An entrepreneurship degree focuses on actual skills required to plan, finance, and launch new businesses. It prepares students to acquire these skills with courses in market assessment (exploring markets with opportunities for a new business), venture capital (how to source funds for startups), and business plan development (writing business plans based on ideas for presentation to investors), among others.
An entrepreneurship degree may vary by level and specialization. Some programs focus on small business administration/management or technology innovation for business management. There are also differences between programs depending on the school’s facilities and faculty.
Undergraduate programs typically include a two-year associate degree often completed at a small community college. In the U.S., universities and colleges offer bachelor degrees in entrepreneurship which will require four years. In the U.K. and other countries, however, the same bachelor’s degree will take less time – around three years – to complete.
Although an entrepreneurship degree is primarily for those interested to establish their own business, there are jobs for the graduate who may not necessarily be ready just yet to take the plunge into business ownership. An individual with an entrepreneurship degree can find a job in marketing management, travel and hospitality, product representation, advertising, and career counseling.
Jobs You Can Apply For
Work as a marketing manager, product developer, market analyst, business consultant, and corporate manager will be less difficult for someone who has a degree in entrepreneurship than the next person who has a philosophy degree because the core competencies in the mentioned areas have already been studied by and developed in the entrepreneurship degree holder.
Some entrepreneurship degree graduates find fulfilling jobs in non-profit organizations, particularly in fundraising which isn’t simply about raising money for a good cause but putting together marketing, accounting, and writing proposals, strategies culled from some courses taught in entrepreneurship programs. The entrepreneurship degree graduate is still running a business, only at a more altruistic level.
Schools that Offer Good Entrepreneurship Programs
Like the majority of bachelor degrees, a degree in entrepreneurship will take four years to complete, although if the student takes advanced courses, it is likely that he/she will graduate much earlier. There aren’t many schools or educational institutions that offer entrepreneurship as an undergraduate program but those that do are quite excellent and it is up to the student to decide what school to attend.
The University of Houston Wolff Center for Entrepreneurship currently has 31 undergraduate entrepreneurship-related courses. One hundred percent of its total undergraduate faculty have begun, bought or operated successful businesses. The Brigham Young University’s Rollins Center for Entrepreneurship & Technology in Provo, Utah offers 32 entrepreneurship undergraduate courses.
New York’s Syracuse University Entrepreneurship & Emerging Enterprises has even more courses in its undergraduate program total 64. Temple University’s Innovation & Entrepreneurship Institute in Philadelphia has 47 undergraduate courses in entrepreneurship. The Center for Entrepreneurial Studies at the University of North Carolina at Chapel Hill has 41 entrepreneurship undergraduate courses.