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Entrepreneurial Studies Major

Entrepreneurial studies is a major that typically falls into the Business, Management & Marketing category.

There are 208 programs available throughout the country that offer an associate’s degree in entrepreneurship, 282 that offer a bachelor’s degree, and 72 that offer a master’s degree. There are also at least 6 schools in the nation where you can get your doctorate degree in the field.

Who Is Getting an Entrepreneurship Degree?

Entrepreneurial studies is one of the least chosen majors in the country, ranked #103 in popularity. About 3,300 students graduated with a bachelor’s degree in the field in 2017. This major tends to be male dominated. About 61.7% of recent graduates are men.

Racial Distribution

At the countrywide level, the racial distribution of entrepreneurship majors is as follows:

  • Asian: 3.2%
  • Black or African American: 6.3%
  • Hispanic or Latino: 13.7%
  • White: 61.5%
  • Non-Resident Alien: 8.6%
  • Other Races: 6.8%
Entrepreneurial Studies Majors Ethnic Diversity Statistics

Americans aren’t the only ones with an interest in entrepreneurship. About 8.6% of those graduating in 2017 were international students. The most popular countries sending entrepreneurship majors to the U.S. are China, India and Indonesia.

What Will You Learn as an Entrepreneurial Studies Major?

An O*NET survey asked people with careers related to entrepreneurship to rate how important certain subject areas were to their job. The following are some of the results of that survey. Importance was rated on a scale of 1 to 5 with 5 being most important.

Knowledge Areas for Entrepreneurship Majors

Entrepreneurship majors often go into careers in which the following knowledge areas are important:

Important Knowledge Areas for Entrepreneurial Studies Majors

Skills for Entrepreneurship Majors

When studying entrepreneurship, 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:

Important Skills for Entrepreneurial Studies Majors

Abilities for Entrepreneurship Majors

As an entrepreneurship major, you will find yourself needing the following abilities:

Important Abilities for entrepreneurship Majors

What Can You Do With an Entrepreneurship Major?

Below is a list of occupations associated with entrepreneurship:

Careers Related to Entrepreneurial Studies
Job Title Job Growth Rate Median Salary

Loss Prevention Managers

8%

$107,480

Chief Executives

-3.9%

$189,600

Compliance Managers

8%

$107,480

Regulatory Affairs Managers

8%

$107,480

Wind Energy Operations Managers

8%

$107,480

Chief Sustainability Officers

-3.9%

$189,600

Business Professors

18%

$83,960

Security Managers

8%

$107,480

Investment Fund Managers

8%

$107,480

Supply Chain Managers

8%

$107,480

Entrepreneurial Studies Major Salary

Average salaries range from $103,000 to $124,000 for careers related to entrepreneurship. This range includes all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.

To put that into context, the typical high school graduate makes between $29,000 and $57,000 a year. The average person with a bachelor’s degree (any field) makes between $44,000 and $99,000. Advanced degree holders make the most with salaries between $55,000 and $120,000.

Average Salary for an Entrepreneurship Major  ( 103000 to 124000 )
$0
$200k
Average Salary for High School Graduate  ( 29000 to 57000 )
$0
$200k
Average Salary with Bachelor's Degree  ( 44000 to 99000 )
$0
$200k
Average Salary with Advanced Degree  ( 55000 to 120000 )
$0
$200k

Your salary will be largely dependent on the career path you follow and what area of the country (or world) you work. Getting a graduate degree may open up more options with higher salary potential.

Amount of Education Required for Entrepreneurial Studies Major Jobs

Some careers associated with entrepreneurship may require an advanced degree, while others may not even require a bachelor’s in the field. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

How much education do you really need to compete in today’s job market? People currently working in careers related to entrepreneurship have obtained the following education levels.

Education Levels for Careers Associated With Entrepreneurial Studies
Level of Education Percentage of Workers

Less Than a High School Diploma

0%

High School Diploma or Equivalent

4.4%

Post-Secondary Certificate

3.9%

Some College Courses

5.2%

Associate's Degree or Equivalent

5.7%

Bachelor's Degree

42.3%

Post-Baccalaureate Certificate

6.8%

Master's Degree

18.7%

Post-Master's Certificate

3.2%

First Professional Degree

0.9%

Doctoral Degree

9.4%

Post-Doctoral Training

0%

Online Entrepreneurial Studies Programs

There are 282 colleges that offer a bachelor’s degree in entrepreneurial studies, with 20 of them offering at least some courses online.

Online learners must listen or watch video lectures, participate in group chats or forums, submit papers and assignments electronically, take tests, and meet deadlines.

Online learners benefit from being able to watch lectures remotely and complete coursework on their schedule, but they also take longer to graduate than average and are more likely to dropout.

Is an Entrepreneurial Studies Major Worth It?

The median salary for an entrepreneurship grad is $116,000 per year. This is based on the weighted average of the most common careers associated with the major.

This is 197% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,533,800 after 20 years!

entrepreneurial studies salary compared to typical high school and college graduates over a 20 year period

References

Bureau of Labor Statistics
National Center for Education Statistics
O*NET Online
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