Manage at university to make approach (3-2)
I believe the answer is:
run-up
'approach' is the definition.
(I know that run-up is a type of approach)
'manage at university' is the wordplay.
'manage' becomes 'run' (both can mean to organise).
'at university' becomes 'up' ('up' can mean studying at university).
'run'+'up'='RUN-UP'
'to make' acts as a link.
(Other definitions for run-up that I've seen before include "Approach - preliminaries" , "Cricketing approach?" , "Preliminary period" , "Bowler's approach?" .)