PhD Viva Voce was conducted at ICFAI University, Jharkhand for Ms Satya Lakshmi, who submitted her PhD thesis on “Factors impacting Entrepreneurial Intentions of Indian Millennials: A Study of Graduating Students”. External Examiners were Prof. P.S. Tripathi, Dean, Institute of Management Studies, Banaras Hindu University (BHU) and Prof. Rajeev Kumar Panda, Associate Professor & HOD, School of Management, National Institute of Technology (NIT), Rourkela. Dr. Pallavi Kumari was her guide from the University.
Welcoming the faculty members and PhD scholars to the Open Viva Voce, Prof O R S Rao, Vice-Chancellor of the University said, “Considering the need for grooming Entrepreneurs from their college days, it is important to identify the factors that shape up their Entrepreneurial Intentions so as to facilitate the initiatives in that regard. This research is very insightful from that perspective”.
The researcher conducted a survey of final year students of BTech and MBA in various colleges on their inclination towards starting their own business. A number of students expressed their intention to start own business within 5 years of graduation after gaining work experience. As per the study, BTech students are more inclined to become Entrepreneurs than MBA students. Attitude to take risk and Confidence came out as major factors that influence the students to start their ventures, whereas parental support, family background, Role Models, Institutional support by way of building awareness, skill building ,mentoring etc are the other supporting factors. The study also made a number of recommendations to promote and encourage entrepreneurship in Higher Educational Institutions. After the successful viva voce, Ms Satya Lakshmi was declared eligible for the award of PhD subject to approval by the Academic Council of the University.