$46,509
Average Tuition – Entrepreneurship MBA Programs
$83,105
Average Salary – Entrepreneurship MBA Graduates
569
Average GMAT Requirements – Entrepreneurship MBA Programs
144%
Average ROI – Entrepreneurship MBA Programs
Executive Summary for Entrepreneurship MBA Programs
- Comprehensive comparisons, data and analysis about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for Entrepreneurship MBA programs
- Detailed profiles of Entrepreneurship MBA programs their strengths, faculty expertise, alumni networks to help align your program choice with your career ambitions.
- Insights into top industries, companies, roles and salaries for graduates of MBA Entrepreneurship programs
Top 10 Entrepreneurship MBA Programs – ROI, Salary, Tuition
#1
Northwestern University
- Kellogg Global Hub, Evanston, IL - 60208-2001
- Institution Control: Private for-profit
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, Dual-MBA, E-MBA, Masters in Business
- Offered as: Campus, Full-Time
Business School Details
- Student / Faculty Ratio: 6:1
- Tuition and Fees: $162,030
- Total Enrollment: 2,329
- Concentrations: Accounting, Communications, Data Analytics, E-Commerce +19 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 729
- Graduate Salary: $175,000
- AACSB Accredited: Business
- Graduate ROI: 54%
#2
Stanford University
- Knight Management Center, Stanford, CA - 94305-7298
- Institution Control: Private
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, Masters in Business, Masters Specialist
- Offered as: Campus, Full-Time
Business School Details
- Student / Faculty Ratio: 5:1
- Tuition and Fees: $165,591
- Total Enrollment: 1,064
- Concentrations: Accounting, Consulting, Data Analytics, Economics +16 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 737
- Graduate Salary: $182,272
- AACSB Accredited: Business
- Graduate ROI: 55%
#3
Massachusetts Institute of Technology
- 50 Memorial Drive, E52-473, Cambridge, MA - 02142-1347
- Institution Control: Private for-profit
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus
Business School Details
- Student / Faculty Ratio: 3:1
- Tuition and Fees: $164,000
- Total Enrollment: 1,664
- Concentrations: Accounting, Economics, Education, Entrepreneurship +12 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 724
- Graduate Salary: $159,391
- AACSB Accredited: Business
- Graduate ROI: 49%
#4
Columbia University
- 101 Uris Hall, New York, NY - 10027
- Institution Control: Private
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, E-MBA, Masters in Business, Masters Specialist
- Offered as: Campus, Full-Time
Business School Details
- Student / Faculty Ratio: 6:1
- Tuition and Fees: $180,258
- Total Enrollment: 4,036
- Concentrations: Accounting, Consulting, Data Analytics, Economics +14 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 732
- Graduate Salary: $162,099
- AACSB Accredited: Business
- Graduate ROI: 45%
#5
Duke University
- Box 90120, Durham, NC - 27708-0120
- Institution Control: Private
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, E-MBA, Masters in Business, Masters Specialist
- Offered as: 1-Year, Campus, Evenings, Full-Time, Online, Weekends
Business School Details
- Student / Faculty Ratio: 9:1
- Tuition and Fees: $157,546
- Total Enrollment: 2,084
- Concentrations: Accounting, Consulting, Data Analytics, Economics +20 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 718
- Graduate Salary: $152,297
- AACSB Accredited: Business
- Graduate ROI: 48%
#6
New York University
Leonard N. Stern School of Business
- Henry Kaufman Management Center, 11-160, New York, NY - 10012-1126
- Institution Control: Private
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, E-MBA, Graduate Level Certificate, Integrated Undergraduate Masters, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Full-Time
Business School Details
- Student / Faculty Ratio: 14:1
- Tuition and Fees: $160,130
- Total Enrollment: 6,125
- Concentrations: Accounting, Business Analytics, Economics, Entrepreneurship +15 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 733
- Graduate Salary: $161,475
- AACSB Accredited: Business
- Graduate ROI: 50%
#7
The University of Michigan
Stephen M. Ross School of Business
- 701 Tappan Street, Ann Arbor, MI - 48109-1234
- Institution Control: Public
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, E-MBA, Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate
- Offered as: 1-Year, Campus, Evenings, Full-Time, Online, Part-Time, Partnership, Weekends
Business School Details
- Student / Faculty Ratio: 14:1
- Tuition and Fees: $137,056
- Total Enrollment: 4,293
- Concentrations: Accounting, E-Commerce, Economics, Education +20 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 720
- Graduate Salary: $153,465
- AACSB Accredited: Business
- Graduate ROI: 56%
#8
University of Southern California
- 3670 Trousdale Parkway, Bridge Hall 100, Los Angeles, CA - 90089-0804
- Institution Control: Private
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, E-MBA, Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate
- Offered as: 1-Year, Campus, Distance Education, Evenings, Full-Time, Online, Part-Time, Partnership, Weekends
Business School Details
- Student / Faculty Ratio: 14:1
- Tuition and Fees: $154,339
- Total Enrollment: 6,911
- Concentrations: Accounting, Data Analytics, Economics, Entrepreneurship +15 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 732
