Masters in Entrepreneurship in USA is a 9-24 months course study offered by approximately 155 universities. The top universities in USA for entrepreneurship masters programs are Babson College, University of San Francisco and many more. US holds the third-highest entrepreneurship rate of all the 21 high-income economies of the world. A bachelors degree in an equivalent field like business or science stream is required to pursue the course. Candidates having a GPA of 3.0 or higher or a 4.0 scale are eligible for entrepreneurship course. A minimum of 6.5 IELTS score is required for admission to the program. Applicants require a TOEFL score of 79 or above to get admitted to the universities for entrepreneurship courses in USA.

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For applying to Masters in Entrepreneurship in USA, applicants can apply from early January to early June for fall intake. For spring admission, candidates need to apply by early October to mid-November for spring intake. The documents required to submit for applying Masters in Entrepreneurship are work experience certificate, SOP for USA, resume and LOR. Applicants need to attend an interview session for pursuing the program in top universities. The universities usually take approximately 2 weeks to process the admission of candidates for entrepreneurship courses.

Applicants must pay tuition fees of USD 8,640-57,960 (INR 7,20,391-48,32,737) to seek an entrepreneurship masters degree. The application fees of the universities vary from USD 30 - 150 (INR 2,501-12,506). Candidates can apply for scholarships like Graduate Assistantships, Fulbright Scholarships etc. to afford the cost of studying in USA. The scope of masters in entrepreneurship are Senior Product Manager, Business Development Manager and many more. Applicants get hired by top companies like Google, Apple, Uber, Amazon, DoorDash etc. After completing the course of study, the graduate gets an average annual salary of USD 85,000 (INR 70,87,980).

Masters in Entrepreneurship in USA Highlight Table

A business degree is best for entrepreneurship. A business degree offers students knowledge regarding operational, organizational, and managerial responsibilities of the industries and companies. It is hard to get into entrepreneurship in USA universities. Candidates must secure a minimum GPA of 3.0 or higher in bachelor degree. The highlights for Masters in Entrepreneurship in USA are tabulated below:

Program Masters in Entrepreneurship in USA
Program Type Full time
Program Duration 9-24 months
Minimum Score Requirements GMAT: 500 or higher
GRE: 310 or higher
Annual Tuition Fee USD 8,640-57,960 (INR 7,20,391-48,32,737)
Average Annual Salary USD 85,000 (INR 70,87,980)
Top Recruiters Google, Apple, Uber, Amazon, DoorDash etc.

Why Study Masters in Entrepreneurship in USA?

Candidates opt to apply for entrepreneurial masters programs to attain the benefits of studying in USA. “Is a masters in entrepreneurship worth it”- is the most commonly asked question. Students study entrepreneurship in USA for it offers them a promising career. The reasons for pursuing Masters in Entrepreneurship in USA are detailed below:

  • USA has projected an employment rate for entrepreneurship of 6% from 2018-2028.
  • There will be around 189,200 new job openings in USA over the next decade in the field of accountants.
  • The salaries of entrepreneurs have risen by 4% in the last 5 years.
  • More than 98,183 entrepreneurs have recently got employment in USA.

Masters in Entrepreneurship in USA Areas of Specialization

Candidates often ask what is Masters in Entrepreneurship. Masters in Entrepreneurship gives ideas to develop services, businesses, products, and processes to generate revenue. The subjects in Masters in Entrepreneurship include Entrepreneurship, Finance, Marketing, Accounting etc. The areas of specialization for Masters in Entrepreneurship and Innovation in USA are as follows:

  • Philosophy of Entrepreneurship and Innovation: Deals with the study of solving problems, taking risks and transforming the world into a better place.
  • Organizational Entrepreneurship and Innovation: Focus on the ideas of development and innovation to make a change within organizations.
  • Entrepreneurial Economics: Deals with the study of starting a business and the capabilities of taking business risks.
  • Entrepreneurial Law: Deals with the study of legal aspects of entrepreneurship.
  • Marketing Management: Focus on the study of organizing, planning and monitoring marketing programs and strategies to gain business objectives.

