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PhD in Entrepreneurship

What is entrepreneurship?

Entrepreneurship deals with various aspects of business management, particularly running a successful business, new product development and other innovative approaches to business and industry. Entrepreneurs are skilled in the ability to visualize a radicallynew business idea or gadget and work towards achieving it. Most of today's businesses started out as entrepreneurial projects. Professionals with a degree in entrepreneurship are trusted with managing various business aspects including product development, funding, purchasing and distribution, marketing, and accounting.

Admission requirements

Admission into the program may be highly selective with only a handful accepted from a vast pool of applicants. The following should serve only as a general list of admission requirements.

  • Academic excellence as reflected in the undergraduate and graduate grades
  • Selection of courses
  • Statement of purpose
  • Work experience
  • Letters of recommendation
  • GMAT/GRE scores
  • Honors, awards, and scholarships earned

Curriculum

Candidates are examined on:

  • Coursework
  • Dissertation
  • General examination

Candidates with a master’s degree may be able to complete their doctoral degree in 4 years. PhD candidates without a bachelor’s degree may take longer. They will need to take foundational courses in economics, management, marketing, finance and accounting.


Coursework

It is important to note that the credit hours and courses mentioned below may vary with different institutes. Candidates are expected to successfully complete 45 hours of required courses. The breakdown is mentioned below,

  • Entrepreneurship (9 hours)
  • PhD seminars in management (12 hours)
  • Statistics and research methods courses (15 hours)
  • Elective courses (9 hours)
With a Ph.D. in Entrepreneurship, there are a wide range of job opportunities to choose from, including positions in research and academia.
entrepreneurship phd programs

Courses

1st Year (Fall)




Featured Programs

  • Univariate Statistics
  • Seminar in Entrepreneurship
  • Seminar in Organization Theory

1st Year (Spring)


  • Multivariate Statistics
  • Seminar in Technology Innovation
  • Seminar in Organizational Behavior

1st Year (Summer)

  • Directed Readings in Entrepreneurial Decision-Making

2nd Year (Fall)

  • Factor Analysis and Structural Equation Modeling Statistics
  • Seminar in Strategic Management
  • Seminar in Research Methods

2nd Year (Spring)


  • Advanced Quantitative Analysis
  • Development of Managerial Thought
  • Seminar in Sociological Foundations

2nd Year (Summer)


  • Seminar/Readings in Venture Development or Resource Acquisition

3rd Year (Fall)

  • Elective Courses

Research Paper
All candidates are required to undertake a supervised research project in the second year. The objective is to make a theory-based empirical contribution to the existing literature on entrepreneurship.
General Examination
Prior to starting the dissertation, candidates will be required to pass a written exam covering:

  • Coursework in major, concentration and elective courses
  • Understanding of the entrepreneurship research literature
  • Ability to create and justify a research design based on an assigned phenomenon to be investigated

Dissertation
A candidate starts his/her doctoral dissertation upon successful completion of the general examination. A doctoral advisory committee oversees the formulation, completion and evaluation of the candidate’s dissertation.
 

Concentrations

The fields of specialization offered in entrepreneurship include:


  • Industrial organization
  • New venture setup and finance
  • International management
  • Strategy development and technological innovation
  • Technology entrepreneurship
  • Operations management
  • Marketing
  • Management
  • Informational systems
  • Accounting

Financial assistance

Each university will have its own fee structure for its PhD programs. However, what most, if not all, universities do is provide their PhD candidates with financial assistance. This is important since the program requires rigorous work and does not leave time for candidates to pursue jobs outside their campus. Candidates may therefore be provided with stipends in return for serving as research assistants, instructors and teaching assistants. Candidates may further be financially assisted with an in-state tuition status.  Some universities may provide complete tuition waiver to their PhD candidates as well.
Teaching assistance involves lecturing, grading and proctoring. They are not responsible for the course however. An instructor, on the other hand, is responsible for the course. A research assistant collaborates with a faculty members on a research project.

What are the career prospects?

A doctoral degree in entrepreneurship is ideal for those who wish to pursue a career in academia, besides qualifying them to apply for positions in the commercial banking andinvestment sector, engineering and manufacturing companies and research organizations. They may also decide to start their own business.
 

How long does it take to get a Ph.D. in Entrepreneurship?

