The Ghanaian international opened the scoring at the King Power Stadium on Saturday, finishing Riyad Mahrez’s cross to put the Foxes in the driving seat.
However, Burnley fought back, drawing the game level on two separate occasions, with Ross Wallace’s injury time free-kick rewarding a hard-working Clarets side with a share of the spoils.
Whilst the result failed to end in the Foxes favour, Schlupp was still delighted to net his first ever Premier League goal, having also registered an assist against Arsenal.
Speaking to the Leicester Mercury, the City academy graduate said: "It meant so much to me to score that Premier League goal.
"I have been dreaming and grafting for that first goal so to have finally got it is amazing. It was on my right foot as well. My left foot was a bit wayward early on but I am happy to score it with my right foot.
"Riyad did well to get that cross in. Whenever he gets on the ball you know that nine times out of 10 he is going to produce an end product.
"I just gambled and it got through to me, and I think I took the goal pretty well.
"It was just a fantastic moment.”
Despite dominating the game, and holding a lead until the final seconds, Wallace’s late free-kick took the shine off the performance, and Schlupp was disappointed to have dropped two points from a winning position.
The 21-year-old added: "I thought in the first half we really took the game to them and had them on the back foot.
"We didn't dominate so much in the second half and we were unfortunate with the late goal.
"I think it was a cheap free-kick to give away but the player has taken it well and everyone was gutted. We have to move on from it. I still think we are looking at the game as two points dropped, but a point is a point."