Entrepreneur, Princeton Review Name Fox School Best in the Nation for Graduate-Student Entrepreneurial Mentorship

The Fox School of Business at Temple University continues to climb The Princeton Review’s list of the nation’s top entrepreneurial colleges and universities.

The Fox School ranks No. 11 nationwide for undergraduate entrepreneurship, up two spots from the previous year’s report, and ranks No. 16 among graduate programs, a three-spot improvement from 2014.

The latest rankings are based upon surveys sent to school administrators at more than 2,000 institutions, from April to June 2014. The lists recognize 50 programs in all – 25 undergraduate and 25 graduate – for excellence in entrepreneurship education.

In the rankings, published Sept. 16, the Fox School is the only business school in Greater Philadelphia to have been ranked. Fox has been ranked each year since The Princeton Review began its rankings in 2006, in partnership with Entrepreneur Media, Inc., the publisher of Entrepreneur magazine.

In a related ranking,” to read, “Entrepreneur and The Princeton Review also ranked Fox’s graduate programs first in the nation in entrepreneurial mentorship.

“By emphasizing innovation, promoting small-business development, and preparing our students to think of themselves as entrepreneurs, we continue to drive economic growth and job creation in the Philadelphia region and beyond,” said Fox School Dean M. Moshe Porat. “We are proud to once again be recognized by The Princeton Review as one of the country’s premier institutions for teaching and practicing entrepreneurship, and we look forward to further enhancing our programs in order to strengthen entrepreneurship not only at the Fox School, but also university-wide.”

Through Temple’s Innovation and Entrepreneurship Institute (IEI), which is based at the Fox School, the university conducts annual Idea and Be Your Own Boss Bowl® business plan competitions for all students, faculty, staff and alumni. With prizes exceeding $200,000, the Be Your Own Boss Bowl® is considered one of the most-lucrative and comprehensive business plan competitions in the nation.

IEI also operates Mid-Atlantic Diamond Ventures (MADV), the region’s largest entrepreneurship advisory and year-round venture forum program. Since 2003, MADV has worked with 328 innovation-based emerging firms in the region to raise more than $250 million in Series A funding.

The Fox School and IEI provide internship opportunities, business-planning workshops, seminars, mentoring and coaching, in addition to annual conferences in social, global, women’s and industry-specific entrepreneurship. IEI Executive Director Ellen Weber and Academic Director Robert McNamee lead the entrepreneurship and innovation programs.

“The top entrepreneurial ranking awarded by The Princeton Review is a result of the Fox School’s experiential learning format,” McNamee said. “Students are prepared for the growing global economy and graduate prepared to drive innovation within existing organizations or to continue business ventures launched while earning their degree here at Temple.”

Over the last three years the IEI has expanded its offerings to include: a Master of Science in Innovation Management and Entrepreneurship; graduate certificates in both Innovation Strategy and Innovation & Technology Commercialization; MBA concentrations in both Entrepreneurship and Innovation Management; a General Education course in Creativity & Organizational Innovation; and an Entrepreneurial Living Learning Community.

The IEI, in partnership with the College of Engineering, launched a Master of Science in Engineering Management, and supported the creation of a Master of Science in BioInnovation in the College of Science & Technology as multiple ancillary supporting programs.

In addition, the IEI has dramatically transformed the undergraduate major, minor, and certificate programs in Innovation Management & Entrepreneurship to offer a broader range of options for the diverse student body across Temple University, while transforming these programs to focus on experiential learning and the launching new ventures.

“We commend Temple and all of the other institutions on our list this year, not only for their superb faculties and wide range of courses in entrepreneurship, but also for their out-of-class offerings,” said Robert Franek, Senior Vice President and Publisher of The Princeton Review. “Their students have extraordinary opportunities to network with established entrepreneurs, interact on teams that turn promising ideas into possible start-ups and develop skills to launch their own successful businesses.”

The Princeton Review chooses schools based on a wide range of institutional data it evaluates. Schools are asked about the levels of their commitment to entrepreneurship inside and outside the classroom, the percentage of their faculty, students, and alumni actively and successfully involved in entrepreneurial endeavors, the number of their mentorship programs, and their funding for scholarships and grants for entrepreneurial studies and projects.

“Formal instruction and mentorship from great minds in business can help leaders prepare for the challenges that come with entrepreneurship,” said Amy Cosper, Vice President and Editor in Chief of Entrepreneur Magazine. “The schools in our annual list have ranked high for creating some of the best environments to nurture the pursuit of building a business from the ground up.”

Learn more about the Temple University top ranked Executive MBA (EMBA) program in Singapore.

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