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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 2019-2020 for each degree level.

Education Level Number of Grads
Bachelor’s Degree 3,280
Basic Certificate 2,796
Master’s Degree 935
Graduate Certificate 730
Undergraduate Certificate 305
Associate Degree 287
Doctor’s Degree 10

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:

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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

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:

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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

Entrepreneurial Studies majors often go into careers where the following abilities are vital:

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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?

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?

3,280 Bachelor's Degrees Annually
37% Percent Women
29% Percent Racial-Ethnic Minorities*
This major attracts more men than women. About 63% of the graduates in this field are male.

Racial-Ethnic Diversity

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

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Race/Ethnicity Number of Grads
Asian 121
Black or African American 215
Hispanic or Latino 493
White 1,984
International Students 256
Other Races/Ethnicities 211

Geographic Diversity

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.

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 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.

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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 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
Associate’s Degree 81 19
Bachelor’s Degree 62 25
Post-Baccalaureate 0 0
Master’s Degree 70 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 2,231
Other Entrepreneurial and Small Business Operations 427
Franchising and Franchise Operations 6
Social Entrepreneurship 1

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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