The objective of this paper is to examine the factors affecting the choice of entrepreneurship among the university going students for starting their own business, their awareness about the schemes promoted by the government of Oman for entrepreneurship. The schemes by the government of Oman for promoting entrepreneurship. The data for the study is obtained from primary source with the use of well structured and pre-tested questionnaires, which were distributed among 150 students of different colleges of Dhofar University, Salalah, and Sultanate of Oman. The factor analysis using principal component extraction method with Varimax rotation has extracted 5 factors which explained 63.74 percent of the variance.