Best Online Master’s in Entrepreneurship Programs

Look through our ranking of the best online master’s in entrepreneurship programs. Discover potential career pathways for graduates.
Doug Wintemute
By
Edited by
Updated May 31, 2024
chevron-up

Why Trust BestColleges

  • graphs

    3,700+ Nonprofit, accredited colleges analyzed

  • Phone

    6,000+ Users connected with programs every month

  • 300+ College and university partners

  • 40+ Expert reviewers

Learn more about our 

Our Integrity Network

At BestColleges.com, we believe in providing accurate and actionable information for students. Our writers, editors, and reporters are constantly asking themselves the question, ”What information is vital to students right now?” Answering this question is what drives us. Our mission is to inform students through straightforward, factual content informed by the latest data and trends.

The freelance Integrity Network at BestColleges is comprised of seasoned professionals who bring their expertise to almost every subject relevant to college students, including admissions, college majors, financial aid, and student mental health. Network members review and author content, pulling from their first-hand industry experience and ensuring content is as accurate and up-to-date as possible.

If you're interested in joining our Integrity Network, contact us at media@bestcolleges.com. Integrity Network members typically have a graduate or terminal degree and several years of relevant professional experience.


Explore our full list of Integrity Network members.

A master’s in entrepreneurship can help aspiring business professionals turn ideas into profitable ventures. In these programs, students often gain the skills they need to start their own business or seek a position within an existing organization. The versatile training provides educational and professional flexibility.

According to the National Center for Education Statistics, the average graduate degree cost about $20,510 annually during the 2021-2022 academic year. The strong career outlook for entrepreneurship graduates can help reduce the financial impact of this training. The Bureau of Labor Statistics (BLS) projects the addition of 1.1 million management occupations each year between 2022 and 2032. The median annual wage for professionals in this sector was nearly $116,880 in May 2023.

Many of the top online schools provide entrepreneurship programs that either confer standalone degrees or online business degrees with entrepreneurship specializations. Prospective students can also choose between online and on-campus programs and various other study options. Use this guide to help with the decision-making process, understand what to expect from these programs, and discover where the degree can lead.

Popular Online Master’s in Entrepreneurship Programs

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

Loading...
Loading...Learn More
Visit Site
Loading...
Loading...Learn More
Visit Site
Loading...
Loading...Learn More
Visit Site

