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Rating universities on entrepreneurship: QS Stars
By Craig OCallaghan
Updated March 21, 2024 Updated March 21, 2024An entrepreneurial spirit is becoming increasingly important in today's fast-paced, innovation-led global job market. So, when you're choosing a university, consider how well it supports aspiring entrepreneurs. QS Stars uses the following criteria to measure the entrepreneurship of an institution:
Student or alumni-created startups
A strong track record of successful student or alumni-created businesses is a clear sign that a university is good at nurturing entrepreneurial talent. Full points are awarded to universities with at least 30 student or alumni-created startups in the past five years, or with the number of startups equivalent to 10% of the student body.
Incubator
Incubators at universities offer essential support like workspaces and guidance from experienced mentors, making the challenging initial phase of starting a business much smoother. They link up-and-coming entrepreneurs with a valuable network of investors and fellow innovators, providing opportunities for learning, collaboration, and funding.
Full points are given to institutions that have the following:
At least 20 places for students
At least 40% female entrepreneurs
50% of companies still operating after five years (including those purchased by another bigger company)
70% of companies receiving seed (this includes funds both from university and from private entities/companies, but students’ personal funding investment is not accepted)
Faculty members in operational companies
Faculty members who are also involved in businesses bring valuable real-world experience into the classroom, making your studies more practical and relevant. Their connections give you the chance to network with professionals and find mentors who can guide you throughout your career journey.
Full points are given if 25% of the institution’s academic faculty serve on boards of operational companies.
Entrepreneurship clubs for students
Entrepreneurship clubs offer you opportunities to develop your entrepreneurial skills outside the classroom, through activities such as workshops, speaker events, and competitions.
Full points are awarded if the institution has at least three student clubs with a focus on entrepreneurship and business.
If you’re an aspiring entrepreneur, turn your dream into a reality at an institution that fosters your talent and spirit.
Knowing where to look can be difficult, but QS Stars does the evaluating for you. Easily see where a university’s strengths are to find the programme that suits your priorities.
This article was originally published in March 2024 .
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As Head of Content, Craig is responsible for all articles and guides published across TopUniversities and TopMBA. He has nearly 10 years of experience writing for a student audience and extensive knowledge of universities and study programs around the world.
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