The University of Miami Patti and Allan Herbert Business School offers one of the nation’s best programs for students aspiring to become entrepreneurs, according to The Princeton Review and Entrepreneur Magazine.
The joint effort of The Princeton Review, known for its annual college and graduate school rankings and Entrepreneur Magazine ranked Miami Herbert No. 13 on its list of “Top 50 Undergraduate Schools for Entrepreneurship of 2021.” Miami Herbert was the only business school in Florida that ranked top 15 for its undergraduate entrepreneurship program.
“It is an honor to be recognized by The Princeton Review and Entrepreneur Magazine,” said Michael Wilson, faculty member and director of entrepreneurship programs at Miami Herbert. “This top ranking truly reflects the incredible entrepreneurs who live and call South Florida home; it also dovetails with experiential and engaging curriculum from world-class faculty where our student stakeholders receive practice and principles."
Miami Herbert hosts an annual business plan competition, lead by Wilson, that is open to all University of Miami students and alumni. This year, “Pitch Night,” the first phase of the competition, fell on the same day the rankings were released—today.
"The best part is that our students from across our three campuses pitch of their own volition,” said Wilson. “Even during a global pandemic ‘entrepreneuring’ is a dynamic contact sport learned best through doing.”
“Given the unemployment rate that has proliferated by the pandemic, people are keener than ever to take ownership of their financial destiny instead of relying on large organizations,” said John Quelch, dean of Miami Herbert. “We expect a significant rise in entrepreneurial interest and a higher number of startups from our students and alumni, especially since we are in Miami, one of the most entrepreneurial cities in the U.S. This ranking recognizes the important role Miami Herbert plays as an economic engine in Miami and nationally.”
The Princeton Review chooses the top schools based on a wide range of institutional data it evaluates for this project. In its 60-question survey schools are asked about the percentage of their faculty, students, and alumni actively and successfully involved in entrepreneurial endeavors; the number and reach of their mentorship programs, scholarships, and grants for entrepreneurial studies; and the level of support for school-sponsored business plan competitions.
"The schools that made our ranking lists for 2021 all offer exceptional entrepreneurship programs," said Rob Franek, The Princeton Review's editor in chief in a press release announcing the rankings. "Their faculties are outstanding. Their courses have robust experiential components, and their students receive outstanding mentoring and networking support. We strongly recommend these fine schools to anyone considering a college major or graduate degree in this burgeoning field."
The full results of The Princeton Review's 15th annual survey can be found at www.princetonreview.com/entrepreneur
