Is there ever a need for an accelerated online Master’s in Entrepreneurship? Many business-minded people and the public may think that entrepreneurship is something that is innate, but it’s actually easier to move into the field with a graduate degree. From learning about how to build a start-up from the ground up to learn how to incorporate different companies under one name, these graduate degrees can come in handy for even the most seasoned business professional.

But busy working adults do not have the time or inclination to take on a traditional degree, especially one that requires that they attend campus. They require a degree that is flexible, affordable, and in most cases, accelerated. This is because these professionals need to earn their education as quickly as possible to put their own ideas and businesses into practice. This is why so many business schools are providing accelerated online opportunities for these students. This is the focus of this ranking.

Methodology

The research required for this ranking was conducted by using the National Center for Education Statistics and its publicly available database known as College Navigator. By searching for accelerated online Master’s in Entrepreneurship degrees, an initial list of 30 degrees was created. Factors were then considered to narrow down the list, including major and concentration options, accelerated time to completion rates, and tuition rates. The final 15 schools, which are listed below, were selected based on their in-state graduate tuition rates.

Ranking Low-Cost Accelerated Master’s in Entrepreneurship

15. Xavier University

Cincinnati, Ohio

Online Masters in Business Administration

Xavier University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA from Xavier University can be completed 100 percent online.

Website

Tuition: $31,161

Xavier University is home to a great accelerated master’s online in entrepreneurship program that will fit into any professional’s lifestyle. This is an MBA program that is designed to be completed in 18 months if a student chooses to follow a full-time plan of study. The program is accredited by the Association to Advance Collegiate Schools of Business International and is taught from a Jesuit perspective. This degree is conferred 100 percent online and delivers its asynchronous courses in eight-week terms that have multiple start dates each year. Students will also have the chance to choose a concentration, including the Entrepreneur concentration, in order to help specialize in their chosen field. This degree requires 39 credit hours of coursework, a capstone project, and a comprehensive written exit exam. Sample courses include Fundamentals of Finance, Business Information Systems, and International Business.

14. Full Sail University

Winter Park, Florida

Online Master of Science in Innovation and Entrepreneurship

Full Sail University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MS in Innovation and Entrepreneurship from Full Sail University requires 36 credit hours of coursework.

Website

Tuition: $28,000

Students at Full Sail University are treated to a one year Master’s in Entrepreneurship online that focuses on innovation, product design, and development strategies. This is a 100 percent online and a unique degree in that students focus on one course a month rather than several courses throughout a term; there are no set start dates either, ensuring that students can begin and complete their degree when they see fit. All courses are delivered on-demand so that professionals can choose when and how they study; this also makes it easier for professionals who have several obligations to attend to in their personal life. This degree requires 36 credit hours of coursework, a business model presentation, a thesis, and a comprehensive exit exam. Sample courses include Marketing Strategies for Entrepreneurs, Business Model Implementation and Management, and Mastery: Personal Development and Leadership.

13. Everglades University

Boca Raton, Florida

Online Master of Science in Entrepreneurship

Everglades University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MS in Entrepreneurship from Everglades University was designed specifically for professionals who work full-time.

Website

Tuition: $27,600

Everglades University makes it possible for students who are interested in an accelerated online Master’s in Entrepreneurship to pursue their dreams. This program was designed specifically for professionals who work full-time; all courses are delivered on-demand through the school’s virtual portal. The curriculum focuses on entrepreneurial theories and concepts, with some courses providing students with the opportunities to demonstrate their competency in various aspects of the field. This is a comprehensive curriculum that does not allow for free electives; however, in exchange, students are met with an in-depth degree that covers all the aspects of becoming an entrepreneur and succeeding in the field. This degree requires 36 credit hours of coursework, a capstone project, and a comprehensive exit exam; it can be completed in less than one year. Sample courses include Business Strategy for Competitive Advantage, Leadership Skills for Managers, and Entrepreneurial Innovation and Technology.

12. Regent University

San Diego, California

Online Master of Business Administration in Entrepreneurship

Regent University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA in Entrepreneurship from Regent University is delivered in 16-week terms.

Website

Tuition: $27,300

Working professionals will find an affordable accelerated online Master’s in Entrepreneurship at Regent University. This degree is accredited by the Accreditation Council for Business Schools and Programs. Students will find an exceptional program that focuses on the needs and strategies of business owners, allowing them to earn a comprehensive education on the fundamentals of building a business from the ground up. This program is delivered 100 percent online; students will be able to choose between on-demand and live classes, all of which are delivered in 16-week terms. The curriculum covers everything from economics to accounting to strategic management, making it a great choice for anyone interested in earning a graduate education that teaches them how to become a self-made businessperson. Students can expect to complete 42 credit hours of coursework, a program assessment, and a research project. Sample courses include Innovation and Technological Success, Operations and Supply Chain Management, and Entrepreneurial Government Contracting Strategies.

