What’s the difference: Business vs. Entrepreneurship?

You enjoyed taking business classes in high school.  Maybe you were a member of DECA or another business-related club.  But now it is time to decide on a undergraduate degree and you’re not sure which path to take.  When faced with the option of taking either signing up for one of our premier online bachelor’s in Entrepreneurship or one of our featured online bachelor’s in Business, you might be having a hard time figuring out the difference between the two degrees, and more importantly which one is right for you.  In this article, we’ve provided brief overviews of both degrees and highlighted some main differences between the two to help students decide which program is right for them.

Bachelor’s of Business

Through the pursuit of a Bachelor’s of Business, students will work to gain an overview of the foundational skills and concepts needed to succeed in business management.  This type of degree works by breaking down the operations of business with an almost scientific-perspective in order to teach students the proper techniques, skills, and concepts needed to successfully manage a group of people within a business and to help steer a business towards success.  Students in this type of program will work to gain a deeper understanding of concepts including economics, accounting, finance, marketing, management, organizational leadership, and much more.  Through this program, students will also spend time learning about entrepreneurship but it will not be the central-focus of the degree program.

Bachelor’s of Entrepreneurship

While you can think of a Bachelor’s in Business degree as the more “scientific” business degree, the Bachelor’s in Entrepreneurship degree is a bit more like a “creative” degree.  Through the study of a Bachelor’s in Entrepreneurship, students will learn how to develop concepts and ideas for new businesses while learning the skills needed to start a new business and the common pitfalls that new businesses face.  Through a Bachelor’s of Entrepreneurship degree, students will focus mainly on what it takes to get a new business off the ground.  They will learn how to network, gain funding for their new idea, sell their idea, and form it into a fully-fledged standalone business.

So what’s the difference?

A good way to differentiate between the two degrees is to decide exactly what your career goals are.  With a Bachelor’s in Entrepreneurship degree, students will be primed with the knowledge needed to start their own business from scratch and become a jack-of-all-trades when it comes to running a small business.  With a Bachelor’s in Business degree, students will take a more scientific approach to understanding the inner-workings of large businesses to learn how they can better run and effect change within a large business.

Bottom line:

Through the pursuit of either a Bachelor’s in Business or a Bachelor’s in Entrepreneurship, students will be prepared with the knowledge needed to enter into the industry of business.  The primary difference between the two degrees lies with the ambitions of the students, whether they wish to start their own business venture or if they are interested in specializing in a particular aspect of business and providing that level of expertise to an organization.