The main purpose of this study was to analyze entrepreneurial competences of rural women’s cooperative managers in Hamedan province. The study used a surveying method with the questionnaire as a main tool. Data gathering was done by a sample of 105 managers. The validity of questionnaire was verified by a panel of expert and its reliability was measured using Cronbach's alpha coefficient (α=0.94). Entrepreneurial competencies of managers were classified in eight factors. These factors were “having strategic goals”, “ability to monitor and organize subordinates”, “risk taking”, “ability to motivate and trust people”, “having a positive attitude and criticism”, “ability to identify and understand the needs of customers”, “public relation ability” and “earn and apply skills and energy”. Structural equations modeling (SEM) by LISREL8.8 software was used for estimating a model for entrepreneurial competences of rural women’s cooperative managers. Results of SEM showed a good fit of model with eight factors described before. Fit indices are placed into three main groups including: Goodness of Fit index, Comparative Fit Index, and Parsimonious Goodness of Fit index. The results showed an excellent fit of selected indices to measure entrepreneurial competencies of rural women’s cooperative managers with observed variables in Hamedan province.