<b>Significance of Elating the Entrepreneurial Initiatives through Education among MBA Students </b> Starting from a century ago, everyone has seen a number of “waves” in entrepreneurship education, developing into many phases and now expanding exponentially. By making entrepreneurship education available to young people and adults, each and everyone have to prepare the next wave of entrepreneurs to enable, to lead and shape the firms. The time to act is now and it is time to more adequately develop entrepreneurial skills, attitudes and behaviours in our school and college systems. This study was undertaken in Erode District, covering all 8 constituencies and 6 taluks. Each and every stage of the research has been explained briefly for which Descriptive Research Design was adopted. The MBA students of all the colleges in various parts of Erode District during the period of October 2013 – March 2014 was taken as sample. About 750 students were identified and surveyed using Simple Random Sampling Technique. For the study, both primary and secondary data were collected. Structured questionnaires and interviews were used to collect the primary data. Entrepreneurship, Entrepreneurship Education, Entrepreneurship Initiation, Motivation factors. 777-784 Issue-5 Volume-1 Dr. A.Abirami | Dr. A.Mahadevan | Dr. A.Thangaraja