Best Online Masters in Entrepreneurship and Innovation in 2026

Discover the best online masters in entrepreneurship and innovation programs that could launch your startup dreams or transform your corporate career flexible, future-ready, and packed with real-world impact.  Innovation and entrepreneurship have become essential for success in today’s fast-paced and constantly changing business environment. Aspiring entrepreneurs and business professionals seeking to obtain the required skills and knowledge to traverse this dynamic sector are increasingly turning to online masters in entrepreneurship and innovation programs.

This guide explores the fascinating world of online master’s programs specifically designed to equip individuals with the skills necessary to start, expand, and sustain profitable businesses. These programs are transforming the way prospective business owners may get advanced education and real-world experience from the comfort of their homes, thanks to the flexibility and convenience that online education offers.

We will look at the main advantages of earning a masters in entrepreneurship and innovation online, explore the normal course of study and curriculum, and emphasize the benefits of this educational approach throughout this investigation. We will also discuss the range of employment options available to graduates of these degrees and their potential influence in the quickly evolving corporate environment of today.

This article will act as a thorough guide to assist you in navigating the world of online masters in entrepreneurship and innovation programs, regardless of whether you’re an aspiring business owner with a game-changing idea, an experienced professional looking to introduce innovation into your company, or just someone who is passionate about bringing about change and adding value.

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Online Master’s in Entrepreneurship & Innovation Programs

Online master’s degrees that teach entrepreneurship and innovation are becoming more popular as the need for these talents as concrete skill sets becomes more widely acknowledged. To be clear, no question, enrolling in an online school generally has benefits. Nowadays, very few serious people question the benefits of distance learning. As it happens, there are currently a lot of online masters in entrepreneurship and innovation programs.

These online master’s degree programs in advanced business thinking and growth are provided by respectable, long-standing institutions with extensive accreditation records. The existence of these advanced courses at all is compelling evidence of the value of this kind of education. With so much clarified, we conducted a poll of the top 10 online master’s programs in entrepreneurship and innovation, and the results were rather interesting.

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What are Entrepreneurship & Innovation?

Innovation and entrepreneurship are quite vague concepts. It has taken some serious consideration on the part of educational professionals to transform them into clearly defined concepts that can be communicated and taught with reliability. One or more persons who either develop or find an original company idea are considered entrepreneurs, according to Stanford. Entrepreneurs actively look for chances to take advantage of novel or difficult business prospects that have either been used little or never previously. Few people have the vision and clarity necessary to transform this drive into a competence.

The introduction of something unique is referred to as innovation. Innovation, which is sometimes mistaken for invention, is the application of an existing product in a previously unexplored location or manner. Another way to be innovative is to take something that already exists and modify it to fit a situation for which it was not designed. One invention that repurposes RADAR technology for use in the domestic kitchen is the microwave oven. Ideas can also be innovative. Innovation specifically refers to the application of an established business model in a novel setting or manner.

It takes innovation in its own right to allow students to gain expertise in both entrepreneurship and innovation through an online program that offers master’s degree opportunities. Here, we’ll talk about how this has been accomplished in numerous reputable business schools to assist a fresh cohort of students in effectively navigating the dynamic business environment.

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What is an Online Masters in Entrepreneurship and Innovation?

Those who are dissatisfied with the existing quo can succeed thanks to online masters in entrepreneurship and innovation. Students naturally recognize the worth of any online program created to transform these qualities into skills because they realize that to remain motionless is to get carried away by the tide. A masters in entrepreneurship and innovation online program is designed to accomplish just that.

Any online program of this type will naturally appeal to anyone who have the will and spirit to effect change as well as anyone who has witnessed the swift and unceasing force of change that information technology symbolizes. However, these online master’s degrees aren’t limited to people who are born change agents. They are made to help more individuals than ever before deal with the speed at which change is happening.

The goal of these programs is to provide practical knowledge and resources to help entrepreneurship and innovation move from theory to reality. Making advanced leadership skills accessible is the aim of this type of online course. Instead of just becoming proficient workers, students will become creative forces in the economy, learn design-oriented thinking, and grasp workplace dynamics.

