Bachelor’s in Entrepreneurship Online Degree Programs for 2022

A bachelor’s degree in entrepreneurship may be offered by a college of business or in general courses within universities across the U.S. In these degree programs, undergraduate students learn what they need to know to successfully run their own business. Some of what students learn may include how to manage employees, setting up and managing a budget, writing a business plan, gaining investors, and attracting customers into the business.

A good entrepreneurship program helps to form students into business owners who offer a product or service that customers want to buy. Once students earn their business degree, or even during their degree program, they may decide to write up a business plan so that they can obtain funding to open their company.

As students are making their decisions, they should know that the most common degree in entrepreneurship is a bachelor’s. However, after graduation or after working for a few years, students may decide to attend graduate school.

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Requirements of a Bachelor’s Degree?

Most undergraduate entrepreneurship degree programs require students to earn around 120 credits to graduate, though some may require more. Students often take about 40 courses to reach 120 credits.

A bachelor’s degree is the most common undergraduate degree in every field, which can prepare students to enter their chosen career fields. Students can generally expect to take four years to earn their degree, though some may graduate sooner with an accelerated program or by taking extra courses during the school year or the summer, and others may graduate a year or two later if they attend part-time or take semesters off.

Some degree programs may offer the opportunity to take additional courses that allow students to focus on a particular area in their major. As an example, a bachelor’s degree in business may offer students specialized courses in entrepreneurship. Doing so may allow them to reach their career goals more quickly than if they do not take these concentration courses.

While it takes time for students to graduate and the financial cost may be high, students should focus on the professional and personal growth they can gain through their college programs and possible outside experiences. Just some of the benefits of earning this type of degree in a higher income and better financial stability.

Where Do You Earn a College Degree in Entrepreneurship?


Undergraduate students earn their bachelor’s degrees from the college or university they are attending. This includes public universities, career colleges, online colleges, liberal arts colleges, and private colleges or universities.

While earning a bachelor’s degree takes about four or five years, students who want to may be able to graduate sooner. As mentioned before, you can often choose to take courses during the summer or take online classes that help speed up a degree program. While students are in high school, they may earn advanced placement credits and pass an AP exam in the field or topic in which they are interested.

Some students may begin their college education in a community college and then transfer their credits to a four-year university degree program. They may be able to transfer up to 60 credit hours to a four-year program. This shortens the time spent at a four-year university and can save you money in the long run, while still providing you with a degree from a well-known and respected university.

Online Vs. Traditional Education in Entrepreneurship


Students may choose to attend on-campus classes when they are available. Luckily, these types of courses, and entire online programs, are becoming more and more common throughout the world. Just as with the traditional student, an online student gains exposure to business courses and whatever entrepreneurship courses or programs available. Networking may be harder through an online program, which is an important distinction to keep in mind.

Students begin to develop their entrepreneurial mindsets in these courses; they learn the business tools they need and how to use them in their own new business. Another part of what students learn includes how to analyze those opportunities that may allow them to act on an entrepreneurial opportunity.

Innovation is encouraged as students delve in this area of business. At the same time, students learn how to examine and gauge new venture opportunities. They also learn about turning new opportunities into something of value for other people.

Entrepreneurship may simply mean developing new business ideas and then making them a reality, but the devil is in the details, and that’s what students will learn in their courses, whether they attend online or in-person. The skills students learn can be used in employment in the companies of other business owners. They also gain the ability to use these business skills to keep their own businesses running once they have launched them.

Areas where an entrepreneur may focus their courses and, eventually, their new business include marketing, business consulting, event planning, general management, business operation, etc. Along with learning small business management and entrepreneurship, students are exposed to business ethics in the classroom. They may work on scenarios where they need to figure out the best, most ethical path to take. This practice will prepare them to face tough decisions in the real world.

What are the Admission Requirements?


Incoming students to a bachelor’s degree program are required to hold a regular high school diploma earned from a regular high school or a college preparatory high school. However, they may also hold a GED or state certificate.

Students are required to have a computer and internet connection if they wish to attend courses online. They are also required to meet minimum requirements for computer and technology skills, though this will not be checked. Many schools that offer online learning also offer an IT department that is prepared to help students deal with any technical issues they may have with the online learning platform or system.

If students were provisionally admitted after completing a two-year program from an accredited postsecondary institution, they will be required to have official transcripts of credits earned. And students who have taken either the IELTS exam or the TOEFL exam must submit their official transcripts and exam scores.

Why Earn an Online Entrepreneurship Diploma?


A bachelor’s degree allowed a graduate to stand out from the crowd in past years. After 2015, one-third of students had earned bachelor’s degrees, making it more challenging to stand out with this degree, but leaving its usefulness intact.

And, for those students planning to be entrepreneurs, a bachelor’s degree can still help them succeed.

