THE MOVIE “THE SOCIAL NETWORK” is the story of one of the ultimate entrepreneurs of all time Mark Zuckerberg of Facebook. We can’t promise you his success of course but if the idea of working for yourself sounds good and you love learning about business then majoring in entrepreneurship may be for you.
What is entrepreneurship?
Unlike majoring in business in general entrepreneurship focuses on the idea of developing and operating your own business. Studying to be an entrepreneur will help you prepare for a quickly changing market (look how quickly technology has changed business over the last decade!) and seize opportunities as they arise. You’ll learn how to raise capital market your business develop and measure profits and manage your start-up’s finances.
What classes will I take?
Just like any business major you’ll take classes in marketing accounting and finance. But because you’ll be focusing on start-ups and small businesses you’ll also take courses in product development global business time management and capital management.
Usually the best programs in the country are taught by a faculty of entrepreneurs. And the courses go far deeper than Accounting 101 addressing common issues like when to expand when to sell and when to pack it in and every graduate’s favorite: how to start a business with no cash. Learning from professors who have started run and succeeded in business (and even to a certain degree failed) offers students a first-hand account of the practical side of being self-employed.
Which schools offer degrees in entrepreneurship?
There are hundreds of schools in the United States that offer students the chance to major in entrepreneurship also known as “small business.” Many even have a separate program dedicated to small business such as Brigham Young University’s Rollins Center for Entrepreneurship and Technology or Syracuse University’s Department of Entrepreneurship and Emerging Enterprise.
What can I do with a degree in entrepreneurship?
While you’ll certainly be able to work in the business industry the whole point of majoring in entrepreneurship is to prepare you to work for yourself. Surely you’ve been dreaming about launching your invention or opening that storefront (or more likely a website)!
But if you don’t have an unyielding desire to start a business right after graduation or just feel you aren’t quite ready there are plenty of ways to put your newfound knowledge to work for someone else.
You can manage accounts follow up on leads and close deals right? Set your sights on a job in sales. You know business concepts and how to put them into practice so look into research and development. Ready to take an idea from conception to execution? Consider a position in business management.
Whatever path you choose after graduation you’ll be positioned to earn a paycheck in the business world—ideally made out to yourself!