Generally, a Ph.D. program will take 5 to 6 years to complete. However, some students have taken as long as 9 years to finish their coursework and Ph.D. dissertation. To get a Ph.D. in entrepreneurship, you will have to spend 4 years in school. There are many different specializations offered within this Ph.D. program. While generally, you may be able to opt for accelerated programs; this is not the case for most Ph.D. programs.

What are the requirements to get a Ph.D. in Entrepreneurship?

Your Ph.D. program will be divided into two major portions. During the first two years, you will be attending classes and learning about entrepreneurship. In the last two years, you will be focusing almost entirely on your Ph.D. dissertation. Part of any program that requires you to conduct primary research is a course or two on research methods. Students are also required to take courses on statistics, economics, organizational behavior, psychology, business strategy and finance.

How much can I make with a Ph.D. in Entrepreneurship?

After getting a Ph.D. in entrepreneurship, you will be qualified to teach students at universities. Most people with a Ph.D. enter academia and get into teaching. According to the U.S Bureau of Labor Statistics, the median annual wage for postsecondary teachers was $78,470 per annum. An alternative career path would be to join the business industry and work in management positions. The annual median wage for management positions as of May 2018 was $104,240. You may also start a new business venture of your own.

Frequently Asked Question(s)

Q:What are the contents of the course on College Mathematics in the Doctoral in Entrepreneurship programs?

A:The Doctoral in Entrepreneurship degree programs in the United States have dedicated course on College Mathematics. This course is usually of around 2 credits in total. It is designed to provide students with strong understanding of the comprehensive level reviews of the different mathematical skills as well as the different concepts of vocational and academic levels.

Q:What kinds of skills will an entrepreneurship PhD program teach me?

A:An entrepreneurship PhD program is the highest level of qualification one can earn in this field. The program not only provides students with advanced knowledge of the field, but also provides practical skills. These include decision making skills, analysis skills, problem solving skills, presentation skills, business writing skills, and team leadership skills.

Q:PhD In Entrepreneurship is offered in which different areas?

A:A PhD in Entrepreneurship is offered in a range of concentration areas. Students can specialize in technology commercialization, international management, small business management, leadership, business strategy, organizational entrepreneurial studies, and more. The choice of the concentration area will depend upon the student's career goals and interest. These programs are available on line as well.

Q:I want to know about PhD programs in Entrepreneurship. Can you please help me?

A:Indeed. Phd Programs In Entrepreneurship are very sought after degrees. These can be completed within 3 to 5 years depending on the type of degree pursued. If enrolled in a campus based institutes, students can complete it within 3 years. However, if opted in an online program students can take as long as they see fit.

Q:Can you name the most basic subjects u I will be studying in the top PhD programs in entrepreneurship?

A:PhD programs in entrepreneurship are advanced degree programs that can only be pursued after graduate studies. The coursework comprises of a number of basic subjects and advanced subjects. Students cover subjects such as internet marketing, cost management, financing new ventures, organizational behavior, and technology. These basic courses are towards making sure students have an understanding of the fundamental areas.

Q:Can I pursue an online PhD entrepreneurship degree instead of campus based degree?

A:Yes, a number of online institutes these days offer PhD programs in entrepreneurship. The curriculum of these programs is usually the same as that covered by campus based programs. However, the mode of instruction is different. Online programs involve online tutorials and video conferencing instead of traditional class room lectures.

Q:Can you tell me the career benefits of selecting online Doctoral Programs in Entrepreneurship?

A:If you wish to enroll in any online doctoral programs in entrepreneurship, it can add value to your career in a number of ways. You can join the academic world and pass on your knowledge and skills to students, who want to start their own businesses. Besides, this degree will help you in taking up research activities and you can start or bring improvements to your own business as well.

Q:Can you tell me about the available topics for PhD in entrepreneurship?

A:A number of specializations are offered in a doctorate program of entrepreneurship. However, the major topics for PhD in entrepreneurship include industrial organization, new venture setup and finance, international management, strategy development and technological innovation. Students are initially offered the basic courses, which are followed by research on a particular topic.

Q:What is a phd in entrepreneurship online degree aimed at?

A:A Phd degree in entrepreneurship is a doctoral program designed to equip students with advanced knowledge. The program includes a range of courses, research projects, and a thesis. Students will learn about managing and leading organizations. The coursework may vary a little form college to college. Take a look at our page for more detail.

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