{"id":35462,"date":"2023-05-24T16:36:12","date_gmt":"2023-05-24T20:36:12","guid":{"rendered":"https:\/\/www.mbamission.com\/blog\/?p=35462"},"modified":"2023-05-24T16:38:15","modified_gmt":"2023-05-24T20:38:15","slug":"best-business-schools-for-entrepreneurship","status":"publish","type":"post","link":"https:\/\/www.mbamission.com\/blog\/best-business-schools-for-entrepreneurship\/","title":{"rendered":"\u200b\u200bBest Business Schools for Entrepreneurship"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Stanford, Stanford, Stanford.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stanford seems to be the only name on anyone\u2019s mind when the topic turns to entrepreneurship. Sure, the school has a long-standing culture of entrepreneurship, dozens of courses on innovation, its \u201cStartup Garage\u201d class and Venture Studio, and a stacked roster of famed practitioners as professors! But guess what? A lot of other top MBA programs also focus on entrepreneurship and innovation, and do so with great results.<\/span><\/p>\n<div class=\"video-wrapper\">\n<div class=\"embed-container\"><iframe loading=\"lazy\" title=\"Entrepreneurs: Check Out THESE MBA Programs!\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/tEZQ7txff_g?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<p><span style=\"font-weight: 400;\">Some <\/span><a href=\"https:\/\/poetsandquants.com\/2021\/01\/28\/study-85-of-mbas-interested-in-entrepreneurship\/\"><span style=\"font-weight: 400;\">85% of MBA students<\/span><\/a><span style=\"font-weight: 400;\"> say they want to be entrepreneurs. Of course, entrepreneurship has many flavors, from creating that tech company of the future to founding a decidedly low-tech company, to buying an established business, but no matter which route you are considering, business schools are ready to help you get started.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The way each MBA program provides future entrepreneurs with the tools they need can be quite different, though. Entrepreneurship can be studied in a host of ways, including in the classroom, on campus, and in the broader community.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some places start with coursework, seeing it as the \u201cfoundation\u201d of entrepreneurship. <\/span><a href=\"https:\/\/www.mbamission.com\/blog\/how-to-get-into-harvard-business-school-hbs-essay-tips\/\"><span style=\"font-weight: 400;\">Harvard Business School<\/span><\/a><span style=\"font-weight: 400;\">, for example, begins with the core course \u201cThe Entrepreneurial Manager\u201d and continues with some hugely popular electives, such as \u201cEntrepreneurial Finance.\u201d At Harvard, the curriculum will drive a lot of your study of start-ups.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other schools systematize this process even more by offering majors or concentrations focused specifically on building new businesses. This generally includes a series of courses, combined with an internship at a local start-up, that tightly focuses on entrepreneurship. For example, at Duke Fuqua, you can pursue an Entrepreneurship &amp; Innovation concentration, allowing you to do a deeper dive in the classroom.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On campuses where every other person seems to be walking around with a business plan in their pocket, the MBA program works to integrate its students with the broader university community. Some schools have programs specifically designed to get math majors in the same room as engineering PhDs and business students. Stanford, for instance, offers its Lean LaunchPad program, which brings together students from every part of the university. Its results have been almost legendary, producing such well-known ventures as DoorDash and Impact Food.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some business schools accomplish the same thing through campus-wide business plan competitions, in which student teams compete for seed funding to get their company going. One of the earliest and most well-known is the <\/span><span style=\"font-weight: 400;\">MIT<\/span><span style=\"font-weight: 400;\"> $100K Entrepreneurship Competition at <\/span><a href=\"https:\/\/www.mbamission.com\/blog\/how-to-get-into-mit-sloan-school-of-management-mit-sloan-essay-tips-and-examples\/\"><span style=\"font-weight: 400;\">MIT Sloan<\/span><\/a><span style=\"font-weight: 400;\">, which awards $100,000 to a range of start-ups. Past winners include Akamai<\/span> <span style=\"font-weight: 400;\">Technologies and HubSpot.