Entrepreneur U: Schools for Start Ups

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American Timeline for Entrepreneurship in Colleges

1947 Management of New Enterprises, first MBA entrepreneurship course offered at Harvard.

1953 Entrepreneurship and Innovation offered at New York University

1954 Small Business Management, first MBA small business course offered at Stanford.

1967 First contemporary MBA entrepreneurship courses introduced at Stanford & New York Universities.

1970 First entrepreneurship center, the Caruth Institute of Owner-Managed Business, established at Southern Methodist University.

1975: 104 colleges/universities have entrepreneur courses in 1975. Grows to 315 by 1982, 590 by 1986, 1,400 by 1998

AND NOW:

16: percentage of 2011 graduates that started businesses. That’s up from 5 percent in the early 1990s

2013: More than 2,000, U.S. colleges and universities offer a course in entrepreneurship.

Top 5 Tips for Picking an Entrepreneurship MBA Program

The Entrepreneurship Community

Learn what the entrepreneurship community is like at each school you are considering. Find out what entrepreneurial clubs, startup incubators, events, and research institutes are available to MBA entrepreneurs.

Entrepreneurship Competitions

Research the entrepreneurship competitions held by each school. Entrepreneurship competitions allow you to present your business ideas to a panel of judges. Winners get a prize or seed money for their business.

The Entrepreneurship Faculty

Find out about the entrepreneurship faculty for the MBA programs you’re considering. How many members of the entrepreneurship faculty are also entrepreneurs or former entrepreneurs? What kinds of businesses have they formed?

The MBA Alumni Network

Learn about the MBA alumni. Not only will this show you if a school has a proven track record in helping MBA entrepreneurs grow their businesses, it will also give you an idea of the networking opportunities available for that program.

Entrepreneurship Internships and Projects

Find out what kinds of projects and internships each program requires. Hands-on experience is one of the most important parts of an MBA program, because it allows you to apply what you learn as you learn it.

See if the program allows you to conduct research or participate in a capstone project. Capstone projects are an opportunity to apply what you learned in a real-world business setting.

Top 5 Entrepreneurial Schools (Undergraduate)

1. Babson College, Arthur M. Blank Center for Entrepreneurship

Babson Park , MA

Tuition: $43,520

Percentage faculty who are entrepreneurs: 100%

Scholarships for entrepreneurship students: Yes

Scholarships money available: $30,000,000

Recent grads who started a business: 11%

Percentage still in business: 90%

Number of entrepreneurship organizations and clubs: 95

2. University of Houston, Wolff Center for Entrepreneurship

Houston, Texas

Tuition: $19,848

In-state tuition: $9,318

Percentage faculty who are entrepreneurs: 100%
Scholarships for entrepreneurship students: Yes
Scholarships money available: $95,000
Recent grads who started a business: 41%
Percentage still in business: 100%
Number of entrepreneurship organizations and clubs: 3

3. University of Southern California, Lloyd Grief Center for Entrepreneurial Studies

Los Angeles, CA

Tuition: $45,602

Percentage faculty who are entrepreneurs: 94%
Scholarships for entrepreneurship students: Yes
Scholarships money available: $17,000
Recent grads who started a business: 50%
Percentage still in business: 100%
Number of entrepreneurship organizations and clubs: 5

4. Syracuse University, Entrepreneurship and Emerging Enterprises

Syracuse, NY

Tuition: $38,970

Percentage faculty who are entrepreneurs: 100 %

Scholarships for entrepreneurship students: Yes
Scholarships money available: $2,622,750
Recent grads who started a business: 12 %
Percentage still in business: 100%
Number of entrepreneurship organizations and clubs: 5

5.Baylor, Baylor Entrepreneur Program

Waco, TX

Tuition: $32,574

Percentage faculty who are entrepreneurs: 100%
Scholarships for entrepreneurship students: Yes
Scholarships money available: $3,340,000
Recent grads who started a business: 67%
Percentage still in business: 75%
Number of entrepreneurship organizations and clubs: 6

Top Graduate Schools for Entrepreneurs

University of Michigan’s Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies
Babson College, Arthur M. Blank Center for Entrepreneurship
Harvard University’s Arthur Rock Center for Entrepreneurship
Rice University, Jones Graduate School Entrepreneurship Program
U. of Virginia

Top Online Schools for Entrepreneurs

Oklahoma State U.
U. of Florida
Washington State U.
Southern New Hampshire U.
Drexel University Online

Is it for You? 10 signs you might be an entrepreneur.

