Best Online MBAs in Entrepreneurship In 2024 – Forbes Advisor

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Best Online MBAs in Entrepreneurship In 2024

Education Writer
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Reviewed

Updated: Feb 5, 2024, 5:10am

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.

Many professionals are drawn to advanced business degrees because of the field’s interdisciplinary nature. In fact, business has become the most popular major at both the undergraduate and graduate levels, according to the National Center for Education Statistics (NCES).

While prospective business majors have many programs to choose from, those looking to start their own venture might be drawn to an online MBA in entrepreneurship. In the U.S., 2021 and 2022 each saw the creation of more than 5 million new businesses, according to the U.S. Chamber of Commerce. This goes to show the importance of entrepreneurship in driving innovation and economic growth across the country.

A flexible online MBA in entrepreneurship prepares aspiring entrepreneurs for business success, allowing them to build advanced skills without quitting their day jobs. To help these future business leaders find the right program, we ranked the 10 best online MBAs in entrepreneurship and highlighted what sets each program apart.

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Best Online MBAs in Entrepreneurship


Bellevue University

Bellevue University

Graduate Tuition

$649/credit

Percentage of Grad Students Enrolled in Distance Education

100%

Overall Graduation Rate

50%

Bellevue University

$649/credit

100%

50%

Editor's Take

Located in Washington, Bellevue University offers more than 75 online degrees, including an online MBA with 21 concentrations. Accredited by the International Accreditation Council for Business Education (IACBE), the online MBA in entrepreneurship focuses on growth and social ventures.

Bellevue’s online classes run asynchronously and feature classes of 24 students or less. The program starts multiple times throughout the year and allows online learners to create their own schedules. Bellevue also offers an accelerated general MBA with an online cohort taking one class at a time.

What To Know
  • Our Flexibility Rating: Learn on your schedule
  • School Type: Private
  • Application Fee: $75
  • Degree Credit Requirements: 36 to 39 credits
  • Program Enrollment Options: Accelerated, part time, full time
  • Notable Major-Specific Courses: Small business operation, entrepreneurial finance
  • Concentrations Available: N/A
  • In-Person Requirements: No

Endicott College

Endicott College

Graduate Tuition

$985/credit

Percentage of Grad Students Enrolled in Distance Education

87%

Overall Graduation Rate

75%

Endicott College

$985/credit

87%

75%

Editor's Take

Set just north of Boston, Massachusetts, Endicott College offers more than 35 online graduate programs for its over 5,000 students. One of 18 concentrations, the online MBA in entrepreneurship emphasizes management, marketing and finance within a small business.

Online learners study asynchronously in six-week courses, giving them the chance to graduate within 18 months. They can also choose from eight annual start dates.

What To Know
  • Our Flexibility Rating: Learn on your schedule
  • School Type: Private
  • Application Fee: $50
  • Degree Credit Requirements: 36 credits
  • Program Enrollment Options: Accelerated, part time, full time
  • Notable Major-Specific Courses: Entrepreneurial enterprise, entrepreneurial venture finance
  • Concentrations Available: N/A
  • In-Person Requirements: No

Salve Regina University

Salve Regina University

Graduate Tuition

$700/credit

Percentage of Grad Students Enrolled in Distance Education

95%

Overall Graduation Rate

70%

Salve Regina University

$700/credit

95%

70%

Editor's Take

Salve Regina University first opened in Rhode Island in 1947. More than 75 years later, the Roman Catholic school enrolls over 2,800 students in over 40 programs, many of which run online.

The IACBE-accredited online MBA features three concentrations, including entrepreneurship, a track designed to help professionals with opportunity analysis and planning. The program features six start dates and asynchronous and self-paced learning options, plus the opportunity to graduate within 18 months.

What To Know
  • Our Flexibility Rating: Learn on your schedule
  • School Type: Private
  • Application Fee: $40
  • Degree Credit Requirements: 36 credits
  • Program Enrollment Options: Accelerated, part time, full time
  • Notable Major-Specific Courses: Leading innovation, business foresight and futuring
  • Concentrations Available: N/A
  • In-Person Requirements: No

Johnson University

Johnson University

Graduate Tuition

$562/credit

Percentage of Grad Students Enrolled in Distance Education

70%

Overall Graduation Rate

60%

Johnson University

$562/credit

70%

60%

Editor's Take

Founded in 1893 in Tennessee, Johnson University offers more than 15 online programs, including an online MBA accredited by the Accreditation Council for Business Schools and Programs (ACBSP). One of seven concentrations, the online MBA in entrepreneurship develops leadership and strategic thinking in students.

Online learners at the Christian university enjoy small class sizes averaging fewer than 15 students. They can also take heavier course loads in each seven-week session to graduate sooner. Along with tuition, MBA students pay $1,500 in total fees.

