Would it be smart for me to double major in Finance and Information Systems, and get a Master's in Entrepreneurship?
As our society becomes more digitalized, I want to make sure that I have a good chance of being successful in the future.
I would recommend you to punctuate your education with work experience. Regarding your entrepreneurship journey, the following hold true:
1. The earlier you start, the better.
2. You don't need to do a masters in Entrepreneurship to start your own company.
To be an entrepreneur, doing is more important than a certificate or degree. You can start your own venture while studying or even while working after studying. You can gain valuable experience along the way and then do a masters if you think it'll be helpful.
To guide your entrepreneurial journey, you can think about doing some inexpensive online courses such as:
If you want a certificate, you can think about these. The certificates "might" help you if you want to become an intra-preneur within a corporation:
One good online degree in Innovation and Entrepreneurship that comes to my mind is:
Do get in touch if you wish to discuss more. Wishing you all the best!
In terms of the Master in Entrepreneurship, I echo many of the other people's comments, which is to focus on getting real world experience. Some schools may be offering degrees using trendy/eye-catching terms, but again, it's really important to focus on the substance of those degrees and the structure of those programs. Schools can teach you concepts, but those concepts will remain abstract and head-knowledge unless you find opportunities to apply them. I highly suggest getting yourself into internships during college, get 2-3 years of work experience/entrepreneurial experience under your belt, and then determine whether this Master program is the right fit for you.
The last key takeaway that I want to share is to not be afraid to explore different paths in college. When you're in college, most people/companies are willing to open doors for you to learn with little to no experience required. Actively seek out and take advantage of those learning opportunities because (sadly) they start to go away once you graduate!
Solid question. I have considered the same in the past and decided to minimize my focus area to just Information Systems (BS/BS-IT) and am actually enrolling in a Master's in Entrepreneurship myself here in July. Once it becomes available at my school. I bailed on finance just for the fact that I genuinely enjoyed the equations, the knowledge, and the inner workings of assets vs liabilities and liquidation and profitability ratios, but I just did not see myself opening a business and managing my own finances or managing someone else's. This is my own personal reason that may hit home for you as well. I stayed with IT just in case I wanted a fall back and IT is always going to be there. There is no escaping it.
I would recommend a single major just for the sake of honing in on one area vice spreading yourself thin and learning multiple aspects.
Zed recommends the following next steps:
Make the most of your projects and internships. See what you like - and don't like. Assemble a broad skill set - take on challenges others shy away from and learn! Stay current in technology. Leverage student groups and industry associations to network. Masters is a good idea - maybe after gaining some initial work experience - balancing what you learn through your roles and what you learn in school.
Most of all - have fun! Good luck on your journey!
As far as IT work goes, it sounds like you have broad interests, which will always serve you well (a former colleague in IT was a developer when I met him, but he had a Masters in Biology--he used his broad knowledge to ultimately become an attorney focusing on Intellectual Property--what an excellent background for that work!). The more breadth you have, the more options you have.
If internship options are available, definitely pursue them--you may find your passion, or quickly rule out things you find don't suit you well.
I would say you're definitely on the right track, especially if you can handle the work load of a double major, as other responders have mentioned. I also believe that Information Systems is an ideal compliment to Finance as technology is now so integrated into the Finance field and tech skills are in high demand in every industry.
Unfortunately, I'm not that familiar enough to comment on the Master's in Entrepreneurship part of your question as this is a relatively new focus area in the academic world. Just on the surface, it would seem that an Entrepreneur mindset would be of high value in any organization. I'd be interested to know the reason your are considering a Master's in Entrepreneurship and the advantage you believe it will provide?
I hope this helps and I wish you all the best in your future endeavors!
Zed recommends the following next steps:
The whole world is shifting right now with tele-everything and online/virtual-everything. All former institutions and structures are changing and evolving. Employers in all industries are questioning what kinds of education degrees are really necessary? The answer will differ by industry and job type. One thing I've noted for sure, in my 25+ year career: Masters and PhD's have their place, but they are no magic tickets to "promotions" or being "viewed as superior/expert". I would take some of my super-skilled colleagues with Undergrads or not over others with "higher degrees".
That said, I would ensure you find work experiences that allow you to thrive and grow as an employee while meeting your personal human needs/values at the same time.
If you would like to have your own business, exposure to taking masters in entrepreneurship is a valuable path to take not just to learn business but also to network and learn from your colleagues. I am currently taking masters in entrepreneurship, too and our batch comes from diverse background. If finance and information system interest you the most, you may go for it. I would suggest that as early as now, read and learn a lot not just from your education but widen it by gaining personal experiences.
Just a reminder that given the abrupt changes that can occur, it is important to note that your education can contribute to your success however it takes right character to build you up and your business. Don't be afraid to take risk and select the right people who can build you up. Always think of significance rather than success. If you are significant, success would follow. Be willing to start small and always persevere! Your dream will keep you till the end.
Sending regards to your endeavor!