An online platform that allows students to work at their own pace and obtain a professional certificate or certification is a good fit for these course materials. Students can anticipate gaining important knowledge and skill sets that will make them highly desirable to employers who are aware of the current economic climate. The student may be able to fill unmet needs, find new paths to financial independence, and become a transformative figure in their own right with these skill sets and knowledge.

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What Can You Do With an Online Masters in Entrepreneurship and Innovation?

For a considerable amount of time, there have been numerous online master’s degrees in entrepreneurship. The learner is anticipated to acquire a great deal of knowledge and understanding of the inner workings of business with these. The goal is for the student to acquire practical knowledge about economics, the financial industry, demand dynamics, value definition, and how to attract investors. The value of an entrepreneurship course is a little more tangible than that of an innovation course, and there are numerous courses available at different levels. So, how can you make these two things work together?

In a strict sense, being an entrepreneur is an art. According to business psychology, the most successful business managers are meticulous thinkers, whereas the most successful entrepreneurs have creative thought processes. We double up on the art side of the art-versus-science debate by including creativity into these courses. Graduates of this type of online program are being taken very seriously by business executives. What do people perceive in these programs, then?

The strong foundation in company growth that these schools give their alumni is essential to their success. Any forward-thinking company that wishes to expand and change can always use business development professionals. Graduates of online programs in entrepreneurship and innovation have a solid base upon which to build.

Beyond that, however, the chances of surviving a change are higher for those who can innovate before it happens. In other words, graduates can anticipate that their degrees will lead to opportunities in management, sales, executive coaching, marketing, and fundraising, to mention a few.

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Career and Salary Information

These claims are taken from the scholarly works of prominent scholars on the topic. The kinds of jobs that alumni of online masters in entrepreneurship and innovation programs have secured, however, show where the rubber meets the road. The following high-level positions are being filled by degree holders with this type of curriculum in high percentages:

• CEO: $158K per year
• Marketing Director: $116K per year
• Marketing Manager: $72K per year

Of course, not everyone is able to get such high-level jobs. However, there are still many opportunities to investigate this new area.

What Will I Learn in an Online Masters in Entrepreneurship and Innovation?

Students enrolled in this type of program can anticipate receiving interdisciplinary leadership training that will teach them practical approaches to solving common business problems. With an emphasis on innovation, technology is an integral part of the curriculum in many of these programs.

The content will usually then go on to well-known best practices in the corporate domains of leadership, entrepreneurship, and business and productivity coaching. These are frequently concluded with progressive capstone projects in which students collaborate in groups to create a fictitious good, service, or company idea.

Students will often learn to grasp market dynamics, design a product or service, then be exposed to the market for validation, design, draft, and build a functioning business model. Successful students will have proven by the end of their training program that they can develop new, workable business solutions in the face of technology change, market volatility, and economic upheaval. Among the fundamental abilities and ideas are, but are not restricted to:

• Communication and Networking
• Financial principles of technology
• Principles of Computing
• Principles of Connectivity
• Entrepreneurship and Intrapreneurship
• Technology Management and Leadership
• Big Data
• Business Exits
• Sustainability

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Admissions Requirements for an Online Masters in Entrepreneurship and Innovation

There are certain similarities among all online masters in entrepreneurship and innovation programs, even if no two will have the identical admissions standards. The following is an example of the most typical prerequisites for enrollment in these online master’s degree programs:

• Online application
• Essay of interest
• Transcripts
• Resume
• Letters of recommendation
• Apply by deadline
• Standardized test scores
• Test of English as a Foreign Language score (TOEFL)

Some institutions will want you to fulfill additional prerequisites, especially if you want to have some of the above-mentioned requirements waived. These could include a terminal degree, a GPA of 3.0 or higher, a minimum of two to seven years of professional experience, an undergraduate degree, a demonstrated aptitude for managerial-level work, and so forth.

To be eligible for their master’s degree programs, applicants must have finished the necessary courses in the appropriate disciplines and have a high school diploma. Remember that every school will have different requirements, so you shouldn’t assume that our sample list represents your preferred institution.

