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Online MBA in Entrepreneurship

Turn Big Ideas into Real-World Impact

100% Online

1–2 Years

36 Credit Hours

$537 per Credit

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Launch Your Business or Lead Innovation from Within

SMSU’s MBA in Entrepreneurship online program can be completed in as few as 12 months and is designed for aspiring business owners and innovators. Develop the skills to create a strong entrepreneurial plan, identify growth strategies, and lead with confidence in uncertain environments. Learn to tackle real-world start-up challenges and gain the tools to launch or grow a successful venture. Through coordination with the SMSU Center of Innovation and Entrepreneurship and the Southwest Minnesota Small Business Development Center (SBDC), you will have the opportunity to advise and submit a proposal to a real client.

Concentration Details

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Explore Innovation and Venture Strategy to Bring New Ideas to Life

The online MBA in Entrepreneurship curriculum is built around practical, real-world application. Courses focus on startup marketing, business planning, growth strategy, and innovation management. You will analyze case studies, craft business models, and develop the skills to make data-informed decisions in uncertain and fast-moving environments.

Online Entrepreneurship MBA Required Courses

In this course, students are exposed to experiences in the form of project-based learning within the broad areas of for­ profit, nonprofit, and philanthropic ventures. A feature of this course is its coordination with the Center of Innovation and Entrepreneurship and the Southwest Small Business Development Center (SBDC). Students will learn baseline skills or tools to assist in advising clients on a venture chosen by the class. The project approach to this course will culminate into a final report and presentation to the client.

This is a new course that complements the proposed Entrepreneurship Concentration in Management. Social Entrepreneurship is a growing field of study that examines social needs in the context of entrepreneurship. In particular, it examines the creation of a social value in the context of entrepreneurship practices, theory, and applications. This course looks at different forms of social ventures to include philanthropic, hybrid, or for-profit and identifies tools available to positively impact communities.

Focuses on the role of technology in organizations. A top-down approach is used which will range from considering technology as a strategic variable for competitive advantage to applying technology as a means of improving operational efficiency and customer service. The course considers the challenges of innovation as well as the potential conflicts and resistance resulting from technological change.

Select one of the following:

Todays promotional mix offers a multitude of media choices along with varied approaches to influence a target market for a given product or service. IMC is the most current approach to evaluating the relationship between personal selling, advertising, public relations and promotion and determining the distribution of resources among these elements of the promotional mix. The various forms of available media are also evaluated within the context of these various disciplines.

The marketing process between business organizations is much more extensive than consumer marketing in terms of transaction size and complexity. The high concentration of business-to-business firms in specific geographic areas is analyzed and the specialized marketing tools required to reach them are evaluated. The unique operating characteristics of the business marketing process is detailed, providing students with a broad understanding necessary to be productive in this lucrative segment of the marketing profession.

Digital marketing analytics is foundational to digital marketing because it is the language used to optimize and connect results across all digital marketing tactics (search, social media, email, display, video, etc.). An effective digital marketing analyst is a vital data translator for a business. This course prepares the student to be a digital marketing analyst. Becoming an analyst requires the cultivation of both technical and soft skills. These skills are taught through this course.

This course gives students an in-depth exploration of leadership and its connection to team management strategies. The primary focus will include best practices and practical application strategies within the field. Content areas include traits, motives, and characteristics of leadership, leadership behaviors, attitudes and style, using creativity and innovation in leadership, power and political influences on leadership, leadership ethics and social responsibility, charismatic, transformational, contingency and situational leadership styles, influence tactics of leaders, developing teamwork, motivation and coaching skills, communication and conflict resolution, strategic leadership and knowledge management, international and diversity aspects of leadership, and leadership development and succession. The course will encompass the use of current event topics and critical analysis techniques regarding leadership and team management, including ethical implications of decisions, and apply legal and ethical decision-making skills to leadership and team management scenarios.

The pursuit of individual ideas for successful business ventures has been flourishing during the past years in this country. Entrepreneurs and established firms launching new products/services are facing a complex and competitive environment. This course will give potential entrepreneurs the necessary skills to face this uncertain environment. New business models along with new marketing strategies will be explored assuming an entrepreneurial setting. Students will be exposed to the unique challenges of marketing in a start-up organization. The basic marketing principles will be applied to different entrepreneurial situations.

SMSU’s online MBA includes 36 credit hours, and you can complete the program in as little as one year with accelerated course options. The core curriculum explores essential business topics like strategic management, international business, operations, and more.

Curriculum Details

Turn Ideas into Thriving Businesses

An online MBA in Entrepreneurship from SMSU prepares you to launch your unique venture or lead innovation within existing companies. With small businesses contributing 55 percent of total net job creation from 2013 to 2023,1 the demand for entrepreneurial thinkers continues to grow. This degree equips you with the skills to seize new opportunities, solve real-world problems, and drive meaningful economic impact.

Business Development Manager $84,121 per year2

Director of Innovation $147,699 per year3

Explore More MBA Concentrations

SMSU offers a wide array of online MBA concentrations to match diverse career ambitions. Each concentration integrates current industry practices and real-world learning to build specialized expertise and practical leadership skills. Whether your goal is to drive innovation, lead global teams, or steer operations in dynamic sectors, SMSU’s online MBA programs are tailored to help you excel.

Business Administration, MBA: Corporate Finance

Prepare for industry certifications like CFA and FRM with project-based coursework focused on key financial concepts and principles.

Business Administration, MBA: Accounting

Build advanced skills in tax, audit, and financial reporting while preparing for CPA certification and leadership in accounting roles.

Business Administration, MBA: General Management

Gain broad-based leadership and decision-making skills to manage teams, streamline operations, and drive business growth.

Business Administration, MBA: Healthcare Administration

Prepare to lead in healthcare settings with a focus on policy, finance, and operations tailored to today’s evolving healthcare systems.

Business Administration, MBA: Human Resource Management

Master talent acquisition, employee relations, and organizational development to become a strategic HR leader in any industry.

Business Administration, MBA: Hospitality Management

Develop the expertise to manage hotels, resorts, and event venues with an emphasis on service excellence and business strategy.

Business Administration, MBA: International Business Management

Explore global markets, cross-cultural management, and international trade to lead businesses in a globalized economy.

Business Administration, MBA: Marketing

Sharpen your skills in branding, digital marketing, and analytics to lead creative campaigns and drive business growth.

Business Administration, MBA: Organizational Leadership

Build your leadership, communication, and change management skills to guide teams and shape organizational culture and performance.

Sources

  1. Bureau of Labor Statistics, U.S. Department of Labor. The Economics Daily. “Small businesses contributed 55 percent of the total net job creation from 2013 to 2023.” Retrieved July 25, 2025, from https://www.bls.gov/opub/ted/2024/small-businesses-contributed-55-percent-of-the-total-net-job-creation-from-2013-to-2023.htm.
  2. Payscale.com. “Business Development Manager.” Retrieved July 25, 2025, from https://www.payscale.com/research/US/Job=Business_Development_Manager/Salary.
  3. Payscale.com. “Director of Innovation.” Retrieved July 25, 2025, from https://www.payscale.com/research/US/Job=Director_of_Innovation/Salary.