Entrepreneurship

Types of Degrees Entrepreneurship Majors Are Getting

The following table lists how many entrepreneurial studies graduations there were for each degree level during the last year for which data was available.

Education Level	Number of Grads
Master’s Degree	1,128
Graduate Certificate	815
Doctor’s Degree	3

What Entrepreneurship Majors Need to Know

In an O*NET survey, entrepreneurship majors were asked to rate what knowledge areas, skills, and abilities were important in their occupations. These answers were weighted on a scale of 1 to 5 with 5 being the most important.

Knowledge Areas for Entrepreneurship Majors

Entrepreneurship majors often go into careers in which the following knowledge areas are important:

• English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
• Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
• Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
• Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Skills for Entrepreneurship Majors

When studying entrepreneurship, you’ll learn many skills that will help you be successful in a wide range of jobs - even those that do not require a degree in the field. The following is a list of some of the most common skills needed for careers associated with this major:

• Speaking - Talking to others to convey information effectively.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Abilities for Entrepreneurship Majors

As a entrepreneurship major, you will find yourself needing the following abilities:

• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
• Written Comprehension - The ability to read and understand information and ideas presented in writing.
• Written Expression - The ability to communicate information and ideas in writing so others will understand.
• Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.

What Can You Do With a Entrepreneurship Major?

People with a entrepreneurship degree often go into the following careers:

Job Title	Job Growth Rate	Median Salary
Business Professors	18.0%	$83,960
Compliance Managers	8.0%	$107,480
General and Operations Managers	9.1%	$100,930
Investment Fund Managers	8.0%	$107,480
Loss Prevention Managers	8.0%	$107,480
Regulatory Affairs Managers	8.0%	$107,480
Security Managers	8.0%	$107,480
Supply Chain Managers	8.0%	$107,480
Wind Energy Operations Managers	8.0%	$107,480

Who Is Getting a Master’s Degree in Entrepreneurship?

According to recent stats this major attracts about equal numbers of men and women. Roughly 48% of the graduates are women, and 52% are men.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of entrepreneurship majors is as follows:

Race/Ethnicity	Number of Grads
Asian	148
Black or African American	143
Hispanic or Latino	94
White	404
International Students	257
Other Races/Ethnicities	82

Geographic Diversity

Americans aren’t the only ones with an interest in Entrepreneurship. About 22.8% of those with this major are international students.

Amount of Education Required for Careers Related to Entrepreneurship

Some careers associated with entrepreneurship require an advanced degree while some may not even require a bachelor’s. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to entrepreneurship have obtained the following education levels.

Education Level	Percentage of Workers
High School Diploma - or the equivalent (for example, GED)	4.4%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production)	3.9%
Some College Courses	5.2%
Associate’s Degree (or other 2-year degree)	5.7%
Bachelor’s Degree	42.3%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master.	6.8%
Master’s Degree	18.7%
Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level.	3.2%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession.	0.9%
Doctoral Degree	9.4%

Online Entrepreneurship Programs

The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level	Colleges Offering Programs	Colleges Offering Online Classes
Certificate (Less Than 1 Year)	0	0
Certificate (1-2 years)	164	34
Certificate (2-4 Years)	5	0
Associate’s Degree	191	45
Bachelor’s Degree	104	50
Post-Baccalaureate	0	0
Master’s Degree	108	42
Post-Master’s	13	0
Doctor’s Degree (Research)	5	1
Doctor’s Degree (Professional Practice)	1	0
Doctor’s Degree (Other)	0	0

Majors Related to Entrepreneurship

You may also be interested in one of the following majors related to entrepreneurship.

Major	Number of Grads
Business Administration & Management	395,227
Accounting	84,760
Finance & Financial Management	58,013
General Business/Commerce	57,204
Management Sciences & Quantitative Methods	56,747
Marketing	52,820
Human Resource Management	25,350
Business Support & Assistant Services	16,604
Hospitality Management	14,076
Management Information Systems	11,695
Real Estate	7,783
International Business	7,505
General Sales & Marketing	5,965
Other Business, Management & Marketing	4,903
Business/Managerial Economics	4,885
Specialized Sales, Merchandising & Marketing	4,322
Construction Management	4,158
Insurance	2,334
Taxation	1,257
Business/Corporate Communications	837
Telecommunications Management	58

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• College Scorecard
• National Center for Education Statistics
• O*NET Online
• U.S. Bureau of Labor Statistics
• Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
• Image Credit: By Uicbmarketing under License

More about our data sources and methodologies.