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What can you do with a masters in entrepreneurship?

Written by: Aaron Perkowitz, Edited by: Valerie Black

Published: February 5, 2025


Master's in entrepreneurship programs teach students innovation, business, and negotiation skills. Students learn how to open a company, create new products, and determine project feasibility. Read on to discover top master's in entrepreneurship programs, benefits, and what you can do with an entrepreneurship degree.

Are master's in entrepreneurship degree holders in high demand?

Graduates of master's in entrepreneurship or MBA programs in entrepreneurship can build their own businesses or work in a corporate role like project manager, accountant, and business analyst. Degree-holders typically work in offices but can also work in restaurants, stores, or factories.

Job growth varies by job and depends on future demand, technological changes, and regulations. However, many of the roles you can pursue after earning this degree have faster-than-average growth rates. For example, the Bureau of Labor Statistics (BLS) predicts that financial examiner jobs will grow by 21% between 2023–33. This is almost five times as much as the 4% average job growth for all occupations.

What jobs can you get with a master's in entrepreneurship?

Project manager

Project managers create new projects or revise existing products. Managers coordinate with multiple departments and listen to customers to understand product demands, forecast costs, and resolve issues.

BLS projected annual salary (2024): $98,580

Accountant

Accountants prepare and analyze financial statements to ensure compliance with laws and project tax payments. These professionals can identify accounting discrepancies, monitor costs, and suggest ways to improve revenue outcomes.

BLS projected annual salary (2024): $79,880

Cost estimator

Cost estimators analyze project details to predict the required funds, labor, and materials. Estimators can work on construction, service, or manufacturing projects across a variety of industries.

BLS projected annual salary (2024):$74,740

What is in a master's in entrepreneurship program?

Master's in entrepreneurship programs typically take 1-2 years to complete and usually require 27-30 credits. These programs can help you learn the business, critical thinking, and communication skills necessary to run a small business. You may study ideation processes, finance modeling, and marketing methods.

With an entrepreneurship degree, you can start a new business or expand an existing company. Many master's in entrepreneurship programs incorporate hands-on learning experiences that allow students to pursue personal projects or connect with existing projects. Schools may encourage student entrepreneurs to network with classmates and find faculty mentors.

Benefits of a master's in entrepreneurship

  • Develop the skills you need to become an entrepreneur.
  • Analyze case studies to gain inspiration for future projects.
  • Network with like-minded individuals.
  • Gain first-hand entrepreneurial experience.
  • Understand the growth process for new companies.
  • Learn how to implement new ideas in existing ventures.

Is a master's in entrepreneurship right for me?

A master's in entrepreneurship can be worth it if you wish to study business innovation and skills. Graduates of master's in entrepreneurship programs may have more confidence to open their own businesses.

These programs can help you learn small business legal regulations, understand common pitfalls, and study negotiation tactics. You can also select electives that align with your future business goals.

The knowledge you gain in these programs may help you avoid common industry mistakes.

How much does a master's in entrepreneurship cost?

A master's in entrepreneurship's total tuition price varies widely and depends on school prestige, class sizes, delivery format, and location. Program costs typically only factor in tuition and school fees, so be sure to budget additional funds for books, transportation, and housing, if applicable.

Students can apply for financial aid options to offset costs, including:

  • Scholarships: Scholarships are a type of financial aid that do not require repayment. Applicants may need to meet specific education, demographic, or income requirements to be awarded a scholarship.
  • Grants: Grants typically have need-based requirements but do not require repayment.
  • Loans: Loans may provide funds for education but must be repaid over time with interest.

Frequently asked questions about master's in entrepreneurship degrees

How hard is a master's in entrepreneurship?

A master's in entrepreneurship program has a similar difficulty level as other business-related master's degrees. Full-time students can complete the program in 1-2 years. If you are interested in entrepreneurship, you may find the program worth the time commitment.

Is entrepreneurship a good career?

The quality of an entrepreneurial career varies from person to person. If you want to choose your own career path and working hours and create innovative business ideas, pursuing a career in entrepreneurship may be a good fit. However, some business owners encounter financial hardship and work-related stress that may be difficult for some people.

What are the benefits of a master’s in entrepreneurship?

Graduates of a master's in entrepreneurship program can develop business, accounting, and marketing skills. These programs can also help you network with other entrepreneurs, gain first-hand business experience, and learn from business case studies.

Which master's degree is best for entrepreneurship?

The best degree depends on your professional goals and interests. You can consider the benefits of an MBA in entrepreneurship vs a master's in entrepreneurship. A master's in entrepreneurship program focuses on entrepreneurial skills within the context of business. An MBA in entrepreneurship program focuses more broadly on business skills with a concentration in entrepreneurship.

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