Types of Degrees 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
Basic Certificate	5,125
Bachelor’s Degree	3,973
Master’s Degree	1,071
Graduate Certificate	799
Associate Degree	772
Undergraduate Certificate	488
Doctor’s Degree	13

What Majors Need to Know

O*NET surveyed people in occupations related to entrepreneurship and asked them what knowledge areas, skills, and abilities were important for their jobs. The responses were rated on a scale of 1 to 5 with 5 being most important.

Knowledge Areas for Entrepreneurship Majors

This major prepares you for careers in which these 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

Some of the most crucial abilities to master while a entrepreneurship student include the following:

• 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 Major?

Below is a list of occupations associated with entrepreneurship:

Job Title	Job Growth Rate	Median Salary
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 Bachelor’s Degree in ?

This is one of the most frequently chosen business majors. It is the 15th most popular in the country with 3,728 students graduating with a bachelor’s in entrepreneurship in 2021. This major tends to be male dominated. About 61% of recent graduates 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	156
Black or African American	306
Hispanic or Latino	592
White	2,350
International Students	296
Other Races/Ethnicities	273

Geographic Diversity

Students from other countries are interested in Entrepreneurship, too. About 7.5% of those with this major are international students. The most popular countries for students from outside the country are:

• China
• India
• Indonesia
• Saudi Arabia
• Canada

How Much Do Majors Make?

Bachelor’s Degree Starting Salary

Salaries According to BLS

Entrepreneurship majors often go into careers where salaries can range from $103,330 to $123,880 (25th to 75th percentile). This range includes all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Amount of Education Required for Careers Related to

Some degrees associated with entrepreneurship may require an advanced degree, while others may not even require a bachelor’s in the field. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

Find out what the typical degree level is for entrepreneurship careers below.

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 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)	172	35
Certificate (2-4 Years)	4	0
Associate’s Degree	189	40
Bachelor’s Degree	94	46
Post-Baccalaureate	0	0
Master’s Degree	103	41
Post-Master’s	14	0
Doctor’s Degree (Research)	6	1
Doctor’s Degree (Professional Practice)	1	0
Doctor’s Degree (Other)	0	0

Is a Degree in Worth It?

The median salary for a entrepreneurship grad is $115,590 per year. This is based on the weighted average of the most common careers associated with the major.

This is 190% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,513,800 after 20 years!

Majors Related to

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

Major	Number of Grads
Business Administration & Management	403,753
Accounting	93,982
General Business/Commerce	56,779
Finance & Financial Management	54,690
Marketing	52,078
Management Sciences & Quantitative Methods	48,037
Human Resource Management	27,074
Business Support & Assistant Services	19,686
Hospitality Management	16,015
Management Information Systems	12,429
International Business	8,014
Real Estate	7,448
General Sales & Marketing	5,450
Business/Managerial Economics	5,151
Specialized Sales, Merchandising & Marketing	4,668
Other Business, Management & Marketing	4,606
Construction Management	4,158
Insurance	1,737
Taxation	1,447
Business/Corporate Communications	897
Telecommunications Management	68

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.