Business students from a public university in roatia participated in an international study on entrepreneurial self‐efficacy, identity, and education. The results of this preliminary empirical research indicate that the main predictors of the entrepreneurial intentions in roatia are strength of entrepreneurial identity aspiration and entrepreneurial self‐efficacy. These two main constructs mediate the number of personal, situational, or contextual factors, including education. Empirical analysis supports the majority of ocial ognitive areer heory hypothesized interaction between control variables and main constructs such as self‐efficacy, positive outcome expectations, and entrepreneurial identity. These findings thus fill the gap in the empirical evidence of the theoretical framework validity derived from different contexts.