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Accreditation

Only fully approved programs would be included in a good list of the top online degrees. Certain online colleges are completely unaccredited, therefore, they are unable to grant you a legitimate degree upon graduation. Employers are not guaranteed to accept your certificate of completion seriously. Therefore, before applying, make sure your preferred school is accredited if this is important to you. Nevertheless, each of the six regional certifying agencies has granted accreditation to all of the online programs on our list. They are all AACSB-accredited exceptional businesses as well.

How Much Does an Online Masters in Entrepreneurship and Innovation Cost?

As usual, the final cost of online master’s degrees will differ based on the program’s initial cost, the student’s ability to obtain financial aid, and whether or not they attend a school in their home state. The average cost per unit for the programs we suggest is about $1,050 per credit. Tuition for out-of-state students is typically much higher often double that of in-state students. Furthermore, the total number of units required to finish the course will determine the overall cost of an online program such as this one.

Your online master’s program can often be finished for less than $30,000. For instance, before financial aid or scholarships, an out-of-state student will pay nearly $39,000 for the Warrington College of Business program, while an in-state student will pay less than $17,000.  As you can see, there is plenty of motivation to shop around for the best bargain, not just in terms of the overall cost upfront but the entire cost to you.

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How Long Does it Take to Get an Online Masters in Entrepreneurship and Innovation?

The majority of these online master’s degrees can be finished in less than a year. For a large number of them, exactly one year is needed. Some take as long as fifteen months, and occasionally even longer. Potential employers may find the longer programs more impressive or more thorough. But the shortest or longest school isn’t always the ideal one for you.

The ideal school for you will meet your learning objectives, have professional contacts that will help you, and provide financial aid that you qualify for. Lastly, the option in your home state is typically the most economical. Additionally, “hands-on experience” programs sometimes have strong ties to local businesses. This can greatly ease the process of finding employment. Instead of considering how long a course will take to finish, we advise you to choose a program based on these factors.

Are There Affordable Online Masters in Entrepreneurship and Innovation Programs?

Lists of the “cheapest” online master’s degrees should not entice you. According to our study, our top choices are not only among the best, but also among the most reasonably priced. The median cost was significantly more than $40,000 when we looked for the most reasonably priced institutions that offered master’s degrees in entrepreneurship and innovation (apart from our top choices). However, for a lot less money, you can easily find high-quality course offerings with a reputation for top-notch academics.

Whether or not you are an in-state student frequently makes the difference. Temple’s online master’s degrees in entrepreneurship are a notable exception to this rule, as they charge the same tuition regardless of whether you are an in-state student or not. So, once more, shopping around is the key to finding the greatest value. Do your best to maximize the amount of financial aid that is accessible after searching your state. After that, be prepared to carry out the research again with different schools.

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Is It Worth It to Earn an Online Masters in Innovation and Entrepreneurship?

The importance of innovation and entrepreneurship is undeniable. The question is whether an online degree that claims to teach these qualities and abilities has any actual value. “Would any businesses even exist without entrepreneurship?” may be a more pertinent question. To that query, the answer is no. All new businesses would be exact replicas of one another if there were no entrepreneurs. Even though there are plenty of imitation companies, a true entrepreneur understands the value of a unique concept. Perhaps more significantly, a successful entrepreneur understands that perseverance is the key to coming up with a winning idea. These programs probably have this as a recurring topic.

We could say the same thing about invention, of course. Nothing in business changes without it. However, we should make reference to the tangible career opportunities that these degrees provide to successful students to be persuasive. They include executive positions, director-level positions, C-level positions, and more in well-established businesses. Of course, this makes no mention of the potential breakthroughs students can and do make in going their ways and making their dreams a profitable reality.  Please refer to the section on careers and incomes in this field above if you need any additional persuasion. Keep in mind that those figures are modest estimations.