- Graduate Salary: $150,314
- AACSB Accredited: Business and Accounting
- Graduate ROI: 49%
#9
The University of North Carolina at Chapel Hill
- CB 3490, McColl Building, Chapel Hill, NC - 27599-3490
- Institution Control: Public
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, E-MBA, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Distance Education, Evenings, Full-Time, Online, Partnership, Weekends
Business School Details
- Student / Faculty Ratio: 10:1
- Tuition and Fees: $102,314
- Total Enrollment: 2,820
- Concentrations: Accounting, Data Analytics, Economics, Entrepreneurship +13 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 706
- Graduate Salary: $133,517
- AACSB Accredited: Business and Accounting
- Graduate ROI: 65%
#10
Harvard University
- Dillon House, Boston, MA - 02163
- Institution Control: Private for-profit
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, Masters in Business
- Offered as: Campus
Business School Details
- Student / Faculty Ratio: 7:1
- Tuition and Fees: $149,820
- Total Enrollment: 1,945
- Concentrations: Accounting, Consulting, Data Analytics, E-Commerce +22 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 730
- Graduate Salary: $175,000
- AACSB Accredited: Business
- Graduate ROI: 58%
50 Best MBA Programs in Entrepreneurship Table – ROI, Salary, Tuition
Sort the table by Rank, School Name, ROI, Tuition, Average Starting Salary, and State. Compare programs and find extensive school program detail by clicking on the school name.
Rank | University | ROI | In State Tuition | Avg. Starting Salary | State | Online |
---|---|---|---|---|---|---|
1 | Northwestern University | 54.00% | $162,030 | $175,000 | IL | No |
2 | Stanford University | 55.04% | $165,591 | $182,272 | CA | No |
3 | Massachusetts Institute of Technology | 48.59% | $164,000 | $159,391 | MA | No |
4 | Columbia University | 44.96% | $180,258 | $162,099 | NY | No |
5 | Duke University | 48.33% | $157,546 | $152,297 | NC | Yes |
6 | New York University | 50.42% | $160,130 | $161,475 | NY | No |
7 | The University of Michigan | 55.99% | $137,056 | $153,465 | MI | Yes |
8 | University of Southern California | 48.70% | $154,339 | $150,314 | CA | Yes |
9 | The University of North Carolina at Chapel Hill | 65.25% | $102,314 | $133,517 | NC | Yes |
10 | Harvard University | 58.40% | $149,820 | $175,000 | MA | No |
11 | University of Pennsylvania | 46.26% | $179,852 | $166,391 | PA | No |
12 | Indiana University Bloomington/Indianapolis | 112.02% | $60,858 | $136,352 | IN | Yes |
13 | University of Massachusetts Boston | 318.68% | $19,499 | $124,277 | MA | Yes |
14 | Brigham Young University | 101.87% | $58,544 | $119,281 | UT | No |
15 | University of Notre Dame | 53.85% | $123,500 | $133,018 | IN | No |
16 | Georgetown University | 55.50% | $124,814 | $138,552 | DC | Yes |
17 | Dartmouth College | 48.31% | $165,442 | $159,842 | NH | No |
18 | Southern Methodist University | 60.97% | $100,541 | $122,609 | TX | Yes |
19 | Rice University | 51.13% | $139,081 | $142,212 | TX | Yes |
20 | University of California, Berkeley | 54.73% | $139,628 | $152,831 | CA | No |
21 | The University of Texas at Dallas | 171.45% | $35,918 | $123,163 | TX | Yes |
22 | Yale University | 49.74% | $153,540 | $152,744 | CT | No |
23 | Emory University | 49.36% | $151,689 | $149,759 | GA | Yes |
24 | University of California, Los Angeles | 51.61% | $142,142 | $146,727 | CA | No |
25 | Vanderbilt University | 53.32% | $131,000 | $139,711 | TN | No |
26 | Cornell University | 35.29% | $219,688 | $155,048 | NY | No |
27 | Washington University in St. Louis | 43.91% | $134,020 | $117,687 | MO | Yes |
28 | Georgia Institute of Technology | 107.89% | $63,404 | $136,819 | GA | No |
29 | University of Minnesota | 68.17% | $89,402 | $121,882 | MN | Yes |
30 | The George Washington University | 51.26% | $113,090 | $115,951 | DC | Yes |
31 | University of Rochester | 61.40% | $108,038 | $132,671 | NY | No |
32 | University of Virginia-Darden | 51.95% | $151,200 | $157,090 | VA | Yes |
33 | University of South Carolina | 182.06% | $26,485 | $96,435 | SC | Yes |
34 | University of California, Davis Business School | 61.53% | $88,634 | $109,075 | CA | Yes |
35 | Carnegie Mellon University | 50.21% | $147,456 | $148,067 | PA | Yes |
36 | Boston University | 48.65% | $124,248 | $120,884 | MA | Yes |
37 | Texas A&M University | 93.21% | $62,000 | $115,585 | TX | Yes |
38 | University of California, San Diego | 48.93% | $106,246 | $103,969 | CA | No |
39 | Northeastern University | 48.77% | $102,582 | $100,063 | MA | Yes |
40 | University of Utah | 88.54% | $65,700 | $116,348 | UT | Yes |
41 | Fordham University | 64.08% | $99,497 | $127,511 | NY | Yes |
42 | The Pennsylvania State University | 93.48% | $61,236 | $114,483 | PA | Yes |
43 | Case Western Reserve University | 52.08% | $92,040 | $95,875 | OH | Yes |
44 | Indiana State University | 263.16% | $19,000 | $100,000 | IN | Yes |
45 | Lehigh University | 69.45% | $68,900 | $95,699 | PA | Yes |
46 | American University | 53.76% | $98,282 | $105,666 | DC | Yes |
47 | New Jersey Institute of Technology | 74.73% | $66,576 | $99,501 | NJ | Yes |
48 | University of California, Irvine | 63.13% | $97,342 | $122,899 | CA | Yes |
49 | Brandeis University | 45.33% | $120,223 | $109,000 | MA | No |
50 | University of Florida | 221.35% | $26,473 | $117,197 | FL | Yes |
Read about our ranking methodology.
