JUST IN: Michigan Ross Jumps into the Top Three in Poets&Quants World’s Best MBA Programs for Entrepreneurship Ranking
It’s a great time to be an entrepreneur at the Ross School of Business. Based on its extensive offerings and support, Michigan Ross has moved up one spot to No. 3 in Poets&Quants’ global ranking of the top MBA programs for entrepreneurship this year.
Ross also earned the No. 2 spot for the average percentage of MBAs launching a startup within three months of graduation between 2017-2019.
These results were no easy feat. For 2021, P&Q expanded their World's Best MBA Programs for Entrepreneurship rankings from 27 schools in 2019, to 50 schools this year.
"The faculty and staff at the Zell Lurie Institute provide exceptional support and mentorship to our students,” said Stewart Thornhill, Eugene Applebaum Professor of Entrepreneurial Studies at Michigan Ross and executive director of the Zell Lurie Institute for Entrepreneurial Studies. “We're delighted that our commitment has been recognized in the latest rankings. As we look to the future, our team will continue to guide our students and alumni as they discover entrepreneurship, start new ventures, and develop skills as venture investors."
The Zell Lurie Institute augments business courses by placing students inside entrepreneurial environments where they can work on real problems and supports students in developing and launching their own business ventures.
In partnership with Inc. magazine, this year’s rankings were based on 10 core metrics that reflect the schools’ resources devoted to entrepreneurship. Those metrics include: the average number of startups launched by full-time MBA graduates immediately after graduation; the percentage of full-time MBA elective courses that focus solely on entrepreneurship and innovation; the amount of on-campus accelerator space available for MBAs; the amount of startup award money available to students; the number of entrepreneurs-in-residence; and the percentage of MBA students in the school’s entrepreneurship club.
During the 2019-2020 academic year, $533,500 was the total startup award money available for Ross full-time MBA students, along with access to 254 entrepreneurial mentors through formal school programming. In addition, 67 percent of MBAs were members of the main student-run entrepreneurship club.
In addition to the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies, Michigan Ross offers an abundance of resources and opportunities to support students pursuing entrepreneurial ventures such as the Michigan Business Challenge, and Dare to Dream Grants.