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Masters in Entrepreneurship in USA: Top Universities, Admission, Fees & Career Scope

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Pragya Gupta • 13 Mins read • 31 Jul 25
Masters in Entrepreneurship in USAMasters in Entrepreneurship in USA

The United States Masters of Entrepreneurship is a 12-to 24-month course that has a yearly tuition fee of approximately 22.30 lakhs. After Masters in Entrepreneurship in the United States, the average salary at the entry-level is 51,34,410 INR. Nonetheless, compensation is rising with experience as well as any other job with Masters in Entrepreneurship in USA as it can vary between 31.10 lakhs and 1.02 Cr.

In order to pursue a Master in Entrepreneurship in one of the leading universities in the United States in 2022, international students require 16 years of study. Also, you are required to demonstrate English language proficiency (TOEFL iBT) and maintain an average GPA of 3.0 on a 4.0 scale or 80 % or more.


Masters in Entrepreneurship in USA: Highlights

A brief overview of entrepreneurship degree programs and MBA with entrepreneurship focused courses on leading American campuses.

Particulars

Details

Duration

1 to 2 Years

Eligibility

A bachelor's degree or its equivalent | GMAT or GRE score | SOP | Work Experience | LOR

Course Fee

22,35,450 INR to 44,70,900 INR

Jobs Types

Business Consultant, Teacher, Mid-level Management, Sales, Research & Development, Audit, Banking, Finance, Business Reporter

Average Salaries

29.06 lakhs to 64.08 lakhs

Areas of Work

Venture capital, Brand management, Experiential marketing, Consulting services

These highlights assist you in comparing highlights of the following masters in entrepreneurship USA.


Masters in Entrepreneurship in USA – Important Dates and Events

Application Start & End Dates for Top Universities

International students wishing to attend US universities will find more successful entry during the most well-known Fall intake (August/September), with application timetables usually between November and May. The deadlines of the spring intake (commencing in January) are usually between July and December, whereas the summer intake (commencing around May) is between January and March.

  • Fall Intake (Most Popular):
    • Application Open: November to May.
    • Application Deadlines: They differ by university, but usually come in the November-March period. Other universities can extend their deadlines till June or July on particular programs.
    • Typical Programs: Undergraduate and graduate courses in a different range of subjects, such as Engineering, Data Science, and Business Administration.
  • Spring Intake:
    • Application Open: July to December.
    • Application Deadlines: July to December.
    • Suitable to: Students who lacked the Fall intake.
  • Summer Intake:
    • Application Open: January to March. 
    • Application Deadlines: December to March in Masters programs, November to February in Bachelor programs and November to January in MBA programs.
    • Programs: Few programs and colleges, sometimes focusing on certain minor subjects, such as arts, business or research.

Visa Application Timeline

The process of the F1 student visa application to a US university has a few main steps. As a rule, it is recommended that students apply 6-12 months prior to the preferred intake which is either Fall (August/September), Spring (January), or Summer (May). The application process to get a visa, such as getting the I-20 form and booking an interview, might be started afterward after obtaining an acceptance letter at one of the US universities.

Scholarship Deadline for 2025

In the USA, the application processes usually commence during fall 2024, and continue throughout the spring 2025, with university-specific deadlines. The deadlines associated with scholarships are typically in the spring in 2025, though some of them can be earlier. Take an example of the Gilman-McCain Scholarship, whose August 2025 programs deadline is August 7, 2025.

Fall 2025 Intake application schedule:

  • September - December 2024: An application starts. 
  • January - February 2025: Application and uploading the documents deadline. 
  • February - April 2025: University opportunity subjection and either accepting or rejecting admissions, and acquisition of documents to send to I-20. 
  • May - July 2025: Acceptance of I-20, appointment of the visa and interview.


Masters in Entrepreneurship in USA Fees

The tuition fees combined with the cost of living, pre-arrival costs, etc. in the United States are just some of the general categories into which the cost of doing your Masters in Entrepreneurship can be attributed. The estimates of each section are as follows:

Pre-arrival Expenses

You will already be spending money even before you leave your home country and arrive in the United States. Application fees, exams required to study in USA, application of visa, flight fees and other costs are part of these costs.

Expense Types

Cost (in INR)

Program Application Fees

7,456- 14,913

Visa fees

11,931

Airfare

30,000- 65,000

TOEFL Fees

11,931- 18,644

IELTS Fees

13,796- 14,169

GRE Fees

17,154- 18,644

Health Insurance

37,217- 74,434


Tuition Fees

Sr.No.