What is an Entrepreneurship MBA?
Whether it’s networking, team building, leadership, or decision making, the MBA in Entrepreneurship equips students with the skills needed to launch a successful startup. There’s a preconceived notion that an MBA in Entrepreneurship is only for those interested in running their own business. The Entrepreneurship specialty is more than just a program of study for business founders. The MBA course work provides students a solid foundation in supply chain management, sales management, customer relations, marketing, and finance.
The most successful entrepreneurs have a comprehensive understanding strategy, finance, marketing, and analytics. They are able to make business decisions based on both quantitative information and qualitative data. More specifically, an MBA in entrepreneurship will also help assess the viability of a business venture. From building a concrete business plan to adapting to an ever-changing business climate, an entrepreneur must always have a pulse on the latest trends in his or her respective field. You’ll be looking at things like managing growth, how to secure financing, social impact, market research and monetizing innovation.
The MBA in Entrepreneurship allows students to explore real-world strategy and methodology to running a successful consultancy business. Using Fortune 500 companies as models for success, Entrepreneurship students have the unique advantage of seeing how startups transform themselves into highly-successful public companies while still maintaining their core principles.
Compare Online Entrepreneurship MBA Program Averages to Campus Averages
When comparing online and campus-based Entrepreneurship MBA programs, prospective b-students should consider many factors. Online programs offer lower average tuition costs ($46,509 vs : $46,508.74) and better average graduate ROI (144% vs 144%), while campus programs have slightly higher average graduate salaries ($83,105 vs $83,105). Both program types have comparable GMAT scores, full-time faculty numbers, and student-faculty ratios, indicating similar academic rigor and support.
Averages | Online Entrepreneurship MBA Programs | Campus Entrepreneurship MBA Programs |
---|---|---|
Average MBA Tuition | $41,087 | : $46,508.74 |
Average Graduate Salary | $81,191 | $83,105 |
Average Graduate ROI | 152% | 144% |
Average GMAT Scores | 563 | 569 |
Average Full-Time MBA Faculty | 74 | 71 |
Average MBA Student Faculty Ratio | : 17:1 | 16:1 |
Key Highlights for Entrepreneurship MBA Programs
What is the Average Graduate MBA Salary for MBA Entrepreneurship Programs?
The average graduate salary range for MBA in Entrepreneurship graduates is quite wide. At the lower end, Elizabeth City State University MBA reports an average starting salary of just $35,850 for its MBA in Entrepreneurship graduates. On the other hand, Stanford University boasts the highest average starting salary at an impressive $182,272.
The average starting pay across all finance MBA programs hovering around $83,105.
This substantial difference in starting salaries is due to a number of factors including reputation and ranking of the business school, the strength of its alumni network, the cost of living in the state and region, and the industries and locations where graduates find employment. Prospective b-students can research career outcomes and salary data of their target MBA programs to get a clearer picture the earning potential post-graduation.
While a high average starting salary is undoubtedly attractive, the savvy b-student will consider other factors like tuition costs, financial aid, and the overall return on investment when choosing an MBA in Entrepreneurship program.
