A masters in entrepreneurship is an ideal degree for students who have finished a bachelor’s degree in entrepreneurship or a related subject and desire to further their academic and professional studies. Students can learn a great deal about entrepreneurship simply by enrolling in master’s courses that discuss topics in accounting, business ethics, economics, finance, marketing, and more. Because entrepreneurship involves a great deal of communication, leadership, management, and time-management skills, students who pursue this degree should be competent in these areas.
Why a Master’s Degree?
The business world is constantly changing and evolving. Entrepreneurs need to be at the top of their game now more than ever. A master’s degree in entrepreneurship is an ideal degree for students who want to seek a specialty or further their entrepreneurial skills before launching their entrepreneurial careers or business endeavors. During their graduate degree program, students are required to choose a dissertation topic related to entrepreneurship and complete intensive research to finish their thesis. According to the U.S. Bureau of Labor Statistics (BLS), most entrepreneurs have at least a bachelor’s degree.
Getting Into a Master’s Degree Program
Here are some common admission requirements to entrepreneurial master’s degree programs one should expect to see
- Bachelor’s degree in accounting or related subject
- Work experience in an entrepreneurship-related field
- Desired undergraduate GPA
- Desired GMAT or GRE scores
Inside an Entrepreneurship Master’s Degree Program
During their master’s degree program, entrepreneurship students are expected to complete thesis research and writing. Some colleges may also require master’s students to secure engaging internships and attend lecture series related to their degree. Entrepreneurship degree programs feature courses in important business topics, such as management, accounting, human resources, e-commerce, financing, and more.
Online colleges and remote-learning programs are becoming one of the top trends in entrepreneurship graduate programs; therefore, many students are choosing to complete their entrepreneurship degrees through online platforms. Those who value ease and efficiency in their education will likely find favor in online degree programs.
What’s Next for Entrepreneurship Master’s Degree Holders?
After finishing a master’s degree program, graduates often pursue their entrepreneurial ambitions and goals. According to the BLS, an entrepreneur’s salary heavily depends on the industry in which they work. The BLS also reports that entrepreneurial careers are expected to grow about 5% from 2010 to 2020. Students who want to pursue university positions in teaching or research are encouraged to seek out a Ph.D. in entrepreneurship. With a doctorate degree, students can become business professors and contribute to influential original research in entrepreneurship.