Bachelor of Commerce (B.Com.) Entrepreneurship and Management of Small Scale Industry MSSI I Syllabus - Mumbai University 2026

This is the TY BCOM syllabus under NEP 2020, in force from the academic year 2026-27. The University still sets the earlier Choice Based syllabus below alongside it for ATKT candidates, so check which scheme your exam form names before you revise.

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Syllabus for Entrepreneurship and Management of Small Scale Industry MSSI - I

Major elective · Semester 5 · TY BCOM · 4 credits · 100 marks

Module I: Introduction to Entrepreneurship and Entrepreneurial Development

Unit I
Foundations of Entrepreneurship: Meaning, Features, Need and Significance, Concept of Entrepreneur and Entrepreneurship, Classification of Entrepreneurs, Functions of an Entrepreneur
Qualities and Competencies of a Successful Entrepreneur – Examples of Successful Indian Entrepreneurs, Concept of Intrapreneurship, Differentiating the Role of Entrepreneurs and Managers
Unit II
Entrepreneurial Development: Meaning, Significance and Concept of Entrepreneurial Development, Factors influencing Entrepreneurial Development and Motivation
Theories of Entrepreneurship - Contribution of David McClelland and Joseph Schumpeter, Need and Importance of Entrepreneurial Education and Training- Meaning, Concept and Areas of Entrepreneurial Development Programme (EDP), Role of Entrepreneurial Development Programme (EDP) and Training Centers such as MSME-DI-Mumbai, EDI- Ahmedabad, MITCON, MCED and NIESBUD in India

Module II: Entrepreneurial New Venture and Focus areas

Unit 1
Foundations of New Venture Creation and Feasibility Studies: Steps in Setting up of an Entrepreneurial Venture, Idea Generation-Sources and Methods, Meaning and Concept of Environment Scanning and SWOC Analysis
Project Planning- Meaning, Concept and Importance of Project Planning, Preparation of Project (Business) Plan, Meaning and Contents of Project Report, Meaning, Importance and Types or Areas of Feasibility Study
Unit 2
Specialized Focus Areas in Entrepreneurship: Women Entrepreneurs -Meaning, Challenges faced by Women Entrepreneurs and Measures to overcome them, Agencies supporting and promoting Women Entrepreneurs, Role of SHG in Women Entrepreneurship Development with examples in India
Rural and Social Entrepreneurs- Meaning, Problems faced by Rural Entrepreneurs, Measures/Suggestions to overcome the problems, Special Schemes for Rural Entrepreneurs in India, Social Entrepreneurship- Meaning, Role and Importance, Problems faced by Social Entrepreneurs, Suggestions to overcome the challenges faced by Social Entrepreneurs, Examples of Social Entrepreneurship in India

Module III: Fundamentals of Small & Medium Enterprises

Unit I
Introduction to Small Scale Industries (SSI) and Micro, Small and Medium Enterprises (MSMEs): Meaning and features of SSI and MSMEs, Importance of small-scale industries, Role of SSI/MSMEs in economic development
Evolution and growth of SSI/MSMEs in India (post-independence and post- liberalisation), Government support for SSI and MSMEs, Contemporary challenges faced by MSMEs
Unit II
Industrial Challenges and Regulatory Framework: Meaning and concept of industrial sickness, Causes of industrial sickness, Consequences of industrial sickness, Remedies to overcome industrial sickness
Overview of the regulatory environment for MSMEs

Module IV: Establishment and Management of MSME Units

Unit I
Setting Up an MSME Enterprise: Steps in setting up an MSME unit, Registration procedures and benefits, Environmental and locational considerations
Statutory compliances, Insight on laws affecting MSMEs, MSMEs policy in India (Highlighting MSMED Act 2006)
Unit II
Management Practices and Growth Strategies: Organizational structure suitable for MSMEs, Basic principles of management in small enterprises
Requirement of Fixed and Working capital for SSIs and MSMEs, Factors determining Fixed and Working capital for SSIs and MSMEs, Role of SHGs in development of SSIs and MSMEs.

Reference Books

1 Batra G.S. and Dangal R.C., Entrepreneurship and Small Scale Industries, Deep and Deep Publications Pvt. Ltd.
2 Entrepreneurial Development, Colombo Plan, 1998, Tata McGraw Hill, New Delhi. Entrepreneurship Development, Himalaya Publishing House, Mumbai.
3 Gupta C.B., Entrepreneurial Development, 1995, Somaiya Publication, New Delhi.
4 Hisrich R.D., Cases in International Entrepreneurship, 1997, Liven, Chicago.
5 Hisrich Robert D and Peters Michael, Entrepreneurship, 2002, Tata McGraw Hill, New Delhi
6 MSME Policy Document, Government of India. Pooja, Micro, Small and Medium Enterprises (MSMEs) in Indian Economy, New Century Publications New Delhi.
7 Principles of Entrepreneurship, Excel India Publishers, New Delhi.
8 Singh P.N. and Saboo J.C., Entrepreneurial Management, Dr. P. N. Singh Centre for HRD.
9 Vasant Desai, Entrepreneurial Development, 3 Volumes Himalaya Publishing House.
10 Vasant Desai, Entrepreneurship and Management of Small and Medium Enterprises, Himalaya Publishing House.

Reproduced from the University of Mumbai syllabus for Bachelor of Commerce (B.Com.) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus. Module numbering is as printed there too.

The complete syllabus

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