Average Graduate Salaries for Entrepreneurship MBA Programs
- Average: $83,105 from 867 Entrepreneurship MBA Programs
- Lowest: $35,850 from Elizabeth City State University MBA
- Highest: $182,272 from Stanford University
10 Highest Average Graduate Salaries for Entrepreneurship MBAs
- Stanford University - $182,272.00
- Harvard University - $175,000.00
- Northwestern University - $175,000.00
- University of Pennsylvania - $166,391.00
- Columbia University - $162,099.00
- New York University - $161,475.00
- Dartmouth College - $159,842.00
- Massachusetts Institute of Technology - $159,391.00
- University of Virginia-Darden - $157,090.00
- Cornell University - $155,048.00
10 Lowest Average Graduate Salaries for Entrepreneurship MBAs
- Elizabeth City State University MBA - $35,850.00
- Montreat College - $37,000.00
- Grambling State University - $39,900.00
- Eastern Kentucky University - $42,450.00
- University of Maryland Eastern Shore - $42,900.00
- South Carolina State University - $43,200.00
- Western Carolina University - $44,100.00
- Arkansas Tech University - $44,250.00
- University of Arkansas at Fort Smith - $44,550.00
- Louisiana State University Shreveport - $45,300.00
Graduate Salary by State for Entrepreneurship MBA Programs
- District of Columbia - $121,848
- New Hampshire - $113,255
- Massachusetts - $100,630
- Arizona - $97,127
- Wyoming - $93,010
- Illinois - $92,682
- Washington - $91,447
- California - $90,698
- Michigan - $89,920
- Pennsylvania - $89,328
- Utah - $89,172
- Nevada - $88,249
- Maine - $87,535
- Minnesota - $86,736
- Virginia - $86,642
- Tennessee - $84,991
- New Jersey - $84,703
- Texas - $83,926
- Colorado - $83,807
- Indiana - $83,648
- Iowa - $83,468
- Connecticut - $83,241
- New York - $81,215
- Maryland - $80,131
- Nebraska - $79,913
- Georgia - $79,652
- Alaska - $79,087
- Ohio - $77,307
- Wisconsin - $76,959
- Oregon - $76,503
- Rhode Island - $75,889
- Oklahoma - $75,600
- Hawaii - $74,209
- Florida - $73,349
- Idaho - $72,446
- North Carolina - $71,631
- Missouri - $71,608
- Montana - $69,487
- Alabama - $67,949
- South Carolina - $67,447
- New Mexico - $67,250
- West Virginia - $66,028
- Vermont - $66,000
- Kentucky - $65,025
- Kansas - $64,772
- Mississippi - $64,196
- Arkansas - $62,951
- Delaware - $62,333
- Louisiana - $55,392
- North Dakota - $50,600
- South Dakota - $50,102
What is the Average Tuition for Entrepreneurship MBA Programs?
Investing in your future with a finance MBA can be a very smart decision. On average, you can expect to pay $46,508.74 for a finance MBA program. However, tuition rates can vary significantly, with the most expensive programs costing up to $219,688.00 and the most affordable options starting at $7,048.00.
When comparing in-state and out-of-state tuition for MBA programs in Entrepreneurship, you’ll find that in-state students pay an average of $46,509, while out-of-state students face an average tuition of $56,785. With such a wide range of tuition costs, spanning from $7,048.00 to $219,688, it’s essential to carefully consider your options. Factors that impact tuition rates include your enrollment status, the program type, and whether you attend a private college or public institution. Choosing a highly respected program could provide better value for your money than opting for an out-of-state school.
The ROI of an online MBA program is often more favorable than traditional programs, as students can continue working while studying. According to a 2017 US News survey, the average salary for students three months after graduating from an online MBA program was $96,974, a 22% increase from the average entering salary. The highest average salary increases for online programs hover around 60%. With the right program choice and financial planning, an online finance MBA can be a worthwhile investment in your future, leading to increased earning potential and career advancement opportunities.
