YoungMoney: College Major- Entrepreneur

Newest College Major: Entrepreneur

Here are some interesting thoughts from a recent study about young entrepreneurs.

Once taught only in the school of hard knocks, entrepreneurship is becoming a mainstream college subject, and even a major in its own right, as fundamental to business education as accounting. That’s one of the conclusions of the first phase of the Intuit Future of Small Business Report, which looks at American Entrepreneurship over the next 10 years.

· More than 1,600 colleges and universities now offer programs in entrepreneurship, with demand outstripping the supply of qualified instructors.

· At the college level, the emphasis will widen, focusing not just on high-growth businesses backed by venture capital, but on small business ownership of all kinds.

· Employers are viewing entrepreneurship as a fundamental skill, as key to business success as an understanding of accounting and marketing. *

Researchers are discovering what colleges have known for years. Interest in student entrepreneurship has grown tremendously and that’s going to radically change how the next generation views their career goals.

*Entrepreneurship involves multiple facets of business and can be applied in a company setting as an intrapreneur. Defined by Wikipedia, Intrapreneurship is the practice of entrepreneurial skills and approaches by or within a company or at home.