MA in Social Entrepreneurship

Programme Description

MA in Social Entrepreneurship (MASE)
Based on the vision of the School of Business, Public Policy and Social Entrepreneurship (SBPPSE) and appreciating the growing importance of social entrepreneurship, the school has launched a two-year (full time) MA programme in Social Entrepreneurship. SBPPSE’s MBA programme integrates elements of public policy and social entrepreneurship in the mainstream business curriculum. It was thought appropriate to offer another programme, which will be linked to the MBA programme, but at the same time, focus exclusively on social entrepreneurship. The students of the MA Social Entrepreneurship, while in their first year will be exposed to all the core courses of the MBA first year, the second year of the MASE programme will be linked to the activities of Incubation Centre for Social Entrepreneurship & Innovation which has been established at AUD.

This programme will help students gain a better understanding of the world around them, appreciate the issues and challenges faced by the society, and find creative solutions to address these. The target audience for this programme will be:

  • Students who seek to build a career in the emerging area of social entrepreneurship.
  • Social entrepreneurs who seek to enhance their knowledge about business management.
  • Professionals working in the development sector / government.

The programme aims to build and enhance core business skills, raise consciousness about socio-political and environmental issues, and promote creative thinking, social innovation, and entrepreneurial approaches to problem solving.

Programme Objectives:

The objective of the programme is to introduce the participants to the emerging area of Social Entrepreneurship, and the importance of social impact on communities. The programme emphasizes on core business skills – finance, marketing, opera tions, human resource management and strategic management, which are essential for any organisation – public, private or development sector. At the same time, the programme aims to develop an understanding of contemporary issues facing business today – socio-political and cultural aspects, publi c sector administration, and functioning of small and medium enterprises, which are a backbone of our country. Most importantly, MASE imparts specialised skills required by those who plan to start their own venture, and enables the participants to use these skills, and apply them to finding creative and innovative solutions to social issues and challenges. It is expected that the participants will be able to create their own social value proposition, which will bring about a change in the lives of some communities.

The MASE programme aims to introduce students to the emerging area of Social Entrepreneurship and the impact it can make on the economy and society.

The programme will familiarise students with the core business skills – finance, marketing, operations, human resource management and strategic management, which are essential for any organisation in the public, private or development sector.

The programme aims to foster an understanding of contemporary issues faced by businesses along with the operations of small and medium enterprises, which are the backbone of the Indian economy.

The highlights of MASE are that it imparts specialised skills required to start personal ventures and find creative as also innovative solutions to social problems. Students are expected to create their own social value propositions to bring about changes in the lives of communities.

Programme Structure

The foundations of business management education are essential for building and pursuing social entrepreneurship. The core principles of business administration will be offered to the students of MASE along with the specialised courses on entrepreneurship, innovation and social consciousness. The first year of the programme will comprise 3 trimesters of 12 weeks each and the second year will consist of 2 semesters of 16 weeks each. Field-based learning will be interspered over the two years. The first year of the programme will follow the same course structure as the MBA programme with minor modifications. In the second year, students will be exposed to a variety of core courses in the areas of development/social entrepreneurship. Students will also be given a choice of electives from the MBA programme as well as from those offered by other Schools of AUD. As part of the curriculum of MASE, students will be required to undertake:

(i) A field project of 2 months duration with an organisation, which includes preparation of the project appraisal, implementation plan, budgeting, cost benefit analysis and revenue modelling

(ii) A business plan for their own entrepreneurial ventures, which can be supported (with resources/ finances, etc) by the Incubation Centre of AUD or by a pool of venture capitalists.

Features of the Programme

  • Preparation for social entreprenuership
  • Exposure to the first year MBA programme
  • Continuous evaluation and feedback
  • Field attachments and internships to connect theory and practice
  • Access to mentoring and support of the University’s Incubation Centre
  • Innovative teaching/ learning pedagogy
  • Interaction with the faculty and students of different Schools at AUD.
  • The most important difference between a traditional business and a social entrepreneurship venture is that the latter is focused on maximizing social impact, and such innovations take place both in profit, and not-for-profit organisations. Thus, foundations of business management education are essential for anyone pursuing this programme. With this idea, we propose to structure the programme in a manner that the core principles of business administration are retained, along with specialised courses on entrepreneurship, innovation and social consciousness.The first year of the programme will comprise 3 trimesters of 12 weeks each and the second year will consist of 2 semesters of 16 weeks each, spread over two years, with immense exposure to field based learning. The first year of the programme (trimesters 1 – 3) will follow the same course structure as the MBA programme, with minor modifications. In the second year, students are exposed to a variety of core courses pertaining to development sector / social entrepreneurship, along with electives from different fields. Students will also be given a choice of electives from those offered to the MBA programme / and other schools of the university. As part of the curriculum of MASE, students will be required to undertake (i) a field project of 2 months duration with an organisation, which includes preparation of a project appraisal, implementation plan, budgeting, cost benefit analysis and revenue modelling; and (ii) a business plan for their own entrepreneurship venture, which can be supported (resources / financial etc) by the incubation centre or presented to a pool of venture capitalists.
 Total No. of credits:  86
 Total No. of courses:  32
 

 Choose the categories applicable to your programme:

  • No. of Foundation Courses: 19 (Total Credits - 38)
  • No. of Discipline Courses: 8 (Total Credits – 32)
  • No. of Special interest/ Applications/ Career Oriented Courses: 5 (Total Credits - 16)
  • No. of Compulsory Courses: 23 (Total Credits - 54)
  • No. of Optional/Elective Courses: 4 (Total Credits 16)
  • No. of Practical/ Dissertation/ Internship/ Seminar courses: 5 (Total Credits: 16)

The broad programme structure and the distribution of credits are detailed in Table 1 below:

Table 2: Trimester Wise Course Distribution of the first year of MASE

*The course codes beginning with B are compulsory courses of the Masters in Business Administration Programme.