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One campus is not always enough to provide the entrepreneurship curriculum that students demand. For example, in addition to <\/span><a href=\"https:\/\/www.mbamission.com\/blog\/how-to-get-into-the-wharton-school-wharton-essay-tips-and-examples\/\"><span style=\"font-weight: 400;\">Wharton<\/span><\/a><span style=\"font-weight: 400;\">\u2019s<\/span><span style=\"font-weight: 400;\"> Philadelphia campus, where its entrepreneurship mother ship Tangen Hall is located, the program has a San Francisco campus committed to producing the next Silicon Valley success. Classroom teaching is still front and center, however, and being in San Francisco gives Wharton the ability to find professors and lecturers who have their own entrepreneurial roots in the region. Students get out of the classroom by engaging with founders and participating in local events. Beyond this, approximately one-third of the program\u2019s students do an internship at a San Francisco\u2013based start-up or a growing company in Silicon Valley.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As for in-semester internships, the leader in this space is <\/span><a href=\"https:\/\/www.mbamission.com\/blog\/how-to-get-into-columbia-business-school-cbs-essay-tips-and-examples\/\"><span style=\"font-weight: 400;\">Columbia Business School<\/span><\/a><span style=\"font-weight: 400;\">. Columbia gives its students Fridays off to allow them to get out of the classroom and into the local economy. The companies involved frequently include start-ups, particularly those in Silicon Alley, New York\u2019s smaller, but growing, version of Silicon Valley.<\/span><\/p>\n<p><a href=\"https:\/\/www.mbamission.com\/blog\/how-to-get-into-chicago-booth-school-of-business-chicago-booth-essay-tips-and-examples\/\"><span style=\"font-weight: 400;\">Chicago Booth<\/span><\/a><span style=\"font-weight: 400;\"> achieves the same effect of students being part of a start-up but follows a different formula. Booth students can spend the summer before they begin their studies finding out what being an entrepreneur is like. The school\u2019s Startup Summer is a seven-week program in which Booth first years can intern at a start-up in any one of ten countries or eight U.S. cities (not just Chicago). Participants even receive a stipend. And all this before classes even start!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Chicago also has some unique things happening with respect to the other flavors of entrepreneurship, such as the Booth-Kellogg Entrepreneurship Through Acquisition Conference. Although many people think about entrepreneurship as some tech business being built out of someone\u2019s garage, another way to do a start-up is by buying a venture that already exists. Following this well-trodden path, a would-be entrepreneur purchases an already established business with an eye toward making it run better, cheaper, or faster. With their unique joint conference, Booth and <\/span><a href=\"https:\/\/www.mbamission.com\/blog\/how-to-get-into-kellogg-school-of-management-northwestern-kellogg-essay-tips-and-examples\/\"><span style=\"font-weight: 400;\">Kellogg<\/span><\/a><span style=\"font-weight: 400;\"> bring students, entrepreneurs, funders, and others in the entrepreneurship space together to explore possible opportunities to buy a business rather than found one from scratch. As part of this process, students learn how to create their own \u201csearch fund\u201d\u2014a special financial vehicle used just to buy companies\u2014and even find funders.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For some industries, such as investment banking and consulting, attending a top-tier business school is critical to getting the job you want, but entrepreneurship is somewhat of a different animal. Great ideas have turned into big companies on practically <\/span><i><span style=\"font-weight: 400;\">every<\/span><\/i><span style=\"font-weight: 400;\"> business school campus. With this in mind, I want to call out a couple of other schools.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For their capstone projects, second-year students at <\/span><a href=\"https:\/\/www.mbamission.com\/blog\/how-to-get-into-anderson-school-of-management-ucla-anderson-essay-tips-and-examples\/\"><span style=\"font-weight: 400;\">UCLA Anderson<\/span><\/a><span style=\"font-weight: 400;\"> can build their own business via the Business Creation Project pathway. When most people think about entrepreneurship in California, Silicon Valley comes to mind, but if they look 400 miles south, they will realize that Los Angeles has become quite the entrepreneurial hub, as well.