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10 Best Schools Offering Online Masters in Entrepreneurship and Innovation Degrees

1. Tepper School of Business – Carnegie Mellon University

If you’re exploring the best online masters in entrepreneurship and innovation, Carnegie Mellon University’s Online Master’s in Integrated Innovation for Products & Services deserves your attention. Delivered entirely online by the renowned Integrated Innovation Institute, this cutting-edge program blends business, design, and engineering to prepare students for the forefront of innovation. Tailored for aspiring entrepreneurs and creative problem-solvers, it offers a flexible, interdisciplinary curriculum covering design thinking, product and service development, strategic marketing, entrepreneurship, and project management.

What sets it apart is its focus on experiential learning. Students don’t just study innovation; they practice it through real-world, hands-on projects that drive impact. The university is accredited by the Middle States Commission on Higher Education, and its business programs are AACSB-accredited, ensuring a high standard of academic excellence and global recognition.

Link to course

2. Driehaus College of Business – DePaul University

Recognized as a standout choice among the best online masters in entrepreneurship and innovation, DePaul University’s MS in Entrepreneurship offers a fast-track, 15-month completion option, making it one of the most accelerated programs in the U.S. This dynamic degree goes beyond theory, equipping students with practical tools, bold thinking strategies, and a deeply rooted entrepreneurial mindset. The curriculum at DePaul is intentionally designed to produce creative thinkers, innovators, and changemakers who are equipped to upend traditional business structures.

Understanding that entrepreneurship demands creativity and risk-taking, the program nurtures out-of-the-box thinkers who bring fresh solutions to the organizations and ventures they lead. Accredited by both the AACSB and the Higher Learning Commission, DePaul University ensures its business education meets rigorous academic and professional standards, giving students global credibility and confidence in their degree.

Link to course

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3. Smeal College of Business – Penn State

Unlike traditional programs that focus solely on launching startups, Pennsylvania State University has reimagined its Master’s in Corporate Innovation and Entrepreneurship to equip students with the tools to drive innovation within established organizations. This modern approach reflects the shifting landscape, where companies increasingly seek intrapreneurs creative thinkers who can lead transformation from within.

Accredited by the AACSB and the Middle States Commission on Higher Education, Penn State ensures both academic excellence and global recognition. As the demand for such talent grows, this program stands out among the best online masters in entrepreneurship and innovation, offering a practical, risk-conscious path to entrepreneurial success. By bridging creativity with corporate structure, Penn State prepares graduates to thrive in dynamic, innovation-driven roles across industries.

Link to course

4. Martin J. Whitman School of Management – Syracuse University

The MS in Entrepreneurship program at Syracuse University, regarded as one of the best online masters in entrepreneurship and innovation, is designed for driven, forward-thinking individuals prepared to spearhead change. Created with imaginative problem-solvers in mind, the program combines fundamental business concepts with state-of-the-art strategies for launching new ventures.

Backed by accreditation from AACSB and the Middle States Commission on Higher Education, it has earned a strong national reputation among top graduate programs focused on entrepreneurship. The dynamic, future-ready curriculum equips students to design, build, and sustain successful business models in today’s rapidly evolving economy.

Link to course

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5. Fox School of Business – Temple University

Temple University’s Master of Science in Innovation Management and Entrepreneurship equips forward-thinking professionals with the strategic mindset and practical tools to launch disruptive products, services, or ventures. Recognized among the best online masters in entrepreneurship and innovation, the program empowers graduates to either lead within established companies or forge their paths as bold startup founders.

With a strong emphasis on real-world application, Temple delivers industry-relevant training tailored for junior to mid-level professionals, ensuring they’re prepared to thrive in today’s fast-evolving business landscape whether in corporate leadership or the startup grind. The university is accredited by the Middle States Commission on Higher Education, and its business programs are proudly AACSB-accredited, underscoring the program’s academic quality and global recognition.

Link to course

6. Eller College of Management – University of Arizona

In response to strong demand from Arizona’s business community, the University of Arizona designed a Master’s in Entrepreneurship program that prioritizes real-world application over traditional lectures. Featuring a flexible, 30-credit curriculum, it empowers students to launch ventures or join innovative companies while completing their studies online. As part of the best online masters in entrepreneurship and innovation offerings available today, this program stands out for aligning closely with employer needs ensuring graduates are not only academically prepared but also job-ready.

