Few Lines about Innovation and Entrepreneurship
Innovation and Entrepreneurship are two closely related words used in the business world. Some may think they mean the same, but using them interchangeably would be making a big mistake. While they revolve around the same idea, it is crucial to understand the difference. Innovation is applying one’s creativity to come up with a unique idea or solution. It is a technological invention that lets the people do what was not possible previously.
Entrepreneurship by contrast is applying the innovation to bring the ideas to life. It’s a social innovation, which lets people do what they could not do previously. Entrepreneurs grasp the opportunity to cash in on the innovation. They build business and propel the innovation forward to reach global heights. The progress depends on entrepreneurship and great entrepreneurs get even richer than great innovators.
A brief about M.Sc Innovation & Entrepreneurship course
M.Sc Innovation and Entrepreneurship is a 2-year full time post graduate course that is divided into 4 semesters. The course imparts the knowledge to students on how to become successful entrepreneurs by developing innovative ideas. The course is designed to equip students with requisite skills, knowledge and networks needed to become entrepreneurs and innovators. The programme also builds the ability to create business ideas and develop these ideas into products among the students.
The M.Sc Innovation & Entrepreneurship students are aided in developing knowledge in important areas of entrepreneurship and innovation, that includes learning to commercialise the business ideas, how to seek venture capital, financing for their ventures and how to develop commercial business organisations.
Eligibility for M.Sc Innovation and Entrepreneurship
- The students who have completed their PUC or 10+2 in any stream from recognised board
- The students who have completed their bachelors from any stream with 50% aggregate from recognised university
Admission to M.Sc Innovation & Entrepreneurship
The students who are interested in the course can take admission via two modes (1) merit admissions and (2) direct admissions.
1. Merit Admission Mode
There are many top colleges and universities that conduct institution-based entrance exams for the course. The students who are interested in merit seats are required to apply for these entrance exams and clear them with high marks. The motto of the entrance exam is to select the right and deserving candidates from the group of non-serious students. The qualified students are then selected for merit seats. The fees for merit seats are nominal.
