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Young leaders: At top B-schools, more graduates opt for startups
March 04,2016
Young leaders graduating out of India's top business schools are turning more entrepreneurial with more of them taking the startup path than ever before. The class of 2016 at leading B-schools including IIM Calcutta, IIM Shillong, IIM Kozhikode, Faculty of Management Studies, and XLRI has seen at least 50% more grads chasing the entrepreneurial dream. 

IIM Calcutta has six students opting out of placements to pursue their startup ideas compared to half this number in the 2015 batch. At XLRI, 5 students have opted to become entrepreneurs vis-a-vis a single such instance in the previous year. At least four students joined the entrepreneurship bandwagon at IIM Kozhikode this year compared to only one last year. At FMS, 13 students are keen on taking the plunge compared to 7 last year. At IIM Shillong, this year, two students opted to turn entrepreneurs compared to only one last year.

Traditionally, top engineering colleges have large number of students opting to become entrepreneurs right out of campus. 
The trend is now catching on at India's top business schools too.

Several factors are working together to raise the entrepreneurial temperature at B-schools. The success and celebration of several entrepreneurs and the mind boggling valuations their ventures have acquired and a vigorous push coming from the top most levels of the government are aiding this. Moreover, at the ground level, B-schools are also trying to create an entrepreneurial ecosystem and are encouraging students in this direction with deferred placement schemes, encouragement and mentoring by alumni etc.   
"The funding in the start-ups is likely to remain the same this year, but that does not mean that number of deals will decline," Lightbox Ventures, principal and founding member, Nitin Sharma told ET. "VCs are still hungry for robust business model lead start-ups."

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