entrepreneurship Centre of the institute. MDI’s focus now, in terms of a B-School, is to move towards the innovation based start-ups.


Symbiosis Centre for Entrepreneurship and Innovation (SCEI) is an incubator for start-ups focussing on alumni, students and faculty of the Symbiosis International University (SIU).  Most student incubatees of SCEI are early stage start-ups, with a view to mature their idea into a business before they graduate out from their course at Symbiosis. Alumni incubatees are typically launch-stage start-ups. Promising external start-ups interested in being incubated with us are also welcome.

SPJIMR, Mumbai

The SPJIMR - Start-Up Incubation Centre (SPJIMR-SPIC) has generated over 70 start-ups, which has highlighted the Institute’s commitment to entrepreneurship. SPJIMR-SPIC is has basic infrastructure viz. meeting rooms, Wi-fi, library, e-resources, etc.

EDII, Ahmedabad

Entrepreneurship Development Institute of India (EDII), Ahmedabad is among the pioneers of entrepreneurship education in India. The institute has helped set up 12 state-level exclusive entrepreneurship development centers and institutes.

Rajendra Mishra School of Engineering Entrepreneurship (RMSoEE) at IIT Kharagpur

Rajendra Mishra School of Engineering Entrepreneurship (RMSoEE) at IIT Kharagpur is another premium spot for students aspiring to become entrepreneurs. It offers an option to all the undergraduate students of IIT Kharagpur to opt for an integrated Dual Degree course, which would offer them a master’s degree in entrepreneurship apart from a bachelor’s degree in the respective branch of engineering the student may be enrolled in. Apart from this, the institute also has full-time programs in Master of Science (MS) and Doctor of Philosophy (PhD).