Masters in Entrepreneurship in USA vs MBA in USA

Both Masters in Entrepreneurship and MBA are valuable degrees. Candidates can complete the Masters in Entrepreneurship courses in USA in a shorter period. To seek a degree of MBA in USA, candidates need to study for 2 years. Here, given below is a comparison table of MBA vs MS Entrepreneurship in USA:

Parameters Masters in Entrepreneurship in USA MBA in USA
Duration 9-24 months 24 months
Eligibility 3.0 or higher 3.4 or higher
Top Universities Babson College, University of San Francisco, Rochester Institute of Technology etc. Stanford University, Harvard University, Massachusetts Institute of Technology etc.
Annual Tuition Fees USD 8,640-57,960 (INR 7,20,391-48,32,737) USD 60,000-90,000 (INR 50,03,214-75,04,821)
Average Annual Salary USD 85,000 (INR 70,87,980) USD 94,000 (INR 78,38,293)
Top Recruiters Google, Apple, Uber, Amazon, DoorDash etc. IBM, Accenture, Amazon, Accenture, Google etc.

USD 1 = INR 83.38 as dated on 5th December, 2023

Top Universities Offering Masters in Entrepreneurship in USA

The institutes best for Entrepreneurship in USA are University of San Francisco, Rochester Institute of Technology, University of Texas at Dallas and many more. Here, tabulated below the list of top colleges in USA for MS in Entrepreneurship along with the tuition fees:

Top Universities Courses Offered Annual Tuition Fees
Babson College Masters in Management in Entrepreneurial Leadership USD 21,840 (INR 18,21,031)
University of San Francisco MS in Entrepreneurship and Innovation USD 54,000 (INR 45,02,550)
Rochester Institute of Technology ScienMS in Technology Innovation Management and Entrepreneurship USD 56,884 (INR 47,43,019)
University of Texas at Dallas MS in Innovation and Entrepreneurship USD 19,254 (INR 16,05,409)
Illinois Institute of Technology MS in Technological Entrepreneurship USD 25,680 (INR 21,41,212)
Loyola Marymount University MS in Entrepreneurship and Sustainable Innovation USD 57,960 (INR 48,32,737)
New York University MS in Computing, Entrepreneurship and Innovation USD 54,516 (INR 45,45,574)
University of South Florida Master of Science in Entrepreneurship in Applied Technologies USD 15,864 (INR 13,22,749)
Brown University MSc in Innovation Management & Entrepreneurship USD 49,242 (INR 41,05,825)
Peru State College MS in Organizational Management USD 8,640 (INR 7,20,391)

USD 1 = INR 83.38 as dated on 5th December, 2023

Masters in Entrepreneurship in USA Admission Procedure

Candidates must start applying for masters in USA before the end of the 2nd year of bachelor course study. MA or MS in Entrepreneurship degrees are both best for Entrepreneurship in US. The procedure for admission to US Universities for Masters in Entrepreneurship are detailed below:

  • Choose the universities to apply for Entrepreneurship Masters in USA.
  • Check eligibility criteria and deadlines
  • Login to the university portal.
  • Fill out the application form.
  • Upload the required documents
  • Pay the application fee
  • Attend the interview session, if required.

Masters in Entrepreneurship in USA Eligibility Criteria

Applicants need to have a minimum bachelors degree with a 3.0 GPA for applying to Masters degree. The Entrepreneurship MS in USA eligibility for top universities are as follows:

  • Bachelor degree in an equivalent field.
  • IELTS: 6.5 or above
  • TOEFL: 79 or above
  • PTE: 53 or higher
  • Duolingo English Test: 105 or higher
  • GMAT: 500 or higher
  • GRE: 310 or higher

Masters in Entrepreneurship in USA Documents Required

Candidates need 1-2 letters of recommendation for applying Masters in USA. International students require a US student visa to apply for the program in USA. For seeking business entrepreneurship and innovation degree, the documents that need to be submitted are as follows:

