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Some people are happy to build their careers within the typical corporate structure, but some are driven to create something new — something of their own. The online Master of Science in Organizational Management (MSOM): Entrepreneurial and Economic Development at Peru State will give you the skills to turn your entrepreneurial drive into fruitful business initiatives.
The MSOM: Entrepreneurial and Economic Development will cover the key topics you need to know to start a career as an entrepreneur — from core organizational management strategies and practices to theories of entrepreneurship and new venture financing. You'll be transformed into an independent strategic leader with the expertise to launch any venture. You'll even have the opportunity to actively pursue entrepreneurial projects during your degree, thanks to required action research projects. With an MSOM: Entrepreneurial and Economic Development degree in hand, you'll have all the skills needed to turn your dreams of a successful career into reality.
Nationally Recognized
For Affordability
$13,680 Program Cost
36 Credit Hours
The MSOM: Entrepreneurial and Economic Development isn't your typical organization management degree — it's specifically designed to empower you to make your aspirations as an entrepreneur a reality. On top of the material covered in the core organizational management curriculum, you'll learn about:
At Peru State College Online, we take it all seriously — including your education investment. Our students work hard on their education, so we do our part to make it as affordable as possible.
Peru State College's approach of providing high-quality education at a competitive cost works well for both you and us, earning our college the distinction of being a Top ROI, Best Buy and Best Value.
Our MSOM program has been showcased specifically for affordability, rated seventh on gradschoolhub.com's “Most Affordable Master's in Entrepreneurship” list and one of the top five most affordable online master's programs in entrepreneurship by affordablecolleges.com.
What's our secret? No surprises here …
Less financial stress for you, enormous pride for us. Ready to make the most out of your education dollars? At Peru State College Online, you'll find transformative education offered affordably, for you.
With no physical boundaries, Peru State College's rich tradition of community on campus easily extends to our family online. You will immediately feel welcome among our circle of faculty, staff and distance learners like you.
We promise a speedy response to your application, averaging about 24 hours to process. From there, we'll work together to enroll and get you moving toward your graduation goal ahead.
APPLY NOW"Peru has helped me find my passion and achieve my dreams."
We know school isn't your only priority — that's why we strive to make our online courses as flexible and accessible as possible. All of the MSOM: Entrepreneurial and Economic Development courses are 100% online, eight weeks long and start at multiple points throughout the year. We don't sacrifice quality for flexibility, either. Our expert faculty have developed an in-depth understanding of entrepreneurship and organizational management through years of their own experience, and they pass their knowledge on to you.
Organizational development is considered as a multi-step process that may involve a wide variety of interventions. Interventions from those involving basic human processes to those requiring planning at the strategic level are considered in this course, with a particular emphasis on selecting appropriate interventions based on thoughtful diagnosis of organizational issues. Prerequisite: Graduate Student Status
The purposes, procedures, and techniques of effective evaluation processes are considered, with an emphasis on informing those involved in organization change efforts. Students have the opportunity to prepare a detailed evaluation plan. Prerequisite: Graduate Student Status
Understanding innovation as a process and creating the conditions for this process to occur successfully within an organization are the main themes of this course. Common routes to organizational growth are also considered as is dealing with issues associated with rapid growth. Prerequisite: Graduate Student Status
Conflict is inevitable, but it does not have to be debilitating for individuals and organizational/social systems. This course explores the theory and practice of dispute resolution using interest-based mediation and negotiation techniques. Students gain a broad understanding of mediation and negotiation strategies, learn skills that lead to greater success in managing conflict, and develop confidence in the mediation process as an effective means for resolving interpersonal, organizational, and community disputes. Prerequisite: Graduate Student Status
The development of appropriately phrased research questions and alternative methods of inquiry are considered, as are factors influencing validity and reliability. Although survey methods are considered in detail, qualitative approaches also receive attention. Prerequisite: Graduate Student Status
A variety of statistical techniques frequently used in social science research are covered. Using statistical software, interpreting data, and drawing appropriate conclusions are emphasized. Prerequisite: Graduate Student Status
Individual and social perspectives regarding entrepreneurs and entrepreneurial activity are considered, with an emphasis on understanding factors that facilitate entrepreneurship.
Various business planning and venture financing models are considered, as are resources available to facilitate these activities. Developing skills to evaluate the decisions made in these areas by others is emphasized.
E-commerce as a business model, particularly for new ventures, is considered. Sourcing support services and software for e-commerce and internet marketing strategies are emphasized.
Economic development is considered from the perspective of a practical set of social policies, community strategies and resources available at the local, state and federal levels. Innovative regional and community approaches and planning for economic development are emphasized.
To graduate with an MSOM degree you'll need to complete six hours of thesis, internship or research project credit in an advanced topic area. The final paper should relate to your area of concentration and constitute the culminating experience in the MSOM degree program.
Two primary goals for graduate programs at Peru State College are flexibility and relevance. You may propose to write detailed case studies, develop unique courses or programs for other institutions or the community, research and write substantial grant proposals, etc.
A student may opt to propose an internship that will allow him/her to apply the concepts from the graduate degree program. A minimum of 45 hours must be completed for each credit hour of internship that the student elects to complete. A final reflective paper that demonstrates the knowledge and skills gained in relation to the focus of the program is required.
Prerequisite: Completion of 27 or more credit hours and permission from the Dean of Graduate Programs
The Action Research Project should relate to the student's area of interest and professional practice and should represent the culmination of the program. It may consist of an approved research project or alternative, e.g., a grant application and implementation.
The Thesis involves formal research of a topic related to the student's field of interest. It can conform to experimental, descriptive or historical approaches and will be presented in the most current standard APA (American Psychological Association) five-chapter configuration. Unlike an Action Research Project, the focus of the endeavor will not be the participant's own teaching situation.
Prerequisite: Completion of 27 or more credit hours and permission from the Dean of Graduate Programs
Our online MSOM: Entrepreneurial and Economic Development degree is focused on helping you become a successful entrepreneur. There is no specific blueprint to becoming an entrepreneur, but there are ways to put yourself on the path toward success — like earning an advanced degree. According to Zippia.com, entrepreneurs with a master's degree earn more than those with a bachelor's degree by more than $16,000 annually.*
APPLY NOWHowever, developing entrepreneurship skills doesn't solely prepare you to launch your own business. These skills can be applied to your current organization's initiatives as well, priming you to take on a management role.
Management occupations are projected to grow 8% from 2021 to 2031, according to the U.S. Bureau of Labor Statistics. When you graduate from Peru State with an MSOM: Entrepreneurial and Economic Development degree, you will be prepared to take on roles like:
Firmly established since 1867, Peru State College has been accredited by the Higher Learning Commission since 1915.
HLC is an institutional accreditor recognized by the U.S. Department of Education and the Council for Higher Education Accreditation to accredit degree-granting colleges and universities.
Peru State received notice in July 2022 of its continued accreditation by HLC with the next Reaffirmation of Accreditation in 2031-32.
PROGRAMMATIC ACCREDITATION Peru State College is accredited under the National Council for Accreditation of Teacher Education (NCATE) Standards through the CAEP Accreditation System, for a period of 7 years, from 2015 – 2022.
Peru State College was reviewed under the Council for Accreditation of Educator Preparation (CAEP) Standards in Fall 2022 and is awaiting action on its review. Formed in 2013, CAEP is the single specialized accreditor for educator preparation and administers NCATE accreditation.
Since 1999, Peru State College has transformed students' lives 100% online. Our decades of experience give rise to a remarkable online education, complete with affordable, quality learning supported by faculty and staff who genuinely care. Join us and learn for yourself, why Peru is for you.
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