Published Paper


Managerial Education as a Catalyst for Entrepreneurial Skill Enhancement

Mayuraxee Barman
Department of Business Administration, Tezpur University, India
Page: 1757-1773
Published on: 2024 December

Abstract

The impact of managerial education on the development of entrepreneurial skills in management students is examined in this paper. Additionally, the study reports on the perspective of students and alumni regarding the usefulness of managerial education in inspiring them to become entrepreneurs. This study evaluates the relationship between educational inputs and entrepreneurial motivation as it investigates the impact of managerial education on the growth of entrepreneurial abilities among management students. In order to assess the contribution of managerial education and Entrepreneurship Development Programs (EDPs) to skill development, four variables were examined using Pearson's Chi-Square test. The findings show a strong correlation between the abilities developed by managerial education and the entrepreneurship-promoting inputs, with EDPs being essential in raising entrepreneurial readiness. It is important to incorporate entrepreneurial concepts into business curricula as there was no discernible correlation between general business management education and entrepreneurial talents. The survey also looked at how current students and graduates perceived things. It found that although most students and alumni who pursued entrepreneurship found managerial education to be inspiring, many alumni were not happy with the entrepreneurial advice they received while enrolled in MBA programs. These results highlight the significance of developing educational frameworks that provide students with both theoretical knowledge and useful skills, thereby creating an atmosphere that is supportive of entrepreneurship.

 

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