Ross – Best B-school for entrepreneurship 2013 says Princeton survey

Earlier in 2011 we had written about the Best B-Schools for Entrepreneurs and The F.W. Olin Graduate School of Business at Babson College in Massachusetts offered the number one graduate business program for entrepreneurs in the country, according to the U.S. News and World Report website, as of 2011.

A recent survey ( September 19th 2013 ) done by Princeton Review and Entrepreneurship magazine pushed the all time No 1. Babson college to No. 2 position and announced University of Michigan’s Ross School of Business as the No. 1 B-school for its entrepreneurship program. Ross and Babson were followed by No. 3 Harvard, No. 4 Rice University, and No. 5 University of Virginia’s Darden School

Babson still holds the No. 1 position for its undergraduate program.

For a long time, these rankings did not feature stanford and harvard on the list because the world’s most coveted b-schools did not participate in the rankings process. Princeton Review survey of schools does not describe the methodology in any detail and this led to the belief that the ranking did not hold any credibility. The nature of methodology puts off b-schools from filling in the survey and thus do not get featured in the rankings. For similar reasons, Top b-schools like UC-Berkeley, MIT, Wharton, and Northwestern University’s Kellogg School also did not feature in the list.

The 2013 survey for the first time, featured Harvard and Stanford.

Princeton Review Ranking of Best Graduate Programs for Entrepreneurship

2013 Rank & School

2012

2011

2010

2009

  1. University of Michigan (Ross)

2

5

3

10

  2. Babson College (Olin)

1

1

1

1

  3. Harvard University

NR

NR

NR

NR

  4. Rice University (Jones)

4

9

6

5

  5. University of Virginia (Darden)

8

3

7

NR

  6. Stanford University

NR

NR

NR

NR

  7. University of Texas-Austin (McCombs)

5

8

9

NR

  8. Brigham Young University (Marriott)

3

2

4

NR

  9. UNC (Kenan-Flagler)

12

12

20

15

10. Univ. of Southern California (Marshall)

21

10

14

2

11. University of Chicago (Booth)

7

4

2

18

12. Washington University (Olin)

6

6

10

19

13. University of Washington (Foster)

10

16

17

7

14. University of Arizona (Eller)

9

7

5

8

15. University of Oklahoma

25

NR

NR

NR

16. University of Maryland (Smith)

24

22

NR

NR

17. University of South Florida

11

19

25

NR

18. University of Louisville

20

NR

NR

16

19. Temple University

13

20

18

6

20. University of Missouri-KC (Bloch)

19

21

NR

25

21. Columbia University

23

NR

NR

NR

22. Oklahoma State University

14

23

NR

NR

23. University of Utah

15

NR

NR

NR

24. New York University (Stern)

NR

NR

NR

NR

25. George Washington University

NR

NR

NR

NR

Source: Princeton Review

Princeton Review rankings have a stark contrast to the U.S News’ Rankings. The methodology applied by U.S News is pretty straight forward. They just ask the deans and MBA directors about their opinion of the best programs.

2013 Princeton Review and U.S. News’ Rankings

U.S. News

Rank & School

2013 Princeton Review

/Entrepreneur

  1. Babson (Olin)

2

  2. Stanford

6

  3. MIT (Sloan)

NR

  4. Harvard

3

  4. UPenn (Wharton)

NR

  6. UC-Berkeley (Haas)

NR

  7. Michigan (Ross)

1

  7. Texas-Austin (McCombs)

7

  9. Univ. of Southern California (Marshall)

10

10. Indiana University (Kelley)

NR

11. University of Arizona (Eller)

14

12. University of Virginia (Darden)

5

13. Santa Clara University (Leavey)

NR

14. University of Chicago (Booth)

11

15. Rice University (Jones)

4

16. Gonzaga University

NR

16. St. Louis University (Cook)

NR

18. Marquette University

NR

18. UCLA (Anderson)

NR

20. Columbia University

21

20. Univ. of North Carolina (Kenan-Flagler)

9

22. New York University (Stern)

24

22. Northwestern University (Kellogg)

NR

22. Oklahoma State University (Spears)

22

22. Syracuse University (Whitman)

NR

26. University of Maryland (Smith)

16

26. University of Wisconsin-Madison

NR

 

Top 25 Undergraduate Programs

  1. Babson College
  2. University of Houston
  3. University of Southern California
  4. Syracuse University
  5. Baylor University
  6. The University of Oklahoma
  7. Stanford University
  8. Washington University in St. Louis
  9. Brigham Young University (UT)
  10. Northeastern University
  11. University of Missouri-Kansas City
  12. Miami University
  13. Temple University
  14. Clarkson University
  15. University of Maryland, College Park
  16. The University of North Carolina at Chapel Hill
  17. University of Arizona
  18. University of Dayton
  19. Bradley University
  20. Lehigh University
  21. University of Iowa
  22. Texas Christian University
  23. Saint Louis University.
  24. DePaul University
  25. City University of New York-Baruch College

Top 25 Graduate Programs

  1. University of Michigan-Ann Arbor
  2. Babson College
  3. Harvard University
  4. Rice University
  5. University of Virginia
  6. Stanford University
  7. The University of Texas at Austin
  8. Brigham Young University (UT)
  9. The University of North Carolina at Chapel Hill
  10. University of Southern California
  11. University of Chicago
  12. Washington University in St. Louis
  13. University of Washington
  14. University of Arizona
  15. The University of Oklahoma
  16. University of Maryland, College Park
  17. University of South Florida
  18. University of Louisville
  19. Temple University
  20. University of Missouri-Kansas City
  21. Columbia Business School
  22. Oklahoma State University
  23. University of Utah
  24. New York University
  25. The George Washington University

 

Source: Princeton Review and U.S. News & World Report

While almost everyone criticizes the methodology of these rankings, b-schools that come on top ensure their voice is heard loud and clear. More so when a b-school outranks a long standing b-school from its No. 1 position.

A press release by Ross was inevitable. Ross Dean Alison Davis-Blake said :

 “We have created a culture at Ross where entrepreneurship is a major focus of our curriculum and a core value. As more and more students look to entrepreneurship as a way to make a positive difference in the world, we are proud to be the leader in entrepreneurial education and will continue to innovate in the field.”

In similar context a linkedin study had revealed that LinkedIn membership data hints  Stanford, Harvard, MIT Sloan, Berkeley’s Haas School, and Dartmouth College’s Tuck School as the five schools with the most startup founders. The next five b-schools are Wharton, Columbia, Babson, Virginia Darden, and the Johnson School at Cornell University. Best B-School for entrepreneurship 2011 comparison of Linkedin , US NEWS and Princeton Review shows :

LinkedIn Rank & School

U.S. News Rank

Princeton Review

1. Stanford

2

8

2. Harvard Business School

4

NR

3. MIT Sloan

3

NR

4. California-Berkeley (Haas)

6

NR

5. Dartmouth (Tuck)

NR

NR

6. Pennsylvania (Wharton)

5

NR

7. Columbia Business School

19

NR

8. Babson

1

1

9. Virginia (Darden)

14

7

10. Cornell (Johnson)

NR

NR

Are you a startup founder? Which b-school would you choose? Why? I’m waiting for your comments below.

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