Best Online Bachelors in Entrepreneurship Degrees for 2023

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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 entrepreneurship 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 entrepreneurship degree, though some may graduate sooner with an accelerated entrepreneurship 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 online bachelor's in a higher income and better financial stability.


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


1

Arizona State University

Arizona State University (ASU) is a large, public university founded in 1885. It is located in Tempe, Arizona, which is essentially a suburb of Phoenix. ASU has a student body population of over 53,000, almost 45,000 of whom are undergraduates. This college also has one of the top business schools in the United States. ASU offers students an online bachelor's in entrepreneurship degree.

  • 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

Oregon Tech has a large, beautiful 190-acre campus surrounded by low hills and near Upper Klamath Lake, giving you plenty of things to do outdoors all year 'round. Over 5,300 students attend each year to earn certificates, associate's, bachelor's, and master's degrees from this 70+-year-old institution. There are over 400 degree program options available from this campus and Oregon Tech has many online programs, including an online bachelor's entrepreneurship degree.

  • 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

American Public University System (APUS) is a university offering only online or distance education to their 45,000+ students. Their headquarters is in Charles Town, WV, in the panhandle of the state. Students can earn an associate, bachelor's, master's, or doctoral degree from any of the school's nearly 100 majors. The largest departments are focused on business and management, computer science, and homeland security or law enforcement. APUS offers a 100% online bachelor's entrepreneurship degree.

  • 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

Cleary University is a very small private institution founded in 1883 as the Cleary School of Penmanship and later incorporating a business school. The campus is in Howell, Michigan, northeast of Detroit. This higher learning institution only enrolls around 600 students each year, and these students can pursue associate's, bachelor's, and master's degrees in mostly business majors. Cleary University offers an online bachelor's in entrepreneurship degree as one of their business programs.

  • 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

Brigham Young University-Idaho (BYU-Idaho) is a private, not-for-profit, four-year school situated in the remote town of Rexburg, Idaho, about an hour north of Idaho Falls. The high student population makes this one of the largest colleges in the U.S. Over 44,000 students enroll each year and gain access to associate and bachelor's degrees. Students can take courses in a variety of majors including those in education, computer science, engineering, business, agricultural science, and much more. BYU-Idaho also offers prospective students an online entrepreneurship program.

  • 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

Western Carolina University (WCU) is a mid-sized, public, higher learning institution founded in 1889 as a school for teaching children. Today, the school has a wide array of degree programs to cater to the needs of its more than 12,000 students. The student population consists of program participants from all over the world, and over 85% of students are enrolled in undergraduate programs. Two campus locations are available, as well as online learning opportunities. Over 115 majors and concentrations exist alongside 40 advanced degree programs in high-demand educational areas including business, the arts, education, science, engineering, and humanities. WCU has a 100% online bachelor's entrepreneurship degree that potential new students can get an online degree in.

  • 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

The University of North Carolina at Greensboro is one part of the extensive network of University of North Carolina locations. A public research university, it is home to almost 20,000 students. Its largest school is the Joseph M. Bryan School of Business and Economics, which provides business education to roughly 3,600 Greensboro students. The rest may choose from bachelor's, master's, or doctoral degrees in a variety of online business programs such as an online entrepreneurship degree.

  • 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

Winona State University's (WSU) campus is located, unsurprisingly, in a town in Minnesota named Winona and surrounded on all sides by low mountains and right ap against the Mississippi River. This public university offers its 7,600+ students access to associate's bachelor's, master's, and doctoral degrees (research or private practice), as well as a variety of certificates. The school has the traditional classrooms you expect, but they also offer undergraduate and graduate degree programs to students through their online learning portal, such as an online bachelor's in entrepreneurship degree.

