Abstract: Female entrepreneurship is considered an important tool in enabling female empowerment and emancipation. The main objective of this study is to investigate female undergraduate students’ attitudes toward and perceptions of entrepreneurship (Comparison Ethiopian Public and Private Universities). In the light of recent world events, this has become a crucial area to study and understand – especially with respect to, attitudes toward entrepreneur, motivations, constraints and consequences. The reason why final year female undergraduates are chosen for the current study is because they are at a period in their career development where they are considering different career routes and are therefore, a potential source of future female entrepreneurs. For research design; cross-sectional, descriptive and inferential designs study were used in the study. In the study both primary and secondary data were used. Pertaining to data analysis the researchers had used both qualitative and quantitative data analysis techniques mainly descriptive analysis using percentages, tables and graphs deployed. While for inferential statistics like distribution based analysis for nominal data type, chi-square, and multi-regeration were used to test the statistically significant difference (independency) of variables, impacts of independent variables on dependent variable.