Top Online Master’s Degrees in Entrepreneurship

#1

Concordia University-Wisconsin

Mequon, WI4 yearCampus + Online

$11,628

Avg. Grad Tuition, In-State

$11,628

Avg. Grad Tuition, Out-of-state

69%

Acceptance Rate

53%

Online Enrollment
Avg. Undergrad Tuition, In-State

$31,660

Avg. Undergrad Tuition, Out-of-state

$31,660

Retention Rate

80%

Students Enrolled

5,204

Institution Type

Private

Accreditation

Yes

Avg. Grad Tuition, In-State

$11,628

Avg. Grad Tuition, Out-of-state

$11,628

Mequon, WI4 yearCampus + Online

Avg. Grad Tuition, In-State

$11,628

Avg. Grad Tuition, Out-of-state

$11,628

Acceptance Rate

69%

Online Enrollment

53%

Avg. Undergrad Tuition, In-State

$31,660

Avg. Undergrad Tuition, Out-of-state

$31,660

Retention Rate

80%

Students Enrolled

5,204

Institution Type

Private

Accreditation

Yes

#2

University of Arizona

Tucson, AZ4 yearCampus + Online

$12,348

Avg. Grad Tuition, In-State

$32,290

Avg. Grad Tuition, Out-of-state

87%

Acceptance Rate

56%

Online Enrollment
Avg. Undergrad Tuition, In-State

$10,990

Avg. Undergrad Tuition, Out-of-state

$33,739

Retention Rate

86%

Students Enrolled

51,134

Institution Type

Public

Accreditation

Yes

Avg. Grad Tuition, In-State

$12,348

Avg. Grad Tuition, Out-of-state

$32,290

Tucson, AZ4 yearCampus + Online

Avg. Grad Tuition, In-State

$12,348

Avg. Grad Tuition, Out-of-state

$32,290

Acceptance Rate

87%

Online Enrollment

56%

Avg. Undergrad Tuition, In-State

$10,990

Avg. Undergrad Tuition, Out-of-state

$33,739

Retention Rate

86%

Students Enrolled

51,134

Institution Type

Public

Accreditation

Yes

#3

Drexel University

Philadelphia, PA4 yearCampus + Online

$36,234

Avg. Grad Tuition, In-State

$36,234

Avg. Grad Tuition, Out-of-state

83%

Acceptance Rate

50%

Online Enrollment
Avg. Undergrad Tuition, In-State

$54,766

Avg. Undergrad Tuition, Out-of-state

$54,766

Retention Rate

90%

Students Enrolled

23,216

Institution Type

Private

Accreditation

Yes

Avg. Grad Tuition, In-State

$36,234

Avg. Grad Tuition, Out-of-state

$36,234

Philadelphia, PA4 yearCampus + Online

Avg. Grad Tuition, In-State

$36,234

Avg. Grad Tuition, Out-of-state

$36,234

Acceptance Rate

83%

Online Enrollment

50%

Avg. Undergrad Tuition, In-State

$54,766

Avg. Undergrad Tuition, Out-of-state

$54,766

Retention Rate

90%

Students Enrolled

23,216

Institution Type

Private

Accreditation

Yes

#4

Syracuse University

Syracuse, NY4 yearCampus + Online

$41,616

Avg. Grad Tuition, In-State

$41,616

Avg. Grad Tuition, Out-of-state

52%

Acceptance Rate

25%

Online Enrollment
Avg. Undergrad Tuition, In-State

$55,920

Avg. Undergrad Tuition, Out-of-state

$55,920

Retention Rate

91%

Students Enrolled

22,698

Institution Type

Private

Accreditation

Yes

Avg. Grad Tuition, In-State

$41,616

Avg. Grad Tuition, Out-of-state

$41,616

Syracuse, NY4 yearCampus + Online

Avg. Grad Tuition, In-State

$41,616

Avg. Grad Tuition, Out-of-state

$41,616

Acceptance Rate

52%

Online Enrollment

25%

Avg. Undergrad Tuition, In-State

$55,920

Avg. Undergrad Tuition, Out-of-state

$55,920

Retention Rate

91%

Students Enrolled

22,698

Institution Type

Private

Accreditation

Yes

What Can I Expect From an Online Master’s in Entrepreneurship Program?

Many of the best entrepreneurs possess strong communication and decision-making skills. They often know how and when to take calculated risks to improve their organizations. In a master’s in entrepreneurship program, students can hone these abilities while they develop specialized and advanced business expertise.

Most students between 1-2 years to complete the required 30-45 credits to earn a degree at this level. However, some online master’s in entrepreneurship programs offer shorter pathways. The training comprises business specifics, new business development, and leadership training. Some programs feature mandatory practicums, and others provide access to business workshops, incubators, and accelerators.

Prospective students preparing for graduate school should identify what type of degree they want, as entrepreneurship programs may award an MA or an MS. An MA typically provides interdisciplinary training with a leadership focus, whereas an MS focuses more on the technical aspects of the field. An MBA may offer an entrepreneurship emphasis as well, but these programs tend to target more experienced professionals.

Within a master’s in entrepreneurship programs, degree-seekers might find specializations or additional focuses, such as innovation, technology, and social change. Concentrations may provide a more defined direction for the training and help learners chart a more direct career pathway.

Still Looking for the Right Fit? Discover Similar Programs.

What Courses Will I Take in an Online Master’s in Entrepreneurship Program?

Entrepreneurial Strategy

This course examines the common startup choices entrepreneurs face and how professionals can make these decisions effectively. Students explore how to develop goals, strategies, and functional frameworks to meet those ends.

