By definition, entrepreneurs are innovators who start companies. They have considerable amounts of initiative and understand the high levels of risk. The U.S. economy is driven by entrepreneurs. In the last decade, there has been a surge in entrepreneurial job growth. It is noted that entrepreneurship will continue to grow in all areas of business. In spite of the risks, entrepreneurs find their careers quite rewarding. According to Payscale, entrepreneurs make an average salary of $100,000. There are many collegiate degrees available in entrepreneurship. Here, we’ve compiled a list of Top 20 Fastest Master’s in Entrepreneurship.
20 Accelerated Entrepreneurship Master’s Degree Methodology
We looked at dozens of quality colleges that have masters in entrepreneurship programs. Many of these schools have rankings in the U.S. News and World Report and other relevant websites. Only the schools whose master’s in entrepreneurship programs could be completed under 2 years and had 36 credits or less made it onto the list. After these considerations, the colleges were placed on the list based on the raw affordability of estimated yearly expenses according to College Navigator.
#20. University of Chicago
Full-Time MBA in Entrepreneurship
At the University of Chicago’s Booth School of Business, students are given three ways to finish their MBA-Entrepreneurship programs: Full-time, Evening, Weekend. Its full-time option ranks on our list of 20 Fastest Masters in Entrepreneurship. It is very flexible. It takes 21 months to complete its MBA-Entrepreneurship program. The University of Chicago is home to the Polsky Center for Entrepreneurship and Innovation, which has currently helped roll out 330 start-up companies. Some course selections include Entrepreneurial Finance and Private Equity, Building the New Venture, and Special Topics in Entrepreneurship: Developing a New Venture.
#19. Northwestern University
MBA – Entrepreneurship Pathway
Northwestern’s Kellogg School of Management boasts a 67% entrepreneurship-related faculty. Its focus is to prepare graduates in all facets of their business ventures. Its fastest MBA-Entrepreneurship track takes just 1 year to complete as a full-time student. Along with coursework, some entrepreneur electives in this master’s program include New Venture Discovery, Start-up Branding, Intellectual Property for Entrepreneurs, Medical Product Financing and Commercialization, Real Estate Technology, and Social Innovation: Designing.This program develops graduates not only in personal ventures but gives a strong business foundation as well.
#18. Babson College
Master of Science in Management in Entrepreneurial Leadership
Babson Park, Massachusetts
Babson is one of the fastest masters in entrepreneurship programs, with a completion time of 9 months. Its Master of Science in Management in Entrepreneurial Leadership was ranked #1 in Entrepreneurship by U.S. News & World Report from 1994–2018. Babson uses 6 areas to develop its students’ skills in business. These include Entrepreneurial Thinking and Acting, Social, Environmental, and Economic Responsibility, Self and Contextual Awareness, Managing in a Global Environment, Leadership and Teamwork, and Innovative Problem Solving. A sample of the core courses includes Resource Planning and Control (Managerial Accounting), Entrepreneurial Economics, Law, and Information Technology.
#17. Concordia University
MBA in Innovation and Entrepreneurship
Concordia’s Master’s of Business Administration features an entrepreneurship emphasis and is 100% online. It takes 18 months to complete and costs $555 per credit hour. It features a digital learning style that can save money and give fast access to all materials online. Courses include Strategic Management, Organization Development, Human Resources Management, and Leadership and Organizational Behavior. It is accredited by the International Accreditation Council for Business Education. Since this fast program is taught by experts in the field, there’s plenty of networking amidst other professionals.
#16. Full Sail University
Master of Science in Innovation & Entrepreneurship
Winter Park, Florida
Full Sail runs its programs at an accelerated pace. Its credit hours per month are greater than most universities. Students taking Innovation & Entrepreneurship Master of Science can expect to graduate in 12 months. This program is on our 20 fastest masters in entrepreneurship because it breaks down its 36 credits into a simple 3-credit-course-per-month model. These courses include Mastery: Personal Development and Leadership, Creativity and Innovation, Business Feasibility, Legal Issues for Entrepreneurs, and more. Course highlights are Business Model Development, Product Design and Development, and Entrepreneurial Finance.
#15. Regent University
Master of Business Administration – Entrepreneurship
Virginia Beach, Virginia
Regent was just placed as #7 on U.S. News and World Report’s list of Best Online MBA Programs in Virginia 2020. Its Master of Business Administration – Entrepreneurship is offered 100% online or in a hybrid format. Its entrepreneurship concentration consists of these four 3-credit courses: Quality Management, Entrepreneurial Government Contracting Strategies, Investment, Finance, and Funding Relationships, and Strategic Management. Regent is accredited by the Accreditation Council for Business Schools and Programs. This program also features 2 courses that highlight communication skills and analytical techniques.
