The Business Administration - Entrepreneurship Career
Attractive Career OptionsUnlike other majors, the entrepreneurship program has no obvious entry-level starting job. Entrepreneurs create their own opportunities. Many who aspire to owning and operating their own businesses start out working for established entrepreneurs, learning from their successes and experiences before going out on their own. Other students begin their ventures while still in college and devote full-time to that effort once they have completed their degree (Pizza Hut was started while its two founders were still in college, as was Dell Computers; the business plan for FedEx came out of a class assignment for its founder.). Still others start out in large corporations that use an intrapreneurial business model, creating an entrepreneurial envi ronment inside an organization.
Because there is no established career “track” for the entrepreneur major, there is no set salary range. Indeed, most entrepreneurs chafe at the very notion of a “salary.” Entrepreneurs work to create profits, to create their own wealth, unencumbered by salary ranges. Still, there are a number of elements that factor into a compensation scheme. Among these are work history (including co-ops and internships), geographical preferences, academic record, cocurricular activities, maturity, work ethic, commitment and personality. Today’s college graduate is expected to add value from the first day on the job. S/he cannot expect an employer to carry them until they learn the ropes.
Graduate SchoolSome entrepreneurship majors go on to graduate school. For most that means either an M.B.A. or law school, although some continue on for a doctorate and a career in education.
As with all degrees in business, the opportunities for an entrepreneurship major are limited only by the student’s energy, determination, learned skills, imagination and ambition. |