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Best Online Bachelor's in Entrepreneurship Degree Programs

An undergraduate entrepreneurship program provides training in new business ventures, management, marketing, and organizational leadership, among others. Find out more about the best online programs, concentrations, common courses, and career options in entrepreneurship.

Top Schools for Online Bachelor's Degrees in Entrepreneurship

The best schools for online bachelor's degrees in entrepreneurship have usually earned programmatic accreditation for their business programs and provide robust support services including specific initiatives to help graduates build their professional careers. Other criteria include the diversity of programs, the flexibility and the cost of tuition.

1. Cleary University

Location In-State Tuition & Fees% Receiving Financial Aid
Howell, MI $20,55098%

Cleary University offers a bachelor's degree in business management tailored for working professionals. Students shift focus each semester to a new aspect of running a business and there are semesters on creative thinking, leadership, communication and entrepreneurship. The online program is quite open to credit transfers including knowledge gained in non-traditional learning settings such as apprenticeships, work experience, or military training. Students can avail themselves of various support services such as tutoring, virtual assistance for writing assignments, academic advising, counseling service, and disability support. The university is accredited by the Higher Learning Commission (HLC).

2. Davenport University

Location In-State Tuition & Fees% Receiving Financial Aid
Grand Rapids, MI $18,41497%

Davenport University offers a Bachelor of Science in Leadership and Organizational Performance that's designed to prepare students for contributing to startups or organizations with innovative ideas. The school provides one-on-one academic advising for online students and it seems to be working: Davenport boasts of a 91% job placement rate for its graduates. The school's business programs have earned specialized accreditation from the International Accreditation Council for Business Education (IACBE).

3. Northwood University

Location In-State Tuition & Fees% Receiving Financial Aid
Midland, MI $27,06099%

Northwood University is home to a 126-credit online bachelor's degree in entrepreneurship; its goal is to train students to establish and manage their own companies. About 34% of their graduates have gone on to become business owners. Students are given exclusive 24/7 access to Handshake, a career advancement platform that features job postings and other professional opportunities. Other support services include career counseling, resume and cover letter review, interview practice, and resources on job offer negotiation. The university is accredited by the HLC, and its business degree programs are accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

4. University of Minnesota-Crookston

Location In-State Tuition & Fees% Receiving Financial Aid
Crookston, MN $11,82295%

The University of Minnesota-Crookston offers a Bachelor of Science in Leadership with a focus on entrepreneurship. While students can complete the coursework online, the curricula include an internship and other hands-on experiences that can enhance the learning process. The university caters to around 900 online students and reports a 93 percent employment rate for its graduates within six months of degree completion. It is accredited by the HLC and uses the Academic Quality Improvement Program (AQIP) to maintain its accreditation.

5. University of Wisconsin-Whitewater

Location In-State Tuition & Fees% Receiving Financial Aid
Whitewater, WI $7,69280%

The online bachelor's degree program in general business at the University of Wisconsin-Whitewater features a flexible curriculum that students can tailor according to their preferred field of study (this includes entrepreneurship). Online students have access to various resources such as academic advising, financial aid, library and research assistance, career guidance, and IT support. The university is also recognized as a military-friendly institution for its support services for enrolled service members and veterans. It is accredited by the HLC, and its business department is accredited by the Association to Advance Collegiate Schools of Business.

All statistics provided by the National Center for Education Statistics, tuition based on 2018-2019 school year

Learn.org's school ranking methodology categorizes and assesses data from schools and other reliable sources, such as the U.S. Department of Education, and weighs the information based on quality, cost, value and other factors critical to students' academic decisions.

How to Choose an Online School

Prospective students who are aiming to earn an online degree would do well to consider these factors when choosing a college.

Program Cost

The total cost of an online program includes tuition, miscellaneous fees, and other school-related expenses. Some schools charge higher tuition for out-of-state students while others offer a flat rate for online programs regardless of residency. While tuition is often charged on a per-credit basis, some colleges may offer a lower rate for students who take more credit hours per term than for those who enroll in fewer courses. Online programs can include a variety of fees such as technology fees, assessment fees, and distance learning fees. Students may also have to spend on travel and housing for programs that include on-campus residency, internship, or study-abroad activities. In addition, students need an up-to-date computer and fast, reliable internet access.

Credit Transfer Policy

Online colleges have varying credit transfer policies, but in most cases, credits earned in regionally accredited schools (more on this below) are more easily accepted. Articulation agreements between community colleges and four-year institutions also provide a smoother process for transferring credits from an associate's degree.

