Higher education is coming to the realization that entrepreneurship is a valuable skill after all, not a case of the young ones being undecided with their lives.
Babson college, University of Houston, Syracuse University and many more now offer an entrepreneurship program of study. But the question needs to be asked, is something like entrepreneurship worth studying in college?
There are a few pros and cons on the worth of such a degree which I’ll go over today. After reading give us your thoughts on whether the degree is valuable or if there is a better way to spend your time (and money) in college.
These courses are a great chance to network. Either with the teachers and the speakers they bring in for the course or directly with the students. By attending these classes it becomes easier to meet those with a similar mindset.
Universities offering these courses almost all offer a hands on experience in the form of an internship that offers unique experience without having to go through the risk of creating your own startup.
Its a risk free way to learn about a high risk world. With that major you get a safe area in which you could go wild without having to gamble your life savings. It can also be a soft way to discover if the entrepreneur life is for you.
On the other hand no class, textbook or exercise can ever truly prepare you with the real world, with enemy contact so to speak. All that safety will result in a very hard smack from reality when you realize that project that scored an A+ isn’t going anywhere.
Most people following these courses might not actually be interested in becoming entrepreneurs and changing the world. They might be thinkers with a soft mindset simply looking for a boost in GPA. If that is the case be careful to not get influenced then dragged down by them.
Its graded. Sure its a college course and things need to be graded but the way its done is flawed. Entrepreneurship courses are offered by the business department of the college that’s why your pitches and presentations are graded like business plans. Its not the margin sizes and typos that need to be graded but rather creativity and feasibility.
You might be better off spending your tuition on a different degree which will teach you skills in line with your business idea and then learning entrepreneurial skills in real time as you set up your startup. Its a much riskier option but that’s how other successful college entrepreneurs got where they are now. Larry Page didn’t take Entrepreneur 101.
With this you’ve got an overview of what you look to gain or lose from following this degree. Did it change your point of view? Tell us in the comments below.