There are a lot of ways to improve your skillsets as an entrepreneur. One of your best options is to get a degree in a field of business. Two of the most popular business degree programs are the Master’s in Business Administration and Master’s in Business Management. They can both be great programs to help you succeed in the world of business.

Benefits of a graduate school education to build the foundations of business education to thrive as an entrepreneur

Few things are more exciting than starting your own business. Unfortunately, running a business is also very difficult. You are going to have a difficult time being successful if you don’t have a firm grasp of the fundamentals of entrepreneurship.

Did you know that only 50% of businesses survive for at least five years? On the surface, this sounds like a dismal statistic.

The good news is that your success is not all due to chance. You have a much higher probability of succeeding if you are educated about the fundamentals of running a business.

There are a lot of ways that entrepreneurs can learn how to run a business. One of the best ways is to get a graduate degree in image of business discipline.

Most people that get graduate degrees in business received a Master’s in Business Administration (MBA). This is actually the most commonly awarded graduate degree of any field. The GMAC website reports that 100,000 people receive this prized degree every year. Another 250,000 are enrolled every year.

However, there are other degrees that are worth pursuing as well. You can also get a Master’s in Business Management too.

Which of these degrees is best? The answer is going to depend on what competencies you feel you need to develop the most to excel as a business owner. Here is an overview of the difference between business administration and business management.

What to consider before getting a Master’s in Business Administration as an entrepreneur...

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