It is not news that some refer to the contemporary, ever-increasingly fast-paced marketplace as the fourth industrial revolution.
The best master programs in entrepreneurship USA help students accelerate and, if required, scale up their ideas.
Students who attend these schools will be at the vanguard of innovation and development, with an interdisciplinary focus that recognizes the economy’s interdependence.
Perhaps more importantly, they will have the opportunity to enhance themselves and their communities by bringing economic and social value via innovation, teamwork, and leadership.
Entrepreneurship is so broad that it transcends the confines of academia. Entrepreneurship education entails developing both self-confidence and business contacts, as well as generating creativity and producing real-world results.
Best Masters Programs in entrepreneurship in the USA
1. University of Pennsylvania
The University of Pennsylvania uses cutting-edge business research to equip students to work in a variety of entrepreneurial environments following graduation.
The Master of Business Administration in Entrepreneurship and Innovation degree is the most effective approach to developing these talents. Students must take four credit units to complete this major.
2. Harvard University
Harvard University’s Master of Business Administration in Entrepreneurship and Innovation ranks first on our list, drawing on almost four centuries of academic distinction. It’s home to the Rock Center for Entrepreneurship.
The Rock Center organizes a New Venture Competition and operates a business accelerator on campus.
The New Venture Competition offers $300,000 in awards, and students can enter in one of two tracks: business or social enterprise.
The business accelerator has assisted in the establishment of digital platforms for clinicians, investors, childcare, and agribusiness, among others.
In addition, the Rock Center has a program that gives graduating MBA students rewards to help them pay off their student loans.
3. University of Southern California
The University of Southern California is thrilled to offer the Master of Science in Entrepreneurship and Innovation, the country’s first integrated entrepreneurship program.
The degree’s teaching and practices are informed by its long history. The program can be completed in one year.
During that year, six distinct venture competitions would be held, with prize money totaling more than $300,000. Students can also choose amongst seven minors: Entrepreneurship, Social Entrepreneurship, Digital Entrepreneurship, Media Economics and Entrepreneurship, Game Entrepreneurism, Technology Commercialization, and Performance Science.
Alumni have gone on to work for firms including Kinko’s, MySpace, Tinder, Riot Games, and Salesforce.
4. University of North Carolina at Chapel Hill
The University of North Carolina at Chapel Hill provides a Master of Business Administration with an Entrepreneurship Concentration.
Students can choose from the Founder, Funder, and Growth Executive/Intrapreneur paths. The founder track is designed for students who want to establish their businesses, whereas the funder track is primarily focused on venture capital investment. The Growth
Executive/Intrapreneur is for those who want to run a growing business. Students in this program have the chance to work with the Kenan-Flagler Private Equity Funds, the 1789 Venture Lab on campus, and participate in the Venture Capital Investment Competition.
5. Lehigh University
Lehigh University offers a Master of Business Administration with a focus in Corporate Entrepreneurship.
This emphasis is part of the Part-Time, Flexible MBA program, which is a hybrid program developed for working professionals and accredited by the Association to Advance Collegiate Schools of Business.
The degree involves 36 credit hours of coursework, of which 12 are in the Corporate Entrepreneurship emphasis. Courses include Anatomy of Entrepreneurship: Start-Ups and Established Businesses, Financial Forecasting: Developing Pro Forma, and Intellectual Property: Management and Valuation. pupils can also participate in a global immersion program, which has previously transported pupils to the United Kingdom and China.
6. University of Texas at Austin
The University of Texas at Austin offers a Master of Business Administration with an Entrepreneurship Concentration.
This program requires students to complete 30 credit hours of curriculum, including subjects such as Law for Entrepreneurs, Opportunity Identification and Analysis, and New Venture Creation.
Students can also benefit from their experiences with the Herb Kelleher Center for Entrepreneurship.
UT Austin also houses the Hicks, Muse, Tate & Furst Center for Private Equity Finance and the IC2/Austin Technology Incubator.
This incubator is designed to receive feedback and advance fresh start-ups. Students can also participate in micro-consulting projects, where they are part of a team addressing real-world difficulties in actual companies.
7. Cornell University
Cornell University’s Master of Business Administration degree, with a specialization in Entrepreneurship & Innovation, assists people seeking to advance their talents.
This concentration includes courses such as Big Red Tech Strategy, Design & Innovation, and the Business Idea Factory.
This program also includes a management practicum, in which students work on a business project with a real company.
Students can also participate in a NYC Intensive, which takes place at Cornell Tech’s campus in New York City.
Overall, this program can be completed in one year and involves 60 credits of instruction.
How Much Can I Make With a Master’s Degree in Entrepreneurship?
If you’re considering getting a master’s degree in entrepreneurship, you might be wondering if you’ll still be stuck with traditional 9-to-5 employment.
The good news about getting one of these degrees is that you’ll be able to adapt your career path to your specific requirements and goals—there is no set recipe for success as a master’s in entrepreneurship graduate.
Some people are born entrepreneurs, driven to work diligently to achieve their goals and see their businesses prosper.
Many of these professions were born with the necessary talents to succeed. Others, however, believe that obtaining a master’s degree in entrepreneurship is crucial to overcoming obstacles and establishing a profitable business.
Because of this level of diversity, your chosen career will be equally diverse. Some innovators launch their businesses immediately, while others pursue extra education beyond the MBA (or work for other employers or organizations first).
The most prevalent job titles connected with a master’s degree in entrepreneurship are senior product managers and management consultants.
As a product manager, you can work in the manufacturing, technology, or science industries.
You’ll be in charge of the day-to-day operations of a manufacturing facility and will require at least a bachelor’s degree to get started.
Earning a master’s degree in leadership is wise because it will provide you with the necessary leadership and creative thinking skills to be a successful manager.
Salaries in this area are highly competitive, with professionals earning an average of $108,790 per year.
Though the growth rate is slower than normal (about 1%), you’ll find that this is a rewarding career to pursue if it’s your passion.
As a management consultant, you will recommend increasing an organization’s efficiency.
You can collect information about the challenges that a corporation needs to tackle or undertake informal observations and tests to determine what types of data or systems are required for improvement.
Conclusion
Earning one of the finest affordable master’s degrees in entrepreneurship can provide you with the development, business management, and innovation abilities required to bring your ideas out of your head and into the spotlight.
All you need to start a new business is a clear mind. To be successful, you’ll need to learn a lot more about creating and launching big ideas.
The business world has grown increasingly technology-driven, making it more necessary than ever to be able to build and advertise your firm on social media and other platforms.
While you can certainly start your firm after receiving a master’s degree in business administration (MBA), taking a more specialized program is a terrific approach to gaining the skills you need to establish your new venture.
You’ll be able to experiment with your ideas and practice essential business competencies in a more controlled environment (the classroom!) while also developing the network required for long-term job success.
