If you are a creative person but need to make a living from your craft or you simply have a great idea for a business and do not know where to begin, a mba entrepreneurship may be the answer you have been looking for to start your business properly and efficiently. No matter what type of business you want to open, a mba in entrepreneurship will provide you with the education, knowledge, and skills to become a successful business owner. If this sounds like a great plan to you but you are unsure which college or university has the best MBA in the entrepreneurship program, check out the list below for all of the details on the top 13 schools in the country best known for this type of degree.
1. Stanford Graduate School of Business
The Stanford Graduate School of Business offers a full-time degree program in general management. This program is a full-time, residential-type study that will give you a general management degree. It is also created to assist you in further developing your idea and vision for your business and will provide you with the education, knowledge, and skills to achieve it. The program will provide you with the business education you need to succeed as a business owner while helping you develop better leadership skills. There are also specialized programs for women and others that you can enroll in if you so choose.
Enrollment: 848 full-time students
Tuition: $74,706 per nine-month academic year
2. The F.W. Olin Graduate School of Business at Babson College (Olin) courses in a variety of subjects to further your education to make your business profitable, including entrepreneurship, finance, marketing, management information systems, and more. The school places a very strong focus on the global marketplace, along with entrepreneurism, and is evidenced by the school’s educational goals of ethics, teamwork, entrepreneurial thinking, innovative thought processes, and integration.
Two full-time programs are offers as well as a 21-month fast track program for part-time students. Both programs are offered at the school’s campus near Boston, Massachusetts. Students can even benefit from real-world experience through the Babson Consulting Alliance program, which is a requirement that has to be completed by all two-year students. Over 50 percent of the school’s students are employed by the time they graduate or others opt to open their own businesses.
Enrollment (full-time students): 283
Cost: $115,244 total program and part-time: $1,990 per credit.
3. Massachusetts Institute of Technology
The Sloan School of Management at Massachusetts Institute of Technology (Sloan), located in Cambridge, Massachusetts, offers several specific concentrations to help you as an entrepreneur, including general management, marketing, and leadership. This program boasts that at graduation, 79.30 percent of graduates of the full-time program are employed.
Tuition for full-time students: $77,168 per year.
4. University of California–Berkeley (Haas)
Located in Berkeley CA in the maca of major businesses like Visa and Google, the Haas School of Business at University of California–Berkeley (Haas) offers an MBA in Entrepreneurship program that sees about 76 percent of its graduates of the full-time program with employment at graduation. From accounting, consulting, and e-commerce to entrepreneurship, finance, and general management, this program offers all of the courses needed to effectively own and operate a successful business.
Full-time Enrollment: 591
Tuition: $64,656 per year
5.Harvard University Business School
The Harvard University Business School offers an array of concentrations to help you open and grow your own business. Some of these include accounting, consulting, economics, and international business. The case method is used to help students develop the skills needed to deal with real-world problems after graduation. CEO of Hewlett-Packard; and Jeffrey Immelt, chairman and CEO of General Electric are two well-known graduates of the school’s program that sees about 77 percent of graduates becoming employed by graduation time.
Tuition: $73,440 per year
6. University of Pennsylvania (Wharton) Business School
Boasting the largest alumni network in the United States in today’s world, the University of Pennsylvania (Wharton) Business School was the first business school offered in the country. About 81 percent of the school’s graduates are employed full-time by graduation day. There are a variety of focuses of study, such as marketing, real estate, insurance, international business, finance, general management, and entrepreneurship.
Tuition: $74,500 per year
7. University of Michigan–Ann Arbor (Ross) Business School
The Stephen M. Ross School of Business at the University of Michigan–Ann Arbor (Ross) several departments to help in owning and operating a business, including general management, entrepreneurship, leadership, manufacturing, and technology management, marketing, and portfolio management. Also offered are separate master’s degree programs in accounting, management, entrepreneurship, and supply chain management, along with a Ph.D. program. On graduation day, about 87.50 percent of the students are employed.
8. Indiana University (Kelley) Business School
From marketing and inventory management to consulting and finance, the MBA Entrepreneurship program at The Kelley School of Business at Indiana University (Kelley) offers several options for students, including part-time and full-time status. Upon graduation, nearly 78 percent of the students in the program are employed.
The main focus of the program is integration to help students combine various business disciplines to widen their perspectives on business management. Leadership is also a large focus of the program which is very helpful in managing your own business, especially if you will one day have employees to manage.
Tuition: $51,454 for full-time students and $25,050 for part-time students
9. University of Texas–Austin (McCombs)
The McCombs School of Business at the University of Texas—Austin offers an array of concentrations to help you achieve your entrepreneurial goals. Some of these include international business, general management, finance, and of course, entrepreneurship. Nearly 80 percent of students are employed at the time of graduation.
Enrollment: 531 full-time students
Tuition: $54,924 per year
10. Saint Louis University (Chaifetz) Business School
Whether employment is your goal or business ownership is your focus, the Richard A. Chaifetz School of Business at Saint Louis University (Chaifetz) has a lot to offer its students. From general management courses to concentrations in economics, accounting, technology, and entrepreneurship, this program will get you prepared for operating or managing a business or non-profit in the real world.
Located in St. Louis, the school was founded in 1901 and is touted as the oldest business school west of the Mississippi River. The Richard A. Chaifetz School of Business Career Resources Center is a wealth of information for students to utilize as they search for jobs or prepare for business ownership or management. About 75 percent of the students who complete the program are employed at graduation and this extra resource assists in students’ achievements with job searches.
Tuition: $48,180 per year for full-time students and $1,100 per credit hour for part-time students and specialty master’s students
11. Rice University (Jones) Business School
The Jesse H. Jones Graduate School of Business at Rice University (Jones) provides students with a vast wealth of departments and concentrations to focus on, such as entrepreneurship, finance, accounting, marketing, and general management. Nearly 82 percent of its students obtain full-time employment before they graduate from the program.
The school is located in Houston, Texas, and boasts small class sizes and electives in the students’ courses of study as two of the things that set it apart from other MBA Entrepreneurship programs. There is a ratio of about nine students to one faculty member for more intimate, one-on-one learning.
Tuition per year is $59,750
Tuition for the total program is $107,750
12. Loyola Marymount University Business School
The College of Business Administration at Loyola Marymount University offers a 22-month program and a wide variety of programs, including concentrations in entrepreneurship, general management, and marketing. About 76 percent of the graduates of the program are employed full-time by graduation day. The average class size at the Loyola Marymount University Business School MBA in Entrepreneurship program is 20 students with 72 full-time faculty members on staff. There are 12 CBA student organizations that can also help foster growth and development in leadership and management skills.
Tuition for part-time students: $88,500 for the total program
Tuition for the Executive Program students: $98,500 for the total program.
13. University of Utah (Eccles) Business School
Accounting, consulting, entrepreneurship, leadership, management information systems, and general management are just a few of the many departments you can focus on at the David Eccles School of Business at the University of Utah (Eccles) to further your knowledge and education to help you succeed as an entrepreneur.
The program offers students the chance to obtain their MBA in Entrepreneurship while only attending classes two evenings per week. Located in Salt Lake City, the school strives to offer the students a top-north education in a short amount of time. By graduation time, about 56 percent of all students in the program have full-time employment. The deadline to apply to this particular school is every year on May 1.
Tuition: $31,000 per year for full-time students, $29,400 per year for part-time students