Universities for Entrepreneurship in USA

Average Annual Tuition Fee(in INR)

1

Massachusetts Institute of Technology

38.30 lakhs

2

University of Chicago

44.05 lakhs

3

University of Pennsylvania

32.61 lakhs

4

Columbia University

28.76 lakhs

5

Cornell University

44.82 lakhs

6

Northwestern University

41.84 lakhs

7

University of California, Los Angeles

31.78 lakhs

8

New York University

23.10 lakhs

9

Duke University

46.02 lakhs

10

Carnegie Mellon University

34.20 lakhs


Cost of Living in USA

The average cost of living of an international student in the United States is estimated to be 11,16,060 INR. The average monthly living costs in USA are as follows:

Categories

Cost Per Month (in INR)

Rent of Apartment

0.74 lakhs- 1.48 lakhs

Meals

0.08 lakhs- 0.11 lakhs

Transportation

0.07 lakhs- 0.22 lakhs

Personal Expenses

0.22 lakhs- 0.29 lakhs

Health Insurance

0.33 lakhs- 0.52 lakhs


Why Choose a Masters in Entrepreneurship in USA?

Studying a course in USA has many advantages, such as access to the world-recognized universities, a variety of academic programs, modern research facilities and an active campus life. The USA also supports international students well and its degrees are globally recognized and this could make a significant difference in career opportunities.

1. The Excellence and Reputation of Academics:

Top-ranked universities:

The USA has some of the top ranking universities in the world that are highly ranked due to their academic acumen and research publications. 

Diverse programs:

There is a diversity of the courses in different fields, including STEM, the arts, and the humanities.

Experienced faculty:

Professors are well established in their disciplines and teaching students. 

2. Career Opportunities:

Global recognition:

Employers across the world highly appreciate a degree earned in a US university, and this unlocks international job markets. 

Strong's links to the industry:

Most universities in the US are well connected with other companies around the world, therefore availing internship and job placements to students. 

Enhanced employability:

Learning in the USA prepares students with very nice skills such as critical thinking, problem-solving, and communication across cultures. 

3. Cultural Diversity and Life in Campus:

Multicultural environment:

There are numerous extracurricular activities, clubs, and events available in the US universities which encourage wholesome growth. 

Personal growth:

Studying in the USA helps a student become independent, self reliant and to network globally. 

4. For International Students support:

Commitment service:

Most of the US universities have established offices and resources to support international students with academic, and certain personal and career-related problems. 

The sources of financial aids available:

There are many scholarship opportunities and ways to find a scholarship in order to cope with the costs of studying in the USA. 

5. Language Development:

English grammatical -level knowledge:

Living in the United States during a study is an immersion into the training of English language.

Global perspective:

It introduces the students to various cultural values and orientations hence enhancing the world knowledge of students.

This is the very reason that they study in USA in programs that specialize in entrepreneurship graduate courses.


Masters in Entrepreneurship in USA Qualification

International students must normally meet courses requirements by having their 10+2 (or equivalent) and a recognized board, passing the English language entry test, and satisfying any particular university prerequisites, such as standardized tests, essays, and letters of recommendation, to qualify to study in the USA. Some of the popular majors are business, engineering, computer science and healthcare.

Academic Qualifications:

Good academic record is normally expected and it requires a qualification of 10+2 or its equivalent. 

English:

English language proficiency is usually proved with the help of such examinations as IELTS or TOEFL in most institutions. 

Standardized Tests:

Certain universities might demand SAT scores or ACT scores at undergraduate level or GRE/GMAT scores at a graduate level.

Other Documents:

Application involves essays, letters of recommendation and a Statement of Purpose (SOP). 

Financial Resources:

There must also be evidence that one has enough money to cover the tuition fees and the cost of living. 

These are bare minimum requirements to be able to succeed in such subjects like entrepreneurship management.


Masters in Entrepreneurship in USA Eligibility Criteria – Category‑wise

Freshers vs Experienced

  • Fresh Graduates: Minimum 0-2 years of venture experience or internship experience.
  • Experienced: Applications are reinforced by 3-5+ years of experience in the startup world or corporate innovation.