  • 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

Lamar University, also knows as LU, is a public university located in Beaumont, Texas. The school serves nearly 15,500 students a year, of which around 8,700 students are undergraduates. Lamar University was first founded in 1923 and offers more than 150 academic programs in a variety of formats, so students can choose between attending in a traditional classroom setting or pursuing an online degree. LU has seven separate academic colleges including business, which offers an online bachelor's in entrepreneurship.

  • 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

Northwood University (NU) is a small, private university founded in 1959. It is located in the small city of Midland, Michigan, which is right around the middle of the state. The school has a student body population of just over 2,500, nearly all of whom are undergraduates, though students can choose to earn associate's, bachelor's, post baccalaureate certificates, master's, or doctoral degrees (research). At NU students can earn a 100% online bachelor of science in entrepreneurship.

  • 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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Where Do You Earn a College Degree in Entrepreneurship?


Undergraduate students earn their online bachelor’s degree 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 an online 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 an online 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 business 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 business administration 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 Entrepreneurship Degree Admission Requirements?


Although requirements for online entrepreneurship degrees can vary widely between programs, business schools, and states, most require a high school diploma with a GPA of at least 2.5 to 3.0 and a variety of coursework that teaches you about startup investments, business plans, e-commerce, entrepreneurship programs, and more. In addition, you will also be required to master the tools needed to help your business grow. Many bachelors’ in entrepreneurship will allow you to complete your entrepreneurship degree program with a focus on certain areas such as hospitality, healthcare, or business management but entrepreneurship can also be the focus or concentration of a bachelors’ in a business degree program that combines general education courses with business fundamentals. However, they may also hold a GED or state certificate. Your first 2 years of entrepreneurship business core general education classes will be general core to earn an associate degree. Graduates of an associate online program can transfer credits to a four year online bachelor's in entrepreneurship program.

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 business 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 Bachelors?


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's degree programs, they should also be certain that their college or university has quality accounting, marketing, finance, management, international business, and social enterprise online courses and programs.

A bachelor’s degree in general and an online bachelor’s degree in entrepreneurship allows graduates to stand out from the crowd. And, for those students planning to be entrepreneurs, an online bachelor’s degree can help them succeed.

Here are some advantages this degree provides to students:

  • Graduates of an online bachelor’s in entrepreneurship 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 entrepreneurship bachelor’s degrees are more likely to be better at marketing themselves and their skills.
  • A bachelor’s degree in entrepreneurship 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.

What’s Involved in a Bachelor’s Degree in Entrepreneurship ?


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.

An online entrepreneurship degree 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 Online Classes

  • 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 Entrepreneurship
  • Business Model Development
  • Financing Entrepreneurship
  • Communication at Work
  • Collaborative Team Skills
  • Entrepreneurial Marketing
  • Fundamentals of Entrepreneurial Finance
  • Global Supply Operations
  • Leadership Skills
  • Market Research Business Strategy
  • Marketing Strategies
  • Business Law
  • Financial And Managerial Accounting
  • Critical Thinking
  • Financial Accounting
  • Project Management
  • Human Resources Management
  • Ethical Decision Making
  • Writing Business Plans
  • Risk Management

What to Consider When Choosing a Program for Entrepreneurship


Why Accreditation is Important?


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

There are two types of accreditation: regional and national, with business program accreditation being supplied to specific entrepreneurship programs by specialized agencies. See the Department of Education (DOE) website to review regional accrediting agencies and to find out which one covers your region. You can also check with the DOE to make sure that whatever accrediting agencies your chosen school claims are actually approved agencies. If they are not, then you will not have access to federal financial aid while attending that school and you may not be able to transfer any credits earned there either.

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 Business Education


Online Master’s Degree in Entrepreneurship


A Master of Science in Entrepreneurship will 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 online 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.

Online MBA in Entrepreneurship


A Master of Business Administration with an Entrepreneurship concentration is just one MBA option which focuses heavily on creativity and business opportunities. It also offers online students analytical tools, skills, and perspectives that all go toward an eventual entrepreneurial startup with the strength of an MBA behind it.

