The Best Online MBA in Entrepreneurship
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Entrepreneurship and new business ventures contribute positively to the U.S. economy.
MBA in entrepreneurship students learn important fundamentals such as developing business plans, understanding business from conception to execution, and learning how to manage small- and large-scale businesses in different industries. Graduates of these programs are afforded plenty of room to grow, high employment levels, and the ability to adapt to different industries depending on their interests, career goals, and aspirations for growth.
Earning an MBA opens up career opportunities and unlocks higher salary potential. Before enrolling in a program, students can explore factors including program cost, course offerings, career potential, and program type. During their program and continuing after graduation, students can explore membership opportunities with various professional organizations relevant to entrepreneurship, providing them with networking possibilities and professional development experiences.
The Best Online Entrepreneurship Programs
Online Entrepreneurship Programs Ranking Guidelines
We ranked these degree programs based on quality, curricula, school awards, rankings, and reputation.
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While specific criteria under consideration can vary by ranking, there are a few data points that we value most highly. They are affordability, academic quality, and online enrollment. Below, we break down our algorithm to help you understand what you're getting when you use one of our rankings.
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Breakdown of Our Rankings Methodology
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Featured Online Entrepreneurship Programs
What Is an MBA in Entrepreneurship?
MBA in entrepreneurship programs prepare students to pursue business and/or product ventures by combining the theory and practice of business administration with entrepreneur education. Entrepreneur education programs focus on the importance of building a strong professional network, securing funding (including venture capital), and organizing and initiating a startup.
MBA in entrepreneurship programs cover subjects such as researching and identifying emerging market opportunities, applying innovation to current businesses, revitalizing mature organizations, channeling creativity into daily operations, and further developing critical thinking and analytical problem–solving skills.
Plenty of people can think of a potential idea for a business or product, but they may not have the knowledge and skills necessary to make this idea a reality. An MBA in entrepreneurship gives students the foundation to bridge the gap and create successful and sustainable business ventures. Students who earn an MBA in entrepreneurship can partner in a startup or apply their knowledge to help operate and develop an entrepreneurial venture.
How Is an MBA in Social Entrepreneurship Different?
An MBA in social entrepreneurship provides students with a specific focus on socially conscious enterprises. This degree provides students seeking to develop a company and devoted to serving the community the skills and knowledge needed to actualize this dream. An MBA in social entrepreneurship combines the theory and practice of business administration with entrepreneurship education, adding a specific focus on social awareness and social service.
Online MBA in Entrepreneurship Programs
Students who enroll in online programs enjoy unique benefits, some of which can include asynchronous learning, which allows students to complete their work within the constraints of their personal schedules. Some online programs feature synchronous learning, which requires students to watch online lectures at a prescribed time.
Advantages of an MBA in Entrepreneurship
Holding a bachelor's degree in business administration or entrepreneurship allows students to pursue careers as business consultants, sales representatives, research and development specialists, recruiters, and business reporters. Students interested in furthering their career opportunities and exploring higher salary potentials can pursue a master of business administration in entrepreneurship. Graduates of these programs can work as general managers, fundraiser managers, construction managers, and business operations managers. Students can also consider pursuing doctoral education if they want full access to careers in the field with the highest possible salary opportunities. In the following section, students can review careers available to MBA graduates, including salary information and job descriptions.
What Can You Do With an MBA in Entrepreneurship?
Students who earn an MBA in Entrepreneurship can pursue a variety of careers:
- Administrative Services Manager
- Business Consultant
- Business Operations Management
- Community Engagement Director
- Company CEO
- Computer Systems Manager
- Construction Manager
- Corporate Manager
- Financial Management
- Fundraising Manager
- General Manager
- Human Resources Management
- Information Security Management
- Management Analyst
- Marketing Director
- Mid–level Manager
- Nonprofit Manager
- Public Relations Director
- Sales Director
- Small Business Owner and Operator
- Social Impact Director
Choosing an Online Entrepreneurship MBA Program
Students searching for the right online MBA program should take their time as they research each program that interests them. In particular, they should pay attention to program cost, comparing different schools to understand which program offers the best tuition rates for their expected financial aid. In–state programs tend to be the more affordable option for prospective students, but some schools offer in–state rates to online students regardless of residency. Students can also research transfer policies, school type and size, program length, on–campus requirements, and graduation requirements. Students should be and precise in their search to find the online program that fits their unique needs.
- Program Cost
- Students considering enrollment in online MBA entrepreneurship programs should consider program costs at each college and university they are interested in. Program cost varies depending on the institution and the amount of financial aid received.
- Transfer Policies
- Students who might need to transfer to another school at some point during their program should review their school’s transfer policies as well as those at competing schools.
- School Size and Type
- Smaller class sizes denote more individualized programs, so students can pay attention to the class sizes featured at each college and university to determine whether they will get the one–on–one attention they desire at a program. Additionally, students should review whether their college of interest operates as a public or private institution, differences in accreditation, and program quality.
- Program Length
- The time it takes a student to graduate will depend on whether they are enrolled full time or part time. Furthermore, some programs require students to maintain full–time enrollment and follow a cohort format, completing courses at the same time as fellow classmates, while others take an asynchronous approach and allow students the flexibility to complete courses at their own pace.
- On–campus Requirements
- Many online MBA entrepreneurship programs feature programs delivered entirely online. Some programs, however, might require students to complete on–campus requirements including courses, seminars, orientations, final presentations, and internships. Students can review program requirements before enrolling in case they do not have the ability to fulfill on–campus requirements.
- Thesis, Fellowship, and Work Requirements
- Each program features its own graduation requirements. Many programs require students to finish a thesis or capstone project, and some require students to complete fellowships or in–the–field experiences.
How Long Does It Take to Complete an Online MBA in Entrepreneurship?
Students pursuing their online MBA entrepreneurship degree encounter different factors that may impact their program length. Typically, full–time students take two years to finish their online MBA program. However, part–time enrollment functions as a great option for students who need the maximum amount of flexibility within their online MBA. For students who want to earn their MBA as quickly as possible, many colleges and universities offer online MBA entrepreneurship programs in accelerated formats. Students enrolled in accelerated programs can double–up on the amount of credits they complete each semester to finish their program in under two years.
Accreditation for Online MBA Degrees
Students interested in earning an online MBA entrepreneurship degree should ensure the program they enroll in is accredited. There are two main types of accreditation: regional and national. Students attending nationally accredited institutions typically focus on coursework geared toward technical and career training and topics. In these institutions, students do not generally complete liberal arts–based coursework. Nationally, accredited programs often carry lower tuition rates than regionally accredited programs do, but they also tend to get excluded from many tuition reimbursement plans.
Credits do not always transfer easily from nationally accredited institutions, so students planning on furthering their education or pursuing certain certifications should consider the transfer requirements before enrolling in a nationally accredited college or university. Regionally, accredited institutions focus primarily on liberal arts–based coursework. Although these institutions often charge higher tuition rates than nationally accredited colleges and schools, they get included in most tuition reimbursement plans and credits are more easily transferred.
The U.S. Department of Education (ED) and the Council for Higher Education Accreditation (CHEA) both play important roles in accreditation. Though the ED does not administer accreditation, it does oversee accrediting agencies to ensure quality education is maintained across accredited programs, setting standards and ensuring programs meet those standards. CHEA operates as an organization of degree–granting colleges and universities. Students can access the ED’s website or CHEA’s website to access a list of all the accredited schools in the United States.
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