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A Critical Analysis of Entrepreneurial Career Choice of the Youths in Mumbai City

The economic development of any country depends on the quality and quantity of entrepreneurial talent available in that country. The entrepreneur triggers the spark to economic activities by virtue of his entrepreneurial activities. To achieve this, development of entrepreneurial mindsets among the youths of the country in general and students (above 18 years of age) in particular represents an emerging priority for the higher education systems. However, this dimension is still in infancy, especially in India. This research paper aims at exploring the mindset of the students of business management discipline for ascertaining their inclination towards entrepreneurial career. Based on a cross-case analysis of 5 post graduate programs, the study explores the reasons for development of entrepreneurial mindset of the students. Implications for theory and practice include the most pressing challenges for universities and institutions involved in the transitions of students towards an entrepreneurial configuration.