Every year, there are a number of new startups coming up creating a market for new comers. It also inspires students who are freshly graduated from the university. However, to begin with the journey, students can take entrepreneurship courses in USA that will help them to understand how the industry works and what it takes to be an entrepreneur in the country.
Entrepreneurship in USA is blooming rapidly and students have some great opportunities further. In the United States, more than half the population is into entrepreneurship. adults are business owners. Entrepreneurship universities in USA offer courses in all areas of the field preparing students to equip with skills required to run a company successfully. Moreover, students after completing entrepreneurship programs in USA can take up good payscale jobs. There are different job roles available in top companies with the payscale of around USD 70,000 (INR 55,35,348) annually. So, if you’re the one who is planning to do a masters in entrepreneurship USA, we have stated below all the required details about the same.
Why Study Entrepreneurship Courses In USA?
Pursuing MS in entrepreneurship in USA, will enlighten you with both academic and practical information to help you successfully navigate a startup or firm. MBA in entrepreneurship in USA will help you gain all the abilities required to launch and operate a business. Whether you are pursuing masters in entrepreneurship in USA, bachelor's or PhD in entrepreneurship in USA, each offers a new dimension to your career. Some of the reasons to pursue entrepreneurship in USA are-
- Top Quality Education
By giving graduates the appropriate amount of industrial exposure, entrepreneurship in the US aids by top universities, ensure students have a promising career.
- Confidence to be an Entrepreneurship
You can start your professional venture in Silicon Valley and fulfil nearly all of your business professional aspirations thanks to American entrepreneurship.
- Top Ranking Universities
Each university and college in USA holds the rank of providing excellent academy. The university offers the best learning experience for the students to have practical understanding about the industry.
- Study Scholarships
Universities in USA offer scholarships to students pursuing the entrepreneurship course. Many of the best entrepreneurship schools in the USA have their own study grants for students.
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Top Entrepreneurship Universities In USA
Students looking forward to studying entrepreneurship in US have multiple university options. There are best colleges for entrepreneurship in USA allowing students to get the best education in the field. Some of the top colleges are:
- University of California- Berkeley
- University of Chicago- Chicago Booth School of Business
- University of Pennsylvania- The Wharton School
- Cornell University- Johnson School of Management
- University of Washington- Foster School of Business
Let’s get into the details:
1. University of California- Berkeley
A variety of entrepreneurship courses are offered by Berkeley-Haas academics which is a part of University of California. The main focus is on Lean Launch techniques and a reach into specific social impact and technological fields. Students while undergoing the course, will learn about the three phases of the entrepreneurial journey—ideation and team creation, customer research and validation. Some of the courses under the entrepreneurship MBA executives are- Impact start-up launchpad, entrepreneurship, lean transfer, and others. Similarly, the institute offers undergraduate courses in different areas.
|
Type |
Private |
|
QS Ranking 2023 |
32 |
|
QS Subject Ranking 2022 |
9 |
|
Program Offered |
Undergraduate in Entrepreneurship MBA in Entrepreneurship |
|
Program Fees (Annual) |
Approx Bachelor’s- USD 14,254 (INR 1127155.01) MBA- USD 67871.07 (INR 53, 67,000) |
2. University of Chicago- Chicago Booth School of Business
In 1998, the University of Chicago offered its first entrepreneurship course, which was inspired by Chicago Booth. The institution now provides a variety of entrepreneurial courses that combine cutting-edge practical learning with the fundamentals of finance, economics, and strategy. The university offers the top quality MBA in entrepreneurship in USA where the approach includes engaging experience program, competition courses, and classroom courses on the principles of entrepreneurship. Students meet with actual businesses; create business plans in hands-on lab workshops for better understanding.
|
Type |
Private |
|
QS Ranking 2023 |
10 |
|
QS Subject Ranking 2022 |
121 |
|
Program Offered |
MBA in Entrepreneurship |
|
Program Fees |
Approx- MBA- USD 19,8500 (15,69,6665) for two years |
3. University of Pennsylvania- The Wharton School
University of Pennsylvania entrepreneurs who have discovered their vocation here, it is regarded as one of the top universities entrepreneurship in USA. Offered under The Wharton School, students have the option of specialising in Entrepreneurship and Innovation as a subfield while taking several courses. Along with a business plan competition and a company development centre, this school offers its students a wealth of resources to help them thrive..