#14. Penn State University
Corporate Innovation and Entrepreneurship Online
University Park, Pennsylvania
Penn State University is one of the top 1% of universities in the world. Along with all its quality programs, Penn State offers a Master’s in Corporate Innovation and Entrepreneurship Online. This university is one of the best for its entrepreneurship programs. It’s home of the Farrell Center for Corporate Innovation and Entrepreneurship and the Invent Penn State Technology Commercialization and New Venture Creation Initiative. This esteemed program consists of 33 credits and is taught in an online format. A couple of the accredited courses are Business Modeling, and New Venture Creation and Marketing in a Global Environment.
#13. Everglades University
Master’s in Entrepreneurship Degree
Boca Raton, Florida
Everglades University offers a 36 credit Master’s Degree in Entrepreneurship to be completed in 12 months. This is one of the fastest masters in entrepreneurship programs with an online program that allows flexibility for its professional students. There are 12 courses to complete in this master’s program. Some of these include Entrepreneurship, Leadership Skills for Managers, Advanced Organizational Behavior, Accounting for Decision Makers, Business Strategy for Competitive Advantage, Managerial Finance, and Entrepreneurship Capstone Course. This degree will prepare its graduates to be successful in their business ventures.
#12. Temple University
Innovation Management and Entrepreneurship MS
Temple’s Fox School of Business has an Innovation Management and Entrepreneurship MS available at $1,114.00 per credit. This speedy program consists of 33 credits and can be completed in a timely fashion. Plan, Pitch, and Fund an Entrepreneurial Start-Up, Business Model Innovation, and MS Advanced Professional Development Strategies are several main courses. Some of the entrepreneurship concentration courses are Lean Entrepreneurship / Innovation: Fast & Frugal Methods to Launch Startups & Test Innovative Ideas, Creativity Unleashed: Harnessing Creativity to Solve Real-World Innovation Challenges, and Entrepreneurial Thinking and New Venture Creation. The delivery method for this program is online, on campus, or hybrid.
#11. University of Texas at Dallas
Innovation Management and Entrepreneurship MS
The University of Texas at Dallas has a 36-credit hour Master of Science in Innovation and Entrepreneurship program that takes about 1-2 years to complete. UT Dallas was ranked #22 in Princeton Review’s Top Schools for Entrepreneurship in 2017. Students who create quality concepts are able to apply for $25,000 in funds to help with their start-up. The core courses, Accounting for Managers, Entrepreneurial Finance 1, and Innovation and Entrepreneurship account for 9 credits. There are 15 concentration credits as well as 12 elective credits to complete as well. Some of these featured are Managing the Emerging Enterprise, Business Model Innovation, The Entrepreneurial Experience, Principles of Leadership, and Global E-Business Marketing.
#10. University of Arizona
MBA – Entrepreneurial Concentration
The University of Arizona’s Eller College of Management is home to an Online Master of Science in Entrepreneurship. This program can be completed in as little as 12 months with a Fall 1 start time. Students will complete 18 core credits and 12 elective credits. These courses are rich in entrepreneurship foundations. Some of the elective courses are Family Business, Healthcare Entrepreneurship, Leading and Organizing for Innovation, and Information Security in Public and Private Sectors. This program connects its students with entrepreneurs, inventors, and mentors all while having a 100% online format.
#9. University of South Carolina
Full-Time MBA – Entrepreneurial Concentration
Columbia, South Carolina
USC’s Darla Moore School of Business offers an accelerated MBA that takes 10 months to complete, making it one of the fastest masters in entrepreneurship programs. It features many core business admin courses, along with entrepreneurship electives. Two of these electives are Innovation and New Venture Analysis and International Entrepreneurship. This program is rigorous and usually starts in July. After completing the core courses, students will work on their own functional specializations. The Moore School has a strong international reputation that its graduates will benefit from.
#8. Colorado Technical University
Master of Business Administration – Entrepreneurship
Colorado Springs, Colorado
CTU is known for its excellent online programs. Its online MBA program made it onto U.S. News and World Report for the last 5 years. As far as getting a fast masters in entrepreneurship, CTU offers this online or on-campus. It’s accredited by ACBSP and is in step with the National Business Education Association. While taking core classes in business foundations, students will build their own business plan. While this 48 credit entrepreneurship program is rigorous, courses are 4-credits each and the online flexibility makes it manageable. A couple of the core courses include Applied Managerial Finance and Leadership and Ethical Decision-Making along with these concentration courses: Entrepreneurship & Intrapreneurship: Skills for Success; Entrepreneurial Business Planning Capstone; and more. This program can be completed in as little as 12 months.