Average Tuition for Entrepreneurship MBA Programs
- Average: $46,509 from 465 Entrepreneurship MBA Programs
- Lowest Entrepreneurship MBA: $7,048 from The University of Rhode Island
- Highest Entrepreneurship: $219,688 from Cornell University
10 Most Affordable Entrepreneurship MBAs
- The University of Rhode Island - $7,048.00
- California State University, Bakersfield - $7,176.00
- Indiana University South Bend - $7,458.00
- University of Central Oklahoma - $9,068.00
- Savannah State University - $9,180.00
- Cal Poly Humboldt - $9,294.00
- Tennessee State University - $9,452.00
- Georgia Southern University - $9,824.00
- University of Idaho - $9,912.00
- New Mexico State University - $10,314.00
10 Most Expensive Entrepreneurship MBAs
- Cornell University - $219,688.00
- Columbia University - $180,258.00
- University of Pennsylvania - $179,852.00
- Stanford University - $165,591.00
- Dartmouth College - $165,442.00
- Massachusetts Institute of Technology - $164,000.00
- Northwestern University - $162,030.00
- New York University - $160,130.00
- Duke University - $157,546.00
- University of Southern California - $154,339.00
Average Tuition Costs by State for MBA Programs
- New Hampshire - $103,312
- District of Columbia - $83,309
- Massachusetts - $74,395
- Oregon - $61,583
- New York - $61,321
- California - $59,093
- Pennsylvania - $54,581
- Connecticut - $51,233
- New Jersey - $51,100
- Maryland - $50,582
- Illinois - $48,710
- Washington - $48,319
- Ohio - $47,833
- Virginia - $45,876
- Michigan - $45,734
- Minnesota - $44,597
- Tennessee - $44,060
- Arizona - $40,003
- Colorado - $38,995
- Texas - $37,995
- North Carolina - $37,844
- Florida - $37,711
- Utah - $36,682
- Wisconsin - $33,557
- Louisiana - $33,470
- Indiana - $32,023
- Missouri - $31,909
- Vermont - $31,878
- Georgia - $31,430
- Rhode Island - $29,922
- Delaware - $27,790
- Oklahoma - $27,566
- Wyoming - $26,460
- Iowa - $25,779
- Kentucky - $25,407
- South Carolina - $25,244
- Montana - $24,913
- West Virginia - $21,722
- Alaska - $21,467
- Nebraska - $21,340
- Hawaii - $21,288
- Mississippi - $21,282
- North Dakota - $21,022
- Alabama - $21,005
- Nevada - $20,392
- Maine - $19,935
- Kansas - $19,893
- New Mexico - $18,520
- Arkansas - $17,073
- Idaho - $15,079
- South Dakota - $14,503
What is the ROI for Entrepreneurship MBA Programs?
The average ROI full-time for MBA programs in Entrepreneurship is 144% with a highest of 567% and the lowest of 30%.
Return on investment (ROI) is an essential factor when considering which MBA program(s) to apply to. To calculate ROI, consider both the tuition for the MBA program and the average salary a graduate earns. The average tuition cost for an MBA degree in Entrepreneurship is approximately $46,508.74, while the average starting salary for MBA graduates is around $83,104.65. To calculate ROI, you need to subtract the tuition from the salary and divide by the tuition cost. This will give you a rough estimate of how much value you will get out of the MBA Entrepreneurship.
The average ROI for all MBA programs in the United States is 146%. The average ROI for Entrepreneurship programs is 144%.
ROI for Entrepreneurship MBA Programs
- Average: 144% from 867 Entrepreneurship MBA Programs
- Lowest: 30% from Rochester Institute of Technology
- Highest: 567% from Tennessee State University
10 Entrepreneurship MBA Programs with the Best ROI
- Tennessee State University - 566.59%
- California State University, Bakersfield - 547.66%
- The University of Rhode Island - 524.26%
- Cal Poly Humboldt - 494.40%
- California State University, Chico - 421.77%
- Savannah State University - 413.81%
- Indiana University South Bend - 404.26%
- University of Idaho - 386.65%
- North Carolina A&T State University - 385.02%
- Mississippi State University - 372.54%
10 Entrepreneurship MBA Programs with the Lowest ROI
- Rochester Institute of Technology - 29.90%
- The University of Tampa - 30.70%
- Miami University - 34.00%
- Cornell University - 35.29%
- St. John's University - 37.63%
- Chapman University - 39.06%
- Ohio Northern University - 39.25%
- Claremont Graduate University - 41.85%
- Washington and Lee University - 42.70%
- Pepperdine University - 42.78%
Average ROI by State for MBA Programs
- Idaho - 270%
- New Mexico - 235%
- Indiana - 224%
- Maine - 220%
- Nevada - 216%
- North Dakota - 208%
- Rhode Island - 208%
- Nebraska - 207%
- Kansas - 203%
- Georgia - 201%
- Arkansas - 201%
- Montana - 196%
- Hawaii - 189%
- Alaska - 187%
- Mississippi - 185%
- Kentucky - 179%
- Oklahoma - 178%
- Wyoming - 176%
- Utah - 174%
- Alabama - 174%
- South Dakota - 173%
- Texas - 171%
- Tennessee - 170%
- Arizona - 170%
- Iowa - 168%
- Missouri - 159%
- California - 152%
- South Carolina - 152%
- Wisconsin - 148%
- North Carolina - 147%
- Illinois - 142%
- Minnesota - 140%
- West Virginia - 137%
- Florida - 135%
- Maryland - 132%
- Ohio - 131%
- Washington - 131%
- Louisiana - 127%
- Virginia - 126%
- Connecticut - 125%
- Colorado - 125%
- Delaware - 125%
- Michigan - 122%
- Pennsylvania - 104%
- Vermont - 104%
- Massachusetts - 102%
- New York - 97%
- New Jersey - 88%
- New Hampshire - 65%
- Oregon - 64%
- District of Columbia - 62%
What is the Average GMAT Score Needed for Entrepreneurship MBA Programs?
The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.
The average GMAT scores full-time MBA programs in Entrepreneurship is 569 with a highest of 737 and the lowest of 265
More than 233 AACSB accredited MBA programs do not require their applicants to take GMAT exam. Many well-known programs such as the University of Michigan and the University of California, Los Angeles no longer require the exam. If you are unsure where you would like to take your program, then you should take the GMAT sooner rather than later so you don’t lose time meeting the score requirement of a program.
