While many believe that an entrepreneur is born and not made, there is no shortage of entrepreneurial MBA programs. Entrepreneurship is the second most popular MBA major after international management. The interest in this type of MBA program is huge!
Interest in starting your own business has been revived and it seems that many have caught the entrepreneurial bug. For young MBA graduates, entrepreneurs are the unsung heroes of the 21st century. Following the trend, entrepreneurship research is also increasing, moving away from case studies and anecdotes of the past. You can also search online for more information about entrepreneurial education program.
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According to a study by the University of Arizona, graduates of entrepreneurship programs are three times more likely to build a company that employs more than 200 people and has annual sales of more than $50 million. The average annual income of these graduates is nearly 30 percent higher than those with a standard MBA degree.
The entrepreneurship MBA program can provide you with general business skills, including finance and marketing. You'll learn how to write a business plan, secure funding, and understand things like supply chain management for shipping or accounting.
For the entrepreneurship MBA programs to be most effective, formal instruction is naturally combined with experiential learning activities including role playing and self-assessment exercises, as well as mentoring. In many universities, accomplished business people with real-world experience teach MBA students.