Best Online Master’s In Entrepreneurship Degrees

A degree in entrepreneurship is ideal for those who wish to be self-initiators in a busy world of startups and small businesses. This degree, although not absolutely a prerequisite to starting one’s own business, sets the foundation for assessing various business risks and incorporating new technology into one’s business strategy.

Updated September 16, 2022

Best Online Master’s In Entrepreneurship Degrees

Are you ready to find your fit?

The best online Master's in Entrepreneurship degrees put a spin on the traditional MBA degree, focusing on creating innovative leaders.

Nowadays people don’t want to wait to make change happen, but want to create solutions to problems they are passionate about themselves.

A degree in entrepreneurship is ideal for those who wish to be self-initiators in a busy world of startups and small businesses. This degree, although not absolutely a prerequisite to starting one’s own business, sets the foundation for assessing various business risks and incorporating new technology into one’s business strategy.

What kind of Entrepreneurial degree should you get?

The major question people have is: Should I get an MBA or a degree in Entrepreneurship? According to an article by the Harvard Business Review, the main difference between a traditional MBA and a degree in Entrepreneurship is the emphasis on reasoning; MBA programs tend to focus on “causal” reasoning based on logic with a specific goal while Entrepreneurial programs focus on “effective” reasoning that focuses on a variety of end goals. Students should reflect on which reasoning style they resonate more with or which area they would like to grow in before choosing a degree.

In addition, an online degree is ideal for already working professionals or non-traditional students trying to get ahead in their career but who do not have time to physically come to campus during traditional school hours. College Choice lists the 50 Best Online MBA Degrees for 2018 and the 50 Best U.S. Colleges for Aspiring Entrepreneurs.

How much money do people make with a Master's in Entrepreneurship?

The median hourly wage in the U.S. for an experienced entrepreneur is $82.50, while the median salary is $171,610 according to the U.S. Department of Labor Bureau of Labor Statistics. Junior entrepreneurs earn a median hourly wage of $53.18 or $110,610 a year, and starting entrepreneurs earn a median hour wage of $36.07 or $75,030 a year. According to Indeed, the overall average Entrepreneur salary in the U.S. is about $67,516. Although many small business owners may struggle within the first few years compared with managers in already well-established, big companies, the outlook and growth for salary is high.

What can you do with a degree in Entrepreneurship?

Other than starting your own business, those that get a degree in Entrepreneurship can become various managers (sales, marketing, etc.), financial analysts, business consultant, research and developers, etc. Overall, Entrepreneurship degrees teach people how to seize or create new opportunities for themselves.

What are the requirements for a Master's degree in Entrepreneurship?

There are no specific requirements or national tests that one must complete in order to graduate with a degree in Entrepreneurship. Some sample courses include: competitive strategy, technology innovation, leadership, entrepreneurship theory, finances, etc.

Recommended Online Programs

What are the best online Master's in Entrepreneurship degrees?

College Choice has compiled a list of the best online Masters in Entrepreneurship using data from U.S. News & World Report, the National Center for Education Statistics' IPEDS database, and individual colleges’ websites. Colleges were ranked on a variety of factors such as institutional excellence and student success (ie. graduation rate, predicted salary, institutional reputation, etc.).

Ranking

See our rankings methodology page.

#1 Best Online Master’s In Entrepreneurship Degrees

University of Arizona

  • Tucson, AZ
  • 4 years
  • Online + Campus

The University of Arizona is a public college in Tucson, Arizona. The institution is a leader in online graduate education with 27 master's degrees available remotely. Entrepreneurship students can pursue the master's in entrepreneurship among the options.

Online education's flexibility and adaptability attract many graduate students to this graduate program. Caretakers, professionals, and other busy enrollees may immediately see how they can balance work, family, and their education. A key feature of online learning here is a blend of academic rigor and flexibility that strongly prepares students for advanced positions in their field.