  • Academic transcripts.
  • Work Experience certificate, if required
  • Statement of purpose
  • 1-2 LOR for USA
  • English language proficiency scorecards.
  • Resume or CV
  • Bank Statements
  • Interview

Masters in Entrepreneurship in USA Application Fee

MS application costs between USD 30 - 150 (INR 2,501-12,506) per university. The application fees for Entrepreneurship MS admissions in USA are detailed below:

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USD 1 = INR 83.38 as dated on 5th December, 2023

Masters in Entrepreneurship in USA Application Deadline

Candidates can take admission in fall, spring or summer intakes in USA for Master in Entrepreneurship and Innovation. Applicants can apply early by January to pursue MS in USA. The application deadlines for top universities for Master of Entrepreneurship in USA are as follows:

Top Universities Application Deadline
Babson College Fall Enrollment:
January 10
March 20
April 24
Rolling Admissions
University of San Francisco

Spring Deadline:
October 15 (Round 1)
November 15 (Round 2)
Fall Deadline:
November 15 (Round 1)
January 15 (Round 2)
March 15 (Round 3)
May 15 (Round 4)
June 15 (Round 5)

Rochester Institute of Technology Rolling (Fall or Spring)
University of Texas at Dallas May 1 (Fall)
October 1 (Spring)
March 1 (Summer)
Illinois Institute of Technology November 15 (Spring)
March 15 (Summer)
June 15 (Fall)
Loyola Marymount University Fall Enrollment: January 10, 2024 (Round 1)
March 10, 2024 (Round 2)
May 15, 2024 (Round 3)
New York University March 1
University of South Florida June 1 (Fall)
October 15 (Spring)
Brown University February 1, 2024
Peru State College Rolling

Top Universities Entry Requirements for Masters in Entrepreneurship in USA

The exams required for MS in USA are IELTS, TOEFL, PTE, DET, GMAT or GRE. The minimum score requirements for the exams to study in USA for Masters of Science in Entrepreneurship are as follows:

Top Universities Standardized Score Required ELP Requirements
Babson College No GMAT or GRE required TOEFL: 100
IELTS: 7.5
PTE: 65
Duolingo English Test: 130
University of San Francisco GMAT or GRE score not required IELTS: 6.5
TOEFL: 92
Duolingo English Test: 120
Rochester Institute of Technology No minimum GMAT or GRE score required TOEFL: 88
IELTS: 6.5
PTE: 60
University of Texas at Dallas GMAT: 600
GRE: 310
IELTS: 6.5
TOEFL: 80
PTE: 67
Duolingo English Test score: 105
Illinois Institute of Technology No GRE or GMAT scores required TOEFL: 80
IELTS: 6.5
Loyola Marymount University No GMAT or GRE scores required TOEFL: 100
IELTS: 7.0
Duolingo English Test: 130
New York University GRE scores required.
GMAT scores will not be accepted.
TOEFL score: 100
IELTS: 7.0
University of South Florida GMAT: 500 or higher
GRE Verbal: 153
IELTS: 6.5
PTE: 53
TOEFL: 79
Duolingo English Test: 110
Brown University GMAT is accepted instead of GRE score TOEFL: 90
IELTS: 7
Peru State College GMAT or GRE scores are not required. IELTS: 6.5
TOEFL: 79

Cost of living in USA

Candidates need an average amount of around USD 10,000-18,000 (INR) per year to live in USA. The cost of living in USA for pursuing Master in Entrepreneurship are as follows:

Top Universities Annual Cost of living
Babson College USD 27,632 (INR 23,03,982)
University of San Francisco USD 26,570 (INR 22,15,432)
Rochester Institute of Technology USD 19,370 (INR 16,15,091)
University of Texas at Dallas USD 38,166 (INR 31,82,321)
Illinois Institute of Technology USD 24,736 (INR 20,62,514)
Loyola Marymount University USD 31,434 (INR 26,21,000)
New York University USD 34,616 (INR 28,86,318)
University of South Florida USD 19,439 (INR 16,20,844)
Brown University USD 21,992 (INR 18,33,747)
Peru State College USD 13,496 (INR 11,25,329)

