Temple named among top colleges and universities in the nation for entrepreneurship
Entrepreneur magazine ranks undergrad entrepreneurship program No. 4, grad program No. 7, in the U.S.
In its October 2006 issue, Entrepreneur magazine and Princeton Review ranked Temple University’s entrepreneurship program as the nation’s fourth-best program for undergraduates and seventh-best for graduate students.
Out of more than 700 schools that were surveyed, Temple’s entrepreneurship programs were the highest ranked in the tri-state region of Pennsylvania-New Jersey-Delaware, and its undergraduate entrepreneurship program ranked No. 1 among programs at U.S. public-urban universities.
According to Entrepreneur magazine and Princeton Review, their choice of top schools for entrepreneurs was based on the entrepreneurial emphasis of each school’s curriculum, mentoring, experiential learning, faculty credentials, and the success of graduating students and alumni.
The top programs “demonstrated a commitment to practical, hands-on experiential learning to provide skills that translate into real-world businesses.”
Temple’s entrepreneurship program is housed at the University’s Fox School of Business and Management. “We’re proud that Entrepreneur magazine has ranked Temple’s entrepreneurship program ahead of such prestigious schools as the University of North Carolina at Chapel Hill, Indiana University at Bloomington, Penn State and Babson College,” said M. Moshe Porat, dean of The Fox School.
“Entrepreneurship and innovation are key Fox tenets and strengths,” he added.
Since starting its ranking surveys four years ago, Entrepreneur magazine has included Temple and The Fox School among the best in the nation in entrepreneurship.
“In 2006, Temple’s advance from Top 30 to Top 10 highlights the richness of the applied entrepreneurship program at The Fox School’s Innovation & Entrepreneurship Institute and also underlines the IEI’s intense involvement with all of Temple University’s 17 schools and colleges,” said Chris Pavlides, executive director of the IEI.
Entrepreneur magazine highlighted several key emphases of the Fox program: global entrepreneurship, social entrepreneurship, life sciences and technology, and women’s entrepreneurship. Some initiatives demonstrating these strengths include:
- Fox MBA’s Enterprise Management Consulting Practicum capstone course, which enlists the expertise of students and faculty to solve business problems and conceptualize new ventures for international and local start-up firms, major corporations and non-profit organizations.
- Annual Women’s Entrepreneurship Conference, which has grown to be the largest and most successful free event of its kind in the region.
- IEI’s introduction of Mid-Atlantic Diamond Ventures, a business accelerator program for early-stage science and technology companies.
- Annual Conference on Social Entrepreneurship, which debuted this year, and a new graduate-level course on social entrepreneurship that launched in fall 2006.
Other important elements of The Fox School’s entrepreneurship program:
- Annual university-wide Business Plan Competition, hosted by IEI, with cash prizes in two categories: Science and Technology, and Creative Products and Services. The IEI is incubating several competition winners in science, technology, and the arts, in cooperation with Temple’s Small Business Development Center (SBDC).
- Annual international venture fair, where International MBA students present the results of their consulting projects.
- Multidisciplinary conferences and seminars sponsored by Temple University Council on Entrepreneurship on topics ranging from the arts to biotechnology.
- This year’s hosting of the first-ever Greater Philadelphia Entrepreneurial Campus Summit featuring entrepreneurship icons Warren “Pete” V. Musser, CEO and chairman of the Musser Group, and Gerry Lenfest, a cable television pioneer, who is now a full-time philanthropist.
- Summer Business Leadership Academy for gifted high-school students entering their senior year, including inner-city students as well as students from other area public and private high schools.
- Temple’s Small Business Development Center helps entrepreneurs in the North Philadelphia area and Montgomery County, Pennsylvania, and is one of the most successful SBDCs in the state.
To see the full rankings, see www.entrepreneur.com/topcolleges
The Fox School of Business and Management, at Temple University, is the largest, most comprehensive business school in the Greater Philadelphia region and among the largest in the world, with more than 5,700 students, 150 full-time faculty members and 45,000 alumni.
Recently, Financial Times ranked The Fox School’s MBA program in the Top 10 in the U.S. in all international categories and overall as one of the top 50 MBA programs in the nation and top 75 in the world.
Accredited by AACSB International (The Association to Advance Collegiate Schools of Business), The Fox School’s programs also are ranked internationally and nationally by leading business publications, including U.S.News & World Report and Entrepreneur magazine.
For more information, visit www.fox.temple.edu.
— Lisa Z. Meritz