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Of Business (PSBG) ADMISSION 2009-10
   
ADMISSION MBA 2009-10ADMISSION MBA 2009-10
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"The pain, tribulations and joy of enterprise creation need to be integrated into management education programme itself, irrespective of how the career of the management graduate unfolds".

PSB, MBA India, BBA India
Our Perspective

In the world of business education we have nurtured a conflict. Business and Entrepreneurship - we have always thought of innovation and creativity, ability to pursue an idea, a dream, with steadfast commitment and dedication, to surmount resource obstacles for success. Management on the other hand is projected as an assortment of tools and techniques to facilitate decision making under varied conditions of uncertainty and constraints aimed at optimizing. The genesis of the conflict lies here.

Business School graduates entering multinational corporate or family businesses, encounter expectations bordering the impossible - euphemistically termed stretch - where problem solving or decision making processes hit a road block. The expectation at that time is, "Think of the company as if it is yours and your personal survival depends on it". Thus the young professional is expected to demonstrate innovation, creativity and an entrepreneurial mindset. Competition is making this need more acute and hence our corporate managers are expected to be entrepreneurial in their outlook as well. Conventional wisdom dilutes this to just a leadership issue and pretend to be building entrepreneurship by exposing students to courses on leadership and creativity. The art and craft of entrepreneurship is missed out.

The pain, tribulations and joy of enterprise creation need to be integrated into management education in the programme itself, irrespective of how the career of the management graduate unfolds. It is incorrect to confine entrepreneurial learning to only those looking out to start a new enterprise, but widen it to even those who want to build a career as professional managers. With the changing dynamics of business, large corporations and family run enterprises are looking for professional managers who combine strategic thinking with business acumen. The entrepreneurial mindset consists of an intense desire to capture opportunities by leveraging strengths, a high degree of ownership of action and ability to generate choices which are not located in resource constraints but are driven by opportunities. Total involvement implies an intense awareness of internal realities of the organization with the opportunities offered by the world. This involvement is essential irrespective of whether he is a corporate manager, part of the family business or a start-up entrepreneur.

Pearl School of Business has set about to develop business leaders who are professional managers with an entrepreneurial mindset. The unique Curriculum is specially designed in collaboration with Babson College, USA with this objective. The programmes provide an opportunity to students to experience and understand the behavioural anchors of running a business.

Pearl School of Business management education will create three distinct types of Business Leaders:

  1. Corporate Entrepreneurial Leaders: Individuals who wish to join large corporations and have acquired the knowledge and skills to manage all aspects of the organizational business and make it successful. They will be the Corporate Entrepreneurial Leaders.
  2. Family Business Leaders: Individuals who wish to join Family run Businesses and lead in its expansion, diversification and growth and improve the performance parameters at all levels.
  3. First Generation Entrepreneurial Leaders: Qualified, confident and knowledgeable individuals who wish to become first generation Entrepreneurs and employers rather than becoming an employee. Who see an business opportunity, have a dream and are ready to take risk and stake their resources for establishing a new enterprise.
 
 
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