How an MBA in Entrepreneurship is paving the way for future business owners | Top Universities
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How an MBA in Entrepreneurship is paving the way for future business owners

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Craig OCallaghan

Updated Jul 27, 2023
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Entrepreneurship can be a daunting journey – not only is there no one-size-fits-all route, but many factors need to be considered to acquire the skills, experience, and mindset necessary to succeed.

The competitive nature of working industries is increasingly leading to a preference for independent, thought-provoking individuals. But what does it mean to be an entrepreneur? and is an MBA worth studying for it?  

What is entrepreneurship and how does it benefit you studying for an MBA?

Entrepreneurship plays an important role in today’s society – an entrepreneur is defined as someone who establishes a business or businesses, taking financial risks in the hope of making a profit. The role may seem straightforward, but it requires a wide array of skills, such as agility, leadership, good analytical skills and a willingness to embrace change – calculated risks for a startup addressing an emerging community need. 

In terms of supporting worldly economic issues, the UN also believe it wouldn't have been possible to withstand the global catastrophes that occurred during the pandemic, for example, without the individuals who approached their roles and responsibilities entrepreneurially.

Studying for an MBA is an ideal route to providing the best prospects for success for aspiring entrepreneurs. By having access to the right mentors, resources and networks, students can gain valuable insight into the business landscape and leverage that knowledge and experience to create their own successful ventures.

Additionally, having access to the right tools and strategies can help you to find the right investors, develop the right business model, and create the right partnerships to drive growth and success.

MBA careers in entrepreneurship

Leadership doesn't just exist in one industry, it transcends all workplaces as the attributes of good communication, time management, collaboration, and negotiation are vital. If you choose to study for an MBA in entrepreneurship, you are spoiled for choice in what area of work you want to pursue.  

In specialist modules that develop your entrepreneurial skills, you can explore the following careers:

  • Founder & CEO
  • Venture Capitalist
  • Startup Consultant
  • Venture Creation Lead
  • Business Development Director
  • Senior Product Manager
  • Business Innovation Consultant
  • Sales Manager
  • Business Analyst

One of the core values at IE Business School is to push their students to become highly motivated and innovative business leaders, which has led to entrepreneurship being a great study area for many students. As of today, IE University trains over 1,500 students every year in entrepreneurial management, while 25% of its alumni have started their own companies. 

A unique aspect of the institution is its focus on creating an environment in which creativity, critical thinking and innovation can flourish.

In the QS Online MBA Rankings 2023, IE Business School is ranked first in Europe, and fourth worldwide in teaching entrepeneurship (according to the Financial Times MBA Rankings 2022).

What courses are available at IE Business School?

IE University offers courses and programmes that specifically cater to the needs of entrepreneurs: 

‘Entrepreneurship and Corporate Innovation in the International MBA’ 

By entering this pathway, you will have the knowledge and skills you need to be a thriving businessperson – whether you launch your own enterprise, kick-start the growth of a scale-up or join a corporate unit focused on innovation or venture capital. By instilling a 'can do' mindset and practical skills, you can achieve your specific goals and purposes. 

With a study duration of 11, 15 or 19 months, ‘The International MBA’ gives you the flexibility to design a customised academic journey aligned with your unique career objectives, expertise and timeframe. No matter whether your goals surround accelerating your career, exploring new possibilities, or multiplying your opportunities with a dual degree, you can choose the duration that suits you best.