ABSTRACT

Developing countries are confronted with serious unemployment and underemployment problems. This problem is particularly crucial among the educated youths of these countries. One of the major reasons for this situation is that the education system is not designed in a way to motivate the graduates to take businesses profession as an alternative source of employment. Moreover the support services towards this end are not adequate. Entrepreneurship education which aims at creating awareness and motivating the graduates to take business as profession has not been widely included in the various level of education system. Training is particularly important for developing skills. As a result the graduates rush to the opportunities for salaried jobs, the market of which is already saturated. The main objectives of the study will be to review the existing education and training system.

While preparing the paper the existing education system will be critically evaluated as well as the experience of scholars working on entrepreneurship education and problems in different counties. The typical home for entrepreneurship programs has been in schools of business. Undergraduates and graduate students studying business have had increasing opportunities to study topics related to the entrepreneurial career track (as opposed to the corporate track). The entrepreneurship education they gain while in college will enable them to be flexible and agile in the workplace. What is it about entrepreneurship education in particular that helps students become leaders, innovators and creative problem-solvers? This paper aims to provide an entrepreneurship education and training framework using MIRACLE Approach.

Keywords: entrepreneurship, entrepreneurship education, Bangladesh, MIRACLE approach