Best Undergraduate Entrepreneurship Programs In Europe

Last Updated on June 3, 2022

In normal times, top-tier entrepreneurship programs are focused on the fundamentals – teaching their students everything from budgeting to leadership. But in these unpredictable times, the schools are also serving as a touchpoint for their budding entrepreneurial communities: They’re providing information on things like lending programs and workplace safety, hosting virtual town halls, setting up emergency funds for students, and helping their students support the communities they live in.

European business schools and universities are working tirelessly to secure the future of the continent which relies heavily on the success of its entrepreneurs. According to Entrepreneur, in an attempt to tackle the devastating effects of the world economic crisis in 2008 on entrepreneurship, the EU established the Entrepreneurship 2020 Action Plan in early 2013. 

Right here on infolearners, you are privy to a litany of relevant information on best undergraduate entrepreneurship programs in europe, masters in entrepreneurship and innovation europe, who is an entrepreneur, types of entrepreneurship, entrepreneurship masters, best universities in the world and so much more. Take out time to visit our catalog for more information on similar topics.

What is Entrepreneurship?

In economics, entrepreneurship connected with land, labour, natural resources and capital can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and is an indispensable part of a nation’s capacity to succeed in an ever-changing and more competitive global marketplace.

Who is an Entrepreneur?

The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. The best example of entrepreneurship is the starting of a new business venture. The entrepreneurs are often known as a source of new ideas or innovators, and bring new ideas in the market by replacing old with a new invention.

It can be classified into small or home business to multinational companies. In economics, the profits that an entrepreneur makes is with a combination of land, natural resources, labour and capital.

In a nutshell, anyone who has the will and determination to start a new company and deals with all the risks that go with it can become an Entrepreneur.

Types of Entrepreneurship

Small Business Entrepreneurship-

These businesses are a hairdresser, grocery store, travel agent, consultant, carpenter, plumber, electrician, etc. These people run or own their own business and hire family members or local employee. For them, the profit would be able to feed their family and not making 100 million business or taking over an industry. They fund their business by taking small business loans or loans from friends and family.

Scalable Startup Entrepreneurship-

This start-up entrepreneur starts a business knowing that their vision can change the world. They attract investors who think and encourage people who think out of the box. The research focuses on a scalable business and experimental models, so, they hire the best and the brightest employees. They require more venture capital to fuel and back their project or business.

Large Company Entrepreneurship-

These huge companies have defined life-cycle. Most of these companies grow and sustain by offering new and innovative products that revolve around their main products. The change in technology, customer preferences, new competition, etc., build pressure for large companies to create an innovative product and sell it to the new set of customers in the new market. To cope with the rapid technological changes, the existing organisations either buy innovation enterprises or attempt to construct the product internally.

Social Entrepreneurship-

This type of entrepreneurship focuses on producing product and services that resolve social needs and problems. Their only motto and goal is to work for society and not make any profits.

Characteristics of Entrepreneurship:

Not all entrepreneurs are successful; there are definite characteristics that make entrepreneurship successful. A few of them are mentioned below:

  • Ability to take a risk- Starting any new venture involves a considerable amount of failure risk. Therefore, an entrepreneur needs to be courageous and able to evaluate and take risks, which is an essential part of being an entrepreneur.
  • Innovation- It should be highly innovative to generate new ideas, start a company and earn profits out of it. Change can be the launching of a new product that is new to the market or a process that does the same thing but in a more efficient and economical way.
  • Visionary and Leadership quality- To be successful, the entrepreneur should have a clear vision of his new venture. However, to turn the idea into reality, a lot of resources and employees are required. Here, leadership quality is paramount because leaders impart and guide their employees towards the right path of success.
  • Open-Minded- In a business, every circumstance can be an opportunity and used for the benefit of a company. For example, Paytm recognised the gravity of demonetization and acknowledged the need for online transactions would be more, so it utilised the situation and expanded massively during this time.
  • Flexible- An entrepreneur should be flexible and open to change according to the situation. To be on the top, a businessperson should be equipped to embrace change in a product and service, as and when needed.
  • Know your Product-A company owner should know the product offerings and also be aware of the latest trend in the market. It is essential to know if the available product or service meets the demands of the current market, or whether it is time to tweak it a little. Being able to be accountable and then alter as needed is a vital part of entrepreneurship.

Importance of Entrepreneurship:

  • Creation of Employment- Entrepreneurship generates employment. It provides an entry-level job, required for gaining experience and training for unskilled workers.
  • Innovation- It is the hub of innovation that provides new product ventures, market, technology and quality of goods, etc., and increase the standard of living of people.
  • Impact on Society and Community Development- A society becomes greater if the employment base is large and diversified. It brings about changes in society and promotes facilities like higher expenditure on education, better sanitation, fewer slums, a higher level of homeownership. Therefore, entrepreneurship assists the organisation towards a more stable and high quality of community life.
  • Increase Standard of Living- Entrepreneurship helps to improve the standard of living of a person by increasing the income. The standard of living means, increase in the consumption of various goods and services by a household for a particular period.
  • Supports research and development- New products and services need to be researched and tested before launching in the market. Therefore, an entrepreneur also dispenses finance for research and development with research institutions and universities. This promotes research, general construction, and development in the economy.

