Is Getting Degree In Entrepreneurship A Good Idea? Job And Career Options After It


Is Getting Degree In Entrepreneurship A Good Idea? Job And Career Options After It

Table of Content:

Entrepreneurship has become one of the most sought-after career options for independent individuals. The Startup environment is booming globally and there are a lot of successful businesses that are being built consistently. Successful startups are responsible for setting industry standards of their own and taking the industry forward. 

In India, a lot of startups got the advantage of national exposure through the TV show, “Shark Tank India”. In the USA too several startups became success stories solely because of the exposure they got on Shark Tank USA. Venture Capital firms are always eager to invest in innovative startups, providing the necessary funding to expand the business. Many students now are looking for degree in entrepreneurship than ever before. 


Is Degree in Entrepreneurship Worth It? 

A degree in entrepreneurship can help elevate your business skills and can help you validate your on going business. This degree will give you a different wat of thinking and vision. It’ll not only benefit in starting your business but also help you, if you decide to do a job after this degree. 

How to become entrepreneur after 12th? 

  1. Diploma in Entrepreneurship. 
  1. BBA in Entrepreneurship. 
  1. Post Graduate Diploma in Entrepreneurial Management 
  1. Post Graduate Diploma in Entrepreneurship. 

Advantages of Entrepreneurship degree: 

If you are looking forward to running your own business efficiently, an entrepreneurship degree will give you the knowledge and skills you need to build your own business. A degree in entrepreneurship will provide you with a solid foundation in finance and management. 

Entrepreneurship involves solving one or several problems in an industry and leading to significant developments in it. An entrepreneur can also focus on providing certain services to people who need them. Entrepreneurship has tremendous scope universally. 

A degree in entrepreneurship teaches you pivotal life skills such as being able to co-operate, collaborate and work in a team, finding unconventional solutions to solve complex problems that do not have a definite solution. Such skills can be utilized well beyond the classroom. 

Nowadays a lot of young people are starting their own businesses leading to more innovation in the country. An entrepreneur, as a principle, must be able to think differently in order to run a successful business. Entrepreneurship is a profession that will give you unusual levels of satisfaction and a sense of independence. 

Other than starting a new business, a degree in entrepreneurship can enable you to work as a business consultant in government organizations and in other companies. You can also find jobs such as business reporter or fundraiser for other startups.  

Benefits of a degree in Entrepreneurship 

If you’re looking to build a career in a company after completing a degree in entrepreneurship you can opt for jobs like Business Consultant, Sales Manager, Recruiter, Human Resources, Public Relations, etc. The skills you acquire while pursuing a degree in entrepreneurship are: 

  1. Students learn to navigate an ambivalent future 

Students nowadays must be prepared to face a future that will involve environmental issues like climate change and global warming as well as social issues. A lot of industries have the potential to be automated leading to a steep decline in the number of employees required to work on a project. To navigate this uncertain future, students can utilize skills learnt during their entrepreneurship education in problem solving and create several jobs within an industry while rewarding challenging work as much as creative work. 

    2. Students learn to identify problems 

Every university specializes in problem solving but while pursuing entrepreneurship you will also learn to identify problems with potential solutions. The problems we solve normally are the ones that are clearly defined and understood by someone before us and there are existing solutions to the problems. 

    3. Students learn to make the world a better place 

Entrepreneurs work to solve problems that people face in their daily lives and create certain products and services for them. As discussed earlier, entrepreneurs strive tirelessly to make a difference and their efforts help to make the world a better place to live. While building their own future, entrepreneurs often end up securing and improving the futures of other people. 

Disadvantages of Entrepreneurship degree:

Though a degree in entrepreneurship can validate your business skills, some people may argue that there are entrepreneurs who succeed without a degree let alone a degree in entrepreneurship. 

The time spent in classes can be invested into developing your business idea. But still, majoring in entrepreneurship will give you an edge in understanding your own business since the focus is more on effectual reasoning in order to determine in which direction your company is moving. 

Professional opportunities after a degree in entrepreneurship 

A degree in entrepreneurship gives you more job opportunities like Business Consultant, Public Relations Manager, Financial Advisor, Marketing Manager. However, if you want to start your own business there are a lot of fields where you can strike out. 

  1. E-Commerce. 

The e-commerce industry is one of the largest industries on the planet and Shopping is unarguably one of the most sought-after activities on the internet. Whether you want to create an online marketplace or auction site or be a distributor, there is a lot of potential on the internet to get started. 

     2. Delivery Services. 

The Food Delivery industry is one of the fastest growing industries with an estimated compound annual growth rate (CAGR) of 13.0 until 2028. Grocery Delivery, Restaurant Delivery or delivering any stuff people buy on the internet can create a tenable business model. 

     3. Edtech (Education Technology). 

Education Technology is another fast-growing industry with an estimated CAGR of 19.9% until 2028. It includes a lot of technologies like Internet of Things (IoT), Artificial Intelligence (AI), Augmented Reality (AR) which means there is tremendous potential for a successful startup in this industry. There is also scope for startups that provide education to several students in the format of online lectures and online courses or a platform for teachers to share resources. 

     4. Fintech (Financial Technology). 

The tech-savvy entrepreneurs will find this industry extremely lucrative. The fintech industry marks up 7.1% percent market share of the entire technology industry making it hard to miss. A startup providing unconventional financial services will do extremely well in this industry. 

Is a degree in Entrepreneurship worth it?  

A degree in entrepreneurship teaches you to value teamwork and work on improving people’s lives. The global marketplace is expanding at a monumental rate and there will be a lot of opportunities for innovation in the form of startups. So, if you want to understand the workings of your company at a more intellectual level and build a great business by partnering with great people or want to build a successful career in other companies then you should go right ahead and pursue an entrepreneur degree

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