The average GMAT score needed for a Entrepreneurship MBA program from an institution is between 265 from University of Wisconsin-River Falls to 737 from Stanford University. The average GMAT scores for Entrepreneurship MBA programs is 569.
Average GMAT Score for Entrepreneurship MBA Programs
- Average: 569 from 867 Entrepreneurship MBA Programs
- Lowest: 265 from University of Wisconsin-River Falls
- Highest : 737 from Stanford University
10 Highest GMAT Scores for Entrepreneurship MBA Programs
- Stanford University - 737
- New York University - 733
- University of Pennsylvania - 733
- Columbia University - 732
- University of Southern California - 732
- Harvard University - 730
- Northwestern University - 729
- University of California, Berkeley - 729
- Dartmouth College - 726
- Massachusetts Institute of Technology - 724
10 Lowest GMAT Scores for Entrepreneurship MBA Programs
- University of Wisconsin-River Falls - 265
- Clark Atlanta University - 318
- Auburn University at Montgomery - 370
- Southeastern Louisiana University - 375
- Metropolitan State University of Denver - 390
- University of New Haven - 399
- California Lutheran University - 400
- Northcentral University - 400
- Stephen F. Austin State University - 420
- Iona University - 420
Average GMAT Scores by State for MBA Programs
- New Hampshire - 643
- Vermont - 640
- District of Columbia - 639
- Massachusetts - 623
- Oregon - 608
- Indiana - 602
- Oklahoma - 597
- Maryland - 586
- Ohio - 582
- Mississippi - 581
- Idaho - 579
- New York - 579
- Minnesota - 577
- Pennsylvania - 571
- Illinois - 571
- New Mexico - 569
- Missouri - 566
- Montana - 565
- Iowa - 565
- Tennessee - 564
- Texas - 564
- Maine - 562
- Washington - 561
- Nevada - 557
- South Carolina - 556
- California - 555
- Connecticut - 555
- Virginia - 554
- Arkansas - 553
- Georgia - 551
- New Jersey - 551
- Michigan - 550
- Wisconsin - 550
- North Dakota - 550
- Arizona - 549
- Nebraska - 549
- Utah - 547
- Colorado - 544
- South Dakota - 544
- Kentucky - 541
- Kansas - 536
- Rhode Island - 536
- Delaware - 534
- North Carolina - 533
- Florida - 532
- Louisiana - 528
- Alaska - 524
- Hawaii - 520
- Alabama - 515
- West Virginia - 507
- Wyoming - 460
Student / Faculty Ratio for Entrepreneurship MBA Programs
Faculty to student ratio is an important factor in the quality of education you will receive. The lower the ratio, the more individualized attention you will receive. The more individualized attention you receive, the greater the odds you will understand the material better.
Student / Faculty Ratio for Entrepreneurship MBA programs offering a Entrepreneurship concentration varies between 2:1 and 63:1 with an average of 16:1 students.
The ratios provided are based off all MBA programs regardless of concentration. To discover what the ratio is for the program you are interested in, research the faculty pages of the school and average size of the programs. Faculty could be part or full time. Many also work in the concentration and can provide the students with real-world examples.
10 Entrepreneurship MBA Programs with the Lowest Student Faculty Ratio
- Seattle Pacific University - 2:1
- Massachusetts Institute of Technology - 3:1
- University of Richmond - 3:1
- Trinity University - 4:1
- Naval Postgraduate School - 4:1
- Dartmouth College - 4:1
- Worcester Polytechnic Institute - 4:1
- Woodbury University - 5:1
- U.S. Coast Guard Academy - 5:1
- Stanford University - 5:1
10 Entrepreneurship MBA Programs with the Highest Student Faculty Ratio
- Louisiana State University Shreveport - 63:1
- The University of Mississippi - 35:1
- Arizona State University - 34:1
- Lamar University - 33:1
- University of Florida - 32:1
- The University of Arizona - 32:1
- San Jose State University - 31:1
- California State University, Northridge - 30:1
- California State University, Sacramento - 30:1
- University of Missouri - 30:1
Which MBA Schools Have the Highest Student Enrollment?
When reviewing how the student population is spread across program formats, you will find the highest concentration of students are, then part time, then full time. The concentration is spread based on flexibility. The higher the flexibility (aka the least amount of scheduled class time), the higher the number of students.
The average Student Enrollment for full-time MBA programs in Entrepreneurship is 334 with a highest of 3,933 and the lowest of 3
There are pros and cons to small cohorts versus large cohorts. Small cohorts can become very cohesive and encourage each other to make it through the program. However, if the personality dynamic is off, it is hard to find new group members in a smaller pool of students.
