February 27, 2006
Do You Need School to Succeed?
Fortune Small Business has a great article on entrepreneurship education and success. You can read more about it on their web site. Below are some interesting excerpts:
- Researchers found that five years after graduation, the average annual income for entrepreneurship majors and MBAs who concentrated in entrepreneurship at the school was almost $72,000, or 27 percent higher than for other business majors and students with standard MBAs.
- Moreover, entrepreneurship graduates were three times more likely to form new companies. And we're not talking mom-and-pop shops. On average the businesses had annual sales of $50 million and employed 200.
- Even those entrepreneurship graduates who took jobs within large companies earned bigger paychecks: $23,500 more a year on average than for other business graduates.
Hat Tip:
Jason Dorsey
Posted at February 27, 2006 05:20 PM
I think entrepreneurial studies is a great route to take.
I, however, chose to take the Accounting and Economics route because I would get the in-depth information on handeling money and the economy. Two things that will really come in use when I've got hundreds/thousands of businesses running at the same time.
Nice post!