Academic Performance

Tier

GPA / Percentage

Elite Programs

3.5+/73%+

Mid‑Tier Programs

3.0+/66%+


Language Test Scores

Good grades in IELTS/TOEFL will strengthen the prospects of receiving a scholarship in an “innovation and entrepreneurship masters”.

Test

Cut‑off

IELTS

7.0 overall

TOEFL iBT

100+


Masters in Entrepreneurship in USA Application Process

There are a number of different steps that one has to follow when applying to a course in the USA as an international student and they include:

  1. Choose Programs: Discriminate among your objectives—venture setting up as opposed to corporate innovation.
  2. Online Submission: Universities have their portal specific to the submission (e.g GradApp of Babson).
  3. Upload Docs: transcripts, sop, lor, resume and test scores..
  4. Fees to Pay: USD$75-150 per application.
  5. Interview: Video or Face to Face with some tracks being selected.
  6. Put Offer Hold: Obtain I-20 and continue with a visa.

SOP, LOR, and Resume

  • SOP: Write about your start up idea or innovation.
  • LORs: LORs by professors or managers where they can vouch "entrepreneurship management" capabilities.
  • Resume: Technology venture company, incubator involvement, management, etc.

University‑Specific Admission Steps

Having a desire to pursue a career in business and entrepreneurship is the most important aspect of getting admission to a Masters in Entrepreneurship program. The overall judgment however depends on careful consideration of your application, examination grades, activities, and job experience. Experience in any type of entrepreneurship and innovation is an advantage.

  • Undergraduate Degree or Equivalent
  • Academic Transcripts
  • Statement of Purpose
  • Standardized exams scores
  • Work Experience Requirement
  • Resume
  • Letter of Recommendation
  • English Language Requirement
  • Interview


Top Masters in Entrepreneurship in USA Entrance Exams

GMAT Preparation Strategy

In order to prepare GMAT in the USA to start a Masters in Entrepreneurship, develop a particular plan of preparation, the emphasis on basics, use of mock tests, and time management. Work on your weak points, know the exam pattern and keep it persistent and passionate in preparation.

  • Learn about GMAT
  • Make a Study Plan
  • Study Resources
  • Enhance your talent
  • Be Keeping up with Consistency and Well-being

IELTS/TOEFL Tips

  • Estimate writing as well as reading test conditions.
  • Customize the speaking agenda to business and innovation contents.

GMAT Waiver MBA Programs

  • Certain programs (work experience or previous master program) do not require the GMAT, which facilitates entry into those programs based on a seasoned entrepreneur.


Masters in Entrepreneurship in USA Cutoff

GMAT Cutoffs of Top USA B‑Schools

School

Typical GMAT

Babson

650+

UPenn Wharton

730+

Stanford MSx

740+


IELTS/TOEFL Score Cutoffs

School

IELTS

TOEFL

UW Foster

7

100

Babson

7.5

105

UPenn

7

100


Masters in Entrepreneurship in USA Seats

Seats in Public Universities

More substantial ones (e.g. UW Foster, UTampa) will have 50-100 learners per cohort and combine the exposure to learning entrepreneurship management with a wide variety of classmates.

Seats in Private Business Schools

The ultra selective private institutions (Babson, UPenn) purposely keep classes small at 30-60 people in order to maximize networking and mentorship.


Masters in Entrepreneurship in USA Syllabus

Core Courses

  • New Venture Creation
  • Entrepreneurial Finance
  • Innovation Strategy

These basics anchor any “innovation and entrepreneurship master’s.

Electives & Specializations

  • Social Entrepreneurship
  • Corporate Innovation Labs
  • Tech Commercialization

Electives enable you to customize your “entrepreneurship degree” to any industry of your choice.


Best Universities/Colleges for Masters in Entrepreneurship in USA

The best universities offering "Masters in Entrepreneurship in USA", with their QS World University Rankings 2022 will be mentioned down below:

Universities for Entrepreneurship in USA

Business School

Entrepreneurship course in USA

QS World University Rankings 2022

Massachusetts Institute of Technology

Sloan School of Management

Sloan MBA

#1

University of Chicago

Chicago Booth School of Business

Full-Time Booth MBA

#10

University of Pennsylvania

The Wharton School

Wharton MBA

#13

Columbia University

Columbia Business School

The Columbia MBA

#19

Cornell University

Johnson School of Management

Two-Year Johnson MBA

#21

Northwestern University

Kellogg School Of Management

One-Year Kellogg MBA

#30

University of California, Los Angeles

Anderson School of Management

Anderson's MBA

#40

New York University

Stern School Of Business

MS in Computing, Entrepreneurship and Innovation

#42

Duke University

The Fuqua School Of Business

Accelerated Daytime Fuqua MBA

#52

Carnegie Mellon University

Tepper School of Business

Tepper MBA

#=53

 


Global Rankings for Indian Applicants

U.S. News, Financial Times and Princeton Review constantly rate these programs as among the world’s best for aspiring entrepreneurs and innovation leaders.


