Lal Bahadur Shastri Institute of Management and Development Studies – LBSIMDS

Lal Bahadur Shastri Institute of Management & Development Studies

<a href="javascript:void(0);">WHY MBA STUDENTS CAN BE AN ENTREPRENEUR ?</a>



All businesses whether big or small owe their existence & success to that one or few persons who had the courage & determination to conceive an idea & make it blossom into a reality. Samsung, Apple, Microsoft, Reliance, Tata, Dabur, Godrej, & the like all are the brain child of a person(s) who thought beyond the regular.

A degree in MBA may not legally be required to start a business but practically it is very valuable to help a person in initiating his/her own enterprise. It helps a person develop an edge over his/her contemporaries.

The MBA program equips you with skills related to business planning, marketing, strategy, finance, decision making. HR management. You need to be great in identifying customer needs & wants, their changing preferences & lifestyles, other factors in the external & internal environment. These are exactly the skills required to successfully run a business. The combination of entrepreneurial skills with business management skills is the most ideal & invincible. A combination of these is not available in most of the B-schools because they focus only on the prescribed curriculum & placement of the students. Moreover, there are very few students in every batch who aspire to be entrepreneurs, so the institutes do not want to put in so much of effort on handful of students.

Only top MBA colleges in Lucknow like Lal Bahadur Shastri Institute of Management & Development Studies travel that extra mile to handhold students who want to see their future as entrepreneurs. With the goal of nurturing innovation and entrepreneurship and encouraging youth in Uttar Pradesh to become “Job creators” instead of “Job seekers,” the State of Uttar Pradesh is taking laud worthy efforts. LBSGOI aims to makes its contribution in this humongous initiative of the State Government & with this perspective it has created an Entrepreneurship Development Cell at its PG campus. The ED Cell of LBSGOI was formally inaugurated on September 27, 2019.
The Entrepreneurship Development Cell of LBSGOI endeavors to:
Ignite creative thinking among students.
Foster & nurture the entrepreneurial spirit in students and passionate individuals.
Provide a platform to people who have the zeal to pursue entrepreneurship to convert their ideas into businesses.
Create the requisite support structure that one needs in their quest for the unknown and unexplored zones of entrepreneurship.
Act as a medium for providing relevant information to budding entrepreneurs.
Function as a facilitator so that creative ideas can be transformed into successful business ventures.
Provide mentorship to students through successful entrepreneurs & professionals.

To achieve the above objectives, the ED Cell of LBSGOI has highly acclaimed & reputed persons in the Advisory Board, in the area of Entrepreneurship like:
Mr. Kiron Chopra, Chairman and Managing Director, Chopra Retec Rubber Products Limited
Mr. Gaurav Lath, Founder, TankUp Petro Venture LLP
Mr. Rohit Manglik, CEO – EduGorilla
Mr. Nadeem Siddiqui, Founder – Pulizia Industries Private Limited
Mr. Sunil Mishra, Founder & CEO, Imbibe Consultancy Services Pvt. Ltd.
Ms. Aparna Mishra, Founder, Club CafeBiz
Some of the activities conducted by the ED cell in this session include: A session on “Entrepreneurial Journey” by Ms. Tanya Sahni, Co-owner Healthzone on August 9, 2019, a discussion on “UP Startup Policy” by Mr. Abhishek Tiwari, Associate Director, KPMG on August 28, 2019, a Brainstorming & Idea Generation Session for the members of the Entrepreneurship Development Cell on September 4, 2019, Mr. Nittin Mohan, Founder of Pack n Chew restaurant, Lucknow addressed the students on “The Opportunities & Challenges in Restaurant Business” on September 10, 2019, session on “Entrepreneurial Journey” by Mr. Mayank Khare, CEO, Cyber zone Technology & an Alumnus of LBSGOI on September 11, 2019, session on the “Importance of digital marketing for entrepreneurship” by Mr. Asit Pathak, Director Digipodium on September 12, 2019, an “Interactive Session” in collaboration with Hustlers Plexus, an initiative of Startup Monk addressed by Ms. Runjhun Noopur, Co-founder, Ecork Coworking, and Creative Spaces, Mr. Qais Mujeeb, Founder and Managing Director, Ascezen consulting, Mr. Avichal Jain, Co-Founder, Kindred Elements on October 5, 2019.

The institute organised a National Seminar on “Startup India: Creating a new generation of Entrepreneurs” in collaboration with Department of Electronics & IT, Government of U.P. The seminar was addressed by esteemed speakers like Mr. Jayant Krishna, Former CEO, ED & COO, NSDC, Skill India Mission, Mr. Kiron Chopra, Chairman and Managing Director, Chopra Retec Rubber Products Limited, Mr. Gaurav Prakash, Co-Chairman of the State Chapter of Uttar Pradesh, at PHD Chamber of Commerce and Industry, Lucknow, Mr. Saurabh Dayal, Co-Founder,, Mr. Sumeet Chilwal, Co-Founder Sattviko, Mr. Gaurav Lath, Co-Founder, TankUp, Ms. Preksha Kaparwan, Co-Founder, Alpha AI, Mr. Sunil Mishra, Founder & CEO, Imbibe Consultancy Services & AceNet, Mr. Jatin Srivastava, C.A., Business Consultant and Coach, Ms. Swati Pandey, Founder, Arboreal, Mr. Sachin Sahni, Founder, Keeros, Ms. Aparna Mishra, Founder Club CafeBiz, Mr. Rohit Manglik, Founder, EduGorilla, Mr. Manish Chauhan, Co-Founder, Arboreal, Mr. Paritosh Srivastava, Startup Reseau, Mr. Rajesh Sinha, Founder, Antlia Fintech Pvt. Ltd., Mr. Vinit Kapoor, Founder, ZITA Education for their valuable time & inputs in the Seminar.

LBSIMDS is considered as the best MBA College in Lucknow because on its special initiatives to encourage students to become entrepreneurs.

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