There is a need to create a band of entrepreneurs in the country. It is only through this cadre that the country can move forward. Unfortunately the current MBA syllabus does not focus on entrepreneurship. More attention is paid on developing knowledge, skills and attitude that are essential for managing the businesses. However, there is a need for some additional traits like entrepreneurship motivation, managing family issues along with business, specific legal aspects and so on. The most important feature is developing a climate for generation of innovative and viable ideas and bringing them from laboratory stage to commercial phase. The elective on entrepreneurship deliberates the above perspective.Partnership is being built up with Wadhwani Foundation in this regard.