The course codes beginning with S are courses specific to MA in Social Entrepreneurship Programme.

Instructional (curriculum transaction) design for the Programme:

Teaching pedagogy would be based on a mix of reflections on readings, activities and simulations on topics related to social issues, and critical discussionsof cases on lives of social entrepreneurs and enterprises. The classes would be conducted in an interactive mode with an emphasis on group learning and team-based exercises. Theoretical components will be well complemented by practicum, and students will be encouraged to apply the classroom learning to various real life situations through short term and long term field based projects. Since this is an emerging area, students will also be encouraged to create learning repositories and contribute to the existing field of research.

Field Study/ Practical/ Project/ Internship/ Workshop Components of the Programme:

Workshop Component – Three courses in the first yea r will be run in a workshop mode. The objective of these courses is to familiarize the students to the social issues surrounding them and raise their consciousness regarding the same. At the same time, students will be exposed to the building blocks of business, and in this process, it is expected that various practitioners would be able to participate and share their experiences with the students.

Field Project – The Field Project, carrying 2 credi tsis a crucial component of MSE. This is designed to immerse students in the field sites to make sense of and reflect on different field experiences in relation to theoretical concepts and principles presented in class. Students will be encouraged to work with an NGO or an Organisation on a social problem. In this field project, each student will be mentored by a supervisor in the partner organisation, and a faculty member / resource from the Incubation Centre, and will present at completion, a project proposal, need appraisal, fund raising and implementation plan, cost-benefit analysis and a revenue model.

Project Study: Social Innovation Entrepreneurship Project – The most important outcome of MSE is the students own social innovation idea and execution plan carrying 8 credits. At the end of the first year, students will spend their summer months writing the Business Proposal for their own venture. In the following three trimesters, the student will take the necessary steps for the execution of the project. This project spread over 2 years will entail a close interaction of the student with existing social entrepreneurs, mentors, funding agencies and government authorities.

Assessment Design:

Assessment will be based on the University policy of continuous evaluation. Classroom learning will be evaluated using a mix of tools – written su bmissions of assignments, case study analysis, presentations, individual and group assessments, quizzes and end trimester assessments, and applications of classroom learning to real life situations through project reports and viva voce.

Eligibility

Eligibility:

  • Essential: Bachelor’s degree with 50% marks (or equivalent grade) from a recognised university in any discipline (relaxation of 5% for candidates belonging to SC/ ST/ PD categories)
  • Candidates appearing for the final year examination of a degree can also apply.

Faculty

Fee Structure

Fee for MASE

Fee Details
Amount (Rupees)
 
Indian Students
Foreign Students
Tuition @2100/- per credit (86 credits)
180,600
@Rs.4200/- per credit
  361,200
Course Material / Data base @500/- per course (30 courses)
  15,000
    15,000
Co-curricular Activities & Industry Interface
  30,000
    30,000
Student Welfare Fund
    2,000
     2,000
Deposit (Refundable)
    5,000
     5,000
Total (for two years)
232,600
  413,200
 
Fee Waiver and Scholarships
 
The University offers full or partial fee waivers to students who are in need of support given their economic background. In fact, 20% of the fees collected from students are returned to the economically disadvantaged students by way of fee waivers and another 10% as scholarships.
The University has also created a Student Welfare Fund in order to support students in need to bear the costs of study material (like photocopying), textbooks, and even subsistence.
 
Procedure for applying for Fee- waiver and Scholarships
  • At the time of admission, a student can apply for fee- waiver by submitting supporting documents
  • If provisionally admitted to a programme, s/he will be permitted to take admission without having to pay the fee
  • Students, whose combined family income is less than Rs.5,00,000 /-  will be eligible for fee waiver. A student will continue to receive fee waiver provided he/she is found to be regular in attending classes and maintains an acceptable level of performance in studies
  • SC/ST/PD students are advised to submit their application in the month of February for Scholarships under the SC/ST/PD categories for the academic session of that year.
Student Welfare Fund
 
The University has created a Student Welfare Fund with the objective of making financial assistance available for meeting the welfare needs of students in need, such as emergent medical assistance, purchase of books and study material, meeting the boarding and lodging expenses equivalent to the amount that is required to avail of AUD hostel facilities, and any other comparable needs of students.
 
Cancellation of Admission: Admission of Candidates who fail to provide proof of securing the merit as evident from the original transcript is likely to be cancelled.
 
University Policy on refund of fees:
 
Time Period for refund
Amount to be deducted
Before the Orientation Programme
(20 June 2015)
Rs. 1,000/-
After the start of the Orientation Programme
Only caution money will be refunded

Admission Procedure

Selection will be based on combined scores of the following three components:

  • Written test comprising multiple choice questions on quantitative ability, analytical reasoning, and English comprehension
  • Written Statement of Purpose (SOP) of 300 words to be submitted (uploaded) along with the application
  • Personal interview to assess the candidate’s aptitude for social entrepreneurship.
  • Seats: 10 (including reservations in accordance with the Government of NCT norms).
  • Mode of selection (Entrance test, Interview, Cut off of marks etc):

Selection will be based on the following three components

  • Written test comprising multiple choice questions on quantitative aptitude, analytical reasoning, and verbal ability (50% weightage)
  • Statement of Purpose (25% weightage)
  • Personal Interview (25% weightage)

Each candidate will go through all the three stages, and a merit wise list will be generated on the basis of the combined score.

  • No. of seats: The maximum no. of students to be admitted for the course is 10. The norms of reservation laid out by the Government of NCT of Delhi apply.

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