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Talking about entrepreneurial cities, one of the most significant that frequently flies under the radar is Pittsburgh. Meta, Amazon, Duolingo, and other tech giants have a presence in Pittsburgh, anchoring a start-up universe that includes <\/span><a href=\"https:\/\/www.mbamission.com\/blog\/how-to-get-into-tepper-school-of-business-carnegie-mellon-tepper-essay-tips-and-examples\/\"><span style=\"font-weight: 400;\">Carnegie Mellon Tepper<\/span><\/a><span style=\"font-weight: 400;\">. Pittsburgh is a city teaming with entrepreneurial life, and Tepper helps entrepreneurs plug right into that ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Voted <\/span><a href=\"https:\/\/www.usnews.com\/best-graduate-schools\/top-business-schools\/entrepreneurship-rankings\"><span style=\"font-weight: 400;\">number one for entrepreneurship<\/span><\/a><span style=\"font-weight: 400;\"> year after year by <\/span><i><span style=\"font-weight: 400;\">U.S. News &amp; World Report<\/span><\/i><span style=\"font-weight: 400;\"> is the Olin Graduate School of Business at Babson College. Though small and somewhat removed from a big city, it nevertheless has transformed into a true entrepreneurial power. It has built a comprehensive pathway for taking a business from seed to IPO. Babson lives and breathes entrepreneurship and is fully integrated into the entrepreneurial world of the Northeast.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Go across the country, and you get to Boise State University, which has very deliberately tried to instill entrepreneurship into every element of its DNA. Driving this thinking is that Boise is now the new Boulder, which was once the new Seattle, which was once the new San Francisco. As each city became too expensive, tech remained one step ahead and has now landed in Idaho\u2014not a bad place to be if you love the outdoors, mountains, and skiing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Business students want to learn entrepreneurship, and business schools are ready to teach it\u2014in the classroom, on campus, and in the community, and frequently with great success. Billions of dollars of value are created each year, as ideas go from PowerPoint slides to start-ups to mature companies, catalyzed by the learnings each MBA gains. The nice thing is that you can elect to follow this pathway at any number of business schools, across the country and around the world.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For aspiring entrepreneurs, now might be the time to start diving deeply into this topic. Become the entrepreneur you want to be at a business school that fits you best.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you wonder which schools you would be competitive at or have questions about your application essays, sign up for a<\/span> <a href=\"https:\/\/www.mbamission.com\/consult\/mba-admissions\/\"><b>free 30-minute consultation<\/b><\/a> <span style=\"font-weight: 400;\">with an mbaMission consultant.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stanford, Stanford, Stanford.&nbsp; Stanford seems to be the only name on anyone\u2019s mind when the topic turns to entrepreneurship. Sure, the school has a long-standing culture of entrepreneurship, dozens of courses on innovation, its \u201cStartup Garage\u201d class and Venture Studio, and a stacked roster of famed practitioners as professors! But guess what? A lot of &hellip; <a class=\"read-more\" href=\"https:\/\/www.mbamission.com\/blog\/best-business-schools-for-entrepreneurship\/\">Read&nbsp;More&nbsp;&nbsp;<i class=\"fal fa-sm fa-angle-right\"><\/i><\/a><\/p>\n","protected":false},"author":2,"featured_media":35463,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[19,7],"tags":[420,422,265,62,171,333,304,233,418,180,421,419,210],"class_list":["post-35462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-b-school","category-news","tag-babson-college","tag-boise-state-university","tag-carnegie-mellon-tepper","tag-chicago-booth-2","tag-columbia-business-school","tag-entrepreneur","tag-entrepreneurial-studies","tag-harvard-business-school","tag-kellogg","tag-mit-sloan","tag-olin-graduate-school-of-business","tag-ucla-anderson","tag-wharton"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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