Breaking Down the Costs: Understanding the Financial Investment of an Online Entrepreneurship MBA

Whether forging connections with other entrepreneurs or leading innovation within established corporate structures, earning an online MBA with an Entrepreneurship concentration positions you for long-term career success. However, such programs can be expensive, so you’ll want to carefully consider your tuition rates and other costs before enrolling. A cost breakdown analysis can help you determine if your costs are too high and if there are any opportunities to reduce expenses. These analyses typically include both actual and estimated costs.


The tuition costs associated with an online entrepreneurial MBA depend on the program, the school, and the degree length. MBA programs typically require 36-70 credits, including foundational business courses. Students boasting successful performance in an undergraduate business program can often transfer those credits to their MBA, lowering their overall course load. Students enrolled in an online MBA entrepreneurship specialization can use accelerated coursework to accelerate the completion of their degree. Tuition per credit differs from one school to the next based on numerous factors, including school reputation, curriculum offerings, program requirements, and student support services. Generally, Ivy League and national universities charge higher tuition per credit than regional institutions. With an online MBA with an entrepreneurship concentration at Southeastern Oklahoma State University, learners can gain the skills and confidence to find or create new businesses with an affordable tuition fee. It allows individuals to advance into positions such as CEO or general manager in industries ranging from technology to healthcare.

Other Costs

Many online MBA entrepreneurship programs cost significantly less than traditional on-campus options, and the savings are even more significant for distance learners. Degree-seekers can save on dorm rooms, meal plans, and commuting costs. Additionally, many schools waive tuition-funding fees for online students.

In addition to tuition, degree-seekers should consider the cost of additional professional credentials that can improve their salary potential. These requirements vary by industry and location. For example, professionals who earn certificates in data analytics or project management can increase their starting salaries by as much as $100,000.

Degree-seekers also have the option of applying for scholarships. These awards can offset the cost of an MBA in entrepreneurship and help reduce student debt. Individuals should fill out the Free Application for Federal Student Aid (FAFSA) to qualify. This form determines a student’s eligibility for federal grants, work-study funds, and loans. Students should also inquire about employer tuition reimbursement programs.


An online entrepreneurial MBA prepares students to start businesses or pursue venture capital and private equity jobs. The program provides students with a robust analytics and leadership development foundation regardless of their career path. Students also take specialized courses that cover topics like marketing for entrepreneurs and new business creation. They also learn to read financial reports, which are vital when evaluating potential investments. The Bureau of Labor Statistics states that entrepreneurs can find work in various industries after graduating. Entry-level marketers, financial professionals, and sales employees with MBAs can advance into managerial roles. The typical yearly compensation for these jobs is over $100,000.


An MBA can teach you how to develop and write a business plan, identify and assess potential opportunities, and create a compelling value delivery system for your new company. Accounting and financial management classes can also help you learn how to make solid business decisions that keep your venture on solid ground. An MBA program can also help you build a strong network by connecting you with mentors, students, and alums who may become business partners or investors. The contacts you make can be invaluable for your new startup. Many significant companies began as college friendships, including Hewlett-Packard and Starbucks. Some classmates might even become the next Bill Gates or Steve Jobs.