This chapter reports the results of a study conducted on Sultan Qaboos University (SQU) female undergraduate students’ intentions on becoming entrepreneurs and their perceptions towards entrepreneurship. This study employed predictive modelling to understand and predict the start of own business by female students in a developing country like Oman. The key research question addressed in this chapter is: What factors influence Sultan Qaboos University’s female students towards entrepreneurship? Using a questionnaire survey, data were collected from 200 undergraduate female students at the College of Economics and Political Science in 2015. The findings suggest that, while the general perceptions on factors that influence the entrepreneurial aspirations of female SQU undergraduate students are positive, a small portion of these students still hold ambivalent views towards entrepreneurship. This research has important implications for researchers, practitioners, policy makers and entrepreneurship educators.