News

Institute for Entrepreneurship Extends Winning Streak

October 2012

In what is becoming an annual tradition, the Institute was again ranked as one of the top undergraduate entrepreneurship programs in the country by The Princeton Review. The rankings, published in Entrepreneur magazine's October issue, list Miami's program at the Farmer School of Business as the 16th best in the nation. This marks the fifth consecutive year the Institute has been so honored.

The rankings are based on key criteria gathered from approximately 2,000 entrepreneurship programs. Factors considered include teaching entrepreneurship business fundamentals in the classroom, staffing departments with successful entrepreneurs, excellence in mentorship, providing experiential or entrepreneurial opportunities outside of the classroom, as well as non-traditional distinguishable aspects of their programs.

Dr. Brett Smith, Director of the Institute, noted, "Our mission is to provide our students with a world class educational experience that extends far beyond the classroom. Real-world immersions, internships, and an internationally-recognized undergraduate social entrepreneurship program are integral aspects of that experience." Smith continued, "We are constantly innovating - practicing what we preach; adding new opportunities for our students. Last year, we developed and implemented a semester-long immersion program where a group of 10 students worked and lived in Silicon Valley to truly get a sense of the heart of the entrepreneurial world."

Roger L. Jenkins, Dean of the Farmer School and Mitchell P. Rales Chair in Business Leadership added, "The Institute's growing reputation and impressive list of accolades has resulted in an interesting phenomenon - organizations seeking out Miami's involvement in groundbreaking activities. In the last academic year, The Executive Board of Startup Weekend asked the Institute to host the world's first-ever "student-only" Startup Weekend: The U.S. Department of State awarded $100,000 to the Institute to host a one-week seminar in social entrepreneurship for Fulbright students from Afghanistan and The Brandery, a top-ten ranked high tech accelerator, invited the Institute to partner with them as part of the Cincinnati entrepreneurial ecosystem."

It appears that success truly does breed success. Recently, entrepreneurship students took home top honors in the U.S. Department of State Innovation Competition and the Guy Kawasaki Business Plan Competition and The Global Consortium for Entrepreneurship Centers (GCEC) recognized the Institute as the best program in the world for social entrepreneurship.