The large cohorts cultivate a variety of approaches to solve the same problem, help others to think outside of the box and foster creativity. However, you could feel like just a number and desire more individual attention. When researching schools, try to reach out to current students and ask about the culture to help you decide which type of culture best suits you.
10 Entrepreneurship MBA Programs with the Highest Student Enrollment
- The University of Texas at Dallas - 3,933
- University of Southern California - 2,122
- The University of North Carolina at Chapel Hill - 2,031
- Duke University - 2,012
- Washington University in St. Louis - 1,996
- Boston University - 1,615
- University of North Texas - 1,595
- Cornell University - 1,290
- Baruch College-The City University of New York - 1,283
- The University of Michigan - 1,280
10 Entrepreneurship MBA Programs with the Lowest Student Enrollment
- The University of Akron - 3
- University of Nebraska at Kearney - 4
- Ohio Northern University - 4
- Northwestern State University of Louisiana - 6
- University of Illinois at Springfield - 7
- Oklahoma City University - 8
- State University of New York at Geneseo - 12
- State University of New York College at Plattsburgh - 13
- University of Wisconsin Oshkosh - 13
- Christopher Newport University - 14
The Importance of MBA Accreditation
The importance of accreditation can’t be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.
AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.
What is the Career Outlook for an MBA in Entrepreneurship?
Employment of top executives is projected to grow 6% from 2014 to 2024, about as fast as the average for all occupations. An MBA in Entrepreneurship is designed for aspiring entrepreneurs, existing business owners and C-Level executives interested in successfully managing teams. Whether your interest lies in managing a successful e-commerce company, starting your own financial advising practice, or simply learning the best way to manage inside sales team, the MBA in Entrepreneurship is an invaluable course of study.
Considered to be one of the most practical degrees, the MBA in Entrepreneurship has no boundaries. You will be given the recipe for strategically starting and successfully managed all aspects of a business. You’ll develop projects that serve your business needs while simultaneously becoming a stronger, more capable leader. In addition, you will have a comprehensive understanding of how to use corporate social responsibility as a business strategy.
Employment growth will vary by industry and is largely dependent on the sector. Top executives are expected to face very strong competition for jobs. With that being said, the IT, Healthcare, and the Financial sector should have ample opportunity for executives in major cities throughout the U.S.
What Can I Do with an MBA in Entrepreneurship?
As an entrepreneur, you will hold the title of Founder, CEO, CFO, COO, Managing Director, Group Leader, etc. Whether you want to be a solopreneur, independent contractor, head of sales, or community organizer, the MBA in Entrepreneurship gives you the versatility to manage all of the business functions that make up an organization. Simply stated, you can do anything with an MBA in Entrepreneurship.
Like most successful business people, the majority of their leadership stems from learning about their customers. Executives have a pulse on their clients and tailor their products and services to their most important stakeholders. Other business functions like Human Resources, Organizational Behavior, Operations, or Finance can be managed by hiring a specialist in each respective field. But understanding the competition, the buyer persona, and how to motivate a workforce will be of more value to an entrepreneur than balancing a spreadsheet.
Entry Level
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Learn Job Skills Across Many Disciplines
As an entrepreneur, you are responsible for business development and customer retention. You have to find the balance between keeping your current customers/clients happy and at the same time, attract new ones. This is an ever-changing process. The MBA in Entrepreneurship sharpens your skills in every major business function while giving you the strategy behind growing a business. Whether it’s competitive analysis, customer discovery, investor pitching, or business planning and launching, the Entrepreneurship MBA gives you 21st-century leadership skills. This makes for an excellent consultant who is up-to-date with industry trends – one who is capable of seeing the strengths and weakness of an organization. Here is a list of the positions one can hold with an MBA in Entrepreneurship:
- Director of Innovation This person manages the development, implementation, and execution of the company’s innovation strategy in a manner that supports profitable growth and enhances brand equity and culture. Supports the professional development of the team through coaching, mentoring, and leadership development.
- Business Development Director builds market position by locating, developing, defining, negotiating, and closing business relationships.
- Community/Outreach Manager is the face of a company, managing communications in all directions.
- Creative Directors are the creative leads at advertising and marketing companies, working with designers, artists, copywriters, sales teams and marketers to create a vision for products sold.
Globalization has opened the door to entrepreneurs looking to embrace the opportunities different cultures have to offer. The customer is no longer isolated to one’s own country. The existence of the multinational organizations, e-commerce startups, and thriving international tech companies has created a new type of global business leader. This influx has led to expanded opportunities for professionals in a variety of entrepreneurship-related roles, including:
- Founder — The founder (and co-founders) of international startup companies are responsible for bringing an idea to life and taking on all aspects of a company until it’s large enough to hire employees from around the world. Founders are involved with all aspects of a company’s growth, such as product prototyping, manufacturing, marketing, raising capital, operations, and technology.
- Funder — Also known as venture capitalists (VCs), these individuals help start, grow or mature small firms and startups. VCs work with the investment team to look for companies that have potential to grow; analyze the company’s accomplishments, goals and business models; and advise them in developing their business.