Entrepreneurial Innovation

In this course, students learn about corporate and organizational innovation and how to develop the proper approaches to design and implement new ideas. The training may also look at ways of creating a culture of innovation and encouraging creative thinking in a business environment.

Planning and Forecasting

Students in this course learn about the planning and forecasting processes for different business sectors. They learn how to use data and market research to develop informed perspectives and then use that information to project and forecast future events.

Leadership

Leadership courses teach students how to manage teams, departments, and organizations. The training covers personality management, motivation, performance reviews, and training and development. Some courses examine how leadership can impact organizational culture.

Operations Management

In operations management courses, students discover how to oversee and evaluate operational processes and performances. This may include studies in finance, risk management, strategizing, and product and service management.

What Are Admission Requirements for an Online Master’s in Entrepreneurship Program?

While graduate admission requirements vary between programs and schools, most online master’s in entrepreneurship have similar application standards. Some of these graduate programs may prefer candidates who possess bachelor’s degrees in business, but most accept learners from various disciplines.

In addition to the application components listed below, prospective students may be asked to participate in an interview. Online programs may also have technical requirements that learners need to meet upon acceptance.

Application

On the application form prospective students outline their personal information and identify their program of interest. Since most college application systems only serve undergraduate programs, applicants to online master’s in entrepreneurship programs typically apply directly to each school.

Test Scores

Standardized tests, such as the GMAT and GRE, allow schools to compare applicants in a balanced way. While schools typically require test scores as part of the application process, the COVID-19 pandemic has led many to provide test waivers. Prospective students may still want to pursue GMAT and GRE prep courses to ensure they get the minimum scores necessary for admission to their preferred schools.

Letters of Recommendation

Most programs require 2-3 letters of recommendation from the applicant’s former teachers and employers. These letters provide insight into how the student has performed academically and professionally in the past and how that might apply to their future endeavors. Prospective students should start asking for letters of recommendation as early as possible to avoid delays.

Resume and Work Experience

Though most master’s in entrepreneurship programs do not require applicants to possess professional experience, prospective students often need to submit resumes and cover letters with their applications. These documents tell the schools about the candidate’s work history and direction. Our resume and cover letter guide provides tips on making a strong impression.

Essays

College application essays vary by program and degree level. Undergraduate essays often focus on personal history, while graduate essays typically outline academic and professional goals. Essays help schools identify which applicants best fit their programs. Prospective students can look to our guide for help when writing a grad school essay.

Official Transcripts

Nearly all prospective students need to submit official transcripts as part of their application. These records allow schools to determine if the applicant has the required prerequisites and if they qualify for any transfer credits. Our transfer guide provides more information on this process.

What Can I Do With an Online Master’s in Entrepreneurship Degree?

Career Outlook

An online master’s in entrepreneurship can lead to in-demand careers. Most of these positions require a bachelor’s degree at minimum, so earning a master’s degree can make your application more competitive. Graduates may also have access to higher-level roles.

These sectors offer strong financial rewards, as well. The BLS reports that management professionals earned a median annual wage of $116,880 in May 2023. Business and financial workers earned a median yearly salary of $79,050 during the same period. These fields exceed the median annual wage for all occupations, which is $48,060.

See what a master’s in entrepreneurship can do for your professional life. Learn more about entrepreneurship careers.

Career Paths

Top Executives

Top executives oversee the operations and activities of organizations, setting business goals and laying out the processes to meet them. Depending on the organization, they may also handle finances, manage department heads, and communicate with stakeholders. They often implement organizational policies and new initiatives.

Median Annual Salary (May 2023): $103,840

Management Analysts

Management analysts assist organizations in improving processes and profitability. They analyze all the information available to them, including finances, performance evaluations, and market data. They then provide the organization with suggestions and reports based on their findings and may also help with the implementation and execution.

Median Annual Salary (May 2023): $99,410

Training and Development Managers

Training and development managers create training programs to help individuals and organizations improve in various ways. These professionals may assess organizations in identifying areas for improvement and then create training programs to solve the issues. They may also develop training programs that address common issues within most organizations.

