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Entrepreneurship in USA: Find Out the Best Colleges for Entrepreneurship in USA

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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.

Table of Contents

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.

Suggested: 5 Best States In USA For Indian Students In 2022

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:

  1. University of California- Berkeley
  2. University of Chicago- Chicago Booth School of Business
  3. University of Pennsylvania- The Wharton School
  4. Cornell University- Johnson School of Management
  5. 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:

  1. 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
  1. For PhD in entrepreneurship in USA, Students must have a master's degree in entrepreneurship or a related discipline.
  2. The chosen university may demand GRE results
  3. Students must get their research papers authorised by the universities involved.
  4. All international students will be required to provide proof of English language proficiency (IELTS, TOEFL)
  5. 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
  1. Work Experience

To study entrepreneurship in USA, not all universities would demand work experience. However, having 2 years of work experience will work.

  1. 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

Suggested: Know Cost of Studying in USA For Indian Students

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.

Frequently Asked Questions about Entrepreneurship in USA

Ques. Is GMAT/GRE required for the admission in entrepreneurship course in USA?

Ans: Students seeking course in Master's will need to submit the scores of GMAT/GRE, also depending on the university.

Ques. What course students can take for entrepreneurship in USA?

Ans: Undergraduate (BBA and BBM) and graduate (MBA, Executive MBA, Part-Time MBA, Distance MBA, Online MBA, MA in Social Entrepreneurship) are some of the levels provide entrepreneurship courses.

Ques. Is entrepreneurship course in USA worth?

Ans: US excel in all areas of entrepreneurship. Since entrepreneurship is essential to the US economy, legislative efforts are developed to promote entrepreneurial behaviour. Students will have a better exposure.

Ques. Is entrepreneurship course better for a career?

Ans: Majoring in entrepreneurship can be a smart move if you want to run a successful company. Even without a degree in entrepreneurship, many people are successful in business.

Ques. Is entrepreneurship a good career?

Ans: Entrepreneurship is certainly a good career with good pay package and self-driven business.