These Are The 30 Best Colleges For Entrepreneurs

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Study At One Of These Business Schools, And Your Start Up Will Flourish

If you want to run a successful business, that’s a brave and challenging goal. While anyone can start a company, only a few can appropriately seed it through its early stages, manage it as a startup and then finally oversee it to become an important force in its market. Society is dependent upon these people. Without them, goods and services could not be delivered, innovation would stall and jobs would be few and far between. Becoming one of these people is challenging, but if you can do it, you should.

Some people are natural born entrepreneurs. However, even the brightest, boldest businessman needs to sharpen certain skills and gain the know-how of making their company flourish. This means that going to a good business school is a must for any aspiring business leader. The right business school will make you better at what you are already great at, eliminate your weaknesses and set you on a path to success.

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But there is a range of things to consider when you’re picking out the business school that suits you. It is so much more than just picking a business school with a good reputation. You need to ask the following and more: Does this college specialize in my desired business sector? Does the college offer business support? Is the college’s alumni network full of potential collaborators? At the end of the day, attending college is the first time you will be making a vital business action: deciding whether an investment is worth your time and money.

To help you with this complex decision, we’ve compiled what we consider to be the most definitive list of the best business colleges on the internet. We’ve looked at not only the best business degrees at the top institutions but also the other things that aid students from class to the real world. This list may mean that you find the college that is ideal for your future ventures. However, it is also useful as a resource that shows you what all business colleges should be putting in place. And you can use that to ensure that your college options have something similar. After reading this article, you’ll know the things you require when you’re looking for the right college. And maybe you’ll find the perfect place just below.

Top 10 Rankings

Methodology

Our rankings come from the latest lists produced by the most respectable online sources. Some are based around the top entrepreneurship undergraduate programs as compiled by institutional data. Others calculate the cost and alumni earnings. Some analyze the cities that surround certain colleges and their suitability for business start-ups. And some use student-led reviews to rank the college placements. No one list is perfect, but this list combines the data in the others and offers what they collectively all agree to be the best colleges for people starting a business in the next few years.

Our sources are as follows:

Princeton Review, Top 25 Entrepreneurship: Undergraduate: https://www.princetonreview.com/business-school-rankings?rankings=top-25-entrepreneurship-grad

Time Money, 10 Great Colleges for Business Majors: http://time.com/money/4138713/10-great-colleges-schools-business-degree-major-2015/

CNBC, The 10 best business schools for entrepreneurs: https://www.cnbc.com/2018/03/29/the-10-best-business-schools-for-entrepreneurs.html

US News, Best Undergraduate Entrepreneurship Programs: https://www.usnews.com/best-colleges/rankings/business-entrepreneurship

Niche.com, 2018 Best Colleges for Business: https://www.niche.com/colleges/search/best-colleges-for-business/

Business.org: The Top 10 US Cities for Entrepreneurs and Start-Ups in 2018: https://www.business.org/business/startup/top-cities-for-entrepreneurs-and-startups/

Overall, our rankings aggregate the colleges that are placed highest on the collective methodology lists. However, we’ve also factored in what the college is saying about its business savvy credentials. Colleges that showcase their unique achievements and can prove incredible contributions ensuring student/graduate businesses thrive also factor in to our rankings.

Our results, from 30 to one, are below:

  1. Babson College
    Location

    Wellesley, MA

    Babson College is the indisputable winner of this list. Almost every methodology list agrees that this college is the best for students that want to start their own companies. It tops Princeton Review, Time Money, CNBC and US News's lists of the best business/entrepreneurial schools in America. It also ranks at 22nd on Niche.com's student rankings. It's located just 17 miles from the city of Boston, which is Business.org's eighth-best city in America for entrepreneurs and startups in 2018. But what has Babson College done to have such a collectively strong reputation across the methodology lists and beat renowned local competitors such as Harvard, MITand Boston University? It's because the college has a proactive and impactful approach. Its core values are integrity, diversity, innovation, collaboration, and excellence, and it funnels that into its education at all times. It has developed a process it calls Entrepreneurial Thought & Action, which can be applied to innovating a large corporation, solving global social issues, starting a business or even raising children. This approach has resulted in alumni that include the co-founder of The Home Depot, the founder of LowerMyBills.com, the founder of Lycos, the co-founder of the World Basketball League, the co-founder of Zumba Fitness and many more successful business people.

  2. University of Pennsylvania
    Location

    Philadelphia, PA

    This college tops Niche.com's student review led business college rankings. It also places at second on Time Money, fifth on US News andsixth on CNBC. But it doesn't make an appearance on Princeton Review. Its main campus is also far from any city that Business.org considers to be one of the top 10 for entrepreneurs or startup companies. However, to counteract this, the University of Pennsylvania does have a smaller campus in San Francisco, which is the number one city for startups and entrepreneurs. And the college definitely helps its students succeed at starting their own businesses. Their entrepreneurship division has thousands of startups listed, resources to help students with structuring and launching their startup and even funding and competitions just for student startups.

