Should I Earn an Entrepreneurship Degree?

Entrepreneurship Degree Overview

Entrepreneur in office
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What Is an Entrepreneurship Degree?

An entrepreneurship degree is an academic degree awarded to students who have completed a college, university, or business school program related to entrepreneurship or small business management.

Types of Entrepreneurship Degrees

There are four basic types of entrepreneurship degrees that can be earned from a college, university, or business school:

  • Associate Degree - An associate degree, also known as a two-year degree, is the next level of education after earning a high school diploma or GED. This program usually takes two years of full time study to complete.
  • Bachelor Degree - A bachelor degree is another option for students who have already earned a high school diploma or GED. Most bachelor's programs take four years to complete, but there are exceptions to this rule. Accelerated programs (three-year programs) are available. Also, students who have already earned an associate degree only need two additional years of study to earn a bachelor degree. 
  • Master's Degree - A master's degree is a graduate-level degree for students who have already earned a bachelor degree. Most master's programs take one to two years to complete. Students can choose to earn an MBA or a specialized master's degree.
  • Doctorate Degree - A doctorate degree is the highest degree that can be earned in any field. The length of doctorate programs varies, but students should expect to spend several years earning their degree.

A degree is not a must for entrepreneurs; many people have launched successful businesses without a formal education.

However, degree programs in entrepreneurship can help students learn more about accounting, ethics, economics, finance, marketing, management, and other business topics.

An associate's degree in entrepreneurship can be earned within two years. A bachelor's degree program usually lasts four years, and a master's program can typically be completed within two years after earning a bachelor's degree.

Students who have earned a master's degree in entrepreneurship could earn a doctoral degree in four to six years.

The amount of time that it takes to complete any of these degree programs is dependent on the school offering the program and the student's level of study. For example, students who study part-time will take more time to earn a degree than students who study full-time.

What Can I Do with an Entrepreneurship Degree?

Many people who earn an entrepreneurship degree go on to start their own business. However, there are other jobs that can be pursued with an entrepreneurship degree. Possible job options include, but are not limited to:

  • Business Manager - Business managers typically plan, direct, and oversee operations and employees.
  • Corporate Recruiter - Corporate recruiters help corporate firms locate, research, interview, and hire employees.
  • Human Resources Manager - Human resources managers supervise aspects of employee relations and may evaluate and formulate policies relating to company personnel.
  • Management Analyst - Management analysts analyze and evaluate operating procedures and then make recommendations based on their findings.
  • Marketing Research Analyst - Marketing research analysts collect and analyze information to determine the demand for a potential product or service.

    Learn More About Entrepreneurship Degrees and Careers

    You can learn more about earning an entrepreneurship degree or pursuing a career in entrepreneurship by clicking on the following links:

     

    • About Entrepreneurs - The About.com Guide to Entrepreneurs offers advice on funding, starting, managing, and growing a business.
    • Entrepreneur - This site offers information on starting your own business, marketing, advertising, management, and more.
    • Young Entrepreneur - This site serves as an online social networking forum for entrepreneurs around the world.
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    Your Citation
    Schweitzer, Karen. "Should I Earn an Entrepreneurship Degree?" ThoughtCo, Jan. 31, 2016, thoughtco.com/earn-an-entrepreneurship-degree-466415. Schweitzer, Karen. (2016, January 31). Should I Earn an Entrepreneurship Degree? Retrieved from https://www.thoughtco.com/earn-an-entrepreneurship-degree-466415 Schweitzer, Karen. "Should I Earn an Entrepreneurship Degree?" ThoughtCo. https://www.thoughtco.com/earn-an-entrepreneurship-degree-466415 (accessed November 22, 2017).