Your path to Entrepreneurship

Study Entrepreneurship / Business Programme in Europe

by Czech College / Monday, 02 November 2015 / Published in Study MBA in Europe

Attending business school has traditionally been a way to advance in the ranks of an established company, but recently more students are electing to work for themselves soon after getting their degree. Having an understanding of the overall economic picture and the ability to decipher important statistical data and the behaviour of other players in the economy makes all the difference in today’s world. Judging the correct timing for expanding or consolidating and knowing how to change your actions is an art that usually comes with experience, but its foundations can be laid in education.

It is reported that a full half of European nations are undergoing educational reform to include an entrepreneurship component in their commerce and business degree. This imperative is attributed to the 21st century challenges facing Europe, and the accompanying drive to create an entrepreneurial culture that will foster innovation and commercial success. Many European schools and universities offer quality Entrepreneurship degrees, such as Czech College in Prague.

The beauty of a entrepreneurship/business programme is its flexibility to incorporate various fields of study and offer a multitude of specialisation options. Most B-Schools offer students a set of modules from which they are supposed to pick some mandatory modules and mix and match to pick a specific number of electives. There is a fixed set of learning credits that needs to be earned by the study of mandatory modules and the electives.

The General MBA or the regular MBA gives students the chance to learn a little bit of everything and then figure out where they would like to apply their learning. Specialist MBAs on the other hand focus on a specific area right from the beginning and allow students to become experts in their chosen area of study. Brief descriptions of the most popular MBA specialisations are given below:

Entrepreneurship

This specialization will help you identify attractive opportunities and to design and build new ventures. The pedagogy in the course includes case studies, vigorous classroom debate, video, and in-class visits from case protagonists. In addition to conveying frameworks for opportunity identification, business model development, raising financing, building founding teams, and growing nascent ventures, one of the major objectives of this course is to model the work life of a variety of entrepreneurs so that you will have the chance to personally reflect on your desire to pursue this type of career. Throughout the course, the cases and our discussions will have as their focal point the entrepreneur who, in the face of great uncertainty, must make decisions and take action.

Social Entrepreneurship

While virtually all enterprises, commercial and social, generate social value, fundamental to this definition is that the primary focus of social entrepreneurship is to achieve social impact above all else. How can organizations achieve greater social impact through social entrepreneurship? Oftentimes growth seems to be the answer. Without a doubt, many social enterprises (SEs) have achieved significant impact by scaling. Yet, the process of organizational growth also poses tremendous challenges. Even when organizations manage to overcome the many obstacles to growth, and achieve appreciable scale, this approach is seldom sufficient to achieve significant social impact on its own. This course explores how to utilize social entrepreneurship to generate social impact

Finance

The MBA in Finance continues to remain strong and despite global recessions and the Wall Street crash. From career opportunities as fund managers to jobs in banks and share-trading firms, the MBA in Finance is a great study option.

Human Resources Management

The process of hiring the right employee for an organisation requires immense skill. Happy employees contribute to the growth of a company. The MBA in Human Resources Management is the perfect option for those who love interacting with people.

Accounting

In recent years, Accounting as a separate MBA specialisation is gaining importance as Finance and Accounting are treated as two different streams. This programme is of great importance for those working as auditors and chartered accountants.

Information Technology and Information Systems

An MBA in IT combines management with IT policies and offers modules in software management, cyber-security, managing IT teams and decision-making. This MBA specialisation holds immense potential, as even smaller companies are increasingly dependent on computing and networks.

International Business

Business is no longer dependent just on local production and distributors. The fall in the value of the currency in China or a devastating drought in India can have global ramifications. As products find new takers and entrepreneurs explore new business markets an MBA in International Business is a good option.

Project Management

The MBA in Project Management is a coveted degree. A certification from the Project Management Institute gives additional value to the degree. From designing plans that monitor manufacturing to designing individual targets for employees; certified project managers are in high demand.

Marketing

There is an old saying that goes – “Any fool can make a product, it takes brains to sell it.” The MBA in Marketing explores modules in selling techniques, customer psychology, business strategies and marketing.

Supply Chain Management

The MBA in Supply Chain Management focuses on the fastest delivery of a product from its source to the final consumer. With each industry having its own set of complexities, this is a challenging programme.

Entrepreneurship – the road ahead

After finishing an MBA or related  course, you may feel that you already have the assets and entrepreneurial qualities needed to start a company. But business people have to be ready to make the sacrifices that their work will require of them. While you realise your potential and get involved in day-to-day activities, you could find yourself in a paradoxical situation: success is not as glamorous as it looked. It is indeed very demanding and difficult; it takes time, dedication and perseverance. Achieving sustainable results is hard and in some cases maintaining them may prove to be even harder. Being successful is not about reaping instant rewards but rather a prolonged period of setting goals and attaining them. Satisfaction comes as a result of hard work and is sometimes accompanied by sleepless nights and good ideas going to waste.

The competences that have built up inside you during your professional or educational experience can take you up the entrepreneurial road. The key factor for your success is to make the right choices and this requires efforts to know yourself as well as possible. Do your soul searching; concentrate on finding your passion, the idea that inspires you. It doesn’t always have to be unique. Successful entrepreneurial projects are often based adapting and further developing already realized concepts.

Study  Entrepreneurship at Czech College

Czech Col­lege based in Prague  helps and pre­pare stu­dents to man­age a mod­ern busi­ness with ease across bor­ders and cul­tures, as our diplomas have a focus  Entrepreneurship and Management.Our programmes, which include under graduate and post graduate diplomas  in Entrepreneurship, are structured to provide the knowledge and training to succeed as an entrepreneur, including how to generate sustainable business models, manage with proficiency, understand financials, and capitalize on economic trends.

Con­tact Czech Col­lege, if you are  thinking of studying an entrepreneurship oriented business programme  in Europe . We will be happy to help you with your queries

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