Entrepreneur Magazine Ranks Baylor Undergraduate Entrepreneurship Program No. 6 in Nation

November 29, 2022
Paul Foster Campus Atrium

Paul Foster Campus Atrium

Media Contact: Kelly Craine, Baylor University Media and Public Relations, 254-297-9065
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WACO, Texas (Nov. 29, 2022) – The Department of Entrepreneurship and Corporate Innovation in Baylor University’s Hankamer School of Business has been recognized with a No. 6 national ranking for its undergraduate entrepreneurship program by Entrepreneurship Magazine and The Princeton Review.

In addition to the national rankings, the department has been ranked No. 4 in the world for research productivity by the TCU Global University Entrepreneurship Research Productivity Rankings, showcasing success in entrepreneurship education and research. Baylor University is the only university to receive a top-ten rankings recognizing achievements in both the undergraduate programming as well as research in the field of entrepreneurship.

Baylor stands out as one of only five schools in the top 25 of both the Entrepreneur and research productivity lists, with Baylor joining Babson College, Northeastern University, Miami University and Syracuse University. But factoring in the universities that appear in the top 10 in both lists, Baylor is the only ranked school with strengths in both teaching and research.

"The combination of research, teaching and service are key to the success of the Baylor Entrepreneurship undergraduate program," said Peter Klein, Ph.D., professor and chair of entrepreneurship and The W.W. Caruth Chair at Baylor. "Baylor is one of the few programs to be elite in both research and teaching, an example of the kind of balance we want with our Research 1/Tier 1 aspirations,” Klein continued.

A leader in the field of entrepreneurship, Baylor University was one of the first universities to offer entrepreneurship programming, with the first classes launching in 1978. The entrepreneurship program in the Hankamer School of Business seeks to foster the entrepreneurial spirit and mindset in all students by providing them with the tools needed to start ventures and provide an intent focus on core values needed for students to build a meaningful life.

"We have two objectives. The first is to immerse our students in a rigorous curriculum centered on experiential learning and the second is fundamental to Baylor's Christian mission in the belief that entrepreneurial pursuits reflect a higher purpose," Klein said. "We believe entrepreneurship serves not just an economic function but also a social purpose in the sense that entrepreneurs can change the world for the better," Klein continued.

Baylor's Department of Entrepreneurship and Corporate Innovation has been dedicated to the study, teaching and practice of new venture creation and development for more than four decades and ranks among the top programs in the country while offering a wide variety of programs across the campus.

In the 2023 U.S. News Best Colleges rankings, Baylor’s undergraduate entrepreneurship program moved up to No. 8 nationally as the top-ranked program in Texas. In March, the U.S. News Best Graduate School rankings rated Baylor’s graduate program (Ph.D.) in entrepreneurship No. 17 in the nation.


Baylor University is a private Christian University and a nationally ranked Research 1 institution. The University provides a vibrant campus community for more than 20,000 students by blending interdisciplinary research with an international reputation for educational excellence and a faculty commitment to teaching and scholarship. Chartered in 1845 by the Republic of Texas through the efforts of Baptist pioneers, Baylor is the oldest continually operating University in Texas. Located in Waco, Baylor welcomes students from all 50 states and more than 90 countries to study a broad range of degrees among its 12 nationally recognized academic divisions.


Baylor University’s Hankamer School of Business strives to further God’s kingdom through the realm of business, using God-given gifts and academic talents to do so. Faculty and students conduct purposeful research and participate in experiential learning opportunities, all while operating in a Christ-centered mission. Undergraduate students can choose from 13 major areas of study. Graduate students can earn their MBA on their terms, either through the full-time, online or a Dallas-based executive program. The Business School also offers three Ph.D. programs in Information Systems, Entrepreneurship or Health Services Research. The School’s top-ranked programs make up approximately 25 percent of the University’s total enrollment. Visit hankamer.baylor.edu for more information.