Here are some advantages this degree provides to students:

  • Graduates of a bachelor’s degree may find it easier to find the job they want. They can receive up to 57% more job opportunities than those without degrees. More than 80% of the openings students are looking for can be found online.
  • The world is becoming more complex. In response, the job market changes as well. The fastest-growing fields today are health, technology, and education.
  • College graduates with bachelor’s degrees are more likely to be better at marketing themselves and their skills.
  • A bachelor’s degree means better earning potential. Bachelor’s degree holders earn an average $1,173 per week. Those who don’t have a high school diploma may expect to earn around $520 weekly.
  • Economic stability is better for those with bachelor’s degrees. Their rate of employment is higher than it is for high school graduates.

Why a Degree in Entrepreneurship?


Entrepreneurs do their best to offer new services or products, or provide services and products in areas that didn’t previously have local access to them, in a local or state economy. Therefore, they are seen as a force for increasing employment because they need to grow their businesses and establish their companies.

Students who want to see their big ideas come to fruition have the opportunity with a Bachelor of Business Administration with an entrepreneurship focus or concentration. Students may even have the opportunity to learn from or be mentored by others who started their own businesses.

Students will want their new businesses to last. For this to happen students need to understand the business field completely. As students look for entrepreneurship bachelor degree programs, they should also be certain that their college or university has quality accounting, marketing, finance, management, international business, and social enterprise courses and programs. Students should look for faculty knowledge in sustainability, new product development, social entrepreneurship, and small and family business.

Beyond the quality and knowledge of faculty, one of the most important points is accreditation. Any degree program that students choose should be accredited by regional accrediting organizations. Programmatic accreditation is also a good thing to look for, though less of a requirement than general accreditation of the school, which can affect more than just your future job prospects.

What’s Involved in a Bachelor’s Degree?


Studying for a bachelor’s degree in entrepreneurship allows students to start a business if this is what they have dreamed of doing. If they choose not to start a business right after graduation, they’ll still have the skills to work for someone else in the business world. Indeed, this is a great option for those who want to build up their credibility in a specific field, gain work experience, find a mentor, or build their overall network before striking out on their own.

If students think creatively, an undergraduate degree in entrepreneurship helps them to launch future business ventures. Business programs offered at colleges and universities across the country teach students the skills they need to work for themselves or help another company to achieve new gains. They may also choose to work in a family business, helping to grow the business and make sure it is a continuing success.

A degree in entrepreneurship can certainly lead graduates to a lucrative career, where they can gain experience, develop a network, and start their own business before they even graduate.

Common Courses

  • Introduction to Entrepreneurship
  • Technology and Innovation in Entrepreneurship
  • Business Law and Ethics for Managers
  • Entrepreneurship and Value Creation
  • Management and Growth in Entrepreneurship
  • Business Statistics
  • Business Model Development
  • Financing Entrepreneurship
  • Communication at Work
  • Collaborative Team Skills
  • Entrepreneurial Marketing
  • Fundamentals of Entrepreneurial Finance
  • Global Supply Operations
  • Leading Organizations
  • Lean Launch

What to Consider When Choosing a Program for Entrepreneurship


Accreditation


Accreditation of a school or degree program is vital for all university students - including students who are earning their bachelor’s in entrepreneurship. Accreditation serves to reassure students and their families that the education offered by colleges, universities, and degree programs have met acceptable levels of quality.

Accreditation is carried out by third-party organizations which inspect the institution, its degree programs, faculty, and teaching materials to ensure that everything and everyone is of high quality. The agency also verifies that the faculty is committed to continuously improving itself.

Particular accrediting agencies have been recognized by the Council for Higher Education Accreditation (CHEA). While accrediting agencies recognize high-quality universities and faculty, these agencies and their work have been noted by CHEA. Recognition from CHEA communicates that the educational standards and educational processes remain in agreement with the expectations that have been set.

Further Entrepreneurship Education


Master’s Degree in Entrepreneurship


A Master of Science in Entrepreneurship may help a student and future entrepreneur to gain a solid foundation so that, once they are ready, they will be better positioned for success. A master’s program should give students access to the newest research and insights.

Students gain competence by learning via hands-on experiences. They take part in workshops which cover a huge variety of topics. This might include team building, sales, metrics, dashboards, leveraging data, and more.

A new business can benefit a community. Communities are composed of a diverse set of residents. From this, a fledgling entrepreneur builds an advisory board, peer group, and future network.

MBA in Entrepreneurship


An MBA in Entrepreneurship and Innovation is just one MBA option which focuses heavily on creativity. It also offers students analytical tools, skills, and perspectives that all go toward an eventual entrepreneurial startup with the strength of an MBA behind it.

Students in these programs learn how to find and take advantage of entrepreneurial opportunities. The program is broad enough that students who want to enter a new business or establish their own may do both.