What To Know
  • Our Flexibility Rating: Learn on your schedule
  • School Type: Private
  • Application Fee: $15
  • Degree Credit Requirements: 36 credits
  • Program Enrollment Options: Accelerated, part time, full time
  • Notable Major-Specific Courses: Entrepreneurial alternatives, project design management
  • Concentrations Available: N/A
  • In-Person Requirements: No

Averett University

Averett University

Graduate Tuition

$655/credit

Percentage of Grad Students Enrolled in Distance Education

100%

Overall Graduation Rate

46%

Averett University

$655/credit

100%

46%

Editor's Take

Set in Virginia, Averett University has nearly 30 years of experience running online MBA courses. One of three concentrations, the online MBA in small business and entrepreneurship prepares students to launch and run their own businesses.

Averett’s online classes run asynchronously through six- or 12-week sessions. The average class has 15 students and allows learners to build heavy course loads to accelerate their degrees. Averett University charges an online resource fee of $150 per semester.

What To Know
  • Our Flexibility Rating: Learn on your schedule
  • School Type: Private
  • Application Fee: Free
  • Degree Credit Requirements: 63 credits
  • Program Enrollment Options: Accelerated, part time, full time
  • Notable Major-Specific Courses: Small business case studies, entrepreneurial marketing strategy
  • Concentrations Available: N/A
  • In-Person Requirements: No

Concordia University Ann Arbor

Concordia University Ann Arbor

Graduate Tuition

$699/credit

Percentage of Grad Students Enrolled in Distance Education

100%

Overall Graduation Rate

34%

Concordia University Ann Arbor

$699/credit

100%

34%

Editor's Take

At Concordia University Ann Arbor, you can pursue an MBA at the Michigan campus or online and pick from 14 concentrations. In the online MBA in innovation and entrepreneurship, you’ll learn how to lead and create in the business world. You’ll also have access to a business coach and pitch practice through the Concordia University Launch initiative.

Online classes run in eight-week sessions and use asynchronous delivery. Entrepreneurship MBA students can also complete an internship or study abroad for credit.

What To Know
  • Our Flexibility Rating: Learn on your schedule
  • School Type: Private
  • Application Fee: Free
  • Degree Credit Requirements: 36 credits
  • Program Enrollment Options: Part time, full time
  • Notable Major-Specific Courses: Strategic innovation, sustainability and social entrepreneurship
  • Concentrations Available: N/A
  • In-Person Requirements: Some field experiences may be available and completed locally

Belhaven University

Belhaven University

Graduate Tuition

$817/credit

Percentage of Grad Students Enrolled in Distance Education

84%

Overall Graduation Rate

45%

Belhaven University

$817/credit

84%

45%

Editor's Take

Founded as a Christian school for women in 1883, Belhaven University in Mississippi now offers programs for all types of students on campus and online. In the online MBA in entrepreneurship, students create a business plan and pitch it to investors at the end of the program. The IACBE-accredited degree features seven-week classes and an 18-month completion time.

Belhaven’s classes feature a 16-to-1 student-to-faculty ratio and Christian mentorship. On top of tuition, online learners pay a technology fee of $30 per credit.

What To Know
  • Our Flexibility Rating: Learn on your schedule
  • School Type: Private
  • Application Fee: $25
  • Degree Credit Requirements: 30 credits
  • Program Enrollment Options: Part time, full time
  • Notable Major-Specific Courses: Economics for the entrepreneur, product and marketing
  • Concentrations Available: N/A
  • In-Person Requirements: No

Southern New Hampshire University

Southern New Hampshire University

Graduate Tuition

$637/credit

Percentage of Grad Students Enrolled in Distance Education

95%

Overall Graduation Rate

40%

Southern New Hampshire University

$637/credit

95%

40%

Editor's Take

Southern New Hampshire University (SNHU) was founded in 1932 and now features more than 200 career-focused online programs. In the online MBA in entrepreneurship, you’ll learn valuable business management skills, including how to launch a new venture.

The ACBSP-accredited program features flexible asynchronous classes and 10-week terms, which allow students to graduate in about one year. SNHU also offers six annual start dates.

What To Know
  • Our Flexibility Rating: Learn on your schedule
  • School Type: Private
  • Application Fee: Free
  • Degree Credit Requirements: 30 to 36 credits
  • Program Enrollment Options: Part time, full time
  • Notable Major-Specific Courses: Consulting, franchising
  • Concentrations Available: N/A
  • In-Person Requirements: No

Concordia University-Wisconsin

Concordia University-Wisconsin

Graduate Tuition

$699/credit

Percentage of Grad Students Enrolled in Distance Education

71%

Overall Graduation Rate

53%

Concordia University-Wisconsin

$699/credit

71%

53%

Editor's Take

Concordia University Wisconsin (CUW) gives MBA students the choice of 14 concentrations, including an online MBA in innovation and entrepreneurship. The program teaches students how to raise venture capital and develop planning strategies. Students also pair up with a business coach and access a pitch practice initiative.

Along with asynchronous online sessions, CUW offers synchronous classes in accelerated, eight-week sessions. The program incorporates six experiential learning credits that may include an internship or an industry leader seminar series.

