The Best College Degrees for Entrepreneurs

Becoming an entrepreneur takes dedication, passion and time. You will have to work hard to succeed, but you will also need to have the right skills to put you ahead of the competition and make the most out of your business. The best way to achieve this is to obtain a college degree that will deepen the understanding of your subject and instill the right skills in you to become both a strong leader and team player. Listed below are the top college majors to invest in as an entrepreneur.

First Paying for College

If you are worried about how to pay for the high cost of securing a college degree, worry no more. These days, there are more options than ever for securing funding for school, especially since it’s near impossible to pay out of pocket as each semester’s bill comes due. One of the most popular options includes taking out student loans from a private lender. Private lenders have very open eligibility and do not just have a set dollar amount they can offer — they offer the amount that you actually need.

Business

This one is perhaps the most obvious choice, but also the most useful. Being a business major will teach you everything you need to know about planning, launching and running a business. You will learn about all the various departments of a company, including the ins and outs of human resources, marketing, technology, legal and so much more. Most importantly, you'll learn how to collaborate as a team with your classmates, learning how to work together to overcome common issues that rise up when operating a business.

Marketing

As the internet and social media channels only continue to grow and thrive in this day and age, it is absolutely essential that entrepreneurs know how to market their products and services to potential customers properly. With a marketing degree, you will be able to identify and target new potential audiences, implement effective marketing strategies and measure the success of a marketing campaign.

Economics

Of course, part of being a successful entrepreneur is understanding the economy, including the complex layers that the average individual may not comprehend. By studying economics, you will explore such topics as product cost theories, consumer supply value, market structure and governmental regulations of business. These are highly important factors to understand prior to undertaking any business venture and can help you leverage the market with the knowledge you have gained.

Communications

When most people think of communications as a major, they may picture journalists or news reporters. While the major certainly appeals to those professions, plenty of entrepreneurs have studied this degree in order to master the art of having exceptional relations with others. After all, as an entrepreneur, you will need to constantly be in contact with team members, customers, partners, investors, and so many more kinds of individuals. A communications major will be able to demonstrate strong verbal and written communication skills, persuasive public speaking abilities and theory and rhetoric.

SCORE: SCORE is a nonprofit association dedicated to helping small businesses get off the ground, grow and achieve their goals through education and mentorship.