Michigan’s Entrepreneurship Programs Recognized Among Top in the Nation
- Nov 29, 2016
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The University of Michigan was recently ranked the No. 3 university in the nation for undergraduate entrepreneurship education according to the Princeton Review and Entrepreneur magazine. The ranking recognizes a growing track record of excellence and breadth in entrepreneurship programming available to undergraduates across campus.
The university was also named the #6 program for graduate entrepreneurship education, a ranking that recognized the achievements of the Zell Lurie Institute at the Ross School of Business and Center for Entrepreneurship at the College of Engineering.
Michigan was the only public university ranked in the top ten for both undergraduate and graduate entrepreneurship programs.
Michigan’s entrepreneurship education history runs deep, beginning with the Zell Lurie Institute in 1999 at what is now the Ross School of Business, followed by the Center for Entrepreneurship at the College of Engineering in 2008. While U-M’s entrepreneurship history is cemented by the initial and ongoing efforts of these units, it has broadened to include new programs and units across campus, at schools and colleges like the School of Music Theatre and Dance, College of Literature, Science and the Arts, School of Information, and more.
“Since the introduction of the campus wide minor, students from all schools and colleges can access new hands-on courses, creating more opportunities to connect, network and build successful entrepreneurial teams pulling from a variety of disciplines,” said Oscar Ybarra, Director of Innovate Blue, the University of Michigan’s campus-wide innovation and entrepreneurship education initiative. “The university embraces entrepreneurship from all angles because the greater diversity in programming and disciplines in entrepreneurship, the greater U-M’s contributions can be to the state and to the nation.”
According to a recent survey, one-third of University of Michigan students engage in entrepreneurship in some way, whether it be taking a course, participating in a competition, or joining an entrepreneurial student organization.
In addition to the undergraduate campus-wide minor in entrepreneurship, U-M is home to at least 15 centers and programs related to entrepreneurship, focusing on different aspects of entrepreneurship education, student challenges, and community events. There are also over 30 student organizations with an entrepreneurial focus. Collectively, this ecosystem offers students a wide array of programs and activities to build entrepreneurial skills:
- More than 120 entrepreneurship and innovation related courses offered to undergraduate and graduate students combined.
- The University of Michigan has more than 80 expert faculty/lecturers from more than 30 departments teaching entrepreneurship courses.
- 300+ entrepreneurship experts and mentors have worked with University of Michigan students this past year.
- More than $460,000 was awarded last year to student startups from programs like the Michigan Business Challenge, Innovation in Action, optiMize Social Innovation Challenge and The Startup.
The Princeton Review’s lists of top schools for entrepreneurship education for 2017 posted at www.princetonreview.com/entrepreneur on November 15th. Entrepreneur will also carry a feature article on the lists in its December issue, available on newsstands November 21st The feature will also post at www.entrepreneur.com/topcolleges.
Information about The Princeton Review’s survey methodology and criteria for the rankings, plus its detailed profiles of the schools are also accessible at www.princetonreview.com/entrepreneur. In its profile on the University of Michigan, The Princeton Review salutes its students’ access to 33 different clubs that support students’ entrepreneurial efforts and additionally host multiple on-campus competitions awarding more than $460,000 in prize money.