Tec de Monterrey Stands Out Among the many 5 Greatest Universities for Entrepreneurship

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Tec de Monterrey Stands Out Among the 5 Best Universities for Entrepreneurship

November
18, 2020

4 min read

This article has been translated from our Spanish edition using AI technologies. Errors can occur due to this process.

Tecnológico de Monterrey has advanced three positions and is one of the top five universities for entrepreneurship according to The Princeton Review: Top Undergraduate Schools for Entrepreneurship Ranking 2021, published by The Princeton Review and Entrepreneur Magazine.

The evaluators published the results of the fifteenth annual survey of the names of the top 50 schools to run entrepreneurship programs in undergraduate and graduate degrees.

Tecnológico de Monterrey is the only university outside the US participating in this assessment. In this issue, she was ranked fifth at the undergraduate level alongside institutions like the University of Houston, Babson College, Brigham Young University, and the University of Michigan, among others.

Since 2016, the institution has remained in the top 25 of the ranking and ranks 23rd, then 17th, 14th, 10th, then 8th place in 2020 and 5th place for the 2021 edition.

“We are proud to be in the top 5 for this publication. It is undoubtedly the result of the efforts of the entire Tec community: students, graduates, teachers, and staff. We will continue to promote entrepreneurship through initiatives and projects that are increasingly important. In difficult times, we now support this commitment, which is reflected in the added value for our country, ”said David Garza Salazar, Rector and Managing Director of Tecnológico de Monterrey.

Rob Franek, editor-in-chief of The Princeton Review, commented: "We congratulate Tecnológico de Monterrey on being number 5 in our ranking. Over the years, Tec has climbed our charts impressively, starting at number 23 in 2016 when it came to the was rated for the first time. His commitment to entrepreneurship education made a positive impression on our editors. "

Top 10 Universities with Bachelor Entrepreneurship Programs

  1. University of Houston
  2. Babson College
  3. Brigham Young University (UT)
  4. University of Michigan – Ann Arbor
  5. Tecnológico de Monterrey
  6. University of Maryland, College Park
  7. Baylor University
  8. Northeastern University
  9. Washington University in St. Louis
  10. University of Utah

This is one of the most prestigious university rankings in the US, according to the Universities in the US website, and one of the few that specifically rates entrepreneurship in more than 300 North American universities.

Photo: Tec de Monterrey

For the Entrepreneurship category, the methodology used includes reviewing and analyzing the information from each participating university in three large sections:

Academic aspects

In this section, Tecnológico de Monterrey has maintained a very competitive level with the 5 best universities, including for offering 80 subjects related to entrepreneurship.

Students and teachers

This year, over 1,000 professors from Tecnológico de Monterrey have taught at least one class on entrepreneurship and 91% of them have started, bought, sold or run a business. Among students, the percentage saw a significant increase from 72% to 95% of students in entrepreneurship programs developing business projects. Among the graduates of the Tecnológico de Monterrey there are more than 1,500 companies that have undergone an entrepreneurial process within the ecosystem in the last ten years.

Activities outside of the classroom

This section analyzes data on the activities of the entrepreneurship ecosystem, and this year in particular, it takes into account the efforts of universities to support the entrepreneurship community in the face of the COVID-19 pandemic.

At Tecnológico de Monterrey, support for student entrepreneurship has increased significantly in recent years. Students participate heavily in major competitions run by global organizations and institutions such as the Hult Prize sponsored by the United Nations and former President of the United States, Bill Clinton. The Rutopia project was awarded 1st place and $ 1,000,000.

For more than 75 years, Tecnológico de Monterrey has promoted entrepreneurship among 300,000 graduates. One of his biggest initiatives in the field of entrepreneurship is INCmty, an annual festival that encourages inspiring, connecting, and tools for innovative entrepreneurs from Mexico and Latin America. In its 8th edition, INCmty had more than 10,000 participants through 322 activities in virtual format. The most participating countries this year include the US, Chile, Colombia, Peru, Ecuador, Spain, Ireland, Panama, Bolivia and El Salvador.