11. Stratford University

Virginia Beach, Virginia

Online Master of Business Administration in Entrepreneurship

Stratford University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA in Entrepreneurship from Stratford University is available entirely online or as a hybrid program.

Website

Tuition: $26,730

Stratford University offers students the chance to complete a one year online Master’s in Entrepreneurship through the school’s Master of Business Administration program. This degree, which can be taken 100 percent online or as a hybrid curriculum, was built to improve a professional’s understanding of the business world while providing them with the skills they will need in order to become business owners. The plan of study is fairly straightforward: all courses are available live either on campus or online, can take between five to 10 weeks to complete, and follow a specific chronological order. This means that students take on one course at a time in an intensive term, enabling them to continue in their current career while studying when they have the time. This degree requires 54 credit hours of coursework, a business capstone, and a comprehensive written and oral exam. Sample courses include Organizational Change Management, Legal Environment and Business, and Global Leadership and Organizational Behavior.

10. Suffolk University

Boston, Massachusetts

Online Master of Business Administration in Entrepreneurship

Suffolk University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA in Entrepreneurship from Suffolk University requires 36 credit hours of coursework.

Website

Tuition: $21,990

Working professionals at Suffolk University will find an accelerated online Master’s in Entrepreneurship that will easily fit into their schedule. This program offers online students the chance to complete their degree in just over one year if they study full-time; part-time students can complete the degree in as little as two years. This degree is delivered 100 percent online, with live and on-demand courses both being taught by the same professors and faculty that teach the courses on campus. The curriculum is comprehensive and is one of the only programs on this list that requires an internship; students will note that this component can be completed in their community upon the approval of a supervisor. Students will be required to complete at least 36 credit hours of coursework, a capstone project, an internship, and a comprehensive program assessment. Sample courses include Social Entrepreneurship, Business Opportunities Using Design Thinking and Biomimicry, and Global Innovation and New Product Development in Virtual Team.

9. Clarion University

St. Clarion, Pennsylvania

Online Master of Business Administration in Innovation and Entrepreneurship

Clarion University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA in Innovation and Entrepreneurship from Clarion University can be completed in one year.

Website

Tuition: $21,617

Clarion University provides students with a 12 month online Master’s in Entrepreneurship program that is delivered 100 percent online. This degree is built on the idea that graduate candidates will have a comprehensive background in business and related fields, making it easier for these students to complete the necessary requirements for the MBA in less time than it would take in a traditional program. The degree comes with seven prerequisite courses; students who have taken these courses either through undergraduate or graduate study will be eligible to waive these requirements. All other courses are provided for online as synchronous courses, so students will have to be present for live assignments, tests, and quizzes. This program comes with a core curriculum and concentration courses, with the entrepreneurship concentration requiring a practicum. This experience will be completed in a student’s own community and under the supervision of the department. Students can expect to complete 33 credit hours of coursework, a practicum, a capstone project, and a comprehensive written and oral exam. Sample courses include Operations Management and Information Systems, Legal and Ethical Environment of Business, and Quantitative Analysis for Business.

8. The University of Maryland

College Park, Maryland

Online Master of Professional Studies in Technology Entrepreneurship

University of Maryland - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online Master of Professional Studies in Technology Entrepreneurship from the University of Maryland requires 30 credit hours of coursework.

Website

Tuition: $21,000

Students at the University of Maryland will be offered the chance to earn an accelerated online Master’s in Entrepreneurship that was created for the most ambitious business people in the country. This degree, which is housed under the nationally renown A. James Clark School of Engineering, is a specific degree that focuses on technology startups, businesses, and business owners. Students will find that this 100 percent cohort online degree will provide them with a comprehensive education in as little as 15 months; all courses are delivered asynchronously in a 12-week format. This is the perfect degree for students interested in building the next big tech company; the curriculum focuses on all aspects of the tech industry, including venture capital for tech start-up companies, legal issues, and even human resource management. Students can expect to complete 30 credit hours of coursework and a comprehensive written and oral exit exam. Sample courses include Legal Aspects of Entrepreneurship, Strategies for Managing Innovation, and Financial Management and New Venture Financing.

7. West Chester University

West Chester, Pennsylvania

Online Master of Business Administration

West Chester University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA from WCU follows a 16-week format for classes.

