University of Michigan Ranked Top 10 for Entrepreneurship

Shannon Beeman
November 16, 2021

The Princeton Review® and Entrepreneur®  today announced the results of The Princeton Review’s 16th annual ranking of undergraduate and graduate schools for entrepreneurship studies.

University of Michigan Top Ranked EntrepreneurshipBased on a survey the education services company conducted in summer 2021 of nearly 300 schools with entrepreneurship offerings, The Princeton Review’s ranking tallies took into account more than 40 data points about the schools.

The Princeton Review and Entrepreneur magazine published the ranking lists today on their respective websites at and where the lists can be accessed.

The project’s two main ranking lists name the top 50 undergraduate and top 50 graduate schools for entrepreneurship studies overall. This year, The Princeton Review also tallied sub-lists that name the schools among the 100 overall that ranked highest within their regions: Northeast, Southeast, Midwest, West, and International.

Entrepreneur will publish a feature on the regional lists of top schools for entrepreneurship studies in its December issue, available on newsstands November 23. The feature includes statistics about the schools’ courses, faculty, enrollment, tuition, and other subjects. Entrepreneur will also report the top 50 undergraduate and top 50 graduate schools overall in a feature on its website at

“Since the mid-2000s when we first reported these ranking lists, student interest in entrepreneurship has grown dramatically, as has the commitment to entrepreneurship studies within higher education,” said Rob Franek, The Princeton Review’s editor in chief. “Equally impressive have been the extraordinary contributions of the business community to these programs. We heartily recommend the fine schools that made our entrepreneurship studies ranking lists this year. Their faculties are outstanding. Their programs have robust experiential components, and their students receive awesome mentoring and networking support that will serve them for years to come.”

“The value of entrepreneurship and entrepreneurial thinking continues to grow in our daily lives,” said Jason Feifer, editor in chief of  Entrepreneur  magazine. “We’re now seeing Americans start businesses at the fastest rate in a decade. By sharing this list, we want to continue to provide the much-needed information that people are looking for to forge their path to entrepreneurship. This list is a valuable reference tool for where future leaders can attain the knowledge, community and training grounds to succeed on that path.”

Stewart Thornhill, Zell Lurie Institute University of Michigan Ross“The entrepreneurial ecosystem changes rapidly, especially as disruptive technologies continue to emerge at lightning speed. In turn, entrepreneurial offerings within the university must evolve and pivot to better prepare our graduate students,” said Stewart Thornhill, Executive Director of the Zell Lurie Institute for Entrepreneurial Studies and Eugene Applebaum Professor of Entrepreneurial Studies at Michigan Ross. “The Zell Lurie Institute continues to introduce new programs and opportunities to further develop innovative leaders and future founders. Delivering action-based learning experiences inside and outside the classroom with the opportunity to start, invest, and lead real ventures.”

The top 10 schools on The Princeton Review overall list “Top 50 Graduate Schools for Entrepreneurship Studies”

  1. Rice University (TX)
  2. Northwestern University (IL)
  3. Babson College (MA)
  4. University of Michigan—Ann Arbor
  5. The University of Texas at Austin
  6. University of California—Los Angeles
  7. University of Southern California
  8. University of Washington
  9. University of Rochester (NY)
  10. Northeastern University (MA)

The Top 10 schools on The Princeton Review overall list “Top 50 Undergraduate Schools for Entrepreneurship Studies”

  1. University of Houston (TX)
  2. Babson College (MA)
  3. Brigham Young University (UT)
  4. The University of Texas at Austin
  5. University of Southern California
  6. Tecnológico de Monterrey (Mexico)
  7. Washington University in St. Louis (MO)
  8. University of Michigan—Ann Arbor
  9. Baylor University (TX)
  10. University of Maryland—College Park

Detailed profiles of all schools on the lists as well as information about the methodology for the rankings and the project survey are accessible at The 60-question survey included questions on: the percentage of faculty, students, and alumni actively and successfully involved in entrepreneurial endeavors; the number and reach of mentorship programs; scholarships and grants for entrepreneurial studies; and the level of support for school-sponsored business plan competitions.