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Innovation and Entrepreneurship Certificate
At the Pennsylvania Institute of Technology, our commitment to student success is reflected in both the quality of education and the diverse offerings that we supply to our students. This includes the expansive opportunities we provide so students can tailor their curriculum to their preferences and passions, such as by pursuing the innovation and entrepreneurship certificate.
For more information on our innovation and entrepreneurship certificate, as well as how it can fully prepare you for a successful and rewarding career of your choosing, review our informational guide today.
Innovation and Entrepreneurship Certification: How It Plays an Important Role in the Business World
Entrepreneurship is the foundation of creating and introducing new products and services into the community. Many of today’s most successful businesses, such as Apple, began with individuals who had an entrepreneurial mindset. By bringing their ideas to life, these entrepreneurs created a lasting impact on society.
Individuals who focus on innovation and entrepreneurship fuel positive changes within the business world, such as:
- Boosting the economy – By expanding current markets and creating new innovations, entrepreneurs increase wealth and opportunities in society at large.
- Creating new jobs – Any new business needs employees, and entrepreneurship increases the number of job opportunities available.
- Improving the community – Entrepreneurship is more than just about generating revenue. Many small businesses have a positive impact on the local community and operate through social initiatives.
Overall, entrepreneurship and innovation promote growth within the business world. With P.I.T.’s innovation and entrepreneurship certification, you’ll be equipped to create a positive impact within your community.
Entrepreneurship: Statistics and Trends
Check out these current entrepreneurship statistics and trends:
- Small businesses have been reported to employ 61.7 million Americans (U.S. Small Business Administration)
- Small businesses created 63% of new jobs from 1995–2021 (U.S. Small Business Administration)
- 45% of entrepreneurs began their own business so they could be their own boss (HubSpot)
- The majority of entrepreneurs say the most difficult milestone to hit was generating $100,000–$500,000 in annual recurring revenue (HubSpot)
As the business world continues to change, our entrepreneur certification will help prepare students for what lies ahead.
An Overview of P.I.T.’s Entrepreneurship Certificate
We are proud to offer the innovation and entrepreneurship certificate program as a part of our B.S. in Business Administration. This stackable concentration, which is offered in a fully online format, is perfect for students who are passionate about entering a field where managing change and growth is at the forefront of daily work.
Once you graduate with your bachelor’s in business administration and your innovation and entrepreneurship certificate, you can choose from a wide selection of occupations, including the following positions:
- Small business owner – If you’re looking to be your own boss, this is the right job for you. You’ll have the responsibility of managing daily operations, finances, employees, and more. On average, a small business owner makes $128,280 annually.
- Business operations manager – Business operations managers oversee all departments and ensure that the business is running smoothly. These professionals make an estimated $120,522 annually.
- Innovation manager – This role is responsible for creating innovative ideas for a company, while ensuring objectives meet business goals. Innovation managers are also seen as part of the process of creating new products and services. The salary of this position on average is $97,818 annually.
- Product manager – If you’re interested in seeing the entire lifecycle of a product, this job is a great fit for you. The role requires you to launch a product successfully that meets business goals. The average salary is $107,589 per year.
- Project manager – A project manager oversees company projects in all departments and ensures team members are meeting their required goals and budget. Annually, this role makes an average of $87,827.
- Entrepreneurship educator – After experience in the entrepreneurship world, you can become an educator and teach students the skills and insights that you’ve gained through your own innovation and entrepreneurship courses and work in the field. Annual salary will depend on your given role and other factors.
Completing our innovation and entrepreneurship courses will help you gain the necessary skills to be successful throughout your career journey.
Beyond the Online Innovation and Entrepreneurship Certificate: A Field in Growing Demand
No matter if you decide to pursue a role as a business operations manager or start your own company with the knowledge you’ve accumulated, there are benefits to both career paths. For example, from 2022 to 2032, the employment rate of project management specialists is projected to increase by 6%, which means there will be numerous opportunities to find the position best suited to your preferences after obtaining your innovation certificate.
On the other hand, if you’re looking to start your own business, you’ll be pleased to know about some of the advantages of doing so. Once receiving your online entrepreneur certificate, the benefits of launching your own company include:
- Creating flexible hours based on your preferences
- Obtaining a sense of achievement and purpose
- Gaining more leadership experience through managing others
- Possessing the freedom to control the trajectory of your business
How We Can Assist You in Achieving Your Innovation Certificate
When you choose our comprehensive program, know that you’re selecting a school that’s dedicated to the overall betterment of each student. With that in mind, just some of the advantages of pursuing your online entrepreneurship certificate at the Pennsylvania Institute of Technology include the following:
- A 15-1 student-to-faculty ratio to encourage effective communication between students and their professors and peers
- The opportunity to apply for financial aid, grants, and scholarships
- Free tutoring services, which can be scheduled ahead of time or provided on a drop-in basis
- A 100% online innovation and entrepreneurship certificate structure, ideal for students looking for a flexible program to accommodate their busy schedules
Additionally, our faculty and staff provide a plethora of support services to further promote student success throughout the innovation certificate program. These services include:
Pursue Your Entrepreneur Certificate Alongside Your B.S. in Business Administration
The Pennsylvania Institute of Technology is dedicated to providing you with the definitive tools you need to excel in the field of your choosing.
So, if you’re ready to jumpstart your career through our distinguished innovation and entrepreneurship courses, apply today. To request more information, contact our team directly, as we look forward to discussing your future at P.I.T.