Careers in Entrepreneurship
Introduction to Entrepreneurship
The challenging field of entrepreneurship focuses on developing and implementing modern techniques in a business environment, to efficiently run an organization, manage employees, develop new products and improve the overall delivery of goods and services to customers around the world. Most of the businesses that exist today started out as entrepreneurial activities, with ambitious individuals capitalizing on a novel business idea they had.
What Kind of Education do I need?
A number of colleges offer traditional on-campus and online degrees in entrepreneurship including Bachelor’s, Master’s and Doctoral degrees. Students can specialize in an area such as industrial management, establishing new ventures and arranging finance, international business management, strategy development, marketing, venture capital, mergers and acquisitions and technological innovation. The core curriculum includes subjects such as microeconomics, entrepreneurship theory, economics of technological change and organizational theory.
What are the different careers in Entrepreneurship?
The field of entrepreneurship presents unique opportunities, each with its individual challenges and benefits. A career in entrepreneurship can be made in virtually any field, depending on your interests. Entrepreneurship graduates can find work as commercial bankers, franchise operators, research and development executives and business consultants. Most entrepreneurs, however, remain self employed, preferring to be their own bosses. Over the recent years, opportunities have also been growing in IT and engineering, presenting a varied set of growing prospects to entrepreneurship majors. O*NET reports that for professionals with an entrepreneurship background working as financial analysts and personal financial advisors have median wages of $76,950 and $67,520 per year respectively as of 2012.