Careers in Entrepreneurship
An online degree in entrepreneurship is designed to equip graduates with the skills they need to launch and operate their own business. Because success rate is on an individual basis, it’s hard to estimate projected income or job outlook, but some of the more famous entrepreneurs, like Facebook creator Mark Zuckerberg, are worth billions of dollars. However, do note that the U.S.
Bureau of Labor Statistics (BLS) does state that establishment survival of a new business is the lowest it’s been in years — most fail within their first year. But of course, success depends on various circumstances, including the industry of your business venture, personal training/education, and level of determination.
Required Education for Entrepreneurship
While students don’t technically need a degree to create a home business or start up, an online bachelor’s degree in entrepreneurship will definitely help strengthen any weak skills you may have in business planning and creative thinking, accounting, project management, financial analysis or employee relations. In other words, you’ll learn how to not only create and sale a product and/or services to consumers as well as how to pitch to investors and clients, but you will also learn how to keep your business a float and run a team.
That said, some courses typically include ethics in business, new venture franchising, and accounting to just to name a few. Online programs in entrepreneurship vary, but bachelor’s degree seekers are usually required to construct a mock business proposal. Some students use this opportunity to start working on a real business idea.