Online students in these entrepreneurship 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.

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

Online Entrepreneurship Certifications


A certification in entrepreneurship can be nearly as valuable as a degree at any level. While some of these online entrepreneurship 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 online 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.

Available Careers with an Entrepreneurship Bachelor’s Degree


  • Small Business Owners:
    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 Lawyers:
    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 Journalists:
    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.
  • Consultants:
    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 Advocates:
    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 organization's' goals.
  • Marketing Managers
  • Business Analysts
  • Business Consultant

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.

Future 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.

Frequently Asked Questions


Are there prerequisites for online entrepreneurship programs?

The majority of the prerequisites you will need to complete are the same as for any other business-related degree at the bachelor’s or master’s level. Even at the master’s level, you won’t be required to have personal experience with entrepreneurship. You don’t have to start your own business to get a master’s degree in the field. You’ll need to have the correct educational experience, work experience, and prerequisite courses, as usual.

How long does it take to earn an entrepreneurship bachelor's degree online?

Typically, you will need to earn 120 credits to get an entrepreneurship bachelor’s degree, and you can obtain 30 credits per year by studying full-time. Therefore, it would take a total of four years to complete the course. However, there are some options to help you earn your entrepreneurship degree sooner. Some schools offer accelerated entrepreneurship programs where you can reduce that time by about 30%. There is also year-round learning available at various colleges and universities, or another option is transferring credits you received from AP courses in High School to reduce the credits still required.

How much does an entrepreneurship bachelor’s degree online cost?

For a full four-year bachelor’s entrepreneurship degree, it will cost anywhere from $28,000 to $94,000 in total tuition. Even at full price of $94,000, it is a great investment choice since you will make the full four-year tuition cost back in around one year, when you start your own business, and with the skills you will learn, you are bound to be successful. A study conducted by American Express found that the majority of entrepreneurs pay themselves an annual salary of around $70,000 a year.

Other costs may include textbooks, organizational dues, materials, technology costs and don’t forget to factor in housing. According to the College Board, average room and board (on campus) can set you back anywhere from $10,800 to $12,200 per year. To cut costs, some students will room together off-campus in a nearby apartment. Then there are those who will seek out part-time jobs to help pay for college or university courses while others will spend their time searching and applying for scholarships and grant programs.

Does the college have post-graduate job placement help & assistance?

Another important factor you should consider when evaluating online colleges is career services and job placement entrepreneurship programs, as some are very helpful where others may not provide as much assistance as you are led to believe. A good program will not only assist you with job placement before and upon graduating but will also offer you continued support throughout your advanced career while assisting you with any issues that may befall you. What's more is, these programs will help you create a stellar resume, prepare you for job interviews, and even advise you on job performance.

Why you need to consider the rankings and accreditation of the college

Did you know that the school you obtain your entrepreneurship degree from has a big impact on how much you will earn? Most employers have their own rating system for colleges and universities. Thus, they will base your salary on the reputation or rank of the school you graduated from. Therefore, if you received your diploma from a college that was accredited by a low rated agency, your salary may be reduced by a certain percentage where a high-ranked recognized accredited school, can raise that mark significantly.

What can I expect to learn from an online bachelor’s in entrepreneurship?

The majority of your core classes in this degree will be focused on foundational business topics. However, there will also be classes in entrepreneurship that are focused on teaching you how to obtain funding, build a business plan for a new business idea, and more. These are the courses that will help you start your own business when the time comes.

What can I do with an entrepreneurship degree?

Obviously, it would seem like the main goal of this degree is to start your own business, but there are many other things that you can do in business with a degree in entrepreneurship. For example, the training you receive should prepare you to lead, so you might do well in a management position. You’ll also be familiar with looking for funding, so you might work in fundraising for a non-profit. You should have a creative streak and might do well leading a research and development team. An entrepreneurship can lead into almost any position in business if you decide you want it to.

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