  3. University of California, Berkeley
    Location

    Berkeley, CA

    University of California, Berkely is joint third on US News's list of best entrepreneurship colleges. It placed 5th on both Time Money and CNBC. Lastly, it is 28th on Niche.com's list. It also benefits greatly from being incredibly close to San Francisco and San Jose, the first and fourth best cities for startups and entrepreneurs, according to Business.org. Part of what makes Berkeley so good at creating business owners is that it's the second oldest business school in the USA, meaning that it's had longer than almost any other institution to refine its practices. Additionally, two of its current faculty have won Nobel Prizes in economics, meaning that the education is truly world class.

  4. Massachusetts Institute of Technology
    Location

    Cambridge, MA

    US News places MIT at second on its list of entrepreneurial colleges. CNBC and Niche.com also both place it at third. Time Money and Princeton Review don't list it. However, it's well located geographically, being in Boston, Business.org's eighth-best US city for launching a startup (and the only East Coast city to make this list.) Part of what makes MIT unique is its 14 action learning labs, which teach students field projects in real life businesses settings focused on global health, entrepreneurship, and sustainability. Some companies founded by MIT alumni include E*Trade, HubSpot, and Zipcar.

  5. University of Southern California
    Location

    Los Angeles, CA

    Business students love the University of Southern California. They rank it as the second best business college in the USA on Niche.com, with over 3,400 reviews attesting to this. US News ranks it at sixth. CNBC ranks it at eighth. Princeton Review and Time Money don't feature it. It's over 300 miles from the number one and number three best cities for startups in the USA, San Francisco, and San Jose. But it's based in Los Angeles, so few will say that it isn't in a great city! And USC's innovations are on full display. For instance, it was the first college to require students to travel internationally as part of its MBA degree. This was done due to the increasingly globalized business world. And its alumni network spans the globe at over 375,000 members.

  6. University of Texas, Austin
    Location

    Austin, TX

    Niche.com places this college at seventh for business. US News also places it at seventh for entrepreneurship. CNBC places it at ninth for business and entrepreneurship. And perhaps most notably, Austin is Business.org's second-best city in America for entrepreneurs and startups. And the University of Texas at Austin has played a large part in its home city becoming so successful. It runs numerous initiatives that impact the local and global economy, including investments in research initiatives, blockchain initiatives, energy initiatives, healthcare innovation initiatives, Hispanic leadership initiatives and social innovation initiatives.

  7. University of Michigan-Ann Arbor
    Location

    Ann Arbor, MI

    Princeton Review praises University of Michigan, Ann Arbor, stating that it's the fourth best college for entrepreneurship in America. CNBC and Niche.com have similar opinions, placing it seventh and eighth respectively. US News places it just out of the top 10, at 11th. The nearest city to the college that makes Business.org's top 10 startup and entrepreneur cities is Columbus, Ohio. And University of Michigan, Ann Arbor has an element in its courses that might just be the best way to learn how to start up a company. It allows MBA and BBA students to run businesses, start businesses and vet businesses for three major corporations. These corporations are Shinola, where students have worked on expanding the business into men's grooming; Ford Smart Mobility, where students have developed a business plan for autonomous driving; and NRP Group, where students have developed a scalable business model for urban affordable housing projects.

  8. Brigham Young University
    Location

    Laie, HI

    Brigham Young is third place on Princeton Review's entrepreneurship list. It's also eighth on Time Money and 37th on Niche.com's lists. The nearest city to the college on Business.org's top 10 startup and entrepreneur cities list is Denver, Colorado. Brigham Young University's faculty is second to none. Professors have gained huge insights into the business world by leading the International Association for Business and Society, the Journal of Entrepreneurial Finance, AICPA Auditing Standards Board, Financial Accounting Advisory Council and many more prestigious organizations.

  9. Washington University in St Louis
    Location

    Saint Louis, MO

    This college makes the top 10 of two methodology lists. Niche.com's student reviews rave about the college, placing it at fifth in the country. Princeton Review is similarly impressed, placing it at seventh. Nashville is the closest city to Washington University in St Louis that makes Business.org's list of the 10 best places for startups and entrepreneurs. The business degrees at this college offer over 50,000 hours of experiential learning, meaning that students graduate with lots of practical experience that they can funnel into their own business ventures.

  10. Indiana University, Bloomington
    Location

    Bloomington, IN

    US News places Indiana University at third for entrepreneurship. CNBC places it at joint ninth. Lastly, Niche.com places it at 31st. It's also just over 200 miles from Columbus, Ohio, which is Business.org's fifth best city for starting up a company. The college has some impressive centers and institutes that students can take advantage of. For instance, it has one dedicated to brand leadership, which performs consumer marketing for the world's top companies. This can really give students some unique insights when it comes to planning and proliferating their own brands!

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