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Should I pursue a master’s degree in entrepreneurship?

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Should I pursue a master's degree in entrepreneurship?

If you’re interested in growing your business, a master’s degree in entrepreneurship can be a good fit. Starting a business can be exciting and daunting at the same time. If you are someone looking to start a business or in the process of doing so, you could equip yourself with relevant business knowledge and skills that are instrumental in the initial stages of planning, launching, and growing a new venture by pursuing a master’s degree in entrepreneurship. While many budding entrepreneurs might pursue a business degree to do an MA in Innovation and Entrepreneurship, it has emerged as a more viable option as it covers starting, launching, growing, and scaling your own business. 

The MA in Innovation and Entrepreneurship degree has been designed for future leaders to empower them with the knowledge and skills to build, lead, and grow a new business. The well-designed programme allows students to explore different components of business and entrepreneurship. Moreover, the industry-specific knowledge gained from this course enables budding entrepreneurs to help add relevance and value to their businesses. 

To earn an MA in Innovation and Entrepreneurship, students must complete various business-related courses. These courses are designed to offer a strong understanding of the elements that makes a business successful. The MA in Innovation and Entrepreneurship course includes the following:

  • Leading innovation in the digital age
  • Financial Accounting for the entrepreneurial firm
  • Strategy for innovation and entrepreneurship
  • Social medial marketing communication
  • Ethics, laws, and communication in decision making
  • Entrepreneurship for the global society
  • Co-designing solution/prototyping

These are the modules you will undergo if you opt for an MA in innovation and entrepreneurship. However, other courses that are undertaken in entrepreneurship programmes might include the following:

  • Design thinking
  • Product development
  • Intellectual property law
  • Leadership skills
  • Business strategy
  • Social entrepreneurship
  • Social media marketing
  • Organisational management

The diversity of a master’s degree in entrepreneurship makes it an ideal qualification with multiple benefits. If you are skeptical about investing in an MA in entrepreneurship degree, here are the advantages that might make you consider it:

  • It goes beyond a business degree: A business degree can offer expertise in marketing or accounting, whereas an entrepreneurship degree looks at the bigger picture and undertakes the holistic study of business operations. 
  • Drastically improves communication skills: To become a successful entrepreneur, you must be confident and spontaneous even in public settings. Most entrepreneurship courses emphasize building strong communication and public speaking skills.
  • Increased career opportunities: Contrary to the popular opinion that an entrepreneur degree only prepares you to start a business, in reality, it prepares graduates for a sea of lucrative job opportunities. Since an entrepreneurship degree does not cater to any specialised knowledge, therefore this degree can open the world of entrepreneur jobs. 
  • A chance to experiment with different business ideas: The unique aspect of an entrepreneurship degree is that it allows students to study to try and implement different ideas without the fear of failure. 

There are many more advantages to pursuing a master’s degree in entrepreneurship. To learn more about the MA in innovation and entrepreneurship programme, log on to our website now!

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