What's your choice?

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.