#7. Clarion University
MBA – Innovation and Entrepreneurship Concentration
Clarion provides a Masters in Business Administration with an Entrepreneurship concentration. This program combines its core and concentration courses for a total of 33 credits. Clarion offers this online or in the evenings on campus. The objectives are to graduate professionals with a solid business foundation, give opportunities to teach in community colleges, empower them to start their own company, move them towards a doctorate, or prepare them to obtain middle-management jobs. Along with the foundational courses, the entrepreneurship concentration consists of Innovation and Entrepreneurship, Entrepreneurial Enterprise Sustainability, and Special Problems: Entrepreneurial Practicum.
#6. Indiana University
Masters of Science in Entrepreneurship and Innovation
IU’s Entrepreneurship and Innovation MS made it to our list of fastest masters in entrepreneurship for its quality 30-credit program. Its program can network students through its study abroad and virtual consulting project. A unique feature of Indiana University’s online programs is the ability to earn a dual-major in a speedy time. If a student wants to earn a Masters in Entrepreneurship and their MBA at the same time, it’ll be around 66 credits, as opposed to an average of 84 credits. This fast 30-credit masters in entrepreneurship program costs $1380.00 and can be taken 100% online. Each student will share in two rigorous in-residence courses, as well.
#5 University of Maryland
Online Master of Professional Studies in Technology Entrepreneurship
College Park, Maryland
There is a unique Master of Professional Studies (MPS) in Technology Entrepreneurship at the University of Maryland. It’s offered as a flexible online program. Not only is this program ranked #1 for its Masters of Entrepreneurship by BestColleges.com, but is recognized by U.S. News & World Report, Entrepreneur Magazine, and Princeton Review. This 15-month program features a 9-course curriculum including Creative Design, Prototyping, and Testing, Legal Aspects of Entrepreneurship, Launching Technology Startup Ventures, Business Modeling and Customer Validation, and more. This program is self-paced and uses top-notch software to ensure ease with the online format.
#4. Ball State University
MBA – Entrepreneurship Concentration
Ball State delivers its Master of Business Administration-Entrepreneurship through online, on-campus or a hybrid format. U.S. News and World Report ranked its Online MBA as #15 Best Online MBA in the nation. This accredited program is 30-51 credits, depending on if the student had a business degree prior to enrolling. Its entrepreneurship courses are Entrepreneurial Innovation and the Discovery of Opportunity, Entrepreneurial Planning and Feasibility, and Entrepreneurial Strategies. Students can begin in the summer, fall, or spring, adding to its flexibility. Two of the 8 core courses include Entrepreneurial Leadership, and Accounting and Decision Making.
#3. Oklahoma State University
MBA in Entrepreneurship
OSU’s MBA Concentration in Entrepreneurship ranks number 40 by U.S. News for many reasons. It’s a fast-paced, 33-credit program. The estimated cost is $17,127, which makes it one of the most affordable programs in the nation. Business Finance, Organizational Behavior & Leadership, Financial & Managerial Accounting, and Prescriptive Analytics are some of the courses in the program. A few of the entrepreneurship courses are Venture Capital, Ideation, Creativity & Innovation, and Launching a Business: The First 100 Days.
#2. University of North Carolina at Chapel Hill
Online MBA – Entrepreneurship Concentration
Chapel Hill, North Carolina
Sitting at #2 on Top 20 Fastest Masters in Entrepreneurship 2020 is UNC’s Online MBA With a Focus on Entrepreneurship. It also tops the charts as the #1 Best Online MBAs ranked by U.S. News & World Report in 2020, as well as #2 by the Princeton Review’s Best Online MBAs 2020. Most of the core courses are 4 credits. Some of these are Business Strategy, Finance, and Operations. Elective courses are 2 credits and include Data Analytics, New Ventures Discovery, Sale, and more. Students will be required to attend two in-person Summits, where they will immerse themselves with like-minded students and professors to talk about real-time business perspectives.
#1. Texas A&M University
Master of Science in Entrepreneurial Leadership
College Station, Texas
Texas A&M structures its MS Business in a unique way. Its 36 credits are separated into 5 blocks. During these blocks, the courses Market and Customer Insights and International Business Environment (which is a 7-10 day trip abroad) run concurrently. Entrepreneurial Finance, Ethical Decision Making and Conduct, Strategic Human Capital, and Business Communications and Professional Presence are just some of the courses in this program. Making it to the top of our list for its fast completion time of 11 months and its affordability, this MS Business is a quality choice when looking to complete a Masters in Entrepreneurship.
This concludes our ranking of the 20 Fastest Master’s in Entrepreneurship.