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Entrepreneurship Major

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Entrepreneurship

3,332 Bachelor's Degrees Annually
929 Master's Degrees Annually
#21 in Popularity
$115,590 Median Salary

Types of Degrees Entrepreneurship Majors Are Getting

The following table lists how many entrepreneurship graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Bachelor’s Degree 3,336
Basic Certificate 2,671
Master’s Degree 929
Graduate Certificate 562
Associate’s Degree 344
Undergraduate Certificate 293
Doctor’s Degree 21

What Entrepreneurship Majors Need to Know

O*NET surveyed people in occupations related to entrepreneurial studies 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 Entrepreneurial Studies Majors

According to O*NET survey takers, a major in entrepreneurial studies should prepare you for careers in which you will need to be knowledgeable in the following areas:

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  • 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 Entrepreneurial Studies Majors

A major in entrepreneurial studies prepares you for careers in which the following skill-sets are crucial:

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  • Speaking - Talking to others to convey information effectively.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • 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.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.

Abilities for Entrepreneurial Studies Majors

A major in entrepreneurial studies will prepare for your careers in which the following abilities are important:

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  • 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 Entrepreneurship Major?

Below is a list of occupations associated with entrepreneurial studies:

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

Who Is Getting a Bachelor’s Degree in Entrepreneurship?

3,336 Bachelor's Degrees Annually
37% Percent Women
30% Percent Racial-Ethnic Minorities*
This major tends to be male dominated. About 63% of recent graduates are men.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of entrepreneurial studies majors is as follows:

Racial-Ethnic Diversity of Entrepreneurial Studies Students with Bachelor's Degrees
Race/Ethnicity Number of Grads
Asian 144
Black or African American 203
Hispanic or Latino 473
White 1,990
International Students 288
Other Races/Ethnicities 238

Geographic Diversity

Entrepreneurial Studies appeals to people across the globe. About 8.6% of those with this major are international students.

How Much Do Entrepreneurship Majors Make?

Salaries According to BLS

Average salaries range from $103,330 to $123,880 (25th to 75th percentile) for careers related to entrepreneurial studies. 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.

Median Salary for an Entrepreneurship Major  ( 103330 to 123880 )
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250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some degrees associated with entrepreneurial studies 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 entrepreneurial studies have obtained the following education levels.

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Education Level Percentage of Workers
High School Diploma - or the equivalent (for example, GED) 4.8%
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) 3.4%
Some College Courses 5.1%
Associate’s Degree (or other 2-year degree) 5.4%
Bachelor’s Degree 41.5%
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. 7.0%
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. 3.4%
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. 1.0%
Doctoral Degree 10.2%

Online Entrepreneurship Programs

In the 2018-2019 academic year, 618 schools offered some type of entrepreneurship 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) 215 55
Certificate (1-2 years) 110 24
Certificate (2-4 Years) 2 0
Associate’s Degree 90 18
Bachelor’s Degree 53 20
Post-Baccalaureate 215 55
Master’s Degree 63 21
Post-Master’s 7 0
Doctor’s Degree (Research) 3 1
Doctor’s Degree (Professional Practice) 1 0
Doctor’s Degree (Other) 0 0

Is a Degree in Entrepreneurship Worth It?

The median salary for a entrepreneurial studies 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!

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

Major Number of Grads
Small Business Administration/Management 1,854
Other Entrepreneurial and Small Business Operations 413
Franchising and Franchise Operations 4

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.

More about our data sources and methodologies.

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