Students should also keep in mind that most schools require a minimum grade in a previous course for credit to be eligible for transfer. Some colleges have a limit on the number of credits they accept and require transfer students to complete a certain number of courses in their new program. There are also schools that allow credits for appropriate work experience, professional training, or College Level Examination Program tests.

School Size

Large colleges and universities tend to offer a broader selection of programs to choose from across multiple academic disciplines. Smaller schools, on the other hand, are usually more focused on one or more specific fields such as business, nursing, humanities, and social sciences. An important factor to consider when looking at school size is the student-to-faculty ratio. A smaller online class is particularly impactful in synchronous course formats, as it allows better engagement with the instructor and more active participation in live discussions. A lower ratio might also provide students with better access to faculty for consultations and advising.

Program Length

Like their on-campus counterparts, online baccalaureate programs typically take four years to complete, but there are factors that can shorten or lengthen the years of study. Some online schools follow the conventional semester system, with courses only offered twice a year. Others provide accelerated courses that run for five, eight, or ten weeks with multiple start dates; this allows students to finish their program at a much faster pace, although the compressed lessons would mean a heavier and more intensive coursework.

Meanwhile, there are programs that allow part-time enrollment and a more flexible curriculum so students can decide how many courses to take each term. This arrangement might be particularly useful for students who have full-time jobs or family obligations.

Overview of Online Bachelor's Programs in Entrepreneurship

An undergraduate program in entrepreneurship provides theoretical and practical training in establishing and managing a business.

Admission Requirements

In applying for admission to a bachelor's program, prospective students should prepare to submit their high school transcripts, GED, or HSED, whichever is applicable. ACT or SAT scores are also a common requirement. Some schools impose a minimum GPA and ACT/SAT scores as part of the qualification screening. Other considerations for admission are extracurricular involvement, community service, work experience, and answers to essay questions.

Concentrations

Some entrepreneurship programs offer concentration areas, giving students the opportunity to specialize in specific subfields within the business industry.

Business Analytics

The business analytics concentration focuses on resolving problems and achieving company goals through evidence-based decision making. Students typically have a chance to employ statistical theories, programming skills, and software tools to better understand challenges and come up with sound business solutions.

Small Business

This specialization examines the various components of running a small business including operations, hiring practices, customer service, marketing, and social media engagement. It also looks into the basic elements of e-commerce including best practices for running a profitable online business.

Digital Marketing

In this specialization, students will tackle the role of digital marketing in the general marketing strategy of a company. They will examine the dynamics of various social media platforms, learn how to create and maintain consumer engagement through online channels, and establish analytics for all platforms including web analytics and search engine optimization.

Risk Management

This concentration focuses on concepts of risk management and mitigation. Students are expected to learn how to create and implement a risk management plan, and how to utilize data analytics to better understand risks in business operations.

Common Courses in Undergraduate Entrepreneurship Programs

Students enrolled in an online bachelor's program in entrepreneurship can expect to take courses like these. A lot of online classes are conducted asynchronously, which means students can access course materials and complete requirements on their own time. There are courses, however, that are delivered in a synchronous format, requiring students to attend online sessions on a designated schedule.

Entrepreneurial Leadership

An entrepreneurial leadership course equips students with the proper tools and skills to build, manage, and lead a new business. Lessons will touch on resolving leadership challenges, avoiding common entrepreneurial mistakes, and forming a professional team while maximizing limited resources.

Business Models

This course examines various business models including their limitations and challenges as well as their paths to success. Students will learn how to utilize a business model in managing resource requirements, identifying sources of revenue, and analyzing associated risks.

Marketing

This course focuses on effective marketing tools and strategies that can help a business identify and reach its target market. Topics can include industry trends, market niches, product development, and online marketing.

Business Plan Development

In this course, students are introduced to the framework and process of crafting and presenting a business plan. This involves conducting a feasibility study that outlines various components such as market opportunity, product descriptions, consumer profile, sales estimates, and profit forecast.

New Venture Finance

This course looks into investment approaches and potential sources of funding for a new business. Students will learn about financial statements, pro forma development, cost of capital, cash flow, financial ratios, and exit strategies.

Enterprise Law

This course tackles laws and regulations relevant to an entrepreneurial venture such as taxation, labor laws, and intellectual property. Students will look into the legal aspects that affect a company throughout its life cycle, from business formation to harvest.

Social Entrepreneurship

A social entrepreneurship course focuses on business ventures that provide solutions to societal problems. The course will examine the sense of mission and financial viability of social enterprises as well as provide opportunities for participation in community service endeavors.

