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How Much Does Small Business Management School Cost?

Last Updated: February 01, 2022

Students who pursue a degree in small business management are typically interested in starting and running their own business. Some schools have certificate and degree programs dedicated specifically to small business management/administration/entrepreneurship, while others offer majors in business administration and management with a small business/entrepreneurship track. Many institutions also offer small business management classes through their continuing education or extension schools.

Small Business Facts #

A small business, as defined by the U.S. Small Business Administration (SBA), is a business with fewer than 500 employees. Such firms are the lifeblood of the U.S. economy, providing:

  • 64 percent of new net private-sector jobs
  • 49 percent of private-sector employment
  • 46 percent of private-sector output (source: SBA fact sheet)

Small Business Management Education #

Both NFIB and SBA have free online education resources for small business owners.

Certificate Program #

Students who need instruction in a particular facet of small business management�say, business financing, human resources, or accounting�might consider taking individual courses at a local college or university. By taking a number of classes through a dedicated certificate or graduate diploma program, students can earn a recognized professional credential. Such programs start at around $4,000 - $5,000.

Associate's and Bachelor's Degree Programs #

More advanced small business training can be obtained through an undergraduate degree program. A small business management/administration/entrepreneurship degree program typically provides instruction in areas that include:

  • Business plan writing
  • Business statistics
  • Economics
  • Marketing
  • Business ethics and law
  • Principles of management

The average cost of an associate's degree, according to a 2012 pricing report compiled by The College Board, is $6,000 - $6,500 (tuition and fees for 2 academic years; excludes room and board, books and supplies, and other costs). The same report puts the average cost of bachelor degree programs at around $35,000 - $115,000 (extrapolated cost of tuition and fees for 4 academic years).

Small Business Management Graduate Degree Programs #

The small business management skills learned at the undergraduate level can be advanced through a Master of Business Administration (MBA) degree. Often, an MBA is earned after a student gains several years of real world business experience.

While an MBA from a top business school like Harvard, Stanford, or the University of Chicago can easily cost upwards of $150,000, many respectable schools have MBA programs that cost $40,000 to $70,000. Online MBA programs sometimes cost even less.

Finally, don't forget that financial aid�whether offered from schools, the government, or private entities�can offset education costs. To find out how much a particular school costs, contact that institution's financial aid or admissions department.

Find Small Business Management School Information #

Request information on small business management schools below. Find the school you've been looking for and advance your career today!