Featured Online Entrepreneurship MBA Schools |
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Kaplan University - MBA - Entrepreneurship
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Walden University - Master of Business Administration (M.B.A.) - Entrepreneurship
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Brandman University - MBA in Business Administration - Entrepreneurship
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Jones International University - MBA in Entrepreneurship
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Post University - Master of Business Administration / Entrepreneurship
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Northeastern University - Master of Business Administration - Innovation Entrepreneurship
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Ashford University - MBA - Entrepreneurship
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Walden University International - Master of Business Administration (M.B.A.) - Entrepreneurship
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Post University - Master of Business Administration (MBA) - Entrepreneurship Track
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An online Master of Business Administration in Entrepreneurship is a great way for a student to gain the foundational knowledge needed to start a business. Entrepreneurship MBA programs teach students about the act of starting a business and include courses on the fundamentals of finance, accounting and management.
Schools with top online entrepreneurship MBA rankings will not only teach students business concepts, but also get them started on their own business project. The best online MBA in entrepreneurship schools help students write effective business plans, teach them how to communicate with clients and even host entrepreneurial events that will put students’ business ideas in front of potential investors. In entrepreneurship MBA online programs, students learn not just about the business basics of finance and operations, but also about topics that specifically affect entrepreneurs like venture development and entrepreneurial law.
Students that are interested in business leadership, innovation and marketing would find an accredited online Master of Business Administration in Entrepreneurship program a great fit for them.
Some additional traits that are common in many online MBA entrepreneurship students include:
Earning an entrepreneurship MBA degree online is comparable to earning any other MBA online. This degree typically requires two years of full-time study to earn. However, students are able to finish the course at their own pace at some colleges that have part-time or accelerated programs.
An undergraduate degree is generally required before students can gain admission to online MBA entrepreneurship programs. Some schools that have an MBA entrepreneurship online program prefer applicants who have degrees in areas such as restaurant management, hospitality, business administration, and fashion marketing.
In addition to requiring students to have a bachelor’s degree, many online MBA in entrepreneurship programs base admission on the following criteria:
Students will typically begin their online MBA entrepreneurship programs by taking a wide range of foundational online MBA courses, such as principles of finance, accounting, marketing, management and interpersonal communication. Entrepreneurs need to be well versed in basic business skills because they will be responsible for making sure that each component of their business is running smoothly.
The second half of an entrepreneurship MBA online program focuses on building a business. Typically, students choose from many different electives, allowing them to specialize in a particular component of entrepreneurship. For example, some online entrepreneurship MBA schools offer classes such as entrepreneurial finance, design, digital marketing strategy, negotiation and human capital management.
In addition to coursework, internships are also completed by some students in online entrepreneurship MBA programs. Such an internship can prove useful in that it not only gives students a chance to practically apply the business and entrepreneurship skills they are learning in an actual business setting, but it can also serve as an introduction into a particular business or company.
Some books students wanting to pursue entrepreneurship MBA careers may find helpful are:
1.The Ten Commandments of Business Failure (Donald R. Keough) – A former president of the Coca-Cola Company, Keough offers insights into business failure that all students pursuing an MBA entrepreneurship online program will need for their own future projects.
2. Shop Class as Soulcraft: An Inquiry into the Value of Work (Matthew B. Crawford) – Written by a former academic that left his career to open a motorcycle repair shop, this book questions the economic and psychological consequences of turning everyone into a “knowledge worker.”
3. The 4-Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich (Timothy Ferris) – This very popular self-help book describes one entrepreneur’s journey to self-employment and his advice for those that want a similar lifestyle.
4. Talent is Overrated: What Really Separates World-Class Performers from Everyone Else (Geoff Colvin) – The author of this book presents his view on what makes people excel, arguing that neither hard work nor natural talent is the key.
5. The 80/20 Principle: The Secret to Achieving More with Less (Richard Koch) –This book explains how people can become more efficient workers by understanding that 80% of their results come from 20% of their efforts.
Graduates from MBA online entrepreneurship programs often aim to be self-employed, so any one graduate’s entrepreneurship MBA salary can vary greatly depending on his or her success. However, students can also look towards other established startups and apply for positions such as:
The U.S. Bureau of Labor Statistics cites the key role that entrepreneurs have on the growth of the economy as they provide new businesses and jobs. However, the number of new businesses created is correlated with the overall health of the economy and the recent recession has caused a sharp decline in new business creation. As the economy improves, prospects for graduates of entrepreneurship MBA schools online will continue to improve.
Many employers prefer graduates who have graduated from AACSB accredited entrepreneurship MBA programs. Association to Advance Collegiate Schools of Business accreditation generally indicates that a business school gives students a quality education.