Best Online MBAs in Entrepreneurship

An entrepreneurship MBA prepares students to start their own business ventures, lead organizations, or head departments within companies. This degree provides a well-rounded business education while enhancing creative, analytical, and business development skills.

Most MBAs in entrepreneurship require 30-36 credits and take 1-2 years of full-time study, though some schools accept relevant work experience as credit toward an MBA. These programs explore topics such as entrepreneurial finance, innovation management, venture capital, and commercialization.

Often, these degrees culminate in a capstone project, which requires learners to synthesize their knowledge as they create a business plan or develop effective strategies for a simulated business venture.

Generally, an online entrepreneurship MBA costs $12,000-$19,000, although tuition and additional expenses, like textbooks and fees, can vary significantly between schools.

When comparing online entrepreneurship MBAs, students should consider a school’s accreditation status. Institutional accreditation recognizes schools that meet criteria for factors like student support services, academic excellence, and faculty credentials. Students are usually not eligible for federal financial aid if they attend an unaccredited institution. Additionally, many schools only consider transcripts and transfer credits from accredited institutions.

Programmatic accreditation endorses specific programs or departments, verifying that coursework adequately prepares graduates for careers in the field. MBA programs can hold accreditation from agencies like:

Most entrepreneurship MBA programs require applicants to hold a bachelor’s degree from an accredited school and submit official transcripts of all earned college credits. Though not every school requires a minimum GPA, some programs may waive application criteria — like GMAT or GRE scores — for applicants with a GPA of 3.0 or above.

Schools requiring GMAT or GRE score submissions typically don’t have a minimum score requirement, instead using the information as part of their holistic evaluation of each candidate. MBA applications may also request resumes, personal statements, and professional references. Some business schools may also conduct interviews with applicants.

An MBA in entrepreneurship usually features a core business curriculum and several courses specific to entrepreneurship. Some programs also require business electives — classes students choose based on their areas of interest — and a capstone project where enrollees analyze startup strategies or develop business plans. Though every school offers its own courses, common classes include:

The tuition for an online MBA in entrepreneurship generally falls between $12,000 and $19,000 for a typical program — between $300 and $650 per credit.

However, several factors can influence the cost of this degree. For example, private schools often charge higher tuition than public institutions. A reputable, widely recognized school may also charge more than a lesser-known institution.

Additionally, where a student lives can affect how much they pay. Out-of-state learners at public schools sometimes pay higher tuition rates than in-state students, though some online programs charge all enrollees the same rate. Textbooks and fees can also increase the overall cost of an online MBA in entrepreneurship.

Degree-seekers should explore financial aid options to help pay their tuition. These funding sources can include federal or school-sponsored grants and scholarships, which do not require repayment. Loans can also help finance an MBA, but they require repayment with interest.