USD 1 = INR 83.38 as dated on 5th December, 2023

Masters in Entrepreneurship in USA Scholarships

It is possible to get 100% scholarship for Masters in USA. Applicants must secure a strong academic record and good English language proficiency scores to get 100% scholarship benefits. Candidates aims to apply the best Master in Entrepreneurship can apply for the following scholarships to study in USA:

Top Universities Scholarships Name Eligibility Benefits
Babson College Babson Diversity Leadership Fellowship Students enrolled in Masters in Entrepreneurship programs are eligible USD 10,000-30,000 (INR 8,33,424-25,00,273)
University of San Francisco International Merit Scholarships Students pursuing graduate programs Varies
Rochester Institute of Technology GyanDhan Scholarship Candidates pursuing masters programs USD 1,200 (INR 1,00,000)
University of Texas at Dallas Dean’s Excellence Scholarships Students enrolled in graduate programs in Naveen Jindal School of Management USD 1,000 (INR 83,342)
Illinois Institute of Technology IGlobal First Country Scholarship Students must haveIELTS score of 6.0 and TOEFL score of 70 Up to USD 2700 (INR 2,25,025)
Loyola Marymount University Graduate Assistantships Students pursuing graduate programs Varies
New York University Global Citizen Scholarship Students must have strong academic background Varies
University of South Florida Fulbright Scholarships International students pursuing graduate programs Varies
Brown University Agnes Jones Jackson Scholarship International students must have GPA of 2.5 or higher in bachelor degree USD 2,500 (INR 2,08,356)
Peru State College International Student Scholarship International student enrolled in Peru State College Varies

USD 1 = INR 83.38 as dated on 5th December, 2023

Jobs after Masters in Entrepreneurship in USA

The salary of MS in Entrepreneurship in USA varies from USD 52,452-139,396 (INR 43,74,103-1,16,24,581). The average annual Masters in Entrepreneurship salary of graduates is USD 85,000 (INR 70,87,980). The table below highlights jobs after MS in USA for Entrepreneurship courses:

Job Title Average Annual Salary
Senior Product Manager USD 128,247 (INR 1,06,94,838)
Product Manager, Software USD 87,086 (INR 72,62,319)
Business Development Manager USD 52,452 (INR 43,74,103)
Sr. Program Manager, Software Applications USD 139,396 (INR 1,16,24,581)
Product Marketing Manager USD 68,392 (INR 57,03,380)
Associate Product Manager USD 88,254 (INR 73,59,722)
Project Manager, (Unspecified Type / General) USD 81,571 (INR 68,02,410)

USD 1 = INR 83.38 as dated on 5th December, 2023

Top Recruiters for Masters in Entrepreneurship in USA

Entrepreneurship is a good career option since candidates get wide career opportunities. Candidates get hired in high-paying Masters in Entrepreneurship jobs in USA after completing the program. The top companies for Master in Entrepreneurship USA are as follows:

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Work Permit

Candidates can apply for F1 visa or J1 visa for pursuing Masters in Entrepreneurship and Innovation in USA. For this, applicants need to be enrolled for a full-time course study. The documents required for getting the visas are academic transcripts, passport, standardized test scores and English language proficiency scores. The total F1 visa fee for application is USD 185 (INR 15,417). The visa application fee for a J1 visa is also the same. Candidates can apply for H1B visa to attain jobs in USA after completing the course study. Applicants need to have a job offer from a US employer to get this H1B visa. The validity of this H1B visa is for 3 years and further can be extended to 6 years.