Accreditation of Online Schools and Programs

Accreditation is a crucial component of ensuring that colleges and universities maintain quality when it comes to instruction, faculty quality, graduation rates and student support services. Students must be enrolled in accredited institutions to be eligible for federal financial assistance. Organizations recognized by the U.S. Department of Education and the Council for Higher Education Accreditation (CHEA) are tasked with crafting assessment standards and granting accreditation to qualified institutions.

Regional Accreditation

Regionally accredited colleges are usually public and private, not-for-profit institutions that offer bachelor's programs and graduate degrees. Credits earned in these schools are more easily transferable to schools with national or regional accreditation.

National Accreditation

Nationally accredited schools are mostly for-profit or faith-based colleges, or ones that offer vocational or technical education. Course credits from these schools are only accepted at other nationally accredited colleges and standards are not considered as rigorous as regional accreditation.

Programmatic Accreditation

Programmatic accreditation is granted to academic departments or programs in a specific field of study such as business, education, healthcare, or the law. In business education, the two accrediting agencies recognized by CHEA are the Accreditation Council for Business Schools and Programs (ACBSP) and the International Accreditation Council for Business Education (IACBE).

Job Options, Salary, and Career Outlook for Entrepreneurship Graduates

Graduates of online entrepreneurship programs are well-suited for careers in the business and financial sectors. Aside from starting their own companies, they can work for corporations involved in manufacturing, retail, sales, banking, insurance, and the service industry.

Chief Executive Officer

CEOs direct the overall mission and goals of an organization. They oversee operations, manage budgetary priorities, approve agreements and contracts, and appoint people for senior leadership positions. CEOs of startups and small businesses usually take on day-to-day operational duties such as purchasing, personnel training, and quality control. In bigger companies, top executives are more focused on policies, strategies, and major corporate decisions.

Marketing Manager

Marketing managers are in charge of introducing a product or service to consumers and drumming up interest to boost sales. They assess potential market demand, develop pricing strategies, and craft marketing plans. They often work with product development, sales, and advertising as well as with top executives.

Sales Manager

Sales managers are responsible for setting sales quotas, overseeing the distribution of products and services, addressing customer complaints, and implementing training programs for sales personnel. They also examine sales statistics, monitor market preferences, and design strategies to gain more customers. They usually work closely with the marketing, logistics, and research departments.

Management Analyst

Management analysts help companies become more profitable by identifying ways to reduce expenses and increase revenue. They examine an organization's financial data, conduct interviews with personnel, come up with solutions and better practices, and submit recommendations to management. Some analysts specialize in certain fields such as corporate restructuring or inventory management.

Market Research Analyst

Market research analysts are tasked with evaluating the marketability of a product or service by looking at sales trends, consumer demands and habits, market conditions, and other relevant factors. They employ a number of research tools including questionnaires, surveys, focus groups, interviews, and opinion polls. They also monitor the product features, sales performance, and marketing strategies of their competitors.

Occupations Median Annual Salary (May 2019)* Projected Job Growth (2018-2028)*
Chief Executive Officer $184,460 6% (Top Executives)
Marketing Manager $136,850 8% (Advertising, Promotions, and Marketing Managers)
Sales Manager $126,640 5%
Management Analyst $85,260 14%
Market Research Analyst $63,790 20%

Source: *U.S. Bureau of Labor Statistics

Professional Associations for Entrepreneurship Graduates

Entrepreneurs and business professionals can expand their network and enhance their skills by joining entrepreneurship organizations. These groups can provide networking opportunities, training, educational resources, and other services to support their members.

Entrepreneurs' Organization

EO is an international network of more than 14,000 entrepreneurs across 62 countries. Membership benefits include access to business forums and events, executive-education and business accelerator programs, and mentorship.

National Association of Women Business Owners

NAWBO represents more than 10 million women-owned businesses across all industries in the United States. The organization provides members with access to corporate and media partnerships, a legislative action center, national conference, and other support services.

National Association for the Self Employed

NASE is an organization of small business owners and entrepreneurs with over 50,000 members nationwide. Members can avail themselves of expert advice, educational resources, business tools, insurance plans, and discounts at select merchants.

United States Association for Small Business and Entrepreneurship

USASBE is an organization of business owners, managers, researchers, policymakers, and entrepreneurship educators. The group organizes conferences and networking events and provides online resources and a career center for its members.

The Indus Entrepreneurs

TiE was formed by Silicon Valley entrepreneurs and executives of South Asian descent; it now has 15,000 members in 14 countries. Members can take part in mentoring programs, networking events, startup education programs, and other benefits.