Bachelor of Science in Entrepreneurship
The Bachelor of Science in Entrepreneurship degree is geared towards providing students with essential information about consulting, information technology, marketing, management, financing, and business planning. This is all information that is vital to starting and operating new ventures. Completion of this degree can prepare you to write and evaluate business venture plans, analyze economic conditions, consult with business owners, as well as the other aspects required to forge your own career path as an entrepreneur. Courses may include an introduction to entrepreneurship, social entrepreneurship, entrepreneurial consulting, small business finance, and entrepreneurship new venture formation. A Bachelor of Arts in Entrepreneurship degree is also available with course topics that may include running a service-based business, business laws and government regulations, creation of a successful e-business and more. When enrolling in this type of program you might also have to choose a concentration, such as small business, retail industry or general.
Master of Science in Entrepreneurship
The Master of Science in Entrepreneurship is generally a one year course that is aimed at equipping students with the knowledge required to develop and launch their own ventures. This type of course can also be done over the course of two years on a part-time basis. Generally, the courses that form part of this type of degree also cover the entire entrepreneurial process, which enables students to experience what will be required from them in real-life situations. Required courses can include cases in feasibility analysis, venture initiation and corporate entrepreneurship, while elective courses may consist of technology commercialization, social entrepreneurship, consumer behavior and new product development.
Entrepreneurship Degree FAQ
Can I Obtain A Entrepreneurship Degree Online?
If attending full-time campus classes is not possible due to your schedule, it is still possible to obtain a degree in entrepreneurship in your free time via online classes. This is great for students who dream of starting their own business and want to obtain a degree, but are working full time. To take part in an online course focused on entrepreneurship all you need is a broadband connected computer or laptop, headset and microphone.
Who Is An Ideal Candidate To Study In This Field?
Studying entrepreneurship can teach you a lot of important knowledge and skills, but you still need to have the right attitude and mindset to make a success of your ventures. Being an entrepreneur typically requires a high level of self-motivation as well as the ability to act responsibly. Because of the responsibility as well as personal and financial investment that goes with starting your own business, it is also important that you are able to cope with a lot of stress. Along with a lot of drive and determination, another useful trait to have is good communication skills. In addition, you need to have a positive attitude, be very goal oriented and have critical thinking skills.
What Type of Career Options Are Available With A Degree In Entrepreneurship?
Although a degree in entrepreneurship can be a big help if you plan on starting your own business, there are also many other career paths that can benefit from completing your studies in this field. This includes mid-level management, sales, business reporting as well as recruitment. People who have earned a degree in entrepreneurship also often go on to work as fund-raisers, in research and development or as business consultants. An entrepreneurship degree can also be combined with other types of degrees to expand your career options even further.
How Much Could I Potentially Earn After Earning A Degree In This Field?
Because many people who complete a degree in entrepreneurship go on to create their own businesses, it is impossible to pinpoint accurate income figures. Of course, there are numerous other occupations where a degree in entrepreneurship can be a big advantage. These include sales managers, which has a median salary of about $113,860 per year, financial analysts, who earn in the region of $80,310 per year, and marketing managers who typically earn between $65,980 and $171,390 per year according to the United States Bureau of Labor Statistics.
What Are The Other Advantages To Obtaining This Type of Degree?
The biggest advantage of earning a degree in entrepreneurship is that it can teach you how to provide for yourself, which is vital as the rate of unemployment increases. Completing this degree and starting your own business doesn’t just mean that you are your own boss, but that you are also directly contributing towards job creation, which is very rewarding. It can provide you with independence as well as control over all of the business actions of your company. Additionally, while the focus of entrepreneurship is on creating your own business, it is also a degree that teaches you knowledge and skills that are useful when working at any type of small business. Finally, a degree in entrepreneurship can teach you a lot of lessons that other entrepreneurs had to learn the hard way. It can assist you with gaining valuable knowledge, which means you won’t later to have to spend a lot of money on consulting fees after your business is up and running.