Its focus on experiential learning reflects the university’s commitment to producing agile, forward-thinking entrepreneurs who can thrive in fast-paced markets. Accredited by AACSB and the Higher Learning Commission, the program also offers the assurance of rigorous academic standards and global recognition.

Link to course

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7. Business School – University of Colorado Denver

The University of Colorado Denver’s 30-credit MS in Entrepreneurship program is one of the best online masters in Entrepreneurship and Innovation because of its unparalleled flexibility and practical emphasis. Students can pursue the degree full-time or part-time, with the option of online, evening, or in-person classes to accommodate their schedules. In graduate school, it provides one of the most flexible entry points with rolling admissions for spring, summer, and fall terms. In order to prepare students for startup success, this school, like the University of Arizona, places a strong emphasis on practical, hands-on learning.

Its simplified curriculum prepares would-be business owners to start and grow their enterprises, even with little funding. Accreditation: The University is accredited by the Higher Learning Commission (HLC), and its business programs are accredited by the Association to Advance Collegiate Schools of Business (AACSB). Less than 6% of business schools globally hold this designation.

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8. Warrington College of Business – University of Florida

Designed for aspiring global changemakers, the University of Florida’s online MS in Entrepreneurship empowers students to build financial independence and launch impactful ventures from anywhere in the world. Recognized among the best online masters in Entrepreneurship and Innovation, this AACSB-accredited program, also accredited by the Southern Association of Colleges and Schools, Commission on Colleges, stands out for its depth and practical application.

Unlike shorter alternatives, it spans a full year, offering a more immersive and rigorous experience. Students gain a strong foundation in advanced entrepreneurial theory and immediately apply their knowledge by consulting real small businesses bridging the gap between innovation and execution without ever stepping into a physical classroom.

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9. C.T. Bauer College of Business – University of Houston

Renowned for its remarkable flexibility, the University of Houston’s MS in Entrepreneurship offers both fully online and in-person formats, making it a top contender among the best online masters in entrepreneurship and innovation. Dubbed a “launch pad for self-starters,” this decade-strong program was ahead of its time, pioneering the teaching of entrepreneurship as a practical, scalable skill. Its curriculum empowers students to explore, design, and prototype innovative business concepts in a collaborative, low-risk setting that values experimentation over perfection.

Here, aspiring entrepreneurs are encouraged to challenge assumptions, embrace failure, and refine their instincts through hands-on, real-world learning. The program’s credibility is further reinforced by its accreditation from AACSB and the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), signaling a commitment to academic excellence and institutional integrity.

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10. College of Business – Western Carolina University

The future-focused approach of Western Carolina University’s online curriculum makes it a standout among the top online masters in Entrepreneurship and Innovation. Accredited by AACSB and the Southern Association of Colleges and Schools Commission on Colleges, the program reflects a commitment to academic excellence and global recognition. This program doesn’t just teach business creation, it empowers students to drive transformational change within existing organizations.

The curriculum is designed to sharpen strategic thinking, creativity, and leadership, equipping learners with the tools to launch their ventures or lead innovation from within. What sets it apart is its recognition that entrepreneurship isn’t limited to startups — it’s also about reinventing and elevating what’s already there. With practical, real-world application at its core, this program prepares graduates to become catalysts for innovation in any professional setting.

Link to course

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In conclusion, pursuing one of the best online masters in Entrepreneurship and Innovation is a strategic move for anyone looking to lead in today’s rapidly evolving business landscape. These programs offer more than just academic theory, they provide practical tools, real-world insights, and the flexibility to learn from anywhere.

Whether you aim to launch your venture or become an innovation leader within an existing company, an online master’s program equips you with the skills to think creatively, solve complex problems, and drive sustainable growth. Institutions like Western Carolina University and others deliver high-quality, accredited programs designed for ambitious professionals who want to make an impact without pausing their careers.

With entrepreneurship and innovation at the heart of global transformation, earning your degree online is both a smart and forward-thinking choice. Now is the time to invest in your future—and shape the future of business.