What To Know
  • Our Flexibility Rating: Learn around your 9-to-5
  • School Type: Private
  • Application Fee: Free
  • Degree Credit Requirements: 36 credits
  • Program Enrollment Options: Accelerated, part time, full time
  • Notable Major-Specific Courses: Marketing research and intelligence, strategic innovation
  • Concentrations Available: N/A
  • In-Person Requirements: Some field experiences may be available and completed locally

Trevecca Nazarene University

Trevecca Nazarene University

Graduate Tuition

$590/credit

Percentage of Grad Students Enrolled in Distance Education

73%

Overall Graduation Rate

52%

Trevecca Nazarene University

$590/credit

73%

52%

Editor's Take

Founded in Nashville in 1901, Trevecca Nazarene University has more than 20 years of experience in online education. One of nine specialty tracks, the online MBA in entrepreneurship and innovation equips students with the skills to start and run their own small businesses.

The Christian school offers a 15-month accelerated pathway or a 20-month traditional track. MBA students also have access to professional mentorship and the support of their cohort. On top of tuition, Trevecca Nazarene charges a $50 technology fee per course.

What To Know
  • Our Flexibility Rating: Learn around your 9-to-5
  • School Type: Private
  • Application Fee: N/A
  • Degree Credit Requirements: 36 credits
  • Program Enrollment Options: Accelerated, part time, full time
  • Notable Major-Specific Courses: New venture creation, small business management
  • Concentrations Available: N/A
  • In-Person Requirements: No

Should You Enroll in an Online MBA in Entrepreneurship Program?

Before enrolling in an online MBA in entrepreneurship, you’ll want to consider a few factors:

  • Schedule: Online learning offers unparalleled scheduling flexibility with asynchronous or synchronous classes. While asynchronous courses set deadlines for coursework, they are otherwise self-paced. Synchronous delivery uses scheduled class times, but classes typically take place during the evenings or weekends.
  • Learning style: Online classes offer plenty of freedom, but they require more organization and independence than traditional classrooms. You’ll need to lean on your time management skills as an online student.
  • Classroom environment: While many virtual classrooms simulate the classroom experience well, online classes still tend to offer less interaction with peers and teachers. Instead of communicating in person, you’ll collaborate via forums and online meeting spaces. If you prefer in-person learning, a hybrid or on-campus degree might better suit you.

Accreditation for an Online MBA in Entrepreneurship

There are two types of accreditation to understand in higher education: institutional and programmatic.

Institutional accreditation should be considered mandatory, as this status can affect your eligibility for financial aid, your ability to transfer credits and future employment opportunities. Institutional accreditors review each school’s programs, resources and outcomes to ensure they meet the highest standards.

Institutional accreditation must come from an organization approved by the Council for Higher Education Accreditation (CHEA) or the U.S. Department of Education.

Programmatic accreditation is not mandatory, but it does provide quality assurance and help with employment. An MBA might hold accreditation from any of three organizations:

  • The Accreditation Council for Business Schools and Programs
  • The Association to Advance Collegiate Schools of Business
  • The International Accreditation Council for Business Education

How To Find the Right Online MBA in Entrepreneurship for You

Once you’ve decided to pursue an online degree, it’s time for the fun part: narrowing your options. Here’s where you can start.

Consider Your Future Goals

The ideal MBA degree program should align with your career goals. Think about what you want from your future program, and seek schools that tick your boxes.

For example, if you don’t have a business background and you need experiential learning, look for a program with an internship or another practical component. If you need professional guidance, seek one with mentorship or networking opportunities.

You might also prioritize programs with courses that address your specific improvement areas or needs, such as venture capital, marketing or business plan development. Some schools might stand out because of the facilities or extracurriculars they offer you, such as pitch assistance or a startup incubator.

Understand Your Expenses and Financing Options

Tuition prices for our top-ranking entrepreneurship MBAs cost between $562 and $817 per credit. Over a standard 15-credit academic year, that comes out to between $8,430 and $12,255. All of the schools on our top-10 list are private universities. For comparison, according to the National Center for Education Statistics (NCES), graduate tuition and fees at private schools cost $20,015 on average for the 2022–23 academic year.

While the programs above cost considerably less than the national averages, you should still explore your financial aid options. Start by completing the Free Application for Federal Student Aid (FAFSA®), which could lead to federal loans, grants and scholarships. Your school may also use FAFSA to determine your eligibility for institutional awards.


Frequently Asked Questions (FAQs) About Online MBAs in Entrepreneurship

Is an MBA in entrepreneurship worth it?

An MBA can bring many benefits, such as qualifying graduates for many different management careers and the financial rewards that come with them. An MBA in entrepreneurship in particular equips learners with the skills to start and lead their own businesses.

Is an online MBA taken seriously?

Yes, an online MBA carries the same weight as an in-person MBA as long as you earn the degree from an accredited college. In many cases, the same professors who teach a school’s’ on-campus MBA classes teach the online classes as well. The only differences between online and on-campus studies are the delivery method and style of learning required.

What is the difference between MBA and MBA entrepreneurship?

A general MBA and an MBA in entrepreneurship differ only by specialization. In addition to general core courses, MBA students concentrating in entrepreneurship take specialized courses focused on creating and managing a small business venture.


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