|
Type |
Private |
|
QS Ranking 2023 |
13 |
|
QS Subject Ranking 2023 |
87 |
|
Program Offered |
MBA Entrepreneurship & Innovation
|
|
Program Fees (Annual) |
Approx MBA- USD- 118,568 (INR 93,75,930) |
4. Cornell University- Johnson School of Management
Cornell University is regarded as one of the top universities for aspiring entrepreneurs. One of the reasons is it has its very own Entrepreneur Network in addition to a comprehensive Entrepreneurship curriculum across Cornell. At the Johnson Graduate School of Management, under which the entrepreneurship course is offered, prepare students to develop skills to become future leaders. We firmly feel Cornell is one of the greatest universities to study entrepreneurship because of the wealth of specialised resources it offers.
|
Type |
Private |
|
QS Ranking 2023 |
21 |
|
QS Subject Ranking 2022 |
48 |
|
Program Offered |
One -year MBA in Entrepreneurship Two-year MBA in Entrepreneurship PhD in Management |
|
Program Fees (Annual) |
Approx- One year MBA- USD 11,8758 (INR 93,90,955.11) Two year MBA- USD 24,381.48 (INR 19,28,484) Phd- USD 14,750 (INR 11,66,376.90) |
5. University of Washington- Foster School of Business
University of Washington is the leading institute offering entrepreneurship courses under Foster School of Business. The curriculum provides you with tools, concepts, and tactics that have been successfully applied in the past. You can construct and successfully lead your future firm if you have access to the most recent research insights that provide you an advantage. For students looking for MS entrepreneurship USA, University of Washington offers the best learning experience.
|
Type |
Private |
|
QS Ranking 2023 |
85 |
|
QS Subject Ranking 2022 |
71 |
|
Program Offered |
Master of Science in Entrepreneurship |
|
Program Fees |
Approx USD 43,960 (INR 34,76,198) |
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Course Curriculum Of Entrepreneurship in USA
When you pursue entrepreneurship courses in USA, you will come across multiple levels- masters, bachelor's and PhD. The curriculum for the entrepreneurship courses are more focused on real-world application and the stages of entrepreneurial development.
A lead course centred on a particular set of issues that are particularly pressing at that point in the entrepreneurial process is offered every quarter. There are practical projects related to a significant entrepreneurial milestone included in each lead course. Some of the subjects covered are-
- Essentials of Accounting for Entrepreneurs
- Entrepreneurial Marketing I
- Entrepreneurial Leadership – Leadership as a Personal Journey
- Competitive Strategy
Eligibility Criteria & Admission Requirements for Entrepreneurship Programs in USA
Whether you are pursuing MS, bachelors or PhD in entrepreneurship, the eligibility is slightly different from each.Entrepreneurship universities in USA demand for the respective eligibility and students need to follow to get the admission. Some of these are-
- Educational Qualification
- English Language Proficiency Test Scores
- Work Experience
- USA Student Visa
- Additional Requirements
Let us get into details:
- Educational Qualification
- For Bachelors
You need to provide a qualifying certificate of 12th grade from any registered educational institution. Having a preferred background in business or commerce can be an advantage.
- For Masters
For MSc in entrepreneurship in USA, students need to present BBA course passing certificate. Moreover, the CGPA should be 2.5 out of 4. Students may be required to follow all of the rules and regulations established by their various universities and departments.
- For PhD
- For PhD in entrepreneurship in USA, Students must have a master's degree in entrepreneurship or a related discipline.
- The chosen university may demand GRE results
- Students must get their research papers authorised by the universities involved.
- All international students will be required to provide proof of English language proficiency (IELTS, TOEFL)
- English Language Proficiency Test Scores
Students while applying at the best universities in USA for entrepreneurship courses need to submit the score of the English Language Proficiency test. The score for masters, MBA, and PhD may different according to the university.
