Business Administration Degree: Entrepreneurship Concentration

Business administration degree programs may allow students to pursue a concentration area that interests them. This article will focus on the entrepreneurship concentration to provide prospective students with enough information to decide whether this type of program is right for them.

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Overview of Business Administration Degrees with an Entrepreneurship Concentration

Students who are pursuing bachelor's degrees in business administration are often able to choose a concentration that interests them and is pertinent to their career goals. One common concentration option is entrepreneurship, which would be a good choice for individuals who are interested in learning about how to start a business. Below, we will focus on business administration degrees with a concentration in entrepreneurship in greater detail by exploring course requirements, admission information, and how to select one of these programs.

Admission Requirements for Business Administration: Entrepreneurship Programs

Students who are interested in obtaining their degree in business administration with a concentration in entrepreneurship will first need to gain admission into the university that they want to attend. This typically involves submitting their high school transcripts, an application form, and a personal statement. Many colleges and universities require that students take a number of underclassmen business courses before being eligible to apply to the business administration program. Students will typically need to complete these prerequisite courses, like financial accounting, microeconomics, and calculus, and meet a minimum GPA requirement in order to be accepted into the major. Then they are able to begin taking upper-division courses and select a concentration area.

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Common Courses in Business Administration: Entrepreneurship Programs

When students select a concentration area, they generally fulfill the requirements for that concentration by taking specified upper-division elective courses. We will look at some of the courses that are common to entrepreneurship concentrations within business administration programs below.

Introduction/Fundamentals of Entrepreneurship

Students who select the entrepreneurship concentration in a business administration program may be required to take an introductory or fundamentals of entrepreneurship class. In this course, students will learn about the topic of entrepreneurship broadly by touching on the role that entrepreneurship plays in the economy, how new ventures are formed, and the ways in which they are funded. In addition, students will study general marketing strategies of entrepreneurial ventures and how these ventures are structured.

Funding and Finances of Entrepreneurial Ventures

Students who are pursuing an entrepreneurship concentration may find that a course focused on funding and the financial aspects of entrepreneurship is required. In such a course, students will learn about accounting practices for new ventures, how to make sure they are properly adhering to various financial regulations, how to correctly file financial reports, and how to manage cash flow. In addition, students may learn about how to secure funding for entrepreneurial ventures and various ways of managing money.

Entrepreneurial Marketing

These concentrations also often require students to take a course in entrepreneurial marketing. In this class, students will study the function of marketing in business while looking at the role that marketing can play in new ventures specifically. Some topics that may be discussed in this course include competitive analysis, market analysis of new products, how to enter a market, and developing marketing strategies.

Entrepreneurial Venture/Launch

Another common course in these programs is a course that requires students to put all of their knowledge to the test by coming up with their own original entrepreneurial idea. Students may be required to work on their own or in a team to create a business plan and strategies and see the business launch through from beginning to end. Students will likely be required to report on the success of their idea to complete the course.

E-Business

Another common elective that students may also be interested in taking as part of their degree is a course in e-business or e-commerce. In this course, students will learn about how technology has changed the world of business and how it can be used to a business's advantage. Some topics that may be covered in this course include Internet business models, electronic payment, security issues, e-marketing, and web-based applications.

How to Choose a Business Administration: Entrepreneurship Program

When researching various business programs and universities, there are a number of factors that students may want to take into consideration when trying to decide which program to apply for. First, be sure to take a look at the program's course requirements and pay special attention to the entrepreneurship concentration. Some programs offer a greater number and variety of entrepreneurship-specific courses than others. In addition, you may want to check out whether or not schools provide information or assistance in securing internships.

Career Options with a Degree in Business Administration: Entrepreneurship

Students who pursue a degree in business administration and select the entrepreneurship concentration have a number of career options available to them, since this degree is quite dynamic. Of course, some students may wish to start their own business as an entrepreneur in a wide variety of different fields. Other students may wish to begin their career in finance, sales, marketing, or public relations, to name a few options. Some possible choices are listed below:

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