Types of Degrees Entrepreneurial Studies Majors Are Getting
The following table lists how many entrepreneurial studies graduations there were in 2020-2021 for each degree level.
|Education Level||Number of Grads|
What Entrepreneurial Studies Majors Need to Know
People with careers related to entrepreneurship were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.
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
The following list of skills has been highlighted as some of the most essential for careers related to entrepreneurship:
- 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
As you progress with your entrepreneurship degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:
- 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 Entrepreneurial Studies Major?
Below is a list of occupations associated with entrepreneurship:
|Job Title||Job Growth Rate||Median Salary|
|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|
|Supply Chain Managers||8.0%||$107,480|
|Wind Energy Operations Managers||8.0%||$107,480|
Who Is Getting a Bachelor’s Degree in Entrepreneurial Studies?
At the countrywide level, the racial-ethnic distribution of entrepreneurship majors is as follows:
|Race/Ethnicity||Number of Grads|
|Black or African American||295|
|Hispanic or Latino||553|
Americans aren’t the only ones with an interest in Entrepreneurship. About 7.8% of those with this major are international students. The most popular countries for students from outside the country are:
- Saudi Arabia
How Much Do Entrepreneurial Studies Majors Make?
Bachelor’s Degree Starting Salary
The U.S. Department of Education found that students who graduated in 2017-2019 with a bachelor’s degree in entrepreneurial studies made a median starting salary of $39,417 per year. During this timeframe, most salaries fell between $33,237 (25th percentile) and $44,436 (75th percentile).
Note that some of these people may have jobs that are not directly related to a entrepreneurship degree.
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 Entrepreneurial Studies
Some degrees associated with entrepreneurship may require an advanced degree, while others may not even require a bachelor’s in the field. Whatever the case may be, pursuing more education usually means that more career options will be available to you.
How much schooling do you really need to compete in today’s job market? People currently working in careers related to entrepreneurship have obtained the following education levels.
|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%|
|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%|
|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%|
Online Entrepreneurial Studies Programs
In the 2020-2021 academic year, 854 schools offered some type of entrepreneurial studies program. 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)||168||28|
|Certificate (2-4 Years)||5||0|
|Doctor’s Degree (Research)||6||1|
|Doctor’s Degree (Professional Practice)||1||0|
|Doctor’s Degree (Other)||0||0|
Is a Degree in Entrepreneurial Studies 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!
Explore Major by State
District of Columbia
Majors Related to Entrepreneurial Studies
You may also be interested in one of the following majors related to entrepreneurship.
|Major||Number of Grads|
|Business Administration & Management||416,590|
|Finance & Financial Management||57,778|
|Management Sciences & Quantitative Methods||43,382|
|Human Resource Management||28,787|
|Business Support & Assistant Services||19,119|
|Management Information Systems||13,680|
|General Sales & Marketing||5,923|
|Specialized Sales, Merchandising & Marketing||5,191|
|Other Business, Management & Marketing||4,822|
*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.
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