This study aimed to assess the entrepreneurial competencies of Overseas Filipino Workers (OFWs) in relation to Asian Institute of Management's Master in Entrepreneurship program's three foundations of entrepreneurship with the end view of designing an entrepreneurship training program for OFWs. A profile of the OFWs as to their socio-economic background, entrepreneurial background and consumption and savings habits was specifically undertaken. The assessment of the competencies of OFWs in terms of the three foundations for entrepreneurship, namely self-mastery, situation mastery and enterprise mastery was conducted.