Entrepreneurship degrees apply basic business, marketing, and management concepts to the entrepreneurial enterprise. Students with the goal of launching their own business, whether large or small, will gain the foundational knowledge they need to manage and sustain their business with a degree in entrepreneurship. Some graduates also become business advisors or consultants, helping business owners get their businesses off the ground and remain strong. Entrepreneurship majors benefit from strong analytical and mathematical skills, as well as creativity and ingenuity.
Entrepreneurship degrees often come in the form of a business or business administration degree with a concentration in entrepreneurship. Some entrepreneurship concentrations will also include a management focus, allowing students to develop their managerial skills in preparation for hiring and motivating an employee base. Entrepreneurship degrees are offered at university business departments and through many online colleges and universities.
An associate degree in entrepreneurship is ideal for professionals hoping to start their own small business. Courses often cover basic business management principles, organizational psychology, marketing, and communications. Students usually study business proposals, small business regulations, and how to fund a small business venture. Many students go on to launch their own small business or the degree enhances their management and operations expertise in their current position. Associate’s degrees usually take two years to complete full time, but may take longer if working toward the degree on a part-time basis through distance learning.
A bachelor’s degree in entrepreneurship can be a strong foundation for a long-term career as a small business owner. A degree in entrepreneurship covers business and marketing principles geared toward small businesses as opposed to large corporations. Entrepreneurship-related degrees could also be in the form of a business degree with a minor or concentration in entrepreneurship. Classes will include accounting, finance, organizational psychology, and more. Some online degrees in this field are available, but the widest selection of programs are offered on-campus.
Many Master of Business Administration programs offer a list of concentration options, and students typically have the option to choose entrepreneurship as an area of focus. Students at the master’s degree level will learn advanced concepts in starting, maintaining and even selling a business. They may also be able to take elective courses to further develop their long-term objectives as an entrepreneur. MBA programs are widely available through online colleges and universities. Entrepreneurship is a common area of focus, even within online programs.
A Ph.D. in entrepreneurship takes an academic approach to the study of small businesses. Ph.D. holders often go on to become researchers and university professors at business schools where they teach courses focused on entrepreneurship. A doctorate program might incorporate advanced business, economics, and sociology courses to study how small businesses operate and how they affect our society, economy, and culture. An entrepreneurship degree at this level could take more than four to five years to complete and online programs may be difficult to find. However, many on-campus programs offer some online courses as part of the curriculum.