The Princeton Review and Entrepreneur Magazine have named Rice University and the University of Houston as two of the nation's top schools for their entrepreneurship programs. The 2014 list, released on Monday, includes the top 25 undergraduate and top 25 graduate entrepreneurial colleges.
The Wolff Center for Entrepreneurship at the University of Houston's C.T. Bauer College of Business ranked No. 2 on the undergraduate list and Rice University's Jones Graduate School of Business Entrepreneurship ranked No. 4 on the list of graduate programs. While this marks the second year in a row that Rice has held its No. 4 ranking, the UH Wolff Center has risen from the No. 3 ranking it received last year.
Over 2,000 schools were reviewed, with the final lists including only 39 institutions — five are in Texas.
In order to effectively rank each program, the Princeton Review surveyed school administrators, evaluating each university's level of commitment to entrepreneurship both inside and outside the classroom, based on the percentage of faculty, students and alumni involved in entrepreneurial endeavors, as well as the funding and support provided for entrepreneurial studies and projects. Over 2,000 schools were reviewed, with the final lists including only 39 institutions.
While Rice and UH were ranked highly on the Princeton Review's list, they were not the only Texas universities to be included. Baylor University's John F. Baugh Center for Entrepreneurship ranked No. 5 on the undergraduate list, the Neely Entrepreneurship Center at Texas Christian University ranked No. 22 on the undergraduate list, and the University of Texas at Austin ranked No. 7 on the graduate list. With five programs named between the two lists, Texas ties with New York as the No. 1 state for entrepreneurship.