Best Online Bachelor's in Entrepreneurship for 2019
An online degree in entrepreneurship prepares you for careers in the field of business, including business consultant, sales manager, and management analyst. According to the Bureau of Labor Statistics (BLS), employment for management analysts is projected to grow 12% in the period from 2014 to 2024. The following guide will give you the information you need to decide whether an online entrepreneurship degree is the right path for you.
What are the Best Online Bachelor's in Entrepreneurship Programs?
Top 10 Online Bachelors in Entrepreneurship for 2019
Admissions Rate
68%
Graduation Rate
51%
Online Enrollment
32%
Retention Rate
78%
Default Rate
7%
Students can earn an online entrepreneurship degree from Buena Vista University. The private, Presbyterian university located in Storm Lake, Iowa, features a 58-credit online bachelor's degree completion program in management. The program can be finished in about two years, but requires students to possess an associate degree or transfer a minimum of 60 credits. Students can study entrepreneurship as part of the management degree program, or pursue sports management or human resources tracks. Although the program can be completed entirely online, it is also available at more than a dozen BVU satellite campuses. BVU accepts both examination and experiential credits. The application process requires transcripts, but not interviews. Entrepreneurship students must complete 10 business core classes, three management cores, and four entrepreneurship track courses to fulfill the degree requirements.
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What Will I Learn in an Online Entrepreneurship Program?
Bachelor's in entrepreneurship programs can vary from school to school. Students who are interested in a particular specialization should verify that their program meets their needs. Below is a list of courses a student pursuing a entrepreneurship degree online can expect to take.
Risk Management: A course in risk management teaches students how to identify and assess various threats and methods for mitigating them. Students explore common methods for approaching risk and protecting against similar risk in the future.
Marketing Strategy: This class covers the conceptual frameworks of marketing, including digital outreach, public relations, and branding. Students also learn how to assess customers' needs in order to design marketing campaigns.
Principles of Retail Management: This course teaches students about subjects like business layout, customer service, and retail organization. Students also learn about the logistics of site selection and supply chains.
Business Communications: A business communications course typically centers on the composition of business emails, memos, and reports. Students explore ways to present information efficiently in order to promote business goals.
Financial Planning: In addition to the ins and outs of personal finance, students in a financial planning course learn about legal and regulatory issues, customer service considerations, and maintenance of the client-planner relationship.
What can I do with an Online Entrepreneurship Degree?
Graduating with a bachelor's in entrepreneurship will enable you to enter an exciting and lucrative career in business. The table below lists the median salary as well as a brief description of the following positions: business consultant, sales manager, management analyst, business analyst, and supply chain manager. Since these positions are in demand across a multitude of industries, the tasks you will be required to perform and the salary you will earn can vary.
A business consultant is often hired soon after a company is first established to aid in the development of company policy and staff skills. Alternatively, they may be brought on to reorganize and revitalize a struggling business. Business consultants should have excellent communication and leadership skills.
Median Salary: $72,220
Job Outlook and Salary
An online entrepreneurship degree is a valuable asset for those looking for employment in a growing career field. For example, management analyst jobs are projected to grow from 806,400 in 2016 to 861,400 in 2026, according to the BLS . Students should be aware that many factors such as specific career, industry, and location can have an effect on the salaries of various positions.
| Employment, 2016 | Projected Employment, 2026 |
|---|---|
| 806,400 | 902,900 |
Salary Growth by Experience
In most cases, the more experience a professional has in a particular field, the more money they can expect to make. Employers often assume that years of prior experience have helped employees gain valuable knowledge that will enable them to work more efficiently and with less assistance or oversight. Below is a table of salaries that graduates with their online entrepreneurship degree might expect to receive.
To determine the best online bachelor's in entrepreneurship programs, we looked at the most important factors prospective students, mainly common predictors of future success and a school's commitment to online programs. This boils down to admissions rate, student loan default rate, retention rate, graduation rate, and the percent of students enrolled in online classes. All data points are taken from information provided by colleges and universities to the National Center for Education Statistics.
Each factor is weighted evenly in order to give an objective view and determine the best online bachelor's in entrepreneurship programs. To calculate our rankings, we looked at a school's ranking when organized by a single factor, and then averaged each category's ranking to find an overall score: Admissions Rate (20%) + Default Rate (20%) + Retention Rate (20%) + Graduation Rate (20%) + Percent of Students Enrolled in Online Classes (20%) = Final score.