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Oct 10, 2007

Entrepreneur Magazine Ranks DePaul Among The Nation’s Top 10

DePaul University’s entrepreneurship program has yet another reason to celebrate this fall. In addition to marking its 25th anniversary this month, the program has been cited among the top 10 in the nation in Entrepreneur magazine and Princeton Review’s fifth annual “Best Schools for Entrepreneurs,” which will appear in the November issue of the magazine.

DePaul was rated fifth — highest among Midwest universities— in the graduate entrepreneur program category and seventh— highest among Chicago-area universities — in the undergraduate category of the rankings.

The 900 schools surveyed to determine the best “were evaluated based on key criteria in the areas of academics and requirements, students and faculty, and outside-the-classroom support and experiences,” according to a news release issued Oct. 10 by Entrepreneur and Princeton Review. A total of 50 — 25 undergraduate and 25 graduate programs —made the list of the best.

The Entrepreneur accolades come one month after another national magazine, Fortune Small Business (FSB), praised DePaul in its ranking. FSB chose DePaul’s undergraduate entrepreneurship program as one of the 25 best in the country (programs were not ranked by number). It also named the Kellstadt Graduate School of Business, which offers an entrepreneur MBA concentration, among the nation’s top 26 “B-schools with entrepreneurial flair.”

Founded in 1982 at the College of Commerce, DePaul’s entrepreneurship program has grown to encompass 12 undergraduate and graduate courses taught by 16 faculty members.

Courses cover business plan development, entrepreneurial strategy and management, new venture financing, business growth, creativity, innovation and technological change, among other topics. More than 400 students take courses in the program each year. The program is supported by the Coleman Entrepreneurship Center, which manages education and outreach programs designed to stimulate the start-up and growth of entrepreneurial firms.

“We have a bright, hardworking faculty that brings creativity into the classroom in order to provide students with a valuable academic and experiential learning atmosphere,” said Harold Welsch, Coleman Entrepreneurship Chair, who founded the program. “The faculty is often supplemented by highly successful entrepreneurs who share their experience to enhance the learning process. This synergy is effective in getting the message across to our aspiring entrepreneurs.”

The schools ranked by Entrepreneur/Princeton Review were:

Top 25 Graduate Programs

1. University of Southern California

2. Babson College

3. The University of Arizona

4. University of North Carolina, Chapel Hill

5. DePaul University

6. University of California, Los Angeles

7. Drexel University

8. Chapman University

9. University of South Florida

10. University of Illinois, Chicago

11. Loyola Marymount University

12. Temple University

13. Monterey Institute of International Studies

14. University of Colorado at Boulder

15. Tulane University

16. Syracuse University

17. Indiana University, Bloomington

18. University of Maryland

19. San Diego State University

20. University of Washington

21. University of Illinois, Urbana-Champaign

22. Rice University

23 University of California, Riverside

24. Northwestern University

25. University of Notre Dame

Top 25 Undergraduate Programs

1. Babson College

2. University of Houston

3. Drexel University

4. The University of Arizona

5. University of Dayton

6. Chapman University

7. DePaul University

8. Temple University

9. University of North Dakota

10. Loyola Marymount University

11. Wichita State University

12. Syracuse University

13. University of Notre Dame

14. University of Maryland

15. University of Oklahoma

16. University of Illinois, Urbana-Champaign

17. Xavier University

18. The University of Alabama

19. University of Southern California

20. Ball State University

21. The University of Iowa

22. Brigham Young University

23. Baylor University

24. Northeastern University

25. The Ohio State University