Masters in Entrepreneurship in USA vs India (Comparison Table)

Factor

USA

India

Tuition + Living

USD 45–80K/year + USD 15–20K living

₹5–10 L total

Curriculum Style

Experiential, venture labs

Case‑study focused, theoretical

Ecosystem Access

Silicon Valley, Boston, NYC networks

Emerging incubators at IIMs, T‑Hub

Work Options

OPT up to 3 years, H‑1B pathways

Student visas restrict work

Alumni Reach

Global network of founders, VCs

Growing but regionally concentrated


Career Scope After Masters in Entrepreneurship in USA

Management Consulting

Entrepreneurship graduates can find their places in the various fields of innovation and strategy within the leading companies (BCG, McKinsey) by relying on their entrepreneurship management skills.

Finance/Banking

Venture capital, corporate development, and fintech product management positions can be filled by a holder of an “innovation and entrepreneurship master’s”.

Entrepreneurship

Equipped with a solid “entrepreneurship degree”, a number of graduates start up their own high-growth companies or enter accelerators such as Y Combinator.


Top Recruiters/Placement Companies

  • Tech Startups: Google for Startups, Microsoft for Startups
  • VC/PE: Sequoia, Accel, NEA
  • Consulting: McKinsey, BCG, Deloitte
  • Corporate Innovation: Cisco, J&J Innovation Center


Masters in Entrepreneurship in USA Salary Package

Some graduates would prefer to start up their own business immediately they have landed through graduation, yet some would prefer to work in industry first and then join the lounge. The average compensation would heavily rely on various factors such as region, industry and types of work one is holding. In the United States, the average graduate salary from a master of a master of entrepreneurship is 51,34,410 INR.

The following is the average salary of Masters in Entrepreneurship graduates in USA:

Job Title

Average Annual Salary (in INR)

Business Development Manager

56.61 lakhs

Executive Assistant

31.10 lakhs

Information Technology (IT) Consultant

61.91 lakhs

Product Marketing Manager

50.85 lakhs

Associate Product Manager

65.61 lakhs

Sr. Program Manager, Software Applications

1.02 Cr.

Senior Product Manager

90.65 lakhs


Frequently Asked Questions

Ques: Is a master in entrepreneurship USA particularly worth it to Indian students in 2025?

Ans: Absolutely. Having access to Silicon Valley support systems, experiential labs, and powerful placement systems, the ROI on an “innovation and entrepreneurship masters” makes it worth the investment.

Ques: Is it possible to become a freshers master in entrepreneurship USA?

Ans: Yes, most programs accept up to 0-2 years of internship or startup experience, just as long as they show entrepreneurial initiative within their SOP and resume.

Ques: Are U.S. degrees in entrepreneurship useful to settle abroad?

Ans: Definitely. Coupled with long term settlement and occupational growth prospects in the U.S., the graduates can obtain additional work authorization through OPT (up to 3 years) and H-1B pathways, which will increase long term settlement and occupational growth opportunities in the U.S.

Ques: Which careers are entailed by an entrepreneurship degree?

Ans: Upon graduation, participants either pursue careers with consulting firms, venture capitalists, corporate innovation or start up their own firms--and apply their skills in entrepreneurship management in other fields, as well.

Ques: What are the required test scores during the admission?

Ans: IELTS (7.0+) or TOEFL (100+) is required by most of them, though some could request GRE, and GMAT can be optionally waived or demanded depending on experience.

Ques: Do master degree graduate programs in innovation and entrepreneurship offer scholarships?

Ans: Yes- the schools award merit grants of up to USD 25K and external grants are also available (e.g. Kauffman Foundation)- tuition can be substantially reduced in this manner.

Ques: What are the differences between the private and the government programs?

Ans: The cohorts of private schools (Babson, Stanford) are small (30 to 60 students) and tuition is high as compared with the public universities (UW Foster, UF) that admit 50 to 100 applicants with a relatively low tuition.