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Online Master’s Degree in Entrepreneurship

For professionals who dream of owning their own successful business or corporation, a master’s degree in entrepreneurship is the way to go. Many master’s degree programs in entrepreneurship are available as MBA programs with a concentration in entrepreneurship. Some Master of Entrepreneurship programs are also available. Most online master’s degrees in this field can be completed in two years of full-time study, though some also offer an accelerated track. Full-time students may be required to take at least three classes at a time but may take more if they wish to complete the degree in less time. Completion times can vary from one program to the next based on the degree requirements.

Classes for an Online Master’s Degree in Entrepreneurship

A master’s degree program in entrepreneurship prepares students to succeed in running their own business. Students learn to identify business opportunities and define a niche market. Courses will cover laws and policies that affect private businesses and how to establish and run a business in accordance with these laws. They will also learn to finance their business endeavors through courses in business and finance, market their services or products using effective marketing and advertising techniques, and keep accurate records through accounting coursework. Most programs include an overall graduate business education with an emphasis on issues relevant to the entrepreneurial environment. Standard coursework might include:

  • Entrepreneurial Operations
  • Ethics in Business Ownership
  • Entrepreneurial Accounting
  • Intro to Business Models
  • Principles of Marketing

Graduate students in an online master’s degree program in entrepreneurship may work toward the goal of launching their own business before the end of the program or shortly after. Program projects might include writing business plans, designing business models, or developing marketing strategies for their future business endeavors. Projects and exams in entrepreneurship programs are hands-on, experiential learning opportunities.

A Career as a Graduate with an Online Master’s Degree in Entrepreneurship

Many entrepreneurship program graduates go on to launch their own businesses. According the U.S. Bureau of Labor Statistics, many new businesses fail within the first few years. A master’s degree in entrepreneurship is not required to start a business nor is it required to be successful as an entrepreneur. However, an entrepreneurship master’s degree may provide the skills and expertise to overcome the challenges that threaten many U.S. businesses. Income for entrepreneurs varies greatly depending on the success of their business, location, and their chosen industry. Some highly successful entrepreneurs may work as business consultants or financial advisors specializing in small business financing.

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