Best Undergraduate Entrepreneurship Programs In Europe

Top 50 Best Undergrad Programs for Entrepreneurs in 2021

The University of Cambridge (UK)

The University of Cambridge (UK) is one of the world’s foremost research universities. The University is made up of 31 Colleges and over 150 departments, faculties, schools and other institutions. Its mission is “to contribute to society through the pursuit of education, learning, and research at the highest international levels of excellence”. 

The University of Cambridge runs an entrepreneurship centre, offers a Masters in Entrepreneurship learning program for aspiring entrepreneurs, and much more. Among the University’s alumni are co-founders of tech companies like DeepMind, Improbable, PROWLER.io.

HEC Paris Business School (France)

HEC Paris Business School (France) is specialised in education and research in management and offers a complete and unique range of educational programs for the leaders of tomorrow: Masters Programs (also: Master program in Innovation and Entrepreneurship), MBA, PhD, HEC Executive MBA, TRIUM Global Executive MBA and Executive Education open-enrolment and custom programs.

HEC Paris has a permanent faculty of 115 professors, more than 4,000 students and over 8,500 managers and executives in training every year. The impressive list of HEC alumni includes Leetchi Group founder Céline Lazorthes and Doctolib co-founder Stanislas Niox-Château.

University of Amsterdam (Netherlands)

University of Amsterdam (Netherlands): With some 30,000 students, 5,000 staff and a budget of more than €600 million, it is one of the largest comprehensive universities in Europe. Over time, the UvA has risen to international prominence as a research university, gaining an excellent reputation in both fundamental and socially relevant research.

Aside of MBA programs and other business-related study programs, the university also offers the Master’s program “Entrepreneurship”. Also, the Uv Entrepreneurship students are organising an annual event called the “UvA Startup Market”. The list of alumni includes co-founders of successful startups like Virtuagym and Lepaya.

Imperial College London (UK)

Imperial College London (UK) is consistently rated in the top 10 universities in the world and focuses exclusively on science, medicine, engineering and business. Imperial aims at bringing together people, disciplines, industries and sectors to further our understanding of the natural world, solve major engineering problems, lead the data revolution and improve health and well-being. The university also offers the Master program “Innovation, Entrepreneurship & Management”.

WHU – Otto Beisheim School of Management (Germany)

WHU – Otto Beisheim School of Management (Germany) is a mainly privately funded Business School based in Vallendar/Koblenz and in Düsseldorf. It is a leading Business School in Germany and is continuously ranked among the top Business Schools in Europe.

The range of courses includes Bachelor Program, the Master in Management and Master in Finance Programs, a Full-Time MBA Program, a Part-Time MBA Program and the Kellogg-WHU Executive MBA Program. Each year, the WHU students organise a great entrepreneurship event called IdeaLab!. The list of WHU alumni includes serial entrepreneur and Rocket Internet founder Oliver Samwer and Zalando co-founder Robert Gentz.

IESE Business School (Spain)

IESE Business School (Spain) aims to give its students a bird’s eye view. The international business school is based in Barcelona. IESE set out to help you become your best self, so that through your business leadership you can change the world. The value of an entrepreneurial mindset is transmitted through all of IESE’s programs’ curriculum. In fact, about 30% of IESE students start a business within 5 years of their graduation. Alumni entrepreneurs received over €1 billion in funding.

London Business School (UK)

London Business School (UK) is consistently ranked in the global top 10 for its programmes and is widely acknowledged as a centre for outstanding research. As well as its top-ranked full-time MBA, the School offers degree and award winning executive education programmes to executives from around the world. With a presence in London, New York, Hong Kong and Dubai the School is well positioned to equip students from more than 130 countries with the tools needed to operate in today’s business environment. LBS also provides entrepreneurship programmes like “The Entrepreneurial Edge”, runs an “Institute of Innovation and Entrepreneurship”, and also has its own “LBS Entrepreneurship Club”.

IE Business School (Spain)

IE Business School (Spain) is an international institution dedicated to educating business leaders through programs based on core values of global focus, entrepreneurial spirit and a humanistic approach. The 500-strong, international IE faculty teaches a student body composed of more than 90 nationalities. IE’s International MBA students can choose from one of four labs that provide uniquely packaged, relevant, and hands-on material not commonly found in an MBA curriculum. The Startup Lab, for example, immerses students in an incubator-like atmosphere that serves as preparation for the IE Venture Lab or a catalyst for launching a company post-graduation.

Cranfield (UK)

Cranfield (UK) is an exclusively postgraduate university, creating leaders in technology and management. The Bedford-based university focuses on the specialist themes of aerospace, defence and security, energy and power, environment and agrifood, manufacturing, transport systems, and water. The Cranfield School of Management is one of the world leaders in management education and research. Also, Cranfield offers a Masters programme in Management and Entrepreneurship, an incubation co-working space, as well as entrepreneurial skills development courses and events from the Bettany Centre for Entrepreneurship.

ESMT Berlin (Germany)

ESMT Berlin (Germany) is one of the highest ranked business schools in Europe. Founded by 25 leading global companies, ESMT offers master’s, MBA, and PhD programs, as well as executive education on its campus in Berlin, in locations around the world, and in online blended format. Focusing on leadership, innovation, and analytics, its diverse faculty publishes outstanding research in top academic journals. The school’s Master’s in Management (MIM) program also provides a specialization in “Entrepreneurship & Innovation”. Additionally, the international business school runs an Institute for Endowment Management and Entrepreneurial Finance, as well as an ESMT Berlin Entrepreneurship Club.

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