MBA Becoming Opportunity for Entrepreneurs

More Entrepreneurs Are Obtaining MBA Degrees
MBAs Used To Start or Grow A Business

Entrepreneurship
Demand to obtain MBA degrees for the purpose of initiating entrepreneurial careers is at an all-time high.

Key Takeaways on the Opportunity: Article

– According to the Graduate Management Admissions Council, who own and operate the GMAT, one quarter of MBA candidates globally have entrepreneurial goals.

– 34% of MBA students at the Stanford Graduate School of Business launch new businesses within three years of graduation.

– Military officers start businesses at higher rates than any other MBA student population.

– Schools who provide concentrations in entrepreneurship and offer funding and startup resources have seen both applications and enrollments increase.

Motivations to study entrepreneurship include:

  • Path to transition out of traditional jobs;
  • MBA education seen as a way to turn ideas into a viable businesses;
  • Allows students to be surrounded by other business-oriented people;
  • MBA students benefit by understanding the entire system of business and are able to implement startup w/disciplined management practices.

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