This program has a unique strength: it mixes practice with theory, which gives students the chance to put the theories to the test and see if they hold up. As they learn about business ventures, they practice what they have been learning.

PhD in Entrepreneurship


At this level, a PhD candidate focuses on new research in entrepreneurship. This starts at the beginning of the program, with the class building a community that, if it is nurtured, will last beyond the time the graduate receives tenure.

Candidates or students may set a goal of becoming professors at the leading research universities around the world. Academia is often the goal of students looking to earn a PhD. Students may also work closely with department faculty in the hope that they can be published in top entrepreneurship journals.

In these programs, many of which take around four more years to complete, students are chosen due to their level of commitment to scholarship and research.

Certification


A certification in entrepreneurship can be nearly as valuable as a degree at any level. While some of these programs require just nine credits, courses are selected to instruct students in processes that every entrepreneur will go through as they take a business idea and turn it into a lucrative career.

As the certificate program is designed, undergraduates, or graduate students, (from almost any degree program) learn how to develop teams using multiple disciplines. They also have the responsibility of developing responsibilities to real-world economic problems and social issues. These responses are required to be both solutions-oriented and market-focused. In these exercises, teams work closely with expert mentors and instructors. They will delve deeply into how they model their business and validation processes. By the end of these exercises, students will have developed a mock entrepreneurial business and they will know how to staff their company with an operations manager and business consultants who oversee the company and advise the student-owners about their next steps.

The courses students take in some of these certificate programs include similar titles as the following:

  • The Entrepreneurial Mindset and Innovation
  • Creating Your Startup Business Model
  • Preparing to Pitch and Launch Your Startup

When students receive their certificates for completing this program, they will be better prepared to focus on the nuts and bolts of starting their own businesses.

What are the Best Online Bachelor of Science in Entrepreneurship Programs?


1

Arizona State University

  • Tuition
    • In-State: $11,338
    • Out-of-state: $29,428
  • Net Price: $14,653
  • Retention Rate: 86%
  • Graduation Rate: 66%
  • Total Enrollment: 74,795
  • Undergrad Students: 63,124
  • Graduate Students: 11,671
  • Diplomas Awarded: 78
  • Grads Salary: $72,000
  • Student-to-faculty: 18:1
  • Arizona State University
2

Oregon Institute of Technology

  • Tuition
    • In-State: $11,269
    • Out-of-state: $31,379
  • Net Price: $16,702
  • Retention Rate: 76%
  • Graduation Rate: 51%
  • Total Enrollment: 5,323
  • Undergrad Students: 5,184
  • Graduate Students: 139
  • Diplomas Awarded: 4
  • Grads Salary: $77,300
  • Student-to-faculty: 16:1
  • Oregon Institute of Technology
3

American Public University System

  • Tuition
    • In-State: $7,360
    • Out-of-state: $7,360
  • Net Price: $11,503
  • Retention Rate: 98%
  • Graduation Rate: 48%
  • Total Enrollment: 50,047
  • Undergrad Students: 40,362
  • Graduate Students: 9,685
  • Diplomas Awarded: 23
  • Grads Salary: $70,000
  • Student-to-faculty: 23:1
  • American Public University System
4

Cleary University

  • Tuition
    • In-State: $22,230
    • Out-of-state: $22,230
  • Net Price: $18,457
  • Retention Rate: 82%
  • Graduation Rate: 56%
  • Total Enrollment: 658
  • Undergrad Students: 509
  • Graduate Students: 149
  • Diplomas Awarded: 2
  • Grads Salary: $71,000
  • Student-to-faculty: 17:1
  • Cleary University
5

Brigham Young University-Idaho

  • Tuition
    • In-State: $4,300
    • Out-of-state: $4,300
  • Net Price: $6,871
  • Retention Rate: 74%
  • Graduation Rate: 56%
  • Total Enrollment: 44,481
  • Undergrad Students: 44,481
  • Graduate Students: 0
  • Diplomas Awarded: NA
  • Grads Salary: $63,700
  • Student-to-faculty: 20:1
  • Brigham Young University-Idaho
6

Western Carolina University

  • Tuition
    • In-State: $4,285
    • Out-of-state: $8,285
  • Net Price: $13,221
  • Retention Rate: 81%
  • Graduation Rate: 64%
  • Total Enrollment: 12,243
  • Undergrad Students: 10,517
  • Graduate Students: 1,726
  • Diplomas Awarded: 15
  • Grads Salary: $60,100
  • Student-to-faculty: 17:1
  • Western Carolina University
7

University of North Carolina at Greensboro

  • Tuition
    • In-State: $7,403
    • Out-of-state: $22,562
  • Net Price: $9,853
  • Retention Rate: 81%
  • Graduation Rate: 59%
  • Total Enrollment: 19,764
  • Undergrad Students: 15,995
  • Graduate Students: 3,769
  • Diplomas Awarded: 11
  • Grads Salary: $58,700
  • Student-to-faculty: 16:1
  • University of North Carolina at Greensboro
8

