Creativity and innovativeness of engineering students is related to entrepreneurial intentions. Certain internal and external factors act against the development of these intentions. These factors referred as entrepreneurial barriers are often studied in the entrepreneurship literature. The aim of this article is to examine the barriers reported by Information Technology (IT) students and prioritize them based on their effect on entrepreneurial intentions. For that purpose, responses from a sample of 321 IT students were statistically analyzed, in order to calculate the relative importance and effective performance of barriers, required for the subsequent importance-performance analysis. The methodology proposed offers entrepreneurship instructors and policy makers a handy methodology for the prioritization of entrepreneurial barriers, in order to design the required interventions.