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Sat, March 29, 2025

The B-School Paradox: Is Entrepreneurship Really A '20-Worst' Major?


Published on 2025-03-29 04:01:03 - Forbes
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  • Business schools focus on VC and corporate skills, treating entrepreneurship poorly. They need to teach finance-smart strategies and unicorn skills to stay relevant.

The article "The B-School Paradox: Is Entrepreneurship Really A 'Worst Major'?" by Dileep Rao, published on Forbes, discusses the contradiction between the perceived value of an entrepreneurship major and its actual impact on students' entrepreneurial success. Despite a 2023 study by the Federal Reserve Bank of New York labeling entrepreneurship as one of the "worst majors" due to lower median wages and higher unemployment rates compared to other fields, Rao argues that this view misses the broader picture. He points out that entrepreneurship education isn't just about immediate job prospects or salary but about fostering innovation, risk-taking, and the ability to create jobs. Rao highlights that many successful entrepreneurs did not major in entrepreneurship but benefited from the skills and mindset developed through business school. He suggests that the real value of an entrepreneurship major lies in its potential to equip students with the tools to start their own businesses, innovate within existing companies, or pivot into entrepreneurial roles later in their careers, thereby contributing significantly to economic growth and personal fulfillment.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/dileeprao/2025/03/28/the-b-school-paradox-is-entrepreneurship-really-a-20-worst-major/ ]