Winona State University

  • Tuition
    • In-State: $9,780
    • Out-of-state: $15,971
  • Net Price: $17,185
  • Retention Rate: 75%
  • Graduation Rate: 61%
  • Total Enrollment: 7,106
  • Undergrad Students: 6,391
  • Graduate Students: 715
  • Diplomas Awarded: NA
  • Grads Salary: $61,700
  • Student-to-faculty: 17:1
  • Winona State University
9

Lamar University

  • Tuition
    • In-State: $8,591
    • Out-of-state: $18,407
  • Net Price: $11,116
  • Retention Rate: 69%
  • Graduation Rate: 37%
  • Total Enrollment: 16,637
  • Undergrad Students: 8,588
  • Graduate Students: 8,049
  • Diplomas Awarded: 9
  • Grads Salary: $70,400
  • Student-to-faculty: 19:1
  • Lamar University
10

Northwood University

  • Tuition
    • In-State: $29,480
    • Out-of-state: $29,480
  • Net Price: $21,348
  • Retention Rate: 79%
  • Graduation Rate: 58%
  • Total Enrollment: 2,541
  • Undergrad Students: 2,254
  • Graduate Students: 287
  • Diplomas Awarded: 14
  • Grads Salary: $63,000
  • Student-to-faculty: 9:1
  • Northwood University
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Available Careers with an Entrepreneurship Bachelor’s Degree


  • Small Business Owner:
    A student majoring in an entrepreneurship degree program is likely to want to start their own business at some point. This may be after they have worked for someone else, probably in business management. They may have been responsible for the company’s business operations; this prepares them well for the day they begin their own business.
  • Business Lawyer:
    A bachelor’s degree in entrepreneurship prepares a graduate well for dealing with issues in business ethics and the legal troubles a business may face. Contracts, strict liability, and tort law may be processes they work on for their employer.
  • Business Journalist:
    An entrepreneurship degree earned by a graduate can prepare them well for writing about financial and business topics. Journalist, after all, often cover niche subjects, where they write about a particular segment of the news, such as business. Once they start out on their own, this professional may decide to start a website that focuses on business news.
  • Consultant:
    The future entrepreneur may decide to work as a consultant before they begin their own business. They offer their advice to specific business groups. As they develop their advice, they draw from industry knowledge, their problem-solving skills, and their own experiences.
  • Corporate Advocate:
    In this role, an advocate lobbies lawmakers about a position their clients want legislators to support. They also try to influence legislation that is under consideration. Their clients may be public health entities, environmental advocates, corporate associations, and corporations. They understand the organization’s objectives and policies and work to support an organizations goals.

Salary Expectations


There are a variety of degrees that you can earn within the sphere of entrepreneurship, even at the bachelor’s level. However, your earnings are likely to be similar to other business degrees unless you strike out and immediately begin your own successful business. Even so, here is an overview of the possible degrees you may earn and the salaries these professionals expect.

A graduate with a bachelor’s degree in entrepreneurship earns around $55,000 annually, on average. However, they are more likely to begin earning a lower average annual salary, then work up to that salary over time. As they get into their new career field, these graduates may begin working as marketing associates or other lower-level employees. In these types of positions, their early average salary begins around $34,000 and, over time, it may increase to $60,000. If they rise to the rank of president, their salary may increase to closer to $150,000 in their later career.

A student who earns a Bachelor of Science in Entrepreneurship & Marketing may earn around $72,000 a year once they gain a little bit of experience. A marketing manager earns from $44,000 to $103,000, depending primarily on this experience. A marketing director may bring in $46,000 to $132,000 and a senior product manager earns between $96,000 and $178,000.

Outlook


In 2020 COVID-19 helped plunge the U.S. and world into a deep recession. Unemployment claims jumped to historic levels. However, as new COVID-19 vaccines were released and shots went into arms, the pandemic lost some of its grip on working America and other countries.

This also affected small businesses and entrepreneur-owned businesses. Those entrepreneurs with “younger” businesses reported that their operations were deeply affected. One concern was landing new customers. New businesses said that accessing funding for their new business wasn’t as challenging as finding the customers they needed.

Economic conditions in the U.S. have a definite impact on entrepreneur-owned businesses. Recessions have led to businesses closing because they were unable to hold on through the economic downturn. The COVID-related downturn impacted younger businesses while more “mature” businesses reported less impact.

This is important to remember because the economic impacts of these events will echo in the business world for years. Even so, disruption is one of the things which provides truly excellent entrepreneurs with opportunity. Crisis and opportunity go hand in hand when those who are dedicated to bringing quality products and businesses into the world find a need that only they can meet.

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