Entrepreneurship

Types of Degrees Entrepreneurship Majors Are Getting

The following table lists how many entrepreneurship graduations there were in 2020-2021 for each degree level.

Education Level	Number of Grads
Bachelor’s Degree	3,194
Basic Certificate	3,109
Master’s Degree	869
Graduate Certificate	697
Undergraduate Certificate	311
Associate Degree	296
Doctor’s Degree	8

What Entrepreneurship Majors Need to Know

People with careers related to entrepreneurial studies 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 Entrepreneurial Studies Majors

Entrepreneurial Studies majors often go into careers in which the following 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 Entrepreneurial Studies Majors

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

• 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:

• 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?

People with a entrepreneurial studies degree often go into the following careers:

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?

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:

Race/Ethnicity	Number of Grads
Asian	144
Black or African American	244
Hispanic or Latino	495
White	1,908
International Students	193
Other Races/Ethnicities	210

Geographic Diversity

Entrepreneurial Studies appeals to people across the globe. About 6.0% of those with this major are international students.

How Much Do Entrepreneurship Majors Make?

Salaries According to BLS

Entrepreneurial Studies 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 you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

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 Entrepreneurship

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.

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 2020-2021 academic year, 645 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)	0	0
Certificate (1-2 years)	102	20
Certificate (2-4 Years)	3	0
Associate’s Degree	82	20
Bachelor’s Degree	71	31
Post-Baccalaureate	0	0
Master’s Degree	72	21
Post-Master’s	8	0
Doctor’s Degree (Research)	4	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!

Majors Related to Entrepreneurship

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

Major	Number of Grads
Small Business Administration/Management	2,345
Other Entrepreneurial and Small Business Operations	427
Social Entrepreneurship	48
Franchising and Franchise Operations	15

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.