ROI for Top Universities Offering Masters in Entrepreneurship in USA

Candidates get high salary after MS in USA for Entrepreneurship programs. Peru State College offers the best ROI of 384%. Candidates can opt for other universities like University of South Florida, Illinois Institute of Technology etc. to get better ROI. The table below shows the ROI of the top universities for Masters in Entrepreneurship in USA:

Top Universities Annual Tuition Fees Annual Cost of living Total Expenses Annual Average Salary ROI
Babson College USD 21,840 (INR 18,21,031) USD 27,632 (INR 23,03,982) USD 49,472 (INR 41,23,914)









USD 85,000 (INR 70,87,980)
172%
University of San Francisco USD 54,000 (INR 45,02,550) USD 26,570 (INR 22,15,432) USD 80,570 (INR 67,16,198) 105%
Rochester Institute of Technology USD 56,884 (INR 47,43,019) USD 19,370 (INR 16,15,091) USD 76,254 (INR 63,56,423) 111%
University of Texas at Dallas USD 19,254 (INR 16,05,409) USD 38,166 (INR 31,82,321) USD 57,420 (INR 47,86,448) 148%
Illinois Institute of Technology USD 25,680 (INR 21,41,212) USD 24,736 (INR 20,62,514) USD 50,416 (INR 42,02,605) 168%
Loyola Marymount University USD 57,960 (INR 48,32,737) USD 31,434 (INR 26,21,000) USD 89,394 (INR 74,51,754) 95%
New York University USD 54,516 (INR 45,45,574) USD 34,616 (INR 28,86,318) USD 89,132 (INR 74,29,914) 95%
University of South Florida USD 15,864 (INR 13,22,749) USD 19,439 (INR 16,20,844) USD 35,303 (INR 29,42,842) 240%
Brown University USD 49,242 (INR 41,05,825) USD 21,992 (INR 18,33,747) USD 71,234 (INR 59,38,034) 119%
Peru State College USD 8,640 (INR 7,20,391) USD 13,496 (INR 11,25,329) USD 22,136 (INR 18,45,247) 384%

Candidates intending to pursue Masters in Entrepreneurship in USA can go through the above-mentioned deadlines and tuition fees. The application fees for masters in USA vary between USD 30 - 150 (INR 2,501-12,506). Students are required to have good academic performance and must qualify for the interview process to pursue the program. Applicants can apply for scholarships or financial aid to afford the cost of living in USA.

FAQs

Ques: Which Master degree is best for entrepreneurship?

Ans: MA or MS in Entrepreneurship both degrees are best for entrepreneurship courses in USA.

Ques: Can we do masters in entrepreneurship?

Ans: Candidates must secure a GPA of 3.0 or higher to apply for Masters in Entrepreneurship in USA.

Ques: What is the scope of masters in entrepreneurship?

Ans: Candidates find jobs in different designations like Product Manager, Business Development Manager etc. after completing Masters in Entrepreneurship in USA.

Ques: What major is closest to entrepreneurship?

Ans: A business degree is the closest program related to entrepreneurship. It also offers ideas regarding business development and management.

Ques: How can I become an entrepreneur after MSC?

Ans: Candidates must search for profitable business ideas and determine the goal set. Applicants must develop their network and create an effective business plan to become an entrepreneur after their MSc.

Ques: Is it hard to get into Entrepreneurship?

Ans: For applying to Masters in Entrepreneurship in USA, applicants need to have a 3.0 GPA or higher on a 4.0 scale.

Ques: Which country is best for MS in Entrepreneurship?

Ans: The countries that are best for MS in Entrepreneurship are USA, UK, Canada, Germany and Spain.

Ques: How many years is the master in Entrepreneurship program?

Ans: Master in Entrepreneurship program in USA lasts for 9-24 months.

Ques: Is Entrepreneurship subject good?

Ans: Entrepreneurship field offers students a wide range of career opportunities with a high salary package.

Ques: What is the salary of MS in entrepreneurship in USA?

Ans: The graduates earn an average annual salary of USD 85,000 (INR 70,87,980) after completing MS in Entrepreneurship in USA.