40 Online Degree Programs Available in Entrepreneurship

Why Pursue an Online Degree in Small Business and Entrepreneurship?

Do you have a mind for business? Are you entertained by the thought of developing a new product or managing an organization from the ground up? A career in small business and entrepreneurship may be just what you're looking for, as individuals working in this field have the opportunity to... spend their days developing plans and ensuring operations run smoothly.

An online degree in small business and entrepreneurship may help prepare you to pursue a career in this field, as courses encompass a variety of topics pertaining to the individual industry in which you wish to work. Owning, operating or conducting services for a small business may require an expansive knowledge and skill base, including an understanding of planning, finances, purchasing and personnel.

A glimpse into the realm of small business and entrepreneurship

According to the U.S. Small Business Administration, there are currently 23 million small businesses in the U.S., accounting for more than 54 percent of sales in the country.[i] There are millions of opportunities for individuals looking to break into this field, as there are small businesses in each industry.[ii] While specialized knowledge will vary based on which sector you choose to pursue, the core responsibilities among executives remain similar.

Your online degree program in small business and entrepreneurship may introduce you to basic subjects that have a heavy hand in business, such as ethics, marketing, management, accounting and development. Individuals in this academic path may tailor their degrees to whichever concept they enjoy most, developing a more individualized knowledge in that area. As people continue to develop their education in their desired industry and career path, they may have a better sense of the responsibilities they will hold in their chosen future occupation.

Possible salaries for careers in small business and entrepreneurship

Salaries in small business and entrepreneurship fluctuate based on both the type of career you want to pursue and the particular field in which you'd like to work. Consider the following possible careers and their salaries, compiled by the U.S. Bureau of Labor Statistics in 2012.

  • Top executives: 2012 Median annual salary of $101,650 (11 percent projected growth through 2022)[iii]

  • Advertising, promotions and marketing managers: 2012 Median annual salary of $115,750 (12 percent projected growth through 2022)[iv]

  • Public relations and fundraising managers: 2012 Median annual salary of $95,450 (13 percent projected growth through 2022)[v]

Additional skills required for a position in small business and entrepreneurship

Working in small business or entrepreneurship requires a strong desire to improve company operations in your desired field, whether you prefer an administrative role or one that involves more interaction with fellow employees. To break into the small business and entrepreneurship field, people must be willing to dedicate a significant portion of their day to improving the business.

Similarly, individuals in this realm must have strong communication skills, as they may be working with various departments, consumers, vendors and fellow companies in order to perfect operations in the business. These workers must also have an interest in rising trends that affect small business owners, as these tips can help shape future company decisions and improve operations as a whole. 

[i] sba.gov/offices/headquarter/ocpl/resources/13493
[ii] bls.gov/mlr/1994/10/art3full.pdf
[iii] bls.gov/ooh/management/top-executives.htm
[iv] bls.gov/ooh/management/advertising-promotions-and-marketing-managers.htm
[v] bls.gov/ooh/management/public-relations-managers.htm

Read More About Earning a Small Business Management Degree