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Entrepreneurship

MEPSC > Occupational Standards > Entrepreneurship

Brief Description of Job Role

An entrepreneur starts and manages businesses with the purpose of making financial gains by providing products or services to customers. The individual is responsible for securing funds and appropriate authorizations or licenses for starting the business. The person hires and manages personnel and manages various aspects of the business, such as supply, marketing, sales, risks, compliance with regulations, business expansion, etc.

Educational Qualification

12th grade with 2 years of relevant experience (Entrepreneurship) OR 10th grade with 4 years of relevant experience (Entrepreneurship) OR 12th pass with 2 years of any combination of NTC/NAC/CITS or equivalent. OR Previous relevant NSQF Level 4 with 3 years experience in Entrepreneurship

Version

2.0

NSQF Level

5

Occupation

Entrepreneurial Skills

Duration

Min: 480 Hrs Max: 570 Hrs

Next Review Date

29/09/2025

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Brief Description of Job Role

A Nano Entrepreneur (Street Vendor) is a person who offers goods for sale to the public without having a permanent built up structure but with a temporary static structure or mobile stall, headload etc. Street vendors may be stationary by occupying space on the pavements or other public/private areas, or may be mobile in the sense that they move from place to place carrying their wares on push carts or in cycles or baskets on their heads, or may sell their wares in moving trains, bus etc.

Educational Qualification

5th grade pass with 5 years of relevant experience OR 8th grade pass with 2 years of relevant experience OR 9th grade pass with 1 year of relevant experience OR Grade 10th pass with no experience OR Previous relevant qualification of NSQF Level 2.5 with 1.5 years of experience.

Version

2.0

NSQF Level

3

Occupation

Entrepreneurial Skills

Duration

300 Hrs

Next Review Date

17/11/2025

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Brief Description of Job Role

A Consultant - Chartered Tax Practitioner is the person who prepares clients tax returns in accordance direct & indirect tax regulations for the time being. The3 consultant also helps in tax planning, fulfills other legal compliances of MSMEs and assists in maintaining books of accounts and records and documents.

Educational Qualification

Graduation in commerce/Business Management/ Administration/Accounting/Finance OR Graduation in any field with 1 year of experience

Version

3.0

NSQF Level

5

Occupation

Entrepreneurial Skills

Duration

Min: 510 Hrs Max: 570 Hrs

Next Review Date

17/11/2025

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Brief Description of Job Role

Sole proprietorship Associate are those professionals who are readily deployable in the consulting services. The Individual play an important role in providing information and assistance to those single individuals who wish to start their own entities. The individual provides services for Registration of PAN, TAN, DSC and GSTIN.

Educational Qualification

10th grade pass and pursuing continuous schooling with no experience OR 10th grade pass with 2 year relevant experience OR Previous relevant Qualification of NSQF Level 3.5 with 1.5 years of relevant experience.

Version

2.0

NSQF Level

4

Occupation

Legal and Compliance

Duration

Min: 420 Max: 480

Next Review Date

01/05/26

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Brief Description of Job Role

A Public Accountant is the person who effectively manages financial accounting and reporting, auditing, legal compliance, taxation, finance, and strategic management related functions of the entity and helps management in decision making and financial planning. This qualification leads to the professional membership of The Institute of Certified Public Accountants.

Educational Qualification

Pursuing first year of 2-year PG degree in relevant area with no experience OR 12th grade pass in relevant field with 4 years of relevant experience OR Previous relevant Qualification of NSQF Level 5 (Consultant (Chartered Tax Practitioner) with 3 years of relevant experience.

Version

1.0

NSQF Level

6

Occupation

Entrepreneurial Skills

Duration

660 Hrs

Next Review Date

28/02/2026

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Brief Description of Job Role

Udyami Mita is a community-based mentor who will assist women to become entrepreneurs through conducting entrepreneurship awareness programs, and entrepreneurship development programs and individually assisting women with information and links to resources to start and run an enterprise.

Educational Qualification

Class 10 pass OR Previous relevant qualification of NSQF Level 2.5

Version

1.0

NSQF Level

3

Occupation

Entrepreneurial Skills

Duration

240 hrs

Next Review Date

27/09/2027

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