Median Annual Salary (May 2023): $125,040

Operations Research Analysts

Operations research analysts help organizations by using mathematics and different analytical methods to make more informed business decisions. They look at financial data and histories to create predictive models and forecasts for businesses. Their analyses can help organizations establish more effective budgets, supply chains, and processes.

Median Annual Salary (May 2023): $83,640

Market Research Analysts

Market research analysts help organizations identify the level of demand for products and services in a specific market. They look at the market conditions, competitor information, and buyer behaviors and histories. These analysts may create consumer surveys, help with pricing, and create presentations and reports on their findings, as well.

Median Annual Salary (May 2023): $74,680

Entrepreneurship Not For You? Check Out These Related Careers.

Continuing Education

While most students start their careers directly after earning a master’s in entrepreneurship, graduates may want to consider some of the available continuing education options. Graduates can pursue a doctorate in entrepreneurship or in a related field, such as business administration, marketing, or human resources.

These advanced degrees can lead to postsecondary teaching positions, along with many senior-level and research and development positions. Graduates can also pursue industry certifications that may help them develop a field specialization.

How Do I Choose an Online Master’s in Entrepreneurship Program?

Cost

Prospective students almost always consider the price of tuition, but they should also look at the true program cost by factoring in expenses for travel, materials, and loss of earnings as a result of studying. Degree-seekers should also compare in-state vs. out-of-state costs, online vs. on-campus study costs, and private vs. public school costs.

Program Format

A program’s format can make a big difference in a student’s educational experience. Prospective learners should weigh the pros and cons of part-time and full-time study, as well as online and on-campus learning. Online learners in particular might want to consider the differences between synchronous vs. asynchronous delivery to find their ideal program type.

Location

When choosing between online or on-campus programs, prospective students need to think about location. On-campus learners need to find a location they can happily live and study in. Online learners have more flexibility, but they should still ensure they can satisfy any on-campus requirements.

Accreditation

Prospective students should ensure all schools they’re considering possess regional accreditation, which can impact financial aid and employment outlook. While programmatic accreditation is not mandatory for a master’s in entrepreneurship, there is value in accreditation from the Accreditation Council for Business Schools and Programs, International Accreditation Council for Business Education, and the Association to Advance Collegiate Schools of Business.

Student Support

Prospective learners should also factor in which student services a school offers. These programs can dramatically improve the educational and postgraduate experience. Degree-seekers might check to see if a school offers mentorship programs, online student services, and internships and practicum support. Institutions may also offer career services and alumni networking programs.

Frequently Asked Questions About Master’s in Entrepreneurship Programs

Yes. A master’s in entrepreneurship can prove valuable for graduates seeking better positions, more professional opportunities, and higher salaries. According to the BLS, a master’s degree qualifies graduates for most management occupations. This sector pays far more than the average median annual wage across all occupations and features higher projected career growth rates than the average rates.

In addition to helping professionals succeed in running their own businesses, a master’s in entrepreneurship can assist graduates in improving other organizations. When deciding on graduate school, prospective students should assess whether a master’s degree will help them achieve their personal and professional goals.

Find the Tools You Need to Get Started on Your Degree

Explore More College Resources

10 Online Business Certificates to Advance Your Career

10 Online Business Certificates to Advance Your Career

Earning business certificates can advance your career. Learn more about 10 popular online business certificates and how they can help you meet your goals.

Whitney Sandoval

by Whitney Sandoval

Updated May 24, 2024

Should You Go Back to College for an Entrepreneurship Degree?

Should You Go Back to College for an Entrepreneurship Degree?

Discover the value of an entrepreneurship degree and its impact on your career. Learn about the pros and cons, skills gained, and financing options.

Valerie Black

by Valerie Black

Updated July 12, 2024

Should You Get a Specialized MBA or a General MBA?

Should You Get a Specialized MBA or a General MBA?

Discover the differences between a general vs. specialized MBA to find the program that works best for you.

Bennett Leckrone

by Bennett Leckrone

Updated August 3, 2024