Website

Tuition: $20,432

West Chester University confers a 12-month master’s online in entrepreneurship program that is currently ranked as one of the best online Master of Business Administration programs in the country by U.S. News and World Report. This program was built for working professionals, enabling them to fit their education in around their professional and personal obligations. When taken as a full-time course of study, this degree can be earned in as little as one year; all students have up to three years to satisfy the requirements for graduation. As a 100 percent online degree, all courses are delivered in an on-demand or live format; each course follows the 16-week format with the exception of the summer term, which is 10 weeks. This degree requires 30 credit hours of coursework and a comprehensive written and oral final exam. Sample courses include Entrepreneurship and New Venture Creation, Law and Ethics in the Business Environment, and Global Operations and Supply Chain Management.

6. Saint Leo University

Saint Leo, Florida

Online Master of Business Administration

Saint Leo University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA form Saint Leo University is available entirely online.

Website

Tuition: $19,980

Students at Saint Leo University are treated to an accelerated online Master’s in Entrepreneurship that can be completed in less than two years. This degree was built to expand on a graduate’s understanding of the business field and introduce them to new personal and professional development skills that will be necessary for the industry. This 100 percent online degree was designed to work around a working professional’s schedule; most courses are delivered asynchronously so that students can decide when and how they study. This program strongly encourages, but does not require, an internship; this would take place in a student’s community upon the approval of the department. Other requirements include 36 credit hours of coursework, a capstone project, and a comprehensive written final exam. Sample courses include Enterprise Resource Planning, The Legal Environment of Business, and Current Issues in Leadership.

5. Embry-Riddle Aeronautical University

Daytona Beach, Florida

Online Master of Science in Entrepreneurship in Technology

Embry-Riddle Aeronautical University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MS in Entrepreneurship in Technology rom Embry-Riddle Aeronautical University requires 30 credit hours of coursework.

Website

Tuition: $19,200

The accelerated online Master’s in Entrepreneurship from Embry-Riddle Aeronautical University is a technology-focused degree that will be perfect for any innovative mind that is fascinated with the tech industry. This program is delivered by a school that focuses on the aviation and aerospace industries so it should come as no surprise that the degree is suited for these particular areas. To that end, there are five different concentrations: Information Systems Security, Management Information Systems, Space Systems, System Engineering, and Unmanned Aerospace Systems. This program was developed to be completed 100 percent online; all courses are offered as either on-demand or live courses that are taught by the same renown professors that teach the courses online. Students can expect to complete 30 credit hours of coursework, a capstone project, and a comprehensive written and oral exit exam. Sample courses include Entrepreneurship and Leadership, Technology Commercialization and Entrepreneurship in the Global Environment, and Management of Research and Development for the Aviation and Aerospace Industry.

4. Ball State University

Muncie, Indiana

Online Master of Business Administration in Entrepreneurship

Ball State University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA in Entrepreneurship from Ball State University can be completed in one year.

Website

Tuition: $17,100

Ball State University confers an affordable accelerated Master’s in Entrepreneurship online that can be completed in one year. This degree was built to help professionals with an educational background in business complete their Master’s in Business Administration quicker than they would be able to if they attended a traditional degree program. This degree is accredited by the Association for Advance Collegiate Schools of Business, a distinction that is offered to just 15 percent of all business schools, traditional or online, around the country. This program is also currently ranked in the top 20 best online business programs by U.S. News and World Report. Students will be offered a 100 percent online degree that combines asynchronous and synchronous courses in a curriculum that is easy to manage for any professional. Students can expect to complete 30 credit hours of coursework and a comprehensive written and oral final exam. Sample courses include Entrepreneurial Planning and Feasibility, Entrepreneurial Strategy, and Entrepreneurial Innovation and the Discovery of Opportunity.

3. Fayetteville State University

Fayetteville, Arkansas

Online Master of Business Administration in Entrepreneurship

Fayetteville State University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA in Entrepreneurship from Fayetteville State University requires 36 credit hours of coursework.

Website

Tuition: $16,808

Students at Fayetteville State University are offered the chance to earn an accelerated online Master’s in Entrepreneurship that can be completed in as little as two years. The Master of Business Administration for this program requires that students without an educational background in business take foundation courses, which could account for an additional 15 credit hours on top of the requirements for the degree alone. This course is delivered 100 percent online through asynchronous and synchronous courses; students will find that most courses are offered on-demand while some, such as seminars, require live participation. There are no internships for this degree and it can be completed in two years if a student chooses to study full-time. This degree requires 36 credit hours of coursework, a capstone project, and a comprehensive written and oral final exam. Sample courses include New Ventures and Entrepreneurship, International Business Management, and Special Topics in Business and Entrepreneurship.

2. Aspen University

Denver, Colorado

Online Master of Business Administration

Aspen University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online MBA from Aspen University is available 100 percent online.

