UMD Ranked Among Nation's Elite in Innovation & Entrepreneurship

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Three years into President Wallace Loh’s campus-wide initiative to engage students of all majors in innovation and entrepreneurship (I&E), the University of Maryland has been named a Top 25 School for Entrepreneurship Studies by The Princeton Review.

In the 2016 rankings released today and featured in the December issue of Entrepreneur Magazine, UMD climbed 11 spots from last year to No. 10 for undergraduate entrepreneurship education. This marks the fifth consecutive year that UMD has been named a top 25 program, and the first time the university has ranked in the top 10.  UMD also ranked No. 6 among public universities and No. 18 for its graduate program.

“I&E at UMD is not limited to the idea of starting companies.  We aim to teach innovation methods and cultivate entrepreneurial mindsets to prepare all students to tackle our world’s big challenges whether they’re at startup companies, large companies, non-profits, the public sector, or anywhere else,” said Dean Chang, associate vice president for innovation and entrepreneurship at UMD and head of the Academy for Innovation & Entrepreneurship. “In fact, non-business and non-STEM students are every bit as important to include in the innovation and entrepreneurship process because that process is not as rich and has inferior outcomes without that diversity.”

Over the past year, student engagements in innovation and entrepreneurship (I&E) at UMD reached over 12,000, more than tripling since 2013. Course enrollments accounted for more than 8,000 and extracurricular activities accounted for 4,000. UMD offers 141 innovation and entrepreneurship courses taught by 103 faculty representing 34 different campus departments.  Students have access to more than 21 I&E mentoring programs involving more than 113 external mentors. There are 13 different competitions and grant and seed funds that award up to $750,000 for the best innovations in business, social value, technology, sustainability, and other areas.

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