- Corporate Innovator — Executives in this pathway work for medium to large corporations and can be responsible for generating innovative new ways to do business with a company. Corporate innovators identify new markets to enter, spread best practices to promote efficiency and shepherd innovative ideas through the product life cycle.
- Early Executive — Early senior managers at startup companies often benefit from approaching their roles with an entrepreneurial mindset. These professionals help young companies operate more efficiently and can develop a better understanding of how to start their own future businesses.
What are the Key Skills Needed for a Successful MBA Career?
Sector | Description |
---|---|
Communication skills. | Top executives must be able to communicate clearly and persuasively. They know how to break down even the most complex industry terminology into laymen’s terms for the sake of clear messaging. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization. They must master elevator pitches and habitually uphold the principles of the organization. |
Decision making skills. | Top executives need sound decision-making skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily. Once again, top executives must always keep the company’s mission statement in mind as their guiding principle when making tough decisions. |
Leadership skills. | Top executives must be able to lead an organization successfully by coordinating policies, people, and resources. They must be honest and lead-by-example. |
Management skills. | Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets. They must motivate, lead, and train subordinates while eliminating the pitfalls associated with micromanaging employees. |
Problem-solving skills. | Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions. They must strike the balance between protecting the company’s bottom line without compromising customer satisfaction. |
Time-management skills. | Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals. Top executives wear multiple hats and are masters at multi-tasking. |
What is the Difference Between an MBA and a Master in Entrepreneurship?
The Master of Business Administration degree in Entrepreneurship is the typical and traditional route to graduate-level business education. The MBA is viewed as a practical, yet professional degree rather than a research degree. The core coursework gives you a solid foundation in Accounting, Finance, Marketing, Operations, Sales, Management, Statistics, and IT. Even with a specialization, is most commonly a generalist degree, helping students to gain an understanding of the whole of the business environment rather than deep knowledge of any one specialty. Holders of the MBA in Entrepreneurship will build their skills in business development, organizational leadership, e-commerce, financing, and management on top of the foundation courses.
A Master of Science in Entrepreneurship is actually a specialized science degree. This curriculum dives deep into the case study methodology of Entrepreneurship and is research-based. The degree is more analytical than theoretical and will have a highly-focused curriculum using real-world data. The degree also applies plenty of scientific methods to the starting, running, and owning a business rather than simply being a key operator of the business itself.
What are the Typical Classes for an MBA in Entrepreneurship?
- Business Model to Launch
This is the course where students will complete the journey from idea to business plan and pitch. Topics covered: the voice of the customer, opportunity validation, strategy and partnership development, pro forma financials, investor pitch and business plan. - Product Innovation
Introduces concepts and methods used for coordinating strategy formulation and the identification and evaluation of new product opportunities; planning and organizing the process of development; testing new products and new markets; and commercialization. - Small Business Finance
Crowdfunding, venture capital, angel investors, joint ventures, government grants, export financing, SBA loan guarantees, purchase order financing, and equipment leasing is some of the course topics. The class features case studies and 12 industry guest lecturers. Students will analyze financing strategies and prepare financing plans for start-ups and existing businesses. Future small business entrepreneurs, investors, lenders, and advisors can benefit from taking this course. - Social Entrepreneurship
Social entrepreneurship is recognized as encompassing a wide range of activities: enterprising individuals devoted to making a difference; social purpose business ventures dedicated to adding for-profit motivations to the nonprofit sector; new types of philanthropists supporting venture capital-like ‘investment’ portfolios; and nonprofit organizations that are reinventing themselves by drawing on lessons learned from the business world. This course explores entrepreneurship as a mechanism for social change, economic development, and community wealth creation. Specifically, we examine the concepts and practice of social entrepreneurship, through reading and project assignments, class discussions, cases, and guest speakers. - Negotiations
Provides an introduction to the principles, practice, and processes of negotiations as a management skill with bosses, subordinates, peers, clients, and customers. Discussion of the preparation and planning for negotiation, the strategy and tactics of negotiation, issues regarding both distributive and integrative bargaining, and ethics in negotiation. - Technology Ventures
In this course, students will explore the fundamental issues that revolve around technology-intensive ventures. Analysis and evaluation of a business plan for technology business ventures including demand forecasting, financial modeling, licensing of technology and intellectual property and other issues for current business conditions.
How We Rank MBA Programs in Entrepreneurship
The team at responsible for program rankings at MBAGuide.org comprises of data science and product management experts. Our ranking team works independently from the editorial team and is not influenced by editorial decisions.
MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.
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Keri Baker is a Pittsburgh, Pennsylvania-based freelance copywriter and MBA-graduate who loves writing about productivity. When she’s not listening to productivity podcasts or researching Apple products, you can find her chasing her pups around or volunteering at the local homeless mission. Feel free to find Keri on Twitter or Instagram @techgirlpgh.