For MS
For MBA
- TOEFL iBT: 89 – 94 / paper-based: 577 – 587.
- IELTS- 6.5
- GRE- 320
- GMAT- 550-600
For PhD
- TOEFL- 100
- IELTS- 7.0
- GRE- 300
- Work Experience
To study entrepreneurship in USA, not all universities would demand work experience. However, having 2 years of work experience will work.
- USA Student Visa
To apply for a USA student visa, international students should apply after getting an acceptance letter from the applied university. And also, check before applying for an F-1 student visa which is valid based on the program in which you enrol.
Documents Required for Entrepreneurship Courses in USA
- Statement of Purpose
- Letter of Recommendation
- Official Transcripts
- Resume/CV
- Academic Documents
- A valid passport is compulsory
- Financial Support Proof
- GRE/GMAT score
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Admission Process for Entrepreneurship Courses in USA
To complete the admission process, you need to have all the required documents for the submission purpose. Below are the steps to follow for admission process:
- Check the official university website to see if you match the eligibility requirements for your desired program.
- Complete the online application and pay the application cost.
- After submitting your application, you can log in to the admission portal.
- Meanwhile, you can gather all of the documents needed to apply for a USA study permit.
- If your application is accepted, you will get an admission offer to which you must respond.
- To confirm your seat, complete the university enrollment process and pay the tuition deposit.
- You can proceed with the application for a study permit once you have received acceptance confirmation.
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Cost of Studying Entrepreneurship In USA
From tuition fees, to living expenses, and other costs are considered as part of the price of pursuing entrepreneurship in USA. The estimations for each segment are as follows:
Tuition Fees
The average annual tuition fees charged by best colleges for entrepreneurship in USA is around-
- Masters- USD 43,960 (INR 34,76,198),
- Phd- USD 14,750 (INR 11,66,376.90),
- Bachelor’s- USD 14,254 (INR 1127155.01)
Cost of Living
The cost of living in the United States is fairly high; for example, it can cost around USD 18, 000 (INR 1437957) yearly.
|
Facilities |
Cost Per Month |
|
Accommodation |
USD 200 (INR 15888) |
|
Food |
USD 200 (INR 15888) |
|
Transportation |
USD 100 (INR 7951) |
|
Study Materials |
USD 1000 (INR 79443) yearly |
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Scholarship Offered for Best Entrepreneurship Programs In USA
Many of the international students get loans or scholarships as forms of financial aid. International students can apply for merit-based scholarships at the respective university or college. Merit scholarships are automatically awarded to accepted candidates. When a student is admitted, they are advised if they are eligible.
|
Scholarships |
Amount Granted |
|
Charles J. Schaniel Scholarship |
Varies |
|
ROMBA Fellowship |
USD 8762.43 (INR 7,00,000) |
|
Lester B. Knight M.Eng./MBA Scholarship |
USD 5758.17 (INR 46,00,000) |
|
Kellogg Finance Network (KFN) Scholarship |
For MBA in Finance |
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Job Scope After Entrepreneurship in USA
After graduation, or masters, aspirants look forward to launch their own business, while others might opt to work in the industry for a while before joining the lounge. The region, industry, and type of Labour performed would all have a significant impact on the typical wage. On an average, the annual salary is around USD 70099.45 (INR 56, 00,000).
|
Job Roles |
Annual Average Package |
|
Executive MBA |
USD 150213.11 (1,20,0000) |
|
Finance Manager |
USD 1,75,000 (INR 13980137.50) |
|
Associate Product Manager |
USD 81365.44 (INR 65,00,000) |
|
Senior Product Manager |
USD 90,000 (INR 7189785) |
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Students, who enrol masters in entrepreneurship USA or for any other level of course, will learn how to apply a number of strategies and skills to advance in their careers. The United States is home to some of the greatest business management programs, offering students a solid education that enhances and broadens their entrepreneurial abilities. If you are looking forward to some assistance, connect with Yocket professionals.
