THE ENTREPRENEURSHIP AND BUSINESS LANDSCAPE HAS CHANGED SIGNIFICANTLY ACROSS THE WORLD AS A RESULT OF TECHNOLOGICAL ADVANCE According to Startups.co.uk, there were a record number of start-ups in the United Kingdom in 2014, with 581,173 enterprises registered with Companies House.
Are you considering starting your own business? Or do you want to advance in your existing position? You might want to explore getting a master’s degree in entrepreneurship or an MBA with a concentration on entrepreneurship to help you improve your business and management abilities. Changes in the work environment, as well as changes in how individuals connect and communicate, have all resulted in new opportunities.
There are an increasing number of examples of experts who have decided to start their own firm. While ‘starting a business is easier, faster, and cheaper than ever thanks to modern technologies,’ according to the Chairman of the Centre for Entrepreneurs, Luke Johnson, as stated on Startups.co.uk, 50% of UK start-ups fail within five years, according to RSA data cited by the Telegraph. This is a sign that such projects require highly-trained personnel to focus on long-term planning, operations, day-to-day company management, as well as innovation and employee motivation and engagement.
WHAT SKILLS CAN YOU GET FROM AN ENTREPRENEURSHIP DEGREE?
A master’s degree in entrepreneurship or an MBA with an emphasis on entrepreneurship is designed to enable inventive individuals to become entrepreneurial leaders in a global environment. Innovation management, organisational management, finance, business formation and development, marketing for entrepreneurial enterprises, and project management are among the topics covered in the classes. Their goal is to provide you with the entrepreneurial abilities you’ll need to succeed in a quickly changing globalised environment while also allowing you to grow professionally and personally.
The programmes emphasise personal communication skills, teamwork and people management, as well as presentation abilities, which are important for future entrepreneurs who must be well equipped to persuade investors, attract new company, and increase their chances of success.
WHAT DEGREES ARE AVAILABLE TO YOU?
The most crucial step before commencing on this journey is to choose the correct programme to bring you to your future business profession, therefore learning about the options available is the first step. Business schools across Europe provide a wide range of master’s and MBA programmes in business and management, as well as entrepreneurship.If you’re considering the United Kingdom, the London School of Business, for example, offers master’s degrees in Strategy and Entrepreneurship and Organizational Behaviour; the University of Oxford’s Sad Business School offers master’s degrees in Organizational Leadership and Strategy and Innovation. You might also look into a master’s degree in Management Entrepreneurship and Innovation at the University of Birmingham Business School, Manchester Business School, Imperial College Business School, Nottingham University Business School, or the Newcastle University Business School’s Innovation, Creativity, and Entrepreneurship Master.
If you’re seeking for an MBA with a focus on entrepreneurship, look into Nottingham University Business School’s programme.
If you want to study outside of the UK and want to learn about entrepreneurship, look into master’s degrees or MBAs with a focus on entrepreneurship, such as the Global Entrepreneurship Program offered by EMLYON Business School in France or the Advanced Master in Innovation and Entrepreneurship offered by Solvay Business School in Belgium.
You obtain competitive language skills, you manage to expand a global network, and you learn to appreciate and value diverse cultures through such internationally focused programmes.
You will learn how to work and live in a multicultural environment, which will benefit your business not just in local markets, but also in global business cultures.
WHAT ARE THE CAREER AND BUSINESS OPPORTUNITIES?
The United Kingdom, particularly London, but also Manchester and Birmingham, is a significant draw for aspiring entrepreneurs. The practical aspect and link to the professional world are two of the main benefits of studying a business and entrepreneurship focused degree.
According to CB Insights’ 2014 European Tech Report, venture capital funding in tech startups increased by 78 percent last year.
According to the survey, the United Kingdom leads Europe with 225 deals, followed by Germany with 154 and France with 63.
There are several professional opportunities, and many corporations host start-up competitions or incubators to assist new businesses. Consider the London Google Campus, where entrepreneurs may study, discuss ideas, promote their firm, and attract investors or business partners; or accelerators and incubators like Seedcamp, Microsoft Ventures, Tech Stars, JLAB, or Telefonica’s Wayra.
Through campus events, incubators, and technology and innovation centres, universities and business schools also assist students in connecting with firms and investors.
A degree like this can help you hone your logic abilities and build strategic thinking so you can make a difference within an organisation by bringing in innovation, or even start your own business. You’ll be provided the tools and resources you need to hone your entrepreneurial talents and turn your business ideas into reality.
Check out the entrepreneurship and innovation programmes offered at institutions across the UK and Europe in the online directory at QS Course Finder if you’re looking for a degree focusing on entrepreneurship.