1. Hate the Status Quo: You are not someone who wants to just go through the motions or sit by idly. Nor do you like following the pack.

2. Easily Bored – You find yourself easily bored, and others start viewing you as a problem. But nothing is wrong with you except that you are bored with activities that aren’t up to your abilities and aren’t challenging. Think Bill Gates, who dropped out of college to become one of the richest men in the world.

3. Fired from Jobs – You’re too creative for your own good when it comes to working for others.

4. Labeled a Rebel – You have been described as a rebel and rule breaker and would defy gravity if you could.

5. Resist Authority – You have a lifelong record of resisting authority from your parents, teachers and bosses. You don’t go along with the agreed upon norms of the group or community you work and live in.

6. Ready to Improve Everything – You always see how you could do things better

7. Bad at Small Talk – You have difficulty making the kind of small talk that so many people get comfort from. This social pattern of relationship and rapport building seems like a waste of time to you and makes you uncomfortable.

8. Bullied – You may have been heavily criticized, picked on and even bullied as a child or teenager. This has caused you to be driven to excel and to prove to the world that you are a force to be reckoned with.

9. Obsessive – You may have been labeled obsessive/compulsive because when you get started on something you have difficulty letting go. All of the great entrepreneurs become completely immersed in their vision.

FACT: Howard Schultz stuck with Starbucks even when his family tried to persuade him not to.

10. Not Normal – Until you get used to the idea that you are in fact different from most people, it could prove to be a problem–or exactly the motivation you need to acknowledge the entrepreneur screaming to get out.

Still think you have it in you to be an entrepreneur? Here are some facts:

1. The average and median age of company founders when they started their current companies is 40.

2. 95.1 percent earn bachelor’s degrees, and 47 percent have more advanced degrees.

3. Less than 1 percent come from extremely rich or extremely poor backgrounds

4. The majority of the entrepreneurs are serial entrepreneurs.

The average number of businesses launched by respondents was approximately 2.3.

5.Entrepreneurs are usually better educated than their parents.

Most successful Entrepreneurs who went to college (they didn’t all graduate)

MarK Zuckerberg, Harvard. Facebook.
Bill Gates, Harvard, Microsoft
Michael Dell, U. of Texas, Dell Computers
Jerry Yang and David Filo, Yahoo
Larry Page and Sergey Brinn, Google
Steve Wozniak, U. of California, Berkeley

entreprenuer_schools_300

Sources:

http://www.thebestschools.org/blog/2013/08/30/20-online-programs-mba-entrepreneurship/
http://www.entrepreneur.com/article/224791#ixzz2hjzw6JDu
http://www.topmba.com/mba-programs/specializations/entrepreneurship/top-5-tips-picking-entrepreneurship-mba-program
http://www.quora.com/Entrepreneurship/What-is-the-best-major-to-pursue-in-college-if-your-goal-is-to-become-a-successful-entrepreneur
http://www.entrepreneur.com/topcolleges/undergrad/0.html
http://www.entrepreneur.com/topcolleges/grad/0.html
http://www.thebestschools.org/blog/2013/08/30/20-online-programs-mba-entrepreneurship/
http://onstartups.com/tabid/3339/bid/10561/12-Facts-About-Entrepreneurs-That-Will-Likely-Surprise-You.aspx
http://www.huffingtonpost.com/2011/06/27/the-10-most-successful-co_n_885319.html#s297894&title=Larry_Page_and
http://www.entrepreneur.com/article/225359

Carrie Morris
Author

Warren Dahl
Editor-in-Chief