Website

Tuition: $11,700

Aspen University is a great choice for students who are interested in an accelerated online Master’s in Entrepreneurship. The Master of Business Administration at this school is focused on entrepreneurs and the program is dedicated to teaching students how to set up their own businesses. This is a 100 percent online degree that utilizes both on-demand and live courses. Students will find that courses are offered in 10-week and 16-week sessions; generally, summer sessions are shorter, enabling students to complete their degree faster. The program’s curriculum focuses on using real-world case studies as well as team project to ensure that students understand how theories and concepts work in the business world. Students can expect to complete 36 credit hours of coursework, a capstone project, a mid-program exam, and a comprehensive written final exam. Sample courses include Innovative Finance and Venture Capital, Corporate Financial Management, and Project Management Organizational Framework.

1. Western Carolina University

Cullowhee, North Carolina

Online Master of Entrepreneurship

Western Carolina University - Top 15 Most Affordable Accelerated Master's in Entrepreneurship for 2018
The online Master of Entrepreneurship from Western Carolina University requires 30 credit hours of coursework.

Website

Tuition: $8,721

Western Carolina University offers students an accelerated online Master’s in Entrepreneurship that focuses on helping professionals learn how to build their own businesses. This degree is accredited by the Association to Advance Collegiate Schools of Business; it was also named one of the top five online programs for entrepreneurs by Fortune Small Business Magazine. This degree was designed for and by entrepreneur professors and faculty who have years of experience in the business sector; it was also developed with the National Content Standards for Entrepreneurship Education in mind, making it an excellent choice for professionals who are interested in earning the best possible education in the field possible. This is a 100 percent online degree; there are no residency requirements and students will find all of their courses are offered as on-demand or live courses that are delivered by the school’s virtual portal. Students can expect to complete 30 credit hours of coursework, a final project that includes a business plan, and a comprehensive written final exam. Sample courses include Advanced Entrepreneurial Finance, Entrepreneurial Feasibility Analysis, and Planning a New Venture.

Frequently Asked Questions

What are the Career Options for an Accelerated Online Master’s in Entrepreneurship Degree?

The career options for a degree in entrepreneurship are, frankly, limitless. A professional can do various things with this degree, but the most popular is to go into business for themselves. It is also likely that a professional will use their education to teach others how to become entrepreneurs or freelance as consultants. In fact, nearly every avenue in business is open to these professionals; it is only a matter of finding a career path that speaks to an individual.

How Much Can You Earn in This Field?

The current average salary for an entrepreneur is around $171,000. As this is an average salary, students should be mindful that the range is much larger than this; for example, Elon Musk could be considered an entrepreneur, one who makes millions of dollars a year, but for every Elon Musk, there are hundreds of entrepreneurs who make $40,000 a year in their business ventures.

The truth is that being an entrepreneur means that salaries are dependent on not just the individual, but the economy, the current state of the industry in which a business was created for, consumer trends, whether a business is privately or publicly held, and more. Professionals should expect to make around $30,000 a year for their first year in business.

What are the Various Disciplines of Entrepreneurship?

Entrepreneurship is a field that encompasses business, finance, marketing, economics, and accounting. It also encompasses leadership, management, human resources, industrial-organizational psychology, sociology, administration, and leadership. Entrepreneurship is also affected by other disciplines; however, these disciplines are specialized to different industries, such as healthcare or technology. Professionals will find that disciplines specific to their business venture will become apparent as their business grows.

Is a Degree in Entrepreneurship Really Useful?

There are a reported 15 million Americans who considered themselves to be self-employed or entrepreneurs. While it is true that the majority of these professionals did not go to graduate school or earn a degree specifically in entrepreneurship, there is still a demand for this degree. This is for two reasons: one, many professionals have the creativity and vision, but not the knowledge, to build a business; and two, many business professionals turn to entrepreneurship after years of work and education experience.

A degree in entrepreneurship can be extremely helpful for an individual who has a really good idea for a business but has no idea how to make it become a reality. These professionals need to learn how venture capital works, the laws and regulations that may affect their venture, how to build a business venture, and how to organize their business to maximize profits. A master’s degree in this field is absolutely beneficial for these professionals.

The degree can also be useful for business people who have been in the sector for years and are ready to branch out on their own. Rather than leave their current position and strike out on their own, an online degree in this field can enable them to learn what they need to know while they continue to work. This enables them to make a smart move once they jump into the entrepreneur section of the field.

Entrepreneurship is a challenging field to enter, even for seasoned veterans of the business community. However, it is an exciting place for those who crave innovation and creativity in their life’s work. But like with all fields, there is a bit of education that is needed in order to make the best of the field. That’s precisely what an accelerated online Master’s in Entrepreneurship degree provides for professionals who are interested in moving into an exciting direction while taking care of their professional and personal duties.

FOM Staff
April 2018

This concludes our ranking of the Top 15 Most Affordable Accelerated Master’s in Entrepreneurship Online for 2018.