Applicants receive admittance at a rate of 85% per year, but some programs may vary. Degree-seekers usually need a bachelor’s degree in the major or a related field for entry into a master’s program. Contact the program department, or admissions, to determine entrance and application requirements like transcripts and recommendation letters.

Average Tuition
In-state
$10,990
Out-of-state
$33,273
Retention Rate
83%
Admission Rate
85%
Students Enrolled
44,577
Institution Type
Public
Percent Online Enrollment
42% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#2 Best Online Master’s In Entrepreneurship Degrees

Western Carolina University

  • Cullowhee, NC
  • 4 years
  • Online + Campus

Western Carolina University, a public college, offers graduate programs in different fields from the Cullowhee, North Carolina, campus. The institution is a leader in online graduate education with 10 master's degrees available remotely. Among the options is the master of entrepreneurship in innovation leadership and entrepreneurship for students in entrepreneurship.

Online education's flexibility and adaptability make it an attractive choice for many graduate students. Caretakers, workers, and other busy enrollees may find it easy to work this master’s degree into their schedules. A hallmark of this institution is a lot of experience providing rigorous degrees that emphasize both rigor and flexible learning.

The admission rate for this school is 69% on average per year, but expect some variations across programs. Master's degree-seekers usually need to have a bachelor's degree in the same or a similar field in order to receive consideration. Contact the program website for all of the application details such as how to submit transcripts and letters of recommendation.

Average Tuition
In-state
$1,000
Out-of-state
$5,000
Retention Rate
78%
Admission Rate
69%
Students Enrolled
12,167
Institution Type
Public
Percent Online Enrollment
41% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#3 Best Online Master’s In Entrepreneurship Degrees

Drexel University

  • Philadelphia, PA
  • 4 years
  • Online + Campus

Entrepreneurship students at Drexel University can pursue an online MS degree that ranks highly among master's in entrepreneurship programs. This degree provides learners with advanced knowledge and training required for many higher-level job opportunities in the field. If they choose, graduates with a master of science in entrepreneurship and innovation can also pursue a doctorate later on.

The school’s online format is a big draw for students who need to effectively manage their time. Students can fit in other responsibilities such as work, caregiving, and family life because of the program’s flexibility. Enrollees also like the fact that faculty serve as mentors, and they study in an environment that sees each learner’s potential.

The application requirements for this program include a bachelor’s degree and transcripts, but the department can provide more information. School data show the acceptance rate stands at 75%, but some programs may differ. Once accepted, students will pay $35,181 per year in in-state tuition, with grants, loans, and scholarships popular funding streams for those who qualify.

Average Tuition
In-state
$52,146
Out-of-state
$52,146
Retention Rate
89%
Admission Rate
75%
Students Enrolled
24,205
Institution Type
Private
Percent Online Enrollment
38% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#4 Best Online Master’s In Entrepreneurship Degrees

Southern New Hampshire University

  • Manchester, NH
  • 4 years
  • Online + Campus

Southern New Hampshire University administers a number of quality online graduate programs. People with a bachelor’s in entrepreneurship may want to explore the top-ranked MBA in entrepreneurship. The degree provides the rigorous education expected from a graduate program using a flexible online format.

Students in the MBA in entrepreneurship program study in classes with a 22-to-1 student-to-teacher ratio that is conducive to personalized learning. They acquire the advanced training employers want in potential hires knowledgeable about entrepreneurship best practices. This academic preparation is a prerequisite for higher-level careers in business and industry or a doctoral program in some cases.

Tuition is charged at $18,810 per annum for New Hampshire residents and out-of-state students. Many learners at the institution qualify for grants and scholarships to help reduce the price of tuition. Student loans are another option, and about 68% of enrollees use this popular funding stream to afford their education.

Average Tuition
In-state
$30,756
Out-of-state
$30,756
Retention Rate
65%
Admission Rate
88%
Students Enrolled
113,514
Institution Type
Private
Percent Online Enrollment
94% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

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