Entrepreneur and The Princeton Review Name the Top 50 Schools With the Entrepreneurial Edge Babson College First Ever to Rank #1 in Undergrad and Graduate Programs
NEW YORK, Sept. 22 /PRNewswire/ -- Entrepreneur magazine and The Princeton Review announce the results of their seventh annual survey ranking the top graduate and undergraduate entrepreneurship programs in the nation. From the more than 2,300 programs surveyed by The Princeton Review, 25 undergraduate and 25 graduate are ranked. And in an unprecedented event since the ranking began, a single school took the top spots in both categories -- Babson College.
Ranking second and third in the undergraduate category are the University of Houston and University of Arizona, respectively. For the graduate program category, ranking second is the University of Southern California, followed by Drexel University in the number-three spot.
The areas of excellence linking the 50 schools to the top were teaching business fundamentals in the classroom, staffing their departments with successful entrepreneurs and providing experiential or entrepreneurial opportunities outside of the classroom.
"Not only does this select group of schools offer superlative preparation that successfully combines theory with practical application, but the majority of schools have also developed interesting components that are focused on social entrepreneurship and sustainability," said Robert Franek, The Princeton Review's senior vice president of publishing and nationally acclaimed expert on college and graduate school admissions. "A year or two ago these types of initiatives were part of an emerging trend, but there's no question that they've now become an important part of many entrepreneurship programs, and will play a major role within the business community and the economy."
Franek noted that a good example of this type of initiative was EDUN LIVE on Campus, a student-run business at Miami University's Farmer School of Business to help drive trade with sub-Saharan Africa. Developed and run by Miami students, the initiative was created as a way for students to learn about sustainable development in a real world context by promoting and selling t-shirts provided by the socially conscious clothing brand EDUN LIVE.
Universities and Cities Link Up to Support Entrepreneurial Initiatives
This year's ranking is accompanied by a companion article on 10 schools that have excelled at serving as a resource for their respective communities in terms of supporting and fostering entrepreneurship.
According to Amy Cosper, vice president and editor-in-chief at Entrepreneur magazine, "In addition to revealing the rankings, we wanted to take it a step further and identify schools fueling their local economies through innovation and job creation. The resulting piece demonstrates that now more than ever, small businesses are needed to help drive the U.S. economy, magnifying the importance of these programs' roles in helping entrepreneurs succeed."
Two schools, the University of Wisconsin-Madison and DePaul University in Chicago, led the way for fostering entrepreneurship inside the classroom as well as the community. The University of Wisconsin-Madison was recognized for its University Research Park--home to more than 150 companies and 4,000 well-educated, high-wage employees. DePaul was noted for the consulting, educational and resource services it provides Chicago entrepreneurs via its Coleman Center.
For more information and a complete listing of the schools, go to www.entrepreneur.com/topcolleges. Full details will also appear in the October issue of Entrepreneur available on newsstands starting September 22.
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About The Princeton Review
The Princeton Review (Nasdaq: REVU) has been a pioneer and leader in helping students achieve their higher education goals for more than 25 years through college and graduate school test preparation and private tutoring. With more than 165 print and digital publications and a free website, www.PrincetonReview.com, the Company provides students and their parents with the resources to research, apply to, prepare for, and learn how to pay for higher education. The Princeton Review also partners with schools and guidance counselors throughout the U.S. to assist in college readiness, test preparation and career planning services, helping more students pursue postsecondary education.
2009 Best Schools for Entrepreneurs 25 Top Undergraduate Programs 25 Top Graduate Programs Rank Name Rank Name 1 Babson College 1 Babson College 2 University of Houston 2 University of Southern California 3 University of Arizona 3 Drexel University 4 Baylor University 4 Tulane University 5 Temple University 5 Rice University 6 Drexel University 6 Temple University 7 University of Dayton 7 University of Washington 8 DePaul University 8 University of Arizona 9 City University of New York- 9 DePaul University Baruch College 10 University of Southern California 10 University of Michigan - Ann Arbor 11 University of Oklahoma 11 University of Wisconsin- Madison 12 Northeastern University 12 Syracuse University 13 Syracuse University 13 Northwestern University 14 Washington University in St. Louis 14 Monterey Institute of International Studies 15 Miami University 15 University of North Carolina at Chapel Hill 16 University of Wisconsin-Madison 16 University of Louisville 17 The University of North Carolina 17 University of Illinois at at Chapel Hill Chicago 18 Brigham Young University (UT) 18 University of Chicago 19 Xavier University (OH) 19 Washington University 20 Loyola Marymount University 20 University of Oregon 21 Ball State University 21 Southern Methodist University 22 The University of Alabama 22 Rollins College Tuscaloosa 23 University of Iowa 23 Simmons College School of Management 24 Washington State University 24 Wake Forest University 25 University of North Dakota 25 University of Missouri- Kansas City
SOURCE Entrepreneur Magazine