Types of Degrees Entrepreneurship Majors Are Getting
The following table lists how many entrepreneurship graduations there were in 2019-2020 for each degree level.
|Education Level||Number of Grads|
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
When studying entrepreneurial studies, 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.
- 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
Entrepreneurial Studies majors often go into careers where the following abilities are vital:
- 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|
|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|
Who Is Getting a Bachelor’s Degree in Entrepreneurship?
At the countrywide level, the racial-ethnic distribution of entrepreneurial studies majors is as follows:
|Race/Ethnicity||Number of Grads|
|Black or African American||215|
|Hispanic or Latino||493|
Entrepreneurial Studies appeals to people across the globe. About 7.8% 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 careers associated with entrepreneurial studies require an advanced degree while some may not even require a bachelor’s. Whatever the case may be, pursuing more education usually means that more career options will be available to you.
Find out what the typical degree level is for entrepreneurial studies careers below.
|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%|
|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%|
|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%|
Online Entrepreneurship Programs
In the 2019-2020 academic year, 614 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||22|
|Certificate (2-4 Years)||3||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!
Explore Major by State
District of Columbia
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||2,231|
|Other Entrepreneurial and Small Business Operations||427|
|Franchising and Franchise Operations||6|
*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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