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Indira Gandhi National Open University (IGNOU) has launched a new Bachelor’s programme in Micro, Small, and Medium Enterprises (BA MSME), aimed at fostering the entrepreneurial spirit among young individuals. This course will be delivered through the university’s Online and Distance Learning (ODL) mode, offering flexibility to students across India and beyond. Designed to provide comprehensive knowledge and practical skills, the programme is expected to meet the needs of emerging entrepreneurs looking to establish and manage successful businesses.
Course Overview
The BA MSME programme is an initiative of IGNOU’s School of Vocational Education and Training. The three-year undergraduate course will be available starting the January 2025 session, with admissions open during both the January and July cycles. This flexibility allows students to begin their studies at a time that suits them best.
Duration and Fee Structure
This course is structured to be completed in three years, with each academic year costing ₹5,100, amounting to a total fee of ₹15,300 over the course of the programme. The affordability of the programme makes it accessible to a wide range of students interested in gaining a strong foundation in entrepreneurship and business management.
Key Objectives of the BA MSME Course
The BA MSME course is specifically designed to prepare students for the challenges of starting and running a successful business. Some of its primary objectives include:
- Understanding Market Demand: One of the key components of the course is to help students understand how to study market demand effectively before launching a new venture. This is essential for the sustainable growth of any business.
- Ensuring Business Success: The course focuses on providing students with the skills required for running a profitable and efficient business enterprise. This includes practical insights into business operations, financial management, and business strategy.
- Developing Managerial and Leadership Skills: The programme aims to build strong managerial, interpersonal, and leadership skills, empowering students to lead both themselves and their teams. These skills are crucial for running a business and ensuring its long-term success.
- Competency-Based Approach: The BA MSME programme integrates innovative, competency-based methods to ensure that students gain real-world skills that are directly applicable to their entrepreneurial journey. This approach helps students not only gain theoretical knowledge but also develop the practical expertise needed to excel in the competitive business world.
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