Luckily, there are plenty of entrepreneur degree, whether you already have a business or one day plan to. The industry that an individual chooses, in addition to their own strengths and weaknesses, will often narrow down the ideal business degree. A student should think about all the business majors available to them and research programs at different schools prior to making a decision.
As a business attorney in San Diego since 2005, I’ve represented thousands of business owners. I often ask entrepreneurs what college degree they have. A entrepreneur degree in general business covers many business topics, offering classes on subjects such as accounting, operations management, finance, and marketing. While the degree does not focus on a specific discipline, it allows a student to experiment with several of them.
An individual will find that some general business degrees allow them to pick a specific field to focus on. These concentrations might include human resources, marketing, ethics, and business law. This allows a student to focus on a field that interests them, while not limiting their career options.
-
Finance
A finance degree can help a burgeoning entrepreneur learn about various money-related decisions that consumers and businesses make on a daily basis. This entrepreneur degree focuses on how to handle money wisely, offering courses in asset and debt management, financial analysis, and capital planning. After receiving a degree in finance, an entrepreneur will know how to manage cash flow, budget, and make smart financial choices.
A finance degree can teach an entrepreneur how to check on his or her business’ financial health so that they can reduce risk and increase profit.
-
Economics
A degree in economics offers insight into why people make the decisions they do, as well as how resources are spread out on a global scale. An economics major will study both microeconomics and macroeconomics. Microeconomics is the study of how people use their money, while macroeconomics studies unemployment, inflation, and other monetary problems around the globe. Along with these courses, an economics entrepreneur degree will study statistics, business communications, calculus, and technology.
An economic degree offers an entrepreneur the opportunity to develop critical thinking skills, which are essential to thinking clearly and making rational decisions.
-
Marketing
Marketing degrees have the benefit of teaching students how to analyze the business market so that they can advertise and sell their services and products effectively. This field involves many marketing-related subjects, including strategy, management, science, and marketing research.
Marketing entrepreneur degree allows an entrepreneur to estimate demand, identify potential markets, and attract customers. Also, these courses can explain how human behavior and habits influence how data can be utilized to create successful and influential marketing campaigns.
In the end, a strong marketing plan gets customers in line for one’s product or service. A marketing degree will teach an entrepreneur how to create a successful marketing plan for their future business.
-
Computer Science
A computer science degree offers an entrepreneur the skills he or she needs to develop, design, produce, and test computer systems. If an individual pursues a degree in computer science, then he or she will take courses in the following areas:
- Artificial intelligence
- Database systems
- Graphics and vision
- Software engineering
- Computing theory
After an entrepreneur graduates with a computer science degree, he or she will be equipped to do their own programming and web development. Because computer science is a growing area, a degree in this subject can be a good way to get involved in the industry. If an individual is comfortable with computers and technology, then it is an especially good entrepreneur degree.
If an entrepreneur wishes to run a tech startup, then a computer science degree is a great way to get started. A business owner with this degree will know how to build an app, device, or software that attracts customers.
-
Communications
A communications degree allows an entrepreneur to become an excellent communicator using online media, print, and spoken word. While there are a number of communication degrees to choose from, most offer specializations in mass media, journalism, and health communication.
A communications degree is an excellent entrepreneur degree for success in public relations, advertising, marketing, publishing, and human resources. The typical courses offered within this degree include mass communications, communication research, and web design. Communications majors often have careers in public relations, marketing, and sales.
A communications degree allows an entrepreneur to learn the skill necessary to convey one’s message to an audience. This is helpful when pitching a idea to investors, designing ads, and updating a business’ website.
-
Engineering
An engineering degree focuses on the research, design, and use of machines, structures, and engines. This entrepreneur degree offers an entrepreneur a strong background in science, math, and technology. An engineering degree offers specializations in aerospace engineering, biomedical engineering, mechanical engineering, and electrical engineering.
After completing a degree in engineering, an entrepreneur will be a better project manager and problem solver. Both of these qualities are essential for an individual to be successful in business. An individual will be able to think creatively and logically, regardless of the problem they are dealing with.
-
Entrepreneurship
This has become a popular degree in recent years, with more and more schools beginning to offer it. This entrepreneur degree is specifically meant for students who want to create and run their own companies. This degree includes subjects such as accounting, marketing, economics, ethics, and finance.
An entrepreneurship degree can help a new business owner identify and analyze opportunities, get funding, and manage all aspects of their business operation. Most programs include courses in marketing, consumer behavior, and advertising.
What Is the Argument for Going to College?
If a young person one day hopes to open and operate their own business, there are plenty of business degrees that can help them turn their dreams into reality. These degrees are offered at colleges and universities across the globe, and they can be incredibly valuable to the young entrepreneur as they pursue their passion for business. They can help an individual figure out their specific interests and develop the business skills they need to succeed in their chosen field, such as being a corporate attorney in California who runs a law firm business.
The truth is that getting a entrepreneur degree is not a requirement for entrepreneurs to be successful. Look at Mark Zuckerberg and Richard Branson, both of whom created business empires without a college degree. That said, it is still recommended to earn a business degree due to the competitive nature of today’s market. A degree can provide a young entrepreneur with the skills they need to succeed in this dog-eat-dog environment.
Let’s consider an example. What if there are two entrepreneurs with similar business ideas, but one of them has a business degree? Which of these individuals is more likely to succeed? The one who has gathered a strong set of business skills.
It is likely that the college graduate has been well educated in various areas of business, including finance, accounting, and marketing. They have skills and knowledge that an entrepreneur without a business degree does not necessarily possess.
Another benefit of going to college as a want-to-be entrepreneur is the access to networking opportunities and resources. Many colleges partner with companies to offer their students internships, lectures, networking events, and other perks. These opportunities offer an individual the chance to make valuable connections. Some institutions work with accelerator programs that provide support and funding to entrepreneurs.
Also, an entrepreneur degree can help an individual develop their ability to work together with people from different backgrounds. This is a valuable skill, because most entrepreneurs will need to know how to manage employees with varying personalities.
Conclusion
If an individual chooses to pursue a business degree, they should understand that it does not mean automatic success. However, it does provide an individual with the skills, knowledge, and connections they need to succeed in the business